Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 6, 1982, Winnipeg, Manitoba Winnipeg free or Winnipeg free press Freedom of Trade Equality of civil rights Liberty of religion published six Days a week at 000 Carlton Winnipeg r3c oc1 by Canadian newspapers company limited Telephone 9439301 Winnipeg free press 1872 Winnipeg Tribune 1890 Donald Nicol publisher John Dafoe editorial Page editor Murray Burt managing editor Rudy Redekop controller Lii Tirio Jului Lulb All sorts of problems could arise if Provin Cial investment such As the Caisse do depot in Quebec or the Alberta and Saskatchewan heritage funds got control of major corporations operating across As prime minister Trudeau said last the Caisse could take Over control of Alcan and decide that it should close Down its smelter at and keep open the one at it could even determine that Alcan should expand in rather building a new smelter in that and similar could theoretically what is is that the threat is not imminent and that the problem is much too completo be solved by the Bill rushed into the Senate last month by the Federal that Bill would limit to 10 per cent the share which could be held by a provincial fund in transportation or pipeline companies which operate across provincial it would also deny them voting rights on the boards of those the aim of the according to is to prevent provinces from imposing their policies outside their boundaries in areas which come under Federal Juris transportation is clearly a Federal which is Why the Bill was worded the Way it but the Federal government controls transportation through the Canadian transport which can Tell railways which lines to open and which to and a great Many other things As that control applies no matter who owns the majority of but the problem of share ownership by provincial invest ment if it is a extends Well beyond the transport the proposed Law would limit the Crisses control of the Canadian Pacific the immediate focus of concern because it already owns nearly 10 per cent of the railways shares and has asked to have a nominee on its it would also limit its shares in now standing at almost eight per but Only through the Accident that Alcan has a transportation outside of the transportation it would be it cause some real Quebec finance Jacques says it would put thousands upon thousands of jobs at which May Well be an but it would deprive the funds of the Opportunity to invest the Money for which they were responsible in the most profitable Way and it could stand in the Way of creative investment decisions which would be of Benefit to the there is reason for concern about the massive funds controlled by some provinces the billion in the Caisse de the billion in the Alberta heritage fund or the billion in the Saskatchewan whether those funds Are any More cause for concern than the massive resources which Are controlled by private individuals or private companies is open to what is Clear is that there is no imminent danger that the provinces involved plan to use their financial Power Abusi that Means that there is time to assess the real Cor Cerns and to work out controls which will prevent abuse without risking the unforeseen consequences which could arise from the Bill now before the three Ontario and have already proposed Federal provincial discussions on the if Trudeau intent As he to forestall another Federal provincial he will agree to their Ireland catches up Irish dominated for Over half a Century by two parties and by the memory of a bitter civil is slowly catching up with National social the change has been happening a growing proportion of Ireland electorate has stopped being haunted by questions of who committed treason and who behaved realistically in relation to a treaty signed in that granted free state status within the British Empire to the 26 counties of Southern Ireland and retained the largely protestant six Northern counties As part of the United the Irish free state became part of the British common wealth and then an Independent Republic outside the com during those the fundamental divisions created at the time of the 1921 Anglo Irish treaty were kept alive by the conduct and rhetoric of the country political what became known As Fine Gael United today led by Garret was the party of conserva Tive nationalists Michael Collins the big Arthur Griffiths and they supported and signed the treaty As the Best achievable powerful were denounced As traitors by maximalist who insisted on nothing less than full Independence immediately for All 32 and found themselves in a civil maximalist shot the big fellow in the conservative nationalists and maximalist dominated by the austere Eamonn de Valera founded the fianna fail soldiers of destiny party in entered the til then scorned Dail House of commons the next year and began 60 years of rivalry for political these parties still dominate the scene but the old tricks work less Well than half of Ireland three million population is under 25 years of for the civil War has no most of their parents Are too Young to have anything More than an opinion forced into them by bitter and vengeful grandparents of today fianna fail Leader and prime minister Charles Haughey tried to play the modern version of the civil War card during the talking of the need for unification of North and the ploy did not help he lost five ending up with because his obvious mismanagement of the Economy made a bigger Dent on the voters Fine Gael Leader Garret who lost an election and Power last february because he concentrated on the Economy and proposed a Tough gained six seats for a total of his gains partly reflected his lesser attention to the unification greater attention to the bad state of the Irish swing voters needed Little reminder of the country 17 per cent 13 per cent a employ foreign debt approaching billion and a current account deficit of Well Over another reflection of the movement in Irish politics was the attention paid to 32yearold Dick new Leader of the Small labor who has risen from obscurity to prominence in two Brief who has Little patience with those who dwell on the civil and who has been Given a Pivotal role in the new Dail by virtue of electoral labor has 16 seats up while independents have Only giving labor the Power to choose the next prime Spring favors a coalition with Fine despite some opposition inside his Spring will probably have his bringing him a Cabinet Post and the Chance to soften the harsher of fitzgeralds budgetary schemes for cleaning up the Haughey the dream of one United Ireland is not dead in the republics it has just been allotted a place in the priorities of younger voters that reflects the passage of time and a More hardheaded the change is for ownership the Saskatchewan through its new farm lands Purchase is attempting to encourage the Farmers in that province who Are now leasing land from the government to buy it is also attempting to prevent government support Money from being used to help the Rich get the government has charted a course toward private farm land ownership that is similar to the careful approach it has adopted where other former government policies Are con it has pledged to Honor and renew All present leases where those Farmers holding them wish to continue to rather than to own their it has imposed financial restrictions on applicants who want to use the new Purchase plan to acquire it will prohibit any provincial Assis Tance going to anyone who has a net Worth of More than or a net family income of More than for those who do it promises substantial subsidies on interest rates Over a ten year it plans to operate the scheme using the existing Federal farm credit Organiza thus to whatever degree the Crea Tion of a new provincial As with All programs of All this one has been introduced along with predictions of massive considerable Saskatchewan agriculture minister Eric Bernston has suggested within 27 the plan will be responsible for new Farmer owners in the this will be he with the expenditure of million in provincial if the old land Bank scheme operated by the former Saskatchewan government had As its objective the discouragement of it although the scheme had provisions whereby tenant Farmers could buy their own in ten years Only 152 tenants exercised this it seems that All the time i was watching threes company on he was reporting to the Applebaum Hebert Over optimistic minister by Wilson special to the free press Ottawa in the midst of a recess Ion As severe As this it would be almost irrational to criticize a finance minister for regularly displaying a considerable degree of and yet it is easier to believe the statements of governor Gerald Bouey of the Bank of Canada than some of those of Marc the trouble is that Lalonde leaves you hoping fervently that he is right and scared that he is dead the governor does not put you to quite the same confident it is not Long since Lalonde was pretty confident that the recession had touched Bottom and things were poised to turn no one could take any pleasure in finding that his optimism was that in fact the final Quarter of this year got off to a bad Start with further declines in production and new now the finance minister is equally confident that not Only wage increases but Price rises As Well will be in the sixt five Range next there seems to be a reasonable Chance that increases in labor costs will indeed be within that magic Range Given the extreme persistence of this inflation and the slowness with which it has responded to a draconian approach in this it takes a great Deal of optimism to believe the finance minis Ter is in the Case of performance May already be better than the finance minister claims or the governor of the Bank the both by Sta scan and the conference cover companies with 500 or More after remaining much too High Well into the by last Spring wage increases in these Large establishments were running at about the six percent level or slightly it is by no Means Clear that the great mass of people who work for smaller firms and More often than Are no unionized were getting nearly As much in wage in Many they probably got no increase at All this these smaller companies Are As a the ones that count when the problem of maintaining International competitiveness is under it is the labor costs of the bigger companies that smaller increases that is not the whole when final consumer demand is the Factor under the smaller employing fewer than 500 mat Ter a great Deal because a Large part of the labor Force works for that sort of if it is a reasonably Well educated guess that workers in the nonunion companies have been getting smaller wage increases than the unionized work forces of the bigger there is an added anti inflationary Factor at while we May All Hope fervently that Lalonde optimism proves to be it would be just As Well at the same time to pay close attention to the considerably different tone adopted by he for one been in the ant inflation business a lot longer than the finance minister Ard he has suffered a lot More disappoint ments along the in he most re cent Public speech he had this to the strains to which we in Canada Are now subject have been much intensified by resistance to the ant in Flati onary whether due to the persistence of expectations of High in or to rigidities in our economic the trend of salaries and wages has responded much less flexibly to the developing situation than was the result of All this is that a reduction of the rate of inflation in Canada has been accompanied by a severe decline in economic simplistic bogeys announcement that the Bank will no longer rely on the increasingly simplistic measure of the Money has prompted some speculation that he is changing there was no evidence of that in the speech in the entire thrust of which was that the Effort to control inflation must be he showed some satisfaction with the Progress so far but it is much less than the decline of inflation in most of the countries with which we so the Progress we have made to a better Price and Cost performance needs to be the More rapid that the better will be our prospects for a resumption of real bureaucracy plus recent claims by critics of the Winnipeg Core area initiative have suggested that Only 16 of a projected jobs have been created to this of is erroneous and As estimated some 250 full time jobs May have already been created for the critical administrative and planning stages of the project and will continue to increase As Many of the yet undeveloped plans become a Reali for each of these plans at least several administrators will have to be added to the coordinators and for each of these several technical staff must be for each of these several consulting positions will be and for each of several Community advisors must be added to assure Community this will require More office space and generate construction and for which additional administrative and planning staff will have to be As the plans there will be an increasing need to coordinate the activities of those involved and site of air Canada Centre therefore staff must be added to review and revise the initial it is entirely realistic to visualize More than jobs in a Short period of time and a resultant shortage of space in the Core the structures and jobs created will then be in place to propose expansion of the Core area to approach the governments involved for More funding to continue planning for phase ii of the project that the creation of another in a there May be As Many As administrators and planners housed in the Core the govern ments involved May then Point to the Success of the Core area initiative and further pursue its objective of creating Nickels Winnipeg priorities when campaigning for their Posi Winnipeg City like All made great promises about How the needs of their constituents would always be their first they accepted their positions at a specific rate of about a month after they awarded themselves a pay we Are informed after the end of the swimming programs senior citizens at City pools will no longer be free that civic employees May be asked to give Back part of a 1983 wage increase or that some May lose their jobs that property or sales tax May increase that City services May be Cut or transit fares May it is obvious where the priorities of the councillors we strongly disapprove of their raise in we feel their treatment of the citizens of Winnipeg is disgusting and de Walsh Gobeil Buchholz Barsalou Beaupre Winnipeg letters the Winnipeg free press welcomes letters trom writers must give their name and names will be used and letters Are subject to inaccurate figures band together nuke weapons president Ronald reagans speech on november 22 on his plans for the my missile and disarmament can Only indicate that the United states is not willing to negotiate an arms reduce the deployment of the my missile will do nothing to deter the but it will pressure them to work harder to counter the United states with bigger and better Reagan states that weapons Are needed to prevent the United states and the soviet Union have enough weapons to prevent War until the end of the world has nuclear which is equivalent in explosive Power to Hiroshima contrary to what Rea Gan the world will not be a Safe and peaceful place if More nuclear weapons Are added to what already Are unsafe the my missile is just part of reagans during the next five years he proposes to spend billion to upgrade the entire strategic forces of land and sea based nuclear delivery the cruise missile soon to be tested in can be armed with a War head 15 times the size of the Hiroshima its ability to avoid detection makes it an effective first strike Wear it costs about million for each missile and the Pentagon has ordered billion the Trident nuclear submarine can destroy every major City in the soviet the Reagan plan for defence Calls for 15 of these vessels at a Cost of billion Reagan has worsened relations with the he has condemned the disarmament movement with the false statement that it is he has not agreed to pledge against first strike with nuclear he has done everything possible to keep the arms race this is not a Man committed to a global nuclear War is inevitable if the general Public does not do every thing within its Power to change the course of events that might Lead to this if you about the survival of Earth and its join the Dis armament Barry Winnipeg encouraging it was encouraging to read the Edito rial dangers of dense pack free november which accurately describes president Ronald reagans my decision As unnecessary and and which Calls for the americans to begin serious nuclear weapons negotiations with the new so Viet the free press should continue both on its editorial Page and in the news sections to speak out in favor of peace and for nuclear two future items which you should seriously consider supporting Are the grassroots movements to prevent the cruise missile from being test flown in and the growing nuclear weapons freeze Campaign logical first Steps leading to actual reduce Martin Zeilig Winnipeg birthday Reginald Ontario born in december Agnes Rolski Winnipeg born to december while the Overall message of sound financial planning was rightfully advised in the article Money advisor urges free october 25 i tace exception to some of the other remarks in the Atkins must feel that he can build himself up As a financial counsellor by knocking Down the ser vices that Banks and insurance agents i dont mean to Knock Winni pegs Only Independent financial coun but Why would an investment dealer such As Merrill Lynch advise in their financial handbooks to budget five per cent to seven per cent of a family income for life insurance Atkins must know More than Merrill Lynch Royal securities what credentials does Atkins have that can objectively Knock other financial institutions especially when he started playing the Market and making All the mistakes investors How realistic is Atkins idea of setting aside Ayears Worth of income for a Young couple starting out i also Hope that Atkins real izes that his figures Are in this income taxes would have to be paid on that 10 per cent interest earning Over 40 so that the net figure would be substantially lower than the Atkins should make sure of his own Points before he starts putting Down life insurance and his message of urging people to save was but perhaps there Are other financial such As life insurance Bank accountants and stockbrokers who Are just if not competent than Nelson Hoe training supervisor new York life insurance Winnipeg while at a seminar on nuclear Dinar it became Clear to me that there is not much Hope for this planet unless we band together and convince our governments that this insanity must there is reason for but we must act quickly to develop a will across the world to once there is the will we will find the Way to carry out this difficult the Job ahead is not but i for one would rather suffer a Little now than suffer a lot i do not wish to see my children die a protracted death from radiation so let us All talk about nuclear Dinar let us convince each other and support each other in taking a it is important that we join together by voting in the upcoming referendum in by marching in peace by writing letters to maps we must flood the world with a desire for nuclear Adolf Andres negotiations with Santa broke Down making the possibility of a strike highly i ;