.

83: much °@8. the one that occurred in the early
1980s, Says:the chief economist forthe B.C, Cen-
_vtral-Credit|Union, a

+s Richard Allen said the provincial economy is
_ dnore:tied “overseas than to the rest of Canada
_ Where: indicators already place the country in a
TeCessiONe
- “Our, butter. ig Asia and the United States.
“Japan is not -hegding inta a recession, Korea isn’t.
-The.U.S.‘is not in a recession, it is growing slow-
ah fut much ‘will depend on the oil crisis,” he
ar \C: eae - os °

-) Yet B.C; will be affected by.a recession in other
“parts of Canada because: its monetary policy of
-Tates.and bank policies is tied to a na-

“interest rates
"tional system, Allen continued,
aoe Ontario’ *

is so large. If it’s sick, and the’

“TERRACE — A recession in B.C. may not hurt.

4

&

-are felt,'* he said. 5 ; ;

But while making those statements, Allen said ff

the B.C. economy., © ~-

“The economy (in B.C.) is still growing, but

the rate of growth is declining,’’ he.said. ~
Allen also suggested that a recession might not
last long, :if one occurs here,’ because ‘companies
no longer keep large inventories .atid’ sooner ‘or
later, will require goods and-services to meet de-
And, he said a recession does have some
benefecial aspects, because it. ‘‘shakes out ineffi-
ciencies in the system.’” re
. That shaking out may be painful, especially in

terms-:of bankrupt companies,’’ said Allen, —

he couldn’t predict the.extent of any downturn in

BUSINESS REVIE

ffices and retail space. That's Mike Radelet and

TERRACE — Marketing and
customer service are two most
important aspects of business in
the north, says the person in

' charge of such services for the
Federal Business Development
Bank here. -

Bob Walch, hired recently by ©
the federal lending and business
service institution to conduct
training, said the two aspects
are necessary ingredients for
business success,

-"The best advice is put
yourself in a customer’s place.
You have.to stay close to your

Going up

AKING SHAPE as a new facet of Terrace’s skyline is the new building at the corner of Kalum and
elle being constructed by Francisco Trigo. It will have two full floors and a full basement, containing

~ Customer service
a key to success

Dave Taft working on one of the walls.

Maritimes is always in a recession, those ¢ fects ©

_ Terrace Standard, Wednesday, October 10, 1990 — Page A11

~~

M 6;

~ WINNER! ¥ |
4 4 BILL WESLEY: * |
wwe Kw YT

Terrace Co-op —

- 4617 Greig Ave., Terrace, B.C.

“THE WINNERS STORE” —.
CHECK OUT OUR WALL OF WINNERS!

q

MONDAY, OCTOBER 22, 1990
OPEN HOUSE - Federal Business Development Bank, Branch Office
4641 Lazelie Ave, Terrace B.C.
4:00 - 6:00 p.m.

WEDNESDAY, OCTOBER 24, 1990
WORKSHOP — ‘Stress Management"’
Coping with stress in todays environment is an important part
of managing your business. Take advantage of this workshop
by learning to recognize signs of organizational stress an
how to deal with it.

INN OF THE WEST. 6:30 - 9:30'p.m: Cost $40.00: °

SATURDAY, OCTOBER 27, 1990
‘‘Business Opportunities at Your Doorstep’’
~ INN OF THE WEST 8:30 a.m. - 5:30 p.m.

CONTACTS:

Paul Williams, Manager | :
Dave Richardson, Account Manager
Greg Hazel, Account Officer

Bob Walch, Co-ordinator - Training

-

THE CANADIAN CHAMBER
OF COMMERCE

Federal Business Banque fadérale
Development Bank de dévelappement

= Regional and Economic
“mm SDevelopment

Canad

7

Régional Workshops

customer '— back up what you

are selling,’” he said. Bob

Customer service <and

marketing also combine for

word-of mouth and that can aid
’ or harm.a business, Walch add-

ed, se

Walch’s territory takes in the
area from the Queen Charlotte

- .[slands to Houston and Kitimat
up north on Hwy37,

He's the first full time train-
ing coordinator at the Federal
Business Development Bank

' giving ‘advice on: improving
business and setting up seminars

thwest.

ning,’ he said.

and'courses, _
_. We can either set up.courses
‘through colleges or hold our
own’ one-day or half-day
seminars,’’ said Walch.

“One .of those seminars, on
. customer service, takes place
the beginning . of October ‘in.
Smithers, ‘Terrace and Prince
Rupert.”
Walch also said.there's great.“

‘potential. in: developing native,

owned businesses in the nor- |

_ “We're very interested in
providing assistance (to
natives), We have the tools for
business development and plan-. °

| poiTup
RIGHT. §

Walch

- The Next Steps

‘ The Options Paper - We Want Your Input

“Thé Forest Resources Commission has just released its Options Paper for public review
and conunent. ‘The Options Paper presents five major themes resulting from the
Community Meetings last spring: land use planning, forest resource management, public
involvement, economics, and education. “The Options Paper is currently being mailed ta
those who submitted a brief to the Commission or participated in those meetings.

Ifyou did not participate earlier, you now have the opportunity to do so. If you are
- interested in reviewing and responding to the Options Paper, please write, phone or fax
the Comunission, tu request a capy. .

Timing of Your Response’ _

The Commission needs your written response by November 14, 1990. A stamped, -
- addressed response card is enclosed with the Options Paper. be

“The Comniissioners are also inviting many of those who submitted briefs or made presentations to attend regional workshops in. .
> -Qetuber and November, 1990.-"These workshops will be held in Parksville, Vernon, Creston, 108 Mile House, Prince George, Terrace:
__ and thé Lower Mainland. “The purpose of these workshops is to allow detailed discussion from a wide range of interest, groups iA

- two-day workshop setting. ‘Ihe workshop process, along with the public response to the Options Paper, will make sure the eae
* Cominissioners have heard and interpreted the public accurately, and will help identify preferred! options, identify implications of th
“options, and develup local and regional implementation strategies. - re a Beet

All public responses to the Options Papef and the results of the Regional Workshops will be reviewed by the, Commissioners: As]
newsletter will be prepared outlining the resiilts of both the workshops and public response to the Options Paper, In January, 1991,
the newsletter will be sent to all those who participated. ‘The final Forest Resource Commission report, including all

recammendations, will be presented to government early in the new year, and will be available to the public 30 days later.

cw OF Our
... Forests

Pe eT a |