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Good news report from Canada

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22 April 2007

16 April was the 16th day of the tenth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

16 April 2007

Bloomberg News - Canadian stocks rise a 3rd day on takeovers; BCE, Algoma gain (16 April 2007) Canadian stocks rose to a record for a third straight day. The TSX Composite Index rose 81.36, or 0.6 per cent, to 13,659.98, climbing above the previous record set 13 April. A gauge of phone companies advanced 2.6 per cent.

The Toronto Star - 'Stellar' economy forecast (16 April 2007) Canada's economy should expand at a 2.8 per cent clip this year and 3.4 per cent in 2008, as robust job creation pushes wages higher while commodity price gains spur investment, the Conference Board of Canada said on Monday. Canada has added about 270,000 jobs since November, while the unemployment rate has fallen to a 31-year low, a pace that has pushed wages higher. 'This increase in purchasing power, coupled with unwavering consumer sentiment and still-low financing rates, suggests another year of stellar growth in consumer spending,' the Conference Board said in its spring outlook. Domestic strength is expected to underpin the economy this year, while merchandise exports will expand by 3.3 per cent this year and 3.8 per cent next year. The strong overall growth will prompt the Bank of Canada to leave its key rate steady through 2008, the Conference Board said.

Bloomberg News - Canadian companies see higher sales, steady prices (16 April 2007) Canadian companies are more optimistic about future sales, the Bank of Canada found in its quarterly survey. Forty-one per cent of the executives polled forecast faster sales growth in the next year, up from 34 per cent in January, and 32 per cent forecast little change, down from 40 per cent. Eighty-eight per cent of managers said inflation will stay within the central bank's target range of 1 per cent to 3 per cent for the next two years, up from 86 per cent in January. The Bank of Canada estimates there was a rebound in economic growth early this year. Today's report suggests the economic turnaround hasn't stoked inflation fears. Fifty-one per cent of managers said they plan to hire, just above January's 50 per cent. The survey showed managers were more optimistic about making future investments, with 48 per cent saying they'll increase spending on equipment in the next year.

From a Toronto Star report on this: Most Canadian businesses expect to hire more workers in the next 12 months to meet increased demand for their products and services, with hiring intentions generally robust across all regions and most sectors. The survey found businesses are generally optimistic across the board about what the next year will bring for the economy and Canadians.

Bloomberg News - Canadian dollar gains on commodities, speculation of corporate takeovers (16 April 2007) Canada's dollar extended its four-week rally, strengthening to a more than four-month high. The Loonie rose 0.6 per cent to 88.40 US cents at 4.01 p.m. The currency has gained 2 per cent this month against the US dollar. The currency extended its gains after the release of a survey by the central bank, which showed Canadian companies are more optimistic about future sales and expect steady inflation. 'It's possible that the Canadian dollar could test the highs it saw last year,' said Doug Porter, deputy chief economist at BMO Capital Markets in Toronto. The Canadian dollar climbed to a 28-year high in May last year.

The Globe and Mail reports (16 April 2007) A new poll of nearly 2,000 respondents aged 13 to 19 years conducted between 22 March and 2 April, found that almost all of the teenagers surveyed said they believe they can make a difference, and 94 per cent said it is not enough to simply say you are environmentally conscious. It also found that 77 per cent said they turn off their computer immediately after use, and about half reuse water containers or separate recyclable materials from garbage. The greatest proportion of 'green teens' were in Ontario and Atlantic Canada.

CBC News - Food companies take aim at healthier kids (16 April 2007) In an attempt to quell rising childhood obesity rates in Canada, a group of food companies said Monday they would use half of their advertising to promote healthy eating and active living among children. 'I believe it shows our society has learned from the experience of the last several decades and is ready to progress to a new level of social responsibility and co-operation which will benefit all Canadians, and our children in particular,' Tony Clement, federal minister of health, said. '...Industry's efforts around product reformulation combined with this important advertising commitment are positive steps forward that we will continue to monitor and encourage,' Sally Brown, CEO of the Heart and Stroke Foundation of Canada, said. Quebec banned direct television advertising to children in 1978, the only province to do so.

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.

For further information on creating invincibility for your nation, please visit: www.globalgoodnews.com/invincibility.html

Copyright © 2007 Global Country of World Peace



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