8 - Friday, April 23, 1993 ~- North Shore News Ferry deal ratified THE BC) Ferry Corp. (BCFC) and the B.C. Ferry and Marine Workers’ Union have ratified. recommenda- tions made by the Labor Relations Board for a new collective agreement. Recommendations made by labor arbitrator Brian Foley, the basis of a two-year collective agreement: that expires Oct. 31, 1994, include wage increases of 2% in the first year of the con- tract and a further 2% in the se- cond year. The agreement also allows: the parties to deal with issues such as ofterational safety, technological change, contracting out and pay “We are very pleased that a collective agreement has been retched with the assistance of Brian Foley of the Labor Rela- tions Board,’ said BCFC presi- dent and chief executive officer Frank Rhodes. The BCFC and = the union reached a tentative agreement in late November. The move came after the union held a strike vote in November to back contract’ demands while mediation efforts continued. The union cepresents 3,885 BCFC eniployees, The employees had been without a collective agreement since Oct. 34, 1992, Negotiations for a new deal began on Sept. 25, 1992, but contract talks collapsed Nov, 2. Automotive would be pleased to answer any automotive questions you may have. equity. PVS Automotive Inc. West Vancouver's Finest Automotive Service Centre DURING THE MONTH OF APRIL PV.S. WILL FOR OVER 10 YEARS PVS AUTOMOTIVE HAS BEEN PROVIDING WEST VANCOUVER MOTORISTS CONVENIENT QUALITY CAR REPAINS, WE OFFER THE HIGHEST QUALITY PARTS, GUAPA"TEED WORKMANSHIP & FAST, FRIENDLY SERVICE. For Friendly and Professiona! Car repairs at Competitive Prices......Call us! Phone 926-7181 ! PVs Automotive inc. 1439 Clyde Ave. \ Ambleside® Wes!| Vancouver _. ‘N owA Royal Bank Mortgage Comes With Up To $1000 Worth Of Homeowner’ Gift Certificates, © | | THE NEW RateCap per™ DL) morrcace ‘Itsthe mortgage ofthe 90's, And it’s only at Royal Bank. You get allt rhe security of a 5 year fixed term combined with the flexibility of variable rate, The difference is, we'll start you off below the RateCapper fixed rate. Then, as the prime rate drops, your rate will follow suit, so youget the savings of a variable rate mortgage. However, if the rates increase, you're protected, because you can never ~ exceed your established RateCapper S year fixed rate. It’s win-win opportunity. And it could mean significant savings in interest payments over the 5 year term. OURNEW 6 MONTH CONVERTIBLE TERM This gives you a fabulous combination of high flexibility " atour lowest 6 month fixed term mortgage rate. Choose this option when establishing or renevring your Royal Bank mortgage. Later, you can convert toa longer closed . fixed term Royal Bank Mortgage anytime during the 6 month period without nenalty OUR NEW RAINY DAY OPTION™ This option allows you to skip principal and interest payments for up to 1 month a year when unexpected expenses make sudden demands on your cash flow. Should you wish, you can repay your skipped payment anytime during the current term of your mortgage. OUR NEW 7 YEAR TERM With this mortgage you can lock in for a fixed rate for seven years. It gives you the security of f knowing exactly what your mortgage payments will be over an extended period of time, allowing for easy budgeting and planning. SOUND ADVICE FROM MORTGAGE SPECIALISTS Our mortgage specialists are trained professionals in all aspects of the mortgage business. They'll custom-build your mortgage to meet your needs today, and tomorrow. ROYAL ™Trade-mark of Royal Bank of Canada | SWITCHING IS FREE AT. RENEWAL TIME Until May 1, 1993 we'll waive the $85 transfer fee. And - when you switch to us we guarantee there will be no legal fees. _ : 60 DAY RATE GUARANT EE. . With the exception of the RateCapper mortgage, your fixed term interest rates are guaranteed up to 60 days prior: to signing, [frates go up, you're protected. Ifthey go down, you get the lower rate on the term you selected. UP. TO $1000 WORTH OF PERSONAL - CHOICE HOMEOWNER'S GIFT — CERTIFICATES When you switch or take out anew morgage you get to . personally select up to’ $1000 worth of home related: gift certificates to meet your individual needs. You can’ select certificates that let you save on moving services, | home alarm systems, laundry appliances, hiotels and. more. All part of the added value you receive when you - switch your mortgage to Royal Bank. So drop into a Royal Banksoon ocala: free 1- 806- 663193 or 665-8613 8613 ‘in Vancouver today. More Canadians Choose Royal Bank For Home Mortgages. SANK |