V Thursday, September-23, 1976~-THE BULLETIN—7
^J^r^^T^'■ Norwegian tea.cher.coiiy>ctecl' tf^^,i>^v's^Z^.
has received a suspended 120- discrimination. Hoaas has ap-^ found that he had insulted Nor- his classes. ' ed that Hoaas might be dismissed,
?n^nn^i. ? K ♦ t 3^ pealed. , wegian Jews and had exposed them The director of the schools but until the result of the appeal,
A WDOu. ^i,iow and , The .charges arose from anti- to hatred and ridicule. group said that the board would the only course open was sus-
ordered to pay court costs, for Semitic remarks made by Hoaas Pupils at the school where Hoaas take note of the court procedings pension. That, however, was Also
infrmging the law against racial in television interviews. The court " teaches say that they .will boycott and it would consult the Ministry a judicial matter. JCNS.
I The anti-inflation piogram is nearly one ^ year old'
"Hie program was anr^Dunced last Octoi||| 14 and the Anti-Inflation Act was passed by Fbrliamfent in December The-goal was to creSi| a icdr^nd stable economic climate for all of us. Guidelines were Established for the <:ontrol of - prices, profits, incomes, dividends and' ^ ' ' professional fees. Thq fe'deral government ' established a policy of spending restraint. The pibvinces are supporting the program and dire ^applying guidelkies irii areas of provincial ' , concern'such as reiits.-' '
, The target of the Jirst year of the
be added of subtracted depending on whether a , group had kept up with or fallen behind cost of , living increases before t&e. program began. /More thajti half of the agreements and settlements ' reported to the Anti-Ihf Idtion Board have been '
within these arithmetic guidelines. A gradual
downward .trend in wage increases has steeled; ; anditshould,continue as more Canadians
realize that because of decliriing inflation, settling
for less won't hurt ^:therh.
iins
Since liie start of the anti-inflation program, the overage Canadian has actually improved
——--------^------- ---- ^ ^ ^^-yiy j^est measure of hqw-we're doing, of how
' ; , prograrn-rripstof us are better off than we were ». , we can manage to pay our bills at home. By this
> 'v'
■ before" becau|e salaries^ on average, are ,, .Iceeping^edd of prices. . , ^ ,
Last yecHi sudderijond fri'ghtenmg price , increases were Happening all tod.plteri. By" -October, 1975, Canadian's had experienced 20 ' rri<3hth^iif inf^ be sure how for the dolldii'^dmed one,day :wcrtjdd stietch:the-t^^
progrxim was brought in to contoLthe rise in -
prices,^ giving Canadians d better chance to .
plan and live within their; fcnnily budgets. Price "increases-hgve slowed down. By August, the
dr^ in the Consumer Price • -
^ Index had dropped to 6.2%. Although some '
and next, the 8% target will surely .be met. , "
spring,'real'incomes were up 3.6% over last yecor.
Before
First 9 months oH975 ^ •compared to'the same penod m ' Ihe previous yeift
> GROWTKIN AVERAGE ; WEEKLY EARNINGS (INDUSTRIAL COMPOSITE) .
After
■ tApst recent 3 month penod for-,;
which eaniihgs data ovanablft;,;.: "(MariMoy 76) compared to saftjfr
p«nod in the previous yedr
GROVVTH IN AVEftAGE WEEKLV EARNINGS (INDUSTRIAL COMPOSITE)
' Controls on both prices cmd incomes are;-1 port of the reason why the inflation rote is ^ * \^ ^ -, ' dropping. The cp-operation and hard work ol; J.
The anti-infldtion progrxam has also helped ^ ^ most Canadians'is;ihe rest of the story. We wifl , to lestrnin increases in wages, salaries and other -' soon be moving iritathe second year of the incomes The Guidelines on compensation allow '' program, with a goal of lo:wering the inflatipn'; ' for d Jbdsic increase of. B%; plos^ 2% ds a shore rote to 6% pr less. Working togetlier we can '
of national productivity giowUh. Another 2% can ' reach this target top,. ^ , - .. .' _ m
Government Gouj^rnesnem . i yi^i/^r^ r haii-. i n
. of Canada du.Canacia ^ ; | IJZini\.^^lMJ::i I r=fl
INFLfflTON PROGRAM
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