GOLDSTREAM Royal entrance
Building new high school culture starts now Page A3
NEWS GAZETTE
EDUCATION: Pt. 2 in our series on Great Teachers /A2 SPORTS: Kicking up triathlon training a notch /A11 ARTS: Friday jams bring all comers to Legion /A12
Wednesday, April 23, 2014
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Students and stocks a good mix Junior Achievement program helps demystify investing in the markets for Belmont business students Don Descoteau News staff
Don Descoteau/News staff
Belmont secondary business education 10 student Dylan Kaplan inspects the performance of one of his stock interests during a recent class. The students are participating in Junior Achievement B.C.’s Stock Market Challenge for 40 days, trying to maximize profits in their simulated portfolio.
Most of the students in Tom Grainger’s Business Education 10 class at Belmont secondary are staring intently at their computer monitors. Entranced by the very fluid nature of business stock prices – every minute or so the figures change, based on trading in the various exchanges – the teams are watching for the right time to buy, or sell, as a way of boosting their portfolio. But this exercise requires a lot more than simple guesswork. “We’ve been watching (tech company) San Disk. It jumped a lot today based on its quarterly earnings announcement,” says student Dylan Kaplan. He matter-of-factly adds, however, that he wouldn’t invest in the company in the real world, based on their earnings history. Learning how to research stocks is one aspect of the Investment Strategies Program, sponsored by Junior Achievement B.C. The non-profit’s online Stock Market Challenge sees pairs of students given $100,000
of simulated money to invest. They began with a four-day tutorial on the software, but have embarked on a 40-day challenge in which they monitor their portfolio and try to maximize profits, in competition with high school business students from B.C. and Alberta. “Courses like this help to demystify the complex world of stocks and business,” says John Clarke, a Junior Achievement volunteer and commercial account manager with BMO Bank of Montreal in Langford. He’s been working with the students once a week to give tips on investing and keep them on track. Grade 12 student Curtis Whittla, a peer tutor for this group, took the class two years ago and gained a serious interest in investing. Already accepted into the commerce program at the University of Victoria, he used knowledge gained through the Junior Achievement module to help launch his real-world investments. PlEASE SEE: Investment advice, Page A6
Trail building: Langford looks to connect main traffic routes Kyle Wells News staff
Drivers heading home to northern areas of Langford, or to Sooke from up island may soon have an easier time of it. The City of Langford is applying for a new federal infrastructure grant it would use to connect West Shore Parkway with Langford Parkway and Sooke Road, a wish-list plan which has previously been cost prohibitive.
Director of engineering Michelle Mahovlich said the estimated cost is $20 million. “(It’s) quite a significant project; it would create a lot of jobs,” she said. “We have dozens and dozens of inquires and requests (for this). We can certainly back the grant application with community support.” The federal grants, to be matched by the province, are intended for projects that work toward the betterment of a region. Langford’s portion would come out of
road development funds raised from developers, leaving taxpayers off the hook. Nearby developments such as Kettle Creek and Westhills, which have a vested interest in this project, may pay directly for some of the work and get credit from the city. The plan calls for Westshore Parkway to extend 3.5 kilometres, beyond the railway tracks, to a roundabout at the end of Langford Parkway. From there it would connect with Sooke Road at Awsworth Road.
The route will give greater access to northwest areas of Langford and to Sooke. The road would be three lanes, one in each direction plus a centre turning lane, plus bike lanes, but no sidewalks. On Point Project Engineers Ltd. was awarded a $75,000 design contract for the project as part of applying for the grant. Mahovlich doesn’t expect an answer about the grant until late 2014 or early 2015. kwells@goldstreamgazette.com
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