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

"A Family Tradition for 128 Years" PORT PERRY STAR - Tuesday, Tuesday, February 7, 1995 - 15 Working at home From Page 14 8. Professional Advice Make sure that you get pro- fessional advice when setting up a business. A professional will help in structuring your company, selecting the right year end, help you with govern- ment compliance, future plan- ning and could save you a lot of money and griefin the long run. Courtesy of, Betty Penny, President ofthe Durham Home Business Assoc., and Principal Accountant of Penny & Associates Accounting Service CIBC has extended its hours just for you To make your RRSP contribution more convenient, we will be open until 9:00 p.m. on February 27, 28 and March 1 and until 4:00 p-m. on Saturday, February 25th. SE wanna aA IR ster rininsis SIAR cali is Or you can deposit by phone, simply by calling 1-800-465-CIBC. Secure Your Future witha CIBC RRSP! To Book your RRSP Review E Interview call 985-4444 Cr i We see what you see. 145 QUEEN STREET PORT PERRY 985-4444 a Do you earn any of your income from a foreign country? Find out about the income tax consequences from EEE SS hei BLOCK JE You can trust Robert J. Gow 985-9803 H&E R Block RRSP NOW! ROBERT J. GOW 434-7156 or 1-800-267-1522 Plan Your © RICHARDSON GREENSHIELDS [nvestment advisors to Canadian enterprise and enterprising Canadians 111 Simcoe St. N., Oshawa, Ontario L1G 4S4 Save an extra ()% in taxes on your RRSP contribution this year ile mutual funds are generally the long run, there's an investment fund that gives you an immediate tax advantage. Working Ventures Canadian Fund gives you a 40% headstart over just about every other fund in | Here's an example: Canada. The Power Of Working Ventures Tax Savings -$2,500 Canadian Fund Now. you can take advantage of a unique investment fund - Working Ventures Canadian Fund | Federal Tax Credit (20%) -$1,000 - that could permit you to reduce this year's taxes by $4.500 That's 40%* more than the tax benefit of oD des f° (20% where applicable SU just about every other RRSP in Canada. (20% where applicable) 1.000 You receive $2,000 in tax credits® by Your Net Cost $500 investing $3.000 in Working Ventures Canadian Your Total Tax Savings $4,500 Fund. The fact that Working Ventures shares are also eligible for an RRSP means further tax breaks. For instance, bracket. a $3.000 contribution to an RRSP would reduce your taxes by a designed to reward investors in 2 Investment in Working Ventures $5,000 -RRSP tax deduction (at S0% assumed tax rate) Provincial Tax Credit® Investment Objective Working Ventures™ objective is to produce the superior returns traditionally associated with investment in dynamic and growing businesses, while minimizing risk through prudent development and, management of the fund. Private equity investing involves certain risks that are not encountered with many other investments. Although Working Ventures provides you with a tax credit to help offset those risks, it cannot guarantee that its investments will earn a specified rate of return, or any return, in the short or long term. In addition, a private equity investment involves a longer term commitment. Participation in Working Ventures should be considered as a long term investment. However, you may redeem (cash in) your Working Ventures shares subject to certain conditions. If you redeem your shares within 5 years of purchase, you will be required to return your tax credits to the federal and provincial oven are in oa <0 maroinal tix . . . if you are in a 50% marginal tax governments (some exceptions apply). Working Ventures may restrict total further $2.500. for a total of $4,300 ($2,000 + $2,560) in tax savings". year. A fee of 3/4 of Your investment will primarily be reinvested in promising, growth- oriented small and medium size businesses in your province. Experience That Counts Key to the performance of the fund is the expertise and experience of its management team headed by Ron Begg, President. His track record of success combines senior corporate management disciplines with the hands-on company-building skills of a successful entrepreneur. This complements well the investment and finance background of Jim Hall, Vice-President Investments. Jim has solid professional credentials from public accounting and merchant banking, and a record of originating and managing successful investments. Jim offers a prudent, disciplined and seasc of a strong, diversified investment portfolio. ppt XX ned approach to the development redemptions to 20% of total assets of total assets of the fund in any one 1% of redemption value will be charged for each year shares are held short of 8 years. Poised for Growth Due to the current economic environment, Working Ventures is in an ideal situation, prepared to take advantage of investments in under- valued businesses and positioned to profit as the economy turns around. And, while a majority of the fund's assets will be invested in enterprising businesses to maximize return potential, risk is tempered by investing a portion of assets in short-term, high quality government securities. Important information about this investment fund is contained in its prospectus. Obtain a copy from a securities dealer duly qualified and licensed to distribute these securities and read it carefully before investing. Share value and investment return will Huctuate. "The extra provincial tax credits are available to investors resident in Ontario. Prince Edward Island and New Brunswick. First published October 1993. Discover How For more information, call: (905) 434-7156 » 1-800-267-1522 Working Ventures RICHARDSON GREENSHIELDS I... Ll 6H=l tS NL Ol Al ei Can Work For You Investment advisors to Canadian enterprise and enterprising Canadians 111 Simcoe Street North, Oshawa, Ontario L1H 7M9 BOB GOW CANADIAN FUND INC.