INFLATION:  "Canada is now in the middle of one of the worst, if not the worst, storms of inflation that it has ever experienced, and there is serious danger that it soon could rage out of control."  ""The inevitable conclusion is chat this government has lost the capacity to continue governing."  Toronto Star. May 7, 1974 '  In 1970, Trudeau said his government had "licked the,'` . problem of inflation. In April, 1974, he said the next "few weeks or months will make it evident we have solved this problem." .  Over the Last three years, consumer prices in Canada rose 23%. This year, living costs will go up by at least another 10% food prices by more than 1?a6.  If you invested IM Canada Savings Bonds last year-if you maintained a savings account-you lost money in purchasing power:  Meanwhile, government spending has increased 106.46 since the Trudeau government came to power.  STANFIELD'S ANSWER:  "Mr. Stanfield says that something can. be done and he. . would do it with an immediate, brief freeze on all incomes, profits and prices; to break the vicious circle of inflationary expectations, followed by a system of more flexible controls. for several years, if necessary. He does rot say that this method would entirely cure an inflation epidemic throughout the world. He dues not promise anything lire the Utopia of a perfectly just society. He does say, however, that the disease of inflation can be checked before it becomes incurable, if the nation has the will to act in time.  Winnipeg Free Press, February 9, 1974 .  In addition to introducing temporary controls, a Stanfield government would index Canada Savings Bonds to protect small investors from loss by inflation. It would remove federal : y sales tax from alt clothing and footwear: eliminate the in fta tionary 11°'a tax on building materials: establish a Public Interest Disputes Commission to head off cosily strikes and lockouts in essential industries and services.  There wilt certainly be temporary inconveniences and difficulties in getting our program launch. That’s true of any emergency program-and 1 believe the spectre of two-figure inflation in Canada is very real emergency for millions of ordinary Canadians. !=or too many of them, it's nothing short of a crisis."  Housing "we refuse to believe the government of this v:. .~ country cannot make available enough serviced lots to meet , demand and put a stop to the shocking and shameful price . Canadians are now expected to pay, for a home."--RLs  qbA Stanfield government will co=operate with the provinces a and municipalities to provide more serviced residential tots, s well as eliminating the 1196 sales tax on building materials  The High Cost of Government Federal expenditures are themselves part of the problem of inflation. Runaway costs as those for the unemployment insurance program, or Information Canada, or even the high cost for ineffective government boards such as the Prices Review Board-wilt add up to a 2696 increase in government spending this year.  A.-We can hardly ask Canadians to exercise restraint as consumers, if the government has no regard for spending restraint and discipline. We wilt subject every government program to a rigorous inflation test."-ms  small Business "We value highly the rights of individuals end their freedom to use their initiative and talents to their own and society's mutual advantage. We put a great deal of reliance on small business.  We wilt implement a Canadian Investment Incentive program: Canadians will be able to deduct from their taxes : one-half of any new amount up to 5000 invested in eligible Canadian-owned small business.”  Regional Disparity "it has been impossible for the provinces to plan, much less implement, when the government-in Ottawa is strangled by red tape and confused by competing bureaucracies.  We are going to make regional economic expansion mean something besides endless meetings, empty assurances and half-measures."-RLs  Unemployment Insurance We took the position during the 1972 election that the government was hiding the facts on unemployment Insurance They had presented a 3111 to the House indicating that it might cost 5500 million. it turned gut to be $2 billion.  "And when we ask-why this fantastic increase in cost ~, the Minister says he doesn't know. The real answer is .hat _° . the government neither knows nor warts to know." -,  We would launch a formal enquiry to determine the causes of this costly breakdown in public administration."-RLs  "I believe the Canadian people 'recognize how Important it is-especially in these times-to have a government with a , sense of national purpose, that recognizes the need for . stability and reliability at the centre of a nation Canadians : in all walks of life--housewives, workers.* farmers, businessmen-need -Ehe assurance that those who govern the country are able and determined to do the job.  '"What Canada has achieved to this day has been the result of men and women with the will and the incentive to  work, to save and to build for the future. We propose to reward savings, not confiscate them ...to generate more  investment, not less ...to curb taxation, not increase it to encourage private ownership of homes, farms and profitable enterprise, not discourage it.  "It is important for the Canadian people to realize that continued acceptance of an increasing rate of inflation means a very real injustice to many people who have no way to protect themselves if the government fails to act."-  Robert Stanfield works at his job of understanding people, ;., their problems and their aspirations. Between 1 969 and :1973, he :gas travelled more than 438,000 miles. in Canada 'and visited hundreds of communities.  Just as he has been a working leader, he will be a working  .Prime Minister ...giving Canada dedicated, thoughtful and .  ' ..responsible leadership. ~ _ ~ ._ _ .. _ ~ - -  - This t§ 2 time when his qualities of integrity, sincerity and fairness are needed in the service of all the people, provinces and regions of Canada. This is why so many Canadians believe he is the right man for the times.  "Maybe Canadians have had a bellyful of demagoguery and charisma. "...there is an alternative. In tact, the only alternative is Stanfield.  Toronto Sun. May 9, 1974 INTRODUCTION  We all know about the broken campaign promises of the Tories about their inability to lead the country decisively; `end about the budget they presented to Canadians last December budget which was the crowning glory of six months of Tory flip-flops and inept leadership,a budget which led to the defeat of the government.  The Liberal Party voted against the Tory budget because:  - It was regressive. The effect would be the equivalent of a 1690 increase in income taxes for individual Canadians, but only 596.for corporations, including giant multinationals.  - It was badly timed and, in the face of world-wide recession, would have slowed economic growth and led to higher unemployment and double-digit inflation;  - It would have raised taxes by billions of dollars in four years, supposedly to finance the deficit, but in actual fact, not much would have been used against the deficit . A great deal would have been used to finance the mortgage tax deductibility scheme to the advantage of a minority in society.  We didn't vote against the budget because ft was tough. These are tough times, economically all over the world and we would have accepted a tough, realistic, economic program from the Tories.  But, we voted against this budget and helped bring down this government because they were tough on people, rather than on problems and that's the important distinction.' -- Pierre Trudeau, January 71, 1980.  JOBS  The Liberal Party is committed to a development philosophy for Canada. The 1980s will place an unprecedented demand for a highly skilled and motivated labour force, to deal with the vast array of new service industries and technologies that will shape our economic destiny.  To achieve the national goals of growth and prosperity, the liberal Party recognizes the paramount importance of strengthening and expanding employment opportunities for the student and non-student youth sector.  The governing principles of our policy are job creation, training, and placement. To this end the Liberal Party proposes to:  1. Continue the tax credit plan for job creation by private business firms and voluntary associations  2. Encourage results-oriented research and development from the private sector and publicly funded institutions with a target of 1.5% of GNP being spent on research and development.  3. Continue the job employment training program ()ET) as it existed under the previous Liberal government.  4. Ensure the department of regional economic expansion takes into account problems of youth employment.  5. Re-establish the full range of summer jobs programs cut back by the Clark government when youth unemployment Is at an unacceptable rate.  The Conservative government of Joe Clark has shown little or no interest in combatting unemployment thr drastic cutback in the Canada Works program is ample evidence of its disregard for human problems.  The Liberal Party, however; is confident and optimistic about the capabilities and potential of Cariadians4As a party and as a government; the Liberals have consistently striven for varied and innovative manpower and employment policies. The Liberal Party believes in opportunity for all Canadians whatever their age or their background.  ENERGY  PETROCAN  We must develop more Canadian sources of oil and gas In this unstable oil-hungry world, Canada must also have a secure supply of oil from other countries.  Petrocan was created by a Liberal Government, and we will strengthen its role in both these areas.  Petrocan will negotiate state-to-state oil purchases1. 3lt will continue its already-successful oil and ~as explorations.  The Tories claim that they will give back to Canadians parts of Petrocan:3They say nothing of the enormous administrative cost involved in their policy of giving Canadians what they already own.But their Petrocan policy would destroy an essential national corporation.  ENERGY SECURITY  The liberal Party is dedicated to increasing Canadian control of our oil industry. Our goal is to have one half of oil industry assets owned by Canadians within ten years.  We will establish the Petroleum Pricing Auditing Agency-to monitor Industial activities and profit. This agency will be instrumental in developing a national energy policy included in such a policy will be a "Made In Canada " price, fair to the consumers, and which will insure the development of Canadian supplies will not follow blindly the prices set by the 4i'M Cartel.  ENERGY CONSERVATION  Large increases in energy prices may encourage energy conservation But this hurts those on low income. This also disrupts the economy, adds to inflation, reduces economic growth.  A better way is to set efficiency standards for new construction, new appliances and new cars, and to subsidize improvements to existing homes.  The Liberals will set new standards and create new incentives for conservation. These, along with moderate price increases, will help Canadians to conserve energy.  RENEWABLE ENERGY  In the long term, Canada must depend on renewable energy. Other sources will get more and more expensive, and will continue to be major pollutants.  The Liberals will create the Alternative Energy Corporation of Canada, a subsidiary of Petrocan, to promote renewable energy in. Canada. In many cases renewable energy is now economically viable. In other cases, more technical development is needed . The new corporation will work to ensure that Canada has non-polluting renewable energy for the future.  VISION FOR THE 80s  So we will also develop industrial policies that will spur growth, that we'll increase Canadian ownership and control of the Canadian economy.3lNe will also create jobs. fur concern for the small business .sector, which was also demonstrated under the Liberal Government, will specifically recognize that about two-thirds of all the new Jobs created in Canada over the past five years were created by small business, 97% of which are Canadian owned. Pierre Elliot Trudeau, January 14, 1980.  Canada has so much to offer. Most of the natural resources in this vast expanse of land have not yet been tapped. New technology is bringing us closer to developing resources which are potentially abundant However we have to make some major decision which direction are we aiming our development whom are we doing it? We of the Liberal Party believe that our country must be generous towards its own citizen' Our social commitment will lead us to a society that is fairer to the less privileged. Equal opportunity also means banishing all discrimination based on sex, life ,,4tyle and social origin. We must therefore aim towards a future of development and justice for all. Canadians will see their country developing way which is unique in the world. New opportunities will help a maximum number of Canadians. Development of our secondary industry will allow us to deal with unemployment and help eliminate poverty. This is what the future has in store for us, starting today, if we make the right choice.  1. Liberals will set a “Made In Canada" pricing policy to secure adequate supplies of energy at reasonable prices."  Joe Clark accepts that world prices dictae the price of domestic oil.  The Liberals do not accept this because it means instead of offsetting OPEC pricing, it would endorse it. The Conservatives are willing to make an OPEC crisis a Canadian crisis bringing in its wake recession, inflation and unemployment. Liberals realize what is good for OPEC is not in Canada's best interest. The Liberal "Made in Canada" energy pricing policy would divorce the Canadian price of oil from OPEC pricing.  THERE WILL BE NO 18 A GALLON CLARK EXCISE TAX.  Liberals reject flatly the 18 a gallon Clark/rosbie excise tax. A tax the Conservatives have pledged for re-introduce if they are returned to Ottawa. A tax that is over and above the increased prices-they are suggesting. A tax brought in not for energy security or conservation but to pay for more vote seeking promises that would . benefit some Canadians at the expense of every Canadian at the gas pump.  FOR PRICING PURPOSES THERE _ WILL BE 3 CATEGORIES TO ENSURE A FAIR, EQUITABLE PRICE , FOR CANADIANS.  The Liberal "Made in Canada" pricing policy will distinguish between "old" oil, the oil now in supply or already in production; and "new” oil from new projects in the Tar Sans, the Arctic and the Continental Shell is is a more expensive proposition. The third category is that of the imports for which the price is world price. the Conservatives would charge you  the highest price for all categories of oil.  The prices of these 3 categories will be different for the producers and Liberals will decide u n one blended price for the consumed a price will be uniform across the country. Any future increase would be phased-in and would not bean immediate and abrupt hardship to working Canadians such as the Conservatives are planning.  "TO ENSURE FAIR COSTING, THERE WILL BE A PETROLEUM PRICING AND AUDITING AGENCY  A new permanent Petroleum Pricing and Auditing Agency would be established to investigate and report on industry costs, profits and operation.  This also will see to it that money earned in Canada will be re-invested in Canada to find new sources of energy.  THE CONSERVATIVES WILL BE DEMANDING THAT LIBERALS MUST SAC' RIGHT NOW WHAT OIL PRICE OF OIL IS GOING TO BE IN THE FUTURE.  '"One of the most predictable responses to the "Made in Canada" Liberal pricing policy dill be Joe Clark making hollow demands for a specific price. Clark has stated his OPEC dominated price and on top of that has added his 18~ a gallon excise tax.- The Liberal price will have no excise tax and will be determined in negotiation with the Provinces. Needless to say it will be a price lower than the OPEC dominated, producer influenced price the Conservatives are so eager to impose on working Canadians.  2. "Liberals will achieve energy 9security through the accelerated development of Canada s domestic potential and ensuring Canada s offshore supply."  The "Made in Canada" incentive policy will increase Canada's domestic supply. Also, Liberals would restore the $80 million cut from Petro-Canada's exploration budget made by Joe Clad:, and Liberals would mandate Petro-Canada to participate in the development of the Tar Sands and heavy oils.  Also Liberals would immediately resume negotiations with Mexico and Venezuela to re-establish the vital oil o; contracts lost by the Conservatives. Oil contracts that would have contributed significantly to the energy security of Eastern Canadians.  3. Liberals would develop more balanced energy program through the replacement of oil by natural gas and other energy forms”  Liberals realize Canada needs to substitute plentiful resources such as natural gas for the energy resources we are short of like oil. Therefore under "Made in Canada" policies, natural gas will not be pegged to rising international prices.  It will be set at a lower Made in Canada level to encourage people to switch.  Massive exports as those endorsed by Joe Clack would be thoroughly investigated so Canadians would always have first claim to their own natural gas resource.  THERE WOULD BE A NATURAL ` ~ GAS PIPELINE TO ENSURE ALL r CANADIANS ACCESS TO THEIR RESOURCES. Liberals would take immediate action to begin negotiations for construction of a natural gas pipeline to Quebec City and the Maritimes. Initially it would carry natural gas east but when Maritime = supplies are ready, the pipeline would be like a natural gas railroad with a return delivery facility as well.  Clark has almost person ally destroyed Petro-Canada, one of Canadas greatest energy assets. Liberals would strengthen and expand Petro -Canada as. an instrument of national policy.  Unlike Joe Clark, Liberals have a consistent and firm Petro Canada policy. Petro-Canada will, be kept. Petro-Canada will be strengthened. Petro-Canada will be 'expanded. Its Exploration budget will be increased It will assume a greater role in estate-to-state oil and energy deals and Petro-Canada s growth will be encouraged.  5. Through a subsidiary of Petro -Canada, Liberals will place a new emphasis on conservation and the promotion of energy alternatives."  Liberals would create a subsidiary of Petro-Canada, the Alternate Energy Corporation of Canada. As a Crown Corporation, it will assume all existing and planned federal activities relating to the research and development of wind, solar tidal, biomass, coal liquification and other energy forms.  6. "Liberals will ensure that e Canada s energy sector becomes more Canadian owned and controlled."  As a specific goal-and as a commitment, a Liberal government will deliver to Canadians by 1990 a Petroleum industry that is 5 /o Canadian owned and control under the previous Liberal government foreign declined from 91% to 75%.~ur commitment is to continue and to accelerate that position. It will be achieved through Petro-Canada, federal land regulations and tax allowances.  Liberals gill see that energy becomes part of the larger economic strategy forming the core of any industrial or regional development approach.  It is the belief of Liberals that energy must be the cue of industrial and regional development At least $100 billion will be spent in the energy sector in the next 10 years, and a Liberal government would be committed to direct the benefits of this boom to Canadian's. Industry would be developed close to energy sources so producing areas in the west and elsewhere will have first chance at processing the resources.  ENERGY MUST BEAN ECONOMIC TOOL AS WELL.  If our energy prices are kept below world prices, we will give our secondary -manufacturing industries the trading edge they needy compete effectively in a difficult world. Revenues raised through energy taxation will be used to create greater projects, more employment and more work in Canada.  Unlike the Joe Clark Conservatives whose only policy on energy is promises, the Liberals have a firm, solid program. For the critical years facing Canada and Canadians, and for the role energy must play in-all our futures, this is the time for programs, not promises . This is the time to vote Liberal. 1. ECONOMIC DEVELOPMENT  In the first six months the Clark government took steps to:  . Move the nation toward the most comprehensive Energy self-sufficiency program in oar history.  Help Canadians build a stake in their country by assisting Canadian ownership.  Help, Canadians own their own home through a mortgage and property tax credit ~program.  Give small businesses more security and recognition of their important role in the Canadian economy.  Build on the, economic potential .of Canada's regions.  Restore to the private sector its rightful role in the economic development of the country.  Restore international confidence in Canada.  Develop major new trade initiatives in South America and the Far East.  Provide more job opportunities for Canada's youth.  Increase research and development activities to raise the level of Canada's technology.  Establish a review of foreign investment in Canada.  Develop a National Tourism Strategy.  Assist Canadian farmers with such measures as the removal of the capital gins penalty on the sale of family farms.  2. FINANCIAL INTEGRITY  In its first six months, the Clark government:  • Took positive and realistic steps to reduce the national debt and federal spending.,.  Moved to increase Parliament's control of public funds by developing, long range-spending forecasts, increasing information available to the public and sunset legislation. Increased control and accountability. of Crown corporations and lessened intrusion of these into the lives of Canadians.  • Undertook a study of public service over classification to reduce expenditures and lessen morale problems in the service.  Established project manager responsibility for cost overruns on major projects. .  Created the Privatization Unit in Treasury Board to reduce the number of Crown corporations.  Deferred 19 relocation schemes which served more political than national interests.  Created the expenditure Management Service to make Cabinet Ministers fully responsible for all departmental spending.  3. BUILDING ON  REGIONAL POTENTIAL  In just six short months, the Clark Government has:  Provided tax breaks for fisheries vessel construction.  So Appointed a Grain Transport Coordinator to assure greater benefit from agricultural potential of the Prairies:  Completed--an export contract for barley proving the potential of Churchill; as a long season port.  Allowed local and regional air carriers access to additional routes on a competitive basis  Granted additional VIA Rail service on northern Ontario Winnipeg line, on a six month trial  Provided talc incentives for development project in the Atlantic provinces and the Gaspé.  The Government also took steps to :,~~ ,  Formulate a Beef Import Policy to reach full development in livestock production potential.  • Give full consideration to social and economic impact before any rail line abandoned merits are carried out.  • Expand grain handling facilities at Prince Rupert. .  • Support revitalization of Sydney Steel to re-employ laid-off workers.  • Develop in Newfoundland a Marine Research Institute.  • Expand and extend economic incentives in. the Montreal area.  4. THE NEW FEDERALISM  In its first six months, the Clark Government:  • Granted off-shore mineral rights to British Colombia, Nova Scotia and Newfoundland  Turned Loto-Canada over to the provinces.  Improved federal-provincial relations to demonstrate to Quebecers and all Canadians that there is a future for Quebec in A  New Federalism  Included Native Peoples as full participants 'u future constitutional negotiations.  Organized a National Economic Policy Conference to plan with the provinces the direction of our national economic development.  Restored to Parliament its role as central decision-maker.  Held the first meeting of full Cabinet outside Ottawa, in Quebec City.  5. MAKING THE INDIVIDUAL COUNT:  q; In six months the Clark Government has:  Developed a wide-ranging and workable freedom, of information policy to open government to more public scrutiny.  • Instituted a policy of appointing more women to senior positions in government and the public service.  • initiated a full review of health care insurance policy.  • Established a special committee to study the special needs of handicapped and disabled Canadians.  • Reinstated movies for women's programs including extension of funds for native women's programs.  Established a special committee to examine the role of the voluntary sector.  It also took steps to:  Investigate Statistics Canada, including aspects which may touch on individual Canadians.  Refer allegations of human rights violations immigration cases to the Human Rights Commission:  • Respond to consumer and small business: concerns about implementation of metric conversion in the retail food sector::  Extend widowed spouses' allowances: :  Create a business deduction for spouses--: who work with small, family companies, thus recognizing the important role played by women.