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Good news report from Canada

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29 September 2008

18 September was the 18th day of the third month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

18 September 2008

The Globe and Mail on Canada-EU trade and economic integration proposal (18 September 2008) Canadian and European officials say they plan to begin negotiating a massive agreement to integrate Canada's economy with the 27 nations of the European Union, a market of 500 million people, with preliminary talks to be launched at a 17 Oct. summit in Montreal. Trade Minister Michael Fortier and his staff have been engaged for the past two months with EU Trade Commissioner Peter Mandelson and the representatives of European governments in an effort to begin what a senior EU official involved in the talks described as 'deep economic integration negotiations.' If successful, Canada would be the first developed nation to have open trade relations with the EU, which has completely open borders between its members but imposes steep trade and investment barriers on outsiders. The proposed pact would far exceed the scope of older agreements such as NAFTA by encompassing not only unrestricted trade in goods, services, and investment and the removal of tariffs, but also the free movement of skilled people and an open market in government services and procurement. All 13 provincial and territorial governments had agreed to the proposed pact at an 18 July meeting in Quebec City. A newly completed study of the proposed deal by the two governments concludes that the pact would increase bilateral trade and investment by at least C$40 billion a year. Both Ottawa and Brussels have worked on a draft text for a deal they hoped would be introduced at the Canada-EU summit in Montreal, to be attended by French President Nicolas Sarkozy, European Commission President Jose Manuel Barroso, and Prime Minister Stephen Harper. France currently holds the rotating presidency of the EU, and Mr Sarkozy has said that he hopes to make economic integration with Canada one of his accomplishments.

Reuters Canada - July wholesale trade soars past expectations (18 September 2008) Canadian wholesale trade sailed past expectations in July to grow 2.3 per cent from June thanks to gains across most sectors, Statistics Canada said. Analysts on average had forecast a gain of 0.5 per cent in the month.

From a CBC News report on this: Canada's wholesale trade sales rose for the fifth consecutive month in July. In June, wholesale sales rose by two per cent. The indicator has been rising non-stop since March and could give a hint regarding demand for Canadian products. The positive showing was across the product board with July's gains spread across six of the seven wholesale sectors. Better still, the volume of wholesale shipments rose 2.2 per cent, making any sales gain due to product price hikes very minimal. Saskatchewan posted the biggest gain among the provinces—10.4 per cent in July from June.

From a Canadian Economic Press report on this: Building materials gave wholesale a boost with a 4.8% gain in sales. The three subcomponents of building materials all contributed to the gain with the largest contribution coming in metal products which saw sales grow 10.8%. Machinery and electronic equipment sales were up 3.1%. Ontario registered its sixth increase in wholesale sales of 2008 with a 3.7% gain in July over June.

From the Statistics Canada report: With the growth in sales outpacing the rise in inventories, the inventory-to-sales ratio (the number of months it would take to exhaust inventories) continued the gradual decline observed over the previous four months, decreasing from 1.23 in June to 1.22 in July. The ratio now sits at its lowest level since January 2006.

The Canadian Press on leading economic indicators up in August (18 September 2008) Statistics Canada says its composite leading index rose in August, nudged higher by ongoing strength in household spending. The leading index—an indicator of future activity—was up 0.2 per cent in August after no change in July. (Analysts on average had expected no monthly change.) Five of the 10 index components expanded and two were unchanged. 'Household demand has remained the most consistent source of growth in recent months,' Statistics Canada noted. 'Sales of furniture and appliances grew steadily, helped by a steady housing market. Housing starts rebounded in August. Meanwhile, personal services have become the main prop to growth in services employment.'

From the Statistics Canada report: Manufacturing continued to recover from a weak start to the year. New orders expanded for the third time in four months, led by aerospace and capital goods, notably iron and steel, where orders have nearly doubled in the past year. The average workweek increased for the first time since April 2007.

The Financial Post - Consumer sentiment was doin' alright: TNS survey (18 September 2008) A survey compiled last week showed a decidedly optimistic outlook from a random sampling of Canadians by international consultancy group TNS Global. The poll asked more than 1,000 consumers about their expectations for economic conditions six months from now. Based on three questions regarding household income, employment, and the economy in general the consensus was upbeat. TNS's Expectations Index climbed over three percentage points to 96.3% this month, compared with August's rating of 93.2%. The percentages are calculated through survey responses over a 12-month period, and weighted equally for each month.

From a Canwest News Service report on this: The TNS Consumer Confidence Index came in at 99.6 this month, up from 98.3 in August and 96.5 in July.

The Globe and Mail - Better Green? (18 September 2008) Green homes cost more, but with energy savings of 20% to 90%, that money back can be earned back. Homes that are constructed using the specifications of Ontario's Energy Star program, for example, use about 28% less energy than conventionally built ones. An Energy Star-certified home could add C$4,500 to construction costs. But instead of paying C$350 a month for energy, one might spend only C$250. And on a five-year mortgage at 6%, the payments on the home's green features would cost just C$75 a month. 'It's an immediate positive cash flow,' says Corey McBurney of EnerQuality Corp., that runs the Energy Star program. And if energy prices rise, the savings will only grow.

The Toronto Star - School math scores take a jump (18 September 2008) School boards across the Greater Toronto Area boosted scores in the latest province-wide Grade 9 math test. Grade 9 math has clocked jumps of as much as nine percentage points. But at Monarch Park Collegiate, scores skyrocketed so that 76 per cent of the Grade 9 students met the provincial standard this year from 50 last year. 'We've also held our first math awards to celebrate students who have entered national math contests,' said principal Rob MacKinnon.

From a National Post report on this: Some schools improved by leaps and bounds. At Grey Owl Public School, in the tough Scarborough neighbourhood of Malvern, the number of Grade 3 students who met ministry standards in reading rose from 47% in the 2006/2007 school year to 84%, in writing from 63% to 87% and in math from 63% to 85%.

The Globe and Mail - Buy your rainbow chard and eggplants at work (18 September 2008) They set up in offices and on street corners—produce stands with a mission to bring local, organic fruits and vegetables to consumers. They are the brainchild of Food Roots, a Victoria-based distributor's co-op. Food Roots co-founder Lee Fuge is a long-time retailer of organic and natural foods and a food-security activist. She believes that the connection between field and plate should be transparent. Food Roots offers information on every farmer they work with. They cover up to five markets a day, hitting each location on a weekly basis, typically for four or five hours at a time. Ms Fuge proposes markets to preschools, synagogues, care homes - anywhere there is a community gathering. She will set up a market anywhere someone asks for one. Developers of new condo projects have been in touch. 'Proximity to a farmers' market gains LEED points for developers who want to market their green credentials,' Ms Fuge explains.

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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