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Business baron with a difference: Sebastian de Ferranti says government intervention in business is necessary when the scramble for profits results in decisions based on short-term expediency.
Business baron with a difference: Sebastian de Ferranti says government intervention in business is necessary when the scramble for profits results in decisions based on short-term expediency.

Business baron with a difference: Sebastian de Ferranti says government intervention in business is necessary when the scramble for profits results in decisions based on short-term expediency.

Date10/7/1979
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ProvenanceFrom the Toronto Star Archives
CollectionToronto Star Photograph Archive
Usage Rights Copyright (Learn More)
Copyright HolderToronto Star (Firm)
Call Number / Accession NumberTSPA_0126547F
Rewarding choice: By cutting back its Canadian operations Time Canada may have forfeited its tax-deductibility, but final result shows booming profits, says president Hugh Findlay.
Rewarding choice: By cutting back its Canadian operations Time Canada may have forfeited its tax-deductibility, but final result shows booming profits, says president Hugh Findlay.
10/17/1979
Making money: With five successive quarters of profits, senior vice-president Kenneth Dawson, abovem says 1983 represents the turning point in the short but tumultuous history of the National Bank.
Making money: With five successive quarters of profits, senior vice-president Kenneth Dawson, abovem says 1983 represents the turning point in the short but tumultuous history of the National Bank.
12/26/1983
John A. Sawyer. Canadian businessmen are reasonably optimistic about the economy next year, a University of Toronto forum was told yesterday. Two economists, Douglas Peters, of the Toronto-Dominion Bank, and John A. Sawyer, of the U of T School of Business, saw a strong economic recovery. Jerry McAfee, president of Gulf Oil Canada, predicted an increase in natural gas and oil sales, and J.S. Dewar, president of Union Carbide Canada saw modest profits in chemicals.
John A. Sawyer. Canadian businessmen are reasonably optimistic about the economy next year, a University of Toronto forum was told yesterday. Two economists, Douglas Peters, of the Toronto-Dominion Bank, and John A. Sawyer, of the U of T School of Business, saw a strong economic recovery. Jerry McAfee, president of Gulf Oil Canada, predicted an increase in natural gas and oil sales, and J.S. Dewar, president of Union Carbide Canada saw modest profits in chemicals.
12/9/1970
Inform the public: David Clark, president of Thomas J. Lipton Ltd., middle, believes business should explain why it needs large profits.
Inform the public: David Clark, president of Thomas J. Lipton Ltd., middle, believes business should explain why it needs large profits.
4/15/1981
Bargain rates: Samuel Bresler's Budget Car Rentals may lead the business in Toronto but he is worried about stiff competition which he claims is squeezing profits.
Bargain rates: Samuel Bresler's Budget Car Rentals may lead the business in Toronto but he is worried about stiff competition which he claims is squeezing profits.
7/8/1981
Professor Jacob Ziegel says Ottawa's efforts to placate business could encourage the very results it seeks to avoid
Professor Jacob Ziegel says Ottawa's efforts to placate business could encourage the very results it seeks to avoid
6/8/1973
MacDonald: If profits hadn't been exported, Subbury wouldn't be suffering, says union leader
MacDonald: If profits hadn't been exported, Subbury wouldn't be suffering, says union leader
6/4/1982
James D. Robinson III, chairman of New York based American Express Co., pictured at the Toronto Stock Exchange where his company's shares were listed for the first time yesterday. The firm is currently facing a challenge to its domination of the travellers' cheque market from Visa and Master Charge, whose credit cards dominate the international bank card scene. Master Charge hopes to be in the business by next May and Visa will make a decision shortly.
James D. Robinson III, chairman of New York based American Express Co., pictured at the Toronto Stock Exchange where his company's shares were listed for the first time yesterday. The firm is currently facing a challenge to its domination of the travellers' cheque market from Visa and Master Charge, whose credit cards dominate the international bank card scene. Master Charge hopes to be in the business by next May and Visa will make a decision shortly.
9/18/1978
W. H. Thornburn, chairman of the Toronto Stock Exchange board of governors, sees a small revival of confidence by Canadian investors, but much less than I had expected by this time. He forecasts continued sluggishness in trading until corporate earnings improve. Thornburn thinks there could be new speculation in oil and gas stocks when results of winter drilling become available. Cost-cutting and other controls have prepared brokers for any new storms, he says.
W. H. Thornburn, chairman of the Toronto Stock Exchange board of governors, sees a small revival of confidence by Canadian investors, but much less than I had expected by this time. He forecasts continued sluggishness in trading until corporate earnings improve. Thornburn thinks there could be new speculation in oil and gas stocks when results of winter drilling become available. Cost-cutting and other controls have prepared brokers for any new storms, he says.
12/31/1970
Advertising critic: The pharmaceutical industry is a business designed to secure a profit, says Dr. Eric Letovsky, in pointing out the potential dangers in Madison Avenue-style drug advertising.
Advertising critic: The pharmaceutical industry is a business designed to secure a profit, says Dr. Eric Letovsky, in pointing out the potential dangers in Madison Avenue-style drug advertising.
11/12/1980
Business booming: Allan Cohen of Grant's Jewellers on Church St. with some of the items that he has bought recently. One man brought in an exquisite emerald he'd paid $34,000 (U.S.) for 2 1/2 years ago. Cohen bought it - for a third of that. I'm looking for a 10 to 15 per cent profit on the stone, Cohen says.
Business booming: Allan Cohen of Grant's Jewellers on Church St. with some of the items that he has bought recently. One man brought in an exquisite emerald he'd paid $34,000 (U.S.) for 2 1/2 years ago. Cohen bought it - for a third of that. I'm looking for a 10 to 15 per cent profit on the stone, Cohen says.
9/16/1982
Scotty Dunbar, a guard at Canadian Tire's Brampton warehouse, says the company's profit-sharing plan has given him incomparable security for his old age. Dunbar, 49, has used his equity in Canadian Tire shares to pay off his mortgage and start a business that later failed. He still has more than $120,000 left. He hopes to retire in few years.
Scotty Dunbar, a guard at Canadian Tire's Brampton warehouse, says the company's profit-sharing plan has given him incomparable security for his old age. Dunbar, 49, has used his equity in Canadian Tire shares to pay off his mortgage and start a business that later failed. He still has more than $120,000 left. He hopes to retire in few years.
6/18/1975