HomeMy WebLinkAboutThe Lucknow Sentinel, 1980-10-29, Page 4°from page 1
MacMurchy told federation members an
exemption prevision was included so they
could pass their land On to their children or
' other family members,
Also, since the government didn't want to
disCourage petential residents 'who Wanted
to' live in Saskatchewan; three-year exeMp-
tions were granted to potential" reSidents and
fanners living within.. 20 Miles of the
provincial border were allowed to carry on
farming within the province.
Mr. MacMurchy said the act resulted in
"a fight, in the.legislature" and added, some
opPonents of the plan said "next we were
going to burn the churches."J3ut the act, "a
bold step", was passed and the minister said.
once it was understood, it was welcomed by
the province's farmers.
However, the a farm community soon
realized "land was still being bought out
• from beneath the act by non-residents."
EVen in his own constituency, the minister
said, German interests were buying large
amounts of land and offering as much as
Correcti on
A• story in last week's Sentinel reported
that Maurice Miltenburg Of Ashtield Town-
ship remained in satisfactory condition at
Wingham and District. Hospital following a
car accident October 11. In fact, the line
should have read: "Mr. Miltenburg remains
in satisfactory condition in St. Joseph's
Hospital in London. Miss •Shewfelt was
treated at Wingham and District Hospital
and releaSed," (Kim Shewfelt of Goderich
was -injured -in_the_ same_ mishap,) We
apologize foi• any inconvenience this error
may have caused.
MIDNIGHT LE &A
MADNESS 'Gm"
• Thurs. Fri .• Sat
October 30th October 3151. November 1st
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Handle Barwarmers 'Um
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Page 4-14,eknOW, Sentinel, Wedneaday, ()debar. 29, A980
Scokofehowoo-lipt-i.cotarofrititift otOer$10
that 34-qtrarter'secfions-ef-eland-were—
eventually owned by absentee German
buyers.. While the Farm OWnership Board
investigated, they found each, parcel of land
was in the name of different corporations
registered by Toronto lawyers, which Met
the stipulations of the Farm Ownership Act,
Toronto Lawyers
, "The CPR is bad,, but equally bad are_':
, Toronto lawyerS," the minister said joking-
ly.
By the end of 1975, the Saskatchewan'
Wheat Peel, the Saskatchewan Association
of .Rnral Municipalities, the. Uniied Grain
Growers and the National Farmers, Union
and Federation of Agriculture were all in
agreement, "soniething had to be done."
In the 'winter session of the legislature in
1977/78, legislation was approved retroac:.
tively to September of that year to limit the
ownership of farm land by non-residents or
by non-agriculture corporations to. one
quarter section.
' But even the new legislation failed to
curtail, non-resident ownership. Mr. Mac-
' MUrchy said buyers, and investors were
willing to live with the new restrictions; "it
just took more names," As well; young
farmers were trying, to compete with 'non-
resident buyers who could offer higher
prices for farm land which meant "the young
farmer was squeezed, from the market."
Soon organizations in the province started
calling for zero non-residency ownership et-
land.
machinery dealership, because he doesn't ftt
the definition of an agricultural corporation
whose shares are owned. by resident
farmers, itMaclvlurchy told the andience,
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We would rather not count all our irientOry,-so you can
count on real savings during our first pre- inventory sale.
All Ceramic Supplies, Beehive Yarns Macrame Needs And
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Wednesday, October 29 Til Saturday, November 1, 1980
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Ctra
$400"an acre in -a period When $150. an acre
was the going price for land, The land was
also sold with a lease-back proVision, "an
offer that was tee gpod to refuse,"
He told the over 300 guests at the banquet
"We felt it, would be almost impossible to..
• go to zero acres for either non-residents or
non-agricultural corporations, because then
one could be in a situation where the local
service station could not buy an acre of land 900
YARNS
=zeehty“atkiiaarit:
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DISCONTINUED COLOURS OF
Astra - Reg. $1.25 - Now $1.00
Sayelle Reg. $1.10 -'Now 954