HomeMy WebLinkAboutThe Goderich Signal-Star, 1978-08-17, Page 26PAGE 10A---GODERICH SIGNAL STAR THURSDAY, AUGUST 17, 1978
Gt
_____
• ntiv
brin..s
overnmen lflCe
BY JACK RIDDELL
We were, of course, all
pleased to learn this week
that Ontario has been
selected as the site for a
new Ford Motor Com-
pany engine plant, which
will employ 2,600 people
and produce in excess of
$60 million in taxes each
year.
You, will remember
that a special debate took
place in the Legislature
on the last day of the
session. The Minister of
Industry and Tourism
had informed us of the
negotiations which had
been taking place with
respect to location of this
Ontario Govern!bnent was
decidii g how to proceed,
the Federal Government
offered the entire $30 -
million itself. However,
the Ford Company in-
creased •the required
amount to $75 million,
and the Federal
Government sub-
sequently proposed that
Ontario and Ottawa pay
$37.5 million each.
Announcing the
location of the plant in
Ontario, the Premier
indicated that this $75
million figure had, during
discussions between
Federal, Provincial and
Ford officials, been
new $535 million plant. modified to $68 million -
Ford had been offered the figure which was
considerable financial eventually offered and
incentive to locate the accepted. Of this total,
facility in the U.S. and the the Federal Government
Canadian Government had agreed to ,contribute
had recommended that $40 million and the
an imncentive be offered to Ontario Government. the
____._..,persuade the company to remaining $28 million,
locate in this country ran equivalent to ap=`
proximately a 60-40
sharing agreement.
While the establish-
ment of this new facility
will create some ^ 2,600.
incentive to be financed
jointly by the • Federal
Government and the
Government of Ontario.
The Ford Motor
Company had originally new jobs directly when it
wanted $30 million and becomes fully
the Federal Government's operational, it is also
had expressed a estimated that there will
willingness to pay three- be a further 2,600 jobs in
'quarters of that cost, feeder industries: The
provided the Government annual payroll in the
of Ontario paid one- Ford plant will be ap-
quarter. While the proximately $65 rhillion,
James. Gibbons
diesat Huronvie
James Gibbons of
Huronview, formerly of
West Wawanosh
Township, died in
Hurori'view on Friday,
August 11 at the age of 77.
He was born on June 22,
1901 in West Wawanosh
Township to Mary Jane
(Kenny) and William
Gibbons. He attended
school in St. Augustine
and .lived there until
moving to Huronview a
few years ago.
He was a -member of St.
Augustine Roman
Catholic Church.
He is survived by two
brothers, Miles Gibbons
and Clarence Gibbons,
both of Saskatoon.
He was predeceased by
one brother, Ambrose.
The body of the late Mr.
Gibbons rested at Stiles
Funeral Home in
Goderich. Prayers were
said at the funeral home
on Monday at 9 p.m.
A funeral service was
held at St. Augustine
Roman Catholic Church
on Tuesday, August 15 at
11 a.m. The Reverend
Father- .Ed.. .De-ntinger-
officiated.
Interment was in St.
"Augustine Cemetery.
Pallbearers were Bill
Ptcogizve
HURON'78
September 26 - 30, 1978
HURON COUNTY
1)
If you're
NEW IN TOWN
and don't know
which way to turn,
call the
94TekonEW-gort,
hostess at 5244634 or .,
524.0676
You'll be glad you did.
Kinahan, Gus Redmond,
Tommy Armstrong, Leo
Foran, Al Phil'li'ps and ,
Russell Phillips.
with a similar amount
generated in the feeder
companies. The con-
struction industry will
benefit from the 18-24
months construction
phase.
In making the• decision
to locate in OTttaria, Ford
Motor Company chose to
ignore powerful' U.S.
protests. Senior
American officials also
protested to the Canadian
Government about this
country's' cash incentives
offered to obtain more
auto industry jobs. The
officials were in Ottawa
for discussions on the
subject of the 13 -year-old
Auto Pact which, with
exceptions, provides for
free trade in parts and
vehicles between Canada
and the United States.
Canada suffered a $1,.
billion trade deficit on the
arrangement Fast year,
and former Deputy
-Finance Minisfe'riiroTt-
Reisman, who led the
team which negotiated
the- Auto Pact, has been
appointed to review it.
There has, as you
know, been considerable
discussion about the Auto
Pact recently. This is
because the industry 'is
expected to experience
investment of an
estimated $60 -billion over
thenext decade:
Decisions now being
taken will affect the
manner in which this
investment will be
divided between the two
'countries.
During the last -day
debate in the Legislature,
Liberal Leader Stuart
.S.nli.th. argued . that
Ontario should take the
necessary action to -.
secure location of the
Ford plant here, even
though this would be, in
effect, submitting to
"blackmail".•�
As he pointed out, in a
letter to the, Prime
Minister of 2anada at
that time, "The economy
of Ontario and of Canada
is heavily dependent upon
a healthy and modernized
automobile industry and
it is clear that we are in
great need' of this half -
billion dollar facility
which would create 2,600
jobs.
"Furthermore, the fact
that incentive
arrangements have been
offered by the Federal
Government for
General Motors plant
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AUTO GLASS LIMITED
"THE GLASSMEN OF CANADA”
356 BAYFIELD RD. -GODERICH
'pHONF1244136
a
to
locate kV Quebec is being
well publicized in Ontario
and it is felt only fair that
the same terms of
assistance 'be made
available in this province
where, even in many
arias of 'Southern
Ontario, unemployment
is at least as high as it is
in, the Province of
Quebec."
This new Ford project
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mous investment
programs which are to be
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Fordjo.bsto
intention of producing a
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Hopefully, location of
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facilities in the Province.
Hopefully, the federal -
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The Ontario Govern-
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s
develop a well-defined
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matter the highest
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The Premier has ex-
pressed the belief that:
"While there may be.
thoe' who question the -
principle of governments
px iditag directfinancial
intentives, to large and
profitable corporations,
this must be weighed
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and economic benefits of
increased primary and
secondary employment
and improvement in
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federal tax revenues".
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153 ANGLE SEA ST. MAIN ST.
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