Winnipeg Free Press

Wednesday, April 20, 1994

Issue date: Wednesday, April 20, 1994
Pages available: 85
Previous edition: Tuesday, April 19, 1994

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  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 85
  • Years available: 1872 - 2025
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OCR Text

Winnipeg Free Press (Newspaper) - April 20, 1994, Winnipeg, Manitoba A10 Winnipeg free april on third of borrowers unhappy with Bank maps draft says byword Mclntosh Canadian press Ottawa Banks Are making it tougher for Small business to borrow at a time when the Economy badly needs seed Mon says a draft report prepared for for the last three maps on the commons Industry committee have heard one horror Story after another from Smalto medium sized Busi Ness about difficulties obtaining Bank financing or keeping maps heard that Short notice changes in credit conditions left businesses scrambling to rearrange financial others complained that whole sectors Are be ing Cut adrift from the Bank financing system during Tough a prepared by staff of the Al party com Bank conduct code to protect Small b5 says these complaints have made it Concrete and visible that a third of Bank customers Are dissatisfied with their financial inst the report has been submitted to committee members for approval in closed session later this if the report would lend Cre Dence to a key election Promise by the liberals to deliver expansion capital to Small and medium sized the obtained yesterday by the Ca Nadian Points to a 28 per cent decline in outstanding Loans under from Early 1990 to late 1991 As a sign that the Small business com plaints could be this is suggesting to the committee that Banks might be changing their concept of what constitutes an acceptable part of the decline can be attributed to recession and the resulting reduction in loan the report what is is the fact that this contraction is concentrated at the smallest of loan More witnesses Are Tell ing us that even with the fragile recovery under Banks Are still tightening credit to Small businesses and virtually abandoning lending to certain should Banks be trying to become no risk lenders instead of Lowrick lenders As witnesses charged before the Small and medium sized business could face a Long term credit the report in testimony yesterday before the Helen president of the Canadian Bank ers denied that Small Independent business is being put through a credit crunch by her time for a me Spring cleaning to Aid in Spring Road the City will be placing temporary no parking signs on designated if you Park near one of these signs during the times indicated on your vehicle will be ticketed and towed at your dont like to but its the Only Way to clean our City streets efficiently and Cost so watch for the temporary no parking signs and read the times the Only thing we want to clean off the Street is Street work City of Winnipeg operations department a mid season too starts today off ladies selected Spring fashions from your Favourite designers our 1iffiiliir Sili Ilijin mar Nuy by till brands Rumril in All 40 off level or venetians pleated shades special on our sheers off selected drapery fabrics choose from a Large selection 30 off custom made bedspreads for shop at Home service please Call 7832112 2746 Sale ends april special buy lad Dusit Fiatt knit your rat h lits Urt to shop Lormi Mill i i Ivi financing divides government Bydo Langford free press correspondent the Pas Manitoba chiefs and government officials Are worlds apart Over the Cost of dismantling the Indian affairs department and implement ing Assembly of Manitoba chiefs head Phil Fontaine on the first Day of a special con Ference in the Pas Fon Taine told chiefs from across the province How negotiations Between the am and government officials screeched to a halt last week when the Issue of financing came while an am proposal to dismantle Indian affairs in Manitoba Esti mated the groundwork would Cost Fontaine said acne got gators were outraged when department officials said they could Only commit but negotiations resumed after a hastily called meeting in Ottawa the next Day with Federal Indian affairs minister Ron who promised not to Nickel and dime the Initia Fontaine we go through any pro Cess that underfunded because that would be Fontaine for the next two Manitoba chiefs will continue their discus Sions on dismantling Indian affairs a process defined in an am Dis Cussion paper by former Indian affairs Deputy minister Don the discussion which Fon Taine has called a guiding lays out a series of six Steps through which the department of Indian affairs in Manitoba would be dismantled and aboriginal self government it has yet to be ratified by the As Sembly at during the first three Steps whose Cost was thrown into question last week first nations would study programs and services now administered by Indian Analyse ways to make them More a and then determine what legislative and administrative arrangements were the latter stages of the dismantling process whose Cost is Esti mated in the discussion paper to be in the tens of millions of dollars would see first nations designing the appropriate government Struc planning an implementation strategy and transferring Juristic in a letter to Fontaine april Irwin expressed Strong support for the discussion it will clearly serve As the basis for our discussions and preparation of an agreed upon work he but Irwin also noted that financing remained a key Issue in need of and that fiscal Reali ties facing the government of Canada would require negotiators to creatively examine less costly ways to undertake this your bitter Prici Advant Aoi Wego to any Width to All new balance athletic shoes come in multiple just like new balance a More intelligent approach to building mk807ruooed walking mk560 casual walking cxt775 Cross court w66q Runnin wk740 walking Stock promptly by special order certain mens models available to size 16 women to size 13 Canadian footwear 128 Adelaide at William 9436429 fur storage Jack Neaman furs no matter where you purchased your fur coat or whore you stored it last year gome and talk to Call Tor free Pink of by our bonded Drivers i and let our profess its j take Gars of visit showroom n 7th w Market Avenue beside and see ;