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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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Lithuania Confronts Hybrid Threat as Balloons Disrupt Airspace

 

                                            The Belarus-Lithuania border in Kurmelionys, Lithuania

Lithuania has declared a state of emergency after repeated incursions of balloons launched from neighboring Belarus disrupted civil aviation and raised national security concerns. The government announced the measures following weeks of incidents in which meteorological balloons carrying contraband cigarettes forced Vilnius Airport to close multiple times, stranding thousands of passengers.

Officials in Vilnius accuse Belarus—an ally of Russia—of orchestrating these balloon launches as part of a hybrid warfare campaign aimed at destabilizing the Baltic state. Lithuania’s Interior Minister emphasized that the emergency was declared not only due to aviation disruptions but also because of the broader threat to human life, property, and national security.

Under the emergency order, Lithuania’s military, police, and border guards will be granted expanded powers to stop and search vehicles, restrict access to certain areas, and conduct document checks in an effort to counter the balloon incursions. Authorities have already intercepted several balloons carrying thousands of packs of smuggled cigarettes, underscoring the scale of the operation.

Belarus has denied responsibility, accusing Lithuania of provocations, but Vilnius insists the incursions are deliberate acts of disruption. As a NATO and EU member, Lithuania views the situation as part of a wider regional instability linked to Russia’s ongoing war in Ukraine.

The declaration highlights the growing tension along the Belarus-Lithuania border and signals that the Baltic nation is prepared to take extraordinary measures to safeguard its skies and citizens.

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