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HomeMy WebLinkAboutThe Citizen, 1995-06-21, Page 11What a tug The dust was flying at Bluevale Recreation Park on Saturday for the Recreation Association's tractor pull. Bluevale hosts tractor pull FIREWOOD FOR $ALE 6g$),..Sett lit41p1si0413s(vv_ 21.19C11y critir tale)) fa' Lac', 711, laozeo THE CITIZEN, WEDNESDAY, JUNE 21, 1995. PAGE 11. Blyth PeeWee soccer starts with 4-0 win The Blyth PeeWee soccer season got underway in Clinton on May 17. The Blyth squad played a very strong game coming up with a 4-0 victory. Goal scorers were Jeff Cowan on a corner kick, Mike Ansley with two and John Eric Pardys with one. Assists went to Mike Courtney, Jeff Cowan, two, Johnathan Kochis, Dan Haak, Kelly Boven, April Van Amersfoort, two. On May 24 Blyth travelled to Wingham and again played a very solid game with a 12-0 win. Goals were scored by Courtney three, Pardys three, Jeff one, Kelly one, Ansley one, Dan Egli three. Assists went to Pardys two, Darryl Gerrits three, Ansley three, Egli two, Van Amersfoort two, Boven two, Cowan four, Kochis one, Hakkers one. Goderich Canadian Tire came to Belgrave for Blyth's first home game. This game was very evenly matched with great scoring chances at both ends, but Blyth came up short with a 2-1 loss. Ansley put Blyth's lone goal in single handedly. Lucknow hosted the Blyth Squad on June 7. With five under aged players Blyth could not penetrate the strong Lucknow team and handed them a 5-1 victory. Van Amersfoort put in a long shot from the corner with Pardys and Courtney setting her up. Blyth hosted the Goderich Knights of Columbus on June 14. With both teams taking to the field it proved to be a very close match. With Ansley and Van Amersfoort maneuvering the ball in tight quarters, they set up Gerrits who took a hard 25 yard kick to put Blyth up by one goal. This was a short-lived lead as Goderich came back with two goals. With a few words of encouragement at half time Blyth came out very strong as they took away a number of scoring chances. Cowan placed a beautiful 40 yard kick, putting it just under the crossbar to tie the game at two all. Gerrits made a nice pass up the side. line to Van Amersfoort, who in turn made a nice cross over to Pardys who headed the ball between the pipes. With the pressure on, Blyth was rewarded with a corner kick which Cowan placed perfectly in front of the net for Van Amersfoort to head it in giving Blyth the 4-2 win. This was a very well played game and a rewarding win. Good stuff team. The next game is June 21 in Belgrave against Clinton. Come out and support your local soccer team. The final results from the Bluevale tractor pulls are: Super modified, Jack Gifford, NY and Chris Sarkisian, Orangeville, tied for first; second, Dave Proudmouth, St. Marys; third, Dave Ryan, Bluevale. Continued from page 10 two. The fourth inning runs were scored by Lockridge, Ireland, McCallum, Campbell, Adam Gar- niss, Dean Walker, Mike Barfoot and Marc Alexander. Faced with the challenge of Exeter on Saturday, the boys left their bats at home. The low scoring game saw Exeter bring in one run in the first and third and two in the fourth while earning a shutout. With a quick trip to the lumber yard, the Belgrave bats returned for the contest against Stanley West Brussels lawnbowlers compete in tournament The Brussels Lawn Bowling Club hosted a tournament of ladies pairs or mixed pairs on June 8. The Maitland Valley Financial Consultants Ltd. of Brussels sponsored this event. The winners were: first, Bill Graham, St. Marys; second, Jack McDonald, Lucknow; third, Hap Hall, Lucknow; fourth, Doug Kidd, Atwood; fifth, Marjorie Leslie, St. Marys; sixth, John Kindersma, Stratford; seventh, Lome Rennick, Atwood; eighth, Neil Bell, Seaforth; ninth, Don Haines, Clinton; tenth, Ed Eckmier, Mitchell; eleventh, Howard Baxton, Stratford; consolation, Ray Buchanan, Atwood. Second race, first, Jack Gifford; second, Dave Ryan; third, Chris Sarkisian; fourth, Dave Proudmouth. Ltd. modified class - first, Bill Fearis, St. Thomas; second, Steve later in the day. When the teams managed a tie at the end of the regulation four innings, a fifth and then sixth at bat were required to declare a winner. Belgrave came out blasting in the final frame, with the players hitting home nine times to take a resound- ing 13-4 victory. Runs scored in the sixth were earned by Garniss, Walker, Bar- foot, Ireland, Alexander, Burkhold- er, Lockridge, Rob Hill and a home run by McCallum. Earlier scores were tallied by Walker (two), Ireland and Gamiss. Join the farmers and villagers at Doon Heritage Crossroads as they celebrate Canada's birthday on Saturday, July 1 from 10 a.m .to 4:30 p.m. In 1914 the country was only 48 years old, and the patriotic feeling was alive and well. People looked forward to a day of musical entertainment, a family picnic, and other leisure time pursuits that were part of the celebrations on Canada's birthday. Doon will recapture the spirit on Spudik, Bolton; third, Mike Stoffer, Aylmer; fourth, Ed Burgers, Wingham. Second competition - first, Mike Stoffer; second, Steve Spudik; third, Mark Bardgen, Thamcsford; fourth, Bill Fearis. Belgrave Bantams met their match in the semifinals on Sunday when they came up against Stanley East. Stanley was off to a quick start, marking five in the first and adding two more in both the third and fourth. Belgrave could only bring one in on the legs of Ireland. Already down by eight, Walker was able to score one more for Bel- grave in the fifth before Stanley capped off the attack with two more. The game ended in an 11-2 loss for Belgrave. July I with a day long birthday party that will have all the traditional fun and entertainment from the turn of the Century. Horse-drawn wagon rides, a quilting demonstration, musical entertainment in the church, an afternoon concert by the Grand River Brass, a fired up steam engine and a free draw for a 1914 style picnic basket are all part of Doon's Canada Day party. Bring your own picnic or take advantage of the barbecue that will be set up for the day. The last frontier Get the government to help pay for your pension By Linda Henhoeffer Financial Advisor My husband is furious! Ron has paid into the Canada Pension Plan since its inception in 1966. Now, federal bureaucrats are concerned the Canada Pension Plan will be bankrupt about the same time Ron plans to retire. These same government officials are warning us 'baby boomers' to save money for our retirement income and not to rely so much on government pension cheques. But, saving money is very difficult for most of us because of all the taxes we pay to the many levels of government. StatsCan just released statistics that conclude after-tax family income has FALLEN 6.5 per cent since 1989. In fact, today's family income is at the same level as at the end of the recession of the early 1980s. What can the ordinary taxpayer do to build their retirement savings and reduce income taxes? Is it possible to get the government to help you to fund your retirement plan? Consider the 'Wealth Builder' program. This program starts by borrowing money from a bank or trust company. This money is invested in a portfolio of mutual funds. There are two main advantages to investing in this way rather than making monthly deposits to a mutual fund account. First, the interest paid on the bank loan is an income tax deduction. Second, the investor with a lump sum has a larger pool of money growing and compounding. For example, a $20,000 investment loan costs approximately $175 a month to service the loan at 8.5 per cent interest. It would take an investor contributing $175 a month almost 10 years to accumulate $20,000 of principal. To make this program even more tax effective, another income tax deduction is added by skimming the 'profits' off the original mutual fund portfolio every February. Putting this 'profit' into an RRSP portfolio of mutual funds gives you a second income tax deduction. To make it easier to pay the monthly payments on the bank loan, you can have your company payroll staff deduct less income tax off each pay cheque, instead of receiving your income tax refund as a lump sum in April of each year. Now your pay cheques are larger and the extra dollars can be used to make the monthly loan payments! This gets your money working harder for you, rather than giving it interest free for months to the government. For the example above, the $175 monthly payment costs only $51 out of the family budget after calculating your tax refunds. (This is calculated on your being in the 42 per cent tax bracket.) In order to have less income tax deducted from your pay cheque, a special form called a 'Reduction at Source' has to be filled out each December and sent to Revenue Canada for their approval. Revenue Canada reviews your investment program and gives your payroll staff permission to reduce your income tax on each pay cheque. The bank loan is amortized over 20 years because the plan is to pay the principal off as slowly as possible, to take advantage of the income tax deduction of the interest on the loan. This is difficult for most of us to understand as we have all been taught to pay off debt as quickly as possible. This certainly is good advice when referring to our mortgage on our horhe. But, remember the interest paid on our mortgage is NOT an income tax deduction! With all governments cutting back on services and programs, we must start relying more on ourselves. With the 'Wealth Builder' program, we can set up our very own pension plan ... and have the government help us pay for it! Bantams win 2 of 3 at tourney Canada Day picnic at Doon WEALTH BUILDER SEMINAR * Brussels Arena * Wednesday, June 28 * 8:00 p.m. Call to reserve your seat Linda Henhoeffer 1-800-667-3887 335-3887 inuestmentGentre