Winnipeg Free Press

Winnipeg Free Press (Newspaper) - January 8, 1976, Winnipeg, Manitoba 10 Winnipeg free press thursday january 8, t976 Safeway Ireail quantities iced Safeway Quality freshly ground limit 6 ibs. Per customer i Burns litre bulk Manor House dinners beef Chicken Turkey Salisbury Steak Frozen. Laundry 11 of. Pkg. A in. Box soft Margarine hr5c in tub v w. Instant breakfast is 6? Carnation 13.6 of. Pkg. 1 dog food or. Ballard s specially beef of. Tin laundry detergent Era heavy duty liquid.32 Al. Of. Oven cleaner s153 Arm and Hammer .14 of. Are. Fatsi to fms deodorant Peanut 1111 right guard planters 32 Al. Of. Bottle pc pers Pirant or double Protection 9 of. Aerosol tin a hair Spray is 69 Tysol Spray v05 total Row i ____.460 Fri aerosol i Christie Premium plus .32 of. Pkg. Imported. Canada no. 1 Grade lettuce imported Canada no. 1 Grade in. Each 39 due to the limited floor space won foods and Large size products May not be available in the following stores 227 Henderson Hwy. At Johnson 623 Broadway ave. 905 Portage ave at Burn Eli 973 Corydon ave. At Stafford 317 Broadway at Donald 115 Maryland St. At Westminster. Copyright 1960, Canada Safeway limited study shows pipeline would give Canada billion net profit Ottawa up a North Ern pipeline linking alaskan and Mackenzie Delta Gas to markets would provide the country net financial return of billion at current world Oil prices Canadian Arctic Gas pipeline lid. Says. In a filing to the National Energy Board released wednesday the company said results of its study clearly demonstrate the project s economic feasibility from a National Benefit Cost Point of it says in the filing submit Ted at the request of the Board that the Cost of the pipeline As Well As investment by the Oil companies to pro Duce Gas in the Mackenzie River Delta will total about billion. Based on a Price equivalent to a world Oil Price of Delta Gas sold in Canada would yield billion Over 25 years. At the same Lime tariffs for transporting alaskan Gas across Canada and the net benefits of foreign invest ment in tie project would total billion. The total income generated by the project would be 530 billion and even Afler subtracting costs of billion there will be a net return of billion the company says. And says Arctic Gas the benefits increase dramatically with increases in the International Oil Price which translate directly into in creases in the value Cana Dian Federal government policy says the Price of Domestic Oil will increase in stages towards world Levels currently government also is committed to raising Domestic Gas prices to Eunial the Oil prices. Gas now Sells for about 85 per cent of its value com pared with Oil. The Cost analysis was filed for current Board hearings on two competing proposals for a Northern pipeline. Arclie Gas wants Permis Sion to build a line linking alaskan Gas to United Stales markets and Delta Gas to Domestic customers. But it is rivalled by foot Hills pipeline lid. Of Calgary proponents of a line linking Only the Delta supplies to Canadian markets. Arctic Gas says that even with a Low world Price of a barrel tile project still meets the test of providing economic benefits to the country. Value of the Delta Gas sold would be billion while net Revenue from foreign in vestment and alaskan Gas would increase that figure to billion leaving a net return of billion. If Oil prices increase to a barrel the net Benefit goes to billion Oil total Revenue of billion. The company s Brief to the Board says that the Revenue for moving the alaskan Gas to Market is a prime example of the Type of Export oriented Industry that Canadian governments and private Industry seek to it produces significant Export earnings without requiring uie Export of Canadian natural resources the Brief says. Alberta rejects charge that it delays sync rude appointments Ottawa up the pub Lic service staff relations Board wednesday announced the appointments of j. Harold Brown As vice chairman and Leon Mitchell of Winnipeg As Deputy chairman of the Board effective immediately. G. E. Gauthier was re appointed As Deputy chairman for six Mouths effective Jan 1. Edmonton up the Alberta government is not dragging its feet on an Oral agreement made last year Wilh the Federal and Ontario governments to save syn crude Canada Ltd. Oil Sands project in northeastern Alber t a Energy minister Don Gelty said wednesday. We said we were prepared to help them and we or. Getty Saui i an inter View. He was responding to charges earlier in the Day by Federal Energy minister alas Lair Gillespie that the Alberta government appears to be Wershing on the agreement designed to save the project from collapse following withdrawal of Atlantic Richfield Canada Ltd. Arco which bad a 30-per-cent share in the venture. I m said or. Getty. I m sure that or. Gil Lispie does not really under stand the or. Gillespie was not Energy min ister at the time the agree ment was reached. One of the main issues in Iii dispute is Arco s interest in six leases near the project. Or. Gillespie said he under the leases were to be obtained by the new govern ment partners. But for reasons that Aren t All that Clear Alberta is very reluctant it would appear to Honor that the Federal minister said. Or. Getty said the Ontario and Federal governments which invested million and million respectively to save the project expressed interest in the six leases which Are separate from the sync rude lease. Alberta has pumped in million with the rest of the capital for the 32-Billiou venture being sup plied by the three remaining syn crude consortium Oil Ltd., Gulf Oil Canada Ltd. And Canada cities service Ltd. We told hem we would help them negotiate with Arco and we Are willing to help the provincial minister said. Surplus fires fierce Competition dairymen urged to limit production Toronto up Canad an Dairy Farmers must keep production for 1976-77 under tight control because there is a world surplus and compete for sales is Strong a member of the Canadian Dairy commission said wed Ned say. H. Ivi. Scottie Johnson told about 600 delegates to the Ontario milk marketing Board s 10th annual meeting of milk producers that the commission and the Federal government Are doing their Best to sell Dairy products but production must be limited. Or. Johnson said stocks of skim milk powder Are particularly High the Market weak Ami Corne Utich fierce. He said the Federal govern ment s announcement in no vember that the milk subsidy allowance is being Cut to million from million Means real production cuts arc required. If Over production continues Ihen producers will increased pipeline Hoimlo . Called unlikely Ottawa up a United states company says a lot More natural Gas will have to be discovered in the North be fore it can Hope for additional exports from Canada. Ray Lynch of Detroit president of Michigan Wisconsin pipe line co., says the company wants to he realistic about gaining new Gas supplies from the Mackenzie River Delta. Although the company has a contract with Imperial Oil Ltd. For Delta Gas new exports Only would be allowed if they Are surplus to Domestic needs. That s unlikely to happen or. Lynch said in an interview unless substantial new discoveries Are made in the Delta. So far estimates of Delta reserves Range from 6.2 trillion cubic feet by Canadian Arctic Gas pipeline Ltd. To 7.5 trillion by Foothills pipeline Ltd. The two companies Dow Are competing before the National Energy Board for the right to build a Northern pipeline. Be the or. Johnson said. Sir Richard Trehane chairman of the milk marketing Board of Timland and Wales told delegates that a trend away from use of Dairy products is the greatest con Cern to the Industry. The delegates endorsed proposals to be taken to the annual meeting of Dairy Farmers of Canada in Cal Gary later this month. It was recommended Bat g the Canadian milk Supply management commit tee lie provided with regular detailed reports on internal he said he was surprised at 31 r Gillespie s comments since the matter was hardly mentioned at the time the agreement was reached and be had spoken to or. Gille Spie Only once about it. Or. Getty also denied that the province was taking a Long time to sign the agree ment which is still Only ver bal. We d like to sign it right he said adding that the reason for the delay was tile amount of Legal work involved in an agreement Deal ing with three major Oil companies and three govern ments. The Energy minister said he was also disturbed at or. Gil Lispie s statement that the Ontario and Federal govern ments thought the rate of re turn on investment which Al Berta expected from tie pipe line and Utility Plant it will build was we made an agreement about the Normal Cost of ser vice for the or. A Coly said. These have been negotiated under a business like Norm and 1 thought they were the provincial minister added that if the Federal government were to hire Consul Tants to examine the figures it would find the 30-per-cent return on the pipeline and 20 per a Cal return on the Power Plant to he reasonable. The two ministers Are to meet in Edmonton today when or. Getty said the mat Ter will he discussed. Ont. . Cuts save Little fuel official says gulp of ont. Up paid Pinnington of the on Tario Energy ministry said tonal Dairy product markets w c d n e s d a y that reduced by the Federal government. A joint Industry and g o v c r n m e n t. Decision be reached on the amount of milk to be covered by sub Sidy and the Rale of the sub Sidy. F the Dairy Farmers of Canada be asked to continue to pursue the possibility of increasing Canada s con t. R i i u t i o n of skim milk powder to the world food program on a continuity of Supply basis. It i m p o r i of variety choose into Canada be reduced and butter imports be permitted Only when Neces sary. Speed limits on the province s highways will reduce gasoline consumption Only by about two per cent. Or. Pinnington a senior Petroleum adviser for tie Energy technology group told an agricultural conference at the University of Guelph that reduced weight and better aerodynamic design of Auto mobiles could reduce Gaso line consumption by the order of 40 per he said that reducing the weight of a vehicle to pounds and eliminating the Square front end design might achieve such a saving. 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