Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 30, 1976, Winnipeg, Manitoba 4 Winnipeg free press saturday october 30. 1976 labor official ordered out of Bolivia Marcel Pepin told to leave la Paz a Marcel Pepin president of the world federation o f labor and former head of Quebec s con federation of National Trade unions has been accused of making subversive remarks about Bolivia s Mil itary government and or dered to leave the country it was reported Friday. Local representatives of the Belgium based labor federa Tion said the action was taken after Pepin held a news con Ference at a la Paz hotel wednesday. Authorities banned the local news Media from reporting Pepin s statements saying they were a Call for worker Pepin told the conference that bolivians exiled in Chile Are being subjected to the most inhumane treatment federation representatives said. He also said there is no press Freedom in adding the federation would begin a Campaign to restore human rights in Bolivia and secure the return of bolivians exiled in Chile the officials reported. Tape recordings of the news conference were seized by government Security agents and several federation delegates were detained the representatives said. There was a report in Mon Treal that Pepin had been arrested but it was not con firmed Here. Bolivian delegates said Pepin who arrived Here Sun Day had planned to leave thursday but they did not know if he had departed. Government authorities declined comment. Pepin tried without Success to meet with officials of the bolivian labor ministry be fore holding the news Confer ence the bolivian representatives said. They said Pepin met wit i officials from various labor groups Here and told them that at a recent meeting i Venezuela Union leaders suggested he visit Bolivia to investigate the Banning of labor unions and alleged violations of human rights. Pepin served As Cantu president from 1965 until ear. Her. This year when he be came president of the world body. He and two other Canadian Union leaders spent four months in jail in 1972 after being convicted of contempt of court for advising Quebec government workers to defy legislation ordering them to end a Public service strike. Legislation gives Consumers fair shake erty of the receiver. So the borrowers and depositors Protection Bill says that As soon As your letter sending in a Bill payment is Post marked that s the Day your account is to be credited. You re no longer at the mercy of the postal system or the time it takes the Lender to process the transaction. This also applies to that faulty toaster or suit you bought. The Day you return it to the store is the Day your charge account is credited with the refund. The Bill puts the onus on the Lender to prove that the rate he s charging is justified taking into consideration risk current rates and Cost of Money at the time of the loan among other fac tors. So if you re sure your loan rate is too High you can Stop your payments to Force the Lender to prove his Case in court or lower the rate. But there s an even continued simpler Way because the Bill says you can pay off a per Sonal loan at any time with out penalty. If you think your loan rate is too High pre s u m a b 1 y you be found a lower rate. So you can Bor Row at the lower rate and pay off your original loan. In other words you would make your regular payment to the first Lender and ask him How much you still owe. Arctic pipeline route rejected Zie route and about the fool Lwills consortium s plans to cease chilling its pipeline far ther North than Arctic Gas. The Berger staff also say that if an Alcan Highway pipeline from Alaska to the United states is seriously considered then a Dempster ii i g h w a y connection North from the Alcan Highway to the Mackenzie Delta Gas re serves in Northern Canada could be preferable to a be p a r a t c Mackenzie Valley pipeline route and therefore should be appraised on a priority it concludes there Are no other obvious and Environ mentally advantageous alter natives to a Mackenzie Val Ley route for a Gas pipeline or an Energy corridor. While the staff report skirts Hie Touchy political question of How to handle native land claims which Are just now being presented to the Cana continued Clian government it does strongly recommend that no major Northern including a Northern Gas pipe Unte 10 to 15 years after a native land claim settlement. This recommendation is based on a concern that at least a decade will be needed by the native Peoples to Orga Nize themselves in the North in the Wake of a land Settle ment so they Are guaranteed a secure political social and economic base for the among the Many other re c o m m e n d a t i o n s in the lengthy two volume staff re port Are the Federal govern1 ment create a single special Agency to regulate and Moni Tor the pipeline project to ensure minimum Impact on native Peoples and the native environment specially defined Northern residents be Given priority in Job training and in Job hiring for the project and be paid even if rejected for work by the project Winter construction be preferred in the Mackenzie Delta area could cause problems for the summer construction pro posed by Foothills pipe lines Calgary with its All Canadian project the pipeline company be specially taxed so that Northern native communities can be provided an assured Supply of Energy not necessarily Gas at the equivalent of Southern prices that Northern Compa Nies be assisted in obtaining bonding so they can participate in the project and spin off projects. Then you would borrow that outstanding balance at the lower rate from the second Lender and pay off the first Lender. If the Lender fails to Dis close everything he s sup posed to or fails to give you a copy of the lending agree ment you get a free loan. Of course you must still pay Back the Money you Bor rowed but you won t have to pay any interest or other credit changes. There Are All kinds of wrinkles Here if the Lender and that could be a Bank credit Union finance company Oil company or department store cites one rate in the loan agreement but actually charges you another you pay the lower rate if the Lender cites your rate As Iofe per cent a month instead of 18 per cent a year actually 19.56 per cent effective you need pay Only the prime rate currently Lovi per cent. If you have a variable rate mortgage and the Lender fails to adjust the rate according to the rules you need t pay any interest or other credit charges until the next variation Date which could be months or even a year Awa y. Many mortgages lock you in which Means that if you win the lottery or a Rich aunt Dies you must keep on pay ing 10 per cent or whatever rate on your mortgage you Quebec sask. Labor disputes end by the Canadian press while Auto workers in Guirio threatened to go on strike nov. 3 against Ford motor co. Of Canada Ltd. Electricians and professionals in Quebec and nurses in Saskatchewan were among canadians who ended labor Dis Putes this week. The United Auto workers announced monday that about employees at All Ford plants in Ontario will strike at 10 . Wednesday unless n new contract is reached. Negotiations with the com Pany picked up momentum following ratification of an agreement Between the Ford motor corp. In the . And the Union said Dennis Mcdermott Canadian director of the Law in Quebec workers belong ing to the electricians Union voted to accept an agreement to end the pro Vince wide construction strike that began in september. They voted 76.1 per cent in favor of the agreement reached Between negotiators for the association of build ing contractors of Quebec and the Quebec federation of labor building trades coun cil and were Back at work by wednesday. The synodical Des professionals Clu Quebec represent ing Quebec government professionals voted 87 per cent in favor of a contract offer this week ending their 18-month dispute. Disputes that remained unsettled in Quebec included strikes by professors in Mon Treal at Laval University and the University of Quebec s Campus the five month strike by workers employed at three Quebec smelters of Alcan aluminium Ltd and a temporary walkout by supervisory nurses at about 30 Montreal area Hospi tals to protest government delay in implementing wage increases negotiated about two months ago. The situation in the rest of the country follows in Saskatchewan about 450 workers at five extend care nursing Homes returned to work tuesday ending a strike which began oct. 15. The workers employed at Homes in Regina Moose jaw and Saskatoon Are represented by the service employees International Union. But nursing support staff represented by different Union locals at seven other nursing Homes in the prov Ince remained off the. Job to Back demands for higher wages and better working conditions. Police in Victoria reached a new contract last Friday after the afternoon shift had booked off sick the Day before to press demands for a Settle ment. Cannot pay off anything in Advance. The Bill gives you the right to pay off your mortgage ahead of time either in part or completely. Depending on the Type of mortgage and the length of to run you will pay a penalty but a maximum has been set which is three months interest. For s o me variable and mortgages there is no penalty for repayment. There is no penalty or Only a reduced penalty for pre payment if your mortgage rate is below the going rate. After All if you have a 10 per cent mortgage and to Day s rate is 11 Viz per cent Why should you be penalized for paying off the mortgage the Lender is getting Back a loan that is yielding him 10 per cent and can lend the Money again at per cent. You re already doing the Lender a favor and the Bill says you should not have to pay a penalty As Well. More for your deposits if you took out of your Bank savings account on ocl 28, you would t get any in Terest for that Money for october even though the Bank has had your for 28 Days and was itself per haps earning interest on this Money. When the Bank does pay you interest it usually does so Only every six months. Why should t you have your own interest to spend or in Vest with these Points in mind the Bill wants interest calculated and credited More frequently. The exact details will be announced in the up coming regulations. Today a 12 per cent loan might really Cost you 16 per cent or More by the time you pay compulsory insurance charges Legal fees and other costs. The Bill wants to see a 11 these hidden charges shown up front in the advertised interest rate. This Way you can see at a glance that one loan with no extra charges costs 12 per cent while another loan with hidden charges might. Cost 16 per cent. This truth in advertising will spread to de posits too so again you can see How much your Money is really earning. Margaret Trudeau honorary chairman of Unicof. The United children s Aid fund goes collecting on a pre halloween practice run photo with sons Michael in her Sacha ;