USINESS "REVIEW

__About

Construction

near record

1995 COULD set a new record
for construction in the City of
_ Terrace.

“By the end of September, build-

- ing permits bad reached $21.5

~» ‘million — just behind the pace of”
“1992, when $21.63 million warth

of lew ‘homes, businesses and in-
“dustry: had gone up by the same
“dale,

The yéai-end record is $23.8
million, according to-senior city
sinless inspector Paul Gipps.
Particularly strong this year has
been" the commercial sector,
~ where the Park Ave, Medical
Contre, a large new SAAN store.
“and 3 a new Tolsec building were

‘construction has tolalted $7.5
million to date,

“On: the residential side, 64 new
homes were built, worth a total of
9 million.

“Also new this year are 18 multi-
- family residential units, com-
‘prised’ of one six-plex and’ six
duplexes,
ot Wel re not far behind,’’ Gipps
aid. "We? re on par with our best
‘ye ever.”

oHe: sald © construction should
“soon surpass last year’s total of
$22 million.
."T-don’t have any doubt that
‘we'll beat last year’s total.’?

~Kalum centre

WORK HAS begun on the Kit-.

sumkalum Band’s new com-
canunity centre, —

“The. -12,000-square-foot . build-
cing being erected by Progressive
“Ventures will replace the House
. Ghets craft store at ths
°Kitsumkalum, reserve.

“It will also hold a regulation:

size basketball court with stage,
“and a community kitchen, accord-
cing to. chief councillor Steve
- Roberts. on
.The. old craft store has been dis-
“jnantled, and foundation work for
- ‘the new centre has begun.
~ Roberts said the crest painting
‘on the’ front of the old building
has been preserved and will reap-
peat on the new building once it’s
Psigeer
i He predicts completion by Feb-

‘Ricki’s is going into a 2,100
quare-foot portion of the old
AAN store location, near Over-
allea, ..: ;

‘Supervisor Joante Christensen
iS: arriving this -week - to’ begin
ising; and says they hope to
pen in early November.

Alcan ups

production
‘ALCAN BOOSTED aluminum
‘production at Kitimat Works by
bout 6,000 metric tonnes with
e ‘restarting of 25 pats.

There are no plans to restart the
maining 70 idle pots on Line 7,
hich:were shut down in January
994" when Alcan announced ‘an
1 per. ‘cent production cut. «

The: latest move bumps the
pl capacity up to 248,000
‘metric tonnes annually.

It came in response to loss of
production due to a strike at an
Alcan Plant i in Quebec.

Kitimat slow

KITIMAT BUILDERS Supply
Ltd, closed last month. aficr 41
years in business.

Eleven workers were thrown
out.of work asa result,
The’ manager at ils sister store
in Prince Rupert has; blamed a

the shutdown. .
“Kitimat is. absolutely dead,”

Evitt Do It Centre, ‘old the Prince
Rupert “Daily News. "It's . the
overall economy in Kitimat. I
“this” year there were. three.
onsiig at starts. Two of them were

Richard’ Forward, | of | Philpott

a One x Vickers joins

Royal Bank —

A PROMINENT northwest na-
tive businessman has been ap-
pointed to a senior post at the
Royal Bank,

Mait Vickers is now senior
manager for aboriginal banking
for the Royal Bank’s B.C. and
Yukon district,

From Kitkatla, ihe 44-year-old
Vickers is Tsimshian and now
lives in Tsawassen, -

He was most recently CEO of
Eagle Dancer Enterprises, a busi-
ness started in partnership with
his brother, artist Roy Henry.
Vickers, -

Previously, he was executive’

director of the  Gitksan
Wet’suwet’en Government Com-
mission, has done private consult-
ing, and has been a district man-
ager for the Department of Indian
Affairs.

The Royal Bank has had an
aboriginal banking depaztment
for a couple of years, but Vickers
is the first native to head it,

Vickers appointment marks ‘an
increasing trend in the banking
industry to pay closer attention to —

what they sce as a growing native ©

market, .

“It’s no secret to anyone that’
the treaty negotiations are going |
to be coming to a head awfully
quickly,’? Vickers said last week,
“I’ve heard the Nisga’a will have
an agreement in principle by mid-
November,”'

“Following that you'll see
other treaty negotiations ac-
celerate and I think we'll see
gigantic opportunity as a result in
terms. of economic develop-
meat,’

Native groups that get money
and resources from treaty setile-
ments will be getting involved in
large joint ventures, he predicted.

“These new corporations, new: .
businesses, and. new . companies
need financing,’ Vickers said.
“So obviously there’s a huge op-_
portunity for financial institutions
and the Royal Bank knows this is —

an area we need to be moving

in. ted
Vickers says ‘that his primary
objective will be making the

Royal ‘Bank more flexible and

‘responsive to the needs of its
aboriginal customers.

“WAITING ON. DONUTS: ‘Robin's: Donuts new location beside the.

SAAN Store on Greig Ave. doesn’t hava an operator yet. ,

Donuts delayed

THE ROBIN’S DONUTS drive-
through location beside the new
SAAN Store may not be open un-
til thenew year. ©

Robin’s Foods has so far been |

unable to sign up franchisees for
its stores in Terrace and Kitimat,

“We're dealing with some
people now,” said Robin's Foods
vice-president Tan Sharp. -

If-a deal is done, he said, the
donut store could be open by ear-
ly December. If there are hangups
with the paperwork, : ‘a January
opening is more likely.

‘What's . unclear, however, is
whether a legal: tiff - between
Robin’s Foods and another com-
pany that had B,C. licensing
righis to the franchise is affecting
the opening of the new stores in
‘Terrace and Kitimat.

' Robin’s claimed DMP Holdings
Lid. was bankrupt and had aban-
doned its .rights to develop
Robin’s Donuts outlets. in’ B.C.

DMP said it was still in action -

and threatened a court injunction
to halt construction of all new

-PROFIING THROUGH.
RETAL L-
TECHNOLOGY.

Brough? ta you by:

A honds-on compuler or workshop

Talking Shop 1995 I

‘Monday, October 30, 1995

Workshop runs 9:15 a.m, fo 4:4 p.m,

Everything yo need fo know about retail l technology:

| An overview of the retail software packeiges available today,

Uses and benefits af key modules and reports, all demonstrated _-
live using large-sereen projection and Microsoft Windows 95 # A
hands-on software needs analysis for.your storé *. The hardware
your company will need tomorrow, what to buy today, and how
much it should cost * A hands-on equipment needs analysis for,
your store ® Software & hardware trends that are on the horizon
and will soon affect your business # How to protect your data «
How to take the next step and find a vendor that’s right for your
business. The training and transition issues you will face,

Just $99 + GST if you register at least three days in.advance, plus: |
a free copy of Microsoft Money for Windows 95, six sponsor door” -
prizes and a maney-back satisfaction guorantee from RMABC,

: With support and assistonce from:
) Eee Microsoft

ane British
q agree MAIL Se POSTE

+ ae ae ee ls vee

Ministry of Small Business, Tourism and Culture

Foi information cal RIMABC of 1-800 663. 5135 of 604- 736 0368

stores in the province- unless
Robin’s agreed to negotiate. -

The two companies had appar-
ently resolved their dispute in the
Spring, and agreed toa $1.2 mil-
lion = out-of-court ~—_ settlement
giving Robin’s undisputed fran-
chising rightsinB,C.,

But DMP's Barry Sullivan now
says ihe July 14 ‘closing date
came and- went without the
money arriving from Robin’s,

: “We ‘surrendered ‘the ‘licence

back ‘to ‘them‘and we are now §

going to arbitration,’? Sullivan
sald last week."

At arbitration hearing is set for
Nov. 22,

"We couldn't come. to an
agreement on the value of the
company, SO We're going to bind-
ing arbitration,’ Sharp con-
firmed.

He said the matter is no longer
a factor in Robin’ 5 franchising of
forts.

“T’s an internal matter between
us and the principals of DMP.

holdings," Sharp Said,

for retailers from RMABC

Coast Inn of the West
Terrace. _
Registration opens 8: 45 a.m.

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