Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), May 7, 1994, p. 21

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stux weekender may 7 1994 p 21 foreign markets are safe haven for your money from page 19 rates may well fall lower but the long term picture suggests they will rise further lets look at our dollar we might fret when it falls but think about the americans our biggest trading partners if you build ford cars and trucks in the us and our dollar falls to the 65cent level you will be out of work as americans will find it cheaper to buy canadian made cars our dollar may well fall a bit lower but it wont collapse there would be so much pres sure on the american govern ment that they would buy up every available canadian dollar once the world saw it happen there would be such a rush into our dollar that it would rise so fast that the bank of canada would have to lower interest rates to restrict the rise in our dollar so dont pay too much atten tion in the long run to our dol lar there will be heat but it will be shortlived however we have something much more important to consid er the north american stock markets have done well as we left the recession but most of europe is still deeply entrenched in a recession they are effec tively two years behind us if you want to make some money look back two years or so in canada to see how canadian investors made money then duplicate it in europe while we are worrying about hbrooklin concrete products limited landscape products designed for versatility and ease of installation to enhance any landscape project brooklin hwy 12 9056553311 toronto vicinity 7987354 newmarket yonge street north 905 8952373 toronto vicinity 8417702 huntsville hwy 1 1 705 7892338 haliburton hwy 121 7054751395 design wall available innath3f brown and 5 gjgpra cottabtgtfdsg bura step steeyjeinrorced castms super buys great reductions last store closing out sale at 7500 woodbine john st 7 pcs dinette was548 now farm table 1 4 chairs greenwhite fat was 499 n0w24y sklar peppler square coffee tabie j0aks5u0 4 veneer y was 286 nowvo double bookcase champagne oak was 175 now sklar peppler soud oak wing mirror was 335 n0w49 double dresser black or teak finish j was 279 now 1 zo soud pine bed queenordouble fta was 578 nowzoo king koil box matt now 68 was 275 and lots more come and see us open fri 106 sat 106 sun 125 mon 106 closed tuewedthurs markham rising interest rates in north america the opposite is happen ing in europe real interest rates are very high german inflation for example is falling every month and is headed for 2 per cent this fall just as we saw interest rates fall to stimulate the economy you can count on many european countries cut ting them as well their bond markets and stock markets will respond positively a similar case can be made for investing in japan their econo my clearly is in a recession however you have to expect that the yen is in trouble it should fall substantially com pared to the american and canadian dollars investing in japan then can be a problem there is a way to profit from a recovery in japan or any other foreign country without worry ing about currency changes sev eral mutual funds especially global strategy invest in foreign countries but protect investors from currency changes by hedg ing against currency changes they buy futures contracts on the canadian dollar as a result you dont worry about changes in our dollar or any foreign cur rency in fact you can profit from these fluctuations without question some of your money maybe a large percent age should be outside canada wet basement stop it now basements waterproofed crack repairs repairs done from inside or outside over 40 years experience all work guaranteed free estimates call 9461277 e systems coatings oqj 450 esna park unit 2 markham billards is a great wav to relax so take a break and have a ball with t s join us sunday may 8 between 2 10 pm for free hotdogs free pizza 12 price pool ta b les 350 h r take aim at some real fun where you get to call the shots under new management sunday may 8 94 woodbine billiards 8365 woodbine ave south of 7 4700806 n our sworn m nm mius a message from the public high school teachers of york region first lets get one thing out and in print teachers hate work to rule campaigns from day one of starting to teach every teacher in york region has willingly given hundreds of hours a year in voluntary extracurricular activities it sounds trite but our basic instinct is always to be involved lend a helping hand take a little extra time to listen and to learn this year in negotiations with the board of education we were faced with one of three tough choices f let the york board cut the quality of public education and accept what the board wants cut 115 teachers the equivalent of a large high school and watch your class sizes soar and your course options get chopped by the way none of us would lose our jobs if we accepted their offer 2 strike go on a fullscale withdrawal of services to underline our concerns for maintaining the quality of public education 3 keep on teaching and start a work to rule campaign with two goals- under line our concerns for maintaining the quality of education and make sure that none of you lose the instruction which is so important to you we need your help not all trustees support cutting the quality of education we believe in fact that no trustee really supports this idea but the board appears to be planning to cut off your education by locking us out help to keep the schools of york open help to preserve the quality of public education please call your trustees and the board chairperson bill crothers to voice your concerns at 90s 7273141 if you would like more information about the work to rule please call the york region high school teachers information line 1 90s i 7279664 7s0o woodbine 4ve i 4749988 district ii osstfflejo york region

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