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5 Things to Know Today: Bank Earnings Wrap Up as Jackson Hole Begins

  Thursday, August 27, 2026 Canada's Big Six banks finish reporting this morning, the country's own retaliatory tariffs are now in effect, and the world's central bankers are descending on Wyoming. Here's what actually matters for your wallet today. 1. RBC, TD and CIBC round out bank earnings week Royal Bank, TD and CIBC all reported third-quarter results before the opening bell today, closing out a week that already saw a strong quarter from Scotiabank (adjusted net income up 21% year over year) and a beat-but-sold-off report from National Bank on Wednesday. BMO and Scotiabank both flagged mortgage renewals as broadly manageable so far, even with a large share of loans rolling onto new rates over the next 12 months. What it means for you: If you're renewing a mortgage in the next year, the banks' own numbers suggest most borrowers are absorbing higher payments rather than falling behind — but "most" isn't "all." If a renewal is coming u...
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Iran's Supreme Leader Warns Israel of Harsh Consequences

 

In a recent statement, Iran's Supreme Leader Ayatollah Ali Khamenei warned Israel of severe repercussions. Khamenei declared that Israel's actions had laid the foundation for what he described as "harsh punishment for itself." This strong rhetoric comes amid heightened tensions between Iran and Israel, particularly concerning regional security and the ongoing conflict in the Middle East.

Khamenei's remarks reflect Iran's longstanding opposition to Israel and its policies. The Supreme Leader's statement underscores the volatile nature of the relationship between the two nations, which has seen numerous escalations over the years. The context of this latest warning is critical as both countries continue to influence the geopolitical landscape of the region.

The international community is closely monitoring these developments, with many concerned about the potential for further escalation. Diplomatic efforts to ease tensions have been ongoing, but statements like Khamenei's highlight the persistent challenges to achieving lasting peace and stability in the Middle East.


As the situation unfolds, the world watches with apprehension, aware that the actions and responses of these two nations could have far-reaching implications for regional and global security.

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