Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 6, 1975, Winnipeg, Manitoba Winnipeg free press saturday december 6, 1975 2630 Portage 832-6774 Potash politics alarm Ottawa Saskatoon sask. Up the Federal government is concerned that Saskatchewan s plan to nationalize the Potash Industry May reduce the Federal take from corporate income taxes finance minister Donald Macdonald said Friday. Speaking to the Saskatoon Board of Trade he reiterated Federal intentions to get a share of provincial resources Tel think it will be obvious to you that we would feel compelled to consider our position seriously if the Saskatchewan Mac Don Aid Lang hit lax implication fear nation s investment image Hurt or. Murry m. Vann announces his association with or. Earl k. Vann for the practice of urology x suite 404-225 Vaughan 942-3086 government sought to use the nationalization of the Potash companies As a Means of Ena producers to escape the payment of Federal income tax he said. A text of his speech was re leased in Advance of delivery. M r Macdonald s speech came Only one Day after Saskatchewan Deputy Premier Roy Romanow told the provincial legislature that no word had been received from Ottawa about any wish to tax provincial Crown corporations. We Wood like to show you our Canadian gifts and hand made furniture 251 Sherbrook St. Of Broadway noon to-8 . You can t claim him if you Don t know him this sunday 11 . And 7 . Sunday school . The salvation Winnipeg Citadel located in Blu Alful downtown Winnipeg 400 Colony St. North of the Bay share your Faith with someone today new management new Flea Market 20 Booths sunday 10 . 4 . Handicrafts Antiques Etc. 136 Market ave. Extra Money could be yours learn income tax preparation men and women of All Ages May enrol Home study course now available name address phone services 1867 Portage ave. Winnipeg Man. Pm. 888-8990 preliminary notice by Max Steiman and sons antique auction Sale Carter s auction rooms 309 Carlton Street tuesday december 9th at . Sharp we have just unloaded a Container of antique furniture clocks China Small Ware Etc. Which has just arrived from England on View tuesday All Day until time of Sale watch this paper monday for details Here is a rare Opportunity to buy these Beautiful Antiques at your own Price Teh your neighbors phone your friends m. K. Steiman h. H. Steiman phone 942-3397 until such word comes or. Romanow Slid it s business As usual for the Potash corp. Of at a nov. 26 Federal Provin Cial conference of finance ministers in Ottawa a Saskatchewan government official said that the province would consider a Levy against Canadian National railways Federal Crown corporation Ottawa acted against the provincial Potash Corpora Tion. Or. Macdonald said he was concerned that taking Over the Potash Industry possibly foreshadows the nationalization of additional resource industries.11 he said it seemed a questionable practice for a prov Ince to spend hundreds of Mil Lions of dollars to take Over an Industry. Rather than to develop new resources Saskatchewan s action might affect the ability of All provinces to attract needed investment capital. Is some risk that the attitude of foreign investors toward putting funds into Canada generally will be co lored by the misgivings that Are bound to be generated by the resource policies of the Saskatchewan or. Macdonald claimed. The finance a Mistor also used the occasion to criticize comments about the Federal anti inflation program by Saskatchewan finance minister Walter Smishek at the be. Deral provincial conference last week. Or. Macdonald said he was disturbed by or. Smishek s statement that Saskatchewan a 1 p n c among the pro opt out of fed eral controls to run its own program to Monitor the government sector. This would have the effect of fragmenting and to some extent undermining a National anti inflation Effort he said. Y or. Smishek issued a state ment after the nov. 26 meet ing stating that the province supported the Federal Initia Tive. It was concerned that wage restraints might affect Saskatchewan s ability to at tract nurses and teachers. Or. Macdonald said Saskatchewan has so far shown a rather negative reaction to the program of selected wage and Price controls imposed oct. 14. That is surprising be cause farm prices for food products Are exempt and the province s Economy should Benefit he said. Saskatoon up the very thought of expropriation of the Saskatchewan Potash Industry will have severe repercussions throughout the investment world Federal transport minister Otto Lang said Friday. 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