Your Number One

| Suburban Newspaper

March 23, 1986 News 985-2131

DAYS LIMITED FOR B.C.

A REAL ESTATE

dominiums on

AND VW

ae

Classified 986-6222

developer wishing to

EST

Vv

+

&

Da

build = con-
the site of West Vancouver's Panorama
Studios says he’s prepared to replace the studio with a ‘‘new
and better’’ movie facility in Burnaby or Richmond.

—

Circulation 986-1337 48 pages 25¢

Michael

Audain,

presides

NEWS photo Tom Bu

vt

they

FIGHT-YEAR-OLD David Patmer had a stroke of luck. Not oaty is he enjoying his canoeing lessons but
his instructor, Karen Palmasoa, seems to like them too. Both were part of a canoeing class for the disabled,
held recently af Ran Andrews Poot in North Vancouver,

abe

Polygon Properties. made the an-
houncement this week after his
company re-acquired its option to
buy Panorama, the only -sound
stage in B.C.

“We're prepared to be totally
involved Gin the film industry)
because we sce it as a4 good
business proapasition.”’  Audain
said.

‘S ONLY SOUND STAGE

“We can't sell our houses and
lease the offices and shops we
build. unless there’s a strong
economy.

“We're very concerned with
post-Expo and what the economy
is going to be like in 1987, so in
that connection I think a new,

See Sound
Page 3

Reactions mixed
on B.C. budget

IT §S a business as usual
budget, or a non-budget —
depending on who you
speak to.

By TIMOTHY RENSHAW
Reporter

Commenting on Thursday's
provincial budget announced by
Finance Minister Hugh Curtis,
North Vancouver-Seymour MLA
Jack Davis said Friday he did not
fike to see the province continue
with a deficit, ‘hut at least we are
cutting taxes, in contrast to the
federal government.””

Davis pointed to the gov-
ernment’s continued reduction ot
industry property taxes, from
levels three times those of residen-
tial property Gases, as one of the
budger’s highlights.

But David) Schreck, of — the
NDP's North Vancouver-Seymour
ciding, said “Fram what (ve seen
so far, this is not a budget at all]
think all the government has done
is presented a set of numbers that
shows nothing being eliminated
and nothing changed, which leads
me te believe the deficit situation is
far worse than the government is
indicating.”"

West Vancouver-Howe Sound
MLA John Reynolds said the
budvet was ane of the best he had
seen for a tong time, reflecting
“our accelerating yvconomic
renew

The $9.6 million budget outlines
a projected deficit of $875 million
over the coming fiscal year, which
is down by $73 million from the
expected deficit for the year ending
March 31.

In other budget highlights, Cur-
tis announced there will be no tax
increases for anyone, and
businesses will enjoy new tax cuts
and incentive programs.

Taxes on fuel will be held at the
current level until the end of
March, 1987.

NORTH VANCOUVER-Seymour
MLA Jack Davis...‘'ad least we're
cutting taxes, in contrast to the
federal vovernment.”

A total $1.3 billion will be made
available in) three government
funds over the next three years:
$600 million in the recently an-

See Provincial