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Good news report from Canada

Global Country of World Peace    Translate This Article
12 February 2007

9 February was the 9th day of the eighth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

9 February 2007

Bloomberg News - Canadian Stocks Rise to Record, Led by Gold Miners and Nortel (8 February 2007) Canadian stocks rose to a record on 8 February. The TSX Composite Index added 42.05 to 13,184.30. The benchmark is up 2.1 per cent this year and has set records five times in the past seven sessions.

Canadian Press - Big January employment gains surprise economists, boost dollar (9 February 2007) News that 89,000 Canadians found work in January left economists blinking in surprise on 9 February and pushed the dollar up. The employment numbers were described as 'mind-boggling' by analysts, who had expected perhaps 10,000 new jobs.

Dawn Desjardins, an economist at Royal Bank, said the flood of jobs was a big surprise. 'Most analysts were looking for a slowdown in the pace of hiring and that's not what we got.' A record 63.4 per cent of working age Canadians held jobs last month. 'It is pretty incredible actually,' said Carolyn Kwan, a senior financial markets economist at Scotiabank. 'The job market has really been performing in a stunning fashion, having put forth upside surprises for five months now.'

Strong economic conditions lured many more Canadians into the employment market. Kwan said the influx of 110,000 people into the labour market, the largest monthly jump in a generation, offers an optimistic possibility: 'We're actually entering, perhaps, a period where we could see more growth come in without inflation.'

CBC News- 'Blazing' Canadian economy churns out 88,900 jobs (9 February 2007) British Columbia's 4.3 per cent unemployment rate represented a drop of almost a full percentage point—matching a 30-year low set last June. All four western provinces managed to post record high employment rates.

'This report will clearly help ease concerns at the Bank of Canada about the slowing trend evident in the GDP data,' BMO Capital Markets economist Paul Ferley said. 'In fact, it raises suspicions that the latter measure is undercounting activity in the economy.'

From a Bloomberg News report on this: Canadian employers added the most jobs in eight months in January, the fifth straight monthly gain. The figures bear out Bank of Canada predictions that economic growth will rebound. Employers had already hired a total of 148,900 workers between September and December.

From a Reuters Canada report on this: The long suffering manufacturing sector grew for the third month in a row.

Bloomberg News - Canadian dollar rises most in seven months, bonds fall on jobs growth data (9 February 2007) Canada's dollar rose the most in more than seven months and bonds declined the most in almost two months after a government report showed employers added more jobs in January than expected. Canada's dollar advanced 0.87 per cent to 85.28 US cents from 84.55 cents yesterday. It was the biggest gain since 29 June.

The Vancouver Sun - Jump in house starts surprises experts (9 February 2007) Housing starts in Greater Vancouver were up a whopping 22 per cent in January compared with the same month last year, confounding experts anticipating a modest slowdown.

Across British Columbia, urban housing starts increased 21 per cent in January, compared to the same month last year. National numbers 'blew the roof off expectations' with starts surging to 249,300 units, their highest level since March 2004, Pascal Gauthier of TD Economics said.

The Globe and Mail - Tax policy can fuel cleaner solutions, group says (9 February 2007) Canada's tax system should be used to spur companies to invest in the development of clean technologies, a panel of Canadian sustainability experts is recommending.

In a report released on 9 February, they say what's needed are things like tax credits for early adoption of clean technologies and refundable tax credits for capital invested in low-emissions research. The meeting of 140 executives, scientists, academics and policy makers in the fall was organized by the Lawrence National Centre for Policy and Management at the University of Western Ontario Richard Ivey School of Business.

'With abundant low-carbon energy resources like wind and biofuels, strong technological expertise and an educated work force, Canada has the potential not only to satisfy its energy needs with less environmental impact, but also to become a global leader in many of these technologies,' the report says.

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:

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