Page 16 - 2018SpringSpectrum

Members in the News

the Region of Waterloo a better place to live, work, and play.” idly evolving and creating a significant impact on the econo-
my and changing our quality of life,” says John Hamilton. “We
The naming opportunity for the theatre became available believe such innovation should be celebrated, which is why
when the Dunfield Retirement Residence, a $30 million mod- we made the decision to increase our support and recognize
ern senior retirement living complex located in the Saginaw Drayton Entertainment’s vital contribution to our community.”
Parkway and Light Drive neighbourhood, was sold by Shiplake
Properties to Revera, therebyending the Toronto-based com- With the Hamilton family increasing their support to a new
pany’s operations in Cambridge. level, Drayton Entertainment was free to pursue a partner for
The Hamilton family initially contributed $500,000 in 2013 dur- the newly vacant auditorium naming opportunity. Enter Mat-
ing the theatre’s inaugural season, in exchange for naming the tamy Homes, North America’s largest privately owned home
auditorium. Their cumulative support now totals $1.15 million. builder, with 90,000 homeowners in hundreds of communities.
The company has three notable projects underway in the
“We are blessed with a cluster of arts and culture that is rap- Region of Waterloo, including Wildflowers in Huron Park,

You Asked, We Answered!

Education Financial Planning

I want my four-year-old son to develop a love of reading, Why fees matter especially
but he doesn’t seem to be interested. How can I help him over the long term
learn to love books as much as I do?
Children are aware of our expectations and they recognize our desire for Every investment has a cost even though it's taken a long time for disclo-
sure of those costs to be reported. As of last year, investment firms have
them to read. To avoid disappointing us, children with reading issues may
just push books aside for activities that don’t involve so much effort. to report what clients pay for their investments. So now you can make
comparisons.
Strong reading skills are the foundation for so much of our learning, so
it is an important skill to have. Luckily, a dislike of reading at a young A difference of 1 % may not seem like a big deal but it adds up over the
age can easily be overcome. Oxford Learning has a great program called
Little Readers that combines both phonetic and word recognition reading long term thanks to the magic of compounding along with your invest-
instruction to help little ones become strong readers. But there is a lot that ment returns. A 1% difference in fees means you lose the growth on
you can do at home. If you share reading time with your son, you can turn that difference you might have had for what could be many years into
it into a positive experience. Read together and talk about the book. the future. Here's an example. If you had Sl00,000 invested earning 5% a
Remember that learning to read can be a struggle for many children, but if year for the next 20 years and your fees were 2% a year you would have
you give your son the skills that he needs to be a successful reader, a love SlS0,611 at the end of those 20 years. But if your fees were 1 % instead,
of reading will follow eventually. you would have S219,113 at the end of those 20 years. That's a difference
For more information and programs visit of S38,502 which shows fees do matter.
www.oxfordlearning.com/cambridge Brenda Potter Phelan, BA, RRC®, CFP®, CPCA, CPA, CGA
519-224-0158 brenda@silvercompass.ca www.silvercompass.ca
Lawyer Real Estate

What must an employer do about Can I use the same REALTOR® to sell
workplace harassment? my house and buy the next one?
Under the Ontario Occupational Health and Safety Act,
an employer is required to post its workplace harass- When you find a REALTOR® who is right for you, then ab-
ment policy in a conspicuous place in the workplace. If a solutely, you can use that same REALTOR® for both sell-
Gordon S. harassment complaint is made or an employer becomes ing and buying a home, especially if you’re staying in the
McSevney aware of an incident of harassment, the employer must same town or community. Your REALTOR® is familiar with
also initiate a process for investigating such complaints your ownership needs and can help you find the ideal
or incidents with an eye on confidentiality. The stakes can be very high, property. Additionally, you’ll save time in working with
(i.e. job termination) and using the services of an outside and impartial Gary** & Debbie* one REALTOR® instead of two. And even if you’re moving
Baverstock
investigator might avoid later allegations of a biased investigation. 519-622-7677(bus), to another market, your REALTOR® can still be a big help
888-218-6589
It is important for employers to recognize and deal with incidents of ha- (toll-free) by referring you to an experienced REALTOR® in that com-
rassment promptly. Taking quick action lets employees know the allega- ** Broker of Record munity. As for whether you'll save money, real estate fees
tions are being taken seriously and could prevent the behaviour from * Broker or commissions are completely negotiable between you
escalating to criminal conduct. If an employer fails to address harass- website: and the individual brokerage.
ment properly, the employee(s) being harassed might also resort to su- GaryBaverstock.
ing the employer. Realtor With over 28 years of real estate experience in the
email: Gary@
McSevney Ebben LLP | 708 Duke Street, Cambridge ON 519-653-3217 TheBaverstock Cambridge/K-W area, give Gary & Debbie a call and let’s
talk!
www.mcsevneylaw.com Team.ca
16 www.cambridgechamber.com
Spring 2018