BUSINESS duly 16, 1986

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oer ve ably: ok be a ‘al ay 7 Fl jaliid 1 CANADIAN Talks resume in Ssenee
ECLIPSED Weyerhaeuser strik

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7 3 United States, Forbéb suggests in its annual The company’s latest pro-
scoreboard of international

Canadian companies are shut out of the top 60
positions in the list of 500 non-American companies
ranked by the ig to in U8.
dollars in the last fiscal year. also called for the closure of

In all, Canada is home to 33 of the top 500 foreign K aa logging bapa, —
companies, putting it on par with Paris. company’s in Klamath would result in the layoffs

Canadians play a more prominent role in the United | Falls. 2,300 loggers. disorderly trating b tring
States. Representatives of Weyer- Monday's meetings repre-

The Co. Ltd. of hough 488th in| haeuser, the International sented the first time both the hallways and lobby out- Atiyeh has said he will not
the Forbes Foreign 500, remains the largest foreign Woodworkers of America sides had negotiated formally side the courtroom. intervene in the situation
investor in the United States with revenues of $31 billion | 8nd the Lumber, Production since workers at 22 Wash- Judge Rodger Isaacson unless his help is sought by
from chemicals, energy and alcoholic beverages. and Industrial Workers re- ington and Oregon Weyer- told those arrested they were both sides.

Canadian companies involved in food distribution, sumed negotiations shortly haeuser mills and logging free without bail as long as _ Contracts between Weyer-
drug stores, telecommunications and a variety of other after 10 a.m. in the Portland operations went on strike they didn't obstruct traffic haeuser and the unions ex-
products hold five other spots in the top 30 for foreign office of the Federal Media- June 16. and returned to court Thurs- pired June 1. A revised con-
Investors in the United States — two of them in| tion and Coneiliation Service, Before talks began Monday day for formal arraignment. tract offer by the company

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partnership with British and French firms. said Norman Lee, district morning, strikers who block- called for wage and benefit

The rankings, reported in an advance copy of the| director of the service. ed the entrance to a Weyer- cuts of about $4.30 an hour in

magazine's July 28 isoue, show the Royal Dutch Shell | _ Lee said the strike was the haeuser plant in Klamath county jail for processing on exchange for profit-sharing, 11:00 A.M. - 5:00 P.M.
Group of the Netherlands and Britain is the world’s| largest in the Pacific North Falls were arrested for dis- charges, i but was over
largest non-American company with sales of $31.791| west timber industry in 23 orderly conduct, said Troop- reckless driving, resisting jected by the unions.

wih — ep billion from its —

operations, it lags behind Seagram as an investor in the

rr FOR TARIFF FIGHT Hi ARROW

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wwtensersc%| Coalition seeks info | BEER & WINE STORE
operting in the United States, with U.S. revenues of $2.48
Open Every Day
Til Christmas Eve

billion from agricultural products, minerals, railway and VANCOUVER (CP) — Monday at the University of Commerce Department Canadian forestry officials
industrial machinery. Four representatives of the B.C. seeking duties of between 27 are currently filling outs a
HOURS: MONDAY - SATURDAY, 9. A.M. - 11 P.M.
SUNDAYS — 11 A.M. - 10P.M.

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Canada's largest company, Canadian Pacific Ltd.,

Foreign capital coming into the United States rose 25| U.S. Coalition for Fair Lum- “We're really not looking and 41 per cent on imports of detailed questionnaire
per cent in 1985 to almost $130 billion and the growth is| ber Imports are in Vancouver for anything more than what Canadian softwood lumber, forest policy sent by the U. $.
expected to intensify this year even though a quarter of | this week collecting data for the Canadian representatives most of it from British International Com-
the companies lost over $1.3 billion, the magazine says.| their fight for a tariff on are seeking in Washington Columbia. mission, one of two U.S.
Internationally, Toronto ranks fifth as a centre for} Canadian lumber. from U.S. agencies about our Americans allege pro- agencies now studying the
non-American corporations, having the headquarters of industry,” said Bill Lange, a vineial royalties on timber countervailing duty Petition.
17 corporations in the Foreign 500. Montreal is seventh] A spokesman would say spokesman for the coalition. are artificially low and rep- Lange said the i
with 11 corporations. only that the four are re- The coalition has filed a resent an unfair subsidy for he and his colleagues are | Large Selection of B.C.'s Wine & Beer
Tokyo leads with 99 corporations, London is second | searching forestry informa- countervailing duty petition Canadian producers. after will add to what is | . ELEGANT WARE
with 55 and Paris is third with 33. tion in braries. They spent with agencies of the U.S. Lange declined to com- collected from Canada : GLASS! “ .
Winnipeg, with the Canadian Wheat Board and ment specifically on the in- through the questionnaire. CHILLED WINES * COLD BEER
Great-West Life Assurance Co.; Calgary, with Petro- formation his group seeks, The ITC is expected to © MUNCHIES
Canada and Nova Corp.; and the Oshawa Group Ltd. © T-SHIRTS & HATS
round out the Canadian headquarters in the top 500.
‘The listings show Japanese companies picking up
even more steam. Fully 153 of the top 500 companies are
Japanese, up 16 from the previous year, and their
revenues of $1.18 trillion account for 37 per cent of the
group's total.

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gas exports

VICTORIA (CP) — A people's throats if it’s not

major natural gas export deal moving, so definitely if the oil

with California will ensure prices stay down it might

Carlin o' Keefe long-term empleyment and mean less demand for the
g activity at the gas fields in gas,” he said.

~“ northeastern British Colum- To maintain supply and

back to basics bia, Energy Minister Tony adequate reserves, Brummet

Brummet said Tuesday. said further exploration will

TORONTO (CP) — Fifteen tario brewery, has been  Brummet authorized the be carried out and another

years after a diversification appointed the new vice-presi- export of 36 billion cubic feet 200 wells will have to be

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plan took Carling O'Keefe dent of marketing. That job of natural gas annually to drilled — about 50 to 100 of

Ltd. into wine, oil and gas, had been vacant since the
the company is returning to company split its marketing
basics — beer. department into brand man
Roderick McInnes, the agement and new product
company's chairman and development sections.
chief executive officer, told Sales of Carling O'Keefe
shareholders at their annual products suffered in British
meeting on Tuesday that Columbia, Alberta and On
improving beer sales is the tario because of problems
company’s first priority. with a major expansion pro-
Although MeInnes gram in those provinces,
cautioned that it is unlikely McInnes said.
Carling will recover to the One of the products
record profit levels of fiscal Carling hopes will help it
1984, he said some stability recover lost ground is Fos.

has returned. Preliminary

ter's Lager, an Australian

Pacific Gas and Electric Co. them before 1989.
of San Francisco during the

first 15 years of a 25-year
agreement, starting in 1989. 1981
The government expects
the buyer to take about 30 HONDA CIVIC
billion cubic feet a year. The Sterling Silver
contract is worth up to $2.2 Low Miles
billion to B.C. at current gas
prices. Trade & Terms
Brummet said in an inter- es low es
view no minimum purchase is $100 Down
required under the contract,

but B.C. is guaranteed a fixed
proportion of the gas bought
by the California company,

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2-'85 Chevy '83 Lada '83 Suburban

H Cavaliers 1600 Sedan Diesel, one owner
July Home Fashion '85 Dodge '83 Malibu '82 GMC 4x4

Omni, automatic Stationwagon 4-speed, exceptional
'85 Lada Signet | '82 Honda 2-'79 GMC % T.

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6000, 4 dr. sedan Skylark, many options SWB. Van

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98 ail 2 compared with $1.2 million in
5 ge iy ¢ the same period last year.

$ After the recent sales of
Jordan and Ste-Michelle
Wines Ltd. and the rights to
the Carling and Black Label

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serie file BH 3 By n figures show Carling made a beer made under licence. He which also buys from Alberta :
3 Ape 1 ae 5 profit of $5.6 million in the said Foster's will be launched and U.S. suppliers.
igi 4 . three months ended June 30, in B.C. and Alberta this year. “You cannot ram gas down

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everything in the brewery is
back in shape, except mar
keting,” said McInnes after Feature Item

s Feature Item Feature Item
wearing will invest more | | TABLE GROUPINGS CERAMIC TILES WINE TABLES

than 50 per cent of its efforts oe ‘est ° vour $

in marketing, he said. pie) $53 Stock 60 % Of Choice eo. 30
McInnes said Richard

Seully, president of its On

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