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Vice President, Financial Advisor (519) 888â€"6688 Some of you will note that I personally believe and have said so before that my own utility is enhanced by having the smaller govâ€" ernment as primary rather than the bigger government. I have used the example of hats before because it is so vivid â€" if the fedâ€" eral government decides to legislate that we should all wear beaver hats, I have no option but to wear a beaver hat, no matter how much I hate it. My only option then is to leave the country. Howâ€" ever, if it is a provincial responsibility to legislate hats, I could end up wearing a 10â€"gallon hat or a Blue Jays cap or a Stetson and not have to leave the country but just move within it. That permits me to maximize my utility while staying in Canada. I surmise that Quebec would be more willing to stay if it is given independence on a number of issues but still remains part of the whole for defence and foreign relations. Now, if there is a further reason to look to the state or provincial Quebec itself, whether it has been under Liberal or PQ premiers, has built up an excellent strategy to modernize and to focus investâ€" ment strategy. The Caisse de Depot has taken government pension funds and has invested those funds wisely and according to Dr. Courchene at Queen‘s University, will soon be able to fiscally afford to be separate because of the strong financial clout it has through this vehicle. It must also be praised for adopting an integrated GST and PST, the only province to have the foresight to do that. Further, let‘s look at fiscal responsibility. Alberta has done much to be fiscally responsible during the Manning, Lougheed and Klein years (unfortunately the latter Lougheed and Getty years were less than stellar). Saskatchewan has had a checkered history as well but has been a leader in many ways. In 1995, the Saskatchewan government has been balancing its budget by increasing taxes and cutting expenditures. New Brunswick has a premier in Frank McKenna who is bright, responsible and is working feverishly to attract new business to his province. He has dealt with welfare in imaginative ways and is doing much to make that province lose the role it has played for many years as a haveâ€"not province. Let me first make the case garnered from personal experience, as a participant in or consultant to two different federalâ€"provincial negotiations. In both instances, it was my reading that the provinces had the upper hand in terms of the quality of civil serâ€" vants involved. I participated in the tax structure negotiations back in the 1960s (as a federal employee with Statistics Canada) and then as a consultant to the Ministers of Resources on a forestry contract around 1980 so the situations were quite different, sepaâ€" rated by time and topic and role. Yet, in both instances, Quebec sent topâ€"notch people. Ontario, Alberta and Saskatchewan were all extremely wellâ€"represented. The federal representatives in these instances looked weak and unable to logically develop arguments. Now of course, there were provinces which were even weaker than the federal government but I would put my trust in some of the provinces first if my life depended on it. I know there are groups of people, including many of my recent students, who do not trust what is happening at the provincial level and would rather have the federal government with primacy. This includes the Native Peoples and the National Action Committee on the Status of Women. However, evidence suggests that indeed givâ€" ing more authority to the provinces would be an excellent move. Business The federal governments of both the United States (Congresâ€" sional Republicans) and Canada (Federal Budget) seem to be willâ€" ing to give more authority to the provincial or state governments. More power to the provinces Many investors are confused. It appears befuddling when one mutual fund has a down year and another has a good year when both are classified as Canadian equity funds. This is often explained by the fund managers investing with different styles, growth vs. value, or in different types of companies, smallâ€"caps vs. blueâ€"chips. At one time or another each may have its year as the top performer. By combining the talents of fund managers who have distinct and complementary investment styles, an Do you have a question about investing your money wisely? Wrie 10 Brign Vickers clo Waserioo Chronicle, 75 King S( S It figures Douglas McCready A weekly series from Brian Vickers, Midland Walwyn. (Continued on page 14) The third annual Corporate Volunteer Awards, recâ€" ognizing Waterloo Region employers who initiate workplace programs to encourage their employees to get involved in the community as volunteers, is drawâ€" ing near. A new store will soon open in Waterloo for those possessing a sweet tooth. Carol‘s Chocolate and Gifts, 22 King St. will open on March 13. Individuals or a company can submit nominations. For nomination forms call the Volunteer Action Cenâ€" tre at 742â€"8610. Deadline is March 15. Jane Bond Cafe, located at 005 Princess St. in Waterloo, opened for business on March 3. Jane Bond Cafe is owned by Kate Busse and Bernard Keapney. Seating capacity is 35, and can be increased to 45 during summertime with outdoor cafe hours. Deadline nears for Corporate Volunteer Awards nominations How sweet it is The cafe is at the location of the former Acid Sweetâ€" ness Cafe, across from the Princess Theatre. The video legacies reflect one of three themes: ancestral, to remember past generations: lifetime, sharing lifetime experiences; special purpose, a video in which a person continues to add information as his or her life unfolds. New cafe opens Henry has spent the past 18 months developing the Legacies concept, and he says there‘s nothing else in the marketplace exactly like it. He hopes to have a coastâ€"toâ€" coast franchise network in place by next December. coast franchise network in _ Alistair Henry of Legacies Inc. in Waterioo place by next December. is hoping to franchise his business The service takes the form â€" across Canada by 1996. of a professionally conducted, recorded and edited videotaped interview of a senior experiences for the family member â€" usually a parent or a grandparent. â€" may last several hou Henry hopes that it will become a family heirloom. into a 70â€"minute ta "Stories get passed down from family to family, someâ€" times they get lost. Legacies is set up to preserve those stoâ€" ries," said Henry. Legacies Inc., Henry‘s new business, creates video and audio libraries for families wishing to preserve their herâ€" itage for future generations. aterloo businessman WAlistair Henry is on the brink of launchâ€" ing a new product that could, through the course of time, become as treasured a family heirloom as jewels, antique furniture, and priceless art. Peter Cudhea Chronicle Staff Tid Biz Videos and memories Legacies preserves your family heritage The store, owned by Carol Mills, specializes in :1’2:0?- »“t:l’:'bcnlt.. + we + investor may experience more consistent longâ€"term returns with less risk, Our Comprehensive Asset Management Program: COMPASS is a strategic asset allocation program that blends different types of mutual funds in a portfolio that suits your risk tolerance and your investment objectives. If you would like an information package on COMPASS or your own personal COMPASS Investor Profile, just give me a call. Naturally, there is no cost or obligation. a| ~ Box 1000, Waerioo, Onaanio NZ] 197 of Midiand Walwyn Capitai inc y WATERLOO CHRONICLE, WEDNESDAY MARCH 8 1995 PAGE 13 "Fears about the economy hitting the wall becaus the feds failed to deliver strong medicine in their bus get have been allayed," said Dregel. "This will h« motivate those who have been waiting on the sid« lines to take advantage of other favorable market cor ditions." Some of those conditions include excellent pmoduct selection as listings continue to increase: workable mortgage rates and strong competition by lenders that is working in the favor of borrowers. and a buy ers market with low prices. Last month a total of 227 residential properties sold in Waterloo region were at an average price of $138,667, down 41 per cent from the same perod last Despite sluggish home sales in Februar . M Diegel, president of the Kâ€"W Real Estate Board that the federal budget and other market factor to increased sales activity this spring According to Diegel, the budget has helpec n consumer confidence in the econorpy in time for tionally strong spring selling season chocolate and gift baskets and will al> orders. For more information call S86â€"5@ Real estate market poised for a rebound experiences for the interview. While the interview may last several hours, the matemal is then edited into a 70â€"minute tape, complete with background music Henry added that once tape storage is avilable on CDâ€"ROM, the master tapes can be transferred to this storage medium and stored indefinitely without qualâ€" ity loss. Henry can be reached by calling > 1412 [PAUL HUNTLEY For sound ELVE C MIDLAND WALWYN 20 Erb St. W., Suite 100 _Waterioo 884â€"8400 256 King Street North, Suite 400 Waterioo, Ontario N2J 4V2 !* BLUE CHIP THINKING is a trademark â€" not a teller! 2l "Many times people ta videos at weddings. but th just captures one moment person‘s life We hop through their stomes. that lifetime will be captured wi our service " To prepare for the Legacies video, Henry gives each cus tomer a customâ€"designed questionnaire for them t« complete. identifying special moments and events in his or her life. The questionnaire takes between one and two weeks to complete and Henry urges his customers to be thorough Henry then takes the com pleted form and tailors approximately 80 questions around the person‘s lifetime "The idea of this business came to me in a dream All 1 have of my parents is a photoâ€" graph." said Henry. who left home at the age of 19 "But a photograph can‘t capture the personality. voice and even that special sparkle in their eves ow ty sale 6 Associated Financial oo LARRY 0 HAGAN frad take ud it