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13 December 2007

26 November was the 26th day of the fifth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

26 November 2007

The Canadian Press - Ontario and Quebec sign deal to lower interprovincial trade barriers (26 November 2007) Quebec Premier Jean Charest signed a deal on Monday with Ontario Premier Dalton McGuinty to begin negotiations to eliminate red tape and unnecessary regulations that restrict business and labour. 'We will work together to create more economic growth, prosperity and wealth . . . ,' Charest said. Mr McGuinty touted the importance of removing interprovincial trade barriers to the Canadian economy. 'We can do some great things together. . . . We are neighbouring provinces and we have powerfully intertwined economies. What more might we do for each other?' McGuinty said. Negotiators will look at harmonizing regulations, making it easier for companies to operate in both provinces—boosting what's now about C$70 billion a year in interprovincial trade. Mr Charest said Ontario is by far Quebec's largest trading partner.

The Globe and Mail - Business gets better at the business of disclosure 26 November 2007) There has been a dramatic shift in the disclosure realm over the past year, a Report on Business (ROB) review of corporate governance trends reveals. This year, 40 per cent of companies in the TSX composite index disclosed the dollar value of all compensation elements earned by the CEO in the past year, including the estimated value of stock options, compared with 16 per cent of companies providing this last year. And 58 per cent of companies provided information on the total compensation of each of their directors in the past year, up from 27 per cent last year. The expanding disclosure has helped push a growing number of companies into the top tier of ROB's annual ranking of Canadian companies' corporate governance practices that assesses a variety of governance issues.

The Toronto Star - Getting the geothermal ball rolling (26 November 2007) A number of stakeholders met at RBC Financial in Toronto last week to discuss ways to spur the large-scale deployment of geo-exchange energy systems for the heating and cooling of buildings, both as a way to reduce greenhouse gas emissions and as a way to save owners of buildings and homes a bundle of money over time. Geo-exchange technology, also known as geothermal, takes advantage of the constant temperatures two metres or more below the Earth's surface. It's renewable and free of greenhouse gas emissions, and while it requires electricity to operate a pump, it considerably reduces the fossil fuels or power used by conventional heating and cooling systems.

Hundreds of schools across the Greater Toronto Area have a mandate to be green and a need for energy savings—which could be in the order of 30 per cent a year if existing systems were enhanced with geothermal. The session ended with a challenge that RBC back a C$100 million pilot project to retrofit 30 schools in Toronto with geothermal systems. The point would be to test a funding model that would provide easy and cheap access to retrofit capital and prove that it's a business opportunity that could be expanded into billion-dollar funds in different sectors. RBC accepted the challenge. 'Let's make it happen,' said David Moorcroft, senior vice-president of corporate communications at the bank.

The Toronto Star - Ante up for eco-friendly? Sure (24 November 2007) The TD Canada Trust Green Building Poll, conducted by Ipsos Reid to examine Canadians' views on environmentally friendly housing, found that 73 per cent of Canadian homeowners, or those considering buying a home, say they would pay a premium for environmentally friendly features. Among those considering a purchase in the next two years, this propensity increases to 85 per cent. 'Over the last few years, we've seen an increased awareness of environmental building features among Canadian homeowners and prospective buyers,' says Joan Dal Bianco, vice-president, Real Estate Secured Lending at TD Canada Trust. 'But until recently, many homeowners were not willing to pay extra for green features. That seems to be changing as Canadians are realizing the multiple benefits of green buildings and retrofits.'

The Toronto Star - Lowrise bar hits new height (24 November 2007) The green building bar for lowrise subdivisions has been raised with two projects in the Greater Toronto Area. Rodeo Fine Homes calls its EcoLogic enclave in Newmarket the 'greenest housing development in Canada', while Monarch calls its Evergreen development in Scarborough 'Canada's largest lowrise green residential community'. Monarch is being developed in partnership with the Toronto Economic Development Corporation, whose CEO Jeffrey Steiner says the Evergreen site will triple the number of LEED [Leadership in Energy and Environmental Design] lowrise homes in North America. There is agreement that these projects are part of a new era. 'For me, this LEED platinum project is so far beyond anything I have ever been involved with, R2000 or Energy Star, but it feels like we are truly beginning to transform the way homes are built,' said Lenard Hart, a consultant on EcoLogic and co-creator of the Energy Star for Houses in Ontario program. 'We had to develop new channels. Builders have a fairly small circle of suppliers and we went to them first and made them part of the process, but asked them to bring in what we needed. That's part of the social transformation,' Hart said.

The Calgary Herald - Alberta company's turbines spin wind into gold (26 November 2007) Interest in Alberta in renewable energy generally—and wind power in particular—is very high. Alberta currently has about 500 megawatts of wind power, which is becoming increasingly competitive with other forms of generation, but has no fuel costs and is environmentally benign. Greengate Power Corp. has aggressive plans to develop up to 950 megawatts of generation at six sites in Alberta. The firm is not the only one anxious to take advantage of a very positive climate in this province for wind power development. Wind power advocates and government officials believe that as many as 3,000 megawatts, or nearly C$7 billion in wind power projects, could be developed in Alberta in the near term, with up to 5,500 megawatts, or more than C$12 billion, longer term. 'There's a tremendous amount of anticipation that there will be some major developments in Alberta,' Energy Minister Mel Knight said recently.

The Globe and Mail - Youth crime panel pushes prevention over enforcement (24 November 2007) Prevention, not tougher enforcement, is the way to end youth crime, the co-chairmen of an Ontario review into violence among young people said. Former Ontario chief justice and attorney-general Roy McMurtry and former speaker of the legislature Alvin Curling gave an interim report on their review of the roots of youth violence in the province. 'I've said this in the past on more than one occasion . . . that the youth criminal justice system has but a marginal influence on the causes of crime in the community,' Mr. McMurtry said. 'And people who have looked at this area seriously in all orders of government know that the emphasis on crime prevention is much more important.'

The Globe and Mail on B.C. court rules Tsilhqot'in Nation proved title to land (24 November 2007) Judge Vickers of the British Columbia Supreme Court handed the Xeni Gwet'in people a significant victory, declaring they had established aboriginal title to a large portion of their traditional territory—roughly 200,000 hectares in the BC Interior. But the claim was made on an all-or-nothing basis and the judge said he could not therefore formally hand over the lands. The band will have to enter negotiations if they want full ownership. The decision also accepted that the band has aboriginal rights in its traditional territories, rights that cannot be trampled with resource extraction. The initial case was filed when the band sought to block logging in their traditional territory. Key to this case is the court's 1997 Delgamuukw decision that established that aboriginal title is a right protected under the Constitution and that title lands must not be used in a way that is irreconcilable with the nature of the band's attachment to the land.

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 Good News(sm) Service

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