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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - November 23, 1973, Lethbridge, Alberta Alberta determined to develop own industry- Peacock Itovwnbcr TMI LITHMIDOI HMALD-t Alberta MPs air investment views OTTAWA Alberta is determined to establish a petrochemical industry rather than remain merely a supplier of raw oil helping to assure the survival of the existing in- dustry in Eastern In- dustry Minister Fred Peacock of Alberta said Thursday. Mr. speaking to the Canadian Chemical Producers' said Alberta considered the objec- tive of upgrading its resources before exporting them as justifiable. is no more reason to expect Alberta to want to see hydrocarbons shipped across Canada for conversion to which are then shipped back to Alberta than there is for Canadians to want to see iron ore shipped to Japan and returned as Such industrial development is not a dream because a methanol plant now is being built at Medicine Hat and Dow Canada Ltd. has announced plans for a major petrochemical development project which depends on approval by the National Energy Board of a pipeline system from Alberta to .Eastern he said. GOOD BALANCE the pipeline is this project will provide not only a major base of petrochmicals in but also feedstocks for further petrochemical development in Eastern Mr. Peacock said. appears to us to achieve good balance between the 'regional and national aspirations of the petrochemica.l industry in Canada The industry minister said Canada's reputation for stability and earn- ed in world trade over the must be maintained to ensure the survival of the petrochemical industry. forces of economic nationalism in Canada are beginning to suggest that we renege on our commitments whenever they become he said. is undoubtedly truth in the old age 'charity begins at but it would be a greater disaster for us if we were to sacrifice our reputa- tion under the short-term pressures of today. simply cannot afford to alienate our friends and Mr. Peacock said Alberta strongly supports the private enterprise system but it becoming clear that govern- GENERAL FARM Presents The Weather SUNRISE SATURDAY SUNSET Lethbridge- Medicine Hat Cloudy periods with snowflurries and fog patches clearing this afternoon. Winds SE10-15. Highs near 15 above. Lows near zero. Cloudy periods. Highs 25-30. Columbia Kootenay Region Today. Cloudy with occasional snow. Windy at times. Cloudy with snowflurries. Highs today and Saturday 25 to 30. Lows tonight 20 to 25 except near 15 in extreme north. MONTANA East of Continental Divide Widely scattered snow showers today. Increasing southwesterly winds along the east slopes of the Rockies-this afternoon through Saturday. Scattered snow showers Saturday. Warmer along the east slopes tonight and all sec- tions Saturday. Highs today 10 to 20 north 25 to 35 south. Lows tonight 10 to 20-except 20 to 30 along the east slopes of the Rockies. Highs Saturday 20s northeast 30s west and south. West of Continental Divide A few snow showers today and tonight. Snow likely Satur- day. Highs both days 30s. Lows tonight 15 to 25. Lethbridge Pincher Creek Medicine Hat Edmonton Grande Prairie Banff Calgary Victoria Penticton Prince George Kamloops Vancouver Saskatoon Regina Winnipeg Toronto Ottawa Montreal St. John's Halifax' Charlottetown Fredericton Chicago New York Miami Los Angeles Las Vegas Phoenix Honolulu Athens Rome Paris London Berlin Amsterdam Moscow Stockholm Tokyo Don't be left high and dry in Order your IRRIGATION EQUIPMENT and be For the Best in WHEEL MOVE HAND MOVE PIVOT SYSTEMS FORD PUMPING UNITS SEE Bert Erickson Charlie Loof or Doug Irwin at AT... GENERAL FARM SUPPLIES Coutte Bex 1202 Phom 328-1161 Highway 1 reported bare and dry. Widening of one mile sec- tion of Highway No. 3 east of Fort Macleod is in progress. All remaining highways are in good driving condition. PORTS OF ENTRY and Closing Carway 9 a.m. to 6 Chief Mountain Coutts 24 Del Bohlta 9 a.m. to6 Kingsgate 24 Porthill-Rykerts 8 a.m. to Wild Horse 8 a.m. to 5 p.m.. RoosevilleSa.m. ment must have an impact... particularly in the utilization of non-renewable Any government partnership with industry quires a degree of to industry to preserve the positive elements of private enterprise motivations. Mr. Peacock said Canada is perhaps the only western developed nation that has suf- ficient hydrocarbon produc- tion and reserves to meet pre- sent needs in addition to the promise of enough reserves to meet the needs for many years to come. He said Alberta's Athabasca oil sands have a potential comparable with the reserves of the Middle East but converting these resources into reality involves major problems involving cost and time. He said a single extraction plant costs between million and billion and the we will re- quire a new plant every have to guard against short-sighted actions taken in response to short-term such as the current energy which may seriously delay the exploita- tion of these additional sources of eventually posing the risk of exposing Canada and Canadians to a needless energy shortage.1' Agriculture milestone is marked EDMONTON An agricultural milestone will be marked in co-operation between Alberta and Saskatchewan today when a shipment of 330 breeding hogs leave Edmonton for South Dr. Hugh Alberta agriculture minister said Thursday. Dr. Homer stressed the including Duroc and Hampshire are breeding stock and not com- mercial animals. Saskatchewan supplied 78 of the animals for the air ship- ment which was organized through the Alberta export agency. He said another sale of hogs to South Korea is expected later this winter or early next spring and that over the long- prairie-wide co- operation will be needed if Korean demands for top- quality breeder swine are to be met. He said the current sale first was discussed last June and that health and transportation arrangements have just been completed. New policy for Indians WABAMUN Alberta Indians were promis- ed yesterday that post- secondary education now will be fully financed by the federal department of Indian affairs. treaty Indian will be denied post-secondary educa- tion .for financial reasons Kent director of education for the department told delegates at the all-chiefs conference. The major issue being dis- cussed at the conference is the federal government's new policy of handing control of native education over to the Indian people. Mr Gooderham added that he would state his commit- ment in a letter to be sent to the chiefs and councils of all Alberta bands. He made the promise after questioning by Harold Car- president of the Indian Association of who had expressed concern that the government's new policy would not ensure treaty rights on education. Big problem LONDON There's a staff problem on London's big red buses. Crews are quitting because they cannot face threats am abuse thrown at them by unru- ly teen-agers on late-night By PAUL JACKSON HeraU Ottawa OTTAWA Alberta's members of Parliament have generally been critical of the federal government's current legislation governing foreign ownership and have repeated- ly suggested in the House of Commons that the nation should take rather than measures to solve the problem. Not surprisingly since all Alberta's 19 federal members are Progressive Conser- when speaking during the current debate they have often been severely heckled by New Democratic Party members and to a lesser degree by Liberal MPs. Stan Schumacher. MP for Calgary Palliser. claims there is burning across Canada concerning foreign domination of our business and industry. The Palliser member claims a small and elite group controll- ing the communications media from Toronto have raised all the hue and cry over the subject. HUMAN ANGLE Mr. Schumacher said that certain persons are so con- cerned with the subject of for- eign domination as such they ignore completely the consequences which may when some of these bureaucrats start as bureaucrats are apt to do. unsupervised by someone who has the interests ot the whole country at The Palliser MP's point is that if we refuse to let foreign corporations invest in Canada we will be turning down jobs which Canadian workers and younger persons need desper- was a point also hit on by Ken MP for Lethbridge. Mr. Hurlburt told the Com- mons that if Canada refused to let a U S. corporation expand its operations here the .com- pany would simply place its the new jobs the investment some other country. The Lethbridge MP suggested that rather than preventing foreign investment irom coming into Canada we should give our own businessmen better taxation incentives to give them a com- petitive edge over foreign controlled corporations Jack Horner. MP for Crow- concentrated his attack on the legislation by attacking the philosophy of the New who are calling for even stronger regulations against foreign investment. Mr. Horner wondered how the NDP could say that Alberta Premier Peter Lougheed was selling the Athabasca tar sands out to foreign owned interests when the tar sands consist of 15.000 square miles and the Syn- c-rude project will mine only eight square miles over the next 25 years. The Crowfoot MP charged that the NOP shouldn't be talking about foreign invest- ment at all since not one of the 31 New Democrats in the Commons invested five cents in NOT TRUE NDP leader says his party represents the average Canadian. They do not. The average' Canadian has invested in his but Mhe NDP supporters have said Mr. Horner. Marcel Lambert. MP for Edmonton said that when it comes to foreign investment the Liberals have around themselves a toga of nationalism and vir- tue which ill becomes them because of the manner in which they have conducted themselves in the Mr. Lambert fashed out at Liberal MPs from Toronto dared to talk the oil and who suggested that Alberta knew nothing about the oil industry and did nothing that was good for the country. The Edmonton West MP re- called that during the 1972 fed- eral election campaign his Liberal opponent toured the riding in a trailer a dozen Canadian flags on it and the Liberal slogan 'I care'- What What hypocrisy' What preten- Many of the speeches in support of this bill fall into the same Mr Lambert urged that when Ottawa decides to veto foreign investment schemes it first consults the provinces. The Edmonton MP. noting the lack of cooperation and con- sultation by Ottawa with the provinces in the said he didn't expect that the provinces be allowed to tell Ottawa what to do but it was common sense to take into consideration the views of a particular province. Eldon Woolliams. MP for Calgary took a similar approach to that of both-Mr. Schumacher and Mr Horner claiming that the resource in- dustry in Alberta has been continually under attack by the minority Liberal govern- ment and by the who like to kick hell out of the United not because of any sensible or logical reason but because using this kind of anti-American club sounds good on the hustings. Like Mr. Hurlburt. who spoke in the debate after Mr. Woolliams. the Calgary North MP urged that Ottawa provide more incentives by means of imaginative taxation policies to Canadian businessmen. Mr. Woolliams' said when foreign investors come into Canada they get large and tax not available to Canadian investors. The Alberta MP spoke about the high risks involved in oil and gas exploration and said but lor U.S. dollars the Leduc which started off the cur- rent oil bonanza 'in Alberta. might well never have been found. Mr. Woolliams said that as a Western Canadian he would be only too pleased if all the dollars invested in Canada's natural resources industries were Canadian-owned dollars. And the only way to get Ca- nadian dollars in there is to have an incentive and taxation plan leave the money with Canadians Unfortunately this has not been the plan of the Liberal governments. In history they will be written up as giveaway and high tax JACK HORNER KEN HURLBURT ELDON WOOLLIAMS THERE'S NOTHING LIKE A DROPOV Now available throughout Alberta. week commencing November 26 has been declared Farmchek week. Drop in to your Royal Bank and ask the manager about it. Mr. Ellwood Thompson of winner of the 1971 Master Farm Family has this to say about Farmchek... and I have been using Farmchek for some time now and it certainly has been a time saver. We like it because it's so straight forward and and yet it'does the job. All we really have to do is use our Royal Bank personalized cheques and the Bank takes it from ROYAL BAN K serving Alberta ;