Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 21, 1997, Winnipeg, Manitoba May 1997 b4 Steve email Winnipeg free press business ont month i offer via visit your its phone Centre for details interest rates loonie gains Consumers but economists see slight rate Rise later by Rob Ferguson Canadian press the loonie gained More than a third of a cent yesterday As the Federal Reserve Board decided against an interest rate delaying the need for any rate hikes in Canada for for the average that certainly Good said David senior economist at Toron to based investment dealer Nesbitt but economists predicted Canadas record Low interest rates will Rise slightly later this year because the Bank of Canada said last week its ready to tighten monetary that Means relying on a stronger higher interest rates or both to Cool any inflationary pressures in an Economy that showing signs of growth after two years of record Low if they can do that through a stronger so much the better for Consumers because that Means an interest rate hike is going to be later rather than said the loonie closed at cents us up a higher Dollar cools economic growth by making exports More expensive and alleviates pressure on the Bank of Canada to make Canadian investments More attractive by Rais ing interest financial markets rallied on the news that the fed was keeping a lid on interest rates for in new the Dow Jones Indus trial average gained Points to close at just 30 Points shy of its Al time High set last in Marc free press Isfeld with Macdonald Hopes to build mainstream first nations business firms using Trade show to tap into native markets by Martin Cash business reporter 1st nations communities Are a billion Dollar Market in and companies that want to tap into it Are displaying their wares to native leaders in Winnipeg this for the first the annual con Ference of the Assembly of Manitoba chiefs has included a business Trade show and More than 70 companies bought according to show organizer Allan the participants Are there because they Are already doing Busi Ness with first nations or they want to the idea of the Trade show is to build a better working relationship Between established mainstream businesses and first nations Busi Isfeld the established businesses participating included three major All manner of service and equipment new car Deal window and door companies and retail and service companies interested in Selling franchises to first nations were Here because there is a significant customer base for us both on and Oft said Ray Gam manager of aboriginal banking for the Bank of this has nothing to do with any sense of oblige it Only makes sense for us to provide the Means to do a member of the waylay see Cappo first said he was not surprised by the interest shown in the Trade we Are a billion Dollar he said referring to the amount of Money native canadians pump into the Economy every commodity the is that the aboriginal culture is noncom Mercial and we Are seen As a commodity and the Money we spend flows Back to corporate the Only Way for that to Stop is for us to create our own economic we need to become the business people and the owners of the an attractive Avenue for a lot of firs time business owners is through Dunstan Mac Western Region develop ment manager for Cotter was Manning a Large Booth for the Winnipeg based company that now boasts More than 500 Independent hardware and variety stores in the True value and we see a significant future growth area in first nations com especially across North Ern Macdonald it really makes sense for because we dont own the the band itself could own the for Cotter has a couple of stores already on reserves in Northern Quebec and the Northwest Territo Ries and Macdonald said the com Pany is in discussion with two Manitoba one to open a Brand new the other to part Ner with an existing the advantage we would have is that because our stores Are locally owned and profits would stay in the Macdon Ald although he said developing the native business is attractive for there is no specific strategy to go after that at the same while Isfeld said the native business can be a lucrative there is no coordinated Effort on the part of the first nations people themselves to leverage an that would take some sort of co operative or or Purchas ing he then there could be real economic develop ment for the Long the Institute of certified management consultants of Manitoba is awarding Premier Gary Filmon an honorary the Institute is presenting the award at its 20th anniversary dinner at the Delta Winnipeg hotel Premier i lpns resolve at strengthening the fiscal management of the province is just one example of the Many contributions he has made during his political career to improve Public sector Robert president of the Manitoba inst said in a there Are certified manage ment consultants in about 93 in Kent the group will also be presenting Fel Low of the Institute awards to Sheryl Feller and Donald both practising consultants in and its first life member award to Steve u j j the University of Manitoba Mas ters level program in facility management has won the 1996 facility news maker sponsored by Canadian facility management and design Magazine and the International facility management association chapters of the honour recognizes a major pro service or study of exceptional m movers Benefit to the facility management pro it was awarded at the Canad an facility management and design expo in Toronto last the facility management program in the architecture faculty depart ment of Interior is the Only masters program of its kind in the it is delivered to students with out interruption to individual through distance there Are 23 students in the u of m Pilot and the University says applications for the 199798 academic year have been arriving from across the United states and from such countries As South Africa and i j l lawyer Robert Brazzell has been admitted to the partnership of the Law firm Tupper Brazzell is a member of the firms business Law he is also a member of the municipal Board of the companies office advisory a director and Pas president of the Manitoba chamber of and a director of Manitoba Quality network a cd u Barbara Hogan of Nesbitt Burns has received a distinction award for Manitoba District from the invest ment dealers association of Jason Corbett of Scotia Mcleod was a the Ida distinction program recognizes excellence among brokerage representatives who Deal with the a u u Urban shares services has announced the election of Derek president of Carlyle com Puter products of As and Joseph Sheil As chief executive Sheil was group purchasing for greater new York Hospital Asso a Trade organization serving 172 Urban shared services is a nonprofit corporation established by nine Winnipeg hospitals in 1994 to deliver shared food materials laundry and medical waste disposal got a an appointment or a new contract fax or phone the free press business 1355 Mountain r2x or fax Canadas largest Stock mar Ket gained Points to what the fed saw was a significant slowdown in the Economy and no immediate threat of that is Why they decided to said economist Lyle a former Federal Reserve Board any future rate hikes by the fed Arent expected to exceed a Quarter percentage not enough to do any serious damage to consumer said Ruth chief economist at to other economists say increases totalling a half Point Are possible by years the prime which Banks charge their Best corporate now sits at per consumer loan rates Start at about per suspense about interest rates will return soon As the Federal Reserve prepares for its july 2 meet ing and watches for any signs the Economy is that Means More volatility on Stock where investors see higher interest rates As a drag on corporate which drives Stock prices the markets will be jittery until the next said also a vice president at to communication key to Success in workplace rewards in the office Are an important part of a healthy employer employee relationship around workplace by Bud Robertson staff reporter Anita Fyfe cant say enough Good things about her Hes such a Good so Good to his gushes who works in the claims department at David Johnstons Small Winnipeg group insurance Shes worked there for 10 years and it just keeps getting better and its a far cry from the having a Good wish you were dead postcards Many employees would probably like to Send to their it seems those other Bosses could take a lesson or two from whose family owned company employs about there Are big like the annual Christmas summer quarterly bonuses and prizes like televisions and trips to Las vegas for the Best ideas to improve the and then there Are the Little like the Bossy open door policy and the cards and Flowers occasionally left on employees desks to pick up their i think when there treated like Bend Over backwards to be a Good says whether its the occasional Pat on the or an afternoon rewards Are an important part of a healthy employ Erem Loyee says Eugene a Winnipeg psychologist who specializes in employee from time to time say this was Good work and heres what i liked about says and if an employee finishes her work theres no harm in letting her go Home he lots of people like a Little extra time says we tend not to do we clock watch when we should be sending and in the Long he it can add to a persons productivity at effective performance produces Happy he Richard a human resource says employees never cite their pay Cheque As a reason for liking or disliking their Money is not what its says he its about honesty and consistency from they want to know what is expected of How there doing on the Job and what their future is in the organi and they want to hear it in a lot of companies work on the memo says and there Are ways to keep staff Happy while there is no simple formula for being a Good Boss versus a bad human resource professionals say there Are things employers can do to keep staff Happy and they Sug Gest keeping the lines of communication open so that staff Are informed of decisions that affect them and Why they Are if theres a get it involved in the decision making make staff feel that their input is valued and Neces sary for the continued Success of the make sure everyone is treated allow employees to see the end results of their labour and Reward Good work with words or like time match the skills an employee possesses with the Type of work they Are doing to ensure they Are Able to perform at their assign an interesting task to break up the that just Doest Cut communicating with employees is vital in fostering a healthy working agrees Doug a Winnipeg labour relations and if they it can Lead to prob for says As labour markets change it May be necessary to pay a new employee As much or even than someone who has been with the company for but if the Boss just hires that person and says nothing to the employees May see it As preferential says what it boils Down to is poor com he and More open and Clear communication makes work ers feel that they Are a part of the Deci Sion making employees today Are better Edu less Loyal and much More says and we have to respond to employees needs in the Money woes Lead More canadians to seek longer hours on the Job Canadian press Ottawa workers facing severe financial problems were More Likely to want longer hours on the a statistics Canada Survey has the Federal Agency said yesterday that four times As Many canadians wanted More hours at work rather than less working but two thirds of employees were Content with their time on the the 1995 Survey asked More than workers if they would prefer More working time at their current rates of workers who wanted More hours were had Little seniority and Low Levels of were employed in services or clerical occupations and worked in Par time or temporary jobs and jobs not covered by pension statistics Canada single mothers living on their own wanted More hours even though Many of them already spent relatively Long stretches at these women were the most Likely of any group to live in Many faced severe financial con which May have partially explained their preference to work the Agency in the Case of two Parent total family incomes apparently had an Impact on the desire for changes in working an individuals tendency for longer hours fell As their spouses weekly pay a preference for Shorter hours tended to show up among and natural or social Sci ence these people in Gener Al had higher incomes and already worked Long married women with Young children also tended to favor Shorter time at ;