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Home My WebLink AboutThe Goderich Signal-Star, 2009-07-15, Page 1044A44/40@est Page A10 - Goderich Signal -Star, Wednesday, July 15, 2009 WANTED 7 HOMES THAT NEED ROOFING 7 homes in your area will be given the opportunity of having an INTERLOCK metal roofing system installed on their home at a reasonable cost. This lifetime product is capturing the interest of homeowners across the country who want to know this will be the last time they will have to reOroof their home. Our product is environmentally friendly and comes with a transferable Lifetime Limited Warranty with an excellent choice of colours to complement your home and is going to be introduced to your local market. Your home can be a show place in your neighbourhood and we will make it worth your while if we can use your home. Please call: 1-866-733-5808 Toll -Free 24 hours 7 Days a week t."; ANA 144, Photos by Denny Scott Scottish Flair on The Square Pipe bands played both on their own and in a mass band walking around The Square on Saturday, July 11, Left is Peter Fortune of the Stratford Police Pipes and Drums, and right is Dave Mclvor proudly dis- playing the local Celtic Blue Highlanders insignia. No moratorium on wind farms in ACW —Donny signal -star staff The President of the Huron County Federation of Agri- culture has asked local municipalities to put a moratorium on commercial wind projects. Wayne Black asked local councils, including Ashfield- Colborne-Wawanosh (ACW) Township Council, to sup- port an epidemiological study into the health impact of specific in- frastructure of wind energy proj- ects, as well as a moratorium on commercial wind energy projects, pending results of said study. Black explained that many initiatives have asked for envi- ronmental studies around wind turbines, but ignore the health . impacts. He said that farmers would like to see the results of this study. Reeve Ben Van Diepenbeek ex- plained that council isn't ready to enact such a moratorium, and that even if they did, the new Green Energy Act, soon to be imple- mented by the Province of On- tario, would over -ride any ruling made by council. "I can definitely support the [study], but I don't think we're in a position to make that decision; we're going to be superseded any - ways," said Reeve Van Diepen- beek. Coun. Barry Milian explained that moratoriums can only be placed so often on any one kind of land, to which Black responded, make the moratorium only affect • N '*4 y. • !4: rt4 • , i •5.5• 5 S b f:' 51:(8 f4 t ' s 4 ••"2, • rt But, funds, `4" FS f, / /t the day to mirr+oriu ng .t al funds are usually and redeemed at thetest • • sf Diroilingon the type of investor, that can be an advantage or 'trading f` g choice for "passive" investors who are sallsfied with rforatatice that mirrors that of overitfinancialoverall markets or sectors and who don't want to actively trade divictUal securities. But for investors seeking the potential to outperform markets, actively managed mutual funds or individual seal:Wes can be a better choice. In Canada, ETPs range from those that -that track the broad S&P/T X Composite Index to those that track market sectors such as energy, gold, finance and tet3rnolegy. There are also ETFs that track dividend -paying stocks, fixed-income investments and international markets. Howeveri the selection of ETFs is limited in comparison with those offered on U.S. and other international exchanges. For example, there are around 35 international single -country EI'Fs trading on major U.S. exchanges. There are also more "exotic" ETFs, including those whose performance is linked to prices of commodities such as oil, gold and silver. (Remember that when trading securities in foreign markets, exchange-rate fluctuations affect returns.) Investors like ETPs because they're easily accessible through tri accounts at brokerages and other institutions. other advantages include: • Low management expenses. Management expense ratios are generally less than those for similar index mutual funds, meaning investors keep more of fund profits. • Tex efficiency. ETPs are less likely than some mutual funds to make large distributions of capital gains. These distributions are taxable in the hands of investors outside a Registered Retirement Savings Plan or other registered investment There are also disadvantages to BTP. • 1r n s will never outperform the index on which they're based. In fact they wIDslightly under pedant), • due to management expenses and trading costs. And because performance is correlated with indexes, market turbulence has an immediate impact on prices. No 'active" management Investors who buy non -index mutual i funds benefit from the services of professional ft:imminent nent managers with strategies designed +tn reflect fund objecdveo and risk profiles. Because ETFs mirror the performance of indexes, , numagernent abilities have little impar on EdwardJ-ones �� Erin Roy, CFP Financial Advisor 519-524-4873 108 Courthouse Square, Goderich www.edwardjones.com Member_ Before you invest to ETPs, speak to your financial advisor. A prohlsoional can help determine whether ElTs are suitable specific lands, like Agriculture Zones one and two. "It looks to me like that province is taking a good look at this; they're not rushing like they were. If we put a morato- rium on this, we'll be strapping ourselves for future actions," said Minim. Administrator/Clerk-Treasurer Mark Becker explained that the debate on the moratorium is not a pressing matter, as there are no wind projects approved in ACW in the near future. Minnesota's Department of Health determined that wind turbines were causing health problems, especially inner ear problems, according to Black, and the HCFA believes this prompts an epidemiological study, which focuses more on health effects. Black said that they don't know what needs to be done with the wind farms, but that they need to have scientific research and reasons for set backs, and not just base them on feelings. "Currently the setbacks that the lower tier municipalities have vary from one region to another. There should be some scientific basis for setting those setbacks other than emotions - although emotions are not truly scientific. What we would like to know is what is safe for our families and members who live, work, play, and sleep in our communities? We may find that the setbacks should be set at 1.5 km as the World Health Organization (WHO) recommends, or we may find that 350 metres is an appropriate setback," Black said. Biackrexplained that, as president of the HCFA, he repre- sents individuals both interested in having wind farms and individuals against them, but he has to represent both. "We have members who are both for and against the wind projects and we need to assist both sides. By saying no to the wind power we would be denying some fanners of the extra income from the lease agreements or electricity sales if they built their own systems," he said. "By saying we can build the turbines and infrastructure associated with the wind projects anywhere, we could be denying the fanners who are negatively affecting their own health." ACW council members are supporting the health impact study that Black called for. Liada Rearstme Desig,rr Bei Stoma ,)signer Wast Coast k i t c hen s... And Much More • Kitchens • CustomVanities • Entertainment Units • Home Offices tJ�tt�Ai, �1�A��A�C1 C Us'I•OM DESIGNS &CouNTEanues Visit Our Showroovn! 50 West St. Goderich 519-440-0352. 1-566-440.0352 c tkytrh a gala, ca...kr 4 Ceraawyrt 1ederes%.jibe Year Avers LMf Ease& w'e keest iMikiebletv....cs LUBE - OIL - FILTER All Gas Powered Cars and Light Trucks X33°° Plus Tax Includes: EHE (Environmental handling charge), up to 51 of oil, Fluid Top Ups, Exterior Car Wash. No Disposal Fees. Shuttle Service, McGEE Motors Ltd. Your Full Line GM Dealer 180 Suncoast Drive E. 519-5244391