The Lucknow Sentinel, 1998-03-18, Page 68go ••"A:..•Faucnt ga
1
. 1.1 R 4ntia4a a rgr} ars t4tirmotre ctiSlitY.0 4404 4041eblle 4.9% ywc
Pt4,0.n 1c+a4,l 14404,4 icl*v..14*(03ga0t. ,0.010cmi0 coa
MOW*,hR+
Y%4 %4dggWlkkgftyaurf,timiP4>Iskot,Fet:cgt14: tvi F
4P414,44401Y kp(q*u9t* 1QQuk.tet PoR9,Qava(1a"
C0t04tY 14 ae.OgQlalt rtaw.hKs 01 r'I ve*9ltaltP41)1Ulft anlne► fs;..
li tnal4Wn suar?r Plow 3.5W4Q:NU** Pik Qukatran. rr smiasliMrdraulla
* Fiu14, Qu !lykit' Q4,.Atite ratla'tro 4 il.oion Rukt,11$0tatry HVIS ahE4
Frau+4fa+rl ZOea9e; •
11101010104*.
k ttbxieent . yosio.
,444 M !4000.tw.gxw..canpy ".
1:
1
Nosh S,.4.
WINGHAM
i
Waiwwrtcln
9457
;9.881.
vi sirdent of
tb�: agtrii u1tw a div-
sion for etre Qf
Caatadla"s largest banks.
joined at group of Mitchell.
area farmers for lunch Feb;
II at the
Crosswinds
restore*,
Craig
1.Qthw 11,
with the
Canadian
IritPe:rit1
L3ank of
Centroerre
(CWC),
the.. group;
"We (the
bank) think
there is
bright future
for Cnotniiint'..
farmers and':Orilla',
you cutr look
for support front us, '
I.othwell told the 14
farmers: in attendance that
CSG • h'
450 . rung
.brands.'across. Canada:
and the Mitchell'• branch,..
managed by Qat* Dttwyit,:
is, in tht top five. wiCii
regard. to the . amQutit.: of
.Money on loan, for farina
enterprises. He said this
area. of Qntario is very
important to CWC. noting:
its Listowel branch is the
uutnbet'Qnc•rtirral brach ins
Cama
Rothwell, who has been
with Mc- ' sinee..1961..
said the bank, is aware
fail iers often don't get the'
typo of return they deserve
basest on their investini nt
SW take that into consider,
mien When evaluating
business glans.
Underscoring his eozn-
met: he cited figures
showing that, in Ontario,
• farmers net
income from
billion • in
sales amount-
ed t a' 5
n illiotx.
N o t
Much after
itrvestttient,""
s i cl
Rsothwell,
!Yespi:t
the, low return
he said MC'
values its
agri-c ul twral
customers,
"From
t14` per.
speetive you. do a god jot
of risk manage Tient.""..
Nevertheless; he said.
farnas now QQ400eteFin a
global market and events
out Of their. control:, can
influence their -operations;
He said, for example, that
instability in Quebec
Would directly impact on
Canadian farmers be cruse.
nternational investors,'
move; theirdollars to more
stable countries,Sitiritlarrl ,.
the present erisis tn'haq is
potentially very dangerous
**se in times Of ;utiteSt
peapl ; tend: to rush.. to buy.
!. dollars;
Despite the;f>ct the U.S.
R1rwelh
economy is .very. strong,
Rothweii rased the
Canadian interest rates
were slightly lower than.
sotattx of the brirder,
tithwell, who ttad
toured the area by t;ar with
other CIAC uftic;ials, said
he was pleased to see
miry new hog barns. itr .the
are;.a„ ovidunt,e of the
.worldwide increase in
demand. for pork, He diS-
missed thoughts drat the
current softness in the
Canadian 112g. industry
would be bong 'terra:, He.
said countries suVit
Korea. and Thailand . and
Gathers in the far east
where much . of their
increased demand for pork-'•
has been Corning, have had
their eurretwies devalued,
'W some c se tru lea.$ tkws
.50 pert crit of the 11.S, dotty
lair,
Revaluation in. foreign,
Cwrretc,tes has Qui` bank:
import$ in other industries
as well., said Rothwell, not.
ing the -forest Industry in
- C.' is also expesienoing. a '
slowdown in extras to the
-Far last',
Tar the brig :te►•rrr, he
said, population growth in.
hart area, of. the world will'
continue td: increase and:•
with itdemand; for pork. h;•,
demand Oanadianfanners
can. nneer. •
",Generally speaktitg,,
said Rothwell;.;"`agriculture
is doing; quite Weil."
Revolutionizing;then:, luitdding/Moving industry with,
SPACE AGE TECHNOLOGY
re Building, or. Renovating, consider Raising. your ' otuse tc gain; Y.
additional ba ement spate
t?t yodr ho an aha h'andq qt the expert .°
Galtfar rriore`irit rl tfior