federal guarantees on loans to firms 'Ven I I.I.
Among budget proposals spoken of to "stimulate the Canadian arts and cultural in dustriei" are amendments to the income tax act to allow for 1004 investment write -offs on Canadian sound recordings, greater fexibihry than before an deductible expenses for performers.
This, at least, rs the view held by many industrynes surveyed by Billboard the day after the election. In Canada May Benefit Industry Its DAN iii TORONTO- Canada's new Conservative Party government, which dust barely scraped to power Tuesday 122), promises great things for the cultural andusteies here including the record business. The visit was promoted by Harvey Goldsmith, a London -based agent, working with Continued on page 281 Cary treat's new album is Spy (SE SO6), slipping this seek ranee" (L46051) is the bot single Produced by Aril Mardm on fietti oa+nw"mt Records and Tapes New Govt. although Britain's Cliff Richard did well on an earlier visit, as did Germany's Boney M a few months ago. John is the first out- and -out rock artist to appear in the U.S.S.R.
John's records have been available only on a black market basis, with albums selling for around $7(1 via illegal importing from neighboring territories. 1 SPOTLIGHT EUROPEAN RECORDING STUNCS,' 1NS1DE PROSPERITY FROM A SOUND INVESTMENT r s B NEWSPAPER A Billboard PUN t,1lon lnr International Music- RecordTafp Newsweekly $2.50 (U.S.) Russians To Issue John's `Single Man' MOSCOU the woke of Elton John's sig- nificant and rucce -fol concerts in this city and Leningrad, the Russian authonlies have given permission for a minimum 100,000 copies of his most recent album, "A Single Man," to go on sale here officially via Melodica.
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