Ontario Community Newspapers

Barrie Examiner, 21 May 1976, p. 9

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YOUNGSTERS ENJOY SCIENCE FAIR Jacqueline North left and Jody Cook Grade stu dents at Killarney Beach public school in Lefroy show off the turtles that took part in their entry in Guide dogs the topic Robert Whitstock vice pesident of Seeing Eye Inc and himself blind man will speak in Barrie May 28 at luncheon sponsored by the Canadian National Institute for the Blind Also on hand will be three blind Simcoe County residents who use seeingeye dogs The luncheon will be held at noon in the Brookdale Inn Mr Whitstock has worked for Seeing Eye since 1957 and became vicepresident of the bg guide centre 10 years later PE is also director of field ser vices for the New Herseybased thilanthropical organization Blinded at age Mr Whit stock nevertheless pursued his studies through graduation from Harvard Law School and enjoys such hobbies as bridge chess amateur radio hor seback riding ice skating and svimming He recently obtained his four th guide dog Fuel price hike costly TORONTO CP The re cent increase in oil and natural gas prices will cost Ontario an additional $455 million in year the ministry of treasury economics and inter governmental affairs said Thursday The office of economic policy in the ministry said in news release the increase of $105 barrel for crude oil this July and an additional 70 cents Jan 1977 works out to an average increase for oil of $140 barrel during 12 months It said the indexed average increase for natural gas kept at 85 per cent of the cost of oil at the city gate will be 205 cen ts The increase could cost Onario 9100 potential jobs dur ing the 12 months7000 due to the oil increase and 2100 be cause of natural gas the office added REDUCE GROWTH It predicted the real growth Ontarios gross provincial poduct will be reduced by 28 per cent and the Canadian ex port price index will increase by about 22 per cent It said that if the antiin flation program is successful the consumer price index wilf increase 09 per cent Retracts remark TORONTO CP Ed Philip NDPToronto Etobicoke was ordered Thursday to retract remark accusing Sid ney Handleman consumer and commercial relations minister being an accessory to fraud Mr Philip asked Mr Handle man why his ministry did not stop Blue Vista Tours from ac cepting cheques as late as Dec 27 1975 for tours which never would take place Since the ministry did not take action at that time Mr Philip asked whether Mr Han dleman in fact was an ac cessory to fraud which was perpetrated He later retrac tedthe remark Blue Vista tourpackaging firm folded last December Mr Handleman called the estion completely out of or and demanded an imme diate retraction The minister later said the ministry was aware the firm was in some financial diffi culties last November and his staff investigated He also said the ministry has no method of preventing people from paying money to tour pewter But there is com pensation fund for consumers who lose out when tour pack agers go out of business he ad ded the schools science fair Wednesday Both girls are seven years of age arniner Photo Ex CANADIAN PARTICIPATION To get tough on all issue OTTAWA CP Energy Minister Alastair Gillespie said Thursday the federal govern ment intends to take tough stand on its proposals for 25 percent Canadian par ticipation in petroleum development on federal lands Mr Gillespie said the pro posed regulations he tabled in the Commons on Wednesday al low exceptions to the rule but there will be very few of those My position on this is that the minimum is not unreason able and the companies have plenty of notice he said in an interview The question theyll have to answer is wheres the 25 per cent The content requirement will into effect after new legisla tion is passed by the Commons Innisfil rec manager decides to quit post STROUD Innisfil council met in private Wednesday night to discuss the resigna tion of Ted Bly 49 recreation facilities manager The job is too much for me Mr Bly said today ad ding that any recommenda tions he wants to make will go through proper channels Township clerk Richard Groh said council meeting in oommitteeofthewhole ac cepted Mr Bl resignation although he id not give reason for quitting The resignation takes ef fect June 11 Before taking over the job of supervising recreation facilitiesincluding three large arenasMr Bly was manager of the South Innisfil community centre and super visor of Innisfil Park for two years Earlier at Wednesday nights meeting recreation coordinator Larry Morrow said his department is short of staff And he said rental rates will have to be raised to prevent deficit in the recreation budget Mr Gillespie hoped that would be in the fall The proposals were outlined this week to give the companies an idea of what is coming so they can get on with exploration planning company seeking icence to start production of oil and natural gas would have to be 25 per cent Canadian owned or dse find Canadian partner to makeu fixercent interest in the lan hol ing DNTENT GAUGED Mr Gillespie says that of the 500 million acres of federal land under permit or lease in the North and offshore only 35 per cent now meets the content regulations CINCINNATI Time Recorders Sales Service Star Business Machines Ltd Barrie 7266595 Sun Oil Co has no domestic content on its permits It recen tly discovered oil with well in the Mackenzie River delta Eastcan Exploration Ltd the consortium which has struck tw0 promising finds of natural gas in wells off the coast of Labrador has Canadian participation of about 812 percent The Barrie Examiner Friday Max 21 19769 Doctor suspended TORONTO CP Toronto doctor has been suspended and another reprimanded for receiving benefits from Abko Medical Laboratories Ltd laboratory to which they referred patients the Colle of Physicians and Surgeons On tario said Thursday Dr Yat Tungtse was found giilty by the college of profes sional misconduct and sus pended from the college regis tier for six months Dr Jaroslav Nicholas Vanek also was found guilty of profes sional misconduct and repri manded Dr Vanek had pleaded not grilty to receivin dining noom tablefromAb The committee which made the judgment said evidence showed Dr Yat referred patients to Abko in 1904 and 1975 The lab paid bills totalling $223347 during 1975 on his be half to Canadian Everest En terprises company in which the doctor held an interest the committee said Pattis Antiques And Interiors in the Village of Shanty Bay WALLPAPER CARPET OORAPERY FABRICS 118 TERGAL SHEERS SPECIAL $400 YD UPHOLSTERY FABRICS FLOORING Oualifiad Interior Designer On Staff To Assist You In Your Home Dr At The Store OPEN TUESDAY TO SATURDAY TO 7280599 419 ii Retirement Savings Ihe Commerce Savings Account You can make withdrawals but there are no chequing privileges The interest your money cams on the minimum monthly balance makes it all very worthwhile The interest is paid into your account on April 30th and October 3lst You even get gold passbook Ratcs subject to change without notice IllII Deposit Plan $5000 gets you started As long as your money is in your Plan you dont have to pay tax on it Put money in whenever you like How much you put in $5000 or more is up to you Subject of course to your yearly limit for taxation purposes The interest rate paid on your Plan now 8Vi is set in June and December and is guaranteed between those dates You can withdraw all the money from your Plan at any time but then you must pay tax Home Ownership smnnr Savmgs Plan You can start Plan with as little as $5000 but only if youre 18 ycars of age or older resident of Canada for tax purposes and you dont own home in the year you use the deduction Save tip to $1000 per year for home or home furnishings taxfree up to lifetime limit of $10000 The interest rate is set and calculated every month now 910 And the interest is compounded every months and paid on June 30th and December 31st Use your Plan like savings account Put money in whenever you like up to your yearly limit Just think once youve reached your maximum $10000 lifetime limit the interest youll have earned will make tidy sum of money And if your spouse qualifies between you you could double the savings and the benefits CANADIAN IMPERIAL BANK OF COMMERCE COIIIIIICICC Term Deposits Heres how they work Currently if you invest for any period of over one year to six years the rate is 955 Say you put in $1000 You cant put in less If you left it in for year and day youd get 92 interest Interest varies according to the term of the deposit and is paid on April 30th and October 3lst If you cash it before maturity there is an interest penalty It pays to be patient

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