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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 24, 1972, Lethbridge, Alberta ______Monday, April 24, 1972 THE LETHBRIDGE HERAID 5 Committee studies need for ownership contn EDMONTON (CD A select comm'Ltce of the; Alhcrla legis- lature was established to exam- ine, among other tilings, the for restrictions upon non- Albertan or non-Canadian con- trol of certain key sectors of the province's economy. The nine member commit- tee was also instructed to: recommend ways and means which will ensure a greater participation by Alher- tans in the am! con- trol of the province's industry. investigate and assess waj'S and means of providing as many opportunities and in- centives as possible for Alger- ians and Canadians to invest in the equity ownership of com- panies operating t h e province. assess tile economic con- sequences of any proposed new federal restrictions upon invest- ment within the province. evaluate the extent of suf- ficient sources of investment unds in Canada and AlterUi or the future economic devel- ipment of the province, and he need to create jobs for people coming into the >rovincial labor force in the icxt decade. The committee, under chair- man Julian Koziak monton was asked .0 submit its report and recom- mendations no later than the 1973 spring session of the legis- lature. Ask About The NEW INVISIBLE MULTIFOCAL LENS (MULTILUX) The other are Don GcL'.y, minister of federal nnd inter governmental affairs, Tom Chambers ton Hon Gliittor (PC- Calgary BuffaloJ, George Up Lcm (SC Calgary Grant Nolloy (NnP-Spiril Ri- ver-Fair vinw, Peter Trynchy Hoy Wilson and I.cs Young Jasper backed by bill EDMONTON (CP A bill which would allow the provin- cial treasurer to guarantee cap- ital cost borrowing by certain types of co-operatives was giv- :n first reading in the Alberta legislature. George Topolnisky, minister without portfolio responsible for rural development, said the proposed amendment w o u 1 c broaden the Co-ooerative Mar- keting Association Act so tha water co-operatives could have capital cost borrowings guaran- teed. required a major manufacturer of relocatable homos and industrial camps located in Albcrla. Good opportunities for advancement wilh one of Canada's faslest growing firms in their industry. For delals contact or wrila to: Mr. C. B. Thomas, Personnel Manager SAFEWAY Shelter Systems Ltd. P.O. Box 970, CLARESHOLM, Alberta Industrial Airport, would also raise the limi Lation of the liability under thi act lo million from mi] lion. The legislature also gave firs reading to a bill which woul amend the Agricultural Social ies Act. Agriculture Minister II u Horner said the purpose of. th bill is to remove restriction which now prevent communitie fairly close to major mctropol tan areas from forming an ricuHural society. The amen< ment allows for ministerial cli cretion is setting up new agr cultural societies in Hie pro1 incc, Peter Trynchy f court) introduced the Statute Repeal Act 1972, a bill would repeal a number of ac that are no longer in use an some acts that were never pr claimed. "I am pleased to report th< one of the acts to be repealed is the Alberta Social Credit Re- alization Act, which I feel is of no value to this Mr. Trynchy said before he was shouted down by Social Credit opposition members. Alberta, governed by a So- cial Credit administration for 36 years, elected its first Pro- gress ive Conse r vai ve go ve rn- men last August. They're important rocks Jr. BO.MD U.S. EMDASSY ROME (AP) Three bombs exploded in the courtyard of the U.S. embassy Friday, but the embassy said no one was hurt and the only damage was a scratched car. It was believed the bombing was a protest of U.S. bombing of North Vietnam. HOUSTON1 fAI'i on earth are intripici! hy two gleaming locks found by Apollo 10 asUorKiuts