Whitby Free Press, 23 Sep 1981, p. 5

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Consumers are ti Hurray for an honest trustee Dear Sir: Hurray for John Buchanan. It's refreshing to find an honest politi- cian. i wasn't aware by his letter to the editor, that he was on the Board of Education. lIl vote for him in the future. Maybe you could take a lesson from him in the future. Sincerely, J.A. Hibbitt, Brock North, Whitby. A handy new book by Sidney Ledson, author of the best-selling book, 'Teach Your Child to Read in 60 Days'. Here*tabc î seorpe shu;oti e witliut, vittualiy a unlverssty course m oammar but pre$eteiad aively WaV MO Un.Lersity Can m3ch S3.95 pu* PRINTING & OFFICE SUPPLY 218 Harwood Ave. S.. Ajax 638-1968 WHITBYFRFEPRESSWEDNESD', SEPTEMBER 23, 1981, PAGE5 he big losers in energy deal, reader says 1958 and 1973. cent in 1980 up money out of the electinn are ex "pleased" will n One final point from $3.6 billion in country. perencing the doubt be soured. about the battered 1979 to $4.7 billion - When the euect- ecnomic conse- Yoaurs truy, oil companies, their ail the white orate to whom Mr. quences of this ail Paul K. Farder, profits increased a foreign-owned corn- Fennell will appeal dea - bur MP's 103 Muir Crescent, stunning 31 per panies took more in 1984 for re- state af being Whitby. Dear Sir: It is a sad day for the citizens of On- tarlo Riding when their MP supports one of the biggest ripoffs in the Canadian history. I am referring to the article which ap- peared in your Wednesday paper, September 3rd, 1981 edition on page 3 entitied: "OIL DEAL WAS BEST POSSIBLE: FENNELL". Mr. Fennell says: "the multinationals are taking a ham- mering in the agree- ment". What about the consumers, especially those on fixed incomes - what does Fennell think happens to them when gasoline rises to $4 - $5 a gallon by 1986 or when home heating costs more than double? Mr. Fennell would do well to concern himself with the victims of the energy sellout and not to whom the spoils went. Let us examine the oil deal: Ottawa will get 25.5 per cent of the projec- ted $212 billion by 1986, Alberta will receive 30.2 per cent of this amount and the poor oil companies (and the multinationals who "have been taking a hammering" accor- ding to Fennell), will receive a whopping 44.2 per cent or $94.2 billion. By the way, Mr. Fennell admits that his party's proposai "Is very close" to the deal worked out confirms what many Canadians have known all along, the Grits and Tories, both backed by big business are like tweedle-dee and tweedle-dum. People have been hood-winked Into believing once a settlement was reached that things wili start to fall into place for Canadians; contrary to this, and Mr. Fennell's crystal bail gazing, the in- flation rate is fueled by energy increased costs, the dollar is stili soft as putty, and a forecaster, Norman Heimich, chief economist for F.H. Deacon, Hodgson Inc., recently said in- terest rates would continue to rise this year to 23.5 per cent. Don't be fooled - this oil deal will not in any way improve the economic climate for pension- ers, the unem- ployed, small business, or con- sumers; we've been had! It is interesting to note that nowhere else in the world is any oil producing country charging its own citizens the world price for the product - "only in Canada you say, pity". Also, the poor multinationais whi- ch are taking such a hammering are the same ones that only a few months ago federai investiga- tors showed had ripped off the Canadian consumer ta the tune of $12 billion between MILWONS OF EXGT1NG SINGLE STAMP PRIZE! With one stamp, you could be eligible to win McDonald's®food prizes or one dollar, five dollar and one hundred dollar cash prizes! And, $1000. $5000. $25000. $100,000. and $300,000.

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