Right Hon. C. D. Howe (Minister of Trade and Commerce):
I desire to lay on the table the annual report of the Polymer Corporation for the twelve months period ended March 31, 1951.
While I am on my feet I might answer a question that was asked last Friday as to changes in the directorate and management of the Polymer Corporation. Mr. E. J. Brunning, chairman and president of the corporation, due to pressure of other business finds himself unable to devote as much time as he has heretofore to the affairs of the corporation. He therefore resigns as president, but remains chairman of the board.
The board of directors accepted with regret the resignation of Mr. J. R. Nicholson, formerly executive vice-president and managing director, who leaves the corporation to accept a senior post in a large Canadian concern.
Mr. J. D. Barrington, who has been vicepresident and general manager of Dominion Magnesium, Limited, and president of Light Alloys Limited, has accepted the position of full-time president and managing director of Polymer Corporation.
Mr. E. R. Rowzee, who has held the position of manager of Polymer Corporation, becomes vice-president and manager.
Subtopic: ANNUAL REPORT TABLED