Strom forecasts heavy borrowing in Alberta budget
Opposition Leader Harry Strom blasted the 1972 73 budget as heavily borrowing with an expected deficit near 199 million dollars and reliance on federal revenue above 40 percent. Grant Notley of the NDP called it conservative and risky, warning of higher royalties or taxes to balance books and criticizing senior citizen relief and farm preservation as tokenism.
MENTIONED IN THIS ARTICLE
Edmonton
Harry Strom
Gordon Miniely
Social Credit
Grant Notley
New Democratic Party
Alberta
Notley
Alberta budget outlines growth focus and tax relief
The 1972 73 Alberta budget presents a record 1.369 billion spending plan with no new taxes. It forecasts an 8.7 percent rise in operating expenditures to 1.146 billion and a modest surplus. Seniors gain education tax relief, renters receive a 50 annual grant, homeowners get a 30 property tax exemption, and workmen's compensation doubles to 225 monthly.
Alberta Budget Aims to Boost Small Centres and Farming
The 1972 Alberta budget by Treasurer Gordon Miniely creates an Alberta Opportunity Fund starting at 26 million dollars rising to 50 million to spur growth in smaller centres and decentralize development. An Agricultural Development Fund gets five million dollars initially and absorbs 21 million from the Farm Purchase Revolving Fund, with plans for full utilization in three to five years.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta
Gordon Miniely
Medicine Hat
Social Credit Administration
Opportunity Fund
Miniely
Department of Industry
International Marketing
Department of Agriculture
Agricultural Development Fund
Hugh Horner
Canada mission leaves for Canton from Peking
A 10 member Canadian business mission led by Allan Grossman left Peking for Canton after a week in the Chinese capital described as productive. They represented electrical, engineering and aviation industries and held talks with Chinese trade officials. One deal reported was worth 20000 dollars for steel mill sensing equipment.
MENTIONED IN THIS ARTICLE
Peking
Reuter
Canton
Ontario Revenue
Allan Grossman
Peking Machinery Corp
Foreign Trade Ministry and Machinery Corporation
Grossman
Bhutto appeals for Soviet aid at Kremlin luncheon
Pakistan leader Zulfikar Ali Bhutto urged the Soviet Union to provide economic aid and technological help for his reform program while stressing that Moscow should not hinder Pakistan's friendly relations with China during a Kremlin luncheon.
MENTIONED IN THIS ARTICLE
Moscow
Reuter
Zulfikar Ali Bhutto
Pakistan
Kremlin
China
Doctors Lose Battle to Save Septuplets
In Santa Clara California doctors failed to save any of seven babies born to a woman on fertility drugs after a premature birth. Three girls survived longest but died at Stanford and Kaiser facilities. four others, three boys and one girl, died earlier.
MENTIONED IN THIS ARTICLE
Santa Clara
Calif
Stanford University Medical Centre
Palo Alto
Kaiser Foundation
Anthony Damore
San Jose
Damore
San Francisco Peninsula
Dr. Damore
Labor key to smooth grain movement says official
W S Beaton, grain movement coordinator for the Canadian Transport Commission, stresses labor as a vital link among Longshoremen's Union, Grain Handlers' Union, and rail unions. He notes co operation keeps the Prairies grain flowing, warns against slowdowns, and explains block shipping since 1969 70 and the role of coordinators at Thunder Bay and the west coast.
MENTIONED IN THIS ARTICLE
Lethbridge
Canada
W. S. Beaton
Canadian Transport Commission
Prairies
West Coast
Thunder Bay
Churchill
Man
Parks Budget Cuts Narrow for Cypress Hills Park
Alberta government shows a small provincial parks operating budget cut to 2,953,065 from 2,968,430 for the year 1972 with Park Development Fund slashed, limiting new facility expansion. Deputy minister B A Wood notes uniform distribution of cuts across the system, Cypress Hills likely near last year’s 176,000 allocation.
MENTIONED IN THIS ARTICLE
Edmonton
Cypress Hills
Department of Lands and Forests
Lands and Forests
B. A. Wood
Cypress Hills Park
Hughes Tool spokesman says Hughes may end isolation
Richard Hannah, chief spokesman for Howard Hughes, arrived in Vancouver and said the billionaire may soon end his self imposed isolation. Hannah declined to reveal Hughes’s business in Vancouver, saying the recluse hasn’t told him yet.
MENTIONED IN THIS ARTICLE
Vancouver
Richard Hannah
Howard Hughes
Hannah
Hughes Tool Co
Hughes
Field gas price hike challenged by Union Gas official
Bruce F Willson of Union Gas Co of Canada testified at an Alberta Energy Resources Conservation Board hearing that no evidence supports a general increase in field gas prices. He noted some regions may need higher prices, current Alberta contracts are profitable, and Union could absorb six cents per thousand cubic feet while remaining competitive. He reported 1971 revenue up 11 percent, stock appreciation, and low residential rate hikes since 1948.
MENTIONED IN THIS ARTICLE
Calgary
Alberta Energy Resources Conservation Board
Bruce F. Willson
Union Gas Co. of Canada Ltd
Alberta
TransCanada
Union
Ontario
Also Mentioned on This Page
Strom
Torres
Walpole State Prison
Massachusetts
Foxboro State Police
By Gordon Pollard
Canada Mission
Plan Exhibition
Sweden
Italy
Britain
Bhutto
Parks
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