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Good News Report from Canada

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3 May 2007

22 April was the 22nd day of the tenth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

22 April 2007

The Toronto Star - Buildings going green, bigger and taller (21 April 2007) Condo suites developers are embracing green features and energy efficiency, according to market experts Jeanhy Shim, a consultant and and Nestor Repetski, vice-president of Winick Realty Ltd. Among the top trends they identified—green will grow, as more condo buildings incorporate energy-efficient and sustainable-living features. In a new TD Canada Trust survey of condo buyers' attitudes about green features, nine out of ten said they were important to them, says Shim. 'Some builders, like Tridel and Minto, have made a corporate decision to build all their buildings to LEED (environmental rating) standards. Then there are builders like Menkes and Monarch who have developed their own green features.' Shim believes green will become standard in condos. Repetski says there will be more amenities, such as facilities that offer the full range of services you'd find at a health club, such as personal training and yoga classes.

The National Post - Green condos right on trend (21 April 2007) At The Green Living Show in Toronto, the Sustainable Condo, a full-size mock condominium suite, will be on display. Canada Mortgage and Housing Corp. (CMHC) has been promoting the Sustainable Condo as an example of how to reduce energy consumption, improve air quality, and positively affect personal health. CMHC offers a 10% rebate on mortgage insurance when a green dwelling is purchased, whether a condo, townhome, or single-family detached home. These mortgages can be amortized for up to 40 years without incurring a premium surcharge, further reducing carrying costs. Among green high-rise condominiums in Toronto is Radiance at MintoGardens, where greenhouse gas emissions were reduced by 3.6 tonnes per suite and the condominium corporation saved C$200,000 in common-area expenses as a result of environmentally efficient initiatives. Another, Element by Tridel, is the first in Canada to use deep-lake water cooling, which has the same effect as taking 50 homes off the hydro grid. There are also a growing number of marketing benefits to developers who pursue environmentally friendly condominiums.

The Globe and Mail - Call him Mr Green (21 April 2007) Michael de Pencier is the main force behind the Green Living Show in Toronto, April 27-29. Mr. de Pencier oversees an environmental empire that includes Investeco Capital, a private equity firm focused on medium-sized green businesses; Green Living magazine; managing the Green Toronto Awards in partnership with the city; and a half-dozen other environmentally focused businesses. 'Polls now tell us the environment is the No. 1 issue on the minds of Canadians,' Mr de Pencier says. The Green Living Show is billed as 'the first consumer show dedicated to all things green', with more than 250 exhibitors on everything eco-friendly, big and small, aimed at the ethical consumer.

The Globe and Mail - Father and son feel the breeze at their backs (20 April 2007) Schneider Power Inc., the first private wind developer based in Ontario, has 10,900 hectares of land under development across the country, and one small wind farm already up and running, on Manitoulin Island in Ontario. 'We're in a massive growth phase right now,' says Thomas Schneider, the company's president. By 2009 the company expects to have increased its total energy capacity to 115 megawatts. Ontario aims to have 10 per cent of its power from renewable energy by 2010 and other provinces have also made commitments to renewable energy. Schneider Power has 10 projects in advanced stages of development, including five in Ontario that are all 10-MW. In Manitoba, Schneider Power has planned three much larger wind farms. Projected investment in Canada's wind-power industry between now and 2015 is C$18 billion.

The Toronto Star - Good green goals (22 April 2007) Scotiabank's goal is to break into the Dow Jones World Sustainability Index, which factors in environmental and social criteria along with economic data to determine the leading 10 per cent of the largest 2,500 companies on Earth. There are currently 11 Canadian companies on the index. Five Canadian businesses made the Global 100: Most Sustainable Corporations in the World, which were chosen from more than 1,800 firms in 16 countries. One of the best reasons to focus on sustainability is the added ability to attract investors. There is a growing commitment to socially responsible investments by institutional investors, including one of Canada's largest, the Canada Pension Plan.

Sun Media - Ottawa buses going green (22 April 2007) Ottawa launched new initiatives aimed at reducing greenhouse gas emissions yesterday in advance of Earth Day today. More than 6 million Canadians will join 500 million people in more than 180 countries in staging events and projects to address environmental issues. Nearly every school child in Canada takes part in an Earth Day activity.

The Toronto Star - Bank launches `green' mortgage (21 April 2007) Citizens Bank of Canada is offering in Ontario what is being billed as the country's first 'eco-mortgage'. Each of the bank's 'green' mortgage holders will receive a curbside blue box containing a registration rebate for a Green$aver home energy audit, 10 compact fluorescent light bulbs, product samples, and coupons for trees, renewable power programs, car sharing, and other environmental products and services worth more than C$800. 'We embrace the opportunity to help Ontarians conserve energy and reduce their environmental impact,' Jason Farris, president and CEO of Citizens Bank of Canada, said. Citizens Bank is the only bank in Canada that has an ethical policy outlining its position on environmental and social issues. Based in Vancouver, Citizens Bank was Canada's first 'branchless' bank, and is a wholly owned subsidiary of Vancity Credit Union.

The National Post - Ottawa to guarantee native mortgages (20 April 2007) The federal government revealed a plan that will enable Aboriginal Canadians living on reserves to buy their own homes for the first time. The new initiative will take C$300 million earmarked for Aboriginal housing in last month's budget and create a 'default fund'. The money will be used to leverage up to seven times that amount from banks that have signed up for the initiative. This will free up as much as C$2 billion for First Nations borrowers.

From a Winnipeg Sun report on this: The federal government's decision to guarantee mortgages for aboriginals living on reserves is quite significant. Bands own land, not individuals. 'This will allow people on reserves to build up their own equity and be able to draw on a mortgage to start a business,' Indian Affairs Minister Jim Prentice said.

From a Soo Today report on this: '..This approach will support the development of a housing market on reserve, while fully respecting the communal ownership of reserve land,' Indian Affairs Minister Jim Prentice said.

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

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