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Local business, labor and eduear tion lenders are not very happy with Ontario Treasurer Robert Nixon's budget last week. "The time is now due to deal with the derseit and deal with it in a more positive manner than he has," said Neil Richardson, chair of the Waterloo Chamber of Com- merce government affairs com- mittee, bb He should have capped his expenditures and really concen» trated in getting the dencit under control. "Even the most optimistic per- son has to admit this boom can't last forever. The risk of recession is not far down the road and I don't know that they're rrnaneial- ly prepared to handle the down- Richardson said chamber mem- bers had expected an increase in the provincial sales tax. However, "we were a little surprised at all the other tax increases." On the itive side, Richard- typical Pfr,'f"l' .gover'""e.r" son j,o'd"tylf'dl'Ju',1'f money for budget. Thet're trying to make housing and skilled training as up for lest ttme bec’ouse of the well as more money for schools. accord with the NDP . "Those programs will have a Though supportive of the mea- positive effect on our area." sures to help low income people 'tittyg git {<31} [imam (hiiihn macaw? Locals aren't singing Ontario budget praises services as cater-to all your needs. For quality at its best, visit . Over 2,000 friendly people to serve you . 2,000 free parking spots on streets and municipal lots . Over 300 specialty shops and professional However, he and. the tax in- creases will be inflationary, and could cause problems for local businesses. "in this area, we have virtually full employment. So 1ahorisintotrontrpoaition at the table. We think labor will try and get increased taxes back through University of Waterloo presi- dent Douglas Wright also fears the budget was inflationary. The increased expenditures for educa- tion were not sufficient, he said. Wright is glad to see the budget addressing some of the recom- mendations made recently in a report of the Premier's Council, of which Wright is a member. "The initiatives will further Ontario's competitiveness," he said. "You will see a further degrada- tion of the university system. The level of support per student will further decline." Tom Roche. vice-president of the Waterloo Regional Labor Council said the document is "a typical majority government budget. They're trying to make up for lost time because of the accord with the NDP". ] (!Myjli) Erb Street will be closed (between Westmount Road and Caroline Street) from now until September for street widening and sewer construction. tor of the Social Planning Council for Waterloo Region said the increased sales tax "will affect the poor more than the wealthy. The rebate is applied through the income tax system. Low income people need all their money now - they can't afford to wait". The planning council thinks the increase in income tax will "have a greater impact on the working poor than the wealthy. The in- crease in taxes is double for the working poor than for the wealthy." A report reviewing the provin- ce's social services safety nets is expected to be released shortly, said Ginsler. "By all accounts, it will call for increased social assis- tance payments. There was no thing in the budget to indicate money is being set aside to imple ment those recommendations." Roche thinks the budget "didn't hit business at all. They hit the working chimes and the average pureht-firathome,RoeAetmid inc-eased taxes take away the Ernie Singlet, executive dime {we're payiig for" with the The SEAGRAM MUSEUM and SPIRITS RESTAURANT are delighted to inform patrons that during the Erb St. West reconstruction, both facilities will be fully operational. _ The Courtyard entrance and the Erb St. West parking lot will remain available to the public. Come and view our new exhibitions. We look forward to serving you with our customary care and attention. Thank you. E. WAYNE FARHOOD ispkrasedtoartnourtcetttatheartd RICHARD c. BIGGS. JAMES w. SLOAN & RICHARD B. STRYPE For more than 40 years. Dubrick Real Estate Limited has acquired and managed real estate in Ontario. for European investors. Our reputation has expanded to the extent we now receive inquiries horn all parts of the world including the Arabian states, Asia. South America and all ot Europe, Investors are interested in Canada because of our political, economc and resources stability. and the present lavourable dollar exchange rate has multiplied our inquiries. They are particularly interested in residential apartment buildings, or retail or office complexes with a good tenant mitt, We presently have an extreme shortage of such listings to offer for sale, tt you are the owner of income property and have been contemplating setting. we are most anxious to hear from Eon. All inquiries win be treated in confidence and with no obligation rokers will be protected. J. Keith Angove, representing DUBRiCK Real Estate Limited, 85 Frederick Street, Kitchener, Ontario, N2H 2L5 Phase taicphone or write to BIGGS. SLOAN. STRYPE & FARHOOI) -A1lnrEH'rloH- Income Property Owners FEW om; ”KNEE,- 1'. . W It YES WE'RE OPEN! Tyea4ay to fiaturday 12 to 8 885-1857 57 -ERB STREET WEST WATERLOO, ONTARIO Sundair & Holidayé 12 to 5 . Closed Mondays to carry on the practnce of law as partners under the firm name ot Barristers and Solicitors 92 Em Street East Watedoo, Ontario N2J 488 wilt merge their practices as of MAY 1st, 1988 (519) 886-1590 Telephone: Area Code (519) Office: 578-1400 Residence: 747-9485 Fax: 741-5364