Always a

bank close by

Canada’s chartered banks”
have branches in hundreds
” of centres across the country

where security dealers and —
trust companies are not
represented.

The Canadian Banker's
Association (CBA) says a
study shows the banks with
7,347 branches in 1,911
centres compared to 754
branches in 185 locations for
trust compani and 455
offices in 95 centres for
members of the Investment

_ Dealers Association of.

Canada (IDA). By the end of
1978 the number of bank
branches had increased to
7,407.

That means that the 11
chartered banks have six
times as many branches. as

“Our research for this
study shows that the banks _
serve every location where
the trust companies or IDA
" members have an office. In
addition, the banks serve
1,726. communities where
neither of the other two have
an office.”

Maclatosh, executive
vice-president of the Bank of
Nova Scotia, said the banks’
branch networks provide
one office for about every
3,200 of population “so that
no matter where you live in
any of the provinces or
territories, there is 2 bank’
branch not far away.”

“To suggest as some
others have done that the
Canadian customer will be
- happy to conduct any of his

..beCause every

child has the
right to smile

1979 International Year .

of the Child
Unicef Canada @

Page 23, March 11, 1979 - Suinds_

ews

THE CHARTERED BANKS acros the country are urualy set up insach a way that noone afar away tom del
services, either in the city, or travelling to customers in remote areas.

Chartered Accountant:
Good. That means the house
itself. was worth about
$35,500. Now, the land can’t
be depreciated. The ap-
pliances may be depreciated
at up to 20 per cent of their
un-depreciated cost and the
house at up to 10 per cent of
its un-depreciated cost per
annum. However, if you
were to acquire a similar
house after 1978, the
allowance would be only five

allowance instead of the
interest, we'd have a bigger
loss.

Chartered Accountant:
That’s right. So we may
claim only $1,800 capital
cost allowance, in our
example, to bring income to
zero. We'd probably reduce

. our claim on the house to

$1,700. Then we'd have an
un-depreciated capital cost
of $31,800 and we could
claim up to 10 per cent or

only enough to bring our
profit to zero.

Prepared by the Institute

of Chartered Accountants of
British Columbia.

Yourself.

City of New Westminster

; . . , @ .

cite wee eS House renting dialogue
members combined. , telephone or mail just :
oesn't uare with ou ————————————_- a

experience.” FROM PAGE 22 u HOUSE APPLIANCES TOTAL

Robert M. MacIntosh, oo _—«CU depreciated

chairman of the CBA’s Bank — At the end of 1978, the Mrs. Taxpayer: We paid capitalcost _ $ 33,500 $ 500 $ 34,000
Act revision committee, said provincial distribution of $59,000 for the house. The Maximum capital ,
it is obvious from these 7.407 bank branches was: lot was worth about $25,000. cost allowance 3,350: 100 3,450
figures that among these Nfld. 137: P.E.I. 34: N.S. : 1 Know that because there Un-depreciated
three institutions the banks 235: N.B. 174; Que. 1,618, | “ete lots for sale in the area —_ capital cost 30,150 400 30,550 these anctiona, in addition, the person
are by far in the best position Ont. 2,870; Man. 355; Sask. 3¢ the time. There was a used . we are seeking willbe required to make
to offer personal service ona 369; Alta, 698; B.C. 881, *tOve and fridge which were Mrs. Taxpayer: But if you expenses we can claim maintenance
much wider scale. Yukon 1 4:N.W.T. 22. worth about $500. deduct $3,450 capital cost capital cost allowance, but materia

equipment and perform retated work.
Applicants must have several years of
operation and

experience in the
maintenance of re’

frigeration and

related equipment used in the process
of ice manufacture and maintenance. in

addition, janitorial,

building = main-

tenance end supervisory skilis are

necessary.

Salary: $1,222 to $1,454 per month.

Please forward applications by

1979 March 21 tothePersonnel -
«. Department, CityofNew — .

Westminster, 511 Royal Avenus,

New Westminster. B.

per cent per annum. $3,180 capital cost
allowance on it the next :
Mr. Taxpayer: Can we year. Off d
keep using the 10 per cent I C e a n
rate after 1978? Mr. Taxpayer: So we

Chartered Accountant:
Yes. Rental houses acquired
before 1979 can continue to
be depreciated at 10 per
cent. Let’s assume you had
no mortgage interest last
year to show how this works:

FOREST PRODUCTS

could reduce our taxable
income each for last year by
about $725. that's half each
of our loss of $1,450 since we
jointly own and paid for the
house. And, in the future, if
our income exceeds our

SALES TRAINING COURSE

Secretarial

NORTH VANCOUVER LITIGATION WITH VARIETY
One or more years experience and ability to work unsupervised for this

relaxed, pleasant office. S/H 80 -

V3L 1H9

100 w.p.m. and accurate typing

essential. Salary $1,000 and up with full benefits. Call Lynne Wenger

in confidence at 685-0261

SECRETARY FOR REAL ESTATE OFFICE
Accurate typing and s/h combined with knowledge of the Real Estate
industry required for this position tiason with administration and

management,

co-ordinate Branch assignments and assist regional

management with day to day agen anization Galary $900 OO Call Lynne

Wenger in confidence at 685-0
STENOGRAPHER - $900.00

i you like working as a member of a team in a congenial open office
environment then this D/T company offers you a real challenge They
need an individual with tast shorthand and typing skilis and 2-3 yrs
oftice exp. Cail Gisela Schindele in confidence at 685-0261

SENIOR SECRETARY - $1,054

Excefient opportunity for a well groomed candidate with top skills (8/h
an asset but not essential) to work for the executive director in the
education field 3 yrs exp at a senior sec level preferred Duties
inctude some supervision. tranacribing minutes of meetings. travel
arrangements and participation in educational studies and research
services Good co benefits in this W Groadway tocation Call Barb
Anderson in confidence at 685-0261

SECRETARYIDICTA TYPIST - 3950

OFF insurance Co has immediate opening tor a personal secretary to
work in the property dept Typing of 7Ow pm accurate necessary (a/h
an asset but not essential) and must be prepared to do a lot of dicta
typing Work on your own in this congenial office Excellent opportunity
to make this position ane with more responsibility and advancement
Caft Bard Anderson in conlidence at 685-0261

PERSONAL SECRETARY ‘INTERNATIONAL FLAVOUR’ to
$1,000

Non-profit organization in the U & C area has immediate opening for a
well groomed secretary Accurate and tast typing of 70 wom
required. (s/h hetptul) Very interesting position with tota of vanety
including some basic bookkeepin ne. copy typing. long distance phone
work travel arrangements otc unl be able to work on own and be
hostess tor international visitors 3 weeks vacation Call Barb Anderson
in conhdence al 686-0261

Dunhill

220 HSONNEE CONSULTANTS A Tt

1155 Weat Georgia Strect
vancouver BC V6E 3H
(604) 6865-0201

SALES
REPRESENTATIVE

Commencing Monday evening, April 2, 1979 and once
a week for 8 wecks, intensive instructions will be given
in the general economics of the lumber and plywood
industries, world and domestic marketing practices
and terminology. Practical and specific techniques of
selling to North American and overseas markets will
also be dealt with.

We require an individual with an
academic engineering background or
technical experience equivalent to join
the marketing team servicing our
modern manufacturing plant and
foundry.

This course is structured for sponsored employces of
forest products companies who wish to improve their
knowledge of lumber and plywood marketing and for
those who desire to advance into a career in sales. It

i i nd, .C. :
Based in Richmond B.C., our may also be of interest to persons employed in fields

marketing group services international
industrial markets. We provide
gencrous fringe benefits, leased
automobile, a salary based = on
qualifications and experience, and
marketin assistance as required.
Bilingualism would be an asset.

closely related to the forest industry who wish to gaina
better understanding of the business.

This program could provide an excellent foundation to
launch a career in a lucrative and rewarding field. We
endeavour to place graduates in jobs which suit their
talents, personalities and carcer goals.

For complete course outline and further details
Qualified candidates should contact:

Mr Glen Driedger,

1756 Pandora Street,
Vancouver, B.C. VS5L1IMI1
Phone: 255-1311

BOW VALLEY RESOURCE SERVICES LTD.

D.E. Mawhinnc

WIDMAN MANAGEMENT LIMITED
Forest Products Consultants,

Box 10018, 700 W. Georgia St,
Vancouver,B.C. V7Y 1AI

Phone. 604 - 669-5635