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| THE OSHAWA TIMES, Wednesdey, Aprh 12, 1967 13 Government Negotiating For Housing, Randall Says | TORONTO (CP) -- Stanley |Randall, minister of economics jand development, said Tuesday jthe Ontario government is ne- {gotiating for 4,283 building lots |to help ease the housing short- jage in Metropolitan Toronto. _ | Because of high land costs in Metro, the lots would be used jfor multiple-family or condo- : * \minium type dwellings, he told P ll 'a ENDS GM CAREER George Durno began and piston fs a crest of a 1926 ended his career at GM on Chevrolet car and a 1967 a note of piston trouble. He Buick. Mr, Durno was also received two piston book- presented a cheque for air ends at a recent retirement fare to his native Scotland party "to remind him of and will leave at the end of the little bit of piston May. The donation was trouble in 1926 when he made by local and Ameri- joined GM and again this can car and tire compan- year, the year he is leav- jes. The book-ends were ing.'"' Mr. Durno worked in made by Dyson Brooks of the service engineering de- the product service depart- partment for most of his 38 ment. years at GM. Behind the House Favors Regulations For Company Standards TORONTO (CP)--Provincial; He said the corporation law Secretary Robert Welch said|plus the regulations will set a the legislature. None of the lots' assembled and serviced under the government's home owner- ship made easy--HOME--plan would be leased or sold for sin- \gle-family homes. that to complete a housing | No lots have been purchased| complained since the HOME plan was an- years nounced in January. At time, the government had 6,000 Owen Sound. 000. xeorge Kerr (PC -- Halton) lots throughout Ontario, pee ney ee van cy ps x couldn re- chased at a total cost of $6,000,-)) 10g to the builder or pur- Earlier in the day, Mr. Ran- chaser after a home was com- dall received advice on how to pleted. ease the housing shortage from Jj Ff, Edwards (PC--Perth) members of all three parties. said municipalities would view ' "more favorably" the construc- jcur TAPE tion of homes for senior citizens | Cut government red tape and if such homes paid the same linstitute planning, said Eddie amount of local taxes as home 'Sargent (L--Grey North), who owners. George Bukator (L--Niagara Falls), a real estate broker, id the government should en- Randall said the government is Ford Of Canada Announces i*':"= "sitet | hcebigge | in any a ee Car Assembly Plant Close i212. OAKVILLE (CP) -- Ford of|U.S. {Canada announced Tuesday} that the company's car - as- sembly plant here will be shut down today until further notice Stock shortages resulting from the labor dispute in the truck- jing industry in the United States didn't plan to get involved with shutdown would cut off "ailer homes because they it took four that |project for elderly persons in| car parts j;can't qualify for National Hous- : ing Act mortgages. | grape eh id h| He said he would like to see le spokesman said enough) ine federal and provincial sales mart A Division of the S. S$. Kresge Compony Limited Operated by G. Tamblyn Ltd, Telephone 728-5651 KyR rs WAL EAT ALL Bay witwolt CVFASE AnD PRLVECTS Dtertery Firm parts have been located to con- tinue production for at least the y. Further statements would be |was given as the cause. made on a day-to-day basis, he | A company statement said said. 3,936 hourly - rated employees) In Hamilton, Claude C. Bran- will be involved. lnan, president of International The company's truck plant,|Harvester Co. of Canada, said jclosed Tuesday because of stock|the U.S. shutdown may. affect |shortages, was scheduled to re-employment there and in isume production today. The|Chatham by the end of thelf | one-day shutdown involved 1,711) week. employees and caused a loss of} Operations in. Chath am,/ \production of 450 trucks. where 1,200 are employed, and} At Windsor, a spokesman for|in Hamilton, where the com-| Chrysler Canada Ltd. said Tues-|pany has 3,600 employees, will | day production will be normal |be on a "'day-to-day" basis, Mr. | today, despite concern that the Brannan said in an interview. |g faxes on building materials re- moved at the same time. However, he has not recom- mended that the provincial) sales tax be removed because} this would lead to similar de-| taands from other industries. Where would you draw the) line? | A. E. JOHNSON, 0.D. OPTOMETRIST 142 King St. East 723-2721 Tuesday the cabinet has ap- proved regulations under cor- poration laws passed last year which will require "an exceed- ingly high standard of dis- closure' by public companies incorporated in Ontario. Mr. Welch told the legislature the regulations, now being pub- lished, are virtually identical to new regulations under the Se- curities Act which require dis- Standard of disclosure 'higher than that required by any other jurisdiction in Canada and, I understand, the world." They require that all public companies make an _ annual solicitation for proxies which will include the provision of de- tailed financial statements and an outline of matters that will be voted upon at the annual meeting. Control # HAIR SPRAY PERE LADY PATRICIA HAIR SPRAY Holds hair gently and firmly In placel 20% more free. 12 ox. size uae OS FAS MOHAN REY t VITALIS - HAIR * DRESSING 7 ox 89c SALOTYN A.S.A. 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GILLETTE RIGHT * GUARD DEODORANT 11 59c age closure by companies incor- porated outside Ontario which Shareholders are also to be do business in the province or given extensive information on are listed on the Toronto Stock|the stewardship of the com- Exchange. panies': officers and directors. : | Mr, Welch said the regula- tions "provide the form in Government Bill |which insiders of companies in- » \corporated in Ontario shall -re- For Niagara Park ior my trading in. te TORONTO (CP)--A govern-| securities of their company." ment bill introduced in the leg- islature Tuesday will make|made by June 10. the Niagara Parks Commission| -------- responsible to a minister de- signed by the cabinet. | The bill, an amendment to the Niagara Parks Act, also provides for commission mem-} bers to be paid amounts set by | the cabinet. At present, they | NEED FUEL OIL ? 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