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Good news report from Canada

Global Country of World Peace    Translate This Article
19 March 2007

15 March was the 15th day of the ninth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

15 March 2007

Bloomberg News - Canadian stocks rally as loan concerns lessen (15 March 2007) The TSX Composite Index rose 65.59 to 12,874.32 on 15 March in Toronto. A measure of raw materials stocks rose 1.4 pe rcent, the most among 10 industry groups. Canadian financial shares rebounded, adding 0.6 per cent as a group. Canadian stocks advanced as investors gained confidence that rising mortgage delinquencies won't slow the US economy.

The National Post - Overall outlook has improved, recently, some analysts say (15 March 2007) Sales of both homes and autos remain at near-record highs, and the decline in capacity use in industry may in fact reflect the impact of increased business investment and, in turn, their capacity. Further, some analysts, such as those at the University of Toronto's Institute for Policy Analysis, say the outlook for the overall economy has improved in recent months. In its latest forecast, the institute says its 'comfort level' has increased thanks to stronger-than-expected housing construction, exports and job growth, a faster-than-expected reduction in the buildup of business inventories, and reduced pessimism about the outlook for the United States.

The Toronto Star - Toronto office vacancy rates hit record low (15 March 2007) Demand for top-quality office space in Toronto's business district is at its highest this decade, which bodes well for new development in the downtown core, a new report says. The vacancy rate for triple A buildings—which includes some of the most prestigious addresses in Canada—fell to 2.7 per cent in the first quarter of this year, the lowest since the fourth quarter of 2000. While the commercial market remains buoyant, so too are residential markets. A report yesterday showed that February home sales in Canada were at the second-highest level on record for any month, while average prices for resale homes across the country hit a record.

Reuters Canada - Canada less exposed to subprime market: industry group (15 March 2007) The Canadian Association of Accredited Mortgage Professionals, which represents about 9,800 mortgage lenders, brokers and insurers, called the domestic mortgage market 'a picture of health' and said the subprime market makes up just 5 per cent or less of all outstanding mortgages in Canada. 'But we felt it was important to say our housing market in Canada is strong, the mortgage market is strong; it continues to grow by 10 per cent each and every year,' Jim Murphy, president of the association said. The overall arrears rate on mortgages in Canada remains near record lows of less than 0.5 per cent, the group said.

The National Post - Exports key to short-term growth (15 March 2007) A leading economic forecaster, Global Insight Canada, sees economic growth of 2.2 per cent this year, rebounding to 2.9 per cent in 2008. What is expected to power the economy over the short term is a buildup in exports. 'Exports will be on the upward move and will be contributing more and more to Canadian GDP growth . . . .' Wojciech Szadurski, senior economist for Global Insight, said.

Canadian Press - Baird says Canada wants leading role in world climate-change strategy (15 March 2007) Environment Minister John Baird said he wants Canada to play a leading role in international talks on new climate-change measures, before leaving for a summit in Potsdam, Germany, that brings together environment ministers from the G-8 countries as well as Brazil, China, India, Mexico and South Africa. Baird said he would outline the Conservative government's greenhouse-gas policies at the conference. 'Canada is taking significant action in a variety of areas to tackle greenhouse gas emissions,' he said. 'We want to be part of, and provide leadership around the world for, negotiation of a new pact that will go farther than Kyoto in the years ahead.'

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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