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3i iiiriiiiiiii/ Shortage c'.'.:'-,,', ls Threatening Economy Anne C Iendennin g, With 10 Firsts, Wins Ontario Scholarship leads IO Royal York Students "Th0 critical shorhge of new housing for middle int-om. fganiligt is retarding industrial grnwth in Metropolitan Toronto and threltnn! to upset the whole prnnomy of the m." Jul: Key President of the 4,000-member Toronto Real Estate Board w-med today. Mr. Key in: rnmmenting on a Toronto Red Estate Board xurw-y which Ihowl th drastic one-month declino in July of $21,517,522 {36%) ht the total vllue of build- ing permits issued in the City of Toronto md its three largest 'sutmrtm-tlorth York, Etobieoke and tkarbrrough. Building per- mita were issued for only 2,067 housing units of all types last month compued to 3.222 dwelling units in July Int year, This in I one-month plunge of 1,155 units, Ann; Clendenninx Ruth Henderson , _ 'sr,r'ki)e v?” ' h' _ 's “231732 , q i gc', . v . m f tk, N 1a W , * Ji) a 'g' . A, ' , l, . , = "V a , if (ia ' 'er' 2 Al' Q "Q i and" _ “is ' tf T, gnu..." " Tit N _. , . ,. C It, "This is the lowest I-vrl of house building in Metro in 13 years," Mr. Key pointed out. "At the present time only 26,000 units will be started in the Metropolitan To- ronto census are: this year com- pared to 32,506 in 1965 and 28,810 in 1964." “The Federal Govemment's tight money policy has made house building the softest spot in the economy. The Ink of martyr funds brought about by Gov-em- ment. restrsint hls "and I un‘ous shortago of homes in Metropolitan Toronto It a tune when demmd has never been greater. With inrretvses in immi, gratin!) and marriages, and the consequent net family formation. I. demand is being created for 40,000 housing units of all types in Metropolitan Toronto this you. So, the current housing prop-um - Count On Ford To Build The On: You Want. .. (out On Simpson’s h Give You The Best Deals l " I965 GALAXIE XL2 HDTP. I964 FORD CUSTOM link, with red imam. Mitt and» not at Sundown! "In-MM», Indie. "nary: PM": "and“, mm but”, Indie, Linn" SIG!!! ttgl tam. 561315 $2,795 _ ”gramme; 4 do. ulna. Amie. a... “in. 39,042 _. rt .tr.Ve..VWeVt 6 It. In"! Mind llama-"NI luck, to! loom: ”hum. A: m A-th, ”do. I ”an. "t26 _.. _ n .. T a _ I965 CORVAIR MONZA 1 '... Mm. ".000 nil-u only. Am“. amt-m: - - -tr. 51.896 1965 RENAULT CARMEL}; In...” wttk t on". "and I“!!! “de in In. nib. s “all. “If” , Te' _ Frr 'FWF I964 METEOR Marlene Schlitt I965 MUSTANG CONT I965 VOLKSWAGEN SIMPSON MOTORS TéJMf 'ttt .._. $1 495 1964 PONTIAC 'rovttmptntat! WM," Mr. Keri Highlights of the exhibitwill be troneluded, la six-buy epmrmmientiort. displny -------rF------ l depicting the histories] use of corn- r, Drivers. turn your head before:munieation' by the Candi-.1: Arm- lyou turn the wheel'. Thurs a short 1 ed Forces. and I Defence Research 'form of the Ontann Safety Board display faulting a Luer [League’s Advice that you 'cef,,%l,'.oll',', in operation. A recondition- fnever than" lanes without looking‘ ad Ind traztsisrtorhed Sergeant in your rear-viewrttirror.signallinttiE1ertro, the 6 foot 6 inch, 400 and glancing over your ao"')',',',",',': RCAF bilingual robot will to cheek tho "blind "ml." bu part of the outdoor show u will falls 14,000 Gia short of the need. This condition aggravaua th. public housing crisis. " evidenced in the fart that 10,000 families are on th. waiting list for subsidized housing in Mio," the TREB lender eontinued. "The slowdown in house building in having an offal on industrial expansion in the Toronto area, as many outside firms rancel their plans to reboots here barman their key employees cannot find a suit- able nmdnrd of accommodation in. I reasonable price," Mr. Key said. "The Toronto Real Estate Bond has recommended amendments to the Bank Act. which would trllow Canada's Chartered Banks to mlkc mortgage loam. This actinn could help the nituatinn. Thr Federal Government has tirejudiced the chum-es for we} quit; housing through its polierl, of holding down the building of new houses this your. At the pre- sent rate 140,000 units will be started compared to last year's record of 166,000. Canada's house builders need to build at least 250,000 I your to keep pace with demand. It is time the Govern- ment recognizes responsibility to- wards homing as a subject deserv- ing the highest priority in national I governmental action," Mr. Kes( concluded. . i $1.595 $1 .295 Ron Rut: 3120 LAKE SHORE BLVD. W. NEW TORONTO I963 FALCON com. 11uet t"gTg'%Tit'l" $1.595 l963 VOLKSWAGEN mm. sum Cum V-l. "- m cm M. d t, t Id. ti ue. 119416. I any. Ut. ’4’. H... W- do. any on on.” flunk. at Linn. M6Mt 1500 M. 259-4687-8 I963 CORVAIR MONZA 1962 GG mum: with. V-.. Mm..." ran. mm $1.195 I963 MORRIS 1100 no; Lu; ”mo Ten Gad. " mac-u n Boyd York Counting but. won Ontario Scholarship. in the Depart-tal Examination mum would lat. week and. Ann. C1ettdertrsing heads the lint with ten fimta for ton mbjoch Ind . per cent " 92. Next can" Ruth Handerlon with nine tint! for u mmy subjects and 89.1%. Penny Mnjor, 88.4%, had nine firsts u did Astrid Jnnson, 87.3%. Donald Sheldon. 85.8%, and Bae- btra Russell, 85.6%. A scholuahip winner with ' nrsta and 1 Incond vu Home Grybowski, 84.7%. Elisabeth May had nine first: for nine subjects. and I perfect mark of 100 in Geogrnphy. Her per cent. was 83.2. Marlene Semi". hid seven first; Ind 2 00¢de for I per rpm of M, and Ron Ruta got nine first, in Him lubjecu and 81.4%. - 7 subjects 100 in I was 83 seven fi The Canadian Armed Forces Dis. play at the ledim Nltiontl Ex- hibition. August 19 to September If, will tefleet Cunldu's new inte- grated mobility with modern equip- ment and weapons and a stylind 100 foot diorama illustrating our global fore" in trattle on land, at and in the air. Trained crew's will mun thi, RCAF display of the CF-S super-l sonic actiul Bireraft which in do: signed for ground support of troops, interception of many nir- eratt, and high um! law Iltitudo reconnaitmanee. Also on view will be tha RCAF'I CTI" Tutor elo- menury jet miner. made in Can- ndn and presently in service It air ruining nations It Moose Jtsw, Port-gt u Prairie and Gimii, Munitohn. New Mobility Forces Displéy At The CME. Thu Royal Camdian Navy will emphasise its anti-submarine min with a model hunter-killer may comprised of HMCS Bonaventure, HMCS Provider and tour heli.. eopter-deatroyers. An Indiana: CHSS-2 Sea King anti-submarine helicopter designed to apex-at: from the ninnft tar-rim or demon: escorts will be on tho [mund- and will be featured in one of the three movies shown in connection with thet diorama. Pas, Major ahip winner with 8 I second vu 30min 84.7%. Elisabeth nine first: for nine , 1 perfect mark of :rnphy. Her per tent $1.295 $1.095 Every Canadian schoolboy bu head the time-old adage that from a. little acorn the mighty elk no. WWI. The truth Imbodiod in this limplo laying in often unit-“d in our Boeiety, but mm ButN- Bothaaintuen-etftu1nter- national Rotary Club. In 1906, I - country Ion! living in tho city of Chime de- cided to gut together with a num- ber of fellow bluineslnmn to snub- lish 3 meeting place for hasineu and profession-l men. Prom this humble beginning. the group mushroomed into . world- wide organization which now bouts 600.000 members in 12,000 club: in 133 countries. Brian ”any Head: Rotary In Mimica-NJZ But if its size Ind influence have multiplied my time. our. the original principles and that of Rotary remain the me. Ita pub pose: no to maintain high busi- ness and protessiortat Itindlrdl, assist in community development. and promote international peace. fellowship and goodwill. The sym- bol of Rotary is the hub, its motto "Service Above Self". The Mimieo-New Toronto Mani Club is typical of Rotary Clubs all over the world. Formed in 1930.! it now mum's!!! of 90 business and professional men Paving open- tions in the Lakeahore and vicinity. The president of the club in Mr. Brian Newer, president of u. Page’- Adhelivu firm for 25 - Born in Britain, Mr. Newey can. to Canndn in 1918, Ind work, " for men! (in: baton joining The nrmy component. ml! have the CHJISA Voyageur. n twin-tur- bine ttuidem-rtttor helicopter uspd by the Canadian Army to trans- port troopl. litter patients, equip- ment Ind cur-go: the M113 tracked armoured pummel carrier, Ind In unnmmt of anti-tank vehicle. and weapon-j Brian Newey, ligament of the Mimico - New ammo Rotary Club. Mr. Newey is also presi- dent of LeNge's Adhesive Company. an unarmed combat tum of sol dine. anion and nimen. The Gin-dim Pom Base Tun- ton Pip. Bum] and highland dlnce group yin 1mrfor1n in, front ff the "0min nus-"m Building each dar n , part. Avoid “and“ min. Han "'" watch their“ our for petaibie um damage: "" " OI" up!!! an gunma- tool. Ulla-”Ilium clan“ and cheerfully t t III ad “for. h in noun-d to you. RENUS BRINCK Back From Vacation! DUTCH WATCHMAKII AND JIWILLIRS OK! " - -- eeretmd MI- Woman-luv In! W IN. w. M: ”hill! Astrid Juana Much of tho work of tho limbo- New Toronto duh han boon in Mining stink.) children. Recent- ly, " Rota-inn and their vim paid B visit to the Blu- Mountain camp for crippled children. in order to want the "up with a piano and lam Men furniture. The gift was presented in the name of the Eddie Doko Memorial mm. named after I deceased Marian in the Mimieo-New To- ronto club who VII active in work wifh crippled youngster; _ LcPuo’l. a! thick in beam Druid”: in 1961. In jkocping with the inter- national ”pact of Rotary in the new Irtternstiomsl 8tmienta' Centre at 33 Wilcox Street in Toronto. MSW LADI ES' CANAttiAN-MADE TENNIS OXFORDS , I WHITE AND ILACK SIZES 5 TO IO Amen MALL 3:763:36 cam! Km Ave. "on . AM " Formulykmn u Baldwin lip-nu. the an!!! will have iu Wielal owning Numb" 18. Thu eqgttm will be a mowing plac- tot low and Canadian students to mingle. That. will be discussion troup- and will mm: " the centre. which also has cooking Intuition. $1.52 Another iaternatiorsal project of Rotary in the Rotary Follow Foundation, whirh pay; students to do post-graduate study in foreign countries. Rotary fellow: m presently studying in TO nations Ill over the world, laun- ing the lel and attitudes of other peoples. . One of the - 3nd more originnl plans of the oldest undue orBanixatiost in the Group Ex- clung. Pun. ind-r which Inui- "T-i-s mmdtvo-oatbhl 1hroakttmt-trdh-th. foreign country. living with lot-try noon at on. Inn's bulb- in members. Upon their return to -ntouoiaht-t_-- their own countries, the tmve0era)and I mighty good an” an then give lecture: to their clubithc betterment of relation! my memben on their finding: md an mp1” of m world. 1965 University Graduate in Business. in Clan Ham: ir, Marianna. 2nd Clan Honours Business Organization. Economics. Also passed Production Managua-ant, Amour-ting and Human Fm; in Business. Age-lout) 48. Earatiertt rum. " you! expericm a: Sales Rap. Over 20 yum In bums. Highest hand”. Apply lo: "M" M. “Mic-Gavan» lo. " I56. mam-.o-mn EXECUTIVE AVA/[AME OXFORDS OR SLIP-0N3 ILACK - RIVIRIID - GREY “In. fit-tit $5.77 MENS N7 3333