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cwTififcrrmrrTmr Newmarket Kwkk Wed Jan STOWS fit Sim Nearly years ago Francis Bacon commented Dreams and predictions ought to serve but for winter talk by the fireside Now that winter is upon us and a new year has begun it is surely time once again to dream a little and predict what the future may hold Last week we reviewed how Canada had fallen short in our projected real growth between and In that period our dollar fell to 59 cents in terms of purchasing power Eight years of inflationary increases equalled by our entire Gross National Product Last year began with promise but it seemed to deteriorate as the months wore on and ended with higher unemployment and less real growth than anticipated Prices fell marginally By this winter it was felt we would be in the middle of a substantial recovery but it never developed This year may be the pivot year when the Canadian economy turns around or it may be a year of further disappointment and drag Most predictions are gloomy The Con Board in Canada forecasts a substantial slowdown in economic activity with a modest three per cent real growth and almost people out of work A recent study released in Paris by the wellrespected OECD confirms this finding as do many of our leading economists To me such surveys are overly pessimistic will be a better year than most expect To achieve better growth and less unemployment however some new stimulus to boost confidence and to increase consumer buying is needed is where the government must move without delay They should have done it last fall Confidence in business and with the public generally could be restored by the government committing itself to free enterprise and to an orderly phasing out of the wage and price control program ft is absolutely essential thai any new stimulus to the economy should be in the form of a personal income tax cut not growth in government spending I am hopeful that finance minister Donald Macdouald will introduce such tax cuts In his forthcoming budget which will likely be tabled in February With that background it is reasonable to expect that unemployment will not increase prices will continue to decline and there will be more prosperity for all Interest rates this time next year will likely be lower while stock and bond prices will be higher The Canadian dollar will settle down to a more realis ic level in relation to the American dollar which would be significantly lower than today Such a decline would help our exports but it would make imports more costly may be needed if we wish to narrow our trade deficit which has soared to an unbearable level Corporate profits will rise this year more than last which should lead to greater in vestment and productivity in our plants Consumers can expect larger supplies and lower prices for pork and poultry but an in crease in the cost of beef milk and bread Potato prices will likely be below those of last year while the price for fresh vegetables will likely rise Overall however food prices will rise more in 1977 than in but farm cash receipts which declined two per cent in may drop a further five per cent to about billion in the current year An Ontario election is likely this year but not a federal vote I believe Bill Davis will do better at the polls this time than he did in Aurora given disc in theft case e NEWMARKET A 19yearold Aurora youth charged with the theft of coupons from Canadian Tire in Aurora pleaded guilty to the charge before Provincial Judge James Crossland last week Similar charges against two other youths were withdrawn Richard was granted a conditional Discharge and placed on a sixmonth term of probation by Judge after the court Impai driver is jailed NEWMARKET A 61yearold King Township man who has a long record of convictions for impaired driving was sentenced to three months in jail last week by Provincial Court Judge James Crossland when he appeared on another charge of im paired driving Leo Leach was found by York Regional Police last May slumped over the wheel of his car on Hwy 9 near Hwy 27 Fred Is buried in Queensville By Irene Thompson QUEENSVILLE Friends were sorry to hear of the passing of Fred a former resident of this com munity He was husband of the late Terry Father of Freda Ian Evelyn Mrs Graham Kemp Charlie John Stephen and Kenneth and brother of Hazel Terry Charlie and Ralph The service was held at Bradford Funeral Home and burial in Queensville Cemetery Mr and Mrs John Mrs Keith Ward and entertained their family and Mr and Mrs grandmother Mrs Annie Keith Smith and family Smith on her eighty first were present at this birthday on Sun Dec 26 party at their home Mr and Mr and Mrs Robert entertained some 25 guests at a Christmas dinner party in GARBAGE CHANGE MULLED SHARON East Gwillimbury is con sidering switching the municipalitys garbage day from Saturday to Wednesday Although no official decision was announced during a recent council session residents were promised that any definite change will be wellpublicized Mr and Mrs James Snider entertained guests at their home on Sun Dec 26 The January meeting of United Church Wo men will be held on the at the home of Mrs The January meeting of Branch of the Womens Institute will be held on Jan at the home of Mrs EFFECTIVE JAM SPECIAL SAVINGS HON CHEQUING ACCOUNTS INTEREST CALCULATED ON MINIMUM MONTHLY BALANCE VICTORIA GREY COMPASV Main St Newmarket their home it NOW TYCOS RACING CARS Choose from 16 styles COMPETITION LIGHTED PRO RACING SET Curve Hugger racing cars w each controllers and irm triple level acton Electee pack lighted cats Spin cut Speed fan oris CRASH wwnjkis controllers and power packs operate on all HO sets CARS CARS fed FUNNY CARS licm w SPECIAL CARS JJeach Botes LOW RIDERS ir r 5 automatic with and accessories ft AUTOMATIC WINER CHART STRAIGHT TRACT 1AM LIMITED QUANTITIES PRICES IN EFFECT TO JANUARY 15 ONLY A Y T I Canada Mall t was told that the youth removed a large quantity of coupons valued about from the Canadian Tire Gas Bar was nabbed at the Regency in Aurora The coupons were discovered tucked Into his shirt It was a case of counsel for the accused man told the court It was a form of outdoor shoplifting the coupons were sitting there Counsel told the court that Ballantyne was miffed because he thought he had not been given change from a bill he had tendered when he bought gas He figured hed get even defence counsel explained Topics Of The Town By Mate Ian NHS Parents Night Jan 1 VUG NEWMARKET to meet NHS Newmarket High School will hold a parents night Tuesday Jan teachers and 5 Schedules from 730 to pm the gram- will provide parents with an op- student progress Details of parents night will he contained in a letter sect home to parents week school Is AURORA A meeting of the Meals on Wheels Advisory Board was held recently at York Manor Hugh Rdntyre chief coordinator reported that meals had been delivered last month Tickets for the annual fundraising dance on Feb at the Newmarket Arena are now available from the coordinators York Manor or by calling The annual general meeting and buffet supper will take place evening Jan 17 at York Manor All volunteer helpers are invited to attend r John president of the Aurora Historical Society has called a special meeting of the executive for tonight at pm at Horton Place in Aurora Reports from the nominating committee will be heard and plans made for the annual meeting Jan Members unable to attend are asked to contact John at 7274525 Best wishes for a speedy recovery are extended to Mra Peggy Ward of Fairway Drive Aurora after an operation in York County Hospital the week before Christmas ANNOUNCEMENT Slessor Motors Ltd In Newmarket taker pleasure In welcoming WAYNE HALL to their sates staff WAYNE would Ilka to Invite all of you to him at LESSOR A A A a A I l DUALITY I 4 t I l I this is only available on black white and colour negative rolls of film NO HIDDEN CHARGES NO COUPONS film replacement on 110120126127135 620 only customers pictures will receive a I re I at no t 1 I v I This album will be available in 135110126 size film I STORE Mon HOURS pm a fit Use These Cards in Stores Across Canada