Document q3EQDRBjwY8e459V56XB7VNZj

' * 0 - ^hannun-Kcrnnghan OfTlcinl Reporter ^Quebec Asbestos Mining Association J*0 CSANDE-AUil ESI -- sum J*0 cc: C. B. Burnett - GHQ D. T. Crltcr. - GHQ J. R. M. Hutcheson J. 0. Kby . > X"' Mr. K.V. Linde 11'' ` Mr. U.!U. Cughtred Mr. F.P. Smi th flr. R. J. Merrill Mr. J.A. flain flr. fl.J. Messel flr. R.S. Coleman Mr. I. Sebourin flr. Ceo. Robinson -- - June 13, 1969. oumc x, out. Tti^ka., sts-tnt Canadian Johns-flanville Co. Ltd. Asbestos Corporation Limited Sell Asbestos dines Limited Carey-Canadian nines Limited ' riintkote dines Limited Lake Asbestos of Quebec Limited National Asbestos dines Limited Counsel - QAflA Treasurer - QAflA Deer Sirs: Minutes of the Special fleeting held on April 10th and 19th at Clearwater, Florida, were epproved at the`last regular meeting of the Association held on June the 9th,'-with the proviso'that the second paragraph of page 9 of the minutes of the meeting cf April 18th and thB second sentence of the.first paragraon of page 2 of the rair.ute3 of the meeting of April 19th be eliminated. Accordingly, would you kindly destroy said page 9 and page 2 and substitute the attached revised pages. - -V-- PAF/dc Paul A, Filteau, General Waneger. I f :'%3 ir'feX / V- -. c /| j *. .*: * > 8. industry 3s a whole will cents cut ir. good shape in most of its now strong positions. Wb should nou/ bs in s position to iffsctivoly seek from Ouobac-and Ottawa Governments subsidies to support tho implementation of our programme. At this point, the Chairman ramarked that sufficient funds were available; it ia assumed that Caaaiar will continue its annual con tribution of J10,50C1. and it has bean decided that Advocate Minas could participate in the programme. / In answer to a question, it esa agreed that a copy of Or. McDonald1 a report ahould go" to the Union prior to relt:.*:*ng same for public consumption. `ADJCUSVttC `.'T Thera being no further business, the meeting aes formally adjourr.ad. Paul A. Filtsau, Generel Manecer i *. ./.if > ff <; ~.V : - - ~\" "V jO 1 v'*tr* */"v.'.*7/ V* I *i ,. **(7 'V-',**!,*. \ ' / *, J .; * . ,1 * ** I Counsel of ths Association b> diacunod between himseir end the Directors. CCVCRAL BUSINESS CONDITIONS In ths U.S.f supply end demand in industry ara in balance. In apita of tha change in Government Administration, inflation is still rampant. Capital expenditures era expected to be some 14^ higher in 1963. Tha long term outlook for the construction industry ia strcngj from 1,6=0,000 housing starts originally forscaat a reduced estimate still points to 1,575,000 starts. In U.X. , the political situation ia still bad. Plants are running far telca capacity. fibre eeles to U. K, are not likely to improve. rcrtur.otoiy, the textile industry is very active in scits f * dreeded health.problem. In Canada, It Kaa observed that certain companies were enjoying a period cf profitless prosperity. However, leaders were mcr9 opti mistic for n9xt year. As r9gerds future developments, it was enneunesd thet in connection with the Asbestos Hill project a ccr.can tra ta and fibre trsetment plant, having a capacity of seme ICC,~C0 tons cf group 4 end 5" fibre, uould very likely be built in ona cf the Ssneiux countries. * mi o i*r 1IT Thert being no furthar buiinesa, tha nesting was formally adjeurnad. Paul A. riltaau, Canard f.enegar & Sicratary, .../April 19th.