November 5, 1989 ca Castlegar News a RR ate Boomer planning more difficult HH The Canadian Press The generation tat made the career of Dr. First, government pension assistance in the form of old age security, Canada or Quebec pension plans and Spock when it was in diapers, that brought us rock 'n’ roll, that now is paying as much as $250,000 for a ‘starter’ house, will continue to break new ground as it heads for retirement ‘ Baby boomers have a particularly difficult job as they start planning for their retirement, which will be unlike that of previous generations. Today there are about eight Canadians for every per son65 years or old By the time the boomers retire, there will probably be only four Canadians for every one over the age of 65, The Baby Boomers, who now range in age from mid: 20s to early 40s, should not, base their retirement plans on their parents’ experience. In fact, there are almost certainly going to be several big financial differences More reci TIGER FIBRE BARS Desserts DOUKHOBOR COOKIES s C. Brown Sugar + 6. Peanut Butter Chips C. 100% Bran Cereal d income is not assured, says Doug Frith, the former Liberal MP who introduced the latest round of federal pension reform. Given the greater proportion of retired Canadians in the first decades of the next century, it seems improbable such all-inclusive pension benefits can continue. Canada Pension Plan contributions are “unfunded,” that is, those premiums paid today go to pay today’s retirees. They are not invested to provide for the retirement of those making the contributions, Frith says At the very least, Canadians can expect that the gover nment will tax back any benefits that high-income retirees receive from the government, Frith says Then there's the housing market ‘ The parents of the baby boom generation are living in their best investment es egg whites. Spoon into 6 muffin tins. Bake for 20 minutes. — Verna Taranott ¢ resale house price in Canada has increased six-fold in the last 20 years, according to statistics from the Canadian Real Estate A: jon. At the same time in- flation has roughly tripled other prices. DRIVE UP PRICES The boomers are driving up house prices as they enter the real-estate market. But with the birthrate below the level needed to sustain the current population and big increases in immigration Canada’s is going to stabilize within the next 20 years, says David Foot, a University of Toronto economist and a leading expert in demographic analysis. Can boomers look to their houses for the same source of retirement income as their parents? “No way,"” says Foot. ‘The only reason the parents were so successful with their houses is because the big baby boom bulge came along behind to buy them. “The real (after inflation) value of the housing market Will start to slip away by the -1990s"" when the baby boomers are housed, Foot predicts The same economic principles of supply and demand apply to interest rates, he suggests. Today the baby boomer is unhappy about unusually high interest rates, after inflation, because they mean the cost of his mortgage and other debts is high. But by the time he retires and begins living off the in terest from his savings, he could well be equally unhappy over low interest rates “When you're young, in four 20s and 30s, you're mainly a borrower in society,” Foot says. “By the time you get to your 40s you start to move into the world where you become a save “The front end of the baby boom was born in 1947; they're now 42 and beginning to enter their prime savings years,” Foot says. “So for the last 20 or 30 years capital has been very scarce,”” and the real interest rate has been high. “Capital is going to become increasingly abundant in the years ahead as the baby boom generation enters its prime savings years,"’ and real interest rates.will fall. And that means income from annuities and other for- ms of retirement savings will be reduced. So baby boomers face some unique problems in pre- paring for-retirement — problems that will take special thought % C. Peanut Butter Chips 1C. Chocolate Chips jour 4 tsp. Baking Powder 1 tsp. Salt « C. Whipping Cream 4 Eggs, beaten 2 tsp. Lemon Juice and Rind from whole lemon Mix Crisco, butter, sugar, flour and baking powder and salt all together. Then whipping cream, eggs, lemon, juice and rind. Mix together, roli out and cut glass ping inch thick. Bake at 375 degrees F — Mable Barisoft 1 tsp. Butter brown sugar in a stir well. Turn into inch-square pan Melt butter with corn syrup and large pan over Increase heat to boil, chips, then bran and raisins and a greased 8x8 ress down fir mly and make it even to add top Topping — Combine % C peanut butter chips with the chocolate chips and butter. Melt COCOA NUT CAKE Sift together 1% C. Pastry Flour, sitted once remaining % C 1% C. Sugar 2 tsp. Baking Powder «tsp. Salt 4T. Cocoa Add, without stirring GC: Cooking Oil 2 C. Milk 1 tsp: Vanilla vs tp. Cloves . Beat 2 minutes. Add: 2 Eggs, unbeaten ve C. More Milk and chocolate in to squares and ser Mi BREAKFAST BUNS over hot water, stir well. Spread evenly over cereal layer. Melt peanut butter chips over hot water. Drop by teaspoonfuls over chocolate Using a fork, swirl peanut butter a criss-cross fashion to create tiger stripes. Refrigerate until hardened. Cut in e. jon Bullanoff Take a look at the FUTURE.... laced on BUILD YOUR DREAM HOME BEFORE °9% Federal Tax *Trade prices increase Material prices increase pl PP frustration and time delays. 1990 promises to be even more demanding. UVILD NOW & SAVE & trades during the peak season creates We have Pp and A PENNY SAVED IS A PENNY EARNED <>) DANISH-LIKE armony Homes [ [FREE CATALOGUE OF WOME PLANS AVAILABLE] OPEN 8 - 5 MON. - FRI., 10 - 2 SAT. Regional Representatives: Dennis at 352-5421 Allan Peters 765-5191 Beat 2 minutes. Fold in 4-'2 C. Chopped Nuts Pour in 8x8x2-inch greased pan. Bake at 350 degrees F. for 30-35 minutes. Cool. Spread with icing. CHOCOLATE ICING Cream together 3 T. Margarine or Butter Ltsp. Vanilla 2T. Cocoa Biend in 2 C. Icing Sugar. Add 3 T. milk Beat until smooh and Frost cake when Cake is cool — Jeannie T tlufty led. 2 Slices Whole Wheat Bread made into crumbs 34. Nonfat Dry Milk 2 tsp. Baking Powder 1 Sweetener to equal 8 tsp. Sugar 2 T. Margarine or Diet Margarine , grated Preheat oven to 350 degrees F Place bread, dry milk, baking powder and sweetener in a mixing bowl; add margarine and mix well Add beaten egg yolks, apple then Births & Funerals BIRTHS COUPERUS —_ To Paulette and Robert Couperus of Castlegar, a girl, born Oct 20. HAMSON BREWER — To Carrie Hamson and Trevor Brewer of Nelson, a boy born Oct. 22 HANSEN, ADAMS — To Melanie Hansen ond Ronnie Adams of Slocan, a gir!, born Oct. 20 MONCRIEF Brenda ond Wayne Moncrief of Fruitvale, d boy, bérn Oct RITCHIE — To Cathy and Blaine Ritchie of Rossland, a boy, born Oct. 13. SIEGRIST To Christine and Gordon Siegrist of Costigar, a boy, born Oct. 28. STOCKHAUSEN KLEIN To Julio Stockhausen and Gary Klein, a boy, born ‘a1 Castlegar and District Hospital Sept 23 DEATHS ANDERSEN — Marvin Marion Andersen # Nelson died Oct. 28. He was 76. Mr Andersen is survived by his wife Dorris Raymond, Laurence and his Yvonne, lan, Selmer and his wite Andy ond his wite Terry, Keith 1 and his wite Gina, Wesley and his Karen and Nelson, nine daughters, Ethel ond her husband Tom MacKenzie Florence and her husband Hector Dumonte. Pauline and her husband Keith Lowein, Sharon and her husband Lyle Woods, Margaret Baycrott, Zelda nd ebineen—tinde- She was predeceased by her father in November 1977 and her mother in March 1979 HARRISON D. Harrison, a longtime Nelson resident, died Oct. 25. He was 79. Mr. Harrison is survived by his wife, Ferne: children Mari-Lou and her ‘husband Donald Loishley, Robert and his wite Kathie, Bill and his: wite Evelyn and Cherie Baker; 14 gran dchildren and two great-grandchildren LOEWEN David Peter Loewen, of Nelson, died Oct. 29 at age 56 MAY — Linda Gayle May of Robson died Oct. 21 in Kelowna General Hospital at age 37. She is survived by her finance. Joe Gorkotf of Robson: her mother Belle Esawolott of Raspberry Village: and brother-in-law Heather and Gordon Penny of Calahoo, Alta.; and several aunts, uncles, cousins, nieces and nephews NIXON “— George Nixon of Rossland died Oct. 13 at Trail Regional Hospital He was 85. Mr. Nixon is survived by his wite Dorothy Commerce, Tex one daughter, Carol Bildtell of Cran brook; 10 grandchildren granddaughter, and a nephew. He was predeceased by his sister SEGI — Julius Seg: of Nelson died Oct 26 at age 7! GRAB A SHARP PENCIL We'll Show You How To Collect Extra Money Davenport, Karen Hansen and Sonja Andersen: 50 grandchildren and a num ber of great-grandchildren. BUNA — Pacifico (Chiet) Buna, a Trail native, died suddenly at his residence He was 68. Mr. Buna is survived by four sons, Lorne of Kelowna, Michael an Ken. oth of Victoria and Gordon of Abbot stord; two daughters, Lesley of Vernon and Donna of Kelowna dchildren; and two sisters ond Dolly Rella, both of Tra predeceased by his wite Kathleen 1988 FRASER — Irene Margaret Fraser longtime Nelson resident, died Oct at Kootenay Lake District Hospital wos 67. Mrs. Fraser is survived by her husband Charles; daughter Vivian and her husband Dick Bayliss of Nelson. granddaughter Susan Vaigt of Coquitlam ond-sister Lillian Fiesel of Burnaby. She was predeceased by her parents, Jessie and Albert Freeman GIZA — Mary Eva Giza died Oct. 20 in Kootenay Lake District Hospital ot age 63 Mrs. Giza is -survived by her daughters Ann _Heuscher Revelstoke, Sharon Lynn Birk of Hudson son Anthony Kim of dchildren; sister Stephanie Golicio Genevieve Cervo, Anna Lisso Evangeline Yogas, Helen Funter, Joanne Venier and Josephine Giolo; ond trothers Willham and Steve Yakubrec OBERLAK _ Peter Francis Soberlok of Castlegar died Oct. 28. He was 82. Mr Soberlak is survived by his wife Anne: daughter Marlene and her husband Don of Castlegar; two sons, John and his wite Joanne of Kamloops a: his wite Judy of Drumheller grandchildren three grandchildren; sister Anne Young uncon; brother John of Cranbrook; and numerous nieces and nephews STORVOLD — Eveline Theresa Storvold, Hospital Storvold is survived by children, Ron of Beaver Falls and Clit and Wendy Lee of Calgary; tour gran dchildren; two sisters, Margaret Domeij of Vancouver and Irma Tognotti of Trait two brothers, Curly Salsicciol of Trail and Peter Salsiccioli of Hamilton, Ont WYNNE — Pauline Louvise Wynne, a longtime Nelson resident, died Oct. 19 in Kootenay Lake District Hospital. She was 82. Mrs. Wynne is survived by two doughters, Florence and her husbond Tom Savinkolt of Crescent Valley and Eloine and her husband Bruce Dunnett of Nelson; two sons, Tom ond his wite Katherine of Burnaby and Charles and is wite Gwendolyn of Calgary; eight grondchildren: wry eres Sask predeceased by her husband Lionel in 1985. WOJSIECHOWSK! — Maria Wojciechow ski of Nelson died Oct. 23 at age 86. You don't need writing talent to write for profit . . . all you need is a list of items you'd like to sell . . . good things that you no longer enjoy, but that someone else would pay cash for. You reach that “someone” with an action-getting Classified Ad. Castlegar News Classified Ads 365-2212 SN, Vol, 42, No. 90 CASTLEGAR, BRITISH COLUMBL ~ WEDNESDAY, NOVEMBER 8, 1989 WEATHERCAST Tonight: Overcast skies with periods of rain, Lows 3-4. Thursday 9 The outlook is for unset tled weather with periods of fain into the. weekend. Probability of ciptiation is 70 per cent tonight and 60 per cent Thursday 3 Sections (A, B &C) Changing the city landscape Above, Bel Power electrician Bob Wilson (left) and electrician's helper Mike Cormie dig trenches for underground light wiring at the Zand 3Ai ge in Castlegar. The stoplights will be wired to work when activated by traffic and should alleviate driver frustration during rush hour, says Dave Johnson, manager of the newly formed power company that contracted with the Ministry of Highways to do the job. Left, City of Castlegar street maintenance man Phil Koochin (: di and city P Alf Amb cut down the retaining wall in front of the Kinnaird Hall to improve vi jity on the corner. The hill above the wall will be landscaped when the wall is removed. Heritage funds go to Moyie KASLO (CP) The Kootenay Lake Historical Society received a ~$250,000 grant preservation work on the S.S. Moyie, the oldest surviving sternwheeler in Western Canada Royal Theatre in Victoria,"’ said Mike The Moyie, also designated a Patterson, chairman of B.C. Heritage provincial historic landmark, has been Trust used as a museum since it was beached in 1958 at this community on Kootenay Lake. It is currently undergoing a $350,000 preservation program that — wasone of them, When the application started late last year came in a couple of months ago, it Tuesday to extend “This is only the second such — wasn’thard to decide — it’sa winner designation (historic landmark) in he said British Columbia, the first being the The vessel is the oldest of six sur viving sternwheelers in Western Canada and the Yukon. The Yukon’s three sternwheelers have been metidulously restored as museums The Moyie is also one of the oldest sternwheelers in North America “When we originated this award, we had about a dozen’ such programs in line for the province, and the Moyie Government calls for bids on new highway By CasNews Staff The provincial Ministry of Tran sportation and Highways has called for bids on construction of a new project will involve the relocation of — colin said he hasn't heard an official the existing two-lane access route, a figure. government news release says ‘This will be determined by the ten “Naturally, we're very very ders, delighted,"* Trail Mayor Mare Mar Work will includg clearing the site way 22 and Rossland Avenue in Trail, colin said today, noting that the the government has announced project has been discussed for the last The ‘proposed highway — com Marcolin said four-lane highway to connect High preparing the road base, building all drainage facilities, adding retaining 20 years with some work already com- structures and, finally, paving the road monly known as the West Trail ap- pleted bed, the government says. va the_existing Highways Ministry officials would Construction is scheduled to begin I is certainly the oldest intact passenger sternwheeler in North America, and perhaps the world,” said project research historian Robert Tur ner ina recent interview “So many of them have been rebuilt that getting one like the Moyie that has been changed so little over the years, is really very special The preservation program cost shared by the federal and provincial governments as well as local interests, was arranged last year to keep the ship from deteriorating Current and former Kootenay Lake area residents contributed more than $96,000 as a result of the local historical society's Save Our Ship campaign, which kicked off in November 1987 The local money raised inspired the provincial government to kick in a $100,000 lotteries grant, which in turn helped secure a $175,000 federal com mitment The first phase of the program completed in August sternwheeler’s most serious ailments, addressed the the need for a new 30-tonne steel crib to support the sagging paddlewheeler By SIMON BIRCE Editor Local munigipalities wi join the Federation of Canadi tion of the cost of joining the FCM « an individual basi: were told Saturday RDCK administrator-treasurer Re Henderson said FCM preside George Ferguson has advised 1 regional district that, if it becomes capita — that is, per person in t district 49,110. The based on a population RDCK and all ps ticipating municipalities within privileges. That means municipalities such Kaslo, Nakusp, New Denver, Salm: bargain-basement membership fees the FCM through the RDCK instead membership if they joined the FC individually Based’ on current populatic Nakusp $130:42, New Denver $55.1 Salmo $93.80, Silverton $21.55 and Slogan $27.19 “For the smaller municipalities, it’s asteal toget in,” said Bill Herchmer of Creston which is already an FCM member Castlegar Ald agreed “H's a hell of -a-_good-deal,”” said Calderbank who attended Saturday's meeting in Mayor Audrey Moore's ab: Albert Calderbank JOHN DERHOUSOFF ... missing since Oct. 31 Missing man sought By CasNews Staff astle Nelson ROMP. seeking | ce it z ar-old 7 who went missing John Raymond Derhousot home in Blewett, southwest of Nelson 31 and t at about 3a.m. Oct car was “pete Smélter Hill at Cominco and provide not disclose their estimated cost of access to Trail from Castlegar. The Tate this year with completion sett completing the new highway and Mar- late fall 1990. ana tire pr f aging timbers found_in_the Hi-Arrow Motors continued on page A2 populations of fewer than 2,000 can Municipalities through the Regional District of Central Kootenay ata frac RDCK directors member of the FCM it will be assessed membership fees of 9.25 cents per he of ar he ional district. would then become full members of the FCM with voting as Silverton’ and Slocan would pay of the flat fee of $275 for an associate M on figures, Kaslo would pay $79.36, 3, 6,385, pays annu: $590.61 FCM, If the RDCK board vo join the FCM Castlegar’s embership fees called ‘a steal’ sence. ‘If would urge you all to join Castlegar, based on a population of membership fees of would remain th same but would be paid through t regional district Calderbank said membership in th FCM provides the City of Castlegar with’**a great deal of information It’s the only vehicle we've go deal with the federal government.’ Area J director Ken Wyllie agreed with Calderbank, saying the FCM is a “good lobby group" for raising local municipal concerns with Ottaw Wyllie mentioned the poss\bili that Transport Canada will close the control 16Wer at the Castlegar airpe as one issue in which West Kootenia municipalities could use the FCM help. RDCK directors agreed to have municipalities respond in_writing by continued on page A2 INSIDE Top movies page A6 Lottery numbers The winning numbers drawn Tuesday in the B.C. Keno lottery were 3, 14, 17, 18, 28, 32, 52 and 53. Air Cadets page B3 Rebels down page B1 By CLAUDETTESANDECKI Currently the Castlegar area has cight licenced Staff Writer The Kootenay Columbia Child Care Society, which sponsors the Hobbit Hill @hildren’s Centre and the West Kootenay Infant Development Program, has been granted nearly $41,000 from Health and Welfare Canada to conduct a study into the need for licenced daycare in the Castlegar area, society coordinator Katrine Conroy said of -the daycare facilities are designated as daycare facilities with a total of 124 spaces for children of various ages, including Hobbit Hill which can ac commodate 46 children between the ages of three and five and those of school age, said the local community care facility licencing officer However, Valerie Pitman, who works out of the Central Kootenay Health Unit in Castlegar, said several “child minding” centres and can provide care for children only three hours per day, two days a week And one of those centres is run out of Selkirk College by the early childhood education program and The society sees a need for daycare spaces and the study, which began Nov. 1 and is set to be completed March 31, 1990, is the first phase of a four-phase plan the society has drawn up to create those spaces in the area, Conroy told the Castlegar News only takes children for a few weeks every two or three The study will focus on the needs of children under ___Monthsas part of the students’ training, Pitman added three and children who need ‘‘out of school care,"* she But although the society sees a need for childcare in said . the area it cannot ask directly for the money to build a facility nor is the society guaranteed funding will be available to build a centre once the study is completed, Conroy said Money for the study is being provided through the Child Care Initiatives Fund, a federal program established last year to help alleviate the daycare shor tage in Canada, she said Any organization seeking money from the fund must begin with a study on the feasibility of the project before further funding is approved, she said, and the fund, which is set to operate for only seven years, will not provide money for an actual building if the society gets that far inits plans The society will likely have to turn to the provincial government for money to obtain a facility, Conroy said However, the initiative fund will pay for building special needs, she noted Study to focus on local daycare needs renovations on existing centres if modifications such as ramps need to be made to accommodate children with Conroy said the society, which will forma steering committee to conduct the study and a survey of com munity members who need or want the service, will also research Ways to keep anew centre running once it's built since the initiatives fund also doesn’t provide operating money to be approved she said proposal was approved in 3 Currently, 180 projects across Canada are money from the fund and about 38 of those are in B.C., But Conroy said she is happy money is being in vested _in the childcare sector and added the society's months — about half the time it has taken for many of the projects under the fund ceiving