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r8 the tribune thursday may is 1975 s3 -j- wwj j j rjljprj v jf j to stimulate housing enc a urban affairs minister barnett dansoo v intends to present a f contingency plan to the federal cabinet to cope with the still depressed i housing market in j canada a spokesman for mr dansonsr office said in j an interview that new initiatives will be sought to get a recovery of new housing starts v in a speech to the urban- development institute mr danson s said he remains t timistic that the number of housing starts can be j increased this year to the point where it will pmeet all of the requirements of our s growing population and the demands of kfjhew households being informed jj however in an in- ffterview after his speech ihe expressed concern fabout the level of starts u if i wasnt worried when m saw the march figures of m38000 starts i f wouldnt be doing my mjob j hedeclined ffdiscuss detaihv of contingency plan seems ifwere going to get 210000 starts were ijgoing to have to put more fm l q the gloom in the rehousing market has taken on added dimensions in birifli rate dropping to his it 4- recent weeks with the- starts were recorded in rental projects are evaporation of mortgage may 1970 some officials uneconomic at current money the tight liquidity expect figures for future rent levels because of situation in- most trust months to fall to orbelow high construction and companies which this level becausemort- financing costs provide the greatest gage loan approvals are lawrence shank- proportion of mortgages running below the rate man president of con- financing in canada r they were during the solidated building corp comes at a time when previous recession in ltd of toronto said a many builders are 1970 developer cannot make seeking funds for the i money even when ap- spring building season the most serious plying for assistance although many problem with stimulating under the federal builders have already starts is in the araa of governments ac- obtained funding com- rental housing celerated rental mitments others left it developers say new program until the last minute hoping to catch interest ratesjat their lowest levelsljaiders report a strong demand in recent tn sn 0 mr newman maintained dition of mostcahadian weeks foralmost all types housingjn canada may that the shortage of municipalibes he said of mortgage financing causin a decline in housing has alarmed fifteen years ago the and a resulting strain on itne birul rate yxing many young couples property tax covered 80 their treasuries p off having enough to force them to percent of municipal most- industry of children because of an postpone having children expenditures today that ficials are becoming jnabjitytoaffordahome he expressed con- figure has declined to 50 increasingly pessimistic accor to ixsinond cern over this in terms of per cent j about the housing outlook m of the future of society vhe a uiis year some strengh- families are spending ofdevelopers that had been expected to m a speccn to the more on recreation its municipalibes must seek show up in the spring and urban de a livefortoday type of much as possible in summer in new starts jnsmute mtoroiitc mr existence v development levies to following an increase in newman noted tharthe its one of the most balance their books the sales or existing 1973 ra of 15 8 births per depressing comments 1 you blame us for ex- houses thousand is one of the can make t torting the maximum we y lowest ever recorded he suggested that the can from developers president otkicnara in thelowest shortage of housing is the but frankly genuemen s depthsof the depression result of an in toronto feels tiousing didipeople stop having comprehensible maze of he accused govern- star childrenmikethey are bureaucracy- and v of continuing to 180000 for 1975 housing now imisplaced initiatives plan for i future starts in 1974 came to althoukh thereyare on- the part- of all development in a thats what i cajl salesmanship although thereare on- the part- of all development j20uw urnis cromparea other factors responsible governments j vacuum without basing j i in 1j7j for fewer births such as a part of the reason for any decisions on societys the latest figures are atcr num of the housing crisis is the future onhard statistical the lowest since 125900 women in the work force almost bankrupt con- data su 90day appro vm for subdivisions subdivision plans will be processed in 90 days under streamlined procedures being implemented by the ontario ministry v -of- housing according to margaret scrivener parliamentary assistant to housing minister donald irvine speaking to the urban development institute in toronto mrs the provincial governments goalis to speed up the processing of subdivision applications plans are clearing thv ministry in six months atpresent however she noted that any ap- plications for a subdivision agreement would have to come to the government in completedformfor the speedup process jo work she also said the provincial speedup is separate from approvals required from municipal governments 1 1 rm at ratcliff lumber limited for early spring construction f build kfv for you at prices that are hardtd believe ratcliff lumber ltd cbtfage plans prices anj information- imiiavfaiv v lumber limited js iv p- hwy7 sikennedy hd call- 2971661 j milu gofmley sideroad call 8881991 1 riwio 1 iw7 1