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Oakville Beaver, p. 6

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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, Ju ly 8, 20 21 | 6 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 Director of Content Lee Ann Waterman Regional General Manager Jason Pehora Regional Managing Editor Catherine O'Hara Managing Editor Karen Miceli Director of Distribution Charlene Hall Circulation Manager Kim Mossman Director of Production Mark Dills Regional Production Manager Manny Garcia Directors of Advertising Cindi Campbell and Ryan Maraj 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 Since being elected in 2018, I have remained com- mitted to protecting Glen Abbey Golf Club. This green space holds an important place in our local community, and I know Oakville residents want it saved. It has cultural heritage derived from hosting the Canadian Open 30 times and housing the Canadian Golf Hall of Fame. That and its environ- mental value are two sig- nificant reasons to save this world-renowned land. Most importantly, Glen Abbey is not an identified growth corridor within Oakville. Oakville's Offi- cial Plan designates the lo- cation as 'open space,' with other areas that would be appropriate for develop- ment. I hear the concerns of residents who want Oak- ville's Official Plan to be re- spected. The effort to save Glen Abbey is not just about golf. The proposed develop- ment would add traffic to our roadways, pollution and destroy a prestigious green space. Recently, the Ontario government has been mak- ing strides to protect the environment, natural ar- eas, forests and farmland. Specifically, for every Min- ister's Zoning Order (MZO) that has, or will be issued, two acres of land will be added to the Greenbelt. Additionally, Ontario is planning to add 360 hect- ares of developable land in Georgina to the Greenbelt. This real action by the province to protect valu- able land is why I have written two letters, one to Mayor Rob Burton and one to Halton Regional Chair Gary Carr, asking for Oak- ville town council and Hal- ton regional council to pass separate resolutions calling on the province to issue an MZO to save Glen Abbey. The municipality initiates each MZO that is considered by the prov- ince. I have requested that the resolutions are passed quickly so the government can consider them. You can show your support in the fight to save Glen Abbey by emailing Mayor Burton, Halton chair Carr and Oak- ville's town councillors. As a community, we can save this golf course. I will continue to stand for the preservation of this open space and advance ev- ery avenue to ensure it re- mains intact. Stephen Crawford is the MPP for Oakville. He can be reached at ste- phen.crawford- co@pc.ola.org. PROTECTING GLEN ABBEY GOLF CLUB HOLDS IMPORTANT PLACE IN COMMUNITY, WRITES STEPHEN CRAWFORD A curious squirrel checks out a bathing robin in the Rebecca Street area. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. Nick Tolley photo SNAPSHOT Making investment pre- dictions can be dangerous. A rhetorical question. Would an investor have predicted the pandemic was coming? With the knowledge of a pending COVID-19 crisis, most investors would have sold all their stocks. Put- ting the economy on hold would be damaging for business. Thus sell your stocks. As it turned out the stock market set several re- cords for gains. Yes, there was a brief decline, but af- ter that stock markets soared. Predictions in sports are as futile as with invest- ments. A few months ago, many of us predicted that the Maple Leafs would at least get to the semifinals. Whoops. There goes an- other prediction that went terribly wrong. Predictions are great when it does not matter. Sports is a good example. I always predict the Leafs will have success. Call that a home team bias. Predictions used when investing can be danger- ous. We have a long history that those who use predic- tions to invest have poor re- sults. This information is pro- vided by firms that track investment performance and by academics that study investing. Our recommendation is to follow an evidence- based approach when in- vesting. Articulate your in- vestment goals, build a portfolio that is strongly di- versified and has low costs. Predictions are wonder- ful when they work. Often, they do not. 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 Investment Industry Regulatory Orga- nization of Canada. The opinions expressed are those of the author and not neces- sarily those of ACPI. Wat- son provides wealth man- agement services through Watson Investments. He can be reached at www.wat- soninvestments.com. INVESTMENT PREDICTIONS RARELY WORK USING PREDICTIONS CAN LEAD TO DISAPPOINTING INVESTMENT OUTCOMES, WRITES PETER WATSON PETER WATSON Column "As a community, we can save this golf course." STEPHEN CRAWFORD Column

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