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26 December 2007

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

7 December 2007

Bloomberg News - Canadian Stocks Gain For a Second Week (7 December 2007) The TSX Composite Index added 13.17 to 13,862.97 on Friday. The benchmark index rose 1.3 per cent in five days, building on a 1.7 per cent gain the previous week. A measure of materials stocks gained 4.4 per cent for the week.

From a Canadian Press report on this: Toronto's TSX Composite Index closed up on Friday as Canadian jobs data for November came in much better than expected, for a gain of 173.85 points on the week.

The Globe and Mail - Job machine still running hot (7 December 2007) If the economy is supposed to be slowing, employers haven't taken heed. Canadian employers added 42,600 jobs to payrolls last month, five times forecasts. The job growth sent the employment rate to a record 63.8 per cent. So far this year, employment has soared 2.3 per cent, well ahead of the 1.8-per cent gain in the same period last year. All that job creation, along with strong wage gains, still points to a remarkably robust labour market.

From a Canadian Press report on this: 'It also reflects that Canadian businesses are still confident about the future,' said BMO senior economist Sal Guatieri.

From a CanWest News Service report on this: The biggest employment growth was in British Columbia, Quebec, Saskatchewan, and New Brunswick. 'The composition of employment growth was just as healthy as the headline number would suggest,' said TD Securities economics strategist Jacqui Douglas.

From Reuters Canada reports on this: The strength was mainly due to private-sector hiring, considered a more genuine reflection of economic growth. 'This number is actually a fair bit stronger than it looks on the surface . . . ,' said Eric Lascelles, chief economics and rate strategist at TD Securities. The November report followed three straight months of stronger-than-expected employment growth. In October, the economy added nearly six times the number of jobs forecast.

From a Toronto Star report on this: Canada has now churned out an impressive 388,000 jobs year-to-date. Over the past three months alone, the economy has created the same number of jobs that it normally creates in a full year.

From another Globe and Mail report on this: According to Statistics Canada, Canada's 2.7-per-cent employment growth over the past year is the strongest since 2002.

From a Bloomberg News report on this: More jobs were added than anticipated and wage growth accelerated to match a record pace, indicating the economy is still running at full tilt. Average hourly wages rose 4.2 per cent from a year earlier, accelerating from 4.1 per cent in October—the fourth straight month above four per cent. Growth in household spending, fueled by a strong labour market, has sustained the Canadian economy's expansion.

Statistics Canada - Labour Force Survey (7 December 2007) British Columbia added an estimated 26,000 workers to its workforce in November, all in full time, pushing its employment rate to a record high of 63.9%. . . . Saskatchewan experienced employment gains for the third consecutive month, up by 5,000 in November. . . . employment in Quebec increased 19,000 in November. . . . So far in 2007, Quebec's employment rate has been trending up, reaching a new record high of 61.4% in November. Employment in New Brunswick rose by 5,000 in November. So far in 2007, employment has increased 4.2%, the fastest pace of growth among all provinces, with gains mostly in full time. This province also experienced a large increase in its employment rate, up 2.0 percentage points since the start of the year, reaching a record high of 60.0% in November.

Reuters Canada on Canadian dollar surges on strong jobs report (7 December 2007) A much stronger-than-expected domestic jobs report propelled the Canadian dollar higher to US 99.49 cents on Friday, as the economy continued to show resilience. 'The drumbeat continues for strong jobs in Canada,' said David Watt, senior currency strategist at RBC Capital Markets. '. . . most of the job gains are full time and they are all in the private sector, so you get the idea that that's a sign of an economy that's still doing quite well,' said Watt.

The Globe and Mail on Holiday spending on the rise (7 December 2007) Canadians from coast to coast are flocking to stores this holiday season. Economists say retail sales are expected to rise about 5 per cent from a year ago. It's a strong showing. Consumers, who last year spent a nine-year high of C$874 on average, are likely to keep shopping. 'Wages are rising, unemployment is low and consumers are doing well,' said Benjamin Tal, senior economist at Canadian Imperial Bank of Commerce. Albertans are expected to lead in dollars spent, said Maureen Atkinson, a senior partner at retail consultants J.C. Williams Group. Meanwhile, Moneris Solutions, Canada's largest processor of electronic payments, forecasts holiday spending will grow by 5.5 per cent.

Reuters Canada - Health studies influence 90% to make changes (7 December 2007) Health stories in the media have had a big impact in Canada where 90 per cent of people have changed their behaviour because of what they have seen or read in the media, according to new poll conducted by Angus Reid Strategies. The survey also revealed that most Canadians want to see more health and science news and would like to see longer and more in-depth coverage to a story so they can understand it better.

The Globe and Mail - Cultivating the power of the sun (3 December 2007) A growing number of Ontarions are investing in solar panels and selling the energy back to the power authority. The authority pays 42 cents a kilowatt-hour for solar-generated energy, roughly seven times what consumers pay for electricity, to help offset the cost of the panels—an incentive programme unique in Canada so far. Since the programme's launch 10 months ago, 114 solar power contracts have been approved and dozens more are in the process.

CBC News on Saskatchewan farmers honoured for anti-GMO fight (7 December 2007) Percy and Louise Schmeiser, the Saskatchewan farmers who waged a long legal battle against biotech giant Monsanto over their genetically engineered seeds, received the Right Livelihood Award during a ceremony at the Swedish parliament. The Schmeisers are being recognized 'for their courage in defending biodiversity and farmers' rights, and challenging the environmental and moral perversity of current interpretations of patent laws.'

CBC News on bi-partisan support in Nova Scotia for smoking ban in cars with kids (6 December 2007) Nova Scotia's Progressive Conservative government is backing a Liberal bill to make it illegal provincewide to light up in a vehicle carrying anyone under 18. Liberal health critic Dave Wilson, who brought the bill forward, is convinced the smoking ban will save lives. Wilson was inspired by the Nova Scotia town of Wolfville, the first Canadian municipality to ban smoking in vehicles with a child present. Wilson said he's grateful for the government support for his bill.

CBC News - Quebec unveils new green plan on eve of Bali climate talks (6 December 2007) The Quebec government announced a new series of green measures designed to further reduce greenhouse gas production. The measures include a new fund to allow municipalities to evaluate their greenhouse gas emissions and develop local plans. The Quebec delegation will show up at the Bali talks with its tweaked green plan and a unanimous motion from the provincial legislature upholding Kyoto's goals, Environment Minister Line Beauchamp 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.

For further information on creating invincibility for your nation, please visit:

Copyright © 2007 Global Good News(sm) Service

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