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

Owners will be notified by mail and asked to return the vehicles to their dealers to have the lower body mounts and attaching bolts on the rear corâ€" ners of the subframe that supports the engine and transmission replaced at no charge. > Calling all wouldâ€"be entrepreneurs Due to exposure of unusually large amounts of road salts and moisture, the body mounts may corrode, permitting the mount assembly to separate. If both mounts separate, steering efforts may increase substantially. Ford of Canada is voluntarily recalling approximately 63,200 Taurus and Sable models from the 1986â€"88 model years as well as the 1988 model year Lincoln Continental with Vâ€"6 engines, originally sold or currently in use in Ontario, Quebec and the Atlantic Provinces. I®» Ford issues recalls on Taurus Any person considering starting a business or who is in business and has questions is welcome to attend the next free session, which will be held by the Small Business Committee from 7â€"9 p.m. at the Chamber of Commerce offices on Country Squire Lane. Members of the Chamber with expertise in areas such as finance, insurance, law and human resources, volunteer their time to answer the questions of persons considering starting a business. If you are interested in attending the February Starting A Business Panel please contact the Oakville Chamber of Commerce, 845â€"6613. The Oakville Chamber of Commerce invites anyone considering start ing a business to its Starting A Business Panel, on Wed., Feb. 24th. WATCH FOR THE LOCATION OPENING NEAREST YOU! DISTRICT OFFICE Minimum investment $500. Interest paid annually. *Rate subject to change without notice 1395 Abbeywood Dr. 2828 Kingsway Dr 825â€"8045 829â€"2001 The PERFEC T number int 1/4% BONUS ON 1â€"4 YR. FIXED RATES. 90â€"DAY GUARANTEE ON TRANSFERS. PRIME RATE LOANS AVAILABLE (O.A.C.) Come in and see us! NATIONAL BANK OF CANADA RRSP! Let‘s talk for your RRSP For more information, contact us today! 260 Lakeshore Road East 6 OAKVILLE Abp PQ N SPREAD MONTREAL TRUST alist Ahead In Personal Service RRSPâ€"GIC Raté Sheet B»» 849â€"8300 RRSP s: are your investments backwards? Ford losses soar to $364â€"million During the past 15 years, he has contributed to a RRSP and his equity mutual fund has grown to approximately $150,000. About five years ago, he started purchasâ€" ing Canada Savings Bonds and they total $50,000. The solution to your tax overâ€" payment problem could be found within your RRSP. To illustrate this, I will describe a fictitious Oakville resident. We all pay too much tax. However, some donate more tax dollars to the tax collector than is required. Overseas operations in Australia and New Zealand recorded a $22â€" million net loss for last year comâ€" pared with a $123â€"million loss in 1991. Canadian operations recorded a loss of $342â€"million for last year on sales of $12â€"billion compared to a $98â€"million loss on $10â€"billion in ales for 1991. Sales and market share rose If there was any good news from the Oakvilleâ€"based automaker, it was that consolidated sales last year were $14.4â€"billion an increase of $2.3â€"billion or 10 per cent from 1991. Consolidated wholesale vehiâ€" cle sales were 804,900 units, up 5 per cent to 41,300 units. Ford also increased their market share in Canada .3 per cent to 19.6 per cent with company vehicles best sellers in six of the top 12 marâ€" ket segments. Ford Taurus was the best selling car in North America and the Ford Fâ€"Series pickup was the market leader for the 27th straight year. The company also announced an increase of $12â€"million to the 1991 he flow of red ink continues I at Ford Canada Ltd. which has recorded a consolidated net loss of $364â€"million for last year, compared with a $221â€"million loss for 1991. NN Financial‘s new revolutionary IMS II Canâ€" Am Fund offers S&P 500 Index performance, and it is RRSP eligible. For further information, contact: PUT AMERICAN EQUITY PERFORMANCE IN YOUR HIGHLY RATED fRS§Hq! DON‘T MISS THE MARCH 1ST DEADLINE CALL OR VISIT US TODAY! If you‘re looking for RRSP investments that provide safety of capital, and a highly competitive rate of interest, then Prenor Trust has the range of options you need. With a Praonar Tmet RRED ‘LABOUTI\ With a Prenor Trust RRSP, Y * you‘ll enjoy the kind of attentive, Y? personal service you expect from a neighbourhood trust company. _ CONV And you‘ll have the security of RRS knowing that your RRSP is being G handled by an established company, with more than 70 yvears of history behind Larry G. Green, BES, CLU, CHF.C. (416) 829â€"3300 ? &R PE N 0O & L2 Prenor TRust rde (54% 216 Lakeshore Road E Towne Square Oakville 842â€"9455 € #°® % His afterâ€"tax return is 5%. This investment should be held within the RRSP because the interest loss to reflect the retroactive impact of the previouslyâ€"announced accounting change for postâ€"retireâ€" ment benefits. The decline from the previous year reflected primarily unfavorable exchange costs associâ€" ated with the decline in the Canadian dollar, higher product and product program costs and higher marketing costs. Company president and chief executive officer, James O‘Connor, said "1992 was a difficult year with continuing high unemployment, low consumer confidence and a decline in the car industry for the seventh straight year." "Many of the problems that affected the company in 1992 are continuing into 1993 including weak economies, intense competiâ€" tion, and excess industry capacity," said O‘Connor. "However, the company‘s costâ€"reduction efforts and recent product introductions, coupled with gradual economic recovery, provide the basis for improved operating results for 1993." O‘Connor said the company began a $2â€"billion investment proâ€" gram last year, the largest in the Ford‘s history, that will see the introduction of a new minivan in Oakville early next year. On the surface, things look fine but look more closely and you will see that his RRSP investments are backwards. Assume the Canada Savings Bonds generate interest income of 10% and he pays approximately 50% in taxes. He works hard and what free time he does have is spent with his wife and children. There is not much time to spend on his investâ€" ments but so far, he is pleased with his results. _ GIG CONVERTIBLE RRSP/RRIF it A more taxâ€"effective way to hold these investments is to transfer the $50,000 of bonds into the RRSP and move $50,000 of the equity mutual funds outside of the RRSP. The equity mutual fund will now be subject to income tax but the tax treatment on capital gains is far better than the interest rates earned by the bands. Any capital gains can be applied to his $100,000 lifetime capital the funds were withdrawn from the RRSP. income would not be taxed until ve re offerin in Canada Dick Hinson, president of Searle Canada Inc., presents a Phillips video disc laser player to Donna Goodfellow in honor of the $53,000 raised for the Oakville United Way by Searle employees. Donna was randomly selected among employees who made UW pledge donations. Also pictured here is Linda Tovey of Oberon Productions Inc. who helps make the presentation. What Do You Do Atfter You‘ve Given The Highest RRSP Rate* 4 Years In A Row? Some things never change. Just like we did last year and the three years befor ring an RRSP rate higher than the 5 major financial a.* Find a higher posted rate, and we‘ll beat it. It‘s t Consistently higher rates. consistently better servic he Hongkong Bank of Canada Do It Again. Now. what can we do for vou? h TD. Bank on fix I t 10 Dorval Drive If not, create a plan to ensure they are! Call for your complimentary RSP Analysis (value of $250). ARE YOU SURE YOUR RSP‘s ARE PROPERLY POSITIONED, CONSIDERING TODAY‘S ECONOMY? 845â€"7 164 T)/ i| B THE EQUION GROUP WEALTH CHEANION, PRESEXVATION & MANAGEMENT BURNS FRY gains exemption. If there are addiâ€" tional capital gains or the $100,000 exemption has already been used, only 75% of the gains are added to the income for tax purposes. f Finally, capital gains taxes are only paid when the assets are sold. A good investment could be held for several decades and therefore grown and compound on a taxâ€"free basis. « The penalty for not doing this is paying more income tax than is necessary. * Peter Watson, MBA, CFP, RFP is the President of Peter Watson Investments Limited, an Oakvilie firm specializing in retirement planning, RRSPs and investâ€" ment planning. Call 842â€"7602. As a general rule, if you own interest bearing investments, they should be held within your RRSP in order to compound taxâ€"free. _ _ CIBC. Bunk of Montreal edeemable RRSPS. with Fidelity Investments Canada Enhance your RRSP (TH Mark Slipp (A16) 359â€"463: re il institutions it simple VY M 1k