“» donesia TERRACE STANDARD Business ReEvIEw Gas plant a big boost Pac Rim spinoffs would inject money into Terrace economy IF A $1.4 billion liquified natural gas plant is built in Kitimat, the project will be a major boost to Terrace’s economy, according to city economic development of- ficer Ken Veldman. Although Pac Rim LNG’s liquified natural gas plant would be built in Kitimat, Veldman = predicis major spinoff benefits for Terrace. And he said that would help temper elevated un- certainly right now about the future of the forest in- dustry in the northwest. “TLamounts to a beck of a lot of opportunity — if it all gocs ahead as planned,”’ Veldman said. “They still have to secure their natural gas supply, clear the environmental as- sessment process, build the ships and lay the pipeline,’’ he said. “I hope everything goes according to plan.” Out & About Hot off the press IT MAY be winter outside but that hasn't stopped people about thinking. of next year's tourism promo- tions. The 1997/98 North. by Norihwest travel planner consisting of 50 pages of in- formation about this area of - the province is now out for view. Money for the publication — comes from the provincial government and from mem- bers of the North by North- © west Tourism Association. IVIE be widely distributed in the region and ads have been placed in other travel magazines for folks from away who want copies. Mall takes Gobind name THE STRIP mall on Lakelse Ave, thal houses Fields and Video Update is going to be called Gohind Mall. A new freestanding sign featuring the new name was approved by city council. The properly is owned by Gobind. Enterprises’ Mo Takhar. He says the name “Gobind’’ refers: to the tenth guru of the Sikh reli- gion, Guru Gobind Singh (Dec. 22, 1666 - Oct. 7, 1708). Autoplan cuts planned LOCAL AUTO _ insurance agenis don't) yel know - which of them is going to survive planned changes by ICBC, ~The corporation has de- cided lo cut costs by reduc- ing the number of author- ized Autoplan brokers by one-third — from around 900 to about 600. “In terms of who will be affected, I don’t know,”’ 1o- _cal- ICBC manager Paul MeNicholls said. Skyline to ~ |riana INTERNATIONAL ‘SKYLINE Gold Corp. will change its name to Triana ‘Resources Corp. The new company will ac- quire all of Skyline’s assets — Including its Bronson Slope gold and copper pro- ject’ on the Iskul River, — -which: is ‘expected ta ad- vance from feasibility to construction within a year. The ~ reorganization _ is. primarily aimed al acquiring rights lo 16.7 million acres - ‘of. mineral properties in In- from Resources Corp. of Jakarta. Mutiara- Ken Veldman “Tt would be the first base since north- industry Methanex west,’ Veldman said the Pac Rim project is quite comparable to Alcan's cancelled Kemano Completion Project in terms of its benefits for the northwest, exparision in the An estimated = = 3,000 person-years of employment ~~ working out to several hundred construction jobs — would be required to build the pipeline and gas plant over the next three years, And the plant would creale 80 permanent jobs. Veidman said the con- struction stage would mean boosts for the service sector in Terrace during those years. And the permanent em- pioyees could create spinoff benefits on three levels. First, some Pac Rim em- ployees may choose to live in Terrace and commute te Terrace, as a number of Al- can, Eurocan and Methanex workers do presently, Second, supplies and ser- vices may be bought in Ter- race. “We get a big spin off from Kitimat businesses that way,” he says. “Tt’s kind af the heart of our entire supp- ly and service industry.”’ And thirdly, workers in F. Kitimat and other people there who make money from them there will in tum shop in Tertace and circu- late the money further. “Between those three there will be a lot more money ciruclated through the local economy,’’ Veld- man said, “Terrace is built on recir- culaling money,” Veldman said, adding a new industrial player brings new money into the region, rather than merely recirculating the old. He said that creates the possibility of quantam teap forward in’ economic growth. Veldman said the addition of Pac Rim makes the whole area more attractive for the next major industrial player as well, - CcCWRY -Volidey doves : OFF RITNG "Fwas the — Nelicay seasoy “Awd as folks ray anak -— Chiyeler dealers. were givivg back Five huvered bucks “Ov Cheysler... ov PLywouth... oy Veep avd ov Eagle ie Ov Vodge ave! . - - Vodge Trucks. Wov't you please - voad ow Legls? - tGutrent rebates ia place ant most of ove 989697.” eles inventery. “Rebate avaitab'e in addition toatl Cumant |” Rebates ak 1Blad purchases of all in stock 1806 and ° ; W997 emddels, Rebate assigned to dealer tvnm Chrysler” Canada Liv: Rebate includes 6.8.1“ Hebate assignad ~ 740 Dealer in Hey of other afters from Chryster Canada © “Ltd. Rebate includes 6.5.1. Colivary must be tater by January 4, 1897 19% financing avelableon all 1996, “Nean intdets. fl Financing starting at 28% on 1998 and $95 0n 1997 sailected reaete, (Hier oie’ mutelly * enclusive and for personal uth only: Financing only Of “approval. fiom Gheysle: Credit Canada Ltd.” Chryster Canada wit maka availabe APA, Finaticing up ia 48 etnomths' on selected 1995 and 1997 nadel parsanger ; catyand tucks Example on 1996 Neda Highting rpc: “binpooatt OF APR/AB reeuath torm, Th manthly pay “pment ts $21.5:52,. Cost of povdwing is $492.96, Total ‘obligation is, $10,39796° With Rebate not: talen #12901, tha allective eten rate is 8, 70%: the cost Fob -bemtawing ‘is 31682 $6. tatyt- nbbgahon is SIL e429: Licence, insunance, ragistetion and tara -, Gxtta.” Limited ima: ofler§, Sea Peatgs fot devails pise inared Salen Cer Copaion - BONUS DAYS REBATE rom vane $1,250. oe, wo CHRYSLER Dodge Dodge Trucks Thank you to the following people who donated their time at the Track - Shaunce Kruisselbrink, Inga La France, Marg Cooper, Elaine Osborne, Lynn Reynolds, Patty Johnson, Pam Wolnowski, Joanne Legros. And to our sponsors J. L.’s Escavating Wajax Industries” =~ Raincoast Cranes Terrace Redi-mix Denny's Restaurant Al Rasko - Mac Tools BC Automotive Northwest Auto Repair Kalum Tire = © K, Grace & Sons First Choice Radiator Repair Terrace Totem Ford River Industries Northwest Loggers Association Cedarland Tire Thornhill Pub Northern Motor Inn Pizza Hut Stock Car Association Extends a warm thank you to y their fans for making 1996 a very successful racing season. Torrene Sight & Sound ’ Tri City Refrigeration Auto Magic Tire Ken's Marine ~ Terrace Motors Toyota Ackiands Fountain Tire Elker Auto Supply Terrace Equipment Sales Peterbilt Trucks Terrace Freightliner SKB Towing ~ _ Neid Enterprises ~ Wade Contracting Independent Industrial Tymoschuk Agencies Central Gifts » + $00 ‘Teete ely tall From the Terrace Stock Car Association : 2 Jeeps Grand Cherokee * BONUS DAYS REBATE $500 - | ‘| In addition to the 8500" Holiday Bonus Rebate, receive financing “Tas low as 1. i] %' or the Current Rebate**available on selected models. | Get av ote $500" rebate ov fp of existivg deds ov Wl 96 avd ‘97 nodeLel fee Chrysler decay Velicay hours wd edtes ty my LW mbechyyeleccon i he TOTAL REBATE 91 chrysler Ivey CURRENT REBATE BONUS DAYS REBATE _—-*900 yow led. 8.¢, 4 vou & ‘00+ $1,500 CHRYSLER Plymouth ji a Jeep|Eagl FAP AAAS SB ee