C8 THE OAKVILLE BEAVER W ednesday February 16, 2000 Business To reach this section call 845-3824 Fax:337-5567 B y N a n c y A le x a n d e r SPECIA L TO T H E BEAVER / IS YOUR GARAGE PROTECTING YOUR CAR BETTER THAN YOUR BARGAIN-RATE CAR INSURANCE? Don't trust just anyone to insure your car, see me: John Baumann 6 2 7 Lyon's L an e # 3 0 8 . O u k v illc 842-2225 For chef Willy Brand, the world is his classroom Renowned for his teaching skills, Brand's `retirement' has seen him more busy than ever A P h o to by R iziero Vertolli C hef W illy B rand has toured the w orld for C E SO to teach budding restaurateurs all ab out food preparation t the age o f 81, it seem s rea so n ab le to co n sid er slo w in g life 's pace an d relax in g a bit. T h at is, o f co u rse, un less y o u r nam e is W illy B rand. T his en erg etic o cto g en a ria n , w ho also h ap p en s to be one o f C a n a d a 's m ost ren o w n ed ch efs, say s he still has too m uch to give to trad e it in for a sed en tary life. H ow can you arg u e w ith a m an w ho is still w h irlin g aro u n d the flo o r in a w eekly b allro o m d an cin g class? B ran d , w ho says the d an ce classe s are d esig n ed to help stren g th en his leg fo llo w in g a slig h t stro k e last year, rem ain s in v o lv ed and in terested in all asp ects o f life. In fact, as recen tly as la st M ay, the O ak v ille resid e n t w as w o rk in g in C o sta R ica, co m p letin g an o th er as sig n m en t on b e h a lf o f th e C a n a d ia n E x e c u tiv e S e rv ic e O v e rse a s (C E SO ). B rand e stim a tes h e 's d one at le ast 21 v o lu n te er a ssig n m en ts in the past 10 o r m o re y ears, h elp in g h o tels and resta u ran ts aro u n d the glo b e set up ad m in istra tio n sy stem s, reo rg an iz e th e ir k itch en s, train ch efs o r advise on m enu p la n n in g , fo o d p rep a ra tio n or san itatio n . F o u n d ed in 1967, C E S O is a n o n -p ro fit ag en cy w hich rec ru its v o lu n te e r ex p e rts w ho are w illin g to len d th e ir sk ills an d k n o w led g e to p eo p le in d ev e lo p in g co u n tries. B ran d sig n ed on w ith C E S O afte r retirin g from G eorge B row n C o lleg e in T oronto. A s a h ig h -p ro file facu lty m em b er in the h o sp itality d iv isio n for 14 years, he h elp ed train m any o f to d a y 's p re-em in en t C an ad ian chefs. T h u s, his so -ca lle d "re tire m e n t" has tak en him to m any fa r-flu n g lo c a le s , in c lu d in g R u s s ia , E s to n ia , C h in a , Z im b ab w e, B o liv ia , Ja m a ic a and In d o n esia . R e g ard le ss o f th e lo c a tio n , B ran d say s he b eliev es it is e x trem ely im p o rta n t to te ac h p eo p le at th e ir ow n level rath e r than im p o sin g the w ay s o f w estern cu ltu re. "I alw ay s try as m u c h as p o ssib le to use local th in g s," he n otes. "T h is h elp s b u ild th e ir c o n fid e n c e in th e ir ow n cu l tu re ." D u rin g his la st v isit to R u ssia, fo r in stan c e, B rand says it w as o b v io u s th is w as a so c iety in tran sitio n . T h e fall o f co m m u n ism had b ro u g h t w ith it a ru sh to w ard all things A m erican . B u t ra th e r th an try in g to re p lic a te M cD o n ald s, B ra n d sa y s he e n c o u ra g e d h is stu d e n ts to ta k e th e ir ow n w o n d erfu l fo o d -- b ac k ed by 2 ,0 0 0 years o f h isto ry -- and p ro m o te it. B ran d say s it has alw a y s been his aim , w hen trav e llin g on b e h a lf o f C E S O , to le av e a little p iece o f h im s e lf behind. "I f 10% stays w ith th em , I 'm su c c e ssfu l," he say s. "I t's v ery rew ard in g to p ass on sk ills to p eo p le w ho are e a g e r to le a rn ." W h e th e r ab ro a d o r c lo s e r to h o m e, B ran d co n tin u es to sh are his w ealth o f k n o w le d g e ab o u t food, p articu la rly the w ay s in w h ich it re la te s to all asp ec ts o f life , in c lu d in g lit era tu re an d the arts. L ast year, fo r ex a m p le , B ran d c o n d u c te d a se m in a r in T o ro n to fo r U n iv ersity o f W estern O n tario alu m n i on Food as P art o f O u r C iv iliz a tio n . In it, he to o k K en n eth C la rk 's ren o w n ed "C iv iliz a tio n " se rie s and illu stra te d the ro le food h as p lay ed th ro u g h o u t histo ry . "I still love te a c h in g ," he adds. "T h ey [the years at G eo rg e B row n C o lleg e ] w ere the b est y ea rs o f m y life ." ZEN0N membrane water purification contract for Massachusetts worth $3 million ZENON Environmental Inc. has won a $3 million contract to build the largest certified, ultrafil tration, m em brane-equipped water treatment facility in the United States. T he facility is specifically designed for the removal o f iron and manganese. O nce completed, the facility will provide 4.3 million (U.S.) gallons per day of clean drinking water to the com m unity o f Seekonk, M assachusetts. The Seekonk area has been experiencing high levels of iron and manganese in their ground water for nearly two decades. Currently, the Seekonk Water District obtains 95% of its water directly from four active wells and purchases another 5% from a neighbouring water supplier. The District has two other wells that are inactive. One was taken off line in the early `80's due to algae accumulation and the other due to an E.coli outbreak in 1998 when the wellfield was inundated by floodw aters due to torrential rains. Subsequent to this, the Commissioners realized the need to protect the water from the potential of any future Cryptospordium and Giardia con tam ination. Z E N O N 's ZeeW eed® m em branes were selected as they are a proven physical barrier preventing para sites and bacteria from entering the w ater distribution system, w hile rem oving the iron and m anganese from the w ater source. "Iron and m anganese is a com m on problem in drinking water supplies around the world and ZENO N 's ZeeWeed technol ogy is uniquely suited to handle this challenge," said Dr. Andrew B enedek, com pany Chairm an and CEO. "W inning this contract further reinforces the overall superiority o f membrane filtra tion technology over previouslyused conventional systems." P C L P la stics ta k e s position The U.S. parent o f P C L Plastics Corp. o f Oakville, has acquired a 50% interest in G em P o lym er C orporation o f Delano, Pennsylvania. G em Polym er is a m anufacturer o f specialty films and bags with nylon film s as its main product line. The D elano facility manufac tures blow n nylon-film and bags for food applications such as oven bags, roasting bags and in-plant m eat processing bags. PCL Plastics Corp is C anada's largest producer o f plastic carry pout bags and garbage bags. The com pany specializes in producing private label bags for the grocery, retail and garbage bag m arket in N orth A m erica through its plants in Oalcville, D elta, B.C. and St. John, N.B. Be realistic when playing the market B y R o n P rokop SPECIAL TO THE BEAVER The m arket's perform ance over the past sever al years has led som e investors to expect excep tional returns. The key w ords here are "expect" and "exceptional" . The Concise O xford Dictionary defines expect as "look forward to, or assum e as future event." It defines exceptional as "form ing an exception, or unusual." Obviously, com bining the tw o doesn't make sense. If you're not convinced, le t's put the m arket's recent perform ance into perspective. O ver the past 45 years, the Toronto Stock Exchange (TSE) has returned about 7 per cent annually. In the past three years, the T SE has posted even m ore im pres sive returns. Simple returns: 1995 retu rn -12.6 per cent; 1996 return-24.3 per cent, 1997-13.5 per cent. Returns including re-invested dividends: 1995 return-15.1 p erc en t, 1 9 9 6 retum -26.7 per cent, 1997 return-15.3 per cent. Obviously, the returns we enjoyed in 1997 were extraordinary. The m ore recent decline in the m arkets rem ind us that they should be enjoyed, not expected. D on't be shortsighted A strong market and its exceptional returns can result in m isleading track records for individual investm ents. N early any investm ent, even a mediocre one, can post a strong perform ance in an exceptional m arket. Because o f this, it's especial ly important during times such as these, to exam ine an investm ent's long-term track record before com m itting any money. If possible, look for com panies w hat have at least 10 years o f track records. This tim e fram e will show how well the invest m ent has fared ina variety o f m arket conditions. Even when market returns aren't exceptional, the m arket is a great place to be. O ver the past 45 years, stocks have outperform ed nearly every other kind o f investment. And, the market isn't as risky as m any investors believe. O ver those sam e 45 years, if you had stayed invested in the North A m erican stock markets over any five-year period, you would have made m oney 89 per cent o f the time. If you had stayed in the m arket over any 10-year period, you would have m ade money 98 per cent o f the tim e, and if you had stayed in the m arket over any 15-year period, you w ould have made money...period. W e've all heard the tales o f investors making fortunes in very short time periods. History, how ever, tells a different story. M ost investors make m oney over time, not overnight. Instead o f focusing on investments that may produce phenom enal returns from time to time, focus your efforts on building a portfolio that can stand the test o f time. It's a surer method o f turn ing your financial dream s into reality. Ron Prokop is with Edward Jones in Oakville. P a k M ail unit to p s in sales Richard and A im ara Toledo, ow ners and operators o f P ak M ail Oakville at Cross Avenue and T rafalgar Road, have achieved the highest system -w ide sales in the shipping and packagaing category for the second consecutive year. MISSISSAUGA Leading today City of Mississauga tor tomorrow 300 City Centre Drive Mississauga ON L5B 3C1 / _ For information: 896-5000 Telecommunications QQC Device for the Deaf 030-0101 BYLAW NOTICE PLANNING ACT NOTICE OF THE PASSING OF ZONING BY-LAWS BY THE CORPORATION OF THE CITY OF MISSISSAUGA TAKE NOTICE that the Council o f the Corporation o f the City o f Mississauga passed By-laws 0053-2000, 0054-2000 and 0055-2000 on the 9th day o f February, 2000, under Section 34 o f the Planning Act R.S.O., 1990,c.P.13, as amended. AND TAKE NOTICE that any person or agency may appeal to the Ontario Municipal Board in respect o f the By-laws by filing with the Clerk o f the City o f Mississauga not later than the 7th day of M arch, 2000, a notice o f appeal setting out the objection to the By-law and the reasons in support o f the objection, together with a cheque in the amount o f $125.00 for each o f the By-laws payable to the Minister o f Finance. Only individuals, corporations and public bodies may appeal a Zoning By-law to the Ontario Municipal Board. A notice o f appeal may not be filed by an unincorporated association or group. However, a notice o f appeal may be filed in the name o f an individual who is a member o f the association or group on its behalf. The information in this article is approved fo r use with the public. It is intended fo r information al purposes only. It is believed to be reliable, but its accuracy and com pleteness are not guaran teed. Wow! I Year 2 Year 3 Year Since Inception 58 . 8 % 25 . 5% 17.4 % 14. 3% Explanation o f the purpose and e ffect o f the by-laws: By-law 0053-2000 to amend Zoning 5500 (former Town of f *' By-law 0054-2000 to amend Zoning 1227 (former Town of Port Credit), and By-law 0055-2000 to amend Zoning 65-30 (former Town of Streetsville) by: revising By-law By-law By-law plus a 3 0 % ta x c r e d it! For m ore inform ation, please contact your investment advisor o r call 1 -8 0 0 -4 0 7 -0 2 8 7 TRIAX GROW TH FUND INC. May not be suitable for all investors. Some conditions apply. 30% tax credit available only to residents o f Ontario, Nova Scotia and New Brunswick. Residents o f all other provinces, except Saskatchewan, are eligible to receive 15% federal tax credit. Investment must be held for at least eight years in order to keep the tax credits. The indicated rates o f return are the historical annual compounded returns as at December 3 1, 1999 and include changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution, income taxes or optional charges payable by any security holder which would have reduced returns. Commissions, trailing commissions, management fees and expens es all may be associated with mutual fund investments. Mutual funds are not guaranteed and all performance data repre sents past performance and is not necessarily indicative o f future performance. Important information about Triax Growth Fund is contained in its prospectus. Please obtain a copy from a duly qualified investment advisor and read it carefully before investing. Inception date: March 1996. Multiple-Occupancy Building in -- "acturing Land I C a te g o ry to be M u ltip le -O c c u p a n c y Mixed-Use Building and revising the p la n a to ry notes in th e S ch e d u le fa te d ' to P a rk in g and L o a d in g S tan dard s fo r N o n -R e s id e n tia l Land Uses, with the effect of broadening the range of uses that would be subject to the revised parking standard o f 1.6 spaces/100 m GFA (1.5 spaces/1,000 sq.ft. GFA) to include retail and service c o m m e rc ia l (excluding restaurant, convenience restaurant, banquet hall, tavern, night club, and adult entertainm ent parlour), office commercial and institutional uses; ?.r · applying parking standards to large industrial/m anufacturing occupancies in excess of 2 325 m2 GFA (25,000 sq. ft. GFA) and large warehousing/ wholesaling occupancies in excess of 6 975 r r ? GFA (75,080 sq ft. GFA) in m ultiple-occupancy m ixed-use buildings in the same manner as large single occupancy industrial/m anufacturing and warehousing/wholesaling buildings; · adding to the Schedule related to Parking and Loading Standards for NonResidential Land Uses, parking standards for General RetailWarehouse, Garden Centre and Banquet Hall uses; · enact housekeeping amendments to Sections of the Zoning By-laws affected by the foregoing. Further inform ation regarding these By laws may be obtained from Chye Lee Vun (905) 896-5535 of the Planning and Building Department. Dated at Mississauga February, 2000 this 16* day of 121957