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www.oakvillebeaver.com The Oakville Beaver Weekend, Saturday November 3, 2007 - 7 Trust fund betrayal CAS story was shameful Shame on you for your attempt to make our community paper into a Paparazzi-filled tabloid. Your front-page article about the CAS worker (Oakville Beaver, Oct. 26) that accidentally left the files of several families behind at a client's home strips us of the right we all have to be human. It was obviously a simple human error that resulted in him/her leaving files behind in a client's home. What is especially wrong is the family upon whose table the files were left claiming ownership of the other private files. If the family truly cared about the welfare of the people within those documents, they would file their grievance with CAS and not with the media. Shame on you and that family for not forgiving one human error and doing what is right. You and the family you profiled have now violated the confidentiality of the files that you are complaining have lost their privacy and dignity. No one wanted this to happen, and you have exploited this situation into front page news. BOB AND VAL SOUTH Continued from page 6 Private sector analysis of the alleged tax leakage also indicated that the government is simply making it up. BMO Capital Markets analyzed all 126 companies that converted to income trusts since 2001 and found that the conversions increased tax revenue by over $800 million. This is based on actual data rather than on 18 pages of calculations which the Department of Finance blacked out entirely before releasing. The government needs to prove its case or drop the tax. The Conservatives continue to say that Trusts have rebounded since they shed $25 billion of investor's wealth but there is actually no evidence to support this. The growth that the trust index has experienced since it shed 12 per cent of its value on Nov. 1, 2006 is merely in line with growth in the rest of the stock market at that time. As Laurence Booth, a finance professor at the Rotman School of Business, put it, "This is a permanent destruction of value for income trusts and limited partnerships, so that's a permanent loss of wealth. That money's gone." The only way that Canadians will see their lost wealth returned to them is by implementing the Liberal's income trust plan. We have proposed a 10 per cent tax on income trusts. We would continue the moratorium on new income trusts. Tax experts at the Finance Committee testified that this moderate approach would restore as much as two-thirds of the value that investors lost on November 1, 2006. Harper is good at games. I just wish he were half as talented at his real job, helping build a better Canada. Pud By Steve Nease snease@haltonsearch.com SPACE AGE SHELVING The Storage Specialists In Home Consultation Apa me s Ap rtments par men Hom Offi es Home O fice ome fi Pant y Pa try at Garag Garage ra Laundry La nd y a C set Clos ts & Mirror Doors t Mr Mi ror 3350 Fairview Street between Walkers & Guelph Line 905-333-1322 2555 Erin Centre Mississauga 905-542-0353 To learn more about Rotary in Oakville and beyond visit our website: www.oakvillerotary.org www.spaceageshelvingburlington.com www.spaceageshelving.ca St. Mildred's-Lightbourn School Annual Traditions of Christmas Sat. November 17th from 9:30 -3:00 Cra ers Bake Sale Ivy Tea Room Kris Kringle Store Story Time with Santa Sr. Students Art Gallery Rudolph's Reindeer Games Photo with Santa & Grinch Ra e & Draw Admission: $4.00 (Children under 12 free) Location: 1080 Linbrook Road, Oakville in the Studio Theatre at Oakville Trafalgar High School 1460 Devon Road (Maple Grove and Devon) Join us for future OTHS Council events: · Strategies for Raising Resilient and Family Friendly Teens ­ Mary Tabak (RN - Halton Department of Health) Thursday, January 24, 2008 · Stress Management for Teens and Their Families ­ Dr. David Posen (MD, author, speaker) Thursday April 3, 2008 Present this ad and save $1 at the door Sponsored by: SMLS Parent Association