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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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Israel Deports Six More Activists from Gaza Aid Boat Amid Controversy


Israel has deported six additional activists who were detained after attempting to breach its blockade of Gaza aboard the aid boat Madleen. The activists, including French Member of the European Parliament Rima Hassan, were among 12 passengers on the vessel, which sought to deliver humanitarian aid to the war-torn region.

The Israeli authorities intercepted the boat early Monday, deporting climate activist Greta Thunberg and three others the following day. The remaining activists have protested their forced removal, arguing they had no intention of entering Israel and were brought there against their will.

The human rights group Adalah, which represents the detained individuals, has condemned their treatment, alleging mistreatment and solitary confinement for some detainees. Israeli officials have denied any wrongdoing, maintaining that all detainees are treated lawfully.

The Freedom Flotilla Coalition, which organized the voyage, has framed the mission as a protest against Israel’s blockade and military campaign in Gaza, which experts warn has pushed the territory to the brink of famine. Meanwhile, Israeli authorities have dismissed the effort as a media stunt, referring to the vessel as the “selfie yacht”.

The last two activists are expected to be deported on Friday, concluding the latest chapter in the ongoing dispute over humanitarian access to Gaza.

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