Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 21, 1978, Winnipeg, Manitoba Winnipeg free press Friday april 21, 1978 investor Confidence too weak Jewett says Pauline Jewett warns chamber of Commerce by Ron Campbell Canada needs stronger political leadership and stronger Domestic investor Confidence to survive Pauline Jewett president of Simon Fraser University in Brit ish Columbia said thursday. She was speaking to about 60 members of the Winnipeg Cham Ber of Commerce at a luncheon in the Northstar inn. Prime minister Trudeau has t quite made up his mind which economic philosopher he s is. Jewett said. A couple of years ago he seemed to like the theories of Harvard University economist John Galbraith favouring More government intervention in National economic life she said. Now he seems to favor the free Enterprise economic approach of University of Chicago economist Milton Friedman she said. Such switches have caused the Bay Street investment Community to be very if political leadership in t forthcoming at the Federal level she said it will be natural to look to provincial premiers and even opposition leaders for it. Thus far however Only pre Mier Richard Hatfield of new Brunswick and Premier Allan Blakeney of Saskatchewan have shown a National breadth of perspective is. Jewett said. The others Don t seem to care. Is. Jewett said the recent alarming pickup in capital out flows from Canada reflects investor loss of Confidence in Canada. Domestic institutional investors who historically have financed foreign takeover of the Ca Nadian Economy Are increasingly using our Money put Ting it in ventures such As Florida real estate she said. Since about 1971, secondary Industry has declined even in the Southern Ontario Golden Trian Canada s most heavily industrialized area. For example is. Jewett said the Domestic furniture Industry used to have 75 per cent of the Domestic Market but now has just 35 per cent. Imports making up the Supply deficit come not from Low wage or High design areas Asia and Europe but from the United states where wage Benefit packages equal and sometimes exceed Canadian workers. Canada seems not to be moving into the High technology Post Industrial Era but into the pre Industrial she said. I think we re moving if the capital outflow trend in t reversed we re not going to have a Canada anyway in English speaking Canada or in government controls on capital movements might be needed to Stem the tide said is. Jewett a Liberal turned new Democrat. She said the Canadian Economy including investment needs a far higher degree of economic plan Ning by Federal and provincial governments. I would rather have guidance than nationalize she said adding nationalization of an Industrial Leader could nevertheless be beneficial. Oodles of in the form of protective tariffs and in vestment incentives for Canadian Industry Haven t been selective enough she said. Secondary Industry modelled after the u.s., is enormously inefficient though in the electronics plastics Furni Ture and some other areas specialization has occurred. She was optimistic about former be Devoir editor Claude Ryan s election last saturday to the que Bec Liberal party leadership. With the intelligence he will bring to the separatism debate within Quebec he could win labor the Young the intellectuals and artists in that province away from Rene Levesque s nationalism. She predicted the Young will re Spond better to Ryan than to his rival Raymond Garneau whom they regard As an old line Liberal even though he s younger. Quebec and the West Are economically and culturally dissimilar is. Jewett said but both feel on the fringes of National policy decisions she said. She said the solution in the West lies equally in the economic and political realms not Only greater Western representation in Federal boards commissions and Agen cies such As the National Energy but greater Western re Liance on its own Money for eco nomic development. Sat. April 22nd, 11 . 75 cars and trucks. Indoors and heated i 72 Pinto sett Ira win. 74 Ford Ion 74 Capri 75 Ford Ltd 2 it. 76 ply. Inn fun. 75 Dodge dirt 71 Comet it 03 Chev. Bil air 70 Chev i Pili 75 ply. Fury Llull 76 Chrysler 73 merc. Can Marquis 74 Bobcat sin. Win. 72 Ford i ton 69 Dart Ladin 71 Olds i Din 73 Chev Cipricia 2 or. 72 flick 4 or. 73 Torino grind Fudin 72 Ford Rint Wigon 69 Ortink 75 Csc slim Gondi 72 Dat Sun 71 Comet it 74 oat Sun 610 71 Dart Dinon 73 Vega Hilch 71 Maverick it 72 Chevelle i or. . 68 Ford Len. Win. 72 Dart swinger 69 Vin 74 Chev ten. Win. 76 Pinto sin. 74 Matador 72 Dodge Eldin most sold with safety certificates s1qq. Chsn Deposit required Jit the time of put Nase Tony Rise thu vehicle will be resold immediately. Full settlement required by the following tues Day. 5 by Cash or curl Iliad Cheque. Remember vowing All Duy and evening thursday and Friday. To want you to have a Good look Bulo c Sale time. You Are very Welcome to dealer s clearance Bank repossessions every sat. Subject to Phe Sale consignment Welcome associated Auto auction 769tache Awe. Pm. 247-9526 consignment Welcome City of Winnipeg bicycle auction sat. April 22 . Mpg. Coho. Centre terms of Sale Cash i immediate removal Alert auctions 589-1346____ Sal whale Sale 9 12 noon auction .1 , 2 p. At. St. Lukes Church Stra Brook Nassau j Stanley garage door never again at these Low prices still dooms 1 1 pc. .1o8.oo 1 pc. .1 2o.oo 2-8x7 1 pc. .108.oo 10-3x7 1 pc. St33 embossed .1 2o.oo 2-9x7 1 pc. .1jo.oo 6-10x7 1 pc. Plain .144.oo 6-10x7 1 pc. 1-8x8 1 pc. Plain. .144.oo 2-9x8 1 pc. Plain .215.oo sect. Sect. 2-8x7 sect. 10-8x7 sect. Embossed.149.0o 10-9x7 sect. Embossed.159.oo 10-10x7 sect. Embossed.19s.oo 5-10x7 sect. .188.oo 2-12x7 sect. 10-16x7 embossed.345.oo 3-1bx7 sect. Plain.385.oo damaged doors 1 pc. 1 pc. Plain.98.oo 1-8x7 1 pc. Plain.9b.oo 2-8x7 1 pc. Embossed.98.oo 1-9x7 1 pc. Ii 1-9x8 1 pc. Plain.135.oo 1 pc. Plain.135.oo 10-9x7 sectional Plain.135.oo 3-16x7 sectional Plain.29s.oo sectional Plain. .29s.oo 2-16x7 sectional embossed.29s.oo installation available Freo delivery Stanley automatic garage door openers.189.oo limited quantities All doors 1 or. Warranty g1ndar doors Ltd. 156mcphillipsst. 774-9393 774-9371 unreserved auction Sale of Manitoba Hydro Manitoba Telephone system equipment time saturday april 22 1978 . Location Corner of Seel Otter fort Garry Winnipeg Manitoba half tons three Quarter tons m 1971 1975 16 1972 1974 Ford fold Tiev Chev Dodge Csc inc of Dou inc Ono Crow cab cars station wins. Vans panels 11 1969 Csc 2f 1970 Dodge Foid Ford Chov Chov one tons Plymouth .1 1971 1973 cd Ovillo Chov Fords a my two three ton trucks 1069 Faroo -1x-1 a Fri to inc 4x4 Dock 1967 Fargo line body Winch 1970 Doc in 1970 Ford Foro 19ti8 chum Ich 1972 a Tiv 1971 Dodge diggers 1969 Dot Jio Kofl had Digger 4x4 i9g9 Furgo King had i roof Rtx-1 1969 King had Dif Loor Doddle 4x4 1970 Dodge Digger 4x-1 1972 chum Digger a body 1970 Dodge Digger body snowmobiles Bombardier 1969 nordic King had Digger a Leking ii had Highway tractors do Flo 1969 White tractors loaders 1968 Ford 40 104 Al spa Ford-1000 diesel 201 19c9 the Hough Model 30 miscellaneous equipment trenchers 1969 Atli is Copco compressor s trailer 19b9 Foremost soil track Muskeg machine slake Box Divus trencher 18 . 19g7 Vormor t 600 Ditcher 6b he 18 wide 6 deep Aspen Wood Chipper powered by Ford Industrial molar. Myers Awoonor with Gutter Broom Dos on tiny Krutil und . 1976 f500 Ford. 2000 Molob. Complete with still area till with bucket. Bus Ford v8 forklifts 1975 Allis chill mods diesel Auto i960 inc ii . Trailers Divila tilt trailer 2000 in. 1972 Davis till to Nils -1000 it 3-1972 Davis tilt Tryr. Soon i9w t huh cubic Tryr. 6000 in. 4x4 s 1971 do Flo ton i Clio 1q73 Chow i ton window panel inc Ion viewing Friday april 21 . Saturday until Sale time listing to additions deletions terms conditions of the Sale Cash Cort tied Cheque Bank drafts private company cheques Wilh proper identification a letter of credit rom the Bank. Anyone issuing an psf Cheque or Slop payment on a Cheque will be liable for inconvenience Legal fees. Moryck auction service auctioneer Dennis Ken Morrow 247-6944 manufacturer s clearance ,.0f sizes style ranges lines. On Over 750 men s ladies leathers suedes sheepskins this weekend Only ladies leather and suede Spring jackets Reg. S99 s to while they last limited quantities Only this weekend Only men s leather and suede samples Spring jackets White they Reg. K in last limited Only this weekend Only mens sheepskin Reg. Coats 150 while they ;