- bust the ice on Francois Lake | far back as he could Bo. camps.

| -Hardhat says- he. has. bin .

page 8 - March 17, 1976 - North'Shore News

Chack Stanton and Mrs. F.- Inatsu, both of : Vancouver,. -bow at the end of a ‘Japanese | |
Ceremony, conducted by Sokei Nagai, Senfor Tea Professor from Kyoto,: Japan, : at the home of
Mr. and Mirs. S. Its in North Vancouver. The title of Senior Tea Professer is an extrem aly gu

“honor in Japan.

-Well sir, Hardhat Johnson he started lookin’ em over as one of..them concen

Sven ‘s ‘place’ ith a Dolly  E'rinstance, he says, they". -- Pete put the trout ‘ona big
Varden Chat run about six - had one a few years back _ platter anthen he splits some
pound. _ "called: Salome, who: got all. . “baked: i spuds an: Dats:

“Pete has her stuffed with
sage. an onion an she smells
. pérty: good in the oven’ but.

* Harahat is still “tookin’
sore ‘sol tells chim: hi

lissenin’ to the radio an it. has.)
took all the fun outta fishin’ 2.

How come? says Pete ‘an 4
Hardhat says them dingbats.
in the govermint has bin”
flappin’ their “jaws about :
whether to quit - ‘hangin’
‘people.or not an he couldn’t.:
: think. of. nothin’. else whilst
At was - thrashin’
aro nd on the end of the line

rejuv ‘everit skin probt
maintain’ e youthful, ‘healthy’ comptexion Treat:

The S only good ihing about: “he
it, he says, was it sure made _ served up on a platter. Then,
him glad he never got - -he says, -it. seems there as
hitched. Both me an Pete. get. ‘bin a. few. queens’. kickin’,
sorta. puzzled-over this one, around who settled: things: up
‘so Hardhat explains.’ “reall ‘quick. ‘by: gettin’: a feller called the: ‘Ww. C.T.U., ‘which:

, with a: big. axe to ‘chop: off... “has: been all: fired up fer a
. heads : whenever they. was | “hunnerd years or'so to:cut off. Be

“He says they got these her .causin’ trouble.” | “, .°. ~~ -@ feller’s. drinkin’: an if: that ©
wimmen in the govermint, anv eo aint! bloodthirsty, he don’t”
every dang one of ‘em is You : -eomes’ ‘down a. few’ know. what i is.
hollerin’ fer to— get. out the — years, he says, an “you runs ’
rope.an start. Stringin’ ‘fellers -. “into ; a. ‘real dinger.: They.

up. Them.wimmen is natural., of: ‘wouldn’ t mind da, het rum’
born n bloodthirsty, he says: ie

_Hardhat says who finished. : !
PAWS findin’. out. about:

him

From The Institate. of

he ecial ‘rules iI where
Chartered Accountants of. Pe pply

a taxpayer changes: the use of *. ‘whichever: is’ ‘entlier., ee

his house and ‘starts to fentit.the time’ covered | “by. the .:
“Of it: for’: his‘: election ‘the’ taxpayer’ will
‘ uch | 5. the ‘rental AIF: income’, from: the -
a. Person’ 8 ‘principal. resi- - s.* ta propert ahd: “may: ‘deduct *:"
dence" s generally exempt . : €of-a room expenses,. buts ‘may: not claim’ i va
from: capita gains when.the for’ ‘an office’ or a! work ‘area. depreciation on. the: ‘Property... i.

Property is sold (likewise ‘a - Inthe event that he doesnot. |

ie). loss ‘is non-deduct-. * claim capital. cost’ allowance...
ible . ‘ .

- Under ¢ our ‘current tax law,

.Such an: ‘election’ must: be | }
. son any portion of the house. filed in. your ‘return for: the a
. | | ditcluding’ the ‘portion: of, the:  year,in. which: the. change. Of pe
“Bach ‘taxpayer ‘¢ ‘can. | desig-.: residence | ‘used oO. enrn . use: ‘occurtéd, ; ‘This: ‘is: “norm -: ‘
nate, only. one. principal. income, then‘a chan nge ini use ally.“done* by” including’:a’ |.
_Yesidence for any given year; athe: “property, ‘has: ‘not: signed’ letter. in; the:return:* ||}
-except.where: one residence °. occurred and: the.’ entire ° describing “the « property in
is sold and another acquired’: residence ,. “maintains | *.. its “respect o rite the election:
in the same year. eee nature as. a _Pelnelpal resi-,. is being mad le, f
oe ence... i : , : "
A principal, residence. Paar oY bea This’ election. ‘to-retain’ the |
virtually. ‘an Oy kind of. real: co Wf, a “principal: ‘fesidence principal residence: : status:
gence which: you! own! and “becomes. ree, ingome-earning;, “applies, : for: example,. to'an’ I
where you are living: It need: rental. property," the: owner” individual ‘who: moves: out of.
not be: located: in Canada,» “may: elect: to: deem not ‘to his home. ‘wlth’ the- intention:
“have ‘commenced to“use his, of ‘retuénliig "to (t dt) a liter:
cA husband ‘and wife con 1 property for the purpose of.” date and in: the meantiie,
cach: have a principal, ,cest-.: producing ~ inconte. : Where ‘uses it, for’ _Saening "rentiil
dence, even If they ‘are living such; an ‘election: i made’ to Ancome.
‘together: at) all ‘times. !;Por . ignore’ the: change’ ‘of. use. 36° p)
example;...a husband . cart taking . place,:, there 4s) :i0," indy tbe‘ a:
olaim the: ‘city: home as: his: deemed: ‘disposition ‘for’ cap: dion ‘resident’ ‘during’ ‘th
principal: residence ‘and: his ©: Meal galngt os the... p
wife the summer cottage as’. ; : Np toy
her. principal residence: pro- The’ exemption from. ‘én ap
vided : the : wife Owne. the . ‘tal gains’ tax will nemaln
summer cottage oy Parra “alld for four years or r until:

vine ticdog ea ae an acn ty!

on