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HomeMy WebLinkAboutThe Citizen, 1993-06-16, Page 6Graduation BIG STEP for small business • • • • • • FEDERAL GOVERNMENT ANNOUNCES IMPROVED SUPPORT FOR SMALL BUSINESS. 8 mall businesses are a vital part of our economy, accounting for 80% of net job creation in Canada since 1984. To further stimulate growth in this increasingly important business sector, the Federal Government has made significant improvements to the Small Business Loans Act. • Eligible business size increased to $5 million in annual revenues. • Maximum term loan size increased to $250,000 for the purchase or improvement of land, premises or equipment. • Financing up to 100% of cost of eligible assets. • Refinancing of assets purchased up to 180 days previously. • Limitation on personal guarantees to 25% of loan amount. • All small businesses are eligible except for farming, rental real estate or purchasing real estate for resale, charitable and religious organizations. Contact your local bank or other financial institution for full details. to I Minister for Science and Minister of State (Small Businesses and Tourism) Ministre des Sciences el Ministre (If Elat (Petites entreprises et Tourisme) Canada' PAGE 6. THE CITIZEN, WEDNESDAY, JUNE 16, 1993. Visitors tell of life in Slovakia Visitors from Slovakia Maria Kalaziova, Vince Bencsik and Nora Palenkasova are spending a month in southwestern Ontario. Mr Bencsik is visiting with friends and relatives and brought his new family, from Slovakia, to see Canada for the first time. By Janice Becker A long time resident of Canada, now of Slovakia, and his family returned to the area this week to visit with his family, Mike and Jan Alexander, of Belgrave. Vince Bencsik and family will be spending the next month travelling around southwestern Ontario meet- ing with friends and relatives in Belgrave, St. Thomas and Wood- stock. Vince Bencsik returned to his native Czechoslovakia, in 1989. There he met and married Maria Kalaziova. Within a short time of his return, the turmoil in the Soviet block began. In January, 1993, Czechoslovakia split in two. The family resides in the southern por- tion, the country of Slovakia, in the small town of Nove Zamky. Through Mr. Bencsik's interpre- tation, Mara and Nora, his niece, said they are impressed with Cana- da. They are amazed at how well stocked the stores are, especially the grocery stores. Inflation is very high in Slovakia, they said; all prices are at least twice that of Canadian ones. The new country of Slovakia is having difficulty adjusting to the democratic system. Products are in short supply, even the most basic things are impossible to find. Vince Bencsik tells a story of searching for a 5/8 bolt, to make a repair. After looking through four hardware stores, the bolt was final- ly located. There was one other problem. The store only had 11/16 nuts. The storekeeper explained to Mr. Bencsik, "We don't stock them because those who need them take them from the factories where they work." When asked what future she saw, for the youth in her struggling homeland, Nora, 21, had a simple reply, "None". The family is hopeful that they will see improvement for their country in their lifetime. There will be a general election DWAYNE EVANS B.A. Honours Mr. and Mrs. Gary Evans are pleased to announce the graduation of their son Dwayne from Wilfrid Laurier University, Waterloo May 29, 1993 with an Honours Geography/General History Bachelor of Arts Degree. He will be continuing his education at the University of Western Ontario, London for a Masters of Arts Degree. Love and Congratulations - Dad, Mom and Brent. BRENT EVANS H.D.D. Diploma Mr. and Mrs. Gary Evans are pleased to announce the graduation of their son Brent from Sault College, Sault Ste. Marie on May 1, 1993 with a Heavy Equipment Diesel Diploma. He Is currently working at Ward's Farm Equipment, Mitchell on an apprenticeship program. Love and Congratulations - Dad, Mom and Dwayne. Compost leaves, grass cut- tings, peels and all organic waste into fertilizer you can use in your garden. in two years. The ruling party is lead by a former Communist and though democracy is attempted, a dictatorship is closer to reality, Vince Bencsik said. This, their first trip out of eastern Europe, will hopefully be an enjoy- able and pleasant excursion for the Bencsik's Taking a breather Torch runner Samantha Mayer, 13, of the Wingham area, leads OPP officers on the run through Blyth where they stop for a breather. Samantha is a double gold medal winner at the provincial Special Olympics. She won the figure skating and track and field competitions at the winter and summer games. Escorting Samantha on her run are Chris Cossitt (left) and Mike Alexander of the Wingham OPP detachment.