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Orono Weekly Times, Wednesday, October 14, 19927 - Home Hardware Grand Opening - Newcastle It was a novel way to cut the red ribbon last week when the bucksaw came out to cut a cedar post. Pictured above in the ceremonies are Counc. Ann Dreslinski, Wally Boughien doing ail the work and a retired emnployee from Newcastle Lijmber, David Thrower, looking 'Field of Steam " The officiaI1 opening came about with the amalgamation of a Home Hardware operation with Newcastle Lumber. John Adamcryk, owner, said they will be handling a full line of hardware along with a fulllfine of lumber as ini the pas:. "We are Report from Ottawa. by Ross Stevenson MP for Durham Staring January 1 ther'll be a simpler, fairer and more generous system of child benefits for most Canadian families. With the new federal Child Benefit, the current patchwork of Family Allowances and refundable and non-refundable tax credits ahl are being replaced with one single monthly payment. That monthly cheque will go to thie same person who now receives Family Allowance (usually the mother), with the amount received depending on the number of children, their age, and the family's total net income. Child Benefit legisiation was approved recently by the Hlouse of Commons, and is now before [he Senate. lîs aim is to direct assistance to the low and modest income ['amulies who have the eatest necd. Most famnilies with hiighi ýonies -- over $75,000O per year - - won: qualify for assistance they don't require. But 84 per cent of al families with children will continue receiving benefits. And two-thirds of ail families will have enhanced benefits increasing by $2.1 billion over the next five years. The Chîld Benefit will bc non- taxable, and thus doesn't have to bc reported for Income Tax.The amount paid is calculated automatically, and made up of a base amount of $85 per month for each chîld, rising to $9 1.25 for the third and subsequent children. A further $17.75 monthly is included for each child under seven years if child care expenses aren't claimed a: tax timie. As well there's an earned incomne supplement of up to $4 1.67 mionthly, to hclp low- incomec famnilies make- the transition fromn social assistance :0 Uic work force. So, for examnple, a miother with t.wo children age 7 and a family incone of S30,000 should receive looking to the f1ture", stated John, 'it is the way 10 go" Newcastle Lunliber has a long standing in NewCastle Village dating back some 50 Y 'ears with the opening of N(,well Lumber. Adamcryck has b-enl owner for the pas: eleven yea-t-s.. $153.25 each moniîh beginning in January. if you're now r(çeving Family Allowance and filwd a tax retumn 1last year, you doni need to apply. Health and Welfafe Canada will be notifying you Whether you're eligible for the neW Child Benefit and the amount yoü can ex pect. It should be notAd that this new system won't affeci any paYmeflts you're entitled to receive during the balance of 1992, as the Child Benefits dont comfe into effect until next JanuarY. Making the payments on a regular monthly basis should help ensure that in future lwino parents ddn't sacrifice any part Of their benefits to tax discouniters. The Child B,-nefit also is designed to adjust more quickly to changes in familý status. Under the present systeni families often must wait up to a year to receive increases to whîch tIhCY'fCentUed due to the birth of a child or a mnarriage breakup. Ail of us understand that our future well-being and prosperity (Continued page 11) At the last meeting of Orono' Wayne Bailey, Director of Lodge # 32S, A.F. & A.M. on Ceremonies; Bro. Calvin Hamm October 1, long - service pins were (60 yrs.);- Bro. Mac Smith (50 presented to brethren for 25, 50 & yrs.); and W. Bro. Alan Mote, 60 years in Masonry. Pictured Worshipful Master. above from left are R.W. Bro. rTHE ORONO TOWN HALL BOARD îChristm--as Craft Show will be held November 20, 21, 22 ANYONE WISHING TO PARIICIPATE PLEASE PHONE 983-9605 or 983-6150 COING ON A TRIP??? GETTING MARRIED??? Planning a Special Evening on the Town for Dinner, Z --- the Theatre or the Big Game??? HOUÙRGLASSi Limousine Service will get you there and back in safety, com fort and style. CAIL TO RESERVE EARLY -71ý 9 Ltd. Antique Pocket Watches, Clocks & - Modem Watch Repairing Ail work done by Swiss-Trained Watchmaker (W.0.S.T.E.P.) (Neuchatel, Switzerland) Member of CanadianA American Watchmakers &JewellersAssoc. Goldsmith in Store for Custom GoId Work and Jewellery Repairs Ail work guarante.d. Free Estlmato. DAN HOOPER (Ceïtified WatchmaKer) AGENTS FOR: Rolex SCardinal Seiko 5 Tudor 39 King Street West Bowma nville, Ontario Ll C 1 R2 (416) 623-5747 Fax (416) 623-5303 Caravelle Ple 0 Omega qw Heuer Bulova O Citizen Swatch X Howard Miller Grandfather Clocks -150 Eagle Star Pocket Watches Largest Selection of Watches Anywhere RW