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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 24, 1972, Lethbridge, Alberta Committee studies need ownership controls EDMONTON (CD A select committee of thu Alberta legis- lature was established to exam- ine, among other (Infix's, t li c for restrictions upon non- Albertan or non-Canadian con- trol of certain key sectors of Ihc province's economy. The nine member commit- leu was also instructed lo; recommend w a y s and means which will on sure a greater participation by Alher- Inns in the ownor.shiii anil con- trol of flic province's industry. investigate and assess ivays and means of providing ns many opporfum'ics and in- centives as possible for Albcr- tans and Canadians lo invest in the equity ownership of com- panies operating uiMiin Ihc province. assess the economic con- sequences of any proposed new federal restriclions upon invest- ment within the province. evaluate the extent of suf- ficient sources of investment Ask About The NEW INVISIBLE MULTIFOCAL LENS (MULTILUX) funds in Cannda and Allicrta (or the future economic devel- opment of the province, and the need to create jobs for people coming into the provincial labor force in tlic next decade. The committee, under chair- man Julian Koziak monton was asked to suhmit its report and recom- mendation.'! no later than the 1973 spring spssion of the legis- lature. The oilier mcmlwrs are Don Getty, minister of federal and inter governmental affairs, Tom Chumlicrs ton Hon Gliitter Calgary George Ho (SC Calgary Grant Nollcy Ili- vcr-Fairvipw. Peter Trynehy Hoy Wilson Cahjary and I.cs Youny Jasper backed by bill EDMONTON (CP A bill wliicli would allow the provin- cial treasurer lo guarantee cap- ital cost borrowing by certain types o[ co-operatives was giv- en first reading in (ho Alberta legislature. George Topolnisky, minister nilhout portfolio responsible for rural development, said the proposed amendment w o u I ti broaden the Co-ODcrativo Mar- keting Association Act so that waler co-operatives could have capital cost borrowings guaran- (ccd. required by a major manufacturer of relocatable homos and industrial camps located in Albcrla. Good opportunities foi advancement wilh one of Canada's fasleM growing Firms in their industry. For deluls conlocl or wrila to: rr-'S' Mr. C. B. Thomas, Personnel Manager SAFEWAY Shelter Systems Ltd. P.O. Box 970, CLARESHOIM, Alberta Industrial Airport, II would also raise the limi- lalion of the liability mitler the acl to million from S5 mil- lion. The legislature also gave lirsl reading to a bill which would amend the Agricultural Societ- ies Act. Agriculture Minister Hugh Ilorner said the purpose of tlic bill is lo remove restrictions which now prevent, communities fairly close lo major metropoli- tan areas from forming an ag ricultural sociely. The amend mcnt allows for ministerial creUon is setting up new agrt cultural societies in Ihe prov ince. Peter Trynehy court I introduced the Statutes Repeal Act 1972, a bill which would repeiil a number of acts that are no longer in use an' some acts that never pro- claimed. "I am pleased to report tlia I one of the acts to be repealec is the Alberta Social Credit Re- alization Act, which I feel is of no value to this Mr. Trynehy said before he was shouted down by Social Credit opposition members. Alberta, governed by a So- cial Credit administration for 3G years, elected its first Pro- gressive Conservaive govern- men last August. HO.MB L'.S. EMtJASSY 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. -----------MonJaf, April 24, 1972 IHE LEIHBSIDGE HflAlD 5 2 important rocks HOUSTON' 'APi Ccolofjisls on ourth jire iiilnpinl Ly intV.s lomul by Ki