Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 23, 1995, Winnipeg, Manitoba B6 Philip Winnipeg free press business corporate notes Days Over Karnabe Fukson Arthur Chipman 9345311 subject to change May 1995 the business of funding Foj still no shortcuts to Success by Kelly Taylor business reporter r to the Federal business development Bank will help businesses get easier Access to but wont necessarily make starting a company any officials and accountants Federal Industry minister John Manley has tabled legislation that would scrap the Federal business development Bank act and replace it with the business development Bank of Canada among other the Bill removes a Cap on allows the Bank Access to capital markets to raise Money and expands on Loans and programs to Small and knowledge based but chartered accountant Allan Grant said despite the there Are no new shortcuts around Start ing a you borrow from from he you Start you make profits and plow the profits Back into the the cruel reality is that the Way you get things up to entrepreneur Peter partner in corporate finance at accounting firm agreed that Many of the reforms add to of bibs value Norm and Bruce Burton stress that a sound business plan is critical for As a lending alternative to but said its still up to the Wayne free press entrepreneur to get the Ball there is really no one who is going to believe in just a concept and give you of bib officials make no attempt to discredit the there will still be problems Norm regional general we must still be satisfied any financing will be paid the Bank does have some Startup but prospective borrowers must take business education be prepared to put their own Money on the table and have a sound a lot of people come in looking for financing who have no business have no training and Are not interested in Oakley that sends up a red Flag right Miller says that programs of bib has been test driving for roughly half a year fill an important void in financing Small to medium sized still largely ignored by Many commercial changes to Canadas bankruptcy Laws two years limited Banks recoveries from bankrupt Banks to tighten their lending policies to lower their Miller one of bib program that addresses that void is the working capital for growth which supplements financing available from Oakley said the working capital Loans Are limited to and Are aimed at companies showing Strong prospects for another program is the venture Loans which is repaid through a combination of interest and sales area manager Bruce Burton said it operates much like venture but like a business lets entrepreneurs maintain ownership of their royalties Are structured so that if All goes of bib earns an average annual yield at its target which varies from Deal to Deal but starts at 15 per venture Loans also rank or Are to Bank Loans As Banks say that i increases their Comfort As it boosts the owners patient capital financing is another a business form of no no interest for 90 these Loans charge a Roc Bottom interest rate during development when no principal repayment is buy buil it pays to invest in Manitoba builder Bonds series 3 Are a guaranteed investment in Manitoba that will continue to provide a local source of funds to keep your province full guaranteed competitive interest rate adjustable semiannual i available for As Little As five year term reserved exclusively for Manitoban interest payable or compounded for the term Builer available at participating credit Crisses Trust companies or investment dealers throughout or Call toll free 18005650350 Eric Stefanson minister of finance province of Manitoba nobodies team up to find new work Canadian press when Bill Luft lost his Job in Gebru he never counted on los ing his self respect As its not Only Tough being out of its said a machinist who had been making brewing equipment in nearby Guelph until business dried up this it makes you feel like a nobody and that the worst so the father of two joined other unemployed labourers in a new Ven Ture called the cooperative Busi Ness services the brainchild of businessman Mark the organization pools the skills of out work tradesmen so they can find jobs they might not be Able to find on their although they have just begun to bid on Yetman envisions his Crews eventually doing everything from painting to plumbing and House framing to As a All profits will be divided equally among the organizations since the group is not an employ ment there Are no fees or dues to we share the the liabilities and the but right were in the infancy of said new members Are asked to deliver 500 flyers to houses and businesses across the City and Tell potential employers How to Contact its what we want now Are members who Are willing to try and find work As a team As opposed to sending out individual Market watch Hong Kong London 100 Canadian Dollar us cents closed Tor Holiday London us dollars Silver Dow Jones roars Back associated press new York stocks came roaring Back yesterday in a rebound inspired by internal Market forces and Confidence in the legals notice to creditors in the matter of the estate of Leo Patrick late of the City of in All claims against the above duly verified by statutory must be filed with the undersigned at his 156 1483 Pembina win Manitoba r3t on or before june dated at Manitoba this 17th Day of Kenneth William pass solicitor for the administer matrix Canada province de Quebec District de Joliette 70504000443941 Coursume Iuenure be 17 Janvier 1995 present Leonora Lejuge Louis Victor domicile it resident a Stroch de Lachi District de Jok 3ho demander Lisa Marie Domi Ciliege it resident a Une Odresse Inconnu 6 Manitoba dete Deresse it direct eur de Lett District de Quebec g1n2z9 Etle direct eur de la Protection de la Jeunesse do District de base de District de j6e 5p3 Mise cause judgement be Saisi Dune inscription Par Defaut de compare tire pour Enqu Ete Al audition dans Une action in Dechee Ance de i Sutorius parental Vul 1obsence de la defender Esse Vul la preve do demander be tribunal ses Ernst Ablations it rend judgement comme suit pronounce la Dechance locale de 1autorile parental de la defender Esse a regard desenfants Victor Junior it Andrew dispense Les in Falls Victor Junior it Andrew de Leur obligation Alime Taire a 1egard de la defender Esse Orsonneau Gre tier de la Presente Cour a notifier be judgement a Elre rend in Dechance Dau Lorite parental a direct eur de 1etat civil Orsonneau Dir Cleur de Wielat mis de Faire Les inscriptions pieces Aires dans Les registers de Retat civil pour Effe Cluer Les Dils Chanee ments Quant a Auto rite parental aim d As surer la publicity do Regis re or Donne Quin Avis do present Juge ment soil envoy a la defender Esse Lisa Marie Desi ulmers a a derriere of Connie lors Des procedures in divorce qui ont Irene a judgement de divorce rend be 9 fevrier 1993 a Winni Peg or Donne qua default de Pou voir la ire Purvenis get Avis a i advocate of Aducat in or Donne Quine publication Dun Avis Simi Laire a Celuia qui Cut Public dans be Winnipeg free press Leler Oclo Bre 1994 soil leg Alemeno Public dans be Meme journal de Winnipeg relative enl a present judgement sans Gre fikh de la Couch supeu1euke cop1econfohme Par officier Dumenil authorise economic Veteran Market watchers credited technical factors for much of the buying that hoisted the Dow Jones Industrial average and broader gauges sharply the surge in the Dow industrials grew so pronounced by mid after noon that it triggered new York Stock Exchange restrictions on cer Tain compute guided the Dow finished with a gain of Points at Market measures comprising a wider Range of stocks also and the nose composite climbed to advancing big Board stocks beat decliners by about the comeback on Wall Street came on moderate volume of million shares traded on the nose floor As of 4 Eastern that was Down from million Fri in regaining much of the ground lost last stocks built on a trend that developed Friday following the Selloff suffered thursday when the Dow industrials shed nearly 82 Thomas Hinds featuring Fine Quality products from Uba Honduras dominican Republic Denmark England Turkey and More tenders notice of tender separate sealed addressed to the manager or materials will be received until noon on the Date As specified for the following pm 95110 1995 Watermain renew als and associated works in the South West District closing Date june Deposit for tender package pm 95116 the Supply and delivery of liquid chlorine hydrofluos1licic acid closing Date june 1995 Deposit for tender package none note the following tender is being pm 95090 main Street and nor Wood Bridges project Mayfair pumping pipe systems and related works closing Date june 1995 Deposit for tender package note a mandatory puei3ii meet ing will be hell on May at the Kout Gash y Laver Enouyeh attendance at this meeting is mandatory for those bidders who wish to submit a tenders received will be opened in the presence of interested parties at noon Winnipeg tender packages May be obtained from the materials management division on Deposit Cash or Cheque As listed the lowest or any tender not necessarily corporate finance department materials management division main King muk3b 1j1 i ;