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. TP iessnernaninnrees tresesennacaes

SPARKLERS 939 | PREG. 4.79, 1/2 PLiCO si srerserseosessesesssserssessseeneserss :

4 Pak Everfresh Mineral Water with Fruit Juice

JCOOKIES |

7 Econo Pack

| Creamed Filled, 350 g, Reg. 1. 39...

2 Drawer, no locks

FILING CABINETS - ?, as” , FROG, 29.97 vscssssssseesscsssssseetsensanees seveasesanneen mI

89°

SPORT SOCKS

Boys, Size 8-10

2° , Tube, Reg. 4.96.......csserssssssssnssscsnsessssrssessnensensenene

TOTAL BODY SLIMMER 57)

err mnees baste a DDE CCPC ee CEO ODSCCeRenEAee

ABC

Laundry Detergent

4 Litre, Limit 4, 1 Reg. AQT secssssserssvcsvorsectsesenevssscseanes _ .M: SPECIAL. >

POTATO CHIPS

"10: 00

Kresfair, Reg. or

ee Limit 6, Reg. O76 ncsscreseoees Beh 44200 PM. SPECIA

POP

2 Litre, A&W Root Beer, Cream Soda, C Plus, Minute Maid Orange, Fresca, Tahiti Treat,

Limit 4 Reg. 4.99 a

“9: 00 P.M. SPECIAL -

giiVE SPECIALS

Q: 30 P.M. SPECIAL.

& Butercup white or brown 89° . Limit Bo esscscstsssees ssstasunessavenesnatacasnuseppagsasnseeasseane ,

"10: 30 RM. SPECIAL

TBATH TISSUE »991 24 rolls, Limit 2, reg DBO ssnsrseatecteectenescsensemees 3 |

8 April Soft,

nt :30 P.M. SPECIAL

[POTTING SOIL zt 47 |

#20 Litre, m Limit 3, Reg. 2.97......... Closed Good Friday & Easter Sunday Mon, & Tues, 9:30 a.m. -6 p.m. Wed. to Fri. 9:30 a.m. - 9:30 p.m.- Saturday 9am.-6pm 99 Sunday 11 a.m. - 5 p.m.