A& - The Terrace Standard, Wednesday, February 26, 1997

Business REVIEW

Out &
About

solutions sought

A CONFERENCE of farest industry
people will be held Mar. 15 at the Coast
Inn of the West to try to find solutions to
the problems affecting the industry today.

I's being organized by the Kitimat-
based Northwest Communities Coali-
tion, according to the Linda Gammel.

The Keynote speaker will be IWA repre-
sentative Terry Tait from the Cariboo
Community Coalition,

Air fares soar

IF IT seems like the sting has gotten
worse every time you had to fly to Van-
couver on short notice, you were right,

In the last 12 months the airlines have
jacked the full fare rate three times —
from $713.97 (including taxes) one year
ago to $839.95 today, That represents a
nearly 18 per cent one-year increase.

Fares from Prince George to Vancouver
are generally lower than bere. If you fly
between those cities on no notice right
now, you're paying $741.38 with taxes —
about $100 less.

If you book one week ahead and stay
over on Saturday, you'll pay $443.77
with taxes right now for Terrace to Van-
couver, return.

Local travel agents are expecting anoth-
er hike soon.

It’s getting Real

CITY OFFICIALS expect Westfair
Properties will soon pass the final hurdle
of getting a building permit.

The company is in the process of selec-
ting a general contractor and all expecta-
tions are that it will begin construction of
ils 36,000 square foot Real Canadian
Wholesale Club oullet in just a few
wecks.

The project has already succeeded in
getting rezonings, subdivision and a de-
velopment permit. Company officials
have indicated they’re ready to 20 as soon
as the ground can be worked.

Another one close

THINGS ARE looking goed for the de-
velopment of a Canadian Tire store on
Hwy 16 west at Brooks St.

City officials say the developer has in-
dicated he’s prepared to proceed and a
public bearing of the project is slated for
March 10th at 7:00 p.m. at city hall.

If that goes smoothly, council will like-
ly pass the rezoning of the property to
commercial.

Developers have given other businesses
now on the land 90 days notice, indicat-
ing construction could begin as early as
May.

Cily planner David Trawin said total
offsite requirements set out by the city
and the highways ministry will cost the
developer between $350,000 and
$500,000.

The developer will have to pay to put in
a left-turn lane on the highway, provide
for other roadway extensions, put
sidewalks in on the highway and pay 10
move a hydro pole,

Canadian satellite
TV here by April

CANADIAN digital satellite FV pro-
vider Starchaice will roll out its direct-
to-home service in April.

Terrace dealer Pro Tech Electronics
was part of the company’s cross-
Canada demonstration of its system last
Wednesday.

Starchoice is hoping to beat rival Ex-
pressVu to the punch and become the
first authorized Canadian firm to ac-
tually hegin providing the satellite TV
service. Both companies have been
given the go-ahead by the CRTC.

Starchoice president Greg Walling
said last week they’ll start offering
basic service Mar, 31.

That will consist of 12 channels —
the basic Canadian and American
networks, plus CBC Newsworld, YTV,
the Family Channel, TSN, Much
Music, plus movie channels Movie
Max and Super Channel.

The basic package would sell for
$19.95, but subscribers would have to
also lay out $899 for the pizza-sized
dish and hardware.

By late April larger packages of chan-
nels are to be available, plus up to 40
CD-quality music audio channels.

Pro Tech’s Gilles Lacroix says the
digital satellite‘service will offer better
quality images than cable systems, plus
CD quality music-only audio stations.

StarChoice will use the same Echostar
system as U.S.-based digital satellite
TY providers are using.

Lacroix says that system is becoming
the indusiry standard, meaning that if
something happened to the service a
subscriber should be able to switch
their hardware over to a different pro-
vider.

But it’s unclear how much of a dent
— if any — the Canadian service will
make in thé so-called grey market —
the large numbers of Canadians who
have bought systems that receive the
unauthorized U.S, signal.

IT WORKS: Starchoice demonstrated its Canadian digital satellite

TV service last Wednesday at the Terrace inn. That's local dealer
Gilles Lacroix, of Pro Tech Electronics.

ustom Picture |
Framing

Now is the time to spruce up
your home or office.

: Custom picture
framing and all
| — framed prints.
(Including limited edition prints.)
FOR THE ENTIRE

MONTH OF MARCH

C44 STUDIO

4820 Halliwell Avenue, Terrace « Tel: 638-1403 or Fax: 638-064

NOW IS THE TIME TO DEAL >
ON NEW SUZUKI 4WD’S

(CANADA'S LEAST EXPENSIVE SPORT-UTILITY VEHICLES)

1997 GUeVSKTHIEIKE

Pg oe

fA An
* On the fly dwd
* 5doors
* Anti Lock Brakes
® Dual Airbags
* 1.8L engine, 16” Tires.
* Power Windows, Locks

© And much, much more...

*21,995"

1997
CLASSIC JX

« On the fy dwd
® F doors

# Anti lock Brakes
¢ Dual Airbags

* Rear Wiper

¢ Rear Defog

© And much, much more... cor.

$18,995
$ SUZUKI

Ask anyone who owns one™

LAST 1996

>€sc IX
© On the fy 4wd
© Anti Lock Brakes, dual airbags
* Top of the line “JLX’
¢ Rear Spoiler, Alloy Wheels
® Am/Fm Cassette, Cruise
* The only 2 seater all season sports

547,995"

Columbia Auto Haus

Dealer #6351

(The Consignment Leader}

4109 Substation Ave.
Terrace, B.C. V8BG 3W6

“Price includes everything excep! freight, taxes & licencing

635-0997

COAST MOUNTAINS

SCHOOL DISTRICT #82

REGISTRATION PROCEDURES FOR KINDERGARTEN

(TERRACE/STEWART AREA)

In preparation for the 1997-98 school year, the School Board is seeking the cooperation of parents in register-
ing their child on the following dates. Early registration is requested in order to provide the School District
Administration the time to plan staffing to meet school needs.

The risk of not taking risk

You may think the best way ta sional money managers and offer diversification, which menns

be financially secure is to lake na
risk whatsoever with you hord-
earned money. If may seem odd,
but this no-risk strategy can he
one of the riskiest cpproothes you
can fake. In on effort fo eliminate
risk entirely, you give yourself a
false sense of security and your
socrifice real growth - grawih that
out pace inflation,

Why? Becouse leaving your
money in @ savings account or
even quordnleed investment cer-
fificotes (GICs) moy keep your
money safe, but it almost certain-
ly won't grow enough to meel
your fulure needs. The returns
olfered by low-risk investments
ore often barely enough to keep
up with inflation.

So the real risk is not taking of
least some risk with your money.
That doesn’t mean gambling eve-
rything you own. It means putting
at least some of your monay into
investments which, over the long
run, do better than savings
accounts ond term deposits such
os GICs, The problem is that most
people are afraid to take ony risk.

You'll never eliminate risk
entirely, but you con evaluote it
and manage il by thinking long
term, diversifying, using profes-

keeping a level head. While you
may find it difficult 10 keep cool
when you heor negative news
about the economy, interest rates
or the stock morket, remember
thot bad news sells.

Peter Arcadi, :
Broach Manager with Primerica
Finan! Servites In Terrace

The 1987 stock market crash
created an avalanche of news
coverage. But when the market
recovered in less thon a year, that
fact was borely mentioned.

If you shudder of the thought
of the stock market, equily
mutual funds are on ideal vehicle
for reducing risk over the long
term. They're managed by pro-
fesstonals whose job is to seek
out and analyze opportunities on
your behalf, They con ba tailorad

to fit your risk tolerance ond they:

the ane lower-performing stock
doesn’t bring the others down, In
addition, they can out poce infla-
tion. Over the lang term, well-
managed equity mutual funds
have outperformed less “risky”
investments,

"Remember that the stock
morket is just @ slora where the
prices go up ond down,” says
Flizabeth Hoyle, vice president of
Morketing af Trimatk Mutual
Funds. “It’s not tha stock market
thot's scary, it’s the behavior of
investors.”

Hoyle says that investors who
panic and sell because the market
is down ore running from the
store when there's a sole on. And
if they go shopping when the
prices are up, they're lining up ta
poy more, “You wouldn't do that
if you were buying clothes or
food,” she adds, “so don’t do it
wilh your money.”

Your unit volue and investment return
will fluctuate, Importont information
chou! ony mutual fund is contained in its
simplified prospects. Read your prospectus
carefully before investing,

You con obtain one from:
ree Arcodi, PFSL Investments Conada
Lid,

Phone: 635-7800 or

1-800-295-7676.

REGISTRATION FOR KINDERGARTEN

from 9:00 a.m. to 3:00 p.m.

WILL TAKE PLACE ALL WEEK, MARCH 3-7, 1997

To be eligible for entry to school in September 1997, students must he five years of age on or before
December 31, 1997. A birth certificate and proof of immunization will be required at the time of registration.

Please note that by Ministry of Education rules set in Victoria, full day Kindergarten programs will only be

offered to children:

* who have been identified as having special needs,
who are of First Nations ancestry, or
* who have significant difficulties speaking or understanding English.
Requests for full day instruction should be made at the time of registration and the school will contact you to

confirm this.

E rench Immersion - Kin n

———

This program begins in Kindergarten, with 100 percent instruction In French for at least the first one or two
years. English language arts and subjects taught in English are introduced at higher grade levels, Registration
for French Immersion Kindergarten takes place at Kill K'Shan Primary.

ie i ws ee, Mi a es ll