The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Page Six Effective on .\'ov-mber 1. l37. when the 1033 permits will be avail~ able, there will be a reduction of 25 per cent. in the fees tu be charged for the registration of all farm trucks and all other cmnmercial nmmr vehicles and commercial trailers. The approximate annual saving will be $1,000,000.00 to the operators of commercial vehicles. Department I`IIIr Statement of Ordinary Revenue and Expenditure for the Fiscal Year ended March 31, 1937 Reduction in Debenture Debt for the Year.. DEBENTURE DEBT (LESS SINKING FUNDS) PROVINCE OF ONTARIO NET ORDINARY REVENUE The Treasury Department of the 4 _ Ordinary Net Revenue as above ...................................................... .. Ordinary Net Iixpenditure as above (before providing for Unemplo) Surplus--(before providing for Unemployment Direct Relief) . . . . _ r . . .. Less-Unemployment Direct Relief and Adminis.trz1tion thereof. Llcpuruncm 'Agriculture ............................................ .. Attorney-General .................................. .. Education .............................................. U1 Game and Fisheries .............................. .. Health ................................................. .` Highways M (a) Signs. Pumps, Garages, etc.. (b) Gasoline Tax (less refunds)... (F) Motor Vehicles ........ ... .......... .` Ks at March 31, 1936. As at I\l'.u'ch 31, 1937.. THE DEBT P(_)SI.TION OF THE PROVINCE OF ONTARIO `I O1 100" Surplus for the Fiscal Year ended March 31, 1937.` Reduction in Gross Debt for the Year.. :5 298,076.18 15,7o1,87o.07 l0)l6,4`)l .08 IL! & L \ILIL L I-\.IuI` \l A 1-55.: J. \\I w -- As at the close of the `f-iscal year ended Mgzgl"-1_3l', -1935 _ GROSS DEBT Unemployment Direct Relic-f).. n -us: - now`;-o--. --y.--.- . The Provincial (`xoverninent will pay. by way of :1 grant, to every city. town, village and township of the l ro\int`c a sum representing the equivalent of one mill on the dollar of their respective assess- ments for general munivipal purposes. This grant is made uncon- ditionally hut in the expectation and with the intent that the amount shall be passed on to the taxpayers of every community by a reduc- tion of one mill in the general municipal tax rate. This subsidy will amount. in the aggregate. to the sum of approxiniately $3,000,000. ROAD SUBSIDIES TO TOWNSHIPS Uh BK"- ILlII-Ll `KI I\IV'I`hIlAO Ll The 313 Townships which have in the past received subsidies of less than 50 per cent. will enjoy an increase to 50 per cent. The annual benet to the 313 Townships will be approximately- $300,000.00. Announces the Results of the Pay-As-You-Go Policy for the Fiscal Year, April 1, 1936 to March 31, 1937 `NIB BABRII EXAMINER. BA BRIE. ONT" CANADA :s94,112,954.so 567.073.130.86 as 26,1.39,823.64 .n\.n_a"--- -- :-._.___v_ Ordinary Revenue and Expenc-liture 330.433.439.05 26,076,444./.4 237,340 R- , 7,31( 1} 2,974,`)()7,5f- 6,927.07 2,110,581.33 22.()33.2() 630,750.25 45,.a44,211.<;1 7,233.34 5,020.00 CERTIFIED TRUE AND CORRECT {I "HIM UL 807.65 1,29o.oo.s.33 1,303.92 732,217.03 33,435.95 A mount on`! '1'nsur:mce ...................... ............. ....... ............................................... .. Labour ................................................ . . . . . . . . . . . , _ . , ,, I..:1nds and Furests . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , _ _ , ,_ Legislation . ......... .... .......... .... Mines . Prime Mmister .......................... ..... ....... .... ........... .. Provincial Secretary .................................................................................................... .. Provinciztl 'I`rez1surer--(including Suu'o.~`.sim1 liulivs ('nllm'u-d, $15,<)l)l..S0.X()).. Public Works ................................................................................................................ .. taliopery Account--(Excess of Distribution over Purchases)................................ REQAPITULAFION `nu. ONTARIO II ["171]!!! Ill Agrivullnrv Alturnwy-(Emu-I`:1l I-`.1...--.|..n Auuun\_y \I\lI\Iu| litlmslliml .................................................................................... .. (Emma and I-'ishc" Hcullh .......................................................................................... .. I lighwn_vs .................................................................................... .. Insurance Lulmur ......... .. l.un(ls and }nI'L-sts ...................................................................... .\ Lc;;i.s`l:u.itn1 ................... ........................................................... .. 1.iI'ulunzmt-Governor ................................................................. .. ..`linva' ...... ......... .. Munlcipul Affairs ....................................................................... .. Nurtlnern 1):.-velupmcnl ............................................................... .. Prime Minister .... .. Provincial Auditor Pmvinciztl SL`L`l`(`l:lry ................................................................. .. l m\'inci:1l 'l`rt-usurcr Public Welfare ........................................................................... .. Public Wurks ....................................................................... .. Miscell:mc0us---1ncluding Wnrknu-n`s (Turnpc-nszninn Hoard (Payment to Huard, $47,458.15)... ......... ........ Pulnlic [)1-ht---~|ntvre. l .x('hz1np,e, etc.. Ulmnploynwnt l)irL-ct Relief and Arhninislratiun then-nf..\ As at March 31, 1036 As at March .51, 1937. I)r'/mrlnmtt .11 urn Reduction in Treasury Bills for the Year. NET ORDINARY EXPENDITURE 'As at March 31; 1036 As at March 31, 1937 TREASURY BIILLS OUTSTANDING V Pro1'im`iuI Auditor wanna anus` - .-w--v-.- -_._ ...v..__.._ , ________ To further take the burden off real estate, the Provincial Govern- ment will assume the municipalities` share of Old Age Pensions and .\lu1hc-rs" Allowances. This will enable the municipal councils to reduce their taxation by approximately 33.500.000.00 per annum. PENSIONS F OR THE BLIND AMUSEMENTS TAX Effective June I, 1937, the Amusements Tax will be totally abolished. As over 80 per cent. of the amusements tax is collected from admis- sions of 25 cems or under, the benet. largely to citizens of lessct means. will amount to $1,500,000.00 for the year 1937. g L'LuIQA\/AIL; A \an\ no... .a......, The Pruvince will u. the municipalities share of the cost of this sucial legixlatiun. It is estimated that the municipalities will therefore save uppmximately $100,000.00 per annum. V$689,5S8,513.76 656.460,348.37 $80,488,439.9S s7,904,444.12 $22,s33,99s.33 13,27o,os7.29 _L9:3.`_3:`E` _ hlipursuance of a promise made during Third lSession of the Nineteenth Legislature of tho rovince of Ontario, I take this opportunityg of publishing, for the information of the citizens_of ntario, the above financial report, together with this announcement_as to the plans of the Government for passing on to the people certain benefits made available by reason of the surplus of $9,313,938.54, realized last year;- MUNICIPAL DRAINAGE AID PROVINCIAL sussmy OLD AG}: PENSIONS AND MOTHERS` AU-OWANCF-9 AND TILE DRAINAGE DEBENTURES '11. 1),-,,\.;,,,~;;,1 (;,,V,.rmmxm m_y_ u-;;_v of every further take uh Govern- nmm will zmmrue the municinzilities` share of Old Ave Pensions and $3,098,165.39 sso,ooo,ooo.o'o 38,0o0,0oo.0o $12,ooo.ooo.6'o Amour!) $ 1,546,471.94 2,290,164.08 10.001.950.31 44(),l.H.S7 (..12x,02.s.os 4,05 I ,30o.os 65,247.87 270,973.87 1,800.0l9.83 270,. -14.38 l2.4S`).73 310,660.58 63,053.57 1,407,475.63 15.5.896.20 112,577.29 803,237.41 002,164.58 5,005,388.54 `$65,693.28 $37,360.4S3.77 20,543,990.35 $57,904,-H2 13.270.057.29 $71,174.so1.4l ._-----?---------Q ,,,, ,__ s4.23s.s Tlnurndny. May 13. I937 PASSENGER MOTOR CAR LICENSE FEES A reduction in interest on Municipal Drainage Debentures and Tile Drainage Debentures effective .-\pril 1, 10.47, from 5 per cenlum to 4 per centum. LICENSE FEES ON COMMERCIAL VEHICLES A substantial reduction in passenger mulur car lice-n.~`e fees will be announced before October 15 next.