Canada's young, yeasty and frankly Socialist C.C.F. (Cooperative Commonwealth Federation) party gave Canadian financiers something more to worry about. It began to talk about nationalizing the Dominion's big life-insurance business ($7 billion in insurance in force).
The man who proposed that the state should take all this over was an ex-Y.M.C.A. worker turned economist: mild-mannered, boyish (29) Lloyd Shaw, research director of the C.C.F. He announced last week that the party is making its own investigation of the life-insurance business. More than that, he forecast its findings:
1) that Canadians are paying two...
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