*

P '

‘On a provincial basis ADB |New Brunswick,

at

‘eo ae rEs-

¢

[8 The Grardian, Oharattown, Sat, Kye 2 1966. |

lution. | provided $3,000,000 to P.E.1.

Forei n Firms Gu ideli | i cor femme aa, fo, Se Sactng one ee cod et nomic “Browth in the Atlantic” ows: Newfoundlan and. the Maritime power grid | isit. gr nes ABB Funds " |Provinces, ADB Chairman lan New Bruns w ic k $26,900 000. in Nova Scotia and New Bruns- | Visit Mae 5 o For | phy MacKeigan said -here. ‘* Nova Scotia $22,300,000; Prince Wick. Prince Edward Island | a M : * But, he added. he has been Edward Island $7,033,000. About would be linked to the grid SUNWORTHY . Reduced To |told there is more. where that $2,000,000 additional’ had been | ‘when the Northumberland Strait | WALLPAPERS ‘re. U ine aWa came from. Thus the board was allotted for..regional projects, | causeway is completed. j ‘ not holding hack’ in its recom- Mostly dealing with wafer pdl-| The “special . highway grants _ @ 500 patterns in stock \ » $10 0 Million mendations for projects that’ GTTAWA (CP) — The federal where economically practh processing should’ be ‘dcae might help- regional. develop-| Electric power. projects and $9,000,000 each to the other | @ Immediate delivery 85c up Canada. ve’ ment. ‘counted for more than $60,000,-|three provinces. ” ' @ Phone for home. viewing sample an 7 | beok—-804.054 1

government is asking Canadian subsidiaries of foreign firms to | handle pricing, procurement, | earnings ‘disposal, resource de- velopment and related matters,

with‘ the interests of Canada in |

mitt; Trade Minister Winters

hes announced. _ Mr. Winters told

mons these economic guidelines

are contained in a: letter he is

sending to the heads of the Ca- | He tabled |

nadian subSidiaries- the letter ‘in the Commons.

The aim, ‘he sald, is to subsidiaries of foreign compa- nies conduct, their affairs as good corporate citizens of Can- - ada.”

The move was seen as-a fre- > action to U.S. economic guide-,

“help

| cable. 2.’ Pursuit of a pricing policy |

\to assure-afait"and reason- I

\able return to the company and | to Canada for all goods and) services sold abroad including | isales to the parent company

: » and other foreign affiliates.’ the Com-.

3. The searching out and de- ;velopment of economic sources of supply. in Canada.

4. Development, as an -inte- gral part of the Canadian oper- jation, of the technological, re- search and design capability

pany to pursue product devel- lopment programs -to.take full © ladvantage of all markets.

5. Moves to develop a (Cana- dian outlook in management with training programs, promo-

inecessary to enable the com- }

jthere should be no =gestriction ment gave the of foreign trade of subsidiaries. ‘opment Board to stimulate eco:

He said the $01, 211,000 * al- 000 of the board’s grants, Mr. ‘ready appropriated does not um | MacKeigan said. Apart from the} FEW.WOMEN. LOCKED UP clude . $30, 1,000,000 in special Nova Scotia thermal plant an-| There are about 700 women in | grants for ‘trunk highway com nounced this week there was [Spanish jails, compared with | ‘struction, ‘the Mactaquac ent in ‘11,200 men. ,

ppy Traders, Swa ers, Ba in unters, Uto — Hon .

‘i | HALIFAX (CP)

Both he\ and Social Credit $10,900,000 remains ‘of a. $100,- eader Robert «Thompson said 000,000 fund the. federal govern. \tlantie Devel-

SPOTS TS TOSO SSE TEO+OOS

Moore & Mcleod Ltd.

Fasssegeeeeeaneseeesie

:

ms

J in the crowd of ha and New Car Shoppers! B Blaze a trai

linés aimed partly at curbing ettivestment by the foreign sub- tion of qualified Canadian. per- *gidiaries of U.S. firms._.___|sénnel and inclusion ‘of a major iP. ters said the eco- | proportion of Canadian citizens nomic principles emphasize jon boards of directors. “the need for subsidiary compa--|---6. Periodic publication of the nies to strive for maximury ’ re- |financial position and operation alization of their ‘potential and |of the company. for full. participation in, and 7. Appropriate attention and . identification with, the life of | support, to national objectives | the Canadian community.” and government programs d@- The underlying . objec- | signed to further Canada's eco- tive sought was equally applica- | nomic development and to Ca- ble to:Canadian companies. nadian institutions:: EMPHASIZES GROWTH -8. Pursuit of. soun A. key recom ndation was | and full realization o tive. potential in keeping =

a

EI START YOUR SUMMER IW STILE W\ | THERES A GOOD CHANCE THE VERY CAR

St i a Sse | 4 ML NEW PONTIAC ZT THE \\ YOU WANTS RIGHT IN STOCK! BUY Se sees Ter 2 || ARZCT COMBI OF PRM NOW AND TAKE ADVANTAGE OF THE

“HIGH TRADE-IN ALLOWANCES, 70P DEALS AND REALLY PAST DELIVERIES /

and development.-in line with Canada's trade, economie “atid social Be 4 ; DECIDE (LOCALLY; -

New ocrat Leader Doug las said the real’problem wi subsidiaries is that the <decision- making power {s outside the

country. = inister should

to allow opportunity for finan- eial participation: by: the Cana- dian’ publie in ownership.

There cold “be maximum development .of market coun- tries abroad as well as domesti-

eally. Mr. Winters ‘also said he in’

tends to ask large- and medium- sized i =to provide | The. trade

eertain information on a confi-|‘‘spell out a lot more specific |.

dential basis on aspects of op-|ally’ the proposal that subsid-

erations and financing. . iaries should be able to‘develop “In this way the government jexports markets as fully as

will gain a clearer insight into | possible.

the contribution of Canadian; Three.milling eompanies,

subsidiaries to the Canadian subsidiaries of U.S. firms; re- economy,” he said. -|fased. to mill wheat because it

QUESTIONS ASKED was. being sold. to Russia for “Questionnaire forms ‘provid-jtrans-- shipment to Cuba, he ing a full. lanation of the | said. ation be! sought will} Washington had better get the be circulated , ithin the next |idea that subsidiaries were sub- s.” ject to the laws and policies of ‘The letter “also suggested: 1. Extension of the processing

;} Canada. of natural resource i eee

No Heavy Depletions Ae a. In Fish |

no indications of any sacinax’'| a noticeable. decline. ‘ - depletion, Dr. A. W. H. Needler, | He said more attention should

ADE, COMPURT AND GOOD LOS THAT GLY PONTIAC CAN GUE YoU /

,

PONTIAC

deputy minister of fisheries, {he given to the Pacific herring _ said here: jand the salmon catch-which has also been dropping. Suggestions

“We are not yet at the stage | where more fishing effort will|of a -limit on commercial not increase the catch,”’ he told |salmon-fishing licences had not

the Commons fisheries commit- jbeen carried_ out.

Pontiac Grande Parisi

ee ror . oe metas — Robichaud 3 = bo

ei a st of Atlantic cod Bat mecies, Th queen of = site oie bis Rai ; IF YOURE AR THE antic cod limit on salmon Heences was |1i /OQK/NG BUDGET KEEPERS THAT PEPPY. PERFORMANCE, WIMBLE FA Pe ie ‘OTMOST IN QUALITY AWD ise

HANDLING ROOM FOR POUR... Es ALL AT A LOW, LOW PRICE!

taken by Canadian and the for- (getting further examination. eign fleets that fish the western Prtrtetecesesseoreres, Atlantic was near the maximum |

LUKURY, BE SURE TO SEE

EVER STRETCHED A DOLLAR... BEAUMONT AV0 ACADIAN.

Business ; Bae wee 's

possible. aot eee was i$ SURES under review International | Commission on the North At- t Served. Daily CHECK THEM MR... GET THE

lantie Fishery and restrictive 2 MOST CAR. FOR YOUR MOWEY/

steps are.to be discussed. oe Dr. Needler said there is full ¢ , exploitation of salmon, herring : . and halibut stocks off the West | “Coast and studies have been | going on in. that area to deter. | mine whether new — are needed.

Two areas of high potentia | were being neglected. These | were the various Atlantic. pela- gic fish—those that live in the upper: levels of the ocean—and the Pacific bottom. fish. QUESTION ON INVESTMENT

He was replying to Angus | MacLean, former’ Conservative fisheries minister, who asked whether scientists felt there was any justification for fur- | ther investments in the fishing | industry. ; j

Mr. MacLean, MP for Queens, said there has been a great increase in world fishing | pressure. Unless there was careful control, a “free for all’* | could result.

Dr. Needler said the dimand ‘for fish is increasing faster than the supply, causing higher prices. But the basic stock of |

| |

Dow's Tester

Corner Pownal & Grafton .S¢- Charlottetown .

Bo

Purliaivent Hill

Hon. J. Angus MacLean —

CFCY - Radio ‘| 6.15 P.M, -

AND ON

Pauisday, April 7

shbaak Acadian Invader Four-Door Station Wagon Background: Viva Deluxe Seden

Come ard the deals are hot and

FITS A USED CAR YOURE LOOKING POR, YOu.

fish available had __ not serl- | ously decreased. : “ap. exec a wae a. wor _CJRW CANT 60 WRONG WITH OUR TERRIFIC SELECTION the tre dings h a

on the Pacific Coast about the |

PONTIAC-BUICK-

at 6.10 p.m.

herring fishery. This year's —_—_— — ee — ee OTTAWA (CP) — Sales of farm implements, equipmient | David pv acetal ‘GMC and spare parts were valued at. MP.’

$10/345,000 in January, an {in- crease of nearly 20 per- cent from last. year’s January total | of . the Dominion Bu- | reau_ of ‘Statistics reports. The figures were given at wholesale values and included repair parts sales amounting to $3,663,000, ip nearly 21 per cent from a year | earlier. DBS said all provinces | hut’ “Alberta recorded higher sales

* WINNIPEG ;_ (CP)—The “need for practical murses has induced

TRADING ~ POST... |

TONIGHT CJRW 6:10 P.M.

AND ON

Tysegy: oo 5

’

GENERAL MOTORS VALUES

AUTHORIZED PONTIAC « BUICK DEALER IN CHARLOTTETOWN

HILLSIDE -MOTORS LIMITED | z Bee

nology to double the number of | mi CC JRW = nee! a i ; 3 ee ee Charlottetown, P.E.L: Dis 21943 a eo at-6.10 P.M: ams als _...4 Me sufe to see “The Fugitive” Mondays at 9 {0.10 P. M., “The Red Skelton “Hour” Tuesdays at 9 to 10 © cher 1965, i : — j -M., and ‘ or ee at 10:30 to 11 P.M. on channel 13, . ‘ ital’ bg ‘ ; - (eee ’

et Bp oc ge ey: alt. ee ee Sd sea o ee WH _

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: t - onseraneeoeihsommaya ~ ° oats? &