The Ottawa Citizen from Ottawa, Ontario, Canada • 26

D2 THE OTTAWA CITIZEN TUESDAY, FEBRUARY 5, 1991 Business IAF BioChem U.S. gists tirade' complaints against Canada all it sought or Canada obtained By Clyde Graham The Canadian Press in the original negotiations," says the report. And Wash I' A JIM-. I ington is par is- ticularlv t- Ad- trade deal, but the report said Washington could retaliate by December under a provision of U.S. trade law called Super 301.

On investment, the United States is annoyed at an exemption protecting Canadian cultural industries such as broadcasting and publishing from U.S. ownership. Other complaints include: Failure to come up with new building standards that would allow more use of American plywood in Canada. Canadian Wheat Board refusal to release details of export sales, which prevents the United States from verifying the Crown corporation is trading fairly. No-name drugs made in Canada infringe on patents held by U.S.

firms. requirement, but Trade Minister John Crosbie has been challenged by the Canadian Labor Congress to do his own report card. Paul Benoit, Crosbie's spokesman, said his minister has no such plans. Although generally upbeat, the report says liquor boards in British Columbia, Quebec and other provinces are still limiting sales of U.S. wine and beer.

"The provincial liquor boards maintain artificially high prices on popularly priced U.S. wines and beer, thereby protecting Canadian products." The report said the United States is considering its options on wine under the free-trade system for settling trade disputes. Beer was excluded from the States copies of agreements with Asian automakers Honda, Toyota and Hyundai, which operate plants in Canada. That's made it tough for the United States to monitor compliance with the trade deal. On Jan.

1, 1989, Canada and the United States began a sweeping, 10-year deal to phase out tariffs and a -host of other commercial barriers governing about J200 billion a year in trade. Bush says implementation has, gone smoothly and there have been remarkably few disputes. An agreement last May to speed the lifting of tariffs on 400 products was the most notable success under free trade, says the report required by U.S. law. Canada doesn't have a similar appointed that Canada refuses to increase the North American content Bush Seeks concessions I The United States still has a Jong shopping list of complaints against Canada after two years of free trade.

i U.S. President George Bush said in a report Monday he's generally happy with the deal, but that won't stop Washington from seeking more concessions. Provinces are still unfair to U.S. liquor, the federal govern-tnent is too secretive about wheat and cars; and protection for Canadian culture is irritating, says the report submitted to Congress on the second anniversary of the free-trade agreement. "Though much was achieved in the FT neither the United States required to make cars eligible for free trade.

The U.S. wants the level raised to 60 per cent from 50 per cent to limit the use of imported car parts at Canadian factories. The federal government has also refused to give the United Organizers may delay ARMX show I i i 9 1 1 1 1 i By Kristin Goff Citizen business writer Dr. Roger Perrault Dr. Francesco Bellini, President and Chief Executive Officer of IAF BioChem International is pleased to announce the appointment of Dr.

Roger Perrault as President and Chief Executive Officer of the company's wholly-owned subsidiary, IAF BioVac Inc. Dr. Perrault, who holds doctorates in medicine and is a member of several medical associations, has over the past 20 years held key positions involving the organization and operation of the Canadian Red Cross's blood transfusion service. IAF BioVac mission is to develop the vaccine division of IAF BioChem International a company dedicated to the research, development, manufacture and sale of high-quality pharmaceutical products for the diagnosis, treatment and prevention of diseases involving the immune system. i NOW LEASING! ii -TTTTTTTr in touch with repressive regimes which use weapons against their own people.

Ottawa Council in 1989 banned ARMX from further shows on city property so this year's show was moved to federal property near Carp. Richard Sanders, a spokesman for the Coalition to Oppose Arms Trade, said he was not surprised organizers are thinking of postponing the show. "They realize if they went ahead with ARMX in the middle of a war in the Middle East they would be confronted with outrage People would start asking questions about Canada's role in Iraq. It would become a major scandal," said Sanders. ARMX was scheduled to take place May 21 to 23 on the grounds of West Carleton Municipal Airport near Carp and is about 80 per cent sold now, said Temple.

The show, which is primarily directed at selling equipment and supplies to the Canadian Armed Forces, had 430 companies from Canada and 15 other countries displaying wares in 1989. Displays ranged from tanks and explosive mines to telecommunications equipment and helicopters. The show was picketed by several thousand demonstrators and became the focus for anti-war groups. Among the complaints were charges the show was a marketplace which put companies I irjCELES ZI Prominent and Attractive iS Ample Parking Safe and Secure TYnpvieHrpA Vrnnprhi Aannopmpnl ARMX, a controversial military trade show, may be postponed from the planned May showing because of the war in the Persian Gulf, an official said Monday. "At the present time we are ponsidering delaying the show," said Bill Temple, one of the show organizers.

Temple said the war Jn the Persian Gulf had affected jthe priorities of prospective show participants, who have more urgent matters on their agenda. He denied that bad publicity from past years was a factor and he said show planners were not considering cancelling the show, bnly postponing it. He didn't say for how long. thomas assaly corporation ltd. 51 BUILDING EXCELLENCE FOR OVER 37 YEARS ILJ Contact Doug Tilley 225-7972 Your Fire Chief reminds you that your firefighters have equipment to rescue trapped persons.

115101011011511510101101011 Algoma's credit rating suspended mm Inquire For Higher renewal rates 11 fill 1.75 cause the Hamilton steelmaker's $700-million writeoff of Algoma Steel its subsidiary in Sault Ste. Marie, "will give Dofasco a loss in the hundreds of millions of dollars." But she said the service decided to lower the credit rating only to AA Low after considering Dofasco's history of profitability and good management. The action will make it more expensive for Dofasco to borrow money, while Algoma may not be able to borrow money. HAMILTON (CP) The Canadian Bond Rating Services consid-iers Algoma Steel "insolvent" and has suspended its credit rating while lowering the rating of parent firm Dofasco. Annick Luke, industry analyst the Montreal-based bond rating agency, said Dofasco credit rating was lowered slightly, to AA Low from AA.

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