Will the generation who dreamed of Freedom 55 have to settle for Freedom
Plus: Ramp up to election day - Can slow and steady win the race for the
TORONTO, Oct. 9 /CNW/ - Stunning market declines around the world are
raising frightening scenarios for millions of Canadians. If you are an average
Canadian who invested in the stock market, you've just seen your retirement
nest egg drop by 35 per cent. If you are one of the millions of baby boomers
getting set to retire, you may be panicking. Economists are predicting a
recession for Canada, which would mean job cuts, less consumer spending and
Boomers have put hundreds of billions of dollars into mutual funds in the
belief that decades of steady economic growth would translate into a
retirement of beach vacations, summers at the cottage and a hefty legacy left
to the kids. Instead, millions find themselves with decimated retirement
funds, declining real estate values and uncertain job prospects.
Maclean's senior editor Duncan Hood and senior writer Jason Kirby
investigate how deep this crisis is and who will feel the greatest effect.
ALSO IN THIS WEEK'S ISSUE, ON NEWSSTANDS STARTING OCT. 9:
Maclean's team of political experts offers context and analysis before the
- Can slow and steady win the race? Ottawa editor John Geddes on how
the Conservatives are struggling to overcome economic headwinds that
are threatening to derail their push for a majority government.
- Stéphane Dion is finally learning the art of politics. Can he
capitalize on that momentum? Senior columnist Paul Wells reports.
- National editor and veteran columnist Andrew Coyne takes an in-depth
look at each party's platform and tells us just what we've learned in
PLUS: Julie Couillard talks to editor-in-chief Kenneth Whyte about love,
betrayal and Maxime Bernier.
AND: Why we are obsessed with (and scared of) Gov. Sarah Palin.
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For further information: Louise Leger, (416) 764-4125,