Oakville Beaver, 15 Jun 1994, p. 12

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®» Western student in China session _ Products are either purchased or held on consignment. The area covered is from Hamilton to Scarborough to Thornhill. For further information, contact Silver Cross at 905â€"847â€"5504. "There is a huge quantity of product being stored in people‘s baseâ€" ments after a loved one passes on. Yet, there are thousands of people who need, but can‘t afford the cost, of a new product," said Harvey. Robert Harvey, an Oakville based entrepreneur who sold his previâ€" ous business after developing it into 48 franchises in Ontario, says there is a great need to recycle used assistive devices. As government funding programs dry up, there has been a greater demand for lower cost Healthâ€"care equipment. Silver Cross of Oakville is addressing the need for recyling of assistive devices. "The program provided some of China‘s brightest students with a grounding in basic business practices, and strengthen the school‘s partnerâ€" ships in a rapidly growing and important part of the world," said Professor John Kennedy, director of The Centre for International Business Studies at Western Business School. The Centre, which was established in 1974, nurtures and coordinates Western Business School‘s globalization efforts including international study trips, student case competitions, case writing, student exchanges, and visiting professor programs. The Western Business in Beijing Program has the support of the Hongkong Bank of Canada through The University of Western Ontario‘s Renaissance Campaign. The Western students including Oakville‘s Peter Wei taught in teams of two at Tsinghau University to the end of May. Classroom instruction â€" based on the case study method â€" was in English. Course topics included: marketing, management behavior, and general management. An Oakville man was part of a team of Western MBA students who went to China for the first time in May to teach introductory business courses to undergraduates at Tsinghau University in Beijing. Town of Oakville general manager of the Economic Development Officer, John Meyerstein shows off awardâ€"winning business directory along with Economic Development Officer Mary Ann Burch and Administrative Assistant Ann Brown. The book earned an ‘Excellent‘ award from the American Economic Development Council, headâ€" quartered in Rosemount Illinois. It was part of the AEDC‘s Sales Literature and Promotional Materials Awards Competition which recognizes the best efforts of economic development organizaâ€" tions in creating marketing materials that will attract business and industry and promote tourism and growth. Firm recycling assistive devices p BUSINESS Merritt Goddard and Norm Gauthier of The Equion Group in Oakville are hosting a complimentary seminar on Understanding the Looming Risks of the Canadian Debt. We, at Equion, believe that this issue deserves prominence on the Canadian investor‘s current agenda. Here is your chance to gain additional insight and reflect this in your future investment plans, as many of our clients have. Mr. Robson is Senior Policy Advisor for the respected C.D. Howe Institute. His recently published study on â€" W Canada‘s financial future called "Digging Holes and Hitting Walls" has had strong reactions by our nation‘s major | newspaper, as well as top government officials, to explain his research results. Mr. Robson‘s findings were summarized in January 9, 1994 Financial Post as Follows: "Canada faces a more than 50% chance of ‘hitting the debt wall‘ in the next three years without an immediate freeze on government spending. . .Under less than ‘rosy‘ assumptions about growth and interest rates, chances are also high that the rise in government debt could undermine growth in the standard of living..." : In the 1980‘s New Zealand went through what Canada is currently going through. After borrowing to fund one of the highest standards of living, they dug themselves into such a hole that, in the words of Roger Douglas, their the Minister of Finance, they woke up one morning to find that their creditors had pulled the plug. : Sheet THE EQUION GROUP WEALTH CREATION, PRESERVATION MANAGEMENT _ whether our political leaders have what it takes to correct it. 2) Have a majority of their assets and investments only in Canada. 3) Stay for long periods of time outside of Canada and are directly _exposed to our currency valuation. 4) Would be receptive to have more than 20% of their RRIF/RRSP 210 Lakeshore Road East The Towne Square Oakville, Ontario L6J 1H8 1) Are concerned about Canada‘s debt and economic future and _holdings in international investments. 5) Over 40 with net worth in excess of $750,000. If the above describes your situation, then call now to attend this informative evening. (George Santayana) "I can tell you we will not be burning the mortgage on this buildâ€" ing," he joked to the crowd. Chairman Jack Brewer said the building â€" which was constructed within budget â€" is already paid for. "I think it‘s safe to say that every department and almost every person in every department had an input into what you see here today, and to them, I send out my thanks and appreciation," an exuberant Ron Noonan, general manager and secâ€" retary, told the crowd. Oakville Mayor Ann Mulvale called the 5,110â€"squareâ€"metre (55,000â€"squareâ€"foot) building "well planned" and "well executed". "It‘s good news," Mulvale said. "It‘s good cause to celebrate." The local utility opened a new $5.9â€"million administrative building on Redwood Square, Wednesday, amid speeches, tours, and a ribbonâ€" cutting ceremony. About 200 peoâ€" ple â€" including local politicians and utilities officials from across southâ€" ern Ontario â€" attended the gala event. Oakville Hydro headquarters is $6â€"million highâ€"tech facility By BELINDA SUTTON Special to the Beaver Oakville Hydro is moving up in the world. Tuesday, June 21, 1994; 6:30 to 9:15 p.m. Glen Abbey Golf and Country Club Canadian Open Room in Main Club House Admission is complimentary. Seating is limited on a first come basis with Equion Clients given priority. Call Mona Panchal at (905) 844â€"2422 or fax (905) 845â€"3012 Novel approaches included putting subâ€"grade paving on the "We expect the energy savings will be something in the order of 40% of what a typical building of the same size would cost:" Guests at Wednesday‘s reception got to experience firstâ€"hand the building‘s energyâ€"saving approach when the lights went out for several minutes at 5 p.m. at the start of the event. The "design/build" project by Internorth Construction Company Limited, of Mississauga, and Jackson Ryder Architects Inc., of Oakville, got off the ground about a year ago when construction began. The plan was selected from 49 tenâ€" ders, McAulay said. McAuley said the facility â€" which includes a cafeteria and first aid room â€" is energy efficient with 57 internal source heat pumps and heat reclaiming units on exhausted air. During the speeches, commisâ€" sioner John Rankin, chair of the building committee, spoke about innovations in the new facility‘s construction. About 70 emplovees from the Trafalgar Road administrative offices moved in May 16th, he said. Another 45 will move from Hydro‘s operations facility on Lyons Lane near Oakville‘s Goâ€"Train station when an adjoining building is evenâ€" tually constructed on the site, he said. The new building "means that we can have some room to grow," McAuley said. "It‘s a very functionâ€" al building and it‘s an opportunity to satisfy our customers in the future by allowing us to go with the growth that we expect (in Oakville)." In 1988, Oakville Hydro purâ€" chased its new 3.2â€"hectare (7.85â€" acre) Redwood Square site at the corner of Fourth Line and South Service Road, he said. In an interview, Joe McAuley â€" manager of marketing and customer service â€" said the new building was needed because Oakville Hydro had outgrown its facilities on Trafalgar Road, just south of Highway 5. The crowd was then treated to tours of the facility which is decoâ€" rated in soft shades of grey, mauve, blue, and green. Many stopped to admire a 10.7â€"metre (35â€"foot) high mural on the first landing. The artâ€" work depicting Oakville‘s Hydro industry is by local resident Ian Starkey, 27, an artist and recently graduated architect. Viceâ€"chairman Marshall Snowball officially opened the building by cutting a white ribbon at the foot of the twoâ€"storey buildâ€" ing‘s main staircase. Price! Low, lowest, best, advantaâ€" geous, all time low and the list of superlatives goes on and on. By its sheer length and variety, you can tell that price plays a very dominant role in the retail industry. Starting out with the basics that a person needs to survive, one would think that price would be unimporâ€" Wrong. In order to first divide the market and then gain the larger or largest share, let us look at what happens by looking at the most basic staple â€" bread. Bread is bread. One kind, one driveway last October before putting the roof on to give the crane a firm base from which to move things into the building. "There was no problem of muckâ€" ing around in the mud." "That‘s why the building looks so handsome in its setting today because the landscaping has had a Landscaping was also done at the time, said Rankin, an architect. size. Wrong. There are dozens of No substitute for quali Oakville Hydro general manager Ron Noonan (left) stands on second floor landing with OH chairman Jack Brewer during opening of utility‘s new $6â€"million headquarters. WEDNESDAY, JUNE 15, 1994 PAGE 12 Peter Tesar is president of the Oakvill based Retail Services Institute. Second, stick with sources, whent you shopped in the past and wher they don‘t steer you to buy more th you really want. And wherever possi ble, shop where you can talk, once i a while, with the owner. So really, it‘s not a big deal for yo the customer. Then there is the s called "blind item pricing." This is brand new item on the market, usuall; an import, where the customer has n« readily available comparison. So what‘s the alternative. First 0 all, stick with quality, because that‘ always the cheapest. The latest entry into Oakvill might carry only a fraction of Canadian fullâ€"line departmental stor and only less than 10% of this will be discounted â€" provided it is bought i1 large or multi packs. And then there are those "Johnny come latelies" the "discounters." they fit no established category of mer chandise nor type of retailing Jack o all trades â€" masters of none â€" ju skimming the tops, and claiming always claiming. Then there are those who clain that they will not be undersold. Brave statement but it is you the custome who has to do the "comparison shop: ping" for them. is "lowest possible?" Is 20% markâ€"u; or 30% markâ€"up? Then there are thos who claim every day "deep discounts but we already know that this clain means nothing unless we know thi price it is discounted from. There are those who claim tha they offer no special discounts, n special sales, but year round thei prices are the lowest possible.. sounds good, I believe it, but how 10 Price, that is the retail price, use to be the result of the cost the retaile; paid for the merchandise but notaafi longer. Each retailer or retail org zation now has a different (and com fusing) pricing policy. types â€" grains such as rye, wheat cormn, two and more grain combina tions and then, of course, sizes anc when all this hit the consumer, price had to come as the ultimate persuad er. chance to take root and mature an it has, I think, conmbuted greatly t the appearance." "Right now ‘we‘re trying to leas â€" maybe sell it â€" whatever the mar ket will bring us." McAuley said it‘s not yet know what will happen to Oakvill Hydro‘s former building located 0 a 2.75â€"hectare (6.8â€"acre) site 0 Trafalgar Road.

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