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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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Denmark on Alert as Drone Sightings Spark NATO Response in Baltic Sea

 

                              

 Denmark’s defense ministry has confirmed fresh drone sightings over multiple armed forces’ locations, intensifying security concerns across the region. The incidents, which occurred overnight, follow a string of similar reports in recent days, including drone activity near airports and military bases.

In response, NATO announced it will step up its vigilance in the Baltic Sea under its “Baltic Sentry” mission. The alliance is deploying additional intelligence, surveillance, and reconnaissance platforms, along with at least one air-defense frigate, to bolster regional security.

Germany and Sweden have also pledged support, with Berlin providing counter-drone detection systems and Stockholm lending anti-drone capabilities. Danish officials have urged the public to report suspicious activity, warning that the drone incursions appear designed to spread fear and division.

While no group has claimed responsibility, Danish leaders and NATO officials have not ruled out possible Russian involvement. Moscow, however, has denied any connection, dismissing the allegations as unfounded.

The heightened tensions come just days before Copenhagen hosts a major European Union summit, underscoring the growing unease over hybrid threats in northern Europe.


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