The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

- - -.- - ------~'--~-~--~.--- -- - I - -. .- -'- v g w Wltby Fr". Pmss, Wednesday, Api ?7.1994, PagO 9 business news 8BIG 816 773#5988 4 * * I 424~ ~ ZW4ty o2Tucksho Real estate company opens new branch office Royal LePage w ID hold an' officiaI opening' on Thursday, April 28 ýat 4:30 p.m. for the company's new branch office at 3000 Garden Street (at Rossand Road) in Whitby. "Given the recent economic climate, I feel it's ver good news for both Royal LePage and the Town of Whitby that we are investing in a large new office in the area," says Johanna Rienstra, RoyalI LePage Whitby .branch 'The real estate market basm imrvd plus the projeted grwhfor the town of Whitby make the timing ideal for eWpasion" RayaILPg e Eodent Colum Bastable, eWhtbymayorTom W1rDernmond White are amnong those expected to attend. officially inyolved in the show, the Iargest in North America. More than 650 trucks, including Rogers' own 1954 GMC truck and 1954 Great Dane trailer -- the oldest of its type still on the road --are expected at the event. 1. Photo by ?Mrk Reesor. Whltby Free rs HRPAD holds s pring conference The Human Resources Professionals Association of Durhamn (HRPAD) are holding the second annual sprintg conference, <Paying our way -, increasing the contribution of the human resources flinction,' today (Wednesday) at the Holiday Inn in Oshawa. The conference is the highlight of Human Resouces Week in Durham Region. Guest speakers are Eugene HIarrigan, director general, Ontario region of Ruman R ".ources Development Canada, Elaine Minacs, president of the Enjoying a tankard cf aie at the Prospect cf Whitby, a centuries-old tavemn on the bank cf the Thames River in London, England, Robin Mason neyer dreanit that he and his friend Patrick Bennett would soon be secking their prospects i Whitby, Ontario. However, Robîn's visit to the tavern two years ago proved to be a foreshadowing. The two lawyers have just epened a law practice in the new Whitby Town Square, located at -the northwest cor nercf Garden Street and Rossland Road. For both men, the choice cf Whitby is as much a personal as a professional decision. After living and practicing law for a tirne in Toronto, rhey want te retumn te their roots, te the kind and size cf commiunity in which they were both raised. Patrick hails from Regina, Saskatchewan; Robin from Kingston. When searching for just the right comrnuni ty, they were immediately attracted te Witby by its unhurried atomnosphere, uts orientation toward family, the warmth cf its people and the familiarity cf its size. Both will raise their fainilies here. Professionally, they wiant te build their practice through word cf mouth. princîpally through a replitar.ion for excellent work and commitment and attention te clients. The primary areas of their practice will be Real Estate, Wills and Estates, Business Law (including Trade Marks), and Family Law. Patrick and Robin met at Queen's University Law Scheol i Kingston while both were working for the student legal aid clinic. Patrick had been working for a car dealership i Toronto prier to law school and before that completed his undergraduate degree in business at Acadia University in Wolfville, Nova Scotia. An avid sportsman, he hepes te jein hockey and basketball leagues i Whitby. Prier te law schoel, Robin worked for five years with The Bank cf Nova Scotia; before that he graduated fromn Trent University in Peterborough. He recently married. Both lawyers are enthusiastic golfers and cottagers. Robin and Patrick hope they van be cf service to the people of Whitby. As availability is a part cf service, they are happy to accommodate evening or Saturday appointments. They invite you te drop in or cali if you have any personal legal needs or questions about the firm. They are delighted to be ncw members of the community and hope te play their part in ensuring its continued health and prosperity. They recognize clcarly, after ail, that their own prospects are only possible because cf the prospects cf Whitby. mA oN & BENTN4TT BARRiSTERS SOLICITORS, TRAL)E ?MARK AGENT Whitby Town Square, 3000 Garden SL, Suite 200, Wbitby 666-4499 (NW corner of Gardn St. and RéssjaMd d) DON ROGERS of Signet Signs and employees Peter Jelecanin, Jim Head, Donna Stewart and Jack Bussingham; volunteered their time to letter this trailer promoting the international antique truck show. Itfs the t irst time Canada has been Notice of Liqu or Licence Applicatio'n The folbwving establishment has applied to the Uiquor Licence Board of Ontario for a liquor licence under the Uquor Uicernc Act: Application for Addftlonai Facilties Hot Rockçs Creative Diner, 728 Anderson Street Pringle Creek Centre, Whitby (outdoor area) Any resident of the municipaIity may make written submission as te whether the issuance cf the licence la in the public interest having regard te the needs and ishes cf the residents. Submissions mnust be received no later than May 27, 1994. Please include your name, address and telephone number. Note: The LLBO gives the applicant details cf any o4ections Submissions te be sent te: Llcenslng and Permits Branch Uiquor LIcence Board of Ontarlo, 55 Lake Shore Blvd. E., Toronto ON M5E 1A4 Fax: (416) 326-0308 ) Ontario Minacs group and 1993 Canadian woman entrepreneur of the year, and Myles Hamrgan, vice- president, human resources of Glaxo Canada mnc. The luncheon speaker, sponsored by TPA Investments, is author and RRSP specialist Gail Kennedy. advortisoment GÏood Prospects Inu Whitby. Your Financial ,Heaidth Derek Dutka Tax deadline quickly approaching The deadline for filin g your 1993 income tax return is quickly aproaching. In this column Id like to give you five ideas on what to do with your refunci, and five ways to reduce your 1994 income tax. 1Py down personal debtu (especially credit card balances). Many personal boans still have interest rates of 10 to 12 per cent. Were else can you invest your money today that wilgaate omk you.that kind ofminterest - after tax? 2. Pay down yormrgg. Even though niortgage rates are at a reasnlelevel, lump sum paLyments go directly on the principal and could reduce the amortization by a nuinher of years. 3. If you don't have one, start an emergency reserve fund. Open up a money mnarket mutual fund or put it into a short- terni deposit s0 you aren't tempted te spend it on non- emergency items. 4. Put the refund money into an RRSP for 1994 now. You will ensure some tax deductions for 1994 and y ou won't be running around looking for money at the end of February in 1995. 5. Invest the money fer a medium- or long-term goal. The best time te start tax planning for 1994 is now. Maybe y ou didn't notice, but the government keeps pecking away at littie tax deductiens. The exemption for dependent children no loner pplis.The $100,000 capital gains exemption is hmsor. Tei t goes on. Here are five ideas for reducng your income tax for 1994. One-third of the year is already gene - hew niuch more will disappear before you take some action? 1. Split inceme: if both husband and wife are working, al investment inceme should be set up so that it is taxed in the hands of the Iewer income earner. Spousal RRSPs are aIse excellent. 2. Invest in Canadian companies or mutual funds that pay dividends. You will stili, be taxed on the income, bi# t he dividend tax credit helps by reducing the rate oftax.-' 3. Only 75 per cent of capital gains are taxed. Further, they are only taxedr when you actually realize the gains. You could defer t he taxes fer years by holding stocks or mutual funds that invest in stocks. (Real estatealso. 4. If you have yon children, consider opening a Regi tered Education Savuings Pln. An alternative would be'to '#gift the money te your chîldren. If you do this it is advisable te invest the money where it will earn capital gains because they are net attributed back te the "giver', but interest and dividends are. 5. Spend some time researching tax shelters. There are a number of investments for which the government gives tax credits or allows a deduction agwinst regular income. Some of these investments can be very risky, so spend some time te find out what is available and whether or not it matches your goals and objectives. Act early on some of the above ideas and y ou will ,be.very happy you did when the government imposed deadline arrives. Drek Dutka is a financial consultant in the Whitby/Oshawa area. ý chuffle, ', ""'