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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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Diplomatic Tensions Between India and Canada Worry Punjab Residents

 


The recent diplomatic spat between India and Canada has left many residents of Punjab anxious about their future plans. The expulsion of diplomats from both countries, following the murder of a Sikh separatist leader, has heightened concerns among those planning to work, study, or visit family in Canada.

Students, who heavily rely on Canadian educational institutions, fear that the strained relations could lead to stricter visa regulations and reduced opportunities. Families with relatives in Canada are also worried about potential travel restrictions and the impact on their ability to visit loved ones.

Local leaders and community members are urging both governments to de-escalate the situation and find a diplomatic resolution to avoid further disruption to the lives of ordinary citizens.

The uncertainty has cast a shadow over the aspirations of many young people in Punjab, who see Canada as a land of opportunity for higher education and better career prospects. As the situation unfolds, the hope remains that dialogue and cooperation will prevail to restore normalcy and safeguard the dreams of those affected.


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