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4 November 2007

23 October was the 23rd day of the fourth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

23 October 2007

Bloomberg News on Canadian stocks rise for a second day (23 October 2007) Canadian stocks rose for a second day, led by Research In Motion, after the company found a partner to distribute its BlackBerry e-mail phones in China. The TSX Composite Index rose 43.89 to 14,087.49 in Toronto.

From a Canadian Press report on this: The tech sector was up 1.11 per cent, primarily because Research in Motion jumped 8.19 per cent. The TSX metals and mining sector was the lead advancer, up 2.1 per cent.

The Canadian Press - Canadian dollar up 1 1/2 cents US as consumers inflame confidence (23 October 2007) The Canadian dollar soared a cent and a half Tuesday on the strength of solid consumer activity. The loonie [popular name for the Canadian dollar] closed up 1.56 cents at 103.56 cents US after hitting a new 33 1/2-year high of 103.90. Tuesday's gain came after Statistics Canada reported retail sales rose 0.7 per cent in August to C$34.5 billion. This suggested the economy and consumer sentiment maintained strength in spite of financial market unease. 'Even in the heart of the August credit turmoil and equity market swoon, Canadian consumers kept right on going,' commented Douglas Porter of BMO Capital Markets. 'Looking ahead, consumer spending will be supported by rising wages, the strong likelihood of tax cuts, and the tantalizing probability of a windfall of lower prices thanks to the loonie's rampage.'

Bloomberg News - Flaherty Says Canadian Dollar Gains Reflect Economy's 'Great Strength' (23 October 2007) 'The Canadian dollar is showing strength, in part reflecting the great strength of the Canadian economy,' Finance Minister Jim Flaherty told legislators in Ottawa today.

The Globe and Mail - Retail sales top forecasts (23 October 2007) Retail sales bounced back in August, rising a better-than-expected 0.7 per cent. Sales totalled C$34.5 billion in the month, Statistics Canada said. Among sectors, furniture and electronics are seeing the biggest annual gains, a reflection of the strong housing market.

From a Reuters Canada report on this: In constant dollars, overall sales grew by an even stronger 1.4 per cent. Economists said there seemed to be little impact from the credit crunch that emerged in mid August.

From a Canadian Press report on this: Statistics Canada reports that sales in all eight retail trade sectors were up, with new car dealers leading the way at a three per cent increase. Five sectors had increases above one per cent.

From a CanWest News Service report on this: 'Going forward, there are a number of factors which suggest that the consumer will remain a very real source of support for the Canadian economy. Job growth remains strong, and income gains continue to support consumption,' said Charmaine Buskas, senior economics strategist at TD Securities. 'The massive appreciation in the Canadian dollar will also increasingly act as a source of demand for consumer goods in Canada, especially if retailers do lower prices as some large retailers have promised,' Buskas said. 'Moreover, there is a lingering wealth effect from the strength in the housing market which will also underpin strong consumer spending in the months ahead.'

The Globe and Mail - Doing the right thing - a bottom-line issue (23 October 2007) An increasing number of Canadian businesses include environmental, health, social, and ethical concerns in their risk-management agendas, and more Canadian companies are setting up social-responsibility departments. Twenty years ago corporate performance was measured primarily by financial data, says Cathy Cobie, co-leader of the Canadian assurance and advisory services group at the Toronto office of accounting firm Ernst & Young. But increasingly, companies' ethical and environmental performances are scrutinized by financial analysts, investors, employees, and other stakeholders whose views can affect profits and share prices, says Ms. Cobie. With environmental issues at the top of the public agenda, many Canadian companies now report publicly on their environmental activities, recognizing that news about progress, or lack thereof, on such a hot-button issue can have a significant impact on corporate performance. The proof, Ms. Cobie says, can be found in the results of a survey earlier this year by Goldman Sachs, which found that large ethical companies outperformed the MSCI World Index by an average of 25 per cent.

The Globe and Mail - Where the boys aren't (22 October 2007) Jim Christopher, executive director of the Canadian Association of Independent Schools, says the demand for all-female education is strong across the country. 'Girls schools have been flourishing in the last generation or 25 years, in a way I think 25 years ago no one would have imagined,' agrees Ruth Ann Penny, director of admissions at Branksome Hall. 'We measure that by interest in enrolment, which has never flagged. It continues to grow and grow,' she says. Ms. Penny says the appeal in all-female learning has progressed, from being a trend to a conscious choice. She attributes the change to the accumulated body of research in all-female student learning. Toronto alone is home to four all-female private schools, all with a sizable day-school population and three offering boarding. Bishop Strachan School is the oldest girls' school in Toronto and now home to 900 students. In 1990, the school's boarding program had a population that was 52 per cent Canadian. Today that number is around 4 per cent, and the program is filled with students from 22 countries around the globe.

The Globe and Mail - The boys are all right (22 October 2007) The all-boys concept of learning is undergoing a renaissance of sorts in Canada. Boasting lower dropout rates and a higher rate of graduates moving on to university compared with public schools, there's a move now in boys' schools toward recruiting students from more varied economic and cultural backgrounds. '... our boys' schools have been very strong in the last 15 years or so,' says James Christopher, executive director of the Toronto-based Canadian Association of Independent Schools. This isn't just owing to the premise that males perform better academically when not distracted by girls. Research in recent years that has included assessing brain function suggests that boys and girls learn differently, notes the U.S.-based International Boys' School Coalition, founded in 1995 with the help of Canadian schools such as Upper Canada College in Toronto.

The Victoria Times Colonist - Maa-Nulth members endorse treaty (22 October 2007) Members of the Maa-Nulth First Nations, located on the west side of Vancouver Island, overwhelmingly endorsed a treaty this week with the federal and provincial governments that would see a capital transfer of C$73.1 million, annual resource royalty payments for use of Crown lands averaging C$1.2 million for 25 years, and a land transfer of almost 25,000 hectares. With lump-sum payments, C$9.5 million in annual program funding, C$11.1 million for special projects, and the rising value of west coast land, the treaty is estimated to be worth up to C$500 million. Four of the five Maa-Nulth First Nations—Toquaht, Uchucklesaht, Ucluelet, and Ka:'yu:'k't'h'/Che:k:tles7et'h', with a total of 873 eligible voters—voted on the agreement last week. The Huu-ay-aht First Nations resoundingly endorsed the agreement in July. 'I think in five to 10 years, a lot of our members are going to own their own businesses. . . . They're going to own their own homes and they're going to own their own property . . . and they'll be able to generate wealth for themselves,' said Charlie Coots, chief councillor of the Uchucklesaht Tribe, from the Henderson Lake/Port Alberni area. 'The fact that they will obtain constitutional status is quite significant, and these bands will become First Nations governments with some sovereign powers, where they will have something far more than a local municipality will have,' said Michael Prince, professor of social policy at the University of Victoria.

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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