Real Estate

Doug Ford gets an A- from CFIB for cutting red tape for small businesses

Doug Ford, Ontario's premierCole Burston/Bloomberg Ontario Premier Doug Ford is one of the four “red tape crusaders” to be honoured with Canadian Federation of Independent Businesses’ (CFIB) Golden Scissors Award. The award is given every year to a politician, public servant or government that eliminates unnecessary bureaucracy standing in the way of small businesses. This […]

Finance

The real reason people fail to save enough for retirement — and what you can do to limit the damage

Perhaps as important as how much you need to save to retire is an understanding of the things that prevent people from saving enough in the first place — despite their best intentions.Illustration by Chloe Cushman/National Post files While there are conflicting opinions on whether Canadians are saving enough for retirement, there is no doubt […]

Business

Sears to stay in business after Eddie Lampert’s hedge fund wins bankruptcy auction

An empty shopping cart sits outside a Sears store in the Streets of Southglenn mall in Littleton, Colo.David Zalubowski/AP Photo file Eddie Lampert, the dogged billionaire who’s hitched his career and reputation to a fading American retail icon, will get another chance at reviving Sears Holdings Corp. In an agreement reached in the wee hours […]

Finance

Millennials are no different from their baby boomer parents — they’re just poorer

Millennials have less money to spend but they’re still spending on the same things as other generations.Files In the court of public opinion, millennials are the most infamous serial killers. American cheese. Credit cards. Taxis. The Thanksgiving turkey. Even divorce. This generation’s cultural killing spree has left few corners untouched. Now there’s evidence for an […]

Finance

Does rent control stifle construction? Until there’s more data, the jury’s still out

Rental vacancy rates have barely budged from levels of less than 2 per cent and rents have continued to rise after Ontario brought in rent controls in 2017.Postmedia News Ontario has done yet another somersault on rent control regulations. Premier Doug Ford’s government recently reversed the stringent rent control regulations that were enforced last year […]