Castlégar News April 30, 1986

BUSINESS

Tariff no disaster

VANCOUVER (CP) —. An American tariff on Canadian lumber would not be the disaster everyone seems to think it would be, says the chairman and chief executive officer of Canfor Corp.

Peter’ Bentley told a news conference after his company’s annual meeting he doesn’t expect anything more than a nominal tariff and such a tariff would simply drive prices to United States consumers higher with little impact on sources of supply

“I don’t think the output of our mills would change,” he said. Bentley said he isn’t in favor of a tariff but is pointing out that its impact wouldn't be that great.

“Lean't see a very major duty,” he said. “And it is my judgment that the U.S. price would simply go up by the amount of the duty.”

Bentley said the United States is a signatory to the General Agreement of Tariffs and Trade and any excessive duty would be in violation of the principles it is supposed to adhere to.

DUTY UNWARRANTED

He said a thorough U.S. investigation in 1983 showed Canada to be generally innocent of anything that would warrant a dufy and “I can't see that there's been a significant change since then.”

He said he does not think higher American prices would bring some now-idle U.S. production back on stream at the expense of Canadian production.

“I think timber supply will have more to say about that than the price,” he said. “The priée furry this spring didn’t spur production in the U.S {think most of that is gone forever.”

But imposition of a lumber quota, as opposed to a tariff, would be a different matter, he said.

“It wouldn't be a disaster financially for companies, but it wouldn't be very good for employment or for Canada in general,” he said.

“If there was a quota, the government would be doing for us what anti-trust and combines laws prevent us from doing for ourselves and that’s create an artificial shortage of supply.”

Bentley said he hasn't heard anyone on either side of the border talking about quotas and suspects any American action against Canada will likely come in the form of a tariff.

At Canfor’s annual meeting, Bentley said the company is raising $55.6 million through a sale of shares and investment tax credits. Terms were completed Monday, and May 15 is the closing date,

IN BISHOP'S MESSAGE

Cheap labor

TORONTO (CP) — The use of cheap, non-union labor and renewed calls for anti-union legislation have been con- demned by the Canadian Conference of Catholic Bish ops.

In a strong pro-union May Day message, the eight member social affairs com. mission of the conference says an anti-labor bias has begun to resurface in Can- ada, making unions and the labor movement scapegoats of an “economic crisis.”

The message is to be is-

sued Thursday, the 100th anniversary of International Workers’ Day, and recog nized by the church as a feast day dedicated to St. Joseph the Worker.

The bishops say unions have a major responsibility to continue striving for fair wages, benefits and working conditions for their own members and all workers. They say unions need to be revitalized and strengthened and the unionizing process extended to unorganized workers.

condemned

The message urges Roman Catholic workers to become actively involved in their own unions and to support the role of unions in society

UPHOLD RIGHT

The right to strike must be firmly upheld, the bishops say, but they caution that “people of good will are sometimes embarrassed when they witness hasty or excessive use of this form of action.”

This has been particularly true, they add, when vital community services affecting

Home renovations to jump in next decade

TORONTO (CP) — The aging of Canada's housing stock, combined with big spending baby boomers moving into downtown neigh borhoods, will result in “stag- gering growth” in renovation activity during the next 10 years, a housing market an. alyst says.

“The market will experi ence an unprecedented boom,” as the post-war gene- ration — now 22 to 40 — enter their peak earning

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years, said Earl Berger, vice- president of Environics Re search Group.

This ts the most affluent generation in Canadian his tory, com ted to home ownership and willing to spend a great deal on house repairs, he said.

The portion of this gen- eration already in the hous- ing market is just the leading edge, with “another 10 gol den years to go,” Berger said.

Already the residential renovation market has shown rapid growth, currently es timated at $9 billion annually, and it accounts for 44 per cent of residential construc tion activity, up from 29 per cent in 1976.

During thé same period, new construction has shown little change in dollar volume.

“Members of this gener. ation are sophisticated con- sumers of advertising,” Ber- ger said.

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1401 Columbia Ave. Sunday Services 8:00 a.m. & 10:00 a.m. Sunday School 10 a.m. Robson Church 2nd and 4th Sundays

10 a.m. Rev. Charles Balfour 365-2271

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the sick or the elderly have been disrupted.

The commission says that, despite the public image of labor unions as powerful in stitutions, many unions today find themselves vulnerable. “During these times of high unemployment, for ex

ample, there is a greater

tendency for some employers to turn their back on or

. ganized labor and take ad

vantage of pools of ‘cheap labor’ comprised of jobless people and the working poor,” the message says.

t

U.S.economy MRM y:))):

looks strong

WASHINGTON (AP)

partment said its index of leading indicators rose 0.5 per cent last month, follow- ing an even more robust 0.9-per-cent increase in Feb- ruary.

The biggest economic fac- tor pushing the index up was the surge in stock prices in March.

The latest advance, the 10th consecutive, puts the index at 176.6 per cent of its 1967 base.

The strong gains in the last two months have given an- alysts hope that the U.S. economy will rebound sub- stantially in the second half following two years of slug- gish growth.

They base this hope on a belief that a dramatic plunge in oil prices, the lowest interest rates of this decade and a weaker dollar will all contribute to stronger growth in the U.S. economy.

The government said two weeks ago that the economy, as measured by the gross na- tional product, was expand- ing at an annual rate of 3.2 per cent in the first three months of the year.

While this growth rate was four times faster than Octo- ber-December activity, many analysts discounted the rise, saying it was based primarily ona temporary im ovement

in the country’s foreign trade performance.

Many analysts are looking for growth to weaken again in the current Aptil-June quarter as cutbacks in auto sales and production and weak trade numbers hold back overall activity.

resentative of the Bank will be 5 |

EGAR on May 7, 1986 to discuss mene Business’ Financial and Management needs. Why. not call us today at 426-7241 (collect) to arrange an appointment.

Federal Business Banque fédérale » Bank de

Thanks

DIXIE DEE POWERS

We would like to take this opportunity to express our gratitude to Dixie Dee Powers for all the assistance you have given to so many.

We sincerely wish you continued good health and prosperity. From . Your Friends & Supporters

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Countdown

Se ERA aS

Photographs and television don't do justice to the scope, colors and sounds. You have to be there.

“There” is Expo 86, the world’s largest special category world exposition ever held — Vancouver's transportation- and communication. themed birthday bash.

“Sensory overload” is how Ted Rutledge of BCTV described the fair, bracing for its royal opening with Prince Charles and Princess Diana Friday at 10 a.m.

A week ago, workers were smoothing off last-minute dabs of cement and hurriedly applyirig daubs of paint to

prepare for last weekend's dress rehearsals during which the Expo site and most of the pavilions were open to workers and their families.

The media were also invited to tag along.

At a media briefing prior to Saturday's dry run, Expo chairman Jim Patterson noted that 10 to 20 of the more than 90 international, state, provincial, territorial and corporate pavilions were not quite ready.

However, he guaranteed “it will be ready by 10 a.m. May 2.”

Sunday's attendance was about 80,000 — 10,000 more than Saturday when pouring rain and five-degree temperatures chilled the festivities.

Expo officials expect to herd about 100,000 visitors per day through the fair during its 165-day run from May 2 to Oct. 13.

If last weekend is any indication, prepare for long lineups.

A three-hour wait greeted people who wanted to see the Ramses II exhibit — a display of gold jewelry and other exotic paraphernalia associated with the Egyptian pharaoh.

Other pavilions had crowds but at least were funnelling the people through aj.a slow but.steady pace,

One of the most popular was the Swiss pavilion, the entrance to which is a series of angled mirrors like a house of mirrors at a carnival midway.

Inside, one of the first exhibits is a testament to the legendary precision of the Swiss.

Called a Jollybail machine, the contraption features a steel ball bearing that rolls along a track, enters various vehicles such as trams and gondolas, and sets them in motion. The ball bearing then dismounts at the end of each journey and moves on to its next destination where it sets in motion another series of activities.

A crowd — mostly adults — stood enthralled for the better part of 10 minutes while the machine went through its activities.

One English-accented gentlemen was so taken up in the whole thing he began calling a play-by-play.

Outside again, the monorail sweeps past overhead

to Expo 86

Story and photos by SIMON BIRCH

with a whoosh of rushing air while employees at Expo souvenir stands practice hawking baseball caps and models of Expo Ernie — the fair's robot mascot.

Looking around, it was hard to find one’s bearings amid the pavilions on the 70-hectare site, a feeling summed up by one mother hustling along her young daughter:

“See how easy it is to get lost — now we can't find Daddy.”

Eventually, though, Expo landmarks become recog- nizable — the bright yellow Space Tower ride at the west end of the site or the Plaza of Nations, a glass-covered refuge from Vancouver's rain near the centre of the site.

Here the white Teflon dome of B.C. Place stadium rises behind you while you walk up a forested pathway to Discovery B.C., a building of aquamarine glass over a latticework of steel, one of three buildings that make up the B.C. Pavilion Complex.

Almost directly north of the B.C. Pavilion lies the greatest temptation for the fair's thrillseekers — the Scream Machine.

The hybrid rollercoaster is aptly named — the screams of the riders could be heard before the bright red corkscrews and loops of the track could be seen.

‘The whirlwind two-day visit was barely enough to scratch the surface’

Opinions of the riders at the exit gate ranged from “fantastic” to incoherent groans.

Rising above the Scream Machine at this fair of superlatives is the world’s largest hockey stick topped by the world’s largest flag — Canadian, of course — repaired now after initial problems with unravelling.

Up a ramp and it's on to Sky Train — Vancouver's pew light rapid transit system —. fer a freeride to the Canadian pavilion on Burrard Inlet.

Modelled after a cruise ship and featuring the now-familiar five white Teflon-coated fibreglass sails, the pavilion is three city blocks long

Inside are several theatres on three levels surrounding the Great Hall where Hystar, a circular helium airship cruises between the exhibits below the pavilion's translucent sails.

The whirlwind two-day visit to Expo 86 was barely enough time to scratch the surface of the massive fair

With all the shows, displays, rides and pavilions, even a three-day pass will probably not allow enough time to take in everything at the fair.

But take it in you should. Regardless of what's been said about Expo 86 — good and bad — the fact is it's here and it's a stunning spectacle.

See for yourself.

tries to find way around Expo with help of huge information map; giant watch outside Swiss pavilion.