Barrie Historical Newspaper Archive

Barrie Examiner, 29 Sep 1979, p. 10

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10 the examiner Saturday Sept 29 1979 Sinclair Stevens insists Might sell companies at loss By CAROL GOAR OTTAWA CP The Con servatives moved one step closer to fulfilling their election promise to return several gov emmentowned businesses to the private sector Friday by naming eight Crown corpo rations for which buyers are beingsought The companies with com bined assets of $8043 million are Canadair de Havilland EI dorado Nuclear and Northern 15 at Transportation Co Ltd and their subsidiaries Canadair Inc Eldorado Aviation Eldor Resources and Grimshaw Trucking and Distributing Treasury Board President Sinclair Stevens told reporters he has notdecided whether to distribute shares to the public look for bids from single buyer or sell blocks of shares Neither is the govemment prepared to commit itself firmly at this point to follow ing through on all eight sales Weve got to find out how serious buyers are once they understand the economic situ ation of these companies he said Many people who say they want to buy Crown cor poration like Canadair are talk ing without any true knowledge of their worth or status Stevens expects the proceeds of the sales to be in the $200 million range VIIGIIT SELL AT LOSS Although this is only slight agree to take over any impor tant social or regional services performed by former Crown company The government would have the option of declaring on second thought that it was no longer interested in selling Crown corporation already named The assets expected eam ings and market strength are balanced against the debts in ternal problems and other obli gations of Crown agency in deciding an appropriate selling price The proposed sale of the eight Crown agencies il lustrates the difference bet ween the Conservative ad ministration and its Liberal gain from the $187 million the predecessor Stevens told federal government originally reporters paid for the companies Stevens They had tendency said it will be such relief to get rid of certain debtridden companies that the government would consider selling them at aloss He has asked the study group to work out selling plan under which Foreigners would be pre vented from acquiring control of the former Crown agencies once they became private The new owners would always to study and never to decide while the new govem ment is determined to act he said FIRST COLOR AERIAL The first natural color photography was made from the air in 1930 The view of Washington was taken by Melville Bell Grosvenor of National Geographic from the dirigibleMauflower Reiects Indian equal demands OTTAWA CP The federal government has re jected Indian demands for equal participation in constitu tional talks but hs agreed to give them limited role at federalprovincial conferences Noel Starblanket president of the National Indian Brother hood said Friday Starblanket spoke after twohour meeting attended by Indian leaders Prime Minister Joe Clark Indian Affairs Minister Jake Epp and several other cabinet ministers Although we did get ongo ing participation we did not get equal partnership as an In dian government with the first ministers Starblanket said He said native groups will participate at constitutional talks on matters that affect claims constitutional talks and Indian Act amendments The brotherhood represents 300000 status Indians who receive federal benefits and protection under the Indian Act REJECT CONCEPT Native groups representing 15 million people say they want their rights entrenched in the constitution They have rejected the concept of two founding nations French and English and want equal par ticipation at constitutional talks They have never been granted more than observer status Their demands were fuelled by the Task Force on Cana dian Unity report made public in February urging federal and provincial governments to begin direct negotiations with CONDENSED CAMPBELLS TOMATO SOUP 599 SPECIAL EMPIRE BRAND RINDLESS I0 FLOZTIN UMIT 10 TINS BREAKFAST BACON 88 LB PKG them the countrys First Cana But Epp said those areas dians LIMIT hage yielt tokbe identciified The report said native PKGS tar an et sai areas peo les had cial legal walks thOUgh downtown Nassau concern include offshore stagis sincepsvell before PER FAMILY Britains Princess Anne smiles as she walks through the streets of downtown Nassau Friday before unveiling plaque for the new Parliament building here Princess Anne will read message from the Queen Saturday morning on the 250th Anniversary of Parliamentary government in the Bahamas AP Photo Former terrorist fights 149year iail sentence MONTREAL CP Pierre Paul Geoffroy former ter rorist assessed 124 life sentences for his part in bomb ings began legal action Fri day to find out why the Na blanket guilty plea to 129 charges arising from 31 ter rorist bombings Since February 1976 when Geoffroy became eligible for full parole the board has tumlt does not voluntarily grant ac cess to the file the case will be argued in coUrt on Nov spokesman for the parole board withheld comment on theaction resources mineral rights land Confederation TOTAL ABSTAINERS ARE YOU PAYING TOO MUCH FOR HOUSE INSURANCE $76 YEARLY BUYS ALL OF THIS ABSTAINERS INSURANCE 545000 Home 34500 Garage S22500 Contents £52250 Theft away from premises 59000 Extra Expense tional Parole Board has ed down his applications four But he noted that under 1977 repeatedly denied him parole times most recently in April federal legislation all slooooo Llab His lawyer Robert MUST WAITA YEAR prisoners have general right Lemieux filed petition ask ing federal court to order the parole board to give Geoffroy access to confidential files on him that he says are er mneous The former member of the Front dc Liberaton du Quebec says he has renounced terlt rorism and wants to pursue career in physical education Geoffroy 34 was assessed 24 life sentences plus 25 years in jail in 1969 after entering GEORGIAN COLLEGE CONTINUING EDUCATION The latest ruling means he will not be eligible for day parole again until next April and for full parole until April 1981 Rather than attempting to have the courts quash the parole boards ruling Lemieux said Geoffroy has decided to proceed indirectly by attemp ting to gain access to his file There has to be something and wed like to see it he told reporters If the board Languages for business culture or travel FRENCH GERMAN SPANISH to have access to their parole board files Under the law the solicitor generals department has the right to withhold information on variety of grounds in cluding threats to national security the prisoners treat ment program and physical security PLUS at no extra cost Credit Card Endorsement Glass Coverage Trees Shrubs t$500 Medical Payments ALSO REDUCED AUTOMOBILE RATES When your insurance comes due stop in to see us or call Mallory Insurance Agency Ltd 45 Collier St Barrie 7286100 Spanning the Centuries with Crafts Compare Crafts and Skills of the I7th and 20th Centuries III SainteMarie Among The Hurons Hwy I2 miles east of Midland Sunday Monday Oct 7th 8th I0 am pm SPECIAL CORONATI ON FROM CONCENTRATE DOMINION BREAD BUTTER 32 FL OZ BTL ED SMITH GARDEN GOOKTAIL ZBFLOZBTL ORANGE JUICE 64 FL 07 BTL SPECIAL MACARONI 8i CHEESE KRAFT DINNERS 2259 PKG PER FAMILY I7th CENTURY SKILLS omcxsmrumc omrmm ouunon POTTERY KILN 201R CENTURY SKILLS oronm SEWINGOUILTING GLASS STAINING Conversational FRENCH Starts October 15 Mon Wed Conversational FRENCH ll Starts October 15 Mon Wed Conversational FRENCH III Starts October 16 Tuesdays Conversational GERMAN Starts October 25 Thursdays Conversational SPANISH 7I0pm LIMIT BILS PER FAMILY 7I0pm 19 LIMIT PKGS PER FAMILY 7IOpm AND MUCH MORE Regular Admission Rates Students 75 7IOpm Starts October IS Mondays Each course 45 hrs 7l0pm Adults $150 Children 25 FEE $6000 includes text and handouts 60 years of dependability Business SPANISH Starts October Mon Wed weeks 35 hrs Conversational SPANISH Starts October 25 Thursdays I0weeks 25 hrs 73010 pm Fee54500 730l0pm FeeSI000 among the Huots 263971649 Sairteivtane au pays Jes Hucns MmSlY Ol Culture and Recreation Hon Reuben 88m Mmlsle WE RESERVE THE RIGHT TO LIMIT countries DOMINION srones LIIMITED Ontario For further information Telephone 705 728 951 AMA

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