BO - Wednesday, March 2, 1983 - North Shore News

Gl business

West Van man appointed

Robert D. Flitton of Kings
Avenue in West Vancouver
is the new President of the
Housing and Urban
Development Association of
Canada.

Active in the organization
since 1971, Flitton is the first
president to be elected from
British Columbia in
HUDAC's 40 year history.

HUDAC started as the
Home Builders Association
of Canada and has been
created to serve as a
government lobby as well as
offering technical and

economic research within
the industry.

There are 5,000 corporate
members of HUDAC with an
additional 3,000 = indirect
members through member
councils.

Fliten is a Business
Development Officer with
Dominion Construction

Company Limited where he
is responsible for a
residential development
project and marketing.

The new President of
HUDAC is an optimist when
it comes to housing in

New HUDAC head

Canada. At a recent con-
ference Flitton pointed out
that in 1983 interest rates are
lower, longer term mortgage
money 1s becoming available
and that people still want to
own their own home.

‘The prospects are better”
says Flitton of the housing
market this year.

Married with three sons,
Flitton is a fisherman and a
golfer who also enjoys a
good game of bridge. He has
been involved in the housing

and building industry since .

1970.

Feds should change pricing

Says one gas producer

CALGARY (UPC) —
Despite attractive quantities
ot natural gas authorized for
export, Canadian producers
could find themselves pnced
out of the market unless the
federal government changes
1s pricing regime, says one
gas producer.

“The problem facing our
industry ts mot one of finding
markets. What we need is a
realization by government
and industry that we can't
expect the U.S. buyers to
continue to take Canadian
natural gas regardless of the
price.” Scotty Cameron,
president of  Pan-Alberta
Gas Lid. told a meeting of
petroleum producers

The government should
seriously consider all forms
of possible pricing

techniques, Cameron said,

including = tlex = pricing,
distance-related pmeing and
seasonal pricing

The National Energy
Board has authorized the
export of an additional 11.5
tnihon cubic feet of western
Canadian natural gas to the
United States and Japan.

Pan-Alberta received
approval to export 2.09 tcf to
New England and = muid-
Atlantic states beginning
next year. The company now
exports a minimum = 266

billion cubic feet of gas
annually through the
prebuild section of — the
Alaska Highway pipeline.

representing annual
revenues {tO governments
and gas producers of $1.57
billion.
Canadian
fallen

have
from

exports
dramaucally

85% CASH 85%

for your

Child Tax Credit

Income Tax Refund

Let our staff of professionals serve you promptly
Why wait months.for your money?

Call: 988-6121

io] Bentax

1836 Lonedale Avenue
OPEN FRI TILL 8 P.M. / SAT. 9-5 PM

wesh free

COMMUNICATION
IS OUR BUSINESS

We offer courteous, convenient, effi
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paging. Telex, and a special service
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980-8010

1979 when 94.5 per cent of
authorized volumes were
exported to less than 50 per
centin 1982. Meanwhile. the
price of Canadian gas rose
from 30) cents (U'.S.)) per
thousand cubie feet in 1972
to $4.94 per mcf in 1981

But the export: price ts
only part of the problem.

Cameron said. Other factors
mclude a surplus of gas in
the LS. and reduced market
demand as yas ts displaced
by lower cost heating fuels.

“We can no longer expect
to find a ready market in the
US. for natural gas without
considerauon of price and
tcontrac)) term.”

SEENORTH SHORE EEE

rm

INTAKE EVERY 3 WEEKS

For turther information call 980-2713
North and West Vancouver School Districts

FEES START AS
LOW AS ...

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ALL WORK IS GUARANTEED!!
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100-400
Mon - Fri

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FOR
YOUR
1982
TAX

Consumer and Corporate
Affairs Minister im Hewitt
today cautioned consumers

against sellime their an-
ucipated income tax returns.
Hewitt said the combined

“effects of an wuncCértain

economy and hi up-
employment may lead many
British Columbians to seek
.“fast) money” by _ selling
refunds to tax rebaters.

“This type of service costs
money and should be

considered only if taxpayers
can't wait the normal eight
_weeks_or so that—it—takes

Revenue Canada to process

Think before

a tax return.”

Hewitt said -consumers
who can't wait should know
that under the provisions of
the Consumer Protection
Act they are entitled to 85
per cent of a refund im-
mediately on signing it over
to a tax rebater or dis-
counter.

“If the refund turns out to
be more than the figure
stated on the return, the
consumer's portion must be
provided to him within 30
days of. the—disceunter's -
receiving it,” he said.

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