Whitby Free Press, 13 Feb 1980, p. 18

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PAGE 18, WEDNESDAY, FEBRUARY 13,1980, WHITBY FREE PRESS Smal business a priority Diekerson says The small business sector of Ontario Rlding wII get my undivided attention after Februzary 18, pledges Liberal Candidate Doug Dckerson. "T'lhere's an amazing number of amali businiesses in the local area and many need govermnent assistan- ce"$l hesay.. Diekerson points out that the smail business sector employs about 60 per cent of ail Canadians. Me says, "Because of their size, smail businesses are more flexible and able to adapt qulckly te changes in markets". Dickerson states that the Liberal Party of Canada is comitte-d to the free enter- prise system and supportive of the independent business person. Government assistance is needed now to "stimulate the growth in the small businesses of Pickering, Ajax, and Whitby" he says. The Liberal Candidate dlaims that boans through the F'ederal Business Development Bank should be obtaned #at arateof in- terest four per cent below convention rates rather than one per cent above as is presentiy the case". Me says this preferred rate of interest should be in effect "for a three to five year period"' in order to provide a sufficient degree of immunity from the har- dships of a constantly rising interest rate. Me cdaims that the gover- nment sbould also provide counselling to small business persons. "A gover- nment organization should provide expertise in business management, law and accounting," savs Dickerson. "&This 18 especially needed in the area of new business to prevent the pitfalls leadlng to bankruptcy" he adds. Dickerson says that by giving attention to the local smail businesses, jobs would be created. 46Our young people could find employment wlthout having to leave home and go to the already crowded job market of Metro Toronto", he says. Dickerson points out that smail business 18 "labour- intensive" and can create jobs much more quickly and cheaply than capital-intensi ve industries. "It Is estimatcd that the smnall f lrm sector can produce a new job for under $5,000, while the capital- intensive sector may requii'e anywhere f romn $70,000 to $lO0,000"P, says 1)lckerson. The 32-year old candidate says he's commltted to helping the srmail business person. t'The independent business person usually feels governments offer lit- tie more than a maze laced with red tape and total frustration. 'I want to help eliminate these feelings", concludes Diekerson. Local firm go es public Andrew Corporation is planning to register shares of its common stock for sale to the public in the spring of 1980, accordlng te, an an-. nouncement made today by C. Russell Cox, president and chief executive officer. A registration statement wiil bu filed with the Securities and Exchange Commission in March or April, covering shares te bu sold by the company and for the accounts of existing stockholders. Proceeds of the issue will be about $20 Channel million. Andrew Corporation, a 43- year-old firin, is engaged in the manufacture of antenna systemn equipment used in telecommunications net- works, and in other com- munication and instrumen- tation applications. In ad- dition to is principal location at Orland Park, the company operates a plant in Whitby (Ontario). Net sales in the company's 1979 fiscal year were $71.7 million; net income was $5.5 million. 9 momîtoring expanded Minister of Transportation and Communications James Snow and Solicitor General Roy McMurtry today said police monitoring of emnergency channel nine on the citizen's band radio wilI bu extended to ail provincial freeways. "«Experimental projects on Highway 401 and the Queen Elizabeth Way have demonstrated motorists can- "lCitizen's band radios will bu installed in ap- proximately 40 detachments within receiving range of our freeway system and many of* them will bu monitored on a 24-hour-a- day basis," added McMur- try. Snow indicated that "this extended program will not only improve safety on our major freeways, but there JAMES SNOW bu assisted by the emergen- cy service in t.he event of ac- cidents, mechanical break- down or during poor weather conditions," said Snow. "These projects also proved to have two-way benefits," said McMurtry, "because moterists have also been able te, alert police te accident situations, dangerous road conditions and pinpoining other eznergencies." should bu considerable spin- off for motorîsts using high- ways adjacent te the freeway system. "Eventually we hope to bu able to offer this unique ser- vice on ail major traffic routes in Ontario."' The system wifl bu com- pletely operational soon, and signs willbu erected on al freeways within range of monitoring station. TRENTWAY AIURPORT SERVICE To and f rom Toronto International Airport daily. Featuring a low cost luxury coach as weli as a private car wlth doqr to door service. Also featuring a speciai reduced rate at Hol iday Inn, Toronto Airport. By Roservation OnIy: Coli Trsntway Bus linos 1-800267-0949 Or S.. your Local Travel Agent

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