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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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Protests Erupt Nationwide After Minneapolis ICE Actions Spark Public Outrage

                                         Demonstrators attend an "ICE Out" protest in Minneapolis

Demonstrations have spread across the United States following a surge of Immigration and Customs Enforcement activity in Minneapolis, where recent enforcement operations have intensified public concern and fueled widespread anger. What began as local frustration quickly escalated into coordinated walkouts and rallies, with students, educators, and community groups mobilizing in cities across the country.

The Minneapolis area has become the center of attention after a large federal deployment dramatically increased the presence of immigration agents in the region. The scale of the operation, combined with reports of aggressive tactics, has raised questions about oversight and the broader direction of federal immigration policy.

Adding to the unrest are conflicting signals from the Trump administration about the future of the enforcement surge. While some officials hint at potential adjustments, others insist the operation will continue, leaving communities uncertain and on edge.

As protests continue to grow, organizers say they intend to maintain pressure until there is greater transparency, accountability, and a clear plan for how immigration enforcement will be handled moving forward.


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