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Invincible Canada

Global Country of World Peace    Translate This Article
19 January 2007

16 January was the 16th day of the seventh month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

16 January 2007

The Toronto Star - Premier pitches trade ties with India (16 January 2007)

On a two-week tour of India, Ontario Premier Dalton McGuinty made a strong pitch for more trade and investment between Canada and India, one of the world's fastest growing economies.

'We want to do for our relationship what India is doing for its people,' McGuinty said. 'We want to take it to the next level.' Noting that he had brought a large delegation of more than 100 of Ontario's business, professional, and academic leaders with him, McGuinty said: 'We believe that any intelligent economic strategy for the 21st century simply must include India.'

McGuinty also paid homage to India's past contributions to the world, including Mahatma Gandhi ('who taught that politics without principles is a sin'), Sanskrit ('the mother of Europe's languages'), astronomy, surgery, and the concept of zero. McGuinty said, 'Every citizen of the world owes your country a profound debt of gratitude.' McGuinty's speech 'was really, really inspiring,' Adesh Gupta, chair of the Confederation of Indian Industry, said afterward.

Following the speech, 10 previously negotiated memoranda of understanding were signed by Canadian and Indian partners, most of them academic institutions.

The Globe and Mail - December mutual fund sales more than double (15 January 2007)

Mutual fund sales in December 2006 more than doubled over December 2005, reaching $3.23-billion, the Investment Funds Institute of Canada reported. 'What's encouraging to see is that in the last three months of 2006 . . . we're seeing net sales at $7.5-billion, compared with the last three months of 2005 at $4.3-billion,' an IFIC vice-president said.

The Toronto Star - Energy sector leads TSX higher (15 January 2007)

Energy, tech, and telecom stocks were the main leaders in a solid advance on the Toronto stock market 15 January of 70.65 points to 12,749.46—its third consecutive positive session, rising 2.4 per cent in three days.

CBC News - Bank of Canada holds interest rates steady (16 January 2007)

The Bank of Canada held the line on interest rates 16 January. The central bank said Canada was working close to—or just above—its production capacity thanks to strong domestic demand.

In a vote of confidence in the Canadian economy, it said it expects Canada's economic growth to pick up to about 2.5 per cent in the first half of 2007, and operate near capacity throughout 2007 and 2008. That would be good news for Canada. Domestic demand in Canada has 'continued to contribute strongly to growth,' the bank noted.

The National Post - Bank of Canada stands pat (16 January 2007)

The Bank's outlook is much more optimistic than the outlook in October's Monetary Policy Report.

The Globe and Mail - Cost of corporate liability insurance declines in 2006 (14 January 2007)

The cost of buying liability insurance for corporate executives and directors finally began to decline last year after several years of major price increases, a new survey has found.

A Spencer Stuart review of insurance costs for Canada's 100 largest companies found premiums dropped 14 per cent. A year earlier, companies reported facing an average 26 percent increase in their directors' and officers' (D) liability insurance premiums.

'If you check out the securities class actions taking place—in the U.S. in particular—there seems to be a lessening of the frenzy,' said David Griffiths, senior vice-president at insurance broker AON Reed Stenhouse Inc. in Toronto. 'It appears the market has kind of settled out.'

The Vancouver Sun - Drug poll points to prevention, treatment as divisive issues (16 January 2007)

Two-thirds of Canadians believe the federal government should treat drug abuse as a medical problem requiring more prevention and treatment programmes, according to a new national poll, which found 65 percent of respondents agreed with the proposition that governments should treat the use of illegal drugs 'as an illness and focus on prevention and treatment for addicts'.

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.

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