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Government Can’t Solve Housing Issues Alone, Private Sector Must Be Involved: CMHC

A new report by Canada Mortgage and Housing Corp. says government alone can’t solve the country’s housing affordability challenges. The scale of the problem is so large that the private sector must be involved, says the report by CMHC deputy chief economist Aled ab Iorwerth. The national housing agency says public solutions such as rent subsidies and more social…

Islamic State leader killed in battle, spokesman says

Abu al-Hassan al-Hashimi al-Qurayshi, the leader of the Islamic State group, was killed recently in battle, The Associated Press reported. The outlet reported that Islamic State spokesperson Abu Omar al-Muhajer made the announcement in an audio clip released on Wednesday, indicating he did not provide further details on who was responsible or when al-Qurayshi died…Read…

Oath Keepers leader verdict: What is seditious conspiracy?

Oath Keepers founder Stewart Rhodes and one of the group’s state leaders were convicted Wednesday of seditious conspiracy and other charges related to their role in the Jan. 6, 2021, insurrection.  Jurors announced their verdict in one of the most high-profile cases stemming from the insurrection after a nearly two-month-long trial and three days of…Read…

Corporate profits hit record high in third quarter amid 40-year-high inflation

Corporate profits in the nonfinancial sector hit a record high of $2.08 trillion in the third quarter even as 40-year-high inflation continues to squeeze American consumers. Profits adjusted for inventories and capital consumption rose $6.1 trillion from the second to third fiscal quarters, the Commerce Department reported Wednesday…Read More