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Page 10 THE HERALD Wednesday November 1 1989 Business Page Major Miller prepares to cut the ribbon to officially open the Moore Place Daj last week The is located on Highway opposite Moore Park Crescent Luc right the owner of the care centre sas the expanded care program ib almost filled to capacity Herald photo New council addresses employers concerns Bv DOUG Herald Special During my visits to local businesses in Halton Hills one of the most frequent problems that I hear is the lack of help and the work attitude of some of the young people The economy in Halton Hills is still verj strong and this adds to the encountered by business The concerns of employers regarding the lack of skills train of our young people are being addressed by the boards of educa tion in Halton along with the chambers of commerce in Hills Milton Oakville and Burl ington These groups have met throughout the summer to establish an industryeducation council The chambers agreed to par in this initiative as long as this program was not a duplication of any existing programs The final report endorsed the idea of the council What are the council s goals to stimulate and support career education to focus community and school resources on career educatior needs to help students make ap propnate career decisions to coordinate career education the Region to facilitate the transition of youth from school to v to foster schoolcommun ty understanding cooperation and collaboration to promote learning as a life long process Funding will come from the boards of education Province of Ontario and the private sector This council will allow the business community to have greater input into the education system With the technological changes that businesses are making today to stay competitive with the rest of the world we will require workers with a high level of skills when thej leave school For further information please contact the Halton Hills Chamber of Commerce at 877 OFFICE MAGIC FOR ALL YOUR OFFICE STATIONERY NEEDS St Georgetown GIC bills do make money Diane Maley You How would you like an invest ment that pays it per cent a year can be cashed in any time after days without losing in terest and is guaranteed up to by the Canadian Deposit In surance Corp No it is not Canada Savings Bonds They pay only 10 per cent and must be held for at least 90 days to get full interest It is not Government of Canada treasury bills And it is not a run of the mill term deposit or guaranteed investment certificate It is the cashable GIC a product invented about a year ago by Counsel Trust of Toronto Counsel sells these popular investments through agents across the try Other trust companies offer similar products although Counsel claims its is the most flexible The product certainly does look good Compare Counsel Canadian Sav ings Certificates with Canada Sav ings Bonds for example CSBs are sold only once a year in October Cashable GICs are sold year round To get full interest on CSBs you have to wait for the first of the month to cash them in The Counsel certificates earn interest daily so they can be cashed in at anytime It gets better If interest rates rise significantly on the open market Finance Minister Michael Wilson may or may not raise the rates on CSBs after they have been issued Even then it usually after a considerable lag Counsel Trust allows holders of its cashable GICs to roll them 0109 Simon CHARTERED ACCOUNTANT Phone S g 416877 132MainStreetSouth Georgetown Ontario 5 a 3E6 0109 rew GICs at the higher rqte if rates rise provided investors renew the oneyear term and wait 60 days before cashing them in As well can redeem part of their in vestment provided thev keep minimum of 000 Investments of up to are protected by federal deposit in surance provided the holder does not have other investments with Counsel Trust that would put him over the limit Deposit insurance is limited to per person per financial institution Most banks and trust companies are paying per cent on regular GICs although some small trust companies are paying more The problem with GICs is that they cannot be redeemed before the due date Treasury bills another popular investment pay good rates but they are out of the range of small investors Banks require minimum T bill purchase of to 25 depending on the bank Usually the more money you have to invest the better rate get The way it looks thpn T bills are good for big investors are good for people who find them con or who plan to buy them through payroll savings plans and cashable GICs are good for prac everyone To find out more about them you can call Counsel Trust at 1800387 Communication Inc u We ve packed a fax photocopier speakerphone and answering machine inside this handsome case 11 Or The first messaging system to include a high speed fax copier full featured answering machine executive telephone even dictating michine and room monitor Plugs into any standard phone aek no dedicated fax line required Sleek compact design fits on the corner of your desk Remarkably affordable Panasoni 265 Guelph Street Georgetown Ontario 873 3310 In Business For Business IDC Monday to Friday Saturday I WEEKLY SPECIALS Not Sure What To Send CHRISTMAS CARD CATALOGUE Our beautiful selection of heartwarming Christmas Cards has arrived Order yours today TIME TO PLAN FOR 1990 Our large wall size Anno- planning calendars are here pick yours up today FREE StWitftjtfAL WW IClSfc 348 St Unit