HomeMy WebLinkAboutClinton News-Record, 1978-02-09, Page 13-.a
By Jack Riddell, Huron MIT
As you are aware, the
Liberal Party has on a
number of occasions ex-
pressed concern about the
viability of the small business
sector of Ontario's economy.
We published a policy paper
on the subject, "New
Directions for Small
Business" in April of last
year, and John Eakins, the
®Liberal MPP for Victoria-
Haliburton, tabled a Private
Member's Bill which
proposed a Small Business
Act.
On January 4 of this year,
the Canadian Federation of
Independent Business sub-
mitted its Annual Budget
Presentation to the Gover-
nment of Ontario, excerpts
from which you will probably
find very interesting,
although it begins with a
somewhat depressing
forecast for the New Year -
"1978 promises to be another
-year of disappointments for
Ontario's businesses,
workers and consumers. Slow
real growth, continuing in-
flation and higher unem-
ployment are some of the
unpleasant prospects facing
the province."
The Presentation main-
tains that Ontario's economic
fortunes, always determined
by international trade con-
ditions,will be particularly
vulnerable in the face of
ambitious industrialization
programs undertaken by
Third World nations. Our
national reliance on multi-
national branch plants in-
creases this vulnerability,
because multi -nationals, in
order to maintain production
and employment levels in
their home countries, can be
expected to slash productions
and employment in their
Canadian branch plants.
Subsequently,. the
Federation, while
recognizing that high
unemployment represents a
serious waste of resources
and a cause of much personal
hardship and tragedy, states
"The temptation to cure
unemployment through the
time-honored means of •
massive spending and
equally . substantial general
tax reductions is strong.
However, the existence of
unemployment must not be
allowed to force us into
policies which would have an
adverse effect on the rate of
inflation and our balance of
payments position."
The Federation recom-
mends a reduction in the
Ontario retail sales tax, as a
means of encouraging
greater consumer spending,
generating employment and
reducing the cost of living. It
specifically recommends a
temporary two percentage
point reduction, from 7
percent to 5 percent.
Also recommended by the
Federation is an
Employment Tax Credit
Program, to provide a partial
rebate to employers for
additional wages incurred by
increasing employment, and
implementation of a system
of Free Trade Zones. Such a
•
•
system is already in effect in
depressed regions in the
U.S.A. Firms located in those
areas are not required to pay
import duties on components
that will be used in export -
oriented products. Other tax
concessions are made to
companies locating in these
areas, and in addition the
firms receive low-interest
capital investment loans and
subsidized serviced land.
Implementation of such a
system would encourage new
industry to locate in
depressed areas.
The Federation strongly
recommends the im-
plementation of Small
Business legislation to
protect and assist in the
development of small and
medium sized enterprises,
which are independently
owned and operated and not
dominant in their field.
A U.S. Act similar to that
proposed by John Eakins
(which passed first and
second reading in the
Legislature) has been in
effect in the States for more
than a quarter of a century.
Its results are, the Federation
states, multi -fold, including:
significant expenditure
savings for the American
people (numerous federally -
funded studies have shown
that the stronger position of
small businesses in gover-
nment services has helped to
reduce the cost of govern-
ment), a more balanced
economy which is less
vulnerable to shifts in
economic currents, and
exclusion of many foreign -
controlled firms which would
otherwise be participating in
federally -awarded contracts.
.As proposed, an Ontario
Small Business Act would
simultaneously be a strong
stimulus for Canadian -owned
small and medium-sized
enterprises and a non-irritant
in international trade, in the
opinion of the Federation,
because the U.S. could hardly
object if we erected a self
protective measure which
duplicates one of their own.
The Federation urges the
Government to reintroduce
the Small Btsirtess.Act at;the
earliest possible opportunity,
asserting that to delay is to
leave Ontario uncomfortably
vulnerable to the whims of
international fortunes.
Speaking of long-term
problems, the Federation
observes that Ontario - like
the rest of Canada - is caught
up in a series of fundamental
changes in economic con-
ditions, citing the change
from an era of abundant, low-
cost energy and its effects on
our way of life, and the
complications caused by
Quebec's "push for in-
depe'ndence".
In the words of the
Federation, "the future will
be completely unlike the past.
Therefore, it would seem only
logical that the only feasible
solutions to our modern
problems must be equally
modern and divorced from
the old style approaches of
the past."
Selling Your House....
Are you selling a
"Brand Name"?
Most people are sold on the value of brand names. They're
bombarded with hundreds of nationally known brand names
every day on radio, TV, and in the newspapers. When you go
to shop, don't you sometimes look for reliable brand names,
equating a known brand with quality and value?
Names mean something in real estate, too. No one Is likely to
come into our office for the first time asking to see the
"Smith house" -- but they'll be delighted when they
recognize certain brand names on appliances, fixtures, and
construction details when we take them to visit the Smith
house.
For service and reliability when selling your house, list with a
well-known name in our community...
c
1►�
List
Your Property
with
Bob
Storey
482-7440
SALESMAN FOR
K. REALTY
INC.
14 ISAAC ST., CLINTON
Clinton Mustang defenceman John Graham of Bayfield
is helped off the ice by fellow players after he hurt his
knee In last Wednesday's loss to Listowel. Graham is
expected to play again this year. (News -Record photo)
SCHNEIDERS
BROKEN SLICES
COOKED NAM
REGULAR OR
MAPLE FLAVOUR
c
SCHNEIDERS
SLICED COOKED
CORNED BEEF
BOILING
BAG
NAM STEAK PKG $1.39 SIDE BACON $ .GROUND BEEF
c
CLINTON NEWS -RECORD, THURSDAY, FEBRUARY 9,1978,-.-PAGE13
McKinley's report from Ottawa
By R.E. McKinley, M.P.
The members of the House
of Commons returned to
Ottawa this past week in what
many people are reporting
will be the last session before
an election.
It is difficult for me to
believe that Mr. Trudeau
would call an election amid
the trials and turmoils that
are evident in Canaria at the
present time. Certainly if he
endeavoured to fight an
election on his government's
record during,the last few
years he wold not have
much ground on which to
stand.
An extension of The Bank
Act passed second reading
this week in the House of
Commons. The Bank Act is
supposed to come up for new
amendments every ten years
and this should have been
done last year, but the
government did not get
around to it and they simply
have asked for The Bank Act
as was last reviewed 11 years
ago to be extended until
March 31st of 1979.
I am sure we are all aware
that there are significant
changes necessary in The
Bank Act to assist in the.
financing of small business
and agriculture to provide the
type of stimulas needed to get
things moving again in the
country.
On the order paper for this
session for debate is Bill C 6
an act respecting Canadian
ports. The minister of
transport; Mr. Lang, says the
introduction of Bill -C 6 in the
House of Commons on
October 24, 1977 has
generated keen interest in the
development of a new port
system in Canada.
The re -organization of the
ports will form an integral
part of the national tran-
sportation policy, and will
emphasize planning and
consultation by local port
management. The proposed
act will, for the first time,
unify Canada's port system
under one piece of legislation.
He also says that we have
developed into a
sophisticated trading nation
whose port facilities have
changed tremendously in the
past two decades. For
example, radical shifts in
shipping patterns and
enormous changes in ship-
ping technology have all had
to be accommodated over a
short period of time and the
people in port communities
have begun to express a
greater than ever interest in
their port.
We've made considerable
changes and much progress
in the past, and we're proud
of it. Our people have worked
with skill, enthusiasm and
efficiency and- their efforts
should ease the transition
from the old way to the new.
He 'says ' while the new
policy will enable the ports
system to meet the
challenges of the future by
allowing us to better coor-
dinate port development, I
think the most satisfying
aspect of the policy is its
emphasis on built-in
autonomy for ports.
He says we've produced a
reasonable policy and one
that I think is sound, practical
and fair.
However, many of our
waterfront m unicipalities,
especially in Ontario, have,
asked that the act not be -
passed until all
municipalities who wish to,
have the opportunity of
presenting a submission to
the minister or more im-
portantly to the standing
committee on transport
where this bill will be sent for
indepth study. There is much
concern among the water-
front municipalities that
some of their jurisdiction will
be usurped into the federal
department under the
minister of transport.
I have made submission to
,the minister supporting the
request of the waterfront
municipalities to be allowed
to present their case.
Other controversy around
here has to do with the an-
nouncement of the Sun Life
Assurance Companies move
from Montreal to Toronto. It
seems a little bit amusing if it
were not such a serious
matter. We have Mr.
Chretien, the minister of
finance and Mr. Trudeau the
Turn to page 15 •
There's more
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SPECIAL PRICES IN EFFECT FROM WED. 9 A.M. TILL CLOSING TUES FEB 14 WE
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FOR
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APPLES
JUICY, SWEET8
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BAGb. 1
3 3b. BAG
PRODUCE OF ONTARIO
FRESH
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FLAVOURFUL
ANO
NUTRITIOUS
lb.
98c
PROD. OF U.S. CURLY CRISP
SPINACH 10Oz. PKGS _2p.990
ONTARIO NO 1 MILD
EKING ONIONS 2Ib.
290
PROD. OF MEX. NO: 1 GRADE
CUCUMBERS i°596
PROD. OF MEX NO 1 GRADE SWEET
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43 oz. CUPS
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93'
1 Ib. JAR
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GOLD SEAL
PINK SALMON 7 75 oz 88c
FACIAL TISSUES 4 SCOTTIES 200'g COLOURS 58
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POTATO CHIPS 250 .69c
4 COLOUR CHOICES
SCOTTOWELS
CUTRITE REFILLS
WAX PAPER _
2 roll_$1.09
1 00 It 59c
SCOTTY.WHITE. RAINBOW OR DECORATED
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MOUTHWASH -BONUS PACK
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SCHNEIDERS PROCESSED
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59
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TISSUE
89
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REG. 011 MINT TOOTHPASTE
CREST150 ml. TUBE 949
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CROWN BRAND
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SALADA ORANGE PEKOE
TEA BAGS 120's 3.89
INSTANT FRIED -6 VARIETIES
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DIETRICHS HOME MADE STYLE
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VALUPLUS SLICED
WHITE BREAD 24 oz 35c
BEEF, CHICKEN
PORK OR STEAK
SCHNEIDERS
FEAT PIES
9
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500 g.
McCAIN FRENCH FRIES
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MARBLE OR HAVARTI
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PARKAY - SOFT TUB
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NORDICA-2%
COTTAGE CHEESE TU B 83c
NEILSONSCi AM NOVELTY
BU 1i'cALMOND
WITTICHSFRESH
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12
PAx1.29
K
LARGE 59c
SIZE
KENT
FROZEN CONCENTRATED
ORANGE
JUICE
ZEHRS
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79'
X12 1/2 oz TIN 5
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