Oakville Newspapers

Oakville Beaver, 30 Jan 2008, p. 8

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

8- The Oakville Beaver, Wednesday January 30, 2008 www.oakvillebeaver.com Traffic fatalities up 400 per cent By Stephanie Hounsell HAPPY NEW YEAR!! Oil, Gas & Gold Inv Tax Plannin A Primer on Flo One way to reduce your ta in something called flow companies in the oil, gas a the high-income earner, fl effectively allows you to writ (approximate highest marg when you sell, net proceeds (approximate highest marg investment in flow throug principal will translate t the two tax rates), assum a very attractive strategy Without getting too bogged here is the Federal and Prov deduction of the Canadian E resource companies that can't utilize their own deductions offer up "flow through" shares to investors, giving investors the ability to "write-off" effectively 100% of their investment in exchange for capital to be used by the resource company to further its exploration programs, hence the name "flow through". The tax benefits "flow through" to the investor. Liquidity comes four to twenty-four months, after your initial investment, depending on the type of issue. Your liquidity options will again depend on the type of initial investment, and will be subject to regulatory approval, but will take the form of either rolling into an open ended mutual fund or simply the free trading common of the underlying company. There exists additional tax planning strategies within flow through shares that can further enhance your net after tax return, like offsetting the capital gains on the flow through against any carry forward capital losses you may have on your books. Flow through investing is not without risk and each individual offering or pooled offering should be carefully scrutinized by a qualified professional. The appetite for flow -through has been increasing steadily simply due to the successes of past offerings. You need to make sure the risks are understood, the tax benefits are utilized properly and that you are comfortable investing in the resource sector. That said the "Flow through" sector has been one of the tried and true tax planning strategies that have handsomely rewarded the informed investor. Now is the time to act for flow through investing in 2008! For a COMPLETE PERFORMANCE HISTORY or for more information on flow through investing please feel free to contact Tim Trian, CFA Portfolio Manager, Dundee Securities Corporation, Member CIPF at 905-829-0600. (1) Important information about flow through shares is contained in the relevant prospectus/offering memorandum. Please obtain, read and consider carefully including associated risks and tax consequences before investing. (2) This article was prepared by Tim Trian who is an Investment Advisor with Dundee Securities Corporation, a DundeeWealth Inc. Company. This is not an official publication of Dundee Securities and the author is not a Dundee Securities analyst. The views (including any recommendations) expressed in this article are those of the author alone, and they have not been approved by, and are not necessary those of Dundee Securities. SPECIAL TO THE BEAVER With Halton traffic fatalities up 400 per cent so far this year, police are vowing to take a more pro-active approach and are asking for the public's help. Since the start of January, there have been four fatalities resulting from three accidents. Three deaths -- from two accidents -- were in Milton, while one fatality was in Burlington. At this time last year, there hadn't yet been any traffic fatalities. "This is not just a police concern, this is a citizen concern," said Halton Regional Police Sgt. Brian Carr in a meeting with the media at police headquarters Tuesday morning. Police are asking residents to be more vigilant about reporting incidents on the road they feel are unsafe and to take greater care themselves when driving. "We're relying on the citizens of Halton to go back to the basics," Carr said. Halton Regional Police Chief Gary Crowell said each driver is responsible for road safety. "Motor vehicle collisions are the greatest public safety risk in Halton Region today," Crowell said, adding, "People are more likely to be injured or killed on our roads than by any other criminal offence. These tragedies are almost entirely preventable if everyone would slow down, buckle up and minimize distractions while driving." Unfortunately, the increase in traffic fatalities this year is at least somewhat consistent with previous years. From 2006 to 2007, there was almost a 100 per cent increase, with 13 deaths from 12 accidents in 2006 and 24 deaths from 20 accidents in 2007. An aggravating factor in 12 of the deaths in 2007 was speed, while alcohol played a part in six, Carr said. Seatbelts weren't used in four of the 2007 deaths, while in 10 deaths, distractions -- including cell phones -- were a contributing factor. In light of these new statistics, police will be continuing spot checks, targeting the main arteries that fuel the 400 series highways, Carr said. Last year, police restructured the sixofficer regional traffic unit, creating district response units with six officers assigned to each district to address speeding and community traffic concerns. Patient faces sex assault charge Halton police's Child Abuse and Sexual Assault Investigations Bureau is investigating a report that a female lab technician was sexually assaulted by a male patient Monday afternoon. On Jan. 28, shortly after 4 p.m., a female lab technician was working in her office near Lyons Lane when she was confronted by a male patient who had been waiting in the waiting room. The man walked into the technicians office and began kissing her and touching her inappropriately. The woman verbally objected to the man's advances to no avail. The man kept the technician in the office for approximately 10 minutes. When the woman was finally able to escape, she phoned police. As the man attempted to make his own escape, he was located outside the office and arrested by police. Charged with sexual assault and forcible confinement is Fernando Pereira-Dutra, 37, of Brady Avenue in Oakville. He was been held for a bail hearing. Halton police are continuing to investigate the incident and anyone with information related to it is asked to contact the Oakville Criminal Investigations Bureau at 905-8254777, ext. 2215 or by calling Crime Stoppers at 1-800-222-TIPS (8477). · · · · · Photograph restoration and digital conversion. 35mm slide restoration and digital conversion. Anniversary and special occasion DVDs. Wedding and Funeral compilation DVDs. Free in-home consultation. Preserving the past, capturing the future. Madison Avenue Productions 588 Weynway Court, Oakville L6L 4G7 Column Provided by Dundee Securities Corporation The opinions expressed in this column are those of the author p p f and do not necessarily represent the views of this newspaper. Tim Trian, CFA - Portfolio Manager Laura Trian, CA., CFP CIM - Associate Portfolio Manager , Vi i h // i d d lh madison.avenue@sympatico.ca 905.334.2467 Did you know you have cancer-fighting powers? ou do. (yes, you!) can fight cancer by becoming a volunteer with the adian Cancer Society. l you need to do is spend three hours selling daffodils or canvassing oor to door, and you'll be helping us fund research to help more Canadians survive cancer. And that's a powerful thing. 200-2908 South Sheridan Way, Oakville Tel: 905-829-0600 Peace of Mind ... ... the most Valuable Service we Provide Anton Tucker CFP, FMA, FCSI 905.901.3429 anton@tridelta.ca www.tridelta.ca OAKVILLE NORTH YORK MISSISSAUGA THORNHILL Three hours for you, a lifetime to a cancer survivor. To volunteer, visit cancer.ca/volunteerpower or contact your local r Canadian Cancer Society office. fi Live your dream. Increase your Net Worth. Ca I'll show you how. Philip Mathew, B.A. Sc., MBA 905-634-6021 www.philipmathe Investment Planning Counsel I P C I N V E S T M E N T C O R P O R AT I O N TM (905) 845-5231 Let's Make Cancer History 627 Guelph Line, Burlington, Ontario L7R 3 M 7

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