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Good news report from Canada
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25 July 2008
30 June was the 30th day of the twelfth month of the 2nd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:
30 June 2008
The Canadian Press - Harper says native apology sign of unity and strength on Canada Day (30 June 2008) It's Canada's 141st birthday on Tuesday and in his Canada Day message, Prime Minister Harper is pointing to his government's recent apology for residential school abuses as a prime example of Canadian togetherness. In emphasizing unity and co-operation among Canadians, Harper calls the formal apology 'an important evolution in Canada's relationship with our First Peoples'.
The Canadian Press - Canadians maple-syrupy sweet on their country, poll suggests (30 June 2008) A new Canadian Press Harris-Decima survey asking Canadians to rank their pride in Canada on a scale of one to 10 found that 57 per cent gave their country the highest mark. Another 25 per cent gave it an eight or a nine. Prime Minister Harper touched on the theme of togetherness in his annual Canada Day message. 'Fellow Canadians, every day in countless ways, we are working together to achieve the greatness our country deserves,' he said.
Bloomberg News on Canadian stocks rise, capping biggest quarterly gain in one and a half years (30 June 2008) Canadian stocks rose Monday, capping the biggest quarterly gain in the main stock index in 1 1/2 years. The TSX Composite Index gained 112.23, or 0.8 per cent, to 14,467.44 in Toronto. The index gained 9.3 per cent this quarter and rose to a record close of 15,073.13 on 18 June. The Canadian stock benchmark has advanced 4.6 per cent this year, the best performance among the world's 20 biggest stock markets.
The Canadian Economic Press - Canadian GDP rebounds as manufacturing sector recovers in April (30 June 2008) Real gross domestic product (GDP) rebounded 0.4% in April after two months of declines as manufacturing, wholesale, and retail trades saw increases. Comparing April 2008 to April 2007, GDP climbed 1.2%. The manufacturing sector saw 'significant and broadly based' production gains of 1.9% in April, Statistics Canada said. Motor vehicle products saw a notable rebound as did machinery production and primary metals. Motor vehicle production jumped 7% in April. Wholesale activity gained 2.1% in April. Retailers meanwhile saw their sales go up 0.6%, following a 0.2% gain the previous month. The nominal value of building permits issued for non-residential construction increased 'significantly, notably in the case of commercial buildings', Statistics Canada noted. 'This should translate into higher construction activity in the coming months.'
From Canwest News Service reports on this: Canada's economy expanded in April at the fastest pace of growth since January—easing concerns that Canada is heading into recession. Many economists now believe the economy will expand by around one per cent in the second quarter. 'Wholesale and retail sales rebounded during the month, along with manufacturing shipments, supported by strong wage growth and continued employment gains,' said Scotiabank economist Mary Webb.
From a Financial Post report on this: Canada's economy rebounded into positive territory in April, a jolt of economic good news. Economists had expected the economy to bounce back in April, but at 0.4% the rebound was stronger than the 0.3% economists were looking for.
From a Bloomberg News report on this: Bank of Canada Governor Mark Carney and Finance Minister Jim Flaherty both say they've done enough to help the economy for now, with four rate cuts starting in December and C$60 billion of tax reductions announced last year. Today's report gives some evidence the economy is responding to the stimulus. Record demand for resources has propped up the economy by bolstering employment and consumer spending.
From Globe and Mail reports on this: The ailing economy is in better shape than expected. There were signs of strength in April, Statistics Canada said, as manufacturing bounced back and consumers kept spending. The GDP numbers also captured surprising growth in the accommodation and food services sector, which advanced 1.2 per cent in April, a fourth consecutive increase. It was welcome news for Canadians. 'There is no housing crisis in Canada . . . our labour numbers are strong. I'm particularly encouraged by continuing consumer confidence in Canada,' Finance Minister Jim Flaherty said.
The Financial Post - Commercial property REITS set to deliver 'healthy organic growth' with positive surprises (30 June 2008) The Real Estate Investment Trust (REIT) analyst team at Canaccord Capital says it's 'refreshing to see' that commercial real estate fundamentals across Canada's major markets 'remain healthy', with low vacancies and positive rent growth in the second quarter. They point out that the Canadian national office market vacancy rate tightened to 6.3% in the second quarter from 6.4% in the first quarter, and much lower than the 7.3% recorded the same quarter last year. 'Remarkably, national office vacancy is now at the lowest level we have seen over the 20 years of data we have collected, which is a testament to very limited levels of new supply and resilience of demand for space in the face of a slower economy,' the report says.
The Globe and Mail - Canadians oppose Iraq war, poll finds (30 June 2008) A survey conducted this month by the Strategic Counsel for The Globe and Mail and CTV explored the beliefs that Canadians and Americans hold about various issues and each other. The poll suggests there is considerable common ground when it comes to Iraq. Opposition to the war is huge in Canada, where 82 per cent of respondents said the invasion was the wrong decision. That's a major reversal from five years ago, during the early days of the conflict, when 51 per cent of poll respondents said Canadian troops should participate in it. It's also a change that is being reflected south of the border where 54 per cent of American respondents said their country never should have become involved militarily in Iraq. And an even greater number—59 per cent—of Americans surveyed applaud Canada's decision to stay home. The poll surveyed 1,000 Canadians and 1,000 Americans between 12 June and 28 June.
The Ottawa Citizen - Immigrants possess strong sense of belonging, survey finds (30 June 2008) A new survey of immigrants living in Canada's three largest cities shows that they possess a powerful sense of belonging to their adopted country—an attachment that generally runs deeper than linguistic, ethnic, or regional identity. The poll, commissioned by the Association for Canadian Studies and released for Canada Day, generated responses from 600 immigrants in Toronto, Montreal, and Vancouver in May. Respondents were asked whether they had a strong or weak sense of belonging to Canada, their province, city, country of origin, ethnic identity, and language. Canada ranked highest, with 87 per cent of those surveyed expressing a 'very strong' or 'somewhat strong' attachment to the country. In Toronto, 'Canada' topped the list of attachments with 91 per cent of those surveyed expressing a strong sense of belonging to the country. Association for Canadian Studies executive director Jack Jedwab said the results provide a clear counterpoint to the idea expressed by some critics of multiculturalism, Canada's official policy of encouraging cultural and linguistic diversity—that it can undermine newcomers' attachment to Canada. 'Identities are not in competition with each other,' Mr Jedwab says. The survey shows that a strong sense of linguistic or ethnic identity doesn't appear to erode immigrants' overall sense of belonging to Canada.
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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