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Good news report from Canada

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8 May 2007

27 April was the 27th day of the tenth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

27 April 2007

The Globe and Mail - Canadian manufacturers more upbeat (27 April 2007) More Canadian manufacturers expected to boost or maintain output in the second quarter than in the first, and the number expecting new orders to decline fell by half, according to Statistics Canada. Twenty-two per cent of firms surveyed said they would boost production in the quarter, up from 18 per cent in the first quarter, and 62 per cent said production volumes would be about the same. Only 16 per cent expect to scale back output, compared with 23 per cent previously. 'This was the first time the balance of opinion for production prospects moved into positive territory since October 2005 and was the most positive balance since October 2004,' Statscan said. The survey, conducted in the first two weeks of April, also yielded a more rosy outlook on new orders, unfilled orders and inventories in the second quarter. Likewise, the mood on employment improved.

From a Bloomberg News report on this: Manufacturers were more buoyant about every aspect of their businesses. For the first time since April 2005, more managers planned to hire new workers than to shed jobs.

Canadian Press reports (26 April 2007) In its semi-annual monetary report, the Bank of Canada is presenting a mostly rosy picture of the economy over the next three years, saying Canadians will continue to have robust job prospects and higher disposable incomes. Overall, the bank says the Canadian economy is picking up steam and cash-flush Canadians will continue to spend as though it's Christmas and drive the economy forward. 'Consumer spending is expected to grow solidly over the projection period, reflecting further gains in real disposable income and increases in household net worth.' Prospects for Canadian businesses remain high, the bank said, predicting continuing solid profits and robust investment.

The Toronto Star - StatsCan sees rise in weekly payroll earnings (26 April 2007) The average weekly earnings of payroll employees increased C$1.06, or 0.1 per cent, in February over a month earlier. Statistics Canada reports that the average earnings of payroll employees was C$764.12 in February, up 3.1 per cent so far this year from the same period last year. Nova Scotia, Alberta, and Prince Edward Island recorded the largest percentage increases in employment for February.

Bloomberg News - Canada's dollar touches seven-month high on manufacturing plans (27 April 2007) Canada's currency gained a sixth straight week, its longest rally since 2003, after a government survey showed factories expect higher production in the second quarter. The Canadian dollar gained 0.7 per cent this week to 89.60 US cents at 4.35 p.m. It reached 89.85 US cents today, the highest since 29 Sept. 'The data pointed to an economy unequivocally strong,' said Marc Levesque, chief fixed-income and currency strategist at TD Securities in Toronto.

From a Reuters Canada report on this: The Canadian currency's strength was broad, as it rose versus the euro and pound and extended its 14-1/2 year highs against the yen. The Canadian dollar has risen 5.5 per cent since mid-March. Expectations have grown that the currency could revisit the near three-decade high of 91.34 US cents, hit last May.

The Toronto Star - Tories unveil green strategy (26 April 2007) The Tories realized by the end of last year that the environment had exploded in the Canadian consciousness. The strategy has two major components: dealing with the major industrial emitters of greenhouse gases, and clearing the air of smog and other pollutants. The government predicts that improving air quality will save the country C$6 billion annually in health costs. Companies that belch smog-producing pollutants will face tougher regulations than those that emit greenhouse gases. Reductions of sulphur oxide, for example, will have to reach 55 per cent by 2015 and the targets will be firm limits.

Meanwhile, industries that emit a lot of carbon dioxide will face a reduction of 26 per cent by the same year, and targets will be based on their level of production rather than a firm limit. The Tories' promise is to reduce greenhouse gas emissions by 20 per cent over 2006 levels, by 2020. Other measures included in Thursday's announcement:
- new car efficiency requirements in 2011 based on the 'most stringent' North American standard—a standard that has yet to be worked out.
- a future program for tackling indoor air pollutants, including more oversight over how buildings are constructed.

CBC News - Toronto aims for greener pastures than Canada (27 April 2007) The country's largest city has big plans not only to meet, but surpass the Kyoto targets. Toronto Mayor David Miller told reporters that cities need to lead the fight against climate change. 'We're not going to wait. We're working with the Clinton Foundation and cities around the world on these issues,' he said. 'It's too important not to.' Miller has set targets for the city that include meeting the Kyoto Protocol targets of reducing greenhouse gas emissions by six per cent below 1990 levels by 2012. By 2020, emissions are to be cut by 30 per cent below 1990 levels, with an 80 per cent reduction by 2050. The plan, as it stands, focuses heavily on retrofitting and improving the efficiency of buildings in the city, which account for 52 per cent of the city's greenhouse gas emissions. 'We're setting ambitious targets because we believe they're realizable in the context of Toronto and other cities across Canada,' he said.

The Toronto Star - Ontario goes solar (26 April 2007) The 40-megawatt Sarnia project will be able to supply enough emission-free electricity to power between 10,000 and 15,000 homes on sunny days. The province pays a premium for electricity that comes from small-scale renewable projects. Peter Carrie of OptiSolar Farms Canada said the company chose Ontario because of the 42-cent per kilowatt hour offer, which isn't available anywhere else in North America. The company says it has developed a way of mass-producing solar cells that dramatically lowers the cost of the technology, making it competitive with conventional forms of electricity generation.

From a National Post report on this: The installation of one million solar panels on 346 hectares of land near Sarnia will make Ontario home to one of the world's largest solar farms, Energy Minister Dwight Duncan announced yesterday. 'This project alone will contribute 40 megawatts to the grid by 2010—the next largest photovoltaic project in North America was announced on Monday and it is only 15 megawatts.'

CanWest News Service - Canadian cities make top 10 'future' list (27 April 2007) Canadian cities have been named to the list of Top 10 North American Cities of the Future. The survey of more than 100 cities in the United States, Mexico, and Canada was conducted by the Financial Times Group of London and published Thursday in Foreign Direct Investment magazine.

From a Toronto Star report on this: Toronto, with its affordable housing, low crime levels, strong health and education sectors, and falling unemployment, was runner-up in the major cities group (more than two million population). Toronto was selected as the top major city for quality of life, ranked fourth for best development and investment promotion, fifth for best human resources, and fourth for best infrastructure. One other Canadian city made the top 10 list: Montreal came in at No. 7. The only Canadian city on the top 10 list of large cities (population between 500,000 and 2 million) was Edmonton at No. 4. Windsor was named the top small North American city of the future (populations between 100,000 and 500,000), scoring well for business-friendly policies and a strong development program. London, Ont., was No. 4 and Waterloo came in at No. 5, while Chatham, at No. 9, and Saskatoon rounded out the top 10. Two Canadian cities made the top-10 list of micro cities of the future (population under 100,000). Sarnia was No. 3 and Fredericton, NB, was No. 8.

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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