“page 13, January 25, 1978 - North Shore News - Soe

Ce we ye A

DIAN COHEN - ,

It: ha: “not. ‘been. “by: Sodhomite st security for Cana- vs
ident ‘that -_govern- dans. In’ 1966, ‘we got. the —
ment spending has ris-

Canada Pension Plan and the
ws Catiada — Assistance _

are hacia the... Guaranteed | Income -Supple- -
Si cond world . war ‘the | ment to the: Old’ Age: Pension

"was - introduced. °° ‘Tn. “1968,
deliberate increase. in ~ Medicare ¢ came i cing: In .
taxes. was understand-. -1971,- the’ Unemployment -

: “able i in order to pay for Bemis ; Act | Pais ‘mos
oe “  naule o make .i € mos
wns the war.. When the war generous in the world;
a ended. in. 1945, ‘taxes .1974, Family — ‘Allowances.
- began to be returned. to were tripled...in’ 1975* they —

7 dexed .
“the people who earned inflation. to the rate of

oe the: money. But only for 7

te a short time. |

“Anexorably ‘they’ began. to”
creep’ up again. At times, the
‘decisions to. ~
take: on new.- responsibil- :

om governments’ |

“ -ities...and therefore | spend

‘more .money...came “as a_

” ‘result of - public . demand.

‘More frequently, however, ©

co governments

“Grants: to post-secondary a

: oo education. ‘doubled, trebled —

and quadrupled.

Ate ‘the same. ‘time, ‘the
provinces ~ were. “improving -

‘their own education . and

income ° “Support Programs.

eae

‘began — new -
= programs... because. “they |
. Wanted. to “improve” ‘public
“+ service. “and. ‘because they
‘wanted to please the elec-

‘torate. oe vo
One way ithe federal

government chose to achieve

a these ends was to introduce a

3 -whole Betis . OF - ‘programs
-; designed . redistribute

During the same weriod,

‘in: ‘government =~
7 during ‘the:last 10‘or-15 years
Spending ©: on.‘ health’ and”.
social welfare by all ‘govern- :
‘ments:- increased’ from’ $4-:
billion. in 1964/65. to $16.

goods .

"EXPANDING ECONOMY.

This astonishing increase ‘
Spending

was’ made’ possible because

‘the economy, ‘for .a_ "good on
“number of. those: years, was:
: expanding — “OR - a".

‘billion in- 1972/73, the: latest ._ basis. a

~ year for: which nuimbers: are:
* available. This: represents. al
very great shift in. govern- -.
ment priorities and in the use -
of the nation’s resources.
the | ‘ereast edin re al terms by 67%
governments increased their -
share of spending on goods

and services...their: ‘operat: =

~ fesular a

The Gross  Nétional | Prod- L 7
lict...the | “value. Of Jall. the’
and. Services. . “we *.

a8 .a8. nation...im-.

prod uce

between 1964 and 1974. This - .
. growth provided: the financial -.

- Took the same: .:

'. Simply this: in our Guaranteed ;

“Sure. at fir irst tglance: all RSP’s :

‘Down the block they may

rifle shat

Fert lex A ems the -

cibility. ATOUNG t

nterest co mir pounded _— .

iT: sferest rates.
—. Now, what makes the
Permanent’s RSP different? |

Lg ST Rc me ee

“Fund we presently combine ©.
all three. Flexibility. Interest
a compounded monthly...

~ Competitive interest. rates, Not
only that, there are no initia- _
tion or annual administration
fees and the maximum
close-out fee is only $100.00.
‘So maybe at first glance

all RSP’s do look the same,

but they’re not. Stop in atthe |

Permanent branch nearest you

and find out more about the |

PermanentRSP

Our branches can also tell.
- you about our Registered
Home Ownership Savings Plan

- income and ‘provide greater ~ CONTINUED 6 ON PAGE 14

_Senvice with, a SATISI ISFi CTI
“THIS MONTH'S SPECIALS.

a - JANUARY 1978

Any G. M. Passenger Car, Van or. Pick-up

AUTOMATIC TRANSMISSION —

. HOW LONG 1S 7 SINCE you’ VE HAD.

ing costs..-by 5 percent.” ee

*ADJUST ALL BANDS AND PRESSURE (RHOSP).
YOUR TRANSMISSION SERVICED? TO FACTORY SPECIFICATIONS. bd Deadline is March 1, 1B
MANUFACTURERS °>RECOMMEND - | me for 1977 tax savings.
AUTOMATIC TRANSMISSION SERVIC- oe. OIL PAN.

.. ING EVERY 20,000 MILES ON Most

MODEL CARS. ay G.M. ‘TRANSMISSION |

D. TEST CAR AND SET LINKAGE
O TRANSMISSION AS REQUIRED
FOR SMOOTH OPERATION.

ALL G.M. PARTS BACKED BY
‘GENERAL MOTORS NATIONAL
WAKKARTY

HERE IS OUR comps

'
heeds Mie ata Delaielatehetaiietet attains ieleilaie
‘

“REMOVE TRANSMISSION
~ TO CLEAN, AND. CLEAN ait SCREEN.

“DRAIN TORQUE CONVERTER iF
APPLICABLE

BRAKES FRONT

Remove front wh

INCLUDES OIL AND: PAN GASKET

BRAKES BACK

B the Permanent.

‘Canada Permanent Trust Company.

| . Canada Permanent Mortgage Corporation.

We'll always be here to help you make it.

Romove rear whoats eplace
pads or lgigas. ioe! linings. Che lindors
hon " ; y ’ and ¥ ‘00 brake.
“ Brake : ] ificludo parts. ’
Brake sfemtal Meir include parts P

; “WE'RE NEVER SATISFIED TILE YOU ARE"

1604 Lonsdale Ave. 2699 Granville

Pacific Centre Branch
7:30 a.m. to 9 p.m. Mon. to Sat. North Vancouver at 11th 701 W. Georgia
Ereo taxi service to your office, home or downtown while we service your car. 7 986-1311 731 “6554 689-0611
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