B5 - Sunday, October 7, 1984 - North Shore News

Gi business

| AE ED

FOR SENIORS
Competition gets fierce

From Page B4

brokerage house where you
deal.

RUTH HO

Financial Consultant
Pay
No Tax?

Did you know
that a person
with only Cana-
dian dividend
income can
earn up to
$40,000 and
pay no tax?

The Bolton
Tremblay Income
Fand. In existence
for over 5 years, is
worth considering for
a retirement fund
especially for
cautious investors.
For more information.
phone us today to
find out how you can
pay no tax.

WARNER BAILEY
FINANCIAL SERVICES INC.
#515 815 W. HASTINGS

VANCOUVER. B.C.
V6C 1B4

685-2402

The Classified
word for today 1s

CARS

aa o vehicte that moves on
ethecta. artomobite, carriage
fund tne car you ve always
wanted at thre ight pore
the ¢ lassrhids

V4arudrectn ot

new and used Cade are listed

Aarty Shop fests thet cans:
heads for the best can tuys
Buyers and sellers mee!
evory Gay ous the 6 ras feds
witere vase and caaaity a
way? Corsi tens bel wheal yon

reer) anual seth whit yor leo

reread ens thie CLANS Coeds ry
lOUWay and place your aw!
ones Fererety ad labhers

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north shore”.

panama

news

re ee MA 8

986-6222

$$$

Some questions to ask and
features to compare: What
interest is paid on idle cash
sitting in your account? Is
there a fee if you want to
transfer your account to
another company? On what
basis are Treasury Bills
available? What about com-

mission rate discounts?

Apparently one of the
spurs which is driving the in-
vestment houses to seek out
the seniors’ dollars is a survey
conducted by the Toronto
Stock Exchange. Among
other things, it showed:

Of the total number of in-
vestors in Canada who own

shares, about 25 per cent are
SS years of age and over.
And, of all people 55 and
over, just Over nine per cent
own shares.

An assessment of what is
going on tn the industry was
given to us by J.J. ‘‘Jim”
Stevens, Pacific Regional
Director of Investment

Dealers Association of
Canada, and District Direc-
tor of Canadian Securities In-
stitute: Clearly, all firms are
‘reviewing their product
lines, examining their inter-
nal operations and making
adjustments which are ap-
propriate to the current
market.’”’

With that kind of ‘‘soul
searching’’ underway, more
bargains for seniors probably
lie ahead.

The foregoing, of course,
leads to an obvious question:

Will other dispensers of
RRSPs — notably the trust
companies — respond to the
competition? ~

CAN YOU IMAGINE A HEALTH GARE

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WITHOUT NURSES?
EITHER GAN WE.