Whitby Free Press, 9 Feb 1994, p. 4

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Page 4, Whtby Free Press, Wednesday, "February 9, 1994 1994 AUDI 90 S AUDI Two YEAR LEASE 24 month walkaway lease $3,000 downpayment, freight, PDI, taxes extra. OAC. Expires March 31/94. OWASCO VOLKSWAGEN INC. Poven Io serve you BESTsince 1972. An Il CARE"and CAA award winner. 1425 Dundas St. East, Whitby 686-6410 w No~ deiso yet on spending From Bird s Creekto Turkey Point, communîiS across Ontarioare flyin g hig h! Playing your favourite Iottery helps communities across Ontario spread their wings. the province. Last year, $538 million in lot tery proceeds were put to work in communities like yours, with Since 1975, over $5 billion in over 75% of these funds helping lottery proceeds have been used to to operate Ontario's hospitals. support a wide variety of worthwhile With each ticket you buyyou organizations and programs across take us ail to new heights. Together we're maldng good tfhigs happen. For more information coul 1-800-387-0098 pour renseignements en fronçais. Operation cf Hospitals Culture and Communications $70 Tourism and ~7O Recreution $4 Trillium $7 Foundation siCitizenship Ontario Lottry Corpoatio Société des loteres de l'Ontaié See us for your party platter needls! WIISp RRp EASON mutr or mao e ad $19el./ 439k a pop* or lie . he* etnstr * pca Prce!orRosoPr See ous frieyoupak ofpfreeer neds By Mike Kowalsk Durhami Board of Education trust.ee«plIan to tae MI advan- tage. of their share of federal- ý rvincial infastructure fund- Aithough they have yeýt to learn howr they cmii spend the nearly $6 million, schéol board chair Patty Bowmmn snid true- tees are afixioue to tae. part ini the recently avne ny et on where the money is goingbù we will do our best to pari ate ini the partnership,» fsmid Bow-. man. "W. will do the utmnost to maximise the dollars we'il be reoeiving,» she snid. Last month, Ontario and the federal goernment agreed to sped $.23billion on improving theproineisinfrastructure sys- tem. The progrs,-which le expec- ted to create short- and long- terni jobs i a variety of proecte wasaamajor plank in the ia Pari scamparnlatformilest yesfederal e e ion Pjects such as water and sewer facilities, water treatrnent plants, road and bridge work, and, work on heritage and public buildings will b. given priority for fundig Ontario municipalities and school boards muet contribute one-third cf the total cost of the shared program to b.eéligible for funding. Since the Durham board has been alîocated $5.8 million, this means trustees must corne up with lmost $2 million of their own money. "W. will look at anthing we, have in reserves,» saidiBoman, a Whitby trustee. "There may ýb. projects we were saving for that can be deferred,» she snid. Thie Durhamn board updates its list cf spending priorities on a regular basis and this wiIî assist trustees in deciding where te spend the money, Bowman said. "We're not a board with high reserv7es. We only have a small amount of dollars set aside for juirIinderjarten and other thna» she nid. "Btwe wiIî do our beet te eccsa that progrem," she pro- mieed. To Bowman's knowledge, Ontario is the onîy province te extend the program te schooî boards and post-secondmry insti- tutions. "That's the province's decision and w. aPPreciate it,» she said. The. Durham separate school board han been aIlcaed*2.15 million and Durhm Coîlege more than $1 million. The money is tobeused for r.pari* or expanding eistig fac Iities. $ 10,000 placed, mn a Trimark Canadian Fund RRSP in 1981 would *Trimark Canadian Fund's historical annual compounaca total rate o returnnfor mhe laes i 1, ,.5 ana 10 year performance to December 31, 1993 art 37.8%, 20.9%, 13.0% and 12.8% respectively. These rate$ of return and invesment values have been auJ ited by Ernst & Young, Cha n ered Accountants, are rçllect changes in unit valut and distributions reinvesîed. They do not ta.ke into, account sales charges or adninstrative fées payable by untholders whch would have reduced recurns. Your unit value and nvesment retunn wi 1 Wutuate. important information about any mutualfund is contained ini ts simpli- fied prospectus. Read your prospectus careflly before investing. You can obtain one from the financîal advisor mentioned above. r""Wr--

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