HOTEL SUCCESS

THE VANCOUVER hotel in-
dustry racked up a banner year in
1990 as the city’s hotel occupancy
rate ranked as the third largest in
North America, according to a re-
cent Price-Waterhouse report on
hotel market trends.

Vancouver averaged 78 per cent
occupancy for the survey period,
second only to Orlando, Florida
and Las Vegas, which both stood
at 80 per cent.

Tom Walker, Tourism Vaa-
. couver’s executive director, said
the news was both good and bad
for Vancouver's tourism industry.

“On the one nand, high oc-
cupancy shows strong demand and
good returns for existing hotels.
However, it also suggests that new
hotel development has not kept
pace with the growing popularity
of Vancouver as a destination and
that new construction is needed to
meet visitor demand if we are to
continue the kind of growth we've
enjoyed over the past few years,”
said Walker.

He noted that new properties,
such as Canadian Pacific's water-
front hotel, are now under con-
struction and will make important
additions to the city’s overall ca-
pacity once they are completed.

‘However, we are hopeful that
overall Canadian toucism figures
are not discouraging rew invest-
ment in Vancouver since we are
bucking the national trend by ac-
tually posting significant tourism
increases at a time when other
major centres are down,’’ said
Walker.

BUSINESS
OPPORTUNITIES

THERE ARE tremendous
business opportunities waiting in
Hong Kong and other parts of
Asia but Canadians had better be
more aggressive and globaj-think-
ing if they want to take advantage
of them, according to the new na-
tional president of the Hong
Kong-Canada Business Associz-
tion (HKCBA).

“Andrea Eng, a Vancouver
commercial realtor with Collier
Macaulay Nicolls, and who holds
an international reputation, was
recently appointed the national
president of the HKCBA. She said
that her organization is aware of
the concern being expressed as

REALYOR Andrea Eng
portunities in Asia.

1997 approaches, the year China
takes over Hong Kong.

*But business will continue
beyond 1997 and our association
will continue to play a valuable
role as a bridge between Canada
and Hong Kong business
interests,”’ said Eng.

She added that the HKCBA is a
first point of contact for new
business immigrants from Hong
Kong who bring international
business expertise and a strong en-
treprencurial sense to Canada.

“*We expect to see further im-
migration but also a return to
Hong Kong of some of these en-
trepreneurs once they have estab-
lished a base in Canada,”" said
Eng.

The HKCBA maintains strong
ties with the Canadian Chamber
of Commerce in Hong Kong. In
addition, the association provides
a valuable local network of in-
troductions for Canadians looking
for business opportunities in Hong
Kong and other Asian focations.

GST SEMINAR

THERE IS GST help on the way
for North Shore businesses who
are finding the new tax difficult to
implement.

North Shore Continuing Educa-
tion and Revenue Canada will of-
fer an information session design-
ed to help local businesses orga-
nize, maintain records and
streamline GST procedures.

The seminar will be held on
Jan. 23 from 9 a.m. to 12 p.m.
To register, call 986-8888 and ask
for course SC91.

30-59 DAYS
TERM DEPOSIT

983-3773

Lonsdale Quay
Next to Seabus
North Vancouver

F Citizens Trust

MEMBER CANADA
DEPOSIT INSURANCE CORPORATION

Wednesday, January 16, 1991 ~ North Shore News - 29

In the matter of Neptune Bulk Terminals’ proposal to
construct an additional Potash Storage and Transfer facility
at their North Vancouver terminal. the Vancouver Port
Corporation announces the formation of a Panel to receive
interested views on the project, and to consider such views
in making Recommendations to the Port Corporation.

PUBLIC MEETING SCHEDULE:

TUESDAY, JANUARY 15, 1991, 7:00 P.M.
NORTH SHORE WINTER CLUB
JIM GRAHAM LGUNGE
1325 East Keith Road
North Vancouver, B.C.

THE PANEL:

CHAIRMAN: John D. Wiebe, PhD,
_ _Senior Vice President,
Asia Pacifie Foundation of Canada

Edwin ‘Mac’ Clark,
Former Regional Director,
Iniand Waters Directorate

Environment Canada (retired)

David Marshail,
Former Regional Director,
Pacific Western and Northern Region
Federal Environmental Assessment Review Office
SUBMISSIONS/PRESENTATIONS:

The Panel will receive written or verbal submissions
’ regarding this project, as follows:

Written Submissions - accepted up to 3:00 PM.
January 14th, 1991.

Verbal Submissions - will be scheduled for the
Public Meeting on receipt of a written request to the .
Panel, accompanied by a presentation outline.
Requests accepted until 3:00 PM., January 15th.

Mailing Address:

CHAIRMAN
PORT OF VANCOUVER PUBLIC
REVIEW PANEL; NEPTUNE
c/o 666 - 999 Canada Place
Vancouver, B.C.
V6C 3E1

Interested parties intending to participate in the
Public Meeting who wish further information on these
proceedings are invited to contact the Panel Chairman

by telephone:

684-5986 °

Vancouver Port Corporation
1900 - 200 Granville Street
Vancouver, B.C. V6C 2P9

With GST in your marketplace,

it is important to compare prices.

Some prices include GST. But

often, it is added later.

Before you buy, look for signs...

or ask. Where GST applies,

know whether it will be added at

the cash register or if GST is

built into the price tag,

GST added, or GST included.

It’s important for you to know

the difference.

If you have other questions about

the GST and prices, the answer is to
_ call us toll-free Monday to Friday

9am-9pm.

The GST Consumer Information Office.

1-800-668-2122
avi Government of Canada Gouvernement du Canaga

Canada