Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 24, 1995, Winnipeg, Manitoba B6 Winnipeg free october 1995 Canada at a Crossroads business watch by Timothy Moore Bloomberg business news Toronto next monday May Mark the beginning of the end of Canada As its existed for More than a analysts and historians by the time darkness Falls on Quebe cers will have decided whether to form their own coun a move that would sever the remainder of Canada into two unconnected As the final week of Campaign ing analysts said the federalist forces Are in disarray and demoralized while Public opinion polls put the secessionists on track to at stake is the future of the Cana Dian the status of the North american free Trade agree relations with the and the standing of Quebe cers in gov including prime minis Ter his finance minister and foreign As Well As other National leaders with ties to at a rally of several thousand cheering supporters in Quebec City Quebec Premier Jacques Parizeau said Quebe cers have never been so close to achieving As soon As a majority of Quebe cers say they want their own coun we will have Parizeau Canadian stocks and the Dollar Are plunging is it the beginning of the end in anticipation of the instability that the vote could if Quebec investors should head for the Carl chief economist at High frequency economics said in a commentary we will enter a world of unknown risks and yet for an outcome that is potentially worse than a yes Victory May be a narrow analysts coming close would demonstrate the strongest support to Date for a proposal that failed in a vote 15 years ago by a 3to2 secession is an Issue that draws its support almost entirely on emotional with secessionists offering Little economic justification for breaking Quebe cers believe they have been denied rights owed to them by the eng Lis speakers they helped to create we were once one of the two founding Parizeau told supporters some francophone business Lead ers have warned of hardships ahead if Quebec que becs separation would not solve any of the urgent problems of our society but it would add new said Laurent chairman of Montrea based transportation equipment maker Bombardier separatists have both hailed Beaudoin As the chief executive of one of Quebec business successes it employs people worldwide and As a while Beaudoin refuses to be separatists have managed to minimize concern that Busi Nesses will suffer setbacks after business leaders contacted by Bloomberg business news were reluctant to talk about the implications of theres always the question of whats going to said Stephen chief executive of retailer Canadian tire were running our business with Canada As we know it and we have no reason to do other future shop of British Columbia plans to open up to 20 stores in Quebec next betting that Independence wont halt demand for appliances and Home yet Canadas Economy could stall if there is a prolonged and hostile that could Lead to higher interest rates and a weaker cur Rency and would complicate efforts by governments across the country to rein in their let there be no doubt Independence carries very harsh Conse Martin the breakup of Canada could jeopardize the North Ameri can free Trade in Par Quebec would be said Charles a Trade lawyer and author of a report on the Cen tre for strategic and International studies in the could not continue to Grant Quebec the preferences it has enjoyed under Naftal and the Auto even on a provisional unless and until so authorized by the enactment of new leg Roh Chretien refuses to offer a Middle ground for by dangling the Carrot of constitutional changes to favor Quebec in Exchange for Canadian Chretien and finance minister Paul both have maintained their tack of directly attacking the separatists and their once to retain economic ties to an economic Union Between Canada and a separate Quebec is an said finance minister Paul separation is it Means a Complete French language newspapers Over the weekend reported that Chretien had snubbed provincial Liberal Leader Daniel the Leader of the no by not offering Quebe cers Hope of then at a hastily called news conference in Montre Johnson said Chretien and he were not at in a joint both agreed that Quebec should be recognized As a distinct society and they said that they have both worked to achieve that that was a limited while Canada is a state in search of the reverse is True in observers Parizeau so close we i Mami Inai m lot rim us october 1995 main floor Winnipeg convention Centre free admission in Celebration of Manitoba Small business this unique Trade show is designed to meet the needs of Manitoba diverse for Contact the Bowering group 204 9587540 wage raise settles poultry firm strike Canadian press workers who process Butterball turkeys have accepted a Deal that will give them a 40centanhour wage increase Over three ninety one workers at p and h foods had been on strike since they were asking for increased disability improved benefits and higher workers voted 93 per cent in favor of the agreement at a meet ing on the the message finally got through to the employer that our members own your own business frito Lay territories now available first time in this area no Selling will not interfere with present set up by locating investment work 34 average Natl earnings Days 18008908990 mis mow pages Bim Dation directory my business has me climbing the Walls on a daily basis but 1 want it any other Way ceiling doctor is a Small specially business that professionally cleans acoustic tile and stipple both in the commercial and residential ours is a highly specialized business and although there int a great Deal of Competition in this its important to stand out from the that Why we doubled the size of our display and in the yellow pages this we do the majority of our work in restaurants and commercial approximately 25 per cent of our commercial work and about 90 per cent of our residential work comes directly from its yellow we get lots of Calls and when 1 ask customers How they heard of they often say they found us in the yellow mis yellow pages is a major part of our annual advertising and undoubtedly the Best form of advertising a Small business like ours can if advertising your business is driving you up the Call one of our mis yellow pages advertising consultants at 9418190 or 1 were not going to Cave in to demands for a wage said Bernard spokesman for the United food and Commer Cial workers Union local they were prepared to stay on the picket line for As Long As Nec Essary to achieve a fair wage set the company had said it could not afford to raise pay because the poultry business is experiencing higher production costs and stiffer Competition from the United the Union said the company refusal to consider a raise amounted to asking for another two year wage employees accepted a freeze two years the first 10 cents of the wage increase is retroactive to june 6 of this another 10cent raise will be added to pay cheques next june 6 and the remainder a year the new agreement also includes a 17centanhour increase in com Pany contributions to the employees health As Well As improvements in the dental sick Eye care and Bereave ment More Home renovations in 1996 seen referendum an unknown Factor by Vic Parsons Canadian press Ottawa Home renovation spending is expected to Rise in but the forecast by the fed eral housing Agency does not Factor in the potential Impact of the que Bec canadians Are expected to spend nearly billion on renovations next year with Ontario and Quebec showing the Best the Canada mortgage and housing said that would be a per cent increase Over 1995 this renovation spending fell per cent from the estimate does not consider what might happen in the Quebec referendum next monday and the potential Impact on interest says Gilles the Agency chief we prefer to refrain from comments at this he the Agency says renovation will outpace new Likely to Rise by two per cent to billion after a 24 per cent decline this the environment for the Home renovation Industry and its suppliers should improve in the Agency the business turn although will be Welcome after the disappointments of indoor repair and maintenance including Kitchen and bathroom Are expected to be most popular while out door improvements would lag Proulx said the country May be entering a period of volatile mar that could mean higher inter est weve seen such periods a Cou ple of times in the he they were generally of Short duration we have to Hope this will be the same this time Ontario is expected to do Best in renovation spending in 1996 with an increase of six per compared with a decline of per cent this Quebec is expected to show an increase of per matched against a substantial decline of per cent in predictions for the other with 1995 figures in Are British no change Down per Alber up per cent Down per up per cent Down per up per cent up per Nova up per cent Down per new up per cent Down per Down per cent up per Prince Edward Down per cent up per new construction versus renovations Home renovation spending Likely to Rise in 25 20 15 10 billions new construction i j renovation Ion i 1981 85 90 95 Tammy Hoy up hog prices stable Regina hog prices have remained relatively stable this year due to record meat says Market analyst Jonathan the United states became a net exporter of pork in the first half of the year with Japan its biggest cos the americans also shipped million kilograms of subsidized pork to leaving pork Stock and creating a Market for Canadian elevator planned Fairlight the Saskatchewan wheat Pool says it will build a Concrete Grain elevator the new facility will be similar to full service marketing centres in Tisdale and the Cost of the project is expected to be Between million and sugar and peanuts Washington critics of fed eral sugar and Peanut programs will have a Chance to try to eliminate or overhaul them later this year when the House of representatives considers a second round of farm House agriculture committee chairman Pat Roberts said later this the House will vote on a package to balance the budget that cuts farm programs by billion Over seven the plan also contains sugar and Peanut program reforms that Many Urban members feel Are the budget package is not expected to be open to amendment during House floor mistakes costly Edmonton the 1992 expansion of the Swan Hills waste treat ment Plant contributed to the financial Bath albertan have taken on the the provinces financial watchdog auditor general Peter Valentines Points the Finger at Premier Ralph Klein in a report released yester he blames two strategic mis takes for a Good part of a loss on the Northern Alberta pet Ocanada closed its Taylor refinery about four years China reassures new York chinese presi Dent Jiang Zemin said yesterday that the Trade deficit with China will ease with continued expansion of Trade Between the two he said that by preventing cer Tain exports to the is missing quite a few opportune speaking yesterday at a Lun Cheon of business leaders and for eign he noted that there Are still some Trade problems yet to be Bank downgraded Tokyo Standard and poors ratings group announced yester Day it is downgrading the Long term ratings of Uaiwa Bank and its related entities to triple from single minus and its Short term ratings to a3 from s and p said the which came after a monthlong were in response to the additional financing and business strains that Uaiwa will suffer As a result of its billion us loss from Bond trading that occurred at its new York pipeline approved Pakistan plans for a us Oil and Gas pipeline project linking Pakistan with Central asias Turkmenistan have been a newspaper reported work on the Gas line and the Oil line is to be completed by the year the nation newspaper said quoting Turkmenistan ambassador to aussie firm honoured Australia an australian construction management company has won a major award for a Bridge linking Thailand and Laos across the Mekong Maunsel Sinclair Knight Merz won an award of Merit for its project management on the Friend ship which linked the two countries by Road for the first improvement sought Beijing chivas rail yay ministry wants to bring the nations rail lines in line with International standards in the next 15 the official China daily Toyota sales tall Tokyo total Domestic Auto production and sales at Toyota motor fell from a year earlier in september while Nissan motor reported a moderate increase in both both Toyota and Nissan experienced a Steep decline in their exports last reflecting higher overseas the companies said reports the services ;