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B4 - Wednesday, May 18, 1983 - North Shore News

8 business

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NEWS photo Stuart Devie

TUNING IN on any one of more than 90 channels is Glen Difiner, Pesident of G&D
Satellite Video Ltd. The Lynn Valley resident has been involved with the dishes for
more than four years and has come up with a unit priced about $2000. Satellites have
become the controversial alternative to Pay TV in recent months.

One of ‘worlds best’

TORONTO(UPC) - Finance
Minister Marc Lalonde
assured a thousand Canadian
and American financial
analysts Monday that
Canada’s investment climate
is one of the world’s best,
despite the large federal
deficit and the Foreign
Investment Review Agency.
Lalonde made the
assessment in a speech to the

“annual conference of the
Financial Analysts
Federation, which
represents some 15,000

analysts, who among their
duties manage hundreds of
billions of dollars in North
American pension funds

“AH told, | believe
Canada’s investment climate
is as attractive as any to be
found in the industnalhized
world,” Lalonde said

The finance minister said
bis April 19 budget would
fuel the cconomic recovery
and the $31 3 billhon deficit

would be systematically
reduced
An American analyst

asked the minister why the

PROVINCE-WIDE
CLASSIFIED

ONLY

S99

Shore News

986-6222 BCYCNA

Foreign Investment Review

Agency continued to
operate since it approved
virtually all applications

made by foreign companies.

Lalonde’ replicd that
although FIRA approved 92
per cent of the applications
last) year, it was still
mecessary to protect
Canadians from any forcign
investment which

was
against the country’s in-
terests
The budget aimed to

support a recovery which ts
in its carly stages and at the
same time strngthen = the
foundations for longer term
growth, Lalonde said

Appointment Notice

“Clearly, a great deal of
our economic hopes are
riding on a continued in-
ternational upsurge in
economic activity. But we
are not sitting back passively
and waiting for a world
recovery to solve all of
Canada's economic
problems.”

The fiscal pohcy was only
a “starting linc” and “what's
ahead is a long, hard drive
for a durable economic
recovery which no budget
alone can create,” Lalonde
said, adding that all
Canadians must accept
fundamental goals such as
increased productivity

Pipeline OK challen

VANCOUVER (UPC) - A
1980 federal cabinet decision
to allow construction of part
of the Alaska pipeline has
been challenged in the
British Columbia Supreme
Court by New Democrat MP
Ian Waddell as “an arbitrary
abuse of power.” ;

Waddell hopes to prov
the cabinet acted beyond its
powers with its approval of
construction of the Alberta
pre-built section of the pipe-
line only two years after
Parliament passed the
Northern Pipeline Act
setting conditions for its con-
struction.

The act stipulated the
pipeline would carry only
Alaska gas to the West and
Midwest in the United States
and would have to be
financed before construction
began.

But in 1980 a cabinet
order allowed construction
of part of the original pipe-
line route before all
financing for the reute had
been obtained and provided
the Americans with a sub-
Stantial flow of natural gas
from Alberta.

The pipeline now carries
350 billion cubic feet of
natural gas worth at least
$1.8 billion a year to the
American market. The
Alaska pipeline that was to
be the largest privately
financed construction
project in the world has been
postponed indefinitely.

“I am taking (Prime
Minister Pierre) Trudeau
and his cabinet to court to
challenge what I say is an
arbitrary abuse of power
when in 1980 by executive
order they changed fun-
damentally an important act

of Parliament without
parliamentary approval,”
Waddell said.

Waddell, who fought three
years to bring the case to
court, was too late to stop
the pipeline. But he said the
legal challenge “would raise
not only important issues
about Canada's future
energy security but is also a
unique constitutional case
crucial for the scope of
nghts of Parliament ”

The Vancouver politican
said the cabinet “was at-
tempted to change = this
pipeline into a shorter export
pipeline taking Alberta gas
to United States market,”
and thus violated
Parhament's wishes.

Foothills Pipe Lines Lid_,
Pan Alberta Gas Ltd.
Consolidated Natural (Gas

A. Ek. LEPAGE

REA\. ESTATE SERVICES LTD

NORTH VANCOUVER

CHUCK TRAUNWEHISER Manager of A & Lepage Real
Estate Services Lid | ts pleased to announce that MRS

OLGA BURYLO has jomned the staff of thetr
Vancouver Real E state office

North

MRS BURYLO was previously o partner /manager of a
West Vancouver slimming saion as well as the district

manager for North
Cosmetics Corporation

Vancouver of a

world wide

This proficiency will be conveyed to you Qow Mrough

real ostate sales with A [
Ltd a national Company

ff she Gan be of any help to you personaly or
fnends please Call her with COntQence

Resa 926-4229

Lapage Real § state Services

your
985-9544 or

OLGA BURYLO

Ltd. and Progas Ltd. have
joined the cabinet to fight
Waddell’s case before
provincial Supreme Court
Justice Ken Lysyk, who led a
royal commission that laid
the groundwork for the
Northern Pipeline Act.

Lawyers for all parties
were warned by Justice
Lysyk of his previous in-
volvement with the issue but
did not object to him hearing
the case.

Waddell said if he won,
the issue would be returned
to Parliament for debate and

ment

industry

Supervisar - Employment
‘British Columbia Railway
P.O. Box 8770
Vancouver, B.C.

V6B 4X6

MANAGER
SYSTEMS & PROGRAMMING

British Columbia Raitway, a major transportation company
located in North Vancouver with operations throughout the
province has an immediate requirement due to an internal
promotion for an experienced Manager to lead the Systems
and Programming areas of the Data Processing Depart-

BC Rail uses IBM, DEC and HP computers servicing a
diverse clent community with an application portfolio
compnsed of an on-line interactive CICS systems, ad-
dressing the Payroll/Personnel and Accounting areas. A
rail car train movement database system and a computer
waybilling system are currently operational on OEC
computers. HP micro computers are being used fo assist in
the design and construction of new track.

Many of the traditional standards and practices tor ap-
plication development are currently under review as a
result of the introduction of 4th generation software in the

We are looking for a mature candidate with managerial
experience in an application development and maintenance
environment who demonstrates. well developed oral and
written Communicative skills.

A well balanced business and technical ability suppie-
mented with a university degree in business or computer
science is considered essential.

Those interested in applying are required to reply in writing
Stating full qualifications and experience to the attention of:

a parliamentary committee
would likely be set up to
study the effect of the
natural gas exports on
Canada’s energy supply. ,
The New Democrat MP,
who fought in the B.C.
Supreme Court and the
Supreme Court of Canada to
have his argument heard,
said his defense of
Parliament's power “has

been backed by both NDP
and Conservative politicians
who have given me moral
support and donations to
fight the case.”

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