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Good news report from Canada

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2 October 2007

26 September was the 26th day of the third month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

26 September 2007

Reuters Canada on Canadian stocks rise for fourth straight day (26 September 2007) The Toronto Stock Exchange's main index climbed on Wednesday, boosted by rising bank stocks and optimism about the Canadian economy. The TSX composite index closed up 37.35 points at 14,034.97, with seven of its 10 main groups higher. The financial sector led the index higher for a second straight day, climbing 0.8 per cent. The sector is up 1.8 per cent in two days. The benchmark TSX index has risen 1.4 per cent in the last four trading days. It has gained in 11 of 17 sessions this month, adding 2.7 per cent, in contrast to its volatile swings through the summer.

From a Bloomberg News report on this: A gauge of industrial stocks gained 1.3 per cent. A gauge of technology shares rose 2 per cent. It has gained 34 per cent this year for the best performance among 10 industry groups in the TSX in 2007. 'Technology stocks have some of the best growth rates among all sectors. Third-quarter earnings will be O.K.,' said Paul Harris, who helps manage C$75 million at Avenue Investment Managements in Toronto.

Statistics Canada - Farm Product Price Index (26 September 2007) Prices for crops were up 17.3% in July compared with July 2006, according to the Farm Product Price Index, continuing the upward trend in year-over-year price changes that began in September 2006. on retail sales in July from a year earlier (24 September 2007) Retail sales in Canada grew by 4.5 per cent to C$34.33 billion in July from C$32.87 billion a year ago. Saskatchewan led with a gain of 10.8 per cent from July 2006, followed by Alberta at 9.2 per cent and Newfoundland at 9.0 per cent.

The Toronto Star on effect of par dollar on acquisitions (21 September 2007) The loonie's [popular name for the Canadian dollar] rise to parity with the U.S. dollar is allowing businesses to grow by making more acquisitions south of the border. 'That's one of the best-kept secrets of what's been going on recently,' said David Watt, senior currency strategist with RBC Dominion Securities. But the deals are smaller—C$1 billion or $2 billion. Those deals, he said, 'just don't get the headlines .... '

Bloomberg News - Canada Reduced Taxes on Investment to 11th Highest, C.D. Howe Report Says (21 September 2007) Canada's government has cut taxes on corporate investment and helped the world's eighth-biggest economy improve its ranking against other nations, the non-partisan C.D. Howe Institute said in a report. Canada has the 11th-highest corporate investment tax payments this year among 80 industrialized and major developing nations, compared with sixth-highest last year and second-highest in 2005, the study said.

CBC News - Quebec plans ban on phosphates in detergents (25 September 2007) Quebec's government will introduce a regulation this fall to prohibit phosphates in dish soap and other detergents. Environment Minister Line Beauchamp announced the plan at a Tuesday forum on the blue-green algae infesting a number of Quebec lakes. Beauchamp said she's lobbying the federal government to modify its rules on phosphates, which she argues would have a greater impact. But until that happens, Quebec will bring in stricter rules, following the lead of Manitoba, which banned dishwater phosphates in June, the minister said. Quebec will also pledge an additional C$90 million in funding over 10 years to help farmers adopt practices that are less polluting.

From a Montreal Gazette report on this: Environmentalists argue that phosphates in dishwashing detergents are one of the sources for blue-green algae growth. Liquid fertilizer from agricultural lands has also been linked to the algae's overgrowth. In addition, two million trees will be planted over the next two years along lake and river banks to stop erosion caused by deforestation, another culprit. 'We're going to regulate to eliminate phosphates,' Premier Jean Charest told a news conference.

CBC News - University of Prince Edward Island aims to be carbon neutral (25 September 2007) The University of Prince Edward Island (UPEI) has set up a new program to give students, faculty, and staff a chance to offset the greenhouse gas emissions they create getting to and from school. The university's sustainability office will calculate the level of emissions people create, and recommend a donation to offset those emissions. The dollar amounts are expected to be reasonable. Any donations will go to the Macphail Woods Ecological Forestry Project. UPEI's long-term goal is to create a carbon-neutral campus. In addition to the offset program, it has started maintaining its own fleet of bicycles for student use.

The Victoria Times Colonist - Harbour Air buying credits to go carbon neutral (26 September 2007) Harbour Air Ltd in British Columbia has charted a historical course with plans to become the first airline in North America—and only the second worldwide—to be completely carbon neutral by the end of the year. It will include everything about the operation, from fuel to electricity use at various terminals. The Richmond-based seaplane operator announced it will purchase carbon offsets from a Vancouver non-profit society which will re-invest the money into green energy projects within Harbour Air's operating area. Harbour Air currently operates 32 aircraft and is considered the largest seaplane fleet in the world. The company employs more than 300 people in operations up and down the B.C. coast. Harbour Air says it will be the first air carrier of any type on the continent to go completely carbon neutral in all operations and the only seaplane fleet in the world to do so.

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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Copyright © 2007 Global Good News(sm) Service

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