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Good news report from Canada

Global Country of World Peace    Translate This Article
23 July 2007

11 July was the 11th day of the first month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

11 July 2007

The Globe and Mail - Canada's housing market keeps on booming (11 July 2007) Canada's resale housing market is still firing on all cylinders, with the average price of a home racing to record highs in June. The average price of an existing home jumped 10.4 per cent last month from a year ago to C$335,180, according to the Canadian Real Estate Association (CREA). Average prices rose to previously unseen levels in Victoria, Regina, Saskatoon, Winnipeg, Kitchener, Ottawa, Montreal, and Halifax. Sales edged 0.3 per cent higher to 37,632 in June from May, reaching their highest monthly level on record for the third straight time. The record number of home sales was fuelled by rampant buying in Vancouver, Hamilton, Montreal, and Toronto. By just about every measure, the second quarter of 2007 proved to be a stellar one for the housing market. Seasonally adjusted home sales reached 93,164 units, a 3.2 per cent rise over the previous record set in the first quarter. The record number of second-quarter transactions were fuelled by activity in Toronto, along with Regina, Saskatoon, Winnipeg, London, Hamilton, Kitchener, Ottawa, Montreal, Quebec City, Saint John, and Halifax. 'Year-to-date sales activity continues to run ahead of levels recorded last year in most major markets,' CREA said. 'With sales having set consecutive quarterly records in the first and second quarters of this year, activity is on track for a new annual record in 2007.'

From a National Post report on this: The party in Canada's resale housing market continued in June, with both monthly and quarterly records falling by the wayside. For the first half of the year, there were 203,560 transactions, up nine per cent from the same period last year, the first time that sales activity surpassed 200,000 units in the first six months of any year. 'Canada's resale housing industry is a driving force behind the national economy, with the average MLS home sale generating C$32,200 in additional consumer spending above and beyond the purchase price,' said CREA president Ann Bosley.

From a CBC News report on this: Sales surpassed all expectations in the first half of 2007 and seem headed for a full-year record despite higher interest rates, CREA chief economist Gregory Klump said.

Canadian Press - Non-residential building construction hits record high in second quarter (11 July 2007) Heavy spending on office buildings in Alberta and Ontario pushed investment in non-residential building construction to another record high between April and June. Second-quarter investment hit C$9.9 billion, up five per cent from the first quarter. Nationally, all three components registered second-quarter gains, with investment in the commercial component leading the way with a 6.3 per cent increase to C$5.9 billion. Investment in the institutional component rose 2.4 per cent to C$2.6 billion and investment in the industrial component increased 4.3 per cent to C$1.5 billion.

From a CBC News report on this: 'Western Canada's dynamic economy continued to spark the non-residential sector,' Statistics Canada said. 'Other contributing factors included a strong labour market, high profits recorded by Canadian corporations, strong consumer demand for durable goods and declining vacancy rates in large urban centres.'

The Calgary Herald - Extension to Afghan mission not in Harper's plan (11 July 2007) Prime Minister Stephen Harper said Tuesday his government has no plans to prolong Canada's combat role in Afghanistan beyond its February 2009 commitment. Harper reaffirmed his government's plans to seek a 'reasonable degree' of parliamentary support before considering an extension to the current Afghan mission or agreeing to a new one. But when asked whether he has any desire to prolong the combat mission in southern Afghanistan beyond 2009, Harper said: 'No.' Some political observers have suggested the Harper government has undoubtedly softened its stance in recent weeks on whether to extend the Afghanistan mission due to eroding public support. David Bercuson, director of the Centre for Military and Strategic Studies at the University of Calgary, said Harper is rethinking his strategy as it becomes clear there won't be majority support in the House of Commons for the initiative.

The Toronto Star - Mining sector lifts TSX (11 July 2007) The Toronto stock market finished higher Wednesday. The TSX composite index climbed 34.16 points to 14,166.09. Peter Buchanan at CIBC World Markets says CIBC World Markets is looking for second-quarter profits in Canada to rise about 10 per cent from a year ago.

From a Bloomberg News report on this: Canadian stocks advanced for the fourth time in five days. The benchmark has risen 9.7 per cent this year and is within 0.1 per cent of its 9 July record.

Canadian Press - Householders more environmentally aware: study (11 July 2007) A Statistics Canada survey of more than 28,000 households conducted in 2006 found that close to six in ten now use compact fluorescent bulbs—triple the proportion since the mid-1990s—and more than four in ten have a programmable thermostat, compared to 16 per cent in 1994. Six in ten households had a water-saving showerhead in 2006, compared to more than four in ten in 1994. Chemical pesticide use was down slightly in 2006 from 1994, while in Quebec, the share of households applying lawn-and-garden pesticides plunged by half to 15 per cent. Statistics Canada plans to conduct a similar survey every two years, study author John Marshall said. 'It is the topic of conversation and I don't think it's one that's going to go away, and it's also something that is really the backbone of a lot of the policy coming out of all levels of government.'

From a CanWest News Service report on this: Curbing energy use is a big trend and Canadians are more dedicated to water conservation. Composting has become slightly more popular, with 27 per cent of households doing it in 2006 compared to 23 per cent a dozen years earlier. The increase was especially pronounced in the Atlantic provinces. In general, Canada's largest cities had the lowest rates of car use and more people using public transit.

Canadian Press - Governor General out to cement ties with Brazil (10 July 2007) Prime Minister Harper arrived in Colombia on Sunday and will go on to visit Chile, Barbados, and Haiti. Governor General Michaelle Jean is already in the region, on a 10-day state visit to Brazil. Both trips are part of the government's new push to make the region a priority for trade and co-operation. As for Brazil, Jean says there are already myriad links between the two countries that simply need to be further strengthened. There are the cultural ties and academic ties that see approximately 12,000 Brazilian students attend Canadian institutions. Brazil is Canada's third-largest export market, and the largest investor in Canada from Central and South America. Jean told the Brazil-Canada Chamber of Commerce that Canada is hoping to double that trade level by 2012. 'What Brazil really wants, and President Lula says it very openly, and what Canada wants, is a very strong and deep partnership in so many sectors.' She says Canada is wise to foster a closer relationship with this influential country of 185 million people. 'There's something really important that's happening right now in Latin America. You have some countries that are really emerging as the new global powers, and Brazil is certainly the leader in that new synergy and new energy in Latin America.'

From a Globe and Mail report on this: 'We are delighted with the vitality of trade relations between our two countries and we are going to continue building on this potential in the years to come,' Ms Jean told Canadian and Brazilian business executives in Sao Paulo. Ms Jean called the country Canada's 'most important trading partner in South America.'

The Montreal Gazette - Brazilian president praises Canada during state visit (11 July 2007) Brazilian President Luis Inacio 'Lula' da Silva called Gov. Gen. Michaelle Jean the 'living expression of a Canada we have learned to admire' at her visit to his presidential palace. 'It's a country open to the outside, which joins peoples and languages, and that in its rich diversity, is a mirror of the world,' Lula said. The talk between both leaders was the apex of her state visit to Brazil, which seeks to boost trade relations and the exchange of knowledge between the nations. Both countries seem eager to strengthen economic, cultural, and educational ties. Accompanying Jean is a delegation of top diplomats, scholars, and artists. Lula spared no efforts to make Jean feel welcome.

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.

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Copyright © 2007 Global Country of World Peace

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