B8 - The Terrace Standard, Wednesday, January 26, 2000

BC Old Age Pensioners
Branch #73 update

By HUGH POWER
THE REGULAR monthly meeting of Branch #73 was
held Thursday, Jan. 13 at the Happy Gang Centre with
president Mary Ann Dilley leading the gathering.

Kevin Goddard of Deep Creek Masonry Ltd. gave a
presentation about the possibility of building a new 44-
unit Senior Citizen Complex in Terrace, which is similar
to one built in Kamloops.

The cost/layout additions were discussed and ques-
tions answered, More information will be available soon.

The Senior’s Advisory Committee has been involved
with looking into this new senior’s housing project. This
meeting was an opportunity for members at the Branch
to hear of the floor plans/details ete.

Fran Lindstrom, treasurer for the Happy Gang Centre,
gave a zeport on the financial status for 1999, and a cur-
rent balance so far this new year. Due to the hard work
of members, including kitchen staff, bazaar committees
etc., 1999 was, indeed, a good year.

The many volunteer hours donated to ensure the
centre runs well is appreciated.

May McFarland, secretary, mentioned the knitting
program that is to be held at Cassie Hall School later
this month. Mrs. Cey’s class needs 26 students in order
for the class to take place. Approximately five to seven

women are needed to help make this a success. Please:

call May if you're interested.

In 1999, eight members celebrated. their 80th birth-
days, This year, another eight members will turn 80. The
first two members Viola Greer and Ann Kohl celebrated
theirs on January 7th at the centre. About 40 people
joined them to help celebrate the happy occasion.

Concern was raised about the snowpile that has been
wedged against the centre and it is hoped those respons-
ible will remove it. There is a drain located there and
concerns about possible flooding were addressed.

The next meeting is February 10 at 2 p.m. See you
there!

be available for $6.

here.”

$18. -

Let the cutting begin

TERRACE HAIRDRESSERS are joining others
hairstylisis across B.C. in a province-wide cut-a-
thon to raise money for the Variety Club,

Hair stylists from Images, Shades of Hair and
Changes will be at the Skeena Mall Sunday, Feb.
6 from 12 p.m. to 5 p.m. cutting hair for $10.

Mini manicures, which involves filing, remov-
ing cuticles and applying a clear polish, will also

All proceeds will go to the Variety Club, which
raises money for children with physical disabilities.
“It’s a great cause,” says Terri-Lynn Bahr, styl-
ist at Images. “And it’s a great deal for people

Bahr said the $10-hearicut deal is a bonus,
when with the average haircut in the city costs

She reminds customers that because there won’t
be running water in the mall, clients’ hair will be
sprayed with water, not washed, before it is cut.

At the library

TERRACE UNPLUGGED: Terrace families are asked to
unplug their TVs this week. Families are encouraged to
spend time together participating in activities that do ‘not
involve the television or other electronic media. Here
are some special events that are occurring in Terrace for
Unplugged Week.

Wednesday, Jan. 26: From 10 a.m. to 12 p-m.- art ac-
tivities, songs, stories for preschool children and their
parents at the Family Place.

Jan. 26 from 6:30 p.m. to 8 p.m.- Play and dance per-

formances presented by the Skeena Junior Theatre Arts

and Dance students at the R.E.M. lee Theatre.

Jan 27, from 6:30 to 8 p.m. - Introduction to dance
with Kari Stedham at Skeena Junior High (drama room -
use right hand entrance near the wood shop). Teens 11-
13 years old will learn a number of different dance tech-
niques including Hip, Hop,.Tap and Jazz.

Friday, Jan 28 from 10:30 a.m. to 11:30 a.m.°: Tickles
and Tales at the library. A group experience for parents
and their babies (0-13 months) focusing on the pleasure
and power of sharing thymes, stories and songs together.

Tet TH BILD Mi OCAMTTEL Hy

TERRACE te
VOLUNTEER = SENIORS & ~

BUREAU _ PERSONS WITH DISABILITIES
ona limited incame, who live in their own
homes in the Terrace and Thombhill area.
DO YOU NEED HELP with Minor Home Repairs,
"Minor Plumbing, Minor Carpentry, Installation of grabs
Bf bars, ramps, etc. We offer a free consultation for any:

i one who needs major home repairs done.
CALL THE HELPING HANDYMAN PROGRAM
TERRACE VOLUNTEER BUREAU Ly

638-1330

FOUNDATION CHI KONG
CLASSES FOR BEGINNERS
EVERY WEDNESDAY (Chi = Energy * Kung = Work) .
Feb. 2nd to Mar. 15th, 2000 Develop Flexibility, Stamina,
8:00 to 7:30 Pm. Co-ordination, Breathing,
Focus, Centering, Rooting

Clarence Michiel
Elementary School Gym,

3430 Sparks St.
Certified Instructor:

Peter Dickson
Chinese Tai Chi Chuan

Association of Canada
Richmond BC

For registration and fee information please call Jane at

638-1594

First play of the year
gears up for opening

By NANCY STONE
ARCHER
TERRACE LITTLE
Theatre’s first production
of the new year is
swinging into high gear in
preparation for their Febr-

uary 3rd opening.

Diana Braathen directs
the hilarious and often
heartbreaking “Wrong for
Each Other”.

Written by Norm Foster
whose style has become a
familiar favourite to‘ Ter-
race audiences with past
productions of “Windfall”,
“The Long Weekend” and
last : season's
“Motortrade”.

The play has been a
challenging one-to direct
says Braathen. Explaining
that the need to create the
feeling of the characters
flashing back through their
relationship together. has
presented her with some
interesting technical chal-

. lenges.

She credits the lighting
and set designs as key ele-
ments in achieving this
effect.

“It has become exciting
and interesting to. watch

the way the actors must:

telate to the space around
them,” she says.

4 yy

: oat oe
in tetany tt De RRR,

“Almost as if they echo
the push and pull dance
that is a part of their rela-
tionship as they move
through the scenes and
around the set.”

In an interesting twist to
the direction of a play,
Braathen has chosen to’
co-direct “Wrong for Each
Other” with husband Pa-
trick McIntyre. “We work
well together” she says.

“His artists eye and
stage experience have be-
come invaluable assets to
me. He too sees the chal-
lenges of the play as tech-
nicai ones.

“Obstacles”, he says,
“add to the tension and
dynamic that the actors
create on stage.” He sees
his set design as one such
obstacle.

Audiences will enjoy
"Wrong for Each Other" as
they. have other Norm
Foster plays. There are
some good laughs and a
few tears, which make for
a delightful evenings en-
tertainment.

“Wrong for Each Other"
playing on February 3, 4,
5, 10,11, 12 and 17, 18,
19 tickets are available at
Uniglobe Courtesy Travel
in the Lazelle Mini Mall.

Tell Your Sweetheart
How Much You Care

With A Valentine’s Greeting!
2 2 9 CG

These Valentine’s Greetings will be
published in the |
February 9, 2000 Terrace Standard

STANDARD
3210 Clinton St. Terrace
658-7283

Tha Power of Tax-deferred

Compounding

Financial experts agree on one
thing an RSP is nol the
immediate tax deduction for
contributions: il's Ihe tax-delerred
compounding that really counts,

Long-term tax-deferrad
compounding is very powerful.
The chart below compares the
value of a $10,000 invesIment
compounded at 12% annually in
two ways: (1) subject lo 40% tax
annually and (2) it tax is paid
upon redemption.

ff you held this sample
Investment for 30 years, your
alter-tax value would be
$183,760 compared to $80,509 if
the same investment were taxed
annually.

As you can see, sector funds
are very different funds.
Generally, Ihey invest in an
underlying traditional mutual
fund. Because a sector fund is
structured as a corporation and
not as a traditional mutual fund,
you can
investments in underlying funds
without triggering a capital gain.

switch among -

Sector Funds: Tax-Deferred Compounding

Outside Your RSP

As long as your investment
remains within the sector fund,
your gains ara tax-deferred. If you
redeam sector fund units, however,
you must report your gains or

Regional Vice President
Primerica Financial
Services In Terrace

losses and pay any taxes owing.

Also, sector funds may pay
dividends to investors from time to
lime which will reduce the tax-
deferral advantage because you
must include these dividends in
computing your Income for tax
purposes.

The Strength of Diversity

$10,000 Investment Over. 30. Years
- Compounded Annually @. 12%
-Subjectito.40% Tax.) 2.0

$200,000
$175,000 7
$150,000 —

Taxed annualty

Value il laxed when
redeemed in a particular year

$183,71

$125,000 ~
$100,000 -
$75,000 ~
$50,000 -j
$25,000 —]

T
10

20 25 30

Because sector funds Invest in
other funds, they allow (he uimost
in diversification. You can often
invest according lo;

* Geography (e.g. Europe, Asia
Latin America, elc,)

4 Investment Type (equilies or
short-term)

+ Industry Sactors (e.g. health
sciences, financial services, etc.)

* Management Style (asset
allocation, tundamental value,
sector rolation)

The Advantage to You

Secor funds are attractive to a-
broad spectrum of investors.

«If you buy and hold, your capital
gains continua to compound year
afler year, tax-defarred.

«If you trade actively, you can
switch funds according to market
conditions as many times as you
wanl--withaul paying lax on your
capital gains.

+ If you regularly re-balance your
portfolio lo meet your investment
objectives, you can defer any
capilal gains taxes that may result
fram portfolio adjustments.

The power of tax-deferred
compounding and the strengih of
diversity. It may be worthwhile to
talk to your financial adviser about
tax-deferred sector funds.
Important information about any
mutual fund is contained in ils
simplified prospectus. Unit value's &
Investment returns will fluctuate.
Read your prospectus caratully
before investing, Pater Arcadi is an
Independent Contractor with
Primerica Financial Services.

For question on this or
other financial topics call
‘Peter at:
635-7800 or

1-800-295-7676
arcadipfs @kermode.net

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50°:

SALE ENDS JAN 31

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