The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Wednesday 1989 J Business Page Experts cant predict economic market swings in a global economy Financial advice can be expensive or it can be free ITS YOUR MONEY Paul J Rockel Diane Your Business Could globalization fizzle The past decade has brought an opening of world economies and financial markets helped by computer technology Year by year we have been edging closer to a global economy The change has been a headache for national policymakers and economic analysts No longer can one predict the future of business and the economy based on a limited number of factors Sudden ly the doors have been thrown wide open and for example events in Japan are affecting mortgage prices in Canada Money is sloshing over national borders wreaking havoc with domestic money supply interest rates soar and dip as hot money short term investment capital roams the globe looking for the highest yield Billions of dollars jump from one country to another in a matter of seconds just another flash on a computer screen As a result interest rates bounce around from day to day and hour to hour Horizons of borrowers and investors alike ire growing shorter and shorter as planning becomes more difficult The havoc is not limited to the financi d world Plant closings layoffs in the investment industry and shifting real investment are bnnging a new uncertainty to Canada s future Spurred by this uncertainty Canada has joined in a free trade pact with the United States by far our biggest trading partner MOVE Despite what people are saying about the freetrade deal it will prove to be a good move in the long run In the meantime the economy remains on shifting sands What if it all comes to a half The catalyst could be a world wide economic slowdown and a subse quent drop in world financial markets Hard times could spark that most dreaded thing a global trade war SPECIAL BEST PERFORMER 8088 640 RAM Floppy Philips lor 107500 Call Bill at Vitex Specializing In affordable PCs Software and Per for homo and business use Already United States and Japan are growing increasingly cranky insulting each other economy and political system and anything else that presents itself as a topic of debate Each say Ihe other had better start doing things our way or else If il gets much worse the world could indeed break up into number of big trading blocks juts would not necessarily be most thriving Japan would align with the Pacific Basin and perhaps China Europe the number one economic power in the world to day would busy itself integrating Eastern Europe and the Soviet Union SOUTH We in North America mean while would have to start thinking seriously about our role in the economies of Mexico Central America and South America They could be our biggest and perhaps only new customers What have we got that our southernmost neighbors need Quite a bit but not as much as the Americans The challenge for Canada will be to find a niche in these newly developing markets What they have that Canadian manufacturers seem to want is cheap labor Already several Canadian companies have set up shop south of the Mexican border to make goods for export to the United States and Canada If globalization begins to falter we will be thrown back on ourselves This will be a blow to the United States but less so for The reason is that we are just waking up to the new trend If it proves to be a flash in the pan we will be tempted to shrug and go back to sleep again Our sleep would be fitful Like it or not the world is going boldly where no one has ever gone before The global economy is in flux and no one seems to have the faintest idea where it will all lead Financial advice can be costly or can be free tor those who have a great deal of wealth they can afford to pay a financial planner or more per hour for his or her vices Problem is only the wealthy can afford those sen ices and yet it is Mr and Mrs Average citizen who really could use the advice of a financial expert There arc many financial ad consultants experts or whatever you wish to call them who will work free Problem is they are usuallv connected to an in dustrv and they are to sell you their product We ve run financial ad visers who charge hundreds of dollars per hour who didn even know what a mutual fund plan is and how it can give people an almost tax free income Whereas there are free advisers who know these things because they are offering them to the public Advice is the opinion of so meone who has studied financial planning and those opinions can from person to person Here is where dealing with an independent is tant In financial planning the two most important things to plan are our living estate and our death estate On top of thit is Ihe minimizing of taxes both while alive and in passing estate on to our heirs there ire people well qualified in alt of these Ihings who will do vour planning or fret in the hope of selling some of their products OFFICE MAGIC FOR ALL YOUR OFFICE STATIONERY NEEDS 136C Guelph St THE CORPORATION OF THE Town of Hills Hills Box 128 HALTON HILLS Georgetown L7G NOTICE During the forthcoming Christmas and New Year Holidays all refuse and recycled materials will be collected on your collection day SEASON S GREETINGS Hills Public Works R C Austin Town Engineer Town of Halton Hills 1 Hills Drive P O Box Halton Hills Georgetown L7G 5G2 The independent adviser who has both investments and life insurance available from a large variety of companies is seeking programs through those com that meet needs He r she offer as many as different investment funds and have uVail rates and programs from different insurance and companies Therefore because of hisher independence they can find the product within those fields to meet the client s needs A consultant who is employed by a specific financial institution is limited by only being able to offer that company cial products This may or may not be most suitable for a client specific needs for more information on per financial planning contact Peter Drive Georgetown Out I Or phone 7216 Paul J is the author of the best seller Why I Invest in Mutual and President of Regal Planners Ltd I THE CORPORATION OF THE Town Hills I Halton lis Dr O Box HILLS Onlar L7G APPOINTMENTS TO VARIOUS BOARDS AND COMMITTEES The Corporation of the Town of Halton Hills will be considering appoin to the Boards and Commiitees outlined below Applications together with a short resume will be received unlil January 5 1990 If you are interested in apply ng for membership in more than one Com mittee please list those you are n apply lor in order of priority Please note that a Committee of Council will be interviewing the Committee applicants and making recommendations to Council ADVISORY COMMITTEE One 1 s needed for a three year period to pin three other members of the public and two Councillors on this Committee The Committee meets up to six 6 mes per year and discusses policy for the Town Service is a public transit service for han residents of the Town PROPERTY STANDARDS COMMITTEE One member is needed to join two other members for a term ending December 1992 The Committee meets to hear appeals of property owners from Orders to Comply issued by Property Standards Officers Applicants should be residents of the Town who are not Town em LOCAL ARCHITECTURAL CONSERVATION ADVISORY COMMITTEE Five 5 members are needed to serve on this Committee for three and two year terms The Committee advises Council on the designation of buildings of historic and architectural interest under the Ontario Heritage Act APPLICATIONS SHOULD STATE a The office or for which you are applying b The name address and qualifications the applicant as well as a telephone number by which you may be reached during business hours For more information regarding the Committee please telephone 873 Ext 336 and ask for a brochure to be mailed to you Applicants will be mailed a brochure automatically Please apply in writing to Stephen Thomson Administrative Assistant Town of Halton Hills Box Hills Georgetown Ontario BONUS GIFTS a 1st Rate Chequing Account or 1st Rate Plus Account With 1000 or more and receive a free gift Microwaves Royal VCRs and mote depending on your deposit amount Full details at the branch the municipal a loan corporation VmtMXt GEORGETOWN South a Ontario cMt