THE
CITIZEN
Prince
George
Wednesday
March
5
1975
37
Our
budget
for
the
1975
1976
fiscal
year
has
been
designed
to
achieve
greater
economic
equality
and
social
justice
in
British
Columbia
This
budget
is
a
job
security
budget
It
contains
new
programs
and
initiatives
new
and
improved
services
for
our
citizens
This
job
security
budget
provides
expenditures
to
maintain
and
increase
employment
throughout
the
economy
of
British
Columbia
A
Job
Security
Budget
The
budgetary
expenditures
for
1975
1976
will
be
made
with
people
in
mind
Expenditures
will
be
made
to
maintain
present
job
levels
and
increase
employment
in
the
province
while
also
providing
meaningful
additions
to
the
quality
of
life
This
budget
deals
with
programs
to
construct
new
schools
hospitals
low
and
middle
income
housing
high
highways
¬
ways
and
homes
for
our
senior
citizens
This
budget
will
provide
for
special
employment
programs
for
workers
in
the
forestry
sector
public
works
building
construction
summer
employment
programs
for
our
younger
citizens
shipbuild
shipbuilding
¬
ing
in
our
local
yards
community
and
recreational
con
construction
¬
struction
programs
and
much
more
A
Municipalities
Budget
In
an
historic
revenue
sharing
arrangement
between
the
municipalities
and
the
province
with
respect
to
revenue
from
natural
gas
exports
one
third
of
the
net
revenue
pro
produced
¬
duced
from
an
export
price
over
1
00
of
our
natural
gas
taking
into
account
our
federal
tax
rebate
system
and
other
expenses
will
flow
to
the
municipalities
in
British
Columbia
For
example
if
the
new
export
price
of
natural
gas
is
set
at
1
50
per
mcf
the
municipalities
would
receive
roughly
an
additional
20
million
annually
At
200
per
mcf
the
competitive
value
of
the
fuel
the
municipalities
would
receive
roughly
40
million
which
is
equivalent
to
an
addi
additional
¬
tional
2000
per
capita
payment
In
addition
the
provincial
government
intends
to
make
additional
per
capita
grant
payments
to
the
municipalities
this
year
and
next
in
order
to
ensure
that
the
per
capita
grant
program
is
kept
up
to
date
Total
per
capita
payments
to
municipalities
in
the
coming
fiscal
year
will
total
over
70
million
almost
7
million
of
this
is
a
result
of
the
new
provincial
policy
A
Fair
Taxes
Budget
Again
this
year
there
will
be
no
general
increases
in
personal
income
or
sales
taxes
for
the
citizens
of
British
Columbia
Each
homeowner
and
family
farmer
will
receive
the
benefits
of
a
doubling
of
the
limits
of
the
school
tax
removal
program
The
maximum
reduction
last
year
was
40
This
year
it
will
be
80
This
is
in
addition
to
the
200
homeowner
grant
Assistance
to
renters
in
1975
will
be
provided
through
a
new
RENTER
TAX
CREDIT
Program
Credits
of
up
to
1
00
will
be
paid
to
eligible
renters
on
low
and
moderate
incomes
The
rate
of
provincial
corporate
income
tax
for
small
businesses
will
decrease
to
an
effective
rate
of
10
while
the
provincial
rate
for
large
corporations
will
increase
from
12
to
13
An
Elderly
Citizens
Budget
Under
the
HOMEOWNER
GRANT
program
elderly
citi
citizens
¬
zens
will
continue
to
receive
the
extra
50
payment
for
a
total
grant
of
250
The
budget
includes
a
minumum
80
payment
under
the
RENTER
TAX
CREDIT
program
for
those
aged
65
and
over
The
budget
also
proposes
to
con
continue
¬
tinue
the
RENTERS
RESOURCE
GRANT
for
1975
for
those
aged
65
and
over
This
means
that
two
payments
of
80
or
more
for
1975
will
be
made
to
this
group
The
additional
payment
is
designed
to
ease
the
transition
to
the
new
income
related
program
by
providing
greater
assist
assistance
¬
ance
to
the
elderly
who
are
often
the
most
severely
affected
by
inflation
those
people
on
fixed
incomes
Additional
funds
will
be
provided
to
Mincome
Adult
Care
Home
makers
Programs
and
Pharmacare
to
increase
the
scope
of
these
innovative
programs
Furthermore
a
special
emphasis
will
be
placed
on
providing
additional
housing
for
our
senior
citizens
A
Social
Progress
Budget
1
22
million
will
be
provided
to
the
Mincome
fund
for
our
128000
citizens
aged
60
or
over
Child
maintenance
care
and
special
services
will
receive
an
additional
13
million
this
year
An
additional
1025
million
over
last
year
will
be
provided
to
continue
the
upgrading
of
the
provinces
hospitals
and
medical
care
Total
expenditures
for
these
programs
will
rise
to
over
587
million
in
1975
76
BC
shipyards
and
marine
construction
concerns
will
benefit
from
40
million
to
further
the
growth
and
service
capabilities
of
our
BC
ferry
system
A
centralized
ferry
telephone
information
system
will
be
launched
this
spring
One
of
the
most
dramatic
expenditures
will
be
in
the
field
of
education
Increased
grants
to
schools
and
reduced
home
homeowner
¬
owner
school
taxes
additions
to
university
operating
grants
student
scholarships
and
bursaries
college
technical
and
vocational
school
construction
will
account
for
an
additional
646
million
of
this
years
budget
over
last
years
An
important
evolution
in
our
educational
system
is
the
dramatic
increase
in
the
number
of
part
time
students
This
trend
has
been
encouraged
by
government
funding
Funds
will
again
be
made
available
to
enable
our
educational
in
institutions
¬
stitutions
to
respond
to
the
needs
of
their
students
and
of
society
One
such
need
is
illustrated
by
the
5
fold
increase
in
funding
for
student
aid
and
teacher
training
scholarships
since
197273
A
Families
Budget
The
budget
for
1975
1
976
places
a
high
priority
on
hous
housing
¬
ing
The
Department
of
Housing
will
be
actively
involved
in
building
projects
for
senior
citizens
as
well
as
supporting
the
activities
of
non
profit
housing
societies
Another
area
of
concentration
will
be
the
accessibility
of
rental
accommodation
for
families
with
children
An
aggres
aggressive
¬
sive
land
servicing
policy
new
community
planning
and
development
and
the
servicing
of
Crown
land
for
sale
or
lease
to
private
individuals
will
facilitate
this
growth
of
housing
and
accommodation
In
the
past
year
181
communities
have
benefitted
from
516
grants
from
the
Community
Recreational
Facilities
fund
The
appropriation
of
additional
funds
to
this
program
will
allow
for
further
community
recreational
projects
An
Agricultural
and
Industrial
Expansion
Budget
The
Farm
Income
Assurance
program
the
only
one
of
its
kind
in
Canada
provides
a
base
by
which
production
pro
programs
¬
grams
can
be
carried
out
with
the
assurance
that
producer
income
levels
can
be
safeguarded
The
program
will
be
augmented
by
27
million
This
program
together
with
the
activities
of
the
Land
Commission
provides
an
important
measure
of
job
and
income
security
for
farmers
Agricultural
Credit
programs
will
be
expanded
by
a
further
6
million
This
government
recognizes
the
vital
role
agriculture
plays
not
only
in
the
economy
of
British
Columbia
but
in
the
lifestyle
of
all
British
Columbians
In
the
coming
year
provision
is
being
made
for
expansion
of
our
successful
trade
missions
technical
and
small
busi
business
¬
ness
assistance
and
industrial
and
economic
studies
pro
grams
In
addition
the
British
Columbia
Development
Cor
Corporation
¬
poration
formed
to
provide
financial
and
technical
assistance
to
industry
as
to
the
end
of
last
month
provided
24
loans
totalling
28
million
75
of
these
loans
were
to
small
businesses
A
Sharing
Budget
A
sum
or
5
million
will
be
allocated
for
world
food
relief
This
augments
the
5
million
Agricultural
Aid
to
Develop
Developing
¬
ing
Countries
and
Major
Disaster
Areas
Fund
from
both
capital
and
unexpended
interest
earnings
The
British
Col
Columbia
¬
umbia
government
will
match
private
sector
contributions
given
to
world
food
relief
If
you
give
a
dollar
the
govern
government
¬
ment
will
match
that
dollar
with
an
equal
amount
in
order
to
assist
all
British
Columbians
in
voicing
their
concern
It
is
the
intention
of
your
government
to
establish
a
new
provincial
financial
institution
which
will
be
designed
to
in
increase
¬
crease
the
competition
in
financial
markets
to
lower
interest
rates
to
support
further
economic
and
social
development
of
our
province
to
ensure
that
more
of
all
of
our
money
remains
in
our
province
and
to
increase
the
amount
of
credit
extended
to
low
and
middle
income
earners
to
farmers
and
to
small
business
For
Your
Own
Copy
J
If
you
would
like
your
own
copy
of
the
1975
1976
budget
write
Budget
Hon
DBarrett
Minister
of
Finance
i
Parliament
Buildings
Victoria
BC
V8V
1
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g
Name
Address
CityTown
Postal
Code
Our
wealth
is
found
in
the
skills
of
our
people
and
in
the
resources
which
they
own
e
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