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Good news report from Canada

Global Country of World Peace    Translate This Article
18 March 2007

14 March was the 14th day of the ninth month of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

14 March 2007

The Globe and Mail - House prices keep climbing (14 March 2007) The average price of a home rocketed to a record high of $311,101 in February, a 10 per cent leap from last February, the Canadian Real Estate Association said. Average prices hit new highs across the country, including Calgary, Edmonton, Toronto, Hamilton-Burlington, London and St. Thomas, Ottawa, Quebec City, and Saint John. 'What we are seeing is a well-balanced, healthy market,' Douglas Porter, deputy chief economist at BMO Nesbitt Burns said.

Existing home sales in major markets across the country dipped 1 per cent from January's record level, but February sales are the second-highest level ever reached. 'A 1 per cent decline from a record high seems insignificant. The fact is that activity remains very strong,' CREA Chief Economist Gregory Klump said. 'Resale housing activity in the first quarter is on course to set a new quarterly record.' National Bank Financial economist Marc Pinsonneault said that although the Edmonton, Calgary and Saskatoon markets are red-hot, the renewed strength seen in February stretched across the entire country.

From a Bloomberg News report on this: 'Recent mortgage interest rate cuts, together with a strong job market and rising incomes, will help to keep homebuyer sentiment upbeat,' CREA's Chief Economist said. Canada's jobless rate matched a three-decade low in February. The average five-year fixed mortgage rate fell to 6.49 per cent last week from 6.65 per cent at the end of February, bringing it closer to a half-century low of 5.7 per cent set in June 2005.

Canadian Press - Booming revenues give Flaherty budget flexibility (14 March 2007) Higher than projected government revenues are giving Finance Minister Jim Flaherty more room to hand down a budget Monday that includes a healthy dose of tax cuts, economists say. The government's planning surplus is expected to approach $8 billion for the next fiscal year thanks to continuing strong employment growth and high corporate profits. That gives Flaherty the manoeuvrability to provide up to $3 billion in tax cuts for individuals.

Canadian Press reports (14 March 2007) A total of 144,136 vehicles were sold in January, second only to December's 149,044 over the last year and a half.

The Toronto Star - Prime Minister pledges conservation cash (14 March 2007) Saving ecologically sensitive lands got a big boost with the announcement of $225 million in federal funding today. 'It's the best thing to happen in conservation in a long, long time,' said John Lounds, president of the Nature Conservancy of Canada, a partner in the initiative. Today's funding, to be matched by private donations, is expected to preserve 500,000 acres of land in southern Canada. Priority will be given to lands that are nationally or provincially significant, that are home to species at risk or migratory birds or that abut existing protected spaces. Landowners will be approached with proposals to either donate or sell the land outright or sign agreements to ensure it is protected.

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:

For information about Maharishi's six-point programme to create a healthy, happy, prosperous society, and a peaceful world, please visit: Global Financial Capital of New York.

Copyright © 2007 Global Country of World Peace

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