THE OAKVILLE BEAVER Save an extr‘a (0% in taxes on your SP contribution this year 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. hile mutual funds are generally designed to reward investors in 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 Canada. Here‘s an example: Private equity investing involves certain risks Investment in Working Ventures _ $5,000 that are not encountered with many other The Power Of Wor kmg Ventures hk Sdomes â€" $2,500 investments. Although Working Ventures provides Canadian Fund s RRSPgIax deduction * you with a tax credit to help offset those risks, it Now, you can take advantage of a unique investment fund â€" Working Ventures Canadian Fund â€" that could permit you to reduce this year‘s taxes by $4,500! That‘s 40%* more than the tax benefit of just about every other RRSP in Canada. You receive $2,000 in tax credits* by investing $5,000 in Working Ventures Canadian Fund. The fact that Working Ventures shares are also eligible for an RRSP means further tax breaks.. For instance, if you are in a 50% marginal tax bracket, a $5,000 contribution to an RRSP would reduce your taxes by a further $2,500, for a total of $4,500 ($2,000 + $2,500) in tax savings*. Your investment will primarily be reinvested in promising, growthâ€" 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. track record of success combines senior corporate management disciplines with the handsâ€"on â€" companyâ€"building skills of a successful entrepreneur. This complements well the investment and finance background of Jim Hall, Viceâ€"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, tlisciplined and seasoned approach to the development of a strong, diversified investment portfolio. 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. (at 50% assumed tax rate) Federal Tax Credit (20%) Provincial Tax Credit* (20% where applicable) Your Net Cost Your Total Tax Savings â€" $1,000 â€" $1,000 $500 $4,500 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 governments (some exceptions apply). Working Ventures may restrict total redemptions to 20% of total assets of the fund in any one year. A fee of 3/4 of 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 underâ€" 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 shortâ€"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 Aluctuate. *The extra provincial tax credits are available to investors resident in Ontario, Prince Edward Island and New Brunswick. First published October 1993. For more information, please call: ANDY BLANCHARD FINANCIAL CONCEPT SECURITIES 22 Lakeshore Rd. West Oakville, Ontario Tel: (905) 338â€"8600 WORKING VENTURES CANADIAN FEUND INC. Discover How Working Ventures Can Work For You Open weekdhys until 8 p.m. Sat. 9â€"5, Sun. 1â€"4 Feb. 23, 19 Residents trying to find common ground in debate (Continued from page 1) Mississaga Street area and began hammering out an agreement. What worries Plumb â€" who weeks ago said every group should treat all others like they would like to be treated â€" is that someone will be omitted from the process. "The more you get into it you want to be fair to everybody," said .Plumb. In the meantime, Plumb said he left Monday‘s meeting with the West of River Group feeling "hopeful" progress was being made â€" despite the fact the other body prefers the southerly crossing be built first. ‘"We‘re all trying to work within the realm of reality," said Plumb. The Burloak Secondary Plan identifies the need for several major transportation improveâ€" ments including new northerly and southerly crossings of the Twelve Mile Creek. Bronte Citizens United has come up with an alterâ€" native which features a northerly crossing linking Wyecroft Road and Fairview Street and a road down the easterly lot line of the Shell Lands. This would hook up with roads in the proposed resiâ€" dential area to the south and in turn feed onto Lakeshore Road. West . ‘of ‘ River . Group spokesman Bruce Craig characterâ€" ized the sitâ€"down as a "go meeting" but would elabord only that they were "working arriving at a consensus." In a prepared statement he sq the position of his group is "ca sistent with historic and curré studies on this issue and includ the documented questions a written submissions or questio naires by residents contained w study documents." Craig would not, howevd comment on whether the West River Group favored the northe or southerly crossing be bu first. Plumb, on the other hand, saf the two parties did agree on sel eral issues: that Burloak Dri has to be expanded; that there no need for the widening Bronte Road nor the constructid of Riggs Road; that northerly a southerly crossings are neede, They did not, however, agree d whether the north or south cro ing should be built first nor t size of the southerly bridge. Plumb added that durif Monday‘s meeting the West River Group said it would ba Bronte Citizens United on t necessity of removing Riggs Ro and the Bronte Road expansi¢ from both the Oakville Regional Official Plans. Ont. Hydro chairman at Cdn. Club tonigh Maurice Strong, chairman of Ontario Hydro is the guest speaker tonight‘s Oakville Canadian Club meeting. Strong has just completed his first year as head of Canada‘s largest uti ty. He was also the chief organizer for the 1992 United Nations conferen on the environment in Rio de Janeiro. His topic for the meeting will Sustainable Future‘. be ‘The Road from Rio: Toward The meeting starts with a cash bar at 6:15 p.m. with dinner to follow 7:00 p.m. at the Oakville Howard Johnson Hotel on Argus Road. Cost members and non members, for this meeting only, is $18 each. Pharmacy a victim of the strik4 (Continued would do this." from page 1) As the largest store in the Miracle chain, the Ultra Mart employs 2 workers, many of whom will have plenty of questions said Bootland. Li Alexander (whose store employs 73) he has yet to examine the new cd tract closely but says his employees are glad the strike is over and q happy to be coming back. This is also decisionâ€"time for workers who fou new jobs during the strike, says Bootland. We have a great staff. They wanted to work and now they can get with their lives," says Bootland. "We had very few picket line proble We all realized it‘s not a personal thing. It‘s a business thing." The job action has taken its toll, however, much of it financial. Prior the walkout the Ultra Mart was drawing 18,000 customers each week a in turn was spreading the wealth around to other stores in the centre. "The mall is suffering. I felt sorry for the merchants," said Bootla "They were building their businesses and we were growing at the time the strike." Alexander â€" who explained his Kerr Street store boasted more th 10,000 transactions a week â€" says the residents of Kerr Street will pleased by Friday‘s reâ€"opening. Seniors in particular will be happy. expects competition to be fierce, however, especially with the recent opd ing of the No Frills store at Trafalgar Village. The Ultra Mart‘s pharmacy also took it on the chin during the stri Although it remained open, manager Wayne King explained busing dropped off 70% and he lost his head technician. The approximately 2 prescriptions filled each day dropped to as low as 50. King appreciates the fact the union recognized the need for people have access to their medication (if only nonâ€"union people worked counter) but says many customers stayed away because they were afraid cross the picket line, they supported the strike or they simply didn‘t real the pharmacy was still open. To help lure business back, King said the pharmacy‘s dispensing fee been dropped to $7.99, seniors discounts will be offered twice a week al free prescription delivery will continue. Diabetic supplies will be sold cost plus 10%. Docket # H373 Date: Feb 15, 1994 Location: Alpha Server February/Heads Up! The Laird Group Original page 1 Saturn SL The Saturn "I want to know the details t U C s oo $189/month. $1444/down. 36 months. Your payments based on a 1994 SL, AM/FM stereo, driverâ€"side airbag, split folding rear seat, adjustable steering column, remote trunk release, intermittent wipers, MSRP $11,995 excluding tax, licence and insurance. First month payment of $189.00 plus $300.00 refundable security deposit and down payment of $1444.00 for a total of $1933.00 plus taxes, due at lease signing, based on 24,000 km per year. Other down payments and vehicle options available. See Retailer for details. Saturn SC1 Co 4 quth M / goind $ come 1o _ Toy, QLY,S Fashions Where you find a large selection of SWIM SUITS and SPORTSWEAR Sizes 6 to 20 39 month. 835 own. 36 months Your payments based on a 1994 SC1, AM/FM stereo cassette, driverâ€"side airbag, split folding rear seat, adjustable steering column, remote trunk release, intermittent wipers, MSRP $14,295 excluding tax, licence and insurance. First month payment of $229.00 plus $300.00 refundable security deposit and down payment of $1535.00 f()r a Car for a total of $2064.00 plus taxes, due at lease signing, based on 24,000 km per year. Other down payments and vehicle options available. See Retailer for details. lease 2 3 un experience. 26 months Your payments based on a 1994 SL1/18C, 4 speed automatic transmission, AM/FM stereo cassette, air conditioning, driverâ€"side airbag, adjustable steering column, power steering, intermittent wipers, MSRP $15,215 excluding tax, licence and insurance. First month payment of $249.00 plus $300.00 security deposit and down payment of $1503.00 for a total of $2052.00 plus taxes, due at lease signing, based on 24,000 km per year. Other down payments and vehicle options available. See Retailer for details. with 2 FLOORS of Spring and Summer Fashions for all occasions (L\D!LY,S Fashions 333 LAKESHORE RD. E. OAKVILLE 845â€"3931 SATURN A DIFFERENT Kinp of COMPANY. A DIFFERENT KInD of CAR. Budds‘ Saturn Saab Isuzu 507 Speers Road, Oakville 84541610