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Good news report from Canada

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22 October 2008

13 October was the 13th day of the fourth month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

13 October 2008

The Globe and Mail on new comet discovered by University of Calgary astronomer (13 October 2008) Astronomer Rob Cardinal at the University of Calgary's Rothney Astrophysical Observatory is now the confirmed finder of C2008 T2, or Comet Cardinal as it will also be known, a never-before-identified comet travelling through the solar system. Located through the University of Calgary's Baker-Nunn telescope, it's only the second Canadian find since 2001. 'It's just fantastic news,' Mr Cardinal said. 'We've found an object that's come here from a very great distance away . . . it's serendipity, I guess.' At its closest point to the Earth, the space object—a snowball of ice billions of years old, left over from the formation of the universe according to some—could be visible with binoculars or a telescope in spring 2009. Mr Cardinal made his discovery when he was searching an area of space out of the elliptical plane of the solar system, where comets aren't usually found. Mr Cardinal, a member of the Siksika Nation east of Calgary, hopes to use his discovery as a means of encouraging aboriginal children to look at science as a potential career. 'It's a wonderful opportunity to give something back,' he said.

The Saskatoon StarPhoenix - Major crimes in city dropping (11 October 2008) A drop in crime in Saskatoon appears to be a trend. According to a report to the board of police commissioners on the downward trend in the first nine months of 2008: Armed robberies are down more than 23 per cent; robberies are down 32 per cent; break and enters into homes are down 19 per cent; break and enters into businesses are down 27 per cent; and theft under C$500 is down more than 44 per cent. Saskatoon police Chief Clive Weighill points out less crime is resulting in fewer victims, even as the city's population increases.

CBC News - B.C. business sector still going strong: minister (12 October 2008) British Columbia''s minister of small business and economic development insists the province's small business economy is 'firing on almost all cylinders', despite the global financial crisis. Kevin Krueger insists BC still has a 'robust' business climate. 'We have been so successful in diversifying the economy, and enabling the economy to thrive,' he said. 'What we're hearing from the millions of people that we represent around the province who are active in business, is that things are still pretty good.' Krueger said many parts of the economy are still booming. 'Certainly, we'd like to see things stabilize. Everybody's keeping a watchful eye on what's happening around the world . . . ,' he said. 'But here in British Columbia, what we're hearing from business is that things are pretty robust and their biggest challenge is where are they going to find the people to keep up with it all.'

The Toronto Star - Editorial - Finally, some good news (12 October 2008) Last Friday, Bell Canada and Telus Corp. jointly announced a major investment to develop the next generation of wireless network technology . . . . By working together, Bell and Telus, normally fierce rivals, hope to hold down the costs of the project. . . . an industry source put [the cost] at C$1 billion. That is a significant vote of confidence in the Canadian economy by two major domestic companies. . . . it is welcome news indeed.

The Globe and Mail on good financial news that may have been missed (10 October 2008) The business of doing deals, investments and even loans is still very much alive. A look at some of the good news that may have been missed:

1. While the world's banks complained that they were out of liquidity, Bank of Nova Scotia quietly raised C$950 million on 3 Oct. by selling subordinated debentures paying a 6-per-cent rate.

2. There were buyers on the other side of all those sell orders last week, buyers with strong track records. Vancouver fund manager Tim McElvaine started buying venerable stocks such as McGraw Hill and CBS because, for the first time since he could remember, their price-earnings multiples fell into single-digit territory. 'I'm a value manager. If I'm not buying now, when would I buy?' he said.

3. Ontario Teachers' Pension Plan okayed a leveraged deal to buy US industrial-cleaning company Aquilex Holdings for close to US$1 billion. Furthermore, half the price was financed with leveraged loans from Royal Bank of Canada.

4. On Friday, the nation's banks lowered prime rates by another 25 basis points. The lending taps squeaked open a bit; it just became less expensive to get mortgages.

The Toronto Star - Project will create an urban forest (11 October 2008) Hundreds of thousands of new trees, planted to create winding city forests and leafy boulevards, will transform Greater Toronto into a vast urban garden if the combined vision of regional foresters succeeds. The prospect of a greener city visually and environmentally—trees are a major factor in reducing pollution—has urban foresters across the region co-operating on projects that will count each city's existing trees and calculate the air quality improvement if more are planted. Richard Ubbens, Toronto's forestry director, said his department is working on a complete inventory of public and private trees, as each city creates a master plan to enhance its 'tree canopy'. Trees reduce carbon emissions, promote energy conservation, and create a more livable community, Ubbens says.

Oakville has already conducted its inventory, numbering its urban forest at 1.9 million trees with a canopy coverage of 29.1 per cent of the town, which it hopes to increase to 40 per cent by mid-century. Oakville's study determined that its trees filtered all the PM10—particulate matter that combines with ozone to form smog—emitted by local industries. In a single year, Oakville's trees also removed 22,000 tonnes of carbon dioxide—equivalent to 4,880 vehicles. Toronto has already started a massive planting project, with plans to roughly double the canopy by 2050 as part of a broader project to 'green' the city. Once its tree census is complete in early 2009, the city will finalize its master tree plan, creating, ultimately, a city that makes residents feel like they are 'living in a garden', Ubbens said.

The Toronto Star - Diverse harvest for budding farmers (13 October 2008) Anan Lololi shows off rows of callaloo growing in a Brampton field. ' . . . it is one of the most popular foods in the Caribbean,' Lololi says. 'There definitely is a market for it, you know? We're importing callaloo from Jamaica and the Philippines and it grows wild here.' Callaloo is just one of the crops being grown by the non-profit Afri-Can FoodBasket and other groups at the McVean Farm. The new 35-acre incubator farm is owned by the Toronto and Region Conservation Authority and rented to a Guelph-based not-for-profit organization called FarmStart, which teaches new farmers the agricultural basics and rents them land and equipment at steep discounts. There are common crops at McVean—tomatoes, cucumbers, pumpkins, and strawberries—but also callaloo, okra, chilies, bitter gourds, and Indian peppers. Some of these items are rare in Ontario fields, but pair the ethnic diversity of the Greater Toronto Area with the local food movement—and add new Canadians with agricultural ambitions—and they begin to poke out of the soil.

This Thanksgiving weekend the first harvest at McVean drew to a close as the budding farmers picked the last of their crops. Bob Baloch harvested the last of his Southeast Asian vegetables. Baloch works a desk job in Mississauga and dreams of having his own farm. FarmStart gave Baloch a chance to learn the ups and downs of farming in Ontario on a half-acre plot without having to invest large sums in land or equipment. Christie Young, executive director of FarmStart, says Southeast Asian communities are prime target markets for new farmers like Baloch. While the McVean Farm is not exclusively for immigrant farmers, one of FarmStart's goals is to help Ontario farmers learn how to grow more diverse crops. 'There are huge ethno-cultural markets and they're growing by the day,' Young says. 'We also think that the new people who are coming into the country that have experience with these crops in other places, and have agricultural backgrounds, are also very good people to be able to grow this.'

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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