AA - Wednesday, June 16, 1982 - North Shore News the world outside... TORONTO - The Canadian dollar — never in its history worth so little in American dollars — will drop in value to 75 U.S. cents by the end of the summer, economists say, and the drop will help some parts of the economy. The dollar kept sliding in value against the U.S. currency Monday, dipping below 79 cents for the first (me ever in early trading and closing at 78.55 cents, just .01 cents above its lowest Dire prediction for dollar point for the day. The U.S. dollar soared to new highs against the French franc and Italian lira and made more modest advances on other markets following a weekend realignment within the European monetary system. “The federal govern- ment should go out and peg the dollar at 75 cents and get it over with,” said Toronto economist Stephen Harvey. “But knowing the helmsmen, the hkelihood is they won't. Counting the Falklands cost LONDON - The death and human suffering may be over, but the count is just beginning on the cost of the Falklands war — a $3 billion test of wills that wreaked havoc on economic. planners in both countnes. The 10 weeks of fighting wiped out nearly half of Argentina’s considerable air force, but also sent four modern warships of Britain's Royal Navy fleet to the bottom of the South Atlantc. The $3 billion cost of the war was primarily in bombed war ships and downed jet fighters, while the death benefits paid to families of soldiers killed in action will be less than 1 per cent of the total, analysts said. The unofficial Bntush death toll of 201 before Monday's final battle will cost the treasury $4.05 million in death benefits. Argentine deaths have been estimated as high as 700. Day in court delayed MONTREAL A court test of Quebec's language law tlaunched by) two school boards and seven parents was postponed by a Quebec Supenor Court Justice Chief Justice Jules Deschenes postponed the heanngs Monday until Aug 9 A lawyer for the parents said the cour hoped to render a judgment before the start of the neat school year Phe school boards and parents wished to have the courts decide tf Canada's Charter of Rights and Freedoms takes precedence over Quebec's French Language Charter so they can have their children enrolled in English schools The language charter says children of parents who did not receive ponmary ceducaton tn t-nglish in Quebeo arc not clhgible to attend fenglish s¢ hools Quebec eyeing Gulf Canada QUE BEC Ihe Quebed government may follow Ontario s lead ond pur hase omterest oon mayor ob Corporation possibly Cralt ( anads Eneegy Mainaister Yoes Loubhaime saul Ducsduary What WS gem fave COntaAnte Premicet Hill Doasas criagetit tee very peered for ux ax well (Ouhaine sand Wructes Premict Kene Levesque said Cralf Canada Tenace and Clite amar have all ag prroac te Jd the CDrsc toe. Mrs Ce teaticuel atecoud ac Quiriny a pPrrssttede interest Speahkhiug be the Nathonal Asse robty on reports Ouchber was considering buying a 40 por cent share in’ Grulf Canada vs provincial trookcdaanges Poubiatene sand other Keverninents had led the way “The Ontar poser ment pust acquiucd 2% per cent of Samoan Petro Canada has been created and | dont Chink we do dao wedlioomiss the tram © he saad achdiag oC would alse better prepare Cuchbes for ime pe mdecaunc Management, union, issue joint statement FROM PAGE A3 It was agreed that while a new contract is being negotiated, the old one prior to Canic’s intervention with the staff, is still in effect. Loss of wages incurred as a result of the pay cuts were expected to be fully reim- bursed on employees’ pay cheques going out yesterday. Two mechanics laid off out of seniority - Brian Stevens and Wayne Miller - have been reinstated and had their loss of wages during the layoff period paid. An apprentice bodyman who was laid off without notice - Anthony Millikin - is to receive 36 hours’ pay. Part of the statement read: “During his time as general manager, Mike Canic had a number of discussions with employees and wrote em- ployees a letter concerning terms and conditions of employment. “Further to those discussions it is the opinion of the employer and the union that some of these activities were contrary to the spirit or the provisions of the B.C. Labor Code which require employers’ to recognize and negotiate exclusively with a certified union bargaining agent. “The employer disassociates itself from any activiues which contravene the labor code.” LGH wants less costly meetings WAYS TO CUT the cost of Lions Gate Hospital's annual mecting by allowing pre- registered hospital society members to vote in advance are being examined by the board of directors. The meeting is set this year for September 1. Due to the abortion controversy the hospital has in past years made plans to accommodate large numbers in the North Vancouver Recreation Centre complex. Last year the event cost close to $70,000 to stage, including staff costs, rental of the centre, and the video system which linked several rooms at the centre with the main ice arena. Some 3,500were eligible to renew their memberships. In fact, only 1,500 actually attended. This year the board's bylaws committee and the hospital solicitor are cxamining the possibility of closing sominations for the four directorships some time before the mecting instead of allowing nominations from the floor They are also cxamining the possibility of placing ballot boxes in the hospital prior to the mecting. or allowing pecopic to vote on the night without having to wait until the nominces have spoken “We have to recognize that most people are not interested tn playing a part in running the hospital. their FRESH HALIBUT Direct trom Fisherman! i ws a Government Whart Horseshoe Bay $2.°° Ib. June 19-20 Also some Cod & Saimon § main interest is in_ the abortion issue,”’ said chairman Ken Bruce. “If they don't want to attend the meeting, why should we bear the cost? Why not look at the possiblity of advance voting. It is‘a board decision when to close the nominations so we should begin looking at all the options right now.” 449 Haurndlson Street Quality Fure Since 1931 A Sunshine Girl for Dad Marvellous Mermaid made of Marzipan $3.95 Oscarsson's Park Royal S. 922-1711 288 Pemberton Ave. N. Van. 980-7031 The Keg Experience BREAK LOOSE! ““HAWAIrP’ Featuring - Hawaiian Night In case you're wondering, we've been whacky for years! Throughout June, join us for “‘our"’ version of a trip to HAWAII! Quench your thirst with tropical drinks, while tantalizing your taste buds with Mahi- Mahi, Pu-pu’s and fresh fruit. You can count on the staff to be dressed up, so wear your favorite aloha shirt or grass skirt and you could win a prize. For a good time, ‘‘Keg”’ style, don't miss this one! More than ever, Keal Value anda GOOD TIME! Only at the Original Keg 107 W. Esplanade - 985-2812 Telephone 681 6391 of 681 6840