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Good news report from Canada
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20 March 2007
17 March was the 17th day of the ninth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:
17 March 2007
CanWest News Service - Housing pushes Canadians' net worth to record high (17 March 2007)
A booming housing market coupled with strong gains in equity markets increased Canadian household wealth in the last quarter of 2006 to a record high of nearly $5 trillion dollars. The net value between what individuals, businesses, and governments own, and what they owe to foreign countries, rose $131 billion in the final quarter. The household sector, especially, posted strong gains in net worth. 'Household net worth leapt 3.8 per cent in the fourth quarter,' Statistics Canada said, more than double the increase in the previous quarter. 'Strong gains in the value of Canadian and foreign equities drove this increase, supported by continued growth in the values of residential real estate.'
From a National Post report on this: 'December showed some solid numbers, which tells you that January and February will be strong just from the point of view of consumer spending . . . . As a whole for the economy, we are looking at a growth rate in the first quarter of this year of 3 per cent in real terms,' Toronto-Dominion Bank economist, Pascal Gauthier, said.
Reuters Canada reports (16 March 2007)
Canada's mutual fund industry is basking in its best sales season in a decade. The last time net industry sales for the peak January and February months were above $12 billion was in 1997.
Bloomberg News - Canada wants to consolidate government agencies' debt (16 March 2007)
According to a Finance Department memo, Finance Minister Flaherty has 'approved in principle consolidating the market borrowing of the Business Development Bank, Canada Mortgage and Housing Corporation, and Farm Credit Canada'. Canada's state-owned companies sell about $10 billion of new bonds each year. The government would save as much as $620 million on interest payments over five years by issuing the bonds through a single agency.
The National Post - South Carolina to open Canadian office in Toronto to encourage investment, trade (17 March 2007)
South Carolina Governor Mark Sanford announced his state will open a Canadian office in Toronto to encourage investment and boost trade. The office will 'enhance our incredibly positive relationship with Canada', Gov. Sanford said. Canada is the Palmetto State's top export market. US Ambassador to Canada David Wilkins said the office in Toronto 'can only mean a more dynamic business environment and stronger ties on both sides of the border'.
The Globe and Mail - Alberta judge wants help for troubled teens (17 March 2007)
An Alberta judge is calling on the province to do more to help troubled young people in government care. 'There is a need for an integrated resource which will offer simultaneous treatment for both psychological and substance-abuse problems. We must attempt to see the whole child, Judge Peter Ayotte said. Once government has guardianship of a child, it has taken over the role of parents, and it must do everything within its power to help that child. Being satisfied with providing basic needs isn't enough, he said. The judge recommends the government set up a task force of experts to look for new ways and current best practices in other jurisdictions.
CBC News - Ottawa hands over $26.6M for Saint John harbour cleanup (16 March 2007)
Greg Thompson, New Brunswick Southwest MP and New Brunswick regional minister, hand-delivered the federal government's $26.6-million commitment to Saint John for cleaning up its harbour. Mayor Norm McFarlane said this was, in his opinion, the most important announcement in the city's history. Thompson also announced $34 million to be given to the province for projects to reduce greenhouse-gas emissions and air pollutants.
Reuters Canada - Government to move toward Kyoto (17 March 2007)
The federal government, which previously said its Kyoto target on greenhouse gases is unreachable, said it would nonetheless move substantially toward that goal. 'We're going to be coming forward with some efforts to move considerably toward that goal,' said Environment Minister John Baird, who will announce mandatory regulations for industries later this month. 'The developing nations obviously have a concern that they're going to be asked to carry an unfair burden, and I certainly led off (in the G8 talks) with the view that Canada has to provide leadership by example,' Baird said after meeting his counterparts from the G-8 and other countries in Germany.
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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