Ontario Community Newspapers

Oakville Beaver, 8 Feb 2018, p. 67

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Law yer says measures are subjective NEWS • C o n t in u e d f r o m p a g e 3 Save Glen Abbey Coalition also spoke. "Conservation em­ bodies the idea of preserva­ tion and protection of a valuable resource. With­ out a doubt, unless you work for ClubLink, it is clear Glen Abbey is one of Oakville's most valuable resources," said Damoff. "It is the bedrock on which an entire communi­ ty north of the QEW was built. An iconic landmark recognized by all of Cana­ da as being synonymous with Oakville and certain­ ly worthy of protection. The Conservation Plan for Glen Abbey in my opinion strikes the right cord be­ tween balancing the pro­ tection of what makes Glen Abbey special with the op­ erations that would be re­ quired in order for Clu- bLink to run one of Cana­ da's most successful golf courses." Not everyone present was happy with the protec- tion measures. ClubLink lawyer Mark Flowers spoke repeatedly during the meeting attack­ ing the measures as vague and subjective. He argued the measures would cause problems with the operation of the golf course noting the new rules would prohibit Clu- bLink from building some­ thing as simple as a new washroom or an antenna at Glen Abbey. Flowers also said the protection measures would add a new and un­ necessary level of bureau­ cracy for ClubLink to get through if they even want­ ed to make a minor change to permit the operation of the golf course. He said getting approval for such minor changes could take months. "As long as the property is subject to the recently enacted heritage designa­ tion bylaw that you passed Dec. 20 any alteration of the property that would be likely to affect the heritage attributes would require the consent of this council . Thus there is no need to prohibit new buildings and structures or additions in the zoning bylaw," said Flowers. The National Golf Course Owners Associa­ tion of Canada (NGCOA) also voiced concerns about the protection measures noting they could be prece­ dent setting. Jeff Calderwood, presi­ dent and CEO of the NGCOA, said any attempt by a municipality to regu­ late a golf course to this de­ gree is concerning as mu­ nicipal staff rarely, if ever, have any expertise in golf course management or op­ eration. Oakville Chamber of Commerce president John Sawyer called for a more extensive consultation process before the passing of the measures and voiced concerns surrounding in­ creased powers of inspec­ tion and municipal en­ forcement. Nominate your newspaper carrier for Carrier of the Year Simply email your carriers name (if you know it) and your address with a brief note letting us know why you think your carrier should be "Carrier of the Year". Also include which newspaper you receive: □ Burlington Post □ Flamborough Review □ Milton Champion □ Oakville Beaver Deadline for nomination is March 31,2018 Email to: efaught@burlingtonpost.com 6 Habits You Need To Successfully Invest For R etirem ent There's no doubt that investing is part of our job now. Canadians need higher returns that come from investing to fund their home, their kids education, help their parents and retire well. There are some key habits that anyone can develop in order to be a successful investor. However, succeeding as an investor is not necessarily about building a mountain of money -- it's about building wealth on your terms to meet your goals. R e c o g n iz e y o u r stren g th s: The successful people put their time to where it serves them best. For most of us, that doesn't mean investing. If you're a writer, write. If you're a manager, manage. If you're a driver, drive. You'll make far more money doing what you do well and outsourcing the investment side to a professional. B e h u m b le a b o u t e v e ry th in g else: Even the most experienced and successful investors play the long game because beating the market is extremely difficult, almost impossible. Even on a single stock trade, an amateur investor is placing a bet, usually against a professional investor. You're betting that the stock will go up, and the person on the other side is betting it will go down. That's fine if you're the gambling type. But successful people recognize that they can't consistently win that game. Nobody can. K n o w w h o 's w o rk in g fo r w h o m : Successful investors are usually tough when it comes to having their money managed. They set clear expectations and boundaries, and expect to pay a fair price for good service. They don't put up with tone-deaf or condescending financial advisors, and they don't sit around swallowing big mutual fund fees. D e la y g ra tific a tio n : It's basic, but true. Of course we'd all like to spend all the dollars flowing in as soon as they hit our accounts. Successful investors understand that they need to make their current selves happy -- but also their future selves. B e o p en to n e w te c h n o lo g y : Don't be afraid to consider and adopt new technology. Successful investors pay their future selves first by automating their saving and investing. People who are comfortable with technology have a big advantage when it comes to building wealth. D e fin e y o u r o w n su ccess: Knowing yourself as an investor and defining your goals is crucial. The most successful investors aren't on a mission to save as much as they can. They're on a mission to meet their own specific objectives, which means spending a lot of time in the beginning and defining (and redefining) their goals along the way. For more personal finance tips, sign-up for our free Nest Wealth newsletter: learn.nestwealth.com/newsletter j N est W ealth si| O akville B eaver | Thursday, February 8, 2018 insidehalton.com mailto:efaught@burlingtonpost.com efaught@burlingtonpost.com 6 Habits You Need To Successfully Invest For Retirement Be humble about everything else: Know who's working for whom: Delay gratification: Be open to new technology: Define your own success:

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