Whitby Free Press, 14 Jul 1982, p. 5

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WHITBY FREE PRESS, WEDNESDAY, JULY'14, 1982, PAGE 5 Wage and price controlsare needed," Ashe-sîaysý Wage and price- con- trois could become ne- essary according to On- tario Minister Of Revenue George Ashe. ,44e; Who -la also MPP for Durham West, sparked headllnes' in newspapers across the province last week after maklng that statement on'a local radio station. However,, he main*- tains that if controls 'are lmnplemented it should be clone by the federal goverrnment and for both -the public and pri- vate sector. "Governent should, very reasonably, beex- pected to show leader- ship,"' Ashe said in an interview with the Free Pres last week. "The only fair thlng, laful controls, not ju at for the public sector." The minister sald that ail parts of Our economy are part* of our current problems, so . we should ail have to be part of the solution.1-< "We are ail part of the problem, so we should ail bepart of the solu- tion." However, -this doesn't mean that he believes in wage and price controls. "As much as 1 Philo- sophlicaily don't like it or agree wlth it, if we don't bring our inflation down and ýour produc- tion up, we wWll l e out of business,"l Ashe said, adding that this could only make unemploy- ment worse. "If we . think we're losing Jobs now, what wiil it be like in the- future?, " he asks. SAshe also belleves that the only reason the Canadian »economy is, performing at its cur- rent level is because of -E-sa 's new store Ron Murdock and his one-year-old grandson, Kyle-, are cutting the ribbon'to officially open the new location of Elsa's Chldren's Thinga. Holding the ribbon is Elsa and Don Edge.. The chidren's store bas moved to another location in the Safeway Plaza on Brock Street South. -Free Press Staff Photo o ur dollar's low value compared to the U.S. dollar. He also believes that the dollar wlll cllnxb back and «tbat ' Cana- dians bave to prepare to compete in a market where ourcurrency no longer bas its competi- tive edge. Wage and price con-, trois "'may be the only answer and we may bave to do it for a signi- ficant period, 0f thne," Ashe said, adding that they should be used "1to get us more competitive and lean and- trim for' when our dollar goès up."i "We've got to be ready for that time," he continued. He pointed- out that the Canadian dollar currently enjoys a 25 bo 29 per cent advantage over, its American coun- terpart. Asked whether or not controls should be. im- posed, Ashe replied,, "with the way things are going, unfortunately yes.) But. he also main- tained that "it should be a federal initiative." The provincial gov- ernment could do it Grads PETERBOROUGH Ont. ' Eleven Whitby resi- dents were among the many graduates receiv- ing degreesY'rom Trent University at that isi tution's recent convoca-, tion. Receiving Bachelor of Arts (B.A.) degrees were: John Michael Agget t, lain MacMillan Bell, Margo Bergevin, Susan Marie Gray, Julian Moffatt, Yolanda Van Grootel'and Chris- topher Greaves of Brooklin. Receiving Bachelor of Science (B.Sc.) degrees were: Robert Anthony Kent, Janet Lenore Sut- ton, Patricia Anne Strickland and Brad Alexander Morrow of Brooklin. alone, Ashe admitted while pointing out that it would cause a lot of pro- blemns for. those, firms and individuals who do business both inside and outside of-Ontario. Tis does not mean Ashe and bis cabinet coileagues wiJl not be examning the .Posai- billty.. "It's somiethlng the governmÙent is going to be looking at durlng the nex&t monthor two."l The minister was aiso. Cheqt«. M. J. PATTON, Manager 107 DUNDAS St. E. WHITBY, ONTARIO 668-9304 qulck to state again that controis should be for both public aând private sector employees. "think it should be both," he sald, ."that's the only way to be fair to the worker." Ashe dld point out that wage and price controls could bave an affect on intereat rates. " IThey could get tbat' interest 'rate down Wè cause -it's klllng o0ur economy."t Actt J. D. MAY, Manager 601 OUNDAS ST. W. (ai Frances St.) WHITBY, ONTARIO 668-3336 M I ANNOUNCEMENTS RECEPTION CARDS INVITATIONS. THANK YOU CARDS TEL MALTA SOCIAL CLUB i MALTESE CANADIAN CL!ISIN E And REFRESH MENTS Saturday, JuIy 24182 OPEN FROM Ki.m Harmon and Nichole Johnson wiIl be part of a musical, montage thatis part of "Collections of Classica" to be performned by the Whitby Theatre Company next week. Harmon is also the show's choreographer. "Collections oî Classica" will be part of the County Town Carnival. -Free Press Staff Photo Theatre presents "Collecti'onI of classics" for carnival week Whitby Theatre Com- pany Youth Group wil present "Collection of Classics" as part of Whitby's County Town Carnival to be held later this month. The production marks a new. experience for tliis group of young ac- tors in tht thOy, under the direction 'of Garvin Farr, are. responsible for wriing ail the mat- erial, using old songa like "Tavern in the Town" and "Keep the Home Fires Buming"Lo mrate the story.< Tihia ", iworkshop" styleý of play builda into a ful-legthshow .in- volving some 40 kids dancing, singing and acting their way down memory lane.. Production dates, are. July 22,23 and 24 with a special performance for senior citizens on July 21. Curtain time is 7:30 p.m. for ail perform- ancs with a Saturday matinee at 2 p.m., at the Centennial Building, 416 Centre Street South. Tickets cost $3 and are available at Mliddie- ton's Book Store, '113 Dundas Street West in Wh.itby. icket information is available by callng 668- 2492. l'BANK 1

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