Loading...
HomeMy WebLinkAboutThe Goderich Signal-Star, 1971-10-21, Page 23• fI Bob McKinley; MP for Huron,. being *Huron County's merrtber of resulted from the fact that when federal ` paliliament Robert E. chicken broilers were- put on -McKinley, Progressivle, quotas in - Quebec marry , Conservative, is making himself buildings which were easily heard in the House of Commons, adaptable to raisingrturkeys were these days. , switched Over and there was an • The following are excerpts increase„ -in:, turkey production. from recent routine proceedings, We nqw understand that some of , during the- House of Commons the provinces have got together debates: - in an endeavour to control their .Octobitc, prcrchtetion• to-- some :extent -to- Mx.-R. E. `McKinley (Huron); assist in achieving a better price. Mr. Speaker, my question bis for • The United States surcharge - the Minister of 'Transport. 1 has created a tremendous. understand there is another • hardship for turkey producers survey gain l on in his because the price dropped two department with a vie*, to cents per pound on its ascertaining what facilities might inipleinentation. In addition, the be needed for a new combined ,surcharge is .causing the loss of . air services train'lg school. Is is many jobs in this country. the intern to use existing Canadian hatcheries that facilities Kr this school or are produced turkey poults in new facilities to be constructed? Canada are finding they cannot I have in mind the facilities at sell in the United States because' the Canadian Forces Base at, sof the 'increase from two cents to four cents in. the duty on �i • with the Minister of National Defence to ascertain whether it would be feasible for'us to use a portion of it as art° air traffic control school or some related activity. I regret to advise the -hon, member and the House that we have concluded it is not a suitable. site' and we shall • be looking elsewhere. Mr. McKinley.-Ma-y.I..ask_the Minister . of National ._D.e'fence whether °he intends to convene a meeting among other levels of government as requested by. Huron County .to discuss the future of this facility? • Hon. Donald' S. Macdonald (Minister of National Defence): I would .be quite prepared to hold • additional meetings on this subject as they may, be arranged with responsible elected bodies, October 12 - -"` Mrs' R. E. McKinley (Huron):, Mr. Speaker, having regard to the statement just made by the • Minister of Agriculture (Mr. Olson) •1 am aware that the Ontario Turkey • Federation . made representations to. • the minister and the. board as early as late Augu`st or .early in Septerhber. I have also ' made Strong -..representations to , the, . minister'and the chairman of the Agriculture Products Board in this"regard. . We all know that at this time turkey prices -are the lowest they have been for 25 years. Thi's has,: Clinton. Hon. Donald C. Jamieson (Minister of Transport): Yes, Mr. Speaker, ..and thanks to the representations the hon, member has made on innumerable occasions in this regard I have - had the most exhaustive study made of the Clinton base along ire ! 1 turkey poults. Production of turkey'poults by Canadian firms in the United States is increasing and Canadian workers are being laid off. I am sure we are all -thankful. for the little bit of assistance the minister has announced today. I realize th,he producers asked '.�yauSv,, uAWv.�v.,vd d��v,'s.� i ,o., 'that some' 8-, mrllron to 10 million-' pounds of turkeys be pu,rch,ased o for the world food "-program. The minister has not' said how much will be purchased for this- purpose, but 1 do not -think, the amount will be anything `"'fi'Ite"u'--"what-" was requested, I am sorry to say.' I certainly hope that ,what has beep .decided mill ,be •helpful. at ' the ,present,tirne and that further action will be taken when necessary: We will expect the government to keep a watchful eye on the situation and take further action in this regard when necessary. ^' 'Also October 12 - Mr. R. E. McKinley (Huron): Mr. Speaker, can the minister. the tell the House whether deficiency payment for the past year will be made on eggs? I understand---that---the--assessment period ended at the 'end of Septertnber. Hon. H. A, Olson (Minister of Agriculture): I will look into ,that to see .whether the price • falls b_ elow the moving average and 1 will report to the House ^tomorrow.. . Also October 12 - _ , (Because of the length of Mr. McKinley's speech concerning the Controversial Income Tax Act, only his remarks, involving , the Canadian farmer will ' 'be published here). Piedge $250 Nile U:C,W: meeting was held at ,the home of Mrs. 'W. H. Talmay with 12 present. Mrs..Elwin Pollock welcomed everyone and thanked the , hostess for hel`'h'rsspitatrty. Mrs. ,Chas. Johnston and Mrs, Jack Clement fed in _devotions which included readings and scripture with the Thanksgiving theme: , Mrs. Pollock conducted the business part of the\ meeting. This included the roll call,, 'secretary's ' report by Mrs: Alvin •! Kerr and correspondence. Thank you notes were , received from ' The McClenaghan Family, Mrs. 4i Pearl Watson and Mrs: Ross McNee. . It was decided to give $250 .--to-the--Church- hunch- Board ;, - The Bible Society Canvass is ,in progress and the Community 1 to board is asked to be as' generous as possible. Plans were made for the joint meeting with Dungannon U.C.W. There will be' a pot -luck luncheon at 1 p,m, and Miss Beatrice Campbell of Goderich will show slides taken on her world tour, especially mission stations: ' All ladies • of the congregations are urged to attend this meeting. "Some parts of the legislation particularly concern me and 1 should like to turn to these now. One . concern is how ° the legislation Will affect farmers. 1 should like to give hon. members' a rundown on the hardships farmers will suffer under the legislation, , Farmers and fishermen will still be able.' to compute. their 'ineome-ons r.< basis, as they always have. They will still be entitled to use the averaging basis for computing. ,income, which means they can average their income over any five-year -period that they may choose.. • ,K "Under the former law a farmer could classify his cattle as ,a basic herd. Any gains or losses would be treated as a capital gain or 'a capital loss and such. gains would be exempt from tax. Under - the present bill' the basic herd -arpd straight line depreciation provisions will " be eliminated and livestock farmers will have ui t.il Decelnber 31 this year to establish their basic herd. Following that, any gain on the basic herd will- be tax free -but no new additions to the•herd will be allowed. -• In addition, assets acquired after December 31 M�rnust be depreciated in accordance with the diminishing balance system 'lf proceeds from the sale of assets depreciated on a straight line basis exceed their valuation, then the amount of the excess is regarded as a capital gain. "I Chink this will be the greatest..'hardship..the. faxming ,eorthnunity yiltsuffer.under.the,'; . new legislation. At the present time a farmer can purchase a combine or a tractor, and since it has a motor it is depreciated at the rate of 20 per cent. Therefore, in five yearsthis-- machinery would -haveen ,completely depreciated: At The same time, it -would retain some commercial value and could be traded' i or • yv._.ma. flines._In-..- turn, this would mean another farmer who could not afford a new machine could buy a , used one. This was regarded as a capital gain. and the farmer- did not have to pay tax on the amount he realized on the machine. • "Under the provisions of -the new ligislation the proceeds of sale will be taxed as a capital' gain, and as 'I understand the situation the farmers Will be very reluctant to trade in any machine for a new one if it still has some commercial value. This will mean that ' the machinery manufacturing companies will _ .los e ; business. ..and-.. the. employees will suffer. In addision, more farmers will look to "custom co'mbrninginstead of purchasing their own machines. I believe this will be one of the major hardships ' suffered by farmers under the legislation. "Other capital gains will also be subject to tax. Hobby farmers will be able to deduct only $5,000 of any loss incurred. In this regard 1 wjsh to. raise a grievance with the Minister of Finance (Mr. Benson}, or, more particularly, with the, Minister of National Revenue (Mr. Gray). Some tax offices want to be, Mrs. Russell Brindley was assured in black and white that asked :to arrange flowers for 'losses claimed by farmers for °Anniversary,Sunday, Oct. 17. income tax purposes...did..occur Arrangements were discussed in anticipation' of their makiti-g"a"-'• re catering for, -,a, weddi.ng.,.in-„,tt,gain:.. It - is ' sometimes ,quite church November 6. difficult for the farmers to do The meeting closed with this anda of the income tax prier by Rev. C. McClenaghan 'offices, part' larly the one in Lunch was served by Mrs. . Kitchener, ha been very -'••Le'tt'- hYrst'rlaW arrcl---lvhs: `Dong.�.�'drfficult 711 tb'f5 --regard..--- Even Young and a social hour' wh r1 reasonable proof has ,been enjoyed. ' - 'fufrfrshed,`'f he,t ttitude of these SEE OUR COMPLETE SELECTION OF' , . AS WAR -M, AS SINCERE, AND AS FRIENDLY AS A HANDSHAKE "MMMh lwll� IMn i F �n ri.� i. � n iM Mr^I.I^IAIMMn i,.. Frye c:oDericq SIGNAL - STAR ��;.., . ''S"nyP' , ".:...v;'y. .'+bR." ''1''yY,� �7•i,1 l%Y'1q"' '-r,,".s .4 • A+,, SEE THE LItip A pq,�� ERICH p/. uV»ERICH SIGNAL $ AR, 4'HU, ,4DAtF 0 t', -L -0 .,..<.. offices has causes farmers' white paper they were to be had suffered a loss of $50,000. tremendous hardship. The allowed $1,000. This simply tn•all fairmess he should not pay offices say the tax will elven means that a lot of people would any. tax because he is hp further back when the farmers actually be doing a great deal of ahead. He has paid the capital Show, a profit as -.anticipated, 'book-keeping for nothing.' gains tax and has suffered a This represents a considerable -"Since the white paper and non-taxable $50,000 loss, hardship for those involved. the presentation of this therefore he ends up even. "In a general way, any legislation, that t ..•diHdrt bas _ . _ __ - Another farmer vlrlth` tie same advantages to farmers in respect been wiped out for home experience but in the reverse of income tax will be wiped out . owners It •'has been left in order haviirg.-sufferer1140 9tj-µ under this, reform; and we all' _ -respect of the farmer, who can capital loss and later made a know that the agricultural have a gpin of $1,000 on his. $50,000 capital gain. would .not industry is hot tremendously house,- a barn and an acre or so pay any • tax because the prosperous. It is an industry of land, free of capital gain's tax, legislation provides . that 'a' loss which under this government, is but pay capital gains tax on the can be carriedforward engaged in providing cheap food rest of the farm: A great many, indefinitely. 'Tris -does -mat -seem' for the rest .of the country. I do farmers have more--'than-•'-on'e to be an equitable situation and not believe that is a proper house and a barn, but the the' legislation should lie revised activity in which farmers should" legislation states that only the to provide the same treatment in be engaged.Whey should be ' house the farmer lives in, one both cases. entitled to as much income as barn and' a few acres_,may be ; "My information 'IS that one people who belong to unions exempt from capital gains tax. of otir large wheat pons is and will not work Tor less than The change I" SUggest is that all among the few • organizations $5 per hour. • ' the buildings on the farm, which has supported • this tax "Valuation day will prove to whether they..be.-c ;ne, or two sets reform on the' assumption that be another difficult time for of buildings, four, five or 20 sets because farmers represent a .farmers. I 'am not sure I'can be of buildings, should be exempt low-income group ' ith higher in favour of a capital gains'tax in from,,eapital gains tax. ,t exemptions , many hers will -view of, the situation in which "An article in the Globe and not pay' tax. This is a very we find ourselves in this Mail of July. 1 suggested that a . foolish way to'' judge the country., This is a young country farmer whose children,. did not legislation. We should be making which required growth and .risk want to carry on the family farm an effort to put farmers in a capital to develop in the manner would have to sell his assets and taxable position"., ' we would like. Under the capital pay .capital gains tax on "It has been "suggested ,that gains regulations in the bill a $50;000, for example. He might the capital *gains tax will hit farmer will be allowed a house in then reinvest his capital. in the farmers and small businessmen tter�•rls of theawhiteanaeer,rUnder ears "later and find three or four particularly. hard because most h city,,q paper. y that so far as of ' them, as we all know,onald G. MacEwan this silly recommendation in the his investment was concerned he endeavour to retire .on the l , proceeds from the '.sale df Their farms or businesses buibt up over a lifetime of hard w.grk,, and without high living. Now 'they are being put in a position wherer- the proceeds from all this hard work will OR whittled away„by capital gains tax. It is suggested that farmers and small twsinessmah- :sh. uld , have,-.a,1x.. 'registered' tetifemeiff plan, 'the premiums of w7lich should be deducted from the proceeds. We .know there is in existence a registered retiretne_nt plan, but a sep•si-ble 'solution to the difficulty would be for the government to allow, through this tax legislation, the retired (arer or businessman to sell his assets and-.., invest in the retirement plan, before any capital gains tax is charged. • • JOE'S BP Service Station and Coffee Shop 411 Huron Rd., Goderich 524-6871 ti For Your ,tz) INSURANCE see or call f lacEwan. & , MacEwan 44 North St.;- 524-9531 rM P., 44 NI ►u YU 1141..Wri11 •„ Peter, S.' MscEwan CLIP FOR REFERENCE -• CLIP FOR:,REFERENCE - FLIP gOR REFERENCE - CLIP F(113, ELE,FEREN,C.E, -CLIP FOR. REFERENCE -CLIP FOR REFERENCE WE'VE ARRIVED...COME AND JOIN US 44 tE L E,,P...H.O NE ,519-$23 4595 B.�YTH AT OUR Ammaimignoimmun ONTARIQ. „__-,___ New L�ci,tion4 ON TOP OF THE HILL - ONE MILE SOUTH OF BLYTH ON HIGHWAY 4 111111:1111 To podrr,rh T. Wallop 'New Location"., The ' ' Old' Mill Ire lflnlon.erM . I,nnnon SPORTS GLOVES Thousands of pairs in stock in dozens of styles. CURLING---GLOVE-6 Genuine Deerskin-7Men's-& Ladies' GOLF 'GLOVES . Various Colours, Capeskin j Men's & Ladies' SNOW/lc: BILE GLOVES Genuine LeatheMen's & Lades' RIDING GLOVES Enjoy, This Classic Style DRIVING GLOVES Many Snappy Styles SHEARLING GLOVES For thelook and feel 'of luxury The above is a Iist.of only some of4thik selection- The Old Mill has to offer. Ali" lines are factory outlet sale priced. WOOLEN BLANKETS -----"- Our grease is - Iirie of blankets yet . , PURE VIRGIN WOOL DIRECT -FROM THE „FACTORY LUXURIOUSLY SOFT, • Sheepskins are our specialty -and are tanned and processed on the premises by Atlas Fur Tanning 'arta- Dyei-ng Ltd: ffer di r own efeaning service' for sheepskins.- sr) bring your rugl;.for cleaning ,when you visit The Old Mill•. We mail sheepskins • ar'fywhere-.place,your'order now: • Sheepskins - a natural gift. - sure to please everyone combine the ruggedness of leather with the beauty and softness of wool:: - M . WHITE RUGS .--...,.-.....__ _.._.Y_._.- SU.PE441-0R-QUAL'1-TY---V-A6U-E-D2A-T 15.29:951 ..''' ..,.''. : ( 1. Factory 'Outlet Sale Price 14.50 REGULAA.QUALITY VALUED AT $22:95 ' ',.. Factory Outlet Sale Price 11.50 STANDARD QUALITY VALUED AT $18.95 CHILDREN'S MITTS & GLtWES - HALF .PRIG -E Don't Miss The Special Offers MITTS Leather for wearability 75` and warmly lined for comfort. Many shearling lines. Valued from $1.50 to $5:95. 2.95 GLOVES , Smart gloves for dress -till Many with to fur -like back. A real bargain. Valued at $3.50 to $5.95.- -for the warmth that only; wool..can NOTE THIS OPENING SALE SPECIAL . 'SATIN, BOUND" CLEARANCE 100% pure virgin wool blanket, 72"- x "90", 6" satin binding. White, gold„ mauve, pink, beige, turquoise, ^ moss, peacock, green, old rose. These are 'completely first quality new,stock made from our own wool for our New Location Sale. td offer at prices you can't afford to miss. NEW • LOCATiON OFFER $18 Value . ea. Stock up on these for Gifts and Personal Use,. 7 95 (Quantities Limited To A - Customer) SATIN BOUND Touch -tempting satin bound 'blankets carry the world-renowned wool mark label. 'These blankets have a soft, deep, Tong -lasting nap and feature a 6" satin binding - only the finest white wools used - A perfect gift blanket. KING ' SIZE 80" x 110" White, beige, tangerine, moss green, pink, turqudise, blue, gold, tea rose. Factory Outlet Sale Price 22.3° , TWIN/DOUBLE 72" x 90" - White, gold, green,. turquoise, Moss, pink, bite, tea rose. Factory Outlet Sale Price 19 .'0 MANY OTHER TYPES AVAILABLE AT FACTORY OUTLET SALE PRICES shearling SLIPPERS & MOCASSINS ' Morland's Si4EARLING SLIPPERS The Finest & Warmest Slippers Available Ftlictory Outlet /. Sale /Priced ,/� ". MV., ,.!•ry-,. _,.y, „p. ', �i. 3.o0 rti'4.po/,I" •. PAYSAN SHEA, !LING SLIPPERS' • Made ini Canada, calfskin, Completely MEN' Fl 9.50 lined with Sheaxling LADIES' 9:99' A -COMPLETELY NEW LINE 9F MOCCASINS NEW LOCATION - NEW LOCATION NEW )LOCATION 1 ,S, to 2.9,5 'SK'I MITTS ....GLOVES See our exciting line of mitts ,especially designed to.keep you warm. SHEARLING MITTS Our specialty - built-in warmth .and durability - many with reinfdreed palm. LEATHER MITTS' Leathers and suedes in many beautiful colours - reinforced. )alvn. DEER'KIN MITTS ,So soft, appealing and warm, pile lined, reinforced palm. ' Valued' at 3.".a`. 0.to...12.00 HALF PRICE SALE FACTORY OUTLET SALE"PRICE 75 To -6,95, �... SKI GLOVES - • Designed and crafted to meet your demands, F.O.'sale priced at $1.0.95/pair. SNOWMOBILE GLOVES. Bound to give you service when you need ilk F.O. sale priced at $1 1*50tpair. LADIES 'LEATH'ER DRESS GLOVES At Fantastic Savings LADIES .GLOVES OF EVER Y"T'/PE Unlined kid; silk-Iini'd kid; wool -lined kid; unlined cabretta; " pile -lined cabretta; . artificial silk' lined .cabretta; shearling; pigskin; calf velour. LADIES GLOVES OF EVERY LENGTH Bikini, 2 -button, 6 -button; Shortie, 3 -button, "4 -button, "5 -button 8 -button, 10;button, 12 -button. LADIES GLOVES OF EVERY COLOUR Black, navy, red, yellow, white, mink, green, cork, brown, "beige, mauve, rust. Choose your, style from our fantastic selection and stock up on tlirse fine quality items for gifts, °Factory Outlet • Sale Price From 1.75 TO 18.00 NOTE THESE OPENING SALE SPECIALS 'LAMES CAP'ESKIN,'L'INED - 1.75 Ladies capeskin, lined •-- $1.75 Ladies' shearling grove -- ,$9.95 $14.95 • Ladies cape, lined Ladies cape, silk -lined = $6,95 Ladies 4 -button kid' - $5,75 . COLOURED RUGS A coloured sheepskFn'brings real' luxury to your decorating scheme,- purple, green, orange,•blue, red, pink, yellow, honey, mauve,,grey, .Factory Outlet Sale Price 9hetc.50 SUPERIOR' QUALITY VALUED AT $29.95 • Factory Outlet Sale Price 1,4.50 REGULAR QUALITY VALUED AT $22.95 , `• Factory Outlet Sale Price 11.50 STANDARD QUALITY VALUED, AT $18.95 - Factory Outlet Sale' Price 9.50 NATURAL.RUGS * ;_._- Alway.s.r,a.rspeci,aJ.t.y_ at The Old Mill - enjoy the natural colour tones of these rugs. A natural way to decorate., - SUPERIOR QUALITY VALUED AT $29.95 Factory Outlet Sale Price 14.50 REGULAR QUALITY VALUED •AT $22.95 Factory Outlet Sale Price 11.50 STANDARD QUALITY VALUED AT $18.95 Factory Outlet Sale Price 9.50 LAMBSKINS These rugs find innumerable u-ses. We 00 5,00, 7 50 'have several -prices ranging from r • WASHABLE-&"'M.EDICAL SHEARLINGS Valued in alleviating and preventing bed sores (decubitis ulcers) HALF PRICE SALE r. Factory Outlet 7.50. & 10.00 VALUED AT $15 to $20 Sale Price SHEARLING a CAR SEAT COVERS---& FUN'NERSI' HALF For comfort" you won't believe. Keeps P,RICE-- seats warm in winter and cool in summer. SALE Treat yourself to a little comfort - they , ,will last for years. RUNNERS -VALUED AT $25 -Factory Outlet Sale Price 12.50 each FITTED SEAT & BACK -VALUED AT $30- Sale Price 14,95 each FITTED SEAT & BACK -VALUED AT $40-.. Seale Price 19.95 each HUNTER'S, Al T ELATION: We will buy, take in trade or tan your deerskins at The Old Mill. Sheepskins and furs accepted for custom tanning by Atlas Fur. Tanning and Dyeing Ltd. OMEN'S GLOVES For wearability choose leather. Jany prices ace even lowt'r than last year = 'many new lines and all the popular styles: . -•! lambskin - kid - pigskin - goatskin - shearling driving gloves - dress gloves - basic gloves - fashion gloves'- unlined gloves - pile -lined gloves - silk -lined gloves - wool -lined gloves -shearling gloves Suit4yoaIrself - spectacular savings - the perfect gift priced from 1.95 TO 14.95 Our complete' line of gloves and mitts is drastically reduced to make this sale our most spectacular yet. WORK- • Choose your type of work - factory outlet sale priced GLOVES glove from our large selection from 60' TO 4.9S � "111MI111l11100111111111" SOCK -'SPORT SOCKS • 99% Wool, 10% Nylon - Colours & White 99c ea, or 3/ 2:75 S Buy in 3's gr Dozens and Save DRESS SOCKS Only the finest quality REGULAR LENGTH 1,79 pr. or 3/4.95 KNEE LENGTH 2.19 pr- or 3/-6..19 ", WORK SOCKS All Blends Available SOME SAMPLES: 75c pr. 31 2.1 0 doz. 7.95 99c pr. 3/2.79 or- 10.95 iwmml,vm,pmM, MANY EkCITING NEW LINES Calfskin Cushions Sheepskin Cushions , ,.Sheetckin..,.Fpo „Ru -Sheerling Car -Seat Cs Covers Shearling Saddle Pads Shearli'ng Insoles ' .English'Ch.nmoism- . Leather Belts -`\ Leather -Dressed Dolls ..r :,,/ictrevgine,046ki. utak,..,. New Line Of Moccasins Wool i~leadiands Wool Sno*Masks Wool - Scarf And Tam Sets Leather 1148.61'�-•- All Colours Hand latit Wool Ponchos NEW LOCATION - NEW LOCATION - NEW LOCATION THIS YEAR -0, Wool Jacket Shirts -'-. Mens, Womens, Boys, Oir!s And Auto Robes Aran Knitting Yarn -- Por 17, l+isherman Knits 2,3 & 4 -Ply 'Marey Wheeling 'Yarn Liberty Scarves (Silk And Wool) - NEW LOCATION - NEW LOCATION '4