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Section Two The Canadian Statesman, Bowmanvillc, Wednesday, November 9,1994 9 ideas from Waste Reduction Seminar Social Assistance Caseloads Decrease for Seventh Month From Page One partments look at and buy reconditioned reconditioned models. Markets for reconditioned goods and environmentally friendly products products were discussed by Linda Varan- gu of the Association of Municipal Recycling Coordinators. She told the group of about 70 people "by purchasing environmentally environmentally friendly products, you are developing developing a market for these goods." Current prices for a number of products that used to be just thrown out have brought dollar value to what was considered waste. Newspapers are worth from $18 to $44 per tonne, while steel can bring $1640 to $1740 per metric tonne. PET containers are worth $170 to $210 per metric tonne. Changing how a company purchases purchases material is another way to become involved in waste management. management. "By changing your purchasing policies and securing markets for your waste materials, you can become become your own entrepreneur." The most basic fact is that "only you know your product." Some of the gains made by industries industries include the return to glass milk bottles for some small dairies. Some types of glass and porcelain products being used as an aggregate or reprocessed glass to be used as marking strips on roadways. Helping you to find the markets that are particular to your waste products is what the Ontario Waste Exchange is all about. Speaking on this topic during the seminar was Diane Lawson. She asks that, when people are ready to call her, they have already done their company waste audits. She asks that they know the compo- by Brian Costello U.S. Election Means It's Time To Buy While we've seen lots of municipal election signs this fall, the election being waged in the United States can mean a lot more to us financially. Why? Because they historically have an impact on the financial markets. The next one almost always has an impact. But, this one could create a substantial reaction both in the United States and here in Canada. Many polls suggest the Republicans are going to fair well. If they do, it will enhance the chances of one of the planks in their platform becoming law. They want to slash capital gains taxes. If they are successful it will enhance the attraction of investing in things like mutual funds, stocks, real estate, businesses etc. rather than simply leaving your money in the bank. It could be so attractive that money will pour into the markets. Obviously, we would benefit from the spillover. Historically, presidential elections also influence the markets. The next one comes in two years. Normally, the first year of a new President investors are feeling their way. Some.will feel positive, others will be disappointed. The second year though is pretty predictable. By that time we realize what's happening. By this time, the President knows the policies he wants to get in. He whacks us a few times in the side of the head with some nasty changes. That normally hurts the markets. In fact, historically, the second year of a Presidential cycle is normally the worst for the markets. In fact, if you look at the way this year has been going it fits perfectly with the normal cycle doesn't it? In the third year though, the President starts thinking about how nice it is to have a personal jet, a helicopter, servants and notoriety. As a result, he starts to work to get the voters back on side. After all, they don't like the things he's been doing. He's fallen in the polls. He has to start running for election again. The goodies start to flow. Well, if you look at this year you can see that President Clinton has a lot of work ahead of him. He's not doing too well in the polls and his people are struggling in the mid term election. He's going to have to start giving some sizable benefits to business and investors to get the money side of the U. S. voting public on side. That should stimulate the American economy for the next two years. We will benefit as the Americans are our biggest trading partners. ' As a result, I'm convinced that North American stock markets are going to soar in the next two years. Canadian markets should do even better. After all, at this stage of a normal economic recovery the world needs all kinds of natural resources. We're loaded with pulp and paper, lumber, metals and minerals and, of course, lots of oil and gas. Equities and equity based mutual funds will be the place to be in the next few years. Of course, a growing economy also normally means higher demand for money. Lenders usually take that as a signal to increase interest rates. If the economy grows too rapidly it creates fears of higher inflation. In that case, as we've already seen on five occasions, the Federal Reserve will increase interest rates to cool any excess growth. As a result, we should anticipate further increases in interest rates in the next year or so. I don't think they will be very large as the economy isn't running at too heated a pace. However, the odds are that rates will probably rise another percentage point or so before this is over. If the economic activity gets too hot the Federal Reserve Board will have to act and push rates even higher. But, right now the American economy is running at around a 3 1 A% pace. That sounds great except that a lot of this pace has only been to build inventories that nobody has purchased. If nobody does, there's going to be a lot of sales. That will keep inflation in check. However, a large buildup in unsold inventories can also mean layoffs, which would put a damper on the economic growth and cool the "Fed's" heels. Even with the fear of higher interest rates hanging over the markets they are going to do extremely well in the next couple of years. Corporate profits are stronger, investor enthusiasm is improving and the mid term and Presidential elections will be positive influences. Those who put a reasonable portion of their money into equities and equity based mutual funds will be , handsomely rewarded. sition of the materials they want to get rid of and how much . Through a network, the waste exchange exchange will try to match your waste product as someone else's resource. The exchange "recognizes new business opportunities" through this networking. Discussing composting was Glenda Gies of The RDC Group. She noted that the 50 per cent reduction reduction of material going to landfills can happen, if all companies and institutions institutions look at composting as a viable viable option. The exchange recognizes new business opportunities through this networking. She said with the number of innovations innovations occurring within this field, there are already a number of systems that can handle comppsta- bles from hospitals, restaurants and other businesses. One of the composting projects she discussed is at the Ontario Science Science Centre. Open to the public for tours, the project is researching a number of different composting blends for better break-down and a better product at the end. Engineer Mike Gerbis approached approached the waste management discussion from yet another angle. He wants people to think and act responsibly. Not only should waste producers look for markets for their products, but they should also find out what happens to the waste/resource material material when it leaves their shipping area. "Ask the next company what will the material be used for and who will process and transport it. Ask for the current price and stay up-to-date on this. Know your materials and the markets." When dealing with contractors who transport your waste, find out everything you can about them. The same thing goes for brokers and the reprocessors. "Look for companies that have credibility, not fly-by-nighters. Ask for references, visit the facilities, find out what is happening to the materials." Gerbis noted as a consultant he tries to get people to know what they have, where it is going, and what will become of it when it has left the hands of the first company. Total social assistance caseloads have dropped substantially again for the seventh month is a row, Ontario's Ministry of Community and Social Services, Tony Silipo, said today when he released the province's social social assistance statistics for October 1994. There are now 32,500 fewer households on social assistance since March. This represents a 4.7 percent decrease. "There is no question that the government's government's plans are working. This decline is the result of an improved economy and our efforts at creating jobs through jobsOntario, as well as, the improvements we have made in the management of the social assistance assistance caseload." • That is what being a responsible waste diverter is all about The all-day workshop also included included a hands-on mini waste audit that everyone participated in. Materials Materials were broken down into sub categories categories as those attending became involved in the exercise. The IC&I Waste Reduction Seminar Seminar was sponsored by the Durham Region Works Department. October's caseloads have dropped by 7,195 from September. This represents represents a 1.1 percent decrease and means that 12,703 fewer individuals are relying on social assistance. For General Welfare Assistance GWA there was a significant decline in the number of people requiring assistance. assistance. When compared to September September 1994, the number of households relying on general assistance declined declined by 2.1 percent, or 7,000. In total, total, there were 333,500 households or 588,500 individuals receiving general assistance in October. Mr. Silipo explained that the nature nature of the General Welfare Assistance Assistance program is short term assistance assistance for individuals and families. The drop means that more people have found jobs and that the economy economy is getting better. NEVER AQAIN! "In a war, everyone suffers...we must never let It happen again." Hie War Amp| TM APPRECIATING YOUR-WORTH Successful Investing, and Tax Reducing Strategies for WOMEN IN THE NINETIES DATE: Wed , November 16,1994 TIME: 7:00 p.m. PLACE: Port Darlington Marina South on Liberty St. to Port Darlington Rd. R.S.V.P. (Steve) 905-623-1936 Also Free Wine Tasting and Demonstraton by Inniskillen -Seating will be limited. 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