c Castlégar News December 10. 1986 Lower rates proposed OTTAWA (CP) The major telephone companies in Canada said Tuesday they want to cut long-distance rates anywhere from four per cent to 15 per cent next year, but the Consumers Associ ation of Canada is waiting for the other shoe to drop. Telecom Canaa, an associ ation of 10 domestic tele. communications companies including Bell Canada, said its members will seek regu- latory approval next year to cut the cost of long distance dialing by $65 million a year or six per cent on average Depending on various re quires regulatory approvals, a lower rate schedule could start to go into effect as early as July 1 Although Bell is regulated federally through the Can adian Radio-television and Telecommunications Com- mission, Telecom's other phone company members such as British Columbia Telephone and Alberta Gov- ernment Telephone are un. der provincial authority. Under the rate schedule Telecom has in mind, the cost of a phone cal! from Toronto to Calgary would drop 15 per cent to $4.70 for -a five minute period from $5.25, said Don Doucette, a Tele. com Canada spokesman A five minute call to Ot- tawa from Saint John, NB would drop four per cent to Commerce profits fall of f TORONTO (CP) The Canadian Imperial Bank of Commerce, the country’s third-largest bank, reported net income of $341 million for the year ended Oct. 31, down $20 million from the previous year. Net income per common share, ona fully diluted basis, fell to $2.23 from $2.66 in the previous year, the Commerce said “The primary cause for this drop is a 15-per-cent increase in the average num- ber of common shares out- standing during fiseal 1986 as a result of a common share issue,” the bank said. Fourth-quarter earnings fell to $97 million from $101.4 million a year earlier. “I am pleased that earn ings targets a statement. He cited a number of fac tors that put pressure on earnings, including the dramatic drop in world oil prices and a substantial in crease in the provision for loan losses, which rose $140 million to $635 million $4.10 from $4.25. A call for the same period from Cal gary to Halifax would drop 10 per cent to $4.70 from $5.25. SEE GOOD NEWS association's director of com- munications. David McKendry, the asso- ciation's director of regulated industries, said 85 per cent of Telecom pi Frank Degenstein said his member companies believe the prop- osed reduction will help Canadian businesses be more cost competitive. The de creases would also be good r 3 would likely wind up paying more for monthly telephone ser- vice because ' tong-distance service currently sub-sidiz- es local rates. Since 1984, four major sub- , he said, because among the heaviest long distance users in the world. About half of Telecom's revenue comes from residen. tial callers. But the Consumers Asso ciation of Canada is not im pressed because it believes residential subscribers would likely wind up paying more through basic service rates. “The other shoe is going to drop in that local residential rates are going to go up,” said Richard Garlick, the leph i Bell, B.C. Tel, AGT and Maritime Telephone and Telegraph, have sought what is known as rate rebalancing, in which local rates would gradually be less subsidized by long- distance revenue. “I think it is rather mis- leading for Telecom to focus just on long distance,” Me- Kendry added. When Bell first appeared before the CRTC on rate re- balancing on Sept. 1, 1984, it proposed a rate schedule in which local service in Ottawa would rise by 281 per cent Answer to Sunday Crossword Puzzle No. 238 N IEIRIA Answer to Sunday, Dec. 7 Cryptoquip: GOOD, MUSCULAR STRONGMAN WAS HIRED AT CIRCUS, NOW HE CARRIES THE WHOLE SHOW G SPECIALS Westerner Seat Covers 10 ore ASSORTED TOOLS ON SALE! Gg SuUmeen TOE Al 1807 COLUMBIA AXENUE CASTLEGAR ¢ 365- ifting at its “Bes Its “best Make him happy this Christmas, choose a gift from Bumper to Bumper you for it! He'll love RT SSIONALS Sheraton-Spokane FOR RESERVA N 322 Spokane Single or Double Occupancy Canadian Currency at Par Your Special Includes. . . Deluxe accommodations Welcome glass of champagne Elegant dining in ‘'1881' and - Valuable Discount Shopping, Coupons tor Downtown Stores You must ask tor the Holiday Shopping Spree to receive this special rate TIONS © ALL YOUR LOCAL TRAVEL OR TOLL FREE 1-800-848-9600 Sheraton-Spokane Hotel (S) The hospitality Falls Ct. * Spokane. WA 9920 at 20% discount AGENT people of ITT 1 © (509) 455-9600 BUSINESS DIRECTORY TELEPHONE 365-5210 drccoswtite concorde ccen be for the Casth News Dec. 30 for the month of January. MOROSO, MARKIN & BLAIN CERTIFIED GENERAL ACCOUNTANTS 241 Columbia Ave. Castlegar Ph. 365-7287 Brian L. Brown CERTIFIED GENERAL ACCOUNTANT 270 Columbia Ave. Casti Auto Rentals AVIS Vehicles Available to ICBC Claimants LOCATED AT Castlegar Airport Terminal end Adastra Aviation — 365-2313 Carpet Cleaning ENTERPRISES ROTARY-JET STEAM EXTRACTION (TRUCK POWERED) UPHOLSTERY CLEANING WATER & FIRE DAMAGE CLEAN-UP SPECIALISTS 365-6969 CLEAN-SCENE | Ph. 365-2151 SOLIGO, KOIDE & JOHN CHARTERED ACCOUNTANTS 615 Columbia Ave. (Upstair: Castlegar Phone 365-7745 Henry John, B.Sc. C.A Resident Partner Appliances Call 365-3388 * All Brand Nomes Serviced * All Parts Stocked © Rebuilt Timers: * Used Applionces ond Consignments * Coi-Operated Machines * Industrial Loundry WE ASO SERVICE + KENMORE» INGLIS * HOTPOWN! © ETC CASTLEGAR PLUMBING & HEATING LTD. 1000 Cotumbie Avenve 345-3308 EASY-FLO BUILT-IN VACUUM 4 SYSTEMS Rote No. | SR © Eficent r =a © Tremendous Cleaning Power K.C. OFSTRIBUTING (PAT PICTON) 365-7497 Appliance Rentals TIRED OF LAUNDROMATS? And do your wash af home For your convenience other opphances ore also ava:loble for rent such os ranges tridges dishwoshers microwaves ond dryers For more information call or drop SSELL CTION Hwy. 3A, Throms Buy oF Sell by Auction * Economical * Removes even Stubborn Stains * Carpets Draperies & Upholstery Cleaning Call 365-3912 364-2223 or Computers KOOTENAY INF South Slocen Junction 359-7755 “*How are you feeling?” Office Equipment THE STORE THAT HAS IT ALL NM ORAPERY! Gwen Kissock In-home drapery estimates no charge. no obligation Commercial or Residential 9 305 30 Tues to Sot Bus. 365-3515 Res. 365-4880 1434 Columbie Ave.. Castiegor T.F. ELECTRIC LTD. * Contracting * Maintenance * Consulting * Closs A ESTIMATING & SALES CALL 365-8028 KOOTENAY OFFICE OUTFITTERS LTD CANON —— Copiers, Typewri Word Processors LORNE VE Phone 368-3644 o Optometrist J.T. (TIM) ALLEN B.Sc.O.D OPTOMETRIST No. 2 - 615 Columbia. Castieger 365-2220 or 366 Boker St.. Nelson 352-5152 ALL TYPES OF COMMERCIAL PRINTING * Letterheads * Envelopes * Brochures * Rattle Tickets Castlegar News 197 Columbie Ave Concrete WEST K CONCRETE LTD. PIPELINE PITT RD. CALL PLANT 693-2430 CASTLEGAR 365-2430 KINNAIRD TRANSFER Concrete Gravel Road Gravel Drain Rock Bedding Sand Fill, Gravel or Sand Topsoil Call 365-7124 DR. C. COX Family Dentistry Orthodontics We like Children! Metaline Falls 509-446-4501 399-4793 CASTLEGAR FUNERAL CHAPEL Dedicated to kindly thoughtful service COMPLETE FUNERAL SERVICE Cremation, Troditional Burial and Pre Plan aM L Leckey 8.S.0.D. OPTOMETRIST 1012 - 4th St Castlegar PHONE 365-3361 Tues.-Fri. 9 a.m.-4:30 p.m Saturday 9.a.m. - 12 noon Available Granite, Bronze Memorials Cremation Urns and Ploques Phone 365-3222 Moving & Storage ~ WILLIAMS — MOVING & STORAGE 2337-6th Ave., Castlegar Invite you 10 call them lor @ free moving estimate representative teil made Williams the most respec ted name in the business Ph. 365-3328 Collect moving CHANG’S Nursery & Florists Ltd. A complete nursery stock! Tropical Plants i Fertilizers Gerden a = Supplies 8 Equipment COMPLET RESIDENTIAL & COMMERCIAL LANDSCAPING SERVICE 365-7312 Plumbing & Heating BARTLE & GIBSON The Plumbing & Heating Centre American Standard Valley Fibrebarh Jocuzz: * Crane Duro Pumps & Sotteners PVC Pipe Fittings Septic Tonks Electrical Supplies 365-7702 2317 - 6th Ave Costiegor AL’S PLUMBING 365-8223 ALL TYPES OF COMMERCIAL PRINTING * Letterheads * Envelopes * Brochures * Raffle Tickets etc., etc OFFSET & LETTERPRESS. WEB PRESS FACILITIES Castlegar News 197 Columbie Ave 365-7266 THE COLANDER SPAGHETTI HOUSE Specializing in Italian Cuisine ‘A Troil Tredition™ Dinner 5 to 9 every day. Lunch 11:30 te 2 week days. For Reservations Phone 364-1816 1475 Cedar Avenue COLEMAN COUNTRY BOY SERVICE Sump & Septic Tank Pumping PHONE 365-5013 3400 - 4th Avenue Castlegar Tree Service Reasonable Rotes 365-2710 357-9930 tea Estimotes Want to make a little money goa long way? Try Business Directory Advertising! PUBLISHER The Castlegor News is published by Castle News Lid Mail subscriptions rate to the CASTLEGAR NEWS is $33 per year in communities where the post office has let ter carrier service). The price on newsstands 1s 60¢ for each edition. 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The FINANCING Available sa//A) ae) ith +1000 On ‘86 STELLAR Factory Cash Rebate Pony’s Left with $750 Rebate.| Models Only SF Wednesday December 10. 1986 Supplement to the C