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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 2, 1972, Lethbridge, Alberta g _ THE LETHBRIOGt HERALD Autjust 1, (CT1 OIK- j I ho year's must Uianklo.-s jobs for Omnium miment offi- cials here is Irving lo mtiMvst Canadian firms in I ho uiea ut sell i it E up mitU'ts in KriUnn In tako atkimtiiiH' of I lit' monl of tlio L'oiu- 3H011 Mlll'kl.it, The ovt'ixtll unction so Ear from (.'aiiiicluin tins been one iif silt-net1 although sources iiuHt-atL1 this may be clumping. Several of- ficials inlervicMved cniitoiulec! tint interest is de- veloping evt'ii IhmiLili only a handful of Canadian comim- nies have nuide c o n e r c t c moves to establish subsidiar- ies or tin ley outlets in UviUiin, No otic is ceitiiin of the ex- tent to wliieli Riilirh entry in the Common Mnrkd at the of will affect exports luit mcwt indicate1 fiu-y fet'l the harm will largely lie sliiu't-tmn. lit the IOIIL; haul, Hie consen- sus aiuonti business leaders .set-ins to ho of lite community to ID mi'in- liers from tin1 presont six will eveuliudly enlirtiec HIP pros- pects for sales to a dcLjree will offset tosses from the removal of tho duty- free? provision far to Hi itain. l-'AL'K TUHI-'.F. ('HOICKS For tlie CaiKuiian business- nnn wants to remain competitive in selling lo liril- aiit or other market countries, there are three basic options: To accept 'he new Common Market tiiriff of nhoul 10 per cent mul try to reduce cot-Is in oilier ways lo offset this mlded expense; to establish u subsidiary in a Common Mar- kei UriUiin order to produce and sell within llio duty-free area, or to establish some form of jniul venture with a company already operating in ttie Com- mon Market. Cauaciian trade officials say I hey believe expansion is pos- hiliiii and desirable. The main Canadian prod- ucts likely to face deteriora- tion in their competitive posi- tion in UitJ Hritish market entry are wheat, barley, tobacco, a I u m i n ti m, lead, steel and paper products other than newsprint. Officials believe firms involved iti these areas will depend on I heir established melhcds of marketini; on the basis thai Hie increase in the sm; of the nuirkel available li> their distributors will offset the added imposed by the imposition of the common tar- iff. liul n number of Canadians here that there art; a growing number of conOern.s i u Cannthi which con til feasibly expand by establishing a .sub- sidiii ry in 11 ri t a in or e I se- where iti the market. There is some concern among Ciundian officials Ibat the wave of United Slates in- vestment on the Continen! in the last deeailo may also prove a major obstacle to the preservation or expansion of Canadian sales in the try British market. Under the new arranfic- ineuts, it will be these Kuro- pean-based .subsidiaries thai will have preferential access to Uritain-iiol Canadian man- ufacturers exporting f r o n; I'aiKicin. ADVANTAGE LOST The 10 per-cent tariff is not In it.self regarded un iimir- jnountiible barrier. Differ- ences in rates of influlion from country to country, oeean shipping costs and tlo- incitic production costs can be just a.s important as terms of access. Hut for Canadian exporters, the tariff i.s crucial in the sense thai it not only wipes out their earlier advantage of having duly -f r e e, entrance hen; bul severely rest rids their eompulitivem-ss ujiainsl products of both firms and subsidiaries withiti Ibo com- munity. On the other hand the rela, lively transitional period available for liritinn lo mesh into the KKC tariff should CP Air iiiuni on laro ralos VANCOUVER (CP) A spokesman for Cl' Air said today thai his company i.s not prepared to imike any stnte- nietit on the new fare schedule announced tbi.s morninf; by Air Canada. He said the reduction would be carefully studied by CP Air executives. The spokesman .said thai Air Canada's announcement oullm- iiif; icdutitioii-s of more than per cent in domestic fares was nol expected by CP Air. The airline is Air Canada's only competitor on domestic routes, but i.s restricted by the federal government lo supplying per cent of available .seating capacity. Canadian exporters lime to search ont new imirkels If they wish, Canadian exports will not bu subject lo the new luriff schedule until Jan. 1, At tlial time they will bo subject lo a lax cruifil to 40 per c-tint of the full tnriff. 'I'lio remainder will be applied tlur- ijiji next few years. lii-xiiNS FHICOKHICTON (CP) Tlie Lion in Winter opens the sum- mer season at Theatre New Brunswick. Jack Medley will play Kiiif! ]lenry and Joyca Campion bis t o m p e .s t u o u s queen, Noel Coward's follows, and the third play will Lc a Koydcau farce, A Cowu for His Mistress. LCacb play v.'ill run for three weeks. Here's help in getting ready for the long week end ahead. For our specials, we've chosen the kinds of food we're sure you'll be need- ing-whatever you plan for the holiday. If it's a picnic, backyard barbecue, patio supper, or just delicious indoor meals, come get in on the extra values we have for you right now. At pleasingly low prices, too! SAFEWAY STORES CLOSED MONDAY, AUGUST 7th WORTH REPORT "A CHOICE OF FUTURES" per copy Still Available at Safoway. PZiTfl Lucerne Fresh Creamed Aylmer Canada Choice Canterbury Orange Pekoo 60 bag 8 oz. Nel Wl. Pkg.......................ea.. Taste Tells Whole .or Button Taiwan Choice JW 9 10 Fl. oz. tin mm tot tin 'W for Kraft Dressing 32 Fl. 01. Jar............. Each Fresh Canada No. Grade Thompson Seedless Add to fruil salad Alberta Canada No. 1 Ib. ib. bug w HI Country Paper Bag Prices Effective in Lethbridtje Aug. 2-5 It's Now Canning Time at Safeway! VINEGAR Canada White 128 Fl. oz. Jus SUPER SAVER 1 Ib. bag Discount Price Fresh from B.C. Canada No. 1 Check These Super Savers OASIS DATE CAKE ToaihnBrt.r FMi......................55' DiCED BEETS en ecu RHMC UUIV J Mrs. Willmans Blueberry filled Pica, of 8 SUNDAt I Slaffords 4 Flavours 9 Fl. oz. [ar for CHARCOAL FLUID Slaffords 4 n. 0, iar Christie's Cheddar Cfieeso Onion 'n' Choeso 4 oz. net wt. box for Wizard Ughfcr >32 Fl. oz. Tin Safeway Fresh 18 oz, Net Wt. Loaf I FRESH DONUTS Flexible Straws cPk? Skylark Old Fashioned Pkg. of 12 EVAPORATED MILK 16 Nrt w, TlB dnLlVJ M, Freeze Pkg. of 8 10 Fl. oz. Pkg. MARSHMALLOWS hag And Thasa til Discount 590 Caramel Corn Jacks lor for lor for for Licorice Ailsorts 49fi w Kooi AW JVMXeS 4 oz, NCI Wt.