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Newspaper
Chetwynd The Echo
Location
Chetwynd, British Columbia, Canada
Date
Sep 08, 1998
Page
3
When a lender seeks repayment from a guarantor after borrower default, the guarantor may raise defences such as duress undue influence non est factum or fraud. To curb successful defences lenders obtain independent legal advice ILA confirming the guarantor receives risk review and assurance from a separate lawyer.
The report argues Premier Clark and the NDP mismanaged BCs economy amid a recession per CIBC. It cites weak markets and an overextended forest sector with stumpage hikes and a tight land base, while praising energy moves but urging government to own mistakes and fix troubled sectors.
Summer tourism ends as August arrivals drop from 1700 in July to under 1000. Tanya and I leave to pursue schooling. Joanne Williams becomes new Chamber manager. Jack Hannam leaves. Jay Barrie becomes President. Nominations invited at 788 3345.
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