ia ES e rere

Chinese
delegation

ie

were confused after seeing this sign last week. It
was put up just past the Wal-Mart parking lot and
before crossing the bridge heading out of town.
Peter King is running for Kitimat council and its’
location seems to be aimed at Kitimat residents
going home after. shopping in Terrace.

- El rate going down.

_ EMPLOYMENT: INSURANCE premium rates are °
going down in. 2006, meaning that a person earning
$39,000 will pay a maximum of $729.30, a savings of:

$31.70 compared to the 2005 rate.’

Employers will also pay less, $1,021.80 next year .
compared to $1,065 this year for employees making at
' least $39,000 a year.

. In terms of rate per $100 of earnings, an employee
will pay $1.87 in 2006 compared to $1.95 this year.

_ The 2006 EI rate represents a 4.1 per cent decline
from the 2005 rate and is the twelfth consecutive rate
reduction since 1994, when the employee rate was

$3.07.

In 2001, for instance, a person paid a maximum of |

$877.50 a year.

. The Employment Insurance account has been run-
ning at a surplus for years, leading critics to Say that .
premiums should have been going down even more. .

Hockey cards stolen |
SOMEONE made off with an expensive TV and sev-
eral sets of hockey cards after breaking into a residence
at 3979 McNeil St. some time during the day Nov. 4.

Stolen were a- black 44” LG television, worth
$3,476.97, and hockey cards valued from $3,000 to.

$4,000.

A taxi was seen at the residence around 5 p.m. to
5:15 p.m. Terrace RCMP said it is believed a native
male was seen leaving the residence carrying a large

object, placing it into-the cab;and leaving.

Anyone who has any information about this
crime is asked to call Terrace RCMP at 638- 7400 | or
Crimestoppers at 635-8477,

is coming
after all

A VISIT to the northwest
by a group of Chinese post-

again.
The group from Qing-
dao Vocation and Technical

here this week as guests of
Northwest Community Col-
lege- but they couldn’t get
visas in time. from the Cana-
dian embassy in China. —

-The paperwork is now in
place and the group is sched-.
uled to be here from Nov. 19
to.Nov. 25.

made to China earlier this
- fall by Northwest 'Com-
munity College president
Stephanie Forsyth.
She signed a letter of in-

student and faculty exchang-
es. mo

‘first visit with college ad-
ministrators, staff and: stu-
dents in Prince Rupert and
‘then in Terrace.

take in’ other sights around
the region.

The Chinese college: has
7,500 full-time students in a
variety of technical and vo-
cational programs. - ,
_- School of Household Appli-

ances, named after the Haier

group, which is a growing

international | manufacturer
» of household appliances.

‘at one time the capital city of

; ingtao beer.

Car damaged -
POLICE ARE © looking

the person or persons who

smashed the windshield cf

‘a blue VW Golf during the
night of Nov..9-10.

The vehicle was parked

in the east parking lot of the

the tire: Call. thé detachment

at 638-7400 or Crimestop-

pers at 635-8477 with any
’ information.

- when they want to borrow. In

A BOND PRIMER

Does your portfolio
include bonds?

It should. Bonds are essential to a
balanced investment strategy. Yet many

Canadians don’tinvest in bonds because

investment

they don’t understand them. To help you”

become more familiar with bonds, we've

put together this basic primer.
Bonds are financial instruments

issued by governments, corporations

College was to have been.

The visit follows on one’

tent with officials from the |
Qingdao college to develop -

The Chinese group will —

There ‘are also plans to °
visit the Hazeltons as well as:

It also contains the Haier -

The city of Qingdao was |

_a German colony in China.
and is best known for its Ts-"

for help in tracking “down -

Best. Western.) Jerrace Inn at.

amount of the bond), as long as the
money is available to pay bondholders.

For example, an existing $10,000
bond might have a coupon rate of 6%.
But because general interest rates have
moved down, similar new bonds are
being issued at 4%. Investors will pay
more for the higher-rate bond because
they'll receive greater interest payments.

If you have a 4% bond and newly issued

bonds are paying 6%, your

and other. organizations

other words, they're a loan.
The buyer of a bond lends
money to the issuer for a
specified period of time, at
a fixed rate of interest (the
coupon rate). Interest, .is
paid until the bond comes
due (matures) and the
principal amount is to be’
repaid.

interest rates offered by

Kevin Marleau
Investment Representative

bond will be worth

higher interest elsewhere.
Generally, the longer
the time to maturity, the

by rate changes. Other
factors that can ‘influence

secondary. market include
the financial health of the
issuer.and levels of supply
and demand.

new bonds vary. Forexample,
bonds issued by the Government of

Canada or by. provincial governments
feature lower rates because investors »

are willing to accept less in interest
in exchange for the security that their
principal will be repaid. Bonds issued

by corporations, such as the Royal .

Bank, Bell Canada or Loblaw Cos.,
usually pay higher interest rates to
compensate investors for the added
risk not associated with government
bonds. As investors move lower on the
credit ladder, the more they should be
compensated for uncertainty.

Rates also vary depending on the
length of the bond. Bonds are issued in
maturities that range from a few years to
30 years or more. Longer terms usually
mean: higher rates, to compensate for
increased uncertainty over an extended
time.

:There’s another key element of bond
investing: buying and selling existing
bonds instead of purchasing new
bonds.

Once a bond is issued,
trading on the “secondary market.” This
brings into play an important aspect
of bond ownership-the potential for
capital gains and losses. If interest
rates decline, bonds appreciate in
price. However, if interest rates. rise,
bonds depreciate. Think of this as a
teeter-totter, with rates on one side and
prices on the other. But no matter what
the price of a bond, at maturity the bond
is worth its “face value” (the principal

it begins.

Because of - the interrelationship
between bond prices and the coupon
rate, bond returns are typically expressed
as “yields.” A bond's current yield is its
yearly interest, divided by its price and

. expressed as a percentage. Yield to

maturity takes into account discounts
or premiums to a bond's price, plus
interest payments. This gives investors
a more, accurate measure of return.

‘You can find bond yields through your

investment dealer.
Of course, there’s more to bonds

than this simple outline. For more

details on bonds. and yields, ask your
financial or investment representative.
A professional can help. you choose
bonds or bond funds that are right: for
your portfolio. MEMBERCIPF =,

less ~
because buyers can get”

more a bond is affected

the price. of a bond on the

UPCOMING SEMINAR

INVESTING WITH

MUTUAL FUNDS

Guest Speaker: Christian Mattenley (AGF)

Wednesday, Nov. 23, 2005 at 7pm.

Please Call To Reserve Your Seat
at 638-1202 or 1-877-638-1202

Edward Jones
_ Serving Individual Investors

. 107-4716 Lazelle Avenue
Terrace, B.C., V8G 1T2
(250) 638-1202 or 1-877-638-1202

secondary educators is on...

Reflect |

° Vision
e Integrity

@ Experience |

ELECT

X BRIAN

as COUNCILLOR:

6 Days A Week 635- 5225 Lazelle Mini Mall | 4 Ach

Mon.-Fri.Noon-5: 30pm * Sat. 10:00am-5: 30pm

HAL STEDHAM

brian .déwnie@telus.ne .

(N&S ie CENTRE LTD.)

+ Car & Light Truck Repair ¢ Brake Specialists

Fe. FALL MAINTENANCE 21" oar

‘SERVICE PACKAGE i

Call for full details.

4917 KEITH AVENUE, TERRACE
250- Ss ca liatid

MOL DAY TRADE a

TEES Just ArriveD!

NEV

We’RE READY FOR Curistmas! ARE YOu?

We have an incredible selection of Jewellery, Collectables.

Ornaments. Purses. Scarves, Hats, Gloves. Picture Frames
Bath-Body & Hair Products. And So Much More!

HAIR IR GALLERY ~

47D Keith Ave., Terrace (All West Glass Centre). .
- OPEN 6 DAYS A WEEK © 635-3729

NEW INDUSTRY
EQUALS.
NEW JOBS

; New investment in our city makes
_us stronger; more able to resist.
economic ups and downs. We must WH
work to achieve this end.

An electromechanical power-assisted steering system. -
Some have it. Some don't. |

The new Jetta ~

Starting at just . . .
5269 AB |
APR
$0 first monthly $0 security .
poyment deposit =

Always one of the bestequippad in its class,
with its electronic braking distribution system, ~
anti-slip regulation, independent front and

_. fear suspension, and superior road-holding

capabilities, the new 2006 Jetta gives you -
_ all the confidence and the perfect German

a month*
48-month lease

~ newjetta.ca

4

engineering to chow down ‘on. asphalt.
Not soft shoulders! Test drive one today on
a curve near you. Drive it. You'll get it.

—_ Drivers wanted: { (V7)

800 DRIVE VW | Vw.ca

jAloys obey speed limits. No won were harmed in the making of this odvertisement, “Offer applies to a 48-month lease fora 2006 Jetto, 2.5-lire gos engine, S-speed manual and includes freight. $3,380 down payment, no first monthly

payment (up to $500 = no cash value) and no security deposit required at time of transaction. PDI, insurance, licence, admiristration/registration fees, PPSA and upplicable foxes extra. Monthly payments fotal”$12,643. At lease end, lessee

_ responsible for $012/km over 80,000 km, and damage ond excessive wear. Requires Vi

1 Finance approval ond dealer p ion, Dealer may lease for less. See dealer for details. Offer ends November 30, 2005. Supplies c ore limited.

‘Atall participating Volkswagen Dealers including your local Dealer:

Columbia Autohaus Ltd.

4109 Substation Avenue, Terrace

(250) 635-5717

oo