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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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Trump Launches $10 Billion Defamation Battle Against BBC

                                            U.S. President Donald Trump



U.S. President Donald Trump has filed a sweeping lawsuit against the BBC, seeking $10 billion in damages over allegations of defamation and deceptive trade practices. The case, lodged in a Florida court, accuses the British broadcaster of intentionally editing footage of Trump’s January 6, 2021 speech to misrepresent his words and portray him as inciting violence.

According to the 33-page complaint, Trump claims the BBC’s documentary spliced together separate parts of his remarks—specifically combining his call to “fight like hell” with instructions to march on the Capitol—while omitting his appeal for a peaceful protest. His legal team argues this was a malicious attempt to interfere in the 2024 presidential election, damaging his reputation and misleading viewers.

The lawsuit is built on two major counts:

  • Defamation: Trump alleges the BBC falsely depicted him as encouraging the Capitol riot.
  • Violation of Florida’s Deceptive and Unfair Trade Practices Act: The suit claims the BBC improperly distributed the documentary outside the U.K., including through streaming services accessible in Florida.

The BBC has responded firmly, stating it will defend itself in court and declining further comment while proceedings are ongoing. Legal experts note the case could test the boundaries of international media liability, especially given the BBC’s status as a publicly funded broadcaster.

If successful, Trump’s lawsuit could mark one of the largest defamation awards ever pursued against a media organization. The case also underscores his ongoing battle with outlets he accuses of bias and misinformation.


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