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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 23, 1972, Lethbridge, Alberta March 1972 THE LETHDP.IOGI HERALD 7 Many opportunities for exporters M. M, JL OTTAWA (CP) Trade Min- ister Jean-Luc Pepin said Tues- day (here arc many opportuni- ties for Canadian exporters to increase their sales abroad, es- pecially Uirough exploitation of. new methods such as joint ven- tures with foreign companies. He told the Commons trada committe Canada had three temalives: to associate with the European EconomIc Commun- ily, to set up a form of common market with the U.S., or to strengthen Canada's position in a multilateral trading system. The first alternative "doesn't seem lo be a realistic while the second ''would lead] very rapidly lo political integra- tion.31 Replying lo questions by Gor- don Ritchie on whether loo much of Canada's exports are in the form of raw materials, Mr. Pcpin said the choice facing Canada is not ex- porting raw materials or export- ing processed goods. The choico between exporting raw ma- terials ant! no exports at all. Replying lo other questions, ltd said: competitions bill being revised by the government should not discourage mergers generally since one of Canada's major economic problems is fragmented industries. About 85 per cent of furniture-making plants have less lhan 16 employ- ees. There "is tremendous need for nationalization in many sec- tors of n industry and consequently mergers should be encouraged." money given in re- search and development grants goes to foreign-owned! firms, but the government requires them Senior ballot mulled EDMONTON (CP) The government is going to study whether Alberta's senior citi- zens should be entitled to vote on school money bylaws onco they are exempted from pay- ing the province's 30-mill edu- cation property (ax. Education Minister Lou Hyndman said in the legisla- ture that the point, raised by James Henders on a s- kiwin "is deserving of further attention and we will certainly give it that." Mr. Ilyndman said the whole question of future government plans in the area is under con- sideration, but stressed (hat senior citizens will stiil pay for a portion of supplementary requi s SUons too al seliool costs. The government announced In (he budget speech that all home owners aged or over be exempted from (lie 30- mill property lax which is used by the province to finance basic education cosLs. Senior citizens who rent private ac- commodation will get .in an- nual grant to offset the in- direct tax burden passed on by landlords. to use the benefits of the re- search in Canada. troubled footwear in- duslry is seriously affected by low priced footwear imports and measures will be taken to help it. But "we're telling these com- panies there's no vise asking for protection unlit they put their own bouse in order because oth- erwise the consumer would bo burl." A. G. Kjiiewassor, asslslanl deputy minister in the trade de- partment, told the committeo the Canadian aerospace indus- try has a good future. The gov- ernment had given million to aerospace companies since 1968, producing billion moro sales, and further government assistance would be announced soon. WILT, BIEKT MAO CAIRO (AP) MolirnoiKl Ri.ici, llic former Egyptian for- eign minister ami now ail- visor to President Anwar Sadat, left Cnu'O Monday for Poking. Itiad is sduxJulexl to talk with Communist parly c h a i r m a n Mao Tse-Umg and Premier CJTOU En Iflfi o n moans o f strengthening ties between China. TOUCH 'Touch Sew1 a little magic inlo your spring and summorwardrobewilhlhis labulousTouch Sew" rnodu! 758 sewing machine by This sensational Sale-A-Thon price makes it easy to own! 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Exclusive Drop-fn FVonl Bobbin Whisper-Quiet Operation Compretewith Sherbrooke Cabinet Sale-A-Thonlson NOW at your local Singer Center. Take advantage ol these Spring Specials today! Easybuiigcl terms available. PflBRIOPeClflLJ Fx citing Sale-A-Tlion fabric surprises so FUG thing pfsG you'll lindnt Singer! Bolt alter bolt ol bc-ouljft.il fabrics that range all llic way from Cotton Jacquaids to Acrylic Doubfc- Vnils put you ir> colorful new fashions tor spring andsummei ft' big savings! Even sefecled liolions art; fealtneti during Saie-A--Thon, Here's jiisl a sampling of what you'll find I 45" f Polyester makes this soft draping f completely machine washable' And (hr- iv u.nqe ol do signs and colors make it pprlr Jcr dresses, blouses and fong gov.-ns. ONLY I available at most Singer Centers K ftnf's for tomorrow is at COLLEGE SHOPPING MALL 2025 Moyor Magrath Drive Daily 9 o.m. to 6 p.m.; Thursday one) Fridny 9 n.m, lo 9 p m. Telephone 327-2243 ;