Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), July 20, 1999, p. 1

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m n inside opinion 6 infoguide 14 scoreboard 16 classified 17 whitchurchstouifvllle public ubr j t marleejoknson arts culture calendar a makes a pitch to event twdfcvnight join the provincial softball when sunday 8 pm for the 2001 canada games where markham museum 2944576 serving whitchurchstouffville a you have a terrifying force of nature has come to lake placid m cents including gst 20 pages tuesday july 20 1999 audit creates mvestor nightmare depositors stand to i lose millions by rick vanderlinde y staff writer toronto fraud squad detec tives have started interviewirig several york region investors who fear they have lost millions of dollars to an unregistered deposit broker det bob fallis said the investors are among iriore than looifrom across canada who deposited a total of about 110 million with nelbar financial corp last month nelbars presi dent 37yearold george nelson allen of newmarket was charged with operating an unregistered loan company under ontarios loan and trust corporations act the maximum fine under the act fallis said the bulk of the 20 to 25 york region investors are from newmarket and aurora with others from markham thorrihill mount albert arid queerisville fallis said one investor stands to lose 1 million with most local investors depositing between 20000 and 50000 fallis said neighbours friends arid relatives of allen have deposited money since the toronto investment brokerage opened in 1992 sorrie of them have known the broker for a long time fallis said these arent short- term relationships there was a builtup trust over the years the stouffville tribune could hot reach allen for comment i art in the park now thats what we call a hat d see broker page 2 phimycheryljohnson marion mccumber of kingston makes like carman miranda with this oneofakind creation she found at art in the park afruvt thousands of art lovers flocked to jmemorial park filling it to capityy for art ma weekend the twoday festival now mits fourth year is a fundraiser for markham stoufrville hospm and the latcham gallery photo spreadpage 4 to reach us 905 6402 100 missing links bad for business bemisroamarie neglected toronto report by lisa queen staffwriier x aging roads and pipes that are failing to keep pace wim growth are threatening the gtas future according to a report from the toronto board of trade although the board acknowledged infra- structure doesnt sound like an exciting issue officials warn mat neglecting it could ruin the quality of life in the gta mfrastructure includes roads transit water arid sewer pipes rail lines airports and communications networks v infrasnricture planning and development in the gta have not kept pace with popula tion growth the board said in a reportto the greater toronto services board many roads and highways desperately need ari overhaul the system requires frer quent and increasingly costly maintenance andrepair the board complained that missing links in the arterial road system are contributing to congestion a costly headache for businesses hwy 407 which opened in 1997 had ibeeri plariried for more than 30 years the report stated no longterm planning of major regional highways is underway and plans that have been developed are slow to materialize a the report recommends broadening the gtsbs powers so it can better coordinate services arid infrastructure improvements in the gta but the actual delivery of services m i 14 i i 1 1 i ii 0 see region page 2 w 200 channel mini dish sales service tfc 4168784884 9056424705 fr 905 6400275 reg 6599 financial services sswos account 4250 1 year 5350 year 5525 5 yoir 5800c gici bbsf mutual fun uo insurance rrif ken prentice cfp ringwood dr stouffvihe 5

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