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Peter Watson, MBA, CFP, RFP is the President of Peter Watson Investments Limited, an Oakville firm specializing in retirement planning, RRSPs and investment planning. He can be reached at 842â€"7602. ? â€" Half of that debt is held by foreigners. If their patience runs out and they decide to call this debt, we would be in serious trouble. So good luck in your new role as Prime Minister. The reality is that you are between a rock and a hard place. Our country has some very large issues to address but not much economic flexibility. It will require some very delicate balancing. Oh well, with time this hopefully will correct itself. this is not realistic because we do not have much room to maneuver. Our country has lived beyond its means for decades. Debt levels for the federal and provincial governments is $600â€"billion. Some continue to work but they conduct their activity in the underground economy. For several different reasons your revenue base shrinks. Taxâ€"paying companies and individuals leave the country. Of those remaining some use higher taxes as a disincentive to work. You don‘t want to raise taxes but unless you get the country back to work, we will suffocate economically. But then comes your worst fear. You raise taxes but tax revenue goes down. A. wellâ€"trained labor force must be supported by strong research and development. After all, we compete against other countries therefore we need a competitive advantage. So far so good. Solve the unemployment problem by providing better training and research and development. But there might be one small problem. Who‘s going to pay for this? Perhaps in your new role as Prime Minister you decide to raise taxes. Highâ€"paying jobs are the answer. We need highlyâ€"skilled workers that are well trained. For the good of the country, we must have full employment. But where do you find the jobs? What good is a work force that is not fully employed? Unemployed workers don‘t earn an income therefore they don‘t pay taxes. Plus the require financial assistance. It‘s like a doubleâ€"edged sword. Employment would be an important issue. Or should I say unemployment. Consider this hypothetical situation as your chance to decide how you would run the country. When the election is called you can compare your political solutions to those of the politicians. f ssume that you have a new job. You‘re the Prime Minister of Canada. Your objective is to run the country well. Reâ€"election is not a concern. Getting economy on track no easy task for new PM Two corporate mascots met to spread the United Way message. Oakville Hydro‘s Zap the Safety Bird (top right) and the UW‘s CAREâ€"Y hung the UW flag at OH‘s head . office recently. spacious bedrooms and minutes away from schools and recreation centre. Motivated! MARK KIRTON 338â€"6550. $148,900. Super starter, main floor family room with fireplace, 3 $93,500. Located in beautiful Bronte Harbour. Twoâ€"bedroom unit with view of lake, great building amenities featuring tennis court, R?R%I' and exerdse room, walk to Marina and trendy shops! MARK superb loc., min. away from rec. centre, an easy commute to Torontol! MARKKIRT 338â€"6550. $£09, 500. Kediuced to seill Upgrades gbdore reaturing in pool, hot tub, finished bsmnt. with 5th bdrm. and 3â€"pc. E $269,500. Reduced to selll Upgrades galore featuring inground $264,500. Located in ‘Coronation Park‘ this fabulous home is finished on all 4 levels. Two fireplaces, wet lilbg'rlplus a super mature lot with isnground pool to kill for!l MUST SEE! MARK KIRTON 338â€"6550. Start a Business Panel interested should call the Chamber of Commerce, 845â€" 6613. 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 on Wed. July 28th 7â€"9 p.m.: at the Chamber of Commerce offices on Country Squire Lane by the Small The â€" Oakville Chamber of Commerce invites anyone considering starting a business to its _ Starting _ A Business Panel. ) FREE FIREPLACE IF YOU BUY 1 BEFORE JULY 31ST. 4# I‘ 'Q ® HURRY. DON‘T § °C P missTHIs _ 1 SUPER i varuey, =" "(416) 945â€"2114 ommittee. Tell Your Landlord To Go LET US SHOW YOU HOW TO OWN YOUR FIRST HOME FOR LESS THAN YOU‘RE PAYING RENTI ~~ P u® 4C * Prices and specification wbject to change without notice E40E Brokers walcome *Baed on porchive price of The Danning at $117.390â€" **includes all discounts and incontives Friday to Wednesday 11 am â€" 6 pm Thursdays 1 pm â€" 8 pm J.H. SWITZER () CORPORATION BLUEJAYS, CARDINALS PLAY HERE $259,888 WALK TO TOWN, LAKE PARKS $379,000 MARKET VALUE APPRAISER Royal LePage Real Estate Services Ltd., Broker YOUR HOST... CHARD WEIMA _ Associate Broker 825â€"1171 FREEKHOLD TOWNKOMES FROM JUST $717* PER MONTH CHEAPER THAN RENT! 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