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Positive trends in the news continued on the 52nd day of Canada's Invincibility programme
by Global Good News staff writer
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24 August 2006
These are a few of the news reports reflecting Canada's rising invincibility from the growing Yogic Flying groups across Canada.
17 August 2006
CBC News - Homeowners sell record number of houses at record prices
Sales of resale homes are heading for another record this year.... 'Demand for resale homes remained strong across Canada's major markets in July 2006,' Canadian Real Estate Association chief economist Gregory said, pointing to stable interest rates, strong employment levels and rising incomes. The average price of a house rose to $294,924 in July 2006....with record levels in Edmonton, London, St Catharines, Ont., and Montreal.
20 August 2006
The Globe and Mail - Big bank profits set to soar
Canada's major banks are expected to flirt with record profitability when they begin reporting their third-quarter results this week, signalling a potential rally.... 'We expect Canadian banks to report one of their best operating quarterly results ever' Ian de Verteuil, an analyst at BMO Nesbitt Burns Inc., wrote in a preview report.
21 August 2006
Bloomberg News - Canadian stocks rise on higher oil, gold prices; Suncor gains
Canadian stocks advanced for the fourth time in five days, as commodity producers...climbed with oil and bullion prices. Financial shares rose on optimism that lenders such as Bank of Montreal would report higher quarterly profits this week.
Bloomberg News - Canada's dollar strengthens on advances in crude oil and gold
The Canadian dollar rose the most in about two weeks as gains in commodities including crude oil and gold boosted the currency's appeal. The Canadian dollar has strengthened 1 per cent this month.
The National Post - General Motors to produce new Chevy Camaro at Oshawa plant, will invest $740M
General Motors Corp. will make the new Chevrolet Camaro at one of its plants in Oshawa, just east of Toronto....about 2,700 jobs are expected to be saved.... GM said it would invest about $740 million to turn the plant into a more flexible operation.
Bloomberg News - Canada will proceed with lumber accord, Wilson says
Canada will push ahead with an accord to end a four-year dispute with the US over softwood lumber, after winning enough support from industry for the plan, the Canadian ambassador to the US said. The agreement 'guarantees a stable and predictable environment for our industry,' Wilson said....
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