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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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Your daily horoscope: September 29, 2025

 

IF TODAY IS YOUR BIRTHDAY

So many people will want to get close to you over the coming year that it could at times get a bit claustrophobic. You may be a nice guy by nature – that’s why others like you so much – but you can and you must protect your personal space.

ARIES (March 21 - April 20):

You have been a bit unsure of yourself in recent weeks but your confidence will return over the next few days. The really good news though is that you can use it to move closer to a goal you previously thought was impossible to reach.

TAURUS (April 21 - May 21):

If your workload is getting to the point where you believe you can no longer cope then obviously you need to make changes. Start by letting employers and colleagues know you will NOT be taking on any more of their responsibilities.

GEMINI (May 22 - June 21):

If you fell out with someone over the weekend you should aim to be the best of friends again by close of play today. Whatever it was you disagreed about just put it behind you and move on. In the greater scheme of things it’s of no importance.

CANCER (June 22 - July 23):

There can be no firm guarantees that what you are working on is going to be a success in the long-term but don’t let that bother you. Keep doing what you are doing with passion and commitment and enjoy the process more than the outcome.

LEO (July 24 - Aug. 23):

Your way with words is such that no one will be able to say “NO” to you today, so ask away and enjoy the good things that come your way. Don’t be selfish though – use your communication skills to help others get what they want as well.

VIRGO (Aug. 24 - Sept. 23):

It is probably inevitable that you will clash with someone today whose opinions you find distasteful but it is not inevitable that you become enemies as a result. Simply agree to disagree and then focus on areas where you think along similar lines.

LIBRA (Sept. 24 - Oct. 23):

It’s not like you to get emotional but the planets indicate that you may need to channel some of your more negative feelings into activities that promote positive outcomes. It would help, as well, if you think the best of people rather than the worst.

SCORPIO (Oct. 24 - Nov. 22):

You may not be in a light-hearted mood at the moment but that’s okay, in fact it’s good. There are major issues that need to be dealt with and you are more likely to resolve them if you steer clear of people who don’t take life seriously.

SAGITTARIUS (Nov. 23 - Dec. 21):

Don’t waste your time trying to convince someone that your facts are better than their facts. Experience should have taught you that most things in life are relative in nature. Those who refuse to acknowledge that fact rarely learn anything.

CAPRICORN (Dec. 22 - Jan. 20):

You must live up to a promise you made earlier in the year, even if it means focusing less on your own needs for a while. Few things in life are more important than your reputation, so don’t put it at risk by failing to deliver.

AQUARIUS (Jan. 21 - Feb. 19):

You must watch what you say over the next 24 hours because your words could have far-reaching consequences. If you come across as a bit too aggressive in the way you talk to people they are unlikely to be very helpful towards you.

PISCES (Feb. 20 - Mar. 20):

Although you prefer to find compromise solutions in most situations the planets warn you must now insist on getting your own way. If you give others the impression that you are happy to give more than you get you could end up with nothing.

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