Tr

lew product can prevent
residential chimney fires

KEEP THE home fires burning safely with a unique new
product calied the Fingard Automatic Chimney Fire Extin-
guisher available at North Shore Distributors Ltd. in West

Vancouver.

According to North Shore
Distributors president Ken Stroud,
fireplace or wood stove chimney
creosote buildup and the resultant
chimney fires have contributed to
the high price paid both in human
terms and property damage in
B.C.

“In 1985 we had 8,285 fires in
B.C. costing $131.9 million,”’ said
Stroud. ‘‘Just over 34 per cent
were residential for a total $50 mil-
lion cost.”’

A report from the B.C. Fire
Commissioner shows the number
of solid-fuelled equipment fires has
tripled in a 10-year period and the
dollar loss has increased five-fold
— $2.1 million in 1976 to $11 mil-
lion in 85.

The chimney fire extinguisher
was invented by Doug Gardner, a
Vernon fire inspector. A simple in-
stallation starts at $379.

The system, tested by Warnock
Hersey fire labs in Coquitlam, has
been on the market since April 86.
It features an alarm, automatic ac-
tivation only in the event of actual
chimney fire conditions, and en-
sures no smoke or water damage to
a home’s interior.

“Insurance companies are star-

Tax tip

Question: My wife and I bought a
home five years ago for $65,000
and when we sold it last summer

iamgwe received $75,000. It was our

“principal ' residence all of the five
years. Do we have to pay taxes on
the $10,000 profit from the sale of

‘sethe house?

“Answer: No, since .the proceeds
from the sale of the principal resi-
dence are not taxable.

“By H&R Block

LEN MACHT
CLASSIC QUOTES
“Show me a man
who is a good loser,
and V’ll show you a
man who is playing
golf with his boss.’

NEBRASKA
SMOKE-EATERS

COLLISION
wD

980-4581

| 1315 COTTON DR.
f NORTH VAN.

Classifieds
Sell
986-6222

ting to take notice,"’ said Stroud.

kaka

FOR NORTH Shore companies
with trading eyes wandering

will also be able to arrange indi-
vidual appointments with
Canada's trade commissioners and
trade representatives posted in
Asia.

For registration details and more
information contact the Canadian
Committee, Pacific Basin
Economic Council, 200 Elgin
Street, Suite 301, Ottawa, Ont.,

business
briefcase

by Michael Becker

westward, the upcoming fifth
Pacific Rim Opportunities Con-
ference provides a fitting venue to
clarify corporate vision.

Slated for March 9 to 11 at the
Hotel Vancouver, conference

speaker highlights include Interna- .

tional Trade Minister Pat Carney,
and Geoffery Palmer, Deputy
Prime Minister of New Zealand.
The conference features a pre-
conference economic and commer-
cial regional overview. Delegates

K2P 237. Tel:
Telex: 053-3051,
238-7643.

(613) 238-4000,
Facsimile (613)

kx aK

TAX TIZZY? Certified general
accountants are offering free of
charge an income tax information
bookiet available from your local
C.G.A.

Tax Tips contains 29 plain
English questions and -answers
about personal income tax.

RETIRE
MILLIONAIRE |
Wilk AN

Visit our RRSP Info Booth
at Lynn Valley Centre Mall’
February 23-March 2

(during mall hours, except closed Sunday)

In addition to regular banking hours
Lonsdale & 17th will be open
Monday, March 2 from 6:00-8:00 p.m. for RRSP
contributions

Property prices rise

PURCHASE PRICES for property in the new Tempe Heights area are
exceeding the minimum upset prices, the North Vancsuver City land
agent said Monday.

Land agent Derwyn Owen revealed in a report recent sales of city-
owned lots in the fourth phase of the developmen: have added
$1,568,502 to city coffers,

“It's just unbelievable what people are paying for a view at Tempe
Heights,”” said Ald. Stella Jo Dean. ‘‘The tender prices are abeve the
upset prices.”

Tenders closed Feb.
$79,693.

11; average upsct price of the properties was

Earn up to /2*
BOnUS interest on your
RRSP Term Deposits/GiCs,

Now bigger balances eam Bonus Interest on this:
year's RRSP contributions.
Now you can earn %4% Bonus Interest on this year's contribution
when your total RRSP balance is over $10,000, or earn 2%
Bonus Interest when your total RRSP balance is over $25,000.
We'll also pay Bonus Interest on the full amount of a transfer
of $10,000 or more from another financial institution if it is
invested in a Royal Trust Term Deposi/GIC.

* Rates subject to change.

Take Advantage of this Time Limited Offer!
You have from January 1, 1987 until March 1,1987 to qualify
for Bonus Interest. Visit your Royal Trust branch for further details.
Put Royal Trust's Bonus Rate RRSP to work today for
bigger recums tomorrow.

Royal Trust is a member

of Canada Deposit Insurarice ROYAL.
Corporation. TRUST

RRSP HOTLINE
662-2232

CALL TODAY

EXTENDED HOURS: FEB. 25, 26, 27, 28 & MARCH 2
Wed., Thurs., Fri. & Mon. to8 p.m. Sat. to 5 p.m.