The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Lack Of Mortgage Funds, THE OSHAWA TIMES, Friday, September 23, 1966 117A Ontario Electric League Land Costs Key Problems | Now Ready To Roll Ahead In a period of rising costs, dustry problems through the there 'are two parties who formation of a Residential Re- find themselves hopelessly trap-|search Council, which would ped because of prevalent ee-| study economic as well as tech- onomic conditions -- the con-|nical matters. the 'person, who | SE a ne ee rhe pro RESEARCH PROGRAM = duct - in making tie announcement ' on tiny concerning. formation of the In the residential construction Council, he sald: field, the house builder is all) with our industry facing a too aware of this danger and) period of the greatest espan- for years has been carrying ON\sion in its history there are technical research in order tO numerous problems to be sol- produce housing using the best/ved in order that we may be materials and building methods yeady for the higher production in the most economic wWAay.!/necessary in years ahead. As However, builders now realize many housing units will have that this technical field is not to be builtin the next 34 years the only work required to make as were constructed in Canada their product attractive to the during the past 400 years. This market. is a challenge, which the As- The greatest obstacles in the|sociation, as representative of way of progress today ave to the housing industry, has ar- be the periodic shortages of cepted. A housing research pro- mortgage funds and the cost of gram to study the problems gerviced land. These two items has therefore become of pri- were pinpointed by Jean - Yves mary significance, Helinas, president of the Na-| "Over the past 10 years the tional House Builders' Associa-|/NHBA Research C om mittee tion, when he announced that has been a most active and his organization was taking ac-|effective group in the technical methods of construction as well) Manager W. L. Scott of the On- as building standards came in tario Electrical League, says all jfor close attention from the) committees of the new organiza- |Committee and as a result the|tion are staffed and reatly to |consumer benefitted through re-| roll, he peorties and better build-| coven important committees Tteweuas 'etre rer ap-have- been formed and. shortly |parent recently that, while this|'hey will an er. he technical phase has lost none|S#y8. "Already the hi L has of its importance, it.is necess-|@steed to sponsor this year's | og BB, electric heating industry confer. ary for more concentrated rer : search to be undertaken on the|ence which will be held in Tor- economic factors involved in|9Mto on October 17th. our business. That is the reas+| Noting this was only one of the on that we are enlarging our) Many areas in which OEL will research activities from a com-|be involved, Scott explains "Our mittee level to that of a Council|main aim is to meet the needs embracing both technical andjof the electrical industry and economic research committees their customers as effectively as within its structure," possible, | are oe a | "Bringing two such large asso- ga = ag bn 4 aig (lations as the former Eelectic i yl . pil keg ren may Heating Association and the method be found to develop a Electric Service League of On more stable source of mortgage funds. He pointed out that his/trends in housing costs. He industry has long suffered said that these periods when from the periodic shortages of builders must cease operations mortgage money in post - war, make it impossible to plan a years and that this condition co-ordinated building pro- tion to meet these other in- field. New products, improved' has contributed to inflation gram, As a result he noted: tario together necessitated sound and solid planning. 'With emphasis on all-electric living gaining strength daily we needed to co-ordingate and con- solidate the thinking of utilities electrical manufacturers, con- tractors and others wie maxes up the electrical industry," sta- tes Scott. The committees and their chairmen: "Electric Heatin R. G, Ellerker of trie Co., Ltd. 'Medallion and Red Seal Stan- dards", George Vaughan of Ca- nadian General Electric Co, Lid, "Contractor Certification and Training', Norman Goodis of Goodis Eelectric Lid, "Finance", A.G.V. Smith of Markel Electric Products Ltd. "Program and Publicity," John Brittan of Canadian West- jinghouse Co, Ltd, "Triple Seal and Medallion d- |ministration', W. C, Trenholm of Ontario Hydro: "Electric Heating Servicing", G, E. Marshall of Canadian Chromalox Co, Ltd, Standards", orthern Elec- DODD & SOUTER DECOR CENTRE LTD. DECORATE! U NOW IS THE TIME. I Doddé Souter Has fvorything | y A 4 Your Decvrating Needs... @ PAINTING (Interior and Exterior) @ SUNWORTHY WALL MURALS © BROADLOOM & CARPETS -- (Tops In Quality) @ PAPER HANGING @ COLOR SCHEMES @ CUSTOM DRAPERIES DODD « SOUTER Decor Centre Ltd. 1 BLOCK WEST OF 4 CORNERS -- TURN SOUTH 107 BYRON ST. S. -- WHITBY PHONE 668-5862 THIS IS NO BULL! FRENCH CHAROLAIS BULL... PHOTO COURTESY EASTWOOD FARMS OSHAWA'S GREATEST BARGAIN EVER! ----HOMES '(os FULL DOWN PAYMENT TO ONE N.H.A. MORTGAGE NO GIMMICKS -- NO EXTRAS (To Pay For) The Marlborough $20,445.00 ~ $18,995 With All These Exclusive Features... @ Plate glass mirror in. bathroom @ Bathroom vanity @ Burnt clay brick @ Every lot treed, some with walkout basements @ Fully decorated --- your choice @ Homes not less than 1200 to 1900 sq. ft, 6 MODELS TO CHOOSE FROM 3-4-5 Bedrooms, 2-3 Washrooms Storms and screens Plastered walls, cornices and valance box Oversized 50-65 ft, lots Double kitchen sink Exhaust hood Fully sodded back and front including city boulevard Come to Prestige DOWNSVIEW PARK OFFICE On Adelaide East and Central Park Blvd. No Other Builder Can Duplicate Our Fabulous Value! BUILT, BACKED AND SOLD DIRECT TO YOU BY: SARICK HOMES ° LIMITED TELEPHONE OSHAWA 723-8201 Our own trained personnel are on the site to assist you, Browse in comfort --- no obli- gation ---- no sales pressure. | | \