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www.insidehalton.com |OAKVILLE BEAVER |Thursday, June 22, 2017 |16 S in c e1 9 6 7 Interest rates hold risk continued from p.9 Normally, the market will take care of itself, but he said this is not a normal market. "W hy does everyone look to government to solve the problem?" asked Regional Chair Gary Carr. "This is the future of the city," replied Tal. Tal said he' s told developers to put their proposals together and present them to government. "There are two sides of the story," he added. Tal said he does not represent the developers, but has met with them, and indicated they (developers) say they are misrepresented. "They (developers) say you (government) are to blame," he added. Although Canada' s economy is doing well, Tal said low interest rates are supporting growth. A sudden increase in interest rates would bankrupt 25 per cent of people. "If they (interest rates) go up too quickly we will be crushed," said Tal. "As a society, never before have we been at such risk of high interest rates" Carr pointed out any increase in taxes would also hurt homeowners. "If we have big tax increases, we're going to push people out of their homes." Tal said it' s important to create conditions that help people stay in the region and keep this place affordable. That, he added, is the key message. baler's upholstery & design w w w .b a ie r s .c a High quality new upholstered furniture & reupholstery. Make an appointment to come in and see one of the largest designer fabric collections in the area. CALL uS FoR AN APPoiNTMENT Sofas · Chairs · Headboards · Throw Pillows · Drapery & Hardware 11-2345 Wyecroft Road,Oakville · 905.616.3156 · info@baiers.ca f The Latest In Hearing Technology World's Smallest Hearing Aid The MOXI Now SPECIAL: 50%OFF Per Pair D o y o u T a ke fe e l c o n n e c te d a s h o rt s u rv e y to y o u r c o m m u n ity ? le t u s k n o w . a n d 1 1 3 JO N E S ST R EET , OAKVILLE, ON · 9 0 5 - 8 2 7 - 2 9 0 2 Participants can win an iPad Mini! C U S T O M E R FRI. & S A T., JUNE 23-24 A P P R E C IA T IO N T T w I B It V lV ) P « //o f f l a & m ore! Enter at W W W .b e lo n g in g m a t t e r S .C a until June 30th. Questions? Contact Sarah McPherson at sarah@theocf.org or 905-844-3562 ext. 302 oakvilje foundation com m unity in -s to re ! on almosFEVERYTHING in the store! Follow us on Facebook and Twitter! www.fabricland.ca MISSISSAUGA: 3015 WINSTON CHURCHILL BLVD.(N.w. side@ Dundas)905-828-9966 BURLINGTON: 3515 FAIRVIEW ST. 905-639-2516