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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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University of Guelph Responds to Norovirus Outbreak


The University of Guelph has confirmed a positive test for norovirus as over 190 students report symptoms of gastroenteritis. The outbreak, which began in South Residence, has prompted the university to take immediate action to contain the spread of the virus.

Public health officials have been working closely with the university to implement enhanced cleaning measures and promote hygiene best practices among students. Custodial staff are spending additional time sanitizing commonly touched surfaces, such as doorknobs and washrooms. Students are being reminded to wash their hands frequently and avoid populated areas if they are feeling ill.

Despite the outbreak, the university is confident that the risk to the broader community remains low. However, they continue to monitor the situation closely and provide support to affected students.



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