The Gazette from Montreal, Quebec, Canada • 16

04 EARLY ED. THE GAZETTE, MONTREAL, FRIDAY, JULY 14, 1995 1 Wlndom Toronto eompuiersitoi'riHiing mi-, II.U..II ii mm 91 iiiiib iji i.iiii .1 in mill Broadcasters seek to strengthen English-language TV in Quebec City Tele-Metropole Inc. and CanWest Global Communications Corp. announced yesterday the signing of a letter of intent to revitalize English-language television station CKMI in Quebec City. Microsoft says software is advancing so quickly that computers could be obsolete after one year MEL OUVALL CALGARY HERALD ORONTO People who have put off buying a computer until Microsoft Corp.

releases its nr much anticipated Windows 95 operating sys tem might not be heartened by the com 9 mmwm -1 (its 04li I I jt fejty'jL-aA ments of Robert McDowell, the company's vice-presi-Hent (enterprise customers). No, he insists, Windows 95 will be on shelves as promised in August. But in his speech to the COMDEX Canada computer trade show here yesterday, McDowell said improvements and increased demands on computer systems are happening at such a rapid pace, your new computer will probably be obsolete before its first birthday. can make a promise to you this morning," he said, Vyith tongue only slightly planted in his cheek, "that if you buy a new computer today, Microsoft will bring but a new program within 12 months that will be so enhanced, so feature-packed you'll want to buy a new computer to take advantage of it." pace of change, and the hold that Windows 95 has already gained over the marketplace, is clearly evident at COMDEX Canada this week. Less than a year ago, it was rare to see full-motion video played on a computer monitor, and the picture was usually jerky and filled half a screen.

Full-screen, full-motion video Booths at the trade show, which wraps up today, are filled with computer systems playing full-screen, full-motion videos. Some could be seen playing two videos at once, while bthers were set up to double as TV sets. IBM Corp. is displaying a computer system equipped for voice recognition, allowing people to tell Jheir computers what to do. The system can only type 100 words per minute and the user must speak in a staccato-like voice to separate words, but spokesman Ian Steer said it won't be long before you'll be able to tell your home computer to turn the lights on, tune in your favorite TV program and start the coffee brew-iag.

"The only thing that's limiting us right now is the speed of the processors and the amount of RAM (random access memory) in computers," added Steer. "But that won't be a problem in two to five years. i.You'11 be able to speak in a regular voice, with no spac- CKMI will offer original regional programming to complement Can West's mix of Canadian and foreign programming. Tele-M6tropole will apply to the Canadian Radio-television and Telecommunications Commission for permission to rebroadcast the Quebec City signal to Sherbrooke and Montreal. The application will be completed in the next few weeks, said Andr Provencher, TM's vice-president (programming).

In recent years, CKMI has served primarily as a re-broadcaster of CBC Montreal's signal. A review showed that most viewers are able to pick up the Montreal signal by other means, said Guy Crevier, president of Tele-Metropole. The new focus on regional programming will result in the creation of newsroom and production jobs, Provencher said. "Our ratings have always been very low because we were essentially rebroadcasting CBC Montreal's television signal. We will have much more of a regional focus," he added.

Neither side disclosed the financial terms of the agreement, which is subject to closure and regulatory approval. With the venture, CanWest Global will have an ownership stake in television stations in every primary Canadian market except Alberta. Quebec trucker appeals ruling TORONTO A Quebec trucking company blamed for accident that caused a massive traffic jam says it will appeal sanctions that drastically reduce the number of trucks it can put on Ontario highways. The Ontario Ministry of Transportation ordered yesterday a limit on the Ontario fleet of Provost Bulk Transport of Anjou, following a review of the company's maintenance and safety record. The order limits the company's fleet to 100 vehicles on Ontario roads between July 24 and August 6.

Provost usually operates 1 66 vehicles in the province. The sanctions will be put on hold until the appeal is completed. The June 13 accident on Highway 401 in Toronto during the morning rush hour backed up traffic for half a day, causing a traffic tie-up that extended for miles. A small amount of chemicals spilled from the truck and prompted the evacuation of nearby homes. Developer seeks control of NEW YORK A leading real-estate developer and the largest creditor of Olympia York U.S.A.; made an unsolicited bid yesterday to gain control of the troubled real-estate concern, whose 14 million-square-foot portfolio includes a number of prime Manhattan properties, including the World Financial The offer to recapitalize and reorganize Olympia York U.S.A.

was made by a group that includes an affiliate of Tishman Speyer Properties Inc. and Apollo Real Estate Investment Fund LP, which is controlled by financier Leon Black. For more than a year, Apollo has been buying deeply discounted debt of Olympia York U.S.A. in an effort to build a controlling position in restructuring the real-estate company. Apollo is now Olympia York U.S.A.'s largest single creditor, holding more than $400 million face amount of its debt.

Formerly controlled by Paul Reichmann, Toronto-based Olympia York Ltd. was seized by creditors two years ago. To avoid a fate similar to its Canadian parent, Olympia York U.S.A., which has about $5 billion in debt, continues to negotiate a restructuring of its outstanding obligations with creditors. GAZETTE, CP. NEW YORK TIMES CP IBM Canada president Khalil Barsoum delivers the keynote address at the COMDEX '95 convention in Toronto.

ing between the words, and it will understand everything you say." Close to 55,000 people are expected to pass through COMDEX Canada this week, and not one of them will be able to avoid the presence of Windows 95. Microsoft advertisements are everywhere and its booth takes up a commanding space in the SkyDome. A good one-third of the show's panel discussions deal with the merits of upgrading to Windows 95, and the main topic of discussion" at competing software company's booths is how much faster their programs will perform under Windows 95. "I'm picking up a lot of confusion out there," said Rob Armstrong of Advance Multimedia a Cal gary company displaying its computer-training programs at the show. "People aren't sure if they'll be able to run it on their computers or if they'll still be able to run their old applications.

"I don't think they're necessarily doing a bad job of getting the message out. People have been running (the old version) of Windows for so long, they're not sure if they should take the big step." Microsoft says consumers shouldn't be afraid of Windows 95. "There are so many PCs out there that aren't being used very effectively," said McDowell. "We think Windows 95 will change that." nsurance companies ask Ottawa to rein in banks gord Mcintosh canadian press volved in the turf war over who should be able to do what in financial services instead of leaving the process to politicians eager to please banks, said London Life president Gordon Cunningham. "Canadians have been divorced from the process," said Cunningham, chairman of the Canadian Life and Health Insurance Association, said from London, Ont.

Ottawa conducts a full review of all legislation governing the financial-services sector every four or five years. Normally, this review is a sedate af fair, with each part of the financial community quietly lobbying Ottawa for regulatory changes, often at the expense of competitors. But in 1992, the banks won the right to own insurance companies while insurance companies were prohibited from holding full-service chartered banks. The era of clubby niceties ended abruptly. The next review is not until 1997.

But the insurance industry fired an opening shot this week with a brief to the Finance Department. It demands redress for favoritism of the banks before any more new business powers are given to them. Banks have argued they need enhanced business powers to compete globally and stimulate the Canadian economy. The 1992 change might have been intended to increase competition in the financial marketplace, Cunningham said. But it accomplished the opposite.

The life insurers are also angry about a wide range of competitive advantages the banking industry enjoys over them. OTTAWA Intense rivalry between the life-insurance and banking industries went public yesterday with the insurers petitioning Ottawa to take back many of the wide powers bestowed on banks. The life-insurance industry also wants Canadians to think hard about the influence and clout their banks now have over the economy. Ordinary Canadians should get in 40 45 175 195 215 210 2268 OC 65 85 75 20 802 JA 30 90 105 90 20 818 0C 7 30 110 135 120 20 70 8 295 325 215 0C 22 120 145 180 10 15 40 65 223 JA 22 200 250 280 25 25 Trans Canada Options combine Montreal Toronto and Vancouver option trading. A PUT.

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