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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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Wall Street Opens 2025 with a Dip as Tesla's Delivery Woes Weigh Down Market


Wall Street kicked off 2025 on a somber note as the Dow Jones Industrial Average fell by 248.02 points (-0.58%) to 42,296.20. The S&P 500 and Nasdaq Composite also experienced slight declines, with Tesla's disappointing delivery figures being a significant drag on the market.

Despite the overall market downturn, there were some bright spots. Chipmakers Nvidia and Broadcom saw their shares rise, and crypto-linked stocks like **MicroStrategy** also gained. Analysts remain optimistic about the year ahead, predicting strong growth, albeit at a slower pace compared to previous years.

Investors are now looking ahead to see if the market can recover from this initial stumble and build momentum as the year progresses.




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