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Good news report from Canada

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4 December 2007

20 November was the 20th day of the fifth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

20 November 2007

Reuters Canada on inflation falls more than expected (20 November 2007) Canada's annual core inflation dipped below the Bank of Canada's 2 per cent target in October for the first time in 16 months, Statistics Canada said. The core rate, which excludes volatile items like gasoline and food, slowed to 1.8 per cent from 2.0 per cent in September, its lowest since June 2006. Overall annual inflation also unexpectedly eased to 2.4 per cent from 2.5 per cent in September. 'Clearly inflation has not been the beast that the Bank of Canada had thought it would be,' said Eric Lascelles, strategist at TD Securities in Toronto. The Bank of Canada had projected on October 18 that core inflation would not drop to 2 per cent until the second half of 2008. Analysts had expected inflation to ease in October because the soaring Canadian dollar reduces the price of imported goods. However, both measures of the consumer price index were even more benign than expected. 'Goods prices were weaker in all categories, so it's evident that at least some of it was due to the strength in the currency and price discounting as a result,' said Mark Chandler, fixed-income strategist at RBC Capital.

From a Globe and Mail report on this: Prices for fresh vegetables tumbled 14.6 per cent in October - the largest annual drop in 11 years. Computer equipment and supplies costs fell 13.8 per cent.

From a Canadian Press report on this: The core index is regarded as a more accurate measure of underlying inflationary pressure in the economy.

The Canadian Press - Day trips to U.S. hit 6-year high (20 November 2007) Statistics Canada reports that Canadians made about 2.1 million same-day car trips south of the border in September, a 4 per cent increase from August. It was the seventh straight monthly gain and the highest level since August 2001. All forms of travel to the United States were up - overnight car travel increased 4.2 per cent to 930,000 in September, the largest number recorded since December 1993. Canadians made 507,000 overnight trips to the United States by plane, up 1.5 per cent, and the first time that overnight plane travel to the United States topped the half-million mark. Meanwhile, Americans made an estimated 1,142,000 overnight trips to Canada in September, up 2.4 per cent from August. The total number of overseas travellers to Canada increased to 386,000 in September, up 0.4 per cent from August. Among the top overseas markets for Canada, India showed the largest increase of 8.1 per cent. Outward bound, Canadians took 617,000 trips to non-US destinations, up 1.5 per cent from August, another record high.

Reuters Canada - Alberta lifts budget surplus forecast by C$1.5 billion (20 November 2007) Alberta expects its budget surplus to hit C$4 billion this year, a C$1.5 billion jump from its last forecast. It now expects revenues for the 2007-08 fiscal year of C$37.5 billion, 6 per cent (C$2.2 billion) above its April budget estimate and 4 per cent above its August outlook. The province will commit C$1.7 billion to savings, including C$1.3 billion to the Alberta Heritage Savings Trust Fund.

From a Canadian Press report on this: Alberta's projected budget surplus has nearly doubled to C$4 billion, mostly the result of higher tax revenues from the province's booming economy.

The National Post - Number of resale homes reaches record (20 November 2007) Toronto has set yet another housing record. So far in 2007, 84,994 houses have been sold, more than the 84,145 sales in 2005, the previous best year. The current average price of a home is C$393,084, a 9% increase over the same time last year. 'All of the economic conditions remain in place for a strong housing market in the Greater Toronto Area. The unemployment rate fell by approximately half a per cent last month. Statistics Canada anticipates sustained immigration throughout the next decade and 'mortgage rates remain historically low,' said Maureen O'Neill, Toronto Real Estate Board president.

From a Toronto Star report on this: The strength of the market has befuddled many economists, who had forecast that this year would be slower than the one before. 'It seems we've reached a new paradigm where low interest rates, low inflation, and a steady job market have kept this going a while longer than most people thought,' says Ted Tsiakopoulos, Ontario regional economist for the Canada Mortgage and Housing Corp.

The Globe and Mail - Building toward a greener province (20 November 2007) Dockside Green developer, Joe Van Belleghem, ticked off the reasons why green buildings sell. 'This is probably the most innovative project in North America,' he said. 'But if you look at our margins, we are as competitive as anyone else.' The C$600-million, 1,000-unit project overlooking Victoria's inner harbour has won international awards for its ecological design. And the first phase was sold out with minimal marketing. 'It just makes good economic sense,' Van Belleghem said. Consumers may pay a higher price up front for a green home, but they'll save in energy costs. A monitoring system allows Dockside Green residents to track their carbon footprint on a daily basis. The British Columbia building code amendments that builders will have to adopt next spring, fall short of the Dockside Green model, but are only the first stage of changes planned by the government. They stem from its commitment to cut one-third of B.C.'s carbon emissions by 2020, which means reducing more than 40 million tonnes of emissions. The proposed building code changes are expected to reduce greenhouse-gas emissions by 109,000 tonnes a year in 2020.

The Canadian Press - Manitoba throne speech bans trans fats in schools, phosphates in detergents (20 November 2007) The Manitoba government, in its annual throne speech, says schools will soon be forbidden from selling any foods containing trans fats in their cafeterias and vending machines. In order to protect water quality, the government is also going to ban the sale of dishwater detergents that contain phosphates. The government also promises new legislation to ensure Manitoba reduces greenhouse gas emissions to meet Kyoto targets.

From a CBC News report on this: The province vowed to make electrical generation coal-free and require methane emissions from large landfills be captured. It will also plant one million trees each year for the next five years.

CBC News - Drug use decreasing among N.B. teens: survey (20 November 2007) The 2007 Student Drug Use Survey indicates drug and alcohol use by youth in New Brunswick was down almost across the board compared to a similar study conducted in 2002. The use of cannabis, tobacco, LSD, solvents, steroids, non-medical stimulants, tranquilizers, and cocaine all decreased among teens when compared to 2002. Cigarette use decreased from 21 per cent to 12 per cent.

The Canadian Press - Ontario considers becoming first province to ban chemical found in baby bottles (20 November 2007) There is a 'compelling case' for Ontario to become the first province in Canada to ban a potentially harmful chemical found linked to adulthood cancer, Premier Dalton McGuinty said. The government is going to appoint a panel of medical experts to study toxins like bisphenol A - found in everything from baby bottles and sippy cups to the lining of food cans - with a view to introducing legislation next year. 'If their advice to us to ban, then we will ban ... There is no reason that we can't be a North American leader when it comes to reducing toxins and carcinogens,' McGuinty said. Health Canada is currently studying the risk posed by bisphenol A and expects to report back to the federal government by May. But Ontario can't afford to wait, McGuinty said. 'We need to do a better job of understanding the influence of these chemicals, toxins, and carcinogens in our environment and (on) our quality of life.'

From a Toronto Star report on this: The premier said his government will introduce a new bill this spring that will reduce and eliminate some toxic chemicals in both industrial emissions and consumer products. Rick Smith, executive director of Environmental Defence, called the proposed legislation the first of its kind in Canada. 'The commitments we received today are significant,' he 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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Copyright © 2007 Global Good News(sm) Service

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