SIELVET EXPANDS

STARTING GN Dec. 2, travellers
visiting Whistler will be able to
travel to the resort community
from Vancouver by helicopter.

Helijet Airways Inc. of Rich-
mond will begit scheduled
helicopter passenger service on
that date, delivering passengers
from the Vancouver harbor and
Vancouver International Airport
heliports to Whistler using a 12
passenger Sikorsky S-76A aircraft.

Helijet president Daniel Sitnam
said initially the service will be
one flight a day, seven days a
week with departures from the
Vancouver harbor and Vancouver
airport at midday and from
Whistler at 1:30 p.m.. Direct
one-way flying time from = the
Vancouver harbor or the airport is
about 30 minutes.

“The growth of the Whistler
area aS a tourism destination and
the increasing popularity of
Blackcomb and Whistler moun-
tains with skiers from around the
world makes it timely to introduce
this scheduled service between
Whistler and Vancouver and the
international airport,’’ said Sit-
nam.

At Whistler, the Helijet aircraft
will land at a public helipad adja-
cent to the main highway about 10
kilometres north of the Whistler
town centre. Helijet will transport
passengers by bus between the
helipad and the town centre. In
Vancouver, the service will be
provided through Helijet’s
downtown harbor heliport and at
the Vancouver airport Helijet will
use its existing heliport and will
provide ground transportation to
and from the main terminal.

Helije: will establish a check-in
and dispatch facility in the
Whistler town centre.
Structure is $120 each way plus

_.GST and a senior’s fare will be
$90 each way plus GST while a
children’s fare is set at $80 each
way plus GST. .

Tickets can be purchased from
Helijet or any travel agency.

PROFITS DOWN

.CANFOR CORP. says weak
markets for its pulp and lumber
products resulted in a net loss for
the nine months ended Sept. 30 of

Have a safe
Halloween

THE KIDSCARE program of
Consumer and Corporate Affairs
Canada has some safety tips to
help parents and other caregivers
get ready for Halloween.

One of KidsCare’s goals is to

make adults who care for children’
aware of things they can do to
reduce the number and seriousness
of accidental injuries suffered by
children. These include: .
@ Look for costumes, beards and
wigs labeiled ‘‘flame-resistant’’;
- nylon or polyester costumes are
best.

@ Avoid outfits with big, baggy
~ sleeves or billowing skirts to lessen

the risk of contact with candles.

@ Place pumpkins with candles

well away from doors and walk-

ways. :

@ Choose brightly-colored

costumes that will be clearly visi-

ble to motorists.

@ Decorate costumes with reflec-

tive tape for even greater visibili-

ty. ~

@ Use make-up to create a mask

rather than wearing a mask which

might restrict breathing or vision.

Radar, the KidsCare mascot,
hopes that these safety tips will
help both parents and children to
have a safe and spocky Hallow-
een.

The fare.

$66.9 million, or $2.63 per com-
mon share after preferred divi-
dends.

The company’s year-to-date fi-
nancial results are substantiaily
below its 1990 nine-month net in-
come of $29.9 million, or $1.24
per common share after preferred
dividends, including an after-tax
net gain of $26.2 million arising
from the sale of assets.

For the third quarter, Canfor
experienced a net loss of $34.5
million, or $1.42 per common
share after preferred dividends,
compared to last year's net loss
for the quarter of $13.7 million,
or .62 cents per common share.

The financial results for the
third quarter included non-recurr-
ing after-tax charges of $2.7 mil-
lion related to “rationalization
and restructuring for operational
efficiencies” to be undertaken at
the company’s Panel and Fibre
Division in New Westminster.

These changes ‘‘will pave the
way for lower cost hardboard
production and improved en-
vironmental petformance as the

_ than you thought

SRIEFS

Na
BUSINESS BRIEFS.

division continues to develop and
expand its promising new wood
fibre-based products.”’

In its report to shareholders, the
company said that due to seriously
depressed pulp and lumber prices
and below-capacity pulp inven-
tories, downtime was taken at the

company’s Howe Sound Pulp and
Paper Lid. mill and a second pulp
mill in Prince George. More
downtime is scheduled for the
fourth quarter.

FEDERAL FUNDS

P.R. INNOVATIONS of Van-
couver will receive a $60,000 Ioan
from the federal government’s
Western Economic Diversification
Fund (WD) to give its business a
new twist.

The company currently pro-
duces a patented multi-bit
screwdriver, the PICQUIC, with a
unique design which makes chang-
ing bits faster and easier and elim-
inates lost bits with its patented
bit storage system.

The company plans to expand
its product line to include a
shorter model, the STUBBY, for

“use in smaller spaces ard BIT-

PAC, a storage box for a full

range of interchangeable bits.
“The WD assistance will help

us to market our products and

build up an inventory so we can
take advantage of the export op-
portunities,"” said P.R. Innova-
tions vice-president Paul McKen-
zie.

BUSINESS COURSE

THIS MAY be the beginning of
the end of the recession but if you
are looking for financing for
business growth and development
these are still tough times.

Simon Fraser University is of-
fering a highly successful program
on financial strategies for small
and medium-sized business, even-
ings on Nov. 5, 12, 19, 26 and
Dec. 3 at its Harbour Centre
campus.

The seminar leader is David
Clime, senior financial analyst
with Westcoast Energy Inc. He
heads a teain of instructors drawn
from government and venture
capital, legal and banking
specialists.

For more information,
Helen Resnick at 291-5081.

call

our savings could be
growing better
possible.

Our Savings Specialists can show you |

interest rates and options to help you maximize your savings.

These days deciding what to do with your savings
takes a little extra thought. At Royal Bank we've got people
who will help you make the right decisions. They're ;
Savings Specialists who will explain our secure savings

eee reece aera
Investment Certificates
New 7-year term

Minimum $500 deposit 9.50 %
Investment Certificates* and
Promissory Notes* are stable and
secure ways to protect your savings
against fluctuating interest rates.
Your money is “locked in” and rates
are guaranteed. You can choose our

new 7-year term or terms of 30 days
to 5 years.

Royal Money Maker Account

On that portion of your savings .
=~ 6.95%

that is $100,000 and over.

Minimum $5,000 deposit,

Your money earns daily interest and
it’s not “locked in” You can withdraw
or add to it, anytime. Interest rates
are tiered so the more you deposit,
the more you earn. You earn an invest-
ment rate of interest on a daily basis,
paid monthly. Royal Money. Maker®*
is ideal for short-term investing.

options and tell you about our competitive rates, If you
want to grow your savings, talk to our Savings Specialists.
We help more Canadians save than any other bank.
‘That's why we're Canada’s leader in personal savings.

RSP Term Deposits
9.00%

Now is a good time to make your 1991
RSP contribution. Early contributions
mean you earn more and avoid the
February rush. And don’t forget that
the maximum personal contribution
has been increased to $11,500. Our
RSP Term Deposits pay highly
competitive rates for 1 to 5-year terms,

5-year term ‘

Canada’s leader in personal savings
ROYAL BANK

Talk to our Royal Bank
Savings Specialists

Before you decide on any of cur
savings options, talk to a Royal Bank
Savings Specialist at your nearest
Royal Bank branch, or cail toll-free
1-800-663-2193 in British Columbia.

Interest ratesquoted are perannumeffective October25, 1991. For the latest rates contact your nearest Royal Bank branch. Investment Certificate interest rate quotedispaidonan annual basis,
RSP Term Deposit interest rate quotedis compounded annually on anon-redeemable certificate. * Registered trade-markof Royal Bank of Canada.
*Offeredby Royal Bank Mortgage Corporation. Guaranteed by Royal Bank uf Canada,