Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 9, 1997, Winnipeg, Manitoba Business Winnipeg free jury credit unions keep big Banks on toes in Prairie provinces continued from b3 Kelly Cibic senior Vic president for Small business banking out of said the Banks can help Small businesses plan for what there worried i is very to promote the need for business said the Cuba Survey showed that 71 per cent of sees have one of the major Banks As their main financial but that number is 62 per cent in Manitoba and we have a very Strong credit Union that has kept the Bankers feet to the Kelly Sutherland said the Royal devel Ops strategies for about Smalto midsize by listening to customers Treyve developed loan programs that customers Are ultimately the Best we hear the Best ideas from our sales she Kelly said senior Bank people Are saying what Small business wants to but the results Arent always it Hast translated Down to the local Branch he Shaughnessy said it was impera Tive to have Field people getting the research about what clients want especially in an increasingly competitive Kelly said crib welcomed com petition because it improves Cus Tomer satisfaction with the crib surveys show Quebec to have the highest customer Satis faction largely due to Strong Competition from Raisse Kelly said when the Bank Wells which specialises in Small business received regulatory approval to enter the Cana Dian the Canadian Banks took since the Banks have created billion in special funds for they Range from the million to capital group fund pro Viding seed Money for High tech to million for the Canadian youth business found funded through Royal Bank and Bank of most businesses dont need a lot of Sutherland said 45 per cent of the Loans Are for or the Cuba report showed that half of All Smalt businesses needed less than but often its not Money a Small business is looking Shaughnessy said two thirds of the Banks clients dont even want he said that Cibic has run a popular series of business seminars for the last three years for Small he also said the Bank has com Puter software that helps owners set up and plan their even to the Point of showing How to apply for Korniat said his Bank was help Ful in sending people to help out with the when it came it to exploring Export the Bank gave them in Export financing when annual sales were Only it want so much the it was the said they were in a partnering with jobs to be Cut Woltch Burden slows new York a International paper the worlds largest paper plans to eliminate or 10 per cent of its As it restructures its printing paper the Job announced yes Tel will come largely through a Sale of assets expected to generate More than International paper said the Cost of the moves Cut profits for the recently completed second Quarter by Mil lion after resulting in a loss for the we will be divesting or closing operations that no longer meet the Compa nys financial or strategic objectives and utilizing plants and machinery to serve customers More said chief executive John these actions will enable us to improve the company return on ing buying company Netherlands aping the dutch banking and insurance is buying equitable of Iowa for billion in an Effort to expand its reach in the United the announced is Ings largest since its 1991 it would double its life insurance operations in the boosting annual premiums to billion from the current changes at Eaton Toronto up those familiar Redfin Malue Eaton delivery trucks Are headed for the Serap Heap in Toronto and the ailing department store still scouring its operations for Sav Ings As it restructures under bankruptcy announced yesterday its contracting out its Home delivery service in Canadas three largest about 120 jobs will be the letter and As of Home delivery services in Montreal and Van Couver will be contracted to Mer chants Home delivery services while int logistics will handle the Toronto ill acquires shares Montreal up Calgary based ill Energy will acquire a cent stake in Quebec Lead ing natural Gas distributor for million under a Deal announced yes ill will also Issue Worth of shares to Noverto to give the que Bec company an eight percent interest in ill with an option to increase the stake to 10 per cent by next ill essentially is buying most of the shares of Noverto held by Quebec Public pension the Caisse de Washington a in another sign of moderating economic the expansion of americans debt Bur Den slowed in held Back by the sharpest contraction of Auto borrow ing in nearly five consumer debt outstanding Rose at a per cent seasonally adjusted Annu Al to trillion this Fol Lowed increases at a per cent rate in april and a per cent rate in the Federal Reserve said economists said the report provided More evidence that Consumers took a breather after a spending spree Early in the year that powered f irs Quarter eco nomic growth to a decade High per cent annual strike set for monday Vancouver up More than workers at British columbian second largest Forest products com Pany plan to strike monday following a breakdown in contract the walkout by workers at Fletcher Challenge Canada is expected to shut Down three Fletcher two Are located on Vancouver the third is in the i think its going to be a Long Garry president of the paper and woodworkers of said the other involved Union is the Energy and paper workers Union of both unions have agreed to help the company shut Down the affected Vancouver businessman banned from Stock Market for 15 years Canadian press Vancouver a Vancouver convicted in Manitoba two years ago for unlawfully Selling company has been banned from the Stock Market for 15 the securities commission issued the ban yesterday after deter mining that Mervin Bodnarchuk had been convicted of More than so Securi ties offences in Alberta and Saskatchewan Between 1990 and Bonds other exchanges the offences related to trading in securities of Bodnarchuk two com tajik re Tacar Canada and magic International Rammer ventures Many of the offences occurred while Bodnarchuk was subject to regulatory cease Trade the commission a became embroiled in controversy earlier this year after he entered his representing Vancouver Marpole Curling in the Curling playoffs to determine the provinces entry in the Canadian mens two team members de Lukowich and Randy Ferbey Are based in Alberta and the Pacific coast Curling association accused Bodnarchuk of circumventing residency after a court the team eventually won the right to but lost in the in the Manitoba securities commission issued a cease Trade order against and in he was convicted in provincial court of Selling tajik shares without proper selected quotations with changes since the previous on actively traded Bond provided by rec Dominion Secu Are calculated to Lull unless marked to Indi Cate callable Price is the midpoint Between final bid and ask issuer Coupon maturity Price yield government of Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Canada Chc real returns real returns Alberta Alberta Alberta by by by by by muffin Hydro Quebec Hydro Quebec Hydro Quebec Hydro Manitoba Manitoba Manitoba new Brunswic new Brunswic new Brunswic 15sep98 15mar99 lsep99 tfet00 tmar00 1sepoo 1mar01 1sepqi 1dtcoi lapr02 wun03 ldec03 1jun04 ldec04 1dec05 ldec06 1jurvfl 1junio lmar11 15mar14 litai21 1jun23 ljun25 1jun27 2jan02 1dec21 provincial 1maroo 1mar01 ldec05 9jan02 23aug05 23aug13 8sep23 ldec05 25juloi ljun04 15augos 15aug20 14ser00 5jun06 22dec25 17mar98 26aug02 28jun13 51952 Newfoundland Nova Scotia Ontario had Ontario had Ontario had Ontario had Ontario had Ontario Ontario Ontario Pei Pei Quebec Quebec Quebec Quebec 1025 Saskatchewan Saskatchewan Saskatchewan Toronto Mel 22novh 30jan22 31mar98 19mar01 24jun02 3novos 22jun26 15sepw 19jan06 2jun26 30apr02 30rvlar98 7apr9b 15ocloi 16jan23 6jul99 19dec05 30may25 ldec05 101480 4030 corporate ast limited 24aug04 Bell Canada 17aug05 Bell Canada 30dec3t Bombardier 22dec06 Bombardier 22oec26 by Telephone 8apr22 Bank 01ns Centra Gas ldec06 can Imp Bank cd null tjun05 Cdeno Capet finning Ltd Hudson Bay in solid Nav Canada Nav Canada Nav Canada Nav Canada Nova Gas pan Dpete precision or 15nov06 sdec06 1apr02 1decm lapf02 1jun04 ldec06 1jun27 15jui03 9nov05 26jun07 Power Fin 5jan06 Royal Bank Royal Bank 4junl Talisman 22decm Thomson 9julo Union Gas lonov25 18dec06 1bdec26 4339 new York yesterdays selected new York closing Slock quotations from rec Dominion securities were unavailable at Edwards Amerada american Amr american Tel Aon Atlantic Boise Bristol Brownings Burlington 36w 3702 Campbell Caterpillar Champion Chase coca cola consolidated Deere digital Dow Eastman paso enquirer Fleet financial Ford general general Georgia Goodyear Honeywell itt Johnson 53v2 Mattel Mcdonalds Mcdonnel Merck Merrill Minnesota Mobil Morgan outboard Penney ship Phillips proctors Royal Sears 55 Singer Standard tandem 46w Union Union Pacific Xerox Winnipeg securities that do not have a local Market but Are inter listed on the other exchanges will not be quoted industrials Bird in strict maned Lluc Man bid Man had Manhy dump medical arts West Laira bid asked Complete tabulation of yesterdays Odd Lotnel change is from previous close of same lot vol High Low close Cage Man had 472000 Ulder Nora 96 tolalwsevolume96 London London a closing Stock quotations yesterday in n Lence unless pounds or us dollars Are Allied Domecq Baa Bat industries Boc group boots British aerospace British airways British Petroleum by bar Buffel Fontein us burmahcastrol981 Cable wireless 548 Cadbury schweppes charter Coats commercial Union de Beers us Freehold us Glaxo grand met Ici Kingfisher Kloof us Ladbroke Lasso Lloyds Bank Marks and Spencer Prudential rank Reed exam Rolls Royce Royal Sun Alliance Sears Shell Thorn Unilever 1768 United biscuits Vaal reels us Stock averages Dow close new York a final do Jones open High Low close chg 30lnd 20trn 282162 16011 65stk Stock volumes Indus trans utile stocks 1997 Low tenders foreign Exchange Toronto up Here Are the Exchange rates a con Sumer could expect to pay rates fluctuate during the Day and May change based on the amount rates for major currencies May be changed Dally or an asterisk indicates official or restricted Australia Dollar Austria Schilling Bahrain Dinar Barbados Dollar Belgium franc Bermuda Dollar Brazil real Bulgaria lev Chile peso China renal Nib Colombia peso Cyprus Pound czech Denmark Krone dominican peso Dollar currency unit Fiji Dollar Finland Mark France franc Germany Mark Greece drachma Guyana Dollar Hong Kong Dollar Hungary forint India Rupee Indonesia rupiah Ireland Pound Israel new shekel Italy lira Jamaica Dollar Japan yen Kenya shilling Korea won Kuwait Dinar Lebanon Pound Malaysia ringgit Mexico peso Netherlands Guilder Dollar Norway Krone Pakistan Rupee philippine peso Poland zloty Portugal escudo Romania leu Russia rouble saudi Arabia Riyal Singapore Dollar Slovakia Koruna Slovenia Tolar South Africa Rand Spain peseta Sweden Krona Switzerland franc Taiwan Dollar Tanzania shilling Thailand baht Turkey lira Trinton Dollar Ukraine hryvnia Dollar Venezuela Bolivar Treasury Bills government of Canada Treasury Bills wholesale indicative Only Prev week 4wks Day ago ago 1month 3month 6monll 12month spot metals new York a nonferrous Metal prices aluminium cents per London Metal cathode full cents per spot Lead 48 cents per per metals week composite Price per Gold Troy Handy and Harman Only daily Troy by merc spot Handy and Harman Only Dally Silver tray merc spot Mercury per 76 in Troy Platinum Troy merc spot dividends corporate declared yesterday quarterly unless otherwise indicate Goodfellow common shares payable record july inter provincial diversified holdings com payable july record on july tenders London Gold London a late Gold prices yesterday in us dollars a Troy ounce London Paris Frankfurt Zurich Hong Kong City Cash Gold closing Winnipeg prices dollars per ounce buy sell Gold Silver Maple Leaf closing Winnipeg Price in Canadian funds for buy sell Dollar Dollar close Toronto Canadian Dollar closed at cents us up Dollar stood at Down tenders Index Toronto up yesterdays closing Index Public works and government services Canada tse300 morals a Nancy Industry utile consume March Forest transit pipeline manage golds building close net 1997 Standard Ana poor new York a yesterdays Standard and poors Stock indexes High Low close Indus transit utilities finance midcap400 smack pm 5w stocks Loos Todis commodity Exchange futures contracts finished mostly higher at the Winnipeg commodity Exchange commercials and commission houses were the main traders said the Strong advances in soybean markets also aided w Manolas july flaxseed moved sharply higher on ideas near term supplies Are tight and that Short position holders will have to buy their Way out of their Pon other months were narrowly with spillover support from the canola pit countering the Prie negative influence of slow invitation for proposals accommodation human resources development Manitoba sealed proposals or the leasing of accommodation listed be addressed to real property Public works and government services Box 100123 main h3c phone 204 8832372 will be received mull the a pencilled closing Lime and approximately usable Square metres of office space 150 usable Square metres of storage space plus Twenty six 26 energized parking stalls within Core area or one Hundred three 103 energized parking stalls outside the Core area for a term of five 6 years plus one year options commencing on or about july within the City limits of Winnipeg space offered must be contiguous full floors of a minimum floor plats of 1450 Square metres Only one partial floor of a minimum of 400 Square metres usable is All space must be buildings must comply with All requirements of Public works and government services Canada As Well As the safety and health requirements contained in the Canada labour code part ii and the Canada occupational safely and health regulations which require that the design and construction of every building shall meet the standards set out in part 3 to 9 of the National building Coda 1995 edition to the extent Hal is essential or die safety and health of the occupants and general Public who make use of the facility under buildings must conform to the new Cha Canadian standards association regulations Tor Barrier free design requirements referred to in Cha Standard cawcsab6541m95 plus those de tailed in the standards for leased accommodation contained within the tender Federal identity and fire commissioner of Canada preference will be Given to build Ings allowing primary exterior signage and must be available for lease no later than july with the term being five 6 years plus two 2 options of one 1 year duration build Ings must have Public transportation within 300 metres with ser vice every on half the lessor will be responsible for All utilities and services with the Crown being responsible for payment of rent and possible escalations on property taxes with a base year of 1899 and operating costs based on the consumer Price doling Date icily for further Contact Sharon leasing 01 phone 306 proposals must a submitted on the Lorms supplied by the department and completed in accordance with the conditions Sal Lorth in the proposal the lowest or any proposal not necessarily to acquire tender documents Lor this Call the lbs at 1 8003614637 and quote solicitation no robs pm Vej Jowh Ravaux Public at services Canada Demande de propositions Lacaux a develop Pement Des res sources Humaine Canada Winnipeg Manitoba Les propositions pour la prise a bail de Donl Les Calleres sont enu Meres solvent etre envoy yes dans Une envelope Icellee it addressee a adjudication de marches Ravaux Public Al services Gouverneu Eneaux Rue piece Winnipeg Manitoba r30 204 Les propositions Seronil acce tees Junqua theure it la Date Les Lacaux Dolveal disposer Denyl Ron 6 metres Carres Tull Sables de space a bureaus 150 metres Carres de space Dent Posage it ving Tolx 26 places de station nement mules de Prises de Cournal a Centre Villa of cent Irons 103 places de Dialion Nemel mules de Prises de Cournal in Dehors do on Cher he in Ball de Cine 5 jul commence rail Leou Versle 1er Hillel ave Deus options de Renous Ellement Dune Duree Dun an Lee Lacaux solvent be trouser a in Verleur Des a mites de la Ville de Winnipeg Al comp Endre Des stages cont Igus Complete a ant Une super Lyle minimum de 1 450 metres Carres de space tout stage partial Doit Avoir Une super Ticle Dau coins 400 metres Carres lout i space dolt etre Les ailments solvent etre con Ormes Aux exigences de Ravaux Public Al services Gouverneu Eneaux Aux exigences in Moliere de san6 it de so cite prec sees dans la Partie ii do Coda Canadian do Travail Elau regime no do Canada sue Fhy Viima at la Security a jul stipple que la Conception Ella construction Dun Bailment divent respecter Les Nomes Des parties 3 a 9 de edition de 1995 do code National do dans la Mesure Oil Les dispositions son Essen Lelles a la same it a la Security Des occupants it do Public jul util sent Les installations Prises a a Lemeuble Doit etre conforme Aux Nouvelle Normes Damena Gemeyl pour acres facile de la Cha association Canad Lenne de it aun Normes Lou chant Les Lacaux Enon Cees dans Les documents Cappels Dolores if Reuble doll Haussl etre conforme Aux exigences do programme de coordination de image de Marque it do commas Sale Federal Des on a Cordera la preference Aux in marbles of ii esl Taimia Dap Poser a sex Lesieur in Lanneau principal be Bailment Doit Elre pret pour Elre iou6 a Ballau plus lard Leler jul let pour Une period de Cine 5 ave Deus options de Renou Ellement Dune Duree de in 1 an be Bailment dolt Elre situs a 300 metres a plus Dun Arrel autobus Urban Desse Rvl routes Les 30 be Ball Laur esl term de payer Les impels fondle is Al Les services Public fetal est responsible do Loyer it Des Mal orations even Welles Des impels lenders Selon Iannie de reference a nil que Des Coots de a Secules Selon ii Dlce Des prox la la mate 14 b be Isuel 31 Lucile a 1997 pour of Tenor plus de a Guilloz communique ave Sharon Agente Principale in Telephone 306 Vous Deveze Sou Mellre Vos propositions sur Les Lor Mulaire Tournis a cat Ellet Par Leet Rempler deniers Selon Les modalities precis to dans Les documents de be minister be Reserve be Droit de Veleter routes Les y comprise la Plue pour Oblenis Des documents Cappels a Euille Lel phoner audios 1 num Feo d no Mfune my we i Unada Manitoba highways and transportation notice of tenders separate sealed tenders will be received at the tenders credit Union Central Plaza 16th floor 215 Garry Manitoba r3c 321 pm 204 9453637 on the specified up to noon prevailing Winnipeg for the following work july tender 4743 Concrete pavement path 75 of Winnipeg of Letellier the work involves 6600 t of granular base 2600 t of bituminous pavement 4100 m2 of Concrete in various areas for Hood just tender 4744 overhead sign installation path 75 at path 100 the work involves the fabrication Erec Tion of a cantilever guide sign on the South bound lanes of Pembina at the Peri meter 4 w tender 4745 bituminous pavement or 257 Boundary or 256 the length of the project is 13 the work involves 30 0001 of truck hauled 20 0001 of granular Bast course 41 0001 of bituminous tenders will be publicly opened on the specified Day and read in the Board loth Garry starting at each tender must be accompanied by a fully executed bid Bond in the amount of ten percent of the tender Price expressed As a percentage and written on the departments or on a form satisfactory to the min a certified Cheque Wilk not be accepted in lieu of a bid tenders May be obtained at the above address for the nonrefundable sum of which includes 7 the lowest or any tender May not necessarily be Glen minister i town of did Lett 1997 Road improvement works Concrete curb Gutter tenders Are invited for a Road improvement works contract which consists of approximately 1900 m of Concrete curbs and plans and documents May be obtained from the town 159 King on payment of a nonrefundable a tender Deposit in the amount of ten per cent of the total tender is required either a certified Cheque or bid tenders will be accepted until 1500 Dryden july 1997 and Are to be submitted in duplicate and addressed to clerk town of Dryden 30 Van Home Avenue on p8n 2a7 the lowest tender is not necessarily the town re serves the right to reject any or All to waive irregularities and i formalities therein and to award the contract in the Best in Terest of the town in its sole and unfettered All tenders submitted to the corporation of the town of Dryden become the property of the town As Are subject to the Freedom of information and Protection of privacy Tom town Engineer july 19972 Road improvement works Asp Alaric Concrete tenders Are invited for a Road improvement works contract which consists of laying of approximately 40001 of asphaltic Concrete pavement with Small amounts of preparatory plans and documents May be obtained from the town 159 King on payment of a nonrefundable a tender Deposit in the amount of ten per cent of the Lota tender is required by either a certified Cheque or bid Bond tenders will be accepted until 1500 Dryden july 1997 and Are to be submitted in duplicate and addressed to i 30 Van Hume Avenue on p8n47 the lowest tender is not necessarily the town re serves the right to reject any or All to waive irregularities and i formalities therein and to award the contract in the Best in Terest of the town in its sole and us entered All tenders submitted to the corporation of the town of Dryden become the property of the town As Are subject to the Freedom of information and Protection of privacy Toui town Engineer july 1997 ;