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Inflation blamed for Hydro hikes Honourable Ron Basford, for study outside the counâ€" Minister of State for Urban . These funds also proâ€" Affairs, today announced v%e for the renewal of some that 63 university students cu t CMHC fellowships from the province of Onâ€" and for the cost of the stuâ€" tario have been awarded dents‘ initial travel from Central Mortgage and Housâ€" their homes to the univerâ€" ing Corporation fellowships sity. for graduate studies in varâ€" The fellowships can be ious fields of urban, comâ€" applied to a broad range of munity and regional affairs. studies including housing The fellowships, offered under the National Housâ€" ing Act, are to promote training which will create a better understanding of urban and regional affairs. ~The value of the stipend for. a twelvemonth acadeâ€" mic year is $4,200. In adâ€" dition, _ university _ tuition fees and an allowance for dependent â€" children _ are paid. or insulated from the forcâ€" es of inflation," George Gathercole, chairman of Ontario Hydro _ recently told the Ontario Energy Board public hearing exâ€" amining rate proposals for "Electrical power customâ€" ers have taken for granted Local residents to share grants for many years that elecâ€" tricity should have a stable price,"‘ he stated. In describing the cyclical effects of inflation, Mr. Gathercole told the board that ‘"even though we were to have a freeze on wages and the stabilization of inâ€" terest rates, the cost of electricity would continue The fellowships can be applied to a broad range of studies including housing design, community organiâ€" zation and community faâ€" cilities planning, transportaâ€" tion planning, urban and regional ‘ _ administration, urban sociology, urban geoâ€" graphy, _ environmental studies, regional sciences and other related fields. to rise in the future because there has to be a catching up. * "I would like to hope that inflation would be brought more quickly to a position of stability,‘"‘ he continued, ‘"‘but I don‘t see the prosâ€" pects at the moment."‘ raised by the consumers and Loraine Shapiro. ‘ Mr. Good is currently studying for his Ph.D. in public policy at Berkeley College in California. He is expected to complete his studies in 1977. Mr. Clappison is studying regional planning and reâ€" source development at UW while Thomas Ian Gunton is enrolled in urban planning at the University of British Columbia. & boturteteteditadutaatad wVe hk un _ DUL, VHIS 12 a UIme Ol NSâ€" chairman agreed that the ing prices, whether it be effects of rising power for a commodity such as rates are going to be grievâ€" eggs, bread or milk, the ous to some people. prices of which have risen "But, this is a time of risâ€" Waterioo Chronicle, Wednesday, August 7, 1974 5 crease for 1975 more rapidly than elecâ€" tricity,‘‘ he told the board. Ontario Hydro has proâ€"