Page 43 - Sports Energy News, Cornwall, Issue No 114
P. 43

www.sportsenergynews.com                                                                  Issue #114 July 2022                            43




                                                                                           Torts is back! Landing in Philadelphia as the new head coach.

                                                                                           Peter Deboer, fired in Vegas, was quickly hired by Dallas.
                                          Whistle Stops                                     I was surprised to see Paul Maurice back as head coach, this
                                          Whistle Stops
                                                                                   time landing with the Florida Panthers. I guess the quick 4 game sweep
                The “Team” has just completed Issue # 114, and as always, I        by Tampa cost Andrew Brunette his job, despite winning the President’s
         would like to thank Lynn (Graphic Design), Marion (Editor), Bernadette    trophy with 122 regular season points.
         (Website), our writers, Molly, Victoria, Thom, Casey, Jim, Carrie, and
                                                                                            Bruce Cassidy, fired in Boston, resurfaced in Vegas.
         Christine. Thanks to our editorial columnists, Jim, Jorge, Dave, Peter,
         Justin,  Nikolai, Janeen, Alex, Roxee, Rosanne, Brad, Dante, and Thorin.           Lane Lambert, Islanders assistant under Barry Trotz, has been
         Cheers to the sports panel:  Peter, Jake, and Jim.  Appreciation goes out   promoted to Head Coach.
         to our neighbourly advice columnists Brian, Mike, and Max, as well as
         our distribution manager, Rene, our ad salesmen, Gord and Robert,  our             Congrat’s to all the coaches named to Seaway Valley positions
         distribution locations, our advertisers, and of course the people who are   for the 2022/23 season.
         featured in our stories. I hope you enjoy # 114.
                                                                                            Great to see Daniel Alfredsson inducted into the Hall of Fame, he
                 My thoughts and prayers go out to the people of Ukraine.          had a deserving career. Now the Senators have to find a worthwhile role
                                                                                   for him in their organization.
                  Still  on  NHL  Coaching  changes,  it  was  great  to  see  Luke
         Richardson land the head coaching job in Chicago. The Habs will miss               This year’s Memorial Cup had a Cornwall connection, Shawinigan
         him.                                                                      Cataractes ass’t coach Phil Roy was a former member of the Cornwall
                                                                                   Colts.
                 Jay Woodcroft has impressed in Edmonton and has earned the
         head coaching position there after serving as “Interim” head coach.         Winners Never Quit, and Quitters Never Win!

                Bruce Boudreau, who righted the ship in Vancouver, has been                      ‘Signing out until next month,’
         given an extension.
                                                                                                     Mike Piquette, Publisher


      Continued from page 42                first-time buyers.                    Continued from page 42                accomplishments  in  life  take  at
                                            In  other  words,  with  just  nine  months                                 least  five  years  to  achieve.  This
      in  the  event  of  any  appreciation  in  a                                realized.”
      home’s value, while the maximum       remaining  in  the  program,  it  had    It is the last line that really stands   can  include  building  a  business,
      loss limit will take effect starting June   distributed just 20% of its total budget.   out.  Clients  and  readers  of  our   cultivating a loving relationship,
      1. Any homeowners who have already    That’s  why,  in  its  April  budget,  the   content  know  that  we  continually   writing a book, getting in the best
                                            federal government announced a three-
      repaid  the  incentive  in  excess  of  the                                 lean  on  our  guiding  principles  for   shape of your life, raising a family,
                                            year  extension  to  the  program,  adding
      new annual limits will be entitled to a                                     investment success, one of which is   and more.
      reimbursement.                        it  was  “exploring  options  to  make the   discipline.                    Five years is a long time. It is much
      Update:  CMHC  has  confirmed  the    program  more  flexible  and  responsive    By having discipline, and resisting  slower than most of us would like.
      changes in a post entitled, “Updates to   to  the  needs  of  first-time  homebuyers,   unnecessary  action,  you  allow  If  you  accept  the  reality  of  slow
                                            including single-led households.”
      the  First-Time  Home  Buyer  Incentive   Despite increasing the maximum  compounding to work its magic. It  progress, you have every reason to
      can  benefit  more  homeowners”  on  its   purchase prices permitted  under the  takes years and years to see the true  take  action  today.  If  you  resist  the
      site, placestocallhome.ca.            program, buyers in three of the country’s  effect of compounding, and our job  reality of slow progress, five years
      For  those  who  have  already  repaid   most expensive markets—Toronto,  is to help manage investors emotions  from  now  you’ll  simply  be  five
      the  loan  through  the  FTHBI  program,   Vancouver,  and  Victoria—can  only  so  that  they  don’t  make  short-term  years  older  and  still  looking  for  a
      CMHC said a representative will likely
                                            qualify for the program if their purchase  decisions (driven by emotions) that  shortcut.”
      reach out by phone or email “shortly.”
      An unpopular program to start with    price is $722,000 or less. As of April,   interrupt this process.           He  is  not  speaking  about  your
      Ever  since  its  inception,  the  FTHBI   average prices in all three markets were                               financial plan, but we can’t help but
      program has received underwhelming    above $1 million, and above $1.3 million   James Clear is an author who makes   feel how perfectly this summarizes
                                            in greater Toronto and Vancouver.
      response from buyers.                                                       a living writing about habits and     a key element of successful financial
                                            OUR OFFICE IS CLOSED TO
      The  three-year  $1.25  billion  program                                    decision making. In a recent article,   plans.  When  we  accept  the  reality
      had only approved $270 million worth   DROP  INS.   PLEASE  PHONE           he focused on accepting the reality   of  slow  progress,  we  are  able  to
      of  shared-equity  mortgages  as  of   AHEAD TO SET UP MEETINGS.            of slow progress. He writes:          let our investment plan work as it
      December  31,  2021,  with  just  $253     THANKS FOR KEEPING               “Most    big,   deeply    satisfying  is intended to and put our focus on
      million in funds having been paid out to      BUSINESS LOCAL                                                      other things that truly matter in life.
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