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August 1451987 News OXS-2131 © Classilied 986-6222 Distribution 986-1337. 80 pages 280°"

mis TIMOT RENSH, AWE
: (Nes Reporter

“wand -mid-1989,.when: actual GOH horsepower, 30,000-1on: Polar:8' is
struction © on ~ the! icebreaker expected to begin in October and’
scheduled to begin. be.completed by July: 1988.

yi The .. construction contract ‘will:
then) :be awarded, - Shipyard

abrication will begin in October *
1989. with Polar completion date

“and: -scheduled for mid-1992. 8.0 0.¢ 4
ak er. Ao ' The icebreaker will be assembled.
in modular units. Final fabrication .
“Sw an nWVooster: inc. <will-be done in. Versatile’s Victoria
“but anti-climactie yard.; Work: will. be split equally:
re beiween both Versatile yards.
(7 ‘million oe i
wilh be the 5: 1,000 JOBS
sel’ constructed: by Vere. 0° :
nd $8 million to’design the ° Employrnient provided: for, ‘both:
: the financially- troubled.” :-Versatileyards ‘by. the project: will”
ird sill receive | $37, million’ *-run up. to-1,000 “jobs oversan ‘18
the federal: government to: month peak period;:
ard: complete: financial. Alsop said the | project: would :

orestructuring and: modernize’ the“allow Versatile-t0 develop the on i
company's: North Vancouve aa and pertise “necessary: ‘to compete
_Nictoria: yards. : technically : for’. similar “projects

we TS “with'any shipyard in the world.

oo FEDERAL GRANT While’ Marine” Workers . and
' Of. the $37 million, S19 million, — Boilermakers. Industrial” Union:
which. includes a-March 2-313 mil- -. (MWBIU) president’: John °:Fitz-
‘lion’ federal) .government Joan’ patrick “applauded :the efforts“ of"
guarantee.-to Versatile. that. will) © Capilano MP Mary Collins,-both

‘now become a grant. will be used © North) Vancouver. mayors ‘and .the®

AT 235° pounds, Bob. The. Bad Boy’. Stiles prepares to ‘pliinge into 5 history while practising for the 1987:
North American belly’ Nop championships atthe Coach. House Inn in North Vancouver. The champion-:.
will feature floppers. — many. weighing in at, over 200 pounds :

ships,
competing for.$1,000 i in prize mone

“to complete, Versatile’s financial

oTestructuring. i
The remaining’ $18 million will

“be invested in modernization of the
North, Vancouver’ and . Victoria.

yards, |
; Alsop said details of how. the
S18 million would .be split. between

“the two yards had yet to:be finaliz-

ed; ‘but added’ after: the: press ‘con-
«ference -:that; the. company’s Vice

“toria yard ‘was emost need: of

upgrading. 8
~ Design work? on

local’ Greater Vancouver Coalition
on’ Shipbuilding “in? lobbying“ to :
secure the: Polar 8 contract. for:tne :.
West Coast, he said the immediate
problem‘ of.,finding -work ae thi