Whitby Free Press, 25 Nov 1995, p. 5

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WhItby Fme resw*esday, january 25.i 11-i, ?ge' RRSP tax would be unfair, says McTeague Ontario riding MP. Dan MeTeague bas sent, a letter ta Finance Minister Paul Martin indicating that a tax on RRSPs in the upcoming federal budget would be unfair ta Canadians and counter-productive to addressing the deficit and debt. lI informed tlbe niuster that 1 could not support a tai on RRSPs as they are one of the few avenues open to Canadians ta prepare for their retirement. "Given the relatively small number of Canadians who currently own RRSPs, such a tax would not- generate significant revenues for the government. 'With the uncertainty surrounding the future viability of the Old Age Security peno plan, p1a î atax on RRPs WOUld have a negative impact on those who will want to obtain further income security when tqretire," said MeTeague. asbelieve that it would b. unconscionable for the goverrnment ta ipo= a tai on the RRSPs of Cnians when the currenit Members of Parliament pension plan bhas not been reformed. The National Citizens Coalition says McT eague deserves praise for the principled stand he is taking -on the -Ps' pension plan. cfé osima Authentie taste of German Food in a COSY atmosphere Times: Tuesday - Saturday 5pm - 9:3Opm Sunday 11lam - 2pm, 5pm - 9pm Sunday. Brunc h . . . . . .. .. .. .. . . . s a Bownianville caécom Baslin C~all for reservationsMasct> We welcomne business events 41 and parties up to 135i peopie 71 Meams Crt., Bowmanville S697-2475 Iv AKADIAN FND The Equity, Investment For'Conservative RRSPs. Ivy Canadian Fund [rom Mackenzie makes an excellent choice for the conservative RRSP investor. Why? We believe there are three key reasons: *The fund is managed with a conservative, value- oriented strategy which emphasizes preservation cf capital. e The portfolio is well positioned - with a cash compo- nent - to take advantage of buying opportunities. e Your investment is fully transferable.within the Iv>' Funds and into Mackenzie's Universai and industnial Fund Groups. We're conservative. And we like lv>' Canadian Fund. In fact, we believe it xiii grow on you. For the fuli star>', cali us at the number below. Ioda>'. DEREK DUTKA 1IV Y FU ND S Invest Wisely: Important information about this -mutual fund is contained in the simpiried prospectus. Investors should obtain a copy from their investment advîsor and read it carefully before investing. When purchasing mutual funds, investors should be aware that: e jnutual fund investments are flot guaranteed; e unit values and invest- ment returns will fluctuate over time; and a past performance does flot assure similar future returns. Duildhtin a F ncWalIndependence Jeff Douglas For blanket coverage of ALL the homes and/or (Fortune Financial) businesses in Whitby OB to selected areas only, cail the (selected homes) Whftby Free Press - 668-611i1. *DksFs hp If you did flot get a flyer which is isted for full distribution, (selected homes) give us a cail.

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