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* 2 The Canadian'Statesman, Bowmanville, February 6,1985 Kidney Foundation Dance to be Held Next Month in Newcastle Local residents are being asked to circle their calendars to Saturday, March 2 for the fourth annual Kidney Foundation Dance being sponsored by the Ransberry family of north Orono. The dance will be held at the Newcastle Community Hall in the Village of Newcastle. Music will be provided by Bill Taylor and The Tradesmen, a five piece band offering both country and western and contemporary music. The evening begins at 8 p.m. and continues to la.m. All proceeds from the event will go to the Kidney Foundation of Canada. The Ransberry family are members of the Durham Region Unit of the Toronto and District Branch of the Kidney Foundation. Tickets to the dance are $15 a couple. While tickets will be available at the door, residents are encouraged to call Harold Ransberry at 983- 9597 for information. Harold and. Norma Ransberry got involved with fund raising for the Kidney Foundation after their son Don underwent a kidney transplant in 1969. Through medical research made possible through fund raising by the Kidney Foundation, Don Ransberry enjoys a healthy lifestyle. March has been designated Kidney Month. Over 2,000 Canadians are waiting for a Lung Assoc. Launches New Smoking Program Durham Region Lung Association Association will launch its new smoking cessation program "Countdown" in Oshawa, starting Tuesday, March 5th. The seven session session Course will be held at Eastview Boys and Girls Club, Eulalie Avenue with a choice of either afternoon or evening sessions for a $50 registration fee. Included in the cost of registration is a relaxation tape 1 and maintenance program. Countdown offers two programs in one - a group program and a self-help program. The course is designed designed to not only help smokers successfully "kick the habit", but to also teach new behaviours which ensure ensure the ex-smoker can maintain a non-smoking lifestyle. Course members have only five weeks in which to break a lifetime addiction. However, the friendly competition competition and genuine support support of fellow group members, members, coupled with professional professional direction from a Lung Association Course Leader has proved to be a winning combination. Most recent statistics show that, in a one year period, 30,000 Canadians died as a result of smoking related diseases. For the smoker who really wants to be free of cigarettes, Countdown is an answer. Pre-registration is required, required, and enrollment is strictly limited. For more information, call Durham Region Lung Association at 723-3151. kidney transplant every year. In addition to a country-wide door-to-door campaign, the Kidney" Foundation will hold special events during March. ' Local residents are being encouraged to come out to enjoy this dance in Newcastle to help support research into . kidney disease. Fleischmann's Contributes to Heart Fund i During February, f Fleischmann's, a division of j Nabisco Brands Ltd., is inviting consumers to j participate in a coupon j campaign on Fleischmann's ; margarines to benefit the Heart and Stroke Foundation of Ontario. "It's expected that the Heart and Stroke Foundation of Ontario will receive approximately $60,000 from Fleischmann's," says P.T. Johnson, fundraising I chairman. "Our total objective for 1985 Heart and Stroke Fund is $9.7 million." Consumers in Ontario will receive coupons by mail for discounts on Fleischmann's margarines. For every coupon redeemed, the Heart and !; Stroke Foundation of Ontario will receive a 10-cent | donation. In addition, the |i backs of selected packages of j, Fleischmann's products will j carry a mail-in refund offer. By sending proof-of-purchase ; of six pounds of any Fleischmann's margarine to >j the company, consumers can donate $1 to the Heart and E Stroke Fund and receive back $1 -- or they can donate $2 to the Heart and Stroke Fund. "In past years we were pleased to find that most shoppers chose to make the $2 donation to the Heart Fund campaign," says Bob Allin, Director of Marketing for Nabisco Brands Ltd. This is the third year for the (i Fleischmann's Heart Fund refund offer. Contributions to the Ontario campaign by Fleischmann's in previous j; years totalled more than $120,000. According to Allin, the , reason Fleischmann's is involved in the Heart and Stroke Fund campaign is that Fleischmann's margarines are frequently recommended by doctors and dieticians as ideal for consumers wishing to reduce their risk of heart disease. "Fleischmann's Com Oil margarine has 40% polyunsaturated fat and Fleischmann's Sunflower jj margarine has 55% polyunsaturated fat. And polyunsaturated polyunsaturated fats help to lower ! blood cholesterol and thereby reduce the risk of coronary j heart disease." "In addition to taking j- advantage of the Fleischmann's Heart Fund ; refund and the health benefits ; of Fleischmann's margarines, we urge all people in Ontario to be generous in their donations when the volunteer Heart and Stroke Foundation i canvassers visit," says Johnson. Research funded i by these campaigns has shown effective ways to reduce the risk of heart disease and j strokes. Further research will save more lives. We believe our 1985 theme makes sense: I FOLLOW YOUR HEART - GIVE WITH YOUR HEAD. Sweetner of Tax Shelter No Longer a Necessity For Real Estate Investors Investors increasingly are realizing that real estate estate is able to stand alone, on its individual investment investment merits, without the "sweetener" of tax shelter. According to Larry Gamble, Gamble, Vice President & Manager Manager - Investment Brokerage, Brokerage, Royal LePagc Commercial Commercial Real Estate Services, this perception is underlined underlined by the continuing success success of syndicated offerings of existing properties structured structured as an investment without tax writeoffs against outside income. "Currently, these investment investment are capable of providing providing a 6-12 per cent after-tax return, a yield comparable to that offered by stocks and bonds, as the income can be sheltered by use of Capital Cost Allowance." In addition, says Gamble, investment in real estate provides better leverage than stocks and bonds and direct ownership of the property without the day-to- day involvement, During 1984, acknowledges acknowledges Gamble, hotel syndications in the form of Limited Partnerships enjoyed enjoyed a fair degree of popularity. popularity. But because of their tax shelter benefits, hotel syndications cannot be exactly compared to "standalone" "standalone" investments. Nonetheless, they have served as an important market market indicator, says Gamble, in that they have provided a high-profile example of the growing popularity of syndicated real estate offerings, offerings, "Hotel syndication pro vided an opportunity to invest invest in substantial ventures combining the ability to acquire acquire the expertise of professional professional real estate and hotel management people, with the freedom from day- to-day management." Gamble adds that hotel syndication also has the added advantage of investing investing in a business, as well as real estate, with the benefits benefits of appreciation, tax shelter, cash flow and use of leverage. If the syndicated offering is structured as a Limited Partnership, the investor is able to write off all expenses expenses of the business including including Capital Cost Allowance, Allowance, providing the same type of write-offs as found in M.U.R.B.s. For the future, Gamble sees syndication becoming part of a growing list of services services offered by the financial financial supermarkets. "1 can sec a major promoter promoter of some name and consequence, consequence, like an insurance company, offering a public syndication as a means of disposing of some of its real estate portfolio, This would allow the company to continue continue to provide property and syndication management management services and, in addition, addition, offer the investor access access to its additional products," products," Royal Lel'age, Canada's largest diversified real estate estate services organization, employs more than 9,000 people in approximately 850 locations throughout Canada, the United States and elsewhere. Section Two SR 0 0 mt QB anoi BOWMANVILLE .BUSINESS CENTRE^ ■Ar' f-n'UÎO'S '•>'* • (■ ■ Free entry with every purchase of $5.00 or more at participating Downtown Bowmanville Merchants. Draw will be made on Wed., Feb. 13th and presented to winner on Feb. 14th.