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Good news report from Canada

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11 November 2008

4 November was the 4th day of the fifth month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

4 November 2008

The Canadian Press on charitable donations up in 2007 (4 November 2008) Charitable donations reported by Canadian taxfilers surpassed C$8.6 billion in 2007, up 1.4 per cent from 2006. Statistics Canada says 24 per cent of all taxfilers (about 5.7 million people) claimed charitable donations in 2007. Manitoba had the highest percentage who declared a donation, at 27 per cent, followed by Ontario, Prince Edward Island, and Saskatchewan, all at 26 per cent. Donors in Nunavut reported a median donation of C$470, the highest among the provinces and territories for the eighth straight year. Donors in Prince Edward Island had the second highest median at C$360, followed by those in Alberta with C$350. Among cities, donors in Abbotsford, British Columbia, had by far the highest median donation at C$620, the fifth straight year the city has led the way.

From a Canwest News Service report on this: Statistics Canada also noted that not everybody claims their charitable tax credits, so the number of people who gave to charities could actually be higher.

The Financial Post - Commodities, election optimism lift Toronto stocks (4 November 2008) Canada's main stock index roared above 10,000 points Tuesday in a broad-based rally led by rising commodity prices. The TSX Composite Index rose 395.32 points, or 4.07%, at 10,116.58. Nine of 10 sectors gained. Michael Smedley, chief portfolio manager of Morgan Meighen & Associates, said the surge in Canadian equities was aided in part by fresh hope here and abroad of a 'better America' now that the US election campaign has drawn to a close.

From a Canadian Press report on this: Gains were widespread, with the base metal sector ahead nine per cent. Gold stocks led the climb, up 9.5 per cent.

From a Globe and Mail report on this: The TSX composite index has risen 18.5 per cent from its low point on 27 Oct.

From a Bloomberg News report on this: Canadian stocks gained the most in a week, joining a global equity rally as commodity and finance shares advanced after commodities prices rose, borrowing costs eased, and the US selected its new president. Royal Bank of Canada, the nation's biggest bank, rose 2.2 per cent. Scotiabank, the third-largest lender, climbed 3.6 per cent. 'There's no bad news—every day without bad news is good news,' said Thomas Caldwell, chairman of Toronto-based Caldwell Securities, which manages more than C$1 billion in Toronto. 'The financial system has been stabilized,' Caldwell said. The cost of borrowing US dollars for one month in London fell to the lowest level in almost four years, a sign the lending freeze may be ending after central banks cut interest rates and injected as much US$3 trillion into the banking system.

The Canadian Press - Loonie jumps ahead more than 3 1/2 cents in past two days (4 November 2008) The Canadian dollar built up some momentum Tuesday, due largely to some strengthening of confidence in financial markets and a surge in commodities prices. The loonie [popular name for the Canadian dollar] staged a rally Monday and Tuesday, jumping more than three cents to about 87 cents US. 'Just a week ago, we were looking at a 77-cent Canadian dollar, and here we are barely a week later looking at an 87-cent dollar,' said BMO economist Doug Porter. Much of its gain was 'just confidence coming back into the market,' said Shane Enright, a currency strategist with CIBC World Markets. 'You have seen funding costs finally start to dissipate probably the last week to week and a half of October.'

From a Reuters Canada report on this: The red-hot Canadian dollar closed higher on Tuesday for a sixth straight session. The sudden climb is credited to a number of factors that include improved overall market sentiment.

Canwest News Service - Canada gas prices lowest since early 2007: report (4 November 2008) MJ Ervin and Associates, the Calgary-based petroleum consultancy group, said the average retail rate for regular gasoline was 92.7 cents a litre, down 6.1 cents from a week earlier. Its weekly reports haven't shown an average that low since 20 Feb. 2007. It was the seventh-straight week gas prices have declined. The national average price peaked in mid-July this year at C$1.401 a litre, from which prices have now declined by more than one-third.

Reuters - BMO Capital Markets to launch in India by end 2008 (4 November 2008) BMO Capital Markets, the financial services arm of Bank of Montreal, plans to launch investment banking services in India by the end of 2008. A Mumbai office would be open in 45 days, Michael Rayfield, vice chairman of investment and corporate banking, told a media briefing. BMO Capital said it would initially focus on outbound mergers and acquisitions in a number of sectors including mining, auto parts, and information technology.

Canwest News Service - Canada's G8 summit set for June 2010 (3 November 2008) The 2010 G8 summit of leaders of the world's wealthiest nations will be held in Ontario's cottage country from 25-27 June 2010, said Industry Minister Tony Clement, who represents the riding that includes the summit's host establishment, the Deerhurst Resort in Huntsville, Ont. Prime Minister Harper has previously announced the location for the meeting, but the dates of the event have only now been confirmed.

From a Canadian Economic Press report on this: In the past, communities that have hosted the summit have benefited in both the short and long term from the business and attention the event brings to the area, Clement said.

CBC News - Aglukkaq pledges to bring 'unique perspective' to cabinet table (4 November 2008) New federal Health Minister Leona Aglukkaq said she will use her experience living and working in Nunavut to help her Parliament Hill colleagues understand the issues in Canada's North. Aglukkaq was Nunavut's health minister before she ran in the 14 Oct. federal election. She had also been finance minister and house leader. Aglukkaq told CBC News that while she's now responsible for Canada's health-care system, she will help other federal ministers learn about the needs of northerners. 'What I would bring to this position is a unique perspective [about] the challenges we face in Canada's Arctic and in Inuit communities,' she said.

The Canadian Press - Seized reserve lands to be returned to B.C. aboriginals (4 November 2008) A 'difficult chapter' in history has come to an end with an agreement to return to British Columbia aboriginals thousands of hectares of reserve lands seized by the government almost a century ago. Minister of Aboriginal Relations Mike de Jong announced that the BC government, Ottawa, and four BC First Nations have reached land and cash agreements settling claims. Aboriginal chiefs and government ministers were on hand at the BC Legislature Tuesday for a dance, drum, and prayer ceremony marking the agreements with the last four of 22 BC First Nations that lost a total of almost 20,000 hectares. The last four lost almost 5,000 hectares. The claims settlements date back to the 1912-1916 McKenna-McBride royal commission, which was established to look into Indian reserve allocation in BC. In the end, 22 BC aboriginal nations had more than 19,000 hectares removed from their reserve lands without their consent. The agreements with the four bands—the Seton Lake Indian Band, Gitwangak Band Council, Melakatla Band, and Lax Kw'alaams Indian Band—include about C$1.1 million in compensation. Chief Harold Leighton of the Metlakatla First Nation, located near Prince Rupert, said he was pleased a settlement is giving his people back 4,755 hectares of reserve lands.

From a CBC News report on this: 'These agreements with the Seton Lake Indian Band, Gitwangak Band Council, Metlakatla Band, and Lax Kw'alaams Indian Band, dating back more than 90 years, grew out of our collective desire to make right the past and achieve lasting reconciliation,' said Minister of Aboriginal Relations Mike de Jong. 'We are happy to stand with British Columbia and Canada today to celebrate the resolution of these claims and to move forward now with greater certainty toward a shared future,' said Chief Harold Leighton of the Metlakatla Indian Band.

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.

© Copyright 2008 Global Good News^®

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