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25 March 2009
25 March was the 21st day of the ninth month of the 3rd year of Canadian national consciousness rising to invincibility.
25 March 2009
Dr William Overall, National Director of the Global Country of World Peace in Canada, presented highlights of news reports reflecting Canada's rising invincibility from Yogic Flying groups across Canada and the large Invincible America Assembly at Maharishi University of Management and Maharishi Vedic City, USA.
Extensive scientific research has documented the Maharishi Effect of rising coherence, harmony, and peace created in the collective consciousness of a nation by large groups of Yogic Flyers. The effect has been found to extend beyond national borders when the group is of sufficient size.
Following are press reports featured in Dr Overall's presentation:
The Globe and Mail - Investor sentiment warms up after winter's chill (21 March 2009) A key element to any turnaround in a bear market is a return of investor confidence. So it's fitting that March's warming trend in Canadian stocks was preceded by evidence that investor sentiment had begun to thaw in February. Angus Reid Strategies' new first-quarter Wealth Management Index—a survey of more than 5,000 Canadian investors taken in mid-February—shows that investor expectations about the near-term prospects of the economy improved considerably from the fourth quarter. While 11 per cent of respondents said they expect a stronger economy over the next three months, 46 per cent thought the economy would at least not get worse in that time, up from 37 per cent in the fourth quarter. The number expecting further economic deterioration in the next three months fell to 51 per cent from 58 per cent.
That improved economic outlook was reflected in respondents' investing intentions. Over the next six months, 83 per cent of investors surveyed said they don't plan to reduce their exposure to the market. Those planning to increase their investments—at 25 per cent—outweighed those planning to trim their exposure—at 17 per cent. Sixty per cent of those surveyed thought their personal finances would remain stable over the next three months, while 18 per cent of respondents said they expect their personal finances to improve in the next quarter.
The Canadian Economic Press - Canadian business optimism rises from cyclical low (25 March 2009) Optimism among owners of Canada's small- and mid-sized businesses climbed slightly in March, according to a survey conducted between 3-13 March by the Canadian Federation of Independent Business. The March Business Barometer index rose slightly to 87.3 from 86.1 in December. 'Canadian small- and mid-sized business confidence has held firm in light of having to deal with significant levels of economic uncertainty through the early months of 2009,' CFIB's chief economist Ted Mallett said. The survey found that the most optimistic business owners are in Newfoundland and Labrador, where the index came in slightly below the 100 mark.
The Financial Post - Credit access looks to be improving (24 March 2009) Signs emerged on Tuesday that banks and other market players might have enough credit at their disposal for the time being, as simultaneous auctions held by the Bank of Canada and Canada Mortgage and Housing Corp. aimed at pumping additional liquidity went undersubscribed. Analysts said this is the latest sign that Canadian efforts to improve credit access are working. 'The [market] does not have as much pressing need for financing as previously,' said Michael Gregory, senior economist at BMO Capital Markets. Mortgage rates have declined since the first auction was held on 16 October. The five-year fixed rate was 5.79% on 18 March, compared with 7.2% on 15 October.
Reuters Canada - Manitoba forecasts C$48 million surplus, trims taxes (25 March 2009) Manitoba is projecting a C$48 million budget surplus in 2009-10, bucking a trend. Manitoba's budget, presented on Wednesday, includes cuts to mining, personal, and corporate income taxes. It plans to eliminate its small business tax by 2010. The government is tripling the value of loans available in a programme to help businesses expand. It will also spend C$1.6 billion on infrastructure, a C$625 million increase, to stimulate the economy. And the government is budgeting a C$20 million debt payment to cut overall provincial debt. It expects to finish the current 2008-09 year with a C$316 million surplus. The Manitoba government has balanced every budget over the last 10 years. The Conference Board of Canada expects Manitoba to lead all provinces except Saskatchewan in economic growth this year. Manitoba's economy is less reliant on commodity prices than some provinces and it should get support from its farm economy, hydro-electric projects, as well as aerospace and bus manufacturing industries, the board has said.
From a Canadian Press report on this: The budget includes C$1.6-billion in infrastructure projects, including housing, hospitals, highways, schools, and water treatment plants. The province is also pouring C$53-million more into public schools and increasing operating grants for colleges and universities by six per cent. The government boasts that the province is weathering the economic storm well, with one of the lowest rates of unemployment in the country and 'steady-as-she-goes' growth. The government says Manitoba still has plenty of work to keep its diverse manufacturers busy.
The Vancouver Province - Vancouverites top household net worth in Canada (25 March 2009) Vancouver is the city with Canada's wealthiest households, according to the results of a study released by Pitney Bowes Business Insight. The average net worth of households in the Greater Vancouver Area in 2007 was C$592,851, with Toronto in second-place at C$562,173. Calgary is in third place with an average household wealth tally of C$560,332, while Victoria is fourth with C$544,542.
CBC News - Regina crime down 27% over decade, board report says (25 March 2009) Regina's police board is hailing a significant drop in crime over 10 years. Total offences have fallen by about 27 per cent from 1999 to 2008. The biggest drops were in residential break-ins and car thefts, down 67 per cent and 53 per cent, respectively. Crimes in which citizens were hurt, defined by police as 'crimes against the person,' were also down in the 10-year span, by 15 per cent.
Reuters Canada on plans for power corridor from New Brunswick to US Northeast (25 March 2009) Irving Oil, a privately held refiner and gasoline retailer, said it is planning to create an 'energy corridor' that could deliver as much as 1,500 megawatts of power from New Brunswick to the US Northeast. Irving has launched a feasibility study into developing the initial stage of the corridor. The feasibility study is also being supported by the governments of New Brunswick and Maine. The plan includes transmission lines capable of carrying between 1,200 and 1,500 megawatts of electricity from wind generators, in addition to a natural gas co-generator that would supply base-load power for the line (that could be used to backstop the huge, but inconsistent wind power generation that is being developed in the province and in Maine). The projected 1,500 MW would be more than enough to light a city of 1 million.
From a Financial Post report on this: 'The proposed energy corridor will help accelerate the development and deployment of clean, renewable and greenhouse-gas-free electricity generation resources in both New Brunswick and Maine, as well as help address and support the overall North American energy security agenda,' said New Brunswick Premier Shawn Graham in a statement.
The Globe and Mail - Commuter helicopters go carbon neutral (24 March 2009) A helicopter company has elected to become the first private firm investing in the British Columbia government's carbon offset programme. Danny Sitnam, president of Helijet International, said his company is going carbon-neutral in response to customer demand. The company will invest an estimated C$100,000 a year in the Crown corporation Pacific Carbon Trust to offset the 4,000 metric tonnes of greenhouse-gas emissions its helicopters produce. The trust will invest in environmental projects designed to reduce carbon emissions. A mainstay of Helijet's business is a commuter service between Victoria and Vancouver. Mr Sitnam took Environment Minister Barry Penner and Finance Minister Colin Hansen on the first carbon-neutral flight on Monday to mark the occasion. Mr Hansen predicted other companies will want to follow suit. And he doesn't think the recession has dampened enthusiasm for environmental issues. 'I don't find that British Columbians are any less concerned today about climate change than they were a year ago,' he said.
From a Victoria Times Colonist report on this: The Pacific Carbon Trust is aiming to offer greenhouse-gas offsets, allowing its clients, in the public and private sectors, to meet carbon reduction goals. These offsets—resulting in an overall reduction of emissions—are to be available through BC-based projects. It will be investing in initiatives such as solar, wind or water projects that produce renewable energy. It is also interested in projects that conserve energy and improve a building's efficiency. Finance Minister Hansen said investments will be in projects that are 'accountable, are measurable, are quantifiable, and actually demonstrate that the carbon offsets that are bought will in fact remove those tonnes of carbon from the atmosphere that they purport to do.' Helijet joins other airlines already spending on carbon offsets. For example, Harbour Air announced in 2007 that it was offsetting its greenhouse gas emissions by giving money to a Vancouver non-profit society that reinvests those funds in green energy projects. Air Canada works with the Zerofootprint non-profit organization to help passengers figure out how much carbon their flight will generate and give them the opportunity to buy carbon offsets.
Canwest News Service - Ont. scientists track rare asteroid across the world (25 March 2009) Brown raced to the University of Western Ontario's observatory near London. He, like his colleagues around the globe, trained his telescope on the truck-sized boulder streaking across the sky. Now the asteroid trackers have found the rock's remains in the Nubian Desert in northern Sudan, the first time scientists have ever tracked a space rock all the way to the ground. 'This is huge,' says Brown, co-author of a report on Thursday in the journal Nature detailing the impact and recovery of asteroid 2008 TC3 that fell to Earth on 7 October. 'It's one of the holy grails of meteorite and asteroid science' to be able to link a rock in space with its remains on Earth, he says.
It also shows the international space community can actually predict when and where space rocks are going to hit—in this case, to within seconds of impact, and a kilometre of where it will hit the ground. It is the 'first confirmed Earth-impact prediction ever,' Steve Chesley, a scientist in NASA's Near-Earth Object Program, told reporters Wednesday. Asteroids are described as meteorites once they hit the ground. They have found more than 280 pieces that together weigh just a fraction of the 80,000-kilogram space rock, most of which vaporized. The scientists say it is enough to provide valuable insight into the solar system since asteroids date back to when the planets formed about 4.5 billion years ago. The remains of 2008 TC3 contain tiny crystals and diamonds and evidence of volcanic activity that suggest the space rock was once part of a larger asteroid that almost became a planet.
From a CBC Newsreport on this: The finding was like a gift from the heavens, said University of Western Ontario astronomer Peter Brown.
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