SNOW STAR ICE CREAM TOWN HOUSE RANGE JUICE GREEN GIANT /EGETABLES $149 osN Photos by Chery! Calderbani LUCERNE Ottawa to pay $4 -billion in new inti CP Economics Writer Hurray, Well, maybe. During the last several days, more then $4 billion in new has been to Canada's econom; Bven though $3.2 billion of that total was involved in one project — the development by Husky Oil Ltd. of a heavy-oil upgrading plant at Lloydminster, Sask. — economists breathed a huge sigh of relief. Then they went back to chewing their fingernails. It’s not hard to understand their conundrum. Since the country's economy came out last year from the toughest recession seen since the 1930s, everyone has been waiting for signs of fresh business investment in new plants and equipment that would sustain growth. The first recovery from the 1961-82 recession was led, as usual, by an upturn in consumer spending. Traditionally, this has been followed by large increases in capital investment by business so it could take advantage of those fresh consumer bucks. It hadn't happened in Canada this time, so the recent s of big-dollar were with open arms. ONE-SHOT DEAL Until, that is, someone asked whether they would continue, or whether they were a one-shot deal. More importantly, were they being put in the proper places to sustain economic growth? Sam Hughes, president of the Canadian Chamber of Commerce, suggests that the latest announcements — while obviously welcome — aren't quite in the same class as a repfleve from the electric chair. “What we need is to have individual companies expand their plants and equipment,” he says. “That's what will provide the new employment Canada needs.” The announcement by Honda, the Japanese auto producer, that it plans a $! production centre at Alliston, just northwest of Toronto, will create 350 jobs. But that’s not much in view of the latest unem ployment figures from Ottawa, which show 11.7 per cent of Canadians out of work. MORE FUNDS NEEDED The difficulty is that the latest deals which have grabbed headlines are a combination of private enter prise and government. That's fine under some circumstances, Hughes says, but it doesn't get down to the basie problem. That is, simply, investment has to be encouraged from the private sector so the unemployment problem can be tackled Larry Grossman, treasurer of Ontario's Progressive Conservative government, agrees and he says business should be a lot more aggressive in investing in moder nization. , Sure, he said in a recent address to the Toronto i of Busi is interest rates are high — and trending even higher — but they're equally high in the United States. And they haven't stopped development there. “If investment in new technology and equipment generates the major profitability and productivity gains it has produced in the United States, then current rates should not inhibit investment to the extent they have in Canada.” What's the problem? One reason for caution among Canadian businessmen is simply that technology is changing so quickly. No one wants to invest in major plant changes if they are going to be outdated within a year. Another is that busin have to be convinced a market for their products exists. A One of the new investment s came from General Motors of Canada Ltd., which said it will put $255 million into modernizing an engine plant in St. Catharines, Ont. The investment will allow GM to turn out a modernized version of a power plant it now produces — but it won't create any new jobs. Manuf; ing plants still are operating at less than 15-per-cent capacity on average and with all that slack, no entrepreneur is going to be enthusiastic about adding more output. But give Grossman the last word. “This is not an academic concern. Investment is our. lifeline to the future.” Regan: no end car quotas to Japanese tive in the Canadian pulp in- dustry. But Jodrey, vice-president of St. Anne Pulp Sales Co. Ltd. of Toronto, has no hope of promotion to the preé ident’s job. “I don’t think it’s possible and I'm not stupid enough to beat my head against the wall. The outside world is not ready for it.” Warner Lambert Canada Inc. of Toronto, has had an affirmative-action program e 1975. But the company still has only five women ex ecutives — 10 per cent of senior management. The lack of women at the top causes dismay for Wil liam Winfield, Warner Lam bert’s vice-president of hu man resources. But he noted, with concern, that “women have not been aspiring to (senior) positions.” Over the last eight years, women have made tremen- dous inroads into the lower and middle-management ranks of Canadian corpora: tions, but the rise to exe- cutive levels is difficult and many remain stalled on the middle rungs of the corporate ladder. The evidence of women's failure to break into the top-management ranks is ap- parent. No major corporation has a female president or chief ex women at t ecutive officer, The woman ‘with the most seniority is Mitzi Steinberg Dobrin, ex ecutive vice-president of le. gal and corporate affairs at Steinberg Inc. of Montreal. Dobrin is a capable execu tive, but the supermarket company she works at was founded by her father, Sam Steinberg, and is headed by her husband, Melvyn Dobrin. The lack of senior female executives at Canadian com. panies is underlined by a 1981 census on trends, which show 6.35 per cent of general managers and senior officials in the private sector are women. That means 3,175 wom- en out of a total female work force of five million. The lack of women with executive clout is indicated, too, in a study by the Con- ference Board of Canada. The study of Canadian Director- ship Practices shows only 2.5 per cent of the 4,442 positions on boards of directors at the end of 1982 were filled by women. Of these 112, women, only four were officers of the company, the rest were re- cruited from outside. COMPLEX REASONS Thé reasons few make it to the top are complex. Some cite the difficulties of entren- ched male networks and women's sense of limitation in male-dominated hierarchi- es. Others note an unwilling- ness by male executives to risk having a woman on the team, especially when profits are at stake. “In organizations run by men, there is a comfort zone at the top executive level,” said executive recruiter Meg Mitchell, “and it’s sometimes hard for men to let women in.” Although more companies are making an effort to ap- point female directors, “wom en are often not in a position of great influence even when they are listed as directors,” said Benjamin Forbes and James Piercy, management professors at Cleveland valley landscape nursery cenuine|y TOKE § Seeds JARI MOWERS BROCHURES NOW IN STOCK OPEN 7 DAYS A WEEK! CASTLEGAR WINLAW 226-7270 he top based John Carroll Univer- sity, in a 1968 study. “The directors on whom the chairmen rely most heav- ily are the outside CEOs or other persons with CEO-level experience, which very sfew women have. Women seem to be chosen to bring to the board the ‘outsider’ point of NEW IN TOWN? LET US PUT OUT THE MAT FOR YOU! Ye Mest Hames Bonet he ed * Joyce 365-3071 Deborah 365-3015 Dad Will LARGE EGGS Adore His ‘64’...And OTTAWA (CP) — The in Ontario. Meanwhile, Toy- for internment LARGE VARIETY OF BULK FOODS AVAILABLE! FRESH HALIBUT SLICED BREAD Thursday thru Sunday Microwave Oven A full size electronic oven with these features! ® Defrost (at half of full power) eTime Cook 1, Time Cook 2 eTemperature Cook Probe VARIETY LETTUCE ¢ Temperature hold ¢ Memory specific serve time Clock electronic digit pads CONTROL PANEL OTTAWA (CP) — The federal government plans to apologize to Japanese-Cana- dians interned during the Second World War and offer compensation to them as a group before Parliament ad- journs for the summer, Mul- ticulturalism Minister David Collenette said Tuesday. The redress, expected af- ter this week's Liberal lead- ership convention, will be part of the government's official response to a Com- mons committee report on visible minorities titled Equality Now, Coll over the years,” he said out- side the Commons. Art Miki, president of the National Association of Jap- anese-Canadians, said he is disappointed cabinet is on the verge of making a decision without consulting his asso- ciation. “If there is some settle ment, it won't be with our blessings,” he said in an interview from his Winnipeg office. But Collenette insisted dis- cussions were held with members of the Japanese- Canadian told re . Although the report rec- ommends financial compen- sation for Japanese-Cana- dians whose property was confiscated during the war, Collenette said he and Prime Minister Trudeau oppose that idea. As a result, individual compensation won't be rec- ommended in a submission to cabinet later this month, hi added. “The guiding principle that T'm using in discussions is that there should be ac- knowledgement of the injus- tice and perhaps some com- pensation in a global sense to take into account other vic- tims of ii uring the past 18 months, revealing a difference of opinion about what form of redress would be acceptable. : He refused to indicate how much money Ottawa will offer in global compen- sation, saying only that it.will be closer to $5 million than $500 million. The expendi- ture won't have to be ap proved by Parliament, he added. Some members of the Jap- anese-Canadian community say Ottawa is planning to es- tablish a trast fund to prom- ote racial harmony but Miki said money would be better spent on nursing homes for the elderly or senior citizens’ Japanese will be allowed to ota Canada is establishing a ship more cars to Canada this year than last but Trade Minister Gerald Regan says he does not see an end to quotas unless there is a dramatic increase in Japan- ese investment in the auto industry. The minister confirmed at a news conference Tuesday a Canadian Press report that the quota on Japanese car imports has been increased to between 166,000 and 170,400 units from 153,000 this year, allowing them a maximum 18-per-cent share of the projected d wheel plant in British Col- umbia which should be in op- eration by the start of 19865. Regan said those projects and others reflect an im- proved attitude by the Jap- anese toward investment here, but it is his personal opinion that unless there are “very dramatic investments and changes by the Japan- ese” quotas will likely be ex- tended beyond the latest 12-month period ending March 31, 1985. Under the new quota market for new cars sales this year. The increase in quotas is not formally tied to an in crease in Japanese invest- ment. However, Regan said that had there not been recent announcements of increased investment plans by several Japanese auto companies, he would not have considered increasing the quotas. Last week Honda Canada announced it was setting up a $100-million assembly plant the will be allowed to ship up to 166,000 cars here in the 12-month period ending March 31, 1985. That is 8.4 per cent more than in the previous 12-month period and is based on projections that sales of new domestic and foreign cars in Canada will total 917,000. Regardless of how many cars are sold in Canada, 170,400 is the maximum that will be allowed for Japanese imports, Regan said. Answer to Sunday Crossword Puzzle No. 108 IGLOM ERHASP| Fe jreye va oy ISIA! IAA) RPT ABORT ES! Clock Radio/Telephone Touch dialing, 95 Last call mem- each ory function. So Will You wt phils ckrilbo yl “riovelol Geta. (data. Wtertace cable 369" Joystick 4 with ‘Commodore’ or ‘Atari’ systems. 19% capacity storage & re- puts you in control. Use Video Tapes Blank VHS. 2 to6 hr. running time. 9 99 NOW: ea. Beta Video Tapes Sharp pictures, smooth tape travel. Made by Cassion. 8°” Headphone Radios AMIFM stereo audio. Made by “Sanyo”. Reg. 39.95 Electronic Phone Complete with wall mount. Hi/LOW ring level. wow 1258 Clock Radio AM/FM digital clock radio. Battery back up. EACH 44 NOW: 2458 Black Forest Ham Electronic Phone 4549 With digital clock and wall mount. 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