AB - The Terrace Standard, Wednesday, April 8, 1998

TERRACE STANDARD

‘Business REVIEW

Hf Vitamins galore

SANDEEP SANDHU is one of the three employees

‘of Sangster’s health centre, which opened on Greig

Ave. across from the Co-op last week. Sandeep's fa-

ther, Hira Sandhu, built the building in which the

vitamin and mineral store is located and is the owner

and franchisee. Sangster's is a Saskatchewan-based "
franchise chain, with 42 other locations in Canada.

This is the sixth location in B.C.

Out & About

New boss at West Fraser

THE HEAD of West Fraser’s northwest operations
has been replaced.

Trevor Fourmeaux, who replaced longtime regional
manager Bruce MacNicol late last year, has gone to
Ranger Board, Alberta, to become general manager of
a West Fraser medium density fibreboard plant there.

Taking over as the new gencral manager of northwest
operations is Lou Poulin, who's been the plant man-
ager of Skeena Sawmills here since 1992. Poulin will
also continue in his role as plant manager.

.Century 21 sold

LOCAL REAL ESTATE firm Century 21
Wightman and Smith Realty Ltd. has changed hands.

Office manager Jim Duffy took over ihe business in
January following the death last summer of former
owner Stan Parker.

CMHC
Home deal

opens up,
gets pricier

THE CANADA Mortgage
and Housing Corporation
has opened up its popular
home buyers’ program.

The change now allows all
buyers — not just first
timers — fo buy homes with
just five per cent down,

But it’s also increasing the
premium to 3.75 per cent
from 2.5 per cent for the re-
quired insurance for buyers
who have down payments of
5 per cent to 9 per cent.

Terrace realtor Gordie Ol-
son, area rep on the Cariboo
Real Estate Association,
says opening up the five per
cent down payment option
to all buyers will help.

‘More people who had
houses and got out of them
for one reason or another
now have an easier way of
getting back in,’” he said.

But he does caution that
the increase in insurauce
premivms meas a pur-
chaser will have to pay

- more for that service. That

amount is usually added to
the mortgage.

On a $95,000 mortgage
based on a down payment of
$5,000, the increased
premium rate of 3,75 per
cent will tack $3,562.50 to
ihe total cost,

Olson said extending the
five per cent purchase pro-
gram to ali buyers will en-
courage more renters to buy,

“*T think this will have an
impact on the less than
$150,000 (home) price
range,’” he said.

CMHC stats show 70 per
cent of the more than
610,000 first time home
buyers over the past six
years needed the five per
cent option.

The increased premiums
come into effect May 11
and that could mean a surge
in real estate sales leading
up to the date.

THANK YOU
FOR YOUR
SUPPORT

J wish to thank all those who
voled and supporied me in the
recent By election, and please

remember to give me a call
should you have concerns,
OLGA POWER

That’s right! You can save an extra
10 - 30% on all Regular and Sale priced
items you purchase with
“Pick Your Discount”!

UNE COMPAGNIE GENDIS A GENDIS COMPANY

120 CITY CENTRE - KITIMAT

fe ten,

PAY IN pat ak ue Aa ui i
FULL BY UL BY PAY I
APRIL 15, 198 otek i 1998) BY an ian

6750 tH FREE GEAR
DR 2 FREE AIRLI NI
ICKETS. ON THEA

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‘99
MODEL

won et tint ENT
Northwest Aitine Tickalis) = Tw” One One
OR oR OR
Free A $950 . $650 $650

HURRY! OFFER ENDS APRIL 15,

GO WHERE OTHER SLEDS GET A.

NOSEBLEED.

roe Ae eke
~~ WHEN YOU PURCHASE DURING
SNOW CHECK

1999

(19981

ALL OFFERS INCLUDE

© Free second year ening sarice contract
@ Total and wasranty unlit $ 2/1799

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AUTOMOTIVE & INDUSTRIAL SUPPLY

AUTO PARTS & SERVICE CENTRE .
635-6334

4641 Keith Avenue, Terrace, B.C. +

The Now Chack promotion it not avolele to principals or
 Avuiloble only iM participating dealers. Yoid whets prohibited
pi. sed under he Saew Cheek progecm must be rag vored inthe evitoner’s nome ot
la ond payoff the deolar na otter
homers will nod qualify for any other Polaris progroms in effect of the fi
tions. Modal avoilobilify, excep! under Seow Chee
dealer for cts 1998 Polaris eties Lid

P@®GLARIS

RIDE THE BEST

: of Polaris tndvitries ltd. authorized Polaris denterships,
law, Manvfacturor’s sugguited toll prices do nat tall! heigh, setup or lanes,
shown on thie Seow Chack,
than October 1, 1998 unless the cuskamar slacts ot time of Saw Check fo take the early payment option.

be arcilabl from Peler|s by tha end al September, “he customer wil have 10 doys from the unit's artival ef the deakership te complets tha purchase. Seow Chock cus:
ma of delivery and cannot chongs model or pickup and payment optiont once a Snow Check
order has bese placed, Olfer good Murch I through April 15, 1998, Polat ravarves the fight lo change modelt ond specifications of ony liane without incurring obli-
h, mnary be severoly limited, certain reitrictions oppiy on Northwest Airling fickeit, Sea your portielpating Polaris

rocary, povemnment Aeet of rents! iri

The customer mil ike ieleet yal te showeina
Should « Snew Check not

Machine Shop
% off

5 Automotive

‘Engine Head Rebuild
(Cars & Light Trucks)

OFFER ENDS APRIL 30, 1998

State of the art engine rebuild equipment
* Fly wheel grinding

Spring Fever Specials

12-V Batteries Synthetic blend

For Garden Tractors motor oil
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For Recreational Vehicles Size: 1 L
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99.99

UNE 27RVS 175 min.

Trailer Tires
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UNA 40313 5708 $54.99 Trailer Wheel
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Includes: : bearings, seal, |:
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~~ Many More” a
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on
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ap a i ra AUTOMOTIVE & INDUSTRIAL SUPPLY

» AUTO PARTS & SERVICE CENTRE

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