CREDIT INSTITUTE of CANADA The President’s Message · 2010-02-22 · Helms for help on seminars. And finally, ... stitches with her presentation of “Laughing Matters”. Overall

Office Address c/o Heather Strack

920 Spence AvenueCoquitlam BC V3J 4V5604-931-1515 fax 604-931-1545email: [email protected]

Golf Tournament Registration

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The 2002-2003 Board of Directors22222

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National Director’s Report

Your Application: Success in Court

Begins Here

GST Refunds

PST Checklist

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would l ike to thank everyone and especial lyt h e B o a r d o f D i r e c t o r s f o r t h e i r o n g o i n gs u p p o r t o v e r t h e p a s t y e a r. I t h a s b e e nb o t h a n h o n o r a n d a c h a l l e n g e t o h a v e

t h e p l e a s u r e o f s e r v i n g a s y o u r P r e s i d e n t .

I e x t e n d m y p e r s o n a l t h a n k s t o t h o s e B o a r dmembers who provided the support and professionalismt h a t e n a b l e d u s t o m e e t o u r e x p e c t a t i o n s .C a t h y D u n c a n , w h o w a s s o e f f i c i e n t w i t h t h eR e f e r r a l P r o g r a m a n d S t u d e n t Aw a r d s , F r a s e rf o r h i s i n p u t o n B y - L a w s , V i J o n e s M e m o r i a lAw a r d a n d C e r t i f i c a t e s o f M e r i t , T i m G r a h a mfo r h i s expe r i ence , know ledge and men to r sh ipa s o u r N a t i o n a l D i r e c t o r , A m b e r E l l w y n f o rh e r a s s i s t a n c e w i t h t h e S o c i a l P r o g r a m s a n dhe lp on Sem ina rs , Sha ron F rench f o r hand l i ngt h i s y e a r s n o m i n a t i o n c o m m i t t e e a n d f o r h e rd i r e c t i o n a s P a s t P r e s i d e n t . J u d y L o o y e f o ry o u r e x p e r t i s e a s Tr e a s u r e r a n d k e e p i n g u son t r ack , G reg Webda le f o r h i s he lp i n keep ingu s i n f o r m e d w i t h F r a s e r o n c u r r e n t c h a n g e st o b a n k r u p t c y l a w s a n d c h a n g i n g l e g i s l a t i o n .J im Jordan for act ing as our Student Coordinatorand go ing above and beyond on ou r Marke t i ng ,P u b l i c i t y a n d P r o m o t i o n s D e p t . a n d f i n a l l yN a n c y G o l d m a n f o r d o i n g t h e m i n u t e s f o r u sa n d B r i a n B r a u n f o r d i p p i n g h i s f e e t i n a n dt a k i n g o v e r s e m i n a r s b e s i d e s s t i c k h a n d l i n gf o r t h e n e w y e a r t h e We s t C o a s t C r e d i t L i n e .You ’ve been a g rea t t eam and I s i nce re l y t hanky o u .

P l e a s e p a s s o n o u r t h a n k s t o y o u r e m p l o y e r s ,Coast Tractor and Equipment, Vannet Newspapers,S t a n d a r d B u i l d i n g S u p p l i e s , We y e r h a e u s e r,N a t i o n a l G l a s s L t d , O r a c l e C o r p . , G a r i b a l d iG lass Indus t r i es , ACRO Aerospace Inc . , Coas tC a p i t a l S a v i n g s , a n d U n i s o u r c e . T h a n k s a l s ot o I r e n e J o y f o r a s s i s t i n g a s o u r C h a p l a i n ,Ca ro l B re in ing as ou r sen io r adv i so r and L indaH e l m s f o r h e l p o n s e m i n a r s .

A n d f i n a l l y , t h e b o a r d o f d i r e c t o r s w o u l d l i k eto thank Russ Ronalds and Equi fax for prov id ingus w i t h a boa rd room fo r ou r mon th l y execu t i vem e e t i n g s a n d b o t h E q u i f a x , D u n & B r a d a n dTr a n s U n i o n f o r y o u r s u p p o r t o n o u r m a n yp r o g r a m s o v e r t h e p a s t y e a r.

West Coast Credit LineA PUBLICATION o f t he BRITISH COLUMBIA CHAPTER,

CREDIT INSTITUTE o f CANADAwww. c r e d i t i n s t i t u t e . o rg

BC ChapterP r e s i d e n tH e a t h e rStrack’s mes-sage to F.C.I.’sand other pro-fessionals at theAnnual GeneralMeeting held atthe Arbutus club

Inside

The President’s Message

Sharon

French

discusses

benefits of

FCI

membership

I

.

Upcoming Events

Volume 1,Issue 1

2002

Student

Corner

Looking for a mentor to assistyou in your studies?

The a r t i c les wr i t t en for Wes t Coas t Cred i t L inea re fo r Cred i t I n s t i t u t e member s on ly and a r ep ro t ec t ed by Copyr igh t . Rep roduc t iono f any a r t i c l e s o r adve r t i s emen t s w i thou t t hewr i t t en p r i o r app rova l o f t he Cred i t I n s t i t u t eo f Canada , B .C . Chap t e r i s p roh ib i t ed .

Call Nancy Goldman, FCI 604-530-2311

Course Registration Deadlines

Spring: March 4, 2003

Summer: May 27, 2003

Winter: November 26, 2002

Fall: August 22, 2002

Our ma in f ocus f o r t h i s l as t f i s ca l yea r wasto re-bui ld our seminars program and improvecommunications with the student body. Thanksto J im Jordan we had our f i r s t S tudent N igh ti n y e a r s w i t h 3 5 a t t e n d i n g . O u r s p e a k e rwas Ca ro l Ann F r i ed who kep t eve r yone i ns t i t ches w i th he r p resen ta t i on o f “Laugh ingM a t t e r s ” . O v e r a l l t h e r e s p o n s e w a s v e r ypos i t i ve .

We w e r e a l s o a b l e t o s p o n s o r t h r e e n e e d yfamil ies through the Share Program who werevery gratefu l for our Communi ty Involvementand for making their Chr istmas much br ighteri n t hese ha rd t imes .We h a d o r i g i n a l l y b u d g e t e d f o r a $ 7 , 0 0 0loss, but f in ished the year wi th $(300) def ic i t .

Continued on page 2

MEET THE BOARD OF DIRECTORS

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Upcoming Events

July August September October

22nd - Fall course registration deadline

Carolyn Bach

Seminars

Leanne Jensen

Seminars

Amber Ellwyn

Programs

Jim Jordan

Student Coordinator

Nancy Goldman

Secretary

Brian Braun

Editor WCCL

Greg Webdale

Legislation

Heather Strack

President

Cathy Duncan

Vice President

Tim Graham

National Director

Judy Looye

Treasurer

Sharon French

Past President

23rd - Credit & Collections Seminar Full Day, CIC

12th - Golf Tournament, CIC

We e x p e c t t h e b u d g e t t o b e s o m e w h a t s i m i l a r i n 2 0 0 2 / 0 3 a s t h eWe s t C o a s t C r e d i t L i n e w i l l b e p u b l i s h e d o n a q u a r t e r l y b a s i s n o wtha t B r i an has ag reed to t ake on th i s respons ib i l i t y.

We a l s o i n c r e a s e d o u r s u p p o r t t h i s y e a r t o N a t i o n a l t o a s s i s t w i t hawards and scho la rsh ips .

P l a n s f o r u p c o m i n g s e m i n a r s a r e i n t h e p l a n n i n g s t a g e s n o w a n dw e a r e o p e n t o a n y s u g g e s t i o n s f r o m t h e m e m b e r s t o m e e t t h e i reduca t iona l goa ls .

We have a new Marke t i ng P rog ram i n t r oduced by Na t i ona l t ha t w i l la s s i s t u s t o w a r d s i n c r e a s i n g t h e s t u d e n t e n r o l l m e n t a n d p r o v i d e av i s i on t o t he bus iness commun i t y t ha t t he i nves tmen t t hey make i nhir ing an FCI Graduate wi l l pay off overal l in protect ing their companys’i nves tmen ts .

T h i s y e a r, w e c h a l l e n g e e a c h m e m b e r t o b r i n g o n e n e w m e m b e rin to the Chap te r and to take the t ime to a t tend a t l eas t one func t i onand /o r p rog ram p rov ided by you r Boa rd i n t he nex t yea r.

Yo u w i l l n o t e a n u m b e r o f e n h a n c e m e n t s t o t h e N a t i o n a l We b S i t ep r o v i d i n g u s w i t h c u r r e n t i n f o r m a t i o n o n t h e e d u c a t i o n p r o g r a m sand benef i ts avai lab le to the Credi t f ra tern i ty. Tim Graham is act ive lywork ing as the Chapter ’s Nat ional Di rector to ensure we are receiv ingthe suppo r t and i n fo rma t i on we requ i re as members . Remember t ocheck you r Chap te r Webs i t e f o r upda tes .

A t o u r g r a d u a t i o n t h i s y e a r w e w e l c o m e d 6 n e w g r a d u a t e s i n t o o u rChapter. We appreciate the assistance of the fo l lowing new graduatesN a n c y G o l d m a n , B r i a n B r a u n , L e a n n e J e n s e n a n d C a r o l y n B a c h

who have j o ined you r Chap te r Boa rd o f D i rec to rs .

F i f t e e n Aw a r d s w e r e h a n d e d o u t d u r i n g t h e p a s t y e a r t o t h e B . C .Students that achieved excel lence amongst their peers. 4 “Nat ional”and 3 “Chapter” p lus 8 “Local Awards” . The backbone of our ChapterAwards program is the suppor t o f loca l organizat ions that recognizet h e v a l u e o f t h e F C I d e s i g n a t i o n . T h a n k s t o T h e C r e d i t C a r e e rGroup of Vancouver, Dun & Bradstreet Canada, EDC- Export DevelopmentCorpora t ion , Equ i fax Inc . , The HSBC Canada Bank , Coas t Cap i ta lC r e d i t U n i o n , W h o l e s a l e F l o o r C o v e r i n g C r e d i t A s s o c i a t i o n a n dthe West Fraser Group for the i r cont inued suppor t and sponsorsh ip .

There were a lso 3 Honorary Awards th is year go ing to Pam Bur ton ,I rene Joy and Pa t r i c ia Veness and the Vi Jones Memor ia l to MyrnaEager. F rank Sne l l was a l so awarded the Ce r t i f i ca te o f Mer i t .

I would l ike to personal ly thank our Awards Chairman, Cathy Duncan,fo r he r ha rd wo rk and e f f o r t on t h i s po r t f o l i o ove r t he pas t yea r.

I n c l o s i n g , I a m p l e a s e d w i t h t h e r e s u l t s t h i s p a s t y e a r a n d i n t h eu p c o m i n g y e a r, t h e b o a r d w i l l c o n t i n u e t o m a i n t a i n i t s f o c u s o nthe key mandate of the Institute, namely educating credit professionals,and do ing wha t we can t o encou rage and ass i s t ou r s t uden ts w i t hthe i r s t ud ies .

Respec t fu l l y submi t t ed ,

Hea the r S t rack P res iden t , B .C . Chap te r,C red i t I ns t i t u te o f Canada

Continued from page 1

24th - Boat Cruise, CIC

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h e N a t i o n a l B o a r d o f D i r e c t o r sis made up of elected representatives

f rom each o f t he Chap t e r s a c ro s sCanada, and also includes a representativef rom bo th the Na t iona l Fo rum andthe Western Forum of Financial Executives.

I have been asked by your Chap te rBoard to say a few words on behal fof the Nat ional Board of Directors .

As t he Cha i rman o f t he Na t i ona lMarket ing Commit tee , I would l iketo s tar t off by speakingabou t a f ew of our newmarketing initiatives. Forthe first time in the Institute’sh i s to ry, we l aunched anational newspaper campaign,advertising the benefitsof becoming a member,o r h i r i ng a member, o ft h e I n s t i t u t e . We r a nperiodic ads in the NationalPost, Globe & Mail, andle Journal, over a 5 monthpe r iod . Our ma in goa lw i th t h i s c ampa ign i st o d e v e l o p w h a t m a n yof us thought the Institutewas mi s s ing - a b r andidentity. Real brandingis more than a logo, brochure,or a sl ick website. Realbranding is the serious,ongoing task of makingit easy for ordinary peopledo an extraordinary thing- change what they think.

We’ve a l so deve lopedmedia kits for each Chapter,and encourage them toinitiate their own marketingcampaigns. We’ve revisedthe co-op advertising program,inc r ea s ing t he amoun tavailable to each chaptert o $ 2 , 5 0 0 . 0 0 p e r y e a r,of which $500.00 maximumi s t o b e u s e d t o w a r d s

seminar advertising. The remaining$2,000.00 is for general advertisingto r a i s e t he l oca l awarenes s o f t heInstitute, and it’s educational programs.

Keep i n m ind t ha t t he In s t i t u t e i sowned by i t ’s members , so the onusi s o n e a c h a n d e v e r y o n e o f u s t opromote it, to increase the awarenesso f t he i n s t i t u t e , and member sh ipas a whole. The National MarketingCommittee is l imited by our budgeta s t o wha t we can do i n a g iven

y e a r, s o I ’ m c h a l l e n g i n g e a c h B CChap te r member, a s an owne r o ft h i s o rgan i za t i on , t o e ach s i gn up1 new member this year. Talk aboutthe Ins t i tu te a t your industry groupmee t i ngs , a t a bus ine s s f unc t i on ,or even at a lunch break at a seminaryou a t t end . Our Ins t i t u t e needs togrow, and we need your he lp .

Our 3 module Credit Basics correspondenceprogram was rev ised th is year, andnow consists of courses in Accounting

Basics, Basic BusinessLaw, and Basic CreditPrac t ices . This i s anexcellent introductionto the full FCI educationalprogram. If you haveentry level credit personnelworking for you, thisa so l i d p rog ram fo rthem to further developtheir credit and collectionsk i l l s .

Although the financialstatements are still beingf ina l i z ed , I c an t e l lyou that the latest figuresshow that we are trackingat a loss of approximately$35,000.00, which isabout $10,000.00 moret h a n w e h a d b u d g e tfor the year. Basically,the margins on our educationalprogram are not as lucrativeas they once were, despitesimilar enrollment numbers.An increase in our marketingbudget, along with thecosts associated withdeveloping the new CreditBas ics p rogram, andsome long-overdue upgradesto our National office,contributed to the budgetedloss fo r the yea r.

NATIONALDIRECTOR’S

R E P O RT Tim Graham National Director

T

Continued on page 6

Being a member of theBeing a member of theBeing a member of theBeing a member of theBeing a member of theCredit Institute of CanadaCredit Institute of CanadaCredit Institute of CanadaCredit Institute of CanadaCredit Institute of Canada

isn’t the only reason this manisn’t the only reason this manisn’t the only reason this manisn’t the only reason this manisn’t the only reason this manis successful. He’s successfulis successful. He’s successfulis successful. He’s successfulis successful. He’s successfulis successful. He’s successful

because he’s dedicated, knowl-because he’s dedicated, knowl-because he’s dedicated, knowl-because he’s dedicated, knowl-because he’s dedicated, knowl-edgeable and efficient. Justedgeable and efficient. Justedgeable and efficient. Justedgeable and efficient. Justedgeable and efficient. Just

like we taught him.like we taught him.like we taught him.like we taught him.like we taught him.

Bottom line: only members of the Credit Institute of Canadareceive ongoing education, skills enhancement and professionalguidance in their roles as Credit Professionals. And, only C.I.C.members can receive the invaluable FCI designation.Which begsthe question, “If you’re not hiring a C.I.C. member, who are youhiring?”

Credit Instituteof Canada

Est. 1928www.creditinstitute.org (905) 629-9805

Your Application

he best defense is a goodof fense! This s tatementbea rs much t r u th when

i t pe r t a i ns t o you r bus iness .Your f i rs t l ine of defense whenpro tec t i ng you r i nves tmen t i syou r c red i t app l i ca t i on . Oneof the seminars hosted this yearby the BC Chapter of the CreditIns t i t u te o f Canada was t i t l ed“The Small Claims Court Process”presented by A lan Fraser, FCIof Standard Bui ld ing Suppl ies,and Kevin McKenzie of McKenzie& Co . Ba r r i s te rs /So l i c i t o rs .

Kevin’s area of expert ise withinh i s chosen p ro fess ion i s deb tco l lec t ion and lega l remed iesfor successful col lections. Thiswas evidenced by the cohesivelyguided tour of court proceduresand requ i r ed f o rms i nc l ud ingtime sensitivity of court documentregistrations; the micro-managemento f each f i l e – t o t he po in t o fj udgment and beyond . Th is i st he po in t whe re you r f i l e h i t syour lawyer’s inbox. Kevin pointedout that i t is on your appl icat iontha t w i l l be the de terminant o fpos i t i ve ou t comes when youge t t o t h i s s tage o f t he game.

So jus t what shou ld appear onyour Kevlar based appl icat ion?I t i s the purpose o f th is a r t i c let o ou t l i ne and b r i e f l y d i scusssome of the essentials that shouldappear. Alan Fraser will providea more in -dep th d i scuss ion inan upcoming issue of the WCCL.

Just how big should the documentbe , and wha t con ten t shou ldappea r? Fon t s i ze o f 10 bylaw. The actual application doesno t need t o be more t han 1page and should inc lude Legalname, doing business as, address,fo rm o f bus iness , te rms, a co-covenantor or guarantor section,and a spot for signature, includingdate and witness. Your applicationshould not inc lude the amount

of credit requested as the guarantormay use this as a defense statingthat they only thought they werego ing t o gua ran tee up t o t hereques ted amoun t .

The terms of the credi t accountare very impor tan t and shou ldbe rev iewed by your a t to rney.They shou ld inc lude spec i f i cson paymen t da te eg . when i spaymen t due - spec i f i c da teor “x ” days f rom invo ice da te?

The terms should cover interestand mus t be s ta ted i n bo th amonthly rate and an annual rate.You can a lso inc lude a c lausewhich will give you the opportunityt o change t he s ta ted i n te res trate at a future date. Post judgementinterest should also be coveredin the terms section of the application,o the rw ise the deb to r may usethe court appointed rate, (floatingrate based on prime), as a cheapfo rm o f f i nanc ing

Your application should includea verification agreement clause.Th i s c l ause l eaves t he onus

on t he cus tomer t o ve r i f y t ha ta l l i nvo i ces a re co r rec t l y b i l l ed, and hence to no t i f y you w i th ina se t t ime f r ame .It is wise to include a clause pertainingto t he j u r i sd i c t i on o f l i t i ga t i onp roceed ings i n t he even t o f ab reach o f t he con t rac t .

Which br ings us to the guarantorsection. As previously mentionedthe guarantor may have severa lde fenses wh ich may a l low themto escape responsibility. To overcomethis, a co-covenantor agreementmay be used to solidify their commitmentof guarantee. The co-covenantoragreement makes the guarantorj o in t l y and seve ra l l y l i ab le as aprinciple debtor - hence becomingthe same legal entity as the principle.

I f us i ng a gua ran tee , i t shou ldencompass successors, assigns,associated companies and subsidiarycompan ies .

Don’t leave your company exposedto potent ia l losses. Ensure thatyour credit application adequatelyp ro tec ts your i nves tmen t .

Your best defence is a good offence.


Success in Court Begins Here!

T

McKENZIE & COMPANY

BARRISTERS & SOLICITORS

891 HELMCKEN STREETVANCOUVER, B.C. V6Z 1B1

KEVIN G. McKENZIE TEL: (604) 687-7811FAX: (604) 685-4358

Brian Braun,FCI

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To ge t a f i r s t hand look a t the f ina lf inancial resul ts , your are welcometo attend the National Annual GeneralMeeting, to be held on June 14, 2002at the National office in Mississauga.

The 2003 National Credit Conferencewi l l be he ld on June 11 - 13 , 2003 ,i n Mon t Tremb lan t , Quebec . Asalways, we’ll have top notch speakersr u n n i n g s e s s i o n s o n c u t t i n g e d g et o p i c s , t o m a k e s u r e w e h a v e t h ela tes t tools to do our jobs . Host ingi t i n a wor ld -c l a s s r e so r t w i l l a l soadd to the enjoyment of the Conference.Mark your calendars now, and pleaseplan to attend. Information packageswi l l be mai led out shor t ly, and youcan a lso access informat ion on ourwebs i te .

The Canadian Credit Institute EducationalFounda t ion , o r CCIEF, i s a no t fo rp ro f i t o rgan iza t ion e s t ab l i shed in1 9 6 7 , a n d i s a r e g i s t e r e d c h a r i t yu n d e r s e c t i o n 1 4 9 o f t h e C a n a d aIncome Tax Act .

The Foundat ion’s pr imary purposeis to ra ise funds which are invested

National Director’s Report continued from page 3

in pe rpe tu i ty, wi thincome generated to supply bursariesand awards to s tuden t s en ro l l ed inthe FCI p rogram.

The Canad ian Cred i t Managemen tFounda t i on , known to mos t o f u sa s ‘ t h e C r e d i t e l m o n e y ’ , d o n a t e d$10,000 .00 to the CCIEF las t year,and has pledged to match contributionso f up t o $10 ,000 .00 i n bo th 2002and 2003. This means that the CCIEFwill have to raise $10,000.00 i tself ,to receive the $10,000.00 contributionfrom the Canadian Credit ManagementFoundation. The CCIEF is appealingto t he In s t i t u t e ’s member sh ip andalumni to consider making a donationto th is wor thy cause , to ensure tha tour bes t and br ightes t are rewardedfo r t he i r e f fo r t s . P l ea se cons ide rp u t t i n g t h e C C I E F o n y o u r l i s t o fcharities for a tax deductible donation.

In c lo s ing , I wou ld l i ke t o r emindthe BC Chap t e r t ha t t he Na t i ona lDirectors are sensi t ive to the needsof the Chapters’ and their members.I e n c o u r a g e y o u t o c o n t a c t e i t h e r

myself, our President and Dean RollyBuchanan, or our General Manager,Geoff Wilk inson, wi th any of yourques t ions , concerns o r ideas .

F i n a l l y, I w o u l d l i k e t o t h a n k t h emembers o f t he BC Chap te r and inpart icular, your Board of Directors,for your assistance and participation,and for your support and encouragementd u r i n g m y t h i r d t e r m a s N a t i o n a lDi rec to r fo r Br i t i sh Co lumbia .

SURPRISES AREN’TSURPRISES AREN’TSURPRISES AREN’TSURPRISES AREN’TSURPRISES AREN’T

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A l o t o fm o n e y i s

t a i n t e d . I tt a i n t y o u r sa n d i t t a i n t

m i n e .

West Coast C

redit L

ine

Editor B

rian Braun, F

CI

fci.ed

itor@

telus.n

et

GST Refundset’s face it - to remain competi-

tive in a shrinking world and tight

economy most businesses need to

build international relationships. Some-

times it is the little things that can make

the difference and keep the partnership

harmonious.

A potential customer or investor may

need to come to your firm to investi-

gate your business practices and/or

manufacturing processes. Seven per-

cent of most of their purchases will be

collected and sent off to the Federal

Government to help support the GST

program. Did you know that if your visi-

tors meet certain criterion they should

be able to get this money back? Pro-

vide your associate with the following

information and you are sure to be re-

membered.

So who can apply for this GST rebate

and how do they go about doing so?

All nonresidents of Canada can qualify

for a GST rebate so long as they meet

a few requirements:

• They are a nonresident of

Canada

• They are not an employee of the

Federal or Provincial Govern

ment living abroad

• Original receipts only are

submitted

• All Goods receipts are

stamped before the individual

leaves Canada. (No stamp

required for accomodations).

• GST was paid on the goods

• Each purchase is for a

minimum of $50 Canadian

before taxes.

• The purchases for eligible

goods and accommodation

total at least $200 Canadian

• The claim is submitted within

10 months from the date of

purchase

• As of November 1st 2001,

goods that are eligible for a

GST refund must be available

for inspection when leaving

one of Canada’s 9 internat

ional airports or 2 eastern

shipyards.

• If ferry, non-charter bus or

train was method of travel

then original carrier ticket

must be submitted with the

application.

Our discussion this far has outlined the

criterion that needs to be met in order

to be eligible for the GST refund, the

next question is what expenditures are

exempt and how does one go about

making the application for refund?

Certain goods and accomodations are

eligible for a refund and once again

certain conditions apply.

Accomodations: Campground fees

and room charges are eligible for a

refund so long as taxes have been paid

on the hotel room for no longer than 30

days. Each receipt must show number

of nights of accommodations. If an all-

encompassing travel package was

used, including meals etc., then 50%

of the taxes are eligible for re-

fund.

Goods: Goods

that leave

the country

within 60

days of pur-

chase are eligi-

ble for a GST re-

fund. In the event

that a vehicle is purchased then origi-

nal bill of purchase, proof that the vehi-

cle was exported out of Canada, copy

of driver’s license, and proof of regis-

tration of vehicle in the export country

must be submitted with the claim.

Goods not eligible for refund: Meals

and beverages, fuel, tobacco, profes-

sional services such as wedding or fu-

neral, rental of travel trailers and other

recreational vehicles, film developing,

transportation charges such as car

rental, bus tickets, air and train, goods

consumed in Canada, and other serv-

ices such as dry cleaning, auto repair

entertainment and parking.

How to aHow to aHow to aHow to aHow to apply fpply fpply fpply fpply for a ror a ror a ror a ror a refundefundefundefundefund

There are a couple of ways that you can

apply for a refund. For a 20% fee a

company out of New York - National

Refund Tax Service will make the claim

on your behalf. You can find out more

about this at www.britishcolumbia.com

click on the “claim your tax refund” link.

The other option is to log onto the fed-

eral government site at www.ccra-

adrc.gc.ca/tax/. Just click on Interna-

tional and nonresident and then click

Visitors to Canada and finally Tax Re-

fund for Visitors.

L


Brian Braun,FCI

PST ChecklistPST ChecklistPST ChecklistPST ChecklistPST Checklistf you r bus i ness r egu la r l y makes t axab lesa les o f goods o r l eases t axab le goodsas a l esso r, p rov i des l ega l se r v i ces i n BC ,

se l l s t axab le pa r k i ng w i t h i n t he Vancouve rRegional Transit Service Area, provides a taxableserv ice ( to ins ta l l , assemble, d ismant le , repa i r,adjust, restore, recondit ion, ref inish, or maintainpersonal tangible property), sells a telecommunicationse rv i ce , se l l s p ropane , o r ac t s as a l i qu ida to r,r ece i ve r, r ece i ve r -manage r, o r t r us tee anddispose of assets in the course of your business,t hen Bu l l e t i n 044 o f t he Consumer Taxa t i onB ranch says you mus t r eg i s t e r as a vendo runder the Social Services Tax Act before commencingb u s i n e s s .

Fo r mos t bus inesses th i s i dea i s fundamenta l .S impl ic i ty seems to end here . There are th ingswh i ch you need t o know t o ensu re you a reope ra t i ng w i t h i n t he pa rame te r s o f t he Ac t ,and a t t he same t ime no t r em i t t i ng do l l a r st ha t may be be t t e r a l l o ca ted t o t he r i go rousdemands o f day t o day bus i ness ope ra t i ons -hence cash f l ow l i qu i d i t y. Recen t i nqu i r i e sto bo th t he M in i s t r y o f P rov i nc i a l Revenueand a commod i t y t ax r ecove ry spec ia l i s t f i rmhas p rov i ded some c l a r i f i ca t i on and pe rhapssome he lp fu l i n s i gh t t ha t w i l l enab le you rf i rm t o c rea te a check l i s t t o measu re t he wayyou hand le you r t ax co l l ec t i on and rem i t t ancep rocedu res . A f t e r r ead ing t h i s a r t i c l e youshou ld be i n a be t t e r pos i t i on t o answe r 2ques t i ons : A re you co l l ec t i ng enough t axes?and a re you rem i t t i ng t oo much t ax?

The Consumer Taxation Branch generally conductsaud i t s by Indus t ry by way o f random se lec t ion .They w i l l l ook a t you r t ax accoun t t o ensu reproper and regular remi t tances are made. Theyw i l l check t o see i f t he aud i t ed company i scharg ing PST cor rec t ly on sa les .As t ax i s payab le a t t he po in tof commodity consumption, importsare sure to be scrutinized to assureproper se l f -assessment o f taxes.The aud i t o r s w i l l be l ook i ng a tf ixed assets, general ledgers andfinancial statements – again selectionby random sample of total accounts.Invo ices mus t en ta i l appropr ia tetaxes, or quote exemption numbero r CTB Bu l l e t i n # ( see webs i t efor fur ther deta i ls ) . The audi torsw i l l go back 3 yea rs on sa l es and 6 yea rs on

purchases to ensure proper collection and assessment.

What a re some o f the sha l l we say more gr ievouse r ro r s made by mos t compan ies? Acco rd i ngto t he CTB webs i t e : w w w. rev.gov.bc .ca /c tbt he re a re 10 common e r ro r s :

1 . Be l i ev ing tha t ou t -o f -p rov incepurchases a re exempt f rom tax Impo r t ed bus i ness equ ipmen trequ i r es se l f - assessmen t .

2 . Co l l ec t ing tax f rom your cus tomersbu t no t remi t t ing i t to theg o v e r n m e n t When t ax i s co l l ec ted f r om thecus tomer, f unds a re t o be he ld i n t r us t– i t ’ s t he l aw.

3 . Us ing your vendor t ax number to buybus iness equ ipment o r th ings fo ry o u r o w n u s e You r t ax numbe r i s t o be used whengoods a re pu r chased f o r r esa l e – no tpe r sona l use .

4 . Not pay ing tax on p r i va te purchases PST i s t o be pa id on a l l pu r chases i np rov i nce un less exemp ted byl e g i s l a t i o n .

5 . C o n f u s i n g t h e P S T w i t h t h e G S T GST i s hand led by t he CanadaCus toms and Revenue Agency .

6 . Adv is ing tour is ts they can ge t are fund on PST Re funds app l y t o GST

7 . Remi t t ing tax re tu rns l a te

“Overpayment of commoditytaxes i s an ext remelycommon occu r r encethat applies to virtuallyall companies to somed e g r e e . ”

se l l e r s r e spons ib i l i ty to co l l ec tt axes .10 . No t con tac t ing the Consumer Taxa t ion B r a n c h w h e n y o u n e e d t o . I t i s your r e spons ib i l i t y t ocomply wi th the requ i rements o fthe Soc ia l Se rv ices Tax Ac t .

Taxes a re to be pa id by the 15 th o f eve rymonth .

8 . F i l l i ng ou t fo rms incor rec t l y and /o rno t a t t ach ing t h e r e q u i r e ddocuments

Causes p rocess ing de lays .9 . Se l l e rs no t co l l ec t ing tax w h e n r e q u i r e d The l aw s t a t e s t ha t i t i s t he


Continued on page 9

Brian Braun,FCI

I

S o w h a t h a p p e n s i f t h e a s s e s s m e n t d e t e r m i n e st h a t y o u a r e o w i n g m o n i e s f o r i m p r o p e r c o l l e c t i o na n d / o r s e l f a s s e s s m e n t o f t a x e s ? Yo u w i l l h a v e t op a y t h e a s s e s s e d a m o u n t p l u s a n i n t e r e s t r o l l r a t e –genera l ly 3% above the bank ra te . Repea t o ffendersm a y b e a s s e s s e d a 1 0 % p e n a l t y p l u s i n t e r e s t . T h e ywi l l i s sue 1 “ f ree” warning i f 1 day la te on remi t tance– a f t e r t h a t – a u t o m a t i c 1 0 % p e n a l t y ! F o r f u r t h e ri n f o r m a t i o n o n b u l l e t i n s , b r o c h u r e s , n o t i c e s o r a n yl eg i s l a t i ve i n fo rma t ion r ega rd ing t he PST v i s i t t h eConsumer Taxation Branch website at www.rev.gov.bc.ca/c tb .

What can you do to ensure your in ternal tax col lec t ionand a s ses smen t po l i c i e s a re ope ra t ing a t an op t imuml e v e l ? O n e o p t i o n o f c o u r s e i s t o h i r e a n o n s i t e TaxManage r, b ea r i ng i n m ind t ha t a cco rd ing t o Robe r tH a l f ’s 2 0 0 2 S a l a r y G u i d e t h e g o i n g r a t e f o r a TaxManager i s be tween $106 ,250 - $151 ,000 pe r annum.An alternative and seeminglyplausible solution would befor you to contact a commoditytax recovery f i rm.

P a u l Ta y l o r, S e n i o r Vi c e -P r e s i d e n t o f M a r k e t i n g a tLuckett Wenman & Associates,Commodi ty Tax Recove rySpecialists located in SurreyBC advises that overpaymento f c o m m o d i t y t a x e s i s a nextremely common occurrencethat appl ies to v i r tual ly a l lcompanies to some degree .Luckett Wenman and Associates,a n a t i o n a l b a s e d f i r m , h a sb e e n i n b u s i n e s s f o r o v e r22 years and has conducteds e v e r a l t h o u s a n d r e v i e w sof private and public sectorcompanies. Their objectiveis to carry out a comprehensivereview of their client’s affairsand identify possible recoveriesin Goods and Services Tax,Provincial Retail Sales Taxes,and Fede ra l Exc i se Taxes .They thoroughly investigateaccounts payable vouchersand invoices to identify anomalies

7.5%


PST Checklist continued from page 8

all prices subject to 7% GST

Full Page $187.001/2 Page $ 93.501/4 Page $ 44.72Business Card $ 25.00

AdvAdvAdvAdvAdvererererertttttising Raising Raising Raising Raising RatttttesesesesesWEST COAST CREDIT LINE

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COMMODITY TAX RECOVERYSPECIALISTS

We apply twenty years of experience inrecovering:GOODS AND SERVICES TAXHARMONIZED SALES TAXFEDERAL EXCISE TAXESPROVINCIAL SALES TAXESPROVINCIAL FUEL TAXESCUSTOMS DUTIESVAT RECOVERIESSUPPLIER OVERCHARGESWCB ASSESSMENTS

TEL: (604) 584-3566

204 - 10252 - 135th St.Surrey B.C. V3T 4C2

www.luckettwenman.com

FAX: (604) 584-0629

FEES ARE PAID OUT OF THE MONEY THAT WE RECOVER FOR YOU

and p rocedu ra l e r ro r s . As ide f rom the bene f i t s o fprofess iona l ly conduc ted rev iews and po ten t ia l cashre funds / f u tu r e s av ings on r emi t t ances , t h e ma inbenef i t i s they generate thei r fees f rom the recover iesthey ob ta in fo r you o r e l se the re i s no cha rge . I f youhave a commodity tax assessment and would l ike inputt h e y w o u l d b e p l e a s e d t o d o s o f r e e o f c h a rg e ; o r i fyou would l ike Lucket t Wenman & Associates to carryo u t a c o m p l e t e t a x r e v i e w t o e n s u r e y o u a r e o n l ypay ing the min imum tax r equ i red by l aw p l ease ca l lPaul Taylor at 604-584-3325 or email [email protected]


Nostalgia filese thought you might enjoy partaking in a little history -

to review some “re-runs” of published articles from the pastnumber of years in the West Coast Credit Line, formerly knownas VanChap News as well as “To Your Credit”. This issue’s nos-talgia file comes from the Fall 1996 issue of “To Your Credit”.

The Internet was established in 1969 as an experimental MilitaryNetwork in case of nuclear attack. The theory was if a majorcenter was attacked and the Network consisted of many sites, theremaining sites would still be able to function in the areas outsidethe blast zone.

This network of computers connecting both Military Installationsand Colleges became known as the ARPA Net (Advanced Re-search Projects Agency). This Net was built to carry e-mail onlyamong this wide web of organizations (originally 50 sites in 1972)but spread to connect Europe, Asia and the rest of the world.

The ability of all these computers to talk to each other demandeda standard interconnect language that was adopted in 1983 andbecame known as TransmissionControl Protocol. Internet Pro-tocol or TCP/IP.

The Internet is a broad term andconsists of different components:(1) Electronic Mail,Newsgroups and Mailing Lists -The ability to send text messagesto anyone with an e-mail addressis the basis of the Internet. Theability of people with similar in-terests to send messages to eachother is the basis of Newgroups.The Mailing Lists concept allowsyour e-mail address to be ap-pended to the Newsgroup so thatyou can send and receive mes-sages related to the group. (2)File Transfer Protocol (FTP) -The ability to send and receivefiles, programs etc. (3) WorldWide Web - The Multimedia partof the Internet that today has somuch media attention.

“I consider the Internet to be the third most significant developmentin human communication after the invention of the printing pressand the telephone”, writes Jim Carrol, co-author of The CanadianInternet Handbook.

The basic structure of the Internet is as follows:1. Your personal or office computer has a modem and a phone lineand software that dials the Internet Service Provider.2. This ISP has a large mainframe and a bank of modems thataccepts incoming calls. The ISP is connected to the Internet Net-work on behalf of its subscribers and routes your request for you.

The Internet has grown rapidly in the past five years for many rea-sons: (a) easier to use the internet software (point and click), (b)cheaper and faster PCs (c) telephone companies around the worldare adding broader bandwidth communication lines lowering ofcosts at unprecedented rates, (d) cheap cost to access the Internet.

From humble beginnings the Internet has grown to over 30,000 net-works worldwide servicing approximately 50 million users.Newsgroups have grown to several thousand discussion groups rang-ing from aeronautics to zoology with participants from around theworld. It is estimated that there are over 16 million pages of infor-mation on the Internet with additions and updates occurring daily.

To show the rapid and extensive growth of the Net consider:1. Recently Ghana became the 4th country in Africa to go on-line,

Fall 1996

By Richard Weigand FCI

On The Net

W

Continued on page 11

e-mail: [email protected]

frasercollectionservices limited

200 - 3071 #5 ROADRICHMOND BC V6X 2T4

TEL: (604) 273-4671FAX: (604) 273-3875

incorporated 1967

8400 No 6 Road, Richmond BC

$40.00


Member s , S tudent s and Gues t s We l comeMembe r s , S tudent s and Gues t s We l comeMembe r s , S tudent s and Gues t s We l comeMembe r s , S tudent s and Gues t s We l comeMembe r s , S tudent s and Gues t s We l come********************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************

Thursday September 12, 2002

Country Meadows Golf Course

Early Bird Deadline is August 23, 2002

Tee Time 11:20 AMThe format is Texas Scramble. Space is limited to 60 golfers. All golfers are

expected to bring a prize to ensure every participant ends up a winner

LFGTOURNAMENTTOURNAMENTTOURNAMENTTOURNAMENTTOURNAMENT

Dinner 6:00 PM

On The Net continued from page 10

After AAfter AAfter AAfter AAfter August 23rugust 23rugust 23rugust 23rugust 23rddddd

SSSSStudentstudentstudentstudentstudents

$75.00 $45.00 $35.00

$80.00 $50.00

$70.00

( G S T I n c l u s i v e . R e g i s t r a t i o n # R 1 2 7 2 1 0 5 5 7 )( G S T I n c l u s i v e . R e g i s t r a t i o n # R 1 2 7 2 1 0 5 5 7 )( G S T I n c l u s i v e . R e g i s t r a t i o n # R 1 2 7 2 1 0 5 5 7 )( G S T I n c l u s i v e . R e g i s t r a t i o n # R 1 2 7 2 1 0 5 5 7 )( G S T I n c l u s i v e . R e g i s t r a t i o n # R 1 2 7 2 1 0 5 5 7 )Heathe r S t ra ckHeathe r S t ra ckHeathe r S t ra ckHeathe r S t ra ckHeathe r S t ra ck

Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -931 -1545 )T e l ephone : ( 604 -279 -5379 ) Fax : ( 604 -931 -1545 )Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -931 -1545 )T e l ephone : ( 604 -279 -5379 ) Fax : ( 604 -931 -1545 )T e l ephone : ( 604 -279 -5379 ) Fax : ( 604 -931 -1545 )e -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c om

A m b e r E l l w y nA m b e r E l l w y nA m b e r E l l w y nA m b e r E l l w y nA m b e r E l l w y nTe l ephone : ( 604 -439 -2665 ) Fax : ( 60 4 - 439 - 2630 )Te l ephone : ( 604 -439 -2665 ) Fax : ( 604 - 439 - 2630 )Te l ephone : ( 604 -439 -2665 ) Fax : ( 60 4 - 439 - 2630 )Te l ephone : ( 604 -439 -2665 ) Fax : ( 604 - 439 - 2630 )Te l ephone : ( 604 -439 -2665 ) Fax : ( 604 - 439 - 2630 )

e -ma i l : a e l [email protected] . cae -ma i l : a e l [email protected] . cae -ma i l : a e l [email protected] . cae -ma i l : a e l [email protected] . cae -ma i l : a e l [email protected] . ca

N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ F a x # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _F a x # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _F a x # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _F a x # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _F a x # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

e -ma i l __________________e -ma i l __________________e -ma i l __________________e -ma i l __________________e -ma i l __________________

P l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d awi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5 Fo r c r ed i t c a rdwi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5 Fo r c r ed i t c a rdwi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5 Fo r c r ed i t c a rdwi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5 Fo r c r ed i t c a rdwi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5 Fo r c r ed i t c a rd

p ro c e s s ing c on ta c t Ambe r E l lwyn . Cha rg e s w i l l appea r a s Vanne t Di s t r i bu t i on .p ro c e s s ing c on ta c t Ambe r E l lwyn . Cha rg e s w i l l appea r a s Vanne t Di s t r i bu t i on .p ro c e s s ing c on ta c t Ambe r E l lwyn . Cha rg e s w i l l appea r a s Vanne t Di s t r i bu t i on .p ro c e s s ing c on ta c t Ambe r E l lwyn . Cha rg e s w i l l appea r a s Vanne t Di s t r i bu t i on .p ro c e s s ing c on ta c t Ambe r E l lwyn . Cha rg e s w i l l appea r a s Vanne t Di s t r i bu t i on .

P r iz e __________________Pr iz e __________________Pr iz e __________________Pr iz e __________________Pr iz e __________________ Value $___________Value $___________Value $___________Value $___________Value $___________

Pre f e r r ed Te e T im e____________Hand i cap_______Pr e f e r r ed Te e T im e____________Hand i cap_______Pre f e r r ed Te e T im e____________Hand i cap_______Pr e f e r r ed Te e T im e____________Hand i cap_______Pr e f e r r ed Te e T im e____________Hand i cap_______

G o l fG o l fG o l fG o l fG o l f Go l f & Dinne rGo l f & Dinne rGo l f & Dinne rGo l f & Dinne rGo l f & Dinne rD i n n e rD i n n e rD i n n e rD i n n e rD i n n e r

C r e d i t C a r d # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E x p i r y _ _ _ _ _ _ _C r e d i t C a r d # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E x p i r y _ _ _ _ _ _ _C r e d i t C a r d # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E x p i r y _ _ _ _ _ _ _C r e d i t C a r d # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E x p i r y _ _ _ _ _ _ _C r e d i t C a r d # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ E x p i r y _ _ _ _ _ _ _

Club & Car t Renta l Re s e rva t i on s 604 -241 -4653C lub & Car t Renta l Re s e rva t i on s 604 -241 -4653C lub & Car t Renta l Re s e rva t i on s 604 -241 -4653C lub & Car t Renta l Re s e rva t i on s 604 -241 -4653C lub & Car t Renta l Re s e rva t i on s 604 -241 -4653

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Early BEarly BEarly BEarly BEarly Biriririrird Fd Fd Fd Fd FeeseeseeseeseesGolf & Dinner Golf Only Dinner Only

following South Africa, Botswana and Zambia. It appears Accra,Ghana’s capital will be the Internet hub of Western Africa.2. Iran has 30,000 university members on the internet and China

expects to have 120,000 users on the Internet by year end.3. In the US on-line households almost doubled in 1995 and areexpected to triple to 35.2 million by the year 2000.


Yearn ing f o r a Re lax ing Day in th eYea rn ing f o r a Re lax ing Day in th eYea rn ing f o r a Re lax ing Day in th eYea rn ing f o r a Re lax ing Day in th eYea rn ing f o r a Re lax ing Day in th eS u nS u nS u nS u nS u n

Book now fo r a fun f i l l ed day , c ru i s ing wi th B lue Eyed Char t e r sBook now fo r a fun f i l l ed day , c ru i s ing wi th B lue Eyed Char t e r sBook now fo r a fun f i l l ed day , c ru i s ing wi th B lue Eyed Char t e r sBook now fo r a fun f i l l ed day , c ru i s ing wi th B lue Eyed Char t e r sBook now fo r a fun f i l l ed day , c ru i s ing wi th B lue Eyed Char t e r sp rov id ing qua l i t y s e rv i c e and the u l t imat e ho s t expe r i enc e aboa rd th e i rp rov id ing qua l i t y s e rv i c e and the u l t imat e ho s t expe r i enc e aboa rd th e i rp rov id ing qua l i t y s e rv i c e and the u l t imat e ho s t expe r i enc e aboa rd th e i rp rov id ing qua l i t y s e rv i c e and the u l t imat e ho s t expe r i enc e aboa rd th e i rp rov id ing qua l i t y s e rv i c e and the u l t imat e ho s t expe r i enc e aboa rd th e i r

60 ’ Fu l l y L i c ens ed Execut iv e Yacht ,60 ’ Fu l l y L i c ens ed Execut iv e Yacht ,60 ’ Fu l l y L i c ens ed Execut iv e Yacht ,60 ’ Fu l l y L i c ens ed Execut iv e Yacht ,60 ’ Fu l l y L i c ens ed Execut iv e Yacht ,The I s l and J ewe l .The I s l and J ewe l .The I s l and J ewe l .The I s l and J ewe l .The I s l and J ewe l .

D e s t i n a t i o n : B o w e n I s l a n d Da te : S a t u r d a y, A u g u s t 2 4 , 2 0 0 2 ,

T ime: B o a r d i n g a t P l a z a o f N a t i o n s 1 0 : 1 5 A . M . Cos t : $ 5 0 . 0 0 e a c h

A c t i v i t i e s : S u n f i l l e d d a y a t s e a w i t h a n e n t e r t a i n i n g c r e w a n d g o o d f r i e n d s ,r e f r e s h m e n t s a n d b a r b e c u e l u n c h a t B o w e n I s l a n d . E n j o y t h e f u n - f i l l e da c t i v i t i e s o r j u s t r e l a x , e n j o y t h e s c e n e r y o r b r o w s e t h r o u g h t h e m a n y g i f ts h o p s l o c a t e d i n S n u g C o v e . T h e n a r e l a x i n g c r u i s e b a c k t o P l a z a o f N a t i o n s . ****************************************************************************************************************************************

A g e n d a :A g e n d a :A g e n d a :A g e n d a :A g e n d a :C r u i s e t i m e : 6 1 / 2 h o u r s

B o a r d i n g : 1 0 : 1 5 A . M . @ 7 5 0 P a c i f i c B l v d . Va n c o u v e rD e p a r t u r e : 1 0 : 3 0 A MA r r i v a l : 1 2 : 3 0 P. M . B o w e n I s l . - S n u g C o v eR e t u r n t o Va n c o u v e r 5 : 0 0 P M

M e n u : B B Q ’ d B u r g e r s , H o t d o g s a n d Ve g g i e B u r g e r s C a e s a r S a l a d , P o t a t o S a l a d ,To r t e l l i n i M a r i n a r a S a l a dS p o r t s : F u n g a m e o f Vo l l e y b a l l o r b a s e b a l lA l t e r n a t e : H i k i n g , B i k e Tr a i l s , S h o p s a n d R e s t a u r a n t s o r r e l a x i n D o c M o r g a n ’s_________________________________________________________________________

Open to f r i ends , f ami l y and a s so c i a t e sOpen to f r i ends , f ami l y and a s so c i a t e sOpen to f r i ends , f ami l y and a s so c i a t e sOpen to f r i ends , f ami l y and a s so c i a t e sOpen to f r i ends , f ami l y and a s so c i a t e s********************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************************

( inc lude s GST and Gra tu i t y )( i n c lude s GST and Gra tu i t y )( i n c lude s GST and Gra tu i t y )( i n c lude s GST and Gra tu i t y )( i n c lude s GST and Gra tu i t y )

Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -273 -7890 )Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -273 -7890 )Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -273 -7890 )Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -273 -7890 )Te l ephone : ( 604 -279 -5379 ) Fax : ( 604 -273 -7890 )e -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c ome -ma i l : h ea the r . s t r a ck@coas t cap i ta l sav ing s . c om

N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _N a m e : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o m p a n y _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _P h o n e # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o n t a c t # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o n t a c t # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o n t a c t # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o n t a c t # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _G u e s t _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C o n t a c t # _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

e - m a i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _e - m a i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _e - m a i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _e - m a i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _e - m a i l _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

P l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d aP l e a s e r e m i t c h e q u e p a y a b l e t o C r e d i t I n s t i t u t e o f C a n a d awi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5wi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5wi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5wi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5wi t h you r r e g i s t r a t i on t o Heathe r S t ra ck a t 920 Spenc e Ave . Coqu i t l am , B .C . V3J 4V5

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CREDIT INSTITUTE of CANADA The President’s Message · 2010-02-22 · Helms for help on seminars. And finally, ... stitches with her presentation of “Laughing Matters”. Overall