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18 August 2007
10 August was the 10th day of the second month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:
10 August 2007
The Toronto Star - Jobless rate at 30-year low (10 August 2007) The national jobless rate surprisingly fell to its lowest level in over 30 years. Despite a turbulent few weeks on North American stock markets, the latest economic data 'just reinforces the point that the economic fundamentals for Canada are still quite strong,' said Doug Porter, chief economist at BMO Nesbitt Burns. Canada's unemployment rate fell to 6 per cent last month from 6.1 per cent in June, the lowest rate since 1974, according to Statistics Canada. There was a net gain of 11,300 jobs. 'But there was a lot more strength here than met the eye,' Porter said. There were also 20,000 new manufacturing jobs created in Canada, along with 25,000 new positions in the professional, scientific, and technical sectors and 17,000 more in transportation and warehousing.
From a Bloomberg News report on this: Construction added 2,600 workers in July for a 12-month gain of 64,600, while retailers and wholesalers hired 16,200 workers. Canada has added about 350,800 jobs in the past year.
From a Globe and Mail report on this: The average Canadian employee was paid 3.7 per cent more an hour than in July of last year, accelerating from June's 3.5 per cent rate and the fastest since August 2006. This marked the third consecutive monthly gain above 3 per cent. 'The main point here is that the Canadian labour market remains incredibly healthy, with employment up 2.1% from a year ago and the jobless rate at a new multi-decade low,' Douglas Porter, deputy chief economist at Bank of Montreal, said.
From a Statistics Canada report on this: Employment growth has been 1.3% so far in 2007, similar to the first seven months of 2006. Alberta's estimated employment increase of 14,000 in July contributed to total gains of 61,000 (up 3.2%) so far in 2007. In New Brunswick, growth has been steady since September 2006, up 3.6% or 13,000.
From a CTV News report on this: 'What it says is that the Canadian economy remains good and strong,' said BNN's (Business News Network) Michael Kane to CTV. Alberta's employment rate was back to its record high of 71.6 per cent. In Ontario, 27,000 new manufacturing jobs were created, the sector's first major increase in more than a year. Quebec has gained 69,000 jobs this year, keeping their unemployment rate at a 33-year low for the second consecutive month in July.
Bloomberg News - Canadian Dollar Rises as Jobless Rate in July Falls to Lowest Since 1974 (10 August 2007) Canada's dollar rose as the nation's unemployment rate unexpectedly fell to the lowest since 1974 and hourly wages advanced, boosting expectations the nation's economic expansion will continue. 'This is a pretty solid report for Canada,' said Steve Butler, director of foreign exchange trading at Scotia Capital. Canada's dollar rose 0.5 per cent to 94.97 U.S. cents at 4:16 p.m., gaining the most on the U.S. dollar among the most actively traded currencies.
Statistics Canada - New Housing Price Index (9 August 2007) New housing prices increased 7.8% from June 2006. On a monthly basis, prices in June were up 0.7% from May. Saskatoon's new housing market continued to experience strong growth, setting another record year-over-year increase (up 48.4%). Regina also felt the effects of a hot housing market, posting a record increase of 22.5% over June 2006. Prices in Edmonton saw a 31.9% increase while Calgary had a 14.7 per cent year-over-year increase. New housing prices increased 11.5% in Winnipeg, while a robust market in Vancouver pushed prices up 9.6%. Hamilton remained strong, registering a 5.7% year-over-year increase, followed closely by London (up 5.2%). Halifax prices were 7.1% higher than in June 2006, the largest increase of all Maritime census metropolitan areas. On a monthly basis, Saskatoon showed the highest value with an increase of 8.8%, followed by Winnipeg (up 5.2%).
The National Post - Halifax plans to 'harvest' ocean to cool city building (10 August 2007) The Halifax Regional Municipality plans to store ocean water underground during the winter for use in the summer for air conditioning the Halifax Regional Municipality's building in Dartmouth. The C$2.5-million retrofit will include the world's first geothermal energy storage technology. 'We're certainly not the first to do district cooling and heating, but we're the first ones to start figuring out how to store sea water,' said HRM councillor Andrew Younger. The geothermal system will result in annual energy savings of C$250,000 and should pay for itself within 10 years, according to Younger. The system will also reduce greenhouse gas emissions by 900 tonnes per year.
The Globe and Mail. - Mountain-pine-beetle invasion retreats in Alberta, experts say (10 August 2007) 'We might be on the cusp of a negative growth, a collapse [in beetle numbers],' said Allan Carroll, one of Canada's leading pine-beetle experts. 'It's all good news for the Alberta population.' Mountain pine beetles seemed poised to inflict devastation to forests in Alberta. But scientists have found last winter was a lot harder on the bark-boring bugs than they expected because of a timely cold snap. Very few beetles higher than a metre or so up the tree trunk survived, said Mr Carroll, who works with the Canadian Forest Service. 'I'm feeling optimistic, to tell the truth,' Mr Carroll said.
The Vancouver Sun - Good news on climate change: We're using a lot less water (10 August 2007) The Greater Vancouver Regional District (GVRD) has some good news: People are using significantly less water. A progress report shows that average per-capita consumption dropped to 559 litres per day in 2006 from 728 litres in 1986. The drop is so great that the startup date for the second intake system has been delayed to 2018 or later from an estimated 2014. Stan Woods, a senior engineer in the GVRD's policy and planning department, attributes the decline in part to mandatory use of low-flow plumbing elements in new homes. Other factors include a switch to more water-efficient appliances and water conservation education programs aimed at schools, the public and business.
CanWest News Service - North needs more research on global warming impact: PM (10 August 2007) In the middle of a three-day trip to the North, Prime Minister Harper acknowledged that northern communities are being affected by climate change more than other parts of Canada. He said his government has already set aside funding to help the territories with climate adaptation and intends to look for other solutions in the future. Harper said local business and political leaders told him about their concerns over climate-related threats to northern communities and businesses. 'That's an issue we're going to have to take seriously moving forward,' said Harper. Brendan Bell, industry minister in the Northwest Territories government, said the discussion with Harper was positive.
Canadian Press on Premiers agree on some climate change steps (10 August 2007) The annual premiers' conference ended on Friday with the provincial and territorial leaders announcing progress on biofuel development and more study on carbon sinks through tree planting and agriculture. Alberta Premier Ed Stelmach said the provinces have agreed to work toward a 'very aggressive reduction' in greenhouse gas emissions. He noted that Canada's Arctic is paying a large price for climate change. 'I would sooner support my neighbours to the north in adapting to the changing climate as opposed to sending their credits to another country and still buying the licence to pollute the same amount in my own jurisdiction,' Stelmach added. B.C.'s Premier Gordon Campbell said some of the steps taken by the premiers, such as agreeing to using a national climate registry as a common way of measuring greenhouse gases, are significant. He was also pleased that almost all of the provinces accept California's standards on the reduction of tailpipe emissions for vehicles. 'We have made progress,' he said. The premiers also say they are 'moving forward' in strengthening domestic trade between the provinces by reducing barriers.
From a Reuters Canada report on this: The premiers also committed to boosting use of renewable energy sources such as wind, tidal, and hydro power.
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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