Lethbridge Herald, The (Newspaper) - July 13, 1970, Lethbridge, Alberta
Monday, July 13, 1970 THE LETHBRIDGE HCRAID It Restrict Foreign Ownership With New Rules: Greene OTTAWA (OP) Energy Minister J. J. Greene says fu- ture federal policy rules govern- ing control of Canadian industry should restrict foreign owner- ship of new enterprises and guard against additional foreign takeovers of existing industries1. But the policy should not seek to gain control of industries where foreign ownership has al- ready been established, he sug- gested Saturday in the CTV pro- gram Question Period. Mr. Greene also told a panel of journalists that he foresees no immediate prospects for in- creased exports of Canadian oil to the United States, but the longer-range outlook is for more oil sales. Questioned about efforts to or- ganize a co-operative U.S.-Can- ada assault on pollution in the Great Lakes, the minister said progress to date has been disap- pointing, but he is hopeful a new, joint committee will be effective in the future. Mr. Greene said a govern- ment committee is expected to have recommendations ready this fall for "an over-all plan" that would set out ownership rules. The rules would be designed "to build the Canadian eco- nomic and corporate structure in such a way that it will be conducive to building a unique different from United States society. SOME STEPS TAKEN He said Canada's desire to de- velop a different type of society bv been reflected in recent as- See the LENS that DARKENS In the SUNLIGHT! (VARIGRAY) sertions of sovereignty and pol- lution control over coastal wa- ters and the government deci- sion that the uranium-mining in- dustry "must be owned substan- tially by Canadians." In addition, he said, he ex- pects the government soon will enact legislation to establish a Canada Development Corpora- tion, a long-standing govern- ment idea for an agency which would extend domestic control over industry by public and pri- vate Canadian investment. The minister agreed that the ownership rules would be di- rected towards restricting for- eign ownership of new industrial enterprises. Asked whether the rules also would include a prohibition on the sale of other Canadian in- dustries to foreign owners, Mr. Greene replied .that "there should be some process to over- see takeovers." "A takeover doesn't contrib- ute anything new to the coun- he said, and referred spe- cifically to past takeovers of such enterprises as Canadian Oil, Mclntyre-Porcupine and Falconbridge Mines. Asked about Canadian take- overs of existing, foreign-owned industries, such as oil, Mr. Greene.said: "I think that any- thing we do should have a very minimum of retroactivity and, if possible, none." Referring to the government's move during the spring to pre- vent sale of control over Deni- son uranium mines to U.S. in- terests, Mr. Greene said the po- tential purchasers would have brought nothing new to Canada. "The money to buy the stock in the company might well have come from Canadian banks. We don't know this but it could well have. Now of what use is it to Canada to have an American company borrow money in a Canadian bank to buy Canadian natural Outdoors Writer Dies BOSTON (AP) Van Cam- pen Heilner, 71, writer, explorer and friend of the late authors Zane Grey and Ernest Heming- way, died Sunday in Madrid, Spain, his son reported here. He wrote books on wildlife, hunitng and fishing. Among them were Adventures in Angling, Our American Game Birds, Salt Water Fishing and A Book on Duck Shooting. RACE FOR LIFE A five-month-old baby was pro- nounced dead on arrival at the Hamilton General Hospital with a severe head injury although ambulance driver races from the home with the bundled infant in his arm: The baby struck its head after falling in the bathtub. NATIONAL ENGINEERED STRUCTURES CO. LTD. A wholly-owned subsidiary of NATIONAL HOMES LIMITED, ABBOTSFORD, B.C. 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There he began a career as a singer in local clubs. He soon turned to songwriting and turned out such hits as Green Eyes, My Mother's Eyes, Down Yonder, Hopalong Gas- sidy March and Lucky Lindy, composed about the successful solo flight across the Atlantic by Charles A. Lindbergh. Gilbert is survived by his wife, Rose and five children. new education films, and they have confidence in what they're doing. "We expect to be the world's largest producing and distribu- ting company in the field of ed- u c a I i o n a 1 said Mr. Latchford. And they are well on their way to their goal. Their films have won more than 60 awards in international film festivals and 60 per cent of their produc- tion is exported to countries around the world. Moreland-Lalchford Produc- tions Ltd was formed 10 years ago. "We learned the hard Mr. Moreland said. "We made films on contract, but after we finished a job, we bad to start 'all over again." The pair decided there must be a way of becoming owners of t.heir own productions, so four years ago they ventured out on their own. They produced two 5- and 10-BX series of exercises. The films were snapped up by the United States armed services and a number of overseas universities and armed services. "We depend on research to plan our Mr. Latchford said. "When we feel things are ART DIETRICH DENTURE CLINIC Certified Denial Mechanic Metropolitan Bldg. 328-4095 right to produce a series we go ahead with it. "We have to plan two years ahead. Information is gathered from universities, government people and other experts." This necessitates a staff of re- searchers and writers who are constantly producing many as 100 series may be worked on at a time. Both men became concerned about the Canadian education process. They began producing educational films because both felt learning should be a happy, joyful process. "Florence McHugh is the writer and producer for the se- ries Basic Concepts and Pur- poseful Living which is the first film series ever produced for special education Mr. Latchford said. "f started by visiting many special education classrooms and talking to teachers working with such children. Most of the ideas for the concepts in the se- ries came from teachers' suggestions or observation of the children The two owners arc also con- cerned about the quality of teaching material in Canadian history classes. "We felt there should be more Canadian so they pro- duced Fort York, Defenders of Upper Canada; a study called Niagara: Frontier of History, and a series on Canadian cities. There is a vacancy on the Social Services Advisory Committee, which is a non-remunerative position. Any persons willing to serve on this Committee are invited to submit their names, in writing, to the City Clerk, giving a short resume of their qualificationi. For further information please call City Clerk's Office at 328-2341 KEN A. SEAMAN, Acting City Clerk.