Wednesday, December 23, 1998

- T's been an eventful year for

. the Saanich Peninsula Cham- .

- ber. And we anticipate that
“1999 -will bring change and -
- progress under the manage-

_ment of our new Executive Di- .

; rector, Lorraine Browne.
~The 1999 Board. of Direc-
- tors, elected at our annual gen-
“eral: ‘meeting in. November,
comprises. 13 local business
people who. have generously
agreed to donate time-and en-
“ergy for the coming year. And

SeaFirst Insurance; First Vice

President: Rob : ‘Thatcher,
“RCT Financial, Second Vice

‘nolta. Business. ' Equipment;
Treasurer: Richard Flader,

“and very busy too, out and

; have a chat with Lorraine.

they are: President: Clive «
Tanner, Tanners Books; Past |
President: Doug. Guedes, _

i Community .

World ° Scratch Patch. e

. Our new Execu-
tive Director

Lorraine Browne has been
on the job since December 1,

about meeting people, getting
to know the names and faces
in our communities.
And just luckily, a steady
round of holiday. season So-
cial engagements has made ™
it all a little easier. a
Drop in to the office and’

The Peninsula

Congratulations to the Sid-
ey. Area Merchants Com-

Flader & ae Chartered, ue :

: Ly office
to close

7 consolidating its operations on
» Vancouver

out a single office, to be lo-

Nanaimo :. BBB
close, 2. >
», Susan Brice, E

executive Di-

sumer.

phone calls will be automati-
~~ cally forwarded to the Viet ora

H+. the newly-consolidated Victo
vasgie ria operation,"
The BBB is. conshderin

| new ‘technological options du

ey aday, seven days a week,
The Better: Business

~ net at bubvaninlard one p/bbb

at this time of year fo research.

ou The Better Business. Bie
~-reau of Vancouver Island iss

Island ‘effective.
March 1, 1999. It will operate

cated in. Victoria, and: the
office «will

rector, said the move is being...
made to accommodate. the. |
changing needs of the con-

“The services currently be oe
ding delivered. out. of the
~ Nanaimo BBB office will con:
tinue! to be: available, ‘as all

rae The Nanaimo. BBB staff A
“have been offered positions in’:

-fo.come on stream. over the,
~ next year that could make its:
~~ information available 24 hours ;

“Bur
-reau can be found on the Inter:

“Ttis a important

vhether or not the mutual fund

itis, and if you are not aware of

ue ‘it, there could bea couple of
7 unexpected consequences,
_ The first, which was re.
cently discussed in this ‘col-
umn; has to do with the poten-
~ tial tax liability. If you purchase.

a mutual fund just before a cap-

sponsible for the taxation, ..

z Slinet! b

valleourve

: when. to ev ryone’s delight, it a

you intend to buy i is planning to. .
pay a capital gains dividend. If.

‘tal gains dividend is paid'you —.
“are ‘liable for tax. In. other
words, even if the capital gain -
was realized throughout the .
year, the unit holder as of the
date the dividend is paid is re-

A second pos ssible ee *

3) NESBITT BURNS :

_ Member wl ihe Rend al Monieaul reve ot Comauney

"102-0846 Resthaven Drivo

BUSINESS _

4. Buddy’s Toys; 3rd, Brent-
i - wood Florist.
"Best Interior Decoration —
Ist, Brentwood. Inn; 2nd,
'.Snapdragon Nursery; 3rd,

Avalon Beauty Concepts. —

Ast, Port Sidney Marina; 2nd,
Peninsula Co-op. -

~And when you're doing.your
“Christmas lights tour, don’t

lighted trees along West
Saanich ‘Road near: Brent-

nity effort.

Mixing it Up

~ turned “out the next: evening,

“Manager. Anne Maguire, of
‘Mineral World - Scratch
‘Patch; for hosting the Cham-

Ys:
ompanies have given an indi
ation as to their anticipated

: dividend. It is worthwhile ex-
ercise to review your individual |
‘objectives within the context of |
the anticipated dividend. ‘You.
“may decide to defer purchase © .
of specific mutual. funds until:
after the dividend has been —
paid, or, if the: dividend will
bump you over the foreign con:
‘tent limit in your registered :
4 plans you may wanttoredeem
_ some prior to Dec. 31, Youare .
- penalized ° one percent per:

- effect of large capital gains pay-
out-is that it may 2 affect your.
foreign content in your: regis-
~ tered plans (RRSP/RRIF). :
If you hold foreign mutual
funds: in' your’ ‘registered ac-
counts and if those are near the.
20 per. cent allowable foreign
limit, you:should Jook at them ..
~ now, If these funds pay a capi
tal gains dividend it is possible
that you could unintentionally:
exceed the 20 per cent foreign

month for any foreign content

- plans:

~jnate the unexpected.

© Ralph Sommertold, FCS
‘Senior inves stent Advisor.

€, VBl SEO

ry arta clients Ie Bemit) Cae
ate cand a New Year of:

Best Exterior Decoration-—

forget to check out . the

‘wood Bay, another commu- ”

“Thanks again’ ‘to Phillipa
‘ and Rick Hudson, and store . an

ber's Christmas Mixer. Close,
to.100 people munched.and
.- Tningled “amidst: the store’s
- beautifully merchandised local °*.
and exotic goods. ‘A charming =~
female vocal ensemble tuned»
us in to our favorite Christmas eae

in excess of 20 per cent ofthe ° |
cost base of: your. registered ns Vo

» Asisusually the case, doing,
: your homework can often elim- |

carols. Newport Restaurant
By The Sea prepared. the
snacks and provided the no-
host bar..

What's New

The Buzz will not appear

this week. The column, and a
- bigger, better Buzz, will appear
i alternately, every. second and -
fourth ‘Wednesday, beginning

JMONEY

CON CEPTS:

Sow the seeds: for @
your child’s academic future.

Call today to take advantage of the.
Canada Educational Savings Grant.

Keith th Perry, CFP - ‘544- 2206 -

AS. Insurance Agency Ine

__ PENINSULA NEWS REVIEW 13.

with The Buzz on January 13,

1999..If you. want to see your
business’ name in print, fax me
your Buzz- 656-7121.

aay holidays to everyone

on the Saanich Peninsula from:
your Chamber board of Direc-

tors and staff. .

Eileen Leddy. is a Recon

business °- writer/editor... and

; mannan Member.

o
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Ap lea SER eae Wess