PAGE AZ

Resource

“Byemior” David ” Barrett’

presenled _ his ‘Resource
Dividend Budget” for 1974lo the
Legislature Monday (February

11).

It Ig.the largest budget in B.
C.'s history. It calls for ex-
penditures of $2,172,797 ,000, the
first time a B. C. bdugel has
exceeded (wo billion dollars.

In addition, the Government
will draw $140 .miliion fram
surplus funds. for special
projects, making total planned
expenditures of $2,313,000,000.
This is an increase of 28.2 per
cent over Lhe previous year,

“Despite major innovative
social policies, aur Government
has been prudent....None of the
spending programmes
proposed in (this) budget will
require an increase in lax rales
for the individual citizen,”
Barrett told the Legislature.

He said the province’s in-
creased .revenues from im-
proved resource. management
and the pravince’s expanding
economy have enabled the
Government. to implement
major social programmes.

Among the new programmes
promised in the budget speech
were:

Introduction, of a $30 renters
prant to residents up to age 65.
An equivalent increase in the
elderly cilizens renters grant,
bringing this amount {to $80

annually. . oy
"All allocation of $15,000,000 for
removal of education’ taxes

from residential préperly with °

home-owners {o receive bet-
ween $30 and $40- toward
reduction of school taxes,
_ Books .and second hand
clothing to be exempt from the
five percent sales tax.
. Exempt limit for estates
under the Succession Duly Act
and Probate Fees Act raised lo
$55,000 fromi$2,000, -
“ A housing departrnent budget °
of $76,000,000, including
550,000,000 for land -assembly
and servicing... :
$10,000,000 for construction of

'j,600 homes for elderly citizens,

about double the previous
year’s allocation. “
$45,000,000 for.. first and
second. morlgages. for homes.
Munieipai per capita grant

increased from $32 lo $3, and
the municipal share of welfare

costs reduced’ from 15 per cent
to 10 per cent. .

. $10,000,000 for guaranteed
income plans for farmers and
$10,000,000 for. development ol
agricultural products secon-
dary industry. . : es

oa cae

“MUSTARD JARS
HONEY POTS aS

: Dividend Budget

$10,000,000 for ‘the British ~

Columbia Medical Centre.
Barrett noted that the B.C.
economy has been performing
excellently .since the New
Democratic. Government was
elected on August 30,. 1972.
“Our New Demacratic
Government has nol only
matched the rate of economic
development reached by the
former administration, it has
surpassed it,”’-he said.
_The Gross -; Provincial
Product, “the mast com-

_ prehensive indicator af over-all

economic well-being...rose an
astounding 16 per cent in 1973.

“Selling value of factory
shipments soared upward by
25.4 per cenl, and public and
private investment increased,
10.4 per-cent, compared to only
0.1 per cent in 1972. :
“The number. of jobless, in-
stead of sky-rocketing, was
actually'8.5 per cent below th
71,000 unemployed .in 1972,
despite a labour force grawth of
5.5 per cent.” . :

Referring in general .lo the
Province’s sound economy,
Barrett said: “I am certain
thal continued sound -‘
management of the vast
resources of the Province will
enable our Government to make
the 1970's the most progressive
in British Columbia's history.”

‘In summarizing and con-
cluding his speech, Barrelt said
: Mr. Speaker, our Budget
lakes major steps to better the
lives of our citizens (hreugh a
variely of income support
programmes, job-crealing
policies, housing development,
as well as direct cash payments
and tax benefits plans designed
to assist both individuals and
families. : .

“Qur Budget is tiseally
responsible. Despile | record-
breaking expenditure, aur
programmes and proposals are
fully within, (he ordinary
financial resources of this
Province. We have direcled
many millions of dollars in
surplus funds inio a wide range .
of areas because we believe thal
surpluses" are a financial
resource that should be
relurned to the taxpayer as a
public dividend. As I have said
belore, we do not: believe in
building surpluses just for. the
salte af doing so, > +

ca Se re

;

_ continue to fight to protect the

“pm il

“Qur role: is Uhat of both
steward and servant to the
public. This is a_ greal
responsibility and we inlend to
husband the great resources of
this Province for the greatest
public benefit. OS

“We were elected on a
platform that included a,call for
afairer return on our resources,
and we meant it: Our steps to
double public revenues from
our petroleum and natural gas
are now a malter of.record, and
weare continuing to.work for an
end to the give-away policies we
inheriled from the past. We will

public’s right to a strong and
growing share of the wealth that
belongs to all our citizens.

“In areal sense, Mr. Speaker,
we are just beginning, and I say
to the citizens of this Province

in a spirit of brotherhood and -
‘sisterhood, Jel us continue to

work together Lo these ends.”

Copies of: the Budget Speech
are available free by writing to
the Department of Finance,
Legislative Buildings, Victoria.

The Speech is contained in 4
32-page booklet, with colour
pholographs, resource maps,
and various lables of economic
and population statistics.

“POOL BOOSTERS BOUSTED"
B.C. Hydro District Manager

‘W.A. Sandhals
turns aver a cheque for $1,000 to Jaycee Decal,

of $25.00

Chamber. Notes...

..Membership badges will
svon be available to members
altending the monthly mecting
of the ‘Terrace and District
Chamber of Commerce. A $300
assessment has been added lo
membership dues to caver this
expense.

__ Pat Boyle has received an up-

Chamber of Commerce
‘Meetings

MONTHLY MEETING

The next .meeling of the’

Terrace and District! Chamber
of Commerce will be held at the
Terrace Hotel, Skeena River

“Room on Tuesday March 12,

Cocktail hour 6:30 dinnar al 7:00
is hoped
arrangements can be made lo
have President R.M. Gross af
Cancel here as: our guest
speaker. Confirmation will be
publighed in the Herald. *
EXECUTIVE MEETING
An Executive meeting has
been scheduled for tamorrow,

February 12 at 12:00 noon at -

Manuel's Restaurant.

B.C. PRESIDENT SPEAKS

Mr. Brank Beinder, President
of (he B.C. Chamber will be the
guest speaker at the Kitimat
Chamber. meeting tonight
February 20 at 6:30 p.m, at the
Kitimat Holel! ‘

MIDTERM MEETING

This meeting . has. been
schedule for --Telkwa at. the;
Village meeling- rocm on

that’

Saturday March 2 beginning al
2:00 p.m, Supper will be served
al’ the Sandman Hotel,
Smithers. . . “
“Lt was decided at the fast mid-
term meeting held in Terrace
thal more allention should be
given the smaller Chambers
and that is the reason why the
mid-dlerm meeting is being held
at Telkwa, Mo :
’ Coniact President Wayne

". Gaunt’ so .car. pools can be

arranged.
ANNUAL MEETING

‘The B.C,
meeting will be held June‘ 1-2-3
at Dawson Creek. A commiltee
has been struck to determine
the cost of chartering a DCJout
of Terrace. a

ASSOCIATES ANNUAL

MEETING ; ;
The. N.W.B.C. Associates

Annual Meeting will, be held at _

“the: Kitimat, Chamber. Sep-
“ergbar. 28-29, (1974: |.

- Vocational School

Chamber annual’

o:dale-list of all businesses in
the are and his committee will
soon be launching a mem-
bership drive. He noted Iiat-he
would particularly -like to
welcome Twin River back into
the fold. ;

Bob Copper: has been: ap-
pointed to represent the
Chamber ou the Airport
Commillee. Bob is familiar
with the problems of the airport

having warked on its con-_

sliruction. 7
A letter has been sent to the
Minister of. Education, in-
dicaling the Chamber's support
for a Regional College in
Terrace making use of the B.C,
(Terrace).
. President Wayne Gaunt has
accepted the Chairmanship of
the Industrial Development
Committee. He has sent a letter
w Kelly-Douglas enquiring as to
the delay in building its
warchowe in Terrace,

First Vice President Dick
Sharples is ‘working en the
organization of a retail mer-
chants Association to promote
better. retial practices for
Terrace, on!

Chairman Rickard Green of the
Tourism Committe ¢ reports
thal tue brochure “Terrace Is
Terrifie” has been revised and
brongitupto date and will goto
pvess shorily.. Also he and his
committee are working on the
Terrace Guide and has been
requested through the news
_metia any good, pictures could
>be ased ip. ds. publication. -.

Drive Chairman Lee Dennill in exchange for a
Pool Booster Decal showing a donation in excess

- $400,000 for Kitimat’
Village Road. _ 7

and will have an adequate
learned that Highways Minister ‘drainage system. A portion of
- Graham Lea has advised .: the road will also have ta be
members of the village Counci} rersuted. . Bee
thal he is prepared to spend up _ Slilito be solved Is the upkeep

ia $400,000 for upgrading. the and maintainance of the road.
road into the village over the Discussions will take place wilh

next twa years. Work will start . the Federal Government and

in May. ; Kitimat Council in an effort lo
The road will be black-topped, find a solution to this problem.

The Terrace Herald has

; e

Snow does not harm fish

The snéw that is. being-
dumped into, the Skeena by the.
District .of Terrace does not
harm fish In any way. .

The Herald learned from the
Federal Fisheries Services of
the Ddpartment of the’ En-
vironment that officials were
. completely aware of the
practice and in facts have

ACE RADIO & T. V.
4604, Lakelse Ave Terrace B.C. =—
, Tel. 635 - 4844

your electronics .

checked the chemical content of
thesnow. This derives from the
salt and lime that the city uses
on city streets, =
The Services said that the
dilution factor 1s so small that it
_ gould not be prejudicial or
harmful to fish or anything else
in the Skeena River.

R

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