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* BUSINESS P Sales Rep. Re/Max Professionals Mississauga $689,000. in this customâ€"built bungalow with a fascinating fioorplan. Over 4,000 sq. ft. on a culâ€"deâ€"sac in a mature area. It‘s not hard to recognize the quality! Call RANDY THOMPSON 842â€"7000. Â¥ For professional personalized service Not intended to solicit properties already listed for sale government might want to cutback the RRSP contribution limit to $8,500. This would be unfair. A quick review of the facts would be appropriate in order to put this in proper perspective. First of all the federal government is broke. They too have been hit hard by this recession. When Canadians are unemployed, or in many cases, are earning less, the federal government E BEAVER FRIDAY, JANUARY 21, 1994 | Lookingfe e PAGE 22 ingfor ____ _ A Special Pullâ€"Out section _ very Wedhesday ' ’ Produced on behalf o the Oakvile, Milin DisvictReal . £5.5% Tinkering with RRSPs would be mistake e This 3 bdrms., detached bungalow @ sits on over 2 acres. Open concept, ® skylights, cathedral ceilings, 2@ @ fireplaces, walkâ€"out to deck, dream @ e home. A must to see! ® CAROLYN LOFQUIST 842â€"7000. e here is some talk that the $699,000. Walk to Mississauga Golf Country Club private girls school. Mins. to QEW 403, schools shopping. Bright custom built home with atljggrcdes extras. Over 4,000 sq. ft. RANDY THOMPSON 842â€"7000. Reducing the upper limit on RRSP contributions _ to $8,500 would produce extra revenue because the 1993 RRSP maximum limit is currently $12,500. This current limit is to rise by $1,000 per year until it reaches $15,500. has to look to alternative sources to collect tax revenue. Therefore, for each taxpayer that would be affected next year the government would collect another $2,500. This figure Rq Sales Rep. Re/Max Aboutowne Oakville comes from a $5,000 reduction in a tax deductible RRSP for an individual in a 50% tax bracket. The initial argument would be that somebody earning $50,000 or more should be asked to pay a little towards our financial problems. That is not fair because you would be $169,900 » Recently updated * 2 kitchens, 6 appliances * RITA MacKINNON®** e 845â€"8522/844â€"4908 239 Lakeshore Rd. E. Oakyville L600 0 0.0.0 o o 000 0 0 0 o discriminating against someone that has the ability to make a large RRSP contribution. There would be individuals with the same income that would have a terrific pension plan. If the government reduces the RRSP contribution limit they would have to adjust pension limits * $439,000. Stunning traditional home _ constructed in late 80s. Nine foot @ @ ceilingts, large formal rooms, @ e fireplace, solarium breakfast room, 4 @ bedrooms, 3 baths, finished lower level, lovely garden and verandah. ® Caoll RUTH ANNE WINTER**, Remax ® @ Aboutowne Realty Corp. 338â€"9000. . @ e o o 0o 0 0 0 0 0 0o 0 0 0 0 0 o In fact, the recent increases in RRSP contributions was the government‘s attempt to make retirement benefits of a RRSP plan equal to the more generous employer pension plans. This pension reform took years to introduce. It would be a little strange to see something changed so soon after a f u n d a m e n t a 1 inequity was corrected. And such a change would reverse the federal position on retirement. For years Ottawa has encouraged us to save for _ our retirement. The logic is that if we can look after our own finances â€" during retirement then the government will not have to. The federal Emergency response group to meet Thurs. The Oakvilleâ€" Mississ a u g a C o m m u n i t y Awareness â€" and Response (CAER) government 18 reducing it‘s financial obligations and it is unlikely that it will limit our RRSP‘s because that would reduce our financial selfâ€" sufficiency during retirement. But there is one catch. Regardless of what the government does, you should. continue to use the RRSP limits to their full potential. Peter Watson, MBA, CFP, RFP is the President of Peter Watson Investments Limited, an Oakville firm specializing in retirement planning, RRSPs and investment planning. He may be contacted at 842â€"7602. The federal g o v e r n m e n t desperately needs the money. One solution would be to delay the RRSP increase which is what the previous government did on numerous occasions. departments, local fire departments, and many nonâ€"CCPA firms which use and transport chemicals.‘ representatives work together in safeguarding the public and the en vironment. Among those involved are CCPA member companies, regional emergency CAER groups developed over the last several years in various parts of Canada as part of a broad initiative of the Canadian Chemical Producers‘ As s o c ia t i o n (CCPA). In the CAER groups, industry and The purpose of the oneâ€"day event is to bring together CAER .group members to share information â€" and plans related to common goals and to keep the CAER spirit alive. Mayor Ann Mulvale will be the luncheon speaker. group is hosting a historic, firstâ€"ever joint seminar for CAER groups in the Golden Horseshoe region on Thurs., Jan. 25th. : The seminar will be held at Halton Region Headquarters, 1151 Bronte Rd.