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Home My WebLink AboutTimes-Advocate, 1978-12-14, Page 15to Ladies! Shopping Boyles £±s r CAROUSEL TOURS AND Tin? Travel Merchant PRESENT & FEB. 9 to 12 4 DAYS - 3 NIGHTS FRIDAY TO MONDAY Times-Advocate, December 14, 1978 Pgge 15 Here's Easy Way To Help Leave this form (filled out) for him . . . then all he has to do is head for Boyle's. We'll even wrap his gift for him and he could even win our $50 gift draw. Times-Advocate, December 14, 1978 WHITING'S iw.Mrs MAIlO ST. <Wstss® fl(**eEos THE COMPLETE AND COURTEOUS TRAVEL SERVICE PHONE 271-8031 OR IF LONG DISTANCE ZENITH 5-0310 pre FURNITURE SALE drvers ’ggw’"6 By JACK RIDDELL MPP Huron-Middlesex I asked the Minister of Agriculture and Food in the Legislature this week if he was aware of the concern that has been expressed over recent purchases of blocks of agricultural land in the Counties of Bruce, Huron, Kent and Lambton, by foreign interest and if he could tell us how widespread this practice is. I also asked if the Minister would immediately under take a survey of current foreign ownership of rural lands in Ontario and monitor all new land transfers private or corporate foreign ownership, as was recommended by the On tario Federation* of Agriculture at its recent an nual meeting. It was at this meeting that I was able to observe spark ed intense concern among* some farmers at what appears to be a new flurry of Ontario land purchases by non-Canadians. 'Hie purchases seem to be concentrated in the Counties mentioned but since raising the question, I have been in formed that such purchases have been taking place all across Ontario. However, this has been a continuous concern for at least five years with periods of more intense buying activity from time to time. Few farmers feel comfor table in arguing that non- nationals should be prohibited absolutely from The Him Do Mam St., Exeter OPEN UNTIL 9:00 P.M. FROM DEC. 18 1 SIZE 1 COLOR ! 1.... ■ Dress R 1 1 .. ..... a Blouse 1 1 Sweater 1 1 1 House Coat ------—------------------------------B 1 a Slacks 1 l 1 Pant Suit 1 1 1 owning Canadian real estate or farmland. What causes worries is that large amounts of foreign invest ment frequently concen trated in sizable blocks of holdings raise questions about future control of Cana dian resources and com munities. Naturally such purchases by outsiders push up land prices for local farmers wishing to buy. Also much of the concerns stem from a lack of knowledge about the extent of foreign ownerships in an area, the source and nature of such large amounts of ready cash, the long term intent of foreign purchases regarding the use of land and the lack of any The Ontario Government seems to have little exact knowledge about this phenomenon hs of the last five years. Its latest systematic survey of the problem was in 1973 by the Select Committee on- Economic and cultural Nationalism. As it then appeared that only about one percent of Ontario real estate was own ed by non-nationals, the government has not seen fit to monitor the trend since. However, due to general knowledge of much purchas ing of Ontario real estate, including farms, in 1974, the Government did amend the Land Transfer Tax Act to in crease this tax on purchases of land by non-residents of Canada to 20% of the purchase price. In fact this tax is easily dodged as a local agent for the purchaser can register as an Ontario" company. Registration can be ac complished without listing foreign based principals and the purchase is registered as to a domestic company. It is interesting to note that Prince Edward Island and the three Prairie Provinces have each taken legislative measures to restrict ownership of farmland by non-Canadian residents and I am surprised and disappointed that the Minister of Agriculture and Food for Ontario, has such a lackadaisical attitude about the foreign purchases of farmland. Beginning in January, single elderly people in this Province who receive guaranteed income supplements will get $20 more a month. The Minister of Revenue also told the Legislature that elderly ^married couples who receive the supplement will . receive $10.00 extra a month. The increase in the guaranteed income level en sures that Ontario residents who are 65 or older will benefit fully from recently effective controls over such purchases. announced federal payments. With effect January 1st, the guaranteed income level will be $343 a month for single people and $666 a month for married couples, if both spouses qualify for the guaranteed income supplement. These increases will affect about 244,000 elderly residents of Ontario. Some 2,500 additional senior citizens who do not qualify for the federal pension and supplement will receive a monthly increase equivalent to the federal increas.e. The Minister said this will cost Ontario about $600,000 a year. • This week the Provincial Treasurer told the Legislature that unemploy ment in this Province rose marginally from 6.1% to 6.6% of the labour force between October and November, Latest unemployment figures show an overall in crease, bringing the total unemployed to 312,000. This is despite the fact that On tario was the only province to increase its work force during the period in ques tion. The Treasurer described the rise in the number of un employed as “regrettable”, but entirely due to the in crease in the work force. Some 154,000 new jobs were created in Ontario between November ‘77 and last month, but'due to the large number of people entering the work force, the seasonally adjusted un employed rate is now at 7.3% up .3% over the previous month. The Treasurer said he ex pected to sign an agreement with Ottawa in the near future, which would cover heavily hit areas of Eastern Ontario and he promised a “complete package” of job creation measures to com bat unemployment. Pick doll draw ticket A Christmas bazaar was ■ . held by Beta Theta Chapter of Beta Sigma Phi, December 5 at the home of SallyLou Raymond which was decorated for the Christmas season. Mrs. Ada Dinney acted as auctioneer of the many gift items made by the members. She also drew the name of the lucky winner of the doll and wardrobe who was Mrs. Barbara Ford, Ex eter. Refreshments were served by the social com mittee. EXCITING LAS VEGAS Norirstop direct charter to Las Vegas from Stratford, St. Marys> & Lucan ( Flamingo Capri Hotel — in the heart of Centre Strip PACKAGE INCLUDES • Coach transportation to and from Toronto International Airport. • Round trip non-stop jet transportation via 727 to Las Vegas ,• Complete in-flight service including com- Alimentary drinks. lound trip transfers between Las Vegas airport ana hotel in air conditioned bus. • Baggage transfers and hotel prc-registra- • Gratuities to Las Vegas skycaps and hotel bellman for luggage handling. • Fun coupon booklets. • Nevada State hotel tax. IV- OUR MOTTO: IF YOU CAN'T COME TO US, THEN WZf'LL COME TO YO0I NOT INCLUDED • Canadian departure tax of $8.00 per person • U.S. departure tax of $3.50 per person. • Cancellation protection of $10.00 per per son. Gratuities for hotel maids and items of personal nature. Note — Prices .are based on double occupancy — per person for 4 days 3 nites. (Friday to Monday) — single room is extra, triple room same as double. Festival Square — Stratford — 10 Downie St. J K00^SS^ sWs£ ££Hairs coffee t?CKers »'ERS »OHS NOW YOU CAN USE YOUR WHITING'S CREDIT CARD (Revolving Charge Plan) No service charge at all if paid in full in 30 days. 1.75% per month (2T% per annum) if extended. For example. If your original balance is up to $100.00 then your required monthly payment is only $16.00 and your ser vice charge on an outstanding balance of $100.00 is only $1.75 which will reduce as the balance reduces. Use Your Chargex or Mastercharge. CARPET 5% TO 50% OFF Super Value QUALITY CARPETING PROFESSIONAL INSTALLATION CAN BE ARRANGED Our Reg. Price $14.95 per sq. yd. Per Sq.Yd. iFHn^RFl^s MICROWAVE OVENS Warehouse Furniture and Appliances Unlimited (New and Used) Sales & Service • Antiques & Things 235-1964 EXETER