TORY VIEWPOINT

By JOE CLARK: oe

“We are working on ways to encourage equity participation by —

a much larger. number. of Canadians - ae Canadian enterprise. |

“As we restore govern- ment operations. to the private sector and consider . means to raise new capital for new ventures, we will be - proposing means to: encour- . age many ‘more . of. our citizens to take their money * from their = Canadian «socks:-: and put it in ‘Canadian ©

“We believe it is healthy for more Canadians to own. more of this country. That is. why we propose mortgage interest deductibility to en-

courage Canadians to own | homes. That is why we will .

dans prepared to invest: in:

Canadian: ‘smail business... It-. -<needs’ more certain markets. “We will adapt and apply the ~ Japanese ‘and U.S.practices: : of setting aside a significant:

- proportion of .. government _ purchases .for small - medium-size. business. These

enterprises need the. ability.

to compete in the world; and: “we > will Canadian companies css ‘small-and medium size =:

» form: export consortia, so." Canadian: products and Can- 7 -adian ideas can’ compete to —

‘penetrate. foreign markets.

“*We will make Canada again. |

a country of innovation and ideas -- by increasing our commitment to research and

“development, | and. focusing

that policy upon. companies

that. will keep ‘Tesearch ‘in

Canada.

proposing ‘instruments. to. ot

broaden the base of equity ownership in Canada. °

“We will give the highest priority to small and medium Canadian business — because that is the- sector ~ where Canadian content is

highest, and the sector. where innovative and entrep- | reneurial are’

instincts: keenest. i

BASIS»

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Page 65, December 6, 1978 North Shore News _

i

“The 2 answer r involves get- :

ian development plan for the.

nu

those .. Canadian’

in the world. It may require

“‘seed’’ grants to Canadian’ us have: ‘the potential to. |

research and development’ Ge

“ number.

“The opprtunities are here for Canada -- here-:-in: our. three oceans, with. , their immense potential both for a and for a

try; here in energy, where we

and where we can still be in the forefront. of | developmenis like’ liquefied natural. gas;

where. a company like Nort ern Telecom has set such an impressive: standard; here in transportation, where we _are wasting technology lik

domestic | rail needs that. _could make us competitive world. technology.’ oS

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Conservative Party Leader

- Jee Clark’s recent speech at a PC fand- realising dinner in.

37.49

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