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Page 8 TERRACE BAY/SCHREIBER NEWS Wednesday; April 5, 1989 Retirement plan Timely Continued from page 3 Although many future retirees say they only want to travel, Roger said if that's all you do when you retire you'll get tired of it pretty fast. As for the wife getting used to the retired husband being home, Addie said she's happy Roger is home. "You get closer to each other and you're not doing everything by yourself," she said. Like Roger, Addie said it took her about two years to get used to the fact Roger was retired. She also said, "you're never looking for something to do. There's not enough hours in the day," she said. Addie also said, "if you can afford to retire early, go for it." One thing that Roger said he does miss since he retired is some of his friends from work and the comraderie they shared. Once retired, Roger said it's important to keep busy and change your activities. "If you sit in a chair for long enough, it's hard to get going again." Thompson said retirees can get involved in all kinds of activities including volunteer work. "You can stay at home all day, everyday, or you can be out doing Do you know how to reduce the risk of getting AIDS? Practise safer sex. Get the facts. Let's Talk. Call the Ontario Ministry of Health AIDS Hotline 1-800-668-AIDS Death Notice LEMIEUX - Mrs. Giovana (Jennie) Lemieux age 76 years of Schreiber passed away in hospital on Friday March 24, 1989. She was a member of the CWL and Chimo Club. Survived by her daughter Moreen (Mrs. B. Phillips), daughter-in-law Cathy Lemieux both of Schreiber, grandchildren Susan Godin, Robert Phillips, Lynn Phillips, Sandra Brazeau, Brad, Aaron and Dean Lemieux, also survived by 6 great- grandchildren. Predeceased by her husband Arthur, son Norman and 5 sisters. Funeral Mass was held on Monday at 11:00 a.m. from Holy Angels Roman Catholic Church Schreiber. Interment Schreiber Cemetery. ATTENTION Terrace Bay & Schreiber Residents Your Business Opportunity is Here DEALERS WANTED something every night of the week," said Thompson. He joked that when you're working, you come home from work and there's lots of things to do. When you're retired there are still lots of things to do, it just takes you longer. He cautioned people who's work is there life. Thompson said people who have no activities or interests outside of work could have problems when they're retired. He said these people will have nothing to do when retired and have too much time on their hands. That's why he said its impor- tant to develop interests, hobbies and activities other than work before you retire so you can con- tinue these activities once you are retired. Ontario, Quebec finalize traffic deal An agreement between Ontario and Quebec to exchange information on Highway Traffic Act violations went into effect April 1. Prior to that date, only Criminal Code offences such as impaired driving were exchanged between Canadian provinces. After April 1 however, drivers from the neighboring province who are convicted of traffic offences in either Ontario or Quebec will have the convictions and demerit points transferred to their home records. The agreement covers eight offences: careless driving, dan- gerous driving, speeding, failing to obey a traffic signal or stop sign, failing to stop for a school bus with its red lights flashing, failing to report an accident, fail- ing to remain at the scene of an accident and driving a vehicle for a bet, stake or race. These violations make up 94 per cent of all demerit point infractions committed by out-of- province drivers in Ontario. This agreement is the first of its kind in Canada, although Quebec has a similar pact with the State of New York. exercise system available - Seven toning tables: - Pay back in months - Most technilogically advanced - No franchise fees - 5 year guarantee - Extensive support package. Cati Penny Belanger (807) 622-2757 [ew Mauc 845 North May St., Thunder Bay, Ont. No one wants to pay more tax than necessary, of course. Most taxpayers can take advantage of their family situation to reduce the amount they are required to pay. You can reduce your tax when completing your federal income tax return by claiming the deduc- tions and credits to which you are entitled for members of your fam- ily. Family Allowances Even if you give part of your income to a member of your fam- ily, you are still required, in most cases, to report the interest income earned from that money. However, there are a few exceptions to this rule. For exam- ple, if you put the family allowances received for your child into a savings account in your child's name, the interest income earned and accumulated is then taxable in your child's hands and not in yours. Under these circumstances, your child's annual interest income will not likely exceed the personal amount for your child to which you are entitled. Many parents build a future for their children in this way. Child Care Expenses Expenses paid for the care of your children can be deducted from your income. Beginning in 1988, the maxi- mum child care expenses you may claim is: $4000 for each child who was 6 or under on December 31, 1988; $4000 for each eligible child over six who has a severe and prolonged men- tal or physical impairment; and $2000 for each eligible child from 7 to 14 years of age. Check the new Child Care Expenses Tax Guide for more details. Education and Tuition Amounts Any of your dependents who are students enrolled in full-time training program at a designated education institution are entitled to claim their tuition fees and a $60 per month education amount. Where all the amounts to which a student is entitled exceeds the Cat scratch Continued from page 5 more likely to contact ringworm. Consult your vet or family doctor if you or your pet get ringworm. With the proper medication the problem will clear up quickly. Cat scratch fever is not a seri- ous condition but it can be uncomfortable. Usually you develop a fever, feel tired and have enlarged lymph nodes near the area that was scratched or bit. Whenever your cat scratches or bites you, make sure you wash the area with hot soapy water and student's taxable income, you may then claim the unused por- tion of the education and tuition amounts. Married or Equivalent -to- Married Amount If you are legally married and your spouse's net income earned during the year is within certain limits, you may be entitled to the married amount. When calculat- ing this amount, you should con- sider your spouse's net income for the whole year, even if you were married late in the year. You may not claim this amount for a common-law spouse. However, if you are sin- gle, divorced, separated. wid- owed, or living common-law, and you support a relative, it is your benefit to claim the equivalent-to- married amount for a dependent. This amount is allowed where the dependent person is living with you and is related to you by blood, marriage or adoption. If you claim the equivalent-to- married amount for a dependent on Schedule 6, neither you nor anyone else may claim any other personal amount can be claimed per residence. Child Tax Credit Only the person who was enti- tled to receive the family allowance cheque in January, 1989 may claim the child tax credit. If you are that person, you must complete an income tax return and Schedule '7, even if you have no taxable income to report. You may claim $559 for each eligible child as well as the new $100 supplement for each eligible child born in 1982 or later. However, if you received the child tax credit prepayment in November , remember to subtract this amount on Schedule 7 to determine the balance of the cred- it you may claim or the amount of any over-payment you received. You must attach to your child tax credit claim the TFAI slip you received from Health and Welfare Canada. In addition, you must attach the ATC-1 slip or a letter to your return. apply alcohol to sterilize the area. Rabies is a killer. Almost all animals who contact the disease die from it. This is why it is so important to have your pet vacci- nated every year. Cases of rabies have been found in the Sault Ste Marie and North Bay area which is too close when it comes to this disease. Dog bites account for less than 5 percent of the rabies cases in North America. Most of the transmitters are tax info Federal Sales Tax Credit If you are 19 years or older, or married or the parent of a depen- dent child under 19, and if your net family income is $16,000 or less, you are eligible to claim the full amount of the sales tax credit in your return. You may be enti- tled to $70 for yourself, $70 for your spouse and $35 for each per- son under 19 who is dependent on you or your spouse if your spouse was living with you on December 31. This credit is reduced by 5 per cent of the family income exceed- ing $16,000. Separation or Divorce If your family situation changes, your tax status will change as well, particularly in the case of separation or divorce. If you are separated or divorced and are making alimony or mainte- nance payments which meet cer- tain requirements, you may be able to deduct them, and your spouse or ex-spouse may have to report them as income. If you were in a common-law relation- ship, support payments paid by you to your former common-law partner or children of that person, or both, may be deductible by you and included in the other per- son's income. Again, these pay- ments must meet certain condi- tions. A separation or divorce could also affect your eligibility to claim certain personal amounts on your tax return. If your separa- tion or divorce occurréd in 1988," you may claim either your alimo- ny or separation allowance, or the personal amounts for your spouse and dependent children - whichever us more advantageous to you.However, you cannot claim an amount for a dependent child who has already been claimed by your spouse or ex- spouse under the equivalent-to married amount. In future years, if you are enti- tled to claim a deduction for your support payments, you cannot claim personal amounts for the spouse, ex-spouse, or children for whom these payments were made. fever skunks, foxes, raccoons and bats. Never approach a wild animal that is staggering, drooling or act- ing in an aggressive manner. If you are bitten by a dog, con- tact the owners or have the police contact them. If it is a stray call the local dog catcher and report it. You must always, make sure these dogs or cats have had rabies shots and are not infected with the disease. Next week "Lyme Disease" Funeral Notice Whalen - Jean Patricia - (nee Coughlin) on Thursday March 21, 1989. Jean passed away peacefully in her 55th year. Beloved wife of David Whalen, Arnprior. Cherished mother of Susan Bunkis, Sandra Dale, Brenda, Diane & Barbara Quathamer. Dear sister of Mary Clare Kennedy, Kathleen Kukko, Glenna MacDonald. In Memoriams to the Canadian Cancer Society appreciated. INCOME TAX Service 10:00 a.m. - 8:00 p.m. Appointments for weekends Lillian Belliveau 432 Ft. Garry Rd. 825-3504