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By LEO QUIGLEY.
Written for United Press

It’s a cliche to. say
Canadians are reluctant to
invest in their own country.

Why this-has become a
national trait is open to
discussion. The popular
-theory is that Canadians are
prudent, financially cautious
people with roots deeply.
embedded in .
Presbyterian ethics of the
Hudson Bay. Company and
the Scotsmen who ‘kept our
early ledgers.

J oh
This, too, “is almost a
cliche. _ -
But the fact. that

Canadians invested‘ a mere
$400 million into equity
financing in 1977 while.

gambling twice that amount |

- $800 million - in lotteries

proves that the cliche is a”
‘neither

myth: we are
prudent nor cautious.

We simply have little faith
in the future of Canada.

This syndrome __ isn’t
peculiar to private citizens.
It pervades the board rooms
of industry - including the
board rooms of one of our
largest industries, the grain
trade.

Whether Canada’s grain
co- operatives and cor-
porations are more seriously
affected by the syndrome
than other industries is a
moot point.

It is, however, refreshing ‘-
if not startling - to see a
company undertake a major
construction project without
government involvement.

But that is exactly what

Investing in | own. ‘country

the.

Grain Co. Ltd., has. done i in

constructing a new grain
export terminal at .

more thana decade._ -

When it comes on stream
in early. October it will in-
crease Canada’s grain ex-

porting capacity at the west
-cpast by 20 percent and will
be capable of handling grain
as fast, as. existing. facilities

twice the size.

The $40 million terminal
has been built on the site of
the ill-fated Burrard Ter-
minal which exploded Oct.

.3, 1975, spurring Ottawa to

put more stringent dust and
pollution control.regulations

in place for the industry.
Bruce MacMillan,
president of Pioneer: rain

a subsidiary... of James
Richardson & Sons Litd.,

says everything possible has
been done to supress dust in.

the new. terminal, including |

putting the pelleting plant
outside the terminal and
installing. two high-speed
loaders with superior dust
control.

The loaders are the first of
their type in Canada and are
capable of moving 100,000
bushels an hour into waiting
vessels, Swivelling over the

_deck and moving alongside

the ship on
loaders can

tracks, the
reach holds

without-having repeatedly to--

move the ship beneath a
stationary grain spout.

This gives Pioneer the
ability to move ships in and

out quickly, cutting down on

waiting time and reducing
costs for ship owerns.

Van- .
‘couver - the first new_export.
terminal on the west coast in |

programs

- struction of-a facility we felt

“ corporated Gn the. new
Vancouver ~ terminal, the
unique aspect : ‘remains ‘the |

company’s decision to invest -
$40 million into the ‘industry.

“We dia proceed without
any government assistance
whatsover,’’ |
MacMilland said. “....We -
decided to bite the bullet
and “go ahead with .con-

Was

‘needed “in. western
Canada forthe future.” ~;

: Construction of. the ter-
“minal i is only part of a long-

_term corporate plan for:

Pioneer Grain. Later this
month: the company —will
announce construction of
two new grain elevators in
+ Saskatchewan.

There are indications that.
overseas selling efforts, for

oilseeds, feed grains and
‘specialty crops will also: be
beefed up, especially at the
company’s Hong Kong and
Tokyo offic ices:

As Canada’s.
privately-owned grain
company - and one of the
few left in western Canada -

Pioneer has shown surprising

ism with. a major
commitment: .to. the -in-
dustry’s future. ”

largest |

Fithe: “ene: company.’ ‘has -
learned: to. live ..with. the.

Canadian syndrome or. it: has

' seen.an: ‘opportunity to move:

aggressively | while:

_surrounded by government.
indecision | and. bureaucratic

STANDING IN FRONT of Denver-based Frontier
Alrtines “Penny Box,’ C.L. (Chuck) Demoney (left), . .
vice-president of et planning, Frontier Afrlines, .

assisted by Frontier's newly-appointed Vancouver .

manager Debbie LaFrenlere, presents a $4004.52 sa

to: ep Deana telah eye barker—-Vancow Back

But despite the technology
and efficiencies in-

Winnipeg-based Pioneer.

wt ik Mea. 4, aah etacaen be Sm hha = atten

c hn general manager, 8.C. Lions ‘Football Club.
The Variety Club has allocated the $4004.52 to the new
Children’s Hospital now under construction in Van-

Work is on schedule at the
British Columbia Railway's
new facilities located in its

include not only the main
buildings but also all related
facilities and site preparation

couver,

contract for the supply and
erection of steel for the car
shop.

OF FICE PERSONNEL

INSTRUCTOR - +4
MEDICAL OFFICE ASSISTANT PROGRA

DUTIES: To teach one section of “Health Care and
Clinical Procedures” —.

QUALIFICATIONS:

Registered Nurse and
Qualified to teach the St.

: , . . . John Ambulance First Aid
industrial park at Prince which includes grading, Course
George. trackage POWSF *° Viking Construction of APPOINTMENT: Temporary

The complex, which will
include a car repair shop,
stores complex and new yard
office, is scheduled for
completion in the second
quarter of next year.

Total cost of the ex-
pansion program is set at
$6,000,000 with the car shop
budgeted at $3,647,000, the
stores complex at $911,000
and the yard office at
$1,486,000. These figures

’

‘To date four companies
have been awarded project
contracts.

Star Equipment of Prince
George is already at work
clearing, grading and_in-
stalling culverts, manholes
and catch basin for the car
shop.

X-L Iron Works Ltd: of
Surrey has been awarded the

Prince George will build the
car shop foundations and the
contract for yard office
construction went to R.J.
Cooper Construction Ltd. of
Prince George.

Plans and specifications
were expected to be ready
for tender calls for the stores
building and for a water
system extension by July
20th, and for the car shop
general contract by August
7th.

Maureen Stirling, Sylvia Gawans
PERMANENT-- TEMPORARY
da OFFICE:
ASSISTANCE
for Key Personne!

107-140 W. 15 Street,
North Vancouver

984-0251

SALARY:

Term: September 1979
to

31 Oecember 1979

Faculty Scale

APPLICATIONS IN WRITING TQ;

Dr. G.F. Lee
Acting Dean
Career/Vocational
ams

Capilano College
2055 Purcell Way
North Vancouver, 8.C.
V7JU 3HS5

Progr-

CLOSING DATE: 3 JULY 1979