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Good news report from Canada

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8 May 2008

21 April was the 21st day of the tenth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

21 April 2008

The Canadian Press on TSX jumps (21 April 2008) The Toronto stock market finished higher for a sixth session Monday with all but two of its 10 main sectors higher. The TSX composite index was up 84.1 points or 0.6 per cent to 14,321.16 after running ahead four per cent last week. The showing leaves the TSX about 300 points away from the all-time high the key index hit in July, 2007—just before the financial crisis started to bite.

From Reuters Canada reports on this: The index has rallied more than 7 per cent since the start of the month, helped by optimism that the worst of the credit crunch has passed.

The Canadian Press on Canada's top credit rating confirmed (21 April 2008) DBRS has confirmed the federal government's AAA credit rating, the best available. The report notes Canada's credit profile 'has continued to strengthen as a direct consequence of prudent fiscal management and strong tax revenue growth, reflecting the country's solid economic performance in recent years.' As a result, the federal government's unmatured debt currently stands at 25 per cent of GDP, down by 3.5 percentage points from last year and 28 points from a decade ago. 'Canada's credit profile is expected to remain outstanding over the medium term,' DBRS added.

The Toronto Star - Miller declares China mission 'an eye-opener' (20 April 2008) Toronto Mayor David Miller wound up his trade mission to China. The mayor said he was confident that a series of letters of agreement between private businesses and government-to-government between Toronto and Chongqing, the world's fastest growing city, would lead to cross-country investment and job creation. A Chongqing mission will be visiting Toronto next month. Miller said he was overwhelmed by the generosity and warm welcome his mission received.

Canwest News Service - Sheik funds chair in Islamic studies at McMaster (21 April 2008) A chair in Global Islam has been set up at McMaster University, thanks to a C$1 million gift from one of the rulers of the United Arab Emirates, Sheikh Dr Sultan Bin Mohammed Al-Qasimi of Sharjah. 'This investment . . . will allow us to attract a leading scholar to teach, direct scholarship, and contribute significantly to the body of knowledge on Islam in the modern world,' said Peter George, president of McMaster University. The Sheik said in a statement, 'Understanding the religions and cultures of the peoples of the world enhances the prospects of global peace and prosperity.'

The Toronto Star - Sun rises on Ontario solar farm industry (21 April 2008) Joint venture partners SkyPower of Toronto and Baltimore-based SunEdison say construction will begin this week on their First Light solar park about 30 kilometres east of Kingston. The finished park, spreading across 300 acres (121 hectares) of land and made up of more than 200,000 sunshine-catching solar panels, will provide enough power over a year to supply 2,000 homes. They expect the 19-megawatt project to finish in late 2009, though the first 9 megawatts will likely be in place by the end of this year. Six more projects from the joint venture are planned across southern Ontario, roughly equivalent to blanketing the entire downtown core of Toronto with solar panels.

The companies are following through on 20-year contracts under which the province pays 42 cents for every kilowatt-hour of electricity produced from a solar system, or roughly seven times the going rate for electricity from the grid. The provincial power authority has so far struck contracts for 407 megawatts of solar since the programme was launched in 2006. Under programme rules, no individual contract can exceed 10 megawatts. It's for this reason First Light has been broken into two phases. Brian Robertson, president of SunEdison, said the park is by far the largest in North America under construction, though he admits the bar is rising fast. That's likely to happen next month, when OptiSolar Farms Canada begins building its enormous 60-megawatt 'Sarnia Solar' park, which will be broken into six phases. Vice-president Peter Carrie said the first 10-megawatt phase is expected to be complete by year's end. 'We'll build out the balance in 2009.' OptiSolar has a total of 21 multi-megawatt solar projects on the drawing board and approved by the power authority. 'This is the year the rubber hits the road for solar in Ontario,' said Carrie. Within the next few years, more than 400 megawatts of solar projects could be built in Ontario that would give Ontario one of the highest concentrations of solar power generation in the world.

The Canadian Press - Pending ban on cigarette displays about 'saving lives' despite uproar: Premier (20 April 2008) Ontario will soon usher in a ban on cigarette displays in stores, which the government says is necessary to save lives. While half of Ontario's 10,000 convenience stores say they won't be ready by the province's 31 May deadline, Premier Dalton McGuinty said businesses have had years to comply with new rules which he said will make smoking less of a temptation for kids. 'This is a health issue,' McGuinty said. 'Don't we have to put health first? You ask any parents—smokers and non-smokers alike—Do you want your kids to start smoking?' They'll all give you the same answer, ''Of course I don't.'' Science has demonstrated that these power walls are effective at enticing kids so we want to get beyond that.' The new ban prevents all tobacco products from being displayed in any way. Quebec's display ban also comes into effect at the end of May.

The Financial Post - The new gold rush: Energy from the air (21 April 2008) Why chase the wind? 'It's a combination, of wanting to give back to society in light of the issues that we have with respect to global warming and renewable energy,' said wind prospector Stephen Cheeseman. In the past two years, British Columbia has handed out more than 300 investigative use permits—an initial-stage evaluation permit much like an exploration permit—to about 1.3 million hectares of land. Six years ago, BC Hydro estimated the province could produce 3,000 gigawatts of wind power annually, or 5% of total yearly electricity consumption. Since then, publicly announced projects have already well exceeded that total. BC Hydro needs clean power—the province is moving to become energy self-sufficient by 2016, and all new electricity must be free of greenhouse gas.

The Globe and Mail - Natives cheer Squamish River protection (21 April 2008) The undeveloped estuary of the Squamish River, around 50 kilometres north of Vancouver, has been granted limited protection in an agreement between the local native community, the District of Squamish, and the provincial government. Around 673 hectares of the estuary were designated a Wildlife Management Area (WMA) at a public ceremony on Saturday by British Columbia Environment Minister Barry Penner. Home to hundreds of wetland wildlife, fish and plant species, the area will be managed for conservation by the province.

Mr Penner said he wanted the WMA agreement to be a 'key milestone' in similar wilderness area negotiations with aboriginal communities around the province. He noted the area had been earmarked for industrial development, and he paid tribute to local conservation groups who spent years lobbying for a change in designation. 'It's an important coming together of the various groups, taking the time to build relationships and trust,' former Squamish councillor Meg Fellowes told those gathered. Chief Gibby Jacob said the estuary would have its native name, Skwelwil'em, reinstated on signs on the estuary trails. 'Putting that name back on the land again is pretty important. Naming and recognition, for us, is a pretty important historical tie,' he said. Saturday's celebration included a Squamish Nation honour guard, musicians, and dancers.

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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