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Good news report from Canada

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21 May 2008

2 May was the 2nd day of the eleventh month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

2 May 2008

The Canadian Press - Bank of Canada shows confidence in economy, credit conditions (2 May 2008) Bank governor Mark Carney appeared relatively upbeat about Canada's economic prospects before parliamentary committees this week, highlighting the country's 'strengths' and relatively superior credit conditions. Carney cited record employment, robust consumer spending, and firm commodity prices that bring wealth into the country. Bank of Montreal economist Doug Porter said analysts and Canadians put too much weight on one indicator—real gross domestic product growth. 'Look around you. Look at what car sales are doing, look at what housing starts are doing, look at what job growth is doing. They all show that things are lot better than the meagre real GDP number would suggest.'

Bloomberg News - Canadian stocks rise on economic outlook, led by Research In Motion, Royal (1 May 2008) Canadian stocks rose for a second day on Thursday, led by technology and financial shares, after comments from Bank of Canada governor Mark Carney revived confidence the economy will avoid a recession. The Toronto Stock Exchang (TSX) Composite Index rose 0.9 per cent to 14,059.32 in Toronto. The Canadian benchmark built on its 5.3 per cent advance in April, the biggest monthly gain since January 2006. The Canadian economy has a 'a lot of strength,' Carney said. 'I'm confident,' Carney told reporters when asked if Canada would avoid a recession. 'There are things both in the domestic economy and in the global economy that sustain the Canadian economy,' he said.

'If we don't go into a recession, then it's game on again' for stocks, said Greg Eckel, who helps manage about C$1.2 billion at Morgan Meighen & Associates in Toronto. Blackberry-maker Research In Motion climbed 6.6 per cent to a record. A gauge of technology stocks gained 5.6 per cent for the biggest gain among 10 industry groups in the TSX. Financial shares added 2.4 per cent as a group. Loblaw Cos. advanced 4.2 per cent Thursday. Canada's largest supermarket chain had its biggest gain in more than two decades Wednesday. Magna International, Inc., had its steepest gain in more than five years, jumping 7.9 per cent. North America's largest auto-parts maker posted first-quarter profit that beat analysts' estimates.

Reuters Canada - Toronto stocks climb 200 pts on robust resources (2 May 2008) The Toronto Stock Exchange's main index powered more than 200 points higher on Friday, spurred on by resurgent resources and easing worries over the health of the US economy. The TSX composite index closed up 214.47 points, or 1.52 per cent, at 14,280.28 in an across-the-board rally. The materials sector, which houses resource shares, added 2.2 per cent. The gold producers subindex gained 1.5 per cent. The industrials sector gained 2.2 per cent. Rick Hutcheon, president of RKH Investments, said the fact that earnings have been better than expected has helped add luster to the market.

From a Vancouver Sun report on this: The TSX staged a triple digit rally Friday, climbing for the third session in a row to end the week solidly in positive territory. Financials added nearly two per cent as banks continued to rally.

From a Bloomberg News report on this: Canadian stocks rose the most in two weeks on Friday on optimism that earnings can withstand a slowing economy. The benchmark TSX rose 1.3 per cent this week and has rallied 12 per cent from a three-month low on 19 March. 'People are feeling that things are improving,' said Paul Harris, a money manager at Avenue Investment Management in Toronto. 'Earnings should be reasonably good.'

The Globe and Mail - Auto makers post best April sales on record (2 May 2008) Vehicle deliveries jumped 4 per cent last month in Canada, giving automakers their best April sales on record and helping propel the Canadian market to its highest opening four months of any year on record. Falling prices, improved availability of hot-selling vehicles, appealing new products, and the overall health of the Canadian economy are sustaining the solid performance in Canada, said industry analyst Dennis DesRosiers, president of DesRosiers Automotive Consultants. 'The actual economic numbers in Canada this year are still reasonably healthy, job numbers are still strong and . . . interest rates are falling,' Mr DesRosiers said.

The Globe and Mail - The ABCs of building a green school (2 May 2008) Vancouver's school board determined it would be cheaper to rebuild Charles Dickens Elementary School than upgrade it. That offered an opportunity to construct a new school in accordance with the internationally recognized LEED (Leadership in Energy and Environmental Design) certification programme. When the new Charles Dickens finally opens its doors to students on 22 May, it will be the most environmentally friendly school in Vancouver—and a template for future school construction in British Columbia. With geothermal heating, rainwater used in some plumbing fixtures, and motion sensor lighting, the building offers teachers the opportunity to talk to students about green concerns in an environment that illustrates the issues.

Much of what makes the Charles Dickens building green is underground. Thirty-two 90-metre pipes have been bored into the earth to capture geothermal heat. An expensive initial outlay, the system is expected to more than pay for itself during the school's lifetime. The only carbon emissions produced are from the electric pump that pulls the energy from the earth. The system gives each classroom independent temperature control. An underground parkade offers both designated bike storage and bays for electric vehicles. The children are more likely to be impressed by the rooftop teaching garden they will help plant and manage themselves.

The Globe and Mail - Beijing chooses Edmonton for key Confucius institute (2 May 2008) Edmonton's public school Mandarin programme, which has 3,000 students from Grades 1 through 12, began 26 years ago when the city's Chinese immigrant community asked the board for Chinese-language instruction for their children and grandchildren. Now, however, 15 per cent of pupils are from non-Chinese backgrounds. Edmonton's public school board began offering China's standard language proficiency exams to children in its bilingual programme about five years ago. When they got the highest scores outside Asia—for Grade 12 students, grades good enough to study at a Chinese university—Chinese officials contacted administrators in the far-flung Alberta capital. Shortly afterward, Edmonton Public Schools applied to host a Confucius Institute.

On Sunday, the links between the board and the Chinese will culminate with the official opening of the Confucius Institute in Edmonton, the first ever to be exclusively established at a school district. Confucius Institutes are non-profit organizations that promote Chinese language and culture internationally. The Edmonton institute has a library with more than 10,000 volumes of books, DVDs, and other resources provided by the Chinese government. There are more than 100 institutes, typically at universities, in 50 countries, and they are overseen by an agency of the Chinese Ministry of Education.

CBC News - Deline to celebrate end of self-government talks (2 May 2008) The small community of Deline in the Northwest Territories is making plans for a celebration in June to mark the unofficial end of self-government negotiations with the federal and territorial governments. Leaders in the Sahtu Dene hamlet of 700 say they should have a self-government deal signed and ratified in about a year and a half. If it's ratified by Ottawa, Deline will become the first jurisdiction in Canada with a community-based self-government agreement, community officials say. Deline is already part of the Sahtu Dene Council, a regional aboriginal government that was formed when the Sahtu Dene and Metis Comprehensive Land Claim Agreement was signed in 1998. Deline's community self-government agreement builds on the Sahtu agreement.

'If you look at every current law that's in place with the territorial or federal government, it doesn't take into consideration the cultures and the traditions of the people,' Deline chief negotiator Danny Gaudet said. 'You know, there's cultures and traditions that should be found in the social programs, inclusion in the schools definitely, and in the health systems. And you don't see any of that.' If the Deline agreement is ratified, the people there—known as Delinegot'ine in the Slavey language—will have control over territorial-level services such as education, health, social services, justice, language, and culture.

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.

© Copyright 2008 Global Good News®

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For information about Maharishi's seven-point programme to create a healthy, happy, prosperous society, and a peaceful world, please visit: Global Financial Capital of New York.





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