rcino
raps Ree

for ICBC

A NORTH Van City alderman has slammed MLA
Angus Ree Monday for publicly advocating a
private sector take-over of the Insurance Corpora-
tion of British Columbia (ICBC).

ADRIAN CHAMBERLAI

Ald. Frank Marcino hit
Ree (North Vancouver-
Capilano) for a recent letter
to the North Shore News that
was very supportive of hav-
ing ICBC taken over by
private business.

‘‘It worries me when the
MLA for this city 1s ad-
vocating private insurance in
heu of ICBC,”” said Marcino
at the council meeting.

‘“‘We have established in
our city a very viable industry
that employs 1,200 people
and ts one of the kingpins in
the Lonsdale Quay
development

Marcino, addressing his
remarks to Ree in the gallery,
added that IC BC keeps its
funds within the province,
and also provides insurance
for isolated Communities that
formerly had to look beyond
B.C for at

Ree, now chaiman of a
provincial committee 7
AaMINIng ChOWR COFPOralons
sand he wrote the letter to the
News in response to an LC BC
ad that had appeared yn the
paper The ad imphed that
ICBO was) more cfficient
than the private sector, and
that tC BC insurance
premiums are cheaper than
those of the private sector

would be, said Ree.

He said he’d like to remove
ICBC from the public sector
because ‘‘it’s no secret, I'ma
supporter of the private
sector.

‘tl believe the private sec-
tor can do things more cheap-
ly and efficiently than the
public sector can,”’ said Ree.

Although he said the
government hasn't yet decid-
ed on any changes to ICBC,
Ree said the committee 1s
“‘loqking at having ICBC
maintain bodily injury liabili-
ty imsurance only, and
possibly the property damage
hability side and collision in-
surance going to the private
sector”

Ree said about 40 to $0 per
cent of LOBO's reserves are
not invested “outside = of
B.C °° He added that if in-
surance was Offered solely by
the private sector, the jobs
would ‘still be here.”’

Ree said that 1C BC did
“pick up the slack’’ on the
msurance necds of people in
the interior and lower
maimland, but added ‘tt the
inapketas there, the (private)
insurance (Companies) will be
there 7"

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A9 - Wednesday, January

NEWS. photo Eric Eggertson

t, is a study in both motion and patience. Gordie Girard provided both while fishing
for steelhead in the Seymour River this week.

| It’s
Opportunity Time

Again!
f Up to 50% OFF!

starting JANUAary 18th

Park Koyal, Oakridge
Guildford and
Lansdowne Stores

The articles on sale represent a clearance of odd pieces

many one of a
hind some slightly imperfect of shopworn) Sorry

Please shop carty!

Wed... Thurs., Fri. & Sat.
Jan. 18, 19. 20 and 21

@ Gold Jewellery
e@ Watches @e Handbags e China
@ Men’s, Ladies’ Gifts @e Glassware
@ Silverware @ Fashion Jewellery

Sorry atl Sates Flioal
@ Me Detivery @ Mo Tachangen @ No Nehunds
@Mme cob

s @ Neo Blue Boacs @ No Phone Orders

THE FAMOUS BIRKS .
>» ANNUAL

PLUM

SALE

bul we cant accept phone
orders of C OD 8 and we cant give you Birks bluc boxes All sales are final

18, 1984 - North Shore News

Pool aid
request
to staff

THE DETERIORATING
Mahon swimming pool in
North Vancouver may gel a
tace lift.

North Van City voted
Monday to have a_ local
man's offer (to renovate the
pool referred to a citv policy
committee

A letter from Terry Grim-
wood said he would like to
lease the Mahon pool for 20
years ‘‘with the intention of
renovating the facility for
public use."’

Grimwood said in his letter
that, as managing director of
the Court House West, he
organized the renovation of
the Capilano Winter Club
pool in 1979.

Sale Ends Saturday. Jan.21st

BIRKS,