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Special to The Beaver ternational guests were on hand recently to celebrate the opening of Otto Bock Orthopedic Industry of Canada‘s head office and warehouse in Oakville‘s Winston Park. The Germanyâ€"based firm was founded by Oftto Bock in 1920 in response to the many war wounded in need of prefabricated prosthetic components. His objective was mass production combined with the highest quality for individual care. The company now operates in â€"15 countries on every continent. This multi national company is the largest orthotic and prosthetic manufacturer in the world. In 1976, Otto Bock opened a manufacturing plant in Winnipeg, Manitoba. According to Canadian General Manager, Mark Agro, there was a need to service the core of the company‘s clients who live in Ontario and Quebec. Agro says "Oakville was chosen for the 14,000 sq. ft. warehouse because it‘s a lovely town, with a good employment pool. Its proximity to the airport makes it convenient for our many international visitors." German orthopedic firm has new corporate home On hand for the event was company CEO, and grandson of the founder, Hans Georg Nader. Oftto ‘Bock‘s. sells ~to doctors, prosthetists, orthotists, therapists and wheelchair suppliers for use in their practices. The company prides itself on quality research that enables Otto Bock to develop upâ€"toâ€"date highâ€"tech products. "Our American cousins, Otto Bock, U.S.A. created the prosthetic lab in the movie, The Fugitive," said Agro. In addition to supplying the medical field with prostheses, Otto Bock offers educational programs and training seminars taught by various experts throughout their worldwide organization. At these courses, health care workers learn about the latest manufacturing trends such as knees and feet made with titanium or carbon fibre and children‘s myoâ€"electric hands. Terry Fox used Otto Bock parts in his artifical leg during his attempted run across Canada. Wheelchairs are more comfortable thanks to a computerized system that ow that we have a new federal government I would like to make a comment. My comment is not political or patriotic â€" it is economic. Put another way, in the long term we can not spend more than we collect. It‘s alright in the short term to overspend, but in the long term it is not. In case you do not agree with this, I will put it in specific mathematical terms. Canada owes about $60 billion. Unlike other industrial nations, a significant portion of that debt is held by foreigners. From a strictly business perspective, our great country is similar to other large organizations. It has to balance the books. If the foreign creditors feel that we are ountry‘s economic woes poorly explained ~ BUSINESS Otto Bock CEO Hans Georg Nader (left) holds one of the firm‘s highâ€"tech prosthetic arms, along with Otto Bock Canada general manager Mark Agro and U.S. division president Jack Hendrickson. allows a seating specialist to contour the seat more accurately to the patient‘s body form. Included in the training seminar is practical knowledge on how to repair broken wheelchairs and prosthetic limbs. The Ministry of Health pays for most common prosthetic and orthopedic items. However, special top of the line items, if not covered by insurance must be paid for (Photo by Riziero Vertolli) by patients themselves. Agro warns that the government plans to cut back on funding for these crucial prosthetic limbs and wheelchairs. He hopes the community will continue to support programs such as the War Amps Key Tag drive that greatly helps patients obtain these necessary products that contribute to a more productive life. The Ministry of Health pays for most common prosthetic and orthopedic items. However, special top of the line items, if not covered by insurance must be paid for mismanaging the business of operating our country then they will not renew that debt. We will end up paying a high interest rate which of course will cost us millions of dollars per day. Look at what happened to Bob Rae. He is a socialist who attempted to combat a world recession and high unemployment by Now with a huge deficit, he is running out of economic options and many think he is trying to cut costs like a ruthless capitalist. What went wrong? overâ€"spending one year. My opinion is that Bob Rae has not changed but the criteria used in the decisionâ€" making process has shifted from social dreams to economic survival. Don‘t underestimate the importance of economics. The serious flaw of this election was that not all parties articulated the economic "big picture". We all don‘t have an economic degree and our leaders should have explained the reality of continued overspending. (See ‘Government‘ page 23) FRIDAY, NOVEMBER 5, 1993 PAGE 19 The majority of the equipment will be fabricated in Ontario. The water treatment plant will take almost 3,000 gpm of water from a nearby lake and through the processes of clarification, filtration, reverse osmosis, and ion exchange will produce ultraâ€"pure water to be used in the generation of high pressure steam. Ecodyne Limited of Oakville has been awarded a major contract to supply water treating equipment to a fertilizer complex in Iran. The value of the contract is over $8â€"million. Contract purchasing is by Kawasaki Heavy Industries of Japan; plant engineering by M.W. Kellogg of London, England. The owner is Khorasan Petrochemical Company, Iran. Mardat Investments Ltd. of Oakville has been appointed the exclusive Canadian Representative of the patented PARALAX computer oriented furniture products of Engineered Data Products Inc. Under the name "PARALAX CANADA", MARDAT INVESTMENTS LTD. will be marketing the patented "Viewport" concept of viewing the computer monitor through a tinted glass screen in the desk top. The Olive Garden Italian Restaurant is inviting you to give your old costs new life by donating them to those in need up to Nov. 14th. Just bring your coat to The Oakville Olive Garden, 165 Cross Ave. and you‘ll receive a complimentary hot, steaming cup of Italian cappuccino. "At the Olive Garden, we believe in providing support to the community. Capps for Coats is our way of providing warmth to those who are less fortunate than ourselves," says Rose Santini, Local Marketing Manager, Olive Garden Italian Restaurants. For additional information contact: PARALAX CANADA, 333 Wyecroft Road, Unit #1, Oakville, Ontario, L6K 2H2, 905/842â€"5187. Arthur Rivard Associates Inc., in association with the law firm O‘Connor MacLeod, is presenting a series of breakfast seminars over the next few months. The topic for Tues. Nov. 20th is Preparing for the Realities of Employment Equity and on Jan. 6, 1994, the seminar topic will be Effective Debt Collection. All of the coats collected will be dry cleaned and repaired by Careful Hand Laundry Dry Cleaning. The Salvation Army will distribute the coats to needy men, women and children. The sessions will start at 7:45 a.m. and will end before 9:00 a.m. A complimentary continental breakfast will be served. Location is the Oakville Holiday Inn. Business seminars Highâ€"tech office Ecodyne contract