awy :
tried thelr. three clients"
Who * flpniapped ‘multi-
ynillionaira Hyman Belz-
berg as bulfoons, so stupid
they averslept the day of the:
crime and got lost In traftic :

"making ‘thelr getaway.’
But. provincial court: .
, Judge Doug - McDonald:
-ruled.: Wedneiday . -the
. danger to Belebetg was real.

: and sentenced “his ab-

~ ductors,.~ all.
: family,

. width:
bie erie reece br

- ditiavia-

to. jail: terms
‘ranging trom 18 to 16 years,

-Hedeh,.-. 21, |
: Edmonton * ‘brother-in-law,
“got 12 years for- kidnapping
and: one year for using a. ~

‘Nobleman's: cousin “from.
Medicine Hat; Alta., got the.
same sentences. - Gregory
Raber's

Hireatm.. : ”
“McDonald: “said: he

“recognized that ‘Hedeh WAE.
-only.a driver in the ere. A:
paychiatrle’ report: satd

‘Hedch has. ‘a~borderline JQ...
fram ‘one.

All three also recelyed 10- :

” year concurrent. sentences
for extortion.

Michael Nobleman, M1, of.

Calgary,. who MeDonald,

" Iabelled the organizer of the ”
18 to kidnapping Belzberg, |
58, from the’ ‘parking lot ‘f-
‘his downtown - Calgary:
: furpiture::,

abductlon-laat Dec. 0, got 14
years for: kidnapping ~ and

. two years. for -using™a

firearm in the. offence. .

The trio lo pati’ Jaat Jan.

Store| and.

Adolph Faust; 58, of Calgary

— Was, -atrested In Locarno),
“representing. : -Raber; dal
_ the trio: “operated: An:

: Switzerland cand Ist

_ Evidence: ‘showed “the:
_ Kidnippers ° ‘kept’ Belzberg.
chained: and: handeuffed . In

‘the *~: basement.” * of

-Nobleman’s Calgary home.
He was: us
released: after: ‘his family,

‘for. ‘24 houra.

reported: to. be. worth. $2.1

billion, ‘paid partof | the $7.1
mitlion.. originally

“demanded Into: a Swiss bank
account.” .

: Police arrested: the: “ab:
ductors minutes after they

“dropped him olf. unharmed,

>’ Goldman; ‘called: his: lien
-stupld- and: ‘wefgrred: “to

_ before,

cDenald |

e. ‘police’ on. Nee ‘efforts, ‘but ..
sald the kidnappera were 5
A fourth. man. — George

inept they were destined

‘Notlemati’ lawyer Irv

Hedch as a buffoon.

-, Goldman said. besides : 7
renting | their getaway car in:

thelr: own’ “names, they, got

~ Tost after- grabbing Belzberg -:

and ‘twice drove past police:
gelaway..

“They allowed ‘ther phone.

‘calls to Relzberg' r] family &

MacMillan. Bloedel. profit marginal

VANCOUVER, (CP) ~
MacMillan | Bloedel
chairman Calvert: Knudsen
sald: Wecnesday he expects |
the forest glant to show at
least a marginal profit this
year’ after “losing .957,3
million: in 1982.

"Barcing | unforeseen
eventualities, MB should:
return to. profitability by
mid-1083, and the company:
should: be at: “least:
marginally in the. black for
the, year: as a whole," he
sald: 2

release Wednesday that the
company lost - ‘money

" throughout. the- past: -year,, |
after earning a net profit of |-

$3.3 jnillion in-1981, ©
Fourth - quarter ‘losses
totalled $5.8 - million,

$9.8: milion’ for’ the same.
period. in-1881. got
Sales- "of: products. and
services for .1982. totalled
$18 billion; down fram $2.2
billion in'the previous -year.
Earlier: "Wednesday, :. the
company. ‘announced it was
permanently" closing its _
Ch sinus lumber mill on.
‘Vaheouver “Ieland, ' putting

has-been closed since last
June, lias operated at a loss”

. _ for: ‘five: ‘of the last eight

yeara.” |
Knudsen ‘attributed | ‘the

1962 loa to reduced demand’

for: all:\forest products.
MacMillan Bleedel, . the
largest: ‘forest products
company ’ in: Canada,.: Was ©

particularly hard hit-by the -|...— :

dropin housing starts ‘due to
high: interest rates,:
“Newsprint conaumption
remained relatively stable.
in-’.i982, but increased —
capacity over the past few,
years, co combined with. the™
reduction, éf inventories by '
publishers, ‘caused: both
prices and volumes ‘to: fall
during the year.” “
Knudsen’ sald currency
devaluiitions - ‘by  Scan-' |
Significantly
weakened the competitive

| position.of North American
"pulp and paper producers,

- However, | he said he ‘Jooks
forward: ‘to. the reat of 1983

_ with '“guardéd optimism."

He said | ‘Inflation and.

Intec rates have already:

began ‘falling in the U.S,
making’ housing more af:

. fordable': ‘and. stimulating
; residential ‘construction:,
' Lumber prices, par- |,

ticularly in North America,

have’ ‘improved ‘although

they have fallen . back
somewhat in recent weeks.”

He. :agid: jhe ~ expects”
demand for pulp, newsprint
and linerboard. to increase ©
when-excéssive inventories _
start dimipishing in the next
few inonths.

“Adam: ‘gimmerman,
president of Noranda Mines

Ltd., which owns O-pere

“cent of MacMillan Bloedel,

baid. the. forest products:

compahy- has’ already
, Blimmed down
operalions. 7: >

“The pain and. ‘tost: ‘of

‘doing. that is laryelyover,.

and MB. believes: it:is now’

‘down to fighting weight,” he.
ald in ai interview,

Productivity In the forest
industry, particularly on the
woods -side, has’ Improved

; enormously, he said. “It is

just ‘as important to achieve

productivity gains: on.: the
. Management. side,” ohe-

added.. :
He duggesiod the forest
pevaiets, industry should

Knives watt in a ‘preas ,

with a nel losa of |

iabitadea algnr

look at consortium selling in:
export. markets, ‘along the
Hines of | the: ‘Scandinaylan.
practice. ©: ;

_ “When exports represent
85 per cent of our business,

v i. sadion

there's no point in killing
each other to get to the
marketplace. ”

‘This week's. .move by
Swedish producers to ralse
the price of pulp to $440

Our small business loan .
. program is giving a LIFT |
_to the entire B.C. economy. |
. Small businesses are the backbone of. ~
’ the B.C: economy. Together, they.
_ employ more people than any other
~. sector. That’s why, in these economic :
-_. times, the Government of B.C. has
-* ereated the LIFT (Low Interest.
~~ Funding Today) program. It’s helping.
-"-BYC.’s small businesses improve their
business, And ‘that’s essential tothe _
“economic recovery of our Province. -

By doing something big
’ for small businesses, we're.
: creating more jobs.,

LIFT fi inancing goes to businesses that -

can demonstrate growth potential, =

strong management, and job, creation or -
preservation. | LIFT makes i it possible

(US. per tonne from, $420 -

; (effective - April 11s ‘en-
“epuraging arid may give the

Canadlan industry a chance .

_torecover what it has lost: ‘In:
rice, Zimmerman said.

_ manufacturing and processing, high. ~ the best interests of all British ‘ we
- technology and resource-related 7 ~ Columbians.
| transportation. The kind of businesses - Plus; ¢ every B.C. Development Bond is
__ that will create jobs: now and for the - unconditionally guaranteed by the __ .
future, ” Province of British Columbia, making :
‘What's more, the LIFT program is them one of the most secure ~
accomplishing its objectivesina | .. A investments ‘you can buy.

y

“SALE PERIOD: ENDS j MARCH 41, 1963, OR ar THE DISCRETION OF THE MINISTER OF “FINANCE: on
oad BE AVAILABLE Es FROM BANKS, INVESTMENT. DEALERS, STOCK, BROKERS, TRUST COMPAN TES
a THIS. ANNOUNCEMENT 18 PUBLISHED. SOLELY. FOR INFORMATION. ,

be traced etily by staying’
on the me for :90. ‘to: 45”

‘managing - 1B

for qualifi ed businesses to expand,
_ modernize, and compete more |:
effectively in international markets.
‘That means more — and more secure.
— jobs i in B.C. Anda stronger, more
diverse economic base. ca ;

A program that finances
‘the futureina’
businesslike way.

LIFT concentrates on small businesses.
in vital areas of the economy: .

"businesslike way. Its funding is being .
“created from. the sale of B. or
__ Development Bonds. os

\

"s100,000 in the stack imarket, ee:
- paid he possessed “gq need
vi for excitement and flani-.
: u boyancy" plus a ‘fo Mat
Baby nat ‘court must rot ‘ disregard for risks." ~*~

minimize: the: -ofterice.. by vidence ‘showed.
im 5 ‘Nobleman persuaded: ‘Raber.:

confessions also. ‘worked in
thelr favor...

‘in’ the, United ° “Beat

nd: financial -
: come. to” ‘Calgary...

[FIGURE ON LOSING §-14 LBS.
IN THE NEXT TWO WEEKS.
Theworks, Phoenicia Crips Baye Vin Pevenght
this veay

Ine apensiwe. Forget costly dubs echoes
livin Hau died ban

NO
NONSENSE
IET

arn ead
fou veil Ha poccaee

Acegergeret Gaa Lines Cena aien tea
Coated spy Utah

| An investment in the |
best interests of all |
7 British Columbians,

a Fivery. dollar you invest in B. OE
N Development Bonds goes to work for: =
“you. twice, First, they’re a guaranteed -
~ investment that pays you a good _ ‘
return.Second, the money they raise
goes to work in the B.C. economy in the
form of: loans, ‘to small businesses and
2 help for new. ‘housing and employment
. ~ development i initiatives. And that’s in.

_ MINISTRY. ee ea on
_ HON. HUGH CURTIS MINISTER

NN aL Bd A EA A RE

The Herald, Thursday, February 24, 1983, ue 2 a

_Sarnuel, 53, and William ; 80; | :
built a fam y-cwned | “furs |
niture . ‘Store’! Into’ a: major
“financial - ‘conglomerate, ;
‘They control’ Firat City...
Financial: Corp, Jisted as
“Canada’s. 20tf-lar 4

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