CASTLEGAR NEWS; ‘March 4, 1981 ..; Proposes joint venture Investment into energy A. proposed joint. von- ture involving the Canadian credit unions and the federal government, aimed- at en- couraging investment in Can- adlan energy companies, sounds appealing to the man- ager of Castlegar's credit unton, The iden “is'kind of exciting,” according to Ha- told Webber, who attended the Feb. 19 meeting in .Van- couver, during which the proposal was discussed by provincial credit union lea ders. . If the proposal is ac- cepted, the government and the co-operatives will each invest $100 million in a co- operative resources holding company. Another company would be created to raise funds from credit union mem- bers to be used to buy shares in existing energy companies, and a third fompmny an money bo drawn from pre- sent co-op investments, such as RRSPs?; do members want this type of risk invest- ment? In Trudeau's luncheon address, he explained the government's National Ener- gy Program and the special role he saw for co-operatives in helping secure Canada’s energy future. He empha- sized the common goals of the government and the philo- sophy on which co-operatives are based; in particular the fundamental commitment to equity and sharing, and the idea of people working to- gether to gain greater eco- nomic independence. The prime minister ex- plained that the $100-million which will be made available to A : HAROLD WEBBER «idea exciting erative members others, The history of the co- oporative system has shown it can influence society to make changes, so why not in the energy sector-as well, LaPierre wrapped. up the panel discussion by re- minding co-operators by pul- ling together and: pooling the ih Costs going Ube work force cut. OTTAWA {CP) —-The “federal government plans to ¢ut the postal work force in 1981-82 but the post office will cost more to operate and wind up with a $557 million deficit, The government's spen- ding estimates said the lar- gest increase in non-defence and capital expen- system has brought many improvements to Canadian society. The democratic prin- ciples of the co-operative system have given every man and woman the oppor- tunity to shape their own economic destiny. What is good for. the co-operative e system is good for Canada as a whole. The problem of securing Canada's energy re- sources provides another halle for th i a of the ip is seen as seed money which would be part of a large capital fund to purchase equity in resource and company, would be created to raise funds from people who want to invest risk capital and benefit from available tax breaks, le was very much in favour of a mix of private and public invest- ment in energy resources, What was proposed was very definitely “Canadianization,” not After the are is the The session would be expected to grad- ually withdraw, leaving the companies with the co-opera- tive movement. Webber is impressed by the proposal. Credit union members would be able te buy mutual funds over the counter at the credit union they are mem- bers of, he said. The proposal recognizes there are few things more Canadian than the co-opera- ive movement, Webber add- He said the proposal will be put before the credit union members for their input, and they will have the final decision about entering into the venture. The movement has until May to decide if it will become involved. . The Feb. 19 meeting took the form of a morning information session, a lun- cheon ‘address by Prime Minister Pierre Trudeau, and an. afternoon panel discus- sion. The morning session was an update on the co-operative system's plans for energy in the 1980s, Bill Bergen, chair- man of the Co-operative Re- sources Steering Committee and Jonathan Guss, Ottawa representative of the Cana- dian Co-operative Credit So- ciety briefed the audience on the status of negotiations with the federal government and the discussions being held within the cooperative system. While co-operative | or- ganizations across Canada are being asked to invest $100-million in the holding company, (over a three-year period) the project could provide a significant oppor- tunity for individual mem- bers to participate in the development of Canedian en- ergy resources. Local credit unions and co-operatives would be the sales outlets : for shares in the was a panel discussion to react to the prime minister's address and to the Co-opera- tive Resources Project as a whole. Laurier LaPierre led the discussion of the panel- ists, who were: Bill Bergen, chairman, Co-operative Re- sources Steering Committee; Corby King, Federated Co- operatives; Peter Podovini- koff, CEO, B.C. Central Cre- dit Union; Sandra Suther- land, director, B.C, Central Credit Union; and. Michael Walker, research director, Fraser Institute. Each panelist spoke ‘on certain aspects of the project and afterwards there were reactions from the audience. Sutherland suggested an al- ternate structure could be a simple mutual trust fund in which members could make investments. This was seen as a relatively simple and safe form of investment op- portunity which co-opera- tives .could offer to their . membership, (several people felt they could not support some of the more speculative aspects of the project}. King spoke of Federated Co-operatives’ support for action in the energy sector. Federated already runs a refinery which supplies 420 retail outlets and would like more protection for its sour- ces of supply. He spoke of missed opportunities in the past and was in favour of seizing this opportunity be- fore it passed. There was some support for. this posi- tion from the audience with a feeling we don't do this, who will Walker reacted to the prime minister's speech and to the National Energy Pro- gram in particular. He cau- tioned the co-operative sys- tem to think very carefully before embarking on a joint venture with the govern- ments a venture which ich he e resources mutual company, The advantages and oe of whole } National energy Pro- gram. His led off such a scheme with ‘the d considerable discussion with Canadian population, Al- though $200-million is a small amount of money in the energy sector, it would be a beginning. He felt very strongly the movement must. start somewhere and de- elared, "I say let’s get in- volved.” Bergen reiterated some "of the points he made in the morning session. He said the co-operative system {fs al- ready a complex organization and there is no reason why it could not handle this complex issue as well. If it always considers itself small it will not be able to influence Tax tips system, a challenge which Laurier urged them to ac- cept. ~ Tt was clear from the comments and questions that the Co-operative Resources Project raised a lot of inter- est. Many people were in favour of involvement with the Canadianization of en- ergy resources, but all felt it should be thoroughly investi- gated and delicately handled. The federal government expects a reply from the co- operative system by early May. Discussions will con- tinue at all levels of. the system until, a decision is reached. When to claim for child care By The Institute of Chartered Accountants of British Columbia ‘You may make child care deductions on your annual income tax form (Schedule 5) ifyou are a working or single parent, a widow or widower, divorced or separated, or if your spouse is infirm or in an institution. Child care deductions may also be made if, you are taking cannot be claimed as a child care expense, You need not file receipts * with your tax return, but they must be retained in case the tax authorities want to check your claim. You must provide the tax department. with the name, address and social insurance number of the individuals to whom Pay ments. were: made. ditures will take place at the post office. The documents said the number of person-years auth- orized for the post office will increase by a net 461 for a total reduction to 69.856. A » person-year is equivalent to one full-time job for. one person for one year. * Treasury board and pos- tal officials said the reduction can occur through attrition and no layoffs are planned. The post office will cost $1.7 billion to operate, a net Incronse of $202.2 million over 1980-81. After revenues are subtracted, “the post office will be $557 million in the red, That is $132 million higher than’ in 1980-81, “Increased salaries, cost- of-living allowances and pen- ston payments. to postal em- ployees will raise spending in 1981-82 by $208.1 million. ', Officials safd the’ work- force reduction ‘is possible because the ‘post offica is becoming® more. efficient, They said mechanization and agreements with employees and their unions have in- creased productivity, The figures in the esti- mates are subject to change when the post office becomes a Crown corporation. Legis- , lation to bring about the con- version to a Crown corpora: tion is before the Commons. Responsible for church fires EDMONTON (CP) — A homosexual who howled at the moon and claimed to be the Antichrist has pleaded guilty to arson charges in connection with a series of fires at local churches. The Court of Queen's Bench was told Monday that Daniel Kautz tried to con- vince police last year that he had set fires at Beth Shalom Synagogue and the South Side Church of the Nazarene in February, 1980, Kautz told a psychiatrist that he had admitted responsibility to a police officer, but the police- man had dismissed him. Kautz promptly went out and set a fire in St; Joseph's Cathedral. Kautz, 32, pleaded guilty to two charges:of arson and two charges of breaking and entering. ‘The court heard testimony’ that Kautz told the psychi- atrist he felt persecuted be- cause of his homosexuality, that he believed. he was the pAntlobrist-..and-» that. howled at the moon like a werewolf, “I figures a full moon would help me stop setting the fires, but it didn’t,” Kents told the psychiatrist. Kautz also took respon- sibility for a fire at Edmonton Mausoleum in March, 1980. Damage fn the fires totalled an estimated $1.36 million, - Sentence was reserved. ' Lledo | Indoae Whirlpool & Sauna (Childsen with Parents 9a chdege “Deluxe “Room, For Two For One Night. Lil: an training course or working on a re- search program and have to * pay for someone to look after your children. Children for whom you are claiming expenses must not be over 14 years of age in 1980 unless they are infirm. There is a family limit of $2,000 per child up to a limit of $4,000 and an income limit not to exceed two-thirds of your earned income. Child care payments are not deductible if you have made, them to a relative: under 21 years of age, or to someone claimed as a depen- dent. If you are claiming payments made toa boarding, school or camp, you are al- lowed a maximum of $30 per week per child. These deductions are de- signed to allow a mother or a single parent father, to work, to take an occupational train- ing course or do research. Child care expenses paid so that a mother or father may attend school or university normally do not qualify as a were di The major adventores were seen to be: increased Cana- dian ownership and contro) of energy; protection of Cana- dian gas and oil supplies; and a new form of investment opportunity for the nine mil- lion Canadian members. among the p: some people expressing ex- treme caution and - others pointing out that co-opera- tives were already involved in joint ventures with the government, (such as co- operative - housing) which they felt were examples of The major - disad tages discussed were: finan- cial risk factors; the credi- bility of the coop system would be on the line; possible opposition from the provin- cial governments; would ‘new money’ be used or would successes, Podovinikoff felt the credit unions could become involved in some kind of energy program without tak- ing politica! sides. He pointed out the nine million co-op- tax A father with custody or control of the children can claim child care expenses. He may alse file a claim if his ‘ wife is infirm or in an institution for at least two weeks during the calendar year, The father may deduct $80 per week per child up to four children-if this is less than the family and income limits mentioned above. Alimony, separation and child maintenance payments made to an estranged spouse _ NEW IN-HOME _DRAPERY SERVICE Your Singer Store at the Castleaird Plaza now offers you a new in home custom Drapery Service. Our Drapery consultant will gladly come to your home, measure your windows, ‘help you with your window design, and have your FOR AN APPOINTMENT PHONE 365-3810 dropes custom made. 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Sorokin in 1950.. 1 “Anothet fact,'on the: evi dence of witnesses, is: that | this, same Lebedoff initially introduced and -recom- mended Sorokin to the Free- domites after the Orthodox section refused to accord him special status. involved for’ phone ses ‘either fear orn guilt complex: : Their refusal to appear isnot » justified -in :the ‘light. of ‘the + sta! fact that: many people: were: «. flelds- by: indi VANCOUVER (ce) = De: velopment ‘of northeast coal lustry and. gav- ernment is an irritant, but B.C. ‘Resources | Investment’ Corp, can” handle, the'icom= fo pet |, Bruce Howe said ‘Tuesda: ty, : a ine sonie sectior . soctaty. teat had grou ‘ Popoff’. said} this: an‘a'measure of crit- cist on these res- ponsible. Their reports take on special : significance :be- cause acts such as referred to question, whether he thought. that nd siete tines - rmont of fact aa supported by y: Hows ‘told! a luncheon,” poneored by the Vancouver Soclety ‘of Financial Analysts company.president': Reso : CASTLEGAR New 4 ty in the" sural i. Howe, said BCR Resoth 2° an inventory of fac facta ‘and his: “Competition: ‘doesn bother us, It, may irritate * coal business. We just want: - the 7n tobe fair.” in the above. affi- davits, were ittedly per- petrated at times with know- lige, and even support, ‘of Howe said he would ‘have : oie The above, signed and sworn before a commissioner of oaths in the Municipality of Kent, B.C. in the year 1962, allege. in concise language that the two ier faw and order in the country. ‘ Eli Popoff, who was foa- > tured in an hour-long Fepert on the the y affairs, There are numerous wit- they would so desi wary : ae | win ; , 4 nifieance within the Doukho- ° bor society relating’ to’ this.: period.; But. aside from a limited - number, id reports without an admixture of politics, phil- . osophizing, mystical *“intor- and outright pre- MMR REPRE MANOR HOUSE MEAT PIES Assorted. Frozen. 2 8 9 ¢ Save G1¢ ca 2, Bor. (2274) Pig........-dfgm fo SCOTCH BUY COFFEE $949 TOWN HOUSE TOMATO PASTE $100 Save 39¢on3 ........ for GREEN GIANT. FANCY. NIBLETS CORN © Cream Style, 14 fl.oz. (398 mal} Tia or ¢ © Whole Kernel. 12 fl. o7. {341 ml) Tia. . Save 166. Your Choice. ........065 judice — elements ‘the Re- search Committee has at- tempted to avoid. Since Chistiakoff died, var- ious personalities alleging: spiritual authority and with varying degrees of influence, to the’ ; had met John L.. Lebedoff of néases, still alive, who can, if -> ‘Wynndel, B.C. in 1961 when Lebedoff showed them. a: feally elevator in Wynndel. The committee, of course, not being a judicial body, can deal with the ‘evidence only as its .terms of reference allows, that of auth questions. and jorplatnea more fully ‘certain: abstract’ points relating to his reports) | veel uae crept; into ‘and manifested itself within the’ Popoff agreed that there has | been brought forth in the past. to point out that + there may have been such involvement, 7 Two members that local: DCA BFOUPs Joe Podovinikoff (Jr, “northeastern “B.C. getting a i “higher price for their coal so. his corporation could’ hike “prices. . B.C, Resources is currently 4 selling southeast coal for $63 a tonne: (in 1980 dollars), ’ while: compet- Popol xp! “ent: project was to ‘seni ‘citizens’ housing prof ing northeast nae recently ; under: the: “auspices - of the So S. religious D: body, Popoff: cited three” obvious sources, First, the admixture ~ into society of criminal ele- ments of ch line- each statement as much as possible’ by < giving". oppor- to “age, when the Russian Czar, : Alexander I issued he clety.-Peter J, Popotf, sec- “retary of the society, con- firmed work on the: Grand Forks ‘orks projset. will lke tunity for those face. the public forum and personally explain their con- duct in the tent ‘of moral and religious’ ethics ot the Douk- appeared. on the scene to - command the: interest. and attention, of enough .seg- ~ ments of: the overall. Douk- hobor society that ultimately — affected the whole. In. the eyes of the sym- posium, aside from John J. Verigin (grandson «of: the: = leader) who was only 17 at the. time of - Chistiakoff's J. Verigin (The Archangel?}, Jobn L. ‘Lebedoff, Mike Bay- off and &.8. & all of wien ‘(except May: Verigis away) were pan invitations by: the- Re- search Committee to volun- teer information, pertaining to. their “activities, at . the. symposium. ‘Aside from John’ J. Ver- igin, the present head of the USCC, and some former fol- lowers of the “Archangel,” none of the above: person- alities made any attempt to go on record as per the invi- tation. Verigin of the USCC, though consenting to give a full accounting of his‘40-year service with’ the organi- zation, both as general sec retary and as honorary chair- man, suggested that his final report.should be. presented last, a request the committee felt was in order. The problem ‘facing the in view of the Save 12¢, 385 EVAPORATED PACIFIC MILK _Ay5® Tia... ie CALIFORNIA GROWN ‘CARROTS 2.09 ~ B.C, GROWN eke ; 43190 jelicions, 3 Fancy Grade. ee “1s0) SSC KE) ose ee sees Prices Em March 5, 6 & io IN THE CASTLEGAR STORE eee reeset Phone 365-3816 Genelle—12Noon Dy, intentional absence of. the ay : a‘ volent _Teleasing all rawr sec fessed to be. of the Douk- “hobor faith and-were serving‘ sentences, together with es ~ Indian occupies — - director's office. WINNIPEG (CP) AS 85-year-old Indian executive entered the second day of a - hunger strike and sit-in bird paet aa le Heaps 4 of the Greater’ Winnipeg In- pes: 1 disn Council, said in an inter- view. “But I don’t intend to give up.” James began : thie sit-in Monday by ‘taking over the office of Brian Veinot, re- gional director of the Mani- toba Indian ‘affairs office on downtown Portage Ave. Veniot is expected to re- turn today from: as trip':to Ottawa but James said he doesn’t expect “it will change anything.” He emphasized that ‘ne, demonstration was’ peaceful one but was worried that if fer try to evict him “it may Teck. holding discussions on - after covering fairly success- the preceding three centuries, is how to climax the last 40 years of contemp- orary history replete with so much controversy and-uni- . dealistic behavior stemming from various self-proclaimed “leaders.” The panel, never- theless, continues to gather all information available, and in the absence of some of the key personalities, intends to fill in by testimonies of wit- nesses who saw and heard. After Peter P. Swetlishoif (Sr.) read a detailed account of M.J. Verigin's appearance 8 in 1940. and dras, vicopresigent of Teck. said ‘the ‘companies are dis- cussing with other coal com- panies the possibility of be-_ coming port operators. “Tentative pediscussions have been -held,”, said An- dras, a former federal cabinet : minister. ‘Andras declined to name - the other companies involved” in the discussions but’Petro- * Canada,’ British‘ Petroleum Canada and Utah Mines of California have: properties in the area.. Only Denison and Teck now have contracts.to ship coal through the prop- osed Ridley Island: port at “Prince Rupert. get a little hi ted." Bria local government at the ro- gional office, ‘said he : could liance of bed os upon leaders 2 without exercising th “not evict: James because it for: was not a federal building. He has notified the mutes landlords: tory: about the’ firm's’ hol xpand base in an ambitious ts ey program in‘ ofl fe ‘antan ‘pulp nee at Prince Rupert, and, efforts ; will: made ‘to improve p ist of making topestries, announced os Merch a 12-15, now me. “T really don’t think: they need that "many people to look after me.” He said he was ‘told if they “> did not stay with him during _ off-werk. hours, he could. be: evicted under ‘terms. of the building lease. James. said. at ‘a ‘news ‘ conference” Monday. ‘that 10,000 off-reserve Indians in Winnipeg have a denied the removal'of Paul Tellier,:. deputy Indian’ affairs : minis- ter, as well as other officials’ Jof.the Manitoba office.:*:: in teamad of three, took turns ; during the night ‘baby sitting 5 asserted ‘th sages of John’, “Mellott an :M.d.* Verigin, claimed" by “them to be from Pater Chis- -- tiakoff, were not authentic. »: porns following” session of: bed April 5;/at the same lo. cation... “ SMMALL BUSINESS EMENT.—— ~ business principles ‘and their. opel 1700 Columbia Ave., Castlegar 1981: " Trends “Car of the Year” fee | 978: Chrysler’ 's ficar wheal drive tS “Dodge Omni and Plymouth Horizon named Motor. T ee Car of the Year" David Thompson Uni Comm, Cina, PLM RKETIN' systems idea ‘of “he, management. Topics include | scimarketing's role within, the firm, ‘mark vis accredited by the Canadian Institute of M “10 p.m., Selkirk Coll leg llegar, Fee 9 strategy. agement. 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