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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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Ontario Autism Charity Under Police Investigation for Grant Mismanagement

 

Premier Doug Ford and Jake's House co-founder David Bodanis pose on Nov. 25, 2018 at the charity's "Legend of Distinction Ceremony" honouring Toronto Police Supt. Ron Taverner.


Ontario Provincial Police have opened an investigation into Jake’s House for Autistic Children, a charity that has received substantial provincial funding over the years. The review focuses on how the organization handled government grants after concerns were raised by provincial officials about its financial practices and overall governance.

Jake’s House, known for providing programs and support to families affected by autism, had previously been funded through multiple provincial initiatives, including workforce‑related programs. Government ministries flagged ongoing issues with the charity’s financial oversight, prompting the province to halt funding and refer the matter to police.

The OPP’s anti‑rackets branch is now examining whether public funds were managed appropriately. The investigation remains active, and neither the charity nor provincial officials have publicly detailed the specific concerns under review.


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