BUSINESS | Local home businesses focus of new directory HOME-BASED en- /treprencurs have a unique new. way to get their message out to. the marketplace with a North Vancouver-based directory of local home businesses. The Homebased Business Direc- tory is the brainchild of Gary Car- son. ‘Tt was conceived as an alter- Native to people who work out of their basements part-time and can’t afford the normal ad rates,"’ “Carson said. The publication will be coming out quarterly and will ‘be distributed free-of-charge at ‘ = NEWS photo Mike Wekatieta : NORTH HORE Mazd: Brenden: Sherwin,” right, presents Graeme Doak with the: keys to a Muzda:323 DX. Doak gets to use.the'car for a year’ be winning:a scratch and win’ promotio recently eid by Mazda: a , not okng outdo the chose am having to write again this’ to Receiver ‘fits an annual event I com Hive without working hard all my lam after life” and. it irks -me_to have to continue “Paying so rauch income tex op sucha “modest: Income. ( "end iy teense ‘ ‘consider how . consists of Can: : Pension, as well“as’ asi "(approximately $10,000 -f :accountant keeps pret Ber oy , + todividends and capital gains for tax relief. Deir Le,’ Your dilemma is all too common: It is” "fa well known fact that most of us do pay’: far more.inceme tax than necessary, simply because we: don't understand our, tax p. saving Basta there are thre ways to receive © “investment income. Interest is the most taxable of all liar you eam in interest,income. ; ° " Unfortunately, the.most popular and conventional of investments pay company, value of a corporation. If eth Sa ERY ares in Ro jes, the eee ae eligible for . “companies tax credit, an incentive the federal government gives to invest in’ the Canadian oe ooo | oldest, = ‘vorporations in Canada ( “investment income.” pee Capital gains represent the gouth in were to buy shares In, say,’ the Bank, and the “bank has‘a profitable year, the share price would increase to reflect ‘these eamings. «You would see the value of your shares - increase, this increase is called a capital, tg to invest for capital gains, Each of us is’ ee federal government has provided © every Canadian with a significant incentive allowed to make vp to $100,000 in capital ‘gains during our lifetime and pay no tax ‘ whatsoever. : is . putting our money at risk. interest (term Gees or GICs, Tortgages, & Canada Savings Bonds) which is why so many of us pay so mcuh more in income tax than we really should. Consequently, ‘ at an average tax rate of say, 37 ent, roto pe en income tax for every 000 you.eam in interest.” : 4°: Dividends are another popular method -” “of receiving Investment income. Dividends are Paid by the corporations in which _hnwest.- ‘Providing. t these are Cana fan “in Canada over 20 years that few money . risingly few people are really aware’ 2 f rian ‘tax: free . method" of . generating = income, and even. fewer have. Structured their it investments to take advantage of it. ° biggest dilemma is how to generate; © dividends ‘andjor. ‘capital: gains without mos! of us,- way to ga." available. in an investment fund is the Of all the dividend fun ‘:.s, Canada, one has for many years been the consistent leader: the Industrial Dividend Fund. Mackenzie Financial Corporation, the managers of the Industrial Dividend Fund are one of Canada’s oldest ‘and largest professional money... management nizations, ‘with aver. 6 billion’ under a ministration . for over 400,000 Canadians, and on behalf of some of Canada's largest institutions and pension funds. = Mackenzie has established a reputation -all use throu -companizs an various businesses throughout the community. The format has pro- ven successful in other cities. “The listings involve anything from hairdressers to somebody with a van who wants to haul gar-. bage,"* he said. 7 Carson said the summer issue of 10,000 to 15,000 copics should be available by mid-June. The dirsc- tory will cover the North Shore, East Vancouver-Burnaby and Sur- rey-Delta-Langley. Carson: envisions throughout the entire » Lower business briefcase Michael Becker’ ' Mainland: to Chilliwack with an {October release. “ 7526, A NORTH Vancouver _metal m deeply, . coating specialist is : submerged in a: project. for ‘Van- : couver-based Sub-Aquatics Corp.. * Sub-Aquatics is’ in the bisine’s. distributing | . Name For more information call 987- . ~: Wednesday, April 27, 1948 - North Shore News . Please send me complimentary i formation on the In- ° dustrial Dividend Fund: Address City ne Postal ‘Code a afte zolfered by prospectus only - = “of building submarines for. the . - ‘tropical -tourist trade in Hawa the Caribbean ‘and Guani. Inlet Indastrial Coatings Ltd.; -Jocated -on Riverside Drive, is blasting, and _, See B.C... " Page 36 pes, 7 managers in the world can match. : The fund. consists of two: types of | securittes: treasury. bills and blue chip stocks. The stocks represent some of the’ largest. and most profitable’ Canadian Pacific) * Bank of Commerce, Molsons, Sears, Ford, to name but a few): These companies make ‘up the. “backbone” of the Canadian economy and - provide the basic goods and services we t our normal dialy life. is to monitor these . continually ensure they reflect the fund's. conservative nature. Moving the monies back and forth from Mackenzie's ‘stocks to treasury bills as the econ ‘dictates provides shareholders wit! consistent and very impressive gains on: . their investment dollars, Since inception in 1975 the dividend. ” fund has retumed an average of 176% per © year to its shareholders. «= Mackenzie's expertise and conservative nature was exemplified again last : when. despite the worst market crash in history, . the dividend fund retumed ‘its = “shareholders an impressive 17.6 percent Or" that 17.6 percent. return, * approximaiely half was dividends, eligible for the dividend tax credit, and the other . half was capital gians, eligible for the $100,000 capital gain exemption. - | Considering these’ tax benefits, one would have to get ‘almost a-30 percent “-retum in interest to match the return on .« «this fund. When combined with the flexibility, low ” ., cost and ability to take a regular monthly .- th income from the fund, it truly is ideal for any conservative investors ‘seeking tax relief and a much increased <| monthly income. Bruce Foerster isa senior vio franc advisor idpith ENGLAND SECURITIES LTD a _ other. members : VANCOUVER: Chaired by tie Deputy Attorney General; the Committee 1o bring 3 a diverse s backgr und in law, justice an administration ; ; “The specific areas the Committee will focus on include: . . ©” Civil Law: how can the trial process be shortened, and simplified and the. a ~-¥eost reduced? : a ° ‘Criminal Law: how can criminal trial | procedure be streamlined? * Court Structure: how can overlaps be eliminated’ ‘and a more integrated } structure be achieved? « def as a Alternate Dispute Resolution: how can processes such as arbitration andy mediation be effectively used? |". te “4 eg v The Committee will be holding the following publié hearing 1 in your region: May 9-12 & 13/14, 1988 ~ _ The Cinema, Robson Square Media Centre, 800 Robson Sty! May 9-12 - 6:00 p.m, - 9:00 p. m., inclusive. ‘May 13 beginning” ate 9:30'a.m. and continuing throughout the afternoon, dwening and next day asrequired., ls ‘ LOCATION: TIME: 2 All people with concerns about our justice system are encouraged to make. their suggestions known to the Committee: These can be presented orally or i . ‘writing..In order to give'as many people as possible an opportunity to speak!.. ' “to the Committee, you are asked to contact the Deputy Attorney: General's office no later than 5:00 p.m., May 2, 1988 to obtain'an approximate time. d » Since your time before the’ Committee. may be limited, it is advisable to have a 7 written summary of your ideas to present. : To obtain an appearance.t time please contact: Justice Reforn: Committee, clo Mr. Joanne Palmer : Sth Floor “ $10 Government Street” Victoria, B.C: ‘ VBV 1X4 Phone: 387-1578: (Call Collect) * EWN. (Ted) Hughes, QC Chairman ‘);,/ : ' Justice Reform Commit te