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Good news report from Canada, Part 2

Global Country of World Peace    Translate This Article
24 January 2007

23 January was the 23rd day of the seventh month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

23 January 2007

Canadian Press - Consumer spending, financial markets send December leading indicator higher (23 January 2007) Statistics Canada's leading indicator, a snapshot view of future economic activity, grew by 0.3 per cent in December. The agency said that growth continued to be driven by consumer spending and financial markets.

During December, consumer spending was led by furniture and appliances and other durable goods. Also, sales of existing homes hit their highest level of 2006 and the Toronto stock market set another record high.

Bloomberg News - Core inflation unexpectedly slows to Bank of Canada's 2 per cent target (23 January 2007) Canada's consumer inflation unexpectedly slowed to 2 per cent in December, matching the Bank of Canada's target for the first time since August. Prices fell 0.2 per cent in December from a month earlier. Bank of Canada Governor David Dodge has kept rates unchanged since July to bring core inflation back down to the central bank's target of 2 percent.

'They were talking about core inflation returning to their target by the middle of 2007, so this is faster,' said Paul Ferley, assistant chief economist at the Bank of Montreal.

Bloomberg News - Canadian bonds rise as core inflation slows more than forecast (23 January 2007) Canada's bonds rose, pushing yields to the lowest in about two weeks, after a government report showed core inflation slowed more than economists forecast. 'Today's inflation report has quelled the fears of any interest-rate hike by the Bank of Canada,'' said Benoit Lalonde, a fixed-income trader at Laurentian Bank Securities Inc. in Montreal.

The Globe and Mail - Canadian pension funds in good health (23 January 2007) Canadian pension funds moved into a healthier financial position last year, Mercer Investment Consulting reported Tuesday. The median return for Canadian pooled balanced pension funds was 13 per cent for the year, 'benefiting from strong performance in most of the major equity markets in 2006,' Mercer said.

'The improvement in Canadian pension funds' financial situation is illustrated in Mercer's Canadian pension health index, an indicator of the impact of capital markets on the financial position of Canadian pension plans, which showed a solvency rate of 87 per cent at the end of December, 2006—an increase from the December 2005 solvency rate of 80 per cent and the September 2006 solvency rate of 82 per cent,' the firm reported.

Bloomberg News - Canada November retail sales rise 0.2 per cent on gasoline, cars (23 January 2007) Canadian retail sales rebounded in November, advancing 0.2 per cent to C$32.7 billion. Sales of new cars rose 0.6 per cent to C$6.3 billion. The Bank of Canada says consumer spending will lead the country's economic growth this year and next.

Canadian Press - Oil prices close lower after brief climb (22 January 2007) Pump prices are also down in Canada. A recent survey found that gasoline prices across Canada dropped by an average of 1.8 cents a litre in the last few days to about 87.1 cents a litre for regular.

The Globe and Mail - Regina tops in housing affordability study (22 January 2007) Canada's housing market takes top marks for affordability, with Regina leading the way in a new six-country study. The research examined how many years it would take a worker earning the average wage in a given city to make enough money to equal the average home price there. The survey looked at 159 major urban markets in Canada, the United States, Ireland, Great Britain, Australia and New Zealand. Regina tied for first place with two US cities, Fort Wayne, Indiana, and Youngstown, Ohio, at two years. Winnipeg and Quebec finish ninth with 2.5 years.

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:

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