Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 9 Sep 1981, p. 6

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cies are on the rise, our national debt continues to grow, and inflation seems to have moved in to stay, a dynamic and growing energy industry could spell some very good news for our province, and the At first glance,~it looks® like all tht average consumer can look forward to are higher oil and gas prices as a result of the new fiveâ€"year pact, yet renewed energy investment in Canada will also mean enormous economic spinoffs for Ontario which will boost our province‘s industrial growth, create more jobs, and improve the national economy. At the heart of Canada‘s economic woes in the past year has been the uncertainty created in our nation‘s energy sectoer by the Liberal government‘s National Energy Program, and the inability of these two governments to clinch an energy agreeâ€" ment which will determine .domestic At a time when interest rates .are soaring, business and personal bankruptâ€" prices for both conventional and newly much needed shotâ€"inâ€"theâ€"arm now that the province of Alberta and the federal government have reached an accord on energy pricing and revenue sharing. _ And, who knows, after so many, many years of Tory rule, the electorate â€" if presented with somebody who looks like a good alternative as premier â€" might be ready for change, if only for the sake of change. Some people decry charisma, but â€" let‘s face it â€" it‘s needed by anybody who wants to be a successful political leader these days. > l And that‘s what is needed if they harbor any real hope of forming the next government in Ontario. If the provincial Liberals hope to be led out of the political wilderness, they need a new leader to replace the retiring Stuart Smith who has that good, oldâ€"fashionedâ€"quality called charisma. . That doesn‘t mean the ideal leader is someone who is all style but no substance. On the contrary, the personality should act as a vehicle to effectively convey to the electorate the practical wisdom of the policies espoused. In other words, those things that a leader and his party stand for are most important, but second to that â€" in terms .of motivating and mobilizing people â€" is the ability to win people to the cause. y That requires charisma. The Liberals would do well to pass over any and all of the MPPs who currently sit in the legislature. Some are good members, some are bad â€" but not one seems to have the stuff of dynamic leadership. It might even be refreshing. Charisma vital f published every Wednesday by Fairway Press, ~ a division of Kitchenerâ€"Waterioo Record Ltd.. owner 225 Fairway Rd. S.. Kitchener. Ont. address correspondence to Waterioo office #2 King St. Soutli. Waterioo. Ont.. telephone 886â€"2830 Waterioo Chronicte office is located on‘Znd tloor of the O W. Sports buigitg opposite Witerico Square ‘Periung on King Steet or in Waterioo Square. Open Montday to subscriptions: $14 a year in Canada §$16 a year in Urited States and Foreign Countries way. Kitchener Chamber of Commerce presiâ€" dent, Don Weber, called the agreement a â€" $325 million for the Ontario transportaâ€" tion industry. â€" $740 million for other manufacturers and processors in Ontario. Similarly, up to a quarter of the 10,000 construction jobs created by a project like the one at Cold Lake, Alberta, would go to Canadian residents in other provinces maintaining their homes there and paying taxes. And these figures are for only one oflundsphlt.lythendoflheem. as many as six projects could be â€" rest of Canada. Ontario, in particular, should be able to latch onto the rising star of Alberta‘s tarsand industry, which is the envy of most of the industrialized world. For Ontario alone, one $7 billion oil sands plant would produce: â€" $800 million in business for Ontario‘s iron and steel industry. â€" $370 million for Ontario‘s metalâ€"workâ€" â€" $870 million for Ontario‘s financial enâ€" â€" $750 million for Ontario trade and $ established 1854 Energy accord a boost ‘"real plus‘" for the business community of Kitchenerâ€"Waterloo. ‘"Businesses will be able to plan ahead now, knowing what their. energy costs will be and it (the agreement) should have a stabilizing effect on the rest of the economy,"‘ he said. Weber added that many industries will have to exercise constraint in their use of gas and oil in the future, and for this reason he said it is unfortunate that nearly two years were allowed to pass without an agreement, time which could have been used to gradually implement price inâ€" creases. Even with an energy pricing agreement in place, the federal government can still count both the Esso Cold Lake project and the proposed Alsands project near Fort McMurray as casualties of its shortâ€"sightâ€" ed energy policies. s These two projects, which might have come on stream in 1985 or 1986 with a for another two years due to the uncertainty created by the National Energy and the loss of much of their work teams while the negotia were barrels of oil per day, could still be held up Petroleum industry spokesmen say My colleagues and I in the Conservative Party still have many reservations about the government‘s Mandling of the energy issues which are so vital to this country‘s future. While we support the NEP‘s concept of Canadianizing the energy inâ€" dustry, we object to the government‘s desire to simply collect more revenue in taxes and control, at the expense of the Canadian consumer and those already involved in the petroleum industry. Many aspects of the NEP oo:dtinue lto discourage energy investment and exploâ€" ration in Canada by both Canadians and the multiâ€"nationals, and there is a real possibility that this investment will go to greener pastures in the United States. future energyâ€"related negotiations beâ€" foreign oil payments will cost Canada up to $16 billion in each year that goes by until these projects are on stream, and valuable time, jobs and momentum will take years to retrieve. ; watchful eye on the fate of the NEP and

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