ce ll KEN GEORGETTI: Privatization is a political decision, it has nothing to do with economics at all. Weather Date Hi Lo Jun. 20 19.1 4.1 Prec, nil Jun. 2114.6 7.1 68mm rain Jun. 22 15.3 9.5 2.7mm rain Jun. 2314.5 7.5 trace of rain Jun. 2417.4 7.7 trace of rain June 20 - 26 report Jun. 25 14.6 9.3 3.4mm rain Jun. 26 19.7 8.7 trace of rain Forecast: Cloudy with Isolated showers. After- noon highs near 16, over- night lows near 10. Council committee agenda The following items were referred to committee by Ter- race city council Monday and may be discussed at the next -committee meeting. These meetings are open to the public but observers are not permitted to participate in any discussion or make any presentation without an invitation. Meetings have a set schedule the week following each council meeting, but this is sometimes changed for the convenience of commit- tee members, For more informa- tion contact Denise Fisher at 635-6311. Planning and Public Works, to be held on Wednesday, July 6 at 7:30 p.m.;: 1. Reapplication for a provin- cial government cost-sharing plan to resurface Halliwell Ave. from North Sparks to North Thomas. 2. Investigation of a com- plaint that public access on North Munroe between Gair and Shames. — continued from page 1 ‘approved and Skeena Cellulose will soon be asking for tenders to finish the road at Shames. However, because of the timing he said he still isn’t certain the new facility will be operational this winter. . After discussing the matter, council agreed to ask the regional district to forgive the interest payment entirely and send a letter of support to the federal government in an at- tempt to speed up the signing of the $502,000 loan. Last week, Kitimat council agreed to ask the regional district to defer the loan "payment to the seventh year. — Dairy is being denied. Community and Recreation Services, to be held on Thurs- day, July 7 at 4:00 p.m.: - 1. A Terrace Kinsmen Club request for the city to waive the $450 arena rental fee for the Lip- pizan Stallion Show. 2, Terrace Advisory Parks and Recreation Commission recommendations on the pur- chase of land east of Christy Park and park user fees. I SS lO 7 ee — Pa TERRACE — If privatization meant jobs ‘with wages and benefits that are equal to those that exist today, and if the quali- ty of work that now exists were to be maintained, Ken Georget- ti, President of the B.C. Pedera- tion of Labor (BCFL), says he would be in favor of it. by Tod Strachan Georgetti told a Terrace audience last week that privatization means selling off the province’s assets at ‘‘firesale prices’, reduced wages, a lower quality of work, and bankrupt- cies. And because the govern- ment isn’t giving voters the facts, Georgetti says the B.C. Fed is holding public forums throughout the province so they can make informed decisions and tell the government what they think. “If privatization was so good, then it would be a very simple matter for Mr. Vander Zalm to shut me up, and all of his critics up, by producing studies and statistics that would show the ‘advantages of privatization,” says Georgetti. But he says that if you ask any Social Credit MLA to talk about privatiza- tion, they will say that it’s up to Vander Zalm to do the talking. Georgetti says they have tried to get the Socreds to discuss privatization at public forums but, with one exception, they have ail refused. The exception, he says, was in Kamloops where MLA Bud Smith showed up at a forum but would only talk about free trade, not privatization. He added that MLA Dave Parker was not invited to attend the Terrace meeting because in the past he has declined similar requests. The Terrace meeting, like others in the province, . was held without anyone to defend the privatization concept. | According to Georgetti, privatization is not an economic Real Estate a hedge. CENTURY 21 OFFICE: 633-4361 HOME—BLUE CHIP INVESTMENT Despite all the talk about protecting your dollar, sound investments, and hedges against inflation, the purchase of a home is seldom mentioned. Yet, a well- built home in a good neighborhood is one of the best hedges against inflation your money can buy. . In the recent years of inflation, for example, home and land values have more than kept abreast of the general rise in prices. This means your home invest- ment puts you considerably ahead of the game finan- cially. Not to mention the pride and pleasure that home ownership can bring you. : There is no reason to believe that this situation will change in the near-(or not-so-near future). New hous- ing starts have dropped sharply during the past few" years but the demand for these homes is constantly increasing. So, it looks like prices will continue to rise. And, as you pay for the house you are saving money you would otherwise pay for rent. Look for the best home your money can buy and enjoy your inflation If there is enything | can do to help you in the fleld of real estate, please phone, or drop in at: 9927 Kalum Street, Terrace, B.C. Jam here to help! By Hans Stach REALTOR & Smith fealty Ltd. ‘pri _ample of how politicians can gain from privatization, he described the situation in Great Britain where Prime Minister Margaret Thatcher privatized in order to downsize the labor vote. : He went on to explain what privatization really means to the ordinary citizen. Highway maintenance is losing its appeal to buyers, says Georgetti, and he doesn’t believe there will be many offers: on this bargain. When the original offers were made, he explains, many bidders didn’t realize that the govern- ment doesn’t pay Federal In- come Tax, Workers’ Compensa- tion premiums or liability in- surance — and if the govern- ment needs money, it just bor- rows it from itself. Georgetti says liability in-: surance is the biggest factor. “Everyone that goes off the road will want to sue,” he said, and argued that these added costs to the private sector will contribute to poor work quality, low wages and bankruptcies. And, says Georgetti, what’s going to happen when a private contractor goes broke in the middle of the winter? He says the government is going to main- tain sufficient equipment to take over where a contractor can’t meet his obligations. In other (okie, words, the government is claim- ing they will maintain the equip- ment they have so it will be available in the event of an emergency — and that just doesn’t make any sense, says Georgetti. There are many other ex- amples, but Georgetti thinks . there’s one that might be a good deal. B.C. Hydro Gas he says, has been a state-owned monopo- ly ever since W.A.C. Bennett bought it and formed a public corporation. The reason he bought it was because a privately owned utility with a monopoly on natural gas wasn’t a good situation for the public. But now it’s for sale and there’ll be offers on this one, says Georgetti, because it’s a money maker. But Georgetti asks, why would the government ‘want to sell something that is making money? Particularly when it gives private industry a monopoly over the province’s natural gas. _ Georgetti says he is asking everyone to ask questions, get information, make up their own minds and be given the oppor- tunity to speak out before any more of the province’s assets are sold off. If privatization is such a good deal for us, says Georget- ti, the government would have — given us the facts a long time ago. | ARIES Mar. 21-Apr. 19 exist. 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