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Good news report from Canada

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8 April 2008

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

11 March 2008

The Canadian Economic Press - January surge in Canadian new home prices (11 March 2008) The price of a new home in Canada rose 0.6% in January from the previous month, Statistics Canada reported. The increase was sharply higher than the plus 0.2% forecast of analysts and the plus 0.1% recorded the previous month.

Statistics Canada - New housing price index (11 March 2008) The cost of new housing accelerated for the second month in a row in January, the result of a strengthening housing market in the Atlantic and Prairie provinces. Nationally, contractors' selling prices rose 6.5% between January 2007 and January 2008, a faster pace than the year-over-year increase of 6.2% in December. Regionally, prices again rose at the fastest pace in Saskatoon, which led the nation with an annual price increase of 51.7%. In the Atlantic region, buyers in Halifax saw prices rise 11.4% from January 2007. Homebuyers in St John's saw a 9.1% gain on a 12-month basis. On the West Coast, the 12-month increase for Vancouver was 6.5% . . . . in Ontario, contractors' selling prices were 4.2% higher than in January 2007 in Toronto. . . . In Montreal, the 12-month growth rate rose to 4.6%, while in Quebec, prices increased 6.3%.

The Globe and Mail - Housing starts top expectations (10 March 2008) In an echo of Friday's much stronger than expected jobs report for February, Canadian housing starts also surged past Bay Street forecasts last month. The numbers further highlight the still relatively robust state of Canada's economy. The seasonally adjusted annual rate of housing starts hit 256,900 housing units last month, Canada Mortgage and Housing Corp. said. This outstripped the consensus forecast of private sector economists by 51,900 units, and was up 15.4 percent from 222,700 in January. The biggest gains came in British Columbia, where urban starts climbed 45.2 per cent. Quebec was next, with a 26.2 per cent increase, followed by 16.9 per cent in Atlantic Canada and 16.4 per cent in Ontario. . . . 'activity in the Canadian housing market will likely remain in fairly good shape through 2008 on account of the strong labour market conditions, record wage growth and favourable mortgage rates,' Toronto-Dominion Bank economist Millan Mulraine said.

From a Bloomberg News report on this: The Canadian housing sector, boosted by record employment levels, has underpinned the country's economic growth in recent years and now may benefit from lower interest rates that make it easier for consumers to buy homes.

From a CanWest News Service report on this: 'Even after factoring in trend growth in household formation over these three decades, the current level is astonishing,' said Pascal Gauthier, economist at TD Economics. 'Residential construction in Canada continues to . . . provide solid support for our domestic economy,' BMO Capital Markets economist Robert Hogue said. The combined January-February average of 240,000 units should feed positively into residential construction activity GDP data for the first quarter, providing a much-needed boost to the economy.

The Financial Post - Canadian exports rise at their fastest pace in over a year (11 March 2008) First employment, then housing, and now exports are the latest Canadian economic indicator to surprise watchers with strong growth. Exports rose at their fastest pace in more than a year in January. As a result, Canada's trade surplus with the world rose to C$3.3 billion from C$2.3 billion in December.

From a Reuters Canada report on this: Exports surged 3.6 percent in January to C$37.98 billion, the fastest growth since December 2006. The trade surplus with the United States swelled to C$6.2 billion in January from C$6.01 billion in December as Canadian exports to the United States grew more sharply than imports.

From a Canadian Press report on this: At the same time, the deficit with countries other than the United States narrowed to C$2.9 billion, primarily because exports to 'all other countries' rose significantly.

The Toronto Star - Canada leads book industry in eco-friendly production 11 March 2008) Among Canadian publishers, 115 accounting for between 60 and 75 per cent of the market here, have implemented ecologically improved paper-purchasing policies, according to a report by Markets Initiative, a Canadian environmental organization. 'The rest of the world has seen the environmental imperative and is using the model that we've set up in Canada to work with their industries,' said David Leonard of Markets Initiative.

CBC News - Quebec road death toll hits 60-year low (11 March 2008) Quebec Transport Minister Julie Boulet says drivers are behaving better and the province's highway death toll reached a 60-year low in 2007. The Quebec legislature adopted new road safety laws in December on the recommendation of the province's road safety task force. Jean-marie De Koninck, who chaired the committee, said the drop in deaths is surprising but there is still room for improvement.

The Toronto Star - At council, green rises to the top (5 March 2008) Toronto City Council continued its environmentally friendly ways with unanimous consent to increase the city's fleet of energy-efficient vehicles and to make it easier for homeowners and businesses to install renewable energy equipment. 'We don't see a lot of unanimous votes at council,' Councillor Gord Perks said. 'That's three in a row for green initiatives'—these two proposals plus the overall Climate Change plan embraced totally last year.

The Canadian Press - Strait of Georgia could be renamed Salish Sea (9 March 2008) British Columbia's Aboriginal Relations Minister Mike De Jong is reacting enthusiastically to a pitch from a Vancouver Island First Nation to rename the Strait of Georgia. The proposal would see the body of water between Vancouver Island and the BC mainland become the Salish Sea to honour aboriginal settlement of the area that predates European exploration by thousands of years. The term Salish refers to Coast Salish, the original language of the aboriginal inhabitants of the protected coast, including present-day Vancouver, the Sunshine Coast, the east coast of Vancouver Island, and the Gulf Islands.

From a Globe and Mail report on this: Premier Gordon Campbell has asked British Columbians to consider the possibility of changing the name of the Strait of Georgia to the Salish Sea. The idea, the Premier said, is 'really a matter of political respect and recognizing that the history of British Columbia goes well beyond the history of Europeans coming to these shores.' The Premier told reporters, 'We have said as a government we will consider various first nations names in different parts of the province.' The Premier referred to the renaming of the Queen Charlotte Islands with another name, Haida Gwaii, or 'our land' in the Haida Nation's language.

From another Globe and Mail report on this: British Columbia is currently marking its 150th anniversary. 'I think the notion of reaching back into the province's true history, a history that actually extends far beyond 150 years . . . is an idea whose time has come,' Aboriginal Relations Minister Mike de Jong said. Aboriginal place names are common throughout Canada (the nation takes its name from an aboriginal word) and renaming is not uncommon.

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 © 2008 Global Good News(sm) Service

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