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Canadians are feeling the recession, but not as badly as our american counterparts. The housing market has slowed, but not tanked, but the auto industry is faring no better here than below the border, as most of our plants supply the US market either with cars or parts. As far as retail goes, we saw more shoppers in the mall after Christmas than before it. People seem to have forgotten that their Retirement savings have been decimated.

 

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Can't say I know any fifty-somethings who are really that comfortable about backsliding 5 years in their retirement plans. or having to work another 7 or 8 to get back to where they were. Perhaps your situation is different.

 

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It is true that the media, in its insatiable lust for readers/viewers/dollars cannot seem to shed the tendency to over-dramatise everything. Some of us fall victim to the hype and end up using inordinately strong words like 'decimated', in an effort to make their thoughts stand out from among the myriad of others. I apologise for the relapse.