ARTS/ENTERTAINMENT 50th Anniversary Reinsbakken Gunvor and Ivar Reins bakken are their SOth anniversary with an open celebrating wedding house at their residence They invite all of their friends to join them in cel- ebration o occasion Avenue, to 4 August 14 p.m f this touchin at 625 Sixth Castlegar.from | on Saturday No gifts please "AN ENTERT. NING SUSPENSEFUL, ROMANTIC THRILLER.” WHITNEY COSTNER HOUSTON Valley Video Castleaird Plaza 365-3777 OPEN 10:30. m U:0U0 pM 7 DAYS A WEEK AT THE MOVIES — WED THU 11 iz AUGUST jarring- Occasional coarse & suggestive language & nudity 13.14 15 16 17 18 AUG' € “TOM HANKS IS AT HIS COMEDIC Best TT ‘arm — me FRI SAT SUN MON TUE WED THU 19 TOM HANKS * MEG RYAN : SLEEPLESS “ONE OF THE YEAR'S BEST FILMS. Daring, hilarious and deeply roma antic Tina THe FINEST iM MOTION PICTURE ENTERTARONE } GASTLE hin r---% TO THE CASTLE THEATRE Name Phone — Just drop off, Castlegar Sun - 465 Columbia Ave. ENTER TO WIN A FREE MOVIE FASS Weekly draws! No photo copies please. coupon at the CLINT EASTWOOD John Malkovich Rene Russo See K-49 Author to speak about Aborigines Doctor speaks about experiences with Australian Aborigines ubmitted dr, Marlo Morgan, Biochemist, Doctor of Chiropractics, and Author will be coming to Grand Forks, August 15 at 2 p.m to speak at the USCC Centre of her experiences with the Australian Aborigines. She had worked successfully with the half-cast Aborigines who have found their way to the city, losing their culture in the process. As a regard for her work, or so she thought, she was asked to a tribal gathering some 200 kilometers away Dr Morgan walked out of her hotel at the appointed time, and was picked up by an Aborigine in an open Jeep, much to the disapproval of the hotel doorman Thus began her “walkabout™ . which would end four months and 1,400 kilometers later. During this time, she learned much about the ger to the world. Her me: Aborigine culture and was honored by them as their messen we is both inspiring and at times hilarious. Tickets to see Dr. Morgan are $10 in advance, with student's and senior's tickets half price and $12 at the door, All revenues from ticket sales will be used to cover the costs incurred in bringing Dr. Morgan to Grand Forks, and to provide her with an honorarium. Tickets a available at Badger Books, and Rilkoff's Store in Grand Forks, the Rock Creek Store in Rock Creek, the Public Library Castlegar, Oliver's Books in Nelson, Books and Beyond in Kelowna, and Caravan Books in Penticton Getting away with “murder” sure to be fun Murder Mystery and Dinner to be held at Sandman Submitted Each arriving guest will receive a Snooper Sleuths Package containing information If you like playing clue, or reading Agatha Christie murder mysterieg, you are sure to love Murder Mystery and Dinner evening of drama, suspense and intrigue set TTS T940"s- glamorous evening clothes, someone is sure There is no stage, so you to be eliminated are part of the action Exhibition of paintings by Mackie Submitted An exhibition of paintings by Gordon Mackie opens at the Nelson Museum on August 6 and continues until September 5 Watercolour and oil paintings and collage will be shown in the exhibition. Some works are from the Nelson area, and others were inspired by travels to Vancouver Istand, New York State and-Con necticul A native of Winnipeg, Gordon Mackie yraduated trom the Win which will helpthem solve the crime and eep yourself from being implicated Remember, everyone attending is filthy rich, so dig out the rhinestones and come dressed It's an to kill ustc and —— nipeg School of Art with a major in Graphic Design. After work ing in the commercial art field in Winnipeg and Vancouver, he was offered and accepted a position as instructor of Graphic Design and Drawing at the Kootenay School of Art in Nelson Mackie instructed students in Graphic Design in tum at K.S.A David Thompson University Centre and Selkirk College until his retirement in 1990. Hts work is known throughout the Koote nays for his many juried selec tions in the KRootenay-Boundary “Your own evening arire would be appro priate, but if you wish to go all out and rent an outrageous 40's costume, they are avail- able from Mountain Rose Fibreworks. in Nel- son, or the Rossland Light Opera. The Murder Mystery and Dinner will be held Saturday, September, 18 at the S Inn Banquet Roomewith cocktail hour begin- ning at 6 p.m bar, buffet dinner, dancing and a murder! Sandman There will be a no host cash Tickets are $25 per person, or $45 a cou BUSINESS e Castlegar Su WEDNES'! August 11, 1993 3B Glance Certified Terry Klapper of Trauma Care Industrial Ambulance and First Aid Training in Castlegar is now a qualified Industrial First Aid Instructor and is cer- tified to teach all levels of first aid, Congratulations Terry! New service added The Castlegar Subway reports that in conjunction with West Kootenay Kabs, they are offer- ing a free 24-hourdelivery se vice to Castlegar and area residents who order a mini- mum of 3 feet of sub sand- wiches. Genelle residents can have free delivery with a mini- mum of 4 feet of sub sand- wiches ordered. Sales rep of the month Congratulations to Peter Kopp of Castlegar Mazda, and Brian Bebelman of Kalawsky Ponti- ac Buick GMC for receiving top sales honors at their Get the whole story—read the prospectus Over the last several weeks we've discussed many aspects of mutual fund investing. But we haven't yet talked about one of the most important things you should do before you buy into any fund—read the prospectus So what is prospectus, anyway? A prospectus is simply a legal document that describes securities being offered for sale. It must be prepared in conformity with requirements of the securities commissions in the jurisdictions where the securities are being offered In the case of mutual funds, the prospectus is the single best source of pertinent information about the nature of the fund and the securities in the fund. A mutual fund prospectus normally has three main sec tions: one that highlights the fund and its securities, one that gives technical information about the fund and its method of operation, and one that contains financial statements of the fund company for recent years Reading a mutual fund prospectus before purchase is akin to reading a purchase agreement before buying a house it’s the best way to find out exactly what your purchase includes... and what it doesn’t Things to Look For Ina Prospectus There are many particulars you will want to look for in a prospectus. The nature of the fund's business is clearly explained, including the specific investment objectives of the fund and any restrictions that may apply to the types of investments the fund can make Any risk factors associated with purchase of the fund must be summarized clearly for the benefit of the potential purchaser. The tax status of the fund itself as well as the tax consequences for fundholders must be disclosed The prospectus explains in detail the management fees charged by the fund. The way the fund determines the amount of the management fees be expl and other expenses will ned, and the prospectus must distinguish between fees charged to the fund itself and fees charged directly to fundholders. Also appearing in the prospectus will be a listing of the actual individual securities that make up the fund's portfolio (as of the latest fiscal year end). Although the fund company is not required to disclose normal portfolio changes as they occurs, it must make a prospectus amendment if changes in the portfolio are significant enough to represent a material change in the fund’s affairs You'll also find the prices of securities being sold or redeemed. This will ankino”™ ra include details ‘on how, and how often Pm the fund's net asset value is Calculated and the time when the quoted price s become effective This is not an exhaustive list, but it does highlight for you some of the important information you'll find in a mutual fund prospectus, Be sure to read it. And discuss any ques tions you may have with your financial advisor before you make the purchase decision. It's the best way to avoid the disappointment of finding out too late that your investment is not quite what you thought it would be Blue Chip Thinking is a trademark of Midland Walwyn Capital Inc.. The information in this report is obtained from sources believed to be reliable, but we cannot represent that it is accurate or complete Exchange rate in KAREN KERKHOFF Sun staff cent below the average 20 per cent exchange which other comparable businesses in Nelson and Trail were offering. Castlegar not encouraging to tourists me back $14. I used to try to be close, but when they did that to me that changed my mind. It’s.an eye for an eye, and a tooth for a tooth.” Turta said some American busi- Regional Juried Art Exhibitions, his restoration of the murals in the Capitol Theatre, and most recently, his commissioned paint ing and print for the 100th anniversary of the Canadian Imperial Bank of Commerce in Nelson, and other projects Mackie had a previous exhibition at the Nelson Museum in the summer of 1991 Of these new works, Mackie said, ‘'These are images that I found interesting, and I wanted to see if anything could be made of them Some of these pictures flowed Prev and-witt be avattapte by cating I65= 8448, or 365-3039 This is a fund raising event sponsored by Kootenay Columbia Child Care Society at Nelson while others took untold hours to complete—but that's the way of picture making. I enjoyed preparing this exhibition. I hope my efforts will prove to be pleasing.’ A reception to meet the artist will be held from 7 to 9 p.m. on Friday, August 6. The public is welcome to attend. Exhibitions at the Nelson Museum are finan cially assisted by the City of Nel son and the B.C. Ministry Responsible for Culture. A small admission fee will be charged to those who are not members of the Museum Kayaking and ski-yaking at Syringa Park Come out to the park and enjoy the rest of the season with summer fun Beach. water. logs and have in common? Park and find out games What do all these Come on out to Syringa Creek After lounging on the beach in the noon-day sun be sure to Come on out to our water fun day on August 14 Now that the sunny weather has arnved, ski-yaks and kayaks are ideal excuses to get yourself wet. On Satur day at 2 pm be on hand to find out ski-yaks and kayaks. Guest presenters, Kerri Anderson and Dave Buckleh will introduce about and try out you to their respective crafts, and let YOU try them out! BREGE Y FOR RECREATION REGISTRATION NOW TAKING PLACE AT THE CASTLEGAR & DISTRICT RECREATION OFFICE PARC SOLEIL (12 -15 yrs.) 5/$35.00 Monday - Friday , August 16 - 20 The ability to converse in the French language is necessary. SUMMER IN THE PARK Fridays - 9:00 am - noon, August 13 & 20 Drop-in - $6.00 « Pre-registered $5.00 WATER SAFETY INSTRUCTOR II COURSE Castlegar Aquatic Centre Aug. 30 - 31./ Sept. 1- 2 ¢ 8:30 am - 5:30 pm FREE swim lessons Aug. 31 - Sept. 12 at the Castlegar Aquatic Centre for levels blue, green, grey and white. REGISTER NOW! CASTLEGAR & DISTRICT COMMUNITY COMPLEX 2101 - 6 Ave., Castlegar 365-3386 | ENTER TO WIN A FREE SWIM, SKATE OR FITNESS PASS TO THE CASTLEGAR REC CENTRE complements o Name Phone Weekly draws! No photo copies please oupon at the Castiegar Sun - 466 Cohmmbia Ave. yunds Ff #ure cools down After your relaxing day in the sun, when the temper and the night air has chilled, you like Syringa might encounter a few bugs. They light, they buzz and they ‘re a nuisante! Come find out more about them, and how to keep them away at Angie Metayer Park Interpreter See you there BUILT-IN VACUUM SYSTEMS + NO Bags to buy + NO Filters to clean + 4.1 peak horse power + 140" water litt + 10-year motor warranty (Other models available) 365-5087 PRINCE RUPERT: 30 p.m dunng “Bugs Are Us! The week will draw to a close Sunday moming at 9:00 am. with Jerry's Kampe where your children can play games and find out how to become a proud player 1993 Follies Submitted A Castlegar woman, Utako Kambara, will be part of the Crew that is presenting the Gold Fever Follies. Kambara will be the accompa- nist for the rollicking musical fol- lies that are showing twice daily until August 28 in Rossland The Follies, held in the Ross land Miners Hall, are a guaran- teed good time for all. Tickets are available at the door. Show times are at 3 p.m. and 7:30 p-m.. Come out and join the fun See photo 11B + TERRACE - : + SMITHERS ACROSS B.C., ALL SLUMBER LOOGE INNS & MOTELS ARE OFFERING FREE BREAKFAST SPECIAL OR CONTINENTAL FARE. SOME RESTRICTIONS APPLY. Call 1-800-663-2831 FOR RESERVATIONS fespective car dealers for the month of July. Well done! Wanted The Federal Business Devel- opment Bank reminds us that time is running out for nomi- nations to be received for either of the two business awards presented by the FBDB. The first award is for Young Entrepreneur of the Year and recognizes outstand- ing entrepreneurs age 29 or younger. The BC New Canadi- an Entrepreneur Awards hon- ours successful entrepreneurs who were not bom in Canada To nominate yourself, or someone else, call the FBDB at 1-800-667-7579. Now open KFC opened its doors in Castlegar on Thursday August 5, shortly after Piner idge Paving finished paving the parking lot. By all reports, it has been a busy week for them New faces, new places Gail Voykin and Larry Chme lyk have opened Castle Brew and beer making sup ply business between Eastgate Gardens and Castlegar Machine and Chrome. They offer a wide range of wine and beer making supplies as well as on-site brewing. Check it out soon! a wine Sign of the times Colourmix has recently com. pleted the design of Kootenay Plumbing Supplies’s new logo and the installation of their sign Foret Castlegar Golt Club reports that July was a pretty good month that improved once the sun shone. A lot of visitors from Washington are using the hotcl packages and the parking lot has been busy with RV’ers who add a round of golf to their vacation. Hot off the press The Castlegar Chamber of Commerce's 1993/94 brochure is hot off the press. It features some new photos and shows off Castlegar’s best visitor aftracuions. Special promotions Inland Expeditions Company Ltd. is offering a special rate fer businesses thinking of hav ing a staff party or even for staff members who are book ing full-day expeditions. You can have your choice of a free t-shirt or a 20 per cent dis count. Now that the weather has improved, give Gnitchin a call and explore the Kootenay Greg Phone 365-5579 with your business brief Ate we dome aitwe can to assnre that tonrsts tert welcome in Castlegar? Do we smile and offer a friendly hello when they frequent our place of business? Do we encourage them to spend their hard-earned money in our establishments? Do we give our American neighbors a fair rate of exchange on their dollar? At a time when the Canadian dollar has plunged to a low of around $.73 American, and local lending institu- tions are paying between 27.06 to 27.50 per cent exchange on the American dollar, almost half of Castle- gar businesses in the service industry polled were only giving ten per cent return on the American dollar. Add British Columbia's 13 per cent tax, and most Americans will be losing almost 30 cents on their doilar while visit- ing in Castlegar. For the most part, Castlegar businesses were ten per tr-Netsor-and-Fratt; out of t3°c polled in the service industry: one was. paying 19 per cent; 11 were paying 20 Per cent; while one was paying 24 per cent. Of the 13 similar Castlegar businesses polled: six were paying ten per cent, two businesses were paying 15 per cent; two paid 20 per cent; two paid 24 per cent; while one business paid 25 per cent. Only one businessman, Ernie Turta, owner of the Fireside Inn, was willing to comment on the disparity between the exchange rate given by local lending insti- tutions and that given by the Fireside Inn. Turta explained that. up until last year he willingly gave between |7 and 20 per cent on the American dol- lar, but that changed after his recent visit south of the border. “I gave them $20 Canadian, and they only gave Tesses even Tetused 10 take Canachian MONEY, * “If they treat us right we'll teat them the same.” Castlegar Chamber of Commerce Manager, Renee Read said when tourists visit, the Chamber’s suggestion to them, should they need to exchange money, is to go to a bank. “We tell them to go to the banks—that’s their best bet. The banks give the going rate.” Read said it is up to each individual business to determine its rate of exchange. “I think the businessés do it on what they think is fair.” Some of the Castlegar businesses which gave the highest rate of exchange were: SuperValu; and Castlegar Foods, which gave 20 per cent, while Pharmasave and Safeway gave as much as 24 percent and Taylor’s Place Restaurant giving the most at 25 per cent Tightening of the capital gains tax rules The capital gains tax rules have been tightened on making money through revenue proper ty. So people are looking more of the B.C husband had told the tax audi these transactions were adven build and sell four houses so the fifth eee nee renee eerer ees He ee TAXES 10B tor his plan was to buy tures in the nature of trade and This is your new Premier closely at money a= LIBERAL PARTY OF B.C. LEADERSHIP FORUM The public is invited to meet and listen to the candidates seeking the leadership Liberal Party at an all-candidates leadership debate in Castlegar on Thursday, August 12, 1 Location: Fireside Motor inn 1810 - 8th Avenue Castlegar 7:30 p.m. Opportunity to ask questions of the candidate whe will become the of British Columbia following the next election! For further information phone 368-4932 To Join the Liberal Party of B.C. call 1-800-567-2257 making through their principal resi Mike dence: buying a place, improv ing its value and then selling for a tax-free profit Grenby Syndicated Columnist “But that also means you can expect Revenue Canada to look more closely at people who are taking advantage of the tax-exempt status of the principal residence,” said Don Goodison, a partner of Kemp Harvey Goodison, certified general accountants Goodison said you have to be “awfully careful” if you make a habit of buying, fixing up and then selling a princi- pal residence “Each case is judged on its own merits,” he said In a Tax Forum article he wrote in the CGA Magazine, Goodison cited a ¢ in which a husband and wife came out the winners - even though the would be debt-free Revenue Canada found the couple had bought and sold three principal residences over an eight-year period. It said West-Wind Nurseries Ltd. wor contractors for their hospitality Castlegar We would also 'like to take this opportur { for their co-operation during a * POLLAINE E. EMDE 1480 COLUMBIA AVE. To the citizens of Castlegar, we extend o (CASTLEGAR, B.C. VIN 3K3 (604) 365-7616 Res 365-3253 Acklands Ltd Anthor Brilliant Resources (Esso) Ltd Castlegar Machine apital « Chrome Castleg. Eastgate Gardens Field Tr Gerry’s Backhoe Service Greyhound Hi-Arr ICG Propane enny’s Kabatoff's Sand & Gravel Loomis Courier Service Mister Tire Sales O.K. Welders Pharmasave CITY OF CASTLEGAR PUBLIC NOTICE Notice is hereby given that the Council of the City of Castlegar intends to stop up and close to traffic, of all kinds, that portion of a public highway lying between Lot 20 (Amended), Lot 21 (Amended see 554641 & R73), Lot 22 (Amended see 554641), Lot 23 ( Amended see 554641 & R73), Kootenay District Plan 1520, District Lot 4598, and a portion of Lot 14, Lots 15 & 16, Kootenay District Plan 1520, District Lot 4598, shown shaded in heavy blank on Schedule “A” to Highway Closure Bylaw 652 Presidence Constructor Sandman Inn Taylor's Place Voykin Bros, ¢ White Contracting ontracting Lt as we shopped for day-to-day necce [3 th a UE Upon-closure; the Gouncit of the City of Castlegar intends to petition to the Minister of Municipal Affairs, Recreation and Housing to have the said portion of the highway abandoned, pursuant to Section 573 of the Municipal Act, and to vest fee simple title to the lands comprising same in the name of the City of Castlegar, 460 Columbia Avenue Castlegar, B.C. VIN 1G7 Given under my hand this 4th day of August, 1993 __, Dianne Kunz City Clerk difficult time Coleman Excavating Ltd lumb: Gienger »w Hote vin Basran Trucking {land Park Shell Thank you to the er Castlegar businesses who sh: ssities West-Wind Nurseries & Landscaping Ltd. rity. t ur thanks f act ar Mohawk ia Truck Rey ucking Contracting wed us frier Management & Crew 2169 Benvoulin Road Kelowna, B.C. V1W 2