Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), November 28, 1987, p. 12

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markhambased firm dumping charges on hyundai may lessen by alex law hyundai auto canada inc believes that the final ruling on the charge that its dump ing cars will see a reduction in the penalty imposed by ottawa earlier this week deputy re- venue minister louis huneault said that his depart ment felt the markhambased firm was indeed dumping cars which means selling them for less in canada than they cost in their country of origin underpriced the department must con clude that hyundai motor companys costing system does not appear to reflect actual costs costs tend to be spread over all vehicle pro duction and improperly allo cated to production areas and models huneault said they were underpriced by an aver- you mis mm missed the opening events atthenew mnonalbankin yourneighbourhood but you havent missed these exciting new opportunities be a bonus saver when you bring your business to us some very special rewards are yours just a few of the exciting bonus saver bonuses area 100 interest credit on your new car loan an elegant 200 leather portfolio ensemble with calculator and pen a 10000 line of credit with one years free enrollment in the gold mastercard plan commissionfree mastercard travellers cliques were different and were ready to prove it well provide you with all the high quality highly competitive financial services you need the national bank is one of the major banks in canada but we havent gotten too big to care about you as well as your money of course you want your money any lime of night or day so our new branch offers you the con venience of an automatic banking machine comfortheopeningyoullstayforthewaywedo business 4997 highway 7 markham ontario monday to wednesday 1000 am to 430 am thursday and friday 1000 am to 800 nm tel 4749811 national bank of canada get ml tails at mir new national hank branch age of 363 per cent that is the figure hyundai spokesman greg young says his firm hopes to see reduced when the ministrys final rul ing is made in 90 days theres a lot of important stuff that they still havent seen young says involving model similarity material costs and other information from korea margin reduction when that material is made available young says were quite confident that well see a reduction in the margin that it wont be 36 per cent in 90 days until that time however hyundai will be taking some sort of steps to ensure that much money is put aside for each of the cars it brings in starting tuesday the ruling does not apply to the nearly 20000 vehicles mostly excels that it has in stock newmarket plans young says that the firms top executives are in korea this week dealing with product plan ning matters subsequently no decisions will be made for some time on what action the com pany will take either on the dumping charges or the possi ble effect cost increases will have on the firms plans to build a parts plant in newmarket or an assembly plant in bromont quebec buyer interest on the positive side for hyun dai media reports of the im pending rise in prices has gener- ated traffic in dealerships across the country young says that most of the dealers he spoke to said they sold three cars the day after the announce ment he expects buyer interest in hyundais lowpriced cars to continue ford of canada and general motors of canada initially brought the dumping charges against hyundai green kt32 m main sl pari fq wpoos markham babltb fctsr 2944773 book shop make christmas pudding in 10 minutes on sat dec 10 louise dawe author of microwave cooking tips and times vol i will be at green gables book shop to demonstrate how to make christmas pudding in your microwave and answer any questions about microwave cooking plan to attend 1 1 00 1200 noon ooooooooooo oo oo vvv v vv vv v v v v 8 g5zg yy yy s x r g toronto arka rail transportation oi dangkrous goods task forck vwjs public invitation a task force to the minister of transport the honourable john c crosbie is examining the flow of dangerous goods through the toronto area rail network to find ways of reducing risk the toronto area covers metropolitan toronto and the regional municipalities of durham york peel and halton an information dropin centre will be held in each of the five regional municipalities to present consultant findings and to enable the task force to receive public comment the dates and locations of the information centres arc as follows december 287 york december 887 peel december 987 metro toronto december 1087 durham elgin barrow arena 31 church street south richmond hill grecnbriar recreation centre 1 100 central park drive brampton metrocentral ymca auditorium 20 grosvcnor street toronto centennial building 400 centre street south whitby december 1587 halton milton memorial arena 77 thompson road milton staff will be present from 500 pm to 900 pm to answer questions and to discuss the findings the impacts of route and operational options will be shown any questions on the dropin centres can be directed to the task force at 4900 yonge street suite 200 willowdtly ontario m2n 6a5 lr kidman dofccfhhctotl416 2244030

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