The Goderich Signal-Star, 1979-08-30, Page 24'1 �
PAGE 8A—GODERICH SIGNAL -STAR, THURSDAY, AUGUST 30, 1979
We reierve the right to limit quantities to normal family requirements!
Industrial
strategy
needed
BY
,i<ACK RIDDE LL
In late April of this
year, the Liberal Party
published our proposal
for ','An Industrial
Strategy for Ontario". It
had been evident to us for
some time that our
serious economic
problems required a
fundamental change in
government's approach
to.. the _.economyif ...any
significant impact is to be
made on the level of
unemployment or the
rate off i,flation.
Work on the develop-
ment of our policy paper
had continued for almost
two years. During and
since the 1977 election
campaign, we have
stressed the need for
apprenticeship programs
to improve job prospects
for our young people and
of the need to assist
small, Canadian -owned
businesses.
We have developed and
expanded the theme that
Ontario needs a- com-
prehensive . industrial _.
strategy to get our
economy growing again.
In "An Industrial
Strategy for Ontario" we
contend that the high
degree of foreign control
of our economy is crip-
pling our ability to build
an internationally
-•:competitive • manufac-
turing sector and that a
movement towards free
trade at this time by
reducing tariffs would- •
create massive unem-
ployment in Ontario. We
believe that our in-
dustries require
enhanced protection in
the form of non -tariff
barriers, combined with
a comprehensive•ilan ,of
development and
assistance in order to '
thrive on world markets.
Our proposed industrial
strategy sets . out our
primary objective as the,
creation of jobs, with our'
major focus lid the
manufacturing • sector.
Other • important ob-
jectives are the
promotion of research
and development, the
developmentof greater
entrepreneurial and.
managerial talent, and
the assistance -
encouragement of small
business, with support for
rationalization where
necessary:
Specifically, we have
proposed the following
programs:
(1) a procurement
policy which would
require the Government
of Ontario to undertake
its purchasing, wherever
possible and reasonable,
from Canadian -
controlled firms or from
foreign -controlled firms
..__.whish- comply - with- the
code of •.corporate
behaviour; •
(2) two .new
• arrangements' to en-
courage individuals to
invest in Canadian
business:
(a) the first program
would establish the
Ontario Venture Capital
Corporation for the
purpose of investing in
the manufacturing in-
dustry and taxpayers'
would be able to purchase
shares in the OVCC up to
a value of five percent of
their Ontario Tax
Payable, receiving a
deduction against tax
payable of one-quarter of
the purchase price;
(b) our second
program would en
courage investment in
privately -run Venture
Investment Corporations
by enabling an investor to
deduct 200 percent of the
value of his investment
from his taxable income
for Ontario income tax
purposes;
(3) new incentives for
research and develop-
ment to enable all firms
operating in Ontario to
deduct a total of 150
percent of the value of
their research and
development related
expenses from provincial'
corporation tax payable,
with foreign-based
multinationals eligible
Turn -to page 7Ai e
Prices effective thru Saturday, September 1st, 1979
WE REDEEM ALL FOOD STORE COUPONS!
NOW OPEN SATURDAYS AT 8:00 A.M. FOR YOUR SHOPPING CONVENIENCE.
SAVE 1.00
(Our Regular Price 6.99)
PRESTONE
NTI-FREEZE
99
4 Titre
plastic
ctnr
LIMIT 2
PER
CUSTOMER
OPE
a.m.
a
GQDE:'IC
ONDAY
6p.m.
SEPTEMBER 3, LABOUR DAY
SAVE 60?
A superb blend, rich in Brazilian coffees.
Custom ground in the store when you buy it ... not before.
8 O'CLOCK
COFFEE
1 -Ib
bag
PREPARE YOUR CAR
FOR WINTER NOW!
3 Star
WINDSHIELD
ASHER 19a,l" container
NT1-FREEZE
(Our Regular Price 1.29)
Our Regular Price 3.59
SAVE 305
Get the best protection now
and save up to $3.00.
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Prestone Anti -freeze
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TESTER each 2
•99
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SNOW BRUSHES
1 each
•
Motor -- 10W30
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JOHNSON & JOHNSON ACTION PRICEI 350 ml PLASTIC fjBTL LUSTRO WARE, YOUR CHOICE! — WASTE BASKET,
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while supplies last
nrnnn
01..0 vvvLI
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A Suparb Blend, Rich In Brazilian Coffees
C-
Inicsu
8 O'CLOCK 2 nn
1-lb77
•
COFFEE
bag
r Limit one pound per family. Our Reg. Price 3.59)
Velld thru Sat., Sept. 1st., 1979 A&P # 642
C
"Sf:EKTM�f 1fJl1fUA
r„
112111,72
--� WITH THIS COUPON — SAVE 1.80
A Superb Blend, Rich in Brazilian Coffees
8 O'CLOCK
COFFEE bog
b
•
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<<--� Valid thru Sat., Sept. 1st, 1979 A&P
J '1/4.
SAVE 20¢ Ib
SAVE 49Ib
Eviscerated, Frozen, Cryovac
GRADE "A"
TURKEYS
1
6 to 12 -Ib Average
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You'll do better with
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9
Ib 1.69 Back Bacon,
61■7
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•
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MEAT
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foY99¢
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PEPS1-COLA
951(
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ASSORTED VARIETIES • PKG 'OF 4 NO. 1 GRADE, CREAMED, WHITE
Neilson Candy Bars 89¢ Beemaid Honey
C 7 CAT FOOD, ASSORTED VARIETIES
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,-for89¢ A & P Cookies
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Super Moist 510gpkg 79¢ Potato Chips
643C `-' AMBASSADOR GENERAL MILLS CEREAL
�� ������^m
Zu �� Lunch on Meatl2.ortin79¢ Cheerios
3 -LB CTNR
3.49
99je
ACTION PRICEI
200 g pkg 79,1
ACTION PRIC11
300 g pkg 79p