24 - Sunday, August 14, 1994 - North Shore News BUSINESS BRIEFS Compiled by Kate Zimmerman North Shore business groups and individ. uals wishing to submit items to Business Briefs can fax them to the attention of Kate Zimmerman at 985-2104, North Shore FCGAs named to CGA Educational Foundation Harold B. Stringer, retired Fellow Certified General Accountant (FCGA) and Pam M. Hansen, FCGA have been named RETIRED FCGA Harold B. Stringer. as members of the 1994-95 Board of Trustees of the Certified General Accountants Educational Foundation of B.C. ; Hansen is principal of Hansen & Co., a CGA firm in North Vancouver. hs PAM HANSEN, of the North Van CGA firm Hansen & Co. The CGA Educational Foun- dation was created in 1988 to pro- vide financial assistance to stu- dents enrolled in accounting and telated programs at the secondary, post-secondary and graduate lev- els. “As B.C.’s largest professional accounting association, we recog- nize the importance of the vision, energy and ideals of its student population in the future of our pro- Read the . RECORD REVIEW every Wednesday in the North Shore News fession,” said Stringer. BBB offers spots in guide The Setter Business Bureau of Mainland B.C. Buyer’s Guide is offering members advertisement space. To reserve space or get rate infozination, call Ron Janakka at the Vancouver Sun, which publish- es the guide, at 732-2356 or call the BBB at 681-0312. TMI gets new contract The Mentoring Institute (TMI) of West Vancouver has been awarded the contract to re-design and deliver the mentoring program training for CSX, a multi-billion dollar transportation corporation headquartered in Jacksonville, Fla. Dr. William A. Gray, President of TMI, says the mentoring pro- gram involves a diversity emphasis for management professionals. Vacancy rates sink Strong demand and lack of new supply has lowered the vacancy rate for business space on the North Shore. At 4.5%, the North Shore vacancy rate is the lowest of any of the markets recently surveyed by Colliers Macaulay Nicolis. Small deals combined to absorb 7,000 sq. ft. which was almost evenly divid- ed between Class A and C build- ings. Lease rates are expected to remain stable for some time. Savings bond interest rate gets a big boost Effective Aug. 1, the rate of interest on all outstanding unma- tured series of Canada Savings Bonds (Series 42 to 48 inclusive issued from 1987 to 1993) was increased to 6.5% per annum for the three-month period ending Oct. 31. All other terms of these series remain unchanged. Westel invests $3.4m in expansion Westel Telecommunications Ltd. will invest $3.4 million in modernization and expansion of its Northern BC long-distance net- work. Westel will be a leader in pro- viding, through microwave trans- mission, digital services to commu- nities such as Ft. St. John, Mackenzie, Dawson Creek, and Chetwynd. Digital transmission will give northern residents access to advanced services such as video conferences and high speed data transmission. This new network is intended to provide northern com- munities with a “gateway to the information superhighway.” Over the next three months, existing analog facilities will be upgraded to state-of-the-art digital facilities. Included in the project is the construction of three new microwave towers and upgrading five existing towers to fully digital standards through some of the most rugged terrain in B.C. Westel’s northern digital ser- vices are scheduled to be in service Oci. I. BCIT students offer computer expertise Computer students from the B.C. Institute of Technology are looking for businesses, industries and individuats for whom they can develop computer projects. The client supplies the hardware and the technical challenge; the students provide the know-how. Previous undertakings include a system for Canada Customs to track seized goods, an improved talking keyboard for the disabled and a graphical simulation of a high-voltage circuit breaker for B.C. Hydro. Completed over four to eight months part-time, projects typically begin in September and January, but are accepted any time subject to department evaluation. Once approved, projects are chosen by students, who usually work in teams of four supervised by BCIT faculty. Clients pay a one-time $200 fee toward administration costs. For more information, call the student projects coordinator at 432- 8298. CMA honors Smith, elects members Professor Michael Smith, of Vancouver, has been selected by the Board of Directors of the Canadian Medical Association to receive the CMA Medal of Honor for 1994, He will become the 11th recipient of the award, which wili be presented to him at a ceremony at the University of Montreal on Aug. 17. Smith is generally recognized as the father of site-directed mutagen- esis, and in 1993 he was named the 1993 Nobel laureate for chemistry. In other CMA news, seven B.C. Jump Siart to an Outstanding Career in Accounting! Accounting Assistant Program Develop your knowledge and the skills required to enter the professional warld of accounting. The Accounting Assistant Program introduces you to manual and computer accounting systems in addition to other computer applications and general office procedures. As a graduate of this program you: ¢ are job ready for a varicty of positions in an accounting department or firm « have the necessary skills to start your o:wn small business « can ladder into the Business Administration program and continue your studies towards a more advanced career in accounting while working as an accounting assistant Information meetings are held weekly, Tuesday mornings at 11:00 a.m. or join us the evening of August 17 at 7 p.m. in Room 210 of the Fir 2055 Purcell Way North Vancouver British Columuia Canada V7J3 3H5 the first step. Building to leam more about how you can take Telephone 983-7594 for details. physicians have been clected to Senior Membership. They are: David Bolton of Burnaby; Pierre Francois D’Estrube of Victoria; Frances Mary Forrest-Richards of Vancouver; Robert Morris Heffelfinger of Port Coquitlam; J. William Ibbott of Vancouver; Alexander Mandeville of Penticton; and Ronald McAdam of Vancouver. Government increases student loan limits The federal government is reforming the federal student assis- tance program by increasing limits for Canada student loans. The full-time weekly loan limit will rise from $105 to $165, an increase of 57%, and the ceiling on part-time loans will rise from $2,500 to $4,000. 9.02% B.c. GOVT. BONDS... Govt, Shor Tern rakes rates 4 YEAR TYEAR ‘tae [ger [Sr | 8.75% SYTAR col BAWID GLAIR « 344.5709 - We otter NO-FEE-RASP STARK 500 - 1066 West Hastings, Street, Vancouver, Gitish Colurnbia VIE 5X1 KIRSTIE MACTISE “Over Thirty Years Combined Experience" Authors of DOMESTIC CONTRACTS A Book on Matriage and Separation Agreements. @ CUSTODY & MAINTENANCE & PROPERTY & MEDIATION 1412 - 925 W. GEORGIA ST., VAN., BC. (CATHEDRAL PLACE) PHONE 662-4999 Don't be fooled by high bond F and mortgage yields. fs *Contact jim Perkins and JiM PERKINS VICE PRESIDENT diversify your porttolio - ORTUNE FUNANCTARL 6871-1300 #1750-1075 W Georgia St, Luncheon in honor of His Royal Highness The Duke of Edinburgh Thursday, August 18, 1994 | Vancouver Trade and Convention Centre THE VANCOUVER BOARD OF TRADE Exhibition Hall A Tickets: $50 plus GST tables of 10, $600, plus GST. | For reservations, call The Vance .ster Beard of Trade j at og] i253, Event #523 §