Ryan Gosling and Rachel McAdams Still In Love?

Are Ryan Gosling and Rachel McAdams holding out for better timing?

People magazine thinks so, citing a source that claims Gosling is still head-over-heels for the actress.

Ryan, 28, has been dating McAdams since 2004, on-and-off throughout their fan-fave courtship. In late 2007, after Gosling gave a candid interview to GQ Magazine, it seemed The Notebook costars had split for good.

In 2008 Gosling and 30-year-old McAdams were spotted kissing at a restaurant in McAdams’ native Toronto, followed by a lot more quality time between the duo stateside. Yet another breakup ensued in November of this year.

“[Gosling] is still close to McAdams’ family and he still speaks to Rachel, but they are both openly single,” a magazine source speculates of their current status. “He still loves Rachel and Rachel still loves him, but the timing is off and they can’t make each other happy right now.”

Almost immediately after the recent split, Celebuzz reported that Gosling enjoyed a fluid transition back to bachelorhood, keeping his options open and focusing on his other talents, mainly moonlighting as a DJ at exclusive L.A. spot Bardot.

McAdams has always been an off-the-radar type, now thrust into the spotlight filming a Sherlock Holmes update with Madonna-ex Guy Ritchie.

Tell us: Are Ryan and Rachel destined to be, or just treading the waters of young Hollywood?