Canada's economy bounces back after global recession, reflects rising national coherence
by Global Good News staff writer

Global Good News    Translate This Article
29 November 2012

Economic gains and resilience in Canada after the global economic crisis are some of the many expressions of rising coherence in national consciousness, according to Transcendental Meditation teachers. This coherent influence is being produced by increasing numbers of people across the country making use of Maharishi Mahesh Yogi's programmes and technologies of consciousness, they said.

Encouraging economic indicators in the last year or two have paralleled the more than 100 per cent increase in Canadians learning Transcendental Meditation during this time.

The nation's positive economic profile has earned recognition from Christine Lagarde, head of the International Monetary Fund, who said recently that the measures taken to protect Canada's economy during the crisis should be a model for all other countries trying to fix their financial systems.

The head of the Royal Bank of Canada, Gordon Nixon, said that in the United States some people lost their jobs and then their homes, but this double loss did not happen in Canada.

Dr John Cowhig, a Canadian teacher of Transcendental Meditation for many years, commented that the country's economy is bouncing back and often exceeding pre-crisis numbers.

'Recent job gains after the crash of 2008 have been the greatest since 1981,' he said, a development that is 'quite extraordinary. Our manufacturing centres roared back to levels not seen since before the 2008 financial crisis.'

For example, car sales are now past 2008 levels, building permits are up 7.4 per cent, and trade with the United States, Canada's largest trade partner, has increased 38 per cent over the last two years—which amounts to about $2 billion a day, Dr Cowhig said.

Unemployment is down to 7.2 per cent and Canada has gained back all of the 400,000 jobs that were lost during the recession, and added another 365,000 jobs on top of that.

Canadian retail businesses are bouncing back too. Automakers have had their most profitable year in over a decade. 'After the crash we were down to 1.5 million car sales a year. That is now back up to 2.54 million, the highest that it has ever been.'

Lastly, in a sure sign of economic success, Statistics Canada estimates that Canada will eliminate its deficit by as early as 2015.

Global Good News will continue to report on the success of Maharishi's programmes in Canada. See related articles:
∙ Canada sees great rise in interest in Transcendental Meditation this year
∙ Co-operation and environmental progress hallmarks of Canada's international reputation

Copyright © 2013 Global Good News Service



Translation software is not perfect; however if you would like to try it, you can translate this page using:

(Google) Select a language English to Afrikaans English to Albanian English to Arabic English to Belarusian English to Bulgarian English to Catalan English to Chinese (Simplified) English to Chinese (Traditional) English to Croatian English to Czech English to Danish English to Dutch English to Estonian English to Filipino English to Finnish English to French English to Galician English to German English to Greek English to Hebrew English to Hindi English to Hungarian English to Icelandic English to Indonesian English to Irish English to Italian English to Japanese English to Korean English to Latvian English to Lithuanian English to Macedonian English to Malay English to Maltese English to Norwegian English to Persian English to Polish English to Portuguese English to Romanian English to Russian English to Serbian English to Slovak English to Slovenian English to Spanish English to Swahili English to Swedish English to Thai English to Turkish English to Ukrainian English to Vietnamese English to Welsh English to Yiddish

(Altavista babelfish) Select a languageEnglish to Chinese-simpEnglish to Chinese-tradEnglish to DutchEnglish to PortugueseEnglish to FrenchEnglish to GermanEnglish to GreekEnglish to ItalianEnglish to JapaneseEnglish to KoreanEnglish to RussianEnglish to Spanish