1983 with a profit in excess of $200 million and fiow LeClair is understandably bullish, “The problems at Canadair and de Havill . always Ltd., former owner of the Cast shipping line. Revenue in 1983 included $220 million in interim payments that Ottawa paid CN Rail to reduce its huge grain- hauling losses while Parliament debated how to replace the make headlines,” he said during an interview. “Well, we have a Crown corporation that’s making a hell of a lot of profit.” We won't know until March whether last year's earnings bettered CN's record profit of $208.2 million in 1979. Gi Pass rate. Freight traffic rose 11 per cent, mirroring the economic recovery, but CN Rail could only raise freight rates by an average 3.6 per cent. a majority of the work force, received a eke-per-cont wage incredse, so operating profit stagnated. CN Express lost money again — about $25 million — as did Grand Trunk Corp,, CN’s~ wholly owned U.S. rail MILLIONAIRE’S SUCCESS DUE TO HARD WORK LONDON, ONT. (CP) — The maxim about nothing being as important as good old-fashioned hard work applies well to Kan Lam. The 45-year-old Chinese immigrant had just his hands and boundless ambition when he came to Canada 16 years ago. Yet he's built a fledgling company into « multi-million-d: facturer with throughout Noa America. His company Lamko Tool and Mould Inc., is a family business. In addition to Kan, partners are brothers Fu, 34, and Tom, 32, both vice-presidents, and Mo, 38, secre- tary-treasurer. A fifth brother, Sun, 36, is a mould- maker in the plant but not a partner. Kan’s wife looks after the front office. In the plant, skilled tool-and-die makers work amid the clanging and scraping of metal, as they shave, grind and polish huge blocks of steel. The blocks of metal are formed into moulds for P' and plastic i machinery used to make a variety of plastic parts for the automotive, electronics and other industries. The moulds cost between $5,000 and $500,000, with the biggest produced so far in the Lamko plant weighing 12 tonnes. President Kan Lam said 60 per cent of company production is for the car industry, with the rest going to a variety of companies making parts such as iers, furniture, toys and appliances. SURVIVES RECESSION Unlike other manufacturers supplying the car indus- try, Lamko survived the 1981-82 recession and has continued to grow and prosper. When the recession hit and demand for automotive tooling fell off, Lamko diver- sified into making moulds for business machine and electronics manufacturers. Lam said sales this year will hit $4 million and are expected to reach $8 to $10 million by 1986. In fact, business is so good Lamko plans to expand its plant this spring at a cost of more than $1.5 million. What's the secret to the company’s success. “We're a young company but we have a good reputation in the market,” Lam said, adding the firm stresses producing high quality products and giving good service. That has been Lam's credo since he came to Canada from Hong Kong in 1967 and worked long hours at a Windsor tool company. Each year he sponsored one of his brothers to immigrate. In 1970, he moved to London and worked for another toolmaker before starting his own business. In 1976, Lam and two partners. started Chisco Moulds in London. Chisco, Lam recalls with a chuckle, was a contraction of the words Chinese and Scottish — the partners’ nationalities. That partnership lasted about three years. In 1979, the Lam brothers formed Lamko and they've been grinding away ever since. Calgary to boom from Olympics CALGARY (CP) — The 1988 Winter Olympics will be a business bonanza for Cal- gary, pumping millions of dollars into the economy in the years leading up to the Games and beyond. Besides the money spent on sizable construction proj- ects for the Games, commer- cial exploitation will produce countless business opportun- ities. Organizers are struggling to balance the need to pre- serve the Games’ image with the desire to turn a dollar on the big event. Even four years before the Calgary Olympiad, the money side is important. “Maybe this is the only key megaproject we've got left,” said David Shanks, the or- The Games will cost an es- but Shanks said the economic impact could be many times the actual cost. He said the 1984 Summer Games at Los Angeles will cost $500 million and are ex- pected to generate $3.3 bil- lion in benefits for southern California. - Sponsorships and licensing deals, which Shanks said should earn the organizing committee at least $60 mil- lion, will give companies monopolies to use Olympic symbols on their products. The 30 major sponsorships will likely go to high-profile multinational firms for a lump-sum payment. Shanks said the committee also plans to license about 50 other companies to use Olym- pie logos on everything from sportswear to coffee mugs in return for royalties of be- ‘y, and TerraTransport, the Newfoundland trans- port division. were in en i ey ee If 1988 had accomplished nothing ¢lae,-it Would be memorable for the demise of the Crow rate. Even with those federal interim payments, CN lost $100 million moying grain in 1982. ‘The revised grain-hauling tariff that Parliament finally enacted takes effect this year. .It won't be fully compensatory either, but without it CN Rail's «multi- billion-dollar expansion in Western Canada would. have ground to a halt, said LeClair. Debt still worries him because of borin associated with the expansion. Capital spending will average $1 billion a year until the pick up your losses.” And if CN’s debt-equity ratio gets much worse — it 44.9-per-cent debt is fractionally higher than a year ago ~ the railway might find it more expensive to borrow. to reduce losses_from its statutory obligations. TerraTransport lost $35 million and the’ contract has to be renegotiated with Ottawa this year. the 93% 2 y 'HOME FASHION SHOW It focuses on all you: atan of space for sound s inne! albums, TV and treasured collectibles. Drop leaf doors unfold into bar unit and bottom drawers provide storage. Sylvan oak finish. GOLDCREST THREE-PIECE WALL SYSTEM BRAEMORE TRADITIONAL SOFA price! Offers plenty Palace Beige tone. $569 Seats comfortably during the day; opens up to a regular sized mattress for overnight guests, Features skirted valance and wrap arm. With arm - resting bolster cushions. BAUHAUS SOFA BED Loose back cushions and tuxedo styling present the effect of generous comfort. Con- verts easily to night sleeper. Cotton/ polyester upholstery in Croydon Camel color. BRAEMORE CONTEMPORARY SOFA BED Firmly constructed with two loose back cushions for soft support. Upholstered in a hardwearing textured fabric. Oak arm accents add decorative flair. Comes in a neutral oatmeal shade. $699 25% OFF CUSTOM DRACO DRAPES * LECUM, parts & engines in stock. Tecumseh Engines are used on most major brands of Outdoor Equipment. HENNE’S MARINA 191 Columbia Ave. tlegar 365-3219 HOUSE OF Styling). Cre Reasonable a4 SKI HOLIDAYS — BIG WHITE, KELOWNA. Five n per person q ming, hot-tubs, kitchens, fire places, dinin om your Bor, Suita CseURE 1 2-800- 1 "AS UULIUS Esa SAID— 70 BUY OR Zoeuy, THAT (ST? he QU QUESTION..." computers id $3997 Clovercity Computers. 112. 561-1615 AK. one inch jod ook Tambor, rough ond surfaced. Various ee rom $1.40, Ook flooring rom $1.28. Ash ilooring from $1-90, Call Clark Richardeon Tree Enterprizes. 446-2535 4/4 on BARRELS, while supply last, $45. Kramer Auctions 303-7026 TWO Double beds, includes frame, box-spring, mattress. 365-3403 ¥/: © Parts © Service SNOW TRAILS SALES & SERVICE 502 - 12th Ave., Genelle 693-2382 by Lynn Johnston VITAMIN ¢-500 NATURALLY CALCIUM- MAGNESIUM 100 tablets () VITA-DAY VITAMIN E 400 100 tablets LIMITED OFFER MANY MORE ‘y IN-STORE SPECIALS! Mother Nature’s 4 Pantry Downtown Castlegar 365-7750 MY NEW YEAR'S RESOLUTION TRIS YEAR , CONNIE, IS TO GET IN SHAPE! HOUSE In Thrums Ter more couple. 368-3908 or Thrums 399- Pr a i 1/4 COMMERCIAL BUILDING spoce for lease. Bumper to Bumper store. 9955, 14 THREE du town Cpettoger._ schools, shopping. All utilities included. 365-5795 or 365-3450 TWO bedroom ruil bosement “in North Cast ‘3 WoO BEI a home in Robson. Gos heat, available now. $235/ 3a 3155 THREE bedr ho heating, close "To schoo! ais s HIGH Savings Rates — sarin imeoved ron 26 ng LOW Loan Rates Kootenay Savings Credit Union ™ Sasa saictenges, tone CASTOOAR ae COUCH, CHAIR & Ottoman, $175. Teak coffee table, $125. 20" colour TV, $175. Fisher skiis, 185 cm, $50. Boys skates, sizes 10, n J a each. Boys 2 $20. 365-2390. velew fridge and white — Good condition 365-5673 or 365- 3536 3/4 HIDE-A-BED, one sectional chesterfield, one rocker. 365 5688 3/4 ELECTROLUX vacuum and sham- pacer for sale. 965-6316 alter 00pm. stn WEDDING STATIONERY from Kel Print. Sample books available to take home evenings or weeken- ds. 623 Columbia Ave. 365-6385, 102/95 WATERWORLD ENTERPRIZ. ‘8 ARABIAN, 1/8 thoroughbred OFFICE and WAREHOUSE SPACE For Rent. 365-2121 Waterbeds galore. Unbeatoble prices. 112-367-7608 tin/ : ie wg anporence comes prices. 112-367-7608 __—itin/93. ‘Co! PADDLE FANS: The * priginal fon vith "Mtoe hay, bridle etc retail, tree $1. 0.8.0. orf trade tor dirt An Ideal Gift d Add ° New & Used Furniture © Household Items RENTALS 7028 TWO Mobile Home axles with hydraulic brakes $300. 365-3730 3/3 SIDES OF FORK. CUT AND Labels $2.95 ‘Moll cheques with order to: Dominion Labels, Bex 1318, Stetion A, Surrey, B.C. Vas ave. WNJURED WILDLIFE. 365-3907, Mobile 1499-544. (Castlegar Chan- Sides of A-1 beef, rw ‘ond. Hoch ded delivery rery Ti jewdan ferme, Ergtton. 112- ‘ae. 9901 or 365- tin/93 ART AIRS: Service all makes of TV's. We make house calls. Reasonable rates. (Fairview Subdivision). 365-5349 ttn/91 ‘Ocean mn Paeitic Fan Se 365-6767 _ 3/4 Gallery Inc. 4600 E. Hastings St... — Burnaby, B.C. VSC 2K2. 119-299: RENT with or utilities ONE bedroom suit without room serv and cable included, in/94 ONE AND TWO bdrm cottages No children or pets. Phon 250. i emodelled th. 3683524 ttn/97 TWO BEDROOM furnished apor- tment in downtown Castlegar. 365-6790 Large 2 and 3 bdrm. apts, full new! HAWAII - TANTATION H WAKE. SPACE 365-5210 | eee ROOM trailer in Rob- Call 365-2720. Rent tin/93 $300/mo. EYZ) peep GUNS bought and sold. or trade. Wise's Hardware. Rossland. 112-362-5171 located on 7'% acres of treed pork-like setting. Share pur chase necessary. Membership is by application and inter view. Children welcome. En loy the benetits of member and stable rents at Weedland Park Housin Co-op. Fer information ca 968-6268, 266-2608 or 365- Marketing Methods: why he ls 0 leader in our industry. C Walter! STERLING COLLECTION CLIENT WITH: WANTS TO BUY: WILL USE AS DOWN PAYMENT Large fully finished home with covered pool Lit WHITLEY, 365-2487 Smaller home in Castlegar Beautiful 14°x70' mobile Late model car Large home on 29 acres STANP PA Residence: 365-7450 Smaller home in or near Castlegar Two-year-old large home with pool. BEV or NORMA WERRE, 368-3703 Smaller two or three bedroom in Castlegar. Will consider man’s special Three bdrm home on 100x230" gorden lot in Blueberry. BRITT EDBLAD, (365-3423 home, smaller lot in Castlegar. 7,440 8q. ft. home on a corner lot in Blueberry. BRAD WALSH, 2 366-8054 Small house. Newly decorated three bdrm on 2.38 acres. DON WICKETT, Residence: 366-3703 Smaller home in Castlegar, Blueberry, Genelle or Trail. Non-basement 2 bdrm home, huge lot. 10th Ave. South. BEV WERRE. Residence: 365-3703 Larger home in Robson, Castlegar or Blueberry. Voom bp prudin home, pa bawc bdrms 14’x70' mobile home. 3 bdrm condominium Truck, cash and assume first. OFFICE HOURS Mon. through Fri. 9a.m.-6 p.m. Saturday 9a.m.-5 p.m. Less snow * Milder weather * the potential of an excellent Where your dollar s-t- return of investment. Con- latter T. FOR DETAILS. THINK ROBSON!! Good recreation nearby More sunshine Lower taxes e-t-c-h-e-s farther fe ond return on down timated $440 million to stage, HOMEGOODS FURNITURE WAREHOUSE J xe uc. Sp fre a Tues. - Sat., 9:30 - 5:30 Bar unit $209" Two door unit $190 Four door unit $250 ay, eb ‘Fudsons Bay Company tween 10 and 15 per cent. Acrange thls Soomls Spuees 1 uit yous fing space. Storage for your complete A. Vertiflex custom verticals offers versatile options: window ot floor length; . ate eee ; - . ° C ‘900. : ATCH THIS SPACE or sound system, book shelf or china display. Unit size: 79 x a he of center or side opening. . . anda fabulous artay of styles and colors! Energy Acreage and assume first efficient, too. Allow 6 weeks for new home construction for those t they could never afford a custom B. Bali and Mini Venetian blinds custom made to the specifications of your window size. Exciting color spectrum. C. Custom-made window shades in your choice of smooth or textured fab- fics; plain or fancy hems; contemporaty patterns Or solid cOlors. For most window sizes. Scien Smaller home. Might consider a fixer-upper. YOU WON'T BELIEVE IT! China Creek were ~ “Drive a Little to Save a Lot” Monday 9:30 a.m. to 5:30 p.m. Thursday & Friday 0:20 em. to 9:00 p.m.