TORONTO (UPC) - Canada’s historic economic advantage ‘in’ the’ resource sector is disappearing and a new vision of the national economy is needed to meet the challenges of the future, says Imasco Ltd. chairman PaulPare. -

Pare told a Canadian Club luncheon that Canada was moving into a. “fun- damentally different” economic era requiring a “major transition” of the economy.

“We have no choice but to become more diversified, less resource dependent, more globally oriented, more competitive and: less protectionist,” he said.

Pare said Canada must make a “unique commitment to productivity” which will require that government, business and labor cooperate to identify and overcome obstacles.

Those obstacles, he said, were found in government and management policies as well as collective

agreements.

Government has a critical role to play in the restructuring of the Canadian economy, he said, by creating a “calmer, more confident climate” and ending inter-governmental competition.

He said governments must also abandon legislation which inhibits productivity and protects § inefficient operations. Business is most productive when left in the competitive world of free enterprise, he said.

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(UPC) - A consensus formed of long - negotiations will be needed: before pension reforms to

OTTAWA

improve coverage. .for women, make plans portable and index benefits can be - implemented, -says Finance Minister Marc Lalonde. Lalonde and Health —

Pension forms termedi innocuous.

“housewives. - oe : “The” small refornis the -

continue.”

“The discussion paper © rejected, ‘suggestions. calling.

for:-the-

pension benefits

paper does propose in both © the Canada Pension. Plan.and .

‘private. plans “are. non: _—

controversial and have been generally accepted by all of the interest groups who have

Minister. “Monique - Begin** been involved ‘in the reform.

released a. government _ paper, “Better. Pensions. for Canadians”, on verhaul of the pension ‘system. 7

Lalondé | said~=business..

probably . cannot. afford “to : ‘adopt the reforms, which - ' coulgcost~as~ much” as $2-

billion‘a. year,. under current | economic circumstances. _

However, - he. said the economy. will. probably recover befdre an: -ac- ceptable package can be negotiated with the- province. —

Lalonde said there will

Vé to be a national con- sensus before reforms are introduced because pensions are largely under provincial control.

Conservative “MP Vince Dantzer said. the paper was a disappointment, | bland and innocuous... ~

“While the. paper -does address. the- many issues regarding . women = and pensions it doesn’t offer any solutions,” Dantzer said.

Women are for the most part left outside existing pensions schemes and this paper allows « that . situation to

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Lalonde -told - a -news 3 aa

“conference,* however,. that “the’ proposals feflected the - “néed for some‘of:'the most _ Significant changes ever in “social policy. _.

The proposals touched on

- ‘employer sponsored pension copy plans, especially concerning —. protection against inflation.

The paper ‘ suggested

reducing minimum con-

tributions necessary to receive benefits and boosting protection for

The committee ‘will be, asked “to look into survi

Spouses whose partners die.

before age 65.

Lalonde said the proposals — were being brought forward now because it would take a long proposals could be tran- sformed into legislation.

A special parliamentary

committee will be created to

hold. hearings . across the country and report its fin- dings by the end of 1983.

viVOr He t and the splitting of pension credits to either spouse on separation, retirement,

disability or death.

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