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Good news report from Canada

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5 March 2007

3 March was the 3rd day of the ninth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

3 March 2007

Canadian Press - Economy strengthened at year-end, gathering momentum into 2007 (3 March 2007) Coming on top of other rosy statistics, the December GDP figures had analysts predicting a good start to 2007. 'The fact that the economy ended the quarter on such a strong footing points to a good hand-off for the first quarter of 2007 and could set the stage for a three per cent gain,' said Marc Levesque, chief economic strategist at TD Bank. Scotia Capital economist Carolyn Kwan said there was a lot of good news in Friday's data. 'The final domestic demand was actually a lot stronger than expected....'

'Canada's external sector appears to be recovering well as exports rose by 4.8 per cent, marking the second quarter of increase following two quarters of declines,' said David Tulk, a TD Bank economist. 'January reports were strong with both employment and housing starts showing sharp gains, supporting our view that the economy is building momentum,' Dawn Desjardins, a senior economist at Royal Bank, said.

The Globe and Mail - RBC Dominion analyst sees double-digit returns for North American markets (3 March 2007) Despite this week's market mayhem, North American stock markets should see double-digit total returns on both sides of the border this year, says Myles Zyblock, chief institutional strategist for RBC Dominion Securities Inc.

CBC News - February fund sales hit 10-year high (2 March 2007) Canadians put more money into mutual funds last month than they have in any February since 1997, with net sales between $7.5 billion and $8.1 billion. January's net sales of $4 billion also set a 10-year high. AGF Management reported its net February fund sales of $540 million were the best of any month in its 50-year history. Several big fund sellers reported that this week's market sell-off didn't stop investors from making their yearly RRSP contributions.

From a Toronto Star report on this: It was the eighth consecutive month of growth for the industry. 'January was good but February was stunning,' said Bill Holland, chief executive officer of CI Financial Income Fund. From a Globe and Mail report on this: 'It's absolutely phenomenal,' said Peter Loach, fund analyst at BMO Nesbitt Burns. The market correction was 'a non-event,' said Ed Legzdins, president and chief executive officer of BMO Investments Inc., the fund arm of the Bank of Montreal, which reported net sales of $659 million last month. Investors opted to ignore 'the short-term ebbs and flows [of the market], to think of the long term,' he said.

The Leader-Post - Regina home sales sizzling (3 March 2007) Regina's (Saskatchewan) housing market continued its torrid pace in February. Home sales hit a 20-year high, with the number of homes sold through the multiple listing service during the month increasing 29 per cent over February 2006. Total sales volume for the month of $33 million set a record high. The average price of all residential homes sold during the month was up 7.3 per cent from the average recorded in 2006.

The Toronto Star - Builders on board green bandwagon (3 March 2007) Builders across Canada just adopted national guidelines to contribute to the development of environmentally responsible housing at the annual conference of the Canadian Home Builders' Association. The guidelines list 20 examples of specific actions that home builders can take to upgrade the environmental performance of housing—everything from creating house designs that minimize construction waste, to providing plumbing fixtures that use lesser amounts of water, to using automated lighting controls. Other examples include using solar and geothermal heating, and wind and photovoltaic electricity generating techniques to reduce consumption of fuels that produce greenhouse gases.

CBC News - Simon applauds human dimension of polar research projects (2 March 2007) The federal government has lived up to its promise to include a human dimension in the Arctic research, says Inuit Tapiriit Kanatami president Mary Simon, whose group will look at resiliency and diversity across the Arctic and how communities are adapting to the changing climate. The health of northerners will also figure prominently and the Yukon's Vuntut Gwitchin First Nation will study the impact of climate change on health, wildlife, and the environment.

CBC News - The resurgence of tidal power (26 February 2007) Twice a day, the Atlantic Ocean pours through the Bay of Fundy, nearly 14 billion tonnes of seawater—equivalent to the combined flow, some have calculated, of every river on earth. New technologies have come along and so has the need for more non-polluting energy. As a result, Nova Scotia Power wants a pilot project with one of the world's largest single underwater turbines in the passage by late 2009, designed to generate a megawatt (one million watts) of power.

If it works as planned, NSP is considering as many as 300 more, enough to supply the electrical needs of well over 200,000 homes. According to a study by the California-based Electric Power Research Institute, the Bay of Fundy is by far the best of eight sites that have been studied in North America and may even be the best in the world. Roger Bedard, chief tidal power scientist at EPRI, says there is as much as a gigawatt (a billion watts) of potential at a dozen or so different sites in the Bay of Fundy. 'Canada is the place,' Bedard enthuses.

These are a few of the news reports reflecting Canada's rising invincibility from the growing Yogic Flying groups across Canada and the Invincible America Assembly at Maharishi University of Management and Maharishi Vedic City, USA.

For further information on creating invincibility for your nation, please visit: www.globalgoodnews.com/invincibility.html. You may also enjoy learning about the Six-Point Programme of the Global Financial Capitals around the world to create a healthy, happy society, and peaceful world.

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