_BUSINESS HOMEGOODS FURNITURE WAREHOUSE Tues.-Sat., 9:30-5:30 China Creek “Drive a Little to Save a Lot” for your Mom Toe Rod Calgary's Fun Hotel Just RYGSO: wei this ad Special price until June 30tt, 1987. Families deserve a fun break. And the fun's fantastic at the Port O’Call. Indoor pool, Jacuzzi. Steam room, Sauna Health club. Racquetball. In-room movies. Good restaurants. The Port O'Call’s a great break for Mom and Dad, too Craveniensty located just five minutes from the Interna: tional Aisport, Near major Calgary attractions like the Zw and shopping centres. See the Winter Olympics facilities Fancily Pass for Our Guests to Village see, Leisure Centre ONLY $9.10 (regularly up to $14.00) Huge wave pool! Seven water slides! Gyms, weight rooms, steam baths, hot tubs and more’ Just five minutes from the hotel CUP THIS AD FOR MOM AND DAD! THEY'LL ENJOY THE SAVINGS AND THE BREAK, TOO! sian seaae ol 1935 McKnight Blvd. N.E., Calgary T2E 6V4 TOLL-FREE RESERVATIONS: 1-800-661-1161 INFORMATION: (403) 291-4600 spacious room with rollawag ifr NTT Tee o '86: Tourism sur VANCOUVER (CP) — The onehiaton, has faded and the financial hangover still remains, but one year after Expo 66 opened tourism is surging in the fair’s wake. It was a world’s fair billed as.one of the best.and it gave the city and the province something to boast about. Expo's other benefits, yague even before the fair, seem more transitory than ever, while its drawbacks are most vividly portrayed to the whole city in the crumbling buildings and desolation of the False Creek site. Expo left British Columbia with one intangible although significant benefit, says Tourism Industry Association of B.C. spokesman Graham Bell: Self esteem. “Expo pulled us up,” he says. “Before Expo, I think British Columbians tended to think of themselves as second-rate. “I have noticed a change in attitude in the last year. We did a good job. Péople liked us. We were looking eye to eye with the rest of the world and came out on top.” brought fame and the famous to Vancouver but the fair, which closed in October, aiso had its secrets. Mystery surrounds the true cost of the fair, with a deficit officially pegged at $349 million. Charges have been made by a former B.C. Place vice-president that spending was transferred to other Crown corporations, specifically B.C. Place. “Think the (Depo Ae was ney well pent to wet « return in inv it like that.” But Allen said’Expo did nothing to boost foreign investment in B.C. — one of the government's And financial figures released by the gt and those maintained by Expo are at odds. A change in bookkeeping methods half-way through the fair is the only answer remaining Expo staff offered when queried on the discrepancies. Whatever the cost of Expo to the taxpayers, Richard Allen, chief economist of the B.C. Central Credit Union, says the money was well spent in terms of the $1.5 billion investment it generated in B.C. Besides the Expo Corporation's published- expenditures of $685 million, the federal government spend in excess of $265 million, and the B.C. pavilion costs were about $75 million. Corporate sponsors and corporate, provincial and national participants are estimated to have spent another $500 million. “Most of that money came from the private sector, the federal government and other countries,” said Allen.. for the fair. 5 are not ‘wooed by. a fair in the first place, he suggested. STILL KING “THE ROAD *iMbtdit ccsuhybhra,T'¥e gutted baubh there feet sedi in this kind of travel. There's a limit to how much one can walk around Europe looking at pensions and cheap eg igen 8 he said in an interview. FINANCIAL PLANNING THAT tours Geahtanidbns Oak “edad to TE mecca See, Shek as Tanzania. You only pay the driver — and buy enuetattee to cook, It's closer to the classic safari.” TOURISM Tourism, which last year secured its position as B.C.’s second largest revenue producer and leading employer, is turning out to be the fair's main legacy. While nobody is expecting a repeat of 1986 this year, figures for the first'two months of 1987 show the number of visitors is above 1986 levels, the last normal year. Most people in the industry credit Expo. “We are now noticing more inquiries for 1988, '89 and "90 which we are attributing to the positive boost Expo , gave Vancouver's image,” says Dennis Forrestal, president of the 26-member Vancouver Hotels- Association. “We are now known as a destination; as a place where you can host a convention.” Union wants to buy WKPL The’ union representing B.C.’s operating engineers would like to buy West Koot- enay Power and Light. At a news conference Fri- day, the union said it had written a letter to Premier Bill Vander Zalm asking him to re-open the hearing? into the sale of the electric utility which serves southeast B.C. Cominco Ltd., which owns West Kootenay, has agreed to sell the utility for $80 million to UtiliCorp United Inc., of Kansas, Mo., subject to regulatory approvals. The B.C. Utilities Com- mission, which held hearings into the sale, is expected to give its decision on the sale later this month. “We've told the premier that West Kootenay is es- sential to the growth of the region it serves and we feel it should be owned by people with roots in the area,” said Jack Whittaker, real estate investment manager for the pas A . KIWANIS Last Pick-up Date, Fri., May 8 AUCTION DATE: SAT., MAY 9 In the Old Kootenay Builders Location Ne. :t to Downtown ceca ea | AUCTION Donated Items are urgently Needed For Pickup of Your Donated Items Please Phone: Andy 365-6814, Pat 365-7127, Merv 365-5720 's’_pen- sion fund. “We have assets of $150 million and could close the acquisition very quickly,” said Whittaker. Cominco spokesman Don Townsend said: “The com- pany has been sold to Utili. Corp United and there was ample opportunity for any- body interested in making a bid at the appropriate time.” Introducing Kootenay Savings’ T-Bill Ac- MINOR SPORTS Sure, we're interested! Phone the Castlegar News for details on how to get rts of your organization onto the sports pages: 365-3517 aa SS A Sound New Investment ACCOUNT CFI reports record $6.8 million profit Strong market prices, improved pulp production and cost reduction programs contributed to record sales and earnings for Crestbrook Forest Industries Ltd. in the first quarter of 1987. Sales for the first quarter amounted to $54.8 million compared to $40.5 million for the corresponding period of 1986. «“We are particularly pleased to report earnings of $6.8 million or 89 cents per share compared to $465,000 or six cents per share for the first quarter of 1986,” the company said in a prepared release. 1987 first quarter sales were comprised of $29.4 million (lumber and plywood) and $25.5 million (pulp), while respective 1986 figures were $24.9 million and $15.6 million. “Markets for all of our products were good during the first quarter,” Crestbrook said. “Pulp selling prices reflect improved market conditions and the tight supply-demand situation. Prices were listed at $550 US per metric ton throughout the first quarter. Price increases of $25 US to the domestic market and $35 US to the export market were announced for the second quarter. of 1987. “Lumber prices remained firm during the quarter, however the return to the company was substantially reduced by the 15 per cent lumber export tax introduced in January, 1987. The continuation of this tax will become more burdensome as lumber markets weaken.” The United States is an important marketplace for Crestbrook. In 1986, about 95 per cent of the company's lumber production and-65 per cent of its pulp was destined to American customers. “The strengthening of the Canadian dollar, relative to the U.S. dollar, will adversely impact on the company's earnings and competitiveness in the American market. Each one cent change in the exchange rate impacts approximately $500,000 on the company’s after-tax earnings,” Crestbrook said. Taiwan exports increase TAIPEI (REUTER) — western Europe and Japan, Fear of U.S. protectionism, which has been prompted The U.S. House of Repre- Euro-Asia Trade Organiza- . By KILEY ARMSTRONG NEW YORK — The king of the road is still on the go. But there's one fact Arthur Frommer has trouble facing on. the 30th anniversary of his book, Europe on $6.a Day. “It’s Europe on $25 a Day now,” he said, but he still thinks of it as $6 a day. “Every time I had to change the title, it was like a physical blow.” still jets to other continents the way some people commute to the suburbs, However, he also wedges in time for his wholesale tour company, lecture circuit, cable television show and syndicated column. A graduate of Yale University Law School, he has been stretching the travel dollar since 1955. As a 28-year-old army corporal, he published The GI's Guide to Travelling in Europe, which suggested a budget of $1.50 a day. ‘Is the $5 day lost forever?' Europe on $5 a/Iay was born in 1957. The title was “changed to Europe 9 $5 and $10 a Day about nine years up in $5 increments every few years we e current Europe on $25 a Day. GONE FOREVER? Is the $5 day lost forever? “You could go to North Yemen,” he said with a smile. “But why would you?” For decades, Frommer's hallmark has been youth hostels and pensions, his books directing droves of mostly college-age backpackers. Hostels have dropped their age limits and oljer travellers are now expanding their options. Frommer says even conservative middle Americans are flocking to his newest area of expertise: alternative or participatory travel. His column gives them tips on “utopian communities,” Third World tours run by Texas nuns, yoga ashrams, zen macrobiotic centres and voluntary work camps in Israel. Olympic pins worth $250,000 CALGARY (CP) — Laurie _The licensees are one part swapping is another option, and the new Europe on $25 a Day also lists some families who play host to tourists. Alternative travel fits Frommer's philosophy of immersing travellers in their host country's culture. The way many people travel is “trivial by nature: hopping around to look at the Eiffel Tower, oblivious to the social institutions, the culture. That is not travel,” he said. TAKE IT FURTHER “Take it one step further and make it more vital. If you're going to the Far East, spend a half hour reading about Buddhism before you leave.” While Frommer admits to staying in deluxe hotels during business meetings, he still prefers the budget route while vacationing. “I regard the life of hostels infinitely more interesting, with adventurous, open-minded people,” he ys. When is work requires him to understand the feelings of a first-time traveller, he heads for Eastern Europe, where all the rules are different. “I went to East Berlin recently and I felt apprehensive. I thought, ‘My Lord, that’s the way my readers feel when they’re in London or Paris.’ ” CHECKS UP Frommer, assisted by one full-time employee in Austria, goes back to each restaurant or lodging house every two years to make sure it still fits the book's standards. He’s aware that a reviewer's praise can trigger an onslaught of tourists that can often kill an establishment's charm. “I used to turn h and call an h “The leading pension in Rome.’ Now, I deliberately check myself from being too enthusiastic and singling one outs he said. He's also held back a few for his own perso enjoyment. The list of new hot spots that he’s willing to talk about includes Rio de Janerio, Buenos Aires, Belgium, West Berlin, Minneapolis and New Mexico. MAKES YOUR MONEY ORK.AS HARD AS YOU DO Come see us at Kootenay Savings and we'll show you what Personal Financial Planning can do for you. How it can help you gain control over your financial life. How it can give you a feeling of confidence about the future. How affordable it can be. And how easy it is to do. 2" ons is free and there's no obligation. So make your appointment today. Call us or drop in to any one of our branches. You'll be glad you did and we'll be glad to help. Trail - Fruitvale - Castlegar - Salmo South Slocan - Nakusp - New Denver - Waneta Plaza - Kaslo which threatens to curb Taiwan's exports to its larg- est market, has boosted the island's trade with Japan and Europe. Government officials and business leaders said the fear has given added momentum to Taiwan's export drive to mainly be favorable exchange rates. “In some ways, protection- ism is a blessing in disguise for Taiwan,” sais Wang Chaoming, vice-chairman of the Council For Economic Planning and Development. Exports to Europe jumped 72 per cent to $1.62 billion US and to Japan by 42 per cent to $1.31 billion in the first quarter of this year compar. ed with the same period last year, official statisties show. The United States, which takes about half of Taiwan's total exports, is demanding that the government on the island appreciate its currency and further open its markets to U.S. goods and services as a way of cutting Washing- ton’s huge trade deficit. The deficit with Taiwan was a record $13.6 billion last year against $10.2 billion in 1985. Fears of protectionism heightened last month when President Ronald Reagan an. nounced retaliation against Japanese imports in a dis: pute over semi-conductors. OTTAWA (CP) — The Conservative government should guarantee delivery of first-class mail in the event of a national postal strike, says the Canadian Federation of count, a premium investment savings account for people who are serious about their savings. Now you can enjoy investment-level interest rates and still enjoy the ease and convenience of a regular savings account Premium Interest Rates... Open your Kootenay Savings T- Bill Account and you'll receive investment-level interest rates on balances of $10,000 or more And if your balance falls between $5,000 and $10,000, you'll still re- ceive regular savings rates All interest is calculated daily and paid monthly. Rates are set weekly and are based on the Bank of Canada rate Trail * Fruntvale + Salmo Castlegar * South Slocan Kootenay Savings Credit Union Where You Belong ‘einen eS .-With Savings Account Ease and Convenience Unlike other large deposit investments, your funds are not locked in with Kootenay’s T-Bill Account. In fact, you have 24 hour access to your money through Automatic Teller Machines. As well, you get two free withdrawals every month, and regular monthly statements showing all your transactions Call Us Today. ¢ If you’re serious about your savings, call us today. After talking with one of our representatives, we're [) sure you'll agree that Kootenay Savings’ new T-Bill Account is the sound investment for you. Nakusp + New Denver Waneta Plaza + Kaslo Independent Business. The lobby group told a Commons committee Tues: day that neither the economy nor Canadians as_ indivdi duals should have to endure the impact of a strike without at least some mail getting through. Postal workers should be stripped of their right to strike or substitute postal sentatives approved that tion. week a trade bill that would require Washington's trade partners to ease trade bar- riers and reduce surpluses or face 10 per cent annual cuts in imports to the United States until 1992. Taiwan's government said it believes the tough bill, which needs Senate appro- val, is directed mainly against Japan, Taiwan and South Korea. Taiwan's currency has ad. vanced by about 19 per cent against the U.S. dollar since September 1985 while the Japanese yen has apprecia ted by more than 40 per cent. Major European currencies have also appreciated faster against the U.S. dollar than the Taiwan currency has. The result is that Taiwan's exports — mainly textiles, machinery, electronics, foot- wear and toys — have be- come more competitive in Japan and western Europe. “We expect our exports to Europe and Japan will con- tinue to rise this year,” said Chang Chia-piao, a spokes- man for the semi-official workers and private couriers should be allowed to process first-class mail if a strike oc- curs, the federation said. The last national postal strike was in 1981 and lasted 42 days. All postal unions, including those representing letter car- riers and mail sorters, are bargaining new contracts with Canada Post. Winnipeg MP Dan Me Kenzie forecast last week the Tory majority on the all-par ty committee will ask the government to consider a ban on postal strikes. He said his organization will send a trade mission to France, Sweden and Italy next week. Taiwan will also increase its representation in all major European trade fairs this year. A trade official said the government will continue to help businessmen promote exports to Japan by taking part in trade fairs in Tokyo, Osaka and Nagoya this year. Industry representatives said many exporters believe it is no longer safe to rely so heavily on U.S. markets and are diversifying to protect themselves. “Many textile exporters have started aggressive ex- port promotion campaigns to Japan and Europe to boost their sales there,” Charles Chen, a spokesman for the Taiwan Textile Federation, said. “Japan and Europe are potential markets for our businessmen,” a spokesman for the Taiwan Footwear Makers’ Association said. “We can't afford to overlook them.” Small business group wants mail guarantee Jim Bennett, vice-presi dent of legislative affairs fox. the 76,000-member federa. tion, said the last national postal strike cost the econ omy $3 billion, a calculation based on 1,242 responses to a questionnaire. The Canadian Union of Postal Workers has accused the federation of exagger ating the findings by apply ing a small, biased sample to the economy as a whole. Bennett said the 76,000 businesses belonging to the federation suffer enormously when mail strikes occur. SAVE UP TO $30 SANDMAN’S SUMMER SAVINGS PACKAGE MAY 1—NOVEMBER 30, 1987 “HOTELS & INNS THE RIGHT PRICE IN THE RIGHT PLACE 1944 COLUMBIA — 365-8444 Available on regular rack room rates only, Rates subject provincial tax where applicable. Some restrictions apply to coupons. Artiss doesn’t collect lapel pins, but he knows an awful lot about people who do. One thing Artiss, presi- dent’ of Dominion Sports Marketing “Ltd:," knows” is ” that collectors go wild over Olympic pins. That's why he was willing to pay a minimum of $250,000 for the right to be the only licensed maker of lapel pins for the 1988 Winter Olympics in Calgary. “I think we are the single largest licensee as far as our guaranteed royalties to the Olympics,” he says in a deep, booming voice. “And so it should be, be- cause the lapel pin is prob- ably the single most signi ficant (licence). It’s almost like an extra sport in the Olympics, the collecting and trading of lapel pins.” Actually, if you're an Olympics buff, there's a heck of a lot more to collect than just pins. SHOW WARES At a recent trade show in Calgary, about 40 official li- censees showed off their Olympic wares. The items include standard souvenirs such as key rings, bottle openers and beer steins; clothing items such as sweaters, fringed western shirts, cowboy boots and to- ques; and other odds and ends: The newest licensee is Skating Star Barbie, Mattel's buxom, foot-tall doll. What the 40 licensees get for their money is the right to use the official Olympic rings, the Calgary Olympics snow of a three-pronged strategy to pull $75 million of cor- porate support for the Olym- pics. Sponsors and suppliers form the other prongs. CREATE PRODUCTS In contrast to the sponsors and suppliers, who buy an exclusive right to sell their existing products or services at the Olympics, the official licensees purchase the right to create new consumer products capitalizing on the event. Artiss, for instance, ex pects to sell up to four million Olympic pins at about $5 apiece. He also has deals to produce customized pins for about 30 of the official spon sors and suppliers. Some companies expect to capitalize on the Olympics even before the begin. Art Krause, head of Tor. onto-based AMK Souvenirs, has the right to make 10 Olympic trinkets. But he also has deals with many other licensees to get about 150 different souvenir products on store shelves across Can. ada. He won't disclose his sales projections or how much he paid for the licence. But it's obvious from his smile that he plans to make a lot of money from his Olympic in. volvement. “My view is that the 80-20 rule will apply,” says Krause. Province of British Columbia ROYAL COMMISSION ON ELECTORAL BOUNDARIES Order in Council No. 690 SCOPE AND PURPOSE A Commission has been issued under the Inquiry Act appointing the Honourable Judge tbigsttea Kemp Fisher as Commissioner to inquire into the composition of those Electoral Districts that now return two composition of the Electoral Districts that are contiguous to those Electoral Districts that Ce ne Soo two members, and to carry out and into the flake logo and mascots Hidy and Howdy on their prod Olympic organizing committee expects to receive a minimum of $1.5 million for the licensing program. Li- censees guarantee the organ izers 10 per cent of their rev enue. “The overwhelming view of the licensees is that they are going to beat their own projections,” says David Shanks, general manager of corporate relations for the organizing committee. Save $$$ Connie 365-7601 On Your Ciesming © Bil Joyce 365-3091 New or freshly cleaned ¢ ditoned, with 'e-CF “i oy, Our hostess will bring gifts and greetings, along with helpful community information. longer GreSen, uphotrery ond core Free Estimates 365-5912 or 364-2223 the other duties hereinafter set out. The C shall his ing with a view to reco' g the g one ber to the L A bly, to replace those that now return two of new to the L Districts, each The C has been to have regard to the following factors: (a) The principle of the electoral quota, that is to say, the q pel per intel bad teil : figures of b the claims for ) () Special regions or the size or shape thereof; (@ Special of the ot p (@) The need for a of Those Electoral Districts that could be by the Cr vdations include: CONTIGUOUS PROVINCIAL ELECTORAL DISTRICTS CURRENTLY RETURNING ONE MEMBER Cowichan — Malahat Alberni Comox CONYGUOUS PROVINCIAL PROVINCIAL ELECTORAL ELE RAL DISTRICTS DISTRICTS CURRENTLY CURRENTLY RETURNING RETURNING TWO MEMBERS ONE MEMBER 1. Boundary — Simitkameen Yale — Lillooet Okanagan North Rossland — Trail PROVINCIAL ELECTORAL DISTRICTS CURRENTLY RETURNING TWO MEMBERS 8. Nanaimo McKenzie Okanagan South Yale — Lillooet Okanagan — North Burnaby — Willingdon goNew Westminster ineca Prince George South Yale — Lillooet Richmote -""p! ¢ Central Fraser Vatley Chilliwack a . ‘Saanich and,the istangds Detta Surrey — Guildtord ae 2 — Whalley a ‘Surrey — Newton Surrey — White Rock — Cloverdale frew ‘Cowichan — Malahat Oak Bay — Gordon Head West Vancouver — Howe Sound North Vancouver — Capilano North Vancouver — + Vancouver Centre Surrey — Guildtord — Whalley Vancouver East North Vancouver — Seymour ‘Bumaby North Chilliwack Burnaby Willingdon Yale — Lillooet Prince George — South ‘Shuswap — Revelstoke Vancouver Little Mountain Vancouver South Bumaby — Willingdon Vancouver — Point Grey Surrey — White Rock Cloverdale Surrey — Guildford Victoria Esquimalt — Port Rentrew — Whalley Oak Bay — Gordon Head HEARINGS Public Hearings will be held in those Electoral Districts that currently return two members. The date and location of such Public Hearings will be advertised 9 the first The first g shall be only to receive the formal documents constituting the Commission and will be held at 10:00 a.m. on Friday, May 15, 1987 at: Windsor Room Hotel Georgia 801 West Georgia Street Vancouver, British Columbia SUBMISSIONS INVITED and are invited to submit written briefs. Those delivering written briefs should indicate whether or not an oral submission will also be made. Written briefs are requested on or before June 12, 1987. Forward written briefs to: The Honourable Judge Thomas K: Fisher Commissioner 580 - 625 Howe Street Vancouver, British Columbia vec The Commission will also receive oral at Public + to be heid on dates and at locations to be announced. Aji enquiries should be directed to Mr. Terry Julian, Chief Administration Officer, at 580 - 625 Howe St., Vancouver, B.C. V6C 2T6. Telephone: 660-4169.