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NOTICE NOTICE OF THE PASSING OF AN INTERIM CONTROL BY-LAW BY THE COUNCIL OF THE CORPORATION OF THE CITY OF WATERLOO TAKE NOTICE THAT THE CORPORATION OF THE CITY OF WATERLOO PASSED BY-LAW NO. 2017-012, ON THE 6TH DAY OF FEBRUARY, 2017, UNDER SECTION 38 OF THE PLANNING ACT, R.S.O., 1990. AND TAKE NOTICE that any person or agency may appeal to the Ontario Municipal Board in respect of the by-law by filing with the Clerk of the Corporation of the City of Waterloo not later than the 7th day of April, 2017, a notice of appeal setting out the objection to the by-law and the reasons in support of the objection, accompanied by a fee of $300.00, made payable to the Minister of Finance, as prescribed under the Ontario Municipal Board Act. If you wish to appeal to the Ontario Municipal Board, a copy of an appeal form is available from the Ontario Municipal Board website at www.omb.gov.on.ca ATTACHED TO THIS NOTICE is an explanation of its purpose and effect of the by-law as well as a key map showing the subject area to which the by-law applies. DATED at the City of Waterloo this 2nd day of March, 2017. Olga Smith, City Clerk NOTE: Only individuals, corporations and public bodies may appeal a Zoning By-law to the Ontario Municipal Board. A Notice of Appeal may not be filed by an unincorporated association or group. However, a Notice of Appeal may be filed in the name of an individual who is a member of the association or the group. EXPLANATORY NOTE By-law No.2017-012 establishes and declares an interim control area in the area identified on Schedule"A" to the by-law.The purpose of the by-law is to prohibit the subdividing of land and any planning applications that would facilitate the subdividing of land for the period that the area is under interim control. By-law 2017-012 is in force and effect for a period of one year from the date of passage. Waterloo City Council has the authority to extend the period, during which the by-law will be in force and effect, for one additional year. If you require further information or have any questions please contact the City of Waterloo Integrated Planning & Public Works Department at 519-747-8649. Adam Lauder, Policy Planner, City of Waterloo adam.lauder@waterloo.ca P. 519.886.1550 TTY. 1.866.786.3941 waterloo.ca/publicnotices 16 • WATERLOO CHRONICLE • THURSDAY, MARCH 2, 2017 BUSINESS In our country, the Bank of Canada (BoC) sets the benchmark interest rate and raises or lowers it to steady or stimulate the Cana- dian economy and avoid infl a- tion. Although our economy has strengthened over the past few months, and moderate growth is expected to continue, the bank has opted to keep its benchmark interest rate low. Interest rates have a wide impact on the economy and a direct impact on your invest- ments -- and on your invest- ment choices. Lowering and low interest rates Make it possible to borrow money at extremely attractive interest rates with the federal monetary objective of stimu- lating the economy by making more money easily available for purchases and investing. Means money in savings accounts earns very low inter- est, which motivates investors to look elsewhere for better returns. Make conservative income- producing securities -- Guar- anteed Investment Certifi cates and direct investment in bonds -- more attractive because the rate of interest may be higher and is locked-in for the duration of the investment. Rising and higher interest rates Generally reduces the amount of money in circulation which helps to keep inflation low. Make borrowing money more expensive and thus increases expenses for com- panies, which can lower stock prices (although interest rates are just one of many interrelat- ed factors that aff ect stock valu- ations) and for consumers who are spending more to service debt. Conservative income-pro- ducing securities with locked- in interest rates lose value. Although as fixed-rate invest- ments mature, the proceeds can be reinvested at higher rates and higher bond rates tend to sway investors toward bonds (and other "low-risk" invest- ments) and away from stocks. It's inevitable: interest rates will rise and fall, markets will experience periods of volatil- ity, the economy will grow and contract. And while all of these factors will infl uence your investment choices, the key to your long-term investment success is -- and always will be -- maintaining a properly diversified portfolio guided by an asset allocation strategy that aligns with your tolerance for risk and is designed to achieve your investment goals. Talk to your professional adviser about how to do just that within an overall fi nancial plan tailored to you. ••• � is column is provided by McEachnie Group Private Wealth Management. Contact Russ McEachnie, CFP,CPCA, CDFA, RRC, principal, at 886-2360, ext. 6241 or go to russmceachnie.com. � e impact that � uctuating interest rates can have on your investments RUSS McEACHNIE MAKIN' MONEY A e r y o n L a b s I n c . , announced Friday that the Aeryon SkyRanger sUAS suc- cessfully completed the first Beyond Visual Line of Sight fl ight in Canada. The SkyRanger was cho- sen by Ventus Geospatial Inc. and Canadian Unmanned Inc., as the VTOL sUAS fl own for Beyond Visual Line of Sight testing and evaluation throughout the trials at the Foremost UAS Range. These flight trials, among few BVLOS trials worldwide, are a milestone for aviation, establishing safe operational procedures and protocols for operating UAS under 25 kg beyond line of sight. Th is inau- gural flight creates the foun- dation for how sUAS opera- tors can legally and safely fly within Canada and across the globe. Civil and commercial applications, including public safety, power line and pipe- line inspection, and large area mapping, will be more feasible and more cost-eff ective since a larger area can be covered in a single fl ight without the pilot adjusting location to keep the sUAS within sight. SkyRanger is standardizing flight systems for both land and maritime environments with thousands of hours of fl ight time and successful cus- tomer missions around the world. Aeryon Labs goes beyond line of sight Friendly Professional Team... where your total health is our goal! • Free Blood Glucose Monitor & Teaching • Free Blood Pressure Check • Compounding hours: Mon.-Fri. 9am-7pm • Sat. 9am-4pm 519-747-0320 373 Bridge St. Waterloo www.thpharmacy.com