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BC woman claims Jade hobby getting out of hand WM ma Premier Bill Davis steps aboard the new urban transit vehicle being tested at the Urban Develop ment Corporation test track near Milhaven Premier takes control 906th Ltd ts yesterdoyf Davis took over the controls for com plete run around the track CP Photo Hitch House moves to larger quarters Hitch House AMC Jeep in Barrie has new location on Highway 11 four miles north of the city with lot more space to display its wares and additional service area The dealership formerly located at 167 Bradford St simply outgrew its quarters Jay Forrest general manager says Although no definite move was planned they learn ed of the available space on Highway 11 and decided to grab the opportunity to expand he says The dealership is now situated on 10 acres with 2200 feet of frontage along the highway which Forrest con siders very impressive There is also an eight car showroom which did no exist before and the number of ser vice bays has increased by six I0 Canada on threshhold of development boom says head of Bechtel ST ANDREWS NB CP Eiiergy development projects will draw heavily on construc tion skills in anada during the next decade or more the presir dent of Bechtel anada Ltd said Wednesda Robert Paul told the Society of Management Accountants that anada is on the threshold of unprecedented resource development and must be prepared to cope with it Energyrelated expenditures could total $365 billion or 12 per cent of the total new productive business investment of $875 billion required during the next 12 years he said The challenge will be to organize this surge of construc tion with Canadas relatively limited store of trade and management skills Canada will be faced with serious train ing upgrading and related employment problems Population growth is ex pected to slow to an annual rate of one to two per cent during the next 10 years and the labor force growth to 11 from 35 per cent If Canada is to achieve its potential and meet its respon sibility for selfsufficiency in energy and increased resource development it must recognize the necessity of us ing global skills and expertise Canada must be prepared to relate to big projects with ap propriate management We must recognize there is an in creasingly global competition for highly skilled engineering and construction work IliIlIIElINE Herbert Pakrul vice president of Rio Algom Ltd told delegates that Canadian mineral resource production could decline dramatically within the next 10 years if pre sent trends continue Another look Some satirical looks at future not funny IIliIS GREENWOOD Theres paperback book just out about the future you may be interested in reading if you see it in the racks Its called The Future File by Paul Dickson an Avon book He dedicates it to the younger readers the seniors citizens of the early 21st century Its really quite scary because what used to look good when we were all so full of hope now with the growth of Big Government things are looking down As Arthur Clark sciencetiction writer of note has said The future aint what it Used to be But heres few cynical satirical if you like views of the future Ive extracted on highly selective basis from the book Even in their satire though theyre getting pretty close to the truth And it really isnt funny As said scary is mbre the word Here they are Ideological VI PNW Proposals for Positions Ind Future rum Horrified slim chance of Sweeping reforms world Humanist SurVIVIntl Chime government national and obsolescence planning Primitive Dommation Throw briefcases in Populist P01lh93d9d Pssudt lake restore common intellectuals Paimionate garrison state Pacifist fl Radical carcered civilization sense peaceful kingdom Small expei imental Forrest said the dealership employs 15 people and will pro bably hire two more salespeo ple in the near future The change of location hasnt phased customers according to Forrest since there are already clients at the new site He says Laying the 10minute drive from Barrie should not inconvenience customers at all Hitch House is now located next to another company dealership for trailers and mobile homes Both facilities are owned by Dave McKee ipeline pipeline crew lays pipeline beside Highway Edmonton which when completed will transport drinking water from the North Saskatchewan River 20 kilometres south of Edmonton CP Photo IDHLIIIIIL Rumblmg Revolutionary rcpressne racist imperialist capital Ist establishment CUIIIIIIUIIIIIL Confront and destroy the system other details worked out later More funds and Irgent lrbanist Decline and fall programs of cities Sider stepping provinces Emphatic Decline and fall Control contamin Ecoligist if everything else ators and restore nature Bailing Here pgv the Black everything Blackman mg flywher pig Stultified Entrapment in Inner and inter Student the world personal exploration and other relative learning 10 Frustrated jammy mum Finfilled futfill FemlmSl and frigidaires mm 300d Six years to retirement Long 00 Bureaucrat breaks Whats so alarming is that all those Ideological Positions are held now by extremely influential groups and whats more all our politicians who possess the power to make laws are whirling like dervishes trying to grant whatever it is those powerful ideological groups want What it all ends up with of course is that ultimately you get ticket it you cross the street and ticket if you dont Dont tell me its crazy know it isf DEASE LAKE BC CP Beulah Frazier insists shed rather be fishing than running her backroom jade business and worries that what started as hobby is getting out of hand Listening to her tell it it sounds as if Mrs Frazier sells the figurines carved in Taiwan from British Columbia jade and the bases and bookends she makes herself more as public service than to make money She said most jade dealers are ripping off their customers 75centimetre bear she sells for $45 would cost twice that in Jasper and about $80 in Van business couver Its ripoff she said know what its worth and theres no reason it should cost that much Mrs Frazier who left Card ston Alta with her husband eight years ago for this nor thern BC town that her business cards call The Jade Capital of The World said she cuts her profit margin because think everyone should have some If someone cant afford piece sometimes sell it at cost and give away lots too Im just trying to make people hap py That sounds crazy doesnt Smoking problem for corporations TORONTO CP Dr Donald Bews former medical director for Bell Canada who campaigned for years to get the utility to adopt smoking restric tions was once exasperated by young man smoking in com pany elevator He ordered the man to put out the cigarette immediately or he would have him fired The offender took long lux urious puff before replying Im sorry sir but dont work here Bell Canada still has no policy on office smoking but hundreds of other companies do In fact smoking in the work place has emerged as major problem for corporations with serious implications for workers Businesses are being pressed in growing numbers to segregate smokers and non smokers to restrict smoking to designated areas or to ban it outright HOT ISSUE Ive come to the conclusion that smoking in the work place is the hottest issue of all said Garfield Mahood executive director of the NonSmokers Rights Association Toronto based group that claims credit for 1977 bylaw that restricted smoking in many public areas of the city Ill be travelling all across the country this year and were going to make it the focus of our campaign Signs of changing attitude toward smoking in the work place are seen everywhere At Merle Norman Cosmetics Canada Ltd in nearby Brampton job applicants are told smoking is not beautiful habit and has no place in the beauty business Smoking is not allowed in the plant the offices or lunch room of Sluyter Chemical Ltd in Toronto If office workers at the Cana dian headquarters of Campbell Soup Co Ltd in Toronto want to smoke they can do so at their desks but only after quit tingtime LESS PUFFING Wholesale unit sales in Canada fell to 618 billion cigarettes in fiscal 1978 from 621 billion the previous year small but significant drop after unbroken years of climbing sales federal health department survey of almost 5000 employees showed that two thirds of nonsmokers wanted smoking restrictions in the work place The Ontario government has issued guidelines aimed at limiting smoking on the job petition from British Columbia Hydro employees produced ban on smoking in conference rooms and at meetings In precedentsetting deci sion in February an Ontario Hydro employee in Toronto was awarded workmens compensa tion after claiming she could not work because of office smoke Steel industry winning fight MONTREAL CP Canadas structural steel in dustry is winning the fight against construction slump at home by reaching out to foreign markets Marshall vice chairman of the Canadian In stitute of Steel Construction says high interest rates and in flation contributed to ending Canadas construction boom of the early 1970s but the steel in dustrys export sales have since been boosted to 20 per cent of the total market from previous average of two per cent The structural steel industry which provides steel for buildings and bridges depends heavily on construction in the industrial commercial and government sectors and building in these three areas now is in slump Three years ago sales volume for the Canadian steel industry was $500 million with exports accounting for just two per cent Volume dropped to $330 million in 1977 but regained momentum in 1978 with sales totalling $475 million Of the 1978 total exports ac counted for $95 million or ap proximately 20 per cent INDUSTRY EFFICIENT Marshall said 1979 sales abroad should equal last years sales and attributed the in business briefs BANK UPS OFFERING MONTREAL CP The Bank of Montreal is increasing the size of its floating rate debenture issue in Canada to $125 million from $75 million The interest rate for the offer ings first semiannual period would be 1125 per cent GRAFTON BUYS COMPANY TORONTO CP Grafton Group Ltd has agreed to ac quire Seiferts Inc privately owned Iowa firm which operates group of womens apparel stores in seven mid westem states Purchase price was not disclosed dustrys export success to devalued Canadian dollar highly efficient industry and assistance from the federal government The overall resources of the Canadian steel industry have made the Canadian industry more efficient than that of any other country with the price of the Canadian product the lowest in the world Marshall said Marshall president of Mar shall Steel Co Ltd of nearby Laval noted that his company which exported only to Ber muda two years ago now has markets in Trinidad the Ivory Coast Indonesia Equador the United States Argentina Bangladesh and Cuba Dear Sir ago incorporated service ice and staff This corporati Dollars sense Dentist concerned it She buys raw jade in 100 or ISOkilogram lots from mining operations in the mountains and sends some of it to Taiwan to be carved into seals bears Inuit and other Canadian motifs The cost of having it done domestically would be prohibitive She cuts bookends and bases tor the figurines on two dia mond saws in her backyard polishes the products in her kit chen and displays them along with jewelry and figurines in her living room She is reluctant to discuss how many items she sells the examiner Friday July 1979 because dont really want people to know Im doing it because they could come up and do it too It pays pretty well Jade and the sale of fishing licences are not the familys on ly source of income Husband Dave runs an aviation fuel sup ply business does some building with his son and serves as local justice of the peace and notary public None of these things alone would keep us alive so we have to put few of them together said Mrs Frazier who is quite content with the slowltpaced life in town of several hundred Bright idea Darlene Dietendorff holds General Electrics new Electronic Halorc bulb next to model unit The new bulb uses less electricity has longer life and fits standard sockets lt has high and low setting and is scheduled to be available in the United States in early l98l CP Photo that BC Rail was supposed to reach someday but probably never will The rail bed for the BCR ex tension is prepared most of the way to Dease Lake but con struction bogged down last year more than 300 kilometres to the south in sea of muskeg cost overrun and government in decision But its all right with Mrs Frazier if the boom the railway was supposed to bring never ar rives lherell be less business and more time to go after the rainbow trout in the nearby lakes Government cutting tape to eliminate customs forms OTTAWA CP The revenue department hopes to save millions of dollars and eliminate more than million customs forms by cutting the red tape that entangles govern ment officials and import export businesses The move is retroactive to July and will speed up the movement of goods into and out ofCanada One of the major changes an nounced Tuesday in state ment from Revenue Minister Walter Baker will affect 13 million shipments year by allowing commercial shipments worth less than $500 to enter Canada without entry permits or customs invoices Under previous regulations all imports required the forms as well as invoices Now small shipmeiit importers need only file what the statement called Casual Import Entry Form Form B8 It also said brokers and agents now may act for ini porters Previously they could not Export declaration forms have also been eliminated for shipments worth less than $500 Bills of lading or waybills are acceptable forms of declara tion This change will do away with 300000 forms year Businesses that export minimum of 250 shipments year worth minimum of $100000 will no longer have to file monthly forms on each shipment but may use general monthly summaries about losing money Alexander am dentist opera ting out of my own office Three years corporation to manage my of on is owned by my wife and the had to be reasonable It was these somewhat artificial profits which made the whole thing possible For example if your monthly expenses were $5000 for rent salaries equipment and supplies your profits were payable to her as dividends It seemed to me that this arrangement was saving us money on income tax understand that the law has changed and can no longer make use of this company Is this true PI Dear The use of service corporation does indeed save you tax money There are three man reasons for this The service corporation results in lowering your income from your professional practice This reduction in your tax able income saves you income tax at your marginal rate of taxation In 1978 taxable income between $36501 and $59319 was taxed at rate of 5184 per cent Therefore reduction in taxable income of $1000 reduces tax by $51840 The taxable income was being diverted to your wife who would be in lower tax bracket particularly if this was her only income The dividend tax credit would lower the total effective rate of tax paid by the corporation and your wife Over the last five or six years Revenue Canada was fighting losing battle against the use of these service cor porations couple of years ago it looked like they had declared truce and had accepted them as legitimate device provided that they were properly incorporated and all transactions were documented accurately In addition the amount of profit generated by the service corporation service corporation would pay all the expenses and bill you the $5000 plus mark up of 15 per cent $750 Over the course of year this mark up would total $9000 which has effectively been transferred as income from your to the cor poration then to your wife The 15 per cent was generally acceptable to Revenue Canada on salaries equipment and supplies but probably unreasonably high as mark up on office rent This uneasy truce was broken last October when the late Liberal government proposed legislation to withdraw the small business deduction from such service corporations ef fective with the first fiscal year commencing after December 31st 1979 This legislation did not pass parliament before the elec tion and at the moment it is uncertain whether such legisla tion will be reintroduced by the Conservative government As the federal government is going into the hole at rate of over $12 Billion per annum and as the finance department bureaucrats will be pushing for it it is likely that some legislation curtailing service corporations will be enacted If the legislation is reintroduced as proposed by the Liberals the service corporation would still be useful to split income by legitimizing the payment of salary or directors fees to your wife In the meantime continue to enjoy the use of this valuable tax planning device