as Castlegar News August 25, 1990

BRIEFLY

By CasNews Staff

“GST savings advertisers warned

TORONTO — Advertisers that claim pre-goods and services tax savings on their products had better make sure their claims are true because the Bureau of Competition Policy plans to look at them closely.

Howard Westston, director of investigation and research for the bureau, says he is concerned some savings claims may not be supported by available studies.

“*Should the director have reason to believe the impact of the proposed GST is being materially misrepresented, an inquiry under the (Competition) Act may be initiated,’’ says a recent issue of the

ng Bulletin, a of the bureau.

It is anticipated net savings should occur on many items if purchases are made after the proposed GST introduction date of Jan. I, the bulletin says.

Financial experts say prices of manufactured products, such as cars and appliances, should drop with the GST, Klaus Decker, the bureau official responsible for marketing practices, said

The seven per cent GST is to replace the 13.5 per cent federal sales tax on manufactured goods.

He said the bureau received a number of complaints from consumers about ads they felt were misleading on pre-GST savings. The ads carried such phrases as Beat the GST.

It also notes that while the GST will apply to a wide range of goods and services, some items will not be effected. These include basic groceries, prescriptions and medical devices.

B.C. credit union earnings up

VANCOUVER — A surge in mortgage loans helped push earnings in British Columbia credit unions up 55 per cent for the first six months of the year.

Earnings were $45 milllion, compared with $29 million for the same period last year.

Combined assets for the credit union network reached $9.9 million by the end of the first half, a 13.2-per-cent increase over the same period in 1989.

By the end of June, the mortgage portfolio among British Columbia's 112 credit unions rose 25.7 per cent to $5.5 billion.

“With this heavy emphasis on residential mortgages, and the balance in consumer and small business loans, credit unions have a good mix or higher-quality assets in their portfolios,"’ said Wayne Nygren, president of B.C. Central Credit Union.

Loan-delinquency rates for the first six months were 0.42 per cent, compared with more than five per cent during the receission of the early 1980.s

Reform backlash fear identified

TORONTO — The government of the U.S.S.R. is afraid to introduce capitalist economic reforms because of a possible public backlash against the resulting inflation and unemployment, a top Soviet economist says.

Andrei Anikin said reducing central economic planning and removing price controls will inevitably lead to price rises that outstrip wage increases, and to shutdowns of inefficient industries that will cut jobs.

“The government is very unwilling because its political rating is very low,”’ said Anikin, who advises President Mikhail Gorbachev on economic and financial restructuring

“It’s unwilling just to say-to the people honestly and openly that a switch to a market economy would entail substantial sacrifices.”

CIBC management purge called for

TORONTO (CP) — The Canadian Imperial Bank of Commerce is mired i Donald

remaining in the ‘‘middle of the pack”” it it” Tails ‘to improve —its

in i says Fullerton.

Fullerton is trying to purge the bank of what he calls ‘‘middie- management mush” and has told all officers and managers to take a tougher approach in evaluation of the performance of their employees.

In one letter to his managers, Fullerton criticized those who act like a ‘sponge or insulator

Such people muddle clear direc- tions and stifle “‘initiative, creativity and innovation"’ on the way up from the lower levels, said Fullerton, | who has been at the CIBC for 37 years, the last five as chairman and chief executive

In the same letter, distributed in ‘April, Fullerton warned officers and managers that the CIBC -- Canada’s No. 2 bank — will haye trouble even

position.

Canada's major banks have been losing their preeminence in the face of mew competition from trust com- panies and foreign-owned banks.

The April letter was a follw-up to a seven-page letter Fullerton sent to all bank officers in February, reminding them the CIBC is in fourth place in terms of return on assets and return on equity, two key ratios by which bank performance is measured.

The bank must focus on changing its personnel management, the letter said, something ‘made infinitely more difficult when this responsibility has been managed in a weak ‘country club’ fashion for many years.”

In the second letter, Fullerton said he hasn't received ‘“‘positive feed- back" from the 230 vice-presidents and above, but has instead got it from lower management levels.

Small firms defended

MONTREAL (CP) — Banks are slapping small businesses with ‘‘un- conscionable’’ service charges at a time when the economic slowdown threatens the survival of some firms, the Canadian Federation of Indepen- dent Business said.

The lobby group said a national survey of 1,851 firms representing a cross-section of its 87,000 members indicated banks have been increasing service charges, tightening credit-lines and changing existing loan conditions for as much as one half of the small business community since June 1989.

It is ‘‘unconscionable how the banks continue to overcharge and

over-demand on everything from writing a cheque to maintaining a loan or credit line,”” said Pierre Cleroux, the federation’s senior economist.

With high rates and a recession looming, ‘‘small firms are more volneratie than ever to rising bank costs and to having their loans called or credit lines reduced,”’ Cleroux said.

Banks said they are interested in the welfare of smaller clients but their words are not mirrored by hefty collateral demands and service fees, he said.

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Lori Baker, 14, of Castlegar takes aim at the basket from the free-throw line in the gym at Stanley Humphries secondary school Thursday. The school just completed its annual week- long girls basketball camp Friday. A boys camp was held a week earlier.

CasNews photo by Ed Mills

Fastballers head to provincial tourney

By ED MILLS Staff Writer

The team definitely has the pit- ching. The hitting is there. Now what about that defence?

That's the story — the way the coach sees it — on the Castlegar fast ball team that left yesterday for the Intermediate C Men*s Fastball, Provincial championships in Agassi and Aldergrove.

The team, made up of players from three of the four teams in the Castlegar league, has played only a couple of games together but co- coach and player Bob Marsh said all the elements are there for success at the provincial level.

“Our pitchers will hold us in (so) if our defence can hold them to one or

Three pitchers will make the trip in- cluding league and playoff MVP Eli Soukeroff of Banjo’s Pub. Cam Sookro and Tony Kabatoff, both from Trainor Mechanical, make up the team’s solid starting rotation.

As for hitting, there’s no problem in that department, Marsh said, listing Banjo’s Terry Taranoff, Trainor’s Eli Chernenkov and Mike Nelson, and Soukeroff.

“There are five or six guys who can hit it out of the park if they have to — I think our sticks are good enough,” he said.

Well then, what about that defen- ce?

“That could be our only weak point,’’ Marsh said. ‘‘We haven't played that much together so there could be a lack of communication at times that could hurt us. Defence will

Krutov returns ready toplay

VANCOUVER (CP) — The Tank is back.

Vladimir Kurtov momentarily panicked at the first sighting of a Nor- th American reporter since he Promised to return to Vancouver from Moscow a changed man.

Approached as he was pushing his baggage cart out of Vancouver air- port, Krutov frantically waved for his agent, Vitaly Shevchenko, who was

shepherding his client through the crush:

“No comment, no comment,’” repeated Shevchenko.

Brian Burke, the Vancouver Canucks’ director of hockey operations, said the team was prepared to suspend Krutov without pay unless he reported in shape to training camp, which Mens Sept. 7 in Victoria.

But judging by his body language at the airport, Krutov looks to be trim- mer—and—meore_elusive than last season, when the 30-year-old left winger was criticized for being over- weight and underproductive in his rookie year with the Canucks.

In a lengthy interview with the newspaper, Sovietsky Sport, Krutov was quoted as saying his preparation for the 1990-91 NHL season will be

entirely different

“To play at the top level for a whole season — this is the very goal I have set for myself,** Krutov said.

Considered one of the finest players in Soviet hockey history, Krutov produced only 11 goals in 61 games and looked lost defensively with the Canucks. By the end of last season he was seeing spot duty or not being used at all.

4 aN

ELI SOUKEROFF . . pitching ace

definitely be the key on how well we do."”

Team Castlegar opened play in the 15-day championships Friday against the Sar Majors from Delta. Results weren't available at press time.

The rest of the team includes Clay Liber and Jim’ Nazaroff of Banjo's, Ed Strelaeff and Cal Sookro of Trainor and Hank Deadmarsh from the Salmo Hotel team

No Labatt’s players are making the trip.

Rain dogs Trail Little Leaguers in Williamsport

WILLIAMSPORT, Pa. (AP) — Four days of rain have made William- sport an unsuitable place to play baseball.

The rain forced the first delay ever for a Little League World Series ehampionship—game. Since Little Leaguers can’t play doubleheaders, and the tournament is so far behind, Sunday is the earliest a title game can be held.

“We will not cancel the World Series,’? Little League spokesman Steve Keener said, warning that it could be Monday or Tuesday before the title game is played. ‘*We will un- dertake major efforts to get the field ready.”’

For the second consecutive day, rain interrupted play Thursday

Wednesday, a quarter-final game was stopped in the bottom of the third inning. Thursday, noboby got a chan- ce to take the field

“The tournament committee has examined the playing field and found it to be unplayable,’’ public address announcer Cliff Glier told the crowd at 4:03 p.m. EDT Thursday, two hours after the U.S. East-South quar- ter-final game was scheduled to resume

A dozen groundskeepers rebuilt the Lamade Stadium infield and un

covered and covered the infield with a tarp three times, but they couldn't keep the World Series’ championship game intact.

“It’s a sad day for the kids who played so hard at all levels to get here,’ Keener said. ‘We're sad for the players who didn’t get a chance to play here all week.’”

Water was pooled up to four inches deep in some parts of the outfield. The infield appeared playable in spots, but only those spots where the grounds crew had done more than six hours of work.

It was imperative that play resume if the championship was going to be on TV Saturday

Under Little League rules, players cannot participate in doubleheaders. If they could, games could have been made up on Friday to keep Satur- day's game on schedule

Now, the final two quarter-finals are to be completed Friday, semifinals are set for Saturday and the cham- pionship will be on Sunday

Canada's—representative, from Trail, B.C., defeated Mexico 8-3 Tuesday to advance to the semifinals

All 43 previous world champion- ship games were played on Saturday afternoons. The start of the 1980 game was delayed 1% hours by rain

Pros and prospects contemplate season

By CasNews Staff

With all the talk lately about expansion teams in the NHL, maybe it’s time Castlegar thought about getting a

franchise.

Consider a line with New York Islanders draft choice

Travis Green centering the New Jersey Devils’ Claude Vilgrain and Detroit Red Wings draft Kelly Hurd.

Add a pair of bruisers like Edmonton Oiler draft

No, we don’t have the pepulation_base, we don’t have a facility or the money, but we do have one thing — players.

Darcy Martini and the Spokane Chiefs Steve Junker on defence and it only looks better.

‘With those-five on the ice team-Castlegar would stilt have talent like Vancouver Canucks draft Dane Jackson

If you put all the hockey players currently summering in Castlegar on a team you'd have a pretty fair hockey

club.

CLAUDE VILGRAIN Age: 27 Last season: Called up from Utica Devils of the American hockey League by the New Jersey Devils for the last quarter of the season and the playoffs This season: Fighting for a starting job at right wing on the Devils. Quote: ‘‘When you haven't played a full season in the NHL you're always fighting for a job. They've said the door’s open for me."" Goals: ‘50 of them (and) staying up there."

Leaving Castlegar Aug. 31, for the Devils training camp which begins Sept. 7.

DARCY MARTINI Age: 21 NHL team: Drafted in 1989 in the eighth round, 162nd overall, by the Edmonton Oilers. Last season: Scored three goals, 17 assists and led the NCAA in penalty minutes With 132 as a defenceman for the Michigan Tech Huskies in the Western Collegiate. Hockey Association.

:. Entering third year at

Tech majoring in

marketing. Quote: ‘I feel I have the reputation in the league now that I don’t have to fly off the handle as much anymore."’ Goals: “Always to improve, to get more points and work to try and cut

and former NHLer Gordie Walker on the bench. Stanley Cup here we come.

my penalty minutes in half from last year” Leaving Castlegar on Monday for

NHL team: Drafted in 1989 in second round, 23rd overall, by the New York islanders. . Last season: The principal player in a blockbuster trade in the Western Hockey League when he was dealt to the Medicine Hat Tigers by the Spokane Chiefs for two players in January. Scored 60 goals in the WHL last season and still has one year of eligibility This season: Currently at a power- skating school in Edmonton, Green ll try to break into the Islanders

Of those five, only Vilgrain isn’t a native of Castlegar, But since he married a Castlegar woman here last month, the city could consider him an adopted son.

The only thing missing is a goalie. Any suggestions?

There is one big problem with the scenario — even if all the players are home-town products, they’re still the property of other teams. So unless somebody's willing to step-into the NHL market, start a franchise, then-start

wheeling and dealing, the make-believe sunk in the water before it gets started

lineup at centre for the second time.

Outlook: Green stands a good chance of sticking in the Islanders sx stem this season, either in the starting lineup or with the team’s minor league affiliate in Troy, N.Y. which is now being coached by Butch Goring, Green’s coach when he played for the Chiefs in Spokane.

KELLY HURD Age: 22

NHL team: Drafted in 1988 in the seventh round by the Detroit Red Wings.

Last season: Sixth in team scoring as a right winger on the Michigan Tech Huskies with 12 goals and 13 assists in 37 games.

This season: Will graduate with a degree in business administration

Still, it’s nice to dream

And speaking of a couple more are gei..ng set to chase their dreams as the hockey season gets closer

cams, all those players named and

Some hope to break into the NHL this year, others have a short timeline for getting there and some are ready to wait it out a bit longer.

team-Castlegar is

Here’s a rundown of who’s doing what. attd where they're doing it-asthe-pros and prospects in Castlegar get

ready for a brand new hockey season

from Michigan Tech Quote:.*‘lt's my last year so this is the year that I have to make it or break it It’s a real important year for me."’ Goal: ‘‘I'd like to be playing in Detroit by the end of the season."’ Leaving for Michigan on Monday

DANE JACKSON

Age: 20

NHL team: Drafted in 1988 in the third round by the Vancouver Canucks.

Last season: Scored 15 goals and ad- ded 14 assists in 42 games playing right wing for the University of North Dakota in the Western Collegiate Hockey Association

This season: Entering third year at North Dakota taking business management it.

Quote: “This school won three national championships in the "80s so I'd like to help to start that dominan- ce again in the 90s."" Goals: ‘‘Finish college and in two years I should be ready to give it (the NHL) a shot

Leaving Castlegar on Sunday for college which starts Tuesday

STEVE JUNKER Age: 18 : Last season: Defenceman for the Spokane Chiefs in the Western Hockey League

This season: Returning to Spokane for his sophomore year with the Chiefs.