What is a 'halal mortgage'? Does it make housing more accessible?
The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
An unreleased Wu-Tang Clan album forfeited by Martin Shkreli after his securities fraud conviction was sold Tuesday for an undisclosed sum, though prosecutors say it was enough to fully satisfy the rest of what he owed on a US$7.4 million forfeiture order he faced after his 2018 sentencing.
The entrepreneur known as "Pharma Bro" once boasted that he paid $2 million in 2015 at auction for "Once Upon a Time in Shaolin," the 31-track double album the multiplatinum rap group spent six years creating.
"With today's sale of this one-of-a-kind album, his payment of the forfeiture is now complete," Acting U.S. Attorney Jacquelyn M. Kasulis in Brooklyn said in a release.
Authorities said the sales contract for the album contained a confidentiality provision that protects information relating to the buyer and price.
In a civil case in Manhattan federal court, lawyers wrote in an April document that Shkreli had already reduced his forfeiture debt by about $5 million.
Shkreli's lawyer, Brianne E. Murphy, said she spoke to Shkreli late Tuesday and he said he is "pleased with the sale price and RIP ODB," a reference to Russell Tyrone Jones, known as Ol' Dirty Bastard, a founding member of the nine-man Clan who died of an accidental drug overdose in 2004.
Shkreli, 38, is scheduled for release in October 2022 after serving a seven-year prison sentence.
He was prosecuted after he gained fame in 2015 after he boosted by 5,000% the price of Daraprim, a previously cheap drug used to treat toxoplasmosis, a parasitic infection that can be fatal to people with the AIDS virus or other immune-system disorders.
Shkreli's purchase of the Wu-Tang Clan album came as group member RZA said he wanted the album -- packaged in a hand-crafted silver and nickel case which includes a 174-page book wrapped in leather -- to be viewed as a piece of contemporary art.
At sentencing, Shkreli also claimed to own an unreleased Lil Wayne album, "Tha Carter V."
In its debut week in 2008, the rapper's "Tha Carter III" sold more than 1 million copies and helped launch Lil Wayne to superstar status.
In 2017, Shkreli was convicted of lying to investors and cheating them out of millions of dollars in two failed hedge funds he operated. Brafman described Shkreli at sentencing as a misunderstood eccentric who used unconventional means to make his defrauded investors even wealthier.
The 2024 federal budget announced on April 16 included plans to introduce “halal mortgages” as a way to increase access to home ownership.
A recent report sheds light on Canadians living abroad--estimated at around four million people in 2016—and the public policies that impact them.
One person was killed in a six-vehicle crash on Highway 400 in Innisfil Friday evening.
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
It's one thing to say you like Taylor Swift and her music, but don't blame CNN's AJ Willingham's when she says she just 'doesn't get' the global phenomenon.
Ontario is now home to an invasive and toxic worm species that can grow up to three feet long and can be dangerous to small animals and pets.
Harvey Weinstein’s lawyer said Saturday that the onetime movie mogul has been hospitalized for a battery of tests after his return to New York City following an appeals court ruling nullifying his 2020 rape conviction.
Polish President Andrzej Duda says while no decision has been made around whether Poland will host nuclear weapons as part of an expansion of the NATO alliance’s nuclear sharing program, his country is willing and prepared to do so.
A number of LGBQT+2s groups in Central Alberta are pushing back against a request from the Red Deer South UCP constituency to reinstate MLA Jennifer Johnson into the UCP caucus.
As if a 4-0 Edmonton Oilers lead in Game 1 of their playoff series with the Los Angeles Kings wasn't good enough, what was announced at Rogers Place during the next TV timeout nearly blew the roof off the downtown arena.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”