Skip to main content

Featured

Big Bank Earnings Wrap: What RBC and CIBC Reveal About Your Mortgage

  Royal Bank and CIBC reported record or near-record profits before the market opened Thursday, closing out a jam-packed bank earnings week that also included BMO, Scotiabank and National Bank. Beyond the headline numbers, though, the details tucked into these reports say a lot about where mortgage rates, lending standards and household credit stress are actually heading — and it's a more reassuring picture than a lot of the tariff-and-tension headlines this month might suggest. RBC: Record Profit, Credit Quality Barely Budged Royal Bank of Canada posted net income of $6.0 billion for the quarter ended July 31, up 11% from a year earlier and a record for the bank. Diluted earnings per share came in at $4.23, up 13% year-over-year, while return on equity climbed to 17.9%. The number worth watching for anyone with a mortgage isn't the profit line — it's the provision for credit losses (PCL), the money banks set aside for loans that might go bad. RBC's total PCL was $1.0 b...
Post a Comment
Read more

article

Labels

How to Boost Your Fitness with 30-Second Movement Snacks

If you want to get fitter and healthier this year, you don’t need to spend hours at the gym or follow a strict diet. You can improve your well-being by adding some simple movement snacks to your daily routine.

Movement snacks are short bursts of activity that you can do throughout the day, such as climbing stairs, doing squats, or stretching. They can help you increase your energy, improve your mood, and enhance your cardiorespiratory fitness.

According to a study by McMasters University, even 20-second intervals of vigorous stair climbing, done three times a day, three days a week, can improve your fitness by 5% in six weeks. That’s a significant benefit for a minimal time investment.

To make movement snacks a habit, you can use a technique called habit stacking, which involves linking a new behavior to an existing one. For example, you can do some push-ups while waiting for your coffee to brew, or some lunges while brushing your teeth. The idea is to make movement a natural part of your day, rather than a chore.

Of course, movement snacks are not a substitute for regular exercise, which is essential for your overall health and wellness. But they can be a great way to supplement your workouts, or to get started on your fitness journey. So why not give them a try and see how they make you feel? You might be surprised by the results.

Labels:

Comments

Post a Comment