Page AG - The Terrace Standard, Wednesday, April 7, 1993 BUSINESS REVIEW building. ARRIVAL OF warmer weather has increased outdoor activily. That's Kevin Turner of Turner Improvement from Kitwanga in- stalling the new colours for Fountain Tire on the outside of its Orenda waiting for a gov't plan RRACE rovincial go emfne ert iain is ve coe up witlina aolicy. on‘ corpo- rate assistance’ before it can con- * sider the Orenda Forest Products wquest for a $100 million loan guarantee, says company vice president Frank Foster. That’s the word the company _ received in talks: with provincial - officials, said Foster. “All we know is the. govern- ment will-be coming up with a he added. Orenda made the request for the loan guarantee earlier this year as part of a $500 million financing package for its planned pulp and paper mill south of Lakelse Laké.. But the province.cancelled. its loan and joan guarantee program for large companies in.1991 and - has yet to replace it. . Last. week’s provincial budget didn’t contain any direct news of @ loan guarantee or loan program of the size Orenda wants, : But Orenda is working..with a new provincial agency called the B.C. Investment Office to prepare information for. an eventual presentation to cabinet. That agency acls asa liaison be- tween companies. and. the . pro- vince in developing new projects, B.C, Investment. Offices have also asked to meet with Orenda’s banking group. . Lorne. Sivertson, who runs the invesiment as ROR renda’ re nd i ans ee “ ee wali uprof public and private seclor repre- sentatives for consideration, kk kkk In the meantime, Orenda offi- cials spent the early part of March in Finland talking to companies and the government about their project. Orenda wants to buy paper _ making machinery from Valmet policy and that it. will be soon,” | but also wants to hire Tampella Forest Products’ which uses the same type of machinery Orenda wants lo buy. -**Tampella Forest Products has _ an MFC (machine finish coated paper) mill in Finland and we’re looking. for expertise,’’ said Foster. Company officials are working on an arrangement whereby the Finnish government will guaran- tcc up to 90 per cent of the estimated $100 million purchase ' price of jhe paper ‘making ma-- chinery.- Foster sald the Finnish guaran- tee isn’t conditional upon the B.C. government giving its own guarantee, kk kkk And Orenda has also lined up a " company to market the kind of / paper it wants to produce. © “Foster said that company will be looking for customers through out North America and overseas. QUTAND azouy, TERRACE — Severel nomina- tions have already been received, for the Terrace and’ Disirict Chamber of Commerce’s. 1993 Business Execulive: of the. ‘Year award lo be given June 26. The selection committee is made up of the chamber board and there are eight criteria. Two of - that business must be profitable, There are. six other. criteria: as- signed points in descending or der. McDonald’s, cove of ‘Bob Wilkinson of Wilkinson Business : Machines, Gerty © Martin. and Krause of Northern, ‘Drugs, Mark and Marj Twyford, of, Close. . Up Business ‘Services,’ Rod ‘Ver- : strate’ of the Coast Inn” of the : West, Georgs Clark’ of ‘Terrace Travel and Eric Johanson of Can- thase’ criteria” are : mandstory, The person must have: ”’ owned of managed’ a. ‘business . here for at least three years and’ Past winners aré Malcolm Hil. ada Safeway. “The deadline for 1993 nomina- tions is April 15, Ok tok There’s an April 14 deadline for small businesses wanting space at the Terrace Home Based Busi- «ness. Association's . spring busi- - hess. fair Apfil’ 24 in the arena banquet room - This is. the’ seccind spring fair held. by..the “association since it ~ was formed five’ years ago. It’s hada fall fair.each year, - “There are 26° spaces available, says assclation Spokesman Lori Merrill. eg ee Businesses don’ thave lo belong to’ the - business “association but they must have City of Terrce business licences, she said, “To book space, or-for more in- ‘formation, call” ~» 635-9415, Registration forms: also available at the-Terrace and District Cham- --berofCommerce, ; Trades show will be busy TERRACE — More. than 70 businesses and. organizations have signed up for the Terrace and District Chamber of Com- merce’s May 7-9 trade show. The show concentrates on the forestry industry and will be com- plemented by a cily-sponsored conference on forestry. The week of: the trade show is also National Forestry Week. “This is the first year the cham- ber has held a trade show.,. Last year the cily held a trade show tied to the Minerals North confer- ence here, - ; “We're extremely happy with the response. I’m sure we'll have -- § our booth space sold out soon,”’ said trades fair organizer Debbie McIntyre last week. _ Also planned are’exhibits on the | forestry industry under the direc- - tion of the Terrace branch of Ca- nadian Women in Timber, she said... “This will be an excellent way to inform people about the indus- iry,’? said McIntyre of the above _ exhibits, The conference takes place in’ J the arena and officially opens noon on May 7. There'll be tours that afternoon of the exhibit area for those at- tending the conference and for - school groups. The chamber of commerce’s trades fair and the one’ organized © last year for the Minerals North conference follow in the tradition . of the ones organized for years by the Terrace Jaycces, between the old and new fax law on your vehicle purchase Example: _ Old Tax Law ‘$25,000 Vehicle -10,000__ Trade In» _xB%F PS, me $15,000 : New Tax Law You Pay $25,000 Vehole. $25, 000 | -10,000._ Tradein : _x7%P8.1 = $16,750 +457 $15,000 a, 750 4 =vo es ~Is the new tax law the only thing standing between you and your new vehicle? Well... _ THE TAX IS ON US! From now ; until Apri 30 Terrace Motors Toyota will pay the difference | You Pay $16, 000 : $15,900: 45-7. BUT WE PAY THE DIFFERENCE This is a limited time offer See Us Today! May not apply to vehicles over $30,000 TERRACE MOTORS TOYOTA |} 4912 Hwy. 16 West bi.5957 635-6558 ALL DAY SPECIALS SNACKS B Kraco Pop Up to 908 g Reg. 2. 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