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Home My WebLink AboutThe Wingham Advance-Times, 1988-01-05, Page 11�f. e..Fedation of at 4t", o b•totbo Standing to cut ie and. the .Federation warns the ► .of luliUtibitent agri Buil rotAult ell - e ntate ish us Mango**, the Family Farm to the ps 'better to deal with our debt n sooner er than later," BIH !moi, CFPO president, told the +ara4 . "Enteshould not continue with t"alse hopes for the fu- ture." The G called for new power T. Debt Review Boards. It �a is the boards to have the power o grant debt set -asides to the lcclining asset value of, many • nig tcreagYilq J�gaa, so that are. a,s e.�. itf ML4fwF the CF favors,'e , :. bag•of help for fay famines, public and private, b teeters*` and mpassiorate dations include the following measures: Farm credit astions should be established to provide alternative Iong-term financing torf,amim Beghtning . _ farane heed interest rates at no more than inflation, :plus two per cent. - All fame assistance programs should he -better targettedto those with urgent needs. 4. ^ 4 y ,.:.f.16.T au r r Ira S�wd `"n yt+i • head o�fn algid ' .y grains, g farm.. Alternatefarming'systsen and: versification aeeaupport. Farm families , she* d• regard mu of the wealth that '4 e.ont, of nowhere during as family equity and not mipect neat generationsto,replace:it'r Dancing �m The Federation's,* page� image brief: by _writ L C.hristien Farmer' Federation of. :4n. o, 115 Woolwich .a, Guelph, Ontario,-Sill 3Vi. In his first ,a cement since assuming responsibilities,, -Farm Credit Corporation's (FCC) new. Jbn, Hewitt, has wel- comed the agricultural . initiative MMOUltiCed gently by Prime Min- ister BriAn MisterBrian Mulroney. The initiativerepresent a positive development for FCC as a corporation; and_ for .those of its clients' who are experiencing financial difficulty, Mr. Hewitt said. -The extension of the funding F-_ofthe• Cot r f ,,. ► '3 -Based Loan Progratn (CBL) " 1 permit those who had loans with the corporation prior to Feb, 27, 1' to refinance thera at the lower Merest rates offered with p1314. The program, which wasto have expired, March 31, 1908, . will now continue until March 31, 1J91. This funding will ' allow the cor- poration to lend up to $150 million per° year under the program over the nett three With a CBL, the principal. outstanding _on a' loan .. is inidexed-- annually to the prices of up to two of the major produced by the borrower --, meaning that loan payment will vary in response to the change in commodity prices. The FCC ' chairman welcomed news is the announcement that 0 million has been earmarked to allow FCC to participate fully in arrangements reached% through Farm Debt Review Boarils during the last quarter of this fiscal year and the three following years, , Other measures combined in the announcement include the deferral of a loan payment of $103, million, which was to be paid to the Cow solidated--1 venue lid~by FCCIn •palmary 1938, and a provision of $100 million for corporate losses. This will ensure that the corianatrQn will, have sufficient cash flow. to Meet its lending program for 1987-88. Arrangements to provide additional ''. financing a will be based on Ft 's. business plan which is curreft y being prepared. inistry all Oates..fonds o reduce drop-out rate The Mario Ministtyof Education has allocated $600,000 to fund projects aimed at reducing the drop - (Mt rate in Ontario Schools, Education Minister Chris Ward recently announced. Agriculture and Food . Minister Jack id that a project of the , Huron County Board of Education had been selected. Thep ro ject is a rural school board plan to meet the individual needs of high-risk students which_: includes: strong links with Cele, CAAT, Figures, social agencies, local and . i dustryf,and altar • rograms :..in secondary �t bib& c cntirnuotrs tom, individualized prag. and. l*of learningnmterials. - s, Selected kat a itt of :Tv?fine, will to l He added that the new initiative, coupled with two additional broad- based undertakings, the "Ties„ to.• Business and Industry Incentive Fund" and co-operative education, are strive to create a varied and responsive educational system in This system is to be equally relevant to the student pursuing a post -secondary education or the student embarking on another careerpafh.. The. minister also said he is looking.. forward to releasing the work of George Itadwanski, .In. March of Mayes; -Mr. RadWanslti • was appointed to unearth ways of making Ontario's education; system more relevant to the needs of young people and to the realities of the labor market.; Ma focus will be on the issue of highschool dop-outs. A RIG� 1 'sjoN cated 1VAC three e h couch a kitchen, Lehi roof l ydro rent b plus --distinctive stone w�n�t treed„��..pp`�//■��■■arid balance in .Organic $64,50oi o -o- T��"r� H •.,ju(.],`y®, j(],�n O N r\Y/' SE ,4 00 Wtr teci pr h bulit n--19755; h breezeway, "California” kitahen petal living 66x132 manicured c*wntry. view read y or H WAR ING 1 ET OMMERCIAL ing with. apartments n rear and .. LIGHT N IUFAC' RI FAVI and- -eincrete'buildll', `x,�, , o ;• warehousing, 2l washroot, • Wingham & Gocterroh, Ont. x BUNGALOW • situated an largelot close to Wi ham,roffer ing 3 bedrooms, living. room,- dining : acorn, ern kitchen and family room. This. ,home also has an attached: garage, rear deck, and wood- storage shed. For appointment to Views Dail Jim chie `-3295 RETIREMENT " SURANCE - In this "2 bedroom home 10- dated in Wingham. This homeoffers large kitchen with pian of cupboard living room and dining room with .`hart floors an a - - room all on one level. This home. is centrally located ose hospital,. schools and shopping. For appoint- mens: ° I Jim Ritchie 3574295. TA T s 41044 *IWO: 3 bedrooms,.kitchen, bath, livi croon, ort one bevel. s home has=a full 'basement wi h plenty. Ofvheadraom to al10W a family room;. hobby room, etc. Sided a ria r, al nlnrriur ►f fit and fascia. And a- barns le storage shed. This ;ho -. IOW cost maintenance anis SSto ,shed, • inter to view call Jim:Ritchie 357- ItUNGALOW - features 4gibed- Ms; party -size family and .d high on Whin for pan- l t kiCludi _ - ouble w TE B LIVING! -Call aiotment. uve • includes 2 -bay, froom bungalow. o lea. e dati. bank to the 3o's. V' . FOR THE.- YOUNG pre: 351-A967 for an Pf: 3 „