ENTERTAINMENT

WEDNESD. July 8, 1992

Basi | ESS Business news? 365-5579

WEDNESDAY, July 8, 1992

3B

—

MICHELLE WRIGHT

ence is the United States and in
her native Canada, where she's the
Canadian Country Music Associ-
ation's reigning Female Vocalist
of the Year.
SAWYER BROWN

Wildly successful as one of
country music's top edge-of-rock
road bands, Sawyer Brown hit
paydirt most recently with one of
this year’s most poignant ballads,
Mark Miller's critically acclaimed
composition, "The Walk". The
single release was a high impact
recording for the band, hitting the
top rungs of Cashbox, the Mac

believe in
the song's

something

that I feel

strongly

~ " about.

Every one of my songs on my
new album is very special me.”
For Now and Then, her second
album for Arista Records,
Michelle found songs that tap
deeply into powerful emotions:
the tough minded "Take it Like A
Man", the vulnerable “now and
Then"and the pai reflective
“He Would Be Sixteen” all guar-
antee Michelle an increased pres-

Report, R&R, Billboard and
Gavin. Sawyer Brown celebrated
its tenth year in 1991. It all started
when Mark Miller and Gregg
Hubbard met in college and began
writing songs together. The two
headed for Nashville in 1981, and
hooked up with bassist Jim
Scholten and drummer Joe
Smyth. As the band Sawyer
Brown, they won Star Search,
ultimately signing with Capitol
Records and becoming the first
and only band or group to ever
win the Country Music Associa-
tion's prestigious Horizon Award.
In the years that followed, they
became the most successful tour-
ing band in the business, and
released hit after hit; "Step by
Step", “Betty's Bein’ Bad", "The
Race Is On", “Did It For Love",
"Shakin" and now from their
album Buick, "The Walk”.
PATRICIA CONROY

With a unique vocal style, a
number of country music awards
and a successful debut album,
Patricia Conroy has become, over
the course of a relatively short

Headlining Hedley for the ‘Blast’

professional career one of
Canada's most respected voices in
Country Music. And now, brim-
ming with confidence and wealth
of strong material, Patricia retums
with Bad Day For Trains, her sec-

Patricia

stretching

out as a

songwriter, The album's title cut is

a collaboration with Ralph Mur-

phy while three other songs are
Patricia Conroy solo c iti

PAULETTE CARLSON

When Paulette began centering

on her solo project, the first thing

she did was begin to write. She

was raised in rural Minnesota, in a

music-loving family. She

toured with a number of bands

and won Minnesota's Female

Country
Vocalist of
the Year
Award. In
late 1986,
Paulette
and High-
way 101
Hrecorded
S| their Carl-
son-penned
debut sin-
gle, "The
Bed You Made for Me." The song
was one of those natural success-
¢s, heading straight up the charts
and establishing Paulette as a top
artist/writer,
PIRATES OF THE
MISSISSIPPI
These band was named Top
New in 1990 by Radio &
Records, and took home the
Academy of Country Music's Top
New Vocal Group nonours in
1991. Their new album, Walk The
Plank, is heavy-duty heartland
music that rushes you across
Texas, up into Georgia, through
Nashville, out to Denver and on

July 10-12

to those less-charted territories
where emotions roam free. The
Piratge crew consists of guitarists
Rich Alves and Bill McCorvey,
drummer Jimmy Lowe, bassist
Dean Townson and Steel guitarist

Pat Severs. McCorvey is lead
vocalist.

Ed. Note: These artists repre-
sent only a small portion of the
country-music talent that is
scheduled to perform at the Hed-
ley Blast, set for July 10-12 in the
tiny town of Hedley B.C.

SUBMITTED

The first class of the 1992
Kootenay Lake Summer School
of the Arts began on July 3. Art
Therapy with Monica Gold had

the honour of leading the way
this year, but a variety of other

Drop-off Depot

arts — yd
ROYAL CANADIAN LEGION >
= Branch 170 —€é

Mon. - Thurs. 2 pm - 10 pm
Fri. - sat. 11 am - 11 pm
Special events will be announced as they are scheduled.
Guests wtih members welcome!
248 Columbia Ave. Castlegar 365-7017

HE
MOVIES

SHOWING: 8] [9]
bs
<~ &%
BATMAN ‘

RETURNS

JULY

STARTS FRIDAY (77)
1] FRiM \

He lett
behind

STARTS suv
FRIDAY §=17

WHOOP! GOLDBERG

he knew
for the
only thing

po--9e---- ee
1 ENTER TO WIN A FREE MOVIE PASS

| TO THE CASTLE THEATRE We
'

H Name

} Phone

1 Weekly draws! No photo copies please.

features hands-on a

courses, and deadlines, are fast
approaching.

Doranne Crable impressed
her students last year with her
ability to get them to open up
and release their creativity. This
summer she offers Personal &
Cultural Identity: Individual
Stories in Collective Expres-
sion, a workshop where individ-
uals will explore movement,
gesture and dialogue tech-
niques.

Using common themes and
individual stories, memories
and myths, the group will create
performance pieces which tran-

Car buffs

SUBMITTED

In Greenwood, British
Columbia, the smallest incorpo-
rated city in Canada, a yearly
gathering of “car buffs” puts
some adventure in an otherwise
peaceful and serene summer in
this quiet Boundary area valley
Just an hour east of Osoyoos and
half an hour west of Grand Forks.

Organizers are hoping to make
Car Meet ‘92 the best ever. First
organized in 1988 by John Mathe-
son, now of Midway, the event
was staged just three weeks from
the initial discussions, a feat that

scend the individual persp
and expand the collective
vision.

Crable and Terry Setter get
together'to lead the workshop
Meaning Movement & Music.
Students will investigate the
interface of poetry, motion and
musical accompaniment.
Doranne will work on interpret-
ing text through voice and
movement, while Terry will
explore text interpretation
through mysic, Both these cours-
€s require minimum registration
by this week

Jazz enthusiasts take note:

preparing

seems almost impossible to repeat,

In that first meet only three
classes were featured: classic,
special interest and vintage. A
total of 52 cars were exhibited
and the day of showing and judg-
ing was topped off with an open
air dance. .

The idea of continuing the
meet as a tradition was taken to
the Greenwood Board of Trade
and in 1989 it was established as
a yearly event

The success of the vent and
growing interest was fueled by
and contributed to the entrance of
cars south of the border, from

Some openings still exists in
Jazzworks with Walter Zuber
Armstrong. Sign up for the
evening workshop or book some
one-on-one time with this jazz
great, but do it soon!

Marbelizing Fabric with
Judith Burley needs sufficient
registration by July 10th in
order for it to run. If fabric, or
paper, is your medium, register
now to study with this wonder-
ful teacher.

Greg Kozak will explore the
rich cultural tradition of west
African music in African Drum
and Dance. This workshop fea-

pproach

tures a hands-on approach, and
the class gives a public perfor-
mance on the last day. All instru-
ments provided.

A grand total of 65 courses
being offered from now until
August 23 means KLSSA has
65 registration deadlines
approaching. So keep in touch
with your summer school!
Don’t wait until the last minute
to register. Visit the KLSSA
office at 802 Baker St. in Nel-
son and check out the show in
our gallery, or phone 352-
2402

eee

for Greenwood meet

Lewiston, Idaho to Spokane
Washington and exhibitors from
as far away as Medicine Hat,
Alberta and points in
Saskatchewan as well as most of
B.C. including Victoria,
Nanaimo, Clearwater, Prince
George, and 150 Miles House
Local entries came from Kelow-
na, Oliver, Creston, Trail and
Grad Forks.

In 1990 more activities were
added to the program — a Swap
Meet, Open Truck and Post War.

Addition of a parade, power
lifting competition, soap box
races for the kids and remote

@ July8 Happy 3rd Birthday
David - from
Gramma

& Grandpa

Happy 3rd Birthday
David Leamy -
Monique, Sean,
Pamela

Duncan Morrison
from - Kevin
& Justin

Paper is published.
Pick Up Your
Royal Treat
At The

Dairy Queen

HAPPY
BIRTHDAY

Happy Birthday &

Dairy
Queen,

WE TREAT YOU RIGHT’

@ jJuly7 Happy Birthday
Mom from - Kevin

& Justin

Happy Birthday
Mom from - Geoff
& Jeannie

Happy Birthday
Verna Taranoff
from - The family
Happy Birthday
Baba - love Keith

© July 16

@ july 16

© July 16

control races in 1991 made the
even even more popular with the
entire family.

The local car club, Kettle Val-
ley Classic Car Club, help _pro-
mote the Greenwood meet in
other areas and donate trophies
for best interior, best engine, best
Paint, best rims, best club sup-
port, and best dressed couple at
the dance.

This year the classes include:

Vintage Cars, Super Stock, Open
Truck, Semi Modified,-Pro and
Custom, Stock, Modified Pro
Street. This lineup will give
everyone a chance to show off
their pride and joy.

All in all this weekend festivi-
ty is a good time for participants
and onlookers alike. It is one of
those rare events that will appeal
not only to dad who is interested
in the power part of the equation,
but to mom who will appreciate
the design and execution of inte-
Tiors and paint jobs, and junior
will enjoy watching or participat-
ing in the soap box and radio
controlled events.

So, if you're looking for a
Place to go and some fun to have
on the July 18 - 19 weekend,
head out to Greenwood in the
heart of the Boundary Country.
You'll find fun for the whole
family.

And if you are interested in
entering your own automotive
beauty, call Art Young at 445-
6649 for details on registration.

SUMMER FUN

Pub

651 - 18th St.
Castlegar

MN

EVERY
WEDNESDAY NIGHT is

BREWSKIES PUB

COME ON DOWN
AND SPIN THE WHEEL

You chance to win cash,

THE LADIES IN THE KOOTENAYS
ARE SPECIAL TO US.

Brewskies AM
HAs "

“Ladies Night" at

OF FORTUNE

clothing, Jewellery,
dinner and more!

brow

Glance

Errors and omissions
Roadside Place Fishing Sup-
Plies is now M&J Sports.
John and Marge Ray are the
new owners and Steve Browne
is the new manager. They
invite all fishermen to visit
them and see their complete
line of fishing gear and live
bait.

Under pressure

Sign Tech Services of Thrums
has added a hot water, oblique,
steam, high pressure mobile
System to their business to bet-
ter serve their customers. Sign
Tech boasts that their system
is one of the best on the mar-
ket. They are able to pressure
wash just about anything
including tractors, trailers,
skidders, boats, and signs as
well as degreasing engines and

Supervalu will soon have an
in-store deli/bakery counter.
Customers can look forward to
fresh salads, deli meats and
bakery items at the Castleaird
Plaza location.

Road upgrading
Someone must have forgotten
that there was going to be hun-
dreds of cars in Robson for
Sunday Sunfest i

The family cottage meets the tax collector

Do you own property other
than your principal residence
— typically an investment or
vacation property? One of the
best guidelines I’ve seen —
and you can get a free copy —
could help you save thousands
of tax dollars.

Last February's budget pro-
posed a change in claiming the

Gains/Real Estate Ne :
KPMG Peat Marwick Thorne,
Suite 1200 One Toronto Street,
Toronto, Ontario MSC 2V5;
Attention: Michael Hearty.

The new. rules pro-rate the
amount of capital gains
exemption you may claim if
you owned the property before

capital gains exemption on

Property profits (excluding

your principal residence or
used in a business).

If it’s a good investment
move, you might want to sell
the property now to maximize
your use of the capital gains
exemption.

In other cases, you might
want to keep the property in
the family. You can still trigger
the capital gain by transferring
the place to a family member
or company you own.

But the wrong move could
cost you thousands of tax dol-
lars, warms Peat Marwick
Thorne, chartered accountants.
(Your can get a free copy of
the firm's eight-page newslet-
ter from a local office — check
the phone book’s white pages
— or by writing to Capital

last March. (If you bought
Property since then, a future
profit will not quality for any
of the exemption.)

The formula is this: (a)
number of months you owned
the property through February,
1992, divided by (b) total num-
ber of months you owned the
property, times (c) the profit.
That’s the amount that quali-
fies for the capital gains
exemption (assuming you
haven’t used it up).

Because of the formula, if
the value of property you

Owned before last March stays
the same or drops, it will cost
you more in tax the longer you
wail to sell or otherwise lock
in your gain. On the other
hand, if the value increases at a
rate at least equal to the rate of
increase prior to March, there
should be no tax penalty for
keeping the property —
assuming the rules don’t
change again.

Example One. Husband (H),
who is in the 50-per-cent tax
bracket, and Wife (W) have
their full capital gains exemp-
tion available. H owns a cot-
tage, bought in September,
1987, for $100,000. In August,
1992 the place is worth
$200,000.

H transfers the cottage to W
as a gift at its fair market value

~ $200,000. (He has to tell
Revenue Canada he doesn’t
want the automatic spousal
rollover to apply. That rollover
sets the transfer value at his
original cost — $100,000.

In August, 1996, the cottage
is still worth $200,000 when
W sells it to a third party for
cash.

Under the new rules, H can

Summer travel protection important

because the sealcoaters were

SUBMITTED

purchase it but they can extend its

hard at work on Broad
Road. It made for a very slow,
hot and dusty trip to Pass
Creek Park.

da at the Castlegar Airport is
joining the re-cycling move-
ment by having all of Trans-
port Canada’s office paper
collected and sent to the recy-
cling station. He is hoping that
all the other tenants on the air-
port site will join in.

Busy June

The Fireside Motor Inn reports
a busy June. Their no vacancy
sign was on more times than it
was off. They attribute their
busy month to the excellent
service they provide to their
travellers, visitors and golfers
taking advantage of their
excellent golf packages.

Happy campers

Kootenay River Campground
reports a busy June with more
campers staying for longer
Periods of time. Campers from
as far away as Germany have
been impressed with the
Kootenay’s scenery, dams, his-
torical sites and it's many
other tourist attractions.
Kootenay River Campground
has added a laundry mat to
their list of conveniences and
the finishing touches are
underway for the on-site
restaurant scheduled to be
opened soon.

New ma

Anthony's Restaurant has been

sold and is now under new
ement. 2 for 1 pizza is

still available and they have

new summer hours.

Pedal power
Congratulations to Castlegar
Bicycle & Sport who supplied
the two mountain bicycles to
the Castlegar RCMP bike
patrol.

Quality Service :
Downtown Shell is now an
authorized BCAA repair cen-
tre.

Tax Free!

For the month of July, Bon-
nett’s Men's Wear in down-
town Castlegar is picking up
the tab for all GST & PST.
Heather invites you to take
advantage of the savings.

Phone 365-5579
with your
business brief

If you're in the process of
making summer holiday plans,
there are a few insurance items
that could be a big help if the hol-
iday goes less than smoothly.

First, if you plan to drive to
the US, your Autoplan insurance
Provides all of the coverages and
No-Fault accident benefits you
have at home. ICBC will look
after any medical expenses if you
or any of your family are injured
in a motor vehicle mishap, either
as driver, passenger, cyclist or
pedestrian.

However, you should take out
extra medical insurance to cover
any of any group injured in an
accident not involving a motor
vehicle. Your BC medical cover-
age may not be enough to handle
the huge expenses charged by
hospitals in the States.

Over the next few weeks, we
will look at a number of ICBC
coverages you may wish to con-
sider. This week — the Vehicle
Travel Protection Policy.

This policy covers you and
those you name in it if you
become stranded due to a motor
vehicle accident or the theft of
your vehicle on a business or hol-
iday trip. Coverage applies to
Canada or the US, including
Hawaii and Alaska, but not Mexi-
CO or any other country.

The Vehicle Travel Protection
Policy doesn’t pay for damages
to your vehicle or for injuries that
your sustain — regular Autoplan
coverages look after that part
Here is what it does cover:

+ Additional living expenses up
to $500 or $1000 (depending on
the number of people insured) for
lodging, meals, phone calls and
transportation.

+ Replacement vehicle expens-
€s up to $500, including rental of
a replacement vehicle, hiring a
taxi or other public transportation
costs.

* Travel expenses to return
home, up to $1,500 or $3,000
(depending on the number of
people insured) without restric-
tion on the form of transportation
used.

+ Expenses incurred to retum
the vehicle home, up to $750.

The policy is available only
for BC registered and licensed
Private passenger vehicles, motor
homes, motorcycles and commer-
cial motor vehicles with a gross
weight not exceeding 5,000 kilo-
grams. Only BC residents may

MECHANICAL
°
HEAVY DUTY AUTOMOTIVE
AUTOMATIC TRANSMISSION
°
GENE WADDINGTON
365-7006

bn to nd -_
who may not be British
Columbians. The cost is $2 a day
for one or two people, or $3 to

Claims from

When you consider that ICBC
handles hundreds of thousands of
claims every year, it stands to
Teason that some of them will be
a tad on the unusual side

One adjuster tells of a young
man charging down a US high-
way shortly after dusk when his
headlights caught an object on
the road ahead of him. It turned
out to be a small mattress from a
child's crib, confident that it
would bounce away, our motorist
drove over it.

About five or ten miles later,
he noticed a flickering in his rear-
view mirror. The back end of his
car was totally ablaze, leaving a
stream of flames down the high-
way. The mattress snagged
underneath the vehicle and the
exhaust set it on fire

Our hero bailed out in time but
his care was “toast”.

Then there were the two trav-
elers who abandoned their
Delorean just north of Lost Ange-
les when it ran out of fuel (and
you thought that only happened
to Micheal J. Fox ...).

The two set out on foot to find
a gas station. Upon returning,
they found another vehicle
parked behind theirs and an indi-
vidual feverishly working to
relieve the Delorean of its stereo
system.

They managed to subdue the
would-be thief for the police,

cover three or more people.

Your Autoplan broker has
more information, including a
brochure on ICBC’s Vehicle
Travel Protection Policy.

the far side

who carted him off to jail. Later a
judge let the man go on his own
recognizance on a promise to
appear at a later date and he was
never seen in those parts again

ICBC adjusters in the Cariboo
tell the story of a cow that devel-
oped a kind of bovine “fatal
attraction” on a small, red pick-
up. Depending on the version you
hear, the cow either ran over the
{ruck or attempting to crawl
under it, inflicting a fair amount
of damage in the process.

Over the past five years,
ICBC’s adjusters have heard tales
of 3,659,000 claims and we
still haven't “heard ‘em all.”

Renting:
a better
policy at a
lower cost

If your plans include renting
or borrowing a vehicle for holi-
day or business use, ICBC has a
special policy that will give you
excellent coverage at a lower
cost than the rental companies
charge.

See RENTING 4B

claim $90,000 of his profit as
an exempt capital gain. He
then pays $3,750 tax for this
year on the remaining $7,500
taxable capital gain (the tax-
able capital gains is 75 per cent
of the full capital gain).

When W sells the property
for $200,000, she has a cost
base of $200,000. There is no
profit and so no tax.

Example Two. We have the
same H, W and original
$100,000 cottage. But now the
place is worth on $120,000
when H gives it to W at the
fair market value this August.
When W sells the place is
1996 it’s worth $200,000.

H pays only $750 tax on the
gain. When W sells the taxable
capital gain is attributed back
to H. Now — and this is a key
point — because the property
changed hands after February,
no capital gains exemption is
available. And so H pays tax of
$30,000. Total tax: $30,750.

If H hadn't given the cottage
to W, he would have been able
to claim his exemption for just
over half of the capital gain
when he sold the place in
1996. And his tax bill would

wie

ee

Zi

Please Recycle
the Sun

have been ‘only” $20,625 —
instead of $30,750.

Other ahead. Let's say
you sell the property to an
adult child for less than its fair
market value. Your capital gain
will still be calculated on the
fair market value but the
buyer’s gain will be based on
the amount actually paid —
resulting in double taxation.

PMT provides examples
and guidelines to help you
decide whether to “crystallize”
your capital gain to get the
most benefit from your exemp-
tion.

For example, you need to
work out how much of your
capital gains exemption is
available. You must also look
at costs involved in giving or
transferring property, and at
possible tax costs of increasing
your net income now,

Mike Grenby is a Vancou-
ver-based columnist and inde-
pendent financial adviser who
works with individuals; he will
answer your question as space
allows — writer to him c/o
The Castlegar Sun, 465
Columbia Avenue, Castlegar,
BC VIN 1G8.

Silver
Rattle
Antiques
301-11 Ave. Castlegar
(in Tulips Building)
365-5191

a,

10

Schedule for July 8, 9, & 12

Wed. 6:30 pm, Thurs. 9:00 am, Sun. 5:30pm _——-
* STAIRWAY TO ENTERTAINMENT - Students from STEPS
dance school in Trail perform at recital held June 25th.

Wed. 8:00 pm, Thurs. 10:30 am, Sun. 7:00 pm
* HISTORY OF ROSSLAND - This week Jack and Harry
look at school life in the early years of Rossland.

Wed. 8:30 pm, Thurs. 11:00 am, Sun. 7:30 pm
* SUNFEST HIGHLIGHTS - A look back at all the excitement
and fun of Castlegar’s annual event.

Wed. 10:00 am, Thurs. 12:30 pm, Sun. 9:00 am
* 1992 SUNFEST PARADE - The marching bands and
beautifully decorated floats were all part of this event that
started off the Sunfest weekend.

Wed. 10:30 am, Thurs. 1:00 pm, Sun. 9:30 pm
* CONCERTS IN THE PARK - This marks the 10th year the
concerts have been provided free of charge to the residents
of Castlegar. The 1st in a 5-week series features the
Tompkins Troupe from Castlegar.

re
Your
Dining
Guide

DINING
LOUNGE

Open 4 p.m. Daily

Located 1 mile South of
Weigh Scales, Ootischenia.

Ceigar, Westar and Cominco
vouchers accepted

365-3294

SUMMER HAS JUST
=~ BEGUN THE CHICKEN
- IS WELL DONE

ytime is Chicken Time!

Ceigar & Cominco meal tickets accepted

2816 Columbia Ave.

Visit the
Silver State
and
Reno Nevada!

The Paddlewheeler in the middle of
downtown Reno

Gambling Packages and Sight-Seeing
Tours to Virginia City, Carson City, Lake
Tahoe, and see Gary Morris in the
Celebrity Showrocm at the J.A. Nugget

.. Riverboat

"See B.C."
September 23-October 8

16 days of beautiful British Columbia and more.
“GIFT CERTIFICATES AVAILABLE”

CONTACT YOUR LOCAL TRAVEL AGENT