f utm y *' *' 38 t oo 4. . as.'x /A Tukhthith 2 > m o ~ n eeran o eenermie . . * 1 e oo 0 Feeruary i6 ' & -- 84 *#..* . , x 121 Miles--of Pavement e & 3 # # Laid in Ontario in 1939 & se esmm mm mm o mm The Ontario Highways Depart-- & ment carried out 199 miles of grad-l | ing during the past year, laid 121 o & | miles of pavement, and built 42| H hl h+ f B d + i > ' major structures, Premier Hepburn? Ig Ig S o u g e | 'declared yesterday in dealing with | | activities of this department during' | Highlights in Premier Hepburn's Budget address, delivered the course of his Budget address. | yesterday before the Legislature, include: Work programs during the twelve-- | ' An interim deficit for the current fiscal year of $4,444,929. month period had been generally An estimated surplus for the fiscal year April 1, 1940--March modified, and an effort was made 81, 1941, of $356,239.16 on estimated ordinary revenue of to consolidate projects already start-- $89,051,209.40. ed or nearing completion, he said. | An estimated decrease in the gross debt during the next _ _"While capital expenditure for the ' fiscal year of $864,899.23 and an estimated net ordinary expendi-- \coming year must be reduced to a ture (not including unemployment relief) of $82,744,970.24. Un-- minimum, it will be thetpoli('.\' lof employment relief and administration thereof is estimated at the department to carry to conclyu« $5,050,000. f,':'c'o;f;}jf";'df?.°'_:':i;";,'f" flepourn. An increase in the gross Provincial debt of $24,482,239. It is "The major part of the work in the noted that capital expenditures during the year amounted to North last year consisted in .the nearly $26,000,000. ::":i'::' '::uzf' r';'p:f;: C':;'flr;,wfg:ou:g A declaration "that the Province will not embark upon any the Temagami Forest Reserve and program of new capital expenditures whatsoever . . . to leave the south and west of Kirkland the borrowing markets free and unhampered by Provincial Lake. The Porcupine "'i"t'.'"F '(';:'l:;: financing, so that the field may remain clear for the Dominion ::m' c':::cr;:: ,:,2',?":1:\: * Government to finance the successful prosecution of the war." . "Soeuthern Ontario this year has A reduction of a half--mill in the current one and one--half :;en S\lb;lia!\;i:l h';:l)\g\: :is "";:'d';, O"r': mill subsidy that is being paid to the municipalities. Higirged> ut duniniiees ohige divpl f A statement that expenditures directly attributable to On-- ' V E;n:k tcoonoc:fi?:'a?}dwa':hstwg;tt\h:roi?\e)s' tario's assistance in prosecuting the war amount to $1,057,748.59. "andt at 1{:: ;-:::ic;rnn :fmt ;ai:wfii 'tzri)l wr :; y A pledge th:t Ontari(i) will rmae:t. its cont;actual otbligations | ronto. 1 ul " rrespective of the operations o verse exchange rates. Costs f::s"':f;(',?cgatfg ",,}.*'f}f,,'f\'{',,,-;r;}f\.'f n:; for the ensuing fiscal year are estimated to be $1,842,913.88. ' the Queen Elizabeth Way. While A declaration that any succession duties receipts over a ; much rtjmains to be done to comt« normal amount (estimated at $12,000,000) will be applied either _ Lr'l':t: jt':'q':i(?:t;'ctll'l):'"?acr';:!c' :-t\::;dwfif-: in a reduction of capital expenditures or for reduction of the | | involved. Traffic has been attracted debt of the Province. in greatly increased volume; at Declaration that the proposed increase in corporation taxes 7 ;::;aes b:y'o:\ r';lfi:(;'epo?a(ptall;;'oI:'nw' hii shall not be, in the hope of the Gr'overnment. A permnlent part former two highways between To-- of the fiscal system. Increased revenue is estimated at $5,000,000. ronto and Hamilton. __--_z__ _ _ _2z _2 en egecjue d en neprnreainte n ons "Eurther progress was made on the divided highway ge;f-:)?;r\ni?l':} noque an FHIEG, | :::\;;egntgg?;\:?mernalional bridge | Expecfs Growth at Ivy Lea. Prip; ;ot:\? r;z:?:::;' ' s | :li::)bg' ::fuscmt'):lcfossil;\g b,\l"lfg&;'ile | |I1 PUlp Ml"S | inity was about 14, z::x:';'l:a:.iclli"'ro% the openinghot t:'\;l Because of War 2?';':':'2t.A¥:3\3?"n193:'-r;:dtae tgtu! Important reaction on the of over 198,000 motor vehitles." ' pulp and paper business of the @mneneantngemeees ie en n Province may be a consequence | of the war, Premier Hepburn | | forecast in his Budget as he | | predicted that the loss of the | ' Scandinavian trade with the United States would afford On-- tario an opportunity of gaining additional markets for its pulp and paper. Reforestalion during the cur-- rent fiscal year, he said, estab-- lished a new record when more than 16,000,000 trees were plant-- ed, the largest number by 4,000,-- 000 in the history of the Prov-- ince. "All this nursery stock repre-- sented nearly 11,000 recipients and involved an investment that will in years to come en-- hance the potential -- forest |_-- wealth of the country and pay ! _ substantial dividends to the » ' holders," he said. %