Winnipeg Free Press

Winnipeg Free Press (Newspaper) - November 21, 1981, Winnipeg, Manitoba 8 Winnipeg free november up photo amount of help Bonds will offer farms is unsure interest rates protest westerners carry signs after arriving at Ottawa train rates to be held today on parliament the protest has station yesterday to take part in a protest of High interest been called by the Canadian labor provinces agree on new lottery agreement May leave door open for proposed Federal sports Pool Toronto of 1j Toronto up shareholders of the inter provincial lottery agreed yesterday on a new inter pro Vinci Al weekly lottery in which participation will be Reuben Ontario minister of culture and recreation and chairman of the which was attended by representatives of each said the new inter provincial lottery if approved by the provincial govern have implications and possibilities for a proposed Feder Al government operated sports but other than saying the Federal government would be Welcome a Price still to be negotiated to use the provinces online computer sys Baetz would not elaborate on the although the inter provincial lottery could be seen As Competition for the proposed Federal sports Pool in that it would strive for National ticket sales and offer Large Baetz said it could facilitate the proposed fed eral Start up costs Startup costs for the weekly lottery Are expected to reach million to Ontario and which already have similar would face min Imal Startup Baetz the new which would allow postal rates blamed for loss Ottawa up the Post office blames its million deficit in 198081 on the fact there was no postage rate increase to offset higher prices of transportation and including overtime the statement is in the annual report of Canada Post tabled in parliament this less than a month before the Liberal Cabinet decides whether to go ahead with new postal rates 1 that would lift the Cost of a firs class letter to 30 cents from the report says postal revenues increased by million to billion during the last fiscal but that was not enough to offset higher labor and transportation the deficit had dropped in each the previous three years and this was a this reversal is the direct result of higher costs without an offsetting increase in postal rates since the report the consequence has been the failure of revenues to keep Pace with inflationary tories query layoffs Ottawa up Industry minister Herb Gray yesterday said High interest rates in the Are mainly to blame for recent layoffs at Mas sey Ferguson questioned in the commons by conserva Tive Sinclair member for the Toronto Riding of denied that the parallel nomic slowdown in this country has had much he said 80 per cent or More of masses Cana Dian production to the United Stevens said recent layoffs at including at its bring to about the number of workers the company has temporarily taken off the almost half of its person work Stevens Massey has Laid off Only 18 per cent of its while More Massey employees in other coun tries Haven been hit by layoffs at Stevens also accused the government of being inconsistent in allowing Mitsui and Canada a japanese trading to do billion in business annually in Canada while employing Only ticket purchasers to six of 49 would have an average weekly prize of Between million and Baetz the largest if not won for several could reach million or even he Revenue from the new which could be running As Early As would be kept in the provinces where tickets Are sold and used by the provincial governments to finance different projects in different prov said adding that in on revenues would Likely continue to go to culture and recreation in the provinces reacted angrily when Federal minister of sport Gerald Regan announced his intention to operate a National sports the provinces accused the Federal government of reneging on a 1979 agreement for which they pay Ottawa million a year to keep out of the lottery game of skill Regan argues that the sports Wager ing which would offer prizes of up to million for correctly predicting All or some of the scores of professional is a game of and therefore not a which is a game of Baetz said hews unable to reach Regan for comment before announcing the new and although Baetz opened the news conference to announce the new lottery by saying the group Felt like doctors coming out of the maternity Ward and saying we have a bound Baetz supports new lottery ing at least one minister was More reserved in her Alberta culture minister Mary be saying her province is still awaiting word on How the Federal government will raise the million it has promised for the 1988 Calgary win Ter was cautious in predict ing her governments reaction to the although the 10 provincial represent province but Quebec sent a Cabinet minister agreed on the Lemessurier admitted the Western provinces were the most cautious in their the inter provincial lottery is already responsible for the provincial and super loto Ottawa up slowly falling in Terest rates and still undefined tax rules have left Bankers and farm groups unable to assess whether Small business Bonds will be Able to save Many Farmers from in uncertainty Over which farm ers Are eligible for the or emergency has caused several Banks to refuse to Issue them until the government explains the there appears to be Gener Al agreement the Bonds will help some financially trapped Farmers but not As Many As the government has tried to after months of lobbying by farm groups and finance minister Allan Maceachen announced in his budget last week that the Small Busi Ness development Bond program would be extended to unincorporated farm fishermen and Small business men in financial because the Bonds were to be used for survival instead of development was dropped from their and the formula to calculate interest rates was changed to reduce the Gap Between the Bond rate and Normal commercial commercial rates now Range Between 18 and 22 per cent while the Bonds Are expected to be about 14 to 15 per the High commercial caused by Federal monetary is one of the main reasons farm bankruptcies Are 25 per cent higher this year than program on hold while no one can say How Many Farmers Are in danger of being pushed into bankruptcy or forced to sell some animals or land to stay in there Are estimates that up to 12 per cent of Ontario producers Are in financial Bankers say the Bond program will Likely be on hold until the earliest Date the Canadian Bankers association could get a meeting with the Federal officials who could explain the rules for the spokesmen for three Banks say they will accept applications for the Bonds in Hopes they will be Able to Issue them after the one of their main uncertainties is what constitutes financial agriculture minister Eugene Whelan said this week the government is still trying to determine How deeply in debt a farm has to be to qualify for the it is also Clear that Banks will Issue Bonds Only to Farmers who Bankers think can turn their operations Back into Money the rest will be referred to the farm credit which has million from the budget to help bail out farms facing that will Likely Only be enough for 225 farm at least 230 Farmers have gone broke so far this 25 per cent higher than last the Canadian federation of agriculture has described the Bond pro Gram As totally inadequate to meet the financial needs of Farmers caught be tween High interest rates and Low prices for their nation John the conservative farm said an Independent re View Agency with Farmer representation should be established to Monitor the Bond program to ensure some reasonable degree of fairness and Equality in the Banks Vic Althouse and Nelson the new democratic party farm and Small business said the Bond pro Gram wont help enough Farmers to do any they also questioned Why the pro Gram was introduced without a definition of financial my raps heavy tax Burden Ottawa up the Burden of hidden taxes has doubled to a year per household since Allan Mac Eachen became finance progressive conservative my Jim Hawkes told the commons the Calgary West tory claiming social scientists have praised the Previ Ous government of Joe Clark As the most progressive of the decade labelled the current governments poli cies he asked Maceachen if the minister knew the difference Between a progressive in which the tax Burden increases with the ability to and a regressive system in which the poor Bear an unfair outside the Hawkes quoted figures showing that so called hid Den taxes Cost the average household More than a Federal sales tax he cited As example the Federal sales which is paid by the manufacturer or wholesaler before the con Sumer buys the this hidden Cost is passed on to the consumer in the final retail he said the conservatives were off setting some of these taxes with plans to allow homeowners to deduct Mort Gage costs and to Institute an Energy tax in the Maceachen de fended his budget As John tory my for the Toron to Riding of Don Valley also criticized Maceachen for tax policies which he said unfairly discriminate against Small Maceachen replied that the tax rules still allow investors to deduct some interest on investment Loans to the amount of investment income earned in the if the investment Doest produce any the interest costs can be carried Forward until the investment does produce the minister try fitness practise regular activity habits in a place where people enjoy investing in better i month is a Small Price for better personal health come Down fora guest pass skin scuba diving masters swim club mondays Friday adult swim instruction monday monday wednesday wednesday thursday fitness tuesday thursday Aqua fitness wednesday absolutely terrified tuesday Bronze Cross fitness classes monday Friday monday monday Friday Friday inches off wednesday wednesday is 2nc for Leisure fitness programs 7 weeks 8 visits 16 visits 8 weeks 8 weeks 8 weeks 8 weeks 8 weeks 8 visits 8 visits 8 visits 8 weeks 5 weeks 8 visits 8 visits 8 visits 8 visits 8 visits 8 visits 8 visits 8 visits introductory weight training wednesday mens 4 weeks women 4 weeks wednesday women 4 weeks jazz exercise tuesday dance raises monday aerobic dance tuesday tuesday 8 visits 8 weeks 6 weeks 8 weeks coed volleyball september to and youth swim instruction saturday saturday saturday 8 visits 8 visits introductory gymnastics 8 weeks 8 weeks 8 weeks saturday saturday 8 weeks 8 weeks Junior gym team boys begins september 14 and continues to May jazz dance for girls saturday fee 8 weeks youth racquetball league saturday 8 weeks nonmember member racquetball instruction saturday 4 weeks judo 815 years thursday 8 weeks youth basketball Canada Ages 811 fee for 1 child for 2 children for 3 children begins 10 for 4 children water Polo thursday 8 weeks leadership development flying Sharks saturday 35 weeks jazz dance introductory tuesday wednesday mens basketball september to p m and monday 8 visits racquetball instruction class two courses in each sessions 1234 class two courses in session 4 weeks wednesday 4 weeks wednesday 4 weeks thursday 4 weeks thursday 4 weeks ballroom dancing introductory monday Ballet introductory tuesday chinese cuisine wednesday thursday Home bar tending thursday cake decorating thursday 8 weeks 8 weeks 8 weeks 8 weeks 5 weeks 5 weeks 5 weeks 5 weeks Advance calligraphy the Art of lettering thursday Basic 35mm photography monday wednesday effective speaking tuesday hatha yoga introductory tuesday 8 weeks 8 weeks 8 weeks 8 weeks 8 weeks All programs begin week of november 1981 Aetna roofing at work experience counts Roy Slobodian Journeyman a craftsman with Over 20 years of roof experience so King the Community Aetna roofing 1200 Hie Winnipeg 6888440 ;