Ontario Community Newspapers

Terrace Bay News, 8 Oct 1970, p. 1

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== MR, E, PERSS - BOX 375 ~ TERRACE B/Y Vol. 13 No. 41 Serving Th e District October 8, 1970 "minimum wage in Canada if those in other provinces in establishing a minimum wage is to give workers in the province who are receiving below the new Act administered by the department's Employment MINIMUM RATES AND EMPLOYMENT STANDARD CHANGES A minimum wage of $1.50 became effective in Ontario October 1st which reaches parity with the Federal Government's minimum wage when it in- creases to $1.65 April 1, 1971. . At that time, it will be the highest provincial remain at present or indicated levels: Alberta raised its rate to $1.55 October Ist while British Columbia and Manitoba moved to $1.50 on the same date . : The rate in the construction industry in Ontario increased to $1.75 on October Ist and will be in- creased to $1.90 on April 1, 1971. i The general minimum rate of $1.30 became effect- ive on January 1, 1969. The construction minimum rate at that time was $1.55. Labour Minister Dalton Bales said that the puipose Whose bargaining power is limited protection against exploitation. At the same time, it will set a basic standard for a number of industries and in this way guard against unfair competition. Although precise figures on the number of workers minimum wage of $1.50 are unavailable, it is estimated that nearly 200,000 will be affected by the increase . Je "Several amendments to the Employment Standards Standards Branch, was also effective on October Ist. : The Act provides protection to employees who are in effect working for one company, partnership or proprietorship to assure that the employee re- CANADA SAVINGS BONDS 25TH ANNIVERSARY This year marks the 25th anniversary of Canada Savings Bonds and since the first campaign in 1946, Canadians have purchased nearly $30-bill- ion worth of the bonds. Last year alone, for example, nearly 2 1/2 million people bought $4.9 billion worth of Canada Savings Bonds. As a means of recognizing the silver anniver= - sary of Canada Savings Bonds, the symbol of a tree embodying growth, strength and security, is being used as the central theme in this year's advertising campaign . The advertising material shows a towering con= ifer with the following copy printed on it: " An investment that grows and grows ... Can- ada Savings Bond ... Good today ... Better tomorrow. " % : As in past years Canada Savings Bonds will be sold through chartered banks, investment dealers, stock brokers and trust and loan companies across the country, as well as through the Payroll Savings Plan. : * Under the latter system last year, there were 647,000 payroll applications for Canada Sav= ings Bonds totalling a record $288-million. The new Series will go on sale October 5th and will be available to the public at par until November 13th. An automobile is twice as likely fo get into an accident as a truck, says the Ontario Safety League. Figures show that in the U.S. autos are involved in a crash every 37,000 miles and trucks every 70,000 miles of travel. cont'd page 14 .........

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