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PAGE FIGHT CANADIAN Record Payroll in 1948 The number employed at Barrie Works has Growth Continues By the end of I948 we had spent over shown steady increase each year since we three quarters of million dollars in commenced operation in the Fall of l946 establishing and expanding ourBarrie Our Barrie payroll last year reached the plant During last year we tooled up record figure of MI 6000 We have contin ued to applyour declared policy of paying Polisher which we believe will quickly become leader in the field This is now in production equal to or higher than the average for com parable work in this community And high Already we are tooling for other new products which will be reported on at later date wages and increasing mployment at CGE contribute to the allround prosperity of Bdrrie resents neighbours in Barrie Throughout the past year under difcult sapply Conditions we manufacturing andto Our energy in selling lll BARF11 IIIX1121ER RAFT OIJTARIO CANADA forthe manufacture of domestic Floor Because we believe that the operations of the Company are inter esting toall Who live andwork inrthis community we are presenting our human balance sheet an informal report to our maintained high production The result Iofthiswasalrecord payrollgw Barrie Worksof over $4000007compared to $330000 in 1947 Today situation exists Ivvhichis both stimulating and chalking inIg For some of our produCts there is great and inereasing demand Fer othersethe products in Ifree supplya healthy com petitive market presents grdwing challenge to our efciency in Theidemand =forjthe output of our BarrieIWorksthe great quantity of domestic electric appliances that are used in Canadian Head Olce Toronto Sales Ofce from quiet in mummiw Job Dividends for Employees at Barrie Works At Canadian General ElectrieCompanyretirement pensions have been in effect for many years When eligibleemployees reach retirement age at Barrie Works they receive pension for the rest of their lives Pensions are paid from trust fund financed entirely by the Company which cannot be used for any other purpose The Pension fund now stands at over $6000000 of which $1200000 was added in 1948 In addition to retirement pensions employees benefit from further iob dividends in the form of life insurance paid statutory holidays and vacations Asuggestion system gives employees continual opportunity to earn extra dollars by submitting ideas which will increase safety improve methods or IOWer costs ELECTRIC progressrerortotihe Cmpunys at The Companys Part In Civlc Affairs The sum now being paid each yeai in municipal taxes by Canadian General Electric Company is going far towards meeting the costs of services and civic im provements in this town In the same way the substan tial Dominion income tax payments which the Company makes have contributed to Canadas social security measures Perhaps better indication of the interest in the civic and community life of this town are the contributions the employees and the Company are now making each year to Barrie welfare organizations it homes from Ceast to Coastis tribute to the employees who continue ftomake what are we belieiIe the best products at the lowest possible pricea fulllment of the Companys policy to produce more goods for more people at less cost tinuing groIWth is assured CANADIANGENERAL ELECTRICHCOMIANY LIMIIIED Coast to coast mwnsnci BarrieWorks is now Operating Ion Ia far heavier schedule than was originally deemed possible The original plans visualized the employment of approximately 100 peeple ty there are 248 on the payroll are condent thatwith the whltlehearted cooperation andloyalty of the Iemployees at BarrieWorksa con Maiiager Barrie Works tivities