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3 December 2008

21 November was the 21st day of the fifth month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

21 November 2008

The Canadian Press - Canada, Colombia sign free-trade agreement (21 November 2008) A Canada-Colombia free-trade agreement was announced Friday shortly after Prime Minister Harper arrived in Peru to join 20 other national leaders for the Asia-Pacific Economic Co-operation (APEC) summit. The deal must now be debated by Parliament before it becomes legislation. The agreement lifts tariffs on 98 per cent of Canada's exports to Colombia and tariffs on most Colombian exports to Canada. Foreign Affairs Minister Lawrence Cannon and International Trade Minister Stockwell Day signed three other deals with Colombia this week. Canada and Colombia agreed their laws must adhere to principles set out by the International Labour Organization. The two countries also agreed not to sacrifice environmental protection in order to boost trade and investment. And a third deal eliminates double taxation for people and companies from one country that do business or make money in the other.

From a Canwest News Service report on this: The deal also opens the possibility that professionals, such as engineers, architects, and doctors who have been certified to work in one country could work in the other without having to go through a recertification process. The governments of both countries said they would 'encourage' their professional organizations to negotiate mutual recognition agreements with a priority being given to engineers.

From another Canwest News Service report on this: 'This unprecedented strong new agreement will benefit all Canadians by giving Canadian exporters, service providers, and investors in a number of sectors access to the growing Colombian market,' Harper said. The government also has a free trade deal with Peru waiting for ratification by parliament.

Reuters Canada - Canada Sept wholesale trade grows unexpectedly (20 November 2008) Canadian wholesale trade unexpectedly rose in September, increasing 1.5 per cent thanks to a rebound in auto sales, Statistics Canada said, adding to upbeat data on third-quarter economic growth. (Five of seven industry components tracked by the statistics agency recorded an increase.) Sales of automotive products jumped 6 per cent in September from August. Machinery and electronic equipment sales were the second-fastest growing category in September, rising 1.4 per cent. Economists expect third-quarter growth to beat the Bank of Canada's 0.8 per cent estimate. A string of data have pointed to strong growth in the period, including factory sales, jobs growth, and housing.

From a Canwest News Service report on this: 'September's increase in wholesale sales was the seventh in nine months, and follows a period of little or no growth that began in the spring of 2007,' Statistics Canada said.

The Toronto Star - Third-quarter profits not half bad: Statscan (21 November 2008) The economy may be in crisis but you'd never know it by the third-quarter profits posted by Canadian corporations. Statistics Canada says corporations earned C$77.3 billion in operating profits in the third quarter of 2008, 7.6 per cent more than in the second quarter. Profits in the non-financial sector grew 9.1 per cent to C$58.1 billion, while those in the financial sector increased 3.3 per cent to C$19.2 billion. Profits came in higher for 13 of 22 industry groups.

The Globe and Mail - Sun shining on B.C. economy despite worldwide gloom, Finance Minister says (21 November 2008) 'British Columbia is doing remarkably well,' Finance Minister Colin Hansen said. 'That's not to say that we're not being buffeted by the international economic challenges that the world is facing . . . but B.C., according to all the leading economists, can still anticipate positive economic growth through this very difficult economic time.' Mr Hansen made his bold prediction after tabling a bill in the Legislature linked to the economic stimulus package announced on 22 Oct. Most of the legislation accelerates tax relief for families and small businesses. Richard Thomas, vice-president of the Central One Credit Union, commented that 'B.C. has diversified significantly over the last decade or so. The minister told our fall conference that there are more people employed in IT technology and computer programming in Vancouver than in Greater Seattle. 'That's just one example. So I think we're well positioned to ride this out.'

From a Canadian Press report on this: 'British Columbia has put itself in a pretty strong position,' Premier Gordon Campbell said.

The Globe and Mail - Class of '09: Job hunt may hold some surprises (21 November 2008) Fears about dimming job prospects are haunting many members of the class of 2009. They may be in for a pleasant shock—across many sectors, there will be more jobs available for grads than they might think. Many employers are still thinking long-term as much as short-term. And the coming tide of baby boomer retirements means they are still on the lookout for replacement talent, downturn or otherwise, employers and career experts say. Across the country, campus career fairs boasted record attendance from employers this fall. 'The outlook for grads seems to be good,' says Denise Williams, a spokesperson for the career services centre at Dalhousie University in Halifax. Even in the financial sector, many large employers are still maintaining recruiting and hiring activity among grads. Ernst & Young has made 500 offers to students across Canada for post-graduation jobs—the same number it hires every year, says Karen Wensley, the firm's director of HR. And it boosted the number of business banking hires from previous years to more than 100 across the country this year, she says. Demand for IT workers is also still strong, says Terry Power, president of Sapphire Technologies, a Toronto-based IT staffing firm, who says he hasn't yet seen a decline in hiring activities by IT firms for the coming year.

CBC News - Rona to cut out unsustainable wood, stop sales of cosmetic pesticides (21 November 2008) Rona Inc., the largest Canadian home renovation retailer, is changing its lumber buying policies in an effort to conserve boreal forests and will also stop selling pesticides for cosmetic purposes. The Montreal-based company announced that it is moving to do business only with suppliers that do not contribute to deforestation and that proactively address environmental sustainability. In a separate move, the removal of cosmetic pesticides by next July will cost the company C$20 million in annual sales, out of total revenues exceeding C$6.3 billion at nearly 700 stores. 'Rona wants to play a major role in wilderness conservation as well as in the sustainability of natural resources, while supporting Canadian consumers in their efforts to adopt sustainable behaviours,' Chief Executive Officer Robert Dutton said. Greenpeace Canada hailed Rona's move as 'the strongest procurement policy for wood products in North America that we've seen.' Richard Brooks, head of the environmental group's forest campaign, said the policy 'will lead to change on the ground and better protection for the most ecologically important areas of Canada's forests'.

Bloomberg News - Sun Life says India is biggest long-term opportunity (20 November 2008) Sun Life Financial, Canada's third-largest insurer by market value, sees India as the company's biggest 'medium- to long-term opportunity for growth', CEO Donald Stewart said. Sun Life has 600 branches and 132,000 agents in India through a joint venture with Mumbai-based Aditya Birla Group, and plans to grow by increasing distribution of its products. 'We just see the opportunity in India over the long term as being enormous,' Stewart said in an interview.

Canwest News Service on opposition pledges co-operation (20 November 2008) There was less name calling and heckling than usual in the House of Commons [in Parliament] on Thursday, as all parties renewed their pledges to adopt a more collaborative approach in responding to the economic downturn. [Liberal Leader Stephane] Dion said the Liberals would serve as a 'responsible' official Opposition by making sure Parliament works at a time of economic uncertainty. Bloc Leader Gilles Duceppe said his party would set aside partisan interests to deal with the economic slowdown.

The Canadian Press - Olympic torch relay for 2010 is journey through Canada's past and present (21 November 2008) The Olympic flame for the 2010 Winter Games will shine on every corner of Canada during an historic torch relay lasting 106 days. Celebration events for the torch will be held in 200 communities and the torch will pass through more than 1,000 communities and places of significance in Canada. By the end, the torch will have travelled 45,000 kilometres within Canada by land, sea, and air.

From a Globe and Mail report on this: The relay will begin 30 Oct. 2009 in Victoria and conclude 12 Feb. 2010 with the lighting of the Olympic flame in Vancouver. A total of 115 aboriginal communities will take part in the relay. Tewanne Joseph, executive director of the Four Host First Nations, on whose traditional territory the Games are being staged, praised the widespread inclusion of aboriginal communities. 'As a result of our partnerships and in the spirit of unprecedented aboriginal participation in the 2010 Winter Games, the Olympic flame will reach across the country, travel to aboriginal communities and celebrate the diversity and cultures of First Nations, Inuit and Metis peoples.'

From another Canadian Press report on this: 'It's about including everyone, about celebrating the diversity of our country, about falling in love with our country as we go along, appreciating the land the people and the places that make Canada so special,' John Furlong, Chief Executive Officer of the Vancouver organizing committee, said. 'And it's about stopping for a few minutes to celebrate our common humanity, the things we have in common with each other.'

From a Vancouver Sun report on this: John Furlong proclaimed: 'It is our hope and our dream to unite this country and bring Canadians closer together to discover the many cultures and perspectives that make up our nation.'

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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