Al? - Wednesday, June 30, 1982 - North Shore News

THANKS TO RECESSION

Holidays at home
be a windfall to merchants

BY NOEL WRIGHT

ONE SIDE-EFFECT of the
recession could prove to be a
windfall for local merchants
this summer. During the
next two months there are
going to be a lot of extra
customers around -- with
time on their hands and
money in their pockets.

Almost two out of five
North Shore residents have
decided to take their
summer vacation at home
this year. And that means
upward of $20 million which
otherwise might have been
spent elsewhere will remain
right here in North and West
Van.

A North Shore News
telephone poll last week
asked 394 households from
Deep Cove to Horseshoe

Bay “Where will you be
taking your summer
vacation?”
The answers were

Athome ........... 38%
nmBC. .......00... 5%
Elsewhere in Canada . 7%
Inthe US. 000000... 4%

t lex tromic enerctee hela thas.
Wc beers frees thre wads thine tn O41 da.

Overseas .......... 2%
UNDECIDED 24%

The 38 per cent of stay-at-
homes’ represent -ap-
proximately 20,520
households out of the North
Shore total of about 54,000
households.

a ey

Today, the average
disposable (i.e., after-tax)
income per North Shore

household is $34,000 per
year. Over a two-week paid
vacation penod that works
out to an average of $1,360
per household -- or $2,040
over a_ three-week paid
vacation penod.

Possibly as much as 40 per

cent of those vacation pay
packets. of Course, may be
needed for non local ex

penditures like mortgage
payments, insurance Hydro
and BC Tel

But that still leaves the

home vacation household

with $8160 over a two week
penod for purchases such as
food, persona! tfems
Fecreation and en
lertainment al) rcadily
available oon the North

» alin ve]
Ave
AM

cased dahl

Hepes Sober ce bb gm mit vulioe

to lec treorate

some thay

ON thew

Shore.

Over a three-week penod
the corresponding figure is
$1,224.

Multiply those figures by
the 20,520 stay-at-home
households and you come up
with respective totals of
$16.7 million and = $25.1
million -- all of it might be
ringing cash registers this
summer in Kelowna. Banff,

Washington State or
California.
Instead, it will be ringing

local cash registers.

Moreover, the figures
quoted do not take into
account the 24 per cent of
respondents in the News poll
who were still undecided A
proportion of these. too, will
hkely wind up spending their
holiday in their

own
back yards

At a conservative
estimate therefore the

overall total of stay at home
vacabon money on the
North Shore dunng July and
August could well reach $30
mailhon

That's a tidy lithe sum tor

Active Cimerr rent

NEW SCIENTIFIC
WAY HELPS YOU
LOSE WEIGHT

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SIGHTSEEING tour of
Ambleside was given by
West Van _ architect
Garry Nielson Sunday.
About 60 people joined
the walking tour in
which Neilsen described
the changes that have
taken place to the
community over the
past 70 years. The walk
included John Lawson
Park, the Ambleside
Village commercial
area, the bus depot —
which was originally a
ferry depot — and the

OFFICE PERSONNEL

Julie Elford Sylvia Gowans
TEMPORARY - PERMANENT

municipal hall. The OFFICE
municipality, in con- OA ASSISTANCE
junction with West We save you the search
Vancouver Heritage 107 — 140W 15 Street
Advisory Committee, North Vancouver

hopes to sponsor two
more historic walks to
mark West Van's 70th
anniversary. (Eric
Eggertson photo)

984-0251

TOO, MUCH MONEY?

YOU MUST HAVE IF YOU PASS UP THIS

FACTORY .«... SALE

7T010 DAY DELIVERY

SAVE 20” 30” 40%

ON ALL

NAME BRAND SETS
DAILY 3 TOSPM SUNDAY 12-4

CLOSED WED.
SALE ENDS JULY 18

SORRY
NO PHONE QUOTATIONS AT THESE LOW PRICES

Mr. Mattress Ltd.
842 W. 15th St. off Marine at Fell

North Shore merchants to
set their sights on. For more
than a few it could spell the
beginning of the upturn.

Rabbit
now reduced by

| 4 Runs on less expensive regular gas.
Fuel injected engine. (exclusive in its dacs)

+ | Formula E° » Economy,

+ | Meets 6-year Anti- Corrosion Code .
| 4- wheel wdependent suspension, _ |
Hatchback convenience = // | Sy
Front-wheel drive. A

Gas: H mpg - 69 L/}00km
| (Diesel: 65 wpg- 43 L100 ku - Optional extra)

- Ratings Dased of approved Hanspon Canada test methods Your tus! consumpoon will vary

Add it UP. Now its even

greater value. Come in today.

‘Based on manutacturer s suggested retail pace tor Aabbit (| models

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