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Good news report from Canada

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19 September 2007

7 September was the 7th day of the third month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

7 September 2007

Reuters Canada - Canada jobs, wages unexpectedly strong in August (7 September 2007) Canada's fiery job market showed no sign of cooling in August. The economy added 23,300 jobs and the unemployment rate stayed at a 33-year low of 6.0 per cent on strong hiring in the construction and education sectors, Statistics Canada said on Friday. Hourly wage growth in the year to August hit 4.0 per cent. The report is the first piece of Canadian economic data for August, when credit markets began to experience liquidity problems stemming from the U.S. subprime mortgage meltdown. 'There's no sign that the August credit crunch and financial volatility has fed through to the Canadian jobs market,' said Eric Lascelles, strategist at TD Securities.

From a National Post report on this: Last month's better-than-expected figure was up from 11,300 new positions in July—'. . . quite healthy overall, suggesting the credit market squalls have barely dealt a glancing blow to the domestic economy,' said Douglas Porter, deputy chief economist at BMO Capital Markets.

From a Canadian Press report on this: The Canadian economy continued to show strength in August. Last month's added employment brought job gains for the first eight months of the year to 232,000, a 1.4 per cent increase that was slightly higher that the 1.2 per cent improvement recorded during the same period last year.

From a Globe and Mail report on this: Average hourly wages rose the fastest in six years. August was the fourth month in a row with year-over-year hourly wage increases above 3 per cent. Average hourly wages rose to a 4-per-cent pace from July's 3.7 per cent. Older workers experienced a surge in employment growth last month. That comes after several provinces recently lifted their mandatory retirement rules.

From a Statistics Canada report on this: Employment gains in the goods sector in August came primarily from construction. Employment in educational services jumped by an estimated 33,000 in August.

From a CBC News report on this: Ontario led all provinces with 9,300 new jobs, followed by British Columbia's addition of 8,300 jobs. Newfoundland and Labrador added 3,100 new jobs, its biggest monthly increase in 18 months. The construction industry continued to hire at a torrid pace, with 16,000 payroll additions. Since the start of the year, 63,000 more people have found work in construction, as Canada's housing boom shows few signs of letting up.

The National Post - Moody's Gives Canada Top Marks (7 September 2007) Canada's top Aaa debt ratings have been reinforced by declining federal debt and declining foreign liabilities, Moody's Investors Service said Friday in its annual report on the country. 'The Canadian economy continues to deliver strong economic results, as befits its Aaa rating,' Steven Hess, Moody's lead analyst on Canada, said. He noted unemployment was at its lowest since the early 1970s and inflation was within the Bank of Canada's target range of 1% to 3%.

Bloomberg News - Bank of Canada Says Markets Functioning, Ends Special Terms (6 September 2007) The Bank of Canada said it will end the special terms it set last month for its one-day purchases of securities, aimed at easing a credit crunch, because markets are functioning better.

From a Reuters Canada report on this: The Bank of Canada said 'significant progress' had been made in smoothing out liquidity problems. The bank said it has not needed to intervene since 17 August.

From a Globe and Mail report on this: In an upbeat signal, the central bank said it was repealing an expanded list of eligible collateral that financial institutions could use that was expanded to inject liquidity in the overnight market. 'It worked, and it's no longer necessary,' said Avery Shenfeld, economist at CIBC World Markets. But the announcement did suggest that the central bank is optimistic about the credit crunch, other economists said. 'I think it's a vote of confidence in the commercial paper market ... and that things are starting to return to normal,' added Jacqui Douglas, economics strategist for TD Securities. 'I think they see things as finally beginning to normalize.'

CanWest News Service - Canada to get sniffles but no cold from U.S. financial turmoil: report (7 September 2007) A new forecast by Global Insight released Friday, sees only a modest 0.2-point reduction in overall economic growth from the financial turmoil. In fact, it expects the Canadian economy will generate an estimated C$6 billion a year more in federal tax revenues this fiscal year than the government had forecast in its budget, thanks to the impact of strong commodity prices on incomes and profits.

Canadian Press - Environmental watchdog releases report on office supply companies (6 September 2007) An environmental watchdog is giving improved grades for the major players in Canada's office supply sector. ForestEthics has issued a report saying the sector, which is North America's largest paper consuming industry, has seen significant environmental gains for Canada's forests. 'Overall what we're seeing is a massive shift in this sector which buys a lot of wood and paper products from Canada towards more environmentally friendly policies,' Gillian McEachern, a spokesman for ForestEthics, said. 'It was quite encouraging that in the course of the year several of them came out with significant new environmental commitments.' Staples was noted for eliminating from its chain all fibre from endangered forests in Alberta's Foothills and Abitibi's Quebec's boreal forest. ForestEthics also gave credit to pulp and paper company Domtar for providing environmentally friendly products to the office supply industry.

The Globe and Mail - Green roofs sprouting new adherents (7 September 2007) Over the last year or so, there's been a sudden surge of interest in green roofs in B.C. In Sechelt, the luxury Wakefield Beach homes project is believed to be the largest residential green roof project in North America. 'The city of Toronto did an initiative to get people to do green roofs, and I think that has woken up the rest of the country,' Elevated Landscape Technologies representative Laura Barker says. Xero Flor Canada has five residential projects in B.C. currently. 'It's really interesting to see a shift happening,' says representative Genevieve Noel.

Canadian Press - Alberta creates two new parks (6 September 2007) Alberta has created two new parks near Drayton Valley in an effort to protect sensitive lands and provide recreational opportunities: Eagle Point Provincial Park and Blue Rapids Provincial Recreation Area. Local organizations will play the lead role in managing the parks. Tourism Minister Hector Goudreau says it's a 'shining example' of how the local community and park users can come together and contribute to the goal of healthy, sustainable parks.

CBC News - New Brunswickers urged to 'get wellness soon' (6 September 2007) New Brunswick Premier Shawn Graham unveiled the province's Get Wellness Soon campaign in Fredericton. He said the promotion, which includes a website and television, radio, and print ads, 'aims to build awareness of wellness for our children, and highlights the impact that parents can have when it comes to showing them how to lead healthy lives.' The ads and website will offer tips for healthy eating and physical activity. 'As parents, teachers and role models, we need to take the ropes, spread the word about wellness, and focus on helping our kids make healthier choices every day, at home, school and play,' the website 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:

Copyright © 2007 Global Good News(sm) Service

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