Terrace Bay Public Library Digital Collections

Terrace Bay News, 6 Jun 1984, p. 3

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Many students ap- proaching their final year in high school, aren't really positive as to what their chosen field will be. Many stumble through col- lege or university cour- ses, then sure of their profession upon gradu- ating; later to be dis- mayed by the fact that they weren't really cut out to be employed in that field. Well, now there's an alternative. Students can take part in what is known as The Co-Oper- ative Education Prog- ramme which is avail- able through the Lake Superior High School. The programme is de- signed through efforts of local businesses and the school, and gives the student an opportunity to experience a taste of the working world in the profession that they choose. The student is placed as a trainee in a local business (working in conjunction with the programme) where he/ she works for approxi- mately two hours a day one day a week for one semester. Upon satis- factorily completing the semester, the student will then receive a credit towards their diploma. The Co-Operative Edu- cation Programme of- fered for credit is de- Have you tried Roller Skating? The Terrace Bay Rec- reation Department is happy to announce that Roller Skating has be- gun. The times for skat- ing are as follows: Monday 4-5 p.m., 7-9 p.m. Tuesday 7-9 p.m. Wednesday - 4-5 and 7-9 p.m. Thursday 7-9 p.m. Friday 7-9 p.m. Saturday 2-3:30 and 7-9 Check those Bonds If you bought Canada Savings Bonds in the past two years, you just got a little richer. Effective June 1st, the interest rate on Series 37 and Series 38 is being raised from 9.25 per cent to 10.25 per cent for the five months period ending October 31, 1984. The rate of return on these issues after that date will be announ- ced when the terms of the new CSB issue are made public in Octo- ber. All other terms remain unchanged. With this increase, the annual rate of return on these two issues will rise to 9.66 per cent. This means that holders of a $1,000 regular inter- est bond will now earn $96.97 on November Ist. The change will also affect Compound Inter- est Bonds. Both series will now earn single in- terest at the rate of 9.25 per cent for the first seven months and the new higher rate of 10.25 per cent for the remain- ing five months. In addi- tion, Series 37 will earn compound interest at these rates over the A matter of endurance Thunder Bay will be hosting its first triatha- lon on Sunday, August 19th, 1984. The three part event which con- sists of a 1.2 mile swim, 56 mile cycle and 13.1 mile run will be spon- sored by Fresh Air Ex- perience, The Red Oak Inn, Molsons, Brooks Running, The City of Thunder Bay Parks and Recreation Department and Confederation Col- lege. Anyone wishing fur- ther details can contact Alan Cranston -at Fresh Air Experience or call 622-6929. Applications will be available at most local Sports facilities in the near future. same period. All other Canada Savings Bonds, which already earn a minimum of 10.56 per cent to maturity, are unaffected by the announcement. This new attractive rate will help restore the competitive position of these two series and takes into account recent changes in rates pay- able on short-term sav- ings instruments. Equally important is that the increase reflects the government's con- tinuing commitment to ensure that over time investors holding Ca- nada Savings Bonds re- ceive a fair rate of re- turn. Canada Savings Bonds are sold by the government each fall to raise. money to help finance its cash re- quirements. They are considered one of the safest investments and can be cashed any busi- ness day. without penal- ty. p-m. Sunday 2-3:30 p.m. Skating season runs from June Sth to June 30th *No skating this Thurs- day June 7th, Friday 8th, Saturday 9th and Sunday 10th in order to accomodate Multi-Cul- tural Festival , There is also supervi- sion at aH skating ses- sions. This will be the only time this summer that Roller Skating will be held in Terrace Bay. Drop by the Recreation Centre arena and en- joy 1 hour or 2 of roller skating. Fees are as follows: Recreation Members. ages 13 and up - $2.00; under 13 years - $1.00. Non- Members ages 13 and up - $2.50, under 13 years - $1.25. THANK-YOU Niemi-Words cannot express the gratitude we feel for-all the acts of kindness shown to us on the sudden loss of Elmer a beloved son, brother and uncle. All of this knowing that so many people care will long be remembered and cherished. Annie Niemi & Family Elsie Ross & Family 825-9582 We also carry a complete stock of automotive replacement parts. Also get in on Our Shock Deal. Buy 3 and get the fourth one Free. C@pD | ENTERPRISES Located At: Lot 18 Mill Road Terrace Bay CLASS "A" MECHANIC STAFF signed so that the in- school course forms approximately one-third of this programme. The remaining two-thirds of the programme is in an approved out-of-school (business) experience. Credits towards a sec- ondary school gradua- tion diploma will be granted by the school upon successful com- pletion of this pro- gramme. There are many bene- fits for both the stud- ent and the local busi- nessman. For the stud- ents it gives them the opportunity to explore tentative choices; to de- velop academic, social and occupational skills; it develops mature atti- tudes, self confidence and good work habits; facilitates the transi- tion from school to the working field; develops an awareness of busi- Terrace Bay-Schreiber News, Wednesday, June 6, 1984, page 3 Co-operative Education - Support your local students ness and _ industrial needs and demands; and provides an alter- native method of earn- ing school credits. : For the employers it helps to develop sour- ces for new workers; it gives them a chance to evaluate potential em- ployees; they are ren- dering an important commujnity and public service; they contribute to the process of keeping school courses rele- vant to changes in busi- ness and industry; and they get to share di- rectly in the educational process by becoming a partner in instructing young workers in skills required for future em- ployment. For the school invol- ved, it helps to de- velop and maintain a better relationship with businesses, industry and the community; it provides students with individualized instruct- ion and training to meet their specific needs; and it helps students pre- pare for satisfying and successful employ- ment. If you as a business- man, as an adult or as a student, are interested in assisting in this pro- gramme, then please make an effort to attend a Co-Operative Edu- cation Programme in- formation and awards night, to be held on Thursday, June 7th at 7:00 p.m. in the Home Economics Room (Room 112) at the Terrace Bay High School. Those attending this special meeting will be treated to a slide pre- sentation showing the highlights of the pro- gramme, as well as pro- viding you with a guest speaker, Mr. Gerry Nichols from the Gron Morgan School in Thunder Bay. Gron Morgan School has been involved in the pro- gramme for several years and Mr. Nichols will be able to answer any questions that may arise concerning this programme. The programme will involve no cost to the local businessman, just time for training. Not only will you receive valuable information about the programme and its benefits, you will also be there to pay tribute to the 38 busi- nesses that previously took part in the pro- gramme and watch them receive awards for their efforts. Remember June 7th at 7:00 p.m. It may be a valuable asset to your local business for you to attend. Give a student the opportunity for a chance in life! - Le ee oe ee) ee eae A good investment has just been made even better... Effective June 1, 1984, the rate of return on the last two series of Canada Savings Bonds (S37 issued November 1982 and $38 issued November 1983) has been increased to 10 per 4 1% annum for the 5-month period ending October 31, 1984. This means that bonds of these two series (S37 issued November 1982 and $38 issued November 1983) earn interest at the rate of 9/4% per annum for the 7 months which began November 1, 1983 and 10%4% per annum for the 5 months SERIES 37 AND 38 RATE INCREASE for the 7 months which began November 1, 1983 Both Regular Interest Bonds and Compound Interest rate of return. onds of these two series earn the new As a result, each $1,000 Regular Interest Bond will now pay $96.67 interest on November 1, 1984. In addition to simple interest at the rates stated above, Series 37 Compound Interest Bonds earn compound interest at the rate of 9/4% per annum beginning June 1, 1984. he rate of return payable beginning November 1, 1984 will be announced when the terms of the: new 1984/85 Series are made public in October. and 10%4% per annum for the 5 months beginning June 1, 1984. With this increase, the annual value of a $1,000 Compound Interest Bond of these two series will grow as tabled here. These values are based on minimum rates guaranteed from November 1, 1984 to maturity: 8/2% for Series 37 and 7% for Series 38. Annual Values of a $1,000 Compound Interest Bond Value as of Nov. 1 Series 37 (1982/83) Series 38 (1983/84) 1984 $1,228.27 $1,096.67 1985 1,332.67 1,173.43 1986 1,445.95 1,255.57 1987 1,568.85 1,343.46 1988 1,702.20 1,437.51 1989 1,846.89 1,538.13 1990 _ 1,645.80 ALL OTHER OUTSTANDING SERIES | All other outstanding unmatured series remain unchanged. Bonds of these series continue to earn interest at the rate of 10/2% per annum. CANADA SAVINGS BONDS ..YOU MADE THE RIGHT CHOICE! This rate of 102% is also the minimum rate for subsequent years to maturity. Canada \

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