Georgetown Herald (Georgetown, ON), March 18, 1989, p. 3

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THE HERALD OUTLOOK Saturday Mirth 1 J Mat- Page t Welcome delay to ministers meeting Over the hill David Cole 2 of Georgetown en joys whats left of snow at Cedarvale Park last weekend David his brother Brian and his dad John spent a sonny Sunday tobogganing and crossing their fingers that the sparse snow wouldnt melt Herald photo Preconception seminar The Regional Health Department is planning to bold a Preconception Seminar to pro vide information for anyone plan ning a pregnancy in future The seminar will be conducted Thursday March 30 at 251 Main Street East in Milton from 7pm For any further information on the seminar call the Halton Horticultural Society meets The Acton Horticultural Socie ty will give everyone the op portunity to learn about their lawn as they host a meeting this Tuesday March 21 at 8 at Knox Presbyterian Church Everyone is welcome BACK Region Health Department at Whether its by good luck or good management Prime Minister Brian must be grateful the First Ministers meeting on the economy has been delayed until fall After all no one other than a would welcome a public scourging by the cato tentails one lash for each provincial premier if he or she could avoid it And under current cir thats what Mulroney could expect in an open forum on the issue of interest rates The premiers who are unanimous in their disapproval of the Bank of Canadas policy of using high in rates to fight inflation say this tactic is damaging then local economies The delay until fall for what has become a regular economic round table sounds logical enough It hap pens that Albertas Don Getty this years chairman of the provincial premiers has called an election for March 20 Originally Calgary was to be the site of the economic meeting last November but that was put off first by the federal election and now by Albertas cam Naturally it would be inap propriate to have a major federal- provincial meeting While the pro vinces politicking is going on The delay suits both Getty and Mulroney Getty can pose during his campaign as the great defender of Alberta and the pro vinces complaining endlessly about the heinous federal interest- rate policy He can also shout no go to any scheme advanced by Ot tawa for a national sales tax COMPLAINT IGNORED Gettys bleatings while great fodder for Alberta voters will be shed from Mulroneys back as water is from an oilskin The prime minister and his cohorts will not feel overly compelled to defend themselves against remonstra- Why wait for your tax refund when you could Set Cash Back fast If you qualify and are eligible for a Federal refund of or more you can get a cheque for 85 of the first 300 of your Federal tax refund and of the rest Plus your Federal tax return will be accurately prepared at no extra charge So why wait for the refund cheque IB arrive by mail Ask about Cash Back at Block and get your refund fast Main St North Moore Park Plaza Georgetown 8776733 Mill SI East Acton 8531771 Learn to Drive and Survive I Young Drivers of I Training centres coast coast Driver Training for agtt pick up it home for Instruction Mucin Young Drivers praartmm Is nut available through any local high school Dtenaiv driving you can with NEW CLASSES STARTING MARCH 2289 EVERY WEDNESDAY THURSDAY EVENING PM to 1000 FOR 4 WEEKS APRIL 19 CLASSES AS WELL 1000 FOR WEEKS 8770751 16 Mountainview Rd S Georgetown FOR BRAMPTON OR BRAMALEA CALL 4590417 OVER 300000 GRADUATES RECOMMEND Young Drivers of Canada By Vic Parsons from the West Interest rates will continue upward For Mulroneys part the delay will mean an escape from the possibility of a televised confronta tion with tbe premiers Experts are saying rates will likely peak this spring and should be on their way down by next fall when the economic is held The prime minister can hope that by then the premiers fervor will have cooled Sure theres a oneday pre- session coming up next week when Finance Minister Michael Wilson meets his provin cial counterparts But these meetings are closed brief and not as well publicized as the First Ministers tetes Even if the provincial ministers all gang up on Wilson the public spectacle will be limited But while postponement of the meeting might be a happy turn of events for Mulroney and Getty what of the country The worsen economic situation tells us the time for talk is now The pace of national economic growth is slowing By fall Canada could be heading into recession And while a slowdown may just mean a cooling off for prosperous Ontario it could be disastrous for parts of the country with sluggish economies Ontario Premier David Peterson said this week that interest rates are close to tipping the balance possibly into recession Meanwhile as interest rates soar with the central banks deter mination to contain inflation the costs of tbe policy are lashing economy bard High rates may help trim infla tion by discouraging consumers from buying on time but theyve also contributed to the high cost of housing in the Toronto area a prime force behind Ontarios in creasing living costs Workers in the city such as hydro employees are demanding large wage in creases claiming that they need the money to pay for living quarters Federal and provincial deficit are being pushed up by interest charges Governments end up bor rowing more money at everhigher rates to pay off mounting debts Its a neverending spiral Estimates have been made that each onepercent rise in interest rates adds between billion to 5 billion to the federal deficit The private research agency the CD Howe Institute says that was in 1984 Revised figures indicate the additional cost is almost billion for each onepercent increase Since interest rates are now three per cent more than last years forecasts predicted thats a potential additional cost to the federal treasury of between billion and billion Thats a phenomenal problem when Ot tawas alleged priority is deficit reduction TREE SERVICE Cutting Removal Lorlmer 8531680 Sunshine Sale SUNROOF SALE From I tailed While Supplies Last A FULL LINE OF TRUCK AND CUSTOM CAR ACCESSORIES DeeZse FREE RUNNING BOARDS installation DRY CLEANING INTERIORS FABRIC PROTECTION SUNROOFS VINYL ROOF REVITALIZING RUST PROOFING TOUCH UP PAINT CAR COVERS SPLASH GUARDS RUNNING BOARDS WINDOW TINTING PIN STRIPING SAME DAY SERVICE FOR FREE ESTIMATE CALL OR DROP IN AT HP 265GiMphStGorgatown MondayThursday KM mM0 pm vpMriMu4irt

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