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/ PAGE 2THE CANADIAN STATESMAN, APRIL 5, 2000 Three Clarington employees make it into the 100K club The municipality recently released the salaries of its high earning employees employees along with council salaries and expenses. expenses. The municipality is required to release the figures of elected officials and those earning over $I()(),(X)() each year. This year, Clarington's chief administrative administrative officer Frank Wu was the top earner, bringing home $104,152. The municipal treasurer Marie Marano and lire chief Michael Creighton were also on the list thanks to one-time salary adjustments adjustments they received in 1999 on top of their regular salaries. Ms. Marano earned $94,615 plus a $10,843 salary adjustment while the lire chief earned $84,296 with adjustments of $ 11,351 for 1998 and $9,560 for 1999. The amount each councillor earned in 1999 varied because some councillors councillors turned back salary increases when. they took effect in 1998 even though the raise was passed unanimously by council. council. At that time, a treasurer's report indicated indicated Clarington councillors were. paid less than their counterparts in other municipalities of similar size and population. population. Regional councillors arc paid more than local councillors. School board salaries, page 10 Bowmanville company charged by WSIB Charges were laid last week by the Workplace Safety and Insurance Board against a Bowmanville company. company. A numbered Ontario company, operating operating as Video King at 92-94 Wavcr- lcy Road in Bowmanville, and its owner, Sultan Esmail, 54, of Hcwison Court in Ajax, have been charged with one count each of failing to register with the WSIB within 10 days of becoming becoming an employer. Mr. Esmail also faces the same charge in relation to businesses located in Peterborough, Oshawa, Uxbridge, and Lindsay. He will appear in court April 18 to face the Bowmanville, Oshawa and Uxbridge charges. NOTICE Our Lease has Expired!! Inventory Liquidation Everything Must Go - Right to the Bare Walls Save on Brand Names Such as: • Decor Rest • Super Style • Statum • Buhler • Best Chairs • Sealy • Serta and many more! SAVE 25% - 50% OFF OUR ALREADY LOW PRICES. ^ I'/"- 4 ■ Look At This! An AE% Additional Off every purchase appoint of sale 75 % HUGE SAVINGS! V. y'* \ > V X- i V w % IfUIDmdRK HOME FURNISHINGS "DURHAMS LARGEST SELECTION OF QUALITY FURNITURE" QUALITY - UNBEATABLE PRICES - SERVICE Save up to on selected sale items! 77 KING STREET EAST BOWMANVILLE 697-2225 Top Round Marinated Steaks Save s 1.50 lb. Honey & Garlic Smokies Save $ 1.30 lb. Garlic Smokies Save *1.30 lb. Fresh Octoberfest, Honey & Garlic, Italian Hot or Sweet ®e Sausage ^ Save $ 1.00 lb.! Ground Beef ^T 1 10 lbs, or more $ 1.69 lb, ALl Chicken Souvlaki Save *2.00 lb. SELBDE'S FRESH VEGETABLES & FRUIT BOWMANVILLE LOCATION ONLY White or Brown Wonder Bread 1% or 2% Milk % Sh . « Chicken Wings ^ Save *1.00 lb. •.< Boneless fSYcT'. Buffalo Wings Save *1.00 lb. çJy IlliDo Boneless Qiickeh Save *2.00 lb. Chicken fingers * > Save *1.00 lb. , Q9S ktb° Baloneys, Veal, Beef, Garlic or Blue Ribbon Headers Choice Awards 1999 All Halenda's stores have meat cutters on location & we will gladly custom cut for you! Haiti IS& Dollar$ & Sense with Deborah Kohlsmith Financial Consultant GREAT NEWS FOR INVESTORS (In Budget 2000) More foreign content and lowered capital gains highlight new budget for investors. Foreign Property Limit Increased! Effective immediately the maximum foreign content limit lias been increased from 20% to 25%*. In the year 2001 and beyond, the foreign content limits will be increased again to 30%. Unfortunately Paul Martin did not eliminate the foreign content issue completely, however now with a 25% maximum and the introduction of the clone funds the 'world' is available within registered savings portfolios. Remember holding a labour sponsored fund within a sclf-dircclcd RRSP or RRIF also' has its advantages - you may now increase your foreign content to a maximum of 45% and next year to 50%. Government Lowers Capital Gains 'lax Rate! Capital gains on non-rcgistcrcd or 'open' investments were calculated at a 75% inclusion rale prior to the recent budget. Budget 2000 has reduced the capital gains tax rate to 66 2/3%. This is fantastic for all investors - the end result you will pay less tax in the year 2000 on these types of investments. The rules to calculate the capital gains tax rate will be based upon pre and post budget periods. You should consult with a lax expert to clarify these complex rules. For your complimentary copy of a budget analysis call! * Now would certainly be a good time to review this position in your overall portfolio. REGAL CAPITAL PLANNERS LTD. 108 King Street East Bowmanville, ont. L1C1N5 (905) 625-1936 e-mail address; debkohlsmilh@sympatico.ca )[d cz/^zj-hctionn mi HÜU m 0 MOB dEW ! I:V,73 King Street East 6Z3-9434 (located Initde Solblt'i) Hoursi Mon.'Wed, «*7i Thun.-M. *»i Sit. »■*, lull, B-f ISO 1300 King Street East 432*1382 (Klngewey Village Shopping Centre) Hoursi MorvWed, t-7, Thun.-Irl. *-■, let, Sun, lo g Sale effective until doling Sunday April 09,1000. FREE DRAW with every purchase for a BOYD BEAR TABLECLOTH Value $16,99 otd c^/xsfisationi, Jim {J-zwztCz& Jiftx 243 King St, E„ Bowmanville Mall 623-8 I Mon-Wed 9:30-6, Thurs-Frl 9:30-9, MM] ngTi ■ ^Sat9;3Q.6, Sun 11-4 rëeWU-- IM> 64