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Good news report from Canada

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16 September 2007

5 September was the 5th day of the third month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

5 September 2007

Canadian Press - Sales of luxury homes 'unprecedented' (5 September 2007) Sales of luxury homes have registered an 'unprecedented upswing' in the first half of this year, real estate company Re-Max said Wednesday. In a report on 16 major markets across Canada, Re-Max said high-end home sales were up year-over-year in all regions between January and July. The highest percentage increase was seen in Edmonton, where sales of luxury homes rose 521 per cent from a year ago.

From a National Post report on this: The consumer demand for luxury property has been insatiable, says Michael Polzler, executive vice-president of Re/Max Ontario-Atlantic Canada. Re/Max says C$1 million is just a starting price in some markets for a luxury home. In Vancouver, luxury homes start at $2 million. The starting price is $1.5 million in Toronto and $1 million in Calgary. The strong market for luxury property mimicks what is going on in the overall resale market, which is on pace for a record year, according to the Canadian Real Estate Association.

From a CTV News report on this: Edmonton, Saskatoon, Regina and Ottawa all reported triple-digit increases.

From a Globe and Mail report on this: Elton Ash, Regional Executive Vice President, Re/Max of Western Canada, said a strong economy has bolstered consumer confidence to the degree that affluent buyers are comfortable with a million-dollar-or-more investment in real estate.

The Victoria Times Colonist - Yet another real estate price record (5 September 2007) Another month and another new record for the average price of a single-family house in Greater Victoria (British Columbia). August sales powered forward, pushing the average price up by C$66,573 from one year ago to $576,632. A total of 846 residential properties sold through the Multiple Listing Service in Greater Victoria last month, the highest recorded for August in 15 years. 'The continued strong demand we are seeing is remarkable; so far this year, overall sales are running 13 per cent higher compared to the first eight months of last year,' says Bev McIvor, Victoria Real Estate Board president. McIvor noted that twenty-three homes sold for more than $1 million last month.

The Toronto Star - Canadian auto sales set record (5 September 2007) Consumers in Canada bought more cars and light trucks than in any other August in the country's history. Sales climbed 3.1 per cent in August from the same month last year. The results marked the fifth consecutive month that sales have increased from the corresponding period last year. In eight months of this year, Canadian auto sales have jumped 4.7 per cent from the same period in 2006.

From a CBC News report on this: Sales for the year are on track for more than 1.65 million units, Dennis DesRosiers, president of DesRosiers Automotive Consultants, said. 'Not a record year, but a very healthy year and much better than any analyst, including ourselves, predicted a year ago.'

From a National Post report on this: In Canada, low unemployment and optimism about the economy are fuelling sales, analysts say.

The National Post - Bank of Canada keeps rate unchanged (5 September 2007) The Bank of Canada held its key interest rate steady at 4.50% today and made clear it was unlikely to resume its tightening cycle until some of the dust cleared. The bank said the Canadian economy has preformed better than expected since its last assessment in July. It added that against the background of a stronger-than-expected Canadian economy and tighter credit conditions, the bank 'judges that the current level of the target for the overnight rate is appropriate.' The bank went to lengths to point out how strong the economy currently appears to be now. It noted that domestic demand remains 'robust', buoyed by a continuing strong labour market and higher-than-expected increases in home sales and prices.

From a Bloomberg News report on this: It is unclear how long tighter credit conditions will last, the bank said. There aren't many signs yet of the economy sagging because of the credit shortage. Recent reports showed unemployment fell to the lowest since 1974. 'Eventually they will be back in the hike mode, because the Canadian economy is so remarkably strong in many ways,' said Eric Lascelles, a senior fixed income strategist at TD Securities.

The Globe and Mail - We're out by Feb. '09: MacKay (3 September 2007) Canada has made it clear to its NATO allies that they cannot count on Canadian troops to fight on the battlefields of southern Afghanistan after February of 2009, Defence Minister Peter MacKay said in an interview. 'Obviously the aid work and the diplomatic effort and presence will extend well beyond that. The Afghan compact itself goes until 2011,' Mr MacKay said. 'But the way the mission is currently configured, with respect to our presence in Kandahar, there is an expiration date that has been set.' Mr MacKay added that the government has committed to a vote in the Commons on Canada's future in Afghanistan. There are increasingly strong indications that the Harper government will not try to extend the Canadian Forces' role in the Kandahar area. '2011 for international aid, 2009 for the military mission,' Foreign Affairs Minister Maxime Bernier told Radio-Canada television last week.

The Christian Science Monitor - Toronto turns to lake water for air conditioning (30 August 2007) The Toronto Dominion Centre's three original towers were among the first connected to Toronto's Deep Lake Water Cooling System. Pipes were run into Lake Ontario that draw water 272 feet below the surface. At that depth, the temperature is almost constant. The cool water passes though metal coils inside participating buildings and fans blow over the coils, forcing cool air into each building's air-conditioning system. The water is then sent to reservoirs, providing about 15 per cent of the city's drinking water. The two newer TD towers were connected last fall. For the first time this summer, the entire TD Centre was air-conditioned by the water, saving a total of 10 megawatts of electricity every working day. The system is connected to 41 buildings in the central business district, and a total of 57 buildings have signed on to use it. New buildings that join the system should never have to build cooling units. Among them is a 25-story downtown condominium built by Tridel, that was hooked in from the start. Toronto's cooling project is the largest of its kind in the world and the only one that offers both cooling and drinking water.

The Vancouver Sun - Former chief named lieutenant-governor (5 September 2007) Steven Point, a provincial judge and former chief of the Skowdale First Nation, has been appointed as British Columbia's first aboriginal lieutenant-governor, Prime Minister Harper announced. He graduated with a law degree from the University of B.C. in 1985 and later became director of the Native Law program at UBC (University of British Columbia). He was appointed to the provincial court bench in 1999. 'The naming of Steven Point as B.C.'s next lieutenant-governor is truly a milestone for First Nations people in B.C., especially in these times of reconciliation, recognition and relationship building between First Nations, British Columbia and Canada,' said Grand Chief Edward John, a member of the First Nations Leadership Council. 'We will greatly miss Steven in his important role as Chief Commissioner of the BC Treaty Commission,' said Chief Judith Sayers. 'He has been an effective advocate for the settlement of fair and just treaties in British Columbia.'

From a Globe and Mail report on this: Ernie Crey, who went to school with Mr Point, said he has played a key role in restoring traditional practices and is 'a healer in the community'.

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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