Winnipeg Free Press

Winnipeg Free Press (Newspaper) - June 26, 2012, Winnipeg, Manitoba C M Y K PAGE A6 A 6 TUESDAY, JUNE 26, 2012 MANITOBA winnipegfreepress. com WITH THE GRAND OPENING OF BIRCHWOOD KEYSTONE FORD, WE'RE CELEBRATING WITH OUR SWEET SIXTEEN S A L E S E V E N T SIXTEEN DAYS SIXTEEN DOLLARS SIXTEEN DEALERSHIPS Birchwood BMW 452.7799 MINI Winnipeg 897.6464 Birchwood Chevrolet Buick GMC 837.5811 Birchwood Honda On Regent 661.6644 Birchwood Kia 667.9993 Birchwood Hyundai 633.2420 Woodhaven Toyota 889.3700 Woodhaven Lexus 889.3700 Volvo Winnipeg 452.0756 Land Rover Winnipeg 452.8030 Birchwood Nissan 261.3490 Birchwood Infiniti 261.3490 Birchwood Honda West 888.2277 Birchwood Kia West 888.4542 Jaguar Winnipeg 452.8030 Birchwood Keystone Ford 661.9555 JUNE 2012 6 S M T W T F S 1 2 3 4 5 7 8 9 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 13 JUNE 14 TH TO JUNE 30 TH Dr ive .. i .. awa .. ! birchwood. ca VISIT ANY ONE OF OUR 16 DEALERSHIPS WHERE IF YOU HAVE $ 16.00 YOU COULD BE DRIVING AWAY IN THE CAR OF YOUR DREAMS! *$ 16 Drives it away is available on all purchase finance agreements for new and pre- owned vehicles until June 30, 2012 at all Birchwood dealerships O. A. C. and available on new vehicle lease finance agreements until June 30, 2012 O. A. C. at some Birchwood Dealerships on select models. See individual Birchwood dealership for details. BRATING ONLYFIVE DAYS LEFT FUTURE SHOP - CORRECTION NOTICE NEWSPAPER RETRACTION FOR THE FUTURE SHOP JUNE 22 CORPORATE FLYER On the June 22 flyer, page 24, this product: Haier 7.1 Cu. Ft. Chest Freezer ( HCM071AW - WebCode: 10166692) was advertised with an incorrect size. Please be advised that the freezer is in fact 7.1 Cu. Ft., and NOT 7.9 as previously advertised. We sincerely apologize for any inconvenience this may have caused our valued customers. W HEN he heard about the fire, he drove out the next day to see what remained of the MS Lord Selkirk for himself. But seeing the burned- out ship, set ablaze last week in what police believe was the work of arsonists, didn't make him feel any better - the memories run too deep. " Seeing the scorched marks of its interior, that's how that boat should look to me," he said Monday. " I wanted to get on that boat with a sledgehammer and pound the s--- out of it." The 50- year- old was one of 14 men who stepped forward a decade ago to tell police they had been sexually assaulted on the boat as young boys in the Lord Selkirk's heydays in the early 1970s. Their stories led to the conviction of former first mate Robert George Lemieux in 2004. Lemieux worked on the Lord Selkirk in 1973 and 1974 before going east to work on the Great Lakes. He preyed on young boys during the summers the Lord Selkirk sailed Lake Winnipeg by offering them rides on his mini- bike or free ice cream in exchange for sexual favours. Lemieux was sentenced to four years in prison and died shortly after his release. Police said a decade ago they believed the victims who came forward were just the tip of the iceberg. " It was a horror show, for sure, and more than we'll ever know," a former investigator said. The man, one of the first to come forward a decade ago, said he's speaking out again to let Manitobans know the Lord Selkirk should not be portrayed as a vital part of Manitoba history. " A lot of lives, including mine, we're affected by what happened on that boat," he said. " One man caused a lot of carnage." The fire broke out last Tuesday and took several hours to extinguish. RCMP continue to investigate. The boat is to be cut up for scrap. " I have to deal with this for the rest of my life and to think that I can forget it and put it aside and never worry about it again, that's a farce, that's a myth, because you just don't," the man said. " I turned 50 this year, but there are days when I feel like I'm 10 again because I can't keep it together." bruce. owen@ freepress. mb. ca THE Manitoba Securities Commission has reached a settlement with one of the two outstanding directors of the Crocus Investment Fund, bringing the nearly eight- year- old saga one step closer to the end. The regulatory body has come to terms with Ron Waugh, an appointee of the provincial government, who spent a total of just 79 days on the Crocus board in late 2004. " Unlike the other directors ( who settled last October) he wasn't part of the group signing off on the share- value certificates each week," said Doug Brown, director of legal and enforcement at the MSC. " That put him in a slightly different category." The eight directors who settled last October admitted to a number of allegations, including the fact that even though they knew a significant devaluation of shares was imminent, the board permitted sales and redemption of shares at prices vastly higher than the price that was being contemplated. The sanctions against Waugh include trading restrictions on securities until Oct. 1 except in his own personal account. The last remaining director is Robert Ziegler. whose hearing dates will be set shortly. " It is still possible there could be a settlement at some point. Right now, nothing is imminent," Brown said. Crocus, once the darling of Manitoba's venturecapital scene, ceased trading amid allegations of serious errors with the valuation process of its investee companies in December 2004. Since then, it has been the subject of a scathing report from the auditor general and a class- action lawsuit and was forced into receivership. According to the most recent quarterly report by Deloitte, the longtime Crocus receiver, the fund still has $ 7.2 million in cash and equivalents, accounts receivable of about $ 3.8 million and its net carrying value of the remaining investee companies is approximately $ 8.4 million. Last December, the receiver approved a $ 9- million distribution to 33,500 long- suffering Crocus shareholders. Two years earlier, the receiver approved a distribution of $ 54.7 million. geoff. kirbyson@ freepress. mb. ca PEDESTRIANS will get a heads- up about how much time they have to cross Portage Avenue and Donald Street. This Wednesday, the City of Winnipeg will install a pedestrian countdown signal at all four points in the downtown intersection to indicate the number of seconds remaining to cross the street. It's Winnipeg's first countdown signal and is part of a pilot project to test the devices. Traffic- signals engineer Michael Cantor said the devices are mandatory at some intersections in the United States, and other Canadian cities have also installed them. He said Winnipeg traffic officials decided the downtown intersection would be a good place to test the device, since there is a high volume of foot traffic and it is close to the MTS Centre. " If you decide to start ( crossing) later, at least you know how many seconds you have," Cantor said. It costs up to $ 10,000 to install the devices at an intersection. Cantor said the city plans to review feedback from a survey at the downtown site and consider whether the devices can be installed at other locations. He said there are some technical challenges involved in making the device a permanent fixture on city streets since the new software in Winnipeg traffic- control signals doesn't support the countdown system. Cantor said the city will work to address this challenge. MSC settles with second- last Crocus director By Geoff Kirbyson Winnipeg counts down to countdown crosswalks Ghost of child abuse haunts shipwreck By Bruce Owen PHIL HOSSACK / WINNIPEG FREE PRESS ARCHIVES Firefighters stream water into the wheelhouse of the MS Lord Selkirk after it was set ablaze last Tuesday. A_ 06_ Jun- 26- 12_ FP_ 01. indd A6 6/ 25/ 12 8: 13: 00 PM ;