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t 12 the tribune thursday february 23 1978 sriibi jpi 3 km s isfj v s mx burnslat 62441 ffisa- drive while yellow pink scotties facial tissue price 72 lannirigyproblemsfsji real value vts fssategg fresh grade roong cerafed 14 varieties duncan cake hines mixes turkeys ml 18 5 0z pkg price 87 r bow maca eois regular price 143 for 1 pastas pkg i 6 to wlbs average reg prke lb bra rk uyijc cat l food i exceptional values iraliifflbnel sftfetf maple leaf pure reg price 73c 1lb pkg mb aflkk tenderflake lad 59 gfsgasa pviswaffiafreshregprice lb 108 5lbs up lb 30c btl orponl grade a beef excellent r for braising lb m oked cookr i reg price lb 118 t 3 10 7 lb average picnic style mjg shoulders ib coke isgrorlireastxquarters backs attached- l v k f lb 8a ute j- zmg bjpgwei h rv jajdp- r produce no 1 grade california emperor grapes 69 sweet seedless navel 4 ib cello bag v w v sunkist oranges 169 no i cuoe mexican vine ripened tomatoes no 1 gkade mexican peppers no grade ontario waxeo no 1 grde mexican sweet green 49 rutabagas nnis ik dieffenbachia 45 sinch for 299 s8i mahe 399 main st w stouffville moim 96 tues 96 wed 99 thurs 99 fri 8309 sat 8306 free parcel pickup service claremont news local guides learn first aid by anne loney the guides company was tested by the st johns ambulance in claremont public school on wed feb 15 all guiders and guides passed the test it was a three part test 20 written questions and oral questions and a demonstration of ability of mouth to mouth resuscitation the successful guides were louise stewart junior leader wendy bates dianne beelby debbie beverley jane binsted darlene calhoun susan carder janine ferguson shelly ferguson kathy ford sharon ford carlene gammage michele ir win janet linton kathy martin laura vale and barbara warden the top guide in all areas was kathy ford frank goloz who was the st johns ambulance instructor and one of the testers has promised to return in a few weeks with the certificates a special evening is planned with the guides inviting their parents to watch the presentation of certificates and badges entertainment will follow and refreshments will be served a special thanks to mrs jack bates for helping the setup for the first aid program and her encouragement and participation to throughout the program the claremont lionettes hosted the ajax club on tuesday feb 14 at the home of carole redshaw ruth knapp demonstrated a flower arrangement and a chinese auction was held claremont district react club met at the home of alan redshaw on sunday feb 18 the main reason for this club is a search and rescue organization that con tacts radios and telephones for a base set up for anyone in distress during the night of the bad storm maurice binsted president of react and mary cazaly were sending out snowmobiles for those stranded in their cars in and around claremont six snowmobilers were sent out during the storm the mission circle will meet at the home of mrs ross gammage monday feb 27 at 730 pm the roll call something for which you are thankful a film will be shown by miss jean linton of the sudan interior mission at present miss linton is living in stouffville our sympathy goes to mrs john lehman arvilla in the passing of her brother william lloyd on jan 13 in trenton michigan hospital the funeral service was held on jan 16 with interment iia memorial park cemetery flat rock michigan the rev e shinn officiated at the last meeting of the lions tom quinn recreation director for the town of pickering was the speaker and many things wenf discussed with regard to claremont for one thing we are to have new lights in our village but the main topic was the park and many important improvements are to take place to make it more desirable for everyone there will be a meeting at the pickerings municipal building on saturday feb 18 at 930 pm for winter waterfowl along the lakeshore from whitby harbour to frenchmans bay dress warmly and bring a lunch the leader will be rob nisbet this was a very very happy weekend for mr and mrs ivan taylor for the second time their son john has won a gold medal he brough home another gold medal this year for preliminary boys in the pine ridge figure skating held on saturday feb 18 in port perry j arena congratulations to j john j twice happiness came to mr and mrs taylor on the same saturday when a baby girl was born to their son and daughterinlaw mr and mrs joe taylor of cannington staying with them is their grand daughter tammijoe while her mother is in the hospital winners who won thejjj tuesday evening euchre were ladies marg baker marjorie hedges and aldine evans men p catton don hedges and bill evans best wishes to mrs gladys norton who was 75 years old on sunday i february 19 1978 she was the honored guest attf a family party given by her sister gertrude rrspgood tax shelters by michael curran ca taxshelters are often considered the territory of the welltodo but anyone with a taxable income can duck behind a registered retirement savings plan to protect part of his income from the taxman in the process he will be putting away money for his later years and providing a savings cushion against the time he may need quick cash an rrsp will not allow you to escape tax only to postpone it but the day of reckoning does not have to take place until much later in life when theoretically you are no longer working at a regular job and enjoy a much lower tax rate there are two ways in which you can save tax dollars by investing in an rrsp you do not have to pay tax on any money you invest in a plan if for example you are in a 30 per cent tax bracket you will be entitled to a 300 tax refund for every 1000 you invest in your registered plan the investment limit in an rrsp is 20 per cent of your salary earned income in tax terms to a maximum of 5500 a year if you do not belong to a company pension plan or 3500 if you do the second way an rrsp can earn tax funds is when you borrow to buy one if the 1000 was borrowed from a bank and repaid over a year the interest you paid on the loan is a tax deduc tible expense if the in terest on the loan amounted to 100 it could mean another 30 tax savingshowever if you borrow to invest in an rrsp for your spouse the interest on the loan is not deductible the fact that the tax department treats in terest paid for an rrso loan this way offers you other chances to manage t your financial matters more wisely if for example you had 3000 and wanted to buy a car as well as invest in an rrsp you would be much further ahead using the cash to pay for the car and borrowing to buy the rrsp since the interest on a car loan is not taxvji deductible but that on an rrsp loan is rrsp plans available through chartered banks trust companies insurance companies and mutual funds come in a complicated variety of forms those grave enough to try and explore the field in any depth willo find themselves en meshed in a jungle of detail however there are important elements you should watch for the rate of interest your in vestment will earn and whether it is guaranteed or a rate which will fluctuate up and down any bonuses you will be charged either to join the plan or to take your money out of it in other words un derstand the potential earnings of the plan the degree of risk and the limits if any which will be placed on your flexibility should your needs change in the future you may want to leave one plan and invest your money in another or you may want the money for some other purpose in which case remember that you will have to pay tax on it at that time another important tax consideration the deadline for investment in an rrsp to be applied against 1977 income is march 1 1978 f mr cnrran is with campbell sharp toronto v ns fa it sl