Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 24, 2006, Winnipeg, Manitoba b8 Winnipeg free press thursday August 24, 2006 business trunk too Small can West clears hurdle hybrid to sell Irish to assets Deal expected to earn company $192.7m hondas the proposed Sale of can West global announced in May Worth a total of 265 ruled out As taxis by Larry Kusch l ocal taxi companies will not be putting hybrid Honda civics on the streets of Winnipeg anytime soon. In a unanimous decision the Manitoba taxicab Board yesterday denied a request by uni City taxi to change the rules regarding trunk cargo size said Board Secretary Jerry Kozubal. Uni City had requested the change to accommodate the hybrid civic which has Only 13 cubic feet of trunk space. The taxicab Board specifies trunks must contain at least 15 cubic feet of space. Kozubal said the Board Felt that Chang ing the trunk size rules would not serve the the Issue want dealing with the particular car Model it was dealing with the capacity of the trunk he said. Taxicab companies have been turning increasingly to hybrid vehicles which run on gasoline and electric Power As communications corp. Tax cos Tele vision assets in Ireland has cleared another hurdle and the transaction is expected to make the company $192.7 million can West said yesterday. Granada Media group Ltd. Has agreed to waive a Preemption right and sell its holdings in can West Granada Media holdings Ltd., owner and operator of the tv3 network Winnipeg based can West Joe Bryksa / Winnipeg free press archives said. Honda a hybrid civic does to have a big enough trunk to be a taxi. Granada Media a subsidiary of it pc holds 45 per cent of can West Granada Media holdings. Winnipeg Gas prices remain High. Said uni City owners were enticed by the based can West holds 45 per cent and a at last count there were 58 of the fuel hybrid civics lower sticker Price ? group of Irish investors an additional 10stingy hybrid Toyota Prises on the Road $27,200 compared with the Prius a Start and three hybrid Ford escapes. Duffy a taxi has led the Way in switching to hybrids with 49 Prises in service while uni City has nine on the Road. Sat Brar general manager of Duffy a said recently he expects that by year end at least two thirds of his company a 152-car Fleet will be made up of hybrid vehicles. Joan Wilson general Man Ager of uni City was not available for comment yesterday. The Board Felt that changing the trunk size rules would not serve the Public however in an earlier interview she per cent. Ing Price of $31,900. The Sale to private equity funds Man she predicted dozens of aged by Doughty Hanson & co. Hondas would wind up in the City a 409 car taxi Fleet if the Board okd her company a request. Dell pulls plug on do ditty players local Drivers and taxi officials estimate the Prius uses Dallas ? Dell inc. Has quietly pulled Only one third to one half the the plug on its do ditty music players gasoline of a Standard eight less than a year after the worlds largest Cylinder taxicab. Computer maker launched the device to the Manitoba taxicab compete with Apple computer Board consists of five ipod shuffle. Provincial appointees plus a the company stopped Selling the ditty Winnipeg civic represent on aug. 17, Dell spokesman Venancio Tive and a representative of Figueroa said yesterday. The Winnipeg police service. He declined to characterize the Deci. Sion As Dell bowing out in the face of Competition from Market Leader Apple. Get an employee Price discount up to $6,000 in delivery allowance. The Best = prices of and plus the year on All 2006 models. 0% Purchase financing up to 36 months. 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Delivery allowance applies to All 2006 models except caravan 28t, Viper sprinter ram 2500/3500 diesel and All srt8 models. 0% Purchase dancing for up to 36 month terms on All 2006 models excluding caravan 28t, Viper & sprinter models. Down payment May be required. Example $36,000 danced at 0% for 36 months monthly payment is $1,000, Cost of borrowing is $0 and the total obligation is $36,000. ? Purchase prices apply Only to 2006 Dodge caravan Canada value package 28tgrand caravan set 29kajscvvjprrazrdvxrv and ram 1500 Quad cab St 26aahcajhckedsanhmwf2 models. Prices in clude freight $1,200 for grand caravan $1,225 for ram and exclude License insurance registration any retailer administration fees and applicable taxes. ? $1,200 freight not included. 1 lease based on 24 month term for 2006 ram 1500 Quad cab St 26aahcajhckedsanhm wf2 total lease obligation is $9,926 @ 0% lease apr with $2,750 Down. ? lease based on 48 month term for 2006 grand caravan set 29kajscvvjprrazrdvxrv total lease obligation is $21,226 @ 4.0% lease apr with $2,650 Down. First months payment Down payment any retailer administration fees and $50 Pisa Are due at lease inception. Kilometres limited to 40,800 for 24-month terms and 81,600 for 48-month terms charge of $0.15/km for excess Kilometres. X this limited time offer applies Only to qualifying retail purchases delivered under the employee Price discount program without a Trade in by August 31, 2006 and is subject to a 5% re marketing fee based on Srp and $.3o/km mileage charge plus applicable taxes. Purchase taxes title and retailer administration fees Nance and insurance charges will not be refunded. Limited to one vehicle return per customer and does not apply to vehicles equipped with optional non molar equipment. Vehicle must be returned in like new condition within 30 Days of delivery. See million euros or about c$382.8 million is expected to be completed about aug. 31. Can West global also owns 100 per cent of can West Granada a sales representative can West Ireland sales Ltd., which is part of the Sale. Can West a other International operations include australian television Broad Caster ten group along with to and radio stations in new zealand and it recently paid $61 million us for a minor Ity stake in a group of turkish radio stations aiming to take full ownership if Turkey eases its foreign investment Lim its. On the tax yesterday can West shares closed Down 20 cents at $8.70. ? Canadian press he said the company is trying to focus on its Core areas of pcs printers and Flat panel televisions. Dell unveiled the ditty last septem Ber As a better value than the shuffle. Both devices store music on Flash Mem Ory chips. The ditty like the shuffle Cost us$99 and came with 512 megabytes of memory. ? associated press support continued from Page b7 our investment in Canterbury Park capital reflects our ongoing support for entrepreneurial ventures and invest ment capital in our province Manitoba Industry economic development and mines minister Jim Rondeau said in a statement. We Are particularly pleased to work with a group of business leaders that have demonstrated their ability to build businesses in Manitoba and across the at the funds launch last september the founding partners ponied up $70 Mil lion of their own Money a significant portion of the $200 million to $300 Mil lion they hoped to raise from institutional players such As pension funds and major financial institutions. Weinberg said the borrowing capabilities of Canterbury Park should allow it to invest in $400 million to $600 million Worth of companies. The fund has looked at More than 70 possible transactions across the country and internationally but it has yet to make an investment. Weinberg said its difficult to say when it will write its first Cheque. We have very stringent investment criteria. We re looking for the right fit. We re patient Canterbury Parks strategy is to buy controlling interests ? or minority positions where there is a Chance of obtain ing controlling interest in the near future ? of private companies and actively manage them before Selling them or taking them Public. Weinberg is founder former president and ceo of Assante corp., a Winnipeg based manufacturer and distributor in the financial services Field. Assante was sold three years ago to Toronto based i investments for $862 million. Canterbury Park is the second High profile private equity fund to be launched in Manitoba in recent years. In june 2003, Richardson financial group created Reg private equity up no. 1. By the following summer it had raised $325 million $50 million of which came from the Richardson family. It has made a number of investments in private companies across the country in a Range of sectors. The fund boasts a number of institutional investors including six Manitoba based pension funds ? Manitoba civil service superannuation Board Winnipeg civic employees benefits pro Gram Winnipeg police pension fund teachers retirement allowances fund workers compensation Board of Mani Toba and health care employees pen Sion fund. Check saturdays and sundays paper for contest details ;