32 — Sunday, September 13, 1992 — North Shore News

BUSINESS BRIEFS

BUSINESS BRIEFS

PEMBERTON PARTY

IN A_ bid to promote local
businesses along Pemberton
Avenue in North Vancouver,
Pemberton merchants will throw a
street party for the public from 6
to 10 p.m. on September 18.

Pemberton Avenue will be
biecked off during that time be-
tween 15th Street and Welch
Street.

“In a festive atmosphere of
food venues and music, you will
be exposed to the dynamic
displays of loca} businesses,’’ said
event co-ordinator Marcie Gar-
ries of MG 1. Pradactions on
Pemberton Avenue.

Garries said the idea of having.
a Pemberton Avenue street party
‘came about ‘“‘one hot August
day’? when she discussed the idea
with another Pemberton Avenue
business owner, Rose- Marie-John—
of Command Performance.

’ Both Garries and Johnsen are in
the promotion fields.

“*We've noticed. a diverse -
. background to the businesses on~

Pemberton. Most people think
Pemberton is just. a truck route
but’ it’s not. We've decided to
have a. Pemberton party and get
everyone out here,’’ said Garries.

“Ie’s an opportunity to get out |
and say *pi’, Ld

She added that every business
that will be participating in the
event will be displaying . their
promotional materials. There. will
also be plenty of entertainment in
the form of country and western
bands, a beer garden, food, danc-
ing and prizes.

“We put this. together really
quickly. We would like to have
some sort of an annual event.
Perhaps a Pemberton business
association would be created out
of this,’’ said Garries. -

HYDRO O PROFIT

B.C. HYDRO has reported that
its net income for fiscal 1992 was
$220 million, an increase of 6.3%"
over last year.

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The Crown corporation’s an-
nual] utilities report notes that
operating income was enhanced by
lower finance charges and higher
electricity trade income during the
fiscal year, which ended March
31.

In keeping with an order by the
B.C. Utilities Commission, "$181
million of operating income was
transferred to a rate stabilization
account.

The report states that B.C.
Hydro used its retained earnings
from fiscal 1992 to pay back the
bulk of $235 million in preferred
funding the previous government
had provided in the fiscal year
1989,

The entire amount was paid off
by July 31 of this year.

In the three fiscal years previous
to 1992, B.C. Hydru had made a
distribution to the province out of
retained earnings. In fiscal 1991,
the distribution was $145 million.

The Hydro report contains a
letter from chairman Norman
Oisen which warns that ‘‘despite
the favorable figures, there are

ANEW we:

stores. Bank cards ailow customers to pay directly
accounts without having any money change hands.

I you're like mast people, you're thinking about BCAA's great road

way to pay for grocesies is being tried out by grocery

sources of concern.”’

Olsen added that the reduction
in finance charges and the increase
in electricity trade ‘‘are influenced
by factors outside Hydro’s control
and cannot be relied upon to
repeat.’’

The report also said the utilities
board of directors has created new
committees to deal with aboriginal
affairs and to strengthen Hydro’s
employment equity policies.

Hydro also issued its first an-
nuai Report on the Environment,
a 20-page document summarizing
the company’s activities related to
environmental protection.

BBB WARNING

THE BETTER Business Bureau
(BBB) of Mainland B.C. wants to
make businesses aware that Local

. Pages Directory fac. of Vancouver

is sending solicitations in the form
of invoices for directory advertis-
ing to local businesses.

The solicitations have a walking
fingers-type logo and a copy of a

photo submitted

m their

BCAA

service. But for decades, BCAA Insurance Agency has offered
members a variety of insurance products including homeowners,
recreational vehicle, and term fife insurance. And our full-service
Travel Agency is the vacation specialist, featuring cruises,
member-exclusive tours, getaways and more.

Call for details!

|PARK ROYAL SOUTH

British Columbia
Automobile

922-3361

yellow pages ad is usually attached
for the targeted business.

The BBB warns that Local
Pages Directory has nothing to do
with B.C. Tel/Domminion Direc-
tory Yellow Pages.

*‘Remember, you pay for
Yellow Pages advertising on your
monthly phone bill, not according
to the payment plan proposed.
The bureau advises that you are
under no obligation to accept this

offer,’ said a BBB warning to
businesses.

*‘Also, you should never pay
for advertising until you receive
proof of publication.”

The BBB adds that in the event
that a cheque has been sent, a
written notice should be sent by
double registered mail to cancel
the cheque. That way the business
has proof that the cancellation
was sent and received.

AT RIMONIA

HUGH
STARK

. KIRSTIE
MACLISE

“Quer Thirty Years Combined Experience”
Authors of DOMESTIC CONTRACTS.
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