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Good news report from Canada

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3 May 2008

14 April was the 14th day of the tenth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

14 April 2008

Canwest News Service - The Canadian economy will avoid recession: Report (14 April 2008) The Canadian economy will avoid being dragged into a recession thanks to healthy domestic activity and strong commodity prices, CIBC World Markets forecast. Canadian economic growth will slow to 1.6 per cent this year, but rebound to a healthy three per cent next year, CIBC says. The forecast was issued amidst further evidence of Canada's strong domestic economy—a continuing non-residential construction boom in the first quarter of this year. And business leaders, at least outside of the struggling manufacturing sector, remain relatively upbeat about the outlook for sales and employment, according to a new Bank of Canada survey.

From a CBC News report on this: CIBC chief economist Jeff Rubin paints a relatively optimistic picture of the country's economy over the next year or two.

From a Globe and Mail report on this: CIBC believes that commodity prices will remain strong regardless of what happens in the United States. And as a result, corporate and personal income in Canada will remain bountiful, fuelling domestic demand. But the US recession will likely be mild and short-lived because of dramatic interest rate cuts by the US Federal Reserve and a massive government bailout package ready to kick in soon. 'The US economy spent most of 2007 confounding the markets with its resiliency, and 2008 should be no different,' writes economist Meny Grauman. The global economy will slow to about 4 per cent, but that's a far cry from a global recession, CIBC says.

From a Canadian Press report on this: Canada's natural resource and agricultural riches are benefiting Canadians in all provinces and giving the country a 'major measure of independence,' CIBC says.

Bank of Canada - Business Outlook Survey (14 April 2008) On balance, firms reported an increase in sales growth over the past year, and they expect sales to grow at about the same pace over the next 12 months.

From a Canwest News Service report on this: More firms expected to boost rather than cut back on investment.

From a Canadian Press report on this: The Bank of Canada survey found that a plurality of Canadian firms—45 per cent—forecast hiring more workers in the next 12 months as compared to only 12 per cent that said their workforce would shrink. Still, the Bank of Canada is expected to keep its focus on stimulating the economy by cutting interest rates.

Canwest News Service - Non-residential construction advances in first quarter (14 April 2008) Major building activity in Alberta and Ontario lifted investment in non-residential construction 1.6 per cent to C$10.3 billion in the first three months of the year, the 20th consecutive quarterly gain, Statistics Canada reported. Investment increased in all three components of the sector, with the commercial component up 1.6 per cent to C$6.3 billion; the industrial component up four per cent to C$1.5 billion; and the institutional component up 0.2 per cent to C$2.6 billion. The agency credited low office vacancy rates, a vigorous retail sector, and strong corporate profits for the gains. The biggest provincial increase occurred in Alberta, with investment rising 5.1 per cent to C$2.5 billion from the fourth quarter of 2007. In Ontario, it rose 3.1 per cent to C$3.8 billion, from gains in all three components. Of 34 metropolitan areas, the biggest gain was in Toronto, where investment rose 4.2 per cent to C$1.9 billion.

From a Canadian Economic Press report on this: Commercial building investment hit a new quarterly high of C$6.3 billion, up 1.6% from the fourth quarter as declining vacancy rates prompted new construction.

The Calgary Herald on Alberta's economic strength (13 April 2008) Many recent economic markers for the province and Calgary suggest performances are running sharply ahead of expectations. Numerous economic numbers reflect the momentum and strength in the provincial and local economies, but more broadly, Albertans are optimistic—and that optimism is rising—according to a new consumer and business confidence survey from PricewaterhouseCoopers LLP.

The Edmonton Journal - Stampede City's pampering spas augur wellness (13 April 2008) Calgary has a secret when it comes to relaxation. And it's turning this city into an urban oasis. From Canada's first medical spa to luxurious, relaxing treatments in your hotel room—there is a spa service that caters to hotel guests and provides on-site wellness treatments—Calgary has it all.

CBC News - PEI planning big expansion to smoke-free places (9 April 2008) No smoking in cars with children, no smoking on hospital grounds and no smoking in provincial parks are all part of a new Prince Edward Island government bill. Also included in the amendments to the five-year-old Smoke Free Places Act are bans on smoking on bar and restaurant patios, and an end to designated smoking rooms. Health Minister Doug Currie said there is no such thing as a safe level of exposure to second-hand smoke, and provincial legislation needs to reflect that.

The Victoria Times Colonist - BC giving green light to electric cars (13 April 2008) This spring, as part of its action plan on climate change, the government of British Columbia will give the green light to allow electric cars on city streets. The proposed changes will allow electric cars to travel on any road in the province with posted speeds of 40 km/h or less, as well as on roads with posted speeds of up to 50 km/h if the municipal government agrees. 'BC is the only province that permits zero-emission electric vehicles on public roadways, and we think it's important to show leadership to the rest of the country,' Transportation Minister Kevin Falcon said. Electric vehicles run on electricity stored in batteries that are recharged by plugging into an electrical outlet, and they don't use gas at all. Industry estimates show that using an electric car instead of an internal-combustion engine would reduce a driver's greenhouse-gas footprint by 6.5 tonnes a year. There are currently 11 electric vehicles licensed in BC, including the Canadian-built ZENN, which stands for 'zero emissions, no noise.' Catherine Scrimgeour, public affairs specialist for ZENN Motor Co., says BC's decision to adopt formal low-speed-vehicle legislation is encouraging and positive.

The National Post - Leadership on literacy (14 April 2008) Canada's Education Ministers have come together to take a collective stand on literacy. The ministers have created a literacy action plan to raise awareness about the importance of improved literacy levels, and to improve literacy skills from coast to coast to coast. The literacy action plan stresses sharing successful literacy policies, research, statistics, and data, and teaching resources for learners of all ages. To start, Canada's provinces and territories have planned a first-of-its-kind event: the Pan-Canadian Interactive Literacy Forum, to be held 14-15 April. The forum will use webcasting to broadcast real-time streaming video and connect 3,500 learners, literacy experts and representatives from the education, nonprofit, business, and labour sectors at sites around the country. Through leading-edge BC-proven interactive communications technology, each site has an opportunity to both share its expertise and learn from the other sites as participants from across Canada engage in a single pan-Canadian conversation. To further this, keynote speakers will inspire all participants to unite and champion successes. The main objective of the forum is to lead to innovative ideas sparked by the wealth of voices connected. The forum and the larger literacy action plan are poised to directly improve the lives of millions of Canadians.

The Globe and Mail - Pupatello offers Canada's help to China on Tibet (14 April 2008) Canada is offering to help 'nurture dialogue' with China on Tibet, Ontario Economic Development Minister Sandra Pupatello said in Beijing on a trip to open an Ontario trade office and urge investment in Ontario. 'I suggested to them that perhaps, given the spotlight that is on China today, that they could look to old friends which they have in Canada and there may be a way that we can help,' she said. 'Chinese view Canadians in a very, very positive way.'

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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