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economist suntribune february 26 1986 b5 yotir money gjuim zaz dancing away to march 1 hustle perhaps 50 per cent of the people reading this article have yet to make their 1985 rrsp deposits what follows will be of assistance to that group in making their last minute choice of vehicles and institutions does that mean that the 50 per cent who have made their 1985 deposit should stop reading not on your life think of the following comments in terms of your 1s86 tax strategy rrsp deposits for 1986 are best made now for many people for three very good reasons 1 money in the bank earns interest that is taxed by putting it into an rrsp now tax is deferred 2 your total tax bill for 1986 will be smaller but in addition your net asset position will be increasingly improved because you will continue to earn interest on money that otherwise would have to be paid in taxes 3 experts are predicting and i agree with this school of thought that interest rates will be lower next year this represents an oppor tunity now to lock in for possibly better longterm rates now that almost everyone has been defined as a candidate for good advice what is the advice simple rules 1 do it by march 1 for 1985 deposits 2 no company pension maximum is 20 per cent of earned income up to 5500 for 1986 the maximum is 7500 3 with a company pension maximum is 3500 less your contribu tions to the rpp for 1986 rules wait for the budget 4 in addition all cpp oas and rpp income can be deposited just write a cheque 5 you can deposit monthly income from rrsp annuities but it must go directly from the insurance company to the rrsp 6 consider using a spousal rrsp as an income splitting device remember you can contribute past age 71 if your spouse is 71 or younger 7 be prepared to annuitize or collapse the plan by the end of your 71st year there are of course other rules but many people in the past have overlooked these common ones rrsp information trust companies banks credit unions insurance companies and stock brokers are the main sources of supply no one plan is right for everyone take time to think about how much advice you need how long you can easily put the money away for how much in total you are invest ing the degree of risk you are willing to take and how involved you want to be in the management of the money choose between rates service advice loads security and reputa tion for the majority of the public plain safe guarantees are still best for the minority see someone who is in a position to give you good advice and if heshe handles the sale of products it is preferred that heshe have access to a wide variety of products otherwise it seems the one for sale ends up suiting everyone if you have questionas about my column write to me co the eco nomist and sun 9 heritage rd markham l3p 1m3 editors note john near bsc mba clu is a resident of mar kham and is president of john near annuity insurance agency ltd he is licenced with mutual life of canada at 10271 yonge st rich mond hill john sharpe to speak to the board of trade the man behind the success of the inn on the park and the ritz- carlton will bring his experiences to markham next month at a din ner sponsored by the markham board of trade john sharpe executive vice president of operations for four seasons hotels ltd will be guest speaker at the dinner he brings with him 20 years of experience in the field the four seasons hotels have earned a reputation for quality and this is reflected in the success of the american and canadian chain the evening begins at 630 pm with cocktails dinner will be served at 7 30 tickets are 30 and can be obtained by calling the board of trade office at 4740730 mm the regional municipality of wwm widening and reconstruction of warden avenue yr 65 the council of the regional municipality of york proposes to pass a bylaw authorizing a the widening and reconstruction of warden avenue yr 65 in the town ol markham from a point approximately 400 melres south ol the kings high way no 7 to a poinl approximately 650 metres north ol 16th avenue to a basic width ol 36 melres with additional widenings al cuts fills and intersec lions to provide a basic lour lane roadway with turning lanes al the intersec tions ol warden avenue yr 65 and the kings highway no 7 whitehall driveglencove drive bayclille roadcarlton road and 16th avenue b the relocating altering or diverting ol 1 6lh avenue in the town ol markham i on the west side ot warden avenue yr 65 irom lockridge avenue lo intersect with warden avenue yr 65 directly opposite 1 6 avenue east ol warden avenue yr 65 lo a basic width ol 36 melres with additional widenings at cuts tills and the intersection with warden avenue yr 65 and li on the easl side ol warden avenue yr 65 irom warden avenue to a poinl approximately 300 metres east thereof to provide a basic two lane roadway with two additional through lanes and lelt turn lanes at the intersection with warden avenue yr 65 and c the site preparation fencing grading gravelling and paving together with the construction ol concrete curbs and gutters storm sewers culverts and drainage works the provision ol illumination and relocation ol traffic control signals at the intersection ol warden avenue yr 65 and the kings high way no 7 the provision ot illumination removal ol existing trallic control signals and installation ol permanent trallic control signals at the intersec tion of warden avenue yr 65 and whitehall driveglencove drive the provision ol illumination and trallic control signals at the intersections ot warden avenue yr 65 and bayclilte roadcarlton road and 16th avenue and the construction ol all other related works and undertakings and the acquisition ol the necessary lands and interests in lands in connection with loregomg works pursuant to section 301 of the municipal act the engineering committee of the regional council will at this meeting to be held at 10 00 a m on the 1st day ol april 1986 in the council chambers located al the administrative building 62 uayview avenue newmarket hear any person who claims thai his lands will be preiudicialiy allected by the by law and who applies to be heard anyone wishing to be heard is requested lo advise robert vernon regional clerk mr vernon may be reached al 731 0201 extension 210 ii any party en tilled to be heard does not attend at the hearing the committee may proceed in his absence and he will not be entitled to any lurther notice in the proceedings the proposed by law and plans showing the proposed works may be inspected at the othce ol ronald gee planning and design engineer at ihe engineering buildings i telephone 364 8731 0ate0 al newmarket this 20th day ol i ebruary 1 986 robert n vernon regional ccrk 62 bayview avem newmarket ortano l3y 4w9 safety competition attention area forklift drivers the idea behind an upcoming f orktruck competition is to reduce accidents say organizers from the upper- york division of the in dustrial accident prevention association iapa the division is inviting people who operate forktrucks as part of their job to take part in its fourth annual competition march 22 at the steelcase canada ltd plant in markham competition winners will re ceive cash prizes and the top two drivers will be eligible to compete in the lapas ailontario com petition of champions june 14 in niagara falls participants in upper- yorks competition must be from mem ber firms of the iapa and they must have also operated forklifts accidentfree for at least one year contestants will have the option of using propane or electric counterbalance trucks in the event for information on participat ing in upper- york divisions fourth annual forklift truck competition contact sherry kirkpatrick at 416 965888s the iapa is a nonprofit orga nization serving the safety and health needs of more than 58000 ontario manufacturing and retail companies through education programs special consultation literature and films these ser vices are available through iapas head office in toronto and regional offices throughout ontario attention new home buyers you should have an expert accompany you on your preoccupancy inspection mr george brown 20years experience as 4994529 a construction supervisor pc nint or sale systems cash register rmasmefif intesrated cash register and accounting counter express counter connection acc pac uses ibm compaq personal computers complete systems start from 190mo call bohdan kupych ibm is a registered trademark of international business machines corporation 4775154 markhams quality business computer dealer 7100 woodbine ave mwm your computer centre peel mutual insurance company introduces david j forster richmond hill ontario who has purchased the andrew mcclure agency woodbridge ontario for your insurance needs contact d forster associates insurance brokers ltd 10211 yonge street suite 207 richmond hill ontario l4c 3b3 4168839602 peel mutual insurance company 103 queen street west brampton ontario l6y 1m3 4164512386 if youre not ettbn you couunt be if tim a standard trust rrsp heres what else you unless you compare no fees at standard trust imre arc absolutely no fees no fees lo gel in no fees lo gel out no adminislralion fees compare that willi other rrsp plans apply by phone avoid lineups just pick up your phone and tell us what you wanl well do all the paperwork then you usl come in and sign k couldnt he easier might not be getting our rrsps to the rest instant tax receipt your lax receipt isissued before you walk out so you can file your return thesame day compare ourconveniencelotlieresl flexibility youchooscihelerniyoiiwantfromlto 5 years so doni just automatically buy your rrsp w here you do your banking shop around and be sure standard trusl is on your shopping list standard trust member of canada drpomt inminntc corporation 39 main st n markham or call the rrsp hotline 2946865 notice notice is hereby given that on behalf of the corporation of the town of markham application will be made to the legislative assembly of the province of ontario at its next regular session commencing in 1986 for an act authorizing the town of markham to pass bylaws to require a person who owns controls or harbours a dog to clean up and dispose of any excrement left by the dog on public or private property and for requiring any per son who owns controls or harbours a dog to keep the dog leashed and under the care and control of some person as well as prohibiting the dog from trespassing on private property this application will be considered by a standing com mittee of the legislative assembly any person who has an interest in the application and who wishes to make submissions for or against the application to the stand ing committee should notify in writing the clerk of the legislative assembly queens park toronto ontario m7a1a2 dated at markham this 19th day of february 1986 ro kallio town solicitor the corporation of the town of markham 891 1 woodbine avenue markham ontario l3r 1a1 is year average annual compound return 10 years 198 thats the exceptional record of vpar 10 industrial growth fund z- cioq industrial growth has achieved a 1 year 293 record of superior longterm returns better still its managed for you by mackenzie financial corporation under a strategy that gives top priority to protecting your capital its the answer to reducing the stress and increasing the returns of your rrsp investing write or call for details today the industrial growth fund rrsp all figures to december 1 19s any offer nude only fc- prospectus m march 1st 1986 is the final day for 1985 rrsp contributions to accommodate our clients our offices will be open on saturday march 1st 1986 between 10 am ifi and 5 pm 3r evenings by appointment y0rkt0n securities inc 72 main st north markham ontario l3p 1x5 4714433 wj leach bill or warren stoddart computer training the keyto developing highly valued and productive employees the answer offers complete computer training facilities and highlyqualified personnel across canada to meet all of your computer education needs regularly scheduled courses include introduction to pcs introduction to ibm system36 word processing displaywrite 3 multimate spreadsheets lotus data base management systems dbase iii rental of facilities pc learning centre with a inique student monitoring system for up to 24 students system36 training lab customized courses we will design courses specifically to meet the needs of your organization help your employees reach their fullest potential for more information call us now at 4944950 ask or our learning centre coordlnator your questions will lead you to your conpwif cnt- 7100 woodbine ave markham ontario l3r5j2 ammtmmmtmtimtttltm