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1 July 2008

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

7 June 2008

CBC News - Canada, Colombia reach free-trade agreement (7 June 2008) Canada has reached a free-trade agreement with Colombia that Ottawa says will improve market access for both nations' agricultural products, as well as industrial goods and services. The two countries also struck agreements committing both to pursue high levels of environmental protection and labour standards. The agreement follows a similar one Canada struck with Peru a week ago. The two free-trade agreements will fulfil Canada's promise to be a stronger economic and social partner in Latin America, foreign affairs and international trade minister David Emerson said.

Reuters Canada on stocks end sharply higher Thursday (5 June 2008) The TSX composite index closed up 292.45 points, or 2%, at 14,982.91 on Thursday, with all but one of its 10 main sectors pointing up.

From a Bloomberg News report on this: The TSX rose the most since 25 March on Thursday and is up 8.3 per cent this year.

Bloomberg News on Canadian stocks have weekly gain (6 June 2008) The TSX Composite Index closed at 14,969.55 on Friday, for a weekly gain of 254.82 points or 1.7 per cent.

The Montreal Gazette - All things considered, it was a good jobs report (7 June 2008) Behind the headlines of Friday's jobs report—8,400 jobs created in May, with unemployment holding at 6.1 per cent (not much above the recent 33-year low of 5.8 per cent)—there were some important developments. Canada's manufacturing industry could be showing signs of stabilizing after several years of shrinkage. In Ontario, manufacturing managed to show a gain of 15,300 jobs, while Quebec produced 13,700 new factory jobs.

From a Toronto Star report on this: A surge in manufacturing jobs helped Canadian employment rise by 8,400 overall in May. Ontario's industrial job growth in May was 'broadly based' among companies outside the auto sector.

From a Canadian Economic Press report on this: The labour force edged up by 21,800, holding the participation rate at its record high of 68%. Quebec was the big gainer in May, with 17,900 jobs added. The Ontario economy churned out an additional 11,200 jobs in the month. It is important not to lose sight of the big picture, HSBC Canada market strategist Stewart Hall said. 'Over the last 12 months, the Canadian economy has been a veritable jobs juggernaut, producing nearly 340,000 jobs, and that's something.' The report also showed that the average hourly wage in Canada rose 4.8% year-over-year in May (compared with 4.3 per cent in April). The rate of increase has exceeded 4% in every month since September 2007.

From a Globe and Mail report on this: The recent string of strong wage increases holds out hope that consumer spending will remain a driver of the Canadian economy, said Doug Porter, deputy chief economist at BMO Nesbitt Burns.

From a Bloomberg News report on this: Some industries remain buoyant. Construction, benefiting from sustained demand for new homes and an energy boom, added 7,400 workers for a total of 101,200 new jobs in the past year.

The Toronto Star - Ultra-green homes come to market (7 June 2008) Canada's first subdivision houses built to the highest green home rating in North America came to market in Newmarket, Ontario with the opening of the Rodeo Fine Homes sales office. The homes will be constructed to LEED (Leadership in Energy and Environmental Design) Platinum status, which requires builders to meet an extensive list of criteria. The project strives to reduce household water draw by 25 per cent and reduce water discharge, solid waste, greenhouse gas production, and energy consumption by 60 per cent over conventionally built homes. Locally sourced and natural materials will be used to build the houses.

The Toronto Star - Markham buys more local food (5 June 2008) Claiming it's the first Canadian municipality to take such steps, Markham, Ontario has established a partnership with Local Foods Plus, a non-profit organization that certifies farmers and processors and links them with local buyers. Any future municipal contracts will adhere to the city's target of having at least 10 per cent of its food sourced from Ontario farmers, increasing by 5 per cent a year. The Markham city council approved the move unanimously.

Canwest News Service - Cape Breton studies huge geothermal project (7 June 2008) Unused mines in the former coal mining capital of Canada could become a source of clean, renewable energy in one of the largest geothermal projects ever contemplated. Cape Breton, Nova Scotia sits on top of 3,200 kilometres of unused underground coal mines. Since the last coal mine shut down in 2000, the mines have been allowed to flood with water—which is being warmed by the heat of the earth. The Cape Breton Development Corporation and Cape Breton University are now looking at ways of tapping into that warm mine water by using heat-capturing technology. 'Almost every home and business in the area sits over these old workings,' said Gerard Shaw, manager of corporate legacy for the Cape Breton Development Corporation. That makes the potential for using geothermal energy enormous in Cape Breton. Warm water will be pumped out of the mines, circulated through heat exchangers, then returned to the mines to be re-warmed. There is no shortage of water in the shafts. Research by Nova Scotia Power and Dalhousie University is also underway on methods of converting geothermal energy into electricity.

The Canadian Press - Sable Island to receive $5 million, become National Wildlife Area (6 June 2008) Sable Island, off Nova Scotia, will continue to receive federal support for the next five years to maintain a weather station and scientific research projects. The C$5 million investment, which includes a commitment to make the island a National Wildlife Area, was made by federal Environment Minister John Baird after he met with his Atlantic counterparts. Baird said the island's sand dunes, grassy fields, heath, and freshwater ponds must be preserved.

From a CBC News report on this: Sable Island is home to more than 300 free-roaming wild horses protected by law from human interference. The island also provides a home for a number of rare and threatened bird species. It's the only breeding ground of the Ipswich sparrow, a species of special concern, and is also home to small breeding numbers of the endangered roseate tern.

The Canadian Press on Atlantic provinces and Ottawa sign environment deal (7 June 2008) The federal government and the Atlantic provinces signed an agreement pledging to co-operate on environmental issues. The memorandum of understanding creates a steering committee of senior officials from all five governments to collaborate on environmental issues. Nova Scotia Environment Minister Mark Parent said the government is aiming to make the province one of the cleanest and most sustainable environments in the world by 2020. 'Co-operating with our Atlantic and federal partners will help bring us closer to that goal,' he said. Prince Edward Island Environment Minister George Webster said the collaborative approach will produce results.

The Globe and Mail on harnessing brainpower (7 June 2008) The company started by Mike Lazaridis, billionaire co-inventor of the BlackBerry—Research in Motion (RIM)—is the most valuable enterprise in Canada. It's worth nearly C$75 billion— around eight times more than all of General Motors. Over the next two years, RIM will hire as many people as GM is laying off just a few miles away. His brainchild, the Perimeter Institute for Theoretical Physics in Waterloo, has no research labs, no fancy machines, nothing that looks the least futuristic. Just sun-filled offices and floor-to-ceiling blackboards to scribble equations on. Even the restaurant (called The Black Hole) has a blackboard. It's about 50 feet long. One of Mr Lazaridis's main concerns is how to harness brainpower in a way that will eventually benefit all mankind. Mr Lazaridis is so passionate about the next great transformation that he and his wife, Ophelia, have donated C$200 million towards accelerating new breakthroughs.

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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