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9th Line Food Emporium far from restaurant stereotype THE HERALD Wednesday July 1MB- Page The Line Food Emporium No its not a health food outlet bulk food store or a butcher shop It is Daye Brackens new restaurant on Road and It is far from the smalltown stereotype Dave Mckay is the Head Chef for the restaurant At only 35 he has accomplished a significant amount He studied and apprentic in Montreal ran hotel restaurants in Calgary and was recruited to run the very first restaurant in North America located in Mississauga in charge of a staff of Mr Mckay notes that the style of cooking at the 9th Line Food Em ponum is Cuisine Natural as op posed to Cuisine Cuisine Natural has no preset vatives and very little of the food is frozen This Is to keep the food as natural as possible following the Califomian example set on the west coast Cuisine on the other hand is very artistic More style than food The menu focuses on Italian food with an emphasis on pasta and veal The present menu will be changed in three to four months after it is seen what dishes customers take to There is always a Special of the Day that is not on the menu At night there are two specials one consisting of a fish dish the other meat Both come with a super salad Good size portions are served at reasonable prices The wine list has quite a sizeable selection So far the restaurant has been well received Towards the end of the week it gets busier and notes 50 dinners are usually served on Friday and Saturday nights The Emporium sets a relaxing atmosphere Soft lights quiet music and comfortable fur nishmgs Customers are not rush and the cocktail lounge provides dnnks before or after dinner There is a dress code effect and the restaurant closes at 11 pm every night So far the Em has remained closed on Sunday but there may be plans to open on that day in September depending on demand The average price for a meal at lunch is at dinner anywhere Plans for the future Perhaps a return to more traditional dishes says Mckay Overall however he is optimistic about what tomorrow will bring and hopeful I think we re on the right track the way we ve been go ing Comments have been very good he said Treasury Bills attract investors The Herald is pleased to welcome Mr Brian Slessor as a columnist in our Business Sec Hon Brian bom and raised In Brampton is an Investment Executive with a division of the Bank of Nova Scotia Mr Slessor has a degree in Business Administration and Economics and has studied in Canada and the United States He is a certified financial plan ner and drawing on years of ex hopes to provide readers with easy to understand and timely information on cial matters By BRIAN Interest rates are currently at their highest levels in the past eight years and many investors are examining the yields offered by fixed income securities very carefully One of the best rates available at the present time for Treasury Bills Treasury Bills are the largest and most liquid component of the Canadian short term market They are promissory notes which are issued by the federal government to cover its short term financing needs Every Thursday the Bank of Canadd ting on behalf of the government auctions Treasury Bills to a select group of banks and investment dealers Through these auctions short term rates are set and the government is able to influence the liquidity of the capital market in Canada Treasury Bills are heavily traded and always reflect the most current rates available In fact rates on most other short term in vestments lag behind any ad justmentsinT BUI rates Unlike Term Deposits Treasury Bills are discount notes They do not bear interest rather they are sold at a discount and mature Brian Slessor 0 Dollars and Sense f It I at face value The annual yield or interest rate is determin ed by the difference between the purchase price and the face value The amount your investment ap preciates from the discount to the maturity value is taxed as in terest income not as capital gams For example assume that you pur chase face value 87day Canada Treasury Bill at a price of 96 This investment would cost you and would mature in 86 days at 20 giving you an annual yield of 13 35 per cent and interest income of Treasury Bills are issued in mat unties of days and 182 and every two weeks the Bank of Canada issues Bills maturing in one year Because the issues are regular a vanety of outstanding maturities always Typically you can buy Treasury Bills maturing just a few days or in as many as 365 days Because Treasur Bills are direct obligations of the federal government they are virtually risk free and there is no limit to the amount of your principal which is covered by this government guarantee Treasury Bills are extremely quid as they can be sold before maturity on the secondary market The you receive will depend on how short term rates have mov ed since your initial investment Treasury Bill fluctuate to the same degree that short term rates change The reason that rates on Treasury Bills are so attractive right now is because we have been expenencing what is known as an inverted yield curve for over a year In normal conditions the yield curve which describes the relationship between yields and the term of an invest is a positively sloped curve This is because investors receive a higher rate of return in return for committing their funds for a longer penod of time During periods when a tight monetary policy is in effect for example to control mfla lion the government forces short term interest rates higher and the spread between short and long rates narrows The yitld curve becomes negatively sloped because the majority of investors perceive few advantages to in vesting for the long term When this occurs short term in vestments such as Treasury Bills offer the highest rates of return Bills may be purchas from investment dealers Minimum purchases vary from dealer to dealer Ask your investment ad visor for current rates Brian lessor is an Invest ment Executive with Scotia Mel cod Questions should be directed to Brian who can be reached at OFFICE MAGIC Guelpti St Georgetown Head Chef Dave displays some of the culinary delights at the Line Food Emporium has to offer The establishment which opened recently has been well received by the public The menu focuses on Italian food with an emphasis on pasta and veal Herald Photo Country Lane still operating Contrary to a published report the Georgetown business Country Lane at the Tenth Line and Sideroad 17 has not been sold to On Paving Limited stated owner Dave Tarzwell Monday Mr explained the five acres on which Country Lane is located is still owned by himself and the business is still operating There is however 35 acres in the same area that Ontario Paving Ce ment owns said Mr Tarzwell The president of Ontario Paving Carmen also confirmed Monday But Mr said the company t need a site for a permanent asphalt plant because it owns a state of the art mobile plant that can be dismantled and moved within a day Mr Alfano said his company has submitted an industrial draft plan subdivision to the town for the 35 acres it owns in the area of the Tenth Line and 17 But the company has no interest in us any of the property for a plant he stressed The loca is too far away from any of the business said Mr He explained the company plans to build warehouse type facilities in the area The plan calls for lots one hectre m size NX 1000 PRINTER ONLY j IBM ft Epson Compatibility COLOUR ONLY I While Quantities Last 348 St I Georgetown WITH the HERALD Your copy Is available at many of our conveniently located dealers as GEORGETOWN GENERAL STORE Downtown Georgetown PICK UP YOUR FREE COPY OF THE HERALD TODAY In Business For Business SUMMER Monday to Friday HOURS Saturday a CLOSED WEEKLY SPECIALS office furniture calculators computer supplies PAPER PRODUCTS SCHOOL SUPPLIES DESK ACCESSORIES WEDDING INVITATIONS TYPING Business Letters Resumes Essays A WORD PROCESSING PHOTOCOPYING ANSWERING 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