Oakville Beaver, 14 May 1993, p. 22

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1107 LUNDSAY *aimh Sneigrove" $g n be 0 0 9 9 9 0 0 9 0 0 0 0 8 9 o 2648 FONTHILL _ Raroch‘ 499 COLLEEN 2 2056 GLENADA Corglyn Lofquist** »Energy forum set be sure to visit these The Oakville, Burlington, Milton and Halton Hills Chambers of Commerce willshost an Energy Forum on May 27th in coâ€"operation with Ontario Hydro and Union Gas, funded by the Ontario Ministry of Environment and Energy. The one day Energy Forum is free to all participants and is aimed at Commercial/Multiâ€"unit energy users. On hand at the Energy Forum, set for ,the Oakville Howard Johnson Hotel will be representatives from the Ontario Ministry of Environment and Energy, Ontario Hydro, and Union Gas. There will be several Energy Management Exhibits set up by Halton area businesses to showcase their energy saving ideas and devices. The Energy Forum is designed to bring together Energy suppliers and users to discuss energy conservation and the financial savings to the business community. Anyone wishing to attend or wanting more information should contact Karen Cutmore at the Oakville Chamber of Commerce, $45â€"6613. | OPEN HOUSE SAT. MAY 15, 2â€"4 p.m. | \OPEN HOUSES SUN. MAY 16, 2â€"4 p.m.| BUSINESS * Sales Rep **Assoc. Broker REAAMEK® Houses Sales Rep. Miracle Network Children‘s By ROSS POLLOCK Special to the Beaver The building, located at the corner of Lakeshore Road and Trafalgar Road in Downtown Oakville has been listed for sale at the price of $9,775,000. The owner of the holding company, 277 Lakeshore Limited, an unnamed retired Toronto man, has chosen to sell the building as part of a financial planning strategy. Guelph realtor Steve Kewin, who is handling the sale, says that the sale price is based on the income stream from the present tenancies. There is a total leasable (See "‘Building" page 24) Economic recovery tied to debt reduction Do you have an extra $9.8 million? If so, you could be the proud new owner of The Royal Life Building. By LINDA GUTRI Special to the Beaver Canada‘s national debt must be steered off its "explosive path," a Royal Trust financial expert warns. "One of the manifestations could lead to severe currency devaluation," says Paul Starita, president and managing partner, Royal‘s Investment Services Inc. "This is your issue and only you can fix it," Starita told 250 guests attending a local Royal Trust _ investment seminar Wednesday. Once controversial building up for sale Diversify out of Canadianâ€"dominated Help us celebrate the 40th anniversary of Oakville‘s #1 corporate citizen in this special broadsheet section featuring stories and historic photos covering Ford‘s 1953 opening to the present! Presented by Oakwille‘s Awardâ€"Winning Community Newspaper To Place a Congratulatory Message In This Special Supplement Call (416) 845â€"3824 or Fax (416) 845â€"3085 today! investments, he advised. It is the only way to protect and minimize the eventuality of a severely devalued dollar. As a nation, Canadians must make politicians clean up the debt, he said. "We cannot blame P , L Ottawa for this debt. _ PAUL STARITA We are all guilty. We have all contributed to it, even this town," he said. Royal Life building on north west corner of Lakeshore Road and Trafalgar Road, is up for sale...if you‘ve got $9.8â€"million. Starita did have some good news Canada and the United States are the focal point of a global economic recovery. He said Canada can expect three per cent growth this year and the dollar will likely drift to 78 or 80 cents U.S. He said theâ€"country has positive indicators such as increased exports, energy industry potential, improved industrial production, promise of smooth government transition to a new leader, and political focus on real issues. But Starita warned that the major problems of unemployment and debt still exist. In fact, he s aid, the $725â€"billion debt, FRIDAY, MAY 14, 1993 PAGE 22 (See "Debt" page 23)

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