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There‘s a new business on the block trying to make a name for itself. Coâ€"owners Margaret McKillop and lonescu Mariana, of Ooh, La, La Hair Studio for Men and Women, 203 King St. S in Waterloo, had no sooner opened their doors for busiâ€" ness last Monday when they came up with a great idea on how to put some of their earnings back into the community. The cause they‘ve selected to conâ€" tribute to is St, Mary‘s Hospital new Intensive Care/Coronary Care Unit, which was recently approved for construction by the Ministry of Health. And the pair are prepared to donate to the project all sales proâ€" ceeds every third Wednesday startâ€" ing Dec. 20 for the next six months. More than $3 million is needed to complete the project that will make the unit one of the most modern in the province. "We‘ve heard of the hospital ‘s B® °*4 â€" other and became business partners project and the provincial cutbacks, e i. k 4 * quite accidentally. Each had heard so we felt that this was a worthy lt that the 203 King St. location was cause," said McKillop. "Hospitals s available for rent, and each called are going through tough enough the buildings owner, who, in turn, times and they don‘t need any more put the pair in touch with one cutbacks. They need community another support, We,Jelt that if we were the fonescn Man seated, and Margaret McKillop, "Now there are two of us to pay {irst small business to do this, â€" {o qwners of Ool;, ta, La Hair Studio for Men and _ ‘D¢ rent and share the bills. as well as maybe it will get the ball rolling fOF _ Yyopen the customers," said McKillop other business our size." { Business hours are Monday to Satâ€" McKillop, who painted shirts for Willy Gump Clothing, and _ urday, 9 a.m, to 6 p.m. Appointments can be made by calling 749â€" Mariana, from Romania, opened Ooh, La, La on Monday and _ 7017 New hair salon owners raise funds for St. Mary‘s Hospital There are so many variables to take account of when preâ€" dicting an economy‘s future. 1 believe that circumstances and institutions impact the economy; 1 do not believe it is satisfacâ€" tory to project the past into the future, without adjustments being made. pumemeimems 1 start with the premise that we can look at the demand in four sectors to measure stimuâ€" lus. I speak of the consumption, investment, government and net export sectors. The year 1995 has been one of increasing employment BUT considerable consumer reluctance. The single largest stimulus to the economy has been the trade sector, which depends on the thriving economies of other countries to continue. This time of year, we can evaluate retail sales E and observe what is happening around Christâ€" mas and 1 often find that to be a rough guide as to the future year. It is also instructive to remember that the stock market has given sigâ€" nals this fall of some confidence too as the Dow and other indices have reached record levels. BUSINESS Recently, my wife observed in doing some catalogue shopâ€" ping, that an inordinate number of items were out of stock. That can only mean that there were good sales on these items. Peter Cudhea Chronicle Staff Looking ahead at 1996 IT FIGURES Interestingly, these catalogues were U.S. based as she wanted some items delivered directly to U.S. addresses. As I indicated above, Canadian exports depend on the health of the U.S economy because of the high reliance on our sales to that country and it would appear that the U.S. econâ€" | omy is healthy at the consumption level. m 1 am not observing any resurgence in confiâ€" dence approaching the 1986 to 1989 period However, 1 do observe a total lack of confidence either. Thus, the likely outcome is slow growth in consumer sales and investment. Lower interest rates will stimulate both, yet drasâ€" tic cuts in interest rates would stimulate a great deal more (Continued on page 14 Interest rates affect the housing and automoâ€" bile industries greatly. It is likely that interest rates will be reduced so long as the Quebec issue moves off the front burner in world news. How likely is it that Bouchard will let it die for 1996? 1 suspect he will want to keep it on the front burner in which case the chances of interâ€" est rates falling in real terms to levels approachâ€" ing the 1970s is highly unlikely (in 1975, real interest rates were zero). It is unlikely that we will see a drop of more than 100 to 200 basis points although business is slow, they‘re hoping that the community will respond to the worthy cause. They have heard of projects like this getâ€" ting great response in the Toronto area and hope that this community will respond similarly. "We want to contribute to our community. The care of cardiac patients and the criticallyâ€"ill is cruâ€" cial," McKillop said. "A salon visit is a real pickâ€"meâ€"up and this will make it even better. Our customers will know they‘ve helped out, too." The salon, which includes a gift and clothing boutique, will also donate $5 from every Guatemalanâ€" made sweater, to the project "Generosity like this is a real boost to our fundraising efforts," said St. Mary‘s Hospital president Bruce Antonello. "We appreciate community support for this imporâ€" tant project." Each -year the ICU/CCU cares for more than 1,000 of the Region‘s most critically ill. McKillop and Mariana met each other and became business partners quite accidentally. Each had heard that the 203 King St. location was available for rent, and each called the buildings owner, who, in turn, put the pair in touch with one another on uie c mrve is tm en in mt c in ue un af Y# * a -15:‘ Avics sls 5 %‘ The Art of Fitness ‘¢ Ts the season to celebrate in the best of laste. wih a scrumptious Dairy Queen Cake or Log Mmmmmmi Kick layers of smooth vanilla and choco late Dairy Queen sofl serve with delicious dark ludge and arisp chocolate cookle crunch in between it‘s a Dairy Queen Prozen Cake Choose from our display Or phone a day ahead Ior your special Chrisimas order â€"_ Treat your family and friends to the besi of the season a dairy Queen Frozen Cake or Lox, READY TO TAKE HOME RJGHT NOW! i s WATERLOO KITCHENER 41 50 Westmount Rd. N. _ 120 Oftawa St. N (Westmount Place) _ (Eastgate Plaza) _ YEARS SERVING 747â€"2424 â€" 744â€"9220 mt «w auea J t Fey es f 38 1 Sak WITH A DAIRY QUEEN CAKE OR LOG. o _ & waTteRLoo _ U q .OVER 300 FRIENDLY STORES & SERVICES. 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