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Good news report from Canada

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2 April 2008

4 February was the 4th day of the eighth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

4 February 2008

The Globe and Mail - New natural health product rules to allow cancer prevention claims (4 February 2008) Companies that sell natural health products will soon have unprecedented freedom to promote the ability of vitamins, herbal supplements, and non-prescription drugs to prevent serious diseases and medical conditions, including cancer, heart disease, and arthritis. The changes to the federal rules, which take effect 1 June, represent a significant boost for the natural health industry, which is eager to directly market their health claims to consumers in the booming market for vitamins and botanical supplements. The new rules are set to reflect a growing demand for information about the possible benefits of herbal remedies. 'Consumers want to understand the products that they're purchasing and what the benefits of those products are,' said Penelope Marrett, president of the Canadian Health Food Association. Consumers want to know, for instance, that vitamin D may reduce the risk of cancer, said Supriya Sharma, director-general of Health Canada's therapeutics products directorate.

CTV News - Housing market to slow but stay strong in 2008: CMHC (4 February 2008) Canada's housing market is expected to remain strong in 2008. In 2008, residential construction is predicted to decline to about 211,700 units, from 228,343 units in 2007, says a report by the Canada Mortgage and Housing Corporation (CMHC). However, Bob Dugan, chief economist for CMHC, said that the outlook is still very solid. 'We're at very, very high levels historically,' Dugan told CTV. 'We're above 200,000 units now for a seventh consecutive year—that hasn't happened since the early 1970s.' In Saskatchewan, the province is expected to build on its strong housing demand in 2008. Manitoba is also predicted to have strong levels of new home construction this year. Meanwhile, sales of existing homes are also expected to drop by 3.9 per cent in 2008—to 499,650 units. 'That's still going to be the second best year ever recorded for existing home sales,' said Dugan.

From a Reuters Canada report on this: '. . . Canada continues to experience robust employment levels, ongoing income gains and low mortgage rates,' said Bob Dugan. 'This has strongly supported Canada's housing markets.' Nationally, growth in home resale prices is expected to average 5.2 per cent in 2008.

From a Canada Mortgage and Housing release on their report: It is anticipated that a continuing tight labour market, robust income growth, and high levels of consumer confidence will help to offset the dampening effect of rising mortgage carrying costs on the demand for new and existing homes in British Columbia. The Ontario economy is expected to improve slightly during 2008 and this will help sustain housing demand across the province. Housing starts are expected to move up from 68,123 units in 2007 to 69,150 units in 2008.

The Toronto Star - Solid year likely in 2008, even if records don't fall (2 February 2008) The new housing market in Toronto in 2007 was the second-best year on record. So, what lies in store for 2008? There are certainly many positives, including momentum, low interest rates, low unemployment, and Canada's responsible mortgage lending practices. In addition, the GST (goods and services tax) dropped to 5 per cent, effective 1 January. This amounts to thousands of dollars on a new home purchase, not to mention the full GST new housing rebate on homes priced below C$350,000.

The Canadian Press - Canada's technology sector facing major skills shortage, web job postings soar (3 February 2008) There are still lots of jobs available in technology, services and skilled trades. At Workopolis, the country's largest online job search operator, postings for qualified computer software programmers and hardware technicians have soared more than 300 per cent over the last year, and applicants are hard to come by.

The Financial Post - Scotia launches climate change fund (4 February 2008) Scotia Securities launched a global climate change mutual fund it bills as the 'first of its kind in Canada'. Canadian investors have long been able to buy into ethical or 'green' mutual funds that focus on environmentally or socially conscious companies. Scotia says this fund is different because it will specifically invest in companies 'adopting technical and environmental practices that mitigate and address the implications of climate change'.

The Canadian Press - Some culinary schools going green, encouraging students to cook local (4 February 2008) Students in some North American culinary schools are getting their hands dirty at local farms or learning to work in 'green' kitchens. 'Farm to table is not a passing trend in the culinary world. It is a lasting cultural shift,' says Joan Brett, founder of the Culinary School of the Rockies in Boulder, Colo. Michael Olson, program co-ordinator and professor at the Niagara Culinary Institute at Niagara College in Welland, Ont., says a revamped curriculum has farmers, producers, and local chefs invited to address students. Julian Bond, executive chef of the Pacific Institute of Culinary Arts in Vancouver, says that more and more West Coast restaurants are moving to become green and sustainable, using as much as possible locally grown fruits, vegetables, and other ingredients. This means that graduates of culinary schools may soon be working in these establishments and will be expected to have knowledge of what it means to buy and cook local. 'We take field trips to farms, we go to a co-op of organic growers and we encourage our students to purchase local and to buy at the farm gate as much as possible,' Bond says.

The Canadian Press on poll finds Nano car from India would be a hit in Canada (2 February 2008) Canadians have already fallen in love with the idea of the Tata Nano from India, the world's least expensive car. The Tata Nano's expected US$2,500 price tag is drawing plenty of attention. The Canadian Press Harris/Decima survey conducted in late January suggests the Nano would be a hit in Canada if Tata Motors decides to export the car. More than one in three respondents (36 per cent) said that someone in their household was either certain or likely to buy one if they could. The most likely to say they were open to purchasing the Nano were young Canadians in the 18-34 age group who reported household incomes under C$60,000 a year. There was almost no difference in appeal between men and women. The car gets more than 20 kilometres per litre of gas and is viewed as relatively environmentally friendly compared to other automobiles.

The Financial Post - A stake in India's new economy (4 February 2008) Ravi Gupta is vice-president of Powercast Manufacturing based in Quebec, which has opened a plant near India's capital. Mr Gupta, like many of the 900,000 or so Indo-Canadians, closely follows India's staggering economic progress. 'Canada has a very strong and vibrant Indo-Canadian community. There is a very positive link between diaspora communities and increased business relationships between the countries involved,' says Kenny Zhang, a senior research analyst at the Asia Pacific Foundation of Canada.

India's GDP grew by 8.9% during the most recent quarter. Furthermore, Indian government officials in December expressed confidence that the country can maintain that pace. The strong Indian growth has rubbed off on Canadian companies whose exports there have been rising in the double digits in the past several years, to C$1.7 billion in 2007. 'But India's economy is now becoming so strong that it is lifting all boats,' says Maneesh Nanda, a Canadian consultant who specializes in India-Canada issues. Mr Gupta is also dazzled by the opportunities in India. 'We are sitting here in what will probably be one day the world's largest economy . . . .'

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 © 2008 Global Good News(sm) Service

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