Georgetown Herald (Georgetown, ON), May 3, 1989, p. 10

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rage THE HUKALD Wednesday May lww I business Paige New partnership will end Sovietstyle monopolism Ontario Hydro will benefit from sharing information Your Business Diane Thornton News Service Last time CNCP Telecom munications tried to get into the longdistance telephone business it was slapped down by federal regulators That was in CNCP is a subsidiary of giant Canadian Pacific Ltd of Toronto The Canadian Radiotelevision and Telecommunications sion said consumers would pay if CNCP was allowed to compete with Bell Canada Bell has a monopoly on the telephone business in Canada Bells highly lucrative long distance business subsidizes residential telephone service Bell argued The CRTC agreed as did the Consumers Association of Canada Four years later CNCP has come back with an impressive partner Rogers Communications Inc The two companies plan to tie CNCPs ground and satellite net work to Rogers cable and cellular telephone system Ted Rogers the cable com panys visionary founder would be in charge of the new joint venture The company has yet to be named Allowing the new partnership to take on Bell would put an end to Sovietstyle communications monopolism Mr Rogers told a news conference in Toronto STILL A QUESTION Under the plan Rogers Com munications would buy per cent of CNCP for between 250 million and million It would then spend between million and billion building its com munications network With luck and federal approval the new venture could be in business in a couple years Mr Rogers predicts It could be pro fitable by 1999 This is a battle between two giants if ever there was one Bells parent BCE Inc and CNCPs parent Canadian Pacific are two of the largest corporate empires in the country CNCP has been it ching for a share of the longdistance business The last time the question came up Bell had little trouble per suading regulators that it was in the public interest to let it keep its monopoly This time Bell is resigned to losing analysts say That has not stopped It from repeating its position which the still shares If we have com petition in the longdistance marketplace the overall phone bill for 90 per cent of telephone subscribers will rise says David of the Consumers Association of Canada MAYBE MAYBE NOT When the Americans broke up their longdistance monopoly longdistance rates fell and residential rates stayed about the same analysts note Thats not to say US deregulation was an un qualified blessing Service pro blems and thousands of layoffs clouded the event Whether deregulation would work for Canada is something we cannot know in advance Mr Rogers has been sitting with billion in his pocket since he sold his US cable business His willingness to use the money to build something new is inspiring Nuclear power plant operators worldwide will benefit from better sharing of information when the World Association of Nuclear Operators is officially formed next month in Moscow On tario Hydro Chairman and Presi dent Robert Franklin said recent ly- The formation of the World Association of Nuclear Operators marks the first time utilities around the world have agreed to provide ongoing operating in formation about their nuclear plants Mr Franklin said Commit ment by the Soviet Union and other Eastern European countries to ex change information about their operating experience is especially significant he added The goal of this organization is to help ensure safe reliable nuclear power operations around the globe by improving and strengthening the exchange of nuclear information To succeed all the utilities must make an effort to learn from the experience and expertise of others Mr Franklin said At the inaugural meeting of in Moscow May 1419 a charter for the organization will be signed by participating utilities The decision to form a world organization of utilities was made in the wake of the Chernobyl acci dent is based on another organization the Institute of Nuclear Power Operations which was set up after the accident of Three Mile Island to improve the exchange of information in the United States WANO will consist of four Town spends budget surplus The Town of Halton Hills financial report presented last week shows a 100000 surplus But town treasurer Ray King says the money is already spent The first of the surplus would be carried forward to reduce the taxes in the following year he said Monday The town came in under budget with general administration the fire department planning and development and recreation and cultural services for a total of GC00GO The town report says 500000 of that total went to the unallocated capital reserve ac count The town went over budget last year for supplementary taxes in terests earned permits and finan cing and spent over budget on transportation projects and ser vices and building department costs The 1988 surplus is considered for general town purposes The town commissioned the ac counting firm of Goebelle MacAdam Alexander to prepare last years financial report STORE HOURS pm except Thursday Friday 930 am 900 pm CkumToNarmf 21 Street Georgetown 8777361 CENTRE regional centres with a co ordinating office in London Utilities may belong to the regional centre of their choice Atlanta Moscow Paris or Tokyo Ontario Hydro HydroQuebec and New Brunswick Power are joining WANO as a group The Canadian utilities are a member of the Atlan ta region along with utilities from the United States Mexico and Yugoslavia Mr Franklin is the chairman of the Atlanta Cen tre Governing Board and will represent the centre in Moscow Member utilities in each region will be linked by computer through their regional centres The four centres are also connected by com puter so information can be easily exchanged with utilities from other regions 8770109 8770109 8770109 Simon CHARTERED ACCOUNTANT i Phone Main Street South g Georgetown Ontario S3 Civic Centre donations meeting is postponed The Halton Hills Civic Centre Donations Committee May meeting has been postponed until May The comiftittee was originally scheduled to meet at the Georgetown Cultural Centre May but will meet instead May pm at the Cultural Centre The committee was established to raise funds for Halton Hills new GEORGETOWN SPA FITNESS CENTRE EXCLUSIVELY YOURS 8771924 town centre on Maple Avenue near Trafalgar Road scheduled to open in June OFFICE MAGIC FOR ALL YOUR OFFICE STATIONERY NEEDS St Georgetown DOWNTOWN FAX SERVICE Evenings Saturdays Too YOUNGS PHARMACY LTD 5 Main St Downtown Georgetown 8772761 HOURS MondayFriday 900900 Saturdays 900600 NORTH END NISSAN Come on Down to Milton FOR SUPER SAVINGS Were Only Minutes Away NORTH END NISSAN MILTON WfaHH STEVEN C FOSTER BALLB BARRISTER SOLICITOR 37 MAIN ST SOUTH GEORGETOWN ONT L7G 3G2 68734961 68734962 HOURS MondayFriday 900 am 530 pm Saturday 930 am 100 Available In Only flTPFtanMaAttOrOda or dean hilarity tor UNBURSTSTYtfdtaiHnrJm nylon coaled printout open up ant back STYLE dm hold print out Colour Back IroniriaNnWI UNBURST BURST 2 S REGULAR SPECIAL 111 30 fit 30 MS 7JS REOULAR SPECIAL hook tor DESCRIPTION DC UNBURST isnr Miir K BURST HPtw ivaVr 11115- SOW Expanding Files Legal am Legal Monthly Mitt Legal bold ptW heeding n Stogy compact ecconion SPECIAL t80 HiLiter Hi- Lite important of information on and manioc For aaiy referanos ben than underlining Bam Oman Pink per box 950 dz 5UPPUSS SECRETARIAL SERVICES filte9WHT7BMjM ST jaaliaaaaalataaaatalaaj

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