The Castlegar Sun WEDNESDAY, February 2, 1994 STENT. FSET Oe. oF Weleant Wagon reports that between mid-+Decembs wd Y he visited 10 familics. alFot whom abe new to the area. Inctuded as new neighbours arc folks ftom such exotic places a8 Vernon, Peachland. Calgary. Toronto, Vancouver, and Weene ad “ Vegetarian dog Dow: Haskell, the outdoor hor dor, wi evi jo know Se era em 1M Wow faces, new places’ @ result of tremendous: in their business Bill Dyck has CATR’ &: sorte Geiniont Bill was Buy & Sell in, Castlegar and invites iaree cin Sey s eeperion ‘The Castlegar Chamber of Commerce will again be sponsoring their annu- ‘al Business of the year awards. Watch for further details coming soon. Thumbs up ‘Tiiumbs up to 24 Hour Video for providing free videgs to the residents of Mountainview Lodge. What an excellent. community servite! — - Computer animation ‘Michael Marek of Nelson is opening a new computer animation and graphic imaging company called Artbyte Computer Animation. Simu- avy eeeedremtanmmy walk-through for architects and plan- for jon or research are just is ip obdtschengter computer extention One more smart Koote- ‘hay Business owner is cashing in on the wave of high technology. Now open Odyssey Hair Salon, located in the new Columbia Plaza, has opened | thieie @oors for business. Well-known local hairdresser. Bev Zaytsoff, ee eee ee me anid NEW ee C those consumers who are now looking for spring activities and items. Foret i ‘The 19th Hole, Castlegar Golf Club's restaurant, is looking forward to anew kitchen, bar and serving area, and a tentative March | open- ing date. Dan-and Erica are already working on their new menu and in the process of hiring new staff. Watch for ethnic night specialties. new this year. And you don’t have to be a golfer to enjoy their food' ‘Smart marketing Amtistic:-Arotnas of downtown Castlegar and Zazoo Beauty Centre in the Castleaird Plaza are joining forces this month. While you are having your beauty needs attended to by the stall at Zazoo. the col- fee will be served compliments of Artistic Aromas. An excellem opportunity to try cafe au lait or even espresso! Phone 365-5579 with your business brief SHARLENE IMHOFF — Sun Editor -* Aller more than three rp bull of corp agree to a ceasefire | ip Coudadin ue Posen PWA argued that it nevded AMR's financial infusion 10 survive. The tension beated up when AMR said 10 an cha, It’s been a tough two years for everyone involved,” said Armbruster, con “nieniinig Of the job insecurities which many ping all litigation (hat from closing its lifesa agreed 9 buy one-third of PWA: Canadian Airlines Intemational, As part of that deal, PY of computer services | years. Air Canada PP that, as.a of its b in Cana, nerd. smalareree 1 Gemini, § ae mncement is g mews, for anadinn Airlines International statis deal, both in the press, the po Il arena and . the Courts, arguing that am alliance with AMR. would give Canadian cost advantages, partner, which would that,svould force Ais Conall dpeck ih Pic 5 undermine air ’ beuste: ~atSaeapa f the: rand | loyees 91 ls ee, A ae tenet tani dispute, between. its Pate ie ba rg at ae i ing as one aployecs felt as aresult of the airline dispute. Armibeuster was quick to add that despite the ani between their two parent com- peel employees from both airlines in Castlegar have-always been on great working termi “We've always had a: good relation- AirBC) and this wasn’ about to hroughout the C: Air- tines systen,' those in Castlegar, committed their em to the vig te s restructuring "by, way of an employée inve: As a result, employees ‘of “IF it had not been for to take-this 6n, banks and tors Probably wana souhave bought zea he Balai, gram. Armnibruster said: Creative financial planning pays big dividends “I want to thank you for saving me a lot of money,” started out my New Year's present, a letter from reader G.S. “Three years ago, when I was 68, you woke me up to the fact I could split my CPP pension with my wife. I was never tipped off by anyone else, not even Revenue Canada when I owed them money.” Financial planning that $9 complex these days it 10. watch for tax and investment tips in the paper, at seminars and so on. This comment from G.S. helps answer @ question from J.S. who writes: “J will earn about $52,500 this year while my wife earns about $5,000. Can I give her some of my earnings to lower our total tax bill?” No, you cannot have your wile declare moncy you earned. But perhaps you can use. one of the following ways to split or shift income; Apply to Ottawa to have your CPP split (as G.S. did), once both of your are 60. Pay all the bills so your spouse can invest the family’s savings (in her lower tax bracket). Pay your spouse to work in your self-employed busi- ness, even if it’s a sideline or rev- enue property, Have your spouse declare all traced back to capital earned. inherited or won by your spousc. Contribute to a spousal registered retirement savings plan so funds withdrawn in the future (subject to certain rules - see Next ques- tion) will be taxed in your spouse's lower bracket. “Our tax preparer wid me to stop contributing to a spousal “RRSP for my 68-year-old wife because of the threé-Scar waiting period. Docs that include the special S6.000 pension rollover?” - Yes, if we * ite withdraws a lump sum, or takes payments above the minimum after rolling accoumaht has gotten mé a tax credit or\my Canadian return for the U.S. tax deducted from the U.S. stocks I-hold. Are these two her-(spousal) RRSP into a RRIF different things, ‘or is my accoun- (registered retirement income fund), you will end up paying the tax on this income to the’ extent you made any spousal contribu- tion that year or in the preceding two years. tant wrong?” - T.Gy The dividend tax credit relates to dividends teceived from Cana- dian stocks; you received a for- eign tax credit for the tax paid 10 the U.S. Your accountant is However, if she takes only the doing a fine job! minimum RRIF withdrawal or buys-an-annuity with her RRSP, “You say a $30,000-$60,000 taxable income is taxed at 40 per this three-year rule is waived or —cent_or_so but when I divide the she will report the income. “My child inherited money in trust. It went into Canada Sav- ings Bonds, then strip bonds What taxes ‘does the child have to, pay?” - B.C. The child must repon the inter- est cammed cach year - even if the moncy isn't paid out (as ts the case with a compound CSB. strip bond of compound GIC). “You once sdit in Youre tim that dividends! Paid ox foreFih stocky don't quality yor the Cana- dian dividend tax credit, but my ) Percent tax on every additionm |! tax-paid by such income it's-more in the 30 per cent range. Am I missing something?” N.G. Your calculation gives you the average tax rate: total tax divided by total income. More important is the marginal tax rate - That is, the amount of tx you pay on the next doll: of income. Once your taxable income passes around $30,000. you pay more than 40 ‘Wolf up fw trount S60.000! compared with only about 26 per cent tax below the $30,000 mark KSCU launches new RRSP product Submitted Tue Ric RRSP DECISION FOR TODAY’S ECONOMY "in téday’s volatile economy, how you allocate your RRSP investment ete caja -cammpaabreece dope eves boreal Kootenay Savings Credit Union has intro- duced ‘a new istered Retirement Savings Plan prod ied StockLink. StockLink i the istics of a-g rate of return like a regular term deposit plus the capital gain potential of the stock market StockLink combines a@ term deposit, where both the amount and the base interest of 2 per cent are fy tones rete in five per cent of any increase in the Toronto Stock Exchange 100 Index is paid at maturity Should the TSE 100 decrease. the investor still receives the base rate of interest. Investors can also Jock in the gains made on the TSE 100 prior to maturity. The TSE 100 is made up ‘of the largest companies traded on the Toronto Stock Exchange in terms of aggregate trading value. During 1993, the TSE 100 Index showed a gain of 26.29 per cent. StockLink qualifies for deposit insurance Corporation of British Columbia, a govern- ment corporation, which protects all credit union depositors. up to a maximum of $100,000. “StockLink is an ideal investment for any- one Who wants to take advantage of gains in the stock market, yet wants some protection in the évent that the stock market docs not per- form well”, says Brent Tremblay, Division Manager of Marketing and Planning at Koote- nay Savin; StockLink is available to, March 14, 1994 *yeats. Jae og a to 75 Collaboration m ‘Submitted A unique collaboration between TWA-Canada and major companies in the British Columbia forest industry has resuited im a program to improve health and safety practices on and off the job. The organization responsible for the program is the Safety under the Credit Union Deposit. Insurance and matures on March 15, 1999. eans greater safety for workers Advisory Fund for Education _ h (SAFER), manufacturing operations part*of the 1988-91 Coast and Southern Interior Master Collec- live Agreements, SARER, long dubbed “The half-cent fund,” is financed by employers who con- tribute one’ half-cent for every employee hour worked. .» The, SAFER Council is direct- ed by union and mM Frep- Tesentatives from logging and ig! the lower Vancouver Island and southern interior. Co-chairs are Neil Menard, first vice president of the IWA-Canada National Council, and Darrell Embley, a senior exec- utive of Riverside Forest Products. SAFER has developed training programs in safety skills for - supervisors and safety directors in sawmills and logging camps and in erg: ics for workplace > Wednesday, February 2, 1994 The CastiégarSun ss, Communication is important ‘Talking it out. makes for stronger families Strong families don't jase hippen, It takes special effort One trait of a strong family’ ix that the family members. spund time talking to cach other, Every parent is busy. Time is very precious. But remember that the happy times spent with your family today, will become the happy memories of tomor- row. Two-parent, as well as sin- gle-parent, families can grow stronger just by talking together. Take some time to get to know your family members bet- ter. Share yourselves with each other: your feelings, thoughts, dreams and fears. In strong families, all mem- bers feel free to share ideas and, feelings. They are not afraid of being criticized or put down, and they know. that someone will listen when they speak. Too often family members Letters ‘Your property is concerned when your neighbor's house is on fire’ Horace My friends write so much more interesting letters than I do, so I thought that I would print (edited, of course) copies of two of them which recently arrived from below the equator. One is from John Munday, (well known through this col- is from Mary Woollams who, with her husband Doug, are know to a number of local citizens. She has a first-hand description of the recent and destructive fires in the state of Queensland, Aus- tralia. The letter is dated January 12, so we'll start with her story. She opens.with a brief account of their extended family Christ- mas and New Years celebrations, then writes: “Thank you for your phone call of concern this morning. It was much appreciated. It has been a horrific past few days—probably find thembelves in a rit. of one word answers to insignificant questions, [t's easy 0 give up trying 40. comaranicate when this happens, But that’s how small problems become big problems. When issues are not ‘brought out if the open and discussed by family, they can blow out of P ion., Effective cation is essential, to help a family build upon its strengths and work on its weaknesses. Even young children need to know their parents listen to them and are open to them. By talking with parents, children are able to build their own identity and self-esteem, , Be sure to listen when other family members talk, and make eye contact to assure them that you are interested in what they are saying. Take a break with your ‘Kids! They need-to talk in a place where there are few distractions. Tn the: car turn off the radio, at home turn off the TV. A meaningful touch on the arm at the right time can go a long way toward fostering open communication, or start a family discussion by trying one of these sentence starters. + My biggest goof last year was...and/or one really good thing that happened to me last year was.. * One thing | do well is elf e were the parent of this family o Tf f were the child of this fantity:. + Our family is really good at. ¢ If 1 could have my favorite meal, it would be * One thing I like about each person in my family is... Sometimes all you heed is a non-threatening “Discussion starter." Here are some ideas: ~~» If you could live anywhere in the world where:would it be? « Someone I admire very much is. + One thing that I sometimes worry about is... + If 1 was given a million dol- lars, | would spend it... The only cost is your time and the reward is a stronger family The 1994 Castlegar and District United Way cam- paign got off to an early start with a contribution from the Canadian Imperial Bank of Commerce. Chris Runion, Castlegar CIBC ‘manager, (|), presenting a John Loo. cheque to Castlegar United Way campaign Chair Photo submitted to Castlegar from a fiery ‘Down Under’ the worst experience of our lives. We attended the funeral of J., our long-time neighbor and friend, electing to go by train to Sydney (the train service is very good im-Australia) where the funeral was being held. It was a hot and dusty day and there were a few fires around but the trip itself was uneventful. The next day, Friday, January 7, our Serbian friend, M. and his lady, who live about an hour's drive down the coast, came to have lunch with us. Atabout 2 p.m. the sky and atmosphere became very dark-and eerie and resembled the last moments before nightfall. Our friends left about 4 p.m., but with- in an hour they had returned—the freeway was blocked with thou- sand of cars and people and remained that way until Sunday which, was very stressful for those who were returning from holidays with familics. They had to sleep in their cars. on roadways, in clubhouses, halls and in parks along the way from Hornby to Gosford. The same scenario was true in the south in the Hornby/Sydney suburb area. We enjoyed the three-day visit with our friends, but the smoke here was awful and they were concerned about their house in the northern part of Sydney. Therefore, neighbors were phoned and asked to feed their dog and bird and to contact fami~ ly members. The phone lines were jammed with other anxious people trying to call home as well. Meanwhile, the bush literally ded with back yard for a couple of days, but are now coming back. Some of them we are not familiar with, so obviously they have come from the burnt-out areas. About 1,809 homes have beer} destroyed, as well as factories, service stations and picnic areas, the séarimg-heat_and the wild winds. The firefighters—1I0,000 of them, some flown in from other stittes—did a fantastic job, but the bush was allowed to bum. Houses and people's lives took priority Sadly we have lost thousand of eur lovely animals—too many varieties to mention—while many of the injured ones are be looked after in private homes The birds disappeared from our —while our national parks (a source of great pride in Austratia)-have really takeln a beating. Only four people dicd—a small number compared to previ- ous fires. One of these was a fire fighter with cight children and another on the way. His brave wife said, “He. was not a hero, he would not want you to call him that. He was just doing his job.” The organization has been remarkable. The firemen, the vol- unteers, the police, APEX, Lions and the Salvation Army and other churches fed the fighters and the people who were strand- ed and the cooperation between them was superb. No doubt there will be post- mortems and ways will have to be found never to let such a tragedy happen again. Weather patterns in summer are very volatile in this and our eucalyp- tus varieties (of trees) literally exploded in the fires. Greenies (environmentalists) have become a powerful force in politics here and they do have some good ideas, but from now on, important deeigions, like con- servation, must be tempered with common sense. (The law, she had told me on the phone. is prohibit- ed the cutting of trees for fire breaks, together with the burning of nay trash and trimmings These then acted as tinder for the fire's rapid passage.) The helicopter pilots have done a fantastic job, scooping up water from the rivers and dams and flying into the smoke-filled air to drop their loads. The fires spread from Kyogle in the far north of New South Wales to Bremagui, not far from the Victorian border. The Blue Mountains are taking a bashing also—you'll remember how beautiful they once were. However, after train, the bush will quickly rejuvenate so we now pray for storms and steady rainfall. The trouble is that if and when they come, it is quite often with such intensity that houses are unroofed, crops are ruined and the rivers flood. My most vivid memory of all this is of looking southwest towards Sydney last Friday night from our sunroom (once our back deck). 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