Al? - Wednesday, April 18, 1984 - North Shore News

SS Canada | +]
TO 4.7 PER CENT .

Inflation rate
fell in March

Garden
Centre

THE CANADIAN inflation rate has dropped
below the five per cent level for the first time this

year.

Despite” increases in the
cost of many of the com-
ponents that make up the
inflation index, the national
rate fell to 4.7 per cent in
March.

That's down from the 5.5
per cent inflation rate
recorded in February and
marks a significant change
from the situation a year ago
when the February to March
change was an increase of
one per cent.

In Vancouver, the infla-.
tion rate also fell, from 4.8
per cent in February to 4.4
per cent in March.

That piece of good
economic news vas offset,
however, by continuing high
unemployment and by news
from the United States that
shows the economy there
may be slowing down.

The number of housing
Starts across the U.S.,
usually an indicator of

Protestors
kill contract

THE HEAD of Litton In-
dustnies in Rexdale, Ont... is
blaming peace protesters for
the company’s failure to win
a contract for the production
of the guidance system for
advanced cruise missiles.

Ronald Keating, in a letter
to employees of the

company, said il was not a-

lack of quality, technology
or competitive price that
prevented the company from
being invited to bid on the
contract but “‘something far
more sinister”

Call our Clinic now for an Appointment
“WORKING PEOPLE”

The company, which has
been the target of a series of
anti-nuclear demonstrations
and one bombing in the last
three years, builds the
guidance system for the ex-
isting cruise missile but was
not invited to submit a bid
on the newer version.

Keating said the peace
protesters have caused
serious economic damage to
the company. As well as the
loss of the contract, he said,
the company has been forced
to spend $2 million on tm-
proved security atits plant

ATTENTION

“Sa
mutes

mmend 2?

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{ 1 HY Se fo.

economic health, dropped by
27 per cent in March from
the February level, the big-
gest drop recorded since the
U.S. government began
keeping statistics on housing
Starts.

Honda
looks at
plant

THE JAPANESE
automobile firm Honda 1s
apparently considering
establishing a car assembly
plant in Canada to. get
around government-imposed
restrictions on the number of
cars the company can
import.

That’s the indication from
Tokyo as the Canadian
government stands firm on
the question of import
restrictions aimed at pro-
tecting domestic car pro-
duction in this country.

Honda operates an
assembly plant in Ohio that
produces 150,000 units a
year. The only Japanese
manufacturer operating in
Canada is Toyota which will
produce wheels at a plant in
Delta.

986-421 /

precEPran dt

Easter Arrangement
- real flowers
- already planted

Potted Mums
5 79 ~

“ASTER
CIALS

Easter Lilies

Fish | Potting
Fertilizer Soil
1.5 kg. 20 Litre

We’re Open
Good Friday 9:30-6 p.m.
Easter Sunday 11-6 p.m.

‘*See our wide selection of plants
& gardening supplies"

Z2ist &Lonsdale

North Vancouver