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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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Pope’s Visit to Lebanon Sparks Hope Amid Turmoil

 

Pope Leo XIV waves while boarding the papal plane at Ataturk Airport, as he departs from Turkey to Lebanon during his first apostolic journey, in Istanbul, Turkey, November 30, 2025. 


The Pope arrived in Lebanon today, carrying a message of peace and solidarity to a nation struggling with political instability and the scars of regional conflict. His visit is seen as a symbolic gesture aimed at uniting communities across religious and political divides.

During his address, the Pope emphasized the importance of dialogue, reconciliation, and compassion, urging leaders and citizens alike to work toward a future free from violence. Crowds gathered in Beirut to welcome him, many expressing hope that his presence could inspire renewed efforts for stability and healing in the war-wracked region.

Observers note that Lebanon, long considered a bridge between cultures and faiths, faces mounting challenges. The Pope’s visit, however, is being hailed as a reminder of the country’s resilience and its potential to serve as a beacon of coexistence in the Middle East.


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