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NA A% go) pAL 5 P nc Râ€"nA\- N‘”“,NTEN e ng z] It gives you an unbeatable /0 combination of high flexibility at our lowest 6 month fixed term mortgage rate. And, you can convert to a longer closed fixed term Royal Bank Mortgage anytime during the 6 month period without penalty. Our New 7 Year Term It makes planning and budgeting easier because you have the security of knowing what your mortgage payments will be for the next 7 years. Our New Rainy Day Option®" It allows you to skip principal and interest payments for up to 1 month a year when unexpected expenses make sudden demands on your cash flow. Our New 6 Month Convertible Term se A * Kxne *A * * X qb Our New RateCapper®" Mortgage RateCapper combines the savings and flexibility of a variable rate mortgage with the security of a maxâ€" imum fixed rate. It protects you if rates go up. Helps you save if rates go down, because you can never exceed your established RateCapper 5 year fixed rate. Our New Personal Choice Homeowner‘s Gift Certificates Select the home related gift certificates you need when you switch or take out a new Royal Bank Mortgage. Choose from certificates that let you save on moving services, home alarm systems, laundry appliances and much more. Switching Is Free At Renewal Time Until December 31, 1993, switch to us and there are no switch fees or appraisal costs. We‘ll even pay up to $150 towards the transferâ€"out fee. Public board hit with $4,621 bill for OPSBA social contract negotiations By BARB JOY Oakville Beaver Staff Education. At Thursday night‘s meeting, the Halton Board of Education had before it a letter addressed to Chair Dave Coons asking the Board to contribute $4,621 as its share of costs related to the barâ€" gaining process it undertook on behalf of Ontario‘s public schools. he costs of the social conâ€" tract deal aren‘t over yet for the Halton Board of The letter came from Joe Gunn, president of the Ontario Public School Boards‘ Association (OPSBA) explaining that the timeâ€"consuming social contract talks were also expenâ€" sive, adding up to $122,000 in all, not counting staff time. These costs were not anticipated when the association‘s 1993 budget was prepared last fall, said Gunn. The legal process undertaken by OPSBA included two subâ€"secâ€" toral agreements and a 20% reduction in targets as well as the publication of 40 issues of Social More Canadians Choose Royal Bank For Home Mortgages. Sound Advice From Our Mortgage Specialists When it comes to customâ€"building a mortgage to meet your needs, our trained professionals can help. Talk to them about our full range of mortgage terms and options. For complete details visit a Royal Bank branch or call tollâ€"free 1â€"800â€"668â€"9700. *Rate in effect September 27, 1993. Rate subject to change without notice "! Tradeâ€"mark of Royal Bank of Canada. Contract Update to keep school boards in Ontario apprised of the progress of the talks. Gunn pointed out that the outâ€" come of the social contract talks benefited public school boards across Ontario by saving them money on such items as nonâ€"payâ€" ment of pay increments to meet social contract target reductions. The Halton board‘s superintenâ€" dent of business, Jerry Jenkins, indicated the board would have no trouble meeting this expendiâ€" ture which would come from its legal accounts fund. /6 e e . «t t a