1981's economical growth It appears 1981 will be “a. tyear of question marks” ‘where economte growth in ‘this area is concerned, a local banker says. It will probably be a year ‘of slow, steady growth, ‘rather than a boom year, believes Don Tuline, trea- ‘surer and general manager of the Kootenay Savings Credit Unions, * But he sees exceptions in ‘several areas. Indications are the real estate market will continue to be strong, and the tourist sector will grow swith increasing numbers of isitors coming to this area, Tuline said retail sales will lepend on what happens ‘during contract negotiations ‘gt the Cominco operation in Frail. =: People should expect little ¥ any relief from high inter- ‘st rates charged for borrow- ing money, Tuline warned, and he added people should cautious throughout the ear with their financial ‘planning. The rate may fall, put there is a risk it will rise jagain toward the end of this -year or during 1982, he said. It will depend on what hap- ‘pens in the United States. If that country wins its battle ‘Dgainst inflation, and its interest rates are lowered, ‘the Canadian rates will fol low, although they should be — ut one per cent higher. ‘chases and to leave them: Selves financial room to move in in case the interest rates climb. He: belioves people must learn ‘to live with high interest rates and they have to include some flexibility in their financial planning, He said part of the strong real estate market here is due to pent-up demand for housing from 1980, when potential home buyers were put off by high mortgage vates, Many of those people believe, as does Tuline, there will be little if any drop in those rates. Tuline has noticed 2 “sub- stantial” increase in lending during the past one to 11 months to people planning to build new homes or to reno- vate. He sald building now appears much more positive that it was in 1980 in this area. He has seen an increasing demand during the past year for property here by people living in the Lower Mainland and in Alberta, It ‘is an indication of confidence on their part about real estate values and future desirability of this are, Tuline thinks. Tourist facilities are being expanded and improved as the tourist industry responds to the increasing number of people visiting this region, he said. He said the area is also being built up to handle the influx of visitors expected to come when the B.C, Winter Games are held in ‘Trail in ntinuous improvement on-line computer. Continued improving of facilities and a moderate growth of assets are what the head of the Kootenay Sav- ings Credit Unions expects during 1981. Don Tuline, the credit unions’ treasurer and general er, says the: “eight * branches ° will‘ converting to a new on-line computor system later this" year, and they will be con- tinuing to emphasize staff training aimed at increasing their employees’ efficiency. Tuline described the new computor system as “a state of the art financial system,” nes by and the most effective in use in Canada. Credit union members and staff will notice the increased efficiency after the system is installed, he said. - Tuline expects about a 14 per cent increase in the branches’ assets this year, which will bring the total to almost $200 million. He said there are no plans for new branches this year. The credit unions will con- tinue to try to improve their operations, with an eye for paying higher dividends to members while maintaining competitive borrowing rates, he concluded. oe “ One call he anegnpone wy st ae ew WOME eeholatrs SHIRLEY ANDERSON CASTLEGAR 365-7561 Sea NATIONALHOMES LimtTep ar 4652 991h St. Edinonton, Alta, P.O. Box 245, Abbotslord, B.C. a IB Pease seng me Nanonat’s 1980 Catatoque of manutactured [il Aime Home Plans | have enclosed $2 to cover postage and wn a tat BE ran to baste a a Puont Bz a CPEPETEETITIT eg) 1982. People coming here for the firat time to watch the athletic events should want to return in the future, he predicted, Tuline is concerned about what the effect will be if union members at Cominco in Trail strike when thelr con- tract expires in April, and he hopes a new agreement can be negotiated without strike action being necessary. The company's profits and sales have fallen below the last several years’ figures, he said. He added the drop was caused by the slowdown in the economy and particulary by the drop in sales of American and Canadian- made automobiles, and it will take a few months to sort things out. DONALD F. TULINE General manager and treasurer . Local 480 Over 6,000 strong The United Steelworkers Local 480 in Trail has tabled its 1981 bargaining proposals with Cominco Ltd. - The local unfon which represents‘8,600 workers in Trail, and is the major component of the Joint Bar- gaining Council representing more than 6,000 workers who bargain with Cominco in the Kootenays, are expecting to achieve one of the best con- tracts ever negotiated. ‘The union slogan, * ‘81” has become a feilior sight in both Trail and Kim- berley and the joint council expects to be Number 1 throughout the industry in " the province, The monetary gains that the workers achieve in -this round of negotiations will keep the Kootenay areas where our rmiembers live thriving, ss the money earned will be turned back into the communities by the © steelworkers who purchase goods and services from local businesses, It is our hope that a settlement can’ be reached between Cominco a8 the union. TV for those with impaired hearing A new tolecaption TV adapter:for Canadians with. hearing ‘disabilities was in- troduced Feb. 20 by Simpson- Sears, enabling the people to be able-'to enjoy TV. The first of its kind in Canada, Sears’ telecaption adapter is a method of de- coding closed captioned TV programs and subtitling the dialogue on the bottom of the screen. The ‘subtitles are completely © synchronized with the action of the pic- tures and enable the hearing impaired to read ‘what the people are saying. The compact. telecaption adapter, which is placed on top of the television, is easy to install and-wil! work with any black and white or color TV. Afflick ofa switch, on the adapter, tunes in the cap- tioned programs. é Sears has been granted a three-year exclusive contract by the National Captioning Institute of Washington pc to market telecaption adap- ters in Canada. It will be of- fered in Canada through Sears’ catalogue sales offices and retail stores and will be available beginning March 1981 to those who produce a medical certificate of hearing - impairment as required by the Canadian government. Sears is gratified that this television breakthrough for the hearing impaired has succeeded during the Inter- national Year of Disabled Persons. **Kootenay Savings continued to provide the membership with competitively priced services and still achieve our financial objectives. Co-operation was the main reason for success. Board and Management co-operated in establishing appropriate strategies and programs. The staff.co-operated by working hard and effectively to implement the strategies and programs. The membership co-operat- ed by increasing their utilization of Credit Union services and adapting to the numerous changes necessary to achieve our 1980 goals.’’ Statement by ALBERT HOLMES, President of Kootenay . Savings Credit Union, in his 1980 Annual Report. High ights from the 1980 Audited Financial Statement © ASSETS have grown by over 11% to $88,152,560. ‘e MEMBERS’ DEPOSITS have grown by aimost 8% to $82, 196, 125. © MEMBERS’ LOANS have grown by almost 3% to $68,004,598. © BORROWING MEMBERS paid an average of 13.27% for loans in 1980. @ DEPOSITING MEMBERS received a record high 67.5% of total income in 1980. INCOME: EXPENSES: Financial: STATEMENT OF INCOME and EXPENSES ‘Administrative: Total Expenses: INCOME BEFORE DISTRIBUTION TO MEMBER: DISTRIBUTION TO MEMBERS: TAX ALLOWANCES: (Current and Deferred) NET INCOME FOR 1980: ” RETAINED EARNINGS: Kootenay Savings Up 25.9% To§$ Up 32.7% To$ Up 10.9% To Up 25.1% To $ Up 33.5% To $ A7% Dividend At $ At$ Up 1,161%. To$ Up 17.5% To$ 10,255,767 6,413,455 2,852,005 9,265,460 990,307 568,579 111,669 310,059 2,080,652 "1980 WAS A VERY GOOD YEAR" “COVERING THE selina Credit Union yi “TRAIL. FRUITVALE CASTLEGAR SALMO SOUTH SLOGAN Nakusp ~~ 8" NEW DENVER WANETA PLAZA 1B * who are interested in work-"- si 1y DAWNA DINNING _ By Women's Auxiliary to’ . Castlegar and District Hos-- Mrs. Pital'meets once a month on the‘ third Monday of. the new members ing toward greater patient comfort in our hospital =. “Our 1980-81 executive was . installed by Doris Sweeney, past regional representative and member of our auxiliary. This installation was done’ after our annual dinner meet- ing in January, provided by the hospital board, and much enjoyed by us. ‘The executive is as follows: president Dawna Dinning; first vice-president Patsy Popoff; second vice-president Margaret McKibbon; récord-. ing secretary Marj. Dulsrud; corresponding secretary Julie Graham; treasurer Elsie Sharples; dent Teena Leitch, For the past 20 years, we have presented a silver spoon to the New Year's baby. The past. presi. . .1981 baby was Jamle Postni- koff, daughter’ of Mr; and Jim Postatkoif of South Bloean, “We have several excellent -” knitters: who keep our. gift shop, ~ constantly, runptee items convention, which: should / prove to be a good learning sharin President: Dawna Dinning | and Candy: Striper. convener time to. this worthy ‘cause. 1980. We are grateful to our vol- unteer knitters: Mrs. Nellie. Brown, Mrs. Irene Batchler, Mrs. Vandergaag. Mrs. ° : Naney ° Deptuck, : Mrs. -C. Petts. and. Mrs. Letkeman. ‘We could use more knitters, so if you are interested in this” volunteer project, please call Mrs. Inga Lamont at 385-5017. - Mrs. Pat Frisk, our Candy Striper convener, has a ing and able group of young women from Stanley. Hum- phries doing the Candy Stri- pers’ duties ‘in-our hospital. These junior volunteers are“ on duty each day after school and their bright young faces and cheerfulness are a real treat to’ the patients. In March, Mrs. Frisk is taking some of ‘these girls to’ Kel d owna™ to a Candy Stripers’ attended the regional confer- : ence “in ‘Christina Lake in September. Three bursaries are pre- sented ‘annually; one to a high schoo! graduate enter- ing 4 medical field, and two to Selkirk’ College second-year. nursing students, This: year the High School Bursary was awarded to Candy ‘Striper, Elaine Hicks, who had logged - many hours of -faithful ser- vice. The Selkirk’: College , awards went to Kathleen Kerieff and Marie Hutchin- son. Bh as Tray favors ‘for’ ‘all oc casions are provided by Clara Gerrand. Fresh fruit baskets . are’ delivered by “Santa to each patient on Christmas morning, We decorate the hospital and. provide™ five decorated Christmas’ trees ay Castlegar an District Hospital 5.473 exch year. The ‘extended care ; patients decorate:their own The patienta. in: the. ex-- tended’ care’ wing, which: * Novem- ber is another. Project we.do opened just over one year ago, are always happy to.see .. us. We. assist them with ‘many things, including cook- ing, -handwork, . puzzles, games, ceramics, etc. We also have one musical-morn- ing each week where the pa- tients play musical instru- ments and really have fun. We assist with daily rou- tine. things and, on‘ special occasions, with their outings ‘— often, to. the Brilliant, Cultural Centre or: to. the Doukhobor Museum and Res- taurant ' for -.lunches, ° etc. Willing: volunteers’ are. al- ways. needed in extended care, so if you are interested, 5§ hours annually, We wish: to’ thank the public for their support, © and also thank the cadets and: boy scouts for ‘their: assis: tance in selling the | huts and wuxillary ‘and Candy Stripers volunteered ‘a total of 5,478 hours during 1880 our ‘hospi items for the hospital at this , time, ‘one’ of these” béing a second ‘Century - Bath. ‘We have purchased a new Soles TV. and ‘also look:forward assisting .with the. puree of: patio,” furniture: a pty JOUN DALZIEL Board Chairman - Castlegar and District Hos- ° ‘pital has enjoyed a history of, alfairs of ‘their’ hospital. The: ‘goals: they: visualized’: have been attained and maintained «. by the continued dedication ; and effort of those that eanio. |; after them, Naming them would be an'impoésible task, but ‘the district; owes’ each’ ‘Sand every: one of them a sincere-debt ‘of ‘gratitude. — : equipment, committee; Rush Jocks after the: financial pital opened its doors ini May of 1958 as a 35-bed acute care "years ‘were ‘ reapoi establishment ‘The second expansis “ gomploted | in 1969 consisting ‘sof a hew.60-bed patient area,‘ ; new operating: rooms, new support ; facilities “and "the complete renovation to the ~ emergency, administrative facilities, New ‘equipment. and furnishings | ware also 4 ‘The plnoning for. the, 1969. ‘eipansion included the ‘pro- “vision for. an additional pa- tient; floor. which, ‘when ‘con- ‘structed, would increase the. ities ' would-be ‘adequate service the additional beds. The ‘third ‘expansion was completed in November. 197! providing’ 10.:new. extended labor ‘relations; and jack Young, provincial ‘go ‘ernment; Martin Vanderpol, Regional ‘Central Kootens: ing after people and the most phisticated :: pla of care beds. The unit was con-,; ‘abl ‘unfinished © structed» in an ; section of the pesaone patient floor. .Five “existing acute care beds were; dealgnated aa and consultants, ‘diet- 5 maintainance,’ house.’ rt keeping and’ office ‘staff ‘all play a full share in the con- tinued successful operant of - hospital. : would ind ? I ati mention the’ wonder-. ful ‘help ‘to‘the: operation: of the hospital provided by the