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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 8, 1972, Lethbridge, Alberta Wednesday, November I, 1972 THE IETHBRIDGE HERALD 33 Despite inflation, unemployment, outlook for economy 'good' New York Times for the first quarter of Canada's commercial centre, saw some economic successfully dampened a record high inflation, but after two calm years, confidence is returning. to take over the American controlled British of companies it might lake over that they would get here have also been taking enthusiastic advan- TORONTO The ever-higher cost of living and a 7.1 per cent of unemployment are causing concern all across Canada. Both were central issues in, the campaign for the national election held Oct. 30. But other economic indicators, from urban housing for British Columbia, where a newly elected socialist Premier David Barrett, is frightening some businesmen with talk of government take overs, the Canadian economic outlook is regarded with what a stockbroker in Montreal described as ''more confidnecc tliitn in 1973, especially as they looked scuth across the border with the United States. They are uneasy about Washington's efforts to reducce the deficit in the United States' balance of payments and especially about the Domestic International Sales Corporation unable to keep unemployment in check. A four per cent rate of unemployment had been recommended as a realistic goal by a Senate committee. The present rate is the highest here in 10 Montrealers cite, as an example of a turnaround, the increasing number of major downtown real estate projects begun in recent months and the spurt in the sales of private houses. Premier Robert Bourassa, a staunch federalist, was elated earlier in October by the Telephone Company within four years and that he also had his eye on two other companies Inland Natural Gas Company Ltd., and the West Coast Transmission Company Ltd. He also announced firm plans to increase substantially the public revenues from the protection householders got when their property was expropriated for highways. WINNIPEG Manitoba's construction industry is extremely busy these days. During the first nine month? of 1972, building permit totals in Winnipeg, of a new federal program of incentives to industry for expansion. Since the program star ted three years ago, a total of. 147 companies in Manitoba have obtained million in federal grants to help finance expansion projects valued at mil- to Prairie grain sales, in some time which offers tax in two provincial industries, largest city, exceeded brighter, and the mood in to American in o' candidates fielded mining, and said that figures for both expansions are said .to ada's board rooms is generally buoyant, according to 'The strong economic for manufacturing at home rather than French speaking Quebec express confidence that the Parti Quebecois, which ad-vocatse separating Quebec was against all forms of business 1971. More than million created new jobs, which is the major purpose of from financial analysis in which characterized 1972 has more political days are rest of construction has federal program. cities. Canada's gross national to continue in a more broadly based manner branch plants than any other country and many of and then, quietly, they express hope that their leaders in the resources industries were reluctant started in the city this year. All over the city here in Canada's breadbasket, is also thriving uct is up significantly. said D. D. Peters, in Ontario. But the is properly Columbia, with but G. H. D. stand out against a couple of lean years. showing increases are such economist for the the DISC program years have passed resource oriented executive vice president Prairie record grain sales this tistics as department here remains unclear separatist terrorists is usually among Ltd., said investment w a farmers are finally spend- sales and the number of indications of the American a British consular to feel any economic which the barren here in 1970 heavily on both farm equip- buying new ear, trucks recovery from do not have to and a provincial But it is currently have, requires but 1972 will be a and consumer goods. farm of two years ago, he intentions later murdering with the political which in turn said Leonard is back in everybody's The CNP in Canada has "a strong increase in Toronto, at least, the confidence Capital is only Manitoba's minister favor again. Part of the topped billion for the on business plant of unemployment in overseas confidence sharp jolt with the on reasonable terms and is the disastrous drought time. In the second quarter and "strong and across the country is evaporated August of Premier is a stable investment the first half, for the Soviet Union that has 1972 it was running at a seasonably adjusted annual for Canadian exports" in expanding Asian and in part to the Many companies made plans to move to Toronto of the socialist New Democratic He said that the new we attracted more than 30 new manufacturing up demand for t h a of billion, which tough and some of compounded the government should issue a growth rate thus substantially increa- three per cent above the some analysts policies in 1969 and were carried Oct. 12 by saying that reassuring than one its price. SAFEWAY POLLY ANN BREAD White or Brown Sliced 20-oz. net wt. loaf POTATO CHIPS SALAD DRESSING FRUIT COCKTAIL MAC. CHEESE Forty Pride 4 Flavours Mix or Match or net wt. pkg. 2 for Piedmont Tangy Flavour 32 fl. oz. jar..........ea. Doles U.S. Fancy ___14 fl. 01. tin Catelli Dinners 11 01. net wt. pkg. 3.1 vfor I 0 00 TRY A LITTLE STANDING RIB ROAST Coffee Safeway All Purpose Grind 1 Ib. net. wt. pkg..... This week's FLATWARE FEATURE only TEASPOON HARVEST PATTERN r Prepared Oven Ready Canada Grade A Beef.. Ib. RIB ROAST STEAK Canada Grade A Beef....... Ib. Boneless Canada Grade A Beef Ib. I Wascana 1 In The Piece........Ib. Olympic Regular or All Beef 1 Ib. vac pak pkg. Budget Saving Specials Side Bacon- 7llfS Wieners Pork Hocks Bologna Fresh Alberta Veal STEAKS Sirloin or C 4 Round Special [b. Cook with Beans Ib. Olympic In The Piece Shoulder Special Ib. STEWS Breast or Shanks Special SMOKED HAMS Olympic Ready to Serve Whole, Half or Quarters........Ib. GRAPEFRUIT Florida Red or White Size 48s Special for Serving Suggeition APPLES POTATOES PLANTS Tropical to 6 inch pots Mclnfosh, Golden Delicious, Red Delicious, Spartan Canada Fancy bulk Ibs. Red or Gem Washed Cello bag 4 20 SQUASH 2A9 Hubbard or Buttercup or VEG. MARROW For Woman... CAREFULLY SELECTED, WONDERFULLY FRESH FRUITS VEGETABLES Safeway produce experts know where to find and how to choose the best in fresh fruits and vegetables. In every important growing area in the country, there's a Safeway buyer selecting the finest for our stores. Get your favorite varieties ot Safeway We Reserve The Right To Limit Quantities SAFEWAY CANADA SAFEWAY II Ml TED ;