Alienating a former spouse may come with a cost in family court

In many high-conflict separations, children often become involved in the battle between their parents.Postmedia News “I have a full family and it doesn’t include your (sic) sorry a– ,” wrote a 21-year-old son to his father in a 2005 Ontario case. “If you haven’t realized, you have been replaced.” In that case and in many …

Millennials are ditching credit cards, and it’s threatening the entire industry

Millennials appear to be uncomfortable with credit cards compared to older generations.Martin Meissner/AP Photo files Millennials have been accused of disrupting many industries, from newspapers to brick-and-mortar stores. Credit cards appear to be next in line. Just one out of three millennials carries plastic, according to a Bankrate.com survey, compared to the majority of older …

Can you trust your retirement savings to a robot?

Can you trust your retirement to a robot? Illustration by Chloe Cushman/National Post files Back in the 1990s, long before ETFs and robo-advisers, I would write a periodically updated column in this newspaper on something I dubbed the “Rip Van Winkle” portfolio. I argued a simple portfolio of two actively managed mutual funds — one …

These are the top tax issues Canadians should look out for in next week’s budget

Finance Minister Bill Morneau. It’s truly anyone’s guess how the Liberals might (or might not) address major tax policy issues in its third federal budget.Justin Tang/The Canadian Press files Sweeping U.S. personal and corporate tax reform. An overtaxed one per cent. Small business owners still seething over last summer’s controversial private corporation tax proposals. It’s …

Sound familiar? Canadians buy a whole lot of property in the U.S.

The only foreign buyers who bought more U.S. real estate than Canadians were Chinese. Bloomberg The Canadian saga with foreign homebuyers continues. On Tuesday, the NDP-led government in British Columbia unveiled a budget that included even stricter regulations targeting foreign homebuyers, who will soon be subjected to a 20 per cent transfer tax and additional …