front Park, Best Western Thunderbird Ina, Rockwood Retirement .. Wash- jon State Correctional » ALSC Architects, Soft Water Service of Spokane, Spokane Bakery Supply. & Sons Florists, Intervest and Pension Cons ts of the Northwest. Ken Geddes, Tom Oglow then wonderful luncheon at the Inn with various local te "A CHAMBER NEWS 1995 - 6th Avenue, Castlegar, B.C. VIN 4B7 + (604) 365-6313 + Fax (604) 365-5778 beautiful. I would like to give a special thank you to our tour guide, Tom Oglow. Tom was extremely informative and helpful. Thanks again Tom! The Chamber did a Superhost seminar for the Rec Centre in which 21 teenagers participated. pl gees great day and I would all of those People followed by a trip to Selkirk College and a short road trip through Robson which enabled them to see the suspension individeals who took it upon Dean Cooper, as our guest speaker. Mr. Cooper spoke about the various issues that the B.C. Chamber of Com- merce address on a provincial level but which also affects business at a local level. The Castlegar & District Chamber of Commerce Board of Directors have written a let- ter to the Federal Electoral ies Ce i voic- service. They were a great bunch to spend a Sunday with. The Chamber also had a lun- cheon with the President of the B.C. Chamber of Commerce, ing our concerns of the pro- posed revision of the federal electoral boundaries and also of our intent to attend the pub- lic hearing which will be held in Nelson on May 20, 1994, A letter was also sent to var- ious Ministers supporting the e C. Government Air Services in service and not be closed and privatized. One of the concerns to continue this service was safety and the costs relating to privatization. The Board also approved a letter be sent to the B.C. Ener- gy Council requesting a meet- ing to discuss issues and recommendations contained in their draft strategy for the Province of B.C. The Castlegar & District Chamber of Com- Canada has one of the highest rates of multiple sclerosis i ing, 1-800-268-7582 merce has undergone some minor renovations. We have installed a glass front in our Travel Infocentre CASTLEGAR CHAMBER OF counter. We will be displaying tocal gifts and handicrafts to our tourists over the summer and selling these items on a consignment basis only. If anyone is interested is dis- playing your local work, please give Marcia a call at the Cham- COMMERCE He stated “The B.C. Chamber is in favour of a visible and 100 employees) as the number one difficulty. * When asked specifically about their current access to capital, nearly half (46 per cent) of small enterprises felt that it was not sufficient to expand their business; whereas 27 per cent of medium sized firms (100-499 employees), and 16 per cent of large firms (500+ employees); felt the same way. + Smaller enterprises were more likely than larger firms to list personal savings and loans with guarantees as sources to finance their current opera- tions. Notable is the relatively low incidence of venture capi- tal as a significant souree:of broadly-based tax. We are also asking for a sim- ple collection and reporting process which should be har- monized with the provincial sales tax. ber office so that can be made. A special thank you goes out to Dave Gairns and Paul Oglow for replacing our flags at the intersection. Just to set things straight, the ber does 1 those Any ived from @ new tax that are beyond those budgeted should be used to directly pay down federal gov- ernment debt.” Other issues relating to a new tax included: should be flags every year because they get so torn and tattered. It’s just that we try and wait until late spring to replace them so they are nice and fresh for our tourists. The flags were donat- ed to the Chamber by the offices of Ed Conroy and Jim Gouk. Thank you very much. B.C. Chamber of Commerce Mr. Dean Cooper, Pr Te ‘al, keep Canada internationally competitive, and a credit system: for low income h In addition to the Aim For A Million project, the Canadian Chamber is involved in several other initiatives to address issues of concern to small enterprises and to improve access to capital. For example: ¢ The Canadian Chamber and the Canadian Bankers’ Associ- ation jointly produced a video on small business financing, directed at both the local bank manager and entrepreneur. The goal is to give the local bank manager a better of what small es must be consulted regard- ing the implementation process of any new tax to ensure we do not encounter the major changes and costs associated with the introduc- tion of the GST. Cc. dian Chamb of the B.C. Chamber of Com- merce presented the Chamber's views on alternatives to the GST to the House of Commons Standing Committee on Finance during their Hearings in Vancouver in April. Mr. Cooper outlined several issues that must ‘be addresséd before introducing a new tax. of Commerce The results of a Canadian Chamber of Commerce survey, Aim For A Million project, show that financing problems are one of a number of barriers Canadian entrepreneurs face in trying to expand their’ busi- lesb “aind créate’ jobs; CHRih- ber Chairman Phil O" Bfien business is all about and to let entrepreneurs know what their bank manager needs from them. ¢ The Canadian Chamber is chairing a 20 member “Canadi- an Business Networks Coali- tion” to implement, in cooperation with the Federal Government, a small business _networks system. ¢ The Canadian Chamber and the Canadian Labor and Pro- ductivity Centre is in the final drafting stages of a joint pro- ject survey on specific ques- tions ‘on issues ‘such as the SOPPTY Wh He kof capitiil; uses and wddquacy of capitil; diffi ing capital; told the ing C re by Linde Maer 365-2374 S CLEAN-SCENE CARPET CLEANERS * PROFESSIONAL CARPET AND UPHOLSTERY CLEANING With Complete Rinsing For Superior Results ¢ FLOOD CLEANUP SPECIALISTS © TRAINED PROFESSIONALS With Over 26 Years of Combined Experience THE CARPET CLEANERS MOST PEOPLE RELY ON key 365-8386 New faces and places Welcome to the following new Chamber members: + Robson Homestead Bed-& Breakfast .& Health ~ Pro Ci in Retreat Bed & Breakfast run by Gwen and George Mes- from Cr 426-7253 on Industry. The final report of this sur- vey will be presented to the Federal Government. Although i Inc. fi csegrtonn hirer esa wear smn at 365-5613. the Standing C is studying access to capital for small business, the Canadian Chamber told members that the issue must be put into the prop- er context. The Aim For A Million sur- vey reveals that our country's total government debtload, it non-competitive taxes, it's inadequate education system and the major difficulties of small enterprises have in reach- ing export markets are also sig- nificant barriers to starting and growing small business in Canada and creating jobs. The survey, sent to 6,000 entrepreneurs across Canada earlier this year, has a response rate of 25 per cent. and, overall satisfaction with access to capital. oe Wednesday, rv 11, 1994 SUN STAFF PHOTO Karen Kerkhoft Castlegar Primary School students entertained siblings, parents and friends at a Mother's Day concert held last week. Students sang songs in Russian and English. The difference between term and permanent insurance - The insurance industry would lead us to believe that there are basic types of Life Insurance, value. However, as you continue to make these additional pay- ments into your policy and if the management and investment per- formance of the company you purchased the policy from is good, your cash reserve of cash mporary (term) and p (whole life). ‘Term insurance is exactly as its name implies. You buy a specific amount of insurance at a set price for a defined length of time or term. The period of time or term of the policy comes in incre- ments, such as one, three, five or ten years. ‘Term insurance may also be sold to specific ages, such as term 960, 75-06-00 (The common of all. term i policies is that if you die within the term of the policy, the policy pays. However, if you do not die within the term of the policy, your policy expires and no resid- ~ual of cash value exists. Term insurance is similar to your auto- mobile and homeowner's poli- cies, Permanent i insurance is slightly CASH CORNER Stephen Hili value will begin to grow rapidly several years into the policy. The reason for this increase in ¥RNT cash value is duc to the magic of compound interest, as paying for your insurance and use the cash reserve to pay the future premiums. You can take a policy loan HOMETOWN PR@UD 2717 Columbia Avenue, Castlegar iday, Saturday, Sunday May 13, 14, & 15 Special 7" Cake BLACK FOREST CAKES i LEMON LAYER CAKES on GIGANTIC CASE LOT SALE! Look for may MORE Outstanding CASE LOT SPECIALS from your cash value for p or investment use. If you choose the investment option, the interest you pay on the policy loan is tax deductible, and the one policy option I strongly recommend. You can also elect to take a paid- up policy or receive an income from the policy. The flexibility is wonderful-afid the benefits can be substantial if your maintain your life insurance over your whole life. Hopefully, you now under- stand that there are only two » basic types.of tife insurance, term and permanent. Also, I hope that well as the tax-deferred status on this growth, for as long as the reserves remain within your poli- cy. Of course, RéVenue Canada limits the amount of money you can.put into your policy.. These tax implications are very compli- cated and your insurance or tax professional can explain them to you. Suffice it to say, permanent life i more Tr, it too is exactly as its name implies. insurance starts with a base of term insurance, sets the price based on your age and a defined period of time, with that being your “Whole Life”, hence the name. Actuaries, (people with large calculators), then calculate how much additional money is required to keep your policy in force for your entire life, until you seve die and the policy This sasicioa money goes into a cash reserve and earns can be an Ll long-term tax planning vehicle. Once your cash reserve grows to a respectable amount you obtain many valuable policy options. These allow you to uti- lize the cash reserve in your poli- cy, without cancelling your life insurance. Although cancellation is an option it is one I would strongly discourage. You can elect to stop See CASH 22a Players Wanted Men's Field Hockey ~= B.C. Summer Games The Kootenays needs a men's grass hockey team for the 1994 B.C. Summer Games, July 21 - 24, in Kelowna. No experience necessary Practices Wednesdays Lions Park, Nelson, 7 p.m. Contact: Castlegar: Steve Miros 365-5707 Nelson: Art Stock 825-9508 ‘Trail: Brett Pedersen 367-7955 FROM O MEAT DEPAR‘ Canada Grade A CROSS RIB ROAST Bone in + 5.49'kg. DAIRYMAID APPLE JUICE $ 12/1 Ltr. 49 Lh,. + 98 case TELL-0 JELLY POWDERS $ Asst. flavours 12/85 g. SAVARIN FROZEN MEAT PIES Beef, Chicken, Turkey 12/200 g. $628 IGA CANNED VEGETABLES $ Asst. varieties 12/341 to 398 ml. KRAFT MACARONI DINNER 12/225 g. 878 PEPSI - 7-UP PEPSI MAX $ DIET PEPSI 24/355 ml. Taxation Amnesty Program Notice to Businesses For businesses or individuals who have failed to remit taxes collected from customers, or have failed to pay taxes due on purchases for their own use. Businesses and individuals have from now until June 30, 1994 to pay or remit taxes owing without penalty. These include social services (sales) tax, hotel room tax, motor fuel tax and tobacco tax. Interest will apply to tax owed. After June 30, 1994, a 10-per-cent penalty applies to all second- time errors. The 25-per-cent and 100-per-cent penalties will still be charged for willful non-payment or non-remittance. Government will step up tax enforcement and collection beginning July 1, 1994, with additional resources to identify recover ding taxes and apply appropriate penalties. During the amnesty period, voluntary disclosures may be made by telephoning or writing to: Executive Director Consumer Taxation Branch Legislative Buildings Victoria, British Columbia V8V 2L9 Toll-free phone: 1-800-663-3710 All matters pertaining to the disclosure are protected under 2 in the | L and will not be used for any other purpose. For further information pick up a copy of Bulletin 034 at your nearest Consumer Taxation Branch or government agent office or call the toll free number listed above. eo | Province of British Columbia Ministry of Finance and Corporate Relations are migrating fish, especially River Walleye. They can travel great distances at a time, even miles. be very frustrating unless you know where to: *-vomg,,,, Here are a few basic areas to find Walleye: eddies, flats, gravel bars, deep troughs. I usually fish the Columbia ‘River, which has an average h Of-approximately ten to thirty feel, as Well as ome isolated holes of forty to sixty Feet }inithe early’ season the water Warms up, and the males begin to move up'dver, 6: k Out ateds.16 spawn ini the ‘up-and-coming season. As thie walér corres to, watt; females 12/10 oz. case migrate as well to meet the males. SUNBURST INSTANT te ine a ese any eam | [NOODLES = ¢ 378 = case The results show: + When asked about the diffi- culties in financing their cur- rent operations and/or future growth, access to capital was chosen by 72 per cent of small business respondents (less than MONEY'S PIECES & STEMS $ OLD SOUTH & | ORANGE $ JUICE Reg. 6/355 ml. interest and/or investment income IGA TOMATO SOUP “@ CANADA LIFE ome In or phone about the Disability Income Protection Average Premium as low as $250/yr. Cliffe Churches Insurance Specializing in: Family Insurance ¢ Disability Income ¢ R.R.S.P. 614-18 St,, Castieaird Plaza © Castegar 365-6136 Licensed & Sponsored through Canada Life make contact with the Walleye you will know th¢re will be more, —— Walleye travel in schools. The hits will be JIL aE you 24/85 a slight bump set the hook. Fish Walleye witlt fight spinning’ gear, an assortment of rubber tail jig, Rapalas, or anyother lure. Good luck with your Walleye fishing P,S. Goné Fishing FISH FOR THE Support Catch & sdvdisalsd od sal dedleddndodedod nile Mountain Valley Sports Fishing & Tours (Are You New \ In Town? We can help you find your way around. HOMETOWN PR@UD 100% B.C. OWNED AND OPERATED (2° We now accept We’re out to meet you! arrange an appointment Y, ‘ediscuss financing and management services. A Federal Business Develop- ment Bank representative Accessible Debit Cards a 2717 COLUMBIA AVE., CASTLEGAR 365-5336 ( are e produce all signage tocatly, \ will be i - Fare yom oe from beget concepts, through Call Marie ‘ ee Ni 1 munity a visit in the next 3 few days. Call today and ““| and training). at Castlegar on May 18, 1994 Telephone 1-800-667-7579 DWAYNE D'ANDREA OPERATIONS MANAGER 2523 6th Avenue, Castlegar, B.C. VIN 2W3 Telephone: (604) 365-5771 or 365-2699 “EXPERIENCE A CANADIAN SECRET” also preriee painting contacts for & applications. Phone us for your @uote. 2327-Gth Ave., — While Quantities Last — Sale dates: May 11th thru May 14th 4 fa ete MO AF et eee idiidehidiinbndiay titre alae ee