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

PAGE 12 â€" â€"Tidâ€"biz Manutacturers Life has strong sales The Manufacturers Life Insurance Company annual report declares an increase of 37 per cent, or $3.6 billion in premium income over 1986. Earnings, however dropped to $70 mil lion from a record high in 1986 of $170 million. President and Chief Executive Officer Thomâ€" as. A. Di Giacomo told the company‘s annual general meeting on Feb. 18 that decreased profits could ber attributed to the investment environment and record sales growth. Founded in Canada in 1887, Manufacturers Life, with assets of more than $21.7 billion, ranks among the top 15 life insurance compaâ€" nies in North America. With active operations in 15 countries, the company is recognized as a major financial institution. Approximately 1 100 neople work for Manufacturers Life in 1,100 people Waterloo. Solid Growth at Equitable L!fe RE Aeaogt e snn Equitable Life of Canada had "another year of solid growth" according to the company‘s 1987 Annual Report, released Feb. 17. Preâ€" mium income increased 11 per cent over 1986, and total assets increased by the same percentâ€" age to over $500 million, according to the report. John Gilfoyle, the company‘s investment viceâ€"president notes in the report "votatile and uncertain financial markets were the ‘order of the day‘ in 1987...For 1988, continuing uncerâ€" tainty will dictate a cautious approach to investing the company‘s assets". us SiÂ¥) nennle work at the Waterloo head (‘);:;--2"06â€"i)eoplé work office of Equitable Life. Mutual assets increase in 1987 Mutual Life of Canada "faced a difficult economic, political and business environment in 1987," notes the company‘s Annual Report. "Although assets under â€" administration reached $14.0 billion by year enbd, compared to $11.7 billion the previous year, net income after taxes was $91.0 million, down slightly from $94.9 million in 1986. Dividends to policyholders were $136 million, up 17 per cent. The report identifies as problems escalating costs of the American health care system, the Oct. stock market collapse, and impending federal legislation to tax investment income. C TT CC af Canada employs 1,900 at its Food Fest ‘88 for munchies EOUET EN MOBICOO 00000 Mutual Life of Canada employs head offices in Waterloo. The annual consumers food jestIvaAi, 1 OUC Fest will be held April 8 to 10 this year at Bingeman Park. Participants will be able to munch their way through samples of popcorn, pasta, pepperoni, yogurt, chicken, baked beans, junk food and more. Representatives of marketing boards will be ETV * UX cmoctions _ and chefs will pAARRRR ARSH t Representatives of marketing boards will be on hand to answer questions , and chefs will demonstrate new uses for old products and simple ideas to use new products. Le Grande Chef Pierre (created by cartoonist Brian Fray) will host this year‘s show and be joined by other famous food characters such as the Hostess )é(eunchies, Campbell Soup Kids and Dare ars. WATERLOO CHRONICLE, WEDNESDAY MARCH 2, 1988 Show director Dale Wilcox 8a show will feature nutrition and more than past shows. For furthe call Wilcox at 886â€"9440. éonsurners food fes_tiAval. Food Dale Wilcox says this year rition and new products For further information, to Twin Cities The Confederation Club will be playing host to David Crombie, the Secretary of State of Canada when he addresses a lunchâ€"time audiâ€" ence on March 17. Crombie will speak about "Multiculturalismâ€" ...Being Canadian" at the Valhalla Inn. Call 745â€"0313 for information. seminar How will the Canadaâ€"U .0. PCX *"1""~."M 00 ment affect your business and your investâ€" ments? This is the topic of a seminar sponsored by Walwyn Stodgell Cochran Murray Limited on Monday March 21 at 7:30 pm in the Bingeman Park Ballroom. Guest speakers are John Reimer, Kitchener MP. and Karen Shoffner of the research department of Walwyn Stodgell Cochran Murâ€" ray Limited. Call 576â€"3340 for details. Stopping phone abuse ce es s es Tired of people using your home or business telephone for unauthorized long distance calls? Access Control Electronics has developed the "Telâ€"Sentry" for you. The phone set restrictor prevents people from making unauthorized calls. For more information, call 658â€"8919. AIESEC Awards wine and cheese A wine and cheese getâ€"together will be held by AIESEC WLU March 23 to present awards of acknowledgment to businesses, students and faculty who have assisted AIESEC at WLU. 1 . L > 4s conclaxe Hias han. REPREREEI T m M C The organization, which promotes ties beâ€" tween students and international commerce will hold the award ceremony at Willowells in Waterloo. Call Serena Lai at 884â€"1970 ext. 2626. Do you have information about a new business, a new product line, a seminar, workshop, important new service or promâ€" otion that should be shared with Waterloo business and the community? The Chroniâ€" cle wants to hear from you. Drop off information for Tid Biz at the Chronicle offices during regular business hours or mail in items to business reporter lan Kirkby. (Computer will the Canadaâ€"U.S. Free Trade agreeâ€" 3 hicus C tvncg. t ;ggipes TRAV 2022 lizw J EL‘ mmwm‘wm.mm K3 Need to get away from it all & have tried several agencies W T 0 0 DL amhat uAil want? DTOD m and Need to get adwoy "~"" _ "") "" Larvain. only to learn you cannot get what you want? Drop in and meet our efficient and courteous staff at Grand Escapes. We will set up your hotel reservations, ticketing, arran . C lF un 2Laalifhs uaiir hnlidGay DlanS goe} We wili Selup yOV) ""2 °000 70 Siihe vimur P i for car rentals, etc. We‘ll simplify your holiday plans. For all those added touches when booking your vacation look Good Travel Agents Eliminate Headaches EASTER 45 SPECIAL LOSE 25 LBS. WB‘ W R wA Nancy lost 28 lbs. and 25‘_/4 inches. Expressway I‘---â€", MEEIT CCE EWOs Not just A DIET PLAN, our registered nurses Teach Nutrition for Permanent Weight Reduction and for Better Health. Bridge St ua“ W"l'“'l‘ n". wÂ¥ .’ nOWwEP® CC CY! Visa & MasterCard â€" Open 8 a.m. to 7 p.m. â€" Mondayâ€"Friday Belmont |"§HM®® ‘ Weight |,{E%. Reductionl__â€"* 690 Belmont Ave. W., Kitchener Ask our Lifetime Members. pppppaaaaaaaam : Nancy Smith ;lp to 5 lIbs. week by .: Mon.â€"Fri. 9â€"6; Sat. 10â€"2 Call us now 747â€"1161 Joining the Beimont YYOW!" Reduction program was | the WISEST decision I‘ve made in years! The daily weighâ€"in and the uunnort _ from _ the _ registered nurses made my "‘m e quick, easy and enjoyable! The exceilent nutritional counselling and ssgmoanco made my SUCâ€" CESS possible! it feels wonderful to be in CONâ€" trol of the foods instead of foods in control of me. | look slim! I have a better sel! image! I have much more energy‘ 1 feel fantastic! Kitchener, Ontario SCC 1 RECOMMEND the Belmon! ‘‘Thank you FREE 747â€"1161 ‘" to the