Federal-provincial
coal agreement _

The governments of
Canada .and_ British
Columbia which have been
engaged for some months in
an examination of the
potential for development of
the metallurgical coal
deposits in the northeastern
part of the province, signed

. 8M agreement to share
equally in the costs. of the
ongoing evaluation work, up
to a maximum of $3 million.

The agreement, made
under the provisions of the
General Development
Agreement between the two
levels of government, was
signed by Marcel Lessard
federal Minister of Regional

Economic Expansion and

Don Phillips, provincial

Minister. of Economic

Development, along with

other interested federal and
provincial ministers.

The studies to be financed
by the agreement, most of
which are underway, are

y designed -to identify and
, evaluate the economics of
‘the coal resources, the
‘transportation options in
i terms of road, rail and port
{ facilities, the requirements
j for environmental
| protection, the financial and
: other - implications for
' supporting communities,

eee Ce

+ ‘The largest-ever single
; Shipment of copper con-
‘eentrate from British
- Columbia is being loaded by
‘ the vessel World Achilles II
=at Vancouver Wharves in
: North Vancouver this week.
,; The record shipment is
:elose to 38,000 tons. The
‘concentrate is from various
: B.C. mines and is bound for
;markets around the world.

The shipment contains an ©

estimated 10,500 tons _of
‘Inetallic copper which will
‘bring more

iinto B.C.’s economy from
foreign markets. :

__ P.R. Matthew, managing
‘director of the Mining

n $10 million:

the labour force and °
d the 232

training needs an
developm
triggered in other sectors by

the proposed activity in the
coal :

fields. The purpose of
the studies, whic
considered complementary
to commercial in-
vestigations now proceeding
in.the private sector, is to
provide a basis for informed
decisions that will be
necessary before large-
scale development takes
place. :
The northeast comprises

approximately one quarter -
oO

the land area of the

completed Interim Plannin
Agreement between DRE

and the provincial govern- ~~

ment, and summarized by
the Province in “The Nor

East Report — 1975",
suggest that the source of

any sustained future ex-

pansion in the population
and the local economy will
cali for further economic
development of natural
resources, particularly coal

and forest products.

Record copper.
shipment leaves
Vancouver’

- Association of British.

Columbia, said copper
concentrate is shipped
almost every week In a
typical year to overseas
markets, generating an
annual flow of dollars into
B.C. of close $1 billion.
This record shipment is a
symbol of the export ear-
nings created by the
province’s natural resource:
industries,’ he ‘said.

“The dollars earned filter:
through gar whole economy,
rovi foes in mining,
ansportation and secon-
dary industries supplying
materials and equipment to
the mining industry.”

Alcan dividends.

The directors of Alcan
Aluminium Limited
‘declared a quarterly
dividend of 20 cents per
-share, U.S. funds, on the
common shares of the

company, payable March 7, -
shareholders . of

1977 to

:

TERRACE
PRINCE GEORGE
. SMITHERS

“John Deere
In the North’

Bill Ross
635-3210
mae

Verne Ferguson
635-3916

Dale Stacey
635-4703

| 635-7131

Canstruction and
Forestry Equipment

POSE SCTE ST CCC CCC CCU CC UVCT CVT TTT CTV eeeewer’

gaan Papa pare PPP PPEPPloPOoPelfOorOOrOrOr OPO OOOO OE EEO

Pew Tr? TTTTrCrrrrwve.wwyw.

ma —a

record at the close of
business. February 16, 1977.
This is an increase from
recent quarterly dividends
of 10 cents per share to the
level which was paid“in the
last thvee quarters of 1975.

The number of Aican
Aluminium Limited com-
mon shares issued and
outstanding as of January
31, 1977- was 40,446,694.

A quarterly dividend of 43
cents pet share in Canadian
currency was declared on
the remaining outstanding
44 percent preferred shares
of $40 par value. of the
company, payable April 15,
1977 to preferred
shareholders of record at
the close of business March
31, 1977. |

ent that could be ;

are ,

o .

file

JUDY SHERMAN, vice president of th

Mi

a

e Terrace Jaycettes and Marilyn

Crouse, president (left and centre) were sworn in last week by Shirley

Fedoruk.

Jaycees out-argue Jayceties

JAYCEES 30 JAYCETTES

20 ;
The debate between the
_ Jaycees and the Jaycettes
-on the. question of the
present school system in

B.C. satisfying the flexible.

requirements of today’s
sxiety almost came to a

_ draw last week. =~
The Jaycees took the
’ affirmative side stating the
system is satisfactory as it
is in practice today and as it

is set down by the Depart-

ment of Education.
They argued students can
learn and earn their
education, there is a greater
-understanding between
student and teacher and
specialized teachers are
roviding students with
tter specialized skills.
The
negative

side statin

: teachers..are lazy an

permissive. Students, they
said, are not learning to
read and write or add a
column of figures.

The Jaycettes blamed the
teachers. for no longer
requiring homework,
conducting “‘rap sessions”

instead of preparing work to .

teach and becoming in-
volved in team teaching so
that no one. teacher can be
blamed for the failure of the
student to learn. —

They argued discipline
has fallen to the point where
students who are alwa
truant now simply flunk roil-
call, They said the slogan in
school today is: ‘Know your
stuff, know who you're
stuffing and stuff it
elegantly.” |

The Jaycees argued
today’s flexible system
satisfies
because they are still
sending their children to
school. They said students
are no longer held back to
the limits of one teacher and
there are special classes so
that students can work at
their own speed.

aycettes took the

the general public.

The Jaycettes said
teachers are more in-
terested in holidays and the
pay cheques than they are in
teaching students at their
own speed, They said old
teachers have not moder-
nized their methods. There’

TH

are too many lectures and
not enough field trips and
courses:.are not being
changed every year. They

overhauling right now.
The Jaycees were told

-stated the system- needs

millions of dollars are being |

wasted on education.
Teacher morale is lower
than at any time yet they
receive high salaries.

‘Everytime a teacher takes a

coffee break it costs him 20
cents but it costs the tax-
payer $15.

The Jaycees said the
systeni is flexible because
when the critics said there
were too many illiterate
secondary students the
system began to emphasize
English. . Students who
become involved in com-
munity activities have ideas
that put the adults to shame.
The recent rash of break-ins
in the community are not
the result of poor school
discipline but bad paren-
tage.

Judges
were Ted Taylor, Doug
Misfeldt and Betty Misfeldt.
Ernie Kuehne was
timekeeper.

The final score at the end
of the debate was, Jaycees,
30 out of 50 and Jaycettes, 29
out of 50.

Construction
wage schedules |

The Anti-Inflation Board
has entered into - an
arrangement with the

federal Department of

Labour concerning ad-
justments in. construction
wage rate schedules under

the Fair Wages and Hours of
Labour Act. ,
Under the Act, the

departrnent adjusts wage .
rate schedules from time to-

time as required to maintain
current fair wages in
various zones across
Canada.

The new arrangement
provides that the Depart-

ment of Labour will submit
all proposed increases to the
Anti-Inflation Board before
ublication oof Zone
hedules. The submissions
will use a formula of
compliance either with the
board’s arithmetic
guidelines or,-in highly

for the debate -

unionized geographic areas, -

in line with union rate in-
creases already approved
by the board.

This practice will be
adhered to as Jong as the
Anti-Inflation Board
restraint program is in
force.

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| the Pacifie northwest —

(East of Prince George) _

"HANSON BOOTS

‘

__ *HEXCEL SKIIS

~ 1195 Main St.
: , Phone 847-9941 |

¥

rvwwereeTTeTTrTrrvurvvrTyY.w"

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Canada

Canadian bu

‘The Canadian’ economic -

policy gamble proved to be a
surprisingly successful one
during 1976, says the Bank
ef Nova Scotia in the latest
issue of its Monthly Review.

Rising on the strength of
recovery in the major in-
dustrial economies abroad
achieved a
moderate, but in the cir-
cumstances quite ac-
ceptable growth per-
formance in 1976. The Hank
points out that both
monetary: and fiscal policy
maintained a taut rein on
domestic demand.
Nevertheless, the economy
continued to benefit from

considerable internal
momentum -generated, in
part, by substantial home-

uilding, the Olympics and
several major energy-
related investment projects.

At the same time, the
Review notes, encouraging
headway was made in un-
winding Canada’s inflation.
This success owed much to

‘ Jower food prices, but the

rate of price advance in
other items also was cut
significantly. Nevertheless,
it is clear that this was just
the start of the needed
‘slowdown in Canadian in-
flation.

The Review takes readers

Tomorrow?
That's the day
_ you were going to start
_ exercising, remember?

THE HERALD, Wednesday, February 9, 1977, PAGE A3

siness conditions

jon a general survey of
recent economic develop-
ments in Canada by way of a
series of charts. The areas
covered are, broadly, labour
market trends, earnings and
wage costs; business sales,
inventories, fixed in-
vestment and _ profits,
Canada’s external tran-
sactions, interest rates and
the exchange rate of the
Canadian dollar.

CASH

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Skeena Hotel
4529 Greig 635-2249

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1971 Maverick 1...
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1971 Wolkswagenns. sui sour rn
)1973 Datsuns .c.onue
1971 Portticre sen» se vane vm
1974 Ford cose win cony. va av

F250 Pickup. V-8 auto trans.,
camper special -

1970 Ford ees, ee vs seu

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4