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Newspaper
Orono Weekly Times
Location
Orono, Ontario, Canada
Date
Jan 31, 1957
Page
10
Finance Minister Walter E. Harris tabled the main spending estimates showing a 1957 total of 5.2 billion dollars, up 184.4 million from last year. The rise comes despite departmental restraint and shelving of other projects. The government will transfer 127 million dollars to provinces under a new arrangement.
The Minister of Public Works Robert Winters announced the National Housing Act rate rise from 5 1 4 to 6 percent. The move adds 2 95 a month on a 25 year mortgage of 10 000, aimed at expanding lending rather than penalizing builders. A hospital insurance scheme is set for Ottawa talks with Ontario leading provincial push. Durham farm voters watch a proposed Throne debate amendment urging parity prices for agricultural producers.
Newcastle Council notes office decisions as Society Creditors back CCF while Liberals oppose. MPs plan Quebec City visit for Prime Minister birthday Feb 2. Orono fair expands with two field crop competitions for 1957 and apples exhibit. Committees named with Mrs Tamblyn appointed. fair dates set for September 6 and 7, 1957.
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