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SATURDAY, SEPTEMBER 2, 1961 It is well known that the Canadian economy in recent years has ex- hibited a growth and development compar- ing more than favor- ably with many other countries. During this period the Province of Ontario has led other areas of Canada in the development of second- ary industry, industrial development could never occur if there was not an adequate supply of fuel and power available. In Ontario the demand for all forms of energy increased by 81 per cent in the last fifteen years. Between 1945 and 1959 natural gas consumption in Ontario increased by 1050 per cent. Almost double the increase of any other fuel. Natural gas has contributed to the industrial growth of this Province in many ways; it is used in the mak ing of pottery, glass, bricks, bread and a thousand and one other necessary pro- ducts. Synthetics de- rived and processed from natural gas make the dresses, sportshirts, shoes and hundreds of other common items you wear and use daily. However As the population and industrial complex of Ontario continues to grow so will our use of natural gas. DEPARTMENT OF ENERGY RESOURCES Hon. R. W. Macaulay, Q.C. Minister S. W. Clarkson Deputy Minister ONTARIO TODAY Mr. Macaulay at Ontario gas well site, Benetits Of New Energy HE tremendous increase in the number of customers and the amount of natur- al gas consumed led the Ontario govern- ment, in March of 1959, to establish the Department of Energy Resources. This department's purpose is to. estab- lish safety codes for the gas industry and for the most economic and efficient use of Ontario's energy resources. Since the creation of the department two new safety codes have been introduced that . take into account the extremes in climate that prevail in Ontario. These codes have done much to add to the safety with which gas can be used. Ontario consumes the second largest volume of gas of any province in Canada yet produces only 19 per cent of the natur- al gas it consumes. Most of the rest is brought from Alberta in western Canada by the 2,700 mile long Trans-Canada Pipe Line. The completion of this pipe line in October 1958, was probably the most im- portant event in the history of natural gas in the province, and fully justified the ef- forts of the Ontario government in urging and supporting a northern all-Canadian route. With this completion Ontario gained a new abundant "energy resource". The Trans-Canada Pipe Line quelled the rising flow of dollars being paid to American coal and natural gas producers and materially helped Canada's balance of 'payments. Since 1958 natural gas, Ontario's newest "energy resource", has done much to im- prove the social and economic well-being of the people of Ontario. Completely new industries from sugar refineries to chemical plants have been established in Ontario, using natural gas as a source of power or a raw material. Also, heating costs for many, particularly in the north, have been reduced. Many reductions in the rates charged for natural gas have come into effect in the past three years. These .reductions have lowered the cost of fuel for thousands of consumers. B-A's huge gas processing plant at Rimbey, Alta. PAGE SEVEN with Char- tered Trust Guaran- teed Investment Cer- tificates . . . $500 to $50,000. Interest paid June 30 and Decem- (OYTO E-X-YUT=Yo [iG fo] giF-1 term of 3 to 5 years. Trusteelnvestmentin Province of Ontario. ¢ cheque. To be oT-2-9 (please print) (or nearest Branch) Mail this coupon now CHARTERED TRUST COMPANY, 34 King St. W., Toronto 1, Ont, _years (3 to 5) for which I enclos registered as follows: [J] Guaranteed Investment Certificates to the value of $ for [] Booklet containing information on G.I.C.'s Please send me: