© a OPINION -REMEMBERING y, September 22, ursd & QUEEN SERVED 2 WITH UNWAVERING £ COMMITMENT, « WRITES MICHAEL # CHONG MICHAEL CHONG Column Her Majesty Queen Eliz- abeth II died on Sept. 8. For over 70 years, the Queen served as Canada's head of state — — the longest to ever serve in that role since it was established. The second Eli ‘QUEEN ELIZABETH II We shall not see the likes of her again, and mourn her death. al proclamation that pa- triated firmed the position of con- stitutional monarchy in Canada. During her 2010 tour of Canada (one of: oe she stat- ed the follow’ "Canadi- ans have, by ‘thei deavours, built a country and society which is wide- ly admired across the world. “I am fortunate to have been witness to many of the and Age is over. It will be re- membered for the Queen's unflagging dedication to duty and service. said: "My whole ie, sneinee it be long or abort brane be de- voted to your service. She spent her i life fulfill- ac- complishments of modern Canada. As Queen of Cana- da for nearly six decades, my pride in this country re- mains undimmed. My wife and I had the honour of meeting her dur- ing that tour. We watched as she and Prince Philip ing that The Queen's reign be- gan on Feb. 6, 1952. At that time, Louis St. Laurent was prime minister. Over the following decades, the Queen worked with 12 Ca- prime ministers and served for almost half of the time since Confeder- atiol Tor seven decades, she a Fy did everything Cana asked of her without con- troversy or crisis. Under her reign, Cana- da underwent important nation- pbuilding transfor- matio! On 1 Feb, 15, 1965, she is- ued the royal patiently hundreds of guests at a state dinner at the Royal York Hotel. She didn't leave until she had greeted the hotel work- ers—: pomething she insist- d 01 Her Majesty was there through watershed mo- ments in our country's his- tory and established her- self as a model for all of us to emulate. We shall not see the likes of her again, and mourn her death. ‘The Queen is dead. Long live the King. Michael Chong i is the MP for W that established our iconic red and White maple leaf flag as the national flag. § In1982, he came to Par- : liament Hill to sign the roy- ton Hills, pai the Thardow minister of foreign affairs for the official opposition. Hecan mbe reachet el. a. TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT THEIFPCA SNAPSHOT Gina Patterson photo Amonarch butterfly explores a backyard pond on Ewing Street. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. INTEREST RATES RISE AGAIN M PERSONAL FINANCES JUST GOT HARDER, WRITES PETER WATSON Another significant in- terest rate hike was recent- ¥ announced by the Bank da (BOC). The most eceat rate increase was three quarters of 1 per cent. The BOC is determined to reduce the annual infla- tion rate to the target of 2 per cent. This is the fifth consecutive rate increase, and the BOC said further increases are anticipated. This increase is signifi- cant for two reasons. First, the interest rate on loans will increase. If you have locked in an inter- est rate for the length of your mortgage, then your current rate will continue. Some have a ee PETER WATSON Column variable rate mortgage, which means the interest rate can be adjusted up- wards. The second consider- ation of higher interest rates is that many Canadi- ans are struggling to make ends meet because of infla- tion. Most things cost more, and some things cost alot more. Add in a higher cost yn borrowing, an eople may face fi- nancial hardship. Increasing interest rates to control inflation is part of the normal econom- ic cycle. That, in no way, makes it easier for individ- uals cope with higher Joan rayments suggestion is to spent time looking at your personal finances. Which are necessary, and which can be eliminated or re- duced? ter Watson is regis- es with Aligned « ad Partners Inc. (ACP! provide investment 2 dice Investment products are provided by ACPI. ACPI is amember of the Investment Industry Regulatory Orga- nization of Canada. The opinions expressed are those of the author and not necessarily those of ACPI. Only investment-related products and services are offered through Watson Securities of ACPI. Watson provides wealth manage- ment services through Wat- son Investments. He can be re ed at www.watsonin- vestments.com. This newspaper, published every lay, 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. 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