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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 13, 1973, Lethbridge, Alberta 10 THE LJTHBRIDCE HERAID August 1973 Citys best gardens You name it and odds are it is in the yards of the winners of the annual Leth- bridge and District Horticultural Society. Sunday was the day set aside for gardeners and would-be gardeners to tour and view the best gardens in the district. above and is the winner in the most unusual garden category. The gardener is Hugo of 829 15th St. N. Above visitors study the garden of Joyce 1006 17th winner of ths over 50-foot frontage section. Below Mrs. Stephanie 726 22nd St. shows a handful of produce that won her first in the vegetable garden section. Is inflation really treating us as badly as we make A NEWS ANALYSIS Inflation and spending both hit highest levels since the early 50s By AL SCARTH Herald Staff Writer Just how badly off is the Canadian consumer faced with rising prices for nearly all his daily Comparing him to his fel- low consumers around the the answer appears to be Comparing the rise in his cost of living to the rise in his the answer ap- pears to be Comparing the amount of meat he enjoyed in his diet 10 years ago to it has increased substantially. Comparing his standard of living to 'his fellow Canadian stuck on a fixed he is doing very well. There is no doubt that in- flation is cutting into his ever- rising standard of living. But some ask how long the con- sumer expects to continue raising one of the highest standards in the world. The extent of Canada's iso- lation from the world's real food problems was illustrated last week in a news confer- ence with Prime Minister Trudeau at the Common- wealth conference. Apparently embarraesed by Canadian reporters' ques- he said it was inappro- priate to discuss rising food costs in Canada when other nations were suffering from famine. But as The Financial Post increases are crashing in on and they don't like them. Where unemploymeni only directly affects a relatively small per- centage of high prices are felt by While the problem is world- voters take little solace from learning what their Jap- anese opposites are paying for steak. Prices in Japan and Bri- tain have climbed more steeply in the past year than they 'have in and al- most as steeply in France and Germany. As of prices in the United States were climbing slightly less rapidly. Despite the worst inflation in 22 Statistics Canada reported in June that con- sumer spending had taken the biggest jump in 21 years. Even considering spending rose impressive three per in the first three months of this year. Although increased ing on food was due to rising the bureau spending on durable goods jumped remarkable 10 per Consumers spent 18 per cent more for new 11 per cent more for used ones and 11 per cent more for furniture. In furniture retailers sair' earlier this year they were increasing inventories by 50 per cent to meet con- sumer demands. In the view of the chair- man of the federal Food Prices Review Beryl consumers are buying many more col- or televisions and clothes. of the things about in- flation is that your standard of values goes And the department of agriculture claims that des- pite rising costs of Ca- nadians still spend only about 17 per cent of their family income on the same as two years ago. This is a much smaller per- centage than in Britain where an individual's food costs are estimated at a the same as for Canada. A British bank clerk is making only a week compared to his Cana- dian counterpart's And in cf a bank clerk's weekly wage of for according to the feederal minister of agricul- Eugene Whelan. As of the cost of liv- ing in Canada had risen 7.7 per cent in one year. But in 1972 the personal incomes of all Canadians rose 11.5 per cent. General income figures are not available for this year. But four million workers hi private industry averaging a week were keeping slightly ahead of inflation with wage increases of about eight per cent. A survey by The Toronto Globe and Mail Business Re- port last week would appear to question the argument that higher prices are caus- ed primarily by these wage increases being passed on to the consumer. for the first half rose more than 32 per a sample of 134 com- panies the news- paper said. At the consumers are probably concerned most by the drastic 15.6 per cent increase in food costs since last July. Meet baa recently climbed in price at an incred- ible rats. Other grain-based products such as bread are sure to fellow. At first the situation looks alarming. But econo- mists inside and outside gov- ernment say that excellent crop yields anticipated for the fall in some parts of the country will alleviate grain shortages. Prices are high now be- cause buyers are willing to pay high prices. People around the world desperately need and want grain or its products. That situation is aggravated by an artificially induced shortage of beef brought about by price controls in the United States. American farmers won't send their beef to market un- til they can get a higher price. Because the American consumer wants his it must come from somewhere such as Canada. That demand leads buyers to bid fiercely for available supplies of beef. And the price goes up- Canadian beef drained aouth in the last week of July to the tune of pounds times the amount shipped in the week last year. But the American price ceiling will probably be short-lived. Producers simply waiting out a freeze they can get higher prices is one cf ths dangers of such controls. As one newspaper editorial put it. is no comfort to have the price of sirloin steak fixed S1.50 a if there's none on the we significant- ly increased our consumption of beef and pork in the pest decade. In Canadians consumed 142 pounds of meat per capita compared to a 117- pound average for ths years 1949 to 1362. Canadians each ate 33 pounds of chicken in 1971 compared to 13 oounds in 1949. According to Lethbridge- restaurant Sven we are overeating and our consumption of beef is unrealistic. is so much he says. ple often think because they have they are entit- led to buy anything and much as they ;