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Good news report from Canada

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23 June 2007

12 June was the 12th day of the twelfth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

12 June 2007

The Globe and Mail - Labour productivity rebounds (12 June 2007) Canadian labour productivity perked up in the first three months of the year, rising at the fastest clip in a year and a half as businesses boosted production. Productivity growth accelerated to 0.7 per cent, more than three times the 0.2-per-cent rate in the previous quarter, on robust production growth, Statistics Canada said. The productivity gain was the largest since the third quarter of 2005. 'Both the services-producing and the goods-producing industries made positive contributions to the overall productivity performance in the first quarter,' the report said. From a Toronto Star report on this: 'Unit labour costs, an indicator of inflationary pressure, moderated to 0.7 per cent growth compared with 1.3 per cent in the previous quarter'. From a Canadian Press report on this: The year opened on a solid note in the business sector as quarterly labour productivity growth accelerated. Manufacturing, construction, agriculture, as well as in wholesale and retail trade, and finance and insurance services all recorded gains. Labour productivity, as measured by real gross domestic product per hour worked, is a key factor in higher economic growth and long-term improvement in the standard of living. Real GDP in the business sector grew 0.9 per cent in the first quarter of 2007, three times what it was in the previous quarter (0.3). It was the highest quarterly growth in a year. Consumer spending on goods and services, which edged up to one per cent from 0.9 in the previous quarter, continued to drive the economy. The accumulation of business inventories, due to increased output, also made a positive contribution to quarterly GDP growth. From a Bloomberg News report on this: Canadian labor productivity gained for the second-straight quarter between January and March. The central bank reckons that when worker productivity improves, the economy can expand at a faster rate without sparking inflation, reducing the need to raise borrowing costs. Growth in hours worked rose to 0.3 per cent from 0.1 per cent, as companies hired 158,000 workers in the quarter.

START HERE The Globe and Mail - Hiring outlook is 'solid' (12 June 2007) In its quarterly canvas of 1,700 Canadian employers, staffing agency Manpower Canada found that 33 per cent plan to add staff, 5 per cent plan layoffs and the rest expect to maintain current staffing levels. The 'solid hiring climate' spans all regions and all sectors. Job prospects are strongest in Western Canada and the Atlantic provinces. In the construction sector, 57 per cent of respondents said they plan to hire staff in July, August and September. The wholesale and retail sectors are also on the hunt for new employees, with 40 per cent planning to add staff. 'It's good news for those who are looking for work,' said Lori Rogers, vice-president of operations for Manpower Canada.

The National Post - UBS projects 16% growth (12 June 2007) An earnings forecast upgrade at UBS has pushed the firm's 2008 earnings estimate for the entire TSX composite index above C$1,000 for the first time. As a result of this broad 3.2% upgrade, UBS expects earnings for the benchmark index to grow 16% in 2008. Meanwhile, UBS projects earnings growth of 14% in 2007, or 16% without energy stocks. Strategist George Vasic thinks the good prospects for earnings should not be overlooked, despite investor concern about rising interest rates. 'What is remarkable is that after all the concerns about the impact of a slower US economy on earnings, the outlook is still calling for growth that is comfortably in the double digits,' he said.

CTV News - Three Canadian cities make best-in-business list (12 June 2007) A new report says Toronto, Montreal and Vancouver are the easiest places to do business in the world. MasterCard ranked the cities among the top 50 'Worldwide Centers of Commerce' that 'drive global commerce.' Toronto placed 12th overall. While the three Canadian municipalities failed to crack the top ten, they placed in the top three in terms of being the easiest places in the world for doing business. Vancouver came in first, followed by Toronto and Montreal. In terms of starting a business, Montreal, Toronto and Vancouver ranked first, second and third respectively. Kevin Stanton, president of MasterCard Canada, said that the study shows Canadian cities are standing 'shoulder-to-shoulder' with leading economies around the world. 'The strong performance of Canadian cities as Worldwide Centers of Commerce reinforces how fortunate we are to live and do business here.'

The Globe and Mail - Easy living, easy business in Vancouver (12 June 2007) Vancouver, a city best known for laid-back living, is the easiest place in the world to do business, a global study of 50 cities says. The West Coast city, along with Toronto and Montreal, were top three in the world in that category because of a 'strong national health-care system, excellent infrastructure, low traffic and easy access to public transportation,' according to MasterCard International's first annual ranking of global cities. It's their quality of life that makes the Canadian cities shine on the global stage, said one of the study's researchers.

The Globe and Mail - British Columbians outlive neighbours (12 June 2007) 'British Columbia remains far and away the healthiest jurisdiction in Cascadia, a geographic region encompassing BC, Idaho, Washington, Oregon and parts of Alaska, Montana and California. '...If the province were an independent nation, it would have the second-longest lifespan in the world, trailing only Japan,' the Sightline Institute, a non-profit think tank in Seattle, states in its annual Cascadia report. The report examines trends in seven key areas: health, economy, population growth, energy, sprawl, wildlife management and pollution. 'British Columbia leads on several trends of prosperity and environmental health, including health, energy efficiency and curbing sprawl.' Counting both highway fuels and electricity in home and businesses, British Columbians consume the equivalent of 41 litres of gas a week per person, one-third less than in other Cascadia members.

CBC News - Canada, Germany ink clean energy research pact (12 June 2007) Canadian and German scientists are to work together over the next three years to develop clean energy technologies, the National Research Council of Canada announced Tuesday. The NRC and the Helmholtz Association of German Research Centres have signed an agreement to share research, facilities and expertise, and to work together on projects to develop alternative energy sources such as hydrogen, biofuels and others that are ecology-friendly. The Helmholtz Association is a collection of 15 research facilities with a staff of 8,000 scientists. Collectively, they study six fields that include energy, earth and environment, and key technologies that drive economies forward, with the aim of 'solving grand challenges which face society, science and industry.'

The Toronto Star - PM proposes land-claims bill (12 June 2007) The prime minister has proposed new legislation to speed land claims. Stephen Harper says the bill - to be co-written with the Assembly of First Nations—would 'revolutionize' the land-claims process. 'Canada will be a better, stronger, more united country when all its citizens enjoy full equality of opportunity,' declared Harper. 'And today's announcement, I believe, represents a quantum leap toward that goal for Canada's First Peoples.' The legislation would commit C$250 million a year for 10 years for specific land-claims research and compensation, and would create a new tribunal staffed with impartial judges who would make final decisions on claims when negotiations fail. The federal government has itself estimated that it owes First Nations billions of dollars for breached or unfulfilled treaties. From a CanWest News Service report on this: Prime Minister Harper and Indian Affairs Minister Jim Prentice shared details at an event attended by several native leaders, including Phil Fontaine, national chief of the Assembly of First Nations. Fontaine welcomed the announcement. 'It is about a better, more fair and just Canada. This is an historic announcement...' Fontaine said. 'We believe these measures represent a historic breakthrough on the intractable logjam of specific claims,' Harper told the audience. 'The current backlog of more than 800 claims is simply unacceptable. The fact that it takes 13 years on average to process a claim is unacceptable. And the fact that the federal government acts as both and judge and jury is also unacceptable,' Harper said. 'The time is long past due for a new approach.'

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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