of industrial tax base in Terrace,"
writes Monteith in what might be

_ described as a bit of an under-

statement.

' But this is only a part of the

story. ‘The number of actual gen-
eral operating dollars raised from

taxes is more telling. In 1991,
’ Prince Rupert raised $10.2 mil-
lion. This includes $2.3 million —

from home owners, $2 million
from business and $5.9 million

_ from major industry.

Kitimat raised $8.2 million,
$529,699 from home owners,
$286,696 from business, and $7.4
million from major industry. Ter-

"The ‘above table shows the lack —

race. raised $4. 7 million, $2.1 —
million from home owners; $1.8
million from business and

$750,989 from. major industry.

_. This and.other data will likely.
form the basis of many lengthy ©

debates over the coming. months.

Tossed in the middle will likely be

the Thornhill incorporation-
/amalgamation issue. But in the
final analysis, the real bottom

line could be where the estimated

140 new Orenda employees will
choose to live. ‘Their choices ‘are
Terrace,” Kitimat and Lakelse
Lake, And none of the political

forces have much ‘control over

that. .

ALCAN STILL

IN DOLDRUMS |

Alcan Aluminum lost. $13
million in the first quarter of
1992 on revenues of $1.84 billion.
The loss continues: a trend .from

1991, caused mainly by poor _

aluminum prices. Russian exports
are’ being held to blame for a

- world-wide glut of the metal.

Alcan CEO David Morton said
the company doesn’t expect a .

price recovery in the near future

and: will continue attempting to
cut.costs and upgrade products.

a

_ ENVIRONMENTAL ASSESSMENT

> |

You" RE INVITED.

() ver the c coming months, the

province will carry out a process
of public consultation toward new envi-

_ Tonmental assessment legislation.

A discussion paper has been

produced that proposes a new environ-
»mental assessment act that will integrate |
_ ecological, social and economic factors:
_into major project development and °

review. This will replace existing
project review processes with a ‘single,
legislated assessment process.

Dale Lovick, MLA Nanaimo and 7
Parliamentary Secretary to the Minister

-of Environment, Lands and Parks, is
“leading a province-wide public consulta-
'  fion process on proposed environmental
_ assessment legislation. Mr. Lovick looks
- forward to hearing your comments.

proposals for improved environmental
_ assessment, plan to attend an open’
house at:

: Terrace

. hear your comments and ideas for
- environmental assessment at 7 p.m..

. Or write to:
‘ Mr. Dale Lovick, MLA
Public Consultation Project
* Ministry of Environment, Lands and Parks-
Ist Floor, 810 Blanshard Street
Victoria, B.C. V8V 1X50

1-800-665-7120 .

ff Province of British Columbia -
Ministry of Environment,
ee Lands and Parks - |

To learn more about the government's

Wednesday, April 22, 3 pan mM. . to 8 p. mn.
Inn of the West ~

Mr. Lovick will be available to

'

Terrace Review — April 16, 1992

SRE A LER Re ete Net Ren oe eee inten

SO eres nemo MERE Shyer f
RA yi eo