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Brandon Sun Newspaper Archives Apr 10 1990, Page 3

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Brandon Sun (Newspaper) - April 10, 1990, Brandon, Manitoba Royal Bank Cibic Bank of Montreal Scotia Bank Toronto Dominion National Bank Canada Trust Royal Trust Central guaranty v g. National Trust Montreal Trust the Best movie Oscar went to the movie a Quot Elvira Quot topped the country charts. A the first Kodak disc camera was sold. A the first Canadian reached the top of mount Everest. A the new York islanders won the Stanley cup. A Pierre Trudeau was prime first lotto 6/49 Jackpot was $90,102. Since then Over $4 billion in prizes have been won be part of history april la 1990. Buy your lotto 6/49 ticket 1982. Brandon Sun tuesday april to 1990 local agribusiness 3 / _ figures effective april 9 interest rates this week working Cooks hit the books chefs association acc offer unique course for Cooks by Leah Bradish Sun staff the first wave of graduates from a unique chefs program at Assiniboine Community College received their certificates monday night. A from what we hear ifs the first of its kind in Canada. And mondays graduates Are the first to go through it a said David Agnew coordinator of the Brandon and District chefs association. The program is for Cooks who have been in the Industry for five years but do not have their inter provincial red Seal. A we assume they already know a lot of it but the refresher course in theory gives them the knowledge they need to Challenge the provincial exam a Agnew said. A under the trades qualification act anyone with five years working in the Industry can Challenge the if the Cooks pass the exam they receive their inter provincial red Seal a which gives them the ability to work As a chef anywhere in Canada except Quebec. A the reason for the program is that Manitoba is behind the rest of Canada in the growth rate for the food service Industry. Manitoba is behind the rest of Canada because they be Only the chefs association has been contracted by the College to carry out the program for another year a and they will be taking it on the Road Agnew said. A we Start another one in Russell immediately then we Are looking at Clear Lake in late summer a few More in Brandon before Christmas and into the Southwest in 1991.�?� stops on the Southwest tour of the program include Boissevain Killavey Melita and Virden. A the course is needed throughout Westman and we know a lot of these people can to come to us so we Are taking the instructor to the Community a Agnew said. The association will also be offering skills enhancement seminars for chefs who have their inter provincial red Seal he said. A that will involve a special area a such As knife work More detail on sauces International and Continental classic Agnew said the course is important in filling a Gap in qualified food service personnel in Manitoba. A right now food service is the third largest Industry in Canada and by the year 2000 ifs projected it will be the largest. We have a shortage of people so these courses will raise the profile of the Industry get people interested and help us to train people to meet the demand a Agnew said. A a it a a big growth Field and this is an opportune time for anyone who is serious about cooking As a career to get involved in the loonie goes skyward As markets gearing up for interest rate jump by Clyde Graham Canadian press Ottawa a the Canadian Dollar jumped above 86 cents us for the first time in three months monday As markets anticipated a Rise this week in the prime interest rate Banks charge their Best customers. A the currency is like a big Magnet a said Mark Ellerbeck a Dollar trader at the Canadian Imperial Bank of Commerce. The Dollar climbed As High As 86.17 cents us in trading monday before closing at 86.09 cents us up a fifth of a cent from fridays closing level of 85.89 cents us. Ellerbeck said the Dollar climbed on the strength of signs the Banks will be forced to raise their prime lending rates from 14.25 per cent by week s end and statistics released Friday that showed a Sharp drop in unemployment. A everyone is very bullish on the Canadian Dollar a he said adding that there is sentiment that could carry the loonie to the 86.56 cents us Peak it reached Back on Jan. 18, its highest level since the Early 1980s. Trading in 90-Day Treasury Bills indicated that the Bank of Canadas Bank rate could climb to 13.65 a from All Tho technical arguments the Banks would have to move. There is a lot of head scratching going on about monetary a George Saba Montreal Trust economist per cent on wednesday from last weeks level of 13.57 per cent. That would be enough to spark a Rise in the prime to 14.75 or even 15 per cent economists said. A from All the technical arguments the Banks would have to move a said George Saba chief economist at Montreal Trust. A everyone is geared up for a prime rate Rise a said Cheryl Dick an economist at Burns Fry Ltd. A Rise in the prime would mean a similar hike in rates for Short term consumer Loans currently running at about 15.25 per cent Canadian interest rates a More than five percentage Points higher than those in the United states a have been attracting foreign investors and that a kept the Dollar at High Levels. A High Dollar makes Canadian exports More expensive but Means imports Are cheaper. Saba said the Rise in the Dollar is putting additional pressure on John Crow the governor of the Bank of Canada who has kept interest rates High to Cool the Economy and to keep a lid on inflation. Inflation was at an annual rate of about 5.4 per cent in february. On Friday the Economy showed no sign of a nose dive As the unemployment rate for March fell to 7.2 per cent from 7.7 per cent the month before. Saba said Many economists Are troubled that crowds policy has failed to reduce inflation a its actually risen Over the last year. A there is a lot of head scratching going on about monetary policy a said Saba. There had been speculation a weekend meeting in Paris of finance ministers from the seven major industrialized countries might Lead to a drop in interest rates to support the japanese yen. But finance minister Michael Wilson rejected the need for change in the Canadian interest rate policy. A we can to change our policy As a base for doing something of another country a said Wilson. Bank rate motorists face hike to tank up Sun photo by Desmond Murray graduation Celebration David with graduates Gail Jubinville left and Agnew right of the chefs association talks Mildred Racine at mondays graduation. Recognized cooking As a Trade since 1987, whereas other provinces have Given the Industry that recognition for five to 20 the course covers such things As sauces pastries baking soups meat and poultry cooking seafood pastas and vegetables. The students take the course three hours a Day four Days a week for eight weeks. Some 29 students wrote their provincial exam monday but the results wont be known for a few More weeks. 14.25 14.25 14.25 14.25 14.25 14.25 14.25 14.25 14.25 daily savings 13.50 13.75 13.50 13.75 13.20 13.75 13.50 13.75 13.25 13.25 13.60 13.60 13.25 13.50 13.50 13.75 14.00 13.75 13.50 13.75 13.25 Esso says Toronto up a the traditional service station faces extinction in Urban centres As the number of gasoline stations in Canada will continue to shrink in the 1990s, says a senior Esso Petroleum executive. Meanwhile Canadian motorists will face higher pump prices As a result of higher costs and tight supplies Esso vice president John Stevens told financial analysts monday. The higher costs and drive for improved profits Are already forcing companies to put convenience stores and other sources of Revenue on their Sites. A your Industry will face billions of dollars in potential costs if proposed environmental regulations Are passed Stevens said. A but in a optimistic the marketplace will allow us to recoup those costs through higher prices he said. Both Federal and provincial governments Are promising to Force Oil companies to reduce the amount of emissions from their operations. The Industry has already gone through massive restructuring As higher priced Oil and weak demand in the 1980s drove Down profit margins. Closing hundreds in 1960, for example there were 37,000 Gas stations across the country. Last year that figure dropped to 19,000 and by the end of the decade it will Likely have fallen to Between 12,000 and 15,000, Stevens said. Esso a subsidiary of Imperial Oil could close hundreds of stations As a result of its takeover last year of Texaco Canada Industry spokesmen said. Shell Canada and Petro can Ada the other two National refining and marketing outfits have said they Are reviewing their operations with a View to closing outlets that Are not yielding an adequate return. Regional and Independent operators Are looking for the Opportunity to expand the analysts were told. Canadian tire the Only National Independent with 181 Gas bars Hopes to double the number of Gas bars it operates within five years said Jim Ryan Petroleum division president. 13.57% or me 14.25 mortgages 13.25 term deposits certificates 1 year 3 year 30 Day 90 Day 1 year 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.25 10.25 10.25 10.50 10.25 10.25 10.25 10.25 buy one Snak Pak at the regular Price and receive the second one Day Only tuesday april to 1990 o a Snak Pak includes 2 pcs. Kentucky Fried Chicken with Fries. A limit buy three get three free. A offer available for Dine in and pick up Only. Not available on delivery. Available at All champs Kentucky Fried Chicken locations in Winnipeg Selkirk Steinbach and Brandon. Applicable sales tax extra. Champs Kentucky Fried chickens w Winnipeg Selkirk Brandon Steinbach

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