Waterloo Public Library Digital Collections

Waterloo Chronicle (Waterloo, On1868), 6 Jun 1984, p. 1

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130th Your No. 23 Wednesday, June 6, 1984 c-tttteu-tttmo-s-oe-tttot-ttti-tteither-tttttent'" We for ttremtrp. New"? W.W f?t"fetftltttt FerttPtet, iiiiirGr En "raGriGoriG"iGiGd "Height; in Vim Saturdi y them ”its. toned bun bags, pitched pennies and hunt“ tor tteehqd Mn. Frank's running again SEE PAGE 3 THIS WEEK INSIDE Heading up the Challenge SEE PAGE 3 ”(MM The matter was head Friday by Mr. Justice Joseph Potts of the Ontario Supreme Court. who reserved his decision. Molodee Manlnuk Chronicle Staff University of Waterloo students are anxiously awaiting the outcome of their test case challenging what they say is the "discriminatory" practic t by landlords of changing pro- rated rent. University students have long protested the practice of charging pro-rated rent, whereby students must pay a year's rent in eight months. because it represents an "undue financial hard- ship" during the aca- demic year, when they are already struggling to pay school costs. The-case involves a 20-year-old UW accounting student, Barbara Boyd, who is taking her landlords, Earl and Jennie Lohn Ltd., to court on the grounds that charging the pro-rated rent violates the Canadian Charter of Rights and Freedoms and the Ontario Human Rights Code. According to Mitch Retterath of the stu- dent federation. re- search indicates that pro-rated rent is com- mon in the Twin Cities, where it is applied ex- clusively to university students. Boyd lives in Water- loo Towers at 137 Uni- versity Ave., Waterloo, which Retterath said was chosen for the test case because "the whole apartment build- ing is full of students and all are charged pro-rated rem." Landlords use the pro- rated rent clause in lease agreements as protection against stu- dents who sign 12- month agreements and leave town in the sum» mer after classes are completed, with four months left in the UW students battle pro-rated rent puractice Leul costs of the case are being paid out of a $4,000 fund raised by the UW federation of students. Contribut- ing to it are student unions hom UW. Trent University, University Landmark bites the dust - SEE PAGE 4 of Guelph. York Uni- versity. Lakehead Uni. varsity. New Uni- versity. Wiltrld Laurier University. Brock University. Fam shawe College, George Brown College and the UW Graduate Student Association. The UW campaign against pro-rated rent was launched in 1980 when students living in Waterloo Towers with, John Acheson. president of Dominion Life Assurance Company of Waterloo, announced Monday that Lincoln National Life Insurance Company of Fort Wayne. Indiana. intends to divest itself of its approximately 90% interest in Dominion Life and seek, through its investment banker. a suitable buyer for its shareholding. Acheson advised that Lincoln and Dominion are jointly committed to achieving three objectives in effecting the sale of Lincoln‘s holdings: C. D. Silietto, Executive Vice President of Lincoln National Corporation, indicated that the reasons for the sale of controlling interest in Dominion Life are that the Lincoln National sees a ioreittn-owned life insurance company in Canada disadvantaged. believes it can deploy its capital better elsewhere. and can repatriate at this time its substantial invest- ment in Dominion Life with reasonably favourable tax consequences. -i. Ensuring that control of Dominion Lite continues to be in hands of unquestionable in unity. -- - _ .. .. -ii. flaking every effort to find a suitable Canadian buyer. A - A _ - __ -V ‘3. Retaining the identity of Dominion Life, a company which has successfully operated for tts years. New owner sought taken to county court. where it was lound that the practice was legal: An appeal launched by the students was later dismissed by the Ontario Court of Ap- peal. and the case was shelved until the fall of 1982 when it was resur- rected by the student federation. held rental payments in protest, Renewal

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