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Good news report from Canada

Global Country of World Peace    Translate This Article
15 June 2008

26 May 2008 was the 26th day of the eleventh month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

26 May 2008

The Canadian Economic Press - Banner Year for Canadian Retailers in 2007 (26 May 2008) Canadians went shopping en masse in 2007, spending more than C$412 billion at the nation's retailers, an increase of 5.8% from the year before, Statistics Canada reported. Retail sales in Saskatchewan surged 13% to almost C$13 billion, the fastest rate of growth among the provinces. At the national level, three of the 18 retail trade groups posted double-digit growth rates in 2007, including home furnishings stores and home electronics and appliance stores. For the first time, employment in the retail trade industry reached parity with employment in manufacturing, the report showed.

From the Statistics Canada report: Canadian retailers on the whole had a banner year in 2007, as the annual rate of growth in their sales was the second highest in five years.

The Financial Post - Canadian stock market rally riding on solid fundamentals (24 May 2008) Recent gains for the TSX composite index that saw it breach the 15,000 mark for the first time has investors wondering whether the strength is here to stay. Since its most recent intra-day low on 23 January, Canada's benchmark index has staged an impressive rebound of nearly 3,000 points. Dundee Securities strategist Martin Roberge thinks the recent price breakout is sustainable. In terms of an extension of the equity bull market in Canada, when compared to previous breakout attempts, the TSX today is cheaper, net earnings revisions are positive, monetary reflation forces are stronger and there is more cash on the sidelines, Mr Roberge noted.

Canwest News Service - Alberta boom spreads as far as East Coast (26 May 2008) Alberta's red-hot economy is fuelling demand for residential real estate in Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland and Labrador this year, according to a real estate giant Re/Max. 'Strong economic performance in Western Canada continues to spill over into other parts of the country,' says Michael Polzler, executive vice-president for Re/Max Ontario-Atlantic Canada. 'A serious influx of Western Canadian purchasers has bolstered housing sales in every Atlantic province. 'Tremendous job opportunities available in Alberta that allow commuting to and from the East Coast have served to further strengthen home-buying activity in the region,' he said. 'Last, but certainly not least, after living in Western Canada for many years, more and more Maritimers are returning home.' The vast majority of housing markets surveyed in Atlantic Canada saw a rebound in sales in April, led by a 27% surge in Newfoundland and Labrador, followed by an 18% increase in Saint John, New Brunswick. 'The upswing in average price has been a boon to existing homeowners across the region,' said Polzler.

The Toronto Star - Putting the brakes on wildlife deaths (24 May 2008) In the Toronto region, where development is pushing out animal habitat, there's one more factor that's proving catastrophic to certain species: road kill. Led by the Toronto Zoo and the 15-member Ontario Road Ecology Group, scientists, and conservationists are now trying to stem the damage. The relatively new science of road ecology, which has taken hold in Europe and western Canada, is gaining ground here. Ontario is stepping up animal protections along highways with more road signs, deer reflectors and extra-high fencing. The Ministry of Transportation also says it will build at least one wildlife overpass for mammals across the Highway 69 expansion between Sudbury and Parry Sound. It will be similar to 10 such structures that have been built over the Trans-Canada Highway in Banff National Park. Last month, the zoo hosted a road ecology conference of about 120 transportation planners, conservationists, and scientists—people who seldom end up in the same room. The largest contingent of delegates was from the Ontario Ministry of Transportation. It's a hopeful sign, says the zoo's curator of conservation programmes, Dave Ireland.

The Toronto Star - Tiny Bullfrog Power making a mark (26 May 2008) Bullfrog Power, the Ontario purveyor of 'green' electricity, in less than three years has made itself synonymous with renewable power. The company handles a minuscule fraction of the electricity generated in the province. Yet, it's de rigueur for those who wish to be on the side of the environmental angels to announce they're 'bullfrog powered'. Among recent high-profile clients: the Nelly Furtado Earth Hour concert, three York Region civic buildings, and condo builder TAS DesignBuild. 'I do see it as remarkable. It never would have happened five or six years ago,' Rob Wilson, a marketing professor at Ryerson University, said of the company's success. Bullfrog buys power in bulk and resells it, with the energy going into the grid, not directly to customers' homes. But unlike other resellers, all its electricity comes from wind-powered or small hydro generating stations. Homeowners pay 8.9 cents per kilowatt-hour. Most of us pay no more than 5.9 cents, the current standard price. To encourage renewable sources of electricity, the province generally pays green energy providers 11 cents a kilowatt-hour. To compete, Bullfrog must match or exceed that price. 'We're prepared to pay generators more than the market rate, which allows them to increase their return on capital and get into projects that otherwise might not be economic,' said Bullfrog president Tom Heintzman.

The Canadian Press - Irving Oil gets approval for two-year study of tidal power generation (26 May 2008) The owners of Saint John-based Irving Oil have been given approval by the provincial government for a study in New Brunswick to harness the world's highest tides as a source of power for generating electricity. Irving Oil will partner with Huntsman Marine Science Centre of St. Andrews, NB, to research 11 potential sites on the Bay of Fundy. The bay is surrounded by Nova Scotia on the east and New Brunswick on the west. Feasibility studies have indicated that tides could be harnessed to produce about 90 megawatts on the New Brunswick side of the bay, and even more on the Nova Scotia side. The announcement comes as interest in alternatives to petroleum soars along with the price of crude oil and concern about the environmental impact of fossil fuels. 'This announcement gives us the platform we need to investigate an energy stream based on a renewable resource that will not only meet the standards of sustainability, but will also provide leadership in the development of ocean energy technology in Canada,' said Bill Robertson, executive director of Huntsman Marine Science Centre. The fact that Huntsman Marine Science is involved in the study was encouraging for an environmental group in the province. 'Huntsman has significant expertise in this,' said David Coon of the Conservation Council of New Brunswick. 'Huntman's reputation is stellar.'

From a Globe and Mail report on this: Irving Oil Ltd., the energy arm of the Irving family's East Coast conglomerate, is looking at producing electricity from the powerful tides in the Bay of Fundy as a way to diversify into renewable energy. Experts say tidal power offers huge potential because it is more predictable than solar or wind power, and because the density of water spins turbines with greater force than wind. And the Bay of Fundy is especially attractive because it has the highest tides in the world, and is close to an electricity transmission grid, meaning the power should be able to be brought economically to market. Nova Scotia in January approved commercial pilot projects in the Minas Basin. A 2007 report by the Electric Power Research Institute in Palo Alto, California, USA identified seven sites in North America that might be suitable for tidal power, estimating that in total they could probably support 551 turbines, each producing one megawatt of power. Of that total, 250 would be in the Minas Pass in Nova Scotia and 66 at Head Harbour in New Brunswick (one of the sites the Irving team will now assess). 'I think they've been quite conservative,' said John Woods, vice-president of energy development for Minas Basin Pulp and Power. He said the power of turbines is increasing, with Clean Current Power developing turbines producing more than two megawatts.

From a Reuters Canada report on this: One hundred billion metric tonnes of seawater flows in and out of the Bay of Fundy during a single tide cycle, more than the combined flow of all the world's freshwater rivers.

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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