Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 21, 1999, Winnipeg, Manitoba B4 Winnipeg free september business watch Madei Manitoba hog pricing Altona up the chairman of Manitoba pork marketing expects the province to create its own pricing mechanism now that a major Slaughter Plant in Brandon is Gerry Friesen says significant demand from Maple Leaf will be a major Factor in determining hog Manitoba agriculture has made Lent figures available but he notes local Farmers still need to know the daily provincial Friesen says producers and government Are looking for a daily average on hog prices that reflects what is happening in Manito Quebec to invest in Call centres Montreal up employment minister Diane Lemieux says Quebec plans to invest million in the establishment of two Call centres and the expansion of a creating a total of 480 private funding totals million from Standard life insurance and two telecommunications Tele com vision International and Excel telecommunications Canada Auto Union chief hints at Accord Toronto up Buzz head of the Canad an Auto workers is hinting the Union will reach agreement on a new contract with Ford motor of Canada before the strike deadline the debates Are pretty Well Hargrove said yes suggesting both sides had settled Basic issues concerning pensions and this is about were moving closer to an he rated the chances of a which would affect Ford workers in Southern at about 35 per its a big and Treyve got it Toronto up one of Canadas biggest advertising jobs promoting Molson Canadian Beer has gone to a midsize Toronto Bensimon Byrne the new and Agency for Molson top Brand complements an organizational the Brewer said Bensimon Byrne a 65person shop founded in made a pitch for the Job after Molson terminated Maclaren Mccann on the account last Walmart tests compute repair Biz Little Rock a Walmart stores has launched its first inshore computer repair site As part of an Experiment that could Lead to the retailing giant offer ing computer the Bentonville based retailer is to lease space in the front of 10 of its super enters to computer a Small business in based on 48 lease with 5691 Down plus z Woodhaven la 3700 Portage Avenue 8893700 or 2288996 Onex bid sent to shareholders by Allan Swift Canadian press air Canada takeover turning into dogfight Montreal air Canada mailed out to share holders its Long awaited response yesterday to a hostile takeover offer by Onex the air Canada Board was expected to urge shareholders to reject the or at least to push for a higher As the air line continued to buy time to mount its own a Bosto based Trust company revealed its air Canada Stock holdings have recently gone just Over 10 per cent of the airlines voting the maximum any single investor can Fidelity management Trust May even be the largest share at per Heather spokeswoman for said the group has some 250 and any one of them could own up to 10 per cent of air Canada Stock without breaking securities our View is that the total aggregate holdings that we have Are not in violation of the Canada business corporations it is held amongst a number of different she noted that Fidelity has to inform the Ontario securities commission when its ownership of any company reaches 10 per the recent purchases by Fidelity and other investors suggests that air Canadas shares will continue to As they have since Onex of Toronto made an offer of a on the Stock lost 20 cents to close at As the Battle continues for control of Canadas big fund managers will be courted by Var ious sides trying to line up the winning although Whyte insisted that Fidelity holding is for not strategic Onex president Gerald Schwartz met investors last including officials from the Caisse de Quebec Public pension fund the Caisse has per cent of air Canada voting Stock and 20 per cent of nonvoting in an apparent move to gain Public air Canada bought full Page ads in some weekend showing an old aircraft flying Over rugged the ads evoke the company 60year history and note air Canada provides direct and indirect and injected billion into the Canadian Economy last super jumbo Jet May still get off says Boeing associated press Seattle Boeing is Likely to proceed with development of a larger 747 jumbo Jet in the next couple of chairman Phil Coridi Boeing has been studying the possibility of building what it Calls the 747x for but until now has questioned whether there is enough of a Market to justify beings chief the european consortium Airbus plans its own super jumbo the Boeing probably will proceed with development of its new 747 version sometime in the next two Condit told the Wall Street journal in an interview published yes such a timeline would make the Jet available a year or two before the first a3xx a year Boeing officials estimated developing a new 747 would Cost Between billion and billion far less than the Cost of an Al new aircraft such As the Boe Ings last Al new the Cost about billion to develop in the Early beings existing 747400 is the biggest Pas Senger aircraft capable of carrying 416 passengers the expanded version would carry 500 Passen Gers More than the double deck a3xx would seat 555 to 655 Condit said there is a Market for the Airbus plane and they will sell no question about beings final decision on producing the larger 747 wont be based on undercut Ting the he but on whether there is enough both Boeing and Airbus have been Dis cussing super jumbos at least As far Back As but to neither company has found enough airline interest to actually build Airbus Vic president Phillipe Jarry has said that if enough orders Are first deliveries of the a3xx could occur in Airbus officials have estimated there is a Market for of the super jumbo Boeing its mos recent annual Market released last Esti mates that Only 930 of the aircraft to be delivered Over the next 20 years will be in the 747 and larger and Only about 250 will be 500plus seat about three quarters of the jetliners delivered Over the next two decades will be single aisle and regional Boeing jobs on line at Quaker Oats App Chicago Quaker Oats disclosed plans yesterday to streamline and Canadian operations As part of a three year project it said could result in the loss of jobs a tenth of its work those ultimately Laid off May want to blame the runaway Success of the leading sports drink with sales of billion us a the chicag based food and beverage which also makes Quaker cereals and said much of the savings from the move will be slowed into an expansion of beverage manufacturing and capital improvements associated with there going to allocate the funds to the businesses which Are growing the and that said John an analyst for Pruden tial securities in new Quaker said the aim is to lower operating costs by removing inefficient assets and reconfiguring the Compa nys food and beverage warehouse and delivery among other details on Plant closings and Job cuts Are to be announced in the coming first class exclusively from Mercedes Benz credit of Canada getting your hands on an class has never been Wang your hands still remains a problem class 36 do sound tease Wutti stood Likin in pin i a so on fool qty cd t per Phi Indulal Lonestar motors 854nairn Winnipeg 204 6672467 greatest life co wants All of go life Canadian press greatest life co con trolled by Power financial is making a bid for the Sliver of equity it does not already own in subsidiary greatest life Assur Ance greatest which holds per cent of the common Stock of is offering Cash or 233 life co shares for each of the remaining there also Are options to take preferred shares or a combination of Cash and an Independent actuary has deter mined that the Security of the inter ests of the participating policyholders of their service expectations with respect to their and their future dividend expectations will not be diminished As a result of the said greatest whose Board of directors is also the Board of great West life v Chand Norman Sung Royal Trust Royal Bank action direct wow Evv i have one group that can handle my Day today investments and that real convenience Douglas Nethersole customer registered trademark of Ruyal a disk of Canada Royal Bank financial group is More than a network of financial its a network of people orking together to provide you with personalized Finan Cial advice and a Complete Range of through a single Contact in any one of our member you building one customer at a can Access a team of understanding specialists to help you manage every aspect of your financial in on the phone or through the theres one group for All your financial its a easy and More efficient Way for you to manage your financial Royal Bank financial group8 ;