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Big Bank Earnings Are In: What They Reveal About Your Mortgage Stress

  August 26, 2026 Canada's biggest banks are in the middle of reporting Q3 2026 results, and so far the headline numbers look strong. BMO and Scotiabank both beat analyst estimates this week, and National Bank of Canada reported this morning. RBC, TD, and CIBC follow Thursday, closing out the sector's earnings season. But the number that actually matters to most Canadians isn't profit — it's what the banks are setting aside for loans that might go bad, and what they're saying about who's struggling to keep up. That's where the picture gets more interesting than the headlines suggest. The headline numbers BMO kicked off the week with adjusted profit up 22% year-over-year and return on equity climbing to 14%, with the bank reiterating its target of 15% ROE by the end of fiscal 2027. Scotiabank posted what CEO Scott Thomson called a record quarter: net income of $3 billion, up 21% year-over-year, with adjusted ROE hitting 14.2% — clearing the bank's own med...
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Travel insurance tips for Canadians

 

Before embarking on a trip, it is essential to understand the importance of travel insurance. Travel insurance is a type of insurance that covers financial losses and medical expenses incurred while traveling. It is designed to protect travelers from unforeseen circumstances that may arise during their trip.

When purchasing travel insurance, it is important to read the policy wording carefully to understand what is and isn’t covered. Some policies may not cover pre-existing medical conditions, while others may not cover certain activities such as extreme sports. It is also important to note that travel insurance policies have exclusions and limitations, so it is essential to read the fine print.

Another important factor to consider when purchasing travel insurance is the type of coverage you need. There are different types of travel insurance policies available, including medical coverage, trip cancellation coverage, and baggage coverage. It is important to choose a policy that meets your specific needs.

When purchasing travel insurance, it is also important to consider the duration of your trip. Some policies may only cover trips of a certain length, while others may offer coverage for longer trips. It is important to choose a policy that provides adequate coverage for the duration of your trip.

In summary, travel insurance is an essential part of any trip. It provides peace of mind and financial protection in case of unforeseen circumstances. When purchasing travel insurance, it is important to read the policy wording carefully, choose a policy that meets your specific needs, and consider the duration of your trip.

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