A160 - The Terrace Standard, Wednesday, October 23, 1996

TERRACE STANDARD

Business REVIEW |

OLD, POLLUTING vehicles like this one may soon be off the road if B.C,
Automobile Dealers Association president Kelly Armstrong gets his way.

Old cars targetted

SOME DAY you might be able to get rid of
that old beater in return for a price break on
a new or used vehicle.

That'll not only put you in a higher class
of vehicle but take an older, more polluting
and possibly unsafe one off of the road.

’ This is already happening in the lower
mainland and in Victoria through a pilot
project called “Scrap It’?

The project is financed by the BC,
Automobile Dealers Association
(BCADA), oll companies and transit
authorilies with the assistance of the
provincial government.

“Vehicles today emit 96 per cent less
pollutants than 10 years ago,’’ says
BCADA president Kelly Armstrong who
was in Terrace last week.

To date 346 people have taken Advantage
of the program which results in a price
break of up to $750 on a new vehicle or
$500 on the price of a used vehicle by
scrapping a 1982 or older vehicle,

The pilot program is one way for the
automobile industry to respond to pollution
worries, he adds.

Arnstrong’s visit to Terrace also gave

wher DOh dia ee oes

EXTENSIVE RENOVATIONS are un-
derway at the Terrace Inn to reflag it un-
der the banner of the Best Western chain.

Hotel owner John Georgilas says he’s
spending more than $500,000 to make the
changes — which include new king size
beds, carpet, windows, TVs and furniture in
nearly ali of the 68 rooms,

“Everything’s brand
Georgilas.

He’s hoping the major remodeling and
new affiliation will help improve the
hotel’s image, which was tarnished 18
months ago when it went into receivership
under the helm of former owner Amajit
Sidhu. Georgilas, who had sold the hotel to
Sidhu, regained control during subsequent
court proceedings,

Geargilas has repainted the exterior of the
building and plans to add & metal canopy
on the addition portion so it matches the
rest of the building,

Gigi’s nightclub downstairs is also getting
a facelift, with new leopard skin carpetting
coming in as well as. an expensive new

new,” says

him the opportunity to speak about the
automobile industry which has been partic-
ularly hard hit by a series of taxes.

That, combined with a staggering in-
crease in personal taxation, makes for an
industry that has experienced fairly Bat new
automobile sales in the last while,

“It’s getting to the point where the aver-
age consumer can’t afford one. We have to
say now that the cash cow has come to an
end,”’ says Armstrong.

One indicator of the level of taxation is
that while B.C.'s automobile dealers chalk
up more than $6 billion a year in revenues,
more than $800 million is tumed over to
various levels of governmeut.

“We're a very efficient tax collector for
the government,” says BCADA vice presi-
dent Marion Keys who accompanied Am-
Strong on his visit here. ,

The prices of new vehicles has in turned
spawned a new industry — leasing,

Armstrong, who owns a Ford dealership
in Victoria, says 54 per cent of all new
Fords going off of the lots are now leased.

The advantage is a lower price for the
consumer and a lower tax bite.

errace Inn remodels

Out & About

sound system,

A new sound systema has also gone into
Augie’s lounge on the main floor,

Renovations are planned for the lobby as
weil.

Georgilas hopes the hotel can join the
Best Wester reservation and booking sys-
tem as early as January.

Business fair soon

MORE THAN 25 home-based businesses
are getling ready to display their wares at
the annual fall business fair Nov. -2,

The fair takes place in the arena banquet
room, beginning at 10 a.m. and Jasting until
6 p.m.

Those interested in renting a table should
call 635-5097.

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The Terrace art Gallery is currently planning a

Workshop With Alan Wylie

Call the Gallery at 63 38884. Now to