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Russell Banner in Russell, Manitoba

10 Nov 1998

Page 6

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Russell Banner November 10, 1998 Page 6 old newspaper archives

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Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Nov 10, 1998

Page

6

Armistice Day marked by veteran guests and restored paintings

Eye on the home marks Armistice Day with ceremonies across Manitoba as 114000 Canadians perished in two world wars and Korea. Senator Gildas Molgat hosts a rededication of eight restored paintings in the Senate Chamber with 17 Great War veterans as guests of honour. Britain and Ireland leaders jointly honor war dead at Ypres, signaling hopeful peace in Ireland.

MENTIONED IN THIS ARTICLE

Canada Manitoba Gildas Molgat Senate Lord Beaverbrook Sen. Molgat Liberal Party of Britain Queen Elizabeth London Eire Mons Gate Ypres Ireland Ulster
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Canadian Baby Boomers Face Growing Retirement Crisis

The Turner Report notes a Bank of Commerce survey showing 62 percent expect to work past 60, 72 percent lack a financial plan, and 51 percent have less than 30 thousand dollars saved. To reach a target near half a million by retirement, large savings or investment gains are needed, while many rush to cheaper funds amid rate declines.

MENTIONED IN THIS ARTICLE

Dow New York Etter TSE Bank of Commerce
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Time to buy as markets shift and bonds fade

The writer argues Canadian savings bonds offer poor real yields after inflation and taxes, forecasting a broad retirement crisis with rising seniors, limited CPP reach, and the need for policy action. Optimism returns on a rebound in the dollar, gold, and stocks, with a cautious call to invest in equities and mutual funds while markets dip.

MENTIONED IN THIS ARTICLE

Itawa Toronto Bay Street Nall Street
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Also Mentioned on This Page

Editorial McNa.com McNa Mb.sympatico.ca Russell Banner P.O. Box Russell Main Street THE Turner Report Ottawa Canada Pension Plan
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