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23 February 2008
22 January was the 22nd day of the seventh month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:
22 January 2008
The Canadian Press - Retail sales surge to third increase in four months in November (22 January 2008) Overall retail sales rose by 0.7 per cent in November to an estimated C$34.8 billion. Sales rose in five of eight retail sectors. Strong gains were recorded in sectors traditionally associated with Christmas shopping, such as general merchandise stores (up 2.3 per cent), furniture, home furnishings, and electronics stores (1.4), clothing and accessories stores (1.2) and food and beverage stores (0.9).
From a Financial Post report on this: 'It is clear that the Canadian consumer remains generally well positioned thanks to resilient underlying fundamentals,' said Charmaine Buskas, senior economics strategist for TD Securities. 'The job market remains healthy, wage gains are robust and the Canadian dollar has given consumers renewed purchasing power. We expect to see real retail sales growing at about a 3% annualized pace for the fourth quarter.'
Statistics Canada - Retail trade (22 January 2008) After showing signs of moderating in mid-2007, retail sales returned to the rapid growth rate that started in 2004. In November, general merchandise stores experienced their second strongest monthly sales gain since the beginning of 2007. This recovery in general merchandise store sales coincided with the recovery of sales by clothing and accessories stores (up 1.2%) in November. Sales in the furniture, home furnishings and electronics stores sector (up 1.4%) gained momentum in November after a lull in October, posting its second largest sales increase since the beginning of 2007. The main factors responsible for this growth were home electronics and appliance stores (up 3.4%) and furniture stores (up 2.1%).
Bloomberg News on Bank of Canada lowers main interest rate (22 January 2008) The Bank of Canada lowered its main interest rate a quarter point to 4 per cent as forecast, the lowest since May 2006, at a regularly scheduled meeting. The Bank of Canada may make deeper rate cuts this year, economists said. Still, they said, policy makers won't make surprise cuts before their next meeting on 4 March because a commodities boom and wage gains continue to prop up Canadian consumer spending.
From a Canadian Press report on this: From the text of Tuesday's Bank of Canada statement: Despite some slowing in growth in the fourth quarter, the Canadian economy continues to operate above its production capacity . . . domestic demand in Canada is projected to remain strong. This strength is supported by continued income growth associated with the increase in commodity prices since October, which has led to further gains in our terms of trade.
The Canadian Press - Number of Canadians receiving EI drops for fourth straight month in November (22 January 2008) About 446,030 Canadians received Employment Insurance benefits in November, down 5,790 from October and 8.4 per cent from November 2006. It was the fourth straight monthly decline and was widespread.
The Toronto Star - McGuinty remains upbeat on economy (22 January 2008) 'I've asked some really hard questions of some very thoughtful experts, both inside and outside of government, and all the best advice that we continue to receive is that we will continue to experience positive growth in the Ontario economy,' McGuinty told reporters. 'We will continue to be challenged on the manufacturing jobs front, but we will continue to see job growth in the services sector. Remember, 85 per cent of jobs continue to be found in the services sector.' McGuinty rallied behind the prime minister's assertion Canada is in good economic shape. 'The fundamentals in Canada are sound. . . . We continue to run [trade and budget] surpluses here in Canada.'
From a Canadian Press report on this: 'I think you've got to guard against irrational pessimism,' said McGuinty. 'My message to Ontarians is, let's be thoughtful. I think we have every reason to remain confident about the economy.'
The Canadian Press on outlook for Canadian cities in 2008 (22 January 2008) The Conference Board says cities in Western Canada will continue to lead the country in terms of growth this year, although the east-west economic gap is narrowing. The Conference Board's metropolitan outlook for 2008 finds western cities occupying the top five spots on the list of 27 metropolitan areas, with Calgary leading the pack with an expected 4.2 per cent gain in gross domestic product. Edmonton, follows a close second with a 4 per cent forecast gain, with Winnipeg (at 3.9 per cent), Vancouver (3.3 per cent) and Abbotsford, BC, (3.3 per cent) rounding out the top five. But there were five cities east of the Ontario-Manitoba border that made the top 10 list for 2008, as opposed to only two that made the grade last year. Toronto, Quebec City and Halifax tied for sixth place with a growth forecast of 2.8 per cent, and Kitchener, Ontario and Ottawa-Gatineau are expected to advance by 2.7 per cent.
CanWest News Service - More Canadian youths choosing to butt out (22 January 2008) The prevalence of smoking among Canadian teenagers has seen a massive cut in recent years, according to figures released by Health Canada. The Canadian Tobacco Use Monitoring Survey showed the number of current smokers between the ages of 15 and 19 took an 11 per cent dip between 2000 and 2007. In the reporting period of February to June 2007, 15 per cent about 2.17 million people in that age group were considered smokers. Of those, about 9.1 per cent claimed to be daily smokers. During the same period in 2000, 26 per cent reported smoking habits, with 17 per cent smoking on a daily basis. The survey also shows smoking decreased in all other age categories. In 2000, 33 per cent of people ages 20-24 were smokers, with 25 per cent daily smokers. Seven years later, that number dropped to 24.5 per cent, with just 15 per cent puffing regularly. Those aged 25 and over saw similar declines.
The Cape Breton Post - Nova Scotia youth top non-smokers in Canada (22 January 2008) In 2000, Nova Scotia had the highest smoking rate among youth in the country at 31 per cent, but seven years later, it is now the lowest with only 12 per cent of youth aged 15 to 19 smoking. Nova Scotia's overall smoking rate was also the highest in Canada in 2000, with 30 per cent of the population smoking. The latest results show 20 per cent of Nova Scotians currently smoke.
From a CBC News report on this : 'This is great news and only increases our resolve to continue protecting the health and safety of our population when it comes to the dangers of tobacco use,' said Minister of Health Promotion and Protection Barry Barnet.
Daily Commercial News - Lateral thinking catches a wave (18 January 2008) 'We cannot solve our problems with the same thinking we used when we created them.' —Albert Einstein
Einstein would now be called a lateral thinker—someone who could step off to one side to get a different view of a problem. Think differently, he was telling us, or you'll end up with more of the same. The Bay of Fundy has been the focus of much speculation because its tidal flows are the largest in the world. Now, the Nova Scotia government is setting up a research facility to test underwater turbines to convert that tidal energy. This experimental work is of vital importance. Automobile manufacturers are looking more and more toward electric vehicles that would need to be plugged in to recharge. There is little 'green' about a car if the electricity used to charge its batteries comes from a coal-fired power station. We need 'green' electricity to have 'green' electric cars. It's refreshing to see the sort of lateral thinking that has gone into these turbines. With lateral thinking, we can capture some of the ocean's vast energy.
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: www.globalgoodnews.com/invincibility.
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