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the eXaminer serving barrie and simcoe county Wodnasday April 1979 Published by Canadian Newspapers Company Limited 16 Bayfield Street Barrie Ontario LAM 4T6 Bruce Rowland publisher NIWSIOOM 7266537 CIRCULATION 7266539 ADVERTISING 7266537 CLASSIFIEDS 7282414 Proud record of service Afte 222 years service to Simcoe North Dr Philip ltynard is retiring from active politics The 83yearold Conservative MP announced Monday he would not seek an eighth term of office Appropriately the announcement was made quietly at the Ryaiard family farm just outside his beloved Orillia The ltynard years in Ottawa began with his election during the Conservative landslide of 1937 It was then that Dr ltynaid began his personal friendship with former prime minister John Diefenbaker friendship that endures to this day During his tenure in Ottawa Dr ltyiiard kept up an active medical practice and once turned down cabinet position because of medical commitments As personal psysiciaii to Mr Diefenbaker Dr ltyiiard is credited with saving the life of the former prime minister during an incident in Ottawa in 1968 In another medical anecdote Dr ltynard was in the midst of an important speech when he was called to attend to MP who had suf fered heart attack in his office Small wonder that the Sinicoe North Ml became known as the house physician His medical expertise also qualified him to serve ably as the health and welfare critic During Liberal governments under Mr Pearson and Mr lrudeau and even at the height oflrudeauinania Dr ltynard always retain ed his seat for the Tories the longer he remained in office the more he seemed unbeatable Some joked that as an obstetrician the doctor had xxrsonally delivered enough babies to ensure his reelection But Dr Rynards political success was no accident He an in defatigable worker who could do the Work of man half his age He also possessed quality found in few piliticiaiislie was kind man Dr Rynard remembered things like anniversaries and people in hospitals He always seemed to know when son or daughter was graduating and there was always congratulatory note to help celebrate the occasion Thats the mark of an astute politician of course But Dr liyiiard did it with such regularity you knew it was also sincere interest in his constituents That interest was demonstrated time and time again If you had problem you phoned Dr tynard and you received an answer That kind of respynsibility was trademark Above all Dr Hynard had feel for the riding and for Canada It was feeling basal on faith moral character and selfreliance that Dr Rynard expressdl again and again There can bc no doubt that Dr Itynard served us well in his long years in itawa He has earned our respect and congratulations as he now leaves public life Dear Sir It was encouraging to read the let ter from Teddy Johnstone who said dont think all kids are nuisance to their parents Teddy we are on your side All our kids are now grown up and are out on their own But our door is still open to them and we welcome them at every opportunity Your business By VINCENT EGAN Business and onsumer Affairs Analyst Thomson News Service Between now and April 30 its safe to say thousands of Canadians will overlook num ber of perfectly legitimate ways to save money when completing their income tax returns for 1978 Heres rundown on number of fine points of taxation that are frequently overlooked starting with some that apply to investors Dividend tax credit This is credit equal to onequarter of the grossed up amount of dividends from eligible Canadian cor porations that you must report as income The credit is subtracted directly from total federal income tax on taxable income at an unnumbered line on Schedule Detailed Tax Calculation Carrying charges If you incur costs to earn investment income deduct those costs from the gross amount of that investment income The principal such cost would be interest on money borrowed for investment rposes but you can also deduct safe eeping charges fees for accounting services and investment counsel and so on Capital losses If you realized loss on the sale of capital investments such as stocks onehalf of theloss to maximum of $2000 now1 is dcduetiblc from your other income You can also offset 1978 income with past years losses that exceeded the annual limit SAVINGS BONDS Two sci ies of Canada Savings llonds thr 1968 Special Replacement Series and the 198970 Series 8211 matured in 1978 carrying special bonus over and aboc the regular interest coupon You have the choice of re porting the bonus as interest or as capital gain If you have used the $1001 investment income exemption already the obvious choice would be lo treat the bonus as capital gain in which casv one half of it becomes taxable as incomi On the subject of Canada Savings Itonds And they find many opportunities We feel sorry for parents who are not able to enjoy their kids and hope that you grow up with so many fond memories of your childhood that you will have positive effect on the next genera tion of parents Yours truly Macmillan Barrie Trim tax bills without cheating dont forget that the interest paid when purchasing these bonds through the payroll savings plan wdl be eligible for dedmtion as carrying charge similar to those described above Land speculation The budget of Nov 16 1978 provided deduction for interest and property taxes on land that speculator may be holding for resale or development How ever the deductibility applies only to any period following Nov ll llllllt IAX 7T8 Age exemption Anyone who was born in 1913 or earlier is entitled to an extra $1520 personal deduction for 1978 Disability deduction deduction of $1520 is also given to anyone who was blind in 1978 or confined to bed or wheelchair for at least 12 consecutive months ending in 197K fora substantial period of timecach day Education deduction Jlaim deduction of $50 per month for dependent even your spouse who was fulltime student with insufficient income to need the deduction on his or her own account Tuition fees however may be claimed only by the student no matter who actually paid the fees Iax credits In Ontario Manitoba Alberta and British Columbia residents are entitled to tax credit if their incomes dont exceed certain IOW level Eligibility can only be determined by completing the form thats attached to thc TI form Medical expenses While most people would claim the standard deduction for com bined medical and dental expenses have been unusually large which means higher than three per cent of your 19711 net income Remember that you can elect to bunch together the medical expenses for any 12 month period ending during 1978 if that would enable you to maximize the hills Moving expenses If you moved within Canada distance of at least 25 miles for job related reasons you are probably entitled to deduct wide range of expenses Get the pamphlet Moving Expenses and form TlM from the Taxation Office for details BUSINESS 7266537 NEWSROOM Cralq Elson manaolno adllor lan Mulgrew clty editor 8111 McFarlane wire editor Dave Fuller sports editor Claudia Krause Llfestylo odllor RE POR TE RS Stephen Nlchalls Dennls Lanthler Nancy Figueroa Lorl Cohen Richard Thomas Terry Flelds Stephen Gauer entertainment Gary Forbes Betty Armer camera opernlnr Dave Burcsllt photographer SAL Es hurl Sluvml Waynollny Adan ymlth Sluvu winner llurh llnullrm ASlf ll rmln tlllntlttf lrvuuyf Impell lnnli Mm lnl ADVERTtIINo Lon Sovlcll mnnnocr Pnooy nvnnnuh llulli lllnlu tllt visor Iinnn flonwwoolt lktloul where the east is demendoni Scurvq dogs The oil fiel orell1is wad Parliament Hill Hy SIEWAIII IaclEOl Ottawa Bureau Thomson News Sen ice As things turned out that move by Imperial Oil Ltd to divert some anadianbmmd crude oil to the Initcd States at the behest of its ISownlxl parent firm is Godsend to the Liberal election campaign At the time when the government seemed confused about how it should react to thistle velopmenl no one thought it would help form one of the most popular planks iii Prime Minister lrudcaus early campaign plat form Iliit it has thanks to some help from Iory Leader loe la rk From the legislature By DEREK NELSON Queens Park Bureau Thomson News Service TORONTO Nothing humankind does is totally safe Yet somehow that elementary fact is immediately forgotten when nuclear power is discussed The Three Mile Island nuclear accident in Pennsylvania is the case in point There is an implication in the saturation and slightly hysterical television and news paper coverage of the incident that nuclear power plants must he completely safe Not safe as airplanes are safe or coalfired plants or heaven forbid automobiles but absolutely per cent safe New Democratic Party IIncrgy critic Evelyn Gigantes farleton East put out press release and asked questions in the legislature alongjust that line Referring to Three Mile Island she said it could happen here Which is an objectionable statement NOT OURS Leave aside for the moment that Three Mile is an enriched uranium reactor using ordinary water for cooling while Ilydros plants use natural uranium and heavy water and have vacuum system to contain leaks Even ignoring that basic difference liganlcs view is objectionable mainly because of what she implies Of course it meaning nuclear accident of some kind can ha pen here Machines break own and human beings make errors Those are the catalysts of acci dents and nothing we ever do will prevent Il71llygrfiyru it at It uti Eli in 1W CJvV BUSINESS Marlon cough accountant Delve MIIII Gall McFarland Vllrkl Grant Brenda woodl Don Saunders Lorne Wass Will Cadooan Slnn Wruy Bill Raynor Ed Allenby Janie Hamel Susan Kitchen Ron Glider Barbara Striol PRESSROOM CIRCULATION mll Hollies manager Stove While assistant manager Andy Hnuohlon Ivn nPlanlc lad Worry lnlnl Porter Cheryl Alkon Harris Blanchard Brian Marr COMPOSING ROOM Jack Kerney foreman Glenn Kwun asst foreman Don Near foreman Fred Prince asst foreman The Examiner is member of The Canadian Press CP and Audit Bureau of Circulaflons ABC Only the Canadian Press may re publish news stories in this newspaper credited to CF The Associated Press Reuters or Aqence France Presse and local news stories published in The xammer Published dolly except Sunday and statutory holldoys WE EK LY by carrler chnts YEARLY by carrier $4630 Copyright registration number 7038l5 register 61 BY MAIL Baffle National advertising offices 65 Queen St Toronto 864 1710 640 Cathcarl 5L swcoa coumv mm $3900 MOTOR THROWOFF 341505 year ELSEWHERE IN CANADA 841003yur Oil diversion by Exxon Godsend to Liberal campaign 55 it 2x idititlflidiir15itd1005Uvfleitwwcm itllifhfi Evi in jvf flit jvf itlt infer ii1if lirjfrllj lhe groundwork was laid long before Exxon oiixnitioii thats Imperials PS parent decided to divert Venezuelan oil from its intended anadian destination to the States It goes back to the formation of Petro Canada the rown corporation established by the Liberal government to deal with foreign governments or other oil companies The onservatives have never spoken highly of Ietrocan and at various times they have said Tory government would abolish it overhaul ll or turn it into privately owned company But until the Exxon diversion it was not really burning issue in the country No technology completely safe them occurring somewhere sometime Still even at Three Mile the nuclear iii lustry has kept its North iiierican record intact of never losing human life LAIIIR DEATH Hill the critics respond nuclear deaths are longterm in that radiation exposure may mean cancers develop in later years Thats true but misleading The longer were alive the more chance we have to coiilracl cancer Even houses and office buildings emit radioactivity trilics are really saying that nuclear power unlike other energy forms can have no trade off in human lives in exchange for needed energy prlxluction llut that cruel tradeoff already exists Only the major culprit isnt nuclear bill Killeroal OAI KILLS The American Medical Assmdation in figures from Fortune magazme last November once estimated the number of fatalities single 1000 megawatt plant might cause annually using four different fuels These included deaths from wcupational XpOSIlIt such as mining and transport environmental effects like air pollution and radiation as well as the death risk in ac cidents like Three Mile oal was estimated to kill three times nuclear oil and gas combined Yet no one suggests cool be abandoned Or that all airplanes be grounded because an other jet crashed killing 200 people lechnology by definition is dangerous Yet we all live longer and enjoy better mate rial benefits than ever because of it ynyg éllffi Jiit ic WsW But after the diversion the government said this roved that Canada could not afford to dcpcn on foreigncontrolled oil companies for its supplies And to insure that no more Venezuelan oil would be diverted future supply contracts with that country would be negotiated through Petrocan Finally Petrocan had an important high profile role to play You need Canadian corporation which will look after Canadian interests declared the prime minister It is not only to deal with such countries as Venezuela and Mexico and Saudi Arabia and China and those where we will eventually get our oil but also dealing in Canada to make sure that the non convcntional sources of oil the Arctic the High Arctic the Atlantic coast the Syncrude oil the tarsands PetroCanada is the Crown corporation belonging to the people of Canada that can stand up to the Exxons of this world that can stand up to the provincial governments During the first week of the campaign the prime minister talked about Petrocan in vir tually every speech The Exxon diversion proved its value he said Now finally there is an oil company wholly owned bv Canadians that can stand up to the multi nationals No more he declared will Canadianbound Venezuela oil be diverted to US parent DIFFICLLT SPOT The Conservatives have not had an easy time articulating an energy policy that differs much from the Liberals and the commitment to abolish overhaul or privatize Petrocan clearly doesnt help Clark was in an obvious quandary when the subject arose at his first campaign press conference And he can be sure it will be raised good many times in the future What he was asked would he do if he were prime minister and imperial Oil diverted oil to the LS under orders from its parent firm Well he replied he would talk to the company in private and he would talk tough But what exactly would hé do The answers didnt come easily The Tory leader mentioned that the government had the power to nationalize companies which is not convincing response from someone who wants to denationalize Petrocan And he also talked about things the government might do with export permits But most of all he talked about environmental laws that might be more rigidly enforced around the Canadian subsidiaries of multinational cor porations In view of the Exxon incident and the Tory commitment to change Petrocan Clark prob ably feels the less said on the subect the better And this is preciser why Tru eau has this curious compulsion to talk of little else The Examiner claims copyright on all original news and advertising material created by its employees and published in this newspaper The advertiser agrees that the publisher shall not be liable or damages arts lng out of errors in advertisements beyond the amount paid for the space ac lually occupied by that portion of the advertisemenl which the error oc curred whether such error is due to the negligence of its servants or other wise and there shall be no liability for non insertion of any advertisement beyond the amount paid for such advertisement The warld today Libya comes to lclis aid By JOHN HARBRON Foreign Affairs Analyst Thomson News Service The military involvement of Libya on the side of Ugandan dictator Idi Amin Dada exposes to the world again the ominous role of this North African Islamic state in Third World activities These have been associated with the most extreme of the world terrorist movements the Provisional IRA in Northern Ireland extremist wings of the Palestinian Liberation Organization the Venezuelan superguerrilla called Carlos Libya with anticipated future income of $8 billions this year following the April lst hike in world oil prices by the oilproducing countries has more than enough money to be major world mischief Her leader Colonel Muhammar Quadaffi remains incorrigibly antiIsraeli determined like the PLO on that countrys destruction Her best troops and weapons presumably those bought from Western countries are assisting Ugandas cruel leader because he too has supported the same violent causes as the Libyans What will become of Libyan presence deep in black and distinctive East Africa through control of Ugandas capital and key exits is impossible to assess WORLD BANKER TOO What adds even more curiosity and frank amazement to Libyas external role in the world is that there is another side to it discreet and shrewd investment of Libyan oil earnings in European capitalistic banks and industries Through that countrys Libyan Arab Foreign Bank LAPB in charge of highly regarded banker Dr Abdulla Saudi the Libyan military government has bought 10 percent interest in Fiat the Italian car and truck multinational and extended half billion dollar line of credit to Italys state oil corporation The LAFB was instrumental in starting and helping to fund three new Arab banks in Ma drid Athens and Lima Peru of all places And finally Dr Saudis worldwide ac tivities have also made his country major buyer of petrooollars form of global currency which moves around the world seeking the best investment potential Business Week magazine in revealing report on this quiet aspect of Libyan state activity abroad estimates the LAFB has assets of about $11 billions and has already participated in global joint ventures up to $3225 millions The financial institution comes under the keen and watchful eye of Libyan President Quadaffi as does every state activity there Yet all its activities indicate no known connection with the countrys extreme left wing and proterrorist activities nor even with the countrys vast Western and American arms purchases Indeed the Business Week piece concludes the more oil earnings the Libyans invest in Europe and in the Lnited States the fewer will be the funds remaining to finance and help arm world terrorists gt One of the truly ironical Libyan financial and trade connections is with Italy which once held it in fief as an Italian colony bet ween 1912 and when it was conquered during the war by the Eighth Army of the late Field Marshal ontgomery In 1978 Italy bought $16 billions in petroleum products from Libya which in turn imported about $1 millions in Italian goods Perhaps Libyans see the tables turned where colonialism is concerned their version in place of the Italian Interpreting the news Nuclear safety under question By GLENN SOMERVIIIE WASHINGTON Pl One of the bitter legacies of the Harrisburg Pa nuclear accident will be the knowledge that people have been misled about the safety of nuclear powar lants Pubfic officials told Americans nuclear power was the clean efficient fuel of the future that would break the petroleum stranglehold Arab nations hold on the world Power company representatives claimed there were backup systems for the backup systems at giant plants dotting the couri tryside at 70 locations III the United States So when the sciencefiction nightmare of nuclear plant going amok or threatening to do so hit Pennsylvania last week few knew what to do No one believed it could happen Now many ane angry and feel betrayed If the worst had happened at Harrisburg officials now concede an area 35 kilometres in radius might have been laid waste by radioactive contamination The plants oper iitor Metro olitan Edison admits some systems failed Pregnant women and many small childnn have been ordered out of the area Its for difference ene from aiw con templated before the Pennsylvania incident and its something the industry and govern ment will have hard time living down Fate followed fiction at Harrisburg The events described in the hina Syndrome current movie do icting nuclear accident in California fares ndowed the Pennsylvania incident Ironically the nuclear industry spent thousands of dollars sending letters to news papers radio and TV stations last January debunking the movie before its release as preposterous and public disservice using phoney theatrics to frighten Americans Certainly Americans now are frightened but by real events They are also confused and upset over conflicting information pining from company and government of ficials at Harrisburg