Archive for March, 2007

Food oasis found in industrial area

Thursday, March 15th, 2007

Emelle’s serves daily lunch specials featuring sandwiches, burgers and homemade soups

Mia Stainsby
Sun

Emelle’s owner Mary Lee Newnham (left) and catering manager Nicole Burke display one of their specialties. Photograph by : Bill Keay, Vancouver Sun

Now I know what Mick Jagger ate just before I saw him at B.C. Place in 1998: Sole, plain with a little lemon.

How do I know that? I asked Mary Lee Newnham. She was the caterer who cooked Jagger’s requested meal, as well as Keith Richard’s shepherd’s pie.

Newnham is now proprietor of Emelle’s, a catering company and lunch spot in a light industry neighbourhood sorely in need of a pleasant little food oasis. I discovered the place when I was returning from a venetian blind repair place. Coincidentally, my husband had an Emelle’s-catered lunch at a work meeting that same week and kindly brought home a paper napkin for me. He liked the fresh food and thought I might want to check it out.

For the walk-in customer, there are daily selections of soups, salads, sandwiches, a menu of burgers (chicken cordon bleu burger, sockeye salmon burger, danish blue cheeseburger and more). I tried the salmon burger which featured a lovely piece of salmon but wasn’t crazy about the bun which flattened too quickly.

Sandwich prices limbo well under $10 ($5 for grilled ham and cheese, Tuscan chicken, roast beef, turkey, tuna and shredded carrot and others); burgers are $6.99 to $10.99. The Blue Plate Special, a daily hot entree, is $6.99.

Every Friday, they have a barbecued chicken special and other days, you might run across puttanesca red snapper with eight-grain pilaf; beef ragout on poppyseed egg noodles and one of her own favourites, the Kansas City pulled pork with tobacco onions. (The onions are cut and cooked in barbecue sauce until they look like tobacco.)

Emelle’s is open early and does the full breakfast — pancakes, french toast, eggs, hash, oatmeal. Two eggs, hashbrowns, toast with bacon, sausage, turkey sausage or ham costs $5.99.

“You must mention our soup,” Newnham says. “We have two different ones every day which are totally amazing.”

The day I called, she had roasted tomato bisque with fresh basil and rosemary chicken with white beans, both $3.99.

And bonus! They’re licenced and sell wine and microbrews.

– – –

EMELLE’S CATERING

177 West Seventh Ave., 604-875-6551, www.emelles.com. Open 7 a.m.-4 p.m.

© The Vancouver Sun 2007

Steveston bistro blends French techniques with typical West Coast seasonal ingredients

Thursday, March 15th, 2007

Michelle Hopkins
Sun

Tapenade Mediterranean Bistro owner Vincent Morlet (left), chef Alex Tung and head server Tina Merces. Photograph by : Peter Battistoni, Vancouver Sun

From the outside, the low-key, understated awning belies what is awaiting within. Tapenade Mediterranean Bistro offers many dishes on par with the haute cuisine of any high-end Vancouver restaurants — but at neighbourhood prices.

Walk through the doors of this Steveston establishment and most likely owner Vincent Morlet will greet you.

Not only is the service welcoming, but the room has a soothing ambience with European-style decor. Sporting an appealing redesigned interior, the chic bar has been painted a wonderfully warm raspberry wine colour and the walls are adorned with photography of everyday life by local artist David Crocker.

Executive chef Alex Tung blends together French techniques with typically West Coast, fresh, seasonal ingredients, and the results are far more stunning than is normally mustered by your average neighbourhood bistro.

The winter menu consists of hot and cold small plates with some new, innovative entrees. If tapas is all you desire, you can choose from five mouth-watering dishes such as the salmon and halibut rillette, in a medley of sweet lemon coulis, olive oil and sea salt crostini or the baby artichoke hearts in saffron and grainy mustard vinaigrette.

My partner, Dennis, and I went for the full meal. I started off with a strip loin salad, carpaccio style. It was an organic green salad with artichokes and gorgeous, silky beef marinated in a Burgandy vinegar caramel sauce. Dennis went for the mouthwatering Alaskan sea scallops swimming in a Chablis and tomato broth.

While sharing a fabulous bottle of B.C. VQA Kettle Valley 2003 Cabernet Sauvignon, I savoured every morsel of my escalope of pork tenderloin sauteed in chevre cheese and lemon pan sauce that sat on a bed of mashed potatoes.

Dennis chose one of the restaurant’s signature dishes, the braised beef short ribs with a celeriac and apple puree, Bordeaux and juniper berry jus. A stand out, the meat simply fell off the bone — a wonderful exercise in flavour and texture.

The portions are small, but so intensely flavourful that a larger serving might have been overkill.

Tung, who whipped together ideas for a winter-inspired menu, has received only accolades for his creations.

“The feedback has been great; it’s comfort food,” Morlet says. “We are doing it in an upscale way but it evokes the thoughts of the season.”

Think of the classic French elements like the Coq Au Vine — a real palate pleaser — but the chef adds his own creative twist to it.

“Alex still approaches it using Burgundy wine and spices from the region, but what he does is debone the leg and wrap it with pancetta,” says Morley.

Tung’s philosophy towards food involves preparing simple, elegant food cooked with honed technique and passion.

For you wine aficionados, delight in the well-thought-out wine list featuring a 100-plus selection with a strong focus on California, B.C. and France. Morlet and his head server Sarah Hansby, who is well versed in fine wine, put it together.

The cozy, warm elegant restaurant seats 72 inside and during the summer visit the heated patio, which seats 70. Reservations are recommended.

– – –

TAPENADE MEDITERRANEAN BISTRO

3711 Bayview St., Steveston

604-275-5188, www.tapenade.ca

Winter hours: Tuesday-Friday lunch 11:30 a.m. to 2:30 p.m. Dinner from 5 p.m. Saturday and Sunday lunch/brunch from 11 a.m., dinner from 5 p.m.

© The Vancouver Sun 2007

 

Famous old Orestes site goes Japanese

Thursday, March 15th, 2007

Mike Nakano, who ran the 29-seat Bistro Sakana in Yaletown, now has enough elbow room at Sai Z for 134 patrons

Mia Stainsby
Sun

Mike Nakano (front), owner/ chef of Sai Z Japanese Restaurant, and sushi chef Toshi Mizoguchi. Photograph by : Bill Keay, Vancouver Sun

This location on West Broadway has seen plenty of action over the years, especially during the hedonistic days as Orestes restaurant back in the ’70s and ’80s. Tenants have come and gone since then. The latest is Sai Z, one of a blizzard of Japanese restaurants opening fast and furiously in Vancouver.

This one’s worth noting. The owner/chef Mike Nakano previously ran Bistro Sakana in Yaletown, one of the better spots for sushi and nouveau Japanese food.

The move to the west side was for the much-needed space. His Yaletown location sat 39 diners with elbows tucked in. The Kits location seats 134 with room enough to tango should the mood strike. The bones of the old Orestes haven’t changed: There are two levels, a central area and a collection of meandering private areas. Kitchens face off from opposite sides of the room — a sushi bar on one side and an open kitchen for cooked dishes on the other.

Cooks and servers are dressed in black from top to bottom and Nakano hasn’t scrimped on staff — I counted nine cooks and chefs one weekday evening. The mainly female servers are sweet and attentive, although not fluent in English. On both visits, one of them saw us to the door as we left with many a thank you-thank you.

The Sai Z menu is similar to the menu at Bistro Sakano; if anything, it’s been trimmed. Customers took too long pondering their choices, apparently. He now offers variety and surprise by changing the menu every three months and offering daily specials.

Should you find yourself pondering, I would vigorously steer you toward the Japanese pizza if it’s on the menu. It isn’t okonomoyaki, the big pancake of vegetables and protein in an eggy batter. This is better. The “crust” is a piece of flat, grilled sushi (rice) and the topping is a loose layer of smoked salmon, shrimp and julienned vegetables. I loved it.

I’ve only eaten raw uni as sashimi and here there were two such dishes — uni (sea urchin) cooked in phyllo and in chawan mushi. I tried the one in phyllo and liked the transformed oyster-y taste of it. It was surrounded with the shredded phyllo (katafi), mimicking the spiny uni shell. I didn’t, however, taste the shaved truffles tucked inside. I’d have reserved truffles for a starring role in some other dish.

Locally caught, raw uni was on as a special one evening and it was sweet and so fresh. And freshness seems to be Nakano’s mantra. An appetizer-size sashimi plate with four types of seafood featured sparklingly clean tastes and buttery texture.

Many of the maki rolls feature tropical fruits matched with fish. He doesn’t go nutty with roll sushi like a lot of places seem to be doing now with rolls groaning with a mish-mash of fillings, barely holding together, and bestowed with a cute name.

Kobe beef tataki featured a lot of beautifully marbled meat served with ponzu sauce but I think it needed a refreshing contrast, like a bed of greens. Bechamel spring roll worried me, considering it contained bechamel sauce, mozzarella cheese and tiger prawns but it wasn’t flooded with sauce or dripping with cheese; it was saved by restraint. Seafood chawan mushi with prawns, scallops, yuzu slices, mushrooms and fishcake was as delicate as it should be.

He has a small offering of dependable wines (Mission Hill, Ravenswood, Fetzer, Lindeman, and a few others) as well as some premium sake, an unremarkable selection of beers and, should you feel celebratory, Veuve Clicquot.

SAI Z

Overall: 4

Food: 4

Ambience: 3 1/2

Service: 3 1/2

Price: $$

3116 West Broadway, 604-732-7249, www.saiz.ca. Open for lunch daily, noon to 2:30 p.m., but lunches may soon be discontinued. Open for dinner 5:30 to 10:30 p.m. Sunday to Thursday, and to 11:30 p.m. Friday and Saturday.

Restaurant visits are conducted anonymously and interviews are done by phone. Restaurants are rated out of five stars.

© The Vancouver Sun 2007

Labour shortage hitting West hardest

Thursday, March 15th, 2007

30,000 B.C. businesses report a shortage of workers

Michael Kane
Sun

In B.C., construction, agriculture and hospitality are particularly hard hit, and medium-skilled jobs that require some apprenticeship training or a college education are in the greatest demand. Getty Images

Labour shortages have reached an all-time high in British Columbia, with 30,000 small- and medium-sized businesses reporting positions unfilled for at least four months during 2006.

More than 250,000 such vacancies exist across Canada, affecting roughly one in four businesses, according to a study released Wednesday by the Canadian Federation of Independent Business.

Labour shortages are hurting productivity and profits by forcing some small firms to turn down business, said Laura Jones, B.C. and Yukon vice-president for the CFIB.

“And that’s bad news for all British Columbians because basically we are not seeing the kind of growth in the economy that we could see if we had these positions filled,” Jones said. “It’s economic growth that allows us to spend more on things that we all value like health care and education.”

The study looked at the number of businesses that couldn’t fill at least one full-time or part-time job for four months or more, as well as at the overall number of long-term job vacancies.

Concern about staffing shortages is high across the country, but is most dire in the West. In Alberta, 42 per cent of businesses reported one or more vacancies of at least four months, followed by B.C. at 34 per cent.

While the long-term vacancy rate was 3.6 per cent of all positions in small and medium-sized firms across Canada, that number flipped to 6.3 per cent in Alberta, followed by 5.7 per cent in Saskatchewan, 4.3 per cent in B.C., and 4.2 per cent in Manitoba.

In B.C., construction, agriculture and hospitality are particularly hard hit, and medium-skilled jobs that require some apprenticeship training or a college education are in the greatest demand.

“Increasingly we’re hearing from our members that one of the ways they are coping with the shortage of labour is just to say no to additional jobs,” Jones said in an interview.

“We’re starting to hear about businesses operating shorter hours and I even heard from one hotel up north where you can book a room but you have to make your own bed.”

Jones couldn’t remember the name of the business owner but said, “It’s a real story and it’s the kind of story we are hearing. In some cases, the owners are doing the dishes. This is the exception, not the rule, but this is how serious a problem it is becoming.”

Wage pressures and poaching by larger firms are both concerns for businesses in British Columbia, especially the smallest with four employees or fewer which report the province’s highest long-term vacancy rate at 10 per cent.

“Certainly in a competitive market there’s upward pressure on wages and that’s tough for a small business,” Jones said. “It’s also tough to invest in training and then have those employees move to other businesses of any size, but it is particularly tough for smaller businesses.”

Across Canada, four in 10 small firms are most desperate to find skilled trades employees such as carpenters, chefs or plumbers.

About one-third of employers need staff with secondary school or specialized, occupation-specific training like drivers, child-care workers or machine operators.

Firms are also increasingly short of entry-level workers with 17 per cent most in need of workers to fill positions requiring no formal education.

© The Vancouver Sun 2007

Scientists take serious look at ‘crazy ideas’

Thursday, March 15th, 2007

From sunshades to man-made sulphur-shooting volcanoes, schemes to save the planet are under a microscope

Seth Borenstein
Sun

WASHINGTON — Crazy-sounding ideas for saving the planet are getting a serious look from top scientists.

There’s the man-made volcano that shoots sulphur high into the air. The “sun shade” made of trillions of little reflectors placed in space between Earth and the sun, slightly lowering the planet’s temperature. The forest of ugly artificial “trees” that suck carbon dioxide out of the air. And the “Geritol solution” in which iron dust is dumped into the ocean.

“Of course it’s desperation,” said Stanford University professor Stephen Schneider. “It’s planetary methadone for our planetary heroin addiction. It does come out of the pessimism of any realist that says this planet can’t be trusted to do the right thing.”

NASA has mapped out rough details of the sun shade concept. One of the premier climate modelling centres in the United States, the National Center for Atmospheric Research, has spent run computer simulations of the man-made volcano scenario and will soon turn its attention to the space umbrella idea.

Last month, billionaire Richard Branson offered a $25-million prize to the first feasible technology to reduce carbon dioxide levels in the air.

The proposals, which represent a field called geoengineering, have been characterized as anywhere from “great” to “idiotic,” says one NASA researcher.

These approaches are not an alternative to cutting pollution, said University of Calgary professor David Keith, a top geoengineering researcher. Some scientists have worried that such schemes might distract attention from reducing greenhouse gas emissions.

Here is a look at some of the ideas:

THE GERITOL SOLUTION

Planktos Inc. of Foster City, Calif., last week launched its ship, the Weatherbird II, on a trip to the Pacific Ocean to dump 50 tons of iron dust. The iron should grow plankton, part of an algae bloom that will drink up carbon dioxide from the atmosphere.

The idea of seeding the ocean with iron to beef up a natural plankton and algae system has been tried on a smaller scale several times since 1990. It has both succeeded and failed.

Small experiments “showed unequivocally that there was a biological response to the addition of the iron,” said an international climate report released in 2001. Plankton uses the iron to photosynthesize, extract greenhouse gases from the air, and grow rapidly. It forms a thick green soup of all sorts of carbon dioxide-sucking algae, which sea life feast on, and the carbon drops into the ocean.

However, the climate report also cautioned there could be ecological consequences. For example, large-scale ocean seeding could change the crucial temperature difference between the sea surface and deeper waters and have a dramatic effect on marine life globally.

Russ George, CEO of Planktos, doesn’t want his plan lumped in with geoengineering. He says his company is just trying to restore the ocean to “a more ecologically normal and balanced state.”

“We’re a green solution,” George said.

Planktos officials say that for every ton of iron used, 100,000 tons of carbon will be pulled into the ocean. Eventually, if this first large-scale test works, George hopes to remove three billion tons of carbon from the Earth’s atmosphere.

Planktos’ efforts are financed by companies and individuals who buy carbon credits to offset their use of fossil fuels.

MAN-MADE VOLCANO

When Mount Pinatubo erupted 16 years ago in the Philippines it cooled the Earth for about a year because the sulphate particles in the upper atmosphere reflected some sunlight.

Several leading scientists have proposed doing the same artificially to offset global warming.

Using jet engines, cannons or balloons to get sulphates in the air, humans could reduce the solar heat, and only increase current sulphur pollution by a small percentage, said Tom Wigley of the National Center for Atmospheric Research.

“It’s an issue of the lesser of two evils,” he said.

The results of an NCAR climate model using this method — which involves injecting tens of thousands of tons of sulphate into the atmosphere each month — weren’t cheap or promising.

“From a practical point of view, it’s completely ridiculous,” said NCAR scientist Caspar Amman. “Instead of investing so much into this, it would be much easier to cut down on the initial problem.”

Both this technique and the solar umbrella would reduce heating but wouldn’t reduce carbon dioxide. So they wouldn’t counter a side effect of global warming, a dramatic increase in the acidity of the world’s oceans, which harms sea life, especially coral reefs.

Despite that, Calgary’s David Keith is working on tweaking the concept. He wants to find a more efficient chemical to inject into the atmosphere in case of emergency.

SOLAR UMBRELLA

Last fall, University of Arizona astronomer Roger Angel proposed what he called a “sun shade.” It would be a cloud of small Frisbee-like spaceships that go between Earth and the sun and act as an umbrella, reducing heat from the sun.

“It really is just like turning down the knob by two per cent of what’s coming from the sun,” he said.

The nearly flat discs would each weigh less than 30 grams and measure about a metre wide with three tab-like “ears” — controllers sticking out just a few centimetres. Rockets would be used to deploy them in space.

About 800,000 of the discs would be stacked into each rocket launch. It would take 16 trillion of them — that’s 16 million million — so there would be 20 million launches of rockets.

It would cost at least $4 trillion over 30 years.

“I compare it with sending men to Mars. I think they’re both projects on the same scale,” Angel said. “Given the danger to Earth, I think this project might warrant some fraction of the consideration of sending people to Mars.”

ARTIFICIAL TREES

Scientifically, it’s known as “air capture.” But the instruments being used have been dubbed “artificial trees” — even though these devices are about as tree like as a radiator on a stick. They are designed to mimic the role of trees in using carbon dioxide, but early renderings show them looking more like the creation of a tinkering engineer with lots of steel.

Nearly a decade ago, Columbia University professor Klaus Lackner, hit on an idea for his then-middle school daughter’s science fair project: Create air filters that grab carbon dioxide from the air using chemical absorbers and then compress the carbon dioxide into a liquid or compressed gas that can be shipped elsewhere. When his daughter was able to do it on a tiny scale, Lackner decided to look at doing it globally.

Newly inspired by the $25 million prize offered by Richard Branson, Lackner wants to develop a large filter that would absorb carbon dioxide from the air.

Another chemical reaction would take the carbon from the absorbent material, and then a third process would change that greenhouse gas into a form that could be disposed of.

It would take wind and a lot of energy to power the air capture devices.

They would reach about 60 metres high with various-sized square filters at the top. Lackner envisions perhaps placing 100,000 of them near wind energy turbines.

A filter the size of a television could remove about 25 tons of carbon dioxide a year, which is about how much one American produces annually, Lackner said. The captured carbon dioxide would be changed into a liquid or gas that can be piped away from the air capture devices.

Disposal might be the biggest cost, Lackner said.

Disposal of carbon dioxide, including that from fossil fuel plant emissions, is a major issue of scientific and technological research called sequestration. The idea is to bury it underground, often in old oil wells or deep below the sea floor. The U.S. government, which doesn’t like many geoengineering ideas, is spending hundreds of millions of dollars on carbon sequestration, but mostly for power plant emissions.

© The Vancouver Sun 2007

Directory – CanPages Business & People Directory – Yellowpages competitor has text message option

Thursday, March 15th, 2007

Consumers given reason to choose Canpages

Jim Jamieson
Province

Convinced that Greater Vancouver residents want everything in one big phone book, Coquitlam-base Canpages Inc. has begun distributing a directory that covers the entire area.

This week, as well, Canpages launched online and wireless services it believes will give users — and advertisers — a reason to choose it over rival Yellow Pages Group.

Canpages, which publishes more than 70 telephone directories across B.C., Alberta, Ontario, Yukon and the Northwest Territories with a total circulation of 5.6 million, has included Vancouver, Burnaby, New Westminster, Richmond, North Vancouver and West Vancouver in its latest phone book.

Yellow Pages Group breaks its directories into smaller geographical areas.

“The world of phone directories in Canada has been a monopoly for many years,” said Olivier Vincent, president and CEO of Canpages.

“Directories’ [area of coverage] has narrowed and content become boring. There is a need for an alternative.

“Our company is focused on delivering products that are better designed for users, but also more friendly for advertisers.”

The Greater Vancouver directory consists of about 2,000 pages of business phone numbers, listed alphabetically and by type of business. Vincent said 615,000 directories will be fully distributed by the end of the month.

Canpages also launched a comprehensive local search engine (www.canpages.ca) to help consumers connect to Vancouver-area products and services. The search engine features interactive maps, multiple searching and even videos of local businesses.

Also new is a texting-based wireless directory assistance for the Lower Mainland, so users can find listings on their mobile phone.

The service cost 50 cents per listing.

Vincent said his company believes that the print medium is just as important as the growing online product.

“Our usage surveys tell us that print is not disappearing,” he said.

“We are linking buyers and sellers and we’re doing it whether you are at home or on the go.”

© The Vancouver Province 2007

 

Mortgage Fraud – buy title insurance to be safe – costs $350 for a $500K home

Thursday, March 15th, 2007

You can lose your house without even realizing it

Lena Sin
Province

Susan Lawrence of Toronto was a victim of mortgage fraud. One of the little-known aspects of home purchase is the availability of land-title insurance. It costs around $350 for a house assessed at $500,000. Arlen Redekop, The Province

Susan Lawrence was trying to sell her home, but had it stolen instead.

The 55-year-old widow said she never imagined that a “For Sale” sign on her front lawn would make her the victim of mortgage fraud. Now she is cautioning others to learn from her troubles.

The Toronto woman was in Vancouver yesterday to raise awareness of mortgage fraud, which is estimated to cost Canadians between $300 million and $1.5 billion a year.

Lawrence said she lost her 100-year-old Victorian home in Toronto last year when identity thieves assumed her identity. They forged her signature to sell her home to an accomplice, discharged her small mortgage and took out a new one for almost $300,000.

They pocketed the money, defaulted on the mortgage and disappeared.

Lawrence was left with the choice of paying off the debt or face eviction from her own home.

“I learned a heck of a lot in the last year,” said Lawrence. “It took me close to a year and $50,000 to get my house back.”

As part of Fraud Awareness Month, organized by the Consumers Council of Canada, “Stolen/Not For Sale” signs were staked out in front of Vancouver homes yesterday to raise the profile of land-title fraud.

Bill Huzur, president of the Consumers Council of Canada, said one of the best ways to prevent real- estate swindlers from assuming your identity is to protect your private information.

He also suggested that land-title insurance — which costs about $350 for a house assessed at $500,000 — is one of the best ways to protect yourself.

“The only way I could’ve stopped this was to have title insurance,” echoed Lawrence.

After a year-long struggle that took her to the Ontario Court of Appeal, Lawrence finally got the fraudulent mortgage dismissed and won her home back.

No arrests have been made.

Lawrence says people need to be made aware of the problem because there is very little recourse available for homeowners. They first have to prove they are victims and that banks did not do due diligence before they can even make a claim to the provincial government’s land-title assurance fund, which is financed by land-title fees.

First Canadian Title, a company that sells title insurance, estimates the average cost of a single real-estate fraud is $300,000.

There are no statistics that track the number of mortgage frauds in B.C., although it’s estimated to be a relatively small number, said Ken Fraser of the Financial Institutes Commission of B.C.

– For more information, visit www.ProtectYourTitle.com.

– – –

TIPS FROM THE PROS

The Canadian Institute of Mortgage Brokers and Lenders offers the following tips:

– Do not supply personal information unless you know the person you’re dealing with.

– Regularly ask credit bureaus for your credit rating.

– Keep up to date with all credit and financial reports.

– Rely on professional realtors when buying or selling a home.

– When closing a mortgage application, check its accuracy.

 © The Vancouver Province 2007

U.S. housing market worries spark big losses

Wednesday, March 14th, 2007

Retail sales figures add to concern that hands North American markets triple-digit declines

Malcolm Morrison
Sun

Fresh worries about the U.S. housing market handed North American stock markets triple-digit index losses Tuesday, wiping out last week’s recovery from declines sparked by a tumble on China’s stock market.

Tuesday’s concerns centred around subprime mortgage lenders, which make loans to people with poor credit ratings, and fears that their troubles could spread through the economy.

Toronto’s S&P/TSX composite index broke a five-session winning streak, tumbling 255.55 points to 12,809.60.

New York’s Dow Jones industrial average fell 242.66 points to 12,075.96.

Adding to the subprime worries was a U.S. retail sales report that fell short of expectations.

“A lot of the weakness we saw in the retail sales was in housing-related goods and services,” said Patricia Croft, chief economist at Phillips, Hager and North.

“So if we do get into a situation where we see problems not only in subprime, but outside of that area, if credit conditions tighten on a broader basis, then that could spell even further weakness for consumer spending.”

Toronto losses were spread across all sectors, led by the financial, mining and industrial stocks and more than cancelling out last week’s 194-point gain.

The U.S. Commerce Department reported that retail sales last month inched up 0.1 per cent, much below the 0.3 per-cent rise economists were expecting. Excluding auto sales, retail sales slipped 0.1 per cent.

The Nasdaq composite index fell 51.72 points to 2,350.57 while the S&P 500 index lost 28.65 points to 1,377.95.

Investors fled the already weakened stocks of U.S. subprime lenders as the sector’s troubles spread. The New York Stock Exchange said shortly before the opening bell it would immediately suspend trading in shares of New Century Financial Corp. and move to delist the stock.

New Century disclosed that the Securities and Exchange Commission and the U.S. Attorney’s Office launched probes two weeks ago into its accounting.

Meanwhile, Accredited Home Lenders Holding Co. said it is grappling with a liquidity shortfall, confirming concerns that the sector’s troubles are widespread. Its shares plunged 65 per cent.

Giving stocks an extra kick lower was a report from General Motors Acceptance Corp. that struggles in its residential unit are eating into earnings.

And the Mortgage Bankers Association said late mortgage payments shot up to a 31/2-year high in the final quarter of last year and foreclosures hit a record high.

Bombardier Inc. (TSX:BBD.B) fell 23 cents to $4.47 after All Nippon Airways grounded its entire fleet of planes made by the Montreal-based company after the front landing gear on a Dash-8 turboprop failed, forcing the aircraft to make an emergency landing with 60 people on board.

 © The Vancouver Sun 2007

 

Boomtowns and busts around B.C.

Wednesday, March 14th, 2007

As rural areas decline, B.C. has become the most urban province in Canada

Frances Bula, with files from Peter O’Neil
Sun

Busts in the Forests and Mining TownsBoom in the Oil Patch Boom in the Retirement Areas Photograph by : 2006 Census of Population, Statistics Canada, Western Region and Northern Territories; Vancouver Sun Graphic

A young mother holds her daughter outside their townhome in the new Foxridge housing development on 60th Avenue near 166th Street in Surrey. Four of the five fastest-growing neighbourhoods in the province are located in Surrey. Photograph by : Mark van Manen, Vancouver Sun

We think of ourselves as living in a province of forests and fish, mines and ranches, with towns and cities to match.

But we’re really city and suburban people surrounded by mostly empty mountains, according to the census snapshot from Statistics Canada.

B.C., which has broken the four-million mark in population, is the most urban province in the country, according to the 2006 census statistics released Tuesday.

Only 15 per cent of its population now lives in rural areas, and residents are draining steadily away from the former thriving resource towns of the northwestern B.C. and the central coast.

The province has grown by 5.3 per cent, thanks mainly to immigrants from outside Canada, since B.C. has the lowest birthrate in the country.

However, those immigrants, along with younger people from the declining northern towns, are going almost exclusively to B.C.’s growing urban regions, with places like Kelowna and Abbotsford among the fastest-growing cities in the country.

The result is that most of the people in this huge province are increasingly shoehorned into a few valleys along major highways: The Greater Vancouver region, which has now gone over the two-million mark, the Central Okanagan, and the Vancouver Island east coast from Victoria to Nanaimo.

The Yamashitas of Terrace see that story played out in their family.

Their ancestors came to B.C. at the turn of the century, settling in Port Essington near Prince Rupert with other Japanese immigrants to fish the Skeena River.

Tosh Yamashita, a child of the post-war generation, worked in Terrace as a planner for the past 25 years.

Now, his three boys, all in their 20s, are living in the Vancouver region: Jason is studying law; Kasel is working at a lumberyard; and Kory, the youngest, is finishing his engineering degree.

Only Kory plans to return, wanting to live where the traffic and house prices are reasonable and where he knows everyone in town.

But he’s an anomaly, says his brother.

“People don’t go back because there’s no jobs there. The pulp mill is suffering, the sawmill is closed,” says Jason, now 28. “The vast majority of my graduating class is in Prince George, Victoria, Vancouver, Calgary, Montreal, Toronto.”

That’s a story being told throughout the north, with Kitimat, Prince Rupert, Quesnel, Terrace and Williams Lake showing the biggest population losses of all mid-size cities in Canada.

University of B.C. geography professor David Ley says that north-south divide in B.C. is the most striking story in the statistics.

“This is quite a novel demographic moment,” said Ley, noting that cities have seen striking changes, with Prince Rupert losing 12 per cent of its population and Kelowna gaining 10 per cent.

“These are big numbers in a very short time. It does tell a tale about job loss in the resource industry. There’s quite an inequality between the two regions.”

One area of northern B.C. that is bucking the trend is the northeast corner, where population grew slightly because of jobs in the oil industry. That likely helped, in part, reverse the trend that showed up in the 2001 census, which saw B.C. losing population to other parts of the country.

This time, B.C. went back to its traditional pattern of attracting people from other provinces.

The trend of population movement toward cities is prevalent across Canada.

Canada’s six largest cities — Toronto, Montreal, Vancouver, Ottawa-Gatineau, Calgary and Edmonton — are home to 14.1 million people, or 45 per cent of the total population.

Just over two-thirds (68 per cent) of the population lives in Canada’s 33 census metropolitan areas.

But B.C. is slightly more urbanized than the national trend, with 85.4 per cent of people living in urban areas here compared to an 80-per-cent average for the country.

That’s likely due to the province’s geography, economic context and its immigration pattern, experts suggest.

B.C. is more dependent on overseas immigrants than any other part of the country, says Ryan Berlin, an analyst with the Urban Futures Institute.

“We’re not seeing immigrant families going straight to Kitimat,” said Berlin. Instead, they are clustering in particular sectors of the Lower Mainland.

Statistics Canada noted that “between 2001 and 2006, an average of 25,000 immigrants a year settled in the Vancouver area. Because of international immigration, Vancouver continued to experience a higher population growth rate than the provincial average in the 2001 to 2006 period (6.5 per cent versus 5.3 per cent).”

As well, B.C.’s mountains produce a different population distribution.

People here aren’t spread out on the kind of farmland that southern Ontario or the Prairies have.

“We are seeing all the growth being concentrated along the Trans-Canada Highway corridor and the Island Highway,” says Berlin.

Finally, rural cities and towns have always been more dependent on the fluctuations of the resource industry, rising and falling with the ups and downs of mining, forestry, fish and oil.

The northeast sector is booming now. “But if oil falls back down to $30 a barrel, there’ll be an exodus,” said Berlin.

The Greater Vancouver region saw 6.5-per-cent growth, lower than in Calgary, Edmonton and Toronto, but higher than the national average.

Its growth was uneven, however, with suburbs like Port Moody and Surrey gaining population at Calgary-like rates, while others — Delta, West Vancouver, Langley city, Coquitlam, and North Vancouver — showed little or no growth.

Like the province, its growth is shaped by its geography and transportation lines.

“The urban spread in Vancouver is uniquely influenced by our terrain and the SkyTrain and West Coast Express,” said Jerry Page, the director for Statistics Canada’s western region.

B.C. GAINERS

Biggest gainers in actual population

2006 2001 Change % change

Surrey 394,976 347,820 47,156 13.6%

Vancouver 578,041 545,671 32,370 5.9%

Kelowna 106,707 96,288 10,419 10.8%

Richmond 174,461 164,345 10,116 6.2%

Burnaby 202,799 193,954 8,845 4.6%

Abbotsford 123,864 115,494 8,370 7.2%

Langley 93,726 86,896 6,830 7.9%

Chilliwack 69,217 62,567 6,650 10.6%

Maple Ridge 68,949 63,169 5,780 9.2%

Nanaimo 78,692 73,000 5,692 7.8%

B.C. DECLINERS

Biggest decliners in actual population

2006 2001 Change % change

Prince Rupert 12,815 14,643 -1,828 -12.5%

Prince George 70,981 72,406 -1,425 -2.0%

Kitimat 8,987 10,285 -1,298 -12.6%

Terrace 11,320 12,109 -789 -6.5%

Port Hardy 3,822 4,574 -752 -16.4%

Quesnel 9,326 10,044 -718 -7.1%

Mackenzie 4,539 5,206 -667 -12.8%

Fort St. James 1,355 1,927 -572 -29.7%

Lillooet 2,324 2,741 -417 -15.2%

Houston 3,163 3,577 -414 -11.6%

© The Vancouver Sun 2007

Profit going up, but trouble on horizon

Wednesday, March 14th, 2007

Paul Luke
Province

Yankee, please don’t go home.

Canadian hotels will emerge from red ink this year but will continue struggling with a drop in U.S. visitors, the Conference Board of Canada says.

The industry will make a modest profit of $236 million this year, bouncing back from a loss of $87 million in 2006, the board said yesterday.

“Most of the improvement in profitability will be the result of growth in demand for travel both by Canadians and by foreigners travelling to Canada,” the board said.

But profit margins will remain thin this year and profits will shrink in 2008 as U.S. passport requirements expand to cover anyone travelling to or from the U.S. by land or sea, the board said.

Stephen Pearce, Tourism Vancouver’s leisure travel vice-president, said the U.S. and Japanese markets will remain challenging for the Greater Vancouver industry this year.

U.S. and Japanese overnight visits are expected to fall by one per cent each in 2007, Pearce said.

The strong loon has hurt Canada in those markets, coupled with U.S. passport rules and growing Japanese interest in Asian destinations, Pearce said.

Canada is losing its share of outbound U.S. business because it is being outgunned by other global destinations willing to spend more on marketing, Pearce said.

Still, overnight visits in the Vancouver area should grow by two per cent this year, thanks to strength in the Canadian, Chinese and Mexican markets, Pearce said.

“It’s reasonable to think we’re going to be capitalizing on interest in the Olympics a little sooner than we thought originally,” Pearce said.

Last year, Greater Vancouver posted 8.7 million overnight visits, up from 8.6 million in 2005.

In a vote of confidence in Vancouver, Los Angeles-based Kor Hotel Group said yesterday it will soon launch the $35-million Loden, the first new hotel in downtown Vancouver in five years. The 14-storey, 130-room hotel in Coal Harbour opens in late summer.

© The Vancouver Province 2007