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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 6, 1970, Lethbridge, Alberta g THE 1HHUIDGE HERALD Twwfciy, 1470. Small Construction Firms Will Fold Says CCA Ed Bartel Shows Residence Of Restrained Grace Ed Bartel Builds Great Family Home OTTAWA (CP) Federal tax-change proposals would bring the walls down around email construction companies, the Canadian Construction As- sociation told a Commons fi- nance subcommittee here. Last year's changes in estate rod gift tas regulations, mak- ing it costlier to pass assets be- tween generations, already threatens to prove fatal to many family owned building firms, said Robert G. Saunders of Vancouver, CCA president. If the government's white paper proposals of. last Novem- ber are implemented, the intro- duction of tax on capital gains and raising personal tax rates on upper incomes would mean "the chances-of survival are very much less." Construction companies also would be hit by abolition of the present low rate of corporate tax on the first of com- pany earnings, Mr. Saunders said. Construction companies typi- cally Were short of cash. Most firms in the industry are small or "modest sized" companies. They depended tor working capital mainly on earnings re- tained within the firm, rather than distributed as profits, be- cause they generally lacked ac- cess to borrowings by bonds or stocks. Elimination of the lower rate of corporate tax "therefore would have an especially ad- verse effect in the construction industry." The tax on of earn- ings would increase by more than to about Loss of from retained earnings would reduce capac- ity to get credit to finance buikung projects by up to 003. Mr. Saunders said. ''Whereas an extra in taxes may be relatively unim- portant to a corporate giant, it could devastate a small com- pany, as well as dampen the in- centive for individuals to start new enterprises." The CCA recommended that tax of only 25 per cent, instead of the corporate rate of 50 per cent, be imposed on the first of a company's annual earnings when the funds are re- tained as working capital. Full corporate tax would apply if the money was at profits to the When you visit the 1970 show home, offered by Ed Bartel Con- struction you'll be exploring a really great house a house that lets a family live as ac- tively and as comfortably as they could want. It was built by Ed Bartel Construction especially for the Humidifiers Healthy For Winter P o r t a 1) 1 e Humidifiers are worth considering if you don't have a forced-air system or if. you rent. An automatic console humidifier has a pump that cir- culates water through filtering material and a one-, two- or three-speed fan to control the humidificatjon rate, Look for a humidistat that operates the unit as required, a rustproof tank, a water-level indicator, a signal light when the tank is empty. Filters should be easy to re- move for cleaning and opera- tion should be quiet. These ma- chines usually hold four to eight gallons and are filled manually. They will humidify up to eight rooms and cost from to over Less ex- pensive is a nonantomatic hu- midifier which fans air through a wet wick. A power humidifier fastens on a forced warm-air furnace and moistens the circulating air. This is the most efficient way to humidify and is cover- ed in detail in this article un- der the heading Total Comfort. Evaporative ha- niiiifters fasten on the furnace and cost to A small rustproof tray of water con- tains evaporator plates that act as wicks to absorb moisture and release it into the forced warm-air stream. Most units dispense only three to four gal- lons a day and require frequent cleaning or replacement of plates. Also available for to aic small atomizing-type hu- midifiers which send out a die spray of water. They hold one to two gallons and require fre- quent refilling. 1970 parade of show homes and it's a house that has a natural separation for family activities. As you move through this house, rooms and levels flow into each other to give a Won- derful feeling of freedom. The exterior of this home at 3310 Beauvais Place has got to be a prizewinning design in any architectural contest It features arches, rich red brick, white horizontal siding and eaves extending way, way out in front to provide shelter all the way from driveway to front entrance. Land scaping is excellent with the front sloping down nicely for good drainage. Texture contrasts delight. Brick surrounds the front win- itj'nS, except for vertical bat- tens above. Double front doors are distinctive. The white stuc- co is flaked with brick red par- ticles. There is plenty of hall room at front and rear entrances and additional cupboards are pro- vided in the rear hall. Another feature you'll like Is the door from the back of the garage very handy to the patio porch at the rear. Patio doors are Twindow sliding doors. A pleasurable touch Is (he yellow plexiglass and mahog- any room divider that sets off the front entrance from the spacious living room. There is a book case neatly enclosed-be- low. There is a very neat mahog- any valance and panels on each side of Hie fireplace. The raised hearth is of red slate finish. The yellow brick fireplace has an arch of red bricks. Cushioned vinyl is the floor- ing material. Note the neat telephone shelf in the kitchen with door above hiding the book enclosure. The kitchen fittings are beau- tifully incorporated with tan or ash grey-finished cupboards. Strikingly beautiful! An inno- vation is the canopy-designed valance over the kitchen win- dows. Double sink and green Leonard range will delight any housewife. Luxurious Barrymore carpet Is used throughout. Eight steps take you to the first level basement where you'll discover a full bathroom and two bedrooms. UpsUkl there are two bedrooms and a bathroom. The lowest level is a full basement. A fabulous split level by Ed E artel. SCREENS Before putting up aU those window screens that have been down all winter be sure they are still in g o o d condition. If they need repainting or touch- up, they are easier to paint if laid flat on supports. Wipe off all dust and dot be- fore applying the paint. Screen enamel is best applied with an applicator available from your paint dealer. BEST WISHES To The LETHBRIDGE HCUSEBUILDERS ASSO. On Their HOME SHOW APPLIANCES LTD. G.E., ADM1RA1, MOfFAT AND PHILCO FORD, APPLIANCES. 319 7th S. PhoiMi 326-1673 Lethbridge's Only Independent Building Supply Headquarters W E LOW O OP PREFINISHED PANELLING SELKIRK FIREPLACES AND ACCESSORIES I.X.L. BRICK AND TILE ANDERSON WINDOWALLS Lumber Building Supplies 0 Stone Roof Trusses Roofing Paints Hardware CRESTLINE BUILDERS MARKET LTD. Phones 327-5444-327-5110 123 30th St. South ;