Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 9 Mar 1977, p. 6

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LAN ALL 6 -- PORT PERRY STAR -- Wednesday, Mar. 9, 1977 otter ie 'Th 5 " oo th oor get oorer The Editor. e rl C g € . Metro Statistics Canada release The bottom line figure is (Source Canada Gazette as at ha they are re- Projects. Ontario hydro as $280 million to M of figures showing that the the real clincher, Assets July 10, 1976). stricted to a 50 per cent an example pays over $1 Toronto for improved trans Canadian economy is going rose to $30.2 billion from The Senate Banking Com- financial participation. This million in debt interest pont, 1 reckonini ig in reverse rather than $25.79 million, an increase of mittee was told in Ottawa could mean that banks could every day. : A ay. reckon ng Sot increasing has caused great $4 billion, 41 million. An recently that some charter- own and-or control the car ~~ CANADA borrowed $8 bil- far off. If you care about the concern to many. people. - increase of $4,041,000,000. in ed banks were using con- leasing business in Canada, lion outside the country in real problems facing Can- While the price of gasoline, the first quarter of the fidential information to steal a growing multi-million 1976...the largest of any Bian Wie Sle Svely heating oil, hydro, food, bank's fiscal year. . business from car rental dollar' business, adding to country in. the world! one of usin To pu a travel and other items con- How- can a bank with firms. The Committee was their already immence (C.B.C. Feb. 3, 1977) Ottawa . write you 0 In awa tinue to rise, some sectors of increased revenues totalling told that a member of The power in the consumer field gave $1 billion in aid to and o get to t ins the economy still continue to $674,400,000. and increased Federation of Automobile With car loans, chargex and foreign countries.. With 1 propose In he ank "Act get richer and richer while assets of more than FOUR Dealers Association checked personal loans, etc. million Canadians un- and these other economic ¢ many of us get poorer and THOUSAND MILLION a potential clients credit If the banks are allowed to employed...charity should inequalities. If time is short poorer. DOLLARS in a 90 day period rating with the bank, and continue to increase their start at home. ~~ justclip and send this artic- Assets of Canadian Banks show a loss in share value? shortly™after the client assets and control of the = Bilingualism spending is le (no stamp needed). continue to increase at an Canadian Charter banks returned to the dealer and financial affairs of Can- increased to a record $405.4 Yours for a better Canada, alarming rate. The Royal have more in assets than all told him that he had some adians it's only a matter of million...up 5.1 per cent over Dean J. Kelly, President, Bank as an example while the money on deposit by all competition, from the bank. time until they mass such an the last period. Meanwhile Association of Dedicated reporting earnings for the the people of Canada includ- The bank in question owns immense power block as to Ottawa is refusing to honour Canadians, » last quarter ending Jan. 31st ing all business deposits! 41 per cent of a competitive rival the federal govern- Prime Minister Trudeau's Box 1000, were down 8c a share (prob- Every bank has more in leasing company. ment. : 1974 pre-election promise of Port Perry, Ontario. ably because of AIB rules) assets than in deposits! Proposed changes in the Canadians meanwhile are . revenues increased to Total assets of the 10 Bank Act would permit forced to borrow on the New $674,400,000 from $579.2 mil- banks are approximately banks full involvement in York market to finance ur @ on dalréa News lion...an- increase of $95.2 $118 billion 800 million the leasing business, where- government and municipal million, z by Stanley Taylor Mrs, B. Lee and family, © Mr. T. Holroyd Bowman- (Oshawa, spent Saturday # ville visited with Mr. and with Mr. and Mrs. H. Grace Mrs. F. Holroyd and family. and family. ' A very successful Pot Mrs, Hanthorn, Clare- Luck dinner was held in the mont, held an auction sale Sunday School room on in Claremont Hall recently. Thursday with eleven Mr. R. Grace and family, guests attending. Object Oshawa, now spending being to organize a friend- some time visiting in Brant- % ship group. : ford will be returning here BD RUG STOR = "5 Me, Lane nan, Drone for further treatment. Good called on Mr. J. clair . luck Ralph. "Well Worth Looking For" rand family and friends in. Mr. and Mrs. G. Nelson, FREER MR assis 1 SARE ip the village, St.Catharines, were visitors 1 , EFFECTIVE i Mr. D. Holroyd, Lindsay, of Mr. J. Sinclair and Winter's M called on parents and family on the weekend. 7" ARCH 19th friends and family recently. © Mr. and Mrs. Leslie En d : ® Sympathy of friends in Taylor have returned from 4 We Reserve the Right to Limit quantities the community goes out to a six weeks holiday in LE.8.8 0.8.8. 8.0.80.9.0.2.8.0.2.0 00.2 0¢ the Abbott family in the Florida. iy i 2 _ passing of a loving brother, i But er 88° \0U Clive Abbott. = Service was 7 > from McIntosh Funeral S@. Acuik Yi About Your Teeth | tome ostava. CONTINNIS Dental Health | opr? demote | FORMS "This is the kit thousands of Dentists Stephenson, Bowmanville, available atthe recommend daily to help you control | called on relations and : be onitro i Yooh d doomd '| friends in Burketon, Port Perry Star > Sour Ai isk gum isease! Qf Mr. H Davey, Bowman- | _¥ Vit | erry otar ville, visited Wednesda QRS. Rai y ToothSaver Tools Included: "Mfrs. Sugg. Price for Kit $2.49 with Mrs. R. Davey. y 985-7383 & THE MIRROR Sous s hatdAs see OO iiyees \ | D A SPECIAL PRICE ) : Sik usually overlooked when bru TTL THE DENTAL FLOSS LI : E BRITAIN 'Right-Kind' Unwaxed Floss helps you x ove plaque between teeth : He hy WELL DRILLING | . THE TABLETS ¢ = ; la bright red het ok is hen WELL CLEANING ur TORI * PUMPS #411 Aduh GUM. - with soft, INSTALLED rounded bristles for 'sale, effect ive brushing and thorough gum B massage. "Ye Dain d Cavulate . i : ire ear Round Service While Quantities Last! 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