: hens Skeena_

mo write’ int ‘tesponse to reports: that

will: do oeuvre Possible to o help 400,

important that all. three povernments. get.

| the’ New Brunswick government says iti. °

ofa a bankruptey. trustee it. is oa

In ae Lacking time, ‘when. ‘$6.
million in. our: assets are ‘on the line, :

watch’ these: assets ‘brokerr i ‘up with: ‘thie
profits- -disiributed: to. vultures and: lot
nas wees While: thoge who < can do, ‘Something
“fuse to..
“Ex-Prince. Rupert n mayor. Péter ‘Les- 7
mi “ter-has -asked “if Prince: :Rupert’s ade. +/
ministration understood the. process’ ‘of:
- banktuptcy and what actions hey were

2 = president) F Frank Debartolo i is working

:’ — FOR THE TERRACE STANDARD

‘This is not-simply: “business”, This’

‘This is people's s-life. Fathers’: “and ©

‘mothers’ jobs, childrén’s education, the
~ difference between | whether your, chil” :
a ‘dren can go loa reéreation -complex | or’
~-go swimming on ‘Sunday: or'see‘a 4 con
-. Cert or ‘Participate i ina play,” oe
~ tis not enough for these i institutions
that: belong:

OT hese aigsels'a are @ ulliinately ov ours. We

have’ bought’ and:paid for them :— once :
“when= we’ bought: ‘Brick’ stiares” in the”
~ 1970s'and : ‘again: when our, provirice ins <
“vested $240 million in: 2001:

There-are ‘things: that can’ “be: done,-

“Unfortunately. all l.can, see is ‘the. triin-

rolling: down the track..of: divestiture, °

taking to protect our: interests. T have,

. heard'no response.

As | understand | (PWC Local’ 4

§the major contributor to the economy: .
La of northern British: Columbia. : so
a cn thice y years now \ that New -

as tried to secure re financing for :

O us 10 'sit’by and’ watch e
“$700. million ‘in assets be: “scraipped’
ag and Sold‘off so-that companies. which
~ have-ng interest in our future divvy. up
os Ube: prowl, to send to ‘Toronio. or New:
“York: ne

madi. Limited qunies ela Ofer apoty ta qualified ts evtorers in Calta. Daslet ae te ta tnd prices Ue tn ich ay

“th Oiers apply as indicgsed t0 new or demonstrator
For more information on salety ratings, g> to wweerbitsago rr rs

| Eswoy SLE AIL lor 2004 Canyon Ext Cab'2X8 SUE: Exeample: $19,000 at

i
: He
ag

ES

i
V

|

Selecting the purchase financing offer, consumers May be foregoing stich discounts nr ther incesttives which may tesull in a highes effectne interest rate.
ConatRiors and cletads. Ave Star Safety catng based on Renderro.s 4WO midels, testing conducted by the National Highway Fatic Safety Adminéstation

“the Same iepresents actual interest, and 9 requiced tm be

‘and toes not inchided.: Oéakens are Fee io set incivicsal prices.
> eansumers opt fora cash purchase pea afte: By

sn Tepeal their mantra “We: cant

tirelessly i in doing what he can to ty to . oO
s. ge involvedin private business”, ©

; resurrect the mill:
He has the labour: and: he has a con:
_racl, “but-he has no money,” fi
The ex-mill managers are scrambling

for ideas and plans for resurrection.

"The: Tsimpsian Tribal- cotincil « ‘hag Roe
“expressed interest-in: being. a: partner’
--anid::has ‘even: approached: ‘all: industry .
: ‘player, which has: Not, as:yet,‘said-tig, *
. Prince ‘Rupert city Voters. last: suim-: mc
“mer passed. a resolution:7 ‘per’ cent to...
stake ‘an ‘active: part in the mir?
“réction. en : a
The IWA in Tertace his supported :
Tew: “agrecments, . -BCGEU:---has
*: supportive. “Loéal. “busingss ‘people i ‘in.
* Prince. Rupert: last-year were, willing: toe: f
_ pul_up: their-own. money “as an. invest.
- ment in. their future; 9
‘Tam calling, on all. these: parties to 7
form’ a'coundil talook al Ways | inawhich .
“we cant actively. pursue ‘a ‘partnership’ _
“with any: industry’ ‘player: ‘The-ultimate”
- Boal being to. Keep.all assets us a work-~
“ing group and not allow. our. pulp millio. |:
“be puton the: ‘chopping block with prof- =
: its. doled out to. predator. divestors.’:
« The Governments: all of them: must":
: show’ “some ~ ‘creativity, colirage and
~ proof that. they. really caré.If this is:not
‘done’ soon then the frustee will have’ ho:
‘alfernative - other ‘than to- serap the ‘as-"~

8. resure, at

~ séts that: we have all paid for, to-line thé

Wall Street:

“pockets of Bay Street, Howe Street or .

~The Terrace Standard, Wednesday, October 1 3, 2004 - A7

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