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Newspaper
Russell Banner
Location
Russell, Manitoba, Canada
Date
Mar 21, 1968
Page
3
Rex E. Grose, chairman and general manager, disclosed in the MDF ninth annual report that 1966 67 marked the fund’s busiest year with unprecedented calls on its facilities. The fund bridges the gap between regular capital sources and Manitoba’s rapidly growing economy.
The Manitoba MDF reports 1958 to 1967 funding boosted capital investment and created about 207 new manufacturing jobs while supporting 200 firms across Brandon Portage la Prairie The Pas and many towns. It notes assets rose to 31.9 million and arrears stayed low, urging export market expansion and continued rural development.
During the 1966 67 crop year the Board of Grain Commission reviewed yields and allocations, noting changes in procurement and storage policies. The document outlines regulatory adjustments, price supports, and anticipated supply factors affecting farmers and merchants.
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