Lower 38 - Weanesday, « June 9, 1993 - North Shore News FAMILY BUSINESS THE FEDERAL Business Devel- opment Bank (FBDB) has devel- oped a new program to help the owners and managers of small and medium-sized family businesses. The program is designed to help deal effectively with the daily challeges of balancing the conflic- ting roles of spouse and parent versus entrepreneur and the needs and wants of family members ver- sus the economic demands of business. The FBDB will offer a one-day workshop called Family Business: Managing the Present, Planning the Future, for North Shore businesses from 9 a.m. to 5 p.m. on Tuesday, June 15.at the North Shore Winter Ciub in North Van- couver. The full-day workshop is designed to bea practical session for owners and other. members of family businesses. : ’ For more information, call Barry Goodwin at 665-7703. MUTUAL FUNDS MIDLAND WALWYN. Capital Inc. will offer, two free meetings on mutual’ fund limited partner- ships on Thursday, June 10 in the River Room. of the Park Royal Hotel, 540 Clyde Ave., West Vancouver. The:.two meetings will be held ‘from 12 p.m. to 1 p.m. and again ~ ~ frem 7:30 p.m. to 8:30 p.m. . The meetings will explain why many conservative investors in the Mainland and = across Canada choose: mutual fund limited _ partnerships to reduce their taxes-and increase their in- vestment income.- : Limited Partnership Units (LPUs) are issued by several of Canada’s leading mutual fund companies like Mackenzie Finan- cial, Global Security,. AGF. and The 20/20 Group. A complete report will be of- ‘fered on the 2 limited partnerships in- Canada from 1987 to 1992. The report is expected to show an average after-tax return of 19.5% for these issues up to the end of last year. * -To_resérve-.a-seat, cali either Rick . Peterson.; at 661-7783 or Lestie Howard at 661-7749, Youth talent - North Shore DO YOU have a talent for some- thing? A talent that: you would like to show off? This is the chance for that big break, but’ jump on it now, regis- tration closes a week from today. ‘Talented youth are being sought to participate in this year’s North Shore Youth Talent Search. , This competition will. lead its winner to the Pacific National Exhibition (PNE) annual. youth talent search this) summer.” As well, a variety of cash and prizes will be awarded to local winners. _ The acts that place’ well at the PNE are also eligible for cash prizes, with the grand-prize win- ners getting $1,500, a trip to the: Suri Rattan BUSINESS SRIEFS FEDERAL FUNDS CAPILANO-HOWE Sound MP Mary Collins, the Minister of Western Economic Diversification (WD), has announced that Van- couver-based Vortek Industries Ltd. will receive. a loan: of $1,995,000 to develop new con- figuration and applications for its plasma arc lamp technology. “British Columbia has. produc- ed some bright lights in various. fields, but Vortek Industries’ is unquestionably the said Collins. She noted that the company’s lamps have’ been listed since 1985 in the Guiness Book of World Records as ‘‘Brightest Light.” Vortek’s lamps. use streams of ionized argon’ gas plasma, rather than filaments to generate intense full-spectrum light, much -like a welding arc. Vortek has developed and pat- ented -an innovative water wail “design thai’ contains the. plasma and cools the outer envelope. Small arc lamps can illuminate areas of 10 square miles: The. company is: launching an aggressive $4.3 million effort to quartz expand its operations and further” develop the plasma arc technology to increase lamp power from 300 . kilowatts to 1.5 megawalts, In making this. step, improve- ments in reliability and efficiency will allow Vortek .to, take ‘this technology into strategic commer- cial applications. sought for competition Canadian finals, and a trip to Memphis, Tennessee to compete in an international talent search, Organizers of :the North Shore contest are looking for vocal, dance, instrumental, or variety acts of one to four people. The contest is open to performers aged 13 to 2! and offers nine perfor- mance categories. The talent show will be held Sunday, June 20 at 8 p.m. at the Deep Cove Shaw Theatre, 4360 Gallant Ave., in North Van- couver. For more information, call Maria Kenney at 922-6069 or Jane Stuart-Shaak at 929-5581, ‘Add UPSIDE To Your Portfolio. with Tracy Godoy’s ON The Money.“ QO N The Money searches out growth opportunities with by untapped potential. The greater potential rewards of - £ emerging equities mean greater risk and share price volatility: you need an intelligence tool like ON The Money. ON The Money has demonstrated supericr performance that stands out from the rest. Apply this expertise to your portfolio and learn what you need to know about each menth’s top opportunities. Call now at 604/640-0544 or 800-283-8545 for your free copy. Als. Tracy Godoy, a stockbraber with Yorkton Securities Jue, publishes ON The Mouey as a complimentary service 1a her tie nts. brightest,’”' PUBLIC INFORMATION MEETING A development is being proposed for the property ai NORTH END STRATHAVEN EXTENSION and you are invited to join UNITED PROPERTIES LTD. at a meating to discuss the project. June 10, 1993 Location: 7:30 p.m. Sherwood Park Elementary School 4085 Dollar Road, North Vancouver, BC. Formal Presentation to begin at 8:00 p.m. Details of ‘he proposal include: LEGAL DESCRIPTION: LOT 9 . DL 621 PLAN 16890 TO AMEND SEYMOUR OFFICIAL COMMUNITY PLAN TO DESIGNATE AS A DEVELOPMENT PERMIT AREA FOR A MULTI-FAMILY SITE CONTAINING 64 TOWNHOMES AND 54 CONDOMINIUMS. AND REZONE FROM RS? AND RS4 TO RM3 AND ISSUE A DEVELOPMENT PERMIT. The meeting is being held by the applicant in compliance with District of North Vancouver Council policy. The applicant will present details of the proposal and discuss any concerns residents may have. . | Information packages are being distributed to residents within 350m of the site. If you would like to receive a copy or if you would like more information, contact the Planning Department al 987-7131 or UNITED PROPERTIES LTD. at 736-3864 or bring your questions and comments to the meeting. ‘This is not a Public Hearing. Council will receive a report from staff on issues raised at the meeting and will formally consider the proposed at a later date. Date: Time: To Cover Your Mortgage Costs, , Getting a mortgage-rate break adds.up to big savings. And right now we're offering you !/4% off our mortgage-rate on closed 1. to 5 year terms. We'll also pay up to $500 of your transfer, penalty, or appraisal fees (where required). But this offer ends June 30th.1993. We also offer a very flexible variable-rate convertible mortga; Re. For more information call us, soon. ~ Bankof British Columbia _ _ Division of Hongkong Bank of Canada {> Now, what can we > do for you? 1578: Marine Drive, W. Van. 922. -3311 1457 Lonsdale Ave.. N. Van. 980-2451