Oakville Beaver, 17 Nov 1993, p. 30

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LU Fantast CCCC.CCCCCC.C.Lt.T.2 Breamtakgg cond 2,3 sq. ft. kk' xx T a ii, 'its f :1 'if, 5)t: §WW (i-iii/if,,,:?,,,),,!,?:, §§ , 'rib' s'('i, Ci? \ \\\\\\\\\ \\\\\ _o\;-§9\. } 1itij1t"i'ttei; k' n' l" N 1NWY'itiriii'll' V N /v't)t'sy)' .9 _ “s . ‘ M " - 's) err-it/itat))"'),' I, "5, V _ t" q h' ktjsstt,' 'tsw'"; thu' r::, T sts)' . \'\‘ ~ tra, 'sN - "' “N“ . i .\ WEN- . ~ Eh't' ' “$3, " 9:15 ‘ _i)?il4staalll 5 i _,))) u ' 'vi"',' §‘ " Eiieiis LISTED & SOLD BY BARBARA & G. WALTER DEMARZO lAKEFRONT PENT HOUSES 1328 DEERWOOD TRAIL $359,900-499,900 :ngr I' _ U _'iiirrii'1'rsei, i” ' WALTER DeMARZO Sales Representative $149,900 $105,900 An award winning husband and wife team, consistently multi-million dollar producers at your service - 48 Hours a Day. Bus. 8446000 or Res. 827-6286 s)s:lii))hiil,(i's" -\ '1"trii' It ave: Iable ':iiiit:)) vi1i,i)i):i'si:ii)'),'. §§§\\ T T p, " Rtt' iii?iiiiiiiii rtttsS l GLEN ABBEY GREENBELTF AN INDEPENDENT MEMBER BROKE " sutton group - people & properties inc. 844-5000 MamberofmeOakvile, Miton& Distria a Toronto Real Esau? Beans... WITH EXPOSURE TO OVER 23, 550 MEMBERS BARBARA DeMARZO Sales Representative $379,900 $359,900 as a result of the combination of low prices and interest rates, and in spite of incentive pro- grams like the RRSP Home Buyers' Plan. the Despite the 1 that affordabilit Right now, con- fidence is sorely lacking at both lev- els, primarily due to the high unem- ployment rate. This is particu- larly evident in the new housing and renovation fidence to buy their first home, reno- vate their existing home, or move-up to their dream home. key to growth. When business people have confi- dence, they invest, and when individu- als see a strong and growmg economy they have the con fidence to buv thei it buildim By MURRAY KOEBICL A letter to Jean Chretien was "Tho OM “or Mark Klmn up. CANADA I cm f”) ll mf 1n In the home )n industr H nr n time hi ind ctor Ian the " no h economy. But there are several other approaches to cre- ating iobs. which. ating jobs, which unlike the infras. badly needed direct employment, but it will spin-off jobs in other sectors and create a pc ripple throughout the context of fis- cal responsibility - the infrastructure program will not only generate infrastructure pro- posals will stimu- late short-term employment while contributing to our productivity and quality of life as a nation in the long- run. have remained constant with 1992. So, if the prob- lem is unemploy- ment, then the solution has to be jobs, and in this regard, the Liberals infrastructure Dro- h Insurance program, and the Ontario Home Ownership Savings Plan, new home sales and novati< Done right $269,800 St83,900 $l67.500 c/.,, '..II, " ‘7 r V , . K' 111:” L42, Jlii v , _ v V tfill 338-6550 Et' " )n 'sitive effect the ll ll In age new home in this area - luring thousands of buy- ers off the fence and unleashing the GST This change would save home- buyers $3,000 - $5,000 on the aver- [DE built tion, the home- building industry has argued that the GST New Housing Rebate should be increased from up to tion their don't invol In tructure progr [BI ea md sinc would JY mt ume shed amst new " and large Should see rnment di )wn money. 'stly, leading the introduc- of the GST nee its inceo. )tivalin to 4.5% to the playing between 'ttcreation th it rimmate m area Jir JU an on 1m n( m There are lots of people who don't want to move and are reluctant to borrow to renovate their homes. program was to stimulate employ- ment, so renova-' tions are a logical extension of the program. See ‘deemalr page a Why not let people use their RRSPs for major renovations as menCs i introduc we This problem could be resolved through a broaden- ing of the defini- tion of a "substan- tial renovation". sons tor this IS that the GST new hous- ing rebate does not apply to renova- tions. home purchases until 1995. "Without ques- tion, one of the most effective ways to create jobs and stimulate con- sumer spending is by encouraging the purchase of new homes. When Canadians buy a home, they also buy home furnish- ings and appli- ances; thus produc- ing the so-called multiplier effect on a range of goods which, by the way, are mostly made in Canada," said Campbell. Secondly, the government is cur- rently losing mil- lions of dollars to black market reno- vators. prom, increa he tht the the But offer them truction ll 1m ‘onomu One of the rea- IS for this is that mservative The att impalg " Intent in :ing the govern on ntl the GST ampbell fade 'wer hip lurin tr new arty on to a]

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