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More positive trends on the 56th day of Canada's Invincibility assembly
by Global Good News staff writer
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27 August 2006
This is the 56th day of Canada's national invincibility programme, and there continue to be indications of national consciousness rising to invincibility as evidenced by positive trends in the economy, and other areas of national life.
Bloomberg News (25 August 2006) - Canadian Stocks Head for Longest 2006 Win Streak as Oil Gains
The Standard & Poor's/TSX Composite Index is up 0.8 per cent since 18 August and is headed for its fifth straight weekly gain. That would be the longest winning streak since the two-month period ended 6 January.
'Things are aligned for the market to go higher,' said Greg Eckel, who manages $900 million at Morgan Meighen & Associates in Toronto. 'There's little downside for commodities in the next little while. The banks have made a good move. That's about three-quarters of the market advancing.'
CBC News (24 August 2006) - Ontario balances its books
Ontario's Finance Minister Greg Sorbara announced Thursday he has wiped out the province's deficit two years ahead of schedule.
Figures released show a modest surplus of $298 million....
For the previous two years, the province has run deficits....
CanWest News Service (24 August 2006) - Economic growth pushes loonie above 90 cents US
The Canadian dollar briefly soared above 90 cents US Wednesday to a new six-week high in the wake of evidence Wednesday of domestic economic strength....
The latest proof came from Statistics Canada's index of leading indictors, a barometer of the short-term economic outlook, which rose by 0.2 per cent in July....
Reuters Canada (24 August 2006 ) - Toronto-Dominion Bank shares rise on stellar Q3
TD, Canada's second-largest bank by assets....third-quarter profit almost doubled....
'They beat everybody's expectations by a wide margin this time,' said Mario Mendonca of Genuity Capital Markets in Toronto.
Reuters Canada (25 August 2006) - Royal Bank of Canada 3rd-qtr profit jumps 20 pct
Strong revenue growth across all business segments and lower taxes helped propel Royal Bank of Canada's third-quarter profit up 20 per cent, the country's largest bank said on Friday.
Royal earned record net income of C$1.18 billion....
And finally, a heartwarming story from Lebanon:
Canada.com (25 August 2006) - War-weary Lebanese look to Canada for hope, new home
Nasrine Al Wakal has a peculiar but compelling reason why she wants to emigrate to Canada with her husband and four children. 'I have been told that Canada is very boring and that is exactly what we are looking for! We want to live in a peaceful place,' said the English teacher from Beirut....
....so many Lebanese have already gone there and done well,'' said Nasrine's husband, Hassam....
These are a few of the news reports reflecting Canada's rising invincibility from the growing Yogic Flying groups across Canada.
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