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Good news report from Canada

Global Country of World Peace    Translate This Article
13 July 2007

6 July was the 6th day of the first month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

6 July 2007

The Toronto Star - Stocks higher on positive jobs data (6 July 2007) Stocks closed higher Friday on a strong report on Canadian job creation for June. Toronto's TSX composite index advanced 39.29 points to 14,118.7, for a gain of 212 points or 1.5 per cent this week. From a Bloomberg News report on this: Canadian stocks rose for a third time in four days. 'The market's riding some good tailwinds,' said John Johnston, who helps oversee about C$2.8 billion as chief strategist at The Harbour Group, an RBC Dominion Securities unit in Toronto. 'We've got mergers and there's still optimism about the economy.'

Bloomberg News - Canadian dollar surges to 30-year high as job growth quickens (6 July 2007) The Canadian dollar was the biggest gainer against the US dollar among the 16 most actively traded currencies. Canada's dollar advanced 0.7 per cent to 95.34 US cents and reached 95.58 cents, the highest since May 2, 1977. ,From a Globe and Mail report on this: Fundamental factors, rather than speculative buying, have driven the loonie higher this year, said Matthew Strauss, senior currency strategist at RBC Capital Markets.

The Globe and Mail - Jobs growth doubles forecasts (6 July 2007) Canadian employers created 34,800 jobs last month, double forecasts. The jobless rate held steady at a 33-year low of 6.1 per cent for the fifth month as more people looked for work. Average monthly job creation this year is running ahead of 2006, which was a solid year for the labour market. June's rise in employment brings gains for the first half of the year to about 197,000. In the first half of the year, the provinces with employment growth above the national average were New Brunswick, Alberta, British Columbia, Quebec and Manitoba. From a Statistics Canada report on this: In June, full-time employment increased by an estimated 63,000, partly offset by a decrease of 28,000 in part-time work. There were more people working in Quebec, Alberta and New Brunswick in June. The largest employment increases in June were in retail and wholesale trade; business, building and other support services; and educational services. From a Bloomberg News report on this: Retailers and wholesalers led June's employment gain, with 30,800 new jobs. The sector has been the second-biggest contributor to employment growth since June 2006, with 64,200 new jobs. Average hourly wages rose 3.5 per cent from a year earlier in June, faster than May's 3 per cent pace. From a Canadian Press report on this: Regionally, Quebec experienced the biggest employment increases in June with 22,000 new jobs, pushing the unemployment rate down 0.3 per centage points to 6.9%, the lowest in 33 years. Alberta added 12,000 more workers, while New Brunswick also saw significant job increases, resulting in a 1% drop in the province's unemployment rate.

CBC News - NB leads Canada in job creation: report (6 July 2007) New Brunswick is in the middle of an unprecedented job boom. A Statistics Canada report shows the province led the country in job creation in the first half of 2007, and its current unemployment rate of 6.8 per cent is the lowest ever recorded there. New Brunswick experienced employment growth of 3.1 per cent, compared to a national average of 1.2 per cent during the six-month period, outpacing even Alberta's employment growth of 2.5 per cent.

Canadian Press on surging western housing markets (5 July 2007) Home prices in Saskatchewan hit record levels—a trend expected to continue through the end of 2007. Saskatoon recorded Canada's largest property jumps in the second quarter, with bungalows costing an average C$281,250—more than C$100,000 over the same period in 2006. Two-storey homes were even more expensive, rising from C$196,500 to C$305,000. Meanwhile, homes prices have jumped 23.9 per cent in Calgary over the same time in 2006 and soared 47.4 per cent in Edmonton. The sizzling Western Canadian economy is expected to lead all regions in housing hikes through the end of the year. And not everyone wants a resale home. The value of building permits issued across Western Canada surged to their highest monthly level in May. Calgary's residential construction in June more than doubled from a year earlier.

The National Post - Canadian, emerging markets funds shine in second quarter: report (4 July 2007) Canadians who held investment funds focusing on domestic or emerging markets equity made healthy gains in the second quarter of the year, according to a report by Morningstar Canada.

The Globe and Mail - Tobacco farmers seek help quitting unhealthy crop (5 July 2007) Ontario tobacco farmers say they want to stop growing their dangerous crop. Fred Neukamm, chairman of the Ontario Flue-Cured Tobacco Growers' Marketing Board, said he has been lobbying the provincial and federal governments to provide an economic exit strategy, saying they are in dire shape. 'The federal and provincial governments say that green energy is the new frontier that we should be looking at. That's fine. Where are the plants? We need transitional funding.' He said energy-heavy plants, including sweet potatoes, sorghum, and green grass, are all alternatives that could be used in ethanol production, and would not compete with local food-producing farmers.

CBC News - Federal money supports 19 new green technologies (5 July 2007) A federal agency that backs clean technology has approved C$48 million in grants for projects that range from a self-erecting wind-turbine tower to a biosensor that can test water for as many as 100 pathogens in less than 30 minutes. Sustainable Development Technology Canada (SDTC) said that it has approved 19 new projects. SDTC is intended to help take clean technologies out of the lab and into the marketplace by providing funding for development and demonstrations. Among the grant recipients, 3G Energy Corp. will demonstrate 'a self-erecting 100 metre concrete tower for wind turbines.' The turbine will be lifted to the top by a crane system built into the tower, which means massive mobile cranes won't be needed for the job. 'This practice is becoming a limiting factor in the deployment of wind farms in Canada—especially in small installations and remote communities—where crane use is very expensive or not even possible,' SDTC said. Another grants went to a Nova Scotia Power project that will test a tide-powered electricity generator in the Bay of Fundy.

Canadian Press - Western premiers back northern territories in bid for autonomy (5 July 2007) Western premiers are throwing their support behind a bid by the northern territories to cut their apron strings to the federal government. They're hoping that Prime Minister Harper will agree to let the territories become masters of their own destiny, given his long-standing belief in decentralization. Nunavut Premier Paul Okalik, host of a three-day conference of western premiers and leaders of the three northern territories, said he was gratified to receive 'very strong support' for devolving power from Ottawa to Nunavut and the Northwest Territories. Yukon already has a devolution agreement with the federal government. From a Globe and Mail report on this: Prime Minister Harper was sent a strong message from the western premiers that it's time Ottawa gave more power and money to the northern territories. The four western premiers and three territorial leaders have united on this long-standing issue at their annual gathering. It's the first time the meeting has been held in Nunavut, which was carved out of the Northwest Territories in 1999. A devolution agreement with Ottawa would put Nunavut and the Northwest Territories on a more equal footing with the provinces. The governments would finally be able to manage public lands and natural resources. They would also be entitled to resource revenue-sharing with the federal government. 'Us northerners, like everybody else in the country, we want to control our own destiny,' Northwest Territories Premier Joe Handley said.

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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