Oakville Newspapers

Oakville Beaver, 12 Jun 1974, p. 1

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HPrTTT' Terry O'Connor O'Connor says part o f inflation is home-made 4 When the L iberal Government blames the spiraling inflation rate on world events and says " there is nothing Canada can do about it, they simply are not telling the t r u t h , " c l a i m e d Progressive Conserva­ tive banner-carrier Terry O'Connor. In the first of a series of meet - the - candidates luncheons for Oakville Chamber of Commerce members, the incumbent MP challenged that "a m ajo r p a r t of our inflation rate is home­ m a d e and not international in origin. "Yet while inflationary pressures continue to mount, the attitude of the Trudeau Government is to ride things out." To shrug off the p r o b l e m as ' 'an . international phenom­ enon beyond its control," commented O'Connor, ' ' is an e m p t y , i r r e s p o n s i b l e and defeatist abdication and evasion of responsibility by th e L i b e r a l Government." With 60 per cent of C a n a d a 's economic output coming from domestic sources, he said, "we must control o u r s e l v e s f r o m unnecessary expenditure and d eve l op s o me economic stability in that 60 per cent of the problem which is home-grown." • S etting down the multiple-point program advocated by his party, O'Connor explained the first plank in the patform would be controversial wage and price controls lasting 90 days. "Designed to attack that portion of our 11 per cent inflation which is expectationary or related to p s y c h o l o g i c a l factors," he said, " it would create a pause during which time the g o v e r n m e n t would c o n s u l t w i t h t he provinces and business and labor leaders to work out details of the limits and l evel s of the temporary controls, the phases of the program, and the total duration, which in no event would be more than 24 months. " Secondly, said the MP, "we would work toward a balanced budget. "We have concluded t h a t g o v e r n m e n t expansion and spending are a prime contributor to inflation and we are therefore committed to reducing government spending by passing out some ineffectual and non­ productive programs, through stream lining others, such as the Unemployment Insur­ a n c e C o m m i s s i o n , Information Canada and the Food Prices Review Board." The third major cause of inflation, according to his party , said the c a n d i d a t e , is t h e "phenomenal increase in the money supply. " In the past three years, it is up nearly 50 per cent -- twice the normal accepted rate for periods of expansion." And lastly, O'Connor said, there must be a comprehensive ration­ alized and long-term program of incentives to indust ry to expand production facilities in order to increase the supply of goods and - services. "To sum up: reduce government spending and work toward a balanced b u d g e t , m a n a g e responsibly the supply of money, develop a real and accountable program of industrial incentives and develop restraint within the economy toward a conscionable, equitable and justifiable balance of pricing and income structure. O a k v ille B e a v e r VOL. 12 NO. 23 WEDNESDAY JUNE 12, 1974 64 PAGES 15 CENTS $50 MILLION PLANS Q.E.W. improvements to aid local traffic The Queen Elizabeth Way, cutting Oakville in half, will eventually be eight lanes wide with three more interchanges providing local access to th e r e c o n s t r u c t e d freeway. The long-range ISO- million plans for the highway were unveiled late Monday afternoon in town hall by officials of th e M i n i s t r y of T r a ns por t a t i on and Communication. I n c l u d e d in t he proposals are the closing of the present Kerr St. access, and the building of new interchanges at the proposed Dorval Dr.. Third Line, Burloak Dr. and Appleby Line. Depending on the development in the area, an interchange might also be constructed at Winston Churchill Blvd., along Oakville's east boundary and the MTC plans show a grade separation at the Eight Line connecting the north section of the local road with Chartwell Rd., its southern link. Barry Khojajian, MTC official introducing the plan to members of town c o u n c i l , s a i d t he reconstruction program has not been scheduled but would be completed as the traffic flow need arises. The plans were being made public at this time, he said, to protect the highway right-of-way and ensure t ha t fu t ure development be done in conjunction with the proposals. No more land will be needed to widen the highway to the suggested eight lanes, he said, although the service roads would have to be relocated in several areas. The changes, he added, were based on what the MTC considers is the " deficiency" of the present roadway -- the lack of capacity to cope with the growing vehicle demand. Also, he said, the timing of the QEW project will also be affected by the future construction of provincial Highway 403, . running east to west along O a k v i l l e 's n o r t h boundary. The MTC has requested approval in principle for t h e i r p r o j e c t e d reconstruction scheme and Mayor Harry Barrett confirmed a review of the m e e t i n g p l us accom panying maps would be directed to council as soon as possible. After a quiet, slow beginning, Canada's prime minister, Pierre Elliot Trudeau, finally swung into high gear at the Liberal rally in T.A. Blakelock high school's gymnasium last Saturday evening slamming both the Federal and Provincial Progressive Conservative party and their wages and prices policies. Photo by David Lloyd. 3iiiiiiiiiiiiiiiiitiiiiiiiiiiiiiimiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiiiiiiiiiiiiiy[ I I n s i d e t h e B e a v e r MAYOR'S PICNIC JUNE 29. Tell Harry I think he's doing a swell job and to pass the salt. H Classified........................................................ 59-63 = E Dateline................................................................ 11 I 1 Editorials........................................................... 6-7 I j§ Entertainment............................................... 32-33 i i GMMening.............................................................26 = § Harry.................................................... 22 | i Lameshore Living................................................. 18 i = Real Estate.......................................................47-5 I = This Week's Recipe ..........................................24 | = Sports.............................................................. 34-44 i E What's it all about................................................ 7 § = Look for Details on the Jaycee Homeshow '74 = E on pages 28-31. -- Also full story on Downtown = 1 pedestrian Mall page 2. 1 Special supplements: E Hopedale Mall, Towers, Focus on Entertain- § E ment, Square One, K-mart, Food City. .̂ iiiiiiimimiiiiiiiiiiiiiiimiiumiiitiiiiiiiiiiiiimMiiimiiiiiuiimiiHmiiiiiiiiiimiiii Trudeau hits out at Premier Davis fo r supporting PC control program A t i red but stil l char i smat i c Federal Liberal leader, Prime Minister Pierre Elliott Trudeau, was ushered to the s t age of T.A. Blakelock high school last Saturday evening by 2,500 cheering, clapping party-faithfuls. Following whistle-stop campaigning through Hamilton,- Beamsville, Welland, St. Catharines, Hespeler and Guelph, the Prime Minister arrived in Oakville slightly behind schedule to begin his second-to-last public appearance for the day. For a closing, he was slated to appear with wife Margaret at an Ottawa function, although, from his looks, the top party candidate was almost ready to call it quits when he gained the Oakville podium. Opening with several quiet, quick party quips -- "Nothing's so rare as a day in June, when you can find two Tories singing the same tune" -- the Trudeau address began to gain momentum as he launched attack after attack at Progressive Conservative Robert Stanfield's wage and price control proposals. Saying the PCs threw the country into an election nobody wanted, Trudeau asked why the o p p o s i t i o n h a v e n 't explained their wage and price control system to Canada. " They've had four times 90 days," he said referring to the length of time the Tories have said strict controls will be in force. "You have a Tory member here. Ask him how they're going to, work. "That is if he's one who believes in them. Some PCs don't, you know. They just say it's a gimmick." Contending that "our policy is beginning to w o r k " aga i ns t the inflationary rise in the cost of living, Trudeau slammed the opposition policy as one that would retard the growth of the Canadian economy. First-quarter statistics from the United States, where wage and price controls have been in effect, he said, show the product ivi ty of the country to be receding while Canada is growing. T u r n i n g on t he Progressive Conserva­ tive Oqtario Government, Trudeau demanded to know why Premier William Davis, who has indicated his support of the Tory control issue, hasn't instituted such schemes in his province. " If he agrees why doesn't he control the price of homes?" asked the Prime Minister. Or possibly wages, suggested Trudeau, since unions f a l l u n d e r provincial jurisdiction. ' The answer of the Liberal Party to the problems of inflation, on the other hand, said the Government leader, is a series of programs to "help those first who need help" and follow that with compromises such as the one struck between the east and western provinces over the price of oil. "We got them (the p rov i nc i a l l eade r s ) together and got them to agree to a $6.50 per bai rel price at the wellhead. " I t's too high for Ontario. Too low for Alberta. But it's fair for Canada. " Of course there are conflicting interests, but nobody is asking for a perfect solution . . . you can't even have that between a husband and a wife."

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