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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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Lockdown Declared After Fatal Shooting in First Nation Community



A First Nation community has been placed under lockdown following a tragic shooting that resulted in multiple fatalities, according to the community’s chief.

Community Urged to Stay Indoors

Residents have been instructed to remain inside their homes, secure their doors, and avoid all non‑essential movement while authorities work to stabilize the situation. Local schools, offices, and public facilities have been temporarily closed as a precaution.

Police Investigation Ongoing

Law enforcement agencies are actively investigating the incident, though officials have not yet released details about the victims or what led to the shooting. Additional officers have been deployed to ensure public safety and maintain the lockdown.

Leadership Responds

The chief expressed deep sorrow over the loss of life and called for unity and calm as the community navigates the aftermath of the tragedy. Support services are being organized to assist affected families and residents.


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