page 32 - August 3, 1977 - North Shore News A leading. banker. suggests it will, become increasingly difficult during the next decade to distinguish _bet- . ween. chartered banks, and other financial institutions. . oo . able basis.”’ Rowland C. Frazee, presi- dent of the Canadian Ban- kers’ Association (CBA), said ‘ that proposed changes in banking legislation will mean a broadening of the services © offered by all financial institutions. eS ‘This would. lead to a ‘blurring of the sharp lines that have existed — in the past”’ lation. . ‘‘This is now apparent. in Canada, where it is already difficult to distinguish the retail outlets and the services offered by non-banks from — those of. the chartered banks,’’ Mr. Frazee said. Mr. Frazee, executive vice-president and . chief gencral manager, The Royal Bank of Canada, welcomed this development of close competition, but ‘said it is important that it be on an. equitable t basis. activity. fod OPEN BY APPOINTMENT 3194 ALLAN RD. Mid sixties. 6 rm. with high unfinished bsmnt.- Over 1500 sa. ft. Cloaa to school, bus and shopping. “To. view anytime. phone Bert Dukowski 24 hrs 985-7171. ZONE 37 CAP. HIGH RANCHER - 81,500 Wow! 3 bdrm. sprawler, sep. din. rm, new ‘kiteh. with fam. rm. off, lush w/w thru-out, Ratio in priv. gard. Handy to bus & stores - Marie Auzin - . 980-9298 or Peter. Davidson 987-5917 off. 9850-7171 ( hve). - 46DAM. TOWNHOUSE Lge living rm., dining rm., and kitchen on main . floor. Bright end unit with 6 applces. and enclosed patio. All for $59,500. To view anytime call Bert Dukowski (24 hra) 985-7171. ZONE 33 we SOLID BRICK, SPLIT LEVEL WITH FABULOUS VIEW - Immaculate condition, 3 bdrms, don, rec. rm., 80 x 165 lot affords. complete treed privacy. ‘Excellent value for $129,500. See It with wilt , Hauff 926-1864. ; | NORTH VAN VIEW LoT . om, Level, with trees, lawn, rockery, 40x142, Bldrs. mm terms avallablo. Asking $38,900. Call Wilf Hauff 7 Cy _ 926-4864 or 985-717" (24 hrs). , econ set tame am RM APOC SALS ih aT N iy ‘ paorre ce Reba beads WA ae A AR _“*Competition among fi- nancial institutions. in Cana- da has produced one of the best financial systems in the world; all we argue for is that competition be on an equit- Speaking to the Empire ‘Club, Toronto, on the forth-_ coming revision of the Bank. -Act, the federal legislation governing the operation of the 12 chartered banks, Mr. - . Frazee said that perhaps the. most crucial. issue is the_ narrowness of existing legis- . The Bank Act covers only . _the chartered banks, «EE Beas DEBS Be rs : . | a many other institutions are . | P . Me a Lifestyle is keeping in shape ‘or resolving to get into shape by regular physical 229 W. OSBORNE - 67, 800 ; Pretty rev. plan bung on view lot - 3 bdrms. (1. dn.),2 baths - sep 2 car garage - Look it over- ~~ You won't find a better home for the money -' Marie Auzin 985-9298: or Pater ‘Bavidgon 987-5917 off. 985-7171 24 hrs). ’ Close to transp. & schools. In area of ‘fine ~ homes. Wooded - suitable for reverse. plan. — Liltlan Joyce 985-3757 or 985-7171 (24 hrs.). 4 176 E. 4TH AVE. TAKE YOUR PICK - Spacious 2 bdrm. ste with lots of storage. North _OR or Bert Dukowski 068-1001 or 985-7171 (24 hye). 7 | , | . | ; ‘waterfront: property to: ; appreciate. - active in | the banking t busi- ness, including trust com- panies, credit unions, caisses populaires and others. Most . of these . are provincially incorporated. monetary purposes, ‘the non- ~ further weakened. At some - banks are outside the direct point -in time. it. will be influence of the central bank. | weakened to such an extent ’ Mr. - Frazee said these — that central monetary policy either will become ineffective non-banks: have grown ata faster rate than the banks’ or else the pressure that will have to. be exerted on the and he expects this growth to. continue in the next decade. | And it will; Because -: Navvy Jack combines . ‘a sophisticated lifestyle with a breathtaking waterfront setting. A fast-disappearing ,» combination. _ oo mat Y On the waterfront ‘ 2ist &Argyle.. - F . West. Vancouver. - But. only the chartered banks come under the direct monetary influence of the — central bank, and only they must keep non-interest bear- ing reserves with the Bank of ‘Canada. ‘This means that for banks in order to influence. ‘the whole financial system will be quite inequitable.’’ A Jack development ¥& ong? ‘they do, ‘the leverage - through which the Bank -of ‘Canada’ must ~- exert its “monetary influence will be 7s speak ‘Tsa’ wwassen ’ fluentl ye ~ Understanding the real estate market in Tsawwassen/Ladner ‘can seem as confusing as learning a new language. Let me be your interpreter. but Ive specialized i in real estate in this area and I'll be more than pleased to put my experience at your disposal—to give you sincere, honest answers about the market and its many opportunities. Call me. Let's talk * Tsawwassen soon. Prestige Development All Services In — - excluding sewers. __. KEN HOPKINS GG F-59555 943-744) ¥ BLOCK BROS. REALTY LTD. : °4250 SOWDEN ST. - 62, 800 » cee i _» Gotta buncha kids? Big fenced yard, playroom &.F 7 handy to school daycare’& pre-school -3:bdrms_ Try 5000 dn. with Marie Auzin 980-9298 or Peter ope "452 E. 7th AT $77,000 AN MUST SEE ieee Se - Completely remodelled but stained. glass & bay : windows retain charm. 3 bdrms., workshop, family rm & beautiful landscaped . lot complete this family home with a city: view. Priced for quick sale. “To view anytime phone Bert Dukowski 988-1901 or 985-7171 (24 hrs.) COOL CONTEMPORARY CONDO | Beamed ceilings, sunken liv. rm. super kitch - _with.6 appices. - concrete bidg. - Best 1 bdrm value available. Asking 42,800 - Offers please | f. : ah, _ Marie Auzin 980-9298 or Peter Davidson WATERFRONT | ” 686 LOWRY LANE 987 5017 - Off 985-7171. (24 hrs). . OPENBY APPOINTMENT - 100’ of beautiful Indian Arm with dock & float. ' Modern 5 bdrm. home 3,000 sq.ft. on main plus bsmt. Listed $275,000. . Bill Britton 24 hrs. 985-7171. ZONE. 4a INDUSTRIAL COMMERCIAL INVESTMENT. OFFICES Central Lonsdale - 1600 sq.ft. ‘plus attractive space: near 2nd Narrows. 4264 ROSEWOOD CR. - 61,800 . Hey! Tha pointy end is on top! This 3 bdrm: & den charmer has nr.new w/w, beks onto park on quiet st. - 4 appices. too! ‘Marlo Auzin 980-9298: or Poter Davidson 987-5917" or 985-7171 (24 hrs). ‘PAS. Try 6000 dn. . 2 LOTS * CAPILANO HIGHLANDS INDUST RIAL Lots or leases or: bulld-to-suit - prime areas up to 1.2 aé. VARIETY STORE - DEEP COVE ws Long: established variety store showing good net. Lease available. $15,000 plus stock. BODY SHOP/GARAGE so . Get into business for yourself on sunshine coast: ' TOWNHOUSE: SITE : Up to 34 units - Squamish area. "pu PLEX - STRATA TITLED in-law sulte each side ~ ~ revenue approx. § $1, 120° East, top floor corner. Try your down payment to ‘per mo. 33,900, vendor will carry by A/S. ' LG. PROPERTIES | WANTED - Good exposure and full attention given to your | industrial, commercial or apartment proporty. ' WM. J. BRITTON (24 ha. ) OOE-7171 ¥ OPEN BY APROINTADENT, 1937 @nano BLVD ° 14 room mansion.- neods some ftixin’ but: It's beautiful. Offors. $107,600. Bill Britton, 24 bras... 085-7171 : ZONESB 1 bdrm. on S.W: corner with city view. Try 1600_ down, Vendor will carry 2nd to First. mortgage. . To view or Information, phone L. Joyce 985-3757 © 42 W. ‘15th - North Van 85- nn _ MACAULAY NICOLLS | | MAITLAND & co. LID. . CRE Te Sor Tec ee eo i eu cae Serre ee eer ee eae ce Loe wept nee eb myomns tee + ces : Fae p ? . . . POWER e Tye Serr RT errs TLE aT TIT a er Peer eer ns ete Tt, te i eee CoOL naern ra teen nen et a alia 11" aa» tenet dh reborn EI BM SAN ane harold LEAS CRANE nee En UNL ig a UN nea AR PUTT mS HE MW 0A ame cae eee te with vanity in baby’s. room, ‘w/w & 4 applices.- = me NE mm a gg aaa asin NREL SONIA NE AURA AR ITER AG AN LE AAD ARR ta ”