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8 October 2008

29 September was the 29th day of the third month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

29 September 2008

Canwest News Service - Canada vows to work to change Security Council makeup(29 September 2008) Canada pledged to work for changes to the makeup of the United Nations Security Council. Delivering a speech at the United Nations annual summit, foreign affairs official Len Edwards said Canada stands 'ready to support a reform which ensures new realities are reflected in . . . council membership.' Major regional powers such as India, Brazil, and South Africa are expected to take that as a signal to court Canada for support as they seek permanent representation on the UN's most powerful body.

Canwest News Service - We are 33,311,389: StatsCan (29 September 2008) Immigration accounted for a spike in the Canadian population during the second quarter of 2008, the largest increase in 17 years, according to a Statistics Canada report. Of the 125,800 additional Canadians during the quarter, 91,600 were from another country. That total was the highest number of immigrants Canada has experienced since the late 1980s. Immigration increased in every province and territory, with new second-quarter records being set in Prince Edward Island, Manitoba, Saskatchewan, and Alberta. The population of Canada, as of 1 July, was recorded at 33,311,389.

The Canadian Economic Press - Government of Canada posts $9.6B surplus as income revenues increase (29 September 2008) Canada's federal government posted a C$9.6 billion budget surplus in the 2007-2008 fiscal year that ended 31 March, the Department of Finance said in its annual report. The federal debt hit C$457.6 billion at the end of 2007-2008, down C$105.2 billion from its peak of C$562.9 billion in 1996-1997, and lower than the C$467.3 billion in debt recorded in 2006-2007. The federal government's debt to gross domestic product ratio for the 2007-2008 fiscal year stood at 29.8%, a reduction from the previous year's ratio of 32.2% and the peak level of 68.4% in 1995-1996. 'According to OECD estimates, Canada was the only G7 country to record a surplus in calendar year 2007,' the report said.

From a Financial Post report on this: By law, the surplus must go toward paying down the national debt. In turn, that reduces the cost of servicing the debt, which is the single-biggest expense item on the national books.

The Canadian Press - Business inventories, household spending help Ont.'s GDP grow in 2nd quarter (29 September 2008) Ontario's finance minister says the province's gross domestic product grew in the second quarter thanks to an increase in business inventories, residential construction, and household spending. Dwight Duncan says Ontario's GDP grew by 0.3 per cent in the second quarter, up from a 0.4 per cent decline in the first quarter. He says this shows the province isn't in a technical recession.

CBC News - N.L. businesses confident of success (27 September 2008) More than half of the small- and medium-sized businesses in Newfoundland and Labrador expect a stronger economic performance in the next 12 months. That's one of the results of a recent survey by the Canadian Federation of Independent Business, which also indicated that business owners in the province were the second-most optimistic in the country, just behind Saskatchewan.

The National Post on stability of housing market (29 September 2008) Ted Tsiakopoulos, regional economist for Canada Mortgage and Housing Corp. (CMHC) in Toronto, confirms the housing slowdown in Canada is relatively shallow and housing sales and starts in Canada remain close to historical highs. 'What's important to consider is the rate of appreciation vis-a-vis the rate of income growth. Home prices in Canada on average are in line with economic fundamentals such as the job creation rate and income growth. In regions such as Florida, housing prices were rising at six to seven times the rate of income growth up to 2004 . . . .' CMHC's latest forecasts indicate that resale house prices in 2009 are expected to grow 3% across the country. One distinction of note is that Canada's default rate is near historic lows. A mere 0.27% of outstanding mortgages are in arrears. This speaks favourably to the stability of the lending market, says John Mehlenbacher, chief operating officer of the Condo Store in Toronto. Fence-sitters hoping for drastic price cuts before buying will be disappointed to hear that no one in the industry is expecting any, Mr Mehlenbacher adds.

The Canadian Economic Press - Canadian tourism spending rises, fuelled by domestic demand (29 September 2008) Spending on tourism in Canada rose 0.9% in the second quarter of 2008. It was the second straight quarter to see a seasonally adjusted 0.9% increase. Domestic demand has been the driving force, Statistics Canada said, reporting Canadians increased their tourism spending from quarter-to-quarter by 1.2%. Overseas travellers coming to Canada increased by 3.3%.

The Toronto Star - Automaker harvests paint-shop emissions (29 September 2008) When a car gets painted, paint fumes, which contain volatile organic compounds—polluting vapours that are also potent greenhouse gases—are generally captured and incinerated using a process that consumes huge amounts of natural gas and creates significant carbon dioxide and nitrogen oxide emissions. Ford Motor Co. of Canada is trying to improve the process, and while its work continues to be experimental, the results so far are encouraging. At its assembly complex in Oakville, Ontario, Ford has installed a system that collects fumes from its paint shop and converts them into fuel, which is then passed through a molten carbonate fuel cell to generate up to 300 kilowatts of electricity. That's enough to power more than 100 homes, which offsets other electricity used by Ford. Not only does it generate power, it can reduce CO2 emissions by 88 per cent and eliminate nitrogen oxides. 'The Oakville stationary fuel-cell system is the first of its kind worldwide to harvest emissions from an automotive facility,' says Matthew Daraskavich, the engineer managing the site. 'Fumes-to-fuel has the potential to significantly reduce manufacturing's emissions in an environmentally sustainable process. It is very exciting in terms of its potential future applications to manufacturing.' It is designed first to tackle emissions and second to generate clean electricity.

The Canadian Press - B.C. shows lowest obesity levels in 10 years, sport minister says (28 September 2008) A new survey shows British Columbia has the lowest self-reported obesity rates in 10 years, BC's minister of healthy living and sport says. Mary Polak said the 2008 Canadian Community Health Survey, which covers obesity rates in Canadians aged 18 and older, shows a significant drop in self-reported adult obesity in BC. Levels decreased by 15 per cent to 10.9 per cent in 2007, down from 12.7 per cent in 2005, the first considerable decrease since reporting began in 1996. Polak said the ActNow BC healthy-living initiative, aimed at encouraging British Columbians to eat better, increase physical activity, eliminate tobacco use, and make healthy choices in pregnancy, played a role.

The Globe and Mail- Native leaders band together to broker direct investment deals with China (29 September 2008) When a group of more than 100 Canadian native leaders arrives in China six weeks from now, they will carry a message that is both historic and disarmingly straightforward: China has vast wealth to invest, and Canada's native communities, with their access to timber, minerals, diamonds, and other resources, want to do business. The China-Canada Aboriginal Business Opportunity will be the largest international native business initiative ever undertaken, according to Calvin Helin, a native lawyer and businessman organizing the trip. 'The opportunity to bring investment into Canada on a scale like this is enormous for the whole nation,' Mr Helin said. He argues that a tide has turned. By negotiating nation to nation, offering themselves as business partners to Chinese investors, aboriginal leaders can use their leverage over traditional territories in exchange for an equity stake in the business, he said. 'The Native leaders are quick to stress that their new posture will not mean that business will be done at any price, because environmental protections remain of paramount importance. 'I encourage development wholeheartedly, provided there's an environmental balance [that] looks after Mother Earth,' said Lawrence Joseph, Grand Chief of the Federation of Saskatchewan Indian Nations. In July, a small delegation of BC chiefs travelled to China and signed a letter of intent with a Chinese company to pursue the purchase of BC native band forestry products and a memorandum of understanding on mining. 'When we brought out our drums and regalia, they understood culture, they understood tradition and the history of indigenous peoples. That made an impact on the people we were dealing with, and we were able to bridge a gap,' said Grand Chief Edward John of BC's First Nations Summit, the organizer of the July trip.

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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