Castlegar News 1986 Review, March 30, 1986 Message from the publisher Castlegar's alive with a new spirit: a spirit that's fi h and aggressive; « spirit that reflects the positive outlook of our citizens. This year's edition of the ion, Development Centre which provides much-needed Business, Industry and Tourism Review pays tribute to that spirit. Once again the Review records the growth and of our and the West Kootenay area over the last year (and there's been plenty of it, just look inside these pages). We have worked hard to bring you the latest information about our major industries of forestry, mining, education and tourism, and of business in general — large and small. The Review also looks ahead at what the future holds for Castlegar. It's a future that looks bright indeed. Expo 86 is little more than a month away and will generate an excitement never before seen in this area. It will also bring visitors from across the continent and around the globe to our doorstep as they make their way to the world exposition in Vancouver. also exudes a confidence not seen to quite the same degree anywhere else in the West Kootenay, a confidence that stems from the city’s role as the distribution centre for the region. Castlegar’s future isn't dependent solely on our pbundant natural resources, but also on our strategic ee ee ee et Natural may be the of our economy, but our ition links are the key to our future. It’s a future we are aggressively pursuing. There's the new West Kootenay Enterprise i! to promote and develop our community and area's business and industrial opportunities. The Ci 3A iation and the Kootenay Country Tourist Association are both busy informing the rest of Canada and the U.S. of the “supernatural” quality of Castlegar and the West Kootenay. Information and photos on all of these are included in the pages of this year’s Review. You'll also learn how the Castlegar Chamber of Commerce will be able to aggressively reach out to tourists and new businesses thanks to its new office nearing completion. These are all success stories, the kind of success stories that occur year in and year out in Castlegar. They show a vibrant, active community working harder than ever to make an exciting future come alive. We hope you see the optimism that shines through in these pages and that you, too, get caught up in the new husiastic and aggressi spirit that is Castlegar. Reason to be optimistic Last year at this time I said that good things were happening, and I listed a number of them. Despite increased unemployment and even more layoffs on the horizon, I think it's important that we realize that many good things are still happening — and that it's confident and enthusiastic that we are able to continue to make good things happen in the ity, and include expansion and upgrading of our Pharmasave store and Castle bowling alley, improvements at the Castleaird Plaza, two new auto dealerships have opened, upgrading of our Pioneer Arena was completed, a new warehouse is under construction by Imperial Oil, and the new Chamber of Commerce office and Visitor Information Centre is well underway. Promotion and development of secondary indus- try and tourism has received a lot of attention during the past year, and must continue to do so in future. To this end the Industrial Commission is moving to an independent status as the Castlegar and District when it comes to fighting the effects of a depressed economy and its social impact we must be prepared to be aggressive as welll When I look back on the activities of the past year I have reason to be optimistic — and so do we all. Just this month construction started on the new three-quarter million dollar Arrow District Forest Service Complex on Columbia Avenue, and I attended the official opening of the new Central Kootenay Health Clinic built at a cost of about a quarter of a million dollars. We can also be particularly proud of the new building in the Industrial Park which was built by the Industrial Commission with federal LEAD project funds and is now occupied by Elektro Dohmen Enterprises. Revenue from the lease and eventual sale of this building will be available for other economic incentive programs. The building project itself, of course, provided much needed employment in the city. Other significant projects during the past year D Board, and I know that the hard-work ing members of that group are looking forward to working closely with Selkirk College's new West Kootenay Enterprise Development Centre in promot- ing and developing all areas of our economy. The Castlegar Chamber of Commerce with its new facilities will be in an excellent position to expand on the valuable work now ‘being done by that organiza tion in tourism and convention promotion and in other areas. I'm not just “cautiously optimistic” about our future — I'm confident and enthusiastic, and I ask you to join me in that confidence and enthusiasm. Together we can continue to make good things happen in Castlegar! felt Mote Audrey L. Moore, Mayor NEW SERVICE . . . Kootenay Savings Credit Union now offers Plaza branch. out of its new financial management centre at its Waneta KSCU OFFERS FINANCIAL TIM-BR-MART Our Huge Warehouse, the Former Quadra Manufacturing Plant | SS1 WANETA ROAD, TRAIL, B.C. VIR 28 Currier’s Insurance Agencies Ltd. “Where Your Business is Appreciated” Autoplan ® Insurance ® Registration © Licence Plates * Vehicle Transfers General Insurance © Home *© Bonds © Term Plans *® Mobile Home * Boats © RV's © Business © Travel * Annuities © Registered Plans © Property Transfers *® Mobile Home Transfers * Wills © Mortgages © Leases “To provide fast, friendly service that is backed up by the most ex- perienced people in the West Kootenay area.” [ne COMMITMENT TO YOU: Serving Trail and the West Kootenay Region for 32 Years CURRIER’S INSURANCE (1960) LTD. 1331 Bay Avenve, Trail (next to the Bus Depot) — Telephone 364-1285 PLANNING Recent strides in microcomputer technology and software development has spiralled Kootenay Savings into the orbit of sophisticated personal financial planning. The first banking institution jn the Kootenays to offer such financial analysis and planning services, Kootenay Savings has recently established a new department with a modern office for confidential consultation, located at the Waneta Plaza branch in Trail. To manage the new service, Kootenay Savings has acquired the services of Jim Ryckman who holds a Bachelor of Commerce degree from the University of Alberta. Since 1965, Jim Ryckman has had extensive experience in the money market at Edmonton where he was associated with Dominion Securities and Nesbitt Thompson Securities. He developed expertise as an investment analyst, mortgage administrator and bonds trader while associated for five years with the investments division of the Alberta Provincial Government Treasury Depart- ment. Mr. Ryckman’s total formal training and business experience has been directly related to the counselling and analytical aspects of personal financial planning. A it for private i can be made by contacting any branch office of Kootenay Savings, or by phoning 368-8291 at the Financial M Ceatre JUARYCKMAN . .. financial planning manager One of the popular components of a total personal financial plan is an analysis of retirement plans called the “RRSP Planner.” With this micro-computer program the Kootenay Savings expert can suggest, in a matter of trade. “Business leaders want the massive flow of twoway trade between Canada and the United States — the world’s largest at about $150 billion this year — to be secured by a formal agree- ment,” says Tom d'Aquino, business council's presi- dent and chief executive offi- cer and a native of Trail. “Such an ag offer exporters on both sides of the border the assurance and stability that comes with legal protection and political sanction.” As an argument in favor of a trade agreement, d'Aquino would tical ence in the size of the two ” he says. exports to the Canadian - U.S. account for 20 per cent reports dividend In spite of the stagnant economic climate of 1985, Kootenay Savings has achieved the goals and objec tives for the year. Details of this achievement will be reported to the mem. bers of Kootenay Savings at the annual general meeting scheduled for April 1 in Trail. As a result of the aehieve- ment, the board of directors have approved a five per cent dividend payment for 1985 on oii ah minutes, what an should_be. This specific service also provides information that allows you to maximize benefits in tax savings and tax costs. It provides all the details of retirement options and the print-out is easy to read and understand. Another new service using the convenience of micro- in Trail. Many financial institutions in Canada and the United States offer personal financial planning services, but at costs that are prohibitive for most people. Kootenay Savings has taken advantage of micro- computer technology and the latest in sophisticated planning programs, and with an experienced financial planner, can help to assess the needs of members in a number of service categories including budgeting, retirement, investment, insurance and education planing. Comprehensive reports are generated based on information provided by the client. The result is a truly personalized financial plan based on a client's specific situation. The planner helps analyse the print-out and will outline steps that can be taken by the client to achieve goals and improve the current and future financial picture. s is income tax preparation service which is available out of the Financial Management Centre at the Waneta Plaza branch. Income tax service is handled by the professional people from the chartered accounting firm of Soligo, Koide and John in Trail. Tax returns are prepared professionally to help the client identify previously missed tax-saving opportunities. The minimum service charge that applies to this service also includes time for the professionals to deal with queries by Revenue Canada resulting from the preparation of a tax return. Computer-generated income tax return data is presented in a neat and comprehensive form which adheres to government requirements. Most returns are relatively straight forward. The more complex returns are reviewed by a senior tax practitioner of the chartered accounting firm. ATMs popular Kootenay Savings’ Cue Cards obviously serve a posi- tive purpose for members in the Kootenays. Automated Teller Mach- ines (ATMs) at KSCU have, by activity, regularly ranked in the top three of the Cue/ Strata Network in the prov- ince since inception of the service in early 1985. Approximately 6,000 mem- bers of Kootenay Savings have acquired the Cue Card for cash withdrawal and HALL “Service’’ Is more than a word withus... It could well be our middle name! * Commercial Printing * Office Supplies © Office Furniture ¢ Quick Print deposit 5 While only two ATM loca- tions exist for Kootenay Sa- vings at the moment (Trail and Castlegar), a linkage of two major Canadian ATM networks is currently being tested to become fully oper: ative imminently The two networks are Cue/Strata and Exchange which together will allow members to access their ac counts at nearly 175 ATMs in B.C. Plans are also underway to link credit unions across Canada to form an extended network that will ensure that the credit union system is well positioned to play an ac- tive role in the future devel opment of refinements in electronic funds transfer. Free Delivery to Castlegar Toll-Free Ordering TS PRINTING 1265 Bay Ave., Trail, 8.C. VIR 405 + 366-2522 + 1.9003920286 “Where You Will Find it All” business. of Canada’s gross national product while U.S. exports to Canada account for two per cent of the U.S.'s GNP, Aquino notes. Castlegor News 1986 Review, March 30, 1986 TOM d'AQUINO . «. cites stability to the huge United States’ market of some 250 million people would help us come to grips with the problems that threaten our competitive- ness.” D’Aquino says freer trade Kaslo new branch When the 39-year-old Kas. lo Credit Union came under the voluntary supervision of the Credit Union Deposit Insurance Corp. of British Columbia in early 1985, nego- tiations were undertaken to merge the small community credit union with Kootenay Savings in order to guar- antee the continuation of credit union service to its 1500 active members in the Fast. Dependable. Service with a rofessional sense of urgency. That’s iow Loomis Courier deli Across town or across the country, specializing in coast-to-coast, ioor-to-door overnight delivery. That’s where Loomis Courier delivers. The familiar yellow Loomis vans and trucks serve thousands of Canadian companies every day. Why? Because we’re in business for vers. 520 Columbic Avenue, Costiegar, B.C. VIN 485 (604) 365-8458 1045 Industrial Rd., No: 2, Cranbrook, B.C. VIC 4K7 (604) 489-4187 The merger became effec- tive in October 1985. The Kaslo office became the ninth branch of Kootenay Savings — which is an amal- gamation of Kootenay com- munity credit unions oper- ating since 1969 under the name Kootenay Savings Credit Union. On-line data processing service has’ been installed linking the Kaslo office to every KSCU branch in the iy sa5° 7 tif : HT ; iif E i fig! HE iat F et We also offer service to over 7000 points in the United States and over 95 countries internationally. Be pa Or a te Tat Berar hal CANADA-U.S. FREE TRADE Formal pact needed