BCFP achieves record sales British Columbia Forest Products Limited today reported that the company achieved record sales and earnings in 1976. Ian A. Barclay, BCFP Chairman and Chief Executive Officer disclosed that sales last year rose to $392 million with net earnings of $26.2 million or $3.40 per common share. ‘Barclay noted that the positive growth patterns of countries. of the western world brought reasonable demand for all ‘of the company's products in 1976, but still not to the extent experienced during 1973 and in the first half of 1974, He indicated that com- parisons of 1976 results with 1975’s were largely meaningless as lengthy work stoppages in the in- dustry severely curtailed production that year. Sales in 1975 were $273.4 million with net earnings of $15.9 million or $2.04 per common share. | The Chairman reported BCFP’s return on in- vestment last year reached 8.8 percent, still short of the’ 10.5 percent recorded by the company in 1973. He said, “The return does not provide cash required to ‘ allow the company lo remain competitive, by modernizing and expanding facilities andmaking en- vironmental improvements Refined version of Work COMPS — chreecere Siceen cee Green ren Soe a Gia rae Stee aa a RSE The federal government's " eontinuous promotion of L.I.P. programs and assorted make work programs is nothing more than an attempt to Whitewash their own in- and at the. same time provide an adequate return to shareholders,” He also said that earnings of the company were 6.7 cents on every dollar of sales. Of particular concern was that despite substanti. sales volume and price increases for lumber, the increases barely covered the cost escalations for producing this product. Fourth quarter results of the company were aided b a more favourable U.S. dollar exchange rate and were substantially better than those of the same quarter of 1975, Sales amounted to $117.7 million and net earnings were $3.9 million, or $1.16 per com- mon share. Barclay also reported that work is underway on the Donchue St-Felicien project in Quebec in which the company has a 40 percent interest. Three sawmills with an annual capacity of 135 million board feet were purchased and construction of a 262,000 ton per year bleached kraft pulp mill is progressing satisfactorily. Commenting on sales results the Chairman in- dicated pulp and newsprint markets were strong until the third quarter of 1976, Demand then weakened as inventory levels exceeded actual requirements. He said, ‘'This condition is anticipated to continue into capability and un- willingness to solye the unemployment problem. _ The government knowing full well the consequences to the worker instigated: a policy to stiffle the countries Thornhill Secondary report cards Mr. H.E. Cox, Principal of Thornhill Junior Secondary has announced that report cards were handed out on Tuesday, February 8 and in this regard the school is holding an open house tomorrow. Mr. Cox states message to parents: “We are having an Open House on Thursday, February 10 between the hours of 7 p.m. and 9 p.m. for the purpose of discussing report cards and any con- cerns you may have. If you find it impossible to attend at this time, please phone the school and make an appointment for when it is convenient. . in a “On February 24 at 7:30 p.m. we will be holding a Public Meeting to hear and discuss parents’ opinions on the government's proposed Core curriculum and any other opinions you have as to what should be in the curriculum. A_ bocklet prepared by the Ministry of Education is available at the school office and should be read before this meeting. Please feel free to drop in and pick one up at any time. “On February 25 the. . Thornhill Junior Secondary School will be closed for the day so that teachers can thoroughly discuss Core curriculum and other topics relating to it.” Liberal office opening Iona Campagnolo, Skeena MP, announced that the official opening of her new constituency office will take _place Saturday, February 12 in the form of an Open House. “Thope everyone will take — this opportunity to drop by the office to say hello and meet my staff.” Open House is from 2 p.m. to 5 p.m., Saturday, Enzyme Action Never use raw pineapple ina gelalin mixture because the enzyme action will pre- vent the gelatin from set- . ting.” A MEMBER OF:: 4 * February 12. The Con- stituency Office is located on the third floor of the Tillicum Theatre, Building (use side entrance), ’ The the first half of 1977." But added, ‘‘Hopefully the economies of the western world will then have im- proved, thus increasing the emand for pulp and paper” woe. Barclay indicated that operating rates only slightly in excess of those achieved this past year are forecast for 1977, with some further production curtailments possible during the first half of the year. Dealing with lumber sales, Barclay said that they improved only modestly during the first half of 1976, then improved significantly from then on. On an ap- timistic note, he indicated “This improved demand should continue as housing starts in the United States, our’ major market, are forecast to be around 1.75 million, where they have been for the past several months.” The successful renegotiation of collective agreements for nearly all BCFP hourly employees is the major uncertainty facing the company at present reported Barclay. The Chairman said, “If these can be satisfactoril coneluded without wor stoppages, 1977 should result in a further im- provement for the company and its employees over last year's achievements.” economy through tight money policies, high in-- terest rates and wage controls. They are now trying to. cover up by suggesting that jobs are being created through the make. work programs, the truth is that the people employed on these projects are earning little more than they were receiving on welfare or U.LC. The fact that they are obliged to supply tools, transportation and lunches in many cases means that they earn less than they received on assistance. Kitimat-Terrace- Labour Council does not find the $200 million spent on the programs a significant figure considering that $600 million was gained by cutbacks to U.LC. benefits alone in 1976. The L.LP. — Canada Works and related programs are simply a somewhat refined version of the workcamps designed in the dirty thirties to keep the unemployed off the streets during the last depression, We suggest that the ‘government starts tackling the problem of unem-. ployment and depression instead of attempting to pull ‘the wool over the eyes of the voters. HOME SEWING “DRAPERIES |» REASGNAGSLE aget® Los We know what your Autoplan 9:00-5:30 Saturday *% Paragon Insurance Agency 201 - 4630 LAZELLE’. ABOVE CANADA MANPOWER needs are Phone 635-6371 9:00-5:30 Mon- Thur wt 9:00-9:00 Friday : ALTERATIONS - REPAIRS RATES LILLIAN JOYES PHONE 638.1415 THE HERALD, Wednesday, February 9 1977, PAGE A? * Most teachers agree. in principle with the Ministry of Education's paper on core curriculum, .BCTF President Bill Broadley told a news conference in Vaneouver, ‘Tuesday, February 1. But teachers do have legitimate concerns about potential con- sequences. that may flow from the paper. . “The problem is, what is a core curriculum?’’ Broadley asked. ‘Some view it as a back-to-basics movement; others will view it as a learning experiences designed to help children cope with today’s society. Does core curriculum in- clude a single, specific. texthook?”’ “It will be difficult to pin down what the public wants in a core curriculum." - Broadley noted that one goal for the primary years in the. Ministry of Education's booklet is for children to read and un- derstand matter written for children. ‘‘That’s a goal no one could disagree with.’’ implementation of a core curriculum could mean nothing more than providing the label “core curriculum” to items already in provincial guides. The minister may be responding to public con- cern to clarify what is already being taught. “It that’s the case, then it’s all much ado about nothing. “Teachers are concerned that if you go back to core curriculum in the sense that Skeena NDP meeting The executive of the Skeena Federal N.D.P. Riding Association met again over the weekend in’ Terrace. Some changes in the svhedule of events over the next few months have been made. The general membership meeting planned to February 12 has been postponed, due to unforseen ratification of the proposed constitution for the new riding, election of officers and business concerning the federal convention in Winnipeg this summer. Plans for the nomination convention in Skeena next fall will also be finalized, ‘The next executive meeting will be held in conjunction with the provincial Skeena's N.D.P. constituency meeting on curriculum: everything is determined in Victoria then you have lost ‘something very valuable in education — the ability to treat children as unique individuals. “Some teachers see the concerns described in our advertisements of a. provincially-determined rigid curriculum as the inevitable consequence of a core curriculum. But most do not. “What teachers are determined to do is to en- sure that we don’t go back to a system where, because of exams, teachers go back to teaching for exams.” The Ministry of Education : has recently asked parents to attend meetings to determine a core eurriculum., The BCTF advertisements, Broadley said, were placed to inform parents and urge them to get in touch with teachers and MLAs to ensure that the schools don’t go back to any kind of factory model where children are all expected to come out the same. Broadley drew attention to a process that had taken Most teachers agree with core curriculum — place in the Cariboo- Chileotin school district where the entire community had become involved in- determining what kind of - schools they wanted to have. -: “That's the kind of process :- that has to go on. A con-:: tinuing process of com-7 munity involvement, not a: one-shot approach.” “ Watch for CANADA HERITAGE DAY |: EVENTS : TWO BIG DAYS q February 19th and 20th 635-3929 font Insurance Work = junds & * Norm Mantel - Proprietor Tony Macedo- formerly of L & D Motors 635-3929 Kilby Rd. New Remo Pa circumstances, until April 23, The agenda will include February 26 in Smithers. Increased _ Autoplancoverage _ atnoincreaseinrates ety Insurance package. THIRD PARTY LEGAL LIABILITY Every motorist must carry this protection on his vehicle for per- sonal injury and property damage. For 1977/78 ithas been Increased from $50,000 to $75,000 at no in- crease in your premium. You can, however, purchase additional coverage above this minimum 7 requirement. Most people carry “4 more than the minimum because ' it is inexpensive and a good safe- guardincase ofa serious accident. “NO FAULT” ACCIDENT BENEFITS . “No Fault" accident benefits have also been increased for 1977/78 - at no increase in your premium. — “No Fault” accident benefits are automatically paid by Autoplan for injury to occupants of your vehicle or to pedestrians you hit regard- lessof whoisatfaultin an accident. . Here are the basic increases in “No Fault.” —Weekly disability payments have been, Increased fram $50 to $75. —Weekly death benefits have been increased from $60 to $75 for a spouse or dependent. —Weekly death benefits have been increased fram $10 to $15 for other than the first depen- ~ dent. . —Funeral expenses have been increased from $500 ta $750. SPECIAL COVERAGE There are a number of special in- surance coverages you can buy from your Autoplan agent or Motor Vehicle Branch office, when you renew your Autoplan Insurance and Motor Vehicle Licence. - We think you'll want to know about these new features and increased coverages in your 1977/78 Autoplan Here are several examples: —Loss of Use may wish to buy additional Personal belongings like cameras, clothes, tapes and sports equip- ment which you have in your vehicle are nat covered by Auto- plan but you can arrange general insurance coverage. Ask your Autoplan agent. LOWER.RATES FOR YOUNG WOMEN Premiums on vehicles whose Principal Operators are females under the age of 25 will be re- duced by 10% in 1977/78. Refinishing— aye weet o** Free Estimates Quality Work « Kilby Rd. FINANCE PLAN An ICBC finance plan is available ‘ for your convenience. if you use the plan, you must still make full payment for your licence plate fees and a 25% down-payment on your Autoplan Insurance pre- mium; the balance will require three instalment payments at two- against your bank account This optional coverage means that if your insured vehicle is in an accident and is not drive- able, you will be able to obtain is 15% per annum month). RENEWAL DATE . ’ substitute transportation. Either an automobile, a taxi or public month intervals. These payments will be automatically. charged if you elect to use this plan. The interest rate on the outstanding balance (14% per transit. The deadline for Renewal is Mid- Special Equipment — night, February 28, 1977. Early Endorsement renewal is more efficient and will A number of special items are not covered by basic Autoplan insurance. The list includes such things as tape decks (not installed by the manufacturer or not installed in-dash by an auto dealer or retail supplier), campers, canopies and C.B. radios. if you value them you RENEW EARLY. WHERE TO RENEW coverage. Vehicle Branch office. STILL IN DOUBT? guide, All About Autoplan, 112-800-663-3051. provinces. Here's an axample for your specific region. Public Liability and Property Damage $200,000 inclusive limits. Collision $100 deductible. Comprehensive $50 deductible. in most cases Autopfan premiums are lower in B.C, than in other save you valuable time. PLEASE You-can renew your Autoplan Insurance and Motor Vehicle Licence at any Autoplan agent or Motor Vehicle Branch office. If you do not receive a renewal form in the mail take your current 1976/77 Certificate of Insurance to any Autoplan agent or Motor After studying the Renewal Brochure and reading the new if you . still have any questions please consult your Autoplan agent or Motor Vehicle Branch office or call the ICBC Information Centre in Vancouver at 665-2800. Our long distance toll free number is. Drivar Automobile — 4876 Volkswagon Beells Dver dO years old =| Willams Lake | Lloydminster | Kenora { Bonaventure | Dartmouth no accidents in the B.C. Alta, Ont. P.2. N.S. lt 3 years pleasure only—aa! to are irom wok $219 | $266 |$326; 8419 | $295 WE WANT YOU TO KNOW INSURANCE ALL ABOUT YOUR CORPORATION “AUTOPLAN INSURANCE OF BRITISH a COLUMBIA Comparative ratas are fram the 1976 Insurers Advisory Organization of Canada manval,