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

I 4 Valentine's Dinner at Trinity Church The Canadian Statesman, Bowmanville, Wednesday, February 16,1994 15 Graduated Licencing Will Begin April 1 New drivers applying for a licence after April 1,1994 will be the first to enter Ontario's two-year graduated licensing licensing system that increases driving privileges with experience. "Graduated licensing will ensure the 300,000 new drivers on our roads each year develop the skills they need to avoid collisions," said Transportation Transportation Minister Gilles Pouliot. "We are confident this system is going going to save lives and cut health care costs by reducing the number of injuries." injuries." Work to accommodate the new licensing licensing system is under way and the program will be fully implemented June 6,1994. Graduated licensing is a two-level system affecting new drivers apply ing for a car (including van and light truck) or motorcycle licence. Car drivers must spend a minimum minimum of 12 months at Level One during during which driving privileges are limited. limited. At the end of this period they are eligible to take a road test to enter Level Two. (Drivers may reduce the Level One period to eight months by successfully completing an approved drivers' education course.) Drivers arc given more privileges during Level Two which also lasts a minimum minimum of 12 months. At the end of this period, drivers are eligible to take a comprehensive road test to gain full driving privileges. For motorcycle drivers, Level One lasts a minimum of two months and Level Two lasts 22 months. Drivers may reduce the time requirement at Level Two to 18 months by successfully successfully completing an approved motorcycle motorcycle safety course. Drivers who already hold a learner's learner's licence when the April 1, 1994 cutoff date arrives, will continue under under the existing system until they, pass a standard road test, or their learner's licence expires. Those who pass their road test before June 6, 1994 will not be required to enter the graduated licensing system. Those who pass their road test after June 6, 1994 will enter Level Two of graduated graduated licensing. Learner licence holders holders who do not pass their road test before before their licence expires will, on requalifying, enter Level One of graduated licensing and will be eligi ble to immediately schedule a road test to enter Level Two. Since graduated licensing was announced, announced, ministry driver examination centres have been flooded with new drivers rushing to take their road tests. As a result, the number of drivers drivers failing the road test has climbed dramatically. To encourage new drivers drivers to better prepare for the test, the ministry recently extended the mandatory mandatory waiting period of retesting of learner licence holders to 60 days. "Graduated licensing is a key element element in our government's plan to make Ontario's roads the safest in North America," said Pouliot. "It will go a long way to reducing traffic collisions collisions and fatalities on our roads." A Valentine's Dinner was held in the new addition of Trinity United Church in Bowmanville on Saturday, February 12th. The capacity capacity crowd of diners were escorted to their seats in the spacious and elegantly decorated hall to bagpipe music provided by local piper piper Jamie Douglas, a student at Bowmanville High School. Additional Real Estate HELEN BONNET Sales Representative Lie. Since '87 Now taking listings for SPRING 1994! If you are thinking of selling call me for a FRANK TALK. Off. (905) 623-3393 Res. (905) 623-8536 W. Frank Real Estate Ltd. 234 King St. E. Bowmanville JFRANK LAWYER Peter E. Heslin, LLJB. Real Estate Wills Mortgages Family Law Pickering-Ajax Bowmanville 1305 Pickering Parkway * ' 36 King St. E. Suite 304 623-5554 Call Toll Free - Region of Durham, and Toronto 1-800-567-3926 MORTGAGES - BASICS FOR BEGINNERS A MORTGAGE is like a loan, using a home or Real Estate as security or collateral for that loan. PRINCIPAL - the amount of money borrowed (the difference between your downpayment and the purchase price of the house). INTEREST - expressed as a percentage, it's the amount you pay the lender for the use of his funds. MORTGAGE PAYMENTS - Most commonly made monthly, weekly or bi-weekly. Each payment consists of two parts (blended payments), some reduces the principal and some the interest (P.I. payments). P.I.T. PAYMENTS - as above, plus the applicable amount of realty tax. AMORTIZATION PERIOD - the total time to repay the entire loan (often 25 year period). TERM - the length of the agreement within the amortization period - often 1- 5 years. A new mortgage may be renegotiated at the end of each term at the then current interest rates. CONVENTIONAL LOW RATE MORTGAGES - the principal represents 75% or less of the cost of the house (25% or more down- payment). HI RATIO INSURED MORTGAGES - the principal represents up to 90% or 95% of the cost of the house and this mortgage must be insured for the lender by C.M.II.C. (more about this in a future column.) Thinking of buying or selling in the near future? Please meet with me first. I can be reached at Family Realty 2000 Ltd. 623-2000 (24 hour pager). NEWCASTLE I 85 King St. W. I 987-4733 [sm NATIONAL REAL ESTAIf bfKVIU BOWMANVILLE 214 King St. E. 623-4445 NRS EDVAN REALTY LTD. 686 0477 OPEN HOUSE BLITZ Sunday, February 20th 12 Princess St. Orono $109,000. 1 - 3 p.m. 3813 Hwy. #2 Newcastle $149,000. 2-4 p.m. 1725 Brownsville Rd. Newcastle $112,000. 2-4 p.m. 9 Wiggins Dr. Ajax $234,900. 2-4 p.m. Every Smart Business Owner Knows That the Key to Greater Profits is to... Cut Costs! One Color 500 .. 1000 500 .. 1000 1000 5000 1000 5000 Two Colors -- Your Cost Cutting Guide to Greater Profits Business Cards #10 Envelopes One Color 1000 $59 5000 $195 Two Colors 1000 $95 5000 $279 We Also Offer Great Savings On All Your Printing Needs Business Forms • Price Lists Brochures • Promotional Flyers Rubber Stamps • Carbonless Forms Newsletters • Fax Cover Letters Photocopying • Full Colour Magazines Offer Valid Until February 25th, 1994. $34' $42 $62 $78 Letterheads One Color Two Colors .. $66 $173 $119 $244 James Publishing Company Limited 62 King Street West Bowmanville, Ontario L1C 3K9 Telephone 623-3303 Fax 623-6161 Printing Professionals Since 1854 All Prices Subject to Applicable Taxes GOT THE BUIES? You can't change the weather, bat you can brighten your home with more of oar 44th Anniversary Specials! lutfln NlWhell En#» 1 White mi»' .. Most colours Moorcraft Latex Eggshell Finish $7*44* Jgjt List Price $30.60 Moorcraft Latex Semi Gloss $7544* List Price $32.70 Ideal Latex Primer Sealer S| 744* MÆê Our reg. $15.95 IT'S NOT EXPENSIVE IT'S IDEAL! WALLPAPERING? GREAT SELECTION HELPFUL STAFF COMPETITIVE PRICES up to 40% oft book prices) WHAT ELSE CAN WE SAY? (Overwhelming Actually) (We're helpful but we won't bug you.) (In stock from $4.99 single Your Computer Colour Matching Specialists an aflBERNETHY'S PFI NT and WflLLPflPER 55 King St. W. 623-5431 Bowmanville __ Hours: Mon, - Thurs. 8 - 6; Fri. 8 - 9; Sat, 8:30 - 5 (™J