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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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Alberta Independence Referendum Question Moves Forward After Official Approval

                                           Aberta's provincial flag flies on a flag pole in Ottawa.


Elections Alberta has signed off on a proposed referendum question that would ask voters whether the province should separate from Canada, marking a major milestone for the group pushing for an independence vote.

The approved question is straightforward: “Do you agree that the province of Alberta should cease to be a part of Canada to become an independent state?”

With this approval, organizers must now appoint a financial officer before launching the petition phase. Once underway, they will have four months to gather the required number of signatures to trigger a province‑wide referendum. If they succeed, Albertans could be asked to vote on independence in the coming years, setting the stage for a historic and highly contentious political moment.

The initiative comes amid ongoing debates about Alberta’s place in Confederation, economic autonomy, and federal‑provincial relations — issues that have fueled periodic calls for greater provincial independence.


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