Bennet fails to scare CPI

The confusing takeover
_ bid of MacMillan Bloedel
‘became. even. cloudier
Monday when the chairman
_ and chief executive officer
of Canadian Pacific In-
vestments Ltd. announced
that CPI has’not withdrawn
their offer, but neither will
- they mail out bids.

Ian Sinclair said CPI ‘is
offering $28 a share and said

-

Teachers
war’ in Vancouver

Vancouver teachers ° say
they will engage in “war” if
their job security " is
* threatened by the new Non-
Partisan Association -
iominated school board.

The board proposed a $2.6
“million cut from the $120
million budget as well as
lower classroom = tem-
peratures and said it may
consider increasing the
student-teacher ratio.

Al Crawford, president of
tthe Vancouver Elementary
School Teachers’
Association said the teachers
were considering everything
from strikes to going door to
door explaining their
position.

shareholders would have the

option of trading their stock.

for CPI. convertible

preferred shares —‘on a one

to one basis.

CPI's plans were originally
thwarted by Premier Bill
Bennett in Vancouver last

week -when Bennett-. an-

nounced his opposition to

the takeover by outside of

province interests.
‘declare

But the newly-proclaimed
amendment to the Essential
Services Disputes Act calls
into question the right of
school employees to strike.

Other possible actions the
teachers may take include
withholding extracurricular
services such as sports and
ceasing to offer after-school
help to students.

However,
chairman Nathan Divinsky

said the problems could be:
- resolved without con-

frontation.

He says the board does not .

want to do anything which
will harm the quality of
education and said positions
which will be eliminated will
be done so because of
declining enrolment.

$5 a gallon for gas
Brits under
seige by strikers

Briton’s were on the verge
of panic this week, fighting
over food supplies and
paying up to $5 for a gallon
of gasoline as strikes by
more than 4,500 truck and
oi! delivery drivers hit the
country.

Housewives cleared the
store of frozen vegetables
and canned goods in an

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attempt to hoard food

supplies.

Troops may be brought in
to transport vital supplies
and restrict gasoline to
essential users.

The British Medical
Association warned that
emergency services would
be at risk if the strike
continues.

. have further |

school board

EEESESI Ee.

But Sinclair said he’will be
returning to B.C. soon to
talks with
Bennett.

“CPI is a Canadian
company and if it cannot be
accepted in all parts of the
country then we haven't got

-a country,” Sinclair said.

Meanwhile rumours still
abound, despite denials by
Bennett, that the B.C.

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- “OLO1019A

government is
templating
MacMillan Bloedel at $30 a
share.

con-

Bennett has said, “I am
not a Socialist,”

proached with the rumour.

Fitness.

It gives much more -
than it takes.

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Page 11, January 10, 1979 - North Shore News

Vander Zalm
sues over cartoon’

%. cA a ‘
' VANDER ZALM . ©

- not amused.

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Municipal Affairs Minister
Bill Vander Zalm was in

'- court this week suing The

Victoria Times for libel over
an editorial cartoon.

Vander Zalm complains
the cartoon which depicts |,
him pulling the wings off of °

# . flies defames his character
‘while the paper says the

cartoon was fair comment
on his performance while
Minister of Human
Resources.

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