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Good news report from Canada

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5 August 2008

18 July was 18th day of the first month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

18 July 2008

The Globe and Mail - Premiers agree on strategy for energy conservation (18 July 2008) At the conclusion of the two-day Council of the Federation annual meeting Friday, provincial and territorial leaders announced they were committed to achieving a 20 per cent increase in energy efficiency by 2020. The objective is similar to standards adopted by the European Community. Among the measures to achieve the energy-conservation goal, the premiers are calling for improved energy efficiency as a core objective in the National Building Code.

From a Canadian Press report on this: The plan includes measures such as adopting green policies for any new government-funded construction. During last year's Council of the Federation meeting, the premiers also committed to an increase of 25 per cent of renewable energies by 2020, Quebec Premier Jean Charest said. 'We're well on our way to accomplishing that,' he said.

From a CBC News report on this: Nova Scotia will host a meeting of energy and environment ministers in September on this. 'The kilowatt hour not used does not cost any money,' Nova Scotia Premier Rodney MacDonald said.

From a Canwest News Service report on this: Canada's provincial premiers and territorial leaders found common ground in a strategy to improve energy efficiency. Quebec Premier Jean Charest said the provinces will share their best practices to improve energy efficiency in homes, buildings, and energy-using products. They also committed to enhancing minimum requirements for energy efficiency in new buildings by 25 per cent by 2011.

The Canadian Press - Wholesale trade up in six of seven sectors (18 July 2008) A new report says the value and volume of wholesale trade rose 1.6 per cent to C$44.2 billion in May, the biggest monthly increase since January. Statistics Canada reported that six of seven wholesale sectors reported higher sales values. The trend in current dollar wholesale trade has been slightly upwards since this February.

From a Canadian Economic Press report on this: May's larger-than-expected increase marks the fourth gain in the last five months. StatsCan also revised April's wholesale trade increase to up 1.5% from the previously reported 1.4%.

From a Bloomberg News report on this: The gain in May, which was the third straight monthly improvement in sales, confirms the central bank's assessment that the domestic economy is holding up.

The Canadian Press - New indicators back Bank of Canada's positive upbeat economic news (18 July 2008) Two new indicators released Friday appeared to wash away some of the doom and gloom about the Canadian economy. Canadian wholesale sales tripled economists' projections in May. Meanwhile, June's composite leading index came in unchanged, while showing two key pillars of the economy—consumer spending and average hourly earnings—continuing to grow strongly. They suggest that Bank of Canada governor Mark Carney was more than just trying to talk up the economy Thursday. Carney discounted concerns about the Canadian economy suffering a recession, describing the first quarter 0.3 per cent stumble as a statistical anomaly that won't be repeated. Onward and upward, Carney told reporters, with the economy advancing at ever increasing rates quarter to quarter until it tops three per cent in a year's time. The numbers Carney put out were solid, said Bank of Montreal deputy chief economist Doug Porter. 'If we're sitting a year from now where the bank says we'll be sitting, I would be very happy,' said Dale Orr of Global Insight Canada.

Bloomberg News - Canada's dollar gains for a second week on bank comments, economic reports (18 July 2008) Canada's dollar strengthened for a second week after the central bank cited improved trade and reports on manufacturing shipments and wholesale sales exceeded forecasts. One Canadian dollar bought 99.43 US cents at Friday's close. The Canadian currency has gained 1.5 per cent this month compared to the US dollar. 'Shipments and wholesale trade helped. It is showing remarkable resistance to the headwinds it's been facing,' said David Watt, a senior currency strategist at RBC Capital Markets. 'We got a relatively upbeat assessment from the Bank of Canada's governor yesterday,' said Don Drummond, chief economist at Toronto-Dominion Bank. 'He held with the argument that the Canadian economy is in pretty strong shape and gave a strong indication he doesn't intend to cut interest rates.''

The Canadian Economic Press - Canadian household finances healthy, BMO economist says (18 July 2008) Canadian household finances are healthy, a Canadian economist says. 'Despite high debt levels, the repayment capacity of Canadian households is being supported by record high net worth, a relatively low debt-service ratio, historically high employment and a positive (albeit low) personal savings rate,' said BMO senior economist Michael Gregory. Net worth has grown more quickly than debt, he noted. 'More Canadians have jobs than ever before. . . . Furthermore, because of Canada's tight labour market, wage rates are running at multi-year highs in the mid-to-high-4% range . . . .' Canadian current loan delinquency and bankruptcy rates are at an historical low, he added.

The Toronto Star - Crime down in Toronto (18 July 2008) Greater Toronto is the safest large metropolitan area in the country, according to a report by Statistics Canada. Among urban areas with a population of 500,000 or more, Toronto residents reported fewer crimes per capita. It is the first time that Toronto has scored last place when it comes to crime in the country's biggest cities. The Statistics Canada figures show all Criminal Code offences in Toronto Census Metropolitan Area were down 11 per cent in 2007. 'People have come together and there definitely is a feeling of very positive, healthy change in the community,' said Sue Wilkinson, executive director of the Jane/Finch Community and Family Centre.

The Toronto Star - Police patrols find a 'weird' calm (18 July 2008) The whole city of Toronto, all 17 police divisions, has been relatively quiet since the start of the year. From murder to shootings, robberies to assault, violent crime is down 18 per cent, compared to the same six months in 2007, police say. Last year at this time there were 40 homicides; this year, there are 30. City-wide calls for police service have plummeted in some high-crime areas, especially in recent weeks, police say.

The Globe and Mail - Canada expanding parkland at 'extraordinary' pace (18 July 2008) The expansion of parkland by Canadian governments over the past year has been 'extraordinary' and likely represents the most significant enlargement of the country's system of nature reserves on record, says the Canadian Parks and Wilderness Society. The society, the main national lobbying group for more park creation, issued the assessment in a review it conducted of government announcements on nature reserves over the one-year period before Canada's Parks Day on Saturday. The expansions were led by the creation of Thaydene Nene National Park in the Northwest Territories (NWT), a tract of wilderness six times the size of Prince Edward Island. The enlargement of Nahanni National Park Reserve, also in the NWT, shifted another tract of nearly the same size into the protected category. The amount of land protected in the Northwest Territories alone in the past year was equal to about 25 Prince Edward Islands.

In Nova Scotia, the government has committed to having 12 per cent of the province's land within protected areas by 2015, while Quebec's announced park expansions over the past year raise its total land base within nature reserves to 6 per cent from 4.9 per cent. New nature reserves are being created so quickly that, between the time when the group finished its review in the prior week and this week, there was one additional major announcement: On Monday, the Ontario government said it would protect half of the province's northern boreal forest from development. The group said it believes the fast pace of parkland expansion reflects public interest in the environment, which remains a top-of-mind issue for many Canadians. Ellen Adelberg, a spokeswoman for the group, said, 'It certainly reflects Canadians' values about protecting our natural heritage.'

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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