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© BOPINION -HEALTH-CARE = Halton Hills | Thursday, August : THEIR DEDICATION THROUGH COVID HAS BEEN AMAZING, WRITES TED ARNOTT TED ARNOTT Column The everyday heroes in our midst continue to be Ontario's health-care workers. They are truly resil- more than 28 months ago, their compas- sion and dedication to pa- tients have kept our health- care system functioning under unprecedented stress. WORKERS DESERVE OUR ADMIRATION July 29 to share updates. In recent days, Ontario hospitals have been facing enormous human resourc- es health challenges. The difficult decision to tot ‘tempo. to keep them open and functioni Patients have had to be redirected to other local hospitals, which has placed additional pressure on the emergency depart- ments that have remained open. Ihave known the minis- ter of health, the Hon. Syl- via Jones, for more than 30 years. Shi d her staff are working day and night to address this issue, both in the immediate and longer terms. The Registered Nurses’ Association of Ontario has presented thoughtful and nen _iusgestions to the Georgetown Hospital con- tinues to be the bu hub of our local health c: Their staff and volunteers have earned the thanks of our grateful community. Through the years I shave leged to represent Halton Hills in the Ontario legisla- ture, my office staff and I have worked closely with has sincerely wish Cindy well as she assumes new re- sponsibilities at Halton Healthcare, and we wel- ficer at Georgetown Hospi- 8 1 was very pleased to : meet them via Teams on know ¢ Hospi- tal views the emergency department's functioning asa top priority. Georgeto" ment continues. We are asking ie Ministry of Health for approval to move to Stage 2 of plan- ing, the functional pro- evan stage. We area also re questing a planni grant of $15 million for thes Stage: planning work, recogniz- ing that the Stage 1 plan- ning was done with the hospital's own funds. On July 26, I reminded senior staff in the minister's office that we need to get it done. Ted Arnott is the MPP for Wellington-Halton Hills. He can be reached at ted.arnott@pc.ola.org. TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT THEIFPCA SHAPSHOT Tony Fortunato photo Ared squirrel raids a bird feeder in a backyard on Trafalgar Road in Georgetown. Do you hai great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief descripti SHOULD YOU SELL YOUR STOCKS? A PETER WATSON Column Recent stock market re- turns have been very poor. Is it time to sell, or is this just a normal part of invest ting and should you remain invested? Stock market returns have generally rewarded long-term investors who stayed invested during both good and bad times. Investing in stock can come with some risk. Bond returns are lower than stock Zoturns over long _ peri tims There isa wistionshie be. tween risk and return. Afterastock market de- cline of 10 per cent, the average cumulative re- turn over the next one, three and five years was strong; specifically, 13, 35 and 69 per cent. After a stock market de- cline of 20 per cent the re- turns were 22, 41and 72 per cent. After a stock market decline of 30 per cent the returns were 24, 16 and 50 per cent. This information comes fro. Fama/ French Total us Market Research Index from 1926 to the present. All num- bers have been rounded off. Over a long period of time, stock returns are generally higher than bonds and are usually SIGN UP FOR OUR WEEKLY NEWSLETTER AT THEIFP.CA more volatile than bonds. it is the reason why most investors own both stocks and bonds allocat- ed according to their spe- cific situation and finan- cial objectives. Peter Watson is regis- tered with Aligned Cap- ital Partners Inc. (ACPI) to provide investment advice. Investment prod- ucts are ‘provided by AC- PI. ACPI is a member of the Investment Industry Regulatory Organization of Canada. The opinions ocean are those of the author and not necessari- ly those of ACPI. Only investment-related prod- ucts and services are of- fered through Watson Securities of ACPI. Wat- son provides wealth man- rement services through Watson Investments. He can be reached at www.watsoninvestment- This newspaper, published every Thursday, is a division ofthe Metroland Media Group Ltd., a wholly-owned subsidiary of Torstar Corporation. The Metroland family of newspapers is comprised of more than 70 community publications across Ontario. This newspaper is a member of the National NewsMedia Council. Complainants are heir concems. Council, Suite 200, 890 Yonge St., Toronto, ON M4W 2H2. Phone: 416-340-1981 Web: www.mediacouncil.ca , soca newsroom@theifp.ca IndependentAndFreePress. 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