Quality of Work Life programs gain traction in Canada
Canada moves toward QWL with small self managing units and flat hierarchies. Major gains cited include government funding and union partnerships with firms like Shell Canada and Miracle Food Mart. Workers gain voice in budgets and scheduling while productivity improves.
MENTIONED IN THIS ARTICLE
Douglas Yonson
Financial Times
Ottawa
Canada
Eric Trist
York University
QWL Systems
QWL
Steinberg Inc
Shell Canada Ltd
Petrosar Ltd
Bob Redford
The
Personnel Association of Toronto
Mary Eady
Canadian Labour Congress
Eady
Miracle
Stu Sullivan
Energy and Chemical Workers Union
Leith Instruments Turns Losses Into Profit Despite Sales Drop
Leigh Instruments Ltd reports a fiscal 1981 profit of 1.3 million on an 8.7 percent sales decline, driven by a new management team after a 1979 shareholder revolt. The firm cut unprofitable lines, consolidated operations in Waterloo, shed 400 jobs, and reduced the Syracuse unit to a marketing outlet while pursuing a Libyan police surveillance contract and a Petro-Canada venture.
MENTIONED IN THIS ARTICLE
Financial Times
Ottawa
Leith Instruments Ltd
Leigh
Libya
John Shepherd
Shepherd
Kenneth Gibson
Mitel Corp
Waterloo
Petro- Canada
Calgary
Viatec Resource Systems Inc
Sheperd
Bay Street
Roland Jones
Pitfield Mackay Ross Ltd
Budget shifts threaten Canada’s charitable foundations
A federal budget provision would require charitable foundations to include capital gains in their income and donate 90 percent of gains, potentially starving foundations over time. Foundation leaders warned the change could wipe out many foundations due to inflation, while federal tax officials argued gains help fund larger charity donations.
MENTIONED IN THIS ARTICLE
Toronto
Canada
Derek Price
J W. McConnell
Art Bond
Physician Services Inc Foundation
Hodgson
Dreaming Real Estate Mogul Looks at 1927 Dream Comeback
Chicago businessman Seymour Persky rehabilitates old rental buildings and carries about 40 properties through Parliament Enterprises Ltd. He recalls buying 15 000 calendars for 1927 and believes Canadian style variable rate mortgages could spread, while noting high current rates and the pain of carrying antique debt. He doubts a quick rate drop, favors inflation over recession, and speaks of a life shaped by encounters with lenders and a tough business ethic.
MENTIONED IN THIS ARTICLE
Edwin Darby
Chicago Sun-Times
Field News Service
Seymour H. Persky
Chicago
Persky
S.O.B
Parliament Enterprises Ltd
United States
Savings and Loan
Tattersall Leads Boton Tremblay Funds Against Market Timing
Robert Tattersall, new manager of Boton Tremblay Inc funds, rejects market timing and closet indexing. He seeks undervalued stocks, including foreign holdings in RRSP funds, with Tata’s portfolio mixing banks and abroad positions such as Hitachi Ltd. He notes four funds show mixed results over 12 months while highlighting a shared strategy with adviser Russell Morrison.
MENTIONED IN THIS ARTICLE
Steven Kelman
Financial Times
Toronto
Robert Tattersall
Boton, Tremblay Inc
Tattersall
Confederation Life Insurance Co
United States
Canada
Hitachi Ltd
Japan
Taurus Fund Ltd
Bolton, Tremblay International Fund
Bolton, Tremblay
Planned Resources Ltd
Bolton
Tremblay
Bob Krembil
Toronto Investment
Russell Morrison
Morrison
Tattersall and
Tattersall’s
Selecting accountant as a supplier for your business
Graham Cunningham argues owner managers should view accountants as suppliers. Define service specifications, compare firms, secure cost estimates, and demand clear delivery dates. Hire after two firms, ensure senior tax specialists and staff quality, and insist on a written bill and full service range.
MENTIONED IN THIS ARTICLE
Toront
Hasson
Also Mentioned on This Page
Department of Labor
Ontario
Europe
Aluminium Co. of Canada Ltd
Canadian General Electric Co. Ltd
Miracle Food Mart
Janine Kitchen
Ontario Owl Centre
Ontario Centre
Steinberg
United Food and Commercial
Shell Canada
Sarnia
Ont
Sullivan
Shell
By Fred Lebolt
Syracuse
Roe
Delores Davie
John Hodgson
Canadian Centre For Philanthropy
Graham Cunningham
Chartered Accountants of Ontario
G. G
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