peat yaks - STO £§ exeune! SPE agatt _Canadian Pacific In- vestments President Ian Sinclair has said he backed off in his bid to take over MacMillan Bloedel simply because of opposition by , Premier Bennett. Meanwhile, Bennett has been trying to calm the fears of IW A deader Jack Munroe, who says B.C.’s reforestation program is. among the worst in the. world, by making promises of improvements. Sinclair commented this - week to CPI shareholders: “Once a premier asks you to PI backs down to Premier faces new forestry hassle do something and says, ‘it's not acceptable to my government’ 1 think any company today has to. pay heed to that kind of situation.” However, opposition leader Dave Barrett has _ called Bennett’s opposition to the takeover “a sham” and has disclosed that since 1976 the Socred government has allowed the sale of 63 B.C. companies to interests outside Canada. ‘“*Premier Bennett deliberately went out and PetroCan announces tanker scheme A project ” planned “by PetroCanada would bring _ northern Arctic natural gas to eastern Canada but has Inuits worried about further ’ threats to their. lifestyles. PetroCan has filed an application in Ottawa to transport liquified_ natural gas via three enormous ice- breaking tankers - Melville Island in the Arctic. ‘The .$1.5 billion. project would be handled by a consortium of Canada’s three largest shipping companies - PetroCan, in partnership with Alberta Gas Truckline and Melville from - Shipping, moving 250 million cubic feet of gas a day. PetroCan wants to ship the gas either to a port near Quebec City or one in New ~ Brunswick or Nova Scotia, _ moving it south to serve the whole of eastern Canada, while existing natural pas piped from Alberta could be _ diverted south for sale to the USS. However, native Inuit feel” that the tankers passing through their traditional grounds is just one more threat to their way of life. Crown land ‘safe from speculation’ ’B.C.’s Lands, Parks and Housing Minister James Chabot has branded criticisms of his plan to sell off Crown land = as “uniformed, misleading and sleazy”. He was replying to comments made by Victoria NDP MLA Charles Barber that Crown land would fall into the hands of developers through the move. Chabot stated that as was | previously the case, land bought) for residential purposes will be on a lease basis for three years before there is an option to buy and inthe can only be issued after a home has been built on it. The three-year leases would only be available to families and Chabot maintained such provisions ensured the land would be safe from speculation. . fo te o4 interfered in the MacBlo Situation simply because all these other activities by the government coming home to haunt him,” he accuses. National NDP leader Ed Broadbent also accuses Bennett of being a Bennett hyprocrite who has never. IAN SINCLAIR - wouldn't defy Bennett * Engagement Rings* Fancy Rings At: Peprean ae C8 TMCNET ICOM ITI. co Diamonds 30% to 40% off * Earrings & Pendants . we produce a tremendous selection of Diamond Jewellery in our own factory Instead of soling to retail stores we sell direct from our factory showroom to you. This way you can ehminate much of the retatl mark up and actually save 30% to 40%. Every dlamond we sell comes complete with a detailed quality analysis, a certificate of service and a 30 day money-back guarantee. Appointments Preferred SPENCE OIAMNONOS LOO. 203 1682 W 7th Ave. Vancouver, ac 734-3912 companies. before shown-concern about. the foreign control of B.C. ; - Also this week, IWA head - Jack Munroe charged that inadequate reforestation has cost the province 17,000 jobs in forestry. Bennett has since said his government will. pour millions of dollars in to replanting forests and building up reserves. Forestry minister Tom Waterman adds that the government will act against forest. Companies who™ use. -their timber quotas by undercutting and expects one or more companies to have their timber allotments . removed within the next couple of months. rctic gas plan has natives worried | ___~ Page 11, January 21, 1979 - Sunday News _ Prince - Rupert to. become. super port Prince Rupert will become the province’s second major port, through a $149 million development allocation by the federal government. Transport Minister Otto Lang flew in Thursday and announced plans for the ‘shipment of ‘wheat, coal and other commodities from the port. When complete, he said, the new super port will handle 120 million bushels of wheat ‘and:-five- million tons of coal annually. Canada is expected to: be. selling 30 million tons of wheat annually by 1985. and much of it will be exported from Prince Rupert ‘via the new “grain terminal to be built there. ‘NOW OR NEVER’ WINTER SALE This is our complete Storewide Semi-Annual PRICES Sale. Shop now as prices will never be lower 1200 Men's & Women’s coats. jackets. Bomber jackets suits. vests to choose trom. Also complete line of accessories. hats. belts handbags, wolf, fox. raccoon fur collars. 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