Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 11, 1998, Winnipeg, Manitoba Winnipeg free press monday business May Steve email b7 business Calendar tse300 Friday Trade Price april i new motor vehicle Canad March retail april producer Price apr i consumer Price aptly existing Home april consumer Price april business March a real april leading april Industrial april capacity april today the certified general accountants Manitoba will hold the certified financial plan with instructor Otow from 9 to 4 atthe Winnipeg Squash Racquet 275 Stra Brook to Register Call inter Vista will hold a today project management course by Edward today arid tomorrow from to at the crowne fee to Register Call 1 the Manitoba safety Council will be offering its five Day for Kurt truck instructor course with instructor David for information Call fee tomorrow Winnipeg Ponce service will hold a free pro Gram that teaches business owners and staff to establish a robbery prevention detect and deter Deal with credit card improve personal develop emergency procedures and prevent break and at 1 at the Windsor Park to Register Call crime prevention at custom learning systems offers six Star customer Satis fac Tio winning with difficult customers from to at be club Register at fee Market driven training will hold Iso an aware Ness and internal auditing training tomorrow and wednesday at suite main to Register Call Louise at the Manitoba safety Council will be offering its certified work place inspections course with pre Senter Bill for information Call fee Aon consulting hosts a break fast seminar on total Bompensa hot whats not and Why at the Lombard hotel from 8 to 10 with presen ters Ksn Gode Venos and Diane panting of Aon a sep at wednesday the Accident prevention association monthly dinner meeting beginning at 5 at 826 Regent features guest speaker Gord Macpherson of Macpherson and associates on the topic it just makes Good business confirm attendance at 275 fee the Manitoba safety Council will be offering its halfday introduction to confined entry with pre Senter Stu for information Call fee the Manitoba Home builders association May dinner meeting features guest speaker Premier Gary Allmon beginning at 6 at the the Ohba will also Host a builders forum from to Register at 925 dinner fee the Institute of certified management consultants of Manitoba Host its final program luncheon of the season from to at the Winnipeg chamber of Commerce guest speaker is Bennet president of the Winnipeg commodity a sep at fee custom learning systems offers advanced presentation skills from to 5 at Delucas training 950 Portage fee to Register Call the business development Bank of Canada offers the Busi Ness management a six week program designed for unemployed Man agers and for information regarding the next session Call deadline for applications is May Bookstore offers Blac interest items to clients thursday the National soc taty of fund railing executives hosts a special meeting from to at the hotel fort Garry with Gordon director of Public affairs with the Canadian Centre for philanthropy to discuss the ethical code for car Frame fundraising and financial a sep at 4881318 by May fee members Friday department of electrical and computer University of will hold a free pad conference from 9 to 3 at Johns University of Manito to Register Call coming soon Canadian club luncheon meeting with Darren minister of will take place May 19 at at the Conven Tion tickets members to Register Call Manitoba tourism education Council will hold a customer service seminar May 19 and May from to at suite main to Register Call Manitoba safety Council offers its certified professional Driver improvement course with instructor David May for information Call fee Manitoba safety Council offers the halfday exploring overhead Crane safety issues on wednes May fee to Register Call the Canadian association of logistics management hosts a Roun Tawe breakfast on May 21 at the Winnipeg convention Centre from to 10 the topic of discussion is Board room logistics unlocking new opportune Tea for growth with pre Senter Robert Lennox of Anderson con settings logistics and Supply Chain strategy consulting for information Call fee members on May the Mani Toba safety Council offers its certified defensive driving course with instructor David for information Call fee Winnipeg transition at 1836 main offers the course cd creative and playful approaches to career counselling from rigid boxes to floating Neckar cubes from to on May 21 and May 28 and May 29 and sat May 30 from 9 to 5 instructor is David for information Call fee on May the fron tier Centre for Public policy hosts a policy lecture series on the new can the Public sector compete beginning at 5 at the fort Garry guest speakers Are Stephen fan Takao and Steve Indianapolis Union for More information Call fee seat Winnipeg Isaac chapter will hold a today can audit seminar thursday and May 21 and 22 from 8 to 5 fee Mem Bers to Register Call Barry on May 22 the certified general accountants association of Manitoba presents the seminar Public practice How to stay competitive from to 4 at the Cha leading the seminar is Kent Sabine of Cha for More information Call the free press welcomes items for the business they should include sponsor and fee and be mailed to Edward mat free 1355 Mountain or faxed the free press charts the growth i of entrepreneurial efforts in Manitoba i with a list each week of new business company afr Centra owner Sonia Hinds location 703 Corydon second floor business Bookstore and gift shop Spe Home buyers beware the 95 per cent mortgage insurance Premium Rise can Cost thousands by James Mccarten Canadian press Toronto for several years first timers have been Able to buy a House like some people buy Home furnishings a Little Money dont pay until the year but just like the so called deals offered by their housewares asking Ottawa hard sell on hous ing has some costly the biggest kicks in when Canada mortgage and housing raises the insurance Premium on a 95 per cent mortgage to per cent from per its All part of a macs plan to make the five per cent Down pay ment option available to All Home instead of just firs time buy ers As has been the Case since and while the difference Between per cent and per cent Doest sound like it can mean thou Sands in extra expense when carried Over the life of a 25year the Cost of getting that mortgage to buy a House has gone up consider said Alan an Ontario real estate lawyer and author of several books on How to buy a High ratio mortgage for a House Pur chased with five per cent or translates into a High ratio mortgage of the Chc requires such mortgages to be before that mortgage would have Cost in insurance pre while it can be paid up most homeowners build it into the where it will Cost an additional Over 25 years assuming a rate of per total Cost As of that insurance Tab climbs to with interest costs of More than said Sil total Cost the Loans in that category would have to be viable Over the Long term if we go through recessions and what whatever we Price it at has to ensure that the program is said Arthur the a macs director of insurance products and maximize Down payment some sources for maximizing your Down payment t family dont be afraid to ask who Are often willing to Tresp taking Money out of an resp is penalty free Home buyers who plan to use it for a Down it must be paid Back it than 15 plus a two year Grace which Means borrow ers can Watt until 2000 to Start f scrimp and save cutting Back on frills arid expenses is the Best to a second if is another Way to bolster a meagre Down v Wash Yow Rooney if you have the room in your consider maximizing contributions with your Down payment first in order to get the tax use the tax rebate to pay Down the the solution take every possible step to get your hands on enough Money to make a 10 per 15 per cent or even a 20 per cent Down pay since the interest costs fall at each Silverstein a 90 per cent mortgage that a 10 per cent Down payment will Cost per cent in when the mortgage represents 75 to 80 per cent of the value of the the insurance Premium is per Between 80 and 85 per cent the rate is two per As of buyers who make a Down payment of Between 10 and 15 per cent will pay per cent in insurance while Between five and 10 Means the highest per a lot of people Are Between five and 10 per cent there not at either there in the said Sil these Are the people who May seriously want to consider get Ting the funds from another Lou an Independent Finan Cial consultant in said higher insurance rates the five per cent Down program still allows a Home buyer to get into a House for a lot in the Days when a 25 per cent Down payment was the Only Way to buy a for a property would have required a Down payment an impossibility for Many is All it takes plus a Little youre going to pay a per cent Premium on the outstanding youre still in for a lot less than Schizas and in today Market youre still Way ahead of the if at air it makes sense to maximize the Down payment to lower the insurance Schizas the question where do you get the Money youve got to go to your love Money that that that that says if youre not going to be Able to reach into your jeans immediately to do it because you have other Cash flow go to your love Money offset the extra expense Early by buying a House that has a base ment suite you can rent Cut Back on your own expend Schizas sock away a Little More Cash before signing on the clotted then theres the trusty old which Ottawa says firs time buyers can dip into to the tune of in order to make a Down payment on a in if youre just starting to save for a nothing makes More sense than to run your capital through an resp to get the tax Breaks before borrowing at no penalty to buy a borrowing from an resp May be too painful for someone who Doest want to give up More than 15 years of tax free but that Money can be paid Back 13v the numbers Coupon these savings though marketers reduced t number of Cyl Cerf coupons distributed directly to Consumers Wayne analytical noted a dramatic shift within the Market in the types of products being for the first time last More coupons were issued on nonfood products than on food in nonfood products like health and Beauty household care and person Al care products accounted for 58 per cent of All coupons distributed in this change also led to an increase in the value of coupons distributed and redeemed to 80 cents per Coupon from 70 cents in the average value of coupons on food products was 55 and on nonfood products 93 one reason for this Mouland is that nonfood products being coup one tend to carry higher retail distributed in Tois valid period in Days 204 average face value per Coupon redeemed went share of coupons distributed 1996 free standing inserts newspapers 45 inshore 12 in and on package 17 direct mail 11 Magazine 4 Charity 5 other 6 1986 140 270 70 cents 1996 48 14 20 6 5 5 2 1h7 130 257 80 cents 1997 54 11 17 6 4 5 3 open for business Cial izing in Blac interest books and a wide Range of books by Africa american and african Canadian authors makes afr Centra win Nipges largest Bookstore for Blac interest books and gift Ware from around the world includes hand carvings in Wood and jew greeting musical instr baskets along with contemporary and authentic afrocentric i am part of a Book club and it was difficult finding titles by Black says owner Sonia the store fills a real void in the Ive had a lot of positive feed Back since opening because we carry a lot of items you cant find anywhere started a new or opened a new store the free press wants to hear from notices should identify the com Pany Short description of the number of Startup Date and Telephone new business Tele phone numbers must be available through directory Send to Edward mat free 1355 Mountain r2x 3b6 or fax ;