Al4 - Wednesday, April 4, 1984 - North Shore News

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‘BUDGET 84

The Government of Canada recognizes the fact that all Canadians must work together in partnership if Canada is to grow and prosper. This is particularly important now, at a time when the economy is recovering and new opportunities are presenting themselves.

Budget 84 1s designed to allow us to capitalize on this climate and to provide the economic opportunity and security all Canadians seek.

A Fair Tax System

Taxpayers’ rights are being strengthened, particularty with regard to assessments, penalties and interest charges. And, quarterty payments are being eliminated for some 550,000 individual Canadians.

Women, senior citizens and tarmers in particular, will benefit from increased pension security New pension legislation will allow all Canadians better opportunities to save tor their retirement

Farm Sale — Tax Savings In order to encourage the continuation: of family farms, new legislation will be intro

duced that will help farmers to provide for their retirement adequately

This program will be introduced to enable homebuyers and homeowners to buy pro tection against extraordinary increases in mortgage rates

$180 Million Reduction in Federal Taxes for Small Business

The net result of simplification of sinail business tax laws, as well as new initiatives and provisions tor growing small businesses will mean a tax saving for small and median sized businesses of some $150 milbon

Profit Participation tLimployee Profit Participation Plans will assis ( anadhan workers and managers to build amore productive and competitive ec oneoriry Dhe budget proposes to encourage gain sharing with a special tax credit that would be shared between employers and employes Diese are just a few of the important provisions Of Budget 44 that benefit as ol The Government of Canada meedis your parte ipation to telp bow tor the future Goel iniviotverdd

a & Finance Canada

Forever

blowing bubbles

WHILE SOME fume at stop lights, others = sit back, relax and even have a little fun. That was the case at the Taylor Way traffic lights Sunday where a driver sat happily biowing bubbles while waiting for the go-ahead.

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