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Al2 -- THE HURON EXPOSITOR, JULY 31, 1985
Canada's food supply uncertain, says MPP
BY JACK RIDDELLM.P.P.
Canadian complacency about the future of
agriculture is jarred in this revealing book
about the economic and environmental
dangers of neglecting our most important
resource - land. In this book Gary Fairbaird,
commissioned by the Agricultural Institute of
Canada, explores the problems and offers
some suggestions to improve our future
prospects. Productivity of land currently
being farmed may be in jeopardy unless
proper conservation methods are employed.
This is illustrated in the prairies, where
organic matter which took 10,000 years to
build up has been depleted by almost
one•half in some areas, in only 70 years.
Other factors which determine our land's
productivity are erosion and farm practices
such as summer fallow, which increases the
extent to which erosion takes place. Concen-
trations of potato crops in the Maritimes and
modern agricultural technology have been
the soil's worst enemies,
. Fertilizers and pesticides both harm and
help agriculture. Organic farming is an
alternative, but also has its problems. The
author suggests that more research is needed
in pest control. If we curtail such research
Investments often turn
There's an old saying, "A fool and his
money are easily parted." But this can
happen to anybody, not just plain fools,
unless some basic precautions are taken.
Many Canadians have been impoverished
because they are talked out of their life
savings 'by people offering investment
opportunities with great potential for growth.
In fact, many of these fantastic -sounding
investments turn out to be illusions.
A cardinal rule you should follow before
you invest your money in the shares of any
company is investigate.
If a representative of a stockbroking firm
has approached you, before you do any
business with them you should check their
credentials. Ask to see their licence to sell
securities, Each province has a Securities
Commission which licenses people to . sell
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now, our options 'in the future may also be
limited,
One of the most insidious problems at hand
.s land use. Urban growth is' encroaching
gradually on rural and
other developmentslre aestablished oand. Once n such
land it is lost to agriculture forever. Why be
concerned?
"In 1930 federal authorities estimated that I
the nation had 142 million hectares of
potential agricultural land. With that, one
economist calculated Canada should support
250 million people. Today, however, we have
less than one-half that amount of farm land in
production supporting one-tenth of that
potential population," says the author.
After closer study scientists have found
that Canada has only 42,000 square kilo-
metres of Class One farmland. Class One
soils have no significant cropping limits.
Class Two soils are limited in the types of
crops they can support or require special
conservation practices. Class Three soils
have moderately severe limits, and Class
Four soils have severe limits. Class One,
Two, and Three soils are considered prime
foodlands.
Almost all Canadian cities have sprung up
out to be illusions
it
stocks and bonds, or the shares of mutual
funds.
As well, you should investigate the
company the salesperson claims to represent.
In the securities business there are two
long-established industry associations which
closely vet their member -companies.
One is the Investment Dealers Association
of Canada, Which represents 72 brokerage
firms. Its head office is in Toronto and it acts
as the self-regulatory body for the securities
industry.
The other organization is the, Investment
Funds Institute of Canada, also based, in
Toronto, which performs the same self-
regulatory role for the mutual funds industry.
Just because a company holds a member-
ship in one of these industry associations is no
guarantee your investment with that firm will
have an assured growth or rate of return.
However, your money will enjoy greater
safety than if you entrusted it to a
non-member company.
After you have ensured the individual
handling your account is trustworthy, and
the company behind the individual • is
reputable and has a financially stable record,
there is another important step you should
take.
You should keep track of your investment.
If you are investing through a stockbroker,
don't hesitate to call him if he hasn't been in
touch with you for a long time.
Brokers have a tendency to pay much more
attention to a client who has a $100,000
account than one with only $10,000. Unless a
great travel distance is involved, you should
physically meet your broker two or three
times a year at least, and make a habit of
calling him on the telephone at least once a
month.
If you are investing in mutual funds there is
far less need to maintain contact with either
the mutual fund company or its sales
representative. The whole purpose of a
mutual fund is that you have pooled your
money with hundreds or thousands of others,
and the fund is being managed by a
professional portfolio manager.
The mutual fund form of investing is for the
long term, and therefore you shouldn't
become too concerned about fluctuations in
the stock markets from month to month.
However, it is still important to remain
informed about your fund. By law, mutual
fund companies have to send you an annual
report and a semi-annual report on the fund
in which your money is invested,
These reports should be informative and
clearly written. If there' is some further
information you may wish to have, don't
hesitate to write, to the company's head
office.
Etr3ONTARIO
ARCH
OF DIMES
on productive agricultural areas and present
expansion consumes even more good quality
farmland. Over a third of Canada's Class
One land is within two hours' drive of the
centre of Toronto, and more than one-half is
within one hours' drive of some major
metropolitan centre," he says.
Climactic conditions greatly affect the
productivity of soils in various regions in
Canada. Urbanization is posing a threat to the
Niagara fruit belt, the best area in Canada for
growing fruit such as peaches, pears, and
cherries.
There are many underlying economic
forces contributing to these • problems.
Solutions will not be easy. The future of
agriculture in Canada is in our hands. W e
must act now to make farming economical,
provide farmers with a stable income,
increase agricultural research, and turn
research discoveries to practical use. Our
urban society must begin to develop a
conservationist philosophy. A better under-
standing of agricultural issues could be
gained through education.
Writes the author, "The costs for such
efforts can be steep, but as previous chapter
have made clear, the profits for society as a
whole are large."
We have a long way to go, We must take
that first step.
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Women's Institute
recognizes need
to support youth
Every year is the year of the youth as far as
the Women's Institute is concerned. Right
from the start the W . I. realized that all youth
activities would need to be supported. W .L
members have always acted as 4-H leaders
and provided monetary support to the 4-14
Clubs. Many W .I. branches provide financial
support for the Fair Queen Contestants as
well as providing prizes for youth activities at
their local fairs.
Perhaps one of the biggest contributions
that W .I. `makes is through its scholarship
program, from the $1,200 Helen M. Mc-
Kercher scholarship to someone who is
pursuing further education in the Home
Economics field to local scholarships several
of the W .I. branches provide. London Area
awards three Maryn Pardy scholarships each
year. As well, Elgin County, Huron County,
Middlesex and Oxford Counties each provide
scholarships to girls who have had a
successful 4-H background and who are
furthering their education.
On a provincial basis there are four
regional scholarships in Ontario. The one that
London Area is really interested in is the
Dorothy Futcher scholarship, established in
1950 in honor of Mrs. Futcher from the
Middlemarch branch, Elgin West, who had
been F.W .1.0. President. Each of these, plus
the county ones, are worth $200 each. As well
FW I0 provides 15 $300 MacDonald Entrance
Awards to those taking the Family and
Consumer Studies course at the University of
Guelph. There is also an International
Scholarship to train young women from
underdeveloped countries so they may go
back and train their own people. To ensure
the leaders among our youth are further
trained F. W . t.0. has also donated to the
Advanced Agricultural Leadership Program.
W.I. members in the London Area have
also helped raise funds and assist with
Ronald McDonald House, War Memorial
Children's Hospital, Flags for schools. gym
and playground equipment for schools, 4-H
exchanges, Family and Children Services and
camps for Diabetic children. Many W .1.
members throughout the year provide
assistance to the youth in their community
whether through provision of transportation,
a shoulder to cry on oras a sounding board for
new ideas. The W .I. is undoubtedly a friend
of youth.
The Classified
word for today is
BOATS
bot: a small vessel with or
without a deck, propelled by
oars, paddles, sail or power.
Go on a seafaring adven-
ture through the Classifieds
and sail away to the good
life. We have sailboats, cabin
cruisers, motorboats and
canoes. all affordably
priced.
Buyers and sellers meet
every day in the Classifieds.
Find what you need and sell
what you don't need in the
Classifieds.
4 Huron
.xpositor
= .�2 -0240