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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - February 27, 1971, Lethbridge, Alberta 24 - THE lETHBRIDOf HERALD - Saturday, February 97, 1971  Prospects for oil, gas industry are excellent EDMONTON (CP) - This year will be one of sustained growth and near - Ml employment as the Alberta economy recovers, Provincial Treasurer A. 0. Aalborg told the legislature Friday night. In his budget speech, he said prospects for the petroleum and natural gas industry are "ex- cellent" while retail and wholesale trades should have a good year. GLOOMIER LOOK On a gloomier note, the agriculture and construction industries were expected to "bear the brunt" of slow economic conditions. Consumers were expected to Budget summary EDMONTON (CP) - Summary of Alberta's budgetary estimates for the 1971-72 fiscal year: REVENUE INCOME ACCOUNT $1,009,501,500 CAPITAL ACCOUNT 31,454,650 TOTAL 1,040,956,150 EXPENDITURE INCOME ACCOUNT 1,009,185,700 CAPITAL ACCOUNT 198,037,240 TOTAL 1,207,222,940 DEFICIT 166,266,790 Comparative statement of estimated revenue and expenditures by depaitments: Revenue, expenditure INCOME ACCOUNT REVENUE Agriculture................. Attorney-General............ Education.................. Executive Council............ Highways and Transport...... Industry and Tourism......... Labor..................... Lands and Forests........... Legislation .................. Mines and Minerals............ 276,653,500 Municipal Affairs............ Provincial Secretary......... Health ..... ................. Social Development.......... , Public Works................ Youth . Culture, Youth and Recreation EXPENDITURE Agriculture .............. Attorney-General............. Education ................ Executive Council ........... Highways and Transport ..... Industry and Tourism........ Labor.................... Lands and Forests.......... . Legislation ----- ........... Mines and Minerals......... Municipal Affairs............ Provincial Secretary.......... Public Debt .............. Health...................... Social Development.......... Public Works .............. Treasury.................... Culture, Youth and Recreation The Environment............. 1971-72 1970-71 3,990,265 $ 5,465,050 10,325,700 8,774,250 68,662,180 64,622,560 22,682,900 18,953,105 28,506,500 27,751,550 688,650 482,000 1,770,050 1,417,000 10,370,530 11,415,750 1,162,000 1,115,000 276,653,500 258,323,500 1,708,915 2,319,701 86,836,250 89,160,820 83,858,630 39,886,090 35,029,375 3,428,220 3,025,260 449,342,100 344,900,700 556,030 125,110 607,050 1,009,501,500 954,414,791 14,222,910 16,625,590 27,620,445 25,904,730 369,393,000 333,029,206 25,421,634 17,341,290 51,212,210 50,810,360 3,551,670 3,298,190 4,865,610 4,103,100 20,283,720 18,418,290 4,408,853 4,080,017 2,342,980 2,223,730 12,673,069 11,845,811 50,000 3,837,850 14,819,785 8,297,930 239,691,950 223,125,900 84,830,704 75,126,560 36,771,770 33,486,880 87,489,360 95,938,200 5.391,310 2,819,260 4,141,720 1,009,185,700 930,312,894 renew spending, thus presenting the retail trade with a promising outlook. "The impact of tlu's should soon improve wholesale trade and have a buoyant effect on the general economy." One aspect of the economy that he wasn't happy about was that expenditure growth rates continue to outstrip revenue increases, but "the same thing is true of every province in Canada." He was optimistic about petroleum and natural gas - upon which Alberta depends heavily for its well - being - saying the outlook was excellent. Increased well - head prices and higher export quotas to the United States "should provide gains in this industry equal to or better than those achieved in 1970." In the 1971-72 fiscal year, revenue of $272 million is expected to accrue to the government from petroleum and natural gas, including rentals, fees, royalties and sale of crown reserve leases and reservations. ROYALTIES JUMP Roya 11 i e s are expected to jump by $50 million to $170 mil lion with the only gloomy note being a drop of $23.6 million in lease sales, expected to bring in $41.4 million. The industry was the strong est element in the production sector of the economy in 1970-71, Mr. Aalborg told the house. Crude oil production in 1970 was an estimated $991.1 million, up from $837.9 million in 1969. At the same time, natural gas production was estimated at $245.8 million compared with $200.4 million in the previous year. Over - all totals of natural gas, crude oil, propane, butane and sulphur he estimated at $1,305.7 million against $1,131.2 million. There were 1,700 wells drilled in Alberta in 1970, down from 1,872 in 1969. At the end of the year there were 14,020 oil wells, 1,675 capped gas wells. Reserves at Dec. 31, 1969, were 9.89 billion barrels of crude oil and gas liquids, 45,200 billion cubic feet of natural gas and 165.3 million long tons of sulphur. Receipts, payments CAPITAL ACCOUNT 1971-72 RECEIPTS Agriculture.................... Executive Council .............. Highways and Transport ........ Lands and Forests.............. Municipal Affairs.............. Health.......................  Public Works .................. Treasury ..................... The Environment............. TOTAL...................... 31,454,650 PAYMENTS Agriculture.................. . 1,439,620 Education ..................... 41,249,000 634,000 2,105,500 523,000 1,761,000 36,550 1,736,000 2,753,000 21,305,600 600,000 1970-71 840,250 1,273,000 2,376,510 26,329,225 4,373,000 43,561,400 Executive Council Highways and Transport Lands and Forests ..... Legislation......... Municipal Affairs ..... Health........... Public Works......... Treasury ............ The Environment ..... 4,202,000 55,117,300 2,280,670 53,000 78,753,385 5,125,640 54,000,000 1,000.000 47,031,320 1,834,980 .......... 7,000,000 ........... 51,804,050 ........... 1,515,000 .......... 5,876,600 TOTAL...................... 173,537,240 Social allowances increase noted A. O. AALBORG . . plans big program Alberta government plans to start $49.2 million construction program Housing loans plan considered EDMONTON (CP) - The department of municipal affairs is considering a program of making leans to individuals to buy houses, Provincial Treasurer Anders Aalborg said Friday night in the budget speech. Mr. Aalborg said the Alberta Housing Corp. has made plans for an extensive program of providing housing to people in 1971-72, with th3 emphasis on land assembly, public housing, northern housing and accommodation for senior citizens. The corporation estimates it will need about $21 million in loans to carry out its capital programs. The funds will be obtained from Central Mortgage and Housing Corp. and ad-v a n c e s from the provincial treasurer. The department of municipal affairs will get $7.1 million to provide grants and subsidies for public housing, interest on debt -and general administration. EDMONTON (CP) - The Alberta department of public works will start a $49.2 million construction program in the 19il-72 fiscal year, A. 0. Aalborg, Alberta provincial treasurer told the legislature Friday night. In Ms budget speech he said the program is designed to "continue or complete those buildings under construction and to commence or complete those buildings considered to be essential to provide facilities for government services." Included is a lump sum of $6.4 million which is Alberta's share of the federal - provincial special development loan program. This will be used for projects proposed to relieve unemployment. The Alberta Vocational Centre at Calgary will get $3.3 million while the Southern Alberta Institute of Technology, also in Calgary, will receive $5.1 million. The new Edmonton courthouse receives $2.6 million and SOME USES Gypsum is extensively used in making plaster and wailboard. Budget record for education Plan to change department name EDMONTON (CP) - Legislation will be introduced during the current session of the legislature to change the name of the, department of youth to the department of cuiture, youth and rec r e a t i o n, Provincial Treasurer A. O. Aalborg said Friday night. Mr. Aalborg told the legislature that additional responsibilities will be transferred to the new department from the provincial secretary's department, including administration of cultural development, the Jubilee auditoriums in Edmonton and Calgary, the Provincial Museum and Archives and the Glenbow Alberta Institute. The transferred duties will almost double the department's budget to $5.3 million from $2.8 million. EDMONTON (CP) - More than 35 per cent of Alberta's record 1971-12 budget of $1.2 billion will go to education, Provincial Treasurer Anders Aalborg said Friday night. Spending on education is expected to reach $426,533,600, about $22 million more than in the current fiscal year which ends March 31. The department of education's income account has been estimated at $369.3 million. Capital grants to universities will be $31.2 million and capital grants to colleges $10 million. It will cost $2.5 million to operate the province's agricultural colleges and the public works department will spend $13.3 on construction and equipment at technical and vocational institutions. In addition, capital loans of about $50 million for construction of public schools will be made to school boards by the Alberta municipal financing Corp. The province's contribution to the operation of public schools will be increased $19.2 million to $217.5 million and $9.7 million will be spent on operation of community colleges. Mr. Aalborg told the legislature in his budget speech that full - time student enrolment at Alberta's three universities now is almost 29,000 and is expected to increase to more than 30,300 next year. As a result, the universities will get $89.5 million in operating grants. It will cost $16.7 million to operate the northern and southern institutes of technology and $400,000 has been provided to assist students in obtaining employment. Revenues of $66.1 million are expected from the federal government from agreements covering the costs of post - secondary and vocational training. the Northern Institute of Technology in the same city is down for $1.1 million. A $2.1 million estimate is listed for the fish hatchery and rearing station at Calgary with $2.1 million for Alberta school hospitals. On top of the $49.2 million for the buildings, there's an additional $5,5 million for furnishings and equipment, bringing the total budget for public wcr'.s to $54.8 million. Try Before You Buy UP TO 30-DAY TRIAL ON YOUR DOCTOR'S RECOMMENDATION (2J MAI CO SMITH-JONES HEARING AID SERVICE RIPLEY OPTICAL 618 3rd Av�. S. _Phena 328-5447__ WANTED SCRAP IRON NOW PAYING MORE FOR ALL TYPES OF SCRAP METAL Farm Machinery-Tractors-Trucks Industrial Scrap-Machinery-Demolition Anything Made of Irani COPPER - BRASS - RADIATORS - BATTERIES - CAST IRON tic- Truck loads - Carload* Truck Scales - Magnet Crane Service National Salvage Company 206 33rd NEW Street North "Scrap is LIMITED LOCATION Our Business" Phone 3280721 TRIMBLES TIRE SUPPLY LTD. 39,497,725 1,750,000 51,739,626 1,220,000 203,199,291 Health services spending to be increased EDMONTON (CP) - Alberta will spend $96.1 million on health services in 1971-72 or 20.44 per cent of a record $1.2 billion budget, provincial treasurer A. O. Aalborg said Friday night. The health department's budget has been increased by $10.5 million compared with the current fiscal year which ends March 31. It will cost the government an estimated $6.3 million to subsidize premium rates for low-income residents under the Alberta Health Care Insura nee Plan. Legislation will be introduced during the session to establish a hospital services commission, which will supervise healthcare institutions and distribute government payments of $194.9 million to active treatment hospitals, auxiliary hospitals and nursing homes. The budget provides $27.5 million, compared with $25.9 million last year, for the care and treatment of mentally - ill and handicapped patients. The public works department will spend $3.1 million on construction at hospitals caring for such patients. 327-2007 - 314 11th ST. S. - 327-2396 your AUTHORIZED M.A.G. TIRE DEALER MICHEUN - ASTRO - GOODYEAR - ANNOUNCES - MONTH OF MARCH SPECIALS WHEEL ALIGNMENT TUNE UP - UNDER CAR CARE Trimbles Tire is especially pleased to have Jim Kirkpatrick join their team of car care specialists. With a lifetime of experience and repair service, Jimmie welcomes his many faithful friends and customers to see him at Trimbles. EDMONTON (CP) - Demands for social allowances will increase substantially in the 1971-72 fiscal year because of high unemployment, Provincial Treasurer A. O. Aalborg said Friday in the legislature. Tliere are about 80,000 persons now receiving social assistance in Alberta, lie said. Mr. Aalborg said the appropriation for public assistance has been increased to $49.!i million from $46 million last year. Cases involving inunicip a 1 responsibility had also increased and provincial assistance in the area has been estimated at $5.4 million compared with $3.3 in the current fiscal year which ends March 31. The cost of cliild welfare is expected to increase to $10.3 million from $8.8 million. A transfer of girls' institutions to social development from the attorney - general's department resulted in $2.9 million being provided to administer welfare homes and institutions. Provincial parks visitors top five million mark EDMONTON iCPi - Almost 5,200,000 people visited Alberta's provincial parks in 1970, Provincial Treasurer A. O. Aalborg said Friday night in his budget speech. About 51.0 million lias been set aside in the record $l.2-bil-lion budget for 1971-72 to further develop such parks. The lands and forests department will get $2.8 million \a operate the parks. Unci er privileged children profit MONTREAL (CP) - Underprivileged children will be the big benefactors from the Jean Beliveau night to be held here March 24 in honor of the veteran Montreal Canadiens' centre and captain. Beliveau will be honored for his 13 seasons with the National Hockey League team during a game against Philadelphia Flyers. Organizers of the affair announced Friday that n .lean Beliveau Fund has IxxMi set up to help charitable organizations caring for "newly or underprivileged children of all races or creeds." Beliveau had asked that the fund be set up, rather than have a shower of personal gifts donated to him. JIM Car Care KIRKPATRICK Specialist FROM CADILLAC TO COMPACT Jimmie is the Best JIM KIRKPATRICK Car Cars Specialist With the latest electronic equipment you get 29 vital Bervices and performance checks. Come in today I AH repairs fully guaranteed! "ffiirsis W**^ 6 Cylinder $0.00 PIUS PARTS 8 Cylinder $8-0� PLUS PARTS SAVE YOUR TIRES ft. STEERING SYSTEM WHEEL ALIGNMENT: 7-77 m FOR MOST � CARS Our alignment specialists will do all this work . . . inspect front-end, springs, * ehock absorbers and steering wheel assembly align front-end; correct camber, caster and toe-in. ALL REPAIRS FULLY GUARANTEED FOUND OCCASIONALLY The hatchet fish is a small oceanic fish found only occasionally in both the Pacific and Atlantic oceans at great depths. OVfR 25,000 MILES? FOR SAFETY'S SAKE DRIVE IN FOR A \LSv BRAKE RELINE 24,000 miles Rcline and install bonded brake linings Check wheel cylinders Check master cylinder, brake hose, front bearings and seals Repack front wheel bearing* Enjoy Comfort, Safety and Economy! MONROE SHOCK 1 ABSORBERS GUARANTEED 2 YEARS or 24,000 MILES 13 95 EACH INSTALLED 60-DAY FREE RIDE OFFER B not sitisfiKl with nfW cunfort and ridi ewrtrK wi will refund your moniy. 327-2007 LET JIMMIE DolrHE JOB 327-2396 ;