BUSINESS BRIEFS

Compiled by Kate Zimmerman

North Shore business groups ent! individu-
als wishizg to sudmit items to Business
Briefs can fax thens (0 the attention of Kate
Zimmerman at 985-2104, ‘

North Shore broker elected
to association executive

NORTH SHORE insurance broker
Donna Saxelby has been elected to
the Insurance Brokers Association of
the British Columbia executive fora
one-year term. Saxelby, of Defieux,
Saxelby Insurance Services Inc. is

. one of 21 area directors from across:

“the province elected at a recent annu-
al insurance brokers convention in
Richmond. Saxelby represents the
North Shore region and is also a
: Director-at-Large.

House of Commons to
review role ef CBC

7 Canadian Heritage Minister Michel
Dupuy recently announced that the

House: of. Commons Standing ©

Committee on Canadian Heritage

will be asked to carry out a public
review aimed at forging a new con-
sensus about the role of the CBC in
the new multichannel universe.

This follows announcements ear-
lier this year regarding the CBC,
namely the appointment of a new

' president, the government's agree-

ment not to impose new cuts on the
CBC over the next five years, and to
reprofile the budget cuts announced
in April 1993

At that time, in order to provide
the corporation with business-like
flexibility, the government also
agreed to grant the CBC the power to
borrow up to $25 million under spec-
ified circumstances. —

The standing committee will be
asked to examine the impact of
advertising as a means of funding the
CBC, und explore the feasibility of
introducing alternative revenue-gen-
erating mechanisms in order to pro-
vide further financial stability for the
corporation.

‘By asking the committee to hold
a public review, beginning in the fall,
the government is initiating an open
public discussion on one ef Canada’s
most effective instruments for the

protection and reinforcement of our
cultural sovereignty. The committee
will be asked to report to the govern-
ment by the end of November 1994.

Business Births

West Vancouver: Decorating Den:
interior decorating franchise;
Stephane de Raucourt: Shoes;
Wendy Hair Design: beauty salon;
Jorgensen, F. Construction Ltd.: con-
tractor — building; Pressburg Global
Craft: retail trader; New General
Store: retail trader; Dr. Bryce Kelpin:
physician.
North Vancouver: Sangster’s
Health Centres: natural foods, vita-
mins, cosmetics; Gallie Remode-ling
and Renovations: hame occupation
and use-building - contractor;
Sandwood: home occupation use-
build':g contractor; Westem Garage
Door Services: Contractor-doors.
North Vancouver District:
Apricot Fashions: retail men and
ladies silk fashions;.Colwood
Contracting Ltd.: electrical contract-
ing; Cordell B. Rolfson Systems
Consultants: Systems Consulting;
Designs Ey Marilyn: floral designs. —

7 Beware some: solicitors and advertisers

"ADS ARE again being sold for the
“B.C. Law Firms Directory.” The.
Canadian: Bar Association has
_ advised that'this is not the official
B.C. legal directory; “B.C. Lawyers
: Telephone, - Fax. ‘and Services
Directory." ve

. The
" Association of B.C. has asked BBB. :
‘to inform members that it is not
sponsoring a “Nurses’ Planner”. and
: does not: engage in or endorse this
‘type of fundraising. Telephone

solicitors are claiming that proceeds :

Registered - ° Nurses’ :

will go to “everything from helping
build a new hospital to helping sick
children.” Not as far as RNABC
knows. ;

Recent bankruptcy has not
slowed down the folks from
Distinctive Advertising who are
now ‘peddling so-called “unclaimed
gifts” to’ chosen victims for’

“expenses” using a company name
with an international flavor. Only

last week a BBB reader was asked
to send: $1,605.so they could ship a

‘vehicle he had “won.” When the

SUPPLIED BY THE

KEI LE SPRINGFIELD

COMPANY

cautious reader advised that he
would require confirmation in writ-
ing and would only deal through a
solicitor, ‘in trust’, the caller hung
up. End of offer.

Asa regular reader of BBB .

Scam Alerts, we’re sure you won’t
get caught on an envelope stuffing
scheme, but are you sure your fami-
ly and friends have been “innocu-
lated?” The Bureau knows of no
envelope stuffing scheme that ever
produced income as alleged. Spread
the word,

Sunday, May 29, 1994 - North Shore News - 29

Local broker joins executive Affordable housing
project officially opens

BURRARDVIEW HOUSING Co-
Operative, a 50-unit family project
was officially open recently with
federal government help. The
Honourable David Anderson,
Minister of National Revenue and
MP for Victoria attended the cere-

mony and made presentations from _

the federal government on behalf of
David Dingwall, minister responsi-
ble for Canada Mortgage and
Housing Corp. (CMHC).

“These units provide affordable:

accommodation for 50 families liv-
ing in North Vancouver, and repre-
sent a community-oriented project
where children can have a decent,
clean, healthy environment to grow
up in. The members of this project
are to be congratulated for their hard
work and dedication,” said Mr.
Anderson.

The project, funded under the
1991 Federal Co-operative Housing

Program, consists of eight one-bed-
room units, 26 two-bedroom units,
12 three-bedroom units and four
four-bedroom units. Twenty-five of
these units are eligible for rent subsi-
dies, which ensures that the residents
ase ‘not paying more than 30% of
their income on housing. ., .

Winder the Federal Co-operative
Housing Program, deiivered through
CMHC, the Burrardview Housing
Co-operative will finance:100% of
the capital costs through a CMHC-
insured Index-Linked Mortgage
(ILM). ;
The federal government, through
CMHC, is also providing a subsidy
of approximately $127,462 for the
first year and will continue to pro-
vide annual assistance throughout
the 30-year mortgage. :

Additional subsidy assistance will
also be. provided for the 25 units.
under the Rent Supplement Program.

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