~ ‘employment,

Peter Monteith

Hong Kong
investors
pursued

TERRACE —~ Vancouver may
have been the main beneficiary
of the immigration plans of
Hong Kong’s very rich, but the
city hopes some members of the
second wave of migrants might .
be persuaded to make Terrace
their new home,

With that in mind, tourism
and-economic development of-
ficer Peter Monteith -heads for
the British Crown colony May
13 to take part in-an eight-day.
visit sponsored by the provincial
government.

Noting federal policy allows
‘fast tracking’’ of applications
by potential immigrants if they
invest $250,000 in a Canadian
enterprise, Monteith said the
most affluent had already made
their arrangements.

The next group expected to
do so, he said, were those in the
30-40 years age range in middle
management positions and with
a $300,000 bankroll, With
Lower Mainland real estate
prices having ballooned over the
past year, he pointed out,
'*$300,000 is not going to do
you a whole lot of good in Van-
couver,’” —

In. contrast, the northwest
could offer opportunities to
make the required investment
and still leave these individuals
with sufficient money to pur-
chase a home. “They can. pro-

bably do very well for |

themselves moving to this type
of area,”’ he suggested.
Admitting Terrace would

have to overcome the impres- .

sion ‘'B.C. is Vancouver and

Vancouver is B.C.,”’ he added, .

“the two things we have to sell
are it’s a nice place'to live and
it’s an affordable place to live.’’

-Monteith said he hoped to go .

to Hong Kong. armed with
business proposals from local
entrepreneurs who were looking
at either starting a new business

or expanding an existing one
but needed extra capital to do ~

so. He also asked anyone with
such a proposal to contact him
at city hall as soon as possible.

from front

Gold road

with their own study indicating
their portion should be at the
most 25 per cent. They sug-
gested other kinds of industry
‘will benefit and that the pro-
- vince will be the beneficiary of
additional income and other
taxes as a result of increased
econamic activity.

An official of Cominco, it
and Skyline Gold are the two
‘main: companies involved in
road negotiations with the pro-
Vince, said the suggestion to
have the Tahltan corporation
build the road has merit.

And. although Cominco has -

bought ‘a large hovercraft to
ferry in equipment up the Iskut
and Stikine Riyers from

‘Wrangell to its SNIP property, ©}:
Merlyn Royea said the company .j

still wants a road built.

Our, position i is that nothing |
-beats the: cost of trucking on.a-|)

road,’ he’ ‘said i in adding that ~ |.

the cost still ‘has to make sense. ]-
“in. the: overall financial. con-..-
siderations of. mine develop-

“mente
Skeena ‘MLA Dave Parker,

_ who is also:the minister respon-

sible for northern development, : : -
said the Tahltan proposal isn’t. “:
the one he-has been’ working on.»

‘to the build the road: °

portunity, ihe said.”

Park
particip
in, the:-atea and” Provide local

~ Terrace Standard , Wesnestay, al 2 25, 1990

a

(> “Not. withstanding * that,” if nb
the Tahltan. were involved ina -} .
- project; it’would. probably. be a

“good. thing,” said Parker. =:
. 2 "The - cabinet committee on.

- “native affairs has ‘been involved ©:
. with ‘other. ministries to’ ‘work ~

iP!
‘an: econamic development. ‘Op-

dded: that ‘Tabltan
‘ould keep money’ .

Great move,

RONWORKS

Visit the new
TRONWORKS

Now Featuring:

* Expandad Work-oul Space
¢ More Equipmant .
« Bloger & Better Juice & Snack Bar
« |mpravad Changerooms

« Tanning Bad

® Filness-waar Baulique

© Same Friendly, Family atmosphere

TOURS TO =
> LOCAL MILLS ~ EXHIBITION PARK
¥ 2  — \ .. PRINCE GEORGE, B.C.
‘+ LOGGERS’ SPORTS | :

OY serve sutaock a MAY: 10- 12;
| 7 . eouIPwENY meray a i 1990 -

wo fp SUPPLY AND SERVICE
ard DISPLAYS LARGEST IN WESTERN CAHADA

34 Gata EVEN
IGS
“eee

2s SEMINARS. ‘AND ©
ses SPEAKERS

TRIP FOR TWO tothe |
city of your choice:

> SAN FRANCISCO or HALIFAX

n conetesy of Canatuan Airlines bite tuicttional»
Canadian mac Ash

raurtesy of
Notional Bank K Leaving fw. 2

SPE Now is the time to get in
See shape with this special

NEW MEMBER SPECIAL”
mw Offer, available to naw

: ay members only. Save $20. 7 9 for 3 months & > a
I

"=" Gym & Fitness Centre

4546 Lazelle Ave. (formerly Jezebels)

uA WoLEATION bree Mp
~ 200r. THs elay oN

\ “ACTION-PACKED
~ SPECIAL"
RVENTS.

* FOR FURTHER INFOAMATION >
PRINCE GEORGE REGIONAL FOREST EXHIBITION
AQOMINISTRATION OFFICE 1560 CGILVIE STREET PRINCE GEORGE. 3
MAILING ADDRESS P'O Box 2536 Prince George BC Caraga v2N 256°
- Prange. 1804) 569-8893

635-4130

e started with our top sel
~ 626.and MX-6 models,
added $2,000 worth
of features and took $500 |
off the original price.

Be SPECIAL EDITION

rf inch alloy viheds

AM/ FM ETR auto-reverse cassette seren sound:
system with 4 speakers

itomatic power antenna :.
Dual power body-coloured doot mitra |
Body-coloured door handles
Power door ods |

| “SPEC IAL EDITION,

: ve © i inch alloy wheels

oe . AM/EM BTR auto-reverse cassette stereo sound
system with 4 speakers.

“@ Automatic power antenna
© Dual power body-colouted doo mirtors
© Rear GT T sie wath hie cen brake ligh

1