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in si de ha lto n. co m O ak vi lle B ea ve r | T hu rs da y, M ay 12 ,2 02 2 | 8 ABOUT US This newspaper, published every Thursday, is a division of the Metroland Media Group Ltd., a wholly-owned subsidiary of Torstar Corporation. The Metroland family of newspapers is comprised of more than 70 community publications across Ontario. This newspaper is a member of the National NewsMedia Council. Complainants are urged to bring their concerns to the attention of the newspaper and, if not satisfied, write The National NewsMedia Council, Suite 200, 890 Yonge St., Toronto, ON M4W 2H2. Phone: 416-340-1981 Web: www.mediacouncil.ca insidehalton@metroland.com facebook.com/OakvilleBeav @OakvilleBeaver WHO WE ARE VP, Regional Publisher Kelly Montague Regional General Manager Jason Pehora Director of Content Lee Ann Waterman Regional Managing Editor Catherine O'Hara Managing Editor Karen Miceli Director of Distribution Charlene Hall Circulation Manager Kim Mossman Directors of Advertising Cindi Campbell and Graeme MacIntosh Director Creative Services Katherine Porcheron CONTACT US Oakville Beaver 901 Guelph Line Burlington, ON L7R 3N8 Phone: 905-845-3824 Classifieds: 1-800-263-6480 Advertising: 289-293-0620 Delivery For all delivery inquiries, please e-mail kmossman@metroland.com or call 905-631-6095. Letters to the editor Send letters to insidehalton@metroland.com. All letters must be fewer than 320 words and include your name and telephone number for verification purposes. We reserve the right to edit, condense or reject letters. Published letters will appear in print and/or online at insidehalton.com OPINION TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT INSIDEHALTON.COM A mute swan comes in for a landing at Arkendo Park. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. Andrew Parkin photo SNAPSHOT Most investment cate- gories had disappointing returns during the first quarter of this year. First a few details. We looked at seven different sectors. Four different stock markets, a global real estate index and two bond indexes. Six categories had declining values in the range of five to eight per cent. The Canadian stock market, as measured by the S&P/TSX composite index, was the only index that posted a gain. It increased in value close to four per cent. The question is what can we learn from these re- sults? In my opinion, they should not change the di- rection of our investing. Investor expectations play a major role in how people react to short-term events and make changes with their long-term in- vestment plans according- ly. This often leads to disap- pointing results. For the 10 years ending March 31, the average an- nual return of the Canadi- an stock index was nine per cent. The return of the US stock market index was just under 17 per cent. In- ternational developed mar- ket stocks index was just slightly lower than the re- turn posted in Canada. Canada's recent stock market success was largely fuelled by the energy sec- tor. That was facing pres- sure for environmental reasons. Then suddenly, because of the war in Ukraine, energy prices soared. We encourage you to take a long-term approach to investing and manage your expectations accord- ingly. Peter Watson is regis- tered with Aligned Capital Partners Inc. (ACPI) to provide investment advice. Investment products are provided by ACPI. ACPI is a member of the Invest- ment Industry Regulatory Organization of Canada. The opinions expressed are those of the author and not necessarily those of ACPI. Watson provides wealth management services through Watson Invest- ments. He can be reached at www.watsoninvestment- s.com. MANAGING EXPECTATIONS FOR INVESTING PETER WATSON Column Canada Summer Jobs 2022 is now up and run- ning. Young people across Canada have been acutely affected by the loss of jobs caused by the pandemic. Recognizing that the ener- gy and talent of young peo- ple is a powerful engine for our economic recovery, our government is working with employers across the country to help them find meaningful, high-quality jobs. The Canada Summer Jobs (CSJ) program helps youth in our community and across Canada gain employment skills that prepare them for the work- place and explore career options and interests, while earning a paycheque to help support their stud- ies. CSJ is one of my favou- rite programs funded and run by the federal govern- ment. It provides wage subsi- dies to employers from not-for-profits, the public sector and private sector organizations with 50 or fewer full-time employ- ees, to create summer job opportunities for young people between the ages of 15 and 30 and help them gain paid work experi- ence. Since its inception in 2016, the CSJ program has allowed us to create thou- sands of jobs here in Oak- ville North-Burlington. I have worked hard to push for more CSJ funding to create even more jobs for youth in our community each year. In 2016, 97 new summer jobs were created in Oak- ville North-Burlington through the CSJ program with a total of $352,753 allo- cated in federal funding. Over the years, we have steadily grown our local CSJ program and this year, Oakville North-Burlington received $1.9 million in fed- eral funds to support 399 jobs for youth in our com- munity. More than 140,000 quali- ty CSJ placements are now available for young people across Canada in a variety of fields, such as the com- munity and recreation sec- tor, the food industry, mar- keting, the tourism indus- try and more. You can explore avail- able jobs and apply at www.jobbank.gc.ca/youth and on the Job Bank mo- bile app. The pandemic has had a tremendous impact on all Canadians, but especially on young Canadians. That is why our government continues to make historic investments to ensure youth have the supports and opportunities they need to build long and suc- cessful careers. Pam Damoff is the MP for Oakville North-Bur- lington, and the parlia- mentary secretary to the minister of public safety. She can be reached at pam.damoff@parl.gc.ca. LET'S GET OUR YOUTH WORKING EFFORTS BEING TAKEN TO HELP YOUNG CANADIANS FIND MEANINGFUL JOBS, WRITES PAM DAMOFF PAM DAMOFF Column