HomeMy WebLinkAboutClinton News-Record, 1977-10-27, Page 25t4
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Jack's Jottings.......
continued from page 4A
had deliberately over-
estimated anticipated
revenues. However, in
September - less than half
way through the financial
year, he admitted that his
revenue projections had been
over-estimated by some $309
million.
.In response to •a question
from David Peterson, the
Treasurer stated that Ontario
does not make its own
forecasts of income tax
collected on its behalf by the
federal government. Earlier
he had announced a reduction
of $350 million in this revenue,
which would contribute
significantly to the provincial
debt.
The Minister of Labour has
announced that asbestos will
now be included in the list of
dangerous substances to be
se
strictlyegulated by the
government under a new
occupational health and
safety bill. The list will also
include such physical agents
as compressed air, noise and
non -ionizing radiation, as
well as mercury, lead, vinyl
chloride, benzene,
isocyanates and pen-
tochlorophenol. Radon will
not be included, because the
federal rgvdlrnment has sole
jurisdiction over radiation
hazards associated with
uranium under the Atomic
Energy Act.
Plans for a program to
make available .up to $100 -
million in low interest loans
for home insulation, and
weather -proofing have been
abandoned by the Ontario
Government. In this con-
nection, Liberal Energy
Critic Julian Reed has ac-
cused the government of
flying directly in the face of
its own financial restraint
policies by scrapping the
program, because there is
conclusive proof that it is
infinitely cheaper to lend
money for home insulation
than to capitalize new
generating capacity to meet
excessive demands. A
number of U.S. utilities have
themselves made loans to
customers for home in-
sulation -because this is more
CLINTON NEWS -RECORD, THURSDAY. OCTOBER 27, 1977—PAGE 5A
profitable tha.n building
additional generators.
Robert Nixon, Liberal MPP
for Brant-Oxford..Norfolk has
placed a resolution on the
Order Paper calling for the
government to use some of
the revenue from lotteries to
set up a fund for emergency
relief for communities or
individuals who have suffered
heavy expenditures due to
natural disasters. He
proposed that many__
payments under such a
Wintario did program could
.be in the form of no -interest
loans.
Legislation designed to
assist the small business
sector in Ontario has been
approved in principle by the
Legislature. The Private
Member's Bill, tablecL by
John Eakins, Liberal MPP
(Victoria-Haliburton), will
now advance to clause -by -
clause copsideration. It is
designed to ensure that the
Government aid, counsel,
assist and protect, insofar as
possible, the interests of
small business. Establish-
ment of a target of 40 per cent
of total government pur-
chases, contracts or sub-
contracts for goods, services
and real property, is
recommended.-'
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