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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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FBI Investigates Assassination Attempt at Trump Rally

                                         

The FBI is actively investigating the shooting at a Saturday night rally for former President Donald Trump as an assassination attempt. The suspect involved has been identified as 20-year-old Thomas Matthew Crooks from Bethel Park, Pennsylvania. 

The attack occurred during the rally in Butler, Pennsylvania, leaving one attendee dead and critically injuring two others. Trump himself reported being “shot with a bullet that pierced the upper part of my right ear,” and photos and videos showed Secret Service agents swiftly whisking him away, his face bloodied and fist raised. The suspected shooter, who was killed, used an AR-15-style semiautomatic rifle for the attack. 

After being evaluated at a medical facility in Pennsylvania, Trump flew to New Jersey, where he was seen exiting a plane at Newark Liberty International Airport around midnight. 

President Biden condemned the violence, stating, "It cannot be like this. We cannot condone this". The investigation remains ongoing, and authorities have not yet disclosed a motive for the attack.

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