The Running Fix
The Official Newsletter
of the
Britannia Power & Sail
Squadron
Commander’s Message
Intstructors Required
U
T
nfortunately another boating season has come to an end.
However, I am sure that you had many enjoyable days on
the water particularly in the month of September.
I am pleased to report that we have a new Secretary, 1st Lt
Valerie Hume was kind enough to fill the vacancy and P/Cdr
Elaine Gregory has joined the Bridge as Supply Officer. Many
thanks to you both.
Due to the lack of interest by the Squadron. members last year, it
was decided to cancel the corn roast this year. Given the number
of members who came last year, compared to the time and effort
expended by the organizers it was felt that this activity was not
what the members wanted. As we receive no suggestions or
comments as to what activities you would prefer, we’ll do the best
we can.
he Britannia Power and
Sail Squadron would like
to expand the number of
courses that it is currently
offering, especially advanced
courses. Therefore, it is
looking for instructors and
proctors who possess various
skills and qualifications from
the CPS Program, who are
willing to share their boating
experiences with others. If you
are a member of the Britannia Power and Sail Squadron and are
qualified to teach any of the courses listed below, we would like
to hear from you. Our courses are taught in a classroom
environment at Sir Robert Borden High School on Tuesday
evenings from 1900 to 2100 over a period of 13 weeks. The
squadron will supply you with an instructor package for the
course and you may choose to teach during the Fall or Winter
terms.
Our Christmas Dinner will be held at BYC on December 17th with
cocktails at 18:30 and dinner at 19:00. The cost is $18.00 per
person and the dress is uniform A with bow tie, blazer or business
suit. This will be Britannia Squadron’s 40th Anniversary and we
are honoured to have the newly elected Chief Commander
Howard Peck SN as our guest. As you know, Howard is a long
standing member of Britannia Squadron. In addition we have The squadron is currently looking for qualified instructors to
invited D/Cdr Barry Brown and P/D/Cdr. John Boocock. I would teach the following courses:
strongly suggest that you contact Lt. Cdr Fred Herrndorf our XO
as soon as possible to confirm your attendance.
• Celestial Navigation
• Marine Maintenance
th
I had the pleasure of attending the 56 Annual General Meeting of
• Power Boating
th
CPS in Toronto during the week of October 18 . This was a three
• Seamanship Sail
fold pleasure as I was able to be present at the pledging of Howard
• Navigation with GPS (Seminar)
as Chief Commander CPS, attended the Chief Commander’s
• Boating
cocktail hour prior to the Chief Commander’s Dinner and Dance
and presented Britannia Pennants to Vice/Cdr Ernest Marshburn
USPS, (Ernie will be the next Chief Commander of USPS) and to If you are interested in teaching any of these courses, please
P/D/Cdr. Peter Burke USPS. Both are members of Britannia contact the Squadron Training Officer, Jean Dupuis for more
Squadron.
information.
This was a proud time for me and I am sure that all the members Lt/C Jean Dupuis AP
will join me in congratulating Howard in attaining this well (613) 443-7747
earned and justly deserved position.
www.storm.ca/~bpsscps
Nels Hardy Cdr. v
DATES TO REMEMBER
Nov 5
th
Nov 6
th
9:00 A.M. - VHF Seminar - NSC
th
Formal Dinner, Brigantine - Kingston
th
6:30 P.M. - Christmas Dinner - BYC
Nov 20
Dec 17
7:00 P.M. - Freshwater Diving - Brockville
Fall 2004
Inside:
Commander’s Message · · · · · · · · · · · · · · · · · Page 1
Personal Floatation Devices Survey· · · · · · · · Page 3
Red Sky in the Morning · · · · · · · · · · · · · · · Page 4/5
D/C Report to Governing Board · · · · · · · · · · Page 6
Flare Night Report · · · · · · · · · · · · · · · · · · · · · Page 7
Article of Interest · · · · · · · · · · · · · · · · · · · · · · Page 8
The Running F ix
Page: 1
The Running Fix
Squadron Executive
2003 - 2004
Commander
Past Commanders
1964-1966
1966-1968
1968
1968-1970
1970-1972
1972-1973
1973-1974
1974-1976
1976-1978
1978-1979
1979-1980
1980-1981
1981-1983
1983-1985
1985-1987
1987-1988
1988-1990
1990-1992
1992-1993
1993-1996
1996-1997
1997-1999
1999-2000
1999-2000
2000-2001
2001-2002
2002-2003
Cdr Nelson Hardy AP
828-3789, [email protected]
Executive Officer
Lt/C Fred Herrndorf P
226-2964, [email protected]
Training
Lt/C Jean Dupuis AP
Secretary
443 7747, [email protected]
st
1 Lt Valerie Hume AP
728-8617 [email protected]
Treasurer
P/Cdr Chris Brown S
Membership
521-9411, [email protected]
st
1 Lt Robert Dandurand P
741-7526
Public Relations
P/Cdr Larry Brown AP
820-1795
Communications
Bill Hall P
830-5580, [email protected]
Social Activities
Peter Bartosek P
684-7737
Supply
Vacant
MAREP/Safety
st
1 Lt John Partington AP
(819) 827-1346, [email protected]
Running Fix
Bill Hall P
Deputy Training
830-5580, [email protected]
st
1 Lt John Partington AP
Squadron General Information
Mailing Address:
Britannia Power & Sail Squadron
P.O. Box 32101
1386 Richmond Road
Ottawa ON K2B 8L4
General Inquiries:
(613) 226-2964 - Fred Herrndorf, XO
David Goddard S
Web Page URL:
http://www.storm.ca/~bpsscps
728-0633, [email protected]
Email Address:
[email protected]
827-1346, [email protected]
Historian
P/Cdr Larry Brown AP
820-1795
Records Officer
Past Commander
James B. Milne
Earnest E. Criddle
Peter Wilson
William K. McConnell
Paul C.M. LaDelpha
Arthur N. Huddleston
George W. Booker
Ralph C. Smith
Ellen Devine
Edward Wiggs
Jack Buchanan
Kenneth Findlay
Jim Craig
Wm. Newlands
Stuart McNeely
K. Joan Feltham
Howard G. Peck
Larry Brown
Alex Falkner
Elaine Gregory
Ed Gauthier
Chris Borgal
Bruce Henderson
Laura Seitl
Jessica Austria-Henderson
Rino Thériault
Chris Brown
P/Cdr Chris Brown S
521-9411 [email protected]
Page: 2
The Ru nning F ix
Fall 2004
PFD Survey Results
Total Number of Respondents:
25
Strongly Support
Generally Support
Do Not Support
7
7
11
TOTAL
25
Comments by response category
Strongly Support
• I think the article speakes for itself, however it does not
provide a breakdown of the percent of drownings related to
boats of less than 6 meters
• n/a
• Definetly should be mandatory.
• Too many fatalities among so called “expert” boaters who
were not wearing life jackets
• I strongly support the CSBC proposal
• It is an excellent initiative to offer increased necessary
protection to the Canadian public. Again yesterday on the
water, I met a small powerboat towing a tube with a young
lad about 6 or 7 years old on it, “without” a lifejacket....
totally senseless!!
• This proposal will save lives. Too often life jackets/pfds are
used as seats in these most vulnerable of vessels.
• I would fully support if it was five meters and not six.
• Yes
Do Not Support
• I am strongly against this move. More government
over-regulation. Being on a boat is quite different than being
in a car, and any comparison with seatbelts is not valid. On
the water, one needs to be able to assess the situation at hand
and make an educated choice. If the water is not cold and the
person a good swimmer and one is on a sailboat not more
than a mile from shore on a medium or light breeze day, why
should one be forced to wear a PFD? I will not obey.
• It’s just plain stupid, why not make people wear PFD’s
whener they are close to the water?
• The requirement could be thought of in other terms than
lenght of vessels ie. age, weather conditions (When small
craft warning issued), type of vessels, etc. I do NOT support
a blanket rule.
• Does not seem necessary
• As a canoeist I very strongly object to the government telling
me what I must wear. I conform to the present regulations.
This is carrying paternalism too far!
• Although in general I do support this inititive until I see the
particulars I have to be on the do not support side. Too many
times I have seen well intentioned legislation resulting in
hardship for the user. I don’t want to have to wear a
lifejacket for a 100m dinghy to shore, where I am probably
going swimming anyway. On the other had I always already
wear a PFD when in a canoe or small sailboat.
Generally Support
• PFD’s would have to be made much more user-friendly to
• ·I regularly wear my life jacket when I am in my dinghy (8
• XXXXX
• Would support for 14 foot fishing boats and less
• Life jacket should not be base on the size of a vessels but on
wear for me to support the proposal.
foot) but did not regularly use it (close at hand) when I ran
my 17 foot power boat. In retrospect I was probably more
likely to have an accident in the larger vessel due to its
higher sppeds. In this regard it may therefore be helpful to
document accident rates by type of vessel if this motion is to
pass.
• n/a
• Perhaps may opinion should not carry too much weight
because my vessel would not be affected by any legislation
introduced. I do not wear a pfd when on my boat except
when the weather gets ugly.
the type of boating; low risk or high risk. That will mean to
educate boater the difference between low risk vs high risk. I
know it will be more work but that is the proper way to save
more lives; knowledge. Lets stop making new rules for the
majority and start (target) educating the minority. Thanks for
letting me share my thought.
• I would support it for minors, but not for adults.
• I think it would be much too onerous to insist on wearing a
life jacket on a sweltering hot day with no wind.
• I believe that incentives or more education would be
preferable to inflexible legislation. Also, having a 6 metre
“cutoff” is sure to cause further problems and
non-compliance.
Fall 2004
The Running F ix
Members are requested to complete the
Canadian Hydrographic Service
Level of Service questionaire:
http://www.cartes.gc.ca/pub/en/los/
Page: 3
Red sky in the morning
W
e have all heard some variation of the old
saying “Red sky in morning, sailors take
warning; red sky at night, sailor’s delight”.
Flipping through old copies of National Geographic , I
gleaned a reference to it in the June 2001 issue. They
stipulated that it “has some basis in science and is a
fairly good predictor – though no guarantee – of
weather at mid-latitudes in the Northern Hemisphere
by Robert Dandurand
(5) rarely do the clouds from an approaching or
exiting storm system only cover 1/2 of the eastern or
western sky. The saying represents an ideal case.”
All this talk is destroying a pretty verse but an
enquiring mind has appetite for knowledge. Little did I
know that even a simple saying could generate such
controversy and research. Are you aware of the work
of Prof. Alan Dundes, from the Department of
[ ]”. They went on to say: “A red sky in the morning Anthropology, University of California at Berkeley?
indicates a sun rising in the clear eastern skies casting He writes “On Whether Weather ‘Proverbs’ are
its rays on storm clouds approaching from the west. At Proverbs”
night, the clear sight of the red setting sun would tell a
sailor that no storms are to the west.” That seemed “Traditional sayings about the weather, wise or
otherwise, have commonly but wrongly been
straightforward enough.
considered proverbs by folklorists for more than a
But wait! The USA TODAY Weather Book by Jack century. A host of titles attests to the purported
Williams had a different first line - Red sky by existence of weather proverbs. [ ] one can safely
morning - and different punctuation throughout, but surmise that ‘weather proverbs’ constitute a legitimate
more significantly, indicated that “There is an subtype of the proverb genre and further that the study
important caveat to the Red sky in the morning of them falls appropriately under the rubric of
proverb. The poem generally only applies when a paremiology. I believe this is a generic error and that
storm is on the way. Red skies can be caused by what are commonly called weather proverbs are
non-storm clouds. Also this rhyme can’t predict nothing more than superstitions. What has tended to
thunderstorms that develop in an afternoon when the confuse folklorists is that whereas superstitions are
more often than not free phrase, weather superstitions
morning has been clear.”
frequently occur in rhymed fixed-phrase form. In other
Without wanting to get all scientific on you, I words, they are superstitions with the textural features
wondered what else could be found about the poem so of proverbs (and riddles). It is likely that these textural
I surfed the Internet and found that meteorologist Jeff features are present for mnemonic purposes. It is easier
Haby had a whole lot more to say about the “proverb”. to remember a fact if it is couched in rhyme. The point,
“Keep in mind this saying was developed before however, is that a rhymed superstition is still a
satellite, radar and modern meteorological knowledge. superstition, not a proverb.
Much of the knowledge of an approaching storm
system back then was cloud and wind patterns. Of Let us take a representative instance. There is a
course, this saying (weather folklore) has some venerable folk belief that a red sky in the evening
signals fair weather to follow while a red sky in the
profound problems such as:
morning predicts bad weather. Two distinct ‘proverbs’
(1) The sky can be “reddish” near the sun at dawn and based on this belief are to be found in The Oxford
dusk (with or without clouds)
Dictionary of English Proverbs, Third Edition (1970).
They are: Sky red in the morning is a sailor’s
(2) storm systems do not always move straight west to (shepherd’s) warning; sky red at night is the sailor’s
east
(shepherd’s) delight. Evening red and morning gray
(3) cirrus can occur without a storm system help the traveler on his way; evening gray and morning
approaching or leaving. Clouds can cover one side of red bring down rain upon his head.
the sky or the other without being directly associated This is an old tradition going back as many have
with a storm system
observed to a New Testament version (Matthew
(4) the meteorological sailor may delight at an 16:2-3): “When it is evening, ye say, It will be fair
approaching storm system even while taking weather: for the sky is red. And in the morning, it will
be foul weather today: for the sky is red and lowering.”
precautions at the same time
The Biblical text provides a useful terminus ante quem
for this belief which is one of the numerous weather
Page: 4
The Ru nning F ix
Fall 2004
Red sky in the morning (Cont’d)
sayings which has been tested by meteorologists and
On the other hand, red sky in the morning usually
found to be relatively accurate.”
means moisture is on the way. Once again, the sky is
Renie Burghardt (2002, WisePage) concurs: “ For red because of the dust particles being pushed on out,
thousands of years, man has been able to forecast the but this time by an approaching low pressure system
weather by observing nature. How accurate is bringing in moisture.
forecasting the weather by nature?
Clouds are accurate weather predictors. Each type of
In the past, man has depended upon close observations cloud is caused by specific actions in nature building
of nature to forecast the weather, because there were up to a type of weather. Light, scattered clouds alone in
no scientific methods of reading weather patterns, like a clear sky usually mean strong winds. Clouds
lowering and thickening always bring deteriorating
there are today.
weather; while clouds increasing in numbers, moving
So man relied on a keen eye for natural signs which rapidly across the sky means be prepared to take cover
indicated change. Shepherds and sailors, farmers, and at a moments notice! But if the sky is clear blue to the
even hunters observed and connected the changes in West, and clouds dot the afternoon sky, it means fair
nature with patterns of weather. Cloud movements and weather is in store.
sky color would be indicators of when to plant and
harvest. Hunters learned by watching animals and A rainbow in the morning is the shepherd’s warning. A
insects. These observations were passed down through rainbow at night is the shepherd’s delight. Rainbows
play an essential part in weather predictions. A
generations, and are known as weather lore.
rainbow is an obvious indicator of rain as it refracts the
For example, the saying, “A ring around the sun or light and breaks it down into colors. Rainbows in the
moon, means rain or snow coming soon.” How morning to the west usually indicate approaching rain.
accurate is this bit of weather lore? Well, let’s take the But a rainbow at sunset usually means the rain is about
moon first.
to depart and fair weather is on the way.
Since man has been fascinated by the moon throughout
the ages, he has learned a thing or two about it. So a
ring around the moon, he found out many moons ago,
actually does mean precipitation. This is because
cirrus clouds usually preceed low-pressure systems
bearing moisture. There are ice crystals in these clouds
and they refract light. So the next time you see a ring
around the moon, be prepared for rain or snow soon.
There are hundreds of old sayings, based on nature, on
forecasting the weather, some more accurate than
others. But even modern forecasters are only about 50
percent accurate despite all the scientific tools
available to them.”
Maybe to register and attend the next Fundamentals
of Weather course offered by the Squadron would
clear things up?
With the ring around the sun, its not quite that simple.
If you look up at the sun at midday and see a ring
Announcements
around it, expect some change within 12 to 24 hours.
th
The catch is if the weather is clear when you see the Nov 5 19:00 - Brockville Power & Sail Squadron
ring, stormy weather is, indeed, on its way. But if the
Presentation on Freshwater Diving Capital of
weather is dreary at the time of the ring, fair weather is
North
America
- Brockville Legion
about to arrive.
How about the saying, “If the moons face is red, water Further Information - Sheila Birbeck (613) 348-3701.
ahead”? This is a pretty reliable piece of weather lore. Nov 20th 18:00 - Brigatine Inc.
The red color is due to some dust being pushed ahead
of a low-pressure front bringing moisture.
“Bringing Patrick O’Brian to Life”, Formal
Dinner
- Fort Frontenac Officers Mess Kingston
The sky has also been used as a weather predictor for
thousands of years. Red sky at night, sailors delight; Further Information red sky in the morning, sailor take warning, is a pretty http://www.brigantine.ca/mastercomm.html
accurate forecast of things to come, they say. A red sky
at sunset usually indicates dry weather because the sun Or see our website for further information:
is shining through some dust particles being pushed
ahead by a high-pressure system bringing in dry air. http://www.storm.ca/~bpsscps/CPS2.shtml
Fall 2004
The Running F ix
Page: 5
DISTRICT COMMANDERS REPORT TO THE GOVERNING BOARD
Barry W Brown, D/C Rideau District
RIDEAU DISTRICT
October 21, 2004
A.
MATTERS FOR THE GOVERNING BOARD
All of the squadrons in Rideau District have been very disappointed in the VHF course material. They feel
sheepish about handing out a course booklet and as many corrections to material sheets as there are pages in
the course.
A poll was taken within all of the squadrons of the district about the mandatory PFD question and all but one
shot down the idea. The squadron that agreed with idea had a close vote and many reservations.
B.
GENERAL
OPERATIONS
The District held its AGM on May 1, 2004 at the McIntosh Inn Morrisburg Ontario. Special thanks to C/C
Tony Gardiner and May, V/C Howard Peck, and
Mary Joyce D`Aurizio USPS District 6 D/C. Plus the assistance of many P/C for the assistance they gave to
make this a memorable and successful event. A short District meeting was held after the AGM to conform to
regulations. There was also district meeting held on September 16/04 in Smiths Falls On.
All of the major positions are filled on the Bridge. Some squadrons are having problems filling key Bridge
positions. In general all is running well in Rideau District.
TRAINING
In general most course numbers are down. All squadrons are offering the basic courses and those who have
the training staff offer all courses if the numbers warrant putting the course on..
MEMBERSHIP
Membership in the district is down only very slightly on June 1 of 2004 over the same date in 2003.
PUBLIC RELATIONS
Some squadrons have ingenious ideas for PR such as using empty store fronts in the downtown core to
display CPS material, Magnetic fluorescent display signs at city entrances others include the Police in their
events. Parks Canada distribute CPS brochures at the lock stations, parks Canada were giving one day lock
passes to new CPS students.
FINANCES
Rideau district and all of the squadrons in the district are financially sound. Rideau district will be assisting
squadrons who are in need financially to send their Commanders to the AGM in Toronto. This is to help
reduce a slight profit margined in the district.
MAREP
Rideau District has a relatively active Marep program. Roger Duchesne of the Brockville squadron has really
got things moving. A new set of charts have been acquired for the Rideau district. Roger has also taken the
job of District Marep Officer.
GENERAL REMARKS
Myself and many other D/Cs are finding the price of meals at GB and the AGM much to expensive to allow
our spouse to attend with us. We are ether not going to the dinners or we cannot take our spouse with us . I
hope the new contract for 2005 has lower pricing than the Marriott chain.
Page: 6
The Ru nning F ix
Fall 2004
REPORT ON FLARES NIGHT
John T. Partington AP,
MAREP Representative
signalling distress during the day. Store your pyrotechnic devices
in a handy location on your vessel and keep protected from
MAY 28/04
moisture. If using a firing “gun”, keep it on a lanyard attached to
lares night was a great success, thanks to the social adroitness your person. Your devices must be dated less than four years since
and hours of letter writing and telephone calls completed by time of manufacture. However, outdated devices may be kept for
our dedicated Vanetia Moorhouse. Twenty-five people, use up to twelve years if well stored. Read and memorize
instructions for each device because it is difficult to do so in the
including a few youngsters, attended
dark and when under pressures of
the two-part program held at the
emergency. For night emergency, the
Nepean Sailing Club. First, we
pyrotechnic device should carry very
received an informative talk by a
high, provide a bright signal, and last for
representative of the Canadian Coast
as long as possible. The parachute flare
Guard. Then we participated in a
carries very high and lasts at least forty
practical session off Lighthouse
seconds. The twin star carries very high
Point at the end of the breakwater.
and provides two highly visible points
We had the opportunity to fire
of light. When firing on a clear night,
various pyrotechnic devices up into a
aim upwards and slightly into the wind
strong
WNW
breeze.
The
in order that the signal will carry back
combination
of
wind,
cold
over your vessel. However, when
temperature, waning light, and
clouds are low, aim on an angle to avoid
surrounding white-capped waves
signal getting lost in the cloud. As for
provided, for those with some
timing, shoot two flares, then, wait for a
imagination, a simulation of
half hour before signalling again. Do
emergency conditions at sea. A
not use all flares at once. If a large ship
summary of information and advice
is bearing down on your vessel and has
from the talk follows.
not responded to your radio call, fire
your best flare up at his bridge to catch
When in trouble out on the water you
the attention of someone up there who
need a device to attract attention and
may be awake. Finally, because
to enable potential rescuers to
Canadian Coast Guard now searches by
determine your position. Read the
aeroplane rather than by boat, attach a
“Safe Boating Guide” ( Canadian
dye device to your PFD so that if are
Coast Guard, Office of Boating
thrown from your vessel the position of
Safety ) for information about the
best devices for your vessel and Auxillary Coast Guard, Ted Jenkins demonstrates your body may be visible to the rescue
craft high above you.
cruising ground. Generally, your
the structure of a flare gun
vessel would be well served by
carrying six parachute flares and six double stars for night
emergency, as well as some smoke flares and dye powder for
F
Gathering at the point off the nepean Sailing Club preparitory to Sue blasts one off.
Photos courtesy of Ted Moorhouse
practice firings.
Fall 2004
The Running F ix
Page: 7
Article of Interest
JUL 03, 2004
NATIONAL POST
PAGE: IN4 (FINANCIAL POST INVESTING)
market is reflected by the asking prices for boats similar to his. In
his view, an open market is not restricted to Canada. Instead, one
should look at the highest price asked for boats of similar quality,
age and size anywhere in the world. Based on his own Internet
research regarding prices asked for similar boats in the U.K., he
concluded that the value of $40,710 was, indeed, appropriate.
Ruling helps define ‘fair market value’
Ottawa yacht case: FMV is what an item sold for, not seller’s
asking price
Unfortunately, the judge disagreed, stating that Mr. Carr “relied
Jamie Golombek, Financial Post
mostly on asking prices... not on prices at which the boats were
actually sold.... The method used by (the CRA), although not
Thinking of selling your boat this summer but wary of the perfect, is much more reliable than (Mr. Carr’s).” As a result, the
hassle? One option might be to donate it to a willing charity, judge could not accept the $40,710 valuation, and Mr. Carr lost
which would issue you a receipt for its fair market value, then his case.
presumably sell it for cash to fund its charitable activities. You get
rid of the boat, and you get a tax write-off, so everybody wins. He has not yet decided whether he will appeal the decision to the
Sounds like a plan? Ottawa sailor Norman Carr certainly thought Federal Court. While ordinarily one has only 30 days to appeal,
so — that is, until his case wound up in Tax Court last month.
the definition of “days” oddly excludes “any days in July and
August” from the deadline, giving Mr. Carr until mid-September
In July, 1999, Mr. Carr attempted to sell his Sabre 27, a British to decide. Perhaps members of the court may be enjoying some
sailboat that had previously been shipped to Canada, by listing it summer boating themselves....
for sale at $27,000 with a prominent Ottawa yacht broker. Three
months later, having received no offers, the broker suggested that ADDITIONAL INFO: Jamie Golombek, CA, CPA, CFP, CLU,
he might consider donating the boat.
TEP is the Vice-President, Taxation & Estate Planning, at AIM
Trimark Investments in Toronto.
An independent marine surveyor for the charity valued the boat
at $40,710, and Mr. Carr was issued a receipt for that amount The Squadron you deserve
which he proceeded to claim on his 1999 tax return.
by Robert Dandurand and Rod Doney
The CRA challenged the fair market value Mr. Carr used and
We’ve all seen the signs. In shop windows. On bumper stickers.
reduced the value of the boat, and therefore his donation credit, “If you like our services tell others; if you don’t tell us.”
down to $27,000 — the price at which he tried to sell it originally.
That’s applicable, as well, to your squadron bridge which, try as it
The court was asked to determine what was the true fair market might, can’t deliver what you want if it doesn’t know what you
value.
want.
The concept of fair market value, which is not defined in the
Income Tax Act, has been defined judicially as “the highest price
an asset might reasonably be expected to bring if sold by the
owner in the normal method applicable to the asset in question.”
The CRA brought an expert witness, who testified “the highest
potential value of the boat” was actually only $18,000. The expert
based this on a direct comparison analysis of other boats of the
same size and age available for sale domestically, since there was
really no known market for the rare U.K. boat in Canada.
Mr. Carr argued that the highest price available in an open
Page: 8
Here’s an example: at its most recent meeting the bridge
cancelled the planned September corn roast feeling that after all
the effort and cost there’d be a low turnout.
So, if not a corn roast, how about the bridge organizing more
technical events and travelogues and the like - and fewer social
events?
Low attendance has never been a good way of polling satisfaction
on volunteers’ work. Much better is to receive your ideas and
your suggestions. How to get your ideas to float? Well, bridge
names and contact points are in the Running Fix and on the
website.
As the signs say: “If you like our services....” But you already
know that. Looking forward to hearing from you.
The Ru nning F ix
Fall 2004