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12 April 2008
19 March 2008 was the 19th day of the ninth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:
19 March 2008
The Financial Post - Canadians more confident about economy's future (19 March 2008) Canadians are finally more positive about the future of the nation's economy, according to a poll conducted 10-13 March by market research firm TNS. Their 'expectations index', which measures consumers' outlook for the economy in six months time, rebounded in March after three successive months of falling. According to the study's authors 'current perceptions are down slightly but still very positive; half of all Canadians believe the economy is either very or fairly good'. TNS vice president Richard Jenkins commented, 'Canada's strong labour market is supporting a positive outlook and leading Canadians to resist a doom and gloom view.' He also noted Canada's strong domestic demand.
Bloomberg News - Canada wholesale sales rise at fastest in 13 months (19 March 2008) Canadian wholesale sales rose at the fastest pace since 2006 in January to C$44.1 billion. The 2.6 per cent gain in sales was the biggest since December 2006, Statistics Canada said. Six of seven industry sectors recorded higher sales in January. The report shows wholesalers benefited from a recovery in the trade balance during January. Statistics Canada said 11 March that exports rose 3.6 per cent in January, the fastest since December 2006.
From a Reuters Canada report on this: Canadian wholesale trade in January rose over twice as much as expected. The data outperformed the market's expectation of a 1 per cent gain.
From a Canadian Press report on this: Sales in constant dollars, which remove the impact of price changes to provide an indicator of volume sales, rose 3.3 per cent.
From a Canadian Economic Press report on this: Regionally, nearly all provinces and territories recorded higher wholesale sales in January.
The Canadian Press on annual inflation rate falls to six-month low (18 March 2008) Canada's inflation rate tumbled to its lowest level in six months in February as the strong dollar continued to give consumers a break. Consumer prices last month were 1.8 per cent higher than a year ago, down significantly from January's 2.2 per cent rate. Statistics Canada's report was seen as leaving the Bank of Canada room to keep cutting interest rates to boost economic activity without stoking inflation.
From another Canadian Press report on this: Prices fell dramatically for many items in February. The cost of purchasing or leasing an automobile slid by 6.8 per cent from last year, the steepest decrease since February 1956. Fresh vegetables fell 16.9 per cent, their biggest drop in 12 years, and fresh fruit dropped 14.5 per cent. As well, prices for computer equipment and supplies, particularly laptops, crashed 15.4 per cent in February.
From a Reuters Canada report on this: ' . . . I would still say that Canada has got much less of an inflation problem than basically everywhere else in the world,' said Doug Porter, deputy chief economist at BMO Capital Markets.
The Financial Post - Fund inflows indicate strong start to RSP season (18 March 2008) Canadian mutual fund inflows climbed to C$6.13 billion in February. This was 20% higher than the 1995 to 2007 average of C$5.13 billion, indicating that RSP season started strong, UBS strategist George Vasic said.
The Calgary Herald - Calgary has lowest office vacancy rate in the country (18 March 2008) In a review of Canada's office market in the first quarter, commercial real estate firm CB Richard Ellis (CBRE) said Calgary's overall office vacancy rate—combining the suburban and downtown markets—is 4.3 per cent and remains the tightest in the nation. In the downtown office market, Calgary's vacancy rate of four per cent was behind only Vancouver at three per cent and Ottawa at 3.3 per cent. The confidence in the Calgary office market is evident by the amount of construction taking place. In the first quarter of this year, there is 5.957 million square feet of office space under construction in Calgary's downtown compared with 11.664 million square feet across the country in the 10 major centres surveyed by CBRE. In the suburban market, Calgary has 3.662 million square feet under construction compared with 7.026 million square feet nationally. In the first quarter of this year, the national office market vacancy rate dropped to 6.4 per cent from 6.7 per cent at the close of 2007. The national downtown core market vacancy rate for Class A office space declined to a low of 4 per cent from 4.6 per cent at the end of 2007.
The Toronto Star - Downtown offices remain at premium (19 March 2008) Downtown Toronto office space remains exceptionally tight, with the vacancy rate in the first quarter plummeting to the lowest in more than 15 years. Toronto's downtown office vacancy rate hit 4.7 per cent in the first quarter of 2008, down from 5.6 per cent at the end of 2007. A low vacancy rate is one indicator of a stable economy. Since 2005, when the vacancy rate was 13 per cent, a strong economy has prompted a steady decline in available space.
The Globe and Mail - Ottawa ponies up $350 million for Toronto transit (18 March 2008) Top politicians from all three levels of governments were all smiles Tuesday for an announcement of C$350 million in funds for 400 new hybrid buses in Toronto. Ottawa will release its share of a C$1 billion deal, with the province and the city as equal partners. With the federal contribution, one-third of the 1,600-bus fleet will be new vehicles by the end of the year, said city Councillor and Toronto Transit Commission (TTC) chairman Adam Giambrone.
From a Toronto Star report on this: The TTC received the first shipment of its new generation of energy-smart buses in December. Environmental benefits include 37 per cent fewer greenhouse gas emissions; 30-50 per cent fewer emissions of harmful particulates; nitrous oxide emissions cut by 30 to 50 per cent and 20 to 30 per cent less fuel.
From a CTV News report on this: 'It's very good news for Toronto and Torontonians—I'm very pleased,' Mayor David Miller said. 'We've chosen to prioritize public transit. We're using the funding entirely for public transit, and what this will do will make Toronto the leader in green bus fleets in Canada and have the second-largest hybrid bus fleet in the world.'
The Globe and Mail - What Canadians want: fulfilling work (19 March 2008) By a wide margin, Canadian employees say that having fulfilling work beats money and a chance to climb the corporate ladder as a reason to stay with an employer, according to a new on-line poll by Monster.ca. Given three choices for what they value most as an employee, 53 per cent of the 4,721 workers who responded chose 'challenging work that is fulfilling—the rest will follow.' Meanwhile, 27 per cent picked 'financial gain and advancement—even if it means working longer hours,' and just 20 per cent said their priority is 'job security—even if it means a less challenging role.'
From a CanWest News Service report on this: Results on the French-language site were even more stark, with 70% of respondents looking for personal fulfilment over high compensation and job security. According to Dawn Legault, the director of career development at Carleton University in Ottawa, young people are more concerned about finding an organization that fits their lifestyle and values rather than one that will provide superior compensation.
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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