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Page HILLS OUTLOOK Saturday February 13 Outlook Is published each Saturday by The Hilton Herald home Halton Hills Second Clan Mall- 2201 PUBLISHER Don Brander ADVERTISING Carl Stake EDITOR Dave Rowney Registered Number Tbeir Outlook MARKETING REPRESENTATIVES Sharon Rollings worth Mc Cough Karen CLASSIFIED SPORTS I Mike Turner I Elaine STAFF WRITERS Brian MacLeod Cheryl PRODUCTION SUPERINTENDENT Dave Hastings PRODUCTION ASSISTANTS My lei Gllson Mary Lou I- or man Annie MlkeBowen Pauline Miller PRESSROOM Brian ma ASSISTANT Ry chard PM learns little from past scandals Ottawa Report Stewart MacLeod Thomson News Service Considering the vast experience Prime Minister Brian Mulroney has In handling scandals he really t perform with any distinction in the case of Michel Cote Sure be acted quickly demanding the resignation of his supply and vices minister within hours of hear log that Mr Cote had violated conflict of interest guidelines by failing to disclose a personal loan But opart from that fast action there was nothing to Indicate Mr Mulroney learned much from his ex in explaining the departure of tainted ministers Mr Cote became the eighth cabinet minister to leave under a cloud On this occasion the timing was a critical factor because the Commons was already in an uproar over the revival of the Marcel Masse affair Mr Masse now energy minister resigned from cabinet in 185 while his election spending was in vcstlgatcd When no charges were laidagfllnathlm But recently it was revealed that while Mr Masse not charged he was found to have violated the Elections Act with his campaign spending Since that revelation the opposition has been railing against the government demanding to know why If the minister was not totally vindicated he was invited back into theminisry Mr Mulroney and Ins government did not handle this m niter with great distinction either Not only were most Questions left unanswered but alter indicating hat a Commons committee would havt a free hand to study the issue this dldn turn out be the case The reference were so narrow Mr Masse I even be forced to ap pear However he has asked to ap pear on Tuesday But before this happened the TELLS LITTLE It bad enough having to face Parliament with any scandal but to do so before an alreadyenraged requires great skill apart from he speed of the firing there was Utile sign of any in this respect Since the main opposition gripe In the Masse affair centred around the prime ministers alleged failure to answer questions and provide all available information one would think Mr Mulroney would make every effort not to compound Ihls But he did compound it by falling to provide any details about the financial dealings of Mr Cote He spent an entire Commons question period losing ground by suggesting we d gel all the information a few minutes later when he departing minister made a statement Mr Cote said cvin less than the prime minister He apologized for not revealing a personal loan from and that wasobout it As could Be expected the was furious I and New Democratic parly MPs didn I know whether wire dealing with a loan for bus ticket or multi mill on do lor transaction Nor was the name of the lender disclosed In the circumstance it in callable the would he government of a up They been this ground too many limes td Broad bent said lhat when leave more questions unanswered than hive been answered then jou question whether the is trying lo pull the wool over our eyes Berrys World beginning to worry about you and this COCOONING business Staff Comment BRIAN A sudden outburst of inflation unlikely Your Business Business Thomson News Why is It our ate as Canadians to pay interest rates thai arc higher than they should be and to endure a government lhat seems lo think an eight per cent jobless rate is full employment In the United States interest rates are substantial lower than Ihey are In Canada the unemployment rate Is less Ihnn six percent Recently a sudden downturn in by a quarter of a percentage point to per cent As of Thursday Canadian banks had not followed suit American bankers pared their rales in response to falling interest rates on financial markets where they borrow money wholesale lo lend to consumers and businesses The prime Is Important because It serves as a benchmark against which banks price their business and But while US rates were falling John Crow governor of the Bank of Canada was busy explaining lo the media how he was holding Canadian rates 1 percentage higher than American ones light off tion at a time when no Canadian is strong In relation to the S Why Mr Crow expects sudden outburst of Inflation when the economy Is already showing signs of a slowing Is difficult to understand If Ihe of huslmss cycles means anything nil we can ex peel the economy will weaken nftcr six years of not suddenly nick up steam again ELATION South of the border policy makers have spent the past five years deflation sparked the light policies of Hoard chairman Paul Voicker in 1980 and With economy showing signs of faltering however briefly It is doubtful thai will be a threat In the cur rent business cycle Mr Crow is fighting battles past and fulure but he is doing little for lie economy it stands The lie is On is well is a shortage of workers in Toronto where pnccs for houses and oilier things an high and rising Inflation could break out In central Canada and spread throughout the country so his reasoning goes He dead One wonders where Mr Crow was when the market crashed Toronto s unprecedented boom of the past two or three years is over prices arc high and falling The hlg demand for workers cannot be filled because the wages offered are not high enough to meet the costs of living In Toronto ECONOMY COOL Layoffs at the big banks and brokerage houses on Bay Street are chilling the economy People are staying home more and saving money In the United Slates money is disappearing from the system In d I eating thai people are literally socking it away under their mot The central bank governor should wait to flghl inflation until he can see the whites of eyes In the mean time he should give some thought to unemployment which is sure rise as Ihfc economy slows Mr Crow Is worried about the tenuous strength of I hi Canadian dollar role 11 not clear why A lower valued dollar makes travelling abroad expensive but it actually helps Canadian exporters To bo fair inflation likely will be a some lime within the next years But it is not a real and present danger in 1988 Dying to take risks Have you ever sat there quietly quaffing down a long cool glass of water on a hot summer day and wondered if lhat glass of water just Improved your chance of dying No Then start have to if you lived In Miami Because drinking Miami water for one year Increases your chance of death by one part of one million or Never though of it lhat way had There more A study done for the Federal Dangerous Goods Rail Task Force Toronto Area Includes In it In a neatly printed lisl of all the things that can increase your chance of death by one part in one million Thoyincluoe smoking 1 cigarettes drinking a half litre of wine spending one hour in a coal mini black disease spending Ihrec hours in cool mine accident lining two days in New York or Boston air pollution travelling six minutes by canoe travelling ten miles travelling miles car flyingl miles by Jit flying miles Irom cosmic radiation living two m in Denier in vacation New York cosmic radiation again living two months in stone or I nek build cancer caused Ij natural radioictlvily one chest ray taken in a good hospital living two months with a cigarette eating 40 of butter 13 cans of living five years at the of a typical nuclear plant in the open drinking w drinks from recently banned hot lies living ISO years wtthli miles of a nuclear power plant 100 charcoal broiled living within miles il a nuclear reactor fnr years Sort of makes you want to sit back and reoval your life lie Enough you say But there Those friendly souls with heir heads lucked deeply Into computer banks have some even more telling figures Did you know that the average on risk for a professional aerial Is more than two times ten to Ihe negative paw of three The average death rate In that sport is and people arc estimated to be at risk annually The study even has the risk of death from football divided up Into games professional and semi pro high school and college Hot no one ever explained Ihe risks of spelunking to Yes you have more than one times the of negative four of dying from spelunking Nowhere In the does it mention Ihe chance of death for the