Monday, 16 February 2015

India Passes China to Become Fastest-Growing Economy - 2015 trends // Proof of India's rise again...


India Passes China to Become Fastest-Growing Economy
Wall Street Journal (blog) - Feb 11, 2015
Everyone from the World Bank to Goldman Sachs had predicted it wouldn't happen for another two years but recent recalculations indicate that India has already dethroned China as the world's fastest-growing big economy. Late Monday, India's statistics ...

India fastest growing economy
The Hindu - Feb 9, 2015
The overall economic situation in the country is looking better and the basic parameters of the Indian economy are moving in the right direction, Union Finance Minister Arun Jaitley said ahead of the release of the advanced estimates by CSO. “India's growth ... 


Methodology change sees Indian economy grow faster than China's
Reuters - Feb 9, 2015
The International Monetary Fund (IMF) last month also predicted India would overtake China next year as the fastest growing major economy with 6.5 percent annual growth compared with 6.3 percent for China. However, listless corporate spending and ... 


It's Official: India is World's Fastest-Growing Big Economy
NDTV - Feb 9, 2015
India on Monday forecast that annual economic growth would accelerate to 7.4 per cent in the year ending in March after its statisticians changed the way they measure Asia's third-largest economy. The new estimate is sharply higher than the Reserve Bank of ...


India to grow at 7.4%, outpacing China to become world's fastest growing economy
Daily News & Analysis - Feb 9, 2015
Indian economy will grow by 7.4% this fiscal, outpacing China to become the world's fastest growing economy, after a revision in the method of calculations. Aided by a 7.5% expansion during October- December, Asia's third-largest economy will this fiscal see ...

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India will Rise Again...

It is now common knowledge , that :
In 1750, China owned 33% of the global GDP and India, 24.5 %. In the same year, the combined share of Britain and the United States was a mere 2%.

A subsequent analysis found that India had the largest economy in the world for 1,700 of the past 2,000 years.

Very recently in 2014 news came out, that China's GDP (PPP) has overtaken the US economy to become the largest economy in the world.

It is now only a matter of time that India also catches up.

How & Why?

India's current population as per the World Bank report is 1.252 billion (2013)
Is just a whisker shy of China's.
China's population is about 1.357 billion (2013)

1. With the current population growth trends In the next 15- 20 years, India will surpass China to become the most populous country in the world.

2. India has the advantage of a younger population, a vibrant democracy and high level of grass roots penetration of English as the official second language.

3. India's private Gold holdings are estimated to be about 20,000 tonnes. This is either worn by the ladies in the form of jewelery, or in the possession of temples (God's Gold) or locked up in safety deposit boxes.
This huge amount is sufficient to wipe out all of of India's National Debt, plus leave aside sufficient to help grow the economy for the coming decades.

Indian households have piled up as much as 20,000 tonnes of gold, worth $1.16 trillion, an historic high.
Indians hoard 20k tonnes gold worth record $1.16 trn - Financial Express
url : http://archive.financialexpress.com/news/indians-hoard-20k-tonnes-gold-worth-record-1.16-trn/1037761

These factors will combine to catapult India as the second largest economy after China (PPP) in the next 15- 20 years.

It not far out in the future in about 40-50 years, that we may live to see the day that India over takes even China to become the largest economy.
The title "Soone ki Chidia" (the golden bird) may not be a far fetched dream after all.

Best regards.

Rahul Vashisht 
Quote : Turn your face towards the sun and the shadows fall behind you.
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Obama's trip to my homeland: Proof of India's rise again - CNN
http://edition.cnn.com/2015/01/23/world/obama-india-trip-personal-essay/

......"I recently read a story in a Indian news magazine that mentioned a 1983 study of the world economy that created quite a stir among Western economists. The study said that in 1750, China owned 33% of the global GDP and India, 24.5 %. In the same year, the combined share of Britain and the United States was a mere 2%.

A subsequent analysis found that India had the largest economy in the world for 1,700 of the past 2,000 years.

So to call India an emerging power is silly. If anything, my homeland is re-emerging as the global power it once was.

India, of course, has a way to go to catch China, although it has already outranked Japan as the third largest economy.

OPINION: "Why 2015 will be a defining year for India"

Economic historian Robert Fogel has predicted that by 2040, the Chinese economy will reach $123 trillion. That's three times the economic output of the entire globe and quite staggering when you consider that China was considered a poor country in 2000.

Fogel thinks China's per capita income will hit $85,000, more than double the forecast for the European Union. China's GDP at 40% will dwarf America's 14%.

But some economists think that India has a chance to leap over China in about 50 years. The most recent World Bank forecast says growth in India is likely to outdo China's.

Granted, it's a prediction that has been made before and India has disappointed. But now with Modi in the driver's seat, many experts are hopeful that India can resolve problems of political stasis and take off like it was supposed to have done a decade ago.

India, says Rossow, is destined to become another pole of power."......

.... "India is a large country that will be population-wise, in the next 20 years, probably surpassing China," says Rossow. "Economy-wise, it'll be a rival and growing quite heavily."

.......I recently spoke with Hall about why he is going on the State Department-sponsored trip.

"The geopolitics of the world and its economic focus has shifted and it will continue to shift East," Hall told me. "India is a very significant player."

.... He says he is impressed by the burgeoning middle class in India and by the fact that India is rooted in democracy, unlike China.

India has the advantage of leapfrogging its development, says Hall. Indians are innovating above and beyond what was normal in the West and they have the advantage of learning from mistakes made by developed nations.

"They have a chance to address education, poverty and heath care in a wholesale way," says Hall. "Whichever emerging superpower brings its people along the best will be the most dynamic. The human element is what people always leave out."

Obama, says Hall, has every reason to reach out to Modi, a man who began as a "chai wallah" -- a tea seller -- and became prime minister of India.

That, after all, is the American dream realized in the land of my birth"......
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from Refugees to Moguls / Story of the Indian diaspora / India Conquers the World

Hello Friends,
Recently I've been traveling across continents, to my native land India. As a keen observer, I've been noticing subtle changes in demographic trends across the world.

Young Indian families are traveling further across the world and are encouraged by their extended families to take the plunge and seek fortunes in distant lands.
This is a growing trend and a cultural phenomena in the northern Indian Province of Punjab and the southern province of Kerala, Where the local economy has been totally changed by the influx of billions of dollars of expatriate money inflows over the decades.
Young people in these provinces are fixed at the idea of gaining those important skills and then quickly moving out, encourages by a network of their extended families, friends, who have successfully established themselves before.

Facts and figures :
Official figures of Indian diaspora are 25 million,  however unofficial figures of about  40 million worldwide, who claim to be either first generation immigrants or people who can have Indian ancestry.

Please find the time to read the article below.

Best regards.
Rahul Vashisht


On Wikipedia  : http://en.m.wikipedia.org/wiki/Non-resident_Indian_and_person_of_Indian_origin
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India Conquers the World - Newsweek Magazine
After a long eclipse, an ancient country finally returns as a force in global business and culture.
url : http://www.newsweek.com/indias-most-important-exports-brains-and-talent-68395

.....from refugees to moguls embodies a worldwide phenomenon: the growing size and sway of the Indian diaspora.
The exile population now numbers some 40 million people, spread across West Africa, the Americas, and East Asia. And in many of those countries—including the United States, Britain, Canada, Singapore, and Australia—Indian immigrants and their offspring have both higher incomes and higher education levels than the general population.

The international importance of India itself is rising to an extent unmatched since the onset of the European-dominated global economy in the 17th century. And with the country’s economy growing at roughly 8 percent a year for the past decade—more than double the rate of the United States—India’s influence can only continue to strengthen. Most economists predict that by 2025 the country will outstrip Japan to become the world’s third-largest economy.

India is more dynamic than any other major country in dem-o-graph-ic terms as well. Its population today is 1.21 billion, second only to China’s 1.3 billion, and thanks to the latter’s one-child policy, India’s numbers are expected to surpass those of China by the late ’20s, when India will have an estimated 1.4 billion people versus China’s 1.39 billion. Currently home to the world’s second-largest contingent of English speakers, India seems destined to step into first place, ahead of the United States, by 2020.

But the mother country’s rise has been more than equaled by that of India’s émigrés. In fact, the diaspora remains one of India’s most important sources of foreign capital. According to the most recent available figures, workers from India in 2009 sent $49 billion in remittances to relatives back home, outpacing China by $2 billion and Mexico by $4 billion. Four percent of India’s gross domestic product comes from North American remittances alone.

In fact, India’s business community tends to be family--centered, both at home and abroad. Chinese entrepreneurs are more than twice as likely to be financed through banks, most of them state-owned. In contrast, Indian firms and business networks tend to be essentially familial and tribal, extending in networks across the world. “Much of the Indian middle class has ties outside India,” notes researcher Vastala Pant, formerly with the Nielsen office in Mumbai. “Our ties around the world are also family ties.”

The importance of such familial links can be seen in the close relationship between diaspora settlement and commerce. The top five areas for Indian investment—Mauritius, the Americas, Singapore, the United Arab Emirates, and the U.K.—have large, established Indian communities and -Indian-run companies that are particularly active in electronics and software.

Today, even the largest Indian firms, such as Tata and the Reliance Group, are controlled by groups of relatives whose power is enhanced by their wide geographic reach. “We’re very flexible about doing business,” notes Lalvani, who was raised in Britain, is a permanent resident of Hong Kong, and is married to an Indian-American. “We’re global and cosmopolitan—ethnically Indian but also tied to the U.S., U.K., and Hong Kong. They’re all things that make me who I am, and make our business work.”
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The Indian diaspora began when Indian workers fanned out across the British Empire during the late 18th century. The exodus intensified after Britain abolished slavery in 1834, setting off a major demand for labor around the globe. Indians were sent out to become contract laborers on Malaya’s rubber plantations, or to work as indentured serv-ants in the West Indies. Although many eventually returned home, others stayed in their new countries, and in many -cases became integral parts of the national economy. Some rose to skilled positions in the colonial civil service and military, while others became businessmen, teachers, doctors, and moneylenders.

Even after the empire’s end, émigrés kept pouring out of India to seek better lives abroad—and with them they brought brains and a willingness to work hard. In the United States, where the Indian diaspora represents less than 1 percent of the population, its members account for roughly 13 percent of the graduate students at the country’s top universities. Overall, 67 percent of people of Indian descent living in America hold at least a bachelor’s degree, compared with 28 percent of the total population. And those statistics are echoed elsewhere in the world. In Canada, people of Indian descent are twice as likely to hold graduate or professional degrees. In Britain, some 40 percent of the medical students and doctors in the National Health Service are of Indian, Pakistani, or Bangladeshi origin.

Indians’ presence in the business realm is no less nota-ble than in the world of higher learning. According to the latest survey by the University of Essex, the per capita income of ethnic Indians in Britain is about £15,860 (nearly $26,000), higher than that of any other ethnic group in the country and almost 10 percent above the median nation-al income. The study found that the unemployment rate among ethnic Indians is close to half the national average. In the United States, recently published data estimate average household income at $50,000, but it’s $90,000 for ethnic Indians—and a 2007 survey found that between 1995 and 2005, more companies were launched by ethnic Indians than by immigrants from Britain, China, Japan, and Taiwan combined.

The expatriates have brought their culture with them—and that too is spreading into the general population wherever they go. Two million Brits enjoy at least one Indian meal per week, and onscreen entertainment from India has permeated the global market. Not so long ago, Bollywood movies were largely intended for domestic consumption, but foreign sales have become significant in recent years, with the large markets in the dominant diaspora countries. Today, Bollywood movies and television shows command an estimated $3 billion to $4 billion in overseas receipts, placing India’s film industry second only to Hollywood itself. In fact, India beats the rest of the world in the number of movies made and tickets sold, and industry sources estimate that as many as a third of ticket buyers in the West are non-Indians.
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Sunday, 14 December 2014

Economic Outlook 2015 - The Looming collapse of the Canadian Economy // Advantage to the Emerging Markets

Hello Friends,
Last year's (2013) Report : Collapse of the Emerging Markets // Advantage America & Canada - sent out on 30-Sep-2013, highlighted the collapse of the Emerging Market Economies & in particular the depreciation of the India Rupee at that time by about 20 - 30%, and how the American Economy & the US Dollar were once again poised to become the dominant player in the World Economy. This was due to
six major advantages over developed and developing country competitors, & it came out to be very true & most of the predictions were correct, to the point.
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Significant Events in 2014 & trends for the next year 2015 / My Analysis :
 
1. Petroleum Industry : Crude Oil Prices have fallen over 40% from over USD$100 a barrel to about $58 today in a matter of only 6 months.
This is a major spoiler for Canada & in particular Alberta, who's economy is largely dependent on the Petroleum industry.

Source: InfoMine.com
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2. Canadian Dollar is down more than 15% since last year vs the US Dollar.
This is a blow to the consumers as a large part of consumer products are imported into the country from either the US or from China.
Almost every product in the Mall or at a store is either fully imported or has been partially processed outside the country, & a declining exchange rate makes those products more expensive for the consumers.
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3. Housing Sector : Even-though the Housing sector has seen tremendous growth over the last 3-4 years, however according to several reports it is now in bubble territory, propped up by foreign money. Several reports indicate the Housing sector is due for a 10 - 30% correction in the near future.
Once interest rates begin to climb up, then there is going to be a lot of pressure on many to sell as they may not be able to afford higher mortgage rates.
This may have a tumble effect & prices may come down sharply over the next 1-2 years.
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4. Stock Market :
The S&P TSX has erased previous gains of this year & 2014 YTD (Year to date) increase is less than 1%.
Most of the underlying participants in the TSX - Canadian Blue chip companies are in no-growth or negative growth territory at this time, due to the falling Oil prices and the bleak economic outlook for the Canadian Manufacturing industries.
Blue chip manufacturing, resource & engineering companies, which have previously been the darling of the markets, have recently reported poor performances in terms of sales & order bookings for the next year.
Bombardier Inc, stock is down almost 10% YTD this year. Bombardier recently lost a bid to supply trains to Boston’s subway system. The winning bid was placed by China CNR Corp., a company that is very keen on breaking into the American market. The $567 million deal gives China CNR its first contract in North America.
SNC-Lavalin Group Inc, the largest engineering company in Canada. Its
stock is down almost 15% YTD this year, due to badly performing resources (mining) sector.
Suncor Energy, Canada's largest Petroleum company's stock is down more than 13% YTD.
Husky Energy, another Petroleum Industry giant's stock is down more than 34% YTD.
With these trends, it is difficult to say how the markets will perform next year, but the overall picture is not very rosy.

Those people who could make money staying home & day trading in the stock market, now need to start dusting off their resume, & will have to get a real job to pay their bills.


Source: Google
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5. Household Debt & Rate of Interest :

Source: BCA

Take a look at the chart first & then you will begin to understand the big picture.
The only reason the Canadian economy survived the last sub-prime mortgage crash in 2007-08, was that the Canadian Banks were more financially sound than their American counterparts.
Canadian housing debt was secured by sound lending practices & many homeowners had more than 20% equity in their home. There was very little sub-prime lending at that time.
This may not be the same scenario now in 2014 as household debt has sky-rocketed to over 160% of income & is now fast approaching the bubble territory.
Many Canadians are upto their eyeballs in debt, with very little room left to maneuver. Any small change in the prime lending rate of interest may have a cascading effect on many.
Does this chart show you an image of a healthy / robust & growing economy. To me it looks the image of a sick man, barely enough income to support his lavish lifestyle & bills piling up fast.
It seems 2015, will be the break year, when things start breaking down. Canada does not have the benefit of the world's reserve currency as was the case in the US. The US was able to bail itself out of a messy situation by massive Quantitative Easing, Bond Buying Program & financing the mortgage backed securities purchase program to prop up the real estate market. This may not be possible here.
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6. Emerging Markets :
Falling prices of resources (Crude Oil, Coal, Iron Ore, Copper, etc), is boosting the manufacturing industry in the emerging markets.
With petrol prices falling, consumers in India & other emerging markets have suddenly received a boost to their consumer spending. Food & other essential items & commodities have suddenly become cheaper 10 - 20% & some items even 30-40%.
This will in times to come create one of the biggest consumer demand in countries such as India & China. FMCG industries will gain tremendously due to the increase in consumer spending over the coming 1-2 years.

Overall : For investors, it may be time to diversify again into the emerging markets as the economic outlook here in Canada may remain bleak over the coming 1-2 years.

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Disclosure : This is not investment advice. I'm only providing general information & news items. Do your own due diligence. I hold no responsibility for any losses.

Read my Blog:
Rahul's Café Canadian
Thanks & Regards,

--
Rahul Vashisht

Thursday, 6 November 2014

Saskatchewan has the lowest unemployment rate in Canada // 12,772 jobs posted in Sask today / Sask Economy Booming // Huge Opportunities

Disclosure : This is not investment advice. I'm only providing general information & news items. Do your own due diligence before moving or investing. I hold no responsibility for any losses.


Home / Property Values go, where people go & people go, where the jobs are !!!

Saskatchewan : small boom towns, have some of the highest average family incomes in Canada.
A recent report examined & rated : 7 small Boom towns in Sask, which are ranked among the top average wage earning small towns in Canada by any comparison & are leading the way in huge business & property investment opportunities over the coming years.
These small wind swept prairie towns of the past have been transformed to boom towns, where suddenly shopping malls, plazas, housing complexes, 
restaurants, fast food joints, Hotels, Motels, Gas stations & other building projects are coming up in full swing. These are huge opportunities for small businesses (those who are looking to setup a small business - store, restaurant, etc), as well as for individuals looking for a job. These opportunities exist for now as well in the near future as people from across the world are moving in for jobs in the farming sector, Oil & Natural Gas Industry, & Mining.

7 small town investment boom centers in the Sask property market :

* Warman, SK - farmland value $25,000 an acre - avg household income : $91,000 per year
* Swift Current, SK - $200 million in new upcoming projects -
avg household income : $96,000 per year
* Estevan, SK - $400 million in annual retail sales - the highest avg household income in Canada - avg household income : $143,400 per year
* Prince Albert, SK - avg household income : $91,000 per year
* Moose Jaw, SK - center for the potash industry - 
avg household income : $86,000 per year
* Lloydminster, SK - largest concentration of crude oil facilities in the Province -
avg household income : $107,000 per year 
* Martensville, SK - avg household income : $100,000 per year .

I encourage the young people, who are looking for a job & to build a career, to look west towards Saskatchewan. This may be the bright prosperous future for Canada.
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http://www.ozziejurock.com/insights/article.asp?id=9545
Saskatoon, SK
With an apartment rental vacancy rate of 2.6 per cent Saskatchewan's biggest city is a prime landlord investment market.
Saskatoon is drawing a lot of young people - even from Vancouver - despite its wintry weather. With 6,100 migrants arriving last year - a record high - the city now has 272,000 residents. It also has the strongest economic growth of any city in Canada this year, as forecasted by the Conference Board of Canada, which pegs its growth at 3.7 per cent this year and 3.8 per cent in 2014. As a comparison, Vancouver will see about 2.3 per cent GDP growth both this year and next.
Saskatoon is bursting with jobs, with an unemployment rate at 3.9 per cent. Housing starts are at a 30-year high; building-permit values hit a record of $1.1 billion last year; and the average weekly wage is around $910, compared with $869 in much-more-expensive B.C.


  1. Retailers eye smaller markets

    Saskatoon StarPhoenix-Oct 15, 2014Share
    As retailers have success in places like Saskatoon and Regina, they are now branching ... The report provides economic data such as current populations, projected populationgrowth, household income and vacancy rates. ... That is what has happened in Warmanand Martensville where new retail space ...

  1. “Best of both worlds” - Western Investor

    ... million per acre · Home Regional Views Saskatchewan “Best of both worlds” ...Lloydminster benefits as it straddles Canada's two fastest-growing economies.
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Recent News Items :

Saskatchewan has the lowest unemployment rate in Canada



  • Saskatchewan has the lowest unemployment rate in Canada

    Mar 8, 2013 - Saskatchewan had the lowest unemployment rate in Canada in February 2013, at 3.8 per cent (seasonally adjusted), the lowest since November 2008 when it was 3.7 per cent and well below the national rate of 7.0 per cent.
  • Saskatchewan's May unemployment rate lowest in Canada ...

    globalnews.ca/.../saskatchewans-may-unemployment-rate-lowest-in-cana...

    Jun 6, 2014 - The unemployment rate in Saskatchewan was the lowest in Canada for the month of May.

    1. Unemployment rate in Saskatchewan at 'historic low'

      MetroNews Canada - ‎Aug 8, 2014‎.
      “Our impressively low unemployment rate is the highlight of today's report,” 
    2. said Agriculture Minister Lyle Stewart on behalf of Associate Minister of the Economy Jeremy Harrison in a release. “Saskatchewan's rate of unemployment is now lower than every ...

    3. Saskatchewan sees lowest unemplyoment rate ever

      Canadian HR Reporter - ‎Aug 8, 2014‎
      Unemployment in Saskatchewan hit a historic low in July, clocking in at 3.3 per cent (seasonally adjusted). This is the lowest unemployment rate on record for the province since Statistics Canada started recording employment data in 1976, said the provincial ...
    4. ============================================
    Saskatchewan : 3rd highest weekly wages in canada


  • WAGES CONTINUE TO INCREASE IN AUGUST | News and ...

    www.saskatchewan.ca/government/news-and-media/.../weekly-wages

    3 days ago - Workers in Saskatchewan are taking more money home according to new figures released by Statistics Canada today. Average weekly earnings in the province were $986.22 in August, the third highest among the provinces. Wages were up 4.0 per cent on a year-over-year basis, above the national increase of 3.5 per cent.
  • Saskatchewan Wages Among Best in Canada | News and ...

    gr.gov.sk.ca/government/news-and-media/2014/april/.../weekly-earnings

    Apr 29, 2014 - New data from Statistics Canada released today shows average weekly earnings in Saskatchewan were $961.90 in February 2014, third ...
  • ============================================
    Saskatchewan Agriculture & Agricultural Farm Land boom


  • Immigrants Seeking Greener Pastures in Saskatchewan ...

    Investors from South Korea, China and India are snatching up prairie farmland by the hectare, taking full advantage of the province's agricultural boom in recent ...
  • Saskatchewan News - Western Investor

    Farmland values in Manitoba soared 25.6 per cent in 2013 compared to a year earlier and shot up a startling 28.5 per cent in Saskatchewan, the biggest ...

    1. Saskatchewan adding value to its agriculture

      Regina Leader-Post-Oct 7, 2014
      The province is also making progress toward its Growth Plan agriculture goals. In 2013, Saskatchewan harvested a record 38.4 million tonnes.





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    Hello Friends,
    Proof is in the pudding. I have been harping on this for over 5 years now. Whereas Ontario, Quebec & the Atlantic Provinces may see stagnant growth over the next few years, due to falling manufacturing activity.
    Saskatchewan; on the other hand, has continued to be the bright spot & continued to lead the way in terms of economic growth over the last 4-5 years & will continue to do so, into the next decade, due to basic economic fundamentals : Large Land Mass, Low Population, Most Productive land in Canada in terms of agriculture; Large untapped resources (Oil, Natural Gas, Potash, Gold, etc) and so on..

    A note for all new immigrants & potential immigrants -
    Now with the new federal immigration rules - it is next to impossible to bring your siblings (brothers, sisters, cousins) & other relatives (Uncles / Aunt) in Canada for Permanent residence - due to the new federal guidelines - that route is still open to you through the Saskatchewan Immigrant Nominee Program (SINP), if you are a resident of that province for 1year or more - you can still sponsor your siblings.

    New Immigrants who have not established roots in Canada as yet and have no particular affinity to a particular town / province - to those I will suggest to think of settling down in the Prairie Provinces as their economies are more robust and there are better chances of finding good jobs and better work opportunities.

    Best Regards,

    --
     Rahul Vashisht
    Quote : Turn your face towards the sun and the shadows fall behind you.

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    Saskatchewan : A Great Place to live & Work
    Largest Portal for Jobs in Saskatchewan.
    12,772 jobs posted in Saskatchewan today
    http://www.saskjobs.ca/
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    Canadian City 2014 Growth Forecasts - prosperity saskatchewan
    http://prosperitysaskatchewan.wordpress.com/2014/02/27/canadian-city-2014-growth-forecasts/
    Calgary, Regina, Edmonton, and Saskatoon will lead Canadian metropolitan areas in economic growth in 2014

    Prairie Cities to see Most Economic Growth in 2014
    http://www.conferenceboard.ca/press/newsrelease/14-02-26/prairie_cities_to_see_most_economic_growth_in_2014.aspx
    The construction of a new professional football stadium will help boost Regina's construction sector. However, GDP growth is forecast to rise by a more moderate 3.5 per cent this year, down from 5 per cent in 2013, as growth slows in manufacturing and in the overall services sector. Following impressive growth of 6.5 per cent in 2013, Saskatoon's GDP will expand by 3.2 per cent this year, as ongoing strength in the services sector is offset by slower activity on the goods-side of the economy.

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    Canada's Saskatchewan faces enviable problem: too many jobs - Reuters
    http://www.reuters.com/article/2012/10/16/canada-economy-saskatchewan-idUSL1E8LG9NW20121016?type=marketsNews

    Seed capital: How immigrants are reshaping Saskatchewan's farmland - The Globe and Mail
    http://www.theglobeandmail.com/report-on-business/seed-capital-how-immigrants-are-reshaping-saskatchewans-farmland/article4610589/


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    WHAT THE WORLD IS SAYING ABOUT SASKATCHEWAN
    url : http://www.enterprisesaskatchewan.ca/quotes

    Saskatchewan is the third-best place in the world for mineral investment – out of 79 jurisdictions surveyed across Canada and around the world.
    Fraser Institute Survey of Mining Companies: 2010/2011 - March 2011

    “Anchored by growth in the potash industry and steady gains in the energy sector, Saskatchewan is poised for a period of prolonged economic prosperity.”
    Conference Board of Canada – February 2011

    "If you care at all about the future of the world's food supply, you care – whether you know it or not – about Saskatchewan.”
    Andrew Ross Sorkin, Columnist – The New York Times, October 11, 2010

    "I can tell you that Saskatchewan is the envy of a lot of places around the world right now – almost a safe haven from the ravages of the great recession. This province has exceptional resources, talented people and tremendous economic potential.”
    William J. Doyle, President and CEO, Potash Corporation of Saskatchewan

    "Unlike most of the rest of Canada, frankly, and probably unlike most of the rest of the world, I think for Saskatoon and Saskatchewan as a whole (the recession) has really allowed the province to catch its breath. For a lot of North America and a lot of the world we've seen a lot of increased unemployment and, if not recession, then shrinking growth down to flat, whereas Saskatchewan has seen continued growth and is at half the unemployment rate as the rest of Canada."
    Matthew Bosrock, Deputy CEO, HSBC Bank Canada – November 5, 2009
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    Move to Saskatchewan
    url : http://www.gov.sk.ca/move-to-saskatchewan/

    Whether it's the lure of a balanced lifestyle, being closer to friends and family or an exciting opportunity that has you on the move.
    Here are a few links to programs and services that will help you make the move.
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    IMMIGRATING TO SASKATCHEWAN
    Each year, Saskatchewan welcomes many immigrants and visitors from around the world. Saskatchewan is committed to working with the federal government and local communities to not only attract more immigrants to the province, but also ensure that they obtain meaningful employment and thrive in their new communities after they arrive.

    Saskatchewan Immigration :
    url : http://www.saskimmigrationcanada.ca/immigrating/

    Saskatchewan Immigrant Nominee Program (SINP)
    url : http://www.saskimmigrationcanada.ca/sinp
    The Saskatchewan Immigrant Nominee Program (SINP) can provide an alternate and quicker means of entry into Canada.  It allows Saskatchewan to nominate applicants, who qualify under criteria established by the province, to the federal government for landed immigrant status.

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    Monday, 8 September 2014

    My Star-Gazing: Scientific Astrological Forecast - Sep/2014

    Hi Friends,
    I will be resuming my monthly Astrological Forecasts & may not post the full version on the groups forum as it may not be relevant to the forum at large - However the full monthly forecasts will become available on my Blog:
    Rahul's Café Canadian


    September-2014 - some significant events :

    Favourable / Very Favourable Transits :
    1. Sun transits Leo(5) : 17-Aug to 17-Sep-2014 - in its own Sign (Rashi)
    2. Mercury in Virgo(6) : 29-aug to 21-sep-2014 - is exalted (very beneficial)
    3. Mars in Scorpio(8) : 05-sep to 18-oct-2014 - in its own sign (Rashi)
    4. Jupiter in Cancer(4) : 19-jun-2014 to 14-jul-2015 - is exalted (beneficial)
    5. Saturn in Libra(7) : 05-Aug-2012 to 02-Nov-2014 - is exalted (beneficial)

    These are 5 very favourable combinations to produce a "Raj Yoga".
    What is Raj Yoga :- Raj yogas are Shubha (auspicious) yogas that give success and a grand rise in career or business, and a greater degree of financial prosperity particularly during this dasha (tansit / period) of the planets that give rise to Raj yogas.
    Such planetary situations and combinations indicate good fortune, wealth, comforts, exercise of ruling power and political influence gained either by way of inheritance or acquired through self-effort, are termed as Raj yogas.
    This period particularly between 05-sep-2014 and 17-sep-2014 is very auspicious.
    Children born during time period have the all the Planetary combinations of a "Raj Yoga" - Eloquent speaker, well formed limbs, wealthy, famous, well-liked by all, delighted, courageous, and confident as the Sun.

    The only spoiler during this month is when Venus enters Virgo - 25-sep-2014

    Venus transits Virgo(6) : 25-sep-2014 to 19-oct-2014 - debilitated
    The debilitation sign of Venus is Virgo, making it difficult for Venus to express its beneficial energy during this transit.
    Venus being our main representative of love and relationship. During this transit, there may be a misunderstanding, which may escalate & may take a while to heal.
    Venus moving into Virgo puts Venus and Mercury into a special exchange (parivartana) as they will be occupying each others signs. This strengthens not only Mercury and Venus, but also the signs that they are occupying, Libra and Virgo.
    So there are chances, that any unpleasant situation may be quickly resolved.

    Overall : This may be one of the best planetary combinations during the year.
     Projects that have been gathering dust need to be re-worked on, as this auspicious combination will bear good fruits to your hard work.


    Best Regards,

    Read my Blog: Rahul's Café Canadian

    --
     Rahul Vashisht
    Quote : Turn your face towards the sun and the shadows fall behind you.
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