Focus on housing supply, not the mortgage stress test, says Scotiabank CEO

The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.Scotiabank president and CEO Brian Porter says while the stress test is “something that you have to look at occasionally, for sure,” the move by the Office of the Superintendent of Financial Institutions, a federal banking regulator, to bring in the...

Streatham Knifeman Named, Was Terrorist Freed from Prison Early

Reports indicate the suspected Islamist terrorist who stabbed people in Streatham, London, had been convicted of terrorism offences previously but was freed from prison early. Sudesh Amman, 20, who wounded two people — one of whom is in life-threatening condition — “had been released from prison at the end of January, after serving half of his three year sentence” according to a BBC...