The Company will contribute the sum of 12 million dollars into the insurance protection of all hourly rated of the Ontario Division. This is an increase over last year of 18 per cent. There will be no changes in the Company's term life insurance policy in the Ontario Division due to the premium payments. There will be no change in the premium payments on the Company's term life insurance policy in the Toronto Division due to the term life insurance premium being payable for one year from August 23, 1971, instead of the current one-year premium payment period. Company President and CEO R.D. McNaught.
August 3, 1971, TOBY MOSAIC
Canada's Chief Economic Adviser
September 23, 1971, In Toronto, Ontario, the Toronto District Office will have an increased budget of 2.7 million dollars from this year to 1972. The Toronto Office at this Time is supported by 1,150 employees. The increase from previous years is 7.3 per cent. The budget increased from 1.8 million to 2.9 million in 1970 due to increases in the number of overtime shifts, the cost of insurance, depreciation and the addition of new offices.
September 23, 1971, TOBY MOSAIC
Canada's Chief Economic Adviser
September 16, 1971, Canada's Economic and Business Review is to be published for the third consecutive year and features a chapter by Canada's Chief Economic Adviser in the October issue. The publication, scheduled for November 12 will feature, among other contributors, a chapter by Canada's Chief Economic Adviser.
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NUMBER 5 I E j 0 i — Page 2 INTO TRIANGLE AUGUST 1971 In Ontario Division Alone $40-Million a Year Paid By Into for Benefits to Hourly-Rated Employees Commencing August 23 International Nickel will
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