Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 8, 1997, Winnipeg, Manitoba Winnipeg free october lets play the Market i twp Law it Une Yitti Suppi Fanet my t sut8 to it Nabihi 8w arc it Fly fill Rivot totem Stock markets retd Stock too the of Lojiw believe the mirages Roll continue bracketing economic commentator Extraordinaire Louis Rnka Yser will help set Wynn speggers straight on what he thinks of the to markets future when he appears at the pantages theatre next the Veteran Host of pass Wall Street week will share his insights on economic and financial trends and investing in an evening presented by Gordon private client and sponsored by the Winnipeg free press and 18 will win g stif of to fans Aluta at von East eff if by faring Reuf 3 to the free press business at of by of Trie free building at 1355 Mountain or in Fps up to frs beside eur sportier service at eaten please Mark your envelope if youre you can email City , subject a Pic restrictions apply we must receive your entry by 8 16s for eaten i Only one entry per include your Street address and Telephone winners will be contacted by Tele also be listed tuesday in the business have and Good mexican corruption not a worry for local firms Keton mean Tow staff of Teporter one Day after Canadas Ambas Sador to Mexico resigned for speaking out about mexican Cor local business leaders say they Haven found a need to grease any Palms in their dealings its probably but Ive never experienced it Coffus Tiofil said Clark a vice president at Linnet there trying hard to eliminate that ambassador Marc Perron lost his Job after being quoted in a mexican Magazine citing examples of Canad an companies who had lost contracts because of but Alex a manager at acres International said that after almost 20 years of dealing with governments in his company has never experienced any the government officials weve dealt with have been extremely above Gerrard but he added that his company has dealt primarily with the state govern ment in which is represented by the National action party a rela Tivel new party which campaigns against government it Surprise me if it corruption existed in some Levels of gov we would try to avoid those he Bob the director of the americas of the Manitoba Trade and investment briefs Manitoba businesses on cultural differences Between Canada and Mexico before they solicit business but he says the topic of corruption Doest come up at he says there Are challenges for companies entering the mexican mar for it can take a lot longer to set up deals than it would in a Sham Beattie noted that Many mexican companies have never dealt with for eign businesses you need to know who to do business with and How to expedite he in the Magazine Perron is quoted As saying Hes never seen the level of corruption that exists in mex that the governments War on drugs was a and that washing tons pressure on drugs is a in a june speech to the Winnipeg chamber of said canadians needed to be aggressive in efforts to enter the mexican but he warned that there were Crooks in Mexico who were just As if not better than the ones in Manitoba signed a Trade agreement with the mexican state of Jalisco last year which focuses on tourism and Cul Tural the mid continent Trade and transportation Edu cation and training linkages and other business earlier this Industry minister Jim downy said Trade with Mexico was Worth million and involved about so Manitoba Beattie says his company Trade with Mexico is still in the Early Linnet geometries provides consult ing services to the government in the state of and is looking to sell software to Mexico Federal govern we see potential but its Long acres International provides Engi Neering services to some mexican but Gerrard said the com pants business with Mexico is fairly especially since the devaluation of the peso after the mexican Stock Market crash in invest your cake and eat it innovative gics that Promise both Security and the potential for higher you want who 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Trust business watch investment yes no Hume 9 a san u Bale Tow go Piej Mai jct to cd twee Wyum the tse 100 Index is pawed in the wow Stock ass a sewed we wife i malted Ulm to tie Taw us to tse 100 us Elf to to Naif dumb in to Rwy Tate w wow Sartaw e Agency fears computer attacks Baltimore a neither government nor Indus try has the Means to protect the United states against computer attacks that could shut Down communications and Power the chairman of a presidential com Mission studying the problem said while a catastrophic Caber attack has not we have enough isolated incidents to know that the potential for disaster is real and the time to act is said Robert chairman of the commission on critical Infra Structure in a speech to an Industry Security Marsh said several government and academic computer Sites that prided themselves on tight Security were targets of a recent email Bombardier cuts Toronto jobs Toronto up aerospace giant Bombardier is chopping 450 jobs in Toronto while hiring 600 people at its Montreal operations Over the next few the company announced yesterday about 450 jobs will be Cut Between the end of this month and january at its Toron to based de Havilland it said the cuts in Toronto Are necessary to bring the Plant Back to Normal staffing at the same it will hire 600 people by the end of the year to work on four aerospace programs in customs Tariff system to get easier Ottawa Federal government is reintroducing legislation for a new simplified customs Tariff a notice of ways and Means which under Cana Dian tax Law has the same weight As the legislation once it is was tabled in the the department of finance said the notice was substantially similar to what had been introduced when the june election was called last Ontario autoworkers face cuts Toronto booming Auto sector is about to get hit with Job losses at parts plants and production cuts at one of the japanese car makers operating in the Job cuts Are certain at parts maker Peregrine which has told 300 employees in their jobs Are Dis appearing because the company lost a major workers at a Budd Plant in have been told the operation will close if the parts giant cant find a buyer by april Bata quits cites corruption Quebec up the Toronto based Bata shoe Empire is pulling out of Nigeria because of corruption by officials Sonja president of Bata said speaking at a seminar on Canadian business ethics Bata said her firms experience in Nigeria is an example of when companies have to Cut their losses and just its impossible under the present Bata said after a speech to the annual convention of the Alliance of manufacturers and exporters the corruption killed Telephone lines were Power was products get through we decided not to play along and finally moved its heart acc records seventh profit Regina farm credit corporation recorded its seventh consecutive profit and Lent Over billion to Farmers and agribusinesses in the Federal Agency reported the farm Lender posted a net income of million last up slightly from the year the Agency approved a record Loans in 1996 a 27 per cent increase from while total Loans receivable swelled to future waru retort hidden Fin a few Lenur Guj a flite ;