Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 25 Jul 1979, p. 1

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

(.i.r<t,,'e, City urges _ . support for l Palmer report Reheat“ no" writer tario select committee on company law hearings were held in Waterloo last week, and according to com- mitee chairman James Breithaupt. MPP for Kitchener, the meetings were a definite success. MPP Breithaupt admitted some improvments in the organization of the study are needed, but he feels overall that the system of meeting with various life insurance companies is a good one. Chronicle staff writer The City of Waterloo has come out in support of re- taining the present form of regional government, with some important changes, The 33-page response, the first submitted by an area municipality to the sum- ry renew of the Palmer missuon came out In full rt of the recommends tum of the commission that "we should direct our ener- gles to improving the pre- sent system rather than re- vert to the former system .. Waterloo Mayor Marjorie Carroll said that the City's statement "basically says that we realize regional g0 vernment IS here to stay and we may as well live with It ' The report. released Fr, day. Will be sent to the com mittee of local mavors Stu 124th Year No. 30 Before coming to Wa- By Howard Elliott -"""'""-'nnside He made it! Area artist-also Chronicle car- toonist--Doug Schaeferfinauy made it into the pages of the paper. doing what he's best at, See more of what Doug and his partner are doing on page five of this week's Chronicle, tetioo, the committee opened hearings on life in- surance by listening to a presentation from the Cana- dian Life Insurance Associa- tion in Toronto, on the dif- ferent aspects of the in- surance industry. While in Waterloo. the committee held meetings at the head offiices of four major insurance comapnies, Lutheran Life Insurance So- ciety, Dominion Life As- surance Co., Mutual Life'As- surance Co., and Equitable Life Insurance Co. dying the 350-page study prepared by William Palmer and his appointed commission. Any Waterloo recommendations approved by the committee of mayors will be included in a report to the provincial govern- ment, Some of the strong recom- mendations of the Waterloo response urged control of the hydro and police com- missions and Doon Pioneer Village be transferred by the Region of Waterloo Mayor Carroll emphasized that many 'of the problems surrounding the former po- lice chief, Syd Brown, could be traced back to the former commission, and that hav- ing total control by the Re- gion would eliminate the practice of provincial go- vernment choosing party basic purpose of the (Contmued on pas; 3) Wednesday, July 25, 1979 Before beginning the meeting on life insurance. the committee-made up of " MPP‘s--completed a three-year investigation of automobile and general in- surance. A hefty report was compiled, which recom- mended a number of chan- ges for the industry. my me to sub inbr- medoi on the operatioh of life insurance coupe-lee. we also di-irteattate practices that have been cri- ticized in the past. Each of the five com- panies also reported on spe- cific situations that are especially relevent to that company. Dominion Life Assurance, for example, re- ported on foreign office operations because that company operates success- ful offices in areas like the Bahamas, Jamaica and Ber- (Continued on page 5) To prepare for the meet- ings on the life ingurance bu- siness, company executives in Waterloo were asked to prepare reports detailing the general operation of their agencies. - Four-year-old Melissa Mandel of Waterloo seems to be having second thoughts about the long slide in the creative playground at St. Thomas Aquinas Separate School. James Briethaupt. MPP from Kitchener (left) chairs the select committee on company law. Waterloo MPP Herb Eppiright) isn't on the committee. but he attended some of the meetings held in his constituency at places like Domin- ion Life. where this photo was taken. ‘m M oo W s in: It's a long way down Waterloo, Ontario 15 Cents

Powered by / Alimenté par VITA Toolkit
Privacy Policy