AR:

.Spendi

OTTAWA (CP)
Promising to give taxpayers
ore for less, the govern-
ent unveiled plans on
‘ednesday to spend $120,000
§ & their money every minute
J) for the next financial year.
_ Buying new fighter air-
planes and paying for money

H deficits will help push

| government outlays up al-

most 13 per cent to $67.6
billion — $13.2 billion more
than the government will

y raise in the 1991-1982 year

which begins April 1.

-In the year ending March

dh, the government expected

. ’ spend $59.9 billion -- or

about $114,000 a minute —

oe with a deficit of $14.2 billion.
Treasury Board President

f Qonald Johnston was tohave
tabled the government's

latest detailed spending

ns in the Commons on

Wednesday.

; But Progressive Con-
alive MPs, professing
ndignation because

feporters got to see the hefty

tdue book first, talked cut the
three hours remaining in the

Commons day, preventing

dohnston from presenting his

flans.
4 Johnston, who accused the
épposition of playing games,

t giving MPs a sneak
j . preview. Reporters wrote
cir stories on condition
ey would not be published
jintil the Commons saw the
estimates, but this did not
mollify the Conservatives.
‘“] think we have: a
minister that is totally
inadequate for his job,"said
Sinclair Stevens, who_was

borrowed to cover past,

was Labelled incompetent for .

Page 2 the Herald, Thursday, February 26, Wet

ing set

at $129,000
-every minute’

treasury board president in

the Conservative governo- ©

ment. “He can't even table
his own estimates effectively
and ensure the necessary

In aspeech he didn’ get to
deliver in the Commons,
Johnston expressed ad-
miration for U.S. President
Ronald Reagan's stringent
cost-cutting program and
said the Liberal government
is trying to gradually pare
down its budgetary deficit.

But years of-deficits have
added up to a §137-billion
det, which will cost the
government $12.85 billion
this year just in interest and
service charges. Payments
on the public debt — the
fastest-growing expense —-
will eat up 19 cents cut of
every dollar the government
spends.

Financing this debt will .

cost the average taxpayer
$795 this year.

Defence spending, the
other major increase, will
‘jump 16.6 per cent to $5.8
billion as part “of the
government's promise to
NATO to increase spending
“for fighter jets, patrol air-
craft and tanks by three per
cent a year above inflation.

The government will also
spend mjore on social
programs, primarily
through increased
guaranteed ,income sup-

plements for poor pen-°

sioners.

‘Despite increases,
Johnston said in his speech
the estimates illustrate the
government's commitment
to budget restraint.

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Here is another view of the land where the
Lakelse Hotel is situated from the one
members of the TWU have today. That‘s the
George Little House as 1 looked then. The

same house,

now called the Osbourne Guest

Home, Is located today on Hall Street and
looks much the same. That would be the
Northern Potions pulieing. which was the

old all back in 1916 when this picture was |
taken, In the ‘background. (District of

Terrace collection}

‘Fox fund money still pouring in

NEW WESTMINSTER,
B.C. (CP) — As Terry Fox
fights for his life in hospital,
Canadians continue to
Support his Marathon | of
Hope, i

The m-year-old runner's
condition was listed as
critical but improved
Wednesday night. He is in
intensive care at Royal Co-

lumbian Hospital and is -

vsing a a respirator to assist

fie be
ade

navy

IStock

OTTAWA (CP) -- The
chairman of the board of
Petrofina Canada Ine, of
Montreal, Pierre Nadeau,
earned about $300,000. by

exercising lucrative : stock °

options in the firm less than
a month before it was pur-
chased by Petro-Canada.

In a telephone interview
Wednesday, Nadeau
rejected any suggestion that
he had inside knowledge of
the pending takeover _ by
Petro-Canada, the govern-
ment-owned ail company.

This was despite the
timing of his, decision to
purchase the stock at $16.75 a
share and sell it at between
$86 and $90 a share.

" Fox was operated on late
Monday t6 remove - fluid

from around the heart. He is:

feeling comfortable, a
hospital spokesman said.

The National Cancer In-
stitute of. Canada reports jt
has collected $22.4 million to
date ag a result of Fox’s
attempt lo .run across
Canada to raise money “for
cancer research.

Donations by province:

“I was just so lucky,"’ he
said, "Everything was legal
and above board.”

‘Petro-Canada agreed to
pay $120 a share to Petrofina
SA, the Belgian-based parent
of the Canadian subsidiary.
The total cost of the
acquisition, announced in
early February, has been

-placed at $1.46 billion.

- Ontario Sécurities -Com-
mission information shows
Nadeau, who is also
president. and chief
executive officer, purchased

4,000 shares beginning Jan. -

4 under provisions of a
company stock option policy
announced in 1977.

Nadeau sold the 4,000

| $851,565,

-. Provincid

dland ;- -§130, 609, Prince
Edward Island; $450,000,
New Brunswick; $594,-432,
Nova Scotia; $416,892,. Que-
bec;’ $10,631,683, Ontario;
$900, -616, -Manitoba;
Saskatchewan;
$1,710, 400,.: Alberta;
$5,889,081, British Columbia,
‘plus $316,494 atthe national
office,

- An official said the Ontario
and B. Cc. figures include $1:
million from each of their

| government. .
Poi selra bied

a cae we

shares by Jan. 19.at a price
averaging close to. $90 a

share, .
Three other officers of the

company also exercised |
stock options im January.

Progressive Conservative
MPs have demarded a
federal “inquiry into the
takeover since it was an-°
nounced, alleging that major
leaks aboui the negotiations
led to soaring market prices,
for Petrofina stock and .
opened’ the way for
profiteering.

But Energy Minister Mare
Lalonde has refused, saying
he was “personally satisfied
there was no wrongdoing.
‘ ‘The stock-trading matter

Wf the last six, five, four or three digits on your tickel are identical to and in the same
order as the winning numbers abave. your ticket isaligibletowinthe hecorreepon aN Ptae.

last 4 eligits WIN

Inet 5 digits WIN

fast 4 digits WIN

_ leat 3 digit Five dollere worth of Express Tickets |
by presenting the WHOLE TICKET to any trabsck

_ fedeemabte
ae ratte or by Fovlowing ne claim srocsture onthe

pa.

cin Sn oceans on the

REDEMPTION oF Caen PRIZES
Cooh Prizes: Winners of mmalor prizes may clain their prize by following the

back of the

Cosh Prizea: Otter cash een Hn to and including $1,000 may be cashed s*
any trace of the Canadian Imperial Bank of Commerce in Western Canada, or by
ing the claim procedure on fhe back of the ticket.

In I event Of decrepancy berwean fh BRT and Ihe offcu wenn nuepere brat en ceri by the evchion:

of ma Foundanon. Whe late sheep

Meanwhile, the Canadian
Cancer Society in Vancouver
has received a roomful of
mail, including a load of
Valentines for the one-legged
runner, said Blair
MacKenzie, ‘BC. executive-

Fok: who: is suffering
osteosarcoma, arare form of

: bone cancer, was readmitted
‘to hospital Friday after
“ reacting

realm ely

came to light in the Com-
mons Wednesday when New
Democratic, Party energy
critic Tan Waddell revealed

some details.
: Waddell’. (Vancouver-
Kingsway! . said four

Petrofina: officers sold
shares and options in
January “resulting in a cool
profit in excess of $400,000."

- Information filed. as

required by. law with. the“

Onario: securities” com-

- Inssion :shows Petrofina

vice-president and comp-

. troller Gordon A. Craig pur-
chased and old 1,000 shares.

in January, as did vice-
president - ‘and tréasurer
Thomas H.” Allman. : Vice-
president and secretary Alex

"McLeod pirchased and sold

500 shares. ”

Nadeau refused to £87 why 7

TMEROR A CHECE LP -

to

interferon, an experiiiental
anti-cancer agent. vt r:

Doctors started ising ‘the.

agent; which mobilizes the
body ‘s
\system to fight’ cancerous

’ gels, after announcing. three
weeks ago that Fox's cancer .

had spread to: his abdomen
and lymph glands and that

only a miracle could save .

Earlier, - a

_ he decided to take advantage
of the stock option in
January after taking no |
action ‘since 1077. He also -

refused. to say. whether: be

purchaged the maximum ;

number of -shares allowed
under the .stock option

* policy. -

- Nadeau said that although

Tumors of a takeover had

been circulating’ since
September, Petrofina
Canada was not involved in
any negotiations.

He sald the talks began on
Jan. 29 between Patro-
Canada ‘and Petrofins SA
and thathe was net informed
until the morning of Jan. 30.
_ Conzervative energy critic
‘Michael Wilson, who has

. been «the most persistent |.
_ tfitic of the.. takeover, .
described the decision of the :

Petrofina officers as normal.

Wilson; a former. vice- *
president of Dominiion:
Securities Ltd., said he is’
‘concerned about .
people who heard of leaks,

more

‘immediately bought. the
stock and walted for the

takeover at 41 | per share:

- wreoDvCNG |
WOODGREEN APARTMENTS
, 4832 Lezelle’ Ave. oa! .

‘definitely, although he hopes,
"he will be able.to return to:

Coquitlam. He has been on

immunological .

: abave the knee four years

Rental Applications . are ‘now: being.

taken for occupancy March 1, W@le’.”* q t
FEATURING: 5% 03 .§

One end two bedroom “ Laxory “units.
-Flreplace In every unit.
-Dithwasher, Fridge 6 Stove included.

“Bright, large bisy Windows with exter er Conant :

-Spacious- oper ns with En twites,
-Grand staircase and bright halfys |. *
-Ground floor
Ceramic fited kit¢hen floors & bathrooms, .
-Cableviston hook: up gvaiiable . tng

For further: information call

Erickson 635-2921 After Sp.m. |

with rie corte. q

“wi. 4g

be.kept at the hospital. in.’

«

his home in nearby ‘Port,
pain killers and intravenous. ’

" qhez2-year-cld runner bad
to stophis Marathon of Hope -
near Thunder Bay, Ont.

Sept..2 after doctors: found
the cancer ‘that -forced
amputation of his right leg .

options earn $300, 000 vets |
GET
HELP _

_ BURNABY; Bic.

(CP) — Crinie causes’
sits vietima - tatima,
- inconvenience. and” dis *
comfort, even when *
violence is not involved, .
says the John Howard "
Society.

The goclety is starting:
a@- program in’ this-|
Vancouver suburb ta -
help these victims, saya‘

- Jerry Philipson, co--
‘ordinator of community
services. :

The victim assistance»
program, ‘tet to’ start :
March 16, will offer help
Primarily to property ,
erime victims. b

“lexpect therewillbe J *
two kinds of victims,":} . .
he said. “People who “F ”

‘live ‘in single-family |
homes, since ‘that's
where most’ property

‘-erime takes place,
 “And'1 think 3 to 30 f
per cent of requests for |
service will be from °
_ Seniors."

The program | will be |
staifed by volunteers,
who will be screened,

trained and at least 19°
-yeara old, They will act
as counsellors, brokera [|
and advocates for in- |
juried parties, many of J
whom will be referred to 4
- the program by police. jf. |

2 Ifa Vietim has dif |. -
ficulty obtaining:
redress or services, the
Wlunteer. will act as
advocate to promate, the
victim’s interests, .

Volunteers woultheip .
* wictiths to replace their
- possessions, - obtain -
insurance and. ap-
plications. Social ser-
. vice agencies could also |
be called on to assist. |

‘Initially the program |

i wifl not work: with |,
_victiins of ee
- crimes because thit.
requires a higher
‘tot training,
Phillipson, ,

sald