Home Depot helping Habitat for Humanity C-K

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Starting today, customers shopping at the Chatham Home Depot store can donate $2 to purchase a paper hammer.

All proceeds raised will support Habitat for Humanity Chatham-Kent, an organization that with partner families, builds safe, decent and affordable homes.

The Home Depot Canada Foundation is committed to supporting the housing needs of Canada's youth.

Running until July 3, all proceeds raised through the campaign will benefit local housing charities, including many that provide housing support to youth in need.

Habitat for Humanity Chatham-Kent empowers hard-working families and makes homeownership affordable by mobilizing community spirit and generosity.

KENT AND ESSEX MUTUAL INSURANCE DONATION $125,000

The Kent and Essex Mutual Insurance Company, which is celebrating its 125th anniversary, plans to donate $125,000 to various charitable organizations on June 19.

"We are pleased to give back to the communities in which we do business,'' said president Joanne Vansevenant. "We hope these funds will help the organizations continue the great work they do.''

A list of the organizations receiving funding will be announced on June 19.

RESP MAKES GREAT GRADUATION GIFT

Contributing to a child's or grandchild's registered education savings plan (RESP) makes a great graduation gift.

"Graduation is the perfect time to think about how one will fund post-secondary education,'' says Robert Armstrong of BMO Investments. "With the cost of a four-year university degree rising rapidly, parents and grandparents can help by earmarking cash gifts for post-secondary education.''

He said a little goes a long way with government grants and compounded earnings adding significantly to savings.

According to a BMO study, more than two-thirds of Canadian parents are concerned about how they will fund their child's college or university education including tuition, room and board, books and spending money.

It's not surprising given that today a four-year university degree can cost upwards of $60,000. For a child born in 2013, costs could reach $140,000.

The study also revealed that 70% of Canadians give their grandchildren, godchildren, nephews and nieces an average of $100 in monetary gifts annually.

If two sets of grandparents each deposit $100 per year to their grandchild's RESP from the time the baby is born, the RESP could be worth up to $8,000 by the time the child turns 17.

What makes an RESP especially appealing is that the government offers a Canadian Education Savings Grant of 20%, up to a maximum of $500 annually, on all RESP contributions.

To learn more about savings and RESPs, visit www.bmo.com/ reps.

HOUSING MARKET CALMING

According to a BMO report, the Canadian housing market is calming rather than crashing as the impact of tougher mortgage rules and cooling credit is partly offset by the supportive influence of low interest rates and continued income growth.

"House prices have hit record highs in most regions across Canada though the rate of appreciation has slowed,'' said Sal Guatieri of BMO Capital Markets. "Resale markets are largely balanced though buyers have gained leverage in some provinces.''

Toronto house prices, though slowing, hit a record high in April. Prices in Vancouver have declined moderately.

Nearly half of Canadian homeowners intend to buy a property in the next five years - mostly unchanged from the fall of 2012 - signalling a high level of confidence in Canada's housing market is continuing into 2013.

CELEBRATING 10TH ANNIVERSARY

The El Portal Sedona Hotel in Arizona is celebrating its 10th anniversary.

The luxury hotel prides itself on creating a retreat environment where guests can enjoy the serenity of the red rock landscape.

Guest suites include adobe fireplaces, hand-painted ceilings, arched windows, stained glass accents and claw foot tubs. The hotel is also pet-friendly.

DETROIT GRAND PRIX FROM THE WATER

A great way to see Sunday's Detroit Grand Prix is from the deck of the Macassa Bay cruise ship based in Windsor.

The Sunday cruise begins at 3 p.m. and the cost is $35.

The Macassa Bay is a 93-foot, 181-passenger Transport Canada certified vessel.

The ship is also featuring a Father's Day cruise June 16 and a Crystal Gage cruise Aug. 8.

Dinner and dance cruises take place Fridays and Saturdays and a Mike Ure band cruise is set for July 5.

DRUG FREE CANADA

The Partnership for a Drug Free Canada, along with Shoppers Drug Mart, is launching a campaign to clean out Canada's households of unused and expired prescription drugs, as well as over-the-counter medicine in an effort to reduce the amount of drugs available for abuse by teenagers.

Starting now, the campaign will run across every platform of the partnership's 40-media partner network and will end Sept. 6.

PDFC's website www.canadadrugfree.org directs parents to Shoppers Drug Mart store locator web pages so parents can easy find their closest store.

CHAMBER GOLF TOURNAMENT

The Chatham-Kent Chamber of Commerce annual golf tournament is scheduled for June 27 at Country View Golf Course.

Registration begins at 10 a.m. and the cost is $99.

BUSINESS AFTER HOURS

Paragon Pools will host the June 19 business after hours program.

The cost to attend the networking event is $5 at the door. Paragon Pools is located at 679 St. Clair St. in Chatham.

CHARITY CAR WASH AT CARSTAR

CARSTAR Chatham will be making a splash June 8, joining 70 stores across the country in celebrating the 10th annual Soaps It Up Charity car wash to support Cystic Fibrosis Canada.

Funds raised at the Chatham event will go to both cystic fibrosis and MADD.

As part of the 10th anniversary celebrations, two lucky Canadians who purchase car wash tickets will win the opportunity to attend one of the top 10 celebrations in the world, such as Oktoberfest in Munich or St. Patrick's Day in Ireland.

 

 

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