AG - The Terrace Standard, Wednesday, March 2, 1994 “TERRACE STANDARD USINESS REVIEW Smelter financing slammed LOCAL M.P. Mike Scott has blasted the Liberal federal govemment for providing money for construction of an aluminum smelter in South Africa. The Export Development Cor- poration, a federal agency, has signed a $60 million (U.S) credit agreement to finance the supply of Canadian services for the pro- ject. The new smelter will produce 466,000 tonnes of aluminum an- nually. “It Is inconceivable to me that in the light of depressed world market conditions, that our feder- al government would even con- sider assisting a foreign competi- tor,’’ Scott said. Latest statistics indicate world- wide supply is outstripping demand by more than 750,000 tonnes a year and that stockpiles now equal 13.5 weeks produc- tion. Last month Alcan announced the shut down of one of the lines at its Kitimat smelter, reducing production there by 30,000 tonnes annually. Company-wide, Alcan is cut- ting production by more than five times that figure. In a letter to International Trade minister Roy MacLaren, Scott maintained the new smelter ‘‘is definitely going to pose a threat Out & About THERE’S A new hearing and speech clinic in town. Fraserview Hearing and Speech Clinics bought the assets of G.A. Ross Hearing Clinics last year after that company went bankrupt. Fraserview has a head office and locations in Vancouver and clinics in Kamloops and Chil- liwack. Also at the new clinic is Bridget Elliott, a. certified clinical audiologist. Marie Whitney, office manager under G.A. Ross, remains in that capacity with Fraserview, kk kkk B.C, Hydro has paid the city $200,931.07 as a grant in lien of taxes for the year ending Dec. 31. School taxes paid were $104,972.74 for the same period. The total is an increase over the $272,792.33 paid in 1992. Total payments by B.C. Hydro | to local governments throughout northern B. Cc. amounted to $9.06 million in 1993. kk kkk B.C. Hydro is extending its Power Smart refrigerator Tecovery program for another three years. The program offers $30 and a free pick up for older fridges in working order. The idea is to encourage the use of new, more energy efficient refrigerators. Since It started in 1991, B.C. Hydro has bought more than 60,000 fridges. kkkkk Suggestions from provincial government employees saving more ihan $4.5 million last year, says finance minister Elizabeth Cull, In return, 176 employees shared 156 cash awards. Awards this year ranged from eliminating paperwork .by WINE laptop computers to..finding a. way to obtain more draws from a bottle of vaccine. The Grand Truck Restaurant in the slumber Lodge _HasA New Chef _ “To introduce you to our new evening dining menu, we are having a “Come And Try Us” Sale How's This For Specials 8 oz Charbrolled Steak ee Your choice of potato orice, § 1 a ig soup or salad & dessert. eee go Breaded Veal Cutlets... BBQ Virginia Ham Steak $799 | WItN PINCAPPIO. ss cccresesreeccessseststses oe All of our Dinner Entrees are served with: Soup or Salad Choice of Potato or Rice - Fresh Veggles Garllc Toast or Dinner Roll and Dessert (Chef's choice) “Above Specials Available Between s 4 pm &8 om | The Grand Trun ‘G Restaurant Open Daily 7 am- 8pm Sunday 8B am- 3pm Lakelse Ave, Terrace to the jobs of people in Kitimat.” “Surely you must know that this is one of the first rules in business — you do not help your opposition,’’ he said. Scott also questioned the sanity of spending money taxpayers could not afford when the federal government was already ‘bloated with debt’’. He called on the federal govern- ment to immediately cancel the financing agreement. Federal officials have defended the decision by arguing if Canada had not provided the money for the smelter, another country would have siepped in to fill the financial gap. Rail run Mike Scott ‘s future still undecided The future of VIA Rail’s The Skeena which runs between Jasper and Prince Rupert is still * undecided. A plan to ron the train as a daylight service between the two communities has been put on hold pending a financial evalua- tion of the crown corporation, says a spokesman. As with most other federal op- érations, spending and fHnancial support has been trimmed, said Paul Raynor. “The change o£ government has slowed that process some- what,’ he said of the financial review. The Skeena doesn’t make ‘money and so requires a federal subsidy to meet costs. But Raynor said the gap be- tween cosis and revenues within VIA Rail has increased over the past several years, **Every operation is being ex- amined. We hope there might be some word by the middle of the year,’” he added. The switch to a daylight service is viewed as one way to boost tourism traffic and revenues, A sleeping car now on the run would be taken off but the dining room-dome viewing car would remain. There have been worries for years that VIA might cancel The Skeena altogether it in an aftempt to cut costs. Barry's Floor Services PROFESSIONAL INSTALLATION OF CARPET AND LING 20 years experience 635-2368 4695 Otter St. Pager: 638-4828 Terace,B.C, Terrace Youth Soccer SKEENA MALL March 4.........6:00 p.m. - 9:00 p.m. _ March 65.......10:00 a.m. - 4:00 p.m. March 11.......6:00 p.m. - 9:00 p.m. March 12.....10:00 a.m. - 4:00 p.m. ELIGIBLE: Girls & Boys born in Aug., Sept., Oct., Nov., and Dec. of 1975 to and including 1988. NOTE: There is a new division for U14 Girls, age 11, 12 and 13. FEES: Players born in 1984-1988.............. $40.00 All older players, birthdate 1975-1983........$55.00 There will be a $15.00 LATE FEE charged for registration after March 12th. BIRTH CERTIFICATES: Photocopies of birth certificates are required. Passport and baptismal certificates are also acceptable. SOCCER SHOE EXCHANGE: Saturday, March 5th & Saturday, March 12th 10:00 a.m. - 2:00 p.m. Return fares from Terrace SAN FRANCISCO UNDER the SUN. YOU REMEMBER > : _ THE SUN don't YOU? “That's right. ot “LOS ANGELES “HAVE SOME FUN That big, round, yellow. thing that used t to be up ih the sky. Well, the 1”, 000 owners of Canadian Aiines found it and thought you might w want to get - re- -acquainted. Beits are Kinited and aubject th availability: Flights must he booked befure Ap Minimum /inaximunr sty andy nce purchase and other conditions apply. So we're offering some special fares. to Los Angeles and San Francisco, where summer is pretty much a year- -round proposition. Call’ your travel agent or Canadian at (800) 665-117. / And get away to a: lace where the. sun. a - never, goes on vacation. | alla: LE . 3h tn aril 28, 1994, Fares are valld for travel inti! May 15,1904. ‘Taxes not cluded. - a Canadian is a registered tradeinark of Canadian Airlines Interiational Cede oo, 2