Oakville Newspapers

Oakville Beaver, 25 Nov 1994, p. 23

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Beautifully maintained decorated. Freehold T/H on Wedgewood Cr. White Euro. eatâ€"in kitchen, large fenced rear yard, finished basement, C/air, 1.5 car garage. Walk to parks schools. $164,900 _ _ 1142 AVONDALE COLLEEN or JOYCE PICKETT 338â€"9000 / 847â€"2603 BUSINESS There are several trends that are becoming evident that will link your financial ability to pay for medical services to the quality of medical care you will receive in your later Currently _ in Canada, our medical services are provided free. But our country is changing. These changes will affect the types of medical services that will be available and how these services will be financed. A. financial health might become more closely related than you would expect. Feds must curtail debt....or else * $269,900. Gorgeous, executive Oakville 4 bedroom home near Golf Course, Sheridan College, Oakville Place, etc. Skylight, open concept family room, cathedral ceiling, central air, interlocking driveway more. All the extras are included yitlp price. Come to see this beauty and let‘s make a deal! Sales Representative CYNTHIA GO AT 905â€"896â€"2121 Frank Lester, (centre) pres. of Procor Limited, presents $30,385. cheque to Mack Gould, executive director of the Oakville United Way. Looking on are (I to r) Dean Cameron, representing the company‘s Ecodyne division; Diedre Day, representing Procor employees and Bill Dobbie, on loan to the United Way from Bell Canada. The money came from personal donations as well as other activities that included a bake sale, pancake breakfast, a draw for the president and plan manager‘s parking space for a month and casual Fridays. (Photo by Peter McCusker) SUN NOV. 27TH, 1:30 TO 4:30 PM. 2035 BANBURY CRES. OAKVILLE our medical (905)896â€"2121 CONFEDERATION REALTY LTD. Medical costs are increasing, at the same time that new medical procedures _ are being developed, which will add to the total cost of health care. In addition, people are living longer and, therefore, more individuals will require extensive medical services in their twilight years. hand, the government‘s ability to finance years. If Canada is too generous with its social programs, it will need a much higher tax base. This will cause both capital and individuals to leave 18 diminishing. There is a large debt at both the federal and provincial levels that limits the government‘s ability to fund various _ worthy causes â€" such as free medical care. The intent might be there, but the financial ability is not. P rovincial governments will eventually have to limit the extent of their medical coverage in order to attempt to control their costs. T Wwe.refotrte. individuals â€" will have to make up the That would result . in _ us depending on a smaller tax base, which would force the government to offer a â€" smaller social safety net. Either the government has to curtail its spending now or face the necessity of dramatically cutting government funded programs in the future. Canada to avoid an increasing tax burden. prescription for good health during retirement is a good savings program now. Peter Watson, MBA, CFP, RFP is the president of Peter Watson Investments Limited â€" an Oakville firm specializing in retirement planning, RRSPs, and investment planning. He can be reached at 842â€"7602. Any retirement planning that you do â€" should include the potential for these added expenses. The more that you can save now, the more likely that you will be able to afford these unpredictable medical costs in the future. Politically, the options could include requiring people with greater financial resources to pay for some, or all, of their medical costs. Or . the government could decide which medical services would have to be paid for by the individual. Regardless of the outcome, many people will pay for some, or all, of their own medical costs. And that brings us back to the topic of financial planning. difference and pay for some medical services in the future.

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