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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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Shock and Sorrow After Violent Attack Rocks Quiet Neighborhood

 

        Police at the secondary school in Tumbler Ridge, British Columbia, on Wednesday.


A normally peaceful community was left reeling this week after a deadly attack shattered the calm of a suburban neighborhood. Authorities say the incident occurred late Tuesday evening, prompting a massive emergency response and leaving residents stunned.

Police confirmed that multiple victims were involved, though officials have not yet released full details as the investigation remains active. Neighbors reported hearing sudden commotion before first responders flooded the area, transforming a quiet street into a scene of urgency and disbelief.

Local leaders expressed condolences and urged patience as investigators work to piece together what happened. Community members have begun organizing support efforts for those affected, emphasizing unity in the face of tragedy.

As officials continue to gather evidence, residents are grappling with the shock of violence striking so close to home. Many say they hope for answers soon—and for healing to begin.


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