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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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Former Norwegian PM Thorbjørn Jagland Hospitalised Amid Intensifying Epstein-Linked Corruption Probe

 

                                            Norwegian Nobel Committee Chairman Thorbjoern Jagland

Former Norwegian Prime Minister Thorbjørn Jagland has been hospitalised following what multiple media outlets describe as an apparent suicide attempt, occurring just days after he was formally charged with aggravated or gross corruption connected to his past ties with the late financier Jeffrey Epstein. Reports from Norwegian and international outlets indicate that Jagland, 75, was admitted to an undisclosed medical facility, where his condition is described as serious. 

Authorities in Norway recently launched a corruption investigation after documents from the U.S. Justice Department suggested that Jagland and members of his family had visited Epstein’s properties between 2011 and 2018. Police also searched Jagland’s properties as part of the probe. 

Jagland, a former Nobel Peace Prize Committee chair and Secretary General of the Council of Europe, has not publicly commented since the charges were announced. Media reports note that details surrounding his medical treatment remain undisclosed, and officials have not confirmed further 

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