Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 9 Jan 1991, p. 22

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PAGE At4 _ WHERE» ME. WV. WY 9. "m A bit grimy. eh? And although Corey wuuidnipay my money from her own pocket, she would have to unify and go through the whole um show again. _ - _ Why" on earth vould any sensitive corporation put this poor woman through such a thing (or I men 3259(1)? _ _ It's silly, lo/U bad on the Allstate - and all insurers for that matter - sud appears like a move to go after the last drop of blood, "Allstate insured the Corey apartment. It paid out $26,000 for rrredasruqreanduanowltumehedt_uitagainatcomrand her insurer, Economical Mutual, to we: the annoy. Forget T.V. in LA... Did you hear that federal judges in Los Angeles have said "No" to a pilot program that would allow news cameras mm federal coyrtrooemrthit! year? -- _ That's been a topic that's been up for diiacuasion in Canada yer after year without resolution. - _ -.- -- HereareafewoddaandendaasweentertheNewYear Allstate's Woes: Thank heavens that the giant US.-hued Allstate Insurance Company finally decided to cell it quits in its effort to get some money out of that Kitchener woman whose daughter was murdered. Do you remember the use? It was the one where Mary Corey's ISyearold daughter, Heather, was raped and murdered by Murray Gavan who then set fire to her body and Corey's apartment in 1967. _ You may" think that camera: are already in US. courts especially sutee you often see film clips of trials on US. news stations. Well. 'ne thing seems to have settled out. It looks like Allstate has come to in anneal One ofthe company's people aid late last week that the matter had been "settled" with Eexmomieal Mutual who said they weren't paying any money. My guess is that Allstate - GvinftaUn my}: flak in the press - decided to drop the whole lawsuit quietly. End of matter, Bravo -.r_ Any other decision would have been plain stupid. But that's only in state courts. They're lower level courts - the US. federal courts hear the "big" Gang. -- - A three-year pilot program was approved in September at. a national judicial conference which was looking for volunteers. The Loo Angelou judges didn't think it was a good idea because they feared security problems and figured that a defendant's right to a fair trial would Pthattly be harmed. Good idea. itnll likely put an end to dime whis want to do that m this country - and what better precedent than one coming from Television City, USA. More divorcee: We might be in a receeeion but those lawyers who do a lot of divorce work are whistling dixie. That's because the Canadian divorce rate in the past few years has shot way up. The latest rtgures - those for 1987 - show there were 477 dnvorcee for every 1,000 weddings In the us. 485 couples divorced for every 1,000 who got menial That's a big change from just seven year! earlier when there wen325divomeefor1,000marria¢aain0anadaoomparedto "7per1,000intulhtitei8tae, _ It's Interesting. And youll probably at why. All the experts ieansayisthatit'sbeeauaesdivorusorelseeomingeasierto obtain all the time. Although these figures don't look good for the future of family life, divorce lawyers are secretly cheering. Odds and ends J. Frederick Sngelia a Kitchener lawyer who lives in Waterloo. WHELIW gm! 5ivd grryatdearoftrtuntiontytdpr.sdie- itions and outcomes have been debated endlessly. While some 'fre optimistic about the tax, the €mnsensus on the Non is turn hit businesses Uni. Kathryn uthos, manager of the Uptown Waterloo Business Improvement Area (BIA), says that despite the predicitione of doom and gloom, some businesses weren't prepared, _ __ - with falling pmtit margins, high interest rates and low consumer interest but they now must deal with the federal government’s controversial goods and services new you under their belts, the lamina! community is being faced with a new problem and is coming to terms with an old one that, unfmnngtely! didnjt fade any with the but days of 1990. The economic reunion. and all its impiientiorts,haaroll-dbur in: into 1991 Ind economic experts say its likely to last throughout the year. But busi- mserhaawhethmsdtUtimtpart oftlteatorm,withalltUhnse and attention from the media, andhuhadachancetojudgeiu etfixta. But now another factor has been worked intotheequatitm. Not only are business: (any! KWW "There was a lot of talk about the mien before we actually began to feel it in the summer, it was really built up. While nobody really wants to say how badly they're suffering, I think some people didn't anticipate it being as rough as it was." Gary Boudreau, regional man- I 110 " A taxing situation The Waterloo Chamber of Commerce in present- ing its 2nd annual ski trip to Ellioottville, New Tork, Frisky. Feb: I. The event is sponsored by Riordan: Ski and Sports. Departure time from Waterloo in 6:45 am. with arriul time in Ellicottville scheduled for 10 an. Skiingwill commence until 4:30 pan. with dinner to follow at6pan. Departuretimefrom New York will be baboon &80 and th30 pm. cet fogthia day trip is $79fot Chamber members Chamber to host New York ski trip and $89 foe non-Mina, which includes transpor- tation on Mm coach. Ai page and dinner. For my information contact Nora Whittington at 886. Tax saving and wealth creation uam1lrrritystoredutxrtaxesandinertsaseyour net worth in a seminar presented by Bob Copland and Keith GummOw, January 22, at the Waterloo Knotty Pine Burgundy Room. The session will run from 6:45 to 9 pan. Copland, C.A., brings to the seminar expertise in wu’oaxmasweesm Both, however, have mind a GST and the recession - 1991 priority ' , l tgree1ne,crii,turtt agar for the Cambridge shopping centres such " the Waterloo “The economists had been pre dieting a better last quarter be. cause of Christmas, but that just didn't happen. The volume was there and pea 1e were definately buying put (fll11 they were buy- Mall, guy's ttdt',', year Iff: roman see especmlly because the upturn expected in the last quarter didn't material- ini aid how muetf they weie spending resulted in poorer sales The result, says Boudreau, is the Minion has actually hit businesses harder then was origi- nally anticipated. "There were other factors that emphasis on investment and tax planning. thum mow, CLU, CHIC. practiaea in the area of Financial, Estate and Retirement Planning. Atttervations contact Maryanne Fowl“ at area; of finyseial and mtirtmeett plunging. _with Per-sons thinking of starting a business or those presently in business can receive valuable sdviee from the Small Business Advisory Group of Water. lotrWellington. Formed in 1987, the Group is a non-profit organization composed of 19 retired busineu and petstsiontApqtle from Kitchener. Waterloo, Cam- Uidge and Grip, PoranotninalhsetlteGmapearthelpinthe following areas: start-up of a new business, general operations, management, manufacturing, engineer- ing, accounting, finanee, marketing, sales and service businesses. For assistance contact 3 KW member at 742- 3914. Help for your small business But Jane Falconer, general manager of the Waterloo Cham. !ber of Commerce, says while 'chunber members are generally accepting the tax, they still have some aenoue concerns. - "Some bqeineaee aryt't proper- tiaiiGauouriittatta, The warmer weather, for example, has resulted in fewer nlee be coats and hats and boots needed for our normal winter “other.” But, (lupin his opinion, Bout. reou still has a kernel of optinr im about the recession. "If they were wrong about one thing maybe they're wrong about herhmiitprlllast.rthittkms'1l pull oufgf this sooner then we goueau is also arntidetst that business will withstand the on- slaught of the G.S.T. and, he says, the impactofthstnxwon’tbess bad as some are predicting. "It’s costing them money, them. 's no doubt about that, bat I think it will make some more evasive. They wmft let a sale get away because of a tax and thqy're Wins yaw ttttthurt." . .lr yrepared because of the-doin- T W1 Ian-ms the Pill-.0 they're tsuffering now but I think most businems are adjusting. The concern now, however, is that the money will go where the government says it will P and that's towards the deficit.' Falconer says business have the attitude that if the government is going to put them through the trouble and expenses of the G.S.T., they want to see it on the bottom line. Arty reduction in the &fieit, says Falconer, will even- tually be beneficial to business, benefits that will outweigh the hassles of the G.S.T.

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