The Goderich Signal-Star, 1982-11-24, Page 12,ff,YA , /
;•4' "),
PAGE 12 --GODERICH SIGNALMAR, WEDNESDAY, NOVEMBER 24, 192.2
Rent limit
imposed
REDRELL,
BIPP
A temporary five percent
limit on rent increases
claimed for higher financing
costs arising from a change
Of ownership has • been im-
posed by the. Ontario
• Government, although
owners of such properties
would still be entitled to the
automatic annual six per
-
gent increase allowed under
the, province's rent control
laws.
The Minister of Consumer
and Commercial Relations
has also announced an in-
crease in the length of time
landlords can be required by
the provincial Residential
Tenancy Commission to
in higher rents caused
by financing costs when a
building is sold. If a building
1 sold twice within three
years, the new owner will
have to wait at least three
mare years before
recovering any of the
refinancing costs involved in
• the Second sale.
The Minister said he
wanted to prevent Ontario
from becoming "a happy
hunting ground for fast buck
speculators".
Events have been moving
• very quickly in connection
with the controversial
Cadillad-Fairview-
Greymac-Kilderkin-Saudi
• Arabiansale.
• The Residential Tenancy
Commission has set up a
• special team to deal with all
• rent hike applications for the
• 11,000 former Cadillac -
Fairview units, in the hope of
ensuring that there is no
• confusion or duplication. The
nine member team, in-
cluding three commissioners
°and aix support staff is being
• set up in Toronto, itiiine if a
number of proposals
following .the controversial
triple sale which ended in the
purchase of the units by a
consortium, reported to be
Saudi Arabian, represented
by a series of numbered
companies.
A Royal commission,
headed by •lawyer Stuart
Thom, will examine all
aspects of Ontario's rent
control legislation in effect
since 1976. A second inquiry
will investigate the role of
• Greymac Trust Company,
Crown Trust Company, and
Seaway Trust Company
which provided mortgages
for the sale of the apart.
ments..
The Minister rejected calls
for a broader investigation
with the power to subpoena
witnesses and information,
saying such an inquiry would
result in a "witch hunt" of
private companies whose
ptivacy is protected under
law. He said he would take
further action only if there
were reasonable and
probable grounds to suspect
• wrongdoing.
Landlords will still be able
to apply for additional rent
increases based on other:
factors such as increased
operating costs or major
improvements.
Legislation will soon be
introduced which will mean
that tenants of apartment
buildings sold after October
31 will face lower rent in-
creases than they might
otherwise have done. It will
apply to applications for a
rent increase Between the
start of this month and the
end of next year.
Liberal Leader David
Peterson has charged that
the government is refusing
to investigate all aspects of
the controversial Cadillac
-
Fairview sale because it has
something to hide.
"I don't have much faith in
their objective View of these
transactions," he said. "Who
knows_svhat_they_know or
don't know?" There is ap-
parently, he said, evidence
to suggest that the principals
involved in the three way
sale may not have been
liesiingnt-artifirlength-(the
buyers and sellers may have
shared financial interests).
Some people wficr have
looked at the deal say there
are no Saudis involved at
all", he said. "There's a
good chance it's just a series
of internal transactions".
On November 9, the
Turn to page 13 e
zehrs
fine markets„. of fine foods
6 DAY
• SPECIALS
IN EFFECT UNTIL
CLOSING TUESDAY
NOVEMBER 30
e**44000
/7-- / /7 /7
• CUT FROMALL
• "A" GRADE •BLAD• E ROASTS BLADE BONE
BEEF REMOVED
FULLY AGED
/kg
FOR TENDERNESS
/
z
VA' fi f/d
FROM 'A' GRADE BEEF "
BLADE BONE REMOVED
SHORT RIB ROAST
3.04 38
Ag lb
/ 7,
• FROM THE CHUCK
It
CHOICE CROSS CUT
•SHORT RIB ROASTS
11,,
VARIOUS STYLES
SCHNEIDERS
SLIM STICKS
25" 79EACH
NO NAME PORK
LINK SAUSAGE 500
91.78
SCHNEIDERS LARGE RING
BOLOGNA
5.27/kg
2.39 Ib.
MAPLE LEAF BABY BAG
BOLOGNA
3,,17
144 Ib.
• SCHNEIDERS
HAM STEAK
175 g
•
SMOKED COOKED
PORTIONED
FROM THE CHUCK
BONELESS BLADE
ROASTS OR STEAKS
SI 92/kg t nib,
'••
--,..s•—„Ao4/•1
SMALL LINK FRESH
SCHNEIDERS
ENGLISH SAUSAGE
199b
SCHNEIDERS BOWLS OF
HEAD CHEESE 375 g 1,79
MAPLE LEAF SWEET PICKLED 149 /kg
BEEF BRISKET 2.49 Ib.
MAPLE LEAF ENGLISH STYLE
BACK BACON 175 g PKG.La
COUNTRY OVEN FRESH
CRACKED WHEAT BREAD 24 oz.
79'
60% OR 100%
WHOLE WHEAT BREAD
24 oz. 79?
COUNTRY OVEN FRESH
HAMBURGER ROLLS
PKG. OF 8 79'
COUNTRY OVEN FRESH
HOT DOG ROLLS
PKG. OF 8 79'
PRODUCT OF U S A
• FRESH
SPINACH
PRODUCT OF FRANCE
GRANNY SMIT APPLESL52/k969' ..
PRODUCT OF SPAIN CANADA NO. 1
ENGLISH CUCUMBERS
EA. 990
• .•
PRODUCT OF ONTARIO NO. 1
ELLO CARROTS
5 Ib. BAG 79'
FRESH, IN SHELL
BRAZIL NUTS 3.73 /kg 169 lb.
,,07/0/40„0117,0(1/
EA.
CUT FROM THE CHUCK
•- SHOULDER
BONELESS POT ROAST
3.921. 78
SCHNEIDERS 6 VARIETIES
SANDWICH STYLE
MEAT ROLLS
250g 99 EACH
FOR BRAISING
FROM THE CHUCK
• BLADE STEAKS
3.48/k9 to SIS lb.
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SAVE Si FLY
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DOZEN
PRODUCT OF ONTARIO FANCY GRADE ajs_
SPARTON APPLES 3 lb. BAG ir iy
PRODUCT OF U.S.A.
BRUSSEL SPROUTS 1.74 /kg 79'ib.
PRODUCT OF ONTARIO NO. 1
COOKING ONIONS
5 Ib. BAG 990
FRESH, IN SHELL
FILBERT NUTS 3.73 /kg 1, 9..
FRESH, IN SHELL
ALMOND N TS 3.73/k9 149,0.
/
fr/7//' zPiN2,5Ya-
17/
/'
5 lb. AVG.
; • / // /'
_777'4 "4 4
FRESH "A" GRADE LARGE
ROASTING • CHICKENS
42,60
/kg
0
'A/7 ,ff/MIMAre/.•MENSINSOMW..w4::::N;:
FRESHLY MADE
MEDIUM
GROUND BEEF
3.70 ,k.1.68.
•ZEHRS ROUND STYLE
• FULLY COOKED
DINNER HAM
6.15,k9 179..
BONELESS CROSS CUT • 103m9
RIB ROAST OR STEAKS/28lb.
NO NAME RIND ON 395/kg
SIDE BACON 1.79 Ib.
NO NAME BRAND PORK •500 g
FARM STYLE SAUSAGE1.78
477,•$:,
NOT FROZEN
• FRESH
SLICED BEEF LIVER
1974 /kg •Ib.
• FINE QUALITY
VALUPLUS
WIENERS
14• 5g
1 . PKG.
9
NO NAME 3 VARIETIES
COLD MEATS 375 g PKG. 129
FRESH ATLANTIC
OCEAN PERCH
FILLETS
5.05/kg
2.29.
SCHNEIDERS
JUMBO STYLE
SUMMER
SAUSAGE
8.80/kg 3.99„.
SHOPSYS
COLE SLAW
OR
POTATO SALAD
PRODUCT OF U.S.A. CALIFORNIA
CELERY
STALKS
• CALIFORNIA
WALNUTS
IN SHELL
PRODUCT OF U.S.A.
FR SH YA1s77/' 35#
kg lb
ODUCT OF U.S.A CALIFORN
AV L iRANES
IA
1 38' s 1.79 DOZ.
PRODUCT OF ONTARIO NO, 1
FRESH PARSNIP
2 Ib. BAG 990
ON THE STRING STYLE
GREEK FIGS
14 oz
139
FANCY CHRISTMAS
CUSTOM MADE TO ORDER,
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ORDER YOURS NOW
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BEAN SPROUTS f30/kg 59c.
PRODUCT 0 ONTA I
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2/79'
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