ae The Terrace Standard, Wednesday, March 19, 1997 - Ag Liberal leader proposes a GORDON CAMPBELL seems to have Iearned a lot since the last election, Back then, B.C.’s Liberal leader campaigned to reduce the number of MLA’s and get rid of BC Rail — two most unpopular positions in communities north of Hope. But now he says he’s going to fight to make sure the people of the northwest are heard. ‘We have to leam from our mistakes,” he told The Standard while in Terrace on Saturday. ‘‘That’s why I’m here — to listen to the united front against the NDP LIBERAL MLA'S toured Repap last week as part of their northern tour. concems of the people.’* But Campbell says the Clark government doesn’t seem to be learning from to people in the northwest that has led to destructive forest practices which he tices Code. Then, Campbell says, longer term solutions should opposition. He has some good, ideas about forestry and about mining.”’ their mistakes and they aren’t listening lo the people, “TI keep hearing from people in the North, includ- ing Terrace, who say they can’t get in touch with their MLA’s,’’ he says, “That's terrible because it’s the people in these communities who are the ones who know how to fix the problems.” Campbell says that it is the NDP’s refusal to fisten says Clearly aren’t working. “They are using one-size- fits-all solutions for prob- lems that vary according to Tegion,’’ he says. ‘Thal doesn’t make sense.’’ That’s why Campbell says the government should first look to some short term solutions, like possibly freezing FRBC’s — super- stumpage rates in areas with lots of pulp logs, and amending the Forest Prac- be sought — to ensure com- munity stability. He didn't elaborate on how that would occur. But Campbell did say he had been in touch with Stewart mayor Andy Burton and others about coming togeth- er to form a united front to oppose the NDP, “People are tired of the lying,”? Campbell says. “We're hoping people like Andy Burton will join us in “Campbell ‘hinted that dis- cussions were going well, but- not to expect a united front to appear overnight. ‘He says is necessary to put aside political agendas in order to solve the prob- lems that plague northem communities. “People aren’t worried about politics,’ he says. “They're worried about losing their jobs and paying Don’T OPEN YOUR Hoob TO STRANGERS. their morigages.” Papers intervene in rights case THE B.C. PRESS Council, which represents B.C,’s news- papers in crucial qreas regarding freedom of the press, is taking part in a human rights case filed against a North Vancouver publication, The North Skore News and columnist Doug Collins stand accused by the Canadian Jewish Congress of violat- ing a section of the new Human Rights Code. Specifically the congress says a movie review of “Schindler's List” written by Collins in 1994 ‘discriminates against Jewish persons and is likely to ex- pose those persons fo hatred and contempt on the basis of race, religion and ancestry.’’ The case will be heard beginning May 12 by Tom Patch, a member of the provincial government’s new Human Rights Tribunal. The press council is acting as an intervenor in the case on behalf of the newspaper industry and is solely concentrat- ing the effects of the case on free speech. It maintains that the section of the Human Rights Code used by the Canadian Jewish Congress in filing its com- plaint is unconstitutional. The code itself was recently revised by the provincial government “*The powers created in the revised Human Rights Code are, in our opinion, unconstitutional and unwarranied,”’ says press council chairman Bob Yanow, The press council believes that Section 2 of the revised code, the one being used by the Canadian Jewish Con- gress, infringes upon a section of the Charter of Rights and Freedoms as it pertains to freedom of expression, That section, 2(b), guarantees that ‘everyone has the fol- lowing, freedoms: freedom of thought, belief, opinion and expression, including freedom of the press and other media of communication,”’ . : The press council believes that extended powers of the provincial human rights commission will make it difficult for joumalists toe do their job without fear of arbitrary and unlawful retribution. 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So when you chaose « CA, you can concentrate on what you do best -- running your business. When his firm reorganized, Robert decided to take early retirement from his senior-level management position. Not that, at 48 years of age, he wos ready to retire, Bul he hoped his generous severance package wouid let him taka a run at being fis own boss, and at managing his own busiuess. As luck would have ii, an acquaintence of his, Ray, had recently put his aulomolive distribution businass up far ‘ae, “It's been very good to me,” he told Robert, “But it's time for me to retire. This might just be tha right opportunity for you. Maybe, says the Terrace Chartered Accountonts Assotiation, but theca ore a lot of issues to consider before you jump into buying a small business. First, find out why the seller is selling, Is il bacause he or she wants {o retire or is the com- pony in financial trouble? A company hoving dif- iculties may offer o good opportunity far o tur- naround, if you know what " are doing, or il could bleed you dry finantially. Another key issue to determine is whether tha ooo ANC aL Tp st = The Deal of a Lifetime...Or Is It? whether anyone can run it. Il the owner hos basn key to the success of the business, what will hoppen to it when he or sheleaves? The next step the CA Association recommends is to make sure that the business is valved pro- pal You don’t want to stort ou! by overpaying. je structure of the proposed sole is onolher consideration, Ara you buying assets or shores? If yu buy shares, you buy fe whole business, including any potential lawsuits, unfulfilled con- tracts of other liabilities incurred by the previous owner, When you opt for assets, you ore buying only the company’s laciities, red est, equip- ment, furniture and inventory, In either case, the CA Association recommends thoroughly checking out the state of thase assets. You might spand $300,000 to buy the business ond need another hull milion to bring it up to current standards. Carefully the company’s financial statements have them oudited by an independent CA to ensure that hey present o Fair ond true picture of tha company’s financial staie. In particular, the stotements of income ond expenses ond the cash-flow statement should receive a thorough going over. A well-prepared business plan will give o potential purchaser a fot of information about the business's mojor compelitors, customers and suppliers. {t should clsa provide projections of future earnings. . Financing is, af coursa another concern. DO you plan to pay for the purchase ino lump wm on casing the deal, or do you coun! on paying for it over lime? Any where will you find the money? . These ore only some of the more impor issues thot Robert has to evaluate before he mokes a daa! with Roy. The issues ore empl and most require the expert advice of a char- tered accountant to ensure the final out come best meets Robart’s abjcives. When all is said and done, you may conclude thot you don't want to buy the business a all. You might be better off starting it yoursell, from ¥ ifort 7 tl H , business revolves cround one Individual or Bayswater inn Barkston Gardens fom #92 pa fron TO Prinigit be J buteniant Vin Msrtente caaukaente higeis SalDepart. on Als hansat Agr 19-hpr 2% ei Opton ir boast C.5S. (Cliff) Wilkinson CHARTERED ACCOUNTANT | 304-4546 Park Ave,. Terrace, B.C. 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