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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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Biden Recovering After Skin Cancer Surgery Amid Ongoing Health Battle

 

                                                Former US President Joe Biden 



Former U.S. President Joe Biden recently underwent Mohs surgery to remove cancerous cells from his skin, his spokesperson confirmed. The precise date of the procedure was not disclosed, but recent public appearances showed a visible scar on his forehead. Mohs surgery is a meticulous technique in which thin layers of skin are removed and examined until no cancer cells remain, often used for treating basal cell carcinoma and other common skin cancers.

The operation comes just months after Biden, 82, revealed he had been diagnosed with an aggressive, hormone-sensitive form of prostate cancer that had metastasized to his bones. Despite the seriousness of his condition, Biden has expressed optimism about his treatment and recovery.

Biden has a history of skin cancer treatment, including the removal of a basal cell carcinoma during a routine physical in 2023 while serving as president. His wife, Dr. Jill Biden, has also undergone similar procedures. The Biden family has faced multiple cancer battles over the years, including the loss of their son Beau to brain cancer in 2015.

According to his team, the former president is recovering well from the latest surgery and continues to receive medical care for his prostate cancer.

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