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HomeMy WebLinkAboutThe Goderich Signal-Star, 1984-10-24, Page 17PACE 18 -GODD SIGN,AirSTAR, WEDNESDAY, OCTOBE 241i, 1 Terms of new series of COm ercial fig' ,„ fi,sliqu�tas ruled Savmgs Bonds announced invalidn.�r�� Supremecourt by fl t rio of. Fin BY annp ted that the The Minister 'of Natural Resources, the Honourable. Alan Pope, informed the , Legislature this week that -as .a result of a Supreme Court, Judgment on October 15, in- dividual quota assigned to commercial fishermen have been ruled to be technically invalid at the present time. In the decision, it was held that the authority of the Minister of Natural Resources to impose individual , quotas Is not legally delegated in the Federal Fisheries Act or the Ontario Fisheries Regulations made thereunder. The Minister advised that all of the other Ontario Fishery Regulations involving both sport and commercial fishing remain valid. The Province is currently seeking both a stay of this Judgment and leave to appeal the Judgment to a higher court. In the meanwhile the Minister said his Ministry of- ficals are reviewing the other legislation and they will advise the commercial fishing industry of their subsequent approach to en- forcing harvest controls. My colleague Remo Mancini, M.P.P. for Essex South said that it was incredible that Mr. Pope and former Ministers of Natural Resources, could 'all have talked about the possibility of quotas for such a long period of time and not even realise they lacked the authority to put them in place. . " The quotas which were implemented ear- ly this past spring, Kt. Mancini said, were implemented in a hurried and chaotic fashion. The Minister proceeded with incor- rect figures and without a Quota Review Board in place. Mr. Mancini said that con- sequently, some people were penalizl by the inaccurate figures used in compiling quotas, and were further penalized by the Ministry of Natural Resources' inability to organize the programme before its im- plementation. Mr. Mancini challenged the Minister to make public any documents or research in- formation which the Government of Ontario may have in order to inform the public of the exact quantity of the fish stock. EXTRA BILLING MAY END Federal penalties of more than $4 million a month may cause the province to recon- sider a ban on extra -billing by doctors. The QUEEN'S PARK Canada Health Act, a federal statute passed last summer, allows Ottawa to withhold transfers to provinces which permit extra - billing of patients. • Any ban would take a few years to imple- ment, according to the Minister of Health, Keith Norton, who said "a phasing out of extra -billing would allow for a 'non - disruptive period to occur'." A ban on the practice by 1987 would mean that Ontario would receive withheld federal funds. Opposition Parties at Queen's Park have called on the Provincial government to take action to prohibit extra -billing. Under this practice, doctors charge patients amdunts greater than those allowed under OHIP. THERAPEUTIC USE OF COIN The Ontario Legislature passed a unanimous motion to urge legislation of the therapeutic use of heroin. The parliamentary resolution asking the federal government to amend the Narcotics Control Act to give terminally ill patients access to heroin was moved by Liberal M.F.P. Vince Kerrio and seconded by Liberal House Leader Robert Nixon. In his presentation Mr. Kerrio quoted ex- tensively atensively from the work of Dr. Kenneth Walker, a newspaper columnist who has crusaded to persuade the federal govern- ment to allow the use of the narcotic.. "The potential for misuse of the drug or illegal distribution of the drug should never be allowed to overcome the ppootential benefit to dying patients and their families" Mr. Ker- rio said. He pointed out that although heroin has been banned in Canada since 1954, it is now legal for medical use in 38 countries in - 'eluding the United Kingdom. Mr. Kerrio said the drug is widely viewed as a more successful painkiller than morphine - which is legal in Canada - and added that Dr. Walker contends that any additional pro- blems legalization poses can be controlled. "What we are tallying about is people who are terminally ill and for whom there is no question that the problem of addiction is totally meaningless," said Odoardo Di San- to, speaking for the New Democratic Party. Because the control of narcotics is a federal matter the decision of the Provincial Legislature makes no immediate difference in law. The results of the vote will, however, be forwarded to the federal government to give Ottawa the benefit of Ontario's view on the matter. Quilt winner Mrs. Edith Falconer, 219 Mary St:, Clin- ton, was the winner in the quilt draw, at the Saltford Christmas Country Fair, last weekend. 1984-05 series of Canada Savin. Bonds will, Oqffer investors 11.25 per interest in the first full year and a guaranteed minimum of seven per cent in each of the following six years to maturity in 1 1. Wilson also announced that the individual purchase limit for bonds of this new series will be $75,000. "This limit, however, will not restrict holders of maturing series S-27 and S-30 bonds from converting the full principal amount of their certificates coming due November 1," the Minister said. "The maturing amount can be additional to the $75,0001imit." Wilson said he anticipates "strong public demand for the new issue because of the at- tractive first-year return as well as other valuable features of CSBs:" He also em- phasized that the 7 per cent rate offered after the first year "is a minimum and, as in past years, may be adjusted upward." Canada Savings Bonds of the new series (S-39) will go on sale today, Wednesday, Oc- tober 24, and no accrued interest will be charged when purchased up to and in- cluding November 7. HOwever, as for past series of CSBs, the Minister reserves the right to terminate sales at any time at his discretion. The Minister also announced that for all other outstanding series of unmatured Canada Savings Bonds, the rate of return for the year commencing November i 1904 will be htcreasod to 11.25 perms, FOTO re- maining years to maturity the . minimum annual rates wll� ue to a ly: 7 per cent. for S-38, 8.50 pet cet for 4-37 and 10.50 per cent for all other series. The New Series The new series will be dated November 1, 1984 and will again be offered in two forms - Regular Interest Bonds which $ y interiest annually by cheque or direct ,: , t, and Compound Interest Bonds, on which interest is left to accrue and compound annually to maturity. Investors may, purchase their bonds at banks and other authorized sales outlets in- cluding investment dealers, stock brokers, trust and loan companies, credit unions and caisses ulair °.-1m ddition, some 10,000 firms ' `i rg across the country will oper = • " : vings Plans to permit employ o acquire bonds by payroll deductions. Both types of bonds will be available for cash purchase. Only the Compound Interest Bonds are offered under the Payroll Savings Plan and the Monthly Savings Plan. Sales under the Monthly Savings Plan will not ex- tend beyond November 7 and individual pur- chases on this Plan -will be subject to a minimum amount of $1,000 and a maximum amount of $10,000. Fitness Fella's view film The Port Albert Fitness Fella's held their sixth meeting on October 17, at 7:00 p.m., at Mrs. Donna Hayden's. The meeting opened with the 4-H pledge. Members asked and answered questions in the roll call. Business was discussed. Mrs. Hayden demonstrated macaroni, :cheese and tomato and apple crunch sun- dae. Members sampled oatcakes. Next on the program was a film from the Huron County Health Unit, called "Nutri- tion on the Run". The film illustrated many things, including the comparison of a few f fast-food places. Everyone tasted the food and the meeting was adjourned. Next meeting will be held on October 24, at 7:00 p.m., at the Hayden residence. HAIR DESIGN WOMEN AND MEN EAR PIERCING AVAILABLE If you are tired of wearing your vest and are looking for a change, double breasted may be your answer. Whether it be a Navy Wool Blazer at 5175. or a Striped Wool Flannel Suit at 5285. it's always a standard in stylish dress. 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