. 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 -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 |