Winnipeg Free Press

Winnipeg Free Press (Newspaper) - November 7, 2006, Winnipeg, Manitoba Lqqlshj?v3uhplhuh,, november 7, 2006 cops do business re frus Rudh Qaq Fth dog Thuy Luhv Foo Xiv do editor Steve Pona 697-7264 i Market details b7 i i b4 re Al vow Rhu Zhe Vlah Zzz mrs ads Lido Fps pts 12,333.28 94.24 Dow 12,105.55 119.51 Nash a Dollar Oil Gold 625.80troy of 1.10troy of 88.57?u.s. 60.03barrel 0.88barrel 2,365.95 35.16 0.02?u.s. Its reports losses gains fighting Tough Battle is. Shaw . by Geoff Kirbyson Phil Hossack / Winnipeg free press losses in its traditional Long distance and land line businesses helped fuel a Arni Thorsteinson says plans for terminal include new office and perhaps retail space and a new Home for the Western Canada aviation museum. 10 per cent decline in its Al Stream a third Quarter profits the company revealed monday. The Winnipeg based telecommunications company reported a profit of $40.5 million 60 cents a share for the three terminal plans flying month period ended sept. 30, Down from $45.1 million a year ago 67 cents a share. For the january to september period new Home for aviation museum mass profit was $83.3 million $1.23 a facts on Winnipeg International Airport shameless than half the $199.1 million $2.94 a share brought in a year ago. Part of shelters renovation scheme 400,000 so. It. ? size of current Ter facts on the Western Canada aviation in its consumer markets division the Minal building museum Manitoba part of the business its 90,000 so. It. ? size of the existing Cating the museum into our new devel-600,000 so. It. ? size of new build reported gains in its wireless and Tele by Kevin Rollason Ozment Thorsteinson said. Ing scheduled to open in 2009 museum at Airport vision units but declines in data local 1964 ? existing terminal opened 150,000 so. It. ? museums pro it would use 150,000 Square feet so phone services and Long distance ser $350 million ? Cost of new Termi posed size in revamped terminal s helter Canadian properties it would be the Lead vices. Nal building. Terminal construction 1974 ? year of incorporation. It is one Ltd. Has won a Competition to Thorsteinson said the museum Pierre Blouin ceo of its a knowl will begin in january with the 1,599 of Only six museums in the province to overhaul the terminal building would be a perfect fit for the terminal edged its has been negatively affected stall Parade to be completed this be designated As a theme museum. At Winnipeg International Airport even though it would require an Addi by the july 2005 entry of Shaw comm month. The numerous aircraft on display saving the Structure from the wreck Tion to the building to allow for the $572 million ? total Airport Reevel include the country a first helicopter a cations into the local phone Market. Ers Ball. Movement in and out of the museums Ozment Cost including parking Termi the most Complete Vickers Viscount in we Are losing customers in the win Arni Thorsteinson president of Shel collection of aircraft. Nal plus roadways civil site works and the world a replica of an Avro car flying Nipes Market. Shaw has been very Ter said monday his plans for the its a Large step for them the Saucer and the Only super Fokker aggressive with pricing but we have400,000-Square-foot building include scam to take and requires consid infrastructure. Universal remaining in the world. Positioned ourselves As the one Stop full new office and perhaps retail space As Erable financial support from the Pri product provider. Its a very interesting Well As a new Home for the Western vate sector and the government he competitive Battle he said in an inter Canada aviation museum. Said. And he is working with the museum Render said More room would allow View monday. Winnipeg airports authority will but Thorsteinson said if the scam Rempel said. The museum to rotate the aircraft it local phone service revenues fell to vacate the terminal once its new $350 in table to come up with a feasible we be been working with him in has on exhibit and to have enough $134.4 million from $148.4 million on a million building opens in 2009. The new business plan we have alternative developing the whole Campus. Well space to develop Story boards detail year Over year basis while Long distance terminal will be 50 per cent larger than plans for the site which he would tend up with a lot More things for peo ing information about each aircraft. Revenues dropped to $99 million fro the old one and together will comprise divulge. Ple to we want to be telling stories to put $117.7 million and revenues in data ser one million Square feet of space at the Thorsteinson would to divulge Finan Rempel said even under the current the human face behind our Machin vices fell to $165.6 million from $170.7 Airport. Cial figures for the terminal overhaul. Plan parts of the terminal will still need Ery she said. Million. Thorsteinson said his Huntington the Airport is spending $572 million to be demolished. Sandy Shindleman president of operating revenues in wireless Wedereit real estate investment Trust on the new terminal a Parade Road hell Thorsteinson develop it Shin Dico realty said he would expect $61.5 million for the Quarter up from was the successful bidder on last years ways and other civil site works and using As much As he that the companies which would take $54.5 million a year ago. Revenues in it proposal Call by the waa for develop infrastructure. The project is being Shirley Render the cams exec office space inside the terminal would other category which includes its dig ment proposals for the current Termi funded through the Airport improve Tive director said monday an be those that Are linked with aviation ital television offering were up Fromal. The Waas other option was to tear ment fee. Announcement on the museums move As Well As those which Host travellers $16.4 million a year ago to $17.4 million it Down. Last year Huntington reit Pur is premature because they Are still to meetings and conference oriented in the just completed Quarter. Thorsteinson said his successful bid chased the 18-Storey Newport enter working on a business plan. Users. On the plus Side Blouin said its this Good news for the Western Canada at 330 Portage ave., for $13 million and but Render said the museums Board with relatively Low capital costs has reached 25 per cent Market share aviation museum the country a Sec the Multi tenant office Industrial prop of directors Are confident they can do it. Rents could be attractive he said. Less than three years since its launch Ond largest. The museum is housed at erty at 80-88 Fennell St., for $1.2 Mil we expect we can show this is going but Shindleman said getting retail which is the highest penetration of any the Edge of the Airport in the original lion. To be a go situation she said. Tenants would be a Challenge unless broadband television product in North passenger terminal of trans Canada Barry Rempel the Waas president we re following a flight plan. We it is a destination retailer with Anchor America. Airlines now air Canada but the site and ceo said he a pleased with the want to do this right. We Are looking drawing its said it is on Pace to Cut its Annu is in need of renovation. Way things Are going. To the corporate Community and to the Ali Zed costs by $120 million by the end of a major part of the proposal is Relo Arni has been the most aggressive Public community.?. the year ? $20 million and one year ahead of schedule. For the first nine months of the year it has realized Cost savings of $69 million including $21 Mil lion in the third Quarter alone. Blouin said the company is on the right building Industry on Pace track during a difficult period of intense Competition both in Manitoba and across the country. To set record for permits i think we re doing much better than we were nine or 10 months ago. Our in an interview. And there Are still lots growth businesses Are growing solidly by Murray Mcneill of projects in the Hopper. So we expect to and our margins Are improving he said. Finish the year Blouin said the company is inching Manitoba is on Pace to set a record wac president John Bockstael said he closer to the completion of its top to Bot an architects for the highest Dollar volume of build also expects the record to be topped this Tom business review which was rendering of the City sing permits issued in the province in a year. Announced in january and plans to pro $300-million water single year construction Industry offi we re firing on All cylinders Bock vide a forecast for 2007 before the end of treatment Plant. Vials say. Stael said in an interview. There a work december. He said the company is con new statistics Canada figures tinting to examine various strategic released monday show there were $1.05 Hambley said most construction some major building projects in Winnipeg alternatives but last weeks announce billion Worth of residential and non res Crews Are working Flat out these Days to ment by the Federal government regard Here is a list of some of the major pro ment building being constructed at 85 identical permits issued in the province try and get building foundations poured ing increased taxation on income trusts jets valued at $500,000 or More for Paget St. During the first nine months of the year. Before the ground freezes and the real May have thrown cold water on that which the City of Winnipeg issued build. A new $6-million, three Storey apart that a Only $100 million shy of the sin by cold weather sets in. He said while option. Ing permits in september of this year ment building being build at 905 Gle year record of $1.15 billion set in Many types of construction work can be we believe its prudent to look at the Shaftesbury blvd. 2004, and with three months Worth of done year round now it takes longer and announcement and understand the imply. A $17-million, 2,620-Square-foot Addi. A $4.5-million renovation to a five permits still left to tally construction costs More to do it when its bitterly cold. Cations on the Market and on our share Tion to the City a West end pollution Storey office building at 60 Osborne St. Industry officials expressed Confidence so construction firms try to get As much holders. But its made a possible control Centre at 7740 Wilkes ave. N. Monday that a new Standard will be set. Done As possible while its still reason conversion to a Trust a whole lot less. An $11-million renovation to the. A $3.1-million renovation to the for we Haven to had a significant slow ably warm. Canadian wheat Board building at 423 Mer Birks building at 276 Portage ave. Attractive for us he said. Down at any Point this year Ron Ham main St. Bley executive vice president of the continued. A new $6.3-million, four Storey apart source City of Winnipeg continued Winnipeg construction association said please see permits b6 please see its b6 Star certified pre owned vehicles Only Star certified financing pre owned vehicles come starting from with these great features ? 150-Point certification inspection 2.9% ? warranty up to 6 years or 120,000 pm ? 24-hour Roadside assistance the difference ? Only Mercedes Benz original replacement parts ? Complete service history ? online search at is in the details. Buy with Confidence at your local Mercedes Benz Dealership ;