42 — Wednesday, April 26, 1989 - North Skore News Weigh the pros, cons of having spouse work From page 41 band and son help out? Are the relationships between the three of them suffering? If having mum work produces a net deficit in quality of life, is this permanent or just temporary and cancelled out every time the family takes a special holiday with the ex- tra money mum is earning? Investing the $75,000 this reader won could produce around $5,000 Trade act introduced AN ACT to create the British Col- umbia Trade Development Cor- poration (BCTDC) was introduced in the Legislature recently by In- ternational Business Minister John Jansen, The Ministry of International Business and Immigration was es- tablished as part of the province’s International Business Develop- ment Strategy introduced last July. At that time the creation of the British Columbia Trade Develop- ment Corporation was also an- nounced. The new corporation aims to enhance current and future export business for British Columbia by increasing the export of goods and services from the province. It is designed to bring the trade and export activities of the gov- ernment in closer touch with the business community through strong private sector participation on its board of directors. “We are a province built on ex- ports, we have grown because of exports, and we will continue to prosper through foreign trade,’’ Jansen said. British Columbia is now the most diversified exporting economy in the country, with only 46 per cent of its exports going to the United States, compared with the national average of 76 per cent. Between 1986 and 1987, the growth rate of exports originating from companies within the pro- vince increased 25 per cent, from $12.7 billion to a record $15.8 billion. Estimates for 1988 indicate growth of another 11 per cent to $17.5 billion. wor ARGES T DEALER APEX TIRE CO. LTD. 753 Marine Drive, N. Vancouver, B.C. (1% Biks. East of Capilano Mall/Fell and Marine) PHONE: 100% cotton twill, three pleater, welt pocket, cuffed, all-around, go anywhere, great pants priced at $55. 1401 Bellevue West Vancouver 926-2113 (ESTABLISHED 1952) 988-5415 BUSINESS a year after tax, perhaps the same as the working wife earned after taxes and expenses. (But no RRSP contribution could be based on in- terest, dividends or capita] gains.) So if her working is not a good thing for the family, she might choose to quit. I suggest you draw up two sepa- rate balance sheets. One should contain the financial positives and negatives, with a botiom fine fig- ure. Also note the time worxed (o produce this amount. On the other sheet list the personal pros and cons, again with a positive or neg- ative bottom line. A negative ‘‘quality of life’’ bot- tom line with a positive financial result suggests the wife should quit. It means the extra money isn’t enough to make up for the personal losses. Sometimes, however, a short- term objective of having the wife work until certain debts are repaid, for example, could be a com- promise. 987-8141 Get a mortgage for $50,000 or more at VanCity, and you wort have tu pay any legal fees, And to save you even more, you won't have to pay the cost of a Surveyor's Certificate, either. In fact, at VanCity you'll say ¢ approximately $1,000 on the cost of getting a mortgage. Equal to a 42% reduction in the interest rate.t So you'll have a lot of cash left over to put where it belongs. In your house. Same day approval guarantee or we'll fly you to San Francisco. When you apply for a VanCity Morigage. we'll also guarantee an answer the same day. If you have supplied us with some basic information on the property being purchased and we don't deliver on our guarantec, we'll pay your return airfare to San Francisco. Olfer applies only on VanCity 2 tu 3 Year fixed term residential morigapes. of $30,000 of more in new funds. AH funds nmiust be advanced before August 19,1989, Lexal fee payaent includes car acing and disburse- nents but excludes provincial property purchase tan. t Biased on a2 Year Fixed Term Mortgage of $100,000 at 12 14% witha 25 year amortization and a purchase price of $150,000. AN Harel arrangements throunht <—* ne @4y Falcon Travels Donald Fraser Cordonnateur Conseil scolaire no 44 LE CONSEIL SCOLAIRE DE VANCOUVER-NORD (44) invite les parents francophones a incrire leurs enfants au PROGRAMME CADRE DE FRANCAIS pour Vannée scolaire 1989-1990 Ce programme dessert toute la rive nord et s’adresse aux enfants de parents francophones. Présentement, il y a plus de 100 @léves inscrits, de la materneile 4 la 12e année. 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Just call 877-7000, Monday - Friday 8a.m. to 8p.m. and Saturday 8 a.m. to4 p.m. Or visitany of our conveniently located branches. thus: Yours" ai 22 Branches throughout the Lower Mainland.