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Big Bank Earnings Wrap: What RBC and CIBC Reveal About Your Mortgage

  Royal Bank and CIBC reported record or near-record profits before the market opened Thursday, closing out a jam-packed bank earnings week that also included BMO, Scotiabank and National Bank. Beyond the headline numbers, though, the details tucked into these reports say a lot about where mortgage rates, lending standards and household credit stress are actually heading — and it's a more reassuring picture than a lot of the tariff-and-tension headlines this month might suggest. RBC: Record Profit, Credit Quality Barely Budged Royal Bank of Canada posted net income of $6.0 billion for the quarter ended July 31, up 11% from a year earlier and a record for the bank. Diluted earnings per share came in at $4.23, up 13% year-over-year, while return on equity climbed to 17.9%. The number worth watching for anyone with a mortgage isn't the profit line — it's the provision for credit losses (PCL), the money banks set aside for loans that might go bad. RBC's total PCL was $1.0 b...
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Healthy Eating Tips: Jamie Oliver's valuable tips to get your kids to eat healthy.


 Jamie Oliver, a renowned British chef, is known for his advocacy for healthier diets for school children1. Here are some of his best advice for busy parents:


1. Teach them to cook: Involving your children in cooking will give them a sense of how ingredients become meals and an appreciation for the process. It’s not only a valuable life skill but also a habit that can be developed over time.

2. Use your freezer: Keeping frozen vegetables in stock is a healthy and convenient option. Vegetables like squashes, potatoes, and carrots are affordable and can be used to prepare easy meals throughout the year.

3. Involve them in shopping and prep: Taking your kids to the grocery store or farmers’ market, even if you’re just browsing, can help build their familiarity with healthy ingredients. It creates an experience they’ll remember and associate with fun.

4. Offer good options: Instead of giving your kids the choice between unhealthy fast food and homemade meals, ensure that both options are healthy. For example, let them choose between a protein-packed sandwich with leafy greens or a homemade soup.

5. Explore recipes to cook with kids: This will not only develop their culinary skills but also introduce them to new tastes and textures.

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