HomeMy WebLinkAboutThe Citizen, 1993-11-24, Page 14Scrimgeour's
Food Market
Blyth 523-4551
Carol's Candies &
Collectables
Blyth 523-4700
Dressing Room
Only
Blyth 523-4944
Radford Auto, Farm
& Industrial Parts
Blyth 523-9681
Blyth
Printing Inc.
Blyth 523-9211
LOADED
WITH QUALITY
FEATURES
THE SMART CHOICE FOR
MANY HOMEOWNERS
The Ruud Deluxe Drum 90 PLUS line
of high-efficiency natural gas or
propane furnaces are loaded with
fuel-stretching features — which can
help drive your utility bills down,
winter after winter.
The line includes six models of
upflow and downflow furnaces with
BTU/HR input ratings ranging from
45,000 to 120,000. The entire line
delivers Annual Fuel Utilization
Efficiency ratings of 90% or more.
— Ask your dealer for more Information.
We can make all the arrangements with your
local propane and natural gas suppliers.
RFRRMANCE Tom Duizer
RUUD Plumbing & Heating
County Rd 15 across from Hullett Twp. Office
523-4359 or 482-5267 ,ttk'f Sr lire _40
Province-wide sales of AgGICs application availability will depend
cannot exceed $50 million. Loan on the sale of AgGICs.
Art's
Auto Repair
Blyth 523-4800
The
Old Mill
Blyth 523-4595
The Green
Gallery
Blyth 523-4944
Blyth Construction
Dwight Chalmers
Blyth 523-4766
Remember When
Antiques & Gifts
170 DInsley St.
Blyth 523.9554
•
Wilson's Health &
Gift Centre
Blyth 523-4440
Blyth
Apothecary
Blyth 523-4210
Webster's Clothing
& Footwear
Blyth 523-9709
Bainton's
Old Mill Ltd
Blyth 523-4740
tyRoBnrua
mart V 3 I IF c..F 44 Ontario St
Clinton 482-7771
Tours
NAME
ADDRESS
PHONE
Conditions: Travel must b. completed between January 5 - June 5/94. Not
valid now holidays. Cannot be confirmed until 10 days prior to departure dale.
L
The
Blyth Inn
Blyth 523-9381
Christmas & Country
Flowers & Gifts
Blyth 523-4820
Elliott Insurance
Brokers Ltd.
Blyth 523-4251/523-4481
Blyth
Festival
Blyth 523-9300
Chauncey's
Hairstyling
Blyth 523-9722
THE CITIZEN, WEDNESDAY, NOVEMBER 24, 1993. PAGE 15.
OMAF has new agricultural investment strategy
Ontario's farmers and rural
residents will benefit from the
Rural Loan Pool Program, which
will improve farmers' access to
credit and encourage rural residents
to invest in their own communities,
Agriculture and Food Minister
Elmer Buchanan announced
yesterday at the Ontario Federation
of Agriculture's annual convention.
"By providing long-term, flexible
credit with reasonable rates, the
Rural Loan Pool Program will help
give farm and rural communities
the financial stability they need to
build their own strong communi-
ties," said Mr. Buchanan.
Huron County MPP Paul Klopp,
chair of the Rural Loan Working
Group said, "The group made
valuable contributions to the
creation and development of this
innovative program. It's important
that the dollars generated by rural
residents will be recycled into their
own communities, enhancing job
and business opportunities for
farmers and other rural residents."
Under the Rural Loan Pool
Program, rural Ontario residents
will be able to invest savings in
Agricultural Guaranteed Invest-
ment Certificates (AgGICs), which
will be eligible for RRSP
Paul Klopp, MPP for Huron and
parliamentary assistant to Elmer
Buchanan, minister of agriculture
and food announced Nov. 19 plans
for the implementation of field and
horticultural crops research in the
western Ontario area. This research
will be conducted mainly at the
Huron Research Station located in
Stephen Township, but testing will
also be carried out at a number of
off-station sites in the region.
Responsibility for the research is
currently held by Centralia College
of Agricultural Technology but will
be transferred to Ridgetown
College following the closure of
Centralia College in May, 1994.
"Research activity at the Huron
Research Station will build upon
the programs developed by the
Centralia College", Klopp said.
"The consolidation of the programs
under one college will also help
researchers at Ridgetown carry out
this program in both southwestern
and western Ontario.
Variety evaluation and
management studies will continue
for white beans, corn, soybeans,
rutabagas and other important field
crops in the area, as well as for
processing vegetables including
sweet corn and peas. Water quality
management studies initiated at
Centralia College will also be
continued, but with sites in both the
southwestern and western regions.
Weed management studies will
continue at the Huron site and will
feature expanded crop insect and
disease studies in this area.
Tentative plans also have been
developed for an expansion of
other field crop management
studies that will initially focus on
conservation and zero tillage
systems for the production of white
beans. A number of white bean and
soybean varieties will be evaluated
under these systems.
The possibility of transferring the
variety testing programs in spring
cereals and forages from
classification. The money from the
sale of AgGICs will be "pooled" by
the eligible financial institutions -
participating credit unions and
caisses populaires. Those pooled
funds will be used within the
community to make loans to
farmers and other rural residents
for agricultural or agriculture-
related financing.
Loans and mortgages to a
maximum of $500,000 will be
offered at reasonable rates to: cover
capital costs associated with on-
farm value-added ventures; cover
capital costs associated with off-
farm, farm-related, value-added
ventures in rural Ontario; buy
moveable farm machinery and
equipment; consolidate farm debt;
purchase farm real estate; and
construct or improve farm
buildings or land.
The Rural Loan Pool Program is
the final component of OMAF's
Agricultural Investment Strategy,
which offers Ontario farmers the
stability of long-term tools for farm
financial arrangements. "Helping
farm and rural communities create
jobs by helping them grow stronger
and more diversified as a key goal
of the Agricultural Investment
Strategy," said Mr. Buchanan. The
Ridgetown to the Huron location,
which is closer to the main growing
areas for these crops in western
Ontario, is also being examined.
These plans will have to be
approved by the relevant industry
committees which make research
priority recommendations to
OMAF.
"We are pleased with the support
provided by our industry partners
in developing the priorities for
research," said Mr. Klopp.
"Producer organizations and
agribusinesses have generously
supported the programs at Centralia
in the past, and they have
committed to continuing this
support in the future. We look
forward to working closely with
them so that our programs may
reflect industry research priorities."
One professional and two
technical staff members have
accepted transfers from Centralia
College to Ridgetown College staff
and will be located at the Huron
Research Station. Ken Stevenson, a
manager at Ridgetown has been
reassigned to develop and manage
the programs at the Huron Station
on a full-time basis.
In addition, it is expected that at
least two seasonal staff and several
summer students will also be
employed to deliver these
programs. The efforts of these staff
located at the Huron Station will be
supplemented by professional and
technical staff from the Ridgetown
station as required. A total annual
budget of approximately $400,000
will be spent on programs operated
from the Huron Research Station.
Mr. Klopp noted that OMAF has
also initiated consultation with
farm organizations representing the
livestock sectors and the veterinary
community to review the needs of
the industry from a diagnostic and
epidemiology perspective.
"I am committed to ensuring the
continuation of diagnostic
veterinary services in Huron
strategy's first component, the
Commodity Loan Program,
introduced in June 1992, has
already provided more than $45
million in loans to Ontario farmers.
Other components introduced
include the Education and
Expertise Program and the Private
Mortgage Guarantee Program.
Negotiations for administration
of the program are underway with
participating credit unions and
caisses populaires (CUs/CPs).
Advice from local decision
committees will help make
community input an important
element in the loan decision-
making process.
The program was developed in
consultation with a Rural Loan
Working Group which included
members from a number of Ontario
farm organizations.
To help borrowers get the credit
they need for new agriculture-
related business and value-added
ventures, OMAF is providing a
partial guarantee on loans and
mortgages qualifying for the
program.
AgGICs are expected to be
available for sale through
participating credit unions and
caisses populaires in mid-January.
recognizing the importance of the
livestock industry to this area," said
Mr. Klopp.
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CHRISTMAS IN BLYTH
sun, sand, casinos, night life, and
lots of entertainment
WIN A TRIP FOR TWO TO LAS VEGAS
• iiilr•Y• i„4•11, • • • • • • • • ‘' • • • ••••-y•To• ArtimpeAvdrogyrw• • • • • • • • • • • • • 0,reirryvr• • • • 0$ ao, • • erirelril•P' • • • • •
Q r3.+ WIN A TRIP FOR TWO TO LAS VEGAS
Simply fill In the coupon end drop It ott at any participating merchant
when you make a purchase of $20 or more.
including • Round trip for two (3 or 4 nights)
• DetroiVLas Vegas/Detroit ATA Charter
• 3 or 4 nights accommodation at the Imperial Palace
• Round Trip transfers between airport and hotel
Draw to be held Dec. 24, 3 p.m. at Blyth Inn Lobby
Participating Merchants:
Trip arranged through Robert Q s travel mart & Key Tours Inc.
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