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nie cn cew awe LRN ORE PTS) 1. PERNT MARS

economic
growth in the ‘West
Kootenay in the near
uture, a eu
Those cre trends
‘forecast — for.

he

Despite the West Koot-
enay’s history as “a fairly
stagnant area” for net pop-
ulation growth, Tuline said,
.the emphasis placed on the
{commodities ~ produced the
:Canadian Cellulose sawmill
‘and pulp operations in Castle-
‘gar and Cominco's smelter in
; Trail will probably result in a
chan, s iy
‘ though there will be
‘some slowdown in the lumber
industry, generally the whole
‘trend will be upwards over
‘the next. few years and cer-
{tainly the same thing applies
ito the minerals that are pro-
essed in the plant in Com:
neo,” Tuline ‘said:

or the

“In addition I think we'll
see further activity up ‘the °
Slocan Valley,'in the tourist

, industry and steadier growth ‘

in mining | activity. | These,
types ‘of jindustries, partic,
c liké in

ularly, the ‘produ
’ Trail and’ Castlegar and the ’

$2 MILLION CENTRE, pictured above, is
proposed by the City of Castlegar as
the new quarters for city. hall, the
“public library and provincial court-
rooms.. Built on recenitly-freed B.C.

prices‘ in the ‘area, he sald,

Aside ‘from ‘inflation I,

think’the area itself is going
to experience an increase. in
prices that are just a straight
‘phe:

‘added. “In “Trail, ‘for
example, there are housing

pportunity.. to ask higher
rices because of scarcities.”
~ But he cautioned against
allowing long-te

enon of growth,” Tu- s

,, Wirlse with incomes in the
Tegion.: ‘ i

"People should be. cau-
tious ih the debt load that
they ‘assume,”.° the KSCU
general -nianagor advised.

4 person's mortgage, for ox-
ample,can go from a 18-per-
cent rate almost up to a 16- or
16-per-cent rate, and I don't
know that we've seun a peak
in the. interest rate at this
point." ~ 5
. “That ‘being ‘the case,
people's budgets ars going to
be pretty well stretched to
the point where they're going
: to be hard-pressed to make
payments. It might be the
time to be very cautious
about the Payments on
homes and the payments for
purchases.” |) 0%). i
‘Although in the past the
Tegion’s stable’ population
level has ‘not. invited * in-

Vestors to set up businesses |

“with any degree of ..con-
fidence,” gradual growth
trends in:the Slocai-Valloy
and the Nakusp area reflect

© “With volatile interest rates.

the growth of the tourism
induatry, which has service

and commercial industries
“automatically built into it,”
he said... tg
“We're’: startin,
‘some of that,” he
rvi

te

tured below, the planned

complex is also expected to house
other senior government offices to
Provide area residents with-a cen-
tralized government services building.
The city is seeking aid to cover'a por-

Pee

tion of the cos? of the centre under the

) est Kootenay:

‘now in this area than when I
came here just two years
ago. This just simply builds.
For every type of work there
is, there's a certain ration
that you're going}to get in
service industries and it sort
of feeds upon itself." ’

“I” don't | think’. we're
going to attract a substantial
amount : of .manufacture of
consumer products here, but
I do believe’ there ‘will be .
more services open ‘as the
Population grows and ‘it be-
comes more economically vi-

“able: for people to move in‘
from other areas or to open
up service businesses,” he

“And with the projected
growth rdte in the whole area
I think there ‘will be people
saying ‘there's‘a trend, so I
can set this up with some
degree of confidence.’.”

“As the major industries

me more méchanized
: they can have greatér output

substantial improvements at
the’ Cominco plant.” *30,°
Such expansion projects
{ ig in substantial

i (3 ;
population: increases caused
by skilled ‘workers who will
later “stay ‘on for other
projects that will be going on
in the area.”,' >!

“Frequently they'll stay
and pick up other, jobs with
the same company or set up
small. businesses,” he ex-
plained.

“I don't think it’s going
to be an explosive, thing,
except in pockets, with Cas-
tlegar being one of the main
pockets and possibly even

‘New Denver. or some of the

areas surrounding it,’ if the
price’ of silver stays up
reasonably well,” he said.

Communities’ | desirabil-
ity as resident locations
will be another factor in the
region's anticipated “pocket”
growth, he said. -

“For example, a number
of people are moving in for
retirement or in preparation
for retirement ‘and are buy-
ing properties along the lakes
in the Nakusp area,” Tuline
explained.

“I think, it is this’ de-

sirability of the area, the
quality’ of living, that will
have played a role. There are
going to be. pockets in ‘be-
tween that either die’ or just
remain. absolutely’, stagnant
because | they don't _ have
those ‘particular activities.”

Crown Point Hotel: ©

“An 85-year tradition

It was in July 1895 that
: &F. Peterson bought three
lots at the corner of Bay
Avenue and Spokane Street
and began construction of the
first large hotel in ‘the
pioneer mining camp of Trail
Creek Landing, *
Joined two months later
by his brother, John, Peter-
son prided If on pro-
viding ‘the traveller witha
good workman's hotel with

all the modern conveniences ;

of the da;
From the begin:
Crown Point' Hotel: became

the focal point ‘of; local civic

In operation since 1942;
Rosling-Mermet : Homes: has ’
placed in excess of 200 homes
in the area, : u

The company: initiated.
and. perfected eraning of ©

‘onto permanent foun.
dations ¢: B

tions expanding in 1978 to’.
its present North’ Shore lo-\'

cation, three miles east of

Nelzon, and also increased its

staff and equipment.

yy Rosling-Mermet staff

eredifcustomer service and

Bai sna as the’ largest’
a

province's newly-announced downtown
revitalization program, .but will even-
tually take Castlegar taxpayers’ share
of the cost to public referendum. An-:
nouncing plans for the building in mid-

‘celebrations,’ partleularly on |
‘bristmas,

say oe 4 and C!

ly danuary 1896~ the
hotel had’ grown’ to’ three
storeys with’ an annex ‘and
includeda bar and the largest
dining room in town: The
hotel was “first class in every
respect” and won praise for
the excellence of its culsine
and the quality of its accom-
modation. : 5

ning, the 3

Panding business and success
in the West Kootenay.

Residents of the region
have discovered they can
now afford well-built luxur-
fous homes ‘at low

: Prices,
Modular’ homes have under-

gone constant upgrading in .
recent years, im} their
potential ‘as investments. *'

Units come_completely

furnished ‘inside and \ out,

including appliances and such
extras as and shower

arch, Midyor Audrey Moore sald
location of the centre on the Columbia
Avenue 800 block: would “anchor”
Castlegar's downtown area and add
“something of lasting beauty" to the

city. :