Ontario Community Newspapers

Barrie Examiner, 6 Oct 1976, p. 9

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The Barrie Examiner Wednesday Oct l9769 in own uice sliced or crushelm Brights fancy Dole tomato iuuce 48 ll OZ llli 19floztin freetrips for two to Gallllany plus hundreds of free food hampers contest details in store ROLLBACKS Industry Trade and Com merce Minister Jean Chrc tien makes his point Satur day while addressing the an nual meeting of the British Columbia Liberal Associa tion at Kamloops BC He said rollbacks in wages through the antiinflation program are brought about by people themselves CF Photo Financing farms big Westcane granu ated busnless Wh CALGARY CPl Furnish kg ing farm operations with ba money is big business for Alber Su ta banks and will continue to be despite uncertain market co ditions Keith Sveinson agricultural 00 services manager for the Royal 138 Bank of Canadas Calgary of roll box homogenized paSleUllzed fices says Albertas farm in SlUlled partly skimmed dustryis generally healthy lh ll Rife 21 ams pa manzanilla Qt bag Or tintél°tgo1riitllfi agricutura inancmg CM House 12 ft 02 Slteifefi131L933 Dose 8M jar folios OI axo stuffing Canadian Chees Festival Mr Loblaws process cheese spread Black Dizirririrtrf lit1 tli lll 160 wttt tum cheese slices Kraft process if er velveeta cheese Green Giant fancy whole kernel niblets 12 fl oz tin Florida frozen unsweetened concentrated South orange juice t2tt2fl OZ W18 froze coed TODD1g 00 Cool Whip Mrs Sm ins frOZIen pumpkin pie Mr Sveinson said there are five basic areas in which banks provide agricultural financing Chatelaine cassettesfists for improvements to buildings or fences for equipment pur chases for breeding stock and for everyday operating costs The basis for most bank fi l1 unMw 1w llgtlilli Nb hf nanping in agriculture is mm in NI it tacticiii 0w er El equ1ty Most Alberta farmers Wm 4W WW have good equny postions par iiitnu ticularly since land prices have risen sharply in the last two years Mr Sveinson said banks are concerned with the longterm earning potential of farms when it comes to assess loan eligibility They tend to treat farm operations in the same manner they treat all business We expect them to have reasonable amount of equity in their operation in relation to the amount of capital they wish to borrow MAKE FARMERS AWARE With this in mind banks try to make farmers aware of their financial status and analyse theireconomic position 99 Your chorcc pack of on Canada Dry soft drinks all flavours and get another Stances Christies tailléftobféliJiiaifiiéfififitffi his business and certainly do Off BlrifllDlzillllOlKl in liar farm tOOt someforecasung Werealm ll if iffnl cr5p snaCK is difficult to forecast the mar ketkor welather brig we like to 00 at tat wou appen in for 47 the worst and best circuni The most important question 50 130 glenbfcomes can we afford eris Mr Sveinson said there are instances where the farmer or the banker makes poor finan cnal Judgments With credit available for far mers from at least 10 different sources it is possible for far mer to acquire credit two or WM BMW pl 010 lfttri all varieties 195 it it trill Oman Spray whole or lolly 14 her times the Size of his ul paper towels 99 cat food t1 00 colour film 99 cranberry sauce rate that be so for only pllce 12 bar cheddar case of 24 10 fl oz tins cheese Futility Wllll lllfltlfyfdllt tiir1iitlrrrl iiitsiiw PM my Pviiitvrltigtt Farina lioxeit ill llatotns bad but in these $95 the on cw bylvniilti 130 Ziglgozinlrgiagkifiwgfelihgéilg roll Is bathroom 55 cake mm 1353 magic cubes or repayment to the creditor ff equally low llll llbllt Iéllli 131 tort Maxwell ousc it lolilawc all Vllflflllfy 11 liqpllxwlfifiHim 68 lr1lléiterfIthimitiosflln8518 yltég aMnlplSanfiliIASOg noth in toda faces ecial finan litfl lit litirl Stuart Ho rat cial difficulties ClilClry nuttit mm limits lfll Scotts llqllltl gold I5 it soup mix coffee rlch furniture pans 331 69 For most young people the initial investment requirement to get major enterprise operlt ating is probably far beyond Master Dry Dreiniurii limiter lyeol spray Crust ictliilrir or lllllll thelrmeansumessmeygetom 9L lll dog food dismfectant toothpaste side aid Hi more than pnce 1th In Alberta to get started in topnotch farm area land alone will cost you in excess of $120000 In general would say the minimum economic unit would involve $150000 at the start and even that may be too lowanestimate

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