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Afou ond Choose from Redwood, Wainut, Homestead or Oxford Brown. _ _ _ _ EXTERIOR ULTIMATE WATER REPELLENT WOOD STAIN 50** WATERLOO SQUARE CONESTOGA MALL aaafgmn1 886â€"2789 PAINT & STAIN SALE ALL EXTERIOR PAINT ON SALE Andersen is President of Andersen Economâ€" ic Research Ltd., a Toronto based economic consulting firm which provides economic forecasts to corporate and financial clients. The Valhalla Companies Limited sponsored the conference in order to stimulate an awareness amongst Valhalla‘s senior personâ€" nel and the Company‘s corporate clients of the Available in over 1,000 Colors From Speaking to over 300 senior executives at a series of economic conferences held at the Valhaila Inns at Thunder Bay, Toronto and Kitchener, Dr. Peter Andersen has predicted a new upward trend in interest rates. ‘‘The interest rate lows for the current cycie are now behind us‘ according to Andersen. "A significantly higher than today .‘ All are easy to hang, preâ€"pasted, scrubbable * Off Book Price The Paint and Paper People in Waterioo Economic researcher predicts upward swing in interest rate levels Dr. Peter Anderson AVAIADLE AT â€" 2 WATERLOO LOCATIOMS OFF SALE 1 6°° StClair EXTERIOR BUY ONLY WHAT YOU NEED. WE CUT SINGLE ROLLS AND GLADLY ACCEPT RETURNS & PANACHE® ° WALL COVERINGS $1 995 Commercial construction is however exâ€" pected to buck the expected downâ€"trend in new home construction. Andersen predicted strong advances in commercial construction in Onâ€" tario in both 1987 and 1988. A new upward trend in interest rates will soon begin to deflate the housing market, especially in Toronto. "The Toronto real estate market may already have peaked," Andersen speculated. Andersen emphasized the impact that curâ€" rency reâ€"alignment is having on the U.S. economy. He also pointed out that the U.S. Federal Reserve Board has laid down a thick carpet of financial liquidity which will show up eventually in a combination of more growth and higher inflation. ‘"‘The consumer will also perform better than generally expected. Exports will provide the jobs and additional income to fuel retail sales. Demographics are also a strong positive factor for consumer markets." issues currently at fl-;xln interpreting the economic outlook. â€"Despite this turnâ€"around in ‘interest rates, Andersen does not expect a recession either this year or in 1988. In fact, ‘he predicted a strong acceleration in economic growth in both Canada and the U.S. from 1987 into 1988. ‘‘In Canada, growth in 1988 will be much stronger than people now expect. Real growth will move from around 2 per cent this year to over 4 percent in 1988. World oil prices, said Andersen, are now headed back up again. "By early 1988 a world price in the $22 to $24 (U.S.) per barrel range is quite possible. Stronger economic growth and higher inflation spell higher interest rates." **‘Canadian exports are expected to play a key role in the expected economic recovery. The rebound in the U.S. economy will surprise economists this year." s/r W Meadow «: ROSES HOURS: Mop.â€"Fri., 0â€"8; Sat., 96 634â€"5479 FUCHSIA BASKETS L M th