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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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New Title: Conservatives Weigh Poilievre’s Future as Leadership Review Looms

 

                Conservative Leader Pierre Poilievre faces a critical test before his party on Friday.

The Conservative Party is approaching a decisive moment as members prepare to vote on whether Pierre Poilievre should continue as leader. The review, triggered after the party’s election loss, has intensified internal debate about the party’s direction and its prospects heading into the next federal contest.

Poilievre enters the convention with significant support among delegates, according to multiple reports, though questions remain about his ability to broaden appeal beyond the party’s base. Analysts note that while many Conservatives view him as a strong and principled figure, others worry that his message has not resonated widely enough with the broader electorate. Party insiders say Poilievre has spent recent weeks focused heavily on delegates, working to secure a strong mandate in the review.

The outcome of the vote will shape the party’s strategic path forward. A commanding result could solidify Poilievre’s leadership and signal continuity, while a weaker showing may prompt renewed calls for change within the Conservative ranks.


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