This Week March 14, 1990. Page MS

FUTURE WATCH

t is just 470 miles south (or 750 km) as the
snow goose flies, from the southern boundary of
British Columbia to the California border. A
similar distance east from our B.C/ Alberta
soundary puts one in Fortuna, Saskatchewan.
Heading south puts us in contact with the tenth
argest “country” on the planet. A $600 billion (U.S.)
1989 marketplace estimated to grow to a population —
f 33 million by the year 2000. Go east and you find
nly two million people in the provinces of Saskat-
-+hewan and Manitoba with much lower purchasing
swer. Has our nationalism of the past and our
>-ast/west political orientation led us into an econom-
¢ cul-de-sac that has to change

tors, seem still at depression fire-sale levels.

In keeping with their status as the tenth largest
economic entity, California maintains business offie-
es in Tokyo, London and Mexico. They plan to open
others shortly in the European Economic Community
and in Asia. But what may pay off even more is their
awareness of just what makes the new world
economy tick — their understanding of how today,
technology names the game and lays out the new
rules.

In California they have just established the Office
of Competitive Technology. Its mandate is to monitor
the world’s research and bring these discoveries to

Tax exempt financing is provided by the California
Pollution Control Financing Authority for companies
involved in pollution-control projects. Additional
financing is provided under their Enterprise Zone
Loan program for companies in food-processing,
manufacturing and distribution businesses. Tax-
exempt industrial-development revenue bonds can
be used by cities and counties to provide businesses
with funding at réduced interest rates.

For those developing new technologies, loans be-
tween $100,000 and $350,000 are available to finance
fixed assets or working capital. This is provided
under the California Innovation Development Loan
Program to encourage progress

n the coming decade? I say
yes”.

California is now creating

150,000 new jobs each year.

Many in the sunrise communi-
sations, entertainment and
1ew-science industries. Due to
heir strategic location linking

Drlomorrow-

By FRANK OGDEN

in new technologies. Other
loan programs provide guaran-
tees to banks and other finan-
cial institutions that loan to
small business and agricultur-
al Gineluding biotech agricul-
ture) firms. Another dozen

J.S. markets to the Pacific,
another $100 billion worth of trade flows each year,
hrough their seaports and airports en route to Asia.
Already 2,300 foreign-owned firms, employing a
ird of a million Californians have seen the light
md established offices there. Leading such investors
are the Canadians, Japanese and British.
Canadian real estate companies, already in Cali-
‘ormia, see the two-acre lot prices of between $7 and
510 million in Beverly Hills or Belair, moving faster
shan similar lots along Toronto's Bridle Path area
that recently sold to upscale eastern peasants for
$3.5 million). Present Vancouver land prices, in
somparison, especially to worldly-wise foreign inves

market by “forced-draft” development. Today's great-
est value lies not so much in inventing or discovering
new concepts, products and services as in implement-
ing their use before the rest of the world understands
how such developments will change the way we think
and work. The slogan of the Industrial age was “get
in on the ground floor.” Today that is much too late.
Now you have to “get in on the excavation.”

Unlike many other regions of America, California

‘offers a well-educated workforce. About 190,000

students graduate each year from California post-
secondary colleges, 15 per cent of all U.S. graduates.

business easier in California.
In‘ Canada we travel eastward many times the
distance to California before we approach the Ontar-
io market which is less than one-third the size of one
much closer, much wealthier and much warmer. Ina
globalized society those that restrict their thinking
and movements due to political or emotional consid-

_ erations will fail to achieve the greater levels of

wealth and satisfaction now becoming available in
the communications age.

More information: Director, State of California,
Department of Commerce, 1121 “L’ St., Sacremento,
California 95814. Tel. 916/ 322-3962. Fax: 916/ 324-
8394.

9°. Grand Opening

we a0?
aT Til LEGAL ates
PERSONAL INJURY? If you are oe “0 S
in an accident involving personal wor? pecials
ACT [ 0 Ie injury, seek professional advice
SMART BEFORE you see the ICBC
: adjuster. Receive consultation ] COMPUTER
4 ff from a lawyer, 24 hours a day. DESK
= Erevan So ve 54"x42"x24"
G | seasoned by splitting
d stacking it at REG.
Sse ESI eight montis oad, 1040 $228 4 = z
=e ee PRIVATE, PROFESSIONAL, PROBLEM SOLVERS NOW victoria STYLE BRASS DAY BED
BRITISH COLUMBIA MORAHAN AUJLA $ REG. $278
_ LUNG ASSOCIATION BARRISTERS & AUT. $148 now °178
ry
“OLDE Frame & Topspring Mattress Extra
Se ENGLISH” get daat
i HALL TREE
60th -
de REG. $39
, Anniversary Sale! + | Now
$ FIVE PIECE GLASS & BRASS
SUPERIOR QUALITY NAN |028,  SMieneor
& mi lls LATEX WALL PAINT BRASS On ui 39
M cetera CareF ree VELVET LATEX MIRROR K.D. Cash & Carry
r ;
« SCRUBBABLE 25"x16.25"
© VERY LITTLE cae 60.75" Tall
ae ao O29 REG. $199
4/3 OFF NOW
$149 FIVE eer aE SET
Free . . CareFree CareFree zi
sae LATEX EGGSHELL LATEX _ SEMI-GLOSS ACRYLIC ea ses Seni Se
ESTEXCENAMEL Inlaid Parquet Oak Set
« WASHABLE « SCRUBBABLE « SCRUBBABLE
+ VERY LITILE REG. $228 NOW $168
REG. § 4 6° sO O°? ee iE K.D. Cash & Carry
4 4/3 OFF 4L $73 OFF $5488 1/3 OFF =
MILLS BRAND UP TO 50% OFF* NOUR BRUSHES
PA| NT IN-STORE WALLCOVERINGS! & ROLLERS
A WIDE SELECTION OF THE LATEST ° THREE PIECE = ay =
© CE NR SOE 20 Ye FLOPPER SOFA SEVEN PIECE SOLID PINE
om WITH COORDINATED BORDERS. o Ero Soieoe A BEDROOM SUITE
OFF *Reg. Book Price OFF REG. $1998 © er eke Cie ueeaes Heatbearl
: NOW with Mirror, Footboard, 2 Night Tables.
UP TO 30% OFF* $ REG. 260
Se easing $1288 Now
m 1 FROM FOREMOST, BRIGE AND OTHER LEADING ae a=
*Reqular Book Price. Selected Books Only SIX MILE eee’
Sale ends Saturday, March 31, 1990. FU R NITU RE “
Mon. to Fri. 7:30 - 5:30 ~ 3172 Douglas St. ee visas Se 1612 (e)[e| island Hwy :
Saturday 8:30 - 5:30 (Across from Mayfair) ees ~ Next to Six-Mile Pub
Sunday 10:00 - 5:00 385-8794 Fax: 385-6497 474-2026 _

SSD TREE DRL IT OEE ALS Ce HEEL

financial programs make doing -