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Canada's current $300 billion-plus federal deficit "mortgages the fu- ture - if not yours, then that of your kids," he told a lecture theatre jammed with close to 300 business students, for his talk sponsored by the student-run WLU Marketing As- sociation. "Do you know who uses more silicon chips than anybody? General Motors, Ford and Chrysler, in that order. Today, you’ll find from one to seven computers in every car. if all the cars come in by boat, they'll not only bring the steel, the glass; and the tires with them, they'll bring the chips with them, too. "Right now, Canada's principal exports to Japan are wood, wheat _and coal. Now look at what we import from them - ears, trucks, motorcycles, calculators and watches. The pattern between the U.S. and Japan is the same. "Go ask the people in Sudbury, or Hamilton, or Sault Ste. Marie what happens to the drive-in hamburger business when the mills shut down." he said. M.J. (Moe) (floss, president of Chrysler Canada Ltd, warned mar- keting students at Wilfrid Laurier University last week that Canada is losing its industrial base, becoming a trading colony and sliding into a sea of red ink. "Neither Canada nor the United States can cut it as a nation on high-tech and services alone _ on sacks full of silicon chips and miles of fast food outlets," he said. “If Smokestack America, as it's called, goes down the tube. the centre of the economy disappears." Need more than silicon chips Other Executives are Hugh Koebei (Mutual Lite), Vice-President; Bill Jessop (Dominion Life), Secretary-Treasurer; and committee members Dave Embury (Prudential) and Patti Scherer (Dominion Life). Over three hundred local FLMl‘s, repre- senting IO companies, belong to the Waterloo Society. These members were awarded the internationally recognized FLMI designation upon successful completion of the FLMI education program. Course requirements inolude nine examinations covering principles of life insurance and functional areas of life The FLMI Society of Waterloo, founded in 1961, promotes professional management and operations in the life insurance industry, Meetings are held regularly to foster continu- ing education and sharing of ideas, "What we are doing is shipping Ute Insurance Society elects new executive Ron Kornk of Equitable Life Insurance Company has been elected was president of the FLMI (Fellow, Life Management lnsti lute) Society of Waterloo. Past President is Bill Fallows of Prudential Assurance "Com pany Limited, Kitchener. You are probably eligible if you are: e reasonably well physically and emotionally e not pregnant or breast feeding 0 20-50 pounds overweight o in the K-W telephone exchange area . not involved in another weight control program 0 willing to participate in a research program . willing to be available tor long term follow up . " years of age or over There is no charge for the program. A fully refundable $42 deposit is required. For further information without obligation, F at... can coo-4021 WEIGHT CONTROL PROGRAM Fifteen weekly lessons by mail Weight Control Research Project University of Waterloo Tid-biz 'mtt_etaetttemxt-mtttretr.r My " mm. out our natural resources and food, stuffs in order to buy imported manufactured goods. Does that sound familiar? Hell..that used to be the definition of a colony." Closs also said the North Ameri- can car industry is now on the rebound from its bad years which saw Chrysler come near collapse. He called the Chrysler turnaround one of the most remarkable success stories in business history, as it came back from the ropes to pay off its US federal loans seven years ahead of schedule, generating $311 million profit for the taxpayer. The company didn't have to use “its Canadian loan assurances at all. A major reason for the success? The company's totally new lines of fast-selling front-wheel drive vehi- cles, including the totally new Ma- gicWagon built in Winds0r's state- of-the-industry factory, "Even though we've built better than a quarter million of them, we still can't turn them out fast enough." Closs said the company dazzled the financial world when it reported an all-time record $701 million earnings for l983, matched by re- cord $118 millions earnings for Chrysler Canada. Since then it has set more records _ first-quarter earnings of $706 million for the U.S. company - more than Chrysler had ever earned even in a full-year in its history. The turnaround saved 600,000 jobs in the US. and another 40,000 in Canada. "Not bad for a broken-down little car company in Detroit and Windsor a lot of people had written off a couple of years ago." he said. New FLMl's are encouraged to join this group and the Waterloo Society welcomes approximately 25 members each year. company operations and management The local Toastmasters clubs within the Golden Triangle region have elected their 1985 Area Council. Headed by Area Governor Glenn Maidment. they are: Tom Costigane of Guelph, Adam Grosser and Jim McCabe of Cambridge, Madeline Dinyer and Peter Sau- cier of Elmira, Barbara Burechails, Loren Pellowe and Bill Brown of Waterloo, Blair Tomlinson, Brenda Meunier, Janice Bock and Gina Cappa of Kitchener, and Bob Witney of Elora. Toastmasters is an international organizer tion of more than one million strong, dedicat- ed to helping its members improve their self-confidence and leadership abilities by developing communication skills in an educa- tional yet fun atmosphere. There are now seven clubs within the region, call Community Information Services for the one nearest you. Toastmasters elect council Walk a block a (by Il's the “Isl slop Waterloo Town Square NEW CAR SHOW Meeting the Challenge Until Sat. February 2, 1985 REALFSI‘ATESERVICESISI‘D. Gary Schnarr, Broker-President, and Wayne Lima, Sales Representative / Vice-President, are pleased to announce the opening of their new company, Schnarr Real Estate Services Ltd. Gary brings with him 14 years of real estate, appraisal and managerial experience, most recently as a Vice-President of a major. local real estate company. Both he and Wayne are lifelong residents of the area. “Our new company is dedicated to meeting the challenge of today's ever-changing real estate . _ marketplace. As members of the Kitchener-Waterloo 0 Real Estate Board, the Ontario Real Estate Assoc., and ‘ -, '?....N.,.t. " the Canadian Real Estate Assoc., Schnarr Real Estate 5'5"" _ "ii9. Services is pledged to provide you with competent. 'iLas ", .. .v professional service. However, we strongly believe that . “3‘ W»- " p our clients deserve more than Just efficient service _ . . illRgll w Li: 'su. i':ji?ill,iB. they deserve sincere, personal attention as they strive lrIiirk1:,,',jir:" "rf; to make an important decision." Fifi'::')"" I '2cii"u"d" It is this special attention that sets Schnarr Real Estate . Services apart. All of the firms salespeople are committed to work full-time to till your needs. At Schnarr Real Estate Services they have a genuine 62R; SSHNyq'R' concern for their clients, and a true desire to serve you . ' er rest en . . put their expertise to work . . . call Schnarr Real r'-'"-'"--'"'"""""""""-'"""'"""'- Estate Services today! Beechwood Centre, Waterloo 450 Erb St. West (corner Erb and F ischer-Hallman) tha" a hurt [only ‘5fi5‘ tt _iliitj.f.,lri" " gwwg Ultra' trr2iii Ti4i'ssrit' rg'i'i_i8Ci"'jf.'t orsst.j_-_,t_i',".".',o,'5'r,,ii_'"u' 'rWtfS0AttlVERttSE. . .ADtfERrtSE tqttEREtrWNS... D332] Sun.. Mon., Wed.. 4 p.m.-1a.m. Sun Tues., 11 a.m.-1 a.m. Thurs.. 4 p.m.-2 a.m. Fri Fn. 8. Sat.. A p.m.-3 a.m. WAYERLOO CW. WEDNESDAY, JANUARY 30. "tttr - PAGE It 1 COUPON PER ORDER Not valid on any current specials 32 OFF 'l OFF 321 Weber N. 150 Urttverslty Ave. W. _ Waterloo (comer University ' Phillip) Open Tuesday thru Saturday - 885-0080 Offer good until February 28/85 _ LARRY’S BEAUTY SALON aEja2iETlE 884- 1 550 Please advnse when usmg coupon tor delivery Offer expires Jari. 31/85 LtcrtrTi1 ANY LARGE PIZZA OR ANY MEDIUM PIZZA un., Tues.. Wed. & Thurs.. 4 p.m.-midnight Fri. 8. Sat., 4 p.m.-3 a.m. Closed Mondays 4;i'ii1lab_'_, \1? 355 Erb W. 885-4760 Sales Representative / Vice-President as '.i'i: TP,',' g 71m WAYNE LIMA iitii))