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Good news report from Canada

Global Country of World Peace    Translate This Article
15 May 2007

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

9 May 2007

The Globe and Mail - Banks see profit in green policies (9 May 2007) Banks are pushing forward with new environmental initiatives at a rapid clip. Toronto-Dominion Bank is preparing to release a new environmental policy. One of the areas the bank has been looking at is environmental assessments, said Scott Mullin, vice-president of government and community relations. 'There's a variety of steps that we will be looking to take to ensure that environmental risk is factored into our lending and investing decisions.' Initiatives like this will likely see banks tighten the purse strings when it comes to making investments in projects like coal-fired power plants and other carbon-intensive energy sources. 'Any time there's going to be opportunity lost, there's going to be many gains,' Nelson Switzer, the Royal Bank of Canada's senior manager on environmental risk management, said. There are two major reasons banks are heeding the call, he said. 'One, it's the right thing to do. And the second reason is that is makes good economic sense.... If the renewable energy market, for example, is going to be a growth market, well, we'd certainly like to be involved.'

The Globe and Mail - Profit numbers beat forecast.. (9 May 2007) Profits have topped expectations in Canada. With 21 companies on the TSX 60 blue-chip index having reported as of last week, Thomson's data show year-over-year growth of an estimated 13.8 per cent, up from 11.5 per cent predicted in early April. In the broader TSX composite index, first-quarter profits are showing 20-per-cent growth, with just over half the companies reported. Of these, 56 per cent came in with a positive surprise.

Canadian Press - Investments hit highest percentage increase in six years at end of 2006 (9 May 2007) Both Canadian direct investment abroad and foreign direct investment in Canada recorded the highest percentage increase in six years at the end of 2006, Statistics Canada reported Wednesday. Foreign direct investment in Canada hit $448.9 billion at the end of 2006, up $41.3 billion, or 10.1 per cent, from the end of 2005. That was the fastest percentage gain since 2000.

The Globe and Mail - Meet the new CEO—the Chief Energy Officer (9 May 2007) A survey by consultants Hill & Knowlton of technology leaders from the United States, United Kingdom, China and Canada found 77 per cent of those polled saying there is a need to expand to include a chief energy officer—an individual who would manage, implement and measure a company's return on investment in environmental technology. Among the Canadians polled, 84 per cent see a void that would be filled by a chief energy officer. The survey also found that 88 per cent of Canadian respondents said they closely or somewhat closely monitor global warming. 'There's a growing need for corporate accountability on energy performance ... companies will need to quantify the return on the triple bottom line—people, profits and planet—or their reputation and valuation will suffer,' said Joe Paluska, the head of Hill & Knowlton's worldwide technology practice.

Canadian Press - Feds announce new rules to fight ship pollution (8 May 2007) The Conservative government has announced new 'zero tolerance' regulations to better protect Canadian waters from ship pollution. The regulations are aimed at eliminating the deliberate, negligent, or accidental discharge of pollutants from ships. Some of the key measures include: Requiring new oily water filtering equipment and bilge alarms to meet stricter standards; requiring any vessel with a toilet to have a holding tank or a sanitation device for the treatment of sewage, and; requiring ships to be inspected and certified for compliance with provisions for air emissions.

The Toronto Star - Province targets plastic bags (9 May 2007) The provincial government wants Ontarians to cut in half the number of plastic shopping bags they use over the next five years. The Recycling Council of Ontario will work with all retail businesses to provide incentives such as store points that can be redeemed for products, air miles or cash to customers who use reusable cloth or canvas bags. There will be annual reports measuring the success, and if the voluntary system isn't working, the province can regulate tougher measures such as bag fees or bans. 'While we're keen to be partnering with industry, we will take further action if we're not seeing the kind of results that we want to see,' a provincial source said. From a Globe and Mail report on this: 'Reducing the volume of plastic bags that end up in landfills is a top priority for us,' said Ontario Environment Minister Laurel Broten. 'This is more than an issue of just plastic bags. It is another critical step forward in changing how we produce, use, reuse and recycle products and packaging,' said Jo-Anne St. Godard, executive director of the Retail Council of Ontario.

Canadian Press - Province joins new Climate Registry (9 May 2007) BC has joined a new emissions monitoring system, the Climate Registry, aimed at getting a better look at the real amount of greenhouse gases being sent into the atmosphere. Thirty US states and Manitoba are already involved.

The Victoria Time Colonist - Island construction boom at 30-year high (9 May 2007) Home builders on Vancouver Island haven't been this busy since 1977, with some of the region's largest housing projects being built by companies based in Vancouver and Alberta. 'This generation of builders is experiencing their busiest year ever,' said Peggy Prill, market analyst for the Victoria office of Canada Mortgage and Housing Corp. Builders are constructing 2,068 apartment-style units in urban centres—23 for rental use and the rest as condos. Total housing units under construction are at 3,010. It's more than a blip in numbers for one month—cumulative figures show a trend of increases in housing starts this year compared with last year. From January to April of this year, 1,455 homes were started, up from 1,280 in 2006. The average selling price for a single-family house in this region hit a new record of $568,710 last month.

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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