Wednesday, May 8, 1996 — North Shore News — 45

Fram page 14 Weekend Matinees

“May 11 & 12th |

At Premiere Prices!
Acadenny Award Winner ~ best
documentary featured
ANNE FRANK
REMEMBERED
JMatare Seathtly an 05 pm & fh 80 pin
$4 Car matines Sul & Sun. at tO pm Ht
PRIMAL FEAR

Ha yisd Nightly of 710 pm & 4.35 pm
At Regular Prices:
YOY STORY

(Generals Sat. & Sun. atid per
ALL DOGS GO To
HGAVEN 2
(General) Sat, & Sun. at 1:45 pm
SENSE AND
SENSIBILITY
(Mature) at 7:00 pm ends Thursday

Week of MAY 3 - MAY 9/96

information line, 879-8319,

f ols
[CONCERTS 24 | =

2
St. Catherine’s Anglican
Chureh: Handel's “Dixit
Dominus” and severai works
by Vivaldi, performed by
Laudate Singers and
Instrumentalists, May 10, 8
p.m. 1048 Ridgewood Ave.,
N.V. Tickets: 280-2801. Info:
222-3158.
Silk Purse: Music and Muffins
Concert; Ann Katherine
Coope performs May 30, 10
a.m., 1570 Argyle Ave.. W.V.,
tickets $6.42.
West Vancouver Library:
Opera Outreach Program,
May 8. Refreshments at 10
a.m., tickets at the door. Info:
922-6406.
Orpheum Theatre: Spirit of
the West, with Vancouver
Symphony Orchestra, May 22,
8 p.m., tickets and information
hotline is 876-3434.

With Oscar winning
Anne Frank
Remembered and
Flirting With
Disaster starting
Friday at Caprice
Park Royal, we
bring you movies
that span the enter-
tainment spectrum.

PAsy Fask

HL MEM EL REO

‘ We ng
Purple Onion: North Van’s
‘Jeff Mahony performs with
Litle Big Band Wednesdays at
this new Gastown jazz club.
Info: 602-9442.

NEWS photo Cindy Goodman '
DINERS AT Dunderave Cafe miay have noticed Alan
Reynolds’ watercolors on the walls. The restaurant
showcases the work of various North Shore artists.

Around Town is a free service
provided for ‘non-profit and
community arts groups.
Please fax a press release for
your entertainment event to
985-2104..The News tries to

Reynolds’ paintings are there thi Saturday, May 25.

ensure items appear in the
paper at least once before the
event takes place, but space
constraints may limit the
number of submissions print-

Advertisement

ed. For gitaranteed publica-

‘tion contact classified (986-

6222) or dispiay advertising
(980-05 /1).

— Compiled by Ann Hamilton

| BE HEALTHY, WEALTHY AND WISE!
TD Bank Teams Up To Offer Reverse Mortgages To Clients

Dd Bank’s announce-
ment last fall as the
- first bank to bring
the reverse mortgage to its
retired customers has been

met with great enthusi- .

asm. Thousands of Cana-
dians over the age of 62
have approached the finan-
cial institution to find out
‘more.

According to Bruce
Shitreff, TDs Senior Vice

Carol Christopherson
Vice President
Canadian Horne
‘Income Plan™ Corp.

President, Mortgages, one
of the areas in Canada to
reccive the program with
such enthusiasm is West
‘Vancouver. For this reason
TD will be holding an infor-

mation scminar at the West ,

Vancouver Seniors Centre
on Tuesday, May 14, 1996.

Joint Venture With
B.C, Based Company

‘In order to offer this -
cs innovative product, TD

teamed up with Canadian
Home Income Plan (CHIP),
pioneers of Canada’s first
(and currently only) reverse
mortgage. Carol Christo-
pherson, Vice President of
CHIP, says that seminars are
an ideal way to find out
more. “Most retizees have
spent many hours consider-
ing their retirement income

’ options, from RRIFs and

mutual funds, to govern-
ment and private pensions.
However, for most of them,
these other assets don’t
begin to amount to the equi-

_ ty locked in their homes.

Attending this seminar will
show how the TD-CHIP
reverse mortgage gives
them access to that pool of
savings. It will be an hour
well spent.”

Designed For Middle And
Upper Income Retirees

Currently, the majority of
people using the reverse
mortgage are middle and
upper income retirees. They
use the additional monthly
income (or lump sum cash)
for vacations, new cars,

home renovations, additional
home care services, etc.
Wealthier clients are looking
to take advantage of the tax-
free income generated
through TD-CHIP, or to
provide their children with
an early ‘inheritance.’

TD’s Bruce Shirreff says
that TD views the reverse
mortgage as a wealth manage-
ment tool providing access to
an untapped source of capital
for the over-62 age group.
“We feel that this service will
be of growing importance in
the years to come. It has cer-
tainly been well-received by
our customers to date.”

Seminar To Be Held
May 14, 1996

CHIP introduced reverse
mortgages in 1987 here in
the Lower Mainland. The
product has come into its
own over the last few years
and the feeling is that it will
continue to grow over the
coming decade. Reverse
mortgages provide an addi-
tional and important finan-
cial planning tool that
should be well understood

by every homeowner over [

the age of 62.

_ Call 685-CHIP (2447) to
reserve a seat at the seminaz
on May 14, 1996 or request.
an informaticn package.

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