February 7, 2012, Ladysmith Chemainus Chronicle

Page 13

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Ladysmith Chemainus Chronicle Tuesday, February 7, 2012 13

Catalyst gets initial creditor protection nod

Super Bowl party

Peter W. Rusland THE CHRONICLE

Members of the Ladysmith Eagles line up for chili at half-time during the Eagles’ annual Super Bowl Party Sunday evening. About 30 people watched the Giants beat the Patriots 21-17 at the Eagles Hall. LINDSAY CHUNG/CHRONICLE

Apply now for bursaries Nanaimo-Ladysmith Schools Foundaton applications due Feb. 17 High school students in Ladysmith and Nanaimo have until Feb. 17 to take advantage of more than 300 awards available to help them pay for their post-secondary education. The Nanaimo-Ladysmith Schools Foundation (NLSF) awards booklet and application for Nanaimo and Ladysmith secondary students is now online. This year, more than 300 awards, bursaries and scholarships totalling more than $290,000 are available for students of all interests, abilities and academic levels. Applications and further information can be found at www.nlsf.ca under the “Awards” tab. The deadline to apply is Fri., Feb. 17. “The NLSF scholarships, awards and bursaries offer a wide range of categories for students to chose from,” said Erin van Steen, executive-director of the foundation. “There are opportunities for students who are active in the community, excel in sports, have a specific study area they are pursuing or who have a financial need. We encourage students to apply for as many opportunities that are appropriate for them.”

The funds for all of the awards are supported by the service clubs, community organizations and private donors within the Nanaimo-Ladysmith community. This program is completely reliant on community donors. Without these opportunities, many graduating students wouldn’t be able to continue their post-secondary education. Last year, the NLSF scholarship and bursary program distributed 346 scholarships, bursaries and awards totaling more than $290,000. Unfortunately, a great need still exists, and the foundation is currently looking for financial awards in the fields of environment, graphic design, pharmacy, physiotherapy and veterinary medicine. NLSF recognizes that there is even a greater need than before for more scholarship programs so more students have the opportunity to achieve their dreams. NLSF, which has helped provide post-secondary scholarships since 1982, encourages community groups and individuals to contact the foundation at 250-753-4074 if they are interested in supporting the scholarship program. — Submitted

Catalyst Paper — owner of Crofton’s pulp mill — says the company, and certain of its subsidiaries, have gotten an initial creditor-protection order from the B.C. Supreme Court.The court granted protection under the CCAA for an initial period expiring on Feb. 14. It can be extended as required and approved by the court, Catalyst bosses said in a press release last week. While the company and its subsidiaries are under CCAA protection, all proceedings by its creditors are stayed. Catalyst

keeps control of daily E n e r g y , and operations at Crofton Paperworkers’ union and its other mills. — and suppliers. Catalyst brass said Terms of the pulp financial giant J.P. g i a n t ’s r e s t r u c t u rMorgan has agreed ing plan under the to provide debtor-in- Companies’ Creditors possession financing Arrangement Act, have to Catalyst. yet to be determined. J . P. M o r g a n i s A tentative plan expected to provide struck outside the the company with up courtroom was scutto approximately $175 tled during PPWC’s million of available union vote Jan. 28 capital during CCAA when workers rejectproceedings. ed Catalyst’s five-year The company’s oper- contract deal. ating revenue, comPrevious restructurbined with the Morgan ing terms by the debtf i n a n c i n g , s h o u l d ridden company, said allow the firm to meet the firm needed fresh i t s o b l i g a t i o n s t o contracts with its five employees — includ- union locals, including Crofton’s 400-some ing Crofton’s Local PPWC members, and 2 of the Pulp, Paper, 100-odd members of and Woodworkers of the Communications, Canada, by Jan. 31.

In the pink

PHOTO SUBMITTED

Members of the Nanaimo Angels Abreast Dragon Boat team had a blast bowling in their pink rental shoes during the Brechin Lanes breast cancer fundraiser. Four women from Ladysmith are members of the Angels Abreast team, and two — Francoise Earnshaw and Pam Richardson — participated in the bowling fundraiser.

CCSA’s 3rd Annual Fundraising Games Night for kids programs Friday, Feb 10th at Chemainus Secondary! 6:00 pm

COMMUNITY SCHOOLS’

Survey Says... COME TO THIS EVENT!

EVERYONE is welcome to come and watch or enter a team! Featuring our host “Mr. Darrell Dawson” and students from Chemainus El., Crofton El., and Chemainus Sec. as hosts, servers, and team “families”! Join us for a homemade lasagna dinner, 50/50, silent auction, and a guaranteed entertaining games night to fundraise for kids programs! Come to watch OR come to play... Enter a team (family) of 5 people and compete against another team!

BUY YOUR TICKETS NOW… includes lasagna dinner and seating to watch the event… Adults $12 - Children (under 12) $6 - Children (under 4) FREE

Contact: Chemainus Crofton Community Schools’ Association phone 250-246-3588 email ccsa@sd79.bc.ca fax 250-246-3501


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