Ab Castlégar News March 21, 1990 BUSINESS : March 21, 1990 Castlegar News ay OPTICAL ECONO-PACK Quality Frame ¢ Single Vision Lens * One Year Warranty FROM Qo Quality Frame * One Year Warranty KID’s-PACK FROM $89 Single Vision Lens Flat Top ‘cif mon $ 1 29 SENIOR’S-PACK With purchase of complete Zellers Optical glasses Coupon offer expires March 31, 1990 and is not valid with any other discount! 1280 Cedar Avenue 364-0111 Last year, the Provincial Revenue Sharing Program dedicated $35 million to help our communities preserve the province's abundant supply of pure, fresh water. Even more funds will be added this year Watch for upcoming announcements concer ning Where's the fire? In this case it's in van Hartson's backyard, and with hose in hand he was the fireman Monday as he burned off some dead grass that had been mashed into a thicket over the winter. — costews photo by Ed Mills McKenna presents plan FREDERICTON (CP) —- Premier Frank McKenna presented his plan to save Meech Lake today, but warned that New Brunswick won’t approve the accord unless his proposals receive broad support “Since the New Brunswick resolution tabled today contains enhancements to the accord, it cannot come into effect before the accord it- self,"” McKenna told the all-Liberal legislature. “Conversely, I cannot recommend that the New Brunswick legislature give its approval before it is clear that the ‘i have i the * A section is added to ensure sexual equality in the same way as multicultural heritage and existing aboriginal rights. * Ottawa be given the sole power to create new provinces from existing territories. Meech Lake requires unanimous federal and provincial consent. * The Senate assess regional disparities every five years starting in 1991 to answer concerns Meech Lake limits federal spending powers. © Aboriginal people be given the right to be included in future con- ituti talks. necessary degree of support.”” McKenna’s plan, which closely follows the report of a legislature committee that studied the accord, contains about a half-dozen major additions to Meech Lake and Proposes that: * The accord continue to-recognize Quebec as a distinct society, but also calls on Parliament to promote Canada’s fundamental characteristic by recognizing the existence of Fren- ch-speaking and English-speakin: © Remove the question of fisheries jurisdiction from the agenda of all future constitutional talks and deal with it only at the next constitutional conference. Meech Lake gives fisheries a permanent place on the agenda. McKenna said he would prefer to see his plan approved by other legislatures and Parliament, but would not say what constituted necessary support. McKenna tabled two resolutions in Canadians in Quebec and els _ ater. Our most precious resource. It puts tax dollars to work for all British Columbians maintaining and improving community sewer and water systems. Revenue Sharing is just one of the ways in which the province contributes to local efforts to protect our most vital resource: the one approving Meech fake and one making changes i in the so-called resolution. “*The additional measures that New Brunswick is seeking take nothing away from what has been achieved by Meech Lake,’’ said McKenna. ‘‘In- deed, in drafting our provisions, we have ‘been scrupulous to merely add and not delete."” McKenna indicated his proposal is open to suggestions, saying the come. panion resolution is not a ‘‘seamless web.”” “‘New Brunswick has learned from the mistakes of the past, and we are not prepared to accept the same doc- trinaire refusal to consider changes that has caused so much difficulty with the original accord,’’ he said. “Others who feel that they can make a positive contribution to this process will be able to do so.”” The New Brunswick proposal has been sent to Prime Minister Brian Mulreney and McKenna spoke with some ‘gmiers on Tuesday. The compatiion resolution was to be sent to other provinces today. QUEBEC (CP) -- Quebec today welcomed New Brunswick's resolution approving the Meech Lake agreement but refused comment on the Maritime provin- ce’s second motion which contains a half-dozen major additions to the deal. **We do not want to comment on the content of the second resolution because first we need Mecch Lake,’’ said Gil Remillard, Quebec’s intergovernmental af- fairs minister. “After, because we will be a full partner in this federation, we will be able to discuss a second round.”* New Brunswick Premier Frank McKenna warned today in Fredericton that his province will accept the accord only if the com- panion agreement receives broad support from other provinces. One of the additions in the second resolution provides for the continued. recognition of Quebec as a distinct society but also for the recognition of French- speaking and English-speaking -Quebec warms to N.B. Meech motions Canadians in elsewhere. Remillard—repeated several times during a 15-minute news conference that-Quebee will-never accept any changes to the clause in the Meech Lake accord recognizing Canadian duality and the province as a distinct society. Asked what signal Quebec is ready to give the other provinces that it’s ready to move to help break the constitutional deadlock, Remillard replied, ‘‘The signal is Meech Lake. “**Meech Lake is a compromise on the part of the Quebec gover- nment. For the first time, we came out with five conditions, not 22." Besides the distinet-society provision, Quebec’s constitutional demands are: a limit on federal spending powers in certain areas, a Say for provinces in the appoin- iment of Supreme Court judges, increased powers for Quebec in immigration matters, and the recognition of Quebec’s veto on future consititutional amendmen- Quebec and apt Includes: Nestled in the Forest . «+ by the Sea! 2 -night package per person including $ 1 19 meals RESORT HOTEL Store gets facelift Bonnett's Men's Wear in store reopens later this month or early April it will feature younger men's clothes as well as workwear and big-and-tall sizes to complement Bonnett’ traditional line of men's clothing. CosNews photo Job creation down in '80s OTTAWA (CP) — The ‘“‘great Canadian job machine’’ seems to be running out of steam as unem- ployment rose during the last decade, Statistics Canada said. And a growing number of women earn more money than their husban- ds, generally because their husbands are jobless or have below-average wages, the government agency said. The national unemployment rate averaged 9.3 per cent during the last decade, sharply higher than the 6.8 per cent average in the 1970s, Statistics Canada economist Michel Cote said in a new study. And the total number of jobless is Prot MONTREAL (CP) — Power Financial Corp. has announced a 1989 profit of $301.2 million or $3.42 a share, up from $157.6 million or $1.73 a share in 1988. The 1989 results include extraor- dinary gains of $99 million, in- Cluding proceeds from the sale of the corporation’s interest in Montreal Trustco Inc. as well as a gain from the issue of common shares by Great- West Lifeco Inc. The corporation's profit before ex- traordinary and other items was $202.2 million or $2.24 a share, com- pared with $161.8 million or $1.78 a share in 1988. only now falling from a peak of 1.4 million people in 1983 to about one million people, where it’ was just before the 1981-82 recession, says the study, which appeared in Statistics Canada’s Perspectives on Labor and Income. But the economy did manage to create 2.1 million new jobs during the last 10 years, down from 2.6 million new jobs created during the 1970s. “It’s fair to say that the economy has been generating jobs at a good clip and a lot of it is full-time work,”” ‘Cote said in an interview. “The performance is probably not as good as the 1970s, but we’re in completely different economic con- ditions than during the 70s."" The agency reported earlier this month the unemployment rate slipped to 7.7 per cent in February from 7.8 per centthe month before. Cote said Canadian workers are now older, better-educated and more likely to be working in so-called white-collar jobs than a decade ago. The number of white-collar oc- cupations increased 30 per cent over the last 10 years, 10 times faster than the three-per-cent increase in the number of blue-collar jobs. But the most startling change during the last decade was a huge rise its increase Earnings before extraordinary and other items for the fourth quarter en- ded Dec. 31 were $52.4 million or 58 cents a share,compared with $41.9 million or 46 cents a share for the corresponding quarter in 1988. Extraordinary and other charges were $46.6 million during the last quarter of 1989, making net earnings $5.7 million or three cents a share, compared with $40.7 million or 44 cents a share for the fourth quarter of 1988. Extraordinary charges for 1989 in- clude primarily the corporation's share of a writedown taken by Pargesa Holding S.A, announced Feb. 15. At that time; Power Financial said it would lose $35.3 million from its 1989 earnings as a result of the collap- se of DreXel Burnham Lambert Group, the New York junk-bond dealer. The loss was through Power’s 23-per-cent equity interest in Pargesa Holding of Geneva. Power Financial, whose major sub- sidiary is Great West Lifeco Inc., is a subsidiary of Power Corp. a holding company controlled by Paul Desmarais. Power Corp. is part owner of the Celgar Pulp Co. mill in Castlegar. Cleane EDMONTON (CP) — A com- pany based in Sherwood Park, Alta., has teamed up with a Soviet firm to develop and sell technology it claims could clean up the pulp and paper industry. Tigney Technology Inc., the Moscow Innovation Bank and the Soviet’s Bach Institute of Biochemistry have forged two joint ventures to make and even- tually market the Tigney wood refinery. The idea is to design and build identical demonstration plants in both the Soviet Union and Canada. The Tigney refinery process uses heat and pressure to break r process One of the components is cellulose, which can be turned into Paper, sugar and synthetic clothing fibres. The process of making paper is most commonty done with chemicals at pulp mills. The Tigney refinery is a-closed - system which the company claims produces no dangerous effluent That pleases the Soviets. ‘‘Our people don’t want to live near smoking pipes,’’ said Anatole Klyosov, a professor from the Bach institute The Moscow Innovation Bank recognizes the project could be profitable. Vladimir Vinogradov, a k down from wood into - usable components with no liquid or solid waste. for the bank, said he hopes the wood refinery will even- tually help the commercial bank touted bring valuable foreign currency into the Soviet Union. The Soviet bank has committed the equivalent of $1.9 million to the project. The Soviets and Tigney wilt ask the Canadian government and the Export Development Corp. for $5 million to build a pilot plant near Moscow The success of the plant will determine how widely the Soviets will apply the technology in their country. The Alberta Research Council gave Tigney $420,000 of tax money to build its first reactor. Funding dried up in 1986 due to lack of commercial interest, said Ted Szabo, manager of forest products research for the Alberta government in the number of women working, Cote said. There were about one million more women working full-time last year than 10 years earlier. For men, the increase in full-time jobs was less than 400,000 during the same period. And more women with families are working than ever before — two- thirds of all women with pre-school children are in the labor force. That means employers and politicians will have to wrestle with the thorny problem of providing more day care services and equal pay for work of equal value in the 1990s, Cote suggested. In a separate study published Mon- day, Statistics Canada said a growing number of women ¢arn_more money than their husbands. “‘Increasingly, it seems that wives are ‘outearning’ their husbands,’’ economist Maureen Moore said in the study. In 1987, wives earned more than their husbands in one out of every five families in which both worked. But paych¢ques were substantially smaller for women than for men who were the main bread-winners in their family. On average, women who earned the most in their family made $24,700 a year, compared to average earnings of $14,800 for their husbands. In families where men made the most money, average annual earnings for the husband were $34,500, com- pared to $12,800 for women. “Most wives become principal bread-winners because of their husbands’ relatively: low earnings, rather than because of their relatively high earnings,’ Moore said. H&R BLOCK WANTS TO SAVE yOU MONEY! With the ever-changing tax laws, many Canadians are confused as to how their income tax returns are affected. At H&R Block, we have the answers, Our specially trained tax preparers will always find you every deduction and credit to which you are entitled. Come to H&R Block this year—we’ll get you the biggest refund you have coming. Put us to work for you. Call 365-5244 Hours: Mon.-Fri., 9a.m.-6 p.m. Sat., 9a.m.-5 p.m A TIT ETE ECE I TT ieee eeeati tea CANADA'S TAX TEAM 1761 Columbia ¢ Castlegar BRITISH COLUMBIA RENTAL SUPPLY PROGRAM PHASE THREE CALL FOR PROPOSALS The British Columbia Housing Management Commission (BCHMC) invites proposals for new rental housing projects in areas throughout the Province with vacancy rates less than 2% The goal of the B.C. Rental Supply Program is to encourage Projects suitable for families and seniors, which Will remain in the rental market for a minimum of five years. Interest costs will be reduced for selected projects which meet Provincial objectives. Sealed proposals must be received by the British Columbia-Housing Management Commission no later than 4:30 p.m., Monday, May 14, 1990. Information packages are available at the following BCHMC offices, or by calling Mr. Jack Merkley or Ms. Marianne Wade at 433-1711 @ BCHMC - Lower Mainland 1701 - 4330 Kingsway Burnaby, B.C: VSH 4G7 @ BCHMC - Victoria 201! — 3440 Douglas Street Victoria, B.C. V8Z 3L5. @ BCHMC - Interior 290 Nanaimo Avenue West Penticton, B.C. V2A INS @ BCHMC - Prince George 305 — 1488 4th Avenue Prince George, B.C. V2L 4¥2 MMISSION Sune Valu Colifornia grown no. 1 fresh strawberries * limit 2 baskets per famil chase < overlimit price 29" pet basket oo. Ml + no. 1 quality beet Your satisfaction is our main concern * Canada grode A beef pay sale Ayre “SuperValv regular book price this week All cuts ere trom Conade grode A beet. This offer dows not include * freezer beet + processed bee! cuts * Are you interested in Then Selkirk College's Co-op Education De A Message to Employers .. . * Do you require productive, qualified staff? wage subsidy? © Would you like to evaluate potential career employees? What is Co-op Education? Co-op Education is the integration of academic semesters at the college with periods of related paid worl s at the I rtment is here to help. can satisfy at a reduced cost manpower requiremepts arising from vacations, special staff projects and other short term needs. Students may be available for as little as 12 weeks or as long as 1 year in the following programs: © Accounting /Finance site. An employer ice cream * limit 1 per family purchase * vanilla * neopolitan * chocolate * vanitia 2.68 evaporated milk GET ALL 4! every $25.00 in groceries pur- sesmi r| 3 bathroom 1 i ty tissue 8 roll | __ hothouse grown motors. 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Ta, Qualify: © An employer must provide work to students related to their field of study. © Provide supervision and participate in Co-op on site visits. * Complete a work term evaluation form. a llege cs Otter expares tune 141990 hhofaday peronts the more you buy, For further information contact: the more you save! CASTLEGAR CAMPUS Box 1200, Castlegar, B.C. VIN 3J1 LINDA GREEN ©9365-1228 or DEXTER MACRAE * 365-1280 donuts LO etc