18 - Wednesday, February 18, 1987 - North Shore News

Business -
N ness
initiative launched

THE FEDERAL Business Development Bank has joined
with Capilano College to launch the North Vancouver
Community Business Initiative.

Smith, Pasman; W.S.

Question; E was given $12,000 in
benefits from an insurance com-
pany for injuries [suffered in a car
accident. (It was the other guy's
fault.) While T was in the hospital
for two weeks, my employer paid
me hall of my regular wages. How
do 1 figure alt this out for my in

come tax?

Answers The $12,000 is not tax-
ible. The wages paid while you
were in the hospital are fully tax-
able and will be included on vour
T4 slip.

By H&R BLOCK

Thirty local small business
owners and operators will par-
ticipate in workshop sessions and
On-site practical direction over a
one-year period in an effort to im-
prove business performance, lower
business failure rates and acceler-
ate small business development.

business
briefcase

by Michael
Becker

Douglas Kerley, vice president
and regional manager of the FBDB,
Dr. Douglas Jardine, president of
Capilano College, and Andrew
Lane, manager of the North Van-
couver Canada Employment &
Immigration Commission were on
hand at the North Vancouver
Snappers Restaurant last week to
announce the program.

The cost to participate is $2,500
for the year. Seventy-five per cent
of the cost is refundable. Financial
assistance is available to par-
ticipating firms through the Cana-
dian Job Strategy program offered
by the Canada Employment and
Immigration Commission.

Representation on the communi-
ty advisory committee for the pro-
gram includes Bruce E. Miller,
Ratcliff & Company; Laurie Dye,

CGA, Dye,
Carruth, Bank of Nova Scotia;
Jon L. Jessiman, Capilane Cot-
lepe; Peter Speck, North Shore
News; Dieter Kloepper, Wagner

Engineering; Colleen) Welsh, FIXED TERM

5 Years
f minimum deposit $100
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includes bonus

FBDB Vice president and regional
manager Douglas Kerley.

Lonsdale Quay Market; Susan
Bell, North Shore Enterprise
Development Centre; Sack Jung,
Yic’s Dining Lounge Ltd; J.F.
Noonan, FBDB; Gary Gustafson,
FBDB.

()%

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@ 100-day term
@ minimum deposit $1,000
B compounded at maturity

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8 calculated daily
m compounded monthly

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CAPILANO COLLEGE president
Dougias Jardine.

A similar project which ran in
northwestern Ontario in 1984-85
through the Confederation College
ef Applied Arts and Technology
saw a 65 per cent increase in sales,
100 new full-time jobs and a 200
per cent return on investment for
participating firms.

nhkeuwek

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