my. as Castlégar News Janvary 14, 1990 BUSINESS Unemployment rate up slightly OTTAWA (CP) — The Canadian unemployment rate rose slightly in December and thousands of layoffs ish plants, car factories and Via Rail mean there is more bad news tocomein 1990, two economists said Friday. Statistics Canada said unem- ployment edged higher last month to 7.7 per cent, up from 7.6 per cent in the previous month and 7.4 per cent in Oc- tober, after adjusting for seasonal tions Westar Mini VANCOUVER (GP) — Directors of Westar Mining have approved a finan- cial restructuring that they say will give But the December figures don’t ac count for workers scheduled to be laid off temporarily and indefinitely during the next few months. “The unemployment rate will ces tainly go up in February and March, said Doug Peters, chief economist at Toronto-Dominion Bank. ‘‘You've got some bad news built-into the system.”’ Several the unemployment rate will rise above eight per cent in 1990, Adding to the recent flood of pink slips, automakers announced this week another round of layoffs in Canada and the United States for later this month and February as that in- dustry continues to slump. More than 30,000 workers at Canadian auto parts and~car plants have been laid off ily and in- Other major layoffs so far include 2,700 Via Rail workers across Canada and more than 3,000 fish workers in Atlantic Cana Bank of Canada governor John Crow has kept short-term interest rates high to slow the economy and stifle in- flation, and Peters said rising unem- ployment shows the policy is working. For all. of last year, the average have pi each preferred. Westar Mining share. ly in recent weeks. ng OKs shareholder provisions. But analysts the would—have reduced preferred the company some space to pay off more than $330 million in crip- pling debts. The plan, announced in a news release Friday, is subject to approval by the company’s common shareholders and other unnamed par- ties. The restructuring scheme is similar to one proposed in February 1989 but rejected by the company's shareholders. But the new plan does ders’ stake in Westar Mining by about 66 per cent Debt piled up at Westar Mining after some ill-fated investments in. North Sea oil and poor timing in the opening of company mines in southeastern British Columbia just as the world price of coal plummetted in the early 1980s. “Since the rejection by holders: of Series 1 Preferred Shares of the prior restructuring plan, Westar Mining has not include sial measures which called for preferred shareholders to exchange thei#stock Preferred shareholders were offered seven common shares of Westar Group, Westar Mining’s parent, for to an alternative form of financial restructuring,” the company said But the company’s two bank lenders maintained they would only adopt the February plan minus the preferred allows Westar to pay its debts over nine years and sets lower interest rates geared to the price of coal on $110 million of the tofal debt A total of $15 million will be saved because the restructuring is made retroactive to Jan. 1, 1989. A provision on a further $220 thilfion in debt reduces interest payments to 50 per cent of the prime rate — currently set at 13.50 per cent — plus 1.75 per cent for four years. The payments are secured against company assets. “These changes are expected to result in an estimated reduction of cash interest costs of about $25 million in the first. year following implemen- ploy rate fell as the number of people working increased by plan tation, enabling debt to be during 1989, Statisti Last year's average unemployment rate fell to 7.5 per cent from 7.8 per cent in 1988, with the average number of people working in 1989 rising to 12,486,000 from 12,245,000 in 1988. Statistics Canada said the number of people unemployed in December rose to 1,048,000, up 16,000 from the previous month as unemployment in- creased by 12,000 in Quebec and 10,000 in Ontario. All figures, unless otherwise stated, are adjusted to take into account fac- tors due solely to seasonal variations in theeconomy. Statistics Canada said December employment fell slightly in agriculture, tly reduced in the future.” The plan was the only way Westar could survive as a going concern, the release said. “It is probable that no cash will be available to Westar Mining during the term. of the restructuring for any pur- pose other than debt service, operating expenses and approved capital expen- ditures,’’ the release said. Any money available for distribution to shareholders over the long term will depend on changes in coal prices, which are rising only marginally, interest rates and the value of the Canadian dollar. The rising valye of the dollar has hurt Canadian coal producers by making their product less competitive in world markets. . Fewer spin-offs forecast EDMONTON (CP) An economist’s study suggesting that a huge pulp mill project planned for Athabasca will create few spin-off jobs for northern Albertans isn’t sur- prising, say local residents. “Nobody in the community knows how to operate a pulp mill, so ob- viously management positions will not come from the community,’’ Dwayne Evans of the Chamber of Commerce said Friday. ‘We don’t have the exper- tise.’” Still, Evans, like many, is banking on the company to keep its word to train local residents for high-paying jobs. ‘Most area residents will probably work in the logging operations, but when the company begins training local residents, they'll qualify for bet- ter jobs,’ he said Evans was responding to an economic analysis by Calgary economist John Thompson, which said the project will create 605 fewer spin-off jobs than predicted by an earlier study commissioned by Alber- ta-Pacific Forest Industries. Thompson’s analysis says people in the Athabasca region have little hope of working for the.pulp mill, and those who do will get lower-paying jobs than outsiders. The study says the company will probably have io look to Edmonton, about 150 kilometres south of the mill site, for its workers, supplies and ser- vice The earlier analysis said 1,100 jobs would be created in the mill and logging operation, with 825 indirect jobs developing in the service and sup- ply sectors in the Athabasca region. Thompson says. it is more plausible the project will create only 220 spin-off jobs, and the average annual wage for a local person will be $34,900 while an outsider’s annual wage will be more than $41,500. Lac La Biche lawyer Tom Maccagno said he isn’t surprised by the report, but it ‘certainly confirms the need for an independent study.”” Evans said regardless of how many local people are hired by the mill, it is better than no work. ‘Ninety per cent of our youth in the area are working in now, so back.” Casey Bizon, a vocal supporter of ing and con: while the finance, insurance and_real estate sectors showed a slight gain in em- ployment Expecting Someone to move to Castlegar? © AFamily Member ° An Employee © A Business Associate * AFriend We will send them FREE a two-month subscription to the Castlegar News! Just phone our Circulation Department with name and address and we'll do the rest Castlégar News “Helping Castlegar Grow” Circulation 365-7266 January 14, 1990 8) Appointment Announcement R.H. LANGIN Crestbrook Foret Industries Lid. is pleased to announce the dppoin Fment of Mr. R.H, (Bob) Langin to the position of Comptroller in this position, Mr. Langin will por he Vice: Finan. Hf] Cranbrook Langin joined Crestbrook in ‘Accountant and was Financial Ser- 4 ‘executive, financial and traftic office in Vancouver. Prior to joining the Company, he was @ Senior Field Auditor tor a major chartered public accounting firm. Langin Colorado College in Bachelor of Arts @ in busi ‘administration. He become o mem: ber of the Institute of Chartered Ac countants (Canada) in 1978 and was accepted os 0 member of the American Institute of Certified Public Accountants in 1988. Crestbrook Forest Industries Ltd. horvests the forest resources of the Kootenay region in sot astern British Columbio and is a fully in: tegrated forest products company, directly employing over 1,400 per sons in logging, lumber, veneer plywood and bleached kraft pulp operations graduated trom 197) with o Crestbrook Forest Industries Ltd. P.O. Box 4600, Cranbrook, B.C. VIC 47 Castlégar News PORTS Talk to us today. Savings ~ Where You Belong the mill, was confident the company would honor its to train and educate local residents for jobs in the mill. “If local residents get off their butts and apply for jobs, they'll get them. The company is committed toit."’ And Bizon has more confidence in pulp mill spokesmen than some unknown economist from down south. “Who holds these guys Calgary accountable?”’ he asked. “They’re from out of town so they can all be out to lunch, but the com- pany representatives; they’reall here.”* from © PUBLIC HEALTH UNIT © THE RECREATION COMPLEX © HOBBIT HILL CHILDRENS CENTRE © OR CALL 365-8448 AND WE WILL MAIL YOU ONE IF YOU HAVE ANY QUESTIONS CALL 365-5448 CHILD CARE SURVEY Are Your Child Care Needs Being Met? PLEASE LET US KNOW! SURVEYS AVAILABLE AT maybe they'll get a chance to come iva Weekly stocks TORONTO ¢CP) — Stock prices took a nosedive pn Toronto and New York stock markets~ Friday as a frustrated market got hit with new in- flation worries. On the heels of market declines in Tokyo and London earlier in the day, inflation figures in the U.S. sent Wall Street to its sharpest drop since the Oc- tober ‘‘mini-crash.”” The Dow Jones average, of 30 in- dustrials tumbled 71.46 ‘points to 2,689.21, for its largest loss since it plunged 190.58 last Oct. 13 The Toronto Stock Exchange's 300 composite index plunged 59.86 points to close at 3,881.84, a drop of 108.53 points on the week. In October, the Toronto exchange fell 141.69. It’s On Now! “The market got whacked,” said Lyle Stein, an analyst with Nesbitt Thomson Deacon in Toronto. The U.S. Labor Department repor- ted the producerpfice index of finished goods rose 0.7 pfr cent in December, exceeding advante_estimates for that measure of inflationary pressures. The index finished 1989 with an in- crease of 4.8 per cent, its biggest in eight years Analysts predicted that would douse any hopes the U.S. Federal Reserve would soon relax its credit policy and encourage lower interest rates. Stock traders also were absorbing word of overnight declines in the Japanese and British markets, where interest-rate and inflation worries have also been unsettled investors lately The rumblings in ‘‘frustrated”’ stock markets come after a series of in vestor setbacks, both domestically and abroad, Stein said Investors who started off the year in. a bullish fashion now see many of their expectations dashed: foreign markets are not doing well, there’s no sight of lower interest rates, cOrporate profit expectations are being revised down ward and U.S. inflation figures are disheartening. On other Canadian markets, the Montreal portfolio index fell 32.09 points to 1,961.92, for a 74-point drop on the week. 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FRESH START STOP SMOKING program does not depend on willpower or desire to stop smoking, only your desire to participate in a one evening seminar One Evening Seminar 6:30- 10°30 JAN. 15 CRANBROOK: "INN OF SOUTH" JAN. 16 NELSON: "HERITAGE INN" JAN. 17 CASTLEGAR: "'FIRESIDE INN" 1-800-663-3642 Call Now Toll-Free SUNDAY STAR VINCE ANTIGNANI A 13-year-old forward for the Castlegar Safeway Peewee House team, Antignani led his team to a 10-4 win over Beaver Valley last week with seven goals and two assists. The team only had six players so ice time wasn’t a problem for An- tignani and his teammates, who were on the ice the entire game —$_$_$_—_—— RECORD BOOK ———— TRIVIA: The NHL may be tamer than it was in the past but it still has its tough guys. One of them, (still active) sits third all- time in penalty minutes in the league, behind Dave ‘Tiger’ Williams and Willi Plett. Who is he? Hint: He’s played 10 seasons in the league, Answer can be found at the botfom of stats on p. B2 QUOTE NOTE —— “I'm just tickled to death that I’m still around, I never thought I would live this long,’’ said Ontario native and Hall of running back (not a nickname) Nagurski six years ago, Nagur- ski who made his mark in the NFL in the 1930's, died last week of natural causes at the SCHOOL SPORTS BASKETBALL: MONDAY ATSHSS Junior boys vs. Prince Charles —§5:30p.m Junior girls vs. Creston MINOR HOCKEY Bantams vs. Trail — 9 a.m. at the Community Complex. TRAVELLING e The SHSS curling team was in Cranbrook this weekend for a playoff to decide the East/West Kootenay Cham- pionships © The school’s senior girl's basketball team was in Kelowna to compete in the KLO tourney RADIO/TV SUNDAY 9:30 a.m. — (CITV)\ NFL Football. AFC Champi Cleveland at Denver. (KHQ) NFL Live. 5 My (KREM) NFL Football(NFC Championship, LA Ramsat San Francisco. (TSN) PGA Golf. Tucson Open 4:00 p.m. — (KAYU) College Basketball. Stanford vs Washington State (TSN) CHL Hockey, Portland Winter Hawks at Lethbridge Hurricanes MONDAY 4:30 p.m. — (TSN) NHL hockey. Chicago at Toronto TUESDAY - 5:00 — (CKQR 760 RADIO) NHL Hockey. Vancouver at NY Islanders 5:30 p.m. (TSN) NHI Hockey. Quebec at Winnipeg Canucks are slump-enders VANCOUVER (CP) — Veteran defenceman™ddike Ramsey, widely respected for his staunch defensive play, went.on the offensive to help the Buffalo Sabres end a six-game losing streak Ramsey scored a rare power-play goal and added two assists as the Sabres edged Vancouver 5-3, sending the Canucks to their fqurth straight defeat . Buffalo netminder Daren Puppa played a sensational game as he faced 41 Vancouver shots and withstood a determined Canucks rally in the third period. Ramsey scored the deciding goal at 16:35 of the second period when the Sabres had the man advantage, giving Buffalo a4-2 lead. Pierre Turgeon, Dave Snuggerud (with two) and Ray Sheppard scored the other goals for the Sabres, who MIKE RAMSEY ... Sparks Sabres fired 25 shots at Vancouver netminder Kirk McLean and Steve Weeks. Weeks replaced McLean at the start of the second period when McLean left with a sore back and the score tied 1-1 Rebels playing playoff style hockey of late By ED MILLS Staff Writer It might be the month of January for you and me but for the Castlegar Rebels this is February February because that’s when the playoffs start in the Kootenay Inter- national Junior Hockey League and the Rebels are trying to get a jump on things by playing playoff hockey right ow If they didn’t, says co-coach Don Soroke, the team might not be playing hockey in the post-season. The hard-checking, pumped-up style paid off for the Rebels Friday night as they went into Grand Forks and took two points from the Border Bruins with a 5-3 win wv RICK EDWARDS held them in Newcomer Len Rubner led the Rebels with two goals, including a powerplay goal with 1:37 left in the fir st to make it 2-0, and Dwayne Dergousoff continued his hot scoring pace with a goal and two assists. But by all accounts the real star of the game for the Rebels didn’t score any goals at all. He just saved them. Rick Edwards stopped 43 shots, in cluding 12 in the second period when the Rebels were outshot 14-4, and drew the praise of both team’s coaches after the game ‘*He was-probably the difference,’” said Border Bruins coach Brian Ulm er. ‘‘We outshot them very badly in the second period and most of our shots were in tight but we just couldn't put them away.”’ Soroke said it could have been a different outcome if Edwards hadn't stood on his head to keep the Border Bruins from cashing in more than twice in the second period. ‘*We played shorthanded for almost the whole period and Rick really played well for us,”’ said Soroke As far as playoff-style hockey is concerned, Ulmer said the Rebels did what they had to do to win and that’s something he hasn’t seen from them this year . “They did everything they could to get under our skin. They were clut ching and grabbing and hooking, and it worked. They played like they genuinely want to get into the post season.”’ Soroke said the options for the team are simple “They (the players) know if they don’t start winning they’re not going to make the playoffs,’” he said. ‘*They played with a lot of heart and intensity j last night (Friday),”’ he said . The goal, unrealistic or not con sidering the team's tough schedule ahead, is not to lose another game all year, said Soroke. “It’s something to shoot for. We have to make a run because the way Beaver Valley's playing we're not going to make the playoffs if we don’t pick it up and go.” The win moves the Rebels into a fourth-place tie with the Beaver Valley , Nite Hawks who lost to the Columbia Valley Friday Soroke’s goal will have a true test this afternoon as the KIJHL’s East Division leading Columbia Valley Rockies are in town. Game time at the Community Complex is 2 p.m Roger Carlson and Chris Postnikoff scored the other goals for the Rebels while Cory Ross, Keith Kalawsky, Kevin Emsley and Dale Bonderud ad ded assists Rockies in Beaver Valley Weightlifters TREVOR SEVILLE there The Canucks, got two goals from Viadmir Krutov and one by Andrew McBain in losing their third straight at home. . The Sabres jumped into an early lead when Turgeon scored on a power play at 2:05 of the first period. He con: verted a passout from captain Dave Andreychuk after a needless charging penalty to Vancouver winger Daryl Stanley CANADIENS 2 FLYERS 2 MONTREAL (CP) — Mike Mc Phee scored early in the third period to give the Montreal Canadiens a 2-2 tie with the slumping Philadelphia Flyers. McPhee’s first goal in 16 games, dating to Dec. 2 helped Montreal earn its first point in three games against the Flyers this season. LEAFS6 FLAMESS TORONTO (CP) — Ed Olezyk fiad two goals and two assists and Rob EYEING IT UP .. . Costlegar skip Marg V good wipe before teeing it up in the Sen Curling Club Friday. conews rin Ramage scored the winning goal on @ power play with 3:35 left in the Toron- to Maple Leafs 6-5 victory over the Calgary Flames. Gary Leeman, ‘Vince Damphousse and Al Iafrate also scored for Toronto. Joe Mullen, with two goals, Doug Gilmour, Jamie Macoun and Sergi Makarov scored for Calgary = | RANGERS3BRUINS2 BOSTON (AP) — Tomas. San- dstrom scored with 34 seconds left in regulation and rookie goalie Mike Richter had 35 saves as the New York Rangers ended Boston’s five-game NHL win string xith a 3-2 victory over the Bruins ISLANDERS 4CAPITALS2 UNIONDALE, N.Y. (AP) — Brent Sutter scored twice, including the go- ahead goal in a three-goal second period, as the New York Islanders rallied to beat Washington 4-2, han- ding the Capitals their eighth straight SS. DEVILS 5 NORDIQUES4 QUEBEC (CP) — Janne Ojanen ended a tie at 6:46 of the third period and John MacLean added a goal on a splendid solo effort less than four minutes later as the New Jersey Devils subdued the Quebec Nordiques 5-4. Wigh the score tied 3-3, Nordiques goaltender Greg Millen’s clearing pass into the corner was seized by. Viacheslay Fetisov, who delivered a pass to OJanen, posted at the point. His blistering slap shot handcuffed Millen. NORTH STARS 6 RED WINGS 4 BLOOMINGTON, Minn. (AP) Mike Modano’s first goal in nine games broke a 3-3 tie with 13:01 to play and he Minngsota North Stars defeated the Red Wings 6-4. ‘an Yzerloo surveys the house and gives the rock a ior Ladies District Playdowns at the Castlegor Nobody said it was sexy but curling has appeal By ED MIL Staff Writer It’s not sexy It won't have you on the edge of your seat Very rarely is it thrilling or overly ex citing One of the game’s champions even went so far as to call it boring But despite the outward appearan. ces, curling is a growing sport in British Columbia. And in a testament to the game’s diverse appeal, two generations of athletes have gathered at the Castlegar Curling Club for the Junior and Stnior Women’s District Playdowns this weekend Ten teams of seniors — two from Castlegar — and six junior squads with one from Castlegar — are playing off in the double knockout tour nament with a trip to the provincial finals on the line The senior women got things started with three games Friday afternoon The juniors’ draw began Saturday and the finals begin at noon today Castlegar’. juinior team of third Peggy Bacon, second Laura Dar nbrough, lead Melissa Labine and skip Kim Abietkoff lost its opening game 11-9 to the Tara-Lynn Richardson rink of Nelson West Kootenay zone convenor Theresa Pozin-said the junior (under 19) program in the Kootenays has really taken off lately and the six teams here are the most the district finals have seen in a number of years “It’s (the junior program) just really on the upswing right now, which is good because it’s been in decline for a little while. We're really excited about our junior program,”’ she said On the semior’s side, Castlegar’s Marg Van Yzerloo, with third Mary Perehudoff, second Sharron Waldie andlead Mary Ish, lost their first game Friday, 8-7 to the Nelson-Kaslo- Castlegar foursome skipped by Joyce Mackie. Aileen Oglow of Castlegar is Mackie’s lead Van Yzerloo, Perehudoff and Ish won the districts the last time the event was held here in 1988 with Marie Prokop as skip. The first-game loss means the team faces a tough road on the way to repeating that feat The other Castlegar foursome of skip Belle Gray, third Sophie Janicki, second Marg Colly and lead Helen Clay also dropped from the A side to the B with an 8-6 first-game loss to the Marjorie Wardle rink from Kimberley The Junior Women’s Provincial’ are set for the Royal Curling Club in New Westminster Feb. 14-19 while.the Seniors Ladies will be travelling 10 Fort _ St. John Feb. 7-12 — NOTES: The men are offering their own testament to the game's popularity as 28 teams — including four from Castlegar — began com petition Friday in the West Kootenay Men's Zone Championships at the Trail Curling Club. Sunday’s final ac tion begins at noon.” one and all, quality © By ED MILLS Staff Writer The results are in and the winner is everybody In just its second year in existence, the entire Stanley Humphries secon ting team has been named to the team that will represent Zone 9 at the B.C. Winter Games in Penticton Feb. 15-18 The selections were made by the British Columbia Weightlifting Association based on’ the results of a qualifying lift with teams from SHSS and Mount Sentinel secondary school of South Slocan, held at SHSS in December Mount Sentinel had four athletes qualify to the 13-member team The nine-member SHSS team row has the weeks remaining to gear up for the competition wiich will pit them against 50 of the province's best lifters. SHSS coach Grant Lenarduzzi said he expected most of his team to qualify but never thought they all would ~ **I'm somewhat surprised, yes, but it just goes to show how well this team has progressed to this date,” he said Lenarduzzi added that it’s hard to gauge just how good the qualifying results are because there aren't alot of clubs in the West Kootenay. The Win: ter Games will. offer a better yard stick to measure the athletes’ abilities and Lenarduzzi is confident his team will havea good showing **All of them probably have a good shot at the bronze and if they stick with it_another ‘year, they'll all be medal contenders the following year,’’ he said Lenarduzzi was referring to the six members on his team who will be going tothe Games for the first time Three others, Trevor Seville, Suzanne Powell and Rick Young made the Zone team last year and all three won medals in their events. Seville and Powell 1ook-golds while Young, who was in the same category as Seville, won the bronze i Lenarduzzi says Powell and Seville should repeat and Young, who has moved out of Seville’s category for this year's Games, should also take home the gold “would think we should get four or five medals with Suzanne, Trevor and Rick obtaining gold and one or two of the newcomers to squeak infor a bron ze." One of those newcomers is 15-year old, Grade 9 student Mark Kyle, who qualified for the games with lifts of 37.5 kilograms in the snatch and 55 kilograms in the clean and jerk Kyle, who has only been in the sport a few months, said he really didn’t ex pect to make the team but now that he has, he's Games “Yeah, I'ma little .ervous about it but I'm training hard and 1 hope to place (in the medals),”” he said The other members from SHSS are Dave Bayoff,—Clay Bouthillier, Adam Maer, lan. Bat chelor and Rodney Harshenin. Mt Sentinel’s members are Mark Batke, Len Popoff. Steve Ball and Perry Legebokoff looking forward to the team