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Georgetown Herald (Georgetown, ON), February 18, 1987, p. 54

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Page It HILLS lridiy 1K1 Business Market seems right for Air Canada sale Helen promotes a herbal diet When will the govern gel around to privatizing Air Canada Almost a year ago then Transport Minister Don Maxankowski con firmed that the governments was to offer Canadians a chance to invest in the air carrier which has always been wholly owned by the state As Mazankowski put It the govern was going to free Air Canada from the regulation of its afairs in anticipation of profitability and pn valization Well what is Ottawa waiting for The time is ripe extraordinarily so for the offering of stock in a large well known national corpora Share prices in recent days have reached their highest levels in his lory as measured by the Toronto Stock Exchange composite index If further proof of the market readiness is needed it is shown in the overwhelming success of the just completed validation of British Airways the United Kingdom terpart of Air Canada When the BA issue was offered late January it was heavily over subscribed and when the stock was listed on International stock ex Toronto and secondary trading began on Feb 11 its opening price was about per cent higher than the amount that the fortunate UK subscribers bad had to put down Trading volume was extremely heavy About onethird of equity capital changed hands in that first trading session alone Aswas to be expected the Thatcher government was immediately died for having set too low a on toe equivalent of about 1 9 lion Canadian When some other British crown corporations have been privatized however the offering price was set too nigh to attract a broad public response An unequivocal recommendation that Air Canada be privatized was made by the Economic Council of Ca in its recently published report Minding the Public Business A similar recommendation was also made concerning as part of a plan to revamp the role of government enterprise in Canada I When the airline was formed years ago as of Canadian VINCENT EGAN On Business National Railways it served as an instrument of the government s transportation policy to create u coast tocoast trunk line air service to which privately owned earners would provide feeder services Today says tne many new players have entered the field reg has been loosened and Air Canada has come to play an lngly commercial role while losing many of its earlier social such as the provision air service to remote northern regions The urges that Air Canada shares be sold only to Canadiui investors as soon as the legislation has been changed to allow for of the domestic air industry That would be just fine with Air Canada management Chairman Claude I Taylor said that he is convinced that once the government commits Itself to dere gulate an industry in which a crown corporation is a participant ration becomes Inevitable unless the crown corporation has some very specific public policy mandates Taylor added that all of Air Cana das marketoriented activities today are dictated by our response to pre vailing market conditions not by any requirement to meet public policy objectives Air Canada is partowner of reg carriers Air Nova Air Ontario Austin Airways and Air British Col umbla MAIN ST S SAME DAY TAX RETURNS 8772217 Tasty Recipes TABOULEH cup cup boiling water cup sliced green onion chopped tomatoes cup chopped fresh parsley A cup vegetable oil tbsp vinegar cup lemon juice to salt cloves garlic crushed Soak in water 15 minutes drain Combine with onion tomatoes and parsley Combine oil vinegar lemon juice salt and garlic pour over vegetables Cover and I marinate makes fxiOLtufh APRICOTS Whtta LONG GRAIN RICE V rag There new did being promoted in 11 cure with Helen Lock a Mill resident since last Sep ember Mr is ihe Her bit ifi d it which inoufji and minerals lost One month diet keeping ilaries to 1 WW a day stand to lose between 10 and JO pounds Mrs Lock said can Ret inoiiRh Herbal I products to Ids Inn and supplement sell something like or coke m conscience bother but tin suits mi idealiRintl this is In ml nit something harmful Mrs Back a Fighter Easter Seats SAME DAY TAX RETURNS Guelpn Si Georgetown 8772217 null nth Is Ilea Hi r mial or ranic ami Metafiles It lakes an lot of time to prepare like Ihal she con fessed The more 1 investigated this I found lhat you still Kit all nutrients people used to You still need on Thai s a Her TRIO KODAK PAPER PHOTO FINISHING Custom Meats BONELESS SHORT RIB ROAST BONELESS BLADE ROAST 2 it IB 289 la rt BONELESS CROSSCUT ROAST BILLS SAUSAGE OUR OWN BLACK FOREST HAM IN THE PIECE Stop d We Do Not Compromise On Quality 8776082 Hon Thau B00 30 Situntli BUD GET READY FOR SPRINGTIME WITH GEORGETOWN FABRICS Georgetown Market Place Beside Smoke Shop 8772477

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