Ontario Community Newspapers

Oakville Beaver, 5 Oct 1994, p. 3

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The Oakville Optimist Club saw ie completion of their biggest proâ€" ct to date, when the Halton Police ‘hildren‘s Safety Village was reâ€" pened, last Friday, after two 1onths of repairs and renovations. sponsors, who attended the eâ€"opening ceremony at Halton olice Headquarters, presented the )ptimists with cheques and conâ€" ratulated them and the Halton olice for their work. _ While some of the buildings just eeded renovating, others had to be aken down completely and entirely »built. _ Although the Oakville Optimists pearheaded the $150,000 fundraisâ€" effort, all of the Optimist Clubs n Halton and numerous corporate ponsors contributed money materiâ€" Is and labor. Students from the )ntario Masonry Training Centre "elped lay the brick work in the vilâ€" ace. The Safety Village â€" a 1.5 miniaâ€" (ire village, complete with computâ€" râ€"operated traffic lights, a railway rossing with gates that come lown, numerous stores, a jail, ‘hurch, and gas station â€" was pened in 1987 to teach the chilâ€" Iren of Halton traffic safety. Driginally built to instruct 4,000 ‘hildren annually, the village now ees up to 18,000 children each Throughout the school year, 'hree classes of children pass hrough the village each day. "ollowing a session in the classâ€" oom, students enjoy a practical ession on the miniature roads. <indergarten students walk through ‘he streets, learning pedestrian safeâ€" y, Grade 2 students drive batteryâ€" >perated cars around the village, ind Grade 3 students ride bicycles. "It gives the kids a handsâ€"on ‘xperience," said Constable Jim Dickinson, who has been teaching it the village for the last six years. ‘It‘s their place. Everythmg is ‘caled down to their size‘ _ The bookmobile service on Monday will also be closed for the Thanksgiving holiday. "Repairing the Village turned ut to be a bigger job than we hought," said Optimist member Aac McDonald. "All the buildings ad to be redone. They were all rotâ€" n because the roofs had leaked." ctober 5, 1994 y KATY CLARK necial to the Beaver The students, who visit the vilâ€" age this year, will not only enjoy he newly refinished buildings, hey will also benefit from some mew additions. The Optimists have puilt a bigger classroom, put tlained glass windows in the and a sponsor has donated a school bus. The Oakville Public Library will he closing all of its branches on sunday and Monday for the Thanksgiving holiday. _ The closure affects the Central, Glen Abbey, White Oaks and Woodside branches of the library. In addition, the library computer ystem will be shut down until Friday while it undergoes a softâ€" ware upgrade. The shutdown also include the ibrary‘s Dialâ€"Up modem access ine (842â€"7483). afety Village eâ€"opens hanks to )ptimists "The bus is hooked up electriâ€" ally, so all I have to do is hit the A unted Wy ibrary closing for unday Monday You can always talk to us Call anytime. We‘re in your corner. In Oakville and area call DISTRESS @ENTRE Smiles were the order of the day last week when the Halton Police Children‘s Safety Village reâ€"opened after extensive repairs. Looking on were coâ€"op students Carroll Thorpe, Michelle Langlois, Kenneth Simpson, Leah Corbett and in the back, Const. Jim Dickinson. (Photo by Peter McCusker) switch and the lights will come on _ cially reâ€"opened on Friday, the first flashing," said Dickinson. classes of children arrived a week Althoush the villace was offiâ€" â€" earlier. The Value of Coupon Investing oupons can provide outstanding value for any financial plan. Whether you‘re investing for retirement or a child‘s education, Coupons give you the control and the safety you need to plan your future. Simply invest a small amount today and let it compound at a high, guaranteed rate until maturity. With Coupons, there is no need to forecast future interest rates; at the time of purchase you know exactly what your investment will be worth at maturity. Coupons are created by a simple process: ScotiaMcLeod purchases a large block of Government of Canada or Provincial Government bonds. Each interest coupon, representing a single semiâ€"annual interest payment, is stripped from the regular bond. The detached Coupons are then offered for sale individually. Unlike GICs or Term Deposits which pay you interest on top of your initial investment, Coupons are sold to you at a discount to their maturity value. The amount of the discount determines the yield on your initial investment. For example, a Coupon maturing at $10,000 in 14 years will be discounted to cost you (depending on â€"current yields) approximately $2,131.80 today. The maturity value of a Coupon is the sum of the original capital invested and the interest earned. The compounding yield on your Coupon provides a builtâ€"in reinvestment rate. Because you do not receive regular interest payments while holding a Coupon, you are protected against falling interest rates and you are not faced with HPGIH ScotiaMIcLeod Building Relationships For Life THE OAKVILLE BEAVER Hongkong Bank of Canada is the only bank that offers you the flexible 20/20 Mortgage, which lets you accelerate your payments by up to 20% or pay off 20% of your original balance on the anniversary date of your mortgage. Drive away with one of our 20/20 Mortgages no later than Nov. 10, 1994 and you‘re automatically entered to win a 1995 Volvo 960. from the problem of reinvesting small interest payments at lower rates. Although Coupons attract interest during their term, none is paid out before maturity. Both the principal and all the interest earned is continually compounding. In fact you earn interest on interest, so all your money is working for you all the time. The combined effects of an attractive yield, plus the power of compounding, make your investment far more attractive than other interestâ€"paying vehicles. Coupons are derived from longâ€"term bonds issued or guaranteed by either the Government of Canada or a Provincial Government. This Government guarantee provides you with the highest degree of safety. ScotiaMcLeod will bid according to prevailing rates and buy back any Coupons that we have previously Allen Smith _ OoaBistro Snow Crab, Sea Scallops Jumbo Shrimp, Mussels 8. Chicken Saffron Rice 51595 51295 SPANISH PAELLA Mark Appleby THIS WEEK‘S SPECIALS sold to you. Thus, your investment has secondary market liquidity. With the wide range of maturities available, Coupons can be used as a short or a longâ€"term investment. Coupons are particularly suited to Retirement Savings Plans (RSPs) or Retirement Income Funds (RIFs). First, you benefit from a high return sheltered from tax within your RSP or RIF. Second, you know the exact maturity value of each coupon, so you can conveniently hold a series of staggered maturities in your RSP or RIF to provide the funds needed for annual withdrawals. To make Coupons a part of your investment plan, we suggest you consult Allen Smith or Mark Appleby at ScotiaMcLeod. They will advise you of available rates and maturities, and will discuss with you the merits of including Coupons in your investment plan. WRAPPED FILET MIGNON ScotiaMcLeod is located at 700 Kerr Street in Oakville. Panfried with Shallots RAINBOW TROUT White Wine firms

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