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Good news report from Canada

Global Country of World Peace    Translate This Article
9 February 2007

6 February was the 6th day of the eighth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

6 February 2007

Bloomberg News - Bank of Canada sees no reason to lower rates, Longworth says (6 February 2007) 'We think that the economy is going to pick up quite strongly in the first half of the year,' Bank of Canada Deputy Governor David Longworth said in response to a question after a speech. 'We don't think, given that scenario, that we need any changes in interest rates.'

In his speech to the Greater Kitchener Waterloo Chamber of Commerce, Longworth said, 'In a nutshell, the economy is doing well, and inflation is close to target. The economy is currently judged to be operating at, or just above, its potential, and the outlook to 2008 is for it to remain close to potential.'

Reuters Canada - Toronto stock index powers to record close (5 February 2007) The Toronto Stock Exchange's main index rose to a record close on 5 February. The TSX composite index closed up 55.12 points at 13,166.69, surpassing the previous record close of 13,144.74 set on 1 February. Overall, eight of the TSX index's 10 main groups were higher.

From a Bloomberg News report on this: The benchmark, up in four of the last five sessions, set its third record in a week.

The National Post - Loonie rises on purchasing activity (6 February 2007) The Canadian dollar finished higher on 5 February as survey data showed purchasing activity in Canada topped estimates in January. Much of the session's gains followed data that showed purchasing activity in the Canadian economy accelerated at a faster-than-expected pace in January. 'It's related to some extent to the stronger-than-expected Ivey Purchasing Managers' report,' said Marc Levesque, chief strategist at TD Securities.

The Toronto Star - Building permits hit 11th record (6 February 2007) Construction intentions hit a record high for the 11th straight year in 2006, thanks mainly to soaring demand for residential and non-residential space in Western Canada.

Municipalities issued a record $66.2 billion worth of building permits, up nine per cent from the previous high in 2005. Construction intentions in both the residential and non-residential sectors reached new highs. The value of housing permits surpassed the $40-billion mark for the first time, increasing 5.9 per cent to $41 billion. The value of non-residential permits hit $25.2 billion in 2006, up 14.5 per cent from the previous record in 2005, with gains in all three components - industrial, institutional, and commercial.

The Toronto Star - Record January for home sales (6 February 2007) Good weather at the beginning of the year helped make last month the best January ever for Toronto's housing market.

According to the Toronto Real Estate Board, 5,173 existing homes were sold last month, up 13 per cent from January 2006 and six per cent higher than the 4,869 sales recorded in January 2002—the previous record. 'January's record-breaking performance is an encouraging sign for the year ahead,' said TREB president Dorothy Mason.

CanWest News Service - Harper aims to legislate debt payments (6 February 2007) Prime Minister Harper said in a speech on 6 February his government will introduce a law that guarantees any interest savings from paying down the debt will be invested in tax cuts. The Prime Minister said the government will continue to reduce taxes, control spending, and pay down the debt.

Other topics included the environment. 'Our government understands that global warming is a serious threat to the health and well-being of Canadians,' said Harper. 'For the first time ever, Canada's new government will move to regulate greenhouse gas emissions from major industrial sectors; for the first time ever we will also move to regulate air pollution from major industrial sectors at the national level; for the first time ever we will regulate the fuel efficiency of motor vehicles, beginning with the 2011 model year; and for the first time ever we will set out enforceable regulatory targets for the short, medium and long term.'

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.

For further information on creating invincibility for your nation, please visit:

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