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20 January 2009

13 January 2009 was the 13th day of the seventh month of the 3rd year of Canadian national consciousness rising to invincibility, as indicated by the following press reports:

13 January 2009

The Canadian Press - PM Harper 'delighted' Obama to visit Canada first when he becomes U.S. president (13 January 2009) Prime Minister Harper says he's 'delighted' that Barack Obama's first foreign visit will be to Canada after he becomes U.S. president. 'I do think it is a statement that Americans across party lines—and I think most Canadians—understand that there is probably no closer and fraternal relationship in history than we have with the United States, Harper said on a Calgary radio talk show Tuesday. 'It's important to both of us and we'll always do our best to make that a positive relationship.' Since his historic election, Obama has set aside partisanship and stressed his willingness to consult and work with people from both ends of the political spectrum.

CBC News - Canada's credit rating reaffirmed: S&P (13 January 2009) Standard & Poor's reaffirmed a top credit rating for Canada, saying the country should make only a brief foray back into deficits. Canada, with its triple-A rating, has a diverse economy, stable public policy and sound financial sector, S&P said in a report released Tuesday. 'In our opinion, the Canadian financial sector has weathered the current global financial turmoil well to date.' S&P also said federal government spending deficits of between one and two per cent of gross domestic product are expected in 2009 and 2010 as the country emulates the actions of other highly rated governments to boost their economies. Regardless of which federal party eventually ends up controlling the reins in Ottawa, S&P believes the country will be back to a balanced budget by 2011. 'Like the other four 'AAA' rated G7 sovereigns [U.S., U.K., France and Germany], we believe that Canada has the political capacity and will to respond quickly to changing conditions, and it has a relatively diversified economy,' S&P said. 'It also has a stable financial system, and is the only of the five that entered the current crisis in fiscal surplus on a general government basis.'

From a Bloomberg News report on this: The rating, the agency's highest, reflects Canada's 'remarkable fiscal consolidation in the last 15 years,' S&P said. During that time, the country's surplus grew to as much as 3 per cent of gross domestic product from a deficit of 8 per cent.

The Globe and Mail on stability of Canada's industrial real estate market (13 January 2009) When it comes to Canada's industrial real estate market, commercial real estate observers say the industrial property market's conservatism and ability to match supply with demand make it extremely well positioned to weather the downturn. '[The industrial real estate market] is slow, steady, and reliable,' notes CB Richard Ellis president Stefan Ciotlos. 'Its vacancies and rental rates fluctuate on a very narrow bandwidth. We haven't seen dramatic increases and decreases traditionally, and as we move into this downturn, we do so on the industrial side with some relative strength.' According to Cushman & Wakefield LePage, Canada's industrial market comprised around 1.4 billion square feet of space at the end of 2008. The majority of that space—825 million square feet—is in the Greater Toronto Area, the third-largest industrial hub in North America, behind only the Long Beach/Los Angeles area and Chicago. In Canada, Montreal and Vancouver follow much further behind, with about 277 million and 180 million square feet, respectively. Key markets in Canada finished 2008 as they have in the past several years—with a low vacancy rate. '[Last year], vacancy rates across the board climbed marginally, by 0.7 percentage points in small markets, and even less in major markets like Toronto, Montreal, and Vancouver,' says Pierre Bergevin, president and chief executive officer of the commercial real estate firm. 'Fundamentally, the market's been extremely sound.' And despite the unpredictable economy, Mr. Bergevin is only predicting a similar 0.7-per centage-point rise in vacancies this year.

The Canadian Press - N.S. town moves to ban smoking in popular downtown shopping district (13 January 2009) A Nova Scotia municipality of 12,000 people has decided to ban smoking on a popular downtown street known for its shops and restaurants. Truro town council voted unanimously Monday to ban smoking on Inglis Place. Mayor Bill Mills said the bylaw was proposed mainly for health reasons, but the municipality also hopes it will help boost foot traffic. The municipality consulted with the regional health authority and the Canadian Cancer Society in developing the bylaw. Rob Cunningham, senior policy analyst for the society, said he's aware of municipalities banning smoking on roads near schools, but Truro's move to restrict lighting up on a downtown street is the first he's heard of in Canada. 'I think that, in many cases, the community viewpoint is ahead of politicians, and this was very much community driven,' Cunningham said. 'I think it is inevitable that we're going to see more and more communities looking to do this. ... As people get accustomed to not being exposed to second-hand smoke, people are more and more willing to speak up.' A number of municipalities across Canada have similar restrictions on smoking, including prohibiting the practice on hospital or school grounds and university campuses, as well as certain entryways. The town of Bridgewater, N.S. last year introduced a bylaw banning smoking in parks, playgrounds, outdoor recreational facilities, and streets within designated school zones. And last March, Wolfville, N.S., became the first municipality in Canada to ban smoking in cars with children on board.

From a Globe and Mail report on this: The Truro ban begins next week, part of a trend against outdoor smoking that has been building across the country. Yarmouth, N.S., has a bylaw prohibiting daytime smoking on the streets near three schools during the school year. Orillia, Ont., has banned smoking on town playgrounds and beaches, and North Vancouver prohibits smoking within 7½ metres of any bus shelter.

Canwest News Service - Canada to study economic impact of climate change (12 January 2009) The federal government is planning to take a detailed look at the economic impacts of a changing climate in Canada, Canwest News Service has learned. Environment Canada is accepting bids for the new research project. It would follow similar research projects recently commissioned by both the British and Australian governments. 'While such studies give indications that the worldwide impacts of climate change may be considerable, there has been limited study on exactly how climate change will impact the Canadian economy, or the economies of other individual countries,' say the terms of reference for the study, released last week. Environment Canada said the Canadian study would have to capture the diversity of Canada's regions while providing an overall picture of impacts from changing weather patterns and extreme events on the country's economy. 'Finding a solution to this problem requires impact functions tailored to the Canadian context,' say the terms of reference. 'However, because Canada is an open economy, it is highly likely that economic impacts that occur in the rest of the world will have a considerable impact on Canada.' Clare Demerse, a senior policy analyst at the Pembina Institute, an Alberta-based environmental research group, said: 'In the past few years, the government has often spoken about what they see as the high cost of taking action on climate change, implying that Canada can't afford to do its fair share in tackling this problem. 'The government rarely recognized the much higher costs of climate change itself.'

Canwest News Service - Green office towers would slash emissions: Panel (13 January 2009) The greening of hundreds of thousands of office towers and other commercial buildings in Canada would significantly reduce energy use and curb growth in carbon emissions, says an advisory report for the federal government. The report provides a 'policy pathway' of proposed government regulations, financial incentives for use of clean technology, building energy codes, voluntary environmental construction practices, and education programmes aimed at increasing energy efficiency in 440,000 existing commercial buildings and in thousands to be built in the future. The commercial building sector accounts for 14 per cent of the country's end-use energy consumption and 13 per cent of total greenhouse gas emissions. The recommendations are from the National Round Table on the Environment and the Economy, a government-appointed advisory body, and Sustainable Development Technology Canada, a government-financed foundation that funds clean technology projects. If the proposed package of policies were adopted, the experts from the two groups estimate that greenhouse gas emissions from the commercial building sector would rise by about 100 per cent, rather than the 200 per cent expected by 2050, if no steps are taken. That would be a contribution of nearly ten per cent to the targeted reductions to which the federal government is committed by 2050. 'This is an important economic sector that can make a real environmental contribution to addressing climate change by following the policy pathway our joint report sets out,' Robert Page, chair of the round table, said.

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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