Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 27, 1997, Winnipeg, Manitoba Winnipeg free May 1997 b5 business polls place Canada near the top free Low Dollar help focus Economy by Janet Mcfarland the Globe and mail Toronto Canadas Tro Phy Case is filling the country has polled near the top in a raft of recent International business surveys and is consistently placing higher than it did in prior business experts say a decade of managers chanting a mantra about becoming More internationally More More efficient and More service oriented May have paid its Only canadians who consistently put Down said Jeffrey associate Dean of business at the University of Western our business sector is extraordinarily Well recognized outside of our among the recent findings a Survey by the economist intelligence which is associated with the economist Maga ranked Canada third in having the Best business Environ ment Over the next five the annual world economic forum study placed Canada fourth in International competitiveness behind Hong Kong and the last Canada was the International Institute for management development sur vey moved Canada to 10th Posi Tion from 12th in world a Eloitte and touche Survey of publicly traded companies in 56 countries identified 23 Cana Dian businesses among the 200 fastest growing ones in the Low Dollar helps in Many of the Canada has ranked Well because of factors outside the control of a Low for has helped fuel an Export Boom to the United and the Strong Economy has created a healthy demand for goods and in some of the govern ment deficit reduction has been one of the greatest areas of improve but other significant factors Are directly within the control of Man notably Strong strategic planning and High in the world economic forum sur Canada ranked third in Overall Quality of corporate economist Andrew of Deutsche Morgan Grenfell argues the Bank of Canadas Low inflation policies Over the past 10 years have forced companies to become More efficient and to Cut costs to maintain but he said the companies have the Bank of Canada reminds me of a harsh spinster aunt who said there is no More Candy for you until you get yourselves sorted he the Bank of Canada forced these Guys to do but they did they found that a Tes Timony to our certainly our entrepreneurship and our response to competitive added to the was the Shock of entering free Trade agreements and coping with the reduction of tariffs Between Canada and the United the agreements allowed More goods to enter Canada More forcing Canadian companies to become More Cost productivity rising Gandz credits it for reshaping Canadas business the very real fear that if we did it get our House in wed be Toast has caused a tremendous Rise in he Joseph de a business professor at University of said the message has got through to Many Canadian companies that they have to operate efficiently to he is not surprised to see Cana Dian enterprises posting strongly against the americans in the Eloitte and touche Survey of fast growing in he firms have not had the same Jolt by free Trade because of their much larger Domestic Many companies have not looked As much to International that has slowed some companies he because they Arent looking for broader they think they dont need to but in the Long run whats happen ing is were eating their and so Are the other exporters to the United but despite recent there have been serious makeup Calls within the latest in one Section of the world eco nomic forum Canada ranked 12th As a destination for future major investments by foreign the highest ranking countries were the United Indonesia and that a valuable piece of information because weve got every thing else and now we just have to go out and shamelessly pro Mote Spence Farmers betrayed Winnipeg up the advisory committee to the Canadian wheat Board is accusing the Western Canadian wheat growers association of betraying the association is opposing the wheat boards level of service complaint against the railways and has asked the application to be dismissed that shows the association is really supporting the says the advisory the complaint is one real process Farmers have to improve the says committee spokesman Butch pork official fired Regina up Saskatchewan pork International has fired its Jim who held the Post for the last 22 was Dis missed Morris last week criticized new provincial legislation that would allow the agriculture minister to remove the hog boards sales monopoly without first holding a producer Plant wins contract up Kamloops printing Plant has won a contract to print lottery the Crown corporation announced Pollard banknotes local Plant won the bid Over seven other Canadian and lot Tery said in a news a big customer Montreal up Quebec businesses still find it easier to Export to Ontario than to the United states despite the Continental free Trade suggests a Survey of business leaders in both the released indicate that 50 per cent of que Bec exports go to other watch mostly the Ontario Market is crucial for said Jean pub Lisher of 1actualite news Maga which cosponsored the Survey with the financial naval vessel slips Halifax up a naval ves Sel got an unexpected dress rehearsal for its official launch next month when it accidentally slipped into the hocs Yellowknife was being readied saturday at Halifax ship Yard for its june 5 christening when something gave Way and the ship slipped about eight metres into the no one was the Hydraulic system that holds the ship in place on the rails failed in some which were analysing shipyard spokesman Ross Langley said pm workers return Oklahoma City a Union members returned to work yesterday at a general motors Assembly ending a strike that idled employees for seven maintenance workers of United Auto workers local 1999 pre pared the Plant for production shifts when most Union members will be the local on sunday overwhelmingly decided to return to work pending a vote on a tentative contract reached by Union and pm negotiators one Day that vote could come next local president Steve Feath Erston the focus May now shift to members of the Law local 594 still on strike Over staffing Levels at a pm truck Assembly Plant in More negotiations Are expected if you cant beat join pm Cranberry firm sold to giant by Allan Swift Canadian press Montreal Canadas largest Independent producer of cranberries has decided the Best Way to keep up with the fast grow ing Market is to hitch up with a giant who already Atoka a family owned business started on empty swampland 15 years has signed a letter of intent to sell itself for million to Northland cranberries of wis Consin Northland will use near que Bec As a springboard to penetrate the northeastern Market with its own Cranberry juice Brand to Chal Lenge the dominance of Ocean Northland also sees Atoka As a base for Selling in Europe where Cranberry juice is Little once relegated to the traditional thanksgiving and Christmas Turkey the tart red Berry has become a hot item in North mainly As a where it is third in sales after Orange and Apple recent studies touting the health benefits of Cranberry juice have also helped Atoka founder Marc bieler said his company was too Small to develop its own Brand and was looking for an american partner since the vast majority of sales Are in the to think we could develop our own Market from a base Here in Quebec just want bieler said in an we wanted to link up to a Brand that going to be competing All Over North under the Deal to be completed next Northland will pay Atoka million can in and the rest in convertible when converted into Atoka will own about five per cent of North a us company traded on the Nash a Stock bieler will become a Northland and will gradually withdraw from his tractor driving management of the Atoka spread at Saintlouis de 80 Kilometres Southwest of Quebec in Ive been doing a bit too and i want to organize things a Little bit said the Swiss born Northland produced 16 million kilo Grams of cranberries last year from Fields concentrated in Wisconsin and Northland president John Swendrowski sees big savings by using Atoka processing Plant to Han dle berries from instead of sending them Back to wis Consin for Ocean Spray of the dominant is a produce based cooperative which includes several Canadian growers concentrated in the it has 68 to 70 per cent of the total while Northland combined with Atoka has about 14 per bieler and his formerly producers and marketers of apples and Maple began in 1982 to buy up suitable Only for Cranmer it takes heavy investments and five years to bring a Field into full product sufficient to discourage Many would be Fields Are divided into 50by 500 metre flooded for the Winter to protect Bushes from and flooded again in the fall for with 170 hectares now Biel or has plans for 400 hectares in a few sales reached million last Canadian customers include Cott beverages and metro Richelieu Gro Cery Berrys popularity As drink on Rise Quebe based Atoka Cran largest Independent producer of cranberries in Cana is about to be sold to North land cranberries of the Berry facts cranberries a tart red popular As a sauce with growing in popularity As a production concentrated in wis Consin and and in Canada at and Industry Leader Ocean Spray sales of billion us last Atoka Abenaki word for has 170 hectares near Quebec growing takes five years to reach full Fields Are Large flooded in Winter to prevent and in the fall for Bushes Are beaten by machines and the floating berries Are sucked into a health studies say Cranberry juice prevents urinary tract infect Placer dome Selling Quebec Gold mines Canadian company to pay million us Canadian press Vancouver Placer dome will sell its Kiena and Sigma Gold mines in Western Quebec to a Quebec mining company for million the Sale of the mines and other exploration properties to Mcwatters mining announced is expected to close by the end of the which makes Mcwatters Quebec third biggest Gold is part of placers plan to focus on larger Gold we Are pleased these assets Are being acquired by a Canadian company with a Lon term interest in the future of the Val Dor said John president of Vancouver based Canadas 2 Gold pro behind Barrick Gold the Kiena and Sigma mines have been important to but today our growth strategy demands greater concentration on lowermost Gold deposits where we can maximize returns from the input of our financial and technical Mcwatters said it will offer jobs to All managers and employees of the two Placer mines at Val the Kiena which began operating in has produced million ounces of including ounces last the Sigma along with the recently acquired Lamaque have produced million ounces of Gold since they began operations in1935 and produce about ounces a Mcwatters said an audit of the prop erties concluded Kiena has an Esti mated life of years and Sigma years at current production rates and proved the audit estimates the combined annual Gold production for both mines for the next five years at ounces at an average Cash Cost of us an that production level should Gener ate an average net operating Cash flow of million can Over the next years assuming a Gold Price of us an Mcwatters this acquisition is a great Opportunity for Mcwatters company president Claire Derome said in a release from we Are acquiring two Gold mines that have been producing for Many have an extensive infrastructure in and most have dedicated managers and Mcwatters said it will finance the Deal by Selling Royalty Borovy ing from Banks and issuing shares in firm to sell insurance on net the Molson companies limited James Arnett Eric chairman of the Molson companies is pleased to announce the appointment of James Arnett to the position of president and chief executive officer of the Arnett joined the Board of directors of the Molson companies in july formerly a senior partner of he was the Linns resident partner in Washington from 1993 to a graduate of the University of Manitoba and the Harvard Law Arneti prac tired corporate and commercial Law with an emphasis on negotiated Merg ers and and International corporate he serves on the coun cil of the Section on business Law of the International bar is a past president of the Harvard Law school association of Ontario Anil governor of the Washington foreign Law the Molson companies origins Date Back to in the principal business of the corporation is the brewing and marketing of and related sports and entertainment Canadian press Toronto Cana Das biggest discount broker is setting up a new service that lets con Sumers shop for insurance on its computer travel insurance will be available while Home and car insurance will be available next month in Ontario and across the country by year Green line investor services said creditor and life insurance will be added later this the new service will allow Consumers shopping for car insurance to Call in or use Green lines web site to gather up to 10 estimates from various insurance Green line is building upon its technical capabilities and innovation to satisfy growing consumer demand for a better to Access providers of a Broad Range of insurance said John president of the discount Green owned by the Toronto Dominion has reached deals with a number of insurance com Auto for exam will be available through a National network of insurance the firm you can make a difference there really is Hope Mary Huntington disease Huntington society of Canada Huntiii Jogn i Dis Jiu 825 Stabi Uji my r3a 1m5 summer vacancies available deluxe lug chalets with loll screened deck and in a private Forest horseback Riding close to Falcon Lake Golf course outdoor hot tub Cedar log Sauna 12043492410 conference link the ultimate conference ska Erphone your conference speakerphone for meeting rooms and offices professional full duplex speakerphone three Builtin microphones 360 coverage s e r v o electronics systems 138 Portage s471641 fax 9473078 Manitoba Institute of purchasing management association of Canada congratulates the following individuals on the Alla Imnel of the certified professional purchaser designation Allan Amundsen Boniface general Hospital Bernhardt William Cassidy restaurant Supply Iny Kolvitz Terry Trueman Canadian National railway company Brian new Lei a Durics Ruben Manitoba lire for Mcneil Manitoba Hulio Cir tiled Ruml lilt Manitoba Institute of unit 444 Manitoba lbs ;