Newmarket Public Library Digital History Collection

The Era (Newmarket, Ontario), November 12, 1975, p. 26

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OTTAWA REPORT growing antiinflation program will fail for Canada Qualified authorities agree that any control program must be introduced with an initial brief period of absolute freeze Secondly they point out that an income control policy is not the appropriate mechanism for redistribution of The Canadian approach breaks both of these basic rules The government does not contemplate an interim complete freeze and they plan to use their controls for button of income through a dividend freeze ami a view government plans in detail are shocked the confusion that now exists There is no mprehensiveplan to deal with inflation These icials point out for example there is no lu xation to what extent the government will strict the growth of our money supply or their spending during the control period em pig ye inning wit first month to compensate for an anticipated first year percent percent the third ease to occur in the ft year howevei allowing the wage month of each yei guideli have required the anticipated inflation i The wording be limited to the of SLOW per month the government plan will at month anticipated inflation would only be of percent not the full percent Thus to or inflation the person should only mon employee Ing excess out the s own guidelines The following table reflects the discr hoped that the year term will be reduced more reasonable period Many union leaders have already that they would sooner go to jail than abide the suggested guidelines It sounds like talk until you realize the governments legislation exempts unions and union officii from rules that apply to others In short union leaders and the unions themselves incite others to break the guidelines but there no danger they will go to jail or be fined the other hand the Month One Month Six Month Twelve percent 11 Savings for Builders savings For Builders CASHWAY and Buildit VAiirealff D and Build it Yourself People something different on Nov BUY NOW AND UP TO Ton Pickup Cantor SEDUCED TO 1973 Tarinio ECONOMY Vega Chevy Plymouth 1 OR 1974 Hatchback Plymouth Plus Mustang Grande ftud Pinto Station Wagon Cadillac Coupe

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