Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Mojtaba Khamenei’s Rise Signals Continuity of Iran’s Hardline Rule

 

Demonstrators gather with Iranian national flags for a rally in support of the new Supreme Leader at Enghelab Square in central Tehran on Monday.


Iran has appointed Mojtaba Khamenei, the 56‑year‑old son of the late Ayatollah Ali Khamenei, as its new Supreme Leader, marking a historic father‑to‑son succession and reinforcing the dominance of hardline factions within the Islamic Republic. 

The Assembly of Experts confirmed Mojtaba’s elevation roughly a week after his father was killed in joint U.S.–Israeli strikes, a moment that has plunged Iran into one of the most volatile periods in its modern history. A mid‑ranking cleric with deep ties to the Islamic Revolutionary Guard Corps (IRGC), Mojtaba has long been viewed as a powerful behind‑the‑scenes figure, shaping political and security affairs even before formally assuming leadership. 

His appointment signals continuity rather than change: the IRGC retains strong influence, and Iran’s leadership structure remains firmly in the hands of hardliners as the country navigates an escalating regional war and internal instability. 

Labels:

Comments

Post a Comment