Winnipeg Free Press

Winnipeg Free Press (Newspaper) - November 17, 1981, Winnipeg, Manitoba 4 Winnipeg free november 1981 More Farmers being pushed to bankruptcy Ottawa up an increasing number of Farmers were pushed nto bankruptcy last month by continued Low Market prices and High interest rates on the Loans needed to run their federally compiled statistics in the released yesterday by the bankruptcy Section of the consumer and corporate affairs show 230 Farmers went bankrupt in the first 10 months of compared with 184 in the same period last at the end of 191 Farmers had gone out of 27 More than in the first nine months of agriculture department officials offered no Concrete explanation for Why the bankruptcy rate jumped sharply in october and now is 20 per cent higher than at the same time last a decline in Grain and Corn prices because of bumper crops in the West and Ontario May have been the final Straw for Many Farmers who were already imperilled by High interest rates and production and by livestock prices which for months have been below the Cost of raising the John progressive conservative agriculture said the bankruptcy increase reveals the significant Impact of input interest rates and Energy prices along with continuing Low Market unless conditions bankrupt ices will be More significant next year and in Vic new democratic party agriculture agreed there was no one reason for the bankruptcy there just Doest seem to be any break in a declining and interest rates Are not letting theres been no economic change to encourage Bankers to wait or Farmers to hold measures in last weeks Federal Bud get will do Little to help the producers who Are going Althouse agriculture minister Eugene Whelan said in the commons that More than half of All Farmers Are in Good shape because they belong to marketing boards which ensure them of steady the in its said last week it would allow unincorporated Farmers in financial difficulty to apply for Small business development it also put million into the budget of the farm credit to provide emergency refinancing for Farmers unable to get the and million to reduce the interest rate on those Loans to 11 per wife said the budget is not really meaningful for it is a Small step in the right direction to Deal with a Gigantic budget termed without heart in ill in continued from Page 1 Tising interest on Loans and prop erty before the investors were allowed to deduct these costs immediately and in those expenses must be added to the capital costs of the project and written off at the rate of five per cent a Clark also blamed the budget for destroying investor Confidence and causing a drop yesterday in the composite Index on the Toronto Stock which fell 40 Points in analysts said investors had the weekend to assess the budget and now Are bracing themselves for a Bleak Liberal my Jim Peterson argued the International business Community has responded favourably to the budget and cited As proof the strength of the Canadian which Rose to cents yesterday from Friday Maceachen has said that equity is the Central theme of his financial Docu but Clark and Broadbent complained it hurts More people than it it offers Only meagre Aid to Home Farmers and Small business men faced with High Energy prices and interest rates and does nothing for renters or the minister pretends to turn out a helping but that hand turns into a fist that socks them the needy in the he in Montreal Pratt and Whitney aircraft of Canada yesterday announced a 10percent production Cut for said it plans to Lay off up to 610 production workers in the coming weeks at its huge production facility in suburban the first 475 will be let go at the end of this a company spokesman the company blames the current recession for a drop in demand for the kind of planes that use Pratt and Whitney and in More than 800 workers at Budd Canada been Given notice of indefinite Mike Plant chairman for local 1451 of the United Auto workers said 128 workers got their notice of termination and or indefinite Layoff effective last an additional 199 workers received Layoff notices effective 8 and 499 received notices for freighter Burns the sudanese flames spread to the destroying a Large storage shed unregistered can still cast a ballot neighbor voting at same place can vouch for those not on voters list continued from Page 1 gag interest Relief scheme intended to help homeowners in dire the party also pledged to improve the Manitoba forestry resources com plex at the Pas to the tune of million to implement a program to revitalize the main streets of Manitoba towns to expand the Man Date of Manitoba Mineral resources to establish an office in to fight the proposed Garrison diversion and to reimpose rent con Farmers would Benefit under the nip from a family farm changes to the Manitoba agricultural credit income subsidies for beef and abolition of the capital gains tax on family pensioners would have increased Pha Macare and reformed pension Manitoba children would have dental care coverage and Day care standards and workers would have new rights under provincial workplace health and safety although the conservatives based most of their Campaign on the value of their three they did announce a two stage dental plan that would cover All Mani to bans dental costs by Hartline Ulster protestants disrupt House of commons and after last weeks Federal Premier Sterling Lyon introduced a emergency mortgage inter est abatement program that would Benefit about Lyon also reiterated old promises to construct an expansion to the Concordia Hospital and to provide a 10year water resource program for Rural the party Leader said he would be prepared to support the Legal costs of illegal satellite television operators if Ottawa takes them to the under the Leader ship of Sidney said they would find new sources of Revenue by raising taxes and by taxing excess profits of the Mineral they proposed to eliminate the tax on Home to bring electrical heat costs in line with Oil and Gas and to re Institute a Flat rate Gas Manitoban facing High interest rates would also Benefit from cheap Money at world interest rates imported by Treasury they polls will be open today from 8 to 8 voters who Are not registered can cast their ballot if Are vouched for by a neighbor who votes in the same polling continued from Page 1 Leader Paisley and two my colleagues started shouting when Northern Ireland Secretary addressing the House of com urged restraint by both protestants and roman catholics in the Belfast my Peter Robinson yelled the blood of Ulster is on your hands As prior said Brad Fords slaying was an Era attempt quite deliberately to use murder to provoke further speaker George shout ing above the uproar of English maps demanding out out get out ordered officials to remove Robinson and another Belfast John As the Trio continued screaming abuse from a gallery above their regular seats in the Paisley plans a huge rally in Belfast next monday to Demon Strate protestant anger at Brit Ains failure to contain the Ira and fears that London intends ultimately to hand Over the prot Estan dominated province to the we Are speaking of defying the Paisley told we can see that Paisley vows protests no District Council can work and no administration can carry on in Northern Paisley added the Ira has done something that is going to be the turning of the evidently referring to possible protestant vigilante said Thatcher had refused his demands to set up a Force in addition to the British troops in the province and its mainly protestant police we will have to show her a third Force has already he it would be absolutely wrong for protestants to take up arms against Catho hatred gives birth Only to a she said at a reconciliation is the path to Scotland Yard can celled All police leave in the Capi Tal and a search began in London and four neighbouring counties for the suspected Ira arms Cache sufficient to make50 officers and dogs were scouring More than garages and other buildings hoping to find the explosives and the Ira gang that police believe has set off four bombs in London in six killing three there is Irish terrorist group operating in London and we have Strong grounds to believe they have Access to something like 500 pounds of explosive Scotland Yards Deputy assistant commissioner George Rushbrook said at a news native rights Given Little Chance continued from Page 1 by have opposed reinstatement of a clause recognizing native the most outspoken opponent has been Lougheed who declared him self against entrenchment of native rights until they Are More clearly but who met yesterday with members of the Northwest territories legislative said Cabinet is still considering some Compromise to alleviate partially the concerns of Canadian women appeared yesterday to have had More Luck than Judy minister for status of said the majority of the nine premiers who signed the Accord have agreed not to tamper with a clause known originally As Section 28 says the charter applies equally to men and the leaders agreed in the Accord that so called override provi which allow Ottawa or the provinces to pass Laws conflicting with the would apply to several sections of the charter including one that prohibits discrimination on sexual in the Wake of the it appeared override provisions would also apply to Section 28 or that the Section would be taken but criticism from women and civil rights groups has apparently changed the leaders Baron then get from your Winnipeg Chrysler dealers Days and counting offer ends november 30 Dodge ;