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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 4, 1975, Lethbridge, Alberta Tuttday, February 4, 1975 THE LETHBRIDGE HERALD Good housing year seen WINNIPEG (CP) Urban Development Associa- to postponing the purchase of Federal Urban Affairs tion of Canada, Mr. Danson a new home. Minister Barnett Danson said predicted 1975 will be a good "We have experienced an Monday he expects housing year for the prudent buyer of extraordinary housing market prices soon will be related housing. during the last two years, and more closely to costs of Federal assistance to I think there is no doubt that production and land prices moderate and low-income increases in prices did not faii buyers had reduced mortgage directly reflect- the cost of Speaking to the annual rates and stabilized prices, housing. production, meetine of the Housing and and there was little advantage "Land prices, particularly, at a ratp that could not carriers told to end code boycott OTTAWA (CP) -Roger Decarie, president of the Letter Carriers' Union of Canada announced yesterday he has instructed the union to stop a postal code boycott. Union members have been supporting the boycott imposed by the Canadian Union of Postal Workers (CUPW) last April during the national postal strike. Mr. Decarie said the issue involved reclassificatioh of a coder worker position has been Congress faces budget job WASHINGTON (CP) The tions about the need for Because so much of the fed- Another congressional grim picture painted by Presi- costlier U.S. military eral money is "locked in" by stumbling-block is the chronic dent Ford's budget message, strength. laws and circumstances inability of individual of a titanic United States One of the toughest which resist change, the members of many economy struggling to right problems facing Congress as White House has estimated with open or furtive ambitions itself, is. likely to provide it attempts to deal with the that 75 per cent of this year's for higher to work Congress with a major federal budget is the com- budget falls into the category together on viable alter-challenge. paratively small proportion of of "Relatively uncontrollable natives to the White House Lacking the pervasive bu- spending it can influence. outlays." programs, reaucratic machinery that allowed Ford and Congratulations to CKTA TABER ON THEIR GRAND OPENING It was our pleasure to do the painting and decorating SCHULZ PAINTING 231 2 1 9 Avenue S. Phone in terms of costs. I am confident those days are over. I am looking to see land prices rolled back." Mr. Danson said he could not accept the view of some private forecasters that housing starts in Canada, which totalled in 1973 and in 1974, could drop as low as this year. The federal ministry has set a goal of housing starts for 1975 and to achieve this, the industry will have to advisers to assess the current dismal state of the American economy and to propose solutions, the Democratic majority in Congress will be hard pressed to contrive alternative solutions to the essentially conservative document Ford has produced. And the job facing Congress is certain to be made even more difficult because the ailing economy is not generating enough tax revenue to AM, FM, TV TO CKTA gDUCATIONAL TELEVISION Congratulations D. E.M.ALLEN ASSOCIATES LTD. Our Best Wishes for CONSULTING ENGINEERS 2639 PORTAGE AVENUE A Successful Future WINNIPEG, MANITOBA R3J OP7 CODE 204 TELEPHONE 832-3090 Best Wishes for the Future ,-to TABER from CALDWELL EQUIPMENT CO. LTD. 1 080 Bellamy Rd. N. Scarborough, Ont. (416) 438-6230 Telex current weak demand from home-builders and rental entrepreneurs. "This weakness is the result not only of high prices and interest rates, but of the industry's anxiety about rent controls and a general feeling of uncertainty about the prospects of the economy as a whole." In the last few weeks, however, inflationary forces had moderated as interest rates declined, and it was realistic to expect a real growth rate of three per cent for Canada in 1975. Later, at a news conference, Mr. Danson said the federal target for 1975 housing starts is a modest one. A desirable ceiling probably would be he could not see the need to continue his union's purse caused by inflation and unemployment. Ford predicted a deficit of nearly billion in the fiscal year that starts July 1, in a budget that foresees outlays of billion. He warned Congress that unless it agrees to a variety of some of them anathema to the the deficit might reach an all-time -ecord of billion. Among the Ford Wishes to CKTA 157 On their Grand Opening in Taber HERITAGE MOTOR HOTEL FULLY MODERN LOUNGE BANQUET FACILITIES Taber Phone 223-4424 prices for wheat forecast OTTAWA (CP) Prices nay flucturate by up to a rashel but wheat farmers can 5xpect-good prices for some ime, Otto Lang said Monday. Mr. Lang, minister respon sible for the wheat board, reit erated in the Commons that farmers probably will be ask ed to produce another big crop this year. -Although whea markets were always volatile ;here was no large world sur-ilus and long-range interests "avored a build-up of supplies. He indicated that there is ittle concern over recen wheat order cancellations by China and the Soviet Union, 01 a recent decline in prices. Prices for top wheat grades lave softened by about a bushel to a range of to approval are increases in the charges for food stamps, which give the poor cut-rate food from grocery stores, and a limit on the cost of living increase that is due under law to retired people and others who come under the U.S. social -security blanket. Ford has coupled such unpalatable suggestions with a proposal that the defence department's budget be increased nearly 10 per cent to a record billion and that aid for the hard-pressed governments of South Vietnam and Cambodia should rise. Defence budgets have come under increasing criticism in recent years from a Congress which once could be counted on to approve almost are pleased to extend our CONGRATULATIONS to TABER and wish them every success. Glen Little Construction Ltd. GENERAL CONTRACTORS 206-31 Street N., Lethbridge Phone 327-4876 Best because anything above that level would overheat the economy. Canada, Sweden sign accord OTTAWA (CP) Canada and Sweden signed a long -term agreement, yesterday that may lead to specialized production of defence equipment in each country. to CKTA -TABER F. W. DAVIS BROADCAST TECHNICAL SERVICES were pleased to be associated 1 in the construction of their new station. BROADCAST STATION DESIGN and of both countries are to "K lasu Iew weeKS- the Pentagon asked. The meet regularly to discuss op- Wheat board officials say Congress elected last portunities. for defence the adjustment had been ex- November is certain to con-research, development' and pected and should be tern- tinue the trend by challenging production programs. porary. many of the president's 1 i m i n i rl a Ma n H fh Dynamic, Young Country Music Queen will be appearing in the LETHBRIDGE SPORTSPLEX Friday, Feb. 7th at p.m. Town Country Music BRENT SEELY Manager TO THE FIRST 500 PEOPLE FROM TO P.M. GRAND OPENING IN Tanya Tucker will officially open the station K by cutting the ribbon at p.m. Other dignitaries will also be on hand for the opening. Our opening celebrations continue for the month J of February at the end of which time the Grand J Prize and other prizes will be drawn for. ;