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The Peak Daily

English, Financial News, 1 season, 666 episodes, 4 days, 3 hours, 47 minutes
About
Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes. Sponsored in part by Canada Post. Get help growing your small business at Canadapost.ca/growingsmall 
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 Up in flames 🔥 — Phoenix is burning cash, Via Rail ridership is up.

Jumping on the train might seem like a nice alternative to a traffic jam… until you realize your train is also sitting in a traffic jam. Unlike the mythological bird of the same name, the federal government’s Phoenix payroll system is not going to rise from the ashes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/17/20248 minutes, 39 seconds
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High fashion 🧥  — Canada Goose gets creative. Netflix gets into the NFL.

Canada Goose — the iconic Canadian brand that began by making jackets for park rangers before pivoting to making status symbols for Bay Street traders — is getting even bougier. The value of global sports TV contracts is set to reach US$62.4 billion this year. The NFL alone accounts for ~20% of that total. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/16/20247 minutes, 3 seconds
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Northern lights 🌌 — Solar storm exposes risks for farmers. Ontario will start banning car thieves from driving.

A powerful solar storm over the weekend created more than a brilliant light show for people across the country — it also caused technological headaches for farmers. To curb rising auto theft in the province, the Ontario government is taking a page out of our parents’ playbook and threatening to take away driving privileges: A new law will introduce driver's licence suspensions of at least 10 years for some convicted car thieves. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/15/20248 minutes, 5 seconds
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Encoure 📈 — Meme stocks vie for an encore. Cineplex leans into premium experiences.

GameStop shares surged ~72% yesterday after Keith Gill, the man best known for driving the meme stock mania of 2021 under the name “Roaring Kitty,” came back onto social media after a three-year hiatus. As of writing, the X post has attracted more than 16 million views. Movie theatres hope that adding a few bells and whistles will distract you from the fact that they’re not playing anything you actually want to see. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/14/20247 minutes, 52 seconds
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Business students 👩‍💼 — The business of international students. El Niño is ending soon, but summer is still looking hot.

Despite glaring labour shortages in sectors like healthcare, education and skilled trades, Canada has long favoured business students when granting international student visas. On the docket for this summer: worship the sun, rediscover that you have a personality, and… the weather pattern change you learned about in Grade 8? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/10/20248 minutes
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Lethal lemonades 🍋 — B.C. re-criminalizes public drug use. Canadian cities tease car-free summer.

Don’t do illicit drugs in public in B.C. It’s, once again, illegal. And also, ya know, dangerous. Once crowned the world’s coolest street, a bustling stretch of Montreal’s Wellington Street will be off-limits to cars this summer. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/9/20248 minutes, 1 second
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Fired up 🔥— Northvolt protests get extreme, Intact is fireproofing homes.

If you’re having a bad start to the work day, at least be grateful you don’t have to deal with Molotov cocktails at the workplace. Intact, a property insurer, is launching a pilot program to reduce wildfire the damage to homes in Western Canada this year. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/8/20247 minutes, 37 seconds
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Dirty laundry 🧺 — Wegovy comes to Canada, TD embroiled in U.S. investigation

After filling doctors' prescription pads in the U.S., Wegovy is taking its talents north of the border. For well over a year, Bay Street wondered what TD had done to find itself at the heart of a U.S. money laundering probe. After a long, mysterious wait, we’ve got some answers. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/7/20249 minutes, 12 seconds
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Don’t snooze on cruises 🚢 — Ontario tries to bolster the trades, Cruise IPO sets sail, Houthis expand attacks.

Ontario is hoping the promise of less time sitting in the classroom will convince more students to swap their notebooks for hard hats. As post-IPO performances from shoe brands and vanity social media platforms disappoint, investors are looking to the Seven Seas for new buys. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/2/20247 minutes, 34 seconds
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Ready to roll  — Trans Mountain expansion opens, Businesses are jet-setting, Saying bye to coal.

For the last decade, the Trans Mountain pipeline has been like the kid that just keeps asking their parents for more money. Today, it finally has something to show for all that cash. After a three-year hiatus, business travellers are wiping the dust off their old carry-ons and saying sayonara to their home offices. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/1/20247 minutes, 35 seconds
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Fed-up grocers 🛒 — Fed-up shoppers plot Loblaw boycott. Feds impose new cap on foreign student work hours

For thousands of Canadians, their relationship with Loblaws has reached the breaking point. Many of us feel like we work too many hours, though almost none of us are told this by the federal government. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/30/202423 minutes, 35 seconds
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Prime time 🏀 — Amazon locks up NBA deal, the Yen keeps falling.

Amazon is spending billions of dollars to make sure fans have to get Prime to watch the Raptors lose. Now might be a good time to book that trip to Japan you’ve been dreaming of because your loonie is going to go a lot further than it used to. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/29/202418 minutes, 36 seconds
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Productivity problems 📉 — Honda’s $15 billion EV bet, The GDP per capita dips.

Like a rapper officially releasing a leaked diss track, Honda has dropped a long-awaited project that’s making waves throughout the industry. Even with AI tools, highly caffeinated beverages, and a roster of podcasts eager to tell us all how to work “smarter,” Canadians are in a bit of a productivity slump. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/26/202419 minutes, 21 seconds
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Healthy pop 🥤 — Indigenous investing rises, Healthy pop is popping off.

Just like a space probe hurtling through deep space, Indigenous investing is only going up. The way things are trending, a nice fizzy drink could soon replace your morning vitamins. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/25/20248 minutes, 53 seconds
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Grocers wanted 🛒 — Feds lure global grocers, A new inflation theory.

Things coming to Canada this year: Shake Shack, the Eras Tour, and… a unionized Amazon warehouse? A group of delegates will spend the week in the nation's capital comparing notes on why plastic is, in fact, not so fantastic. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/24/20247 minutes, 45 seconds
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Grocers wanted 🛒 — Feds lure global grocers, A new inflation theory.

Things coming to Canada this year: Shake Shack, the Eras Tour, and… a unionized Amazon warehouse? A group of delegates will spend the week in the nation's capital comparing notes on why plastic is, in fact, not so fantastic. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/23/20247 minutes, 59 seconds
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Tesla slashes prices in major markets. The world’s top-selling EV maker is again cutting prices on popular models by nearly US$2,000 in the U.S., China and Germany as it tries to keep pace in the accelerating EV price war.

Québec workers reject Airbus contract offer. The roughly 1,300 unionized workers at the Mirabel, Québec Airbus plant have rejected a third contract offer from the plane manufacturer, with almost 70% of members voting against the agreement. The Québec plant manufactures Airbus’ popular A220 passenger plane. (CTV News) China’s Canadian ambassador abruptly leaves post. Amid heightened tensions between the two countries, China’s ambassador to Canada left his diplomatic post after nearly five years on the job. Canada’s relationship with China has gotten rockier in recent years, particularly over accusations that Beijing meddled in the last two federal elections. (BNN Bloomberg)—LA
4/22/20248 minutes, 7 seconds
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Mob ties 🚔 — The NHL is breaking records. Mob gets busted in Canada.

You think La Casa Nostra don’t have a piece of da pie in da Great White North? Ayyy, fuhgeddaboudit The only thing more impressive than the player's soon-to-be-grown playoff beards is the total at the bottom of the NHL balance sheet this year. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/19/20249 minutes, 11 seconds
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Retro kicks 👟 —  Raptors scandal highlights worries about sports betting. Retro sneakers are all the rage.

It’s a tough day for people who bet on themselves. Business at Adidas is booming this year. If you’re wondering why, just go for a walk around town and count how many pairs of Sambas you see walking the street. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/18/20248 minutes, 59 seconds
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Wealth tax 📈  —  Tim Horton’s gets into pizza. Feds announce new tax rate.

With so many plans already announced, we were left wondering what the feds would actually unveil at this year’s budget meeting. The answer? A tax to pay for all those plans. Canadians' favourite spot for a double-double and an Old Fashioned glazed donut is trying its hand at a new endeavour: pizza. Driving Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/17/20248 minutes, 46 seconds
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Budget day 💸  —  Happy Budget Day, one and all. Canada says 'bienvenue' to Francophone immigrants.

It’s Budget Day 2024, and the theme for this year is "generational fairness.” While that’s not as exciting a theme as “year of efficiency” or “murder mystery,” it does sound like a nice idea. Everybody knows that Canada needs more healthcare workers, more homebuilders, and… more French speakers? Driving Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/16/20247 minutes, 23 seconds
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Self-driving sale 🚗  —  Middle East conflict ratchets up with Iran attack. Tesla slashes prices for self-driving software.

Violence in the Middle East escalated over the weekend with an Iranian attack on Israel. Tesla is hoping that a good old-fashioned sale will get more customers to buy into the whole self-driving car thing. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/15/20247 minutes, 5 seconds
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Stadium revamp 🏟️  —  **The government has been using AI… a lot. Rogers Centre gets revamped.**

Much like a lazy student tired of writing essays, the federal government loves using AI. The Jays might have a losing record right now, but their stadium is turning into a real winner. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/12/20249 minutes, 1 second
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Lies and statistics 📊  —  Track and field to pay its Olympic gold medallists. Canada almost as unequal as U.S. when it comes to wealth

New hardest way to earn 50 grand just dropped: winning the Olympic 400-metre hurdles. When it comes to inequality, Canada may not be so different from our southern neighbours after all. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/11/202418 minutes, 32 seconds
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Firepower 🇨🇦 —  Canada ups defence dollars. New RBC CFO.

After catching flack for not spending enough on defence, the feds fished around their proverbial couch cushions and came up with a hefty chunk of change. While RBC has been focused on formalizing its new relationship with HSBC, a secret relationship among the bank’s highest ranks has shaken up the executive team. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/10/20249 minutes, 1 second
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Crabby 🦀 —  Feds pledge billions for AI. It’s a good day to be a crab.

Crab fishers in Newfoundland and Labrador are sick and tired of being pinched — not by crabs, but by what they feel are unfair industry pricing practices. The federal government sees your $20 per month ChatGPT subscription and raises it by a couple billion dollars. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/10/20248 minutes, 40 seconds
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Throwing shade 🌑 —  The solar eclipse economy is booming. Construction is getting entrepreneurial.

Total Solar Eclipse 2024: A once-in-a-lifetime chance to witness the celestial event, and a great excuse to stick an Oreo on a doughnut and charge extra for it. With Canada rushing to build housing, it should be no surprise that some entrepreneurial minds feel like it’s a business worth getting into. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/5/20249 minutes, 59 seconds
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Walking back 🛒 —  Disney wins its boardroom battle, Amazon cancels walk-out check-out.

Disney can return to making magic after showing its critics that Bob Iger is here to stay. In the era of AI, remember this maxim, “If it sounds too good to be true, it probably is.” Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/4/20247 minutes, 48 seconds
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EV slowdown 🚙 —  Tesla’s nightmarish start to the year. Queens moving to a lottery system for med school.

Like a deadbeat dad missing his child’s softball game, Tesla’s sales numbers were a massive disappointment. For many students, getting into med school feels like winning the lottery. And soon, for some of them, it will literally be like winning the lottery. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/3/20248 minutes, 1 second
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Makeover 💄 — RBC takes over HSBC. Schools take social media companies to court.

If you spotted an RBC on your commute this morning you could have sworn was an HSBC, don’t worry, you’re not going crazy… The fight to get kids to stop scrolling on TikTok has gone from the classroom to the court. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/2/20247 minutes, 40 seconds
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Sentencing day ⛓️ — It’s SBF sentencing day. Canada takes a work trip to Vietnam.

Place your bets, folks. Will the fallen crypto wunderkind spend his life behind bars or have a brief stop-over in the big house? Canada is hoping to take its relationship with Vietnam to the next level. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/28/20249 minutes, 57 seconds
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Watch and learn 📺 — Spotify is offering video learning. Cocoa prices are going cuckoo.

Warning: the Easter Bunny might be dropping off fewer chocolate eggs than usual this year. There could be a new category for your Spotify Wrapped this year: number of new skills and concepts mastered. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/27/20248 minutes, 45 seconds
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Record breaking port 🚢 — The Port of Vancouver had a record-breaking year. Air passenger rights head to Supreme Court.

The Port of Vancouver: It’s huge, it’s salty, it’s not very efficient, and it can teach us a thing or two about the state of Canada’s economy. Canada’s top court is hearing a case about an oh-so-common travel nightmare: flight cancellations. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/26/20248 minutes, 10 seconds
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Light speed 🛫 — Trump’s trade tax. Supersonic travel could be back soon.

A drastic Donald Trump campaign promise has got the feds in a frenzy (and no, it’s not about building a really big border wall). We’re one step closer to being able to fly from Vancouver to Tokyo in 6 hours — barely enough time to get through two in-flight movies (or one recent Scorcese flick). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/25/20247 minutes, 43 seconds
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Apply lawsuit 🍏 — Why most provinces are in debt, The U.S. is suing Apple again.

This budget season, provinces are primed to rack up more debt than us during the holidays. Apple just got thrown into a real-life game of Monopoly that it probably wants absolutely no part of. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/22/20249 minutes, 21 seconds
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Election reform 🗳️ — Election reform bill en route in Ottawa. Why the Kate Middleton conspiracies are so troubling.

Canadians who say they don’t have the time to vote on election day could soon be left looking for a new excuse. We tried to avoid this, we really did. But it’s gotten to the point that it can’t be ignored. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/21/20248 minutes, 4 seconds
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No more ice cream 🍦 — Trouble at Ben & Jerry’s, Canada’s cancer drug business.

Like a vanilla cone on a scorching July day, Unilever’s faith in its ice cream biz is melting. One of Canada’s top biotech prospects has been called up to the big leagues. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/20/20248 minutes, 42 seconds
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LinkedIn’s next play 🎮 — LinkedIn is getting into games. Selling energy to Germany.

Attention all you jobseekers and headhunters out there: invest in a headset, a gaming chair, and a whole bunch of Mountain Dew Code Red — because LinkedIn is for gamers now. Canada is buddying up with its pilsner-drinking, schnitzel-eating allies to kick-start a new clean energy trade market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/19/20248 minutes, 33 seconds
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Measles is back 💉 — Canada’s got a measles problem, Boeing delays set to hurt travellers.

File this story under “diseases you thought you could stop worrying about”: Experts are worried that a recent surge in measles cases could soon get worse as kids return from the March break holidays. The odds that Boeing’s quality control issues will impact you directly — say, by a panel blowing off your plane mid-flight — are still low. The odds that they’ll impact you indirectly through pricier airfare, however, are quite high. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/18/20248 minutes, 4 seconds
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Athleisure 🏃 — Canadian diplomats evacuate Haiti. Do suits still suit Canada’s menswear sector?

As the situation worsens in Haiti, some Canadian diplomats are getting out. As ‘athleisure’ and ‘quiet luxury’ continue to dominate fashion trends, one Canadian menswear store that made its name with formalwear is trying to keep up with the times. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/15/20247 minutes, 15 seconds
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Canadian pensions love India 🇮🇳 — Why pensions love India, Tax incentives for trades.

Canadian-Indian relations might be, shall we say, testy right now. But you wouldn’t know it from looking at the investments Canadian pension funds are making. While Alberta formally ended its “Alberta is Calling” advertising campaign last year meant to attract workers to the province, the province is still singing a siren’s song. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/14/20248 minutes, 56 seconds
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American meat 🐄 — As Telegram ponders IPO, experts worry about its dark side. American meat labelling rules puts Canada in crosshairs.

Encrypted messaging app Telegram is mulling a U.S.-listed IPO, its owner Pavel Durov told the Financial Times, after surpassing 900 million monthly active users and projecting it will hit profitability within the next year thanks to newfound ad dollars. Some new ground rules from our southern neighbour are putting Canadian cattle at risk of losing their honourary dual citizenship. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/13/20249 minutes, 33 seconds
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How open banking works 🏦 — Canada warms up to open banking. Canada’s missing Chinese tourists.

In next month’s federal budget, the feds are poised to put forward a framework legislation to bring open banking to the financial system. What is that, exactly? We’re glad you asked. Niagara Falls, the CN Tower, and even the world’s largest coffee pot aren’t enough to lure Chinese tourists back to Canada. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/12/20249 minutes, 13 seconds
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Gold rush 🏅 — Gold hits new highs and may not be done yet. Surge pricing could be coming to restaurants despite Wendy’s backlash.

Sure, it’s easy to poke fun at cheesy cash-for-gold infomercials, but maybe the Russell Olivers of the world knew something we didn’t about where gold prices were heading. The plan to bring the excitement of day trading to the experience of buying a Baconator didn’t pan out for Wendy’s, but the concept could be coming to more restaurants soon. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/11/20247 minutes, 59 seconds
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Where are all the IPOs? 💵 — Canada’s military is unprepared. IPO drought on Bay Street.

Like a student taking a final exam despite skipping every lecture, the Canadian Armed Forces are unprepared. The last time the IPO market in Canada was this bad, the sitcom Friends debuted, Forrest Gump hit theatres, and a guy named Jeff Bezos launched a little book shop called Amazon. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/8/202410 minutes, 10 seconds
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Can you force Canadian investment 📈 — Should there be more investment in Canadian business? How to invest in viral songs.

If there’s one thing we all can agree on, it’s that in Canadian business, publishing an open letter to your enemies in a newspaper is one of the most dramatic things you can do. Here's one way to really make your TFSA returns sing: Invest in Beyoncé’s next hit song. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/7/202410 minutes, 10 seconds
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A $70,000 pistachio heist 🥜 — Pistachio heist sparks larger cargo theft fears. Canada’s sports bodies are begging for more cash.

A pistachio heist in Ontario hasn't just raised the eyebrows of people thinking, “Surely, no one could eat that many nuts,” but put businesses on high alert about food cargo thefts. With the Paris Olympics less than five months away, Canada’s sports bodies have put out a plea for more cash. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/6/20248 minutes, 3 seconds
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Expensive tickets 🎟️— It’s pricer than ever to have fun, just ask Raptors fans. Cities are looking for a place to park new homes.

It’s getting more and more expensive to see sweaty men jump really high these days. In the midst of a housing shortage, city officials are looking to build homes on top of some of the country's ~97 million parking spaces. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/5/20248 minutes, 50 seconds
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No more news 🗞️ — Canada looks for answers to mineral slump. Meta’s retiring from the newsroom.

Canadian miners could be getting a shiny new pricing system that may help even the playing field with their competitors overseas. Like a jaded and world-weary beat reporter who’s seen too much, Meta wants out of the news game. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/4/20247 minutes, 56 seconds
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Card games 🃏 — Alberta says “no” to rampant renewables. Sports cards reel in big bucks.

After lifting a seven-month ban on new renewable energy projects, Alberta has introduced rules restricting where future developments can set up shop in order to keep prime agricultural lands for farmers and preserve the province’s “pristine viewscapes.” Sure, trading stocks is cool and all, but have you tried trading your old sports cards? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/29/20248 minutes, 38 seconds
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Brain drain 🧠 — Banks brace for bad loans, Canadian miners are fleeing.

Scores of Canadian lawyers have fled for the bright lights of New York in recent years, clearly inspired by the undying popularity of Suits. Canadian Bank Earnings Week is underway, and while we admit it’s not as exhilarating as Shark Week, it can teach us some valuable lessons about the murky waters of the economy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/28/20247 minutes, 39 seconds
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Coming in hot 💻 — Proposed online safety laws come in hot. Germany legalizes recreational cannabis.

Today in news that we’re sure politicians will take in super chill fashion, the federal justice minister unveiled the first draft of a long-awaited Online Harms Act. This year’s Oktoberfest celebrations could have a much chiller vibe, and it’s all thanks to some weed-loving lawmakers in Germany. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/27/20247 minutes, 18 seconds
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Grounded 🛬 — Another budget airline bites the dust. Why chocolate prices are high, and likely going higher.

In what’s probably the most rational decision the company’s made since changing its name from Jet Naked, Lynx Air has decided it’s time to throw in the towel. Got a sweet tooth? Now might be a good time to replenish your personal Strategic Chocolate Reserve, because already-high prices for cocoa-based treats are only going up. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/26/20247 minutes, 50 seconds
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Smoke ‘em 🚬 — Running out of pipeline capacity. Banning menthol cigarettes.

Like us trying to do spreadsheets while also taking a Zoom call, Canada’s pipelines are at full capacity. Menthol cigarette bans are helping make the phrase “smoke ’em if you got ’em” obsolete. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/23/20248 minutes, 9 seconds
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Vintage wine 🍷 — Cold snap lays B.C.’s wine crop to waste. Uber launches delivery robots in Japan

If you stumble across a bottle of 2024 vintage B.C. wine when perusing the liquor store this year, we recommend you pick it up. It could be a collector’s item one day. A new army of robots is coming… but don’t worry, they’re not trying to take over the world, they’re just here to deliver your McDonalds. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/22/20249 minutes, 23 seconds
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Cybercrime setback 💻 — The law locks out LockBit hackers. Alberta’s tourism industry gets new immigration stream.

A shadowy international syndicate of cybercriminals just got a taste of its own medicine. As people keep flocking to Alberta’s picturesque mountains, the province is struggling to find enough workers to staff the businesses needed to keep the tourism industry afloat. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/21/20248 minutes, 55 seconds
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Hat trick 🏒 — Women’s hockey breaks records, Maple Syrup bounces back.

Less than two months after hitting the ice, North America’s new pro women’s hockey league is already breaking records. Unseasonably warm weather isn’t just giving us a headstart on patio season, it's giving our prized maple syrup businesses a head start on their harvest. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/20/20247 minutes, 50 seconds
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Defence dollars 💸 — NATO nations are spending, Waymo pulls driverless cars.

While most of us are trying to save up these days, NATO nations are spending on defence like a rich kid who got their hands on their father’s credit card. You think you had a rough week? Waymo had one of its cars literally set on fire in the middle of San Fransisco — and that’s not even their biggest problem. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/16/20249 minutes, 19 seconds
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Roblaw$ 🛒— T-Shirt dispute, Alberta’s booming honey industry.

The Loblaw corporation has previously beefed with Frito-Lay and other smaller suppliers. Now, it’s in a spat with a guy making novelty T-shirts. Like when Jerry Seinfeld’s beloved Bee Movie character Barry B. Benson finally settled down with a nice florist, Canadian honeybees have found themselves a loving home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/15/20248 minutes, 45 seconds
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Not guilty 👩‍⚖️— Canada’s short on judges, The cost of the World Cup.

Housing isn’t the only shortage facing the federal government these days: It turns out there are about as many judges in Canada as there are apartments for under $1,500. Like us after putting down a non-refundable deposit to book the perfect venue for a birthday party, Vancouver and Toronto are hoping that playing host will be worth it. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/14/20248 minutes, 59 seconds
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Catalogue for sale 🎶 — Biden joins TikTok, Investors flock to music catalogues.

It wasn’t too long ago we were writing regularly about plans by U.S. lawmakers to ban TikTok. It now seems like those plans have taken a backseat to politics. The competition might’ve been tough for the King of Pop’s music library, but Sony and its big chequebook told the other investors to beat it. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/13/20248 minutes, 31 seconds
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 AI Spy 🕵️‍♀️ — Bosses turn to AI to spy on workers, Investors flock to psychedelics.

Think twice before sending that disparaging Slack message about your manager. Someone—or rather, something—could be watching. As they did with shirtless hippies in the ’60s, psychedelic drugs are having a moment—but this time around, it’s investors (with their shirts very much on) swooning over ‘shrooms. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/12/20248 minutes, 11 seconds
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Bowl-o-rama 🎳 — Bowling is booming in Canada, Google’s got a new chatbot.

At the height of the pandemic, nothing could be more frightening than repeatedly touching a germ-infested item hundreds of other strangers had handled. Now, we can’t get enough of it! Now that Google and the federal government have squashed their beef over paying news publishers, the search giant is giving Canadians access to its shiny new chatbot. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/9/20248 minutes, 17 seconds
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Skating by taxes ⛸️ — Leafs captain takes on fight against CRA. Canadian miners look for help.

Professional athletes, they’re just like you and me: They eat, they sleep, and they hate paying taxes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/8/20249 minutes, 7 seconds
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WeWork back 🏢 — WeWork has a familiar buyer. AI content on Meta.

In what could be the most shocking reunion since Ben Affleck and J-Lo, WeWork co-founder and ex-CEO Adam Neumann has sent the proverbial “u up?” text to his old business. With AI deepfakes becoming more common on Facebook than old high school classmates promoting their multi-level marketing schemes, Meta has decided it’s time to step in. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/7/20248 minutes, 30 seconds
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Investors love Meta again 📱 — Spotify shakes things up. Meta is back.

Everyone you know under the age of 40 may have logged off Facebook years ago, but that’s not doing anything to slow down parent company Meta’s surging stock. Done with the days of throwing millions at anyone with a microphone and a few Instagram followers, Spotify is taking a new approach to its podcast business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/6/20248 minutes, 46 seconds
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Investors love Meta again 📱 — Spotify shakes things up. Meta is back.

Everyone you know under the age of 40 may have logged off Facebook years ago, but that’s not doing anything to slow down parent company Meta’s surging stock. Done with the days of throwing millions at anyone with a microphone and a few Instagram followers, Spotify is taking a new approach to its podcast business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/5/20248 minutes, 6 seconds
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Rent record 🏠 — Challenging rental market. Canada is drying up.

A new housing report has confirmed a tough truth: Canada’s rental market has become more crowded than a gym’s weight room in early January. Just like the sober-curious crowd, western provinces are partaking in Dry February… though not by their own choice. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/2/20247 minutes, 50 seconds
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Makin’ babies 👶— TikTok vs. Universal Music, Musk loses $55.8B pay package.

The latest supply shortage to hit Canada: newborns. The country’s fertility rate fell to its lowest level on record in 2022, with a paltry 1.33 children born per woman that year. Finding the perfect banger to soundtrack your next TikTok vid just got a lot harder. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/1/20248 minutes, 1 second
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Pharmacy pact 💊 — Walmart managers cash in, A new painkiller innovation.

In a not-so-romantic Canadian pairing, an insurance giant and grocery conglomerate have officially announced they are exclusive. While it seems like layoffs are happening left, right, and centre these days — because, well, they are — some companies are going to great lengths to retain workers. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/31/20247 minutes, 17 seconds
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Ho-Ho Housing 🏠— Leon’s is building homes. Evergrande liquidation.

Like a boxer hanging on by a thread, one of China’s biggest real estate developers is being forced to throw in the towel. After 115 years in business, Leon’s Furniture is getting into the house-building game. No word yet on whether homes come fully furnished with brand-new pieces from the showroom. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/30/20247 minutes, 37 seconds
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📈 Formula E — A different kind of EV race, The U.S. rolls back on LNG.

Electric car racing might not be popular enough for its own Netflix show (yet), but Formula E cars are blossoming into stars for the legacy automakers that own them. In a surprise move, Canada’s southern neighbour is pumping the brakes on its booming natural gas business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/29/20247 minutes, 56 seconds
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Pipeline nears opening 🛢️ — The Trans Mountain pipeline hits the home stretch. Canada adds India to election interference probe.

After hitting more speed bumps than a driver in a school zone and going so over budget that it would make the Olympics blush, the completion of the Trans Mountain oil pipeline (TMP) is near. Canada’s relationship with India is getting icier than a car windshield post-snowstorm. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/26/20247 minutes, 22 seconds
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Rate cuts 📉 — BoC turns attention to rate cuts. Québec’s EV battery plant hits a speed bump.

The Bank of Canada’s path to its 2% inflation target seems to be getting a little clearer. Here’s a brain teaser for you. Why are multiple environmental and Indigenous groups rallying against a project that aims to be a key part of Canada’s net-zero transition? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/25/20248 minutes, 3 seconds
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Student cap 👩‍🎓 — Feds call cap on international students. What’s going on at Gildan?

After months of pressure to crack down on colleges that have been accused of exploiting international students, Canada is capping study permits at 360,000 students this year. The company that supplies the T-shirts for your work functions is at the centre of a power struggle filled with almost as much corporate drama as a Succession episode. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/23/20248 minutes, 59 seconds
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Sports shakeup 🏈 — Stock surge could cushion broader downturn. Networks gear up for the live sports streaming era.

If we’re still in a “vibecession,” someone forgot to tell the stock market — over there, things are better than ever. As if supporting Canadian sports teams wasn’t hard enough on its own (please don’t talk to us about the Leafs), broadcasters could soon make it even tougher (and expensive) to tune in to games. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/22/20247 minutes, 22 seconds
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Future pharmacy 💊 — What is the future of Rexall? For our second story, Vision Pro ushers in a new era for Apple

Need a topic for small talk with your pharmacist when they’re refilling your prescription? This story has you covered. Looking to revive the buzz of the early iPhone days, Apple’s hoping its new US$3,499 mixed reality headset will do the trick. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/19/20248 minutes, 26 seconds
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Sandwich showdown 🍞— Sub wars come north. CEBA deadline looms.

If your usually chipper barista seems a little on edge, it might be because today is a very stressful day for many small businesses across the country. In a move that sounds like the plot of a Martin Scorsese mafia movie, U.S. sandwich chains Jersey Mike’s and Jimmy John’s are gearing up for a turf war north of the border. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/18/20247 minutes, 48 seconds
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Bigger King 👑 — Burger King gobbles up franchises. Canada’s sugar industry gets a sweetener.

Restaurant Brands International (RBI) — the very fake-sounding Canadian company that is the very real owner of Tim Hortons and Burger King — just ordered 1,000 juicy franchises. An up-and-coming company is giving ‘Big Sugar’ a run for its money with its newest Canadian expansion. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/17/20248 minutes, 28 seconds
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Broke university 👨‍🏫 — Can broke universities afford humanities? Alberta dips its toes into nuclear

Add ‘school potentially going bankrupt’ to the list of reasons we’re happy we’re not in college anymore, alongside gruelling mid-terms and questionable dining hall food. New year, new power source: Alberta is now dabbling in nuclear power. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/16/20247 minutes, 57 seconds
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Hard cap 👩‍🎓 — Feds ponder international student cap, Olympics get 0% beer sponsor.

The federal government will look at capping the number of international students admitted to Canada in the coming months, Immigration Minister Marc Miller told reporters, saying the system “has gotten out of control.” The world’s biggest brewer is hoping that their newest sponsorship deal will capture sports fans who may be considering extending their Dry January’s. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/15/20248 minutes, 28 seconds
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Five stars ⭐️ — Amazon’s illegal best-sellers. Chinese mines in Canada.

Amazon has rightfully earned the title of “the everything store.” Unfortunately, everything happens to include illegal weapons. A year after Canada — Playing the role of the protective dad— told Chinethe Canadian government is deciding who are acceptable suitors for the country’s top mining companies. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/12/20248 minutes, 58 seconds
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Red sea tensions 🚢 — Red Sea tensions escalate, Canada’s first at-home HPV test.

Rebel attacks on cargo ships in the Red Sea have been mucking up global trade for weeks, and Western powers have officially had enough. You can work from home, take classes at home, and even exercise at home. And now, in B.C., you can even do your routine medical tests from home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/11/20248 minutes, 7 seconds
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Trouble in the air 🛬 — Boeing 737 woes. Deloitte workers face the bots.

Boeing shares plummeted ~8% yesterday, which was to be expected after one of its planes blew a freakin’ hole in mid-air. Sorry, we still can’t believe that actually happened. Deloitte is taking the expression “time is **money” to heart with its new AI innovation. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/10/20249 minutes, 16 seconds
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Trouble in the air 🛬 — Boeing 737 woes. Deloitte workers face the bots.

Boeing shares plummeted ~8% yesterday, which was to be expected after one of its planes blew a freakin’ hole in mid-air. Sorry, we still can’t believe that actually happened. Deloitte is taking the expression “time is **money” to heart with its new AI innovation. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/9/20249 minutes, 20 seconds
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Slippery slopes — Skiing hits a new tax bracket, Apple faces bumpy road ahead.

As if the $15 poutine at the chalet wasn’t bad enough, poor snow conditions and high demand have marred this year’s ski season at popular Canadian slopes. Don’t feel too bad for the world’s most valuable company, but the new year is increasingly shaping up to be a challenging one for Apple. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/8/20248 minutes, 13 seconds
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What’s the Santa Claus Rally? 🎅 — Why investors are worried about markets.

Angola’s oil output might be just a drop in the barrel for OPEC — a group of leading oil-producing countries — but its departure could ripple into much bigger changes. Investors are starting to question the existence of Santa Claus… as far as the guy with the big, white, fluffy beard relates to markets, that is. Tiny towns popping up in the northern Ontario wilderness have come under government scrutiny, but their pioneer-like inhabitants insist they just want cheaper housing. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/22/20238 minutes, 20 seconds
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$2.5B drone investment ✈️ — A town powered by thermal energy, Ottawa delays innovation funding.

Better late than never: Canada is starting to pour more cash into its defence strategy. A northern Alberta town with a population of 577 people could be the site of a renewable energy breakthrough. Canada is a land of innovation. Look no further than the pizza dip roller or [ketchup chips](https://www.foodbloggersofcanada.com/canadas-love-for-ketchup-chips/#:~:text=The Canadian Story%3A Hostess Ketchup,chips on his mother's stove.)! Unfortunately, innovation funding continues to be a serious challenge. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/21/20238 minutes, 9 seconds
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Another population boom 📈 — The problem with performance reviews, New laws for Canadian passenger trains.

Better start baking those welcome cookies now, because you’ve got a million new neighbours to welcome. A new bill is trying to move “fast trains” from a European ideal into a Canadian reality. Is your looming annual performance review getting you down? You aren’t the only one. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/20/20238 minutes, 25 seconds
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Cancelled holiday parties🎉 — Shipping attacks disrupt trade, Zoom gets booted off the Nasdaq.

In recent days, the Red Sea has become like the mall during the holidays: A place better kept at a safe distance. Like each and every one of us who got used to working in our pyjamas, Zoom has had a rude post-Covid awakening. Forget champagne fountains or a private DJ set from David Guetta. Your office holiday party this year is more likely to be a not-so-boozy potluck, a pickleball match, or some virtual trivia. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/19/20238 minutes, 38 seconds
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Motor mandate 🚗 — Canada sets 2035 EV target, Why H&M is moving up-market. There’s panic in the Red Sea.

The end of the road for gas-powered vehicles in Canada is fast approaching. Like us trying to figure out what to wear to the company holiday party, H&M is having a bit of a fashion identity crisis. The conflict between Israel and Hamas is spreading to other parts of the Middle East. In Yemen, that could start to muck up global trade routes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/18/20237 minutes, 32 seconds
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Canada’s biggest art fraud 🎨 — Hockey Canada sponsors are back, Rogers to roll out satellite access.

The ringleader of the largest art fraud operation in Canadian history — and, per one investigating officer, in *world* history — was sentenced to 5 years in prison yesterday. Team Canada announced its roster for the 2024 World Junior Championship. But the biggest names joining the team this year aren’t the new players, but returning advertisers. Over a year after a nationwide blackout left 12 million Canadians without reception, Rogers is making amends by bringing cell service to the deepest corners of Canada’s wilderness. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/15/20237 minutes, 44 seconds
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Double down 🇰🇷 — Tim Hortons goes to Seoul, Woldcoin links with Reddit, Trouble in maple syrup

Forget a Justin Bieber collab — as Tim Hortons expands into its newest locale, it should be looking for a stamp of approval from Blackpink or BTS. As if renewing your real passport wasn’t a big enough pain, you may soon need an internet passport to get into your favourite Reddit thread. What goes up must go down. After a record maple syrup harvest last year, Canada’s crop of the brown stuff has come crashing down like a stack of flapjacks that was piled too high. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/14/20238 minutes, 2 seconds
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Building homes 🏠 — A wartime housing effort, AI enters newsrooms, Controversy at COP28.

When all else fails, try finding answers to today’s problems in the ol’ history textbooks. They say you can’t teach an old newspaper new tricks, but The Grey Lady wants to get with the times and dabble in AI. The UN COP28 Climate Summit in Dubai went into overtime as environment ministers made like us in university and pulled an all-nighter desperately trying to finish a project. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/13/20237 minutes, 10 seconds
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Jammed 🐄 — BlackBerry’s new strategy, Cow burp credit plans, TikTok hits spending milestone.

It’s starting to look like investors might be happier watching BlackBerry the movie than BlackBerry the company. Canada proposed a new strategy to slash methane emissions by offering cattle farmers incentives if they feed their cows food that will make them burp less. Like a bartender with a generous pour, TikTok creators have been reeling in the tips. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/12/20239 minutes
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Sho close ⚾️ — EU passes landmark AI regs, Shohei nabs record-setting contract. Tesla fights a scandi-insurgency.

The EU is once again leading the charge on regulating tech, this time with a new set of rules for AI businesses. Look away, Blue Jays fans: Shohei Ohtani just signed the biggest contract in pro sports history, and despite some dedicated flight tracking and internet sleuthing, it’s not with Toronto. Tesla is learning the hard way that the only thing Scandinavians love more than skiing and cured seafood is the right to collective bargaining agreements. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/11/20237 minutes, 42 seconds
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McMakeover 🍟 — Governments play iSpy, International student rules, McDonald’s has a new cafe.

Not to alarm you, but for some reason, the federal agency managing our seafood has the power to snoop at your phone. Allow us to explain. The newest admissions requirement for foreign students looking to get into a Canadian university has nothing to do with grades or extracurriculars. The world’s biggest fast-food chain is going big in a quest for cold drink supremacy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/8/20238 minutes, 33 seconds
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Do better 🏥 — Beer biz is going flat, Canadian healthcare lags, A year of cyberattacks.

Who doesn’t love throwin’ up their feet and crackin’ open an ice-cold beer? We love Canada but must admit that other countries are superior in certain areas—things like better sun, tastier cuisine, and, crucially, better access to family doctors. People are used to getting surprises when they sign up for 23andMe, but “some hackers got their hands on your DNA” usually isn’t among them. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/7/202315 minutes, 8 seconds
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Rom-commerce 🛍️ — Math scores are falling, Walmart’s shoppable show, A plan for 2024 wildfires.

If you’re like us, when you studied math in school, you were constantly thinking ‘wow, this is hard.’ Unfortunately, for kids today, it seems that learning math has gotten even harder. The world's largest retailer is banking on a holiday season staple to boost sales: the cheesy holiday rom-com. After persevering through the most destructive year ever for wildfires in Canada, firefighters are in Ottawa trying to get more assistance before the next wildfire season. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/6/202315 minutes, 14 seconds
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Hit the gas ⛽️ — New methane rules, A new era of food, Crypto bounces back.

Yesterday, Canada joined the U.S. in creating strict methane rules to meet climate goals. Like a gym bro about to tackle leg day, food companies are all in on protein. As actual winter sets in, “crypto winter” seems like it could be coming to an end. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/5/20237 minutes, 13 seconds
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Carbon capture 🏭 — Carbon removal now critical to hitting climate goals, scientists tell COP28. KISS avatars herald weird new digital age for music industry. Foreign actors drive the digital divide.

Most of the world’s countries agreed on a significant new renewable energy push at the UN’s COP28 climate summit over the weekend, but scientists warned that overshooting the 1.5°C threshold — beyond which climate disasters will become more frequent and intense — is now almost “inevitable.” If your favourite artist is getting too old to tour, here’s some good news — soon, they could start sending a digital proxy to perform for them. Foreign bad actors have been studying our culture and have come to the very correct conclusion that nothing divides people more than a spicy Instagram post. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/4/20238 minutes, 7 seconds
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McDonalds makeover 🍔 — Dropping your living standards. McDonald’s moneymaker gets a makeover. Dissecting the digital dollar debate.

The Canadian economy has avoided a technical recession after economists updated the numbers that triggered alarm bells earlier this year. That’s #EconomistMath. With consumers starting to lean into burger options that are less… let’s say, mushy, McDonald’s is revamping its classic road trip staple. As 2024 nears, flying cars and teleporters are no closer to becoming a reality, but countries are hard at work devising digital currencies. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
12/1/20237 minutes, 38 seconds
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Media saved 📰 — A new news deal. A year of Chat GPT. Digital tax spat.

Canadians will get to keep (some of) their access to news, now that the government has reached a deal with Google over the controversial Online News Act. Today marks the one-year anniversary of an event that changed the world forever: The UN bestowing the baguette with protected heritage status… just kidding. Move over, dairy tariff quotas… there’s a new Canada-U.S. trade disagreement in town. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/30/20237 minutes, 19 seconds
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Flying cooking oil ✈️ — Scotiabank earnings don’t bode well. Virgin flight lifts off powered by cooking oil. The Windsor’s battery plant drama

Bank earnings season started not with a bang, but a whimper—one that could be sustained into 2024. For those of you who are already freaked out by airplanes, we have some fun news: Soon, your plane could be kept in the sky entirely by stuff you’d find in a deep fryer. Windsor’s new electric vehicle (EV) battery plant promised a plethora of jobs for Canadian workers, but that may have been a tad overhyped. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/29/20237 minutes, 42 seconds
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Mining crisis ⛏️ — Panama’s mining crisis, explained. Consumers go big on Black Friday. Alberta flexes its sovereignty.

Panama’s top court is currently weighing whether or not to block a Canadian mining giant from tapping into the region's copper. Shoppers don’t need to wait for their credit card statements to know how much they splurged this year, with new Shopify data spilling all the details… In this week’s episode of Alberta vs. Feds, Danielle Smith makes what could be her most controversial announcement yet… Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/28/20238 minutes, 35 seconds
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Dairy victory 🐮 — Canada wins diary dispute with US. Scientists develop electronic nose to prevent food poisoning. The limit does not exist for Germany’s spending.

While we, of course, have nothing but fondness for our southern neighbours, we also love beating them on the hockey rink, the soccer pitch, and in trade dispute court. The days of wondering if those leftovers you’ve had in your fridge for a week are still good or not (before eating them anyway and just hoping for the best) may be coming to an end. Like us on Black Friday weekend, Germany is turning a blind eye to its credit limit and hoping everything turns out okay in the end. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/27/20237 minutes, 42 seconds
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Spy trial 🕵️‍♀️ — OpenAI and the case of the mystery letter. Canada’s momentous spy trial comes to a close. A truce between Israel-Hamas starts today.

The fallout at OpenAI escalated from “spicy corporate drama” to “arbiter of humanity’s fate” real quick. Canada’s historic spy trial wasn’t quite as exciting as a James Bond movie — it featured zero cool cars or giant lasers — but it was an important test for the judicial system. A hostage deal is expected to bring the first break in the fight between Israel and Hamas. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/24/20237 minutes, 4 seconds
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Ski subscribers 🎿 — Sam Altman is the once and future CEO of OpenAI. Wild pigs are taking over. Ski resorts turn to subscriptions.

After a whirlwind five days that included teary breakdowns, a pizza party, and even the launch of a new product, Sam Altman is once again CEO of OpenAI. If you’re worried about Canada’s housing market, just wait until we tell you about the country’s wild pig problem. Hanging out with a fancy group of friends and don’t know what to talk about? As if they prefer Epic or Ikon, and watch the ensuing debate light up the room. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/23/20238 minutes, 50 seconds
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Battery breakthrough 🔋— C ya, CZ. Québec just bowled a turkey, ‘cause it’s got three straight strikes. Northvolt makes EV battery breakthrough.

Like us, you may have thought your school days were behind you when you collected your expensive piece of paper at graduation, but with this AI thing apparently not going anywhere, we might all be hitting the books again soon. Are you self-conscious about your spending? Luckily, you don’t have to broadcast it to the entire nation like the federal government will do later today in its fall economic update. The Formula 1 Las Vegas Grand Prix happened last week on the Las Vegas Strip. It was F1’s glitziest, costliest event of the year — it also looks destined to be its biggest disappointment. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/22/20238 minutes, 2 seconds
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Fall update 💸 — The Las Vegas grand disappointment. Amazon wants you to go back to (AI) school. An update on the fall economic update.

Like us, you may have thought your school days were behind you when you collected your expensive piece of paper at graduation, but with this AI thing apparently not going anywhere, we might all be hitting the books again soon. Are you self-conscious about your spending? Luckily, you don’t have to broadcast it to the entire nation like the federal government will do later today in its fall economic update. The Formula 1 Las Vegas Grand Prix happened last week on the Las Vegas Strip. It was F1’s glitziest, costliest event of the year — it also looks destined to be its biggest disappointment. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/21/20238 minutes, 57 seconds
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AI battle 👾 — OpenAI had a hectic weekend. SpaceX reaches space with Starship for first time. Xi makes a splash in America

We’ve been glued to our phones following the drama unfolding at the world’s (arguably) most important AI company so that you don’t have to. SpaceX made progress in the second test flight of its Starship rocket, but the program’s success is still far from certain. To the surprise and delight (emphasis on the surprise) of the world, Xi Jinping’s second face-to-face meeting with Joe Biden actually went pretty well. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/20/20237 minutes, 50 seconds
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Weather AI 🌧️ — Meet your new weather forecaster: AI. GM buys itself a win over Tesla. Family docs drop plan to require extra training.

AI could force us to find a new go-to topic for small talk by bringing about a future where we already know everything about the weather. Fed up with trying to crack the code of Tesla’s low manufacturing costs, GM decided it would just buy the EV maker’s secret weapon. The body in charge of certifying family doctors in Canada is throwing the Uno reverse card at planned new training regulations. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/16/20237 minutes, 37 seconds
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Netflix for Sports ⛳️ — US and China to announce fentanyl deal. Netflix tees off its live sports offerings. Nicotine pouches pose danger to kids, experts warn.

As Canada’s opioid crisis continues, new enforcement measures in China could help restrict the flow of deadly substances to our shores. Like us signing up for beer league hockey, Netflix is dipping its toes into sports just to see how things play out. Vaping is so 2021. These days, nicotine pouches are the vice of choice for many teens, and health experts are warning that it’s a serious problem. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/15/20239 minutes, 12 seconds
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Dry IPO market 📉 — What’s wrong with the IPO market? Realtors’ fees in North America are under attack. Canadian tennis is on the come-up.

As Canadians struggle with the rising cost of living, pressure is mounting on the federal government to carve up its flagship climate policy like a Thanksgiving turkey. After almost a decade of delays, the world’s largest fusion reactor has finally achieved a key milestone. We’ve all had to give up some luxuries amidst rising inflation — it’s been sooo long since we’ve bought a fancy jar of fig jam — and the feds are no exception. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/14/20238 minutes, 26 seconds
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Carbon tax carveouts 🪓 — Pressure mounts to overhaul carbon tax. Japan hits nuclear fusion milestone. The government gets to cutting.

As Canadians struggle with the rising cost of living, pressure is mounting on the federal government to carve up its flagship climate policy like a Thanksgiving turkey. After almost a decade of delays, the world’s largest fusion reactor has finally achieved a key milestone. We’ve all had to give up some luxuries amidst rising inflation — it’s been sooo long since we’ve bought a fancy jar of fig jam — and the feds are no exception. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/13/20237 minutes, 21 seconds
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Ozempic competitors 💉 — Will an Ozempic competitor emerge? Ontario’s new foreign worker rules. Huawei is still patenting Canadian research.

Kind of like how every streamer released an epic fantasy show after Game of Thrones was a massive hit, drugmakers are all angling to produce the next blockbuster weight loss drug. We’ve all come across job postings with ludicrous experience requirements (10 years for an entry-level position???), and no one knows that pain more than foreign-trained workers. Like a dinner party guest who doesn’t know when to leave, Huawei is still kicking around Canadian universities' research departments. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/10/20237 minutes, 23 seconds
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Airships rising 🛫 — Alberta plans to upend its healthcare system. Can airships make a comeback?

Alberta Premier Danielle Smith announced yesterday that the province is planning to radically restructure its healthcare system. Rarely can one event kill off an entire industry, but that’s exactly what happened to airship travel when the LZ 129 Hindenburg burst into flames above New Jersey in 1937. Whether you’re at a family get-together or surfing online, politics can be a dicey topic to explore. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/9/20237 minutes, 42 seconds
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WeBankrupt 🏢 — WeWork declares bankruptcy. The CRTC takes on Canada’s telecom giant. Global wine output is drying .

Not all heroes wear capes: Canada’s telecom regulator is trying to make your phone bill a little less daunting. Raise your on-tap kombuchas for a toast to WeWork, which burned far too bright and way too fast. To any wine moms or vino snobs who may be reading, make sure you’re sitting down with a chilled pinto grigio before looking at this next story. You might find it too upsetting. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/8/20238 minutes, 54 seconds
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Dating CEO 👩‍💼 — Bumble hopes its new CEO is the perfect match. The down-low Google vs. Epic Games. Social media is ready for its own kind of retail therapy.

Just like you with your ex, the general public has fallen out of love with dating apps. The maker of Fortnite is hoping to score a victory royale against one of the titans of tech. Social media platforms are bracing for a potentially rough quarter, but they do have one hope: those “tap here to buy now” ads. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/7/20237 minutes, 55 seconds
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AI influencers 📸 — AI influencers are taking over. Pre-tip your driver or risk slow delivery, DoorDash users warned. The impacts of Africa’s youth boom.

Out of all the jobs under threat from AI, we certainly didn’t have Instagram influencers at the top of our list. Want your late-night Big Mac order to arrive at least a little bit warm? Better tip your delivery driver ahead of time. Want to feel old? The median age in Africa is just shy of 19. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/6/202313 minutes, 50 seconds
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Celebrity books 📚 — It’s the year of celebrity memoirs. What’s going on with the loonie? Low survey response rates are tainting economic data

Celebrity memoirs aren’t just a source of gossip-worthy headlines… they’ve also been giving the publishing industry a needed shot in the arm. Pros of Canadian currency compared to US currency: Comes in several fun colours, and features the majestic loon. Cons of Canadian currency compared to US currency: It’s less valuable, and dropping lower. Canadians are turning away from economic surveys, a development that’s hurting far more than just the feelings of the Stats Canada surveyors knocking on their doors. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/3/20237 minutes, 53 seconds
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Technical recession 🚨 — A technical recession is upon us. Clarifying the carbon tax drama. Canada joins global ransomware pledge Q

Stellantis executives looked around, saw the numerous drawn-out strikes that have happened this year, and told striking workers, “Let’s get this over with.” The US government is rolling out some new house rules for AI developers. New numbers suggest that Canada’s bail system is more backed up than our stomachs after a bunch of fast food. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/2/20238 minutes, 33 seconds
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Technical recession 🚨 — A technical recession is upon us. Clarifying the carbon tax drama. Canada joins global ransomware pledge Q

Stellantis executives looked around, saw the numerous drawn-out strikes that have happened this year, and told striking workers, “Let’s get this over with.” The US government is rolling out some new house rules for AI developers. New numbers suggest that Canada’s bail system is more backed up than our stomachs after a bunch of fast food. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
11/1/20237 minutes, 50 seconds
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You’re out ⚾️ — More strikes than a baseball game. Biden’s executive order closes the AI floodgates. Canada tightens international student rules.

Stellantis executives looked around, saw the numerous drawn-out strikes that have happened this year, and told striking workers, “Let’s get this over with.” The US government is rolling out some new house rules for AI developers. New numbers suggest that Canada’s bail system is more backed up than our stomachs after a bunch of fast food. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/31/20238 minutes, 43 seconds
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Poison pill AI 💊 — Halloween treats probably won’t give you lead poisoning, but watch that hot chocolate. Poison pill threatens AI image models. Canada tightens international student rules.

New research is putting the harmful metal content of chocolate under the microscope again, but don’t go tossing the kids’ trick-or-treat haul just yet. If your favourite AI image generator starts spitting out some weird stuff, we may have an explanation. For months now, officials have been saying that the 800,000 foreign students at Canadian universities and colleges are putting too much pressure on housing and the labour market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/30/20238 minutes, 24 seconds
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Cruise fight 🛳️ — Carnival condemned for Covid cruise. Stores show off their new brands. Alberta turns to AI to help fight wildfires.

Carnival Cruise Lines soon might have to spend a little bit less on cruise ship roller coasters and a little bit more on Covid lawsuit settlements. One in every three Canadians are buying more store brands to offset food inflation. On the heels of a record-breaking wildfire season, the country is turning to AI for solutions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/27/20239 minutes, 6 seconds
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Cruise fight 🛳️ — Carnival condemned for Covid cruise. Stores show off their new brands. Alberta turns to AI to help fight wildfires.

Carnival Cruise Lines soon might have to spend a little bit less on cruise ship roller coasters and a little bit more on Covid lawsuit settlements. One in every three Canadians are buying more store brands to offset food inflation. On the heels of a record-breaking wildfire season, the country is turning to AI for solutions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/26/20237 minutes, 56 seconds
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AI godfather debate 🤖— California deals a blow to autonomous cars. Doomsday kits are going mainstream. The Godfathers of AI can’t agree on how dangerous it is.

Like an angsty teen who took the car out without permission, Cruise has lost its driving privileges for the time being. If you’re looking for some early Christmas gift ideas, nothing spreads holiday cheer quite like a doomsday survival kit. The comments section of a Facebook post typically isn’t a place for intelligent debate between great minds… but sometimes, it is. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/25/20237 minutes, 17 seconds
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Port strike 🪧 — Rich countries feel the migration surge. St. Lawrence Seaway workers join the strike wave. Could we see a billionaire tax?

Make some room! International migration to advanced economies reached an all-time high last year, with estimates suggesting a further influx this year, per new OECD stats. Shipping traffic at a key Canadian transportation artery has ground to a halt. No, there isn’t a 400-metre-long container ship blocking the Seaway, just 361 workers walking off the job. Three things are certain in life: Death, taxes, and billionaires not paying said taxes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/24/20238 minutes, 30 seconds
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New streaming deal 🏀—  Momentum grows for competition push. NBA looks for slam dunk with streamers. Who is Argentina’s next President?

If you've ever returned from a trip to the States and wished we had Trader Joe's here too, Industry Minister François-Philippe Champagne is with you—and not just to get easier access to the World's Puffiest White Cheddar Corn Puffs, either. While basketball fans will be focused on the NBA season tip-off this week, business fans will be more focused on the massive shake-up happening in media that’s set to reshape pro sports. As Argentines head to the polls, there’s a good chance their next president could be a man who has been compared to both Donald Trump and Wolverine. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/23/20237 minutes, 40 seconds
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Runway Robots 🤖 —  Diplomats leave India, Pearson’s runway robot, Pumping the EV brakes.

41 Canadian diplomats leave india. Toronto’s Pearson airpot rolls out autonomous safety robot Tesla’s profits fell 44% last quarter thanks, in part, to vehicle price cuts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/20/20238 minutes, 35 seconds
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Bank blues 🏦 —  Bad time to be a bank, What’s happening with SBF, Netflix leans into sponsors.

Scotiabank is the latest Canadian bank to roll out cost-cutting measures It looks increasingly unlikely that SBF will beat seven federal criminal charges Netflix is adding sponsorship and ads that target binge-watchers to draw more advertisers to its platform. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/19/202310 minutes, 4 seconds
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Free Money 🏦 —  The Senate considers UBI, New salad-making robots, Another EV investment

The Senate’s national finance committee studied a bill that would create a framework for universal basic income (UBI) in Canada. Salad start-up Sweetgreen welcomes robot overlords (sort of) Governments pledge nearly $1 billion in subsidies for an EV battery plant. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Check out the the Mcdonalds drive through here.
10/18/20239 minutes, 42 seconds
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Puff puff pass 💨 —  Five years of legal weed, Smart glasses hit shelves, Where are the entrepreneurs?

Weed has been legal in Canada for 5 years, what’s gone right and wrong? Meta has become the latest billion-dollar company to officially enter the smart glasses market with the second iteration of its design with Ray-Bans. There are 100,000 fewer business owners in Canada than 20 years ago. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/17/20239 minutes, 50 seconds
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Edge of Diplomacy 🌎 —  Scramble in the middle east, labour tug of war.

Provinces are piloting new strategies to lure skilled workers in high-demand sectors like healthcare, green energy, and construction. Statistics Canada will release the consumer price index tomorrow Top US diplomats spent the weekend shuttling between Middle Eastern capitals in a bid to stop the war between Israel and Hamas from escalating into a broader regional conflict. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/16/20238 minutes, 12 seconds
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English Tax 💲 —  Quebéc to bump tuition, IKEA is cutting prices, A $60B oil opportunity.

Quebéc is demanding that out-of-town university students parle Français, lest they pay the price. Ikea is slashing prices on a range of its furniture worldwide, as easing supply chain costs have made things cheaper to produce Exxon Mobil’s move to acquire Pioneer Natural Resources is welcome news for the Canadian oil industry. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/13/20237 minutes, 57 seconds
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Toy Story 🧩— Canadian toy giant expands, Amazon wants you to buy again, X marks the disinfo.

Canadian toy giant Spinmaster buys US pre-school toy makers Melissa & Doug Amazon is testing out a new buy again feature to boost revenue. Misinfo is running wild on X. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/12/20238 minutes, 30 seconds
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Birken-Stocks 🩴— Iconic sandal maker goes public, we’re addicted to cheap eats and 23&Me’s data leak.

We are addicted to cheap, addictive and unhealthy foods. 23&Me’s data breach serves as another reminder to change your passwords. Sandal maker Birkenstocks dips a toe into the public markets. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/11/20239 minutes, 49 seconds
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Climate Proof ☕— Starbucks develops climate resistant beans. Canada squeezes Airbnb. Food makers are tightening their belts.

Poor weather conditions are threatening to make your morning coffee even more expensive. The federal government is considering measures to encourage cities to limit the supply of short term rentals. Companies are worried that new weight loss drugs will be bad for their bottom line. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/10/20239 minutes, 16 seconds
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Blackberry 2 ☎️ — Blackberry cuts itself into two. Grocers agree to freeze prices. Rent is going up.

BlackBerry just booted up the ol’ Bold 9700 and sent a heartfelt break-up text… to itself. As some Canadians prepping for Thanksgiving come face-to-face with $120 turkeys, the government is asking big grocers to do something, anything, to lower food prices. Two years ago, $2,000 could go a long way in Canada’s major cities: We’re talking floor-to-ceiling windows, indoor swimming pools, and desirable downtown locations… Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/6/20237 minutes, 57 seconds
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AI wearables ⌚️ — AI-generated ads are coming. Meta’s news block is hurting small outlets. AI wearables are so hot right now.

If there’s ever a modern-day Mad Men reboot, it’ll likely feature less cigarette smoking and whiskey drinking, and more inputting prompts into chatbots. Two months into Meta’s Canadian news block, small-time publishers are feeling the pinch. The tech industry hopes you’ll consider making AI gadgets a regular wardrobe fixture. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/5/20237 minutes, 25 seconds
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Spy trial 🕵️‍♀️ — Our ongoing battle with India. Canada’s unprecedented spy trial. Silicon Valley loves longevity.

It’s increasingly clear that Canada and India’s spat isn’t the kind that’s easily resolved over a few texts and a round of beers. In a story ripped from the works of John le Carré (or perhaps John le Carr-eh), a landmark Canadian espionage case just hit the courts. Yachts and mansions are nice, but these days, Silicon Valley executives are chasing something money can’t buy: Time. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/4/20238 minutes, 45 seconds
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EV trucks 🚛 — The battle for EV truck supremacy. Businesses are betting big on hard drugs. Laurentian CEO heads for the exits.

What do four-year-old boys and the electric vehicle (EV) market have in common? Both are obsessed with trucks. Bad business idea: Opening a meth and crack store that immediately gets shut down. Maybe a good business idea? Early investing in the potential decriminalization of hard drugs. Over the summer, analysts were pretty confident that major banks would be interested in buying Laurentian. But now, even the CEO doesn’t want to work there. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/3/20239 minutes, 2 seconds
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Sport VCs 📈 — Remote work dries up. Feds look to space to fight wildfires. Athletes are turning to venture capital.

Still working from home in your sweats? Better hang on to that gig if you want to keep the lifestyle because few new jobs will afford you the same luxury. This year’s historically bad wildfire season has the federal government searching for new ways to battle future blazes. If it seems like everyone you know (and know of) is becoming a venture capitalist these days… yes, yes they are. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
10/2/20236 minutes, 46 seconds
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EV factory collection 🔋 — Why is Costco selling gold bars? Canada is all in on EV battery production. The hottest tech launch of the fall.

A 10-kg bucket of peanut butter. A box of 204 frozen croissants. A 24-karat gold bar. What do all of these items have in common? You can buy them all at Costco. Some folks collect baseball cards or stamps. Canada is collecting EV battery plants. Apple’s iPhone 15 is officially the hottest release of the fall. And no, we’re not talking about its lightweight frame, USB 3.2 port, and exciting new button… Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/29/20237 minutes, 59 seconds
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Just check out 🛍️ — Canadian tech agrees to AI code of conduct. Hollywood writers go back to work. Buy a beer from Amazon in seconds.

Canada’s new AI regs just dropped… Do you hear that? It’s the sound of keyboards clacking, pens scribbling, and overpriced latte orders echoing across the Sunset Strip… …which can only mean Hollywood writers are back. Amazon’s new check-out concept means Canadian sports fans will still pay $13 for a beer, but at least they won’t have to wait in line for it. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/28/20238 minutes, 57 seconds
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David and Goliath 🛒 — The FTC challenges Amazon. The supershoe footrace heats up. Canada courts digital nomads.

The FTC surely must be inspired by the story of David and Goliath, because the US regulatory body won’t stop picking fights with tech giants. The saddest six-word story ever written: For sale, $500 shoes, worn once. Picture the life of a digital nomad: You’re probably thinking of oceanfront workplaces, rainforest yoga, and drinking out of coconuts. But what about just heading to Toronto? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/27/20239 minutes, 29 seconds
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Voice ai 🎤 — ChatGPT finds its voice. No recycled Lego bricks. Are more strikes on the horizon?

OpenAI's latest ChatGPT update bestows the AI chatbot with the gifts of speech and sight. The world’s largest toymaker is having a hard time making its little bricks eco-friendly. As the calendar turns and labour unrest in Canada continues, the Summer of Strikes is evolving into the Autumn of Arbitration (which is way less catchy, but just as important). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/26/20237 minutes, 13 seconds
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New Ford contract 🚗 — Ford workers win big pay bump. New space rocks just dropped. NFTs are dead, long live NFTs.

Big congrats to anyone who works for Ford on your big raise. Next round is on you! Unlike many of us coming home from holiday, NASA remembered to bring back souvenirs from its latest trip. Look away, arachnophobes: A new species of tarantula with a unique, electric blue colour has been discovered in Thailand. Don’t worry about finding one of these guys in your home, though—they’re quite rare and prefer the warm, humid conditions of a tropical forest. If you were kicking yourself last year for not getting in on the NFT craze, we’ve got good news… Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/25/20236 minutes, 47 seconds
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Face boarding pass ✈️ — India escalates beef with Canada. Toronto ponders EV mandate for Ubers, taxis. Who needs a passport when you’ve got your face?

Remember the good ol’ days of Canadian and Indian leaders forging economic ties and posing for extremely cringey photos? We sure do — but that time is behind us now. Ride-sharing in Toronto could soon become an eco-friendly way to travel, which might make you feel a little better about all those Uber charges. Physical passports and boarding passes could go the way of smoking sections on airplanes thanks to biometric technology. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/22/20237 minutes, 42 seconds
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Face boarding pass ✈️ — India escalates beef with Canada. Toronto ponders EV mandate for Ubers, taxis. Who needs a passport when you’ve got your face?

Remember the good ol’ days of Canadian and Indian leaders forging economic ties and posing for extremely cringey photos? We sure do — but that time is behind us now. Ride-sharing in Toronto could soon become an eco-friendly way to travel, which might make you feel a little better about all those Uber charges. Physical passports and boarding passes could go the way of smoking sections on airplanes thanks to biometric technology. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/21/20239 minutes, 3 seconds
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AI side hustle 🛠️ — The Bank of Canada has a lot more work to do. The UN takes a temperature check. AI is a side hustle sidekick.

If the Bank of Canada (BoC) is looking for a new mantra during these trying times, might we suggest, “What goes up must come down… to the 2% inflation target.” As the 2023 UN General Assembly enters its final day, member nations are trying to find a way to get a passing grade on the world’s hardest group project. Looking to put some extra muscle into your side hustle? Look no further than our robot pals. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/20/20238 minutes, 35 seconds
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Grocery plan 🧾 — Feds demand plan from grocery execs. Canadian rental listings are really something else. How did a Vietnamese EV company get so big while selling so few cars?

If you can’t figure out why you’re grocery bill keeps climbing, you’re not alone, the federal government was wondering the same thing. From shared bedrooms to staircase apartments, it’s a tough world out there for new renters. You’d think that to be one of the world’s most valuable car companies, you’d need to move a lot of hot rods. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/19/20239 minutes, 21 seconds
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Auto risk 🚗 — Autoworkers see risk in electric vehicle future. Celebs lock up their likeness. Luxury hotels are booming.

Electric vehicles might be great for bringing emissions down, but there’s growing concern among autoworkers that they might not be great for people who make cars for a living. Did anyone have Tom Hanks filing a copyright for his AI avatar on their 2023 bingo card? London (England, not Ontario) is set to welcome at least 13 new high-end hotels, some of which claim to offer seven-star accommodation—a number of stars we didn’t even know was possible. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/18/202323 minutes, 41 seconds
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Unhelpful cold medication 🤧 — Common cold drugs not only taste bad, they don't work. White House asks Big Tech for AI answers. Don’t pick up the phone.

Ever feel like your cold medication isn’t really doing the job? That may be because it’s literally not doing the job—or any job, for that matter. Washington rolled out the red carpet for big tech’s A-listers yesterday, but instead of asking them who they’re wearing, the Silicon Valley equivalent of the Avengers were quizzed about AI. Stop us if you’ve heard this one before: Your phone rings, you pick it up, and within 0.01 seconds, you realize it’s a scammer. You hang up and swear off answering calls for good. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/15/20238 minutes, 48 seconds
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Unhelpful cold medication 🤧 — Common cold drugs not only taste bad, they don't work. White House asks Big Tech for AI answers. Don’t pick up the phone.

Ever feel like your cold medication isn’t really doing the job? That may be because it’s literally not doing the job—or any job, for that matter. Washington rolled out the red carpet for big tech’s A-listers yesterday, but instead of asking them who they’re wearing, the Silicon Valley equivalent of the Avengers were quizzed about AI. Stop us if you’ve heard this one before: Your phone rings, you pick it up, and within 0.01 seconds, you realize it’s a scammer. You hang up and swear off answering calls for good. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/14/20237 minutes, 57 seconds
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Carbon credits 🏭 — New iPhone, new problems. Ottawa ponders international student puzzle. Amazon goes green(ish).

Apple held its latest product event yesterday, dubbed “Wonderlust,” to pitch shiny new toys they hope will help them navigate unusually choppy waters. The federal government is rolling up the welcome mat for international students (and maybe sticking it in storage for a while). In an effort to offset the environmental impact of its business (and its founder’s 417-foot, US$500 million superyacht), Amazon is getting into the carbon capture game. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/13/20238 minutes, 30 seconds
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Addictive junk food 🍟 — Just plane embarrassing. Google faces its biggest antitrust threat yet. Cigarettes and junk food have something in common.

Canada’s delegation to the G20 Summit is finally on its way back home after proving that in this country, no one is safe from flight delays. Like any of us in hour four of a Monopoly game, the US government wants to put an end to it all. You all already know that tobacco companies were responsible for one major global health crisis, but what if we told you they were actually responsible for two of them? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/12/20238 minutes, 30 seconds
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More lithium 🪨 — US, India score G20 wins at China’s expense. Lithium deposit found in US may be world’s largest. Jobs report sends mixed signals.

China and Russia’s leaders may have decided to skip this year’s G20 gathering in New Delhi, but everyone else managed to get along just fine without them. Heading west for a gold rush? So 19th century. It’s 2023: Miners these days want to hear about lithium “in dem thar hills.” The latest job numbers are in, and they’re sending more mixed signals than a crush who likes all of your Instagram stories but won’t answer any of your texts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/11/20237 minutes, 6 seconds
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Car privacy 🚗 — India opens its arms at this year’s G20. China takes a bite out of Apple. Cars are less private than a nude beach.

A who’s who of global leaders are landing in New Delhi as the annual G20 Summit starts tomorrow… or later today if you factor in the time difference. Imagine this: You’re a company, and your second-biggest market, which generates almost a fifth of your revenue, suddenly enacts a partial ban on your products. Cars are packed to the gills with technology these days, leading to various problems like production shortages, rampant theft, and now, major privacy concerns. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/8/20237 minutes, 44 seconds
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Rates hold 💵 — Tiff holds rates but leaves the door open for hikes. Return to office… now. Streaming may get more lucrative for musicians.

The Bank of Canada held its policy interest rate steady at 5% yesterday, but don’t call it a pivot—they’re ready to hike again if that’s what it takes to whip inflation, and they want to make sure everyone knows it. As Labour Day fades from sight in the rearview mirror, more Canadian employers are telling, not asking, employees to return to the office for at least a few days of the week. For artists who don’t change the economic outlook of a city with a couple of concerts, some extra money from a new royalty deal could go a long way. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/7/20238 minutes, 39 seconds
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China chips 💻 — Rise of the athlete influencer. Canada makes friends in the Indo-Pacific. China’s got chips too.

Athletes: They’re just like you and me. They eat, sleep, and are painfully aware of how many views their latest Instagram story is getting. At an international summit of Asian countries, the Prime Minister of Indonesia got a custom Team Canada basketball jersey, and Canada got a shiny new foreign partnership. As the US-China chip continues to run hot, a new smartphone has entered the chat. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/6/20238 minutes, 49 seconds
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ChatGPT in the classroom 📚 — ChatGPT enters its freshman year. Feds urged to create disaster response force. As rents heat up, Germany wants a freeze.

It’s back to school for students across Canada, and teachers are preparing to contend with a new presence in the classroom that’s shaping up to be more disruptive than the class clown: Artificial intelligence. While Canadian troops have been used to fight unprecedented wildfires this summer, some say there’s a better solution. As renters start to echo the concerns of Jimmy McMillan (read: the rent is too damn high), some countries are taking measures to cool off hot rental prices. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/5/20238 minutes, 12 seconds
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Arm the rebels 🛍️  — Canadian mortgages get bigger. Bots aren’t allowed. Shopify and Amazon team up.

Canadian mortgage balances are making like a gym bro and getting swole.The newest location of Canada’s largest bookstore is set to offer a lot more than books. Robots have never been welcome on the internet—think of all the crosswalk photos waiting to stump us in a CAPTCHA—but that’s never been more true in an era of web scraping bots. Like two mismatched cops assigned to work the same case in a cheesy action movie, Shopify and Amazon have set aside their differences and become frenemies. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
9/1/20239 minutes, 4 seconds
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Pasta shock 🍝 — One million residents short of estimates. Indigo asks, “Would you like some books with your wine?” Prepare for pasta sticker shock.

If your top skills include “counting, like, really high” then boy, does the government have a job for you. The newest location of Canada’s largest bookstore is set to offer a lot more than books. It might be time to cut back on the spaghetti carbonara… not because you need to watch the carbs, but to save on your grocery bill. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/31/20237 minutes, 37 seconds
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AI at work 🛠️ — The AI battle for your office. Beat the high rent with an apartment swap. What’s the deal with Alert Ready?

Google and Microsoft are duking it out to become the provider of AI tools for your office. Montréal is famous for its bagels, poutine, and… apartment-swaps? The emergency alerts you get on your phone are facing fierce criticism, and not just because they frequently scare the living daylights out of you with that blaring siren sound. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/30/20238 minutes, 3 seconds
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Workers staying put 👷‍♀️ — The West grows wary of Chinese research. Canadian workers are staying put. Cybercrimes are trending up.

As the West and China’s geopolitical relations grow tenser than our vocal cords during a big podcast recording, academic relations are also under strain. As the labour market slows down, the “job-hopping generation” is deciding to stay put. Here are our early predictions for what will be hot in 2024: Lavender mocktails, tube tops, middle-distance running, aaand rampant cybercrime. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/29/20239 minutes, 13 seconds
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New cities 🌆 — Entrepreneurs see opportunity in city-building. Researchers crack the Y chromosome code. How is Ozempic affecting Denmark’s economy?

Ever played SimCity and thought it might be fun to try your hand at creating a city from scratch in real life? You aren’t alone: A growing cohort of entrepreneurs backed by deep-pocketed financiers are giving it a whirl. A scientific breakthrough could shed light on some of the biggest threats facing men's health. How are scores of Americans trying to lose weight affecting Danish monetary policy? The answer isn’t as complicated as it may seem. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/28/20237 minutes, 47 seconds
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Nuclear water ☢️ — US intelligence weighs in on Russian warlord plane crash. Nvidia keeps cashing cheques. Japan’s nuclear controversy.

The exact causes of the plane crash believed to have killed Russian warlord Yevgeny Prigozhin have not been found, but there are plenty of theories beyond bad turbulence. Like Carlos Alcaraz at Wimbledon this year, Nvidia’s recent performance has launched it into household name status. Today, in unsurprising news, dumping nuclear wastewater into the ocean is controversial. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/25/20237 minutes, 35 seconds
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Cold drinks 🥤 — Building with BRICS. Colder weather, colder drinks. Québec shoots down international student cap.

An exclusive economic club between Brazil, Russia, India, China, and South Africa is officially open for new members. Cold drinks are hot right now, and it’s all because Gen Z thinks they’re totally mother… are we using that right? Québec didn’t waste any time shooting down the fed's latest proposal for tackling the housing crisis. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/24/20237 minutes, 15 seconds
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Moon landings 🌕 — The new race to the Moon. Meta launches an AI translator. Subway finds a potential buyer.

Like vinyl records, lunar exploration is a 1960s fave that’s back in a big way. For anyone who tries to get by with only **speaking English on vacation, Meta has introduced new technology that could help you keep the ball rolling. For sale: One lightly used sandwich chain. Price tag: About ten billion dollars. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/23/20238 minutes, 23 seconds
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New travel hotspot 🏖️ — A Montréal housing bylaw falls short. The high art market goes low. Move over Italy, it's all about Albania.

In today’s episode of ‘Canadian housing gone wrong’: A 2021 Montréal bylaw meant to lead to the construction of over 1,200 new social housing units has produced zero. In the first five months of the year, overall global fine art sales have dropped by 14% compared to the same time last year, while sales at the Big Three Auction houses (Sotheby's, Christie's and Phillips) dropped a whopping 20%, per Artnet. Folks bitten by the travel bug are running into a major problem this year: Travelling is freakin’ expensive! That’s why tourists are shifting to under-the-radar destinations. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/22/20238 minutes, 37 seconds
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New EU rules 🇪🇺 — Firefighters make progress battling BC blaze. Sweeping EU tech rules set to take effect. One year of subsidy wars.

British Columbia introduced travel restrictions and expanded evacuation orders over the weekend as wildfires continue to rage in the province, but officials expressed optimism yesterday that fire crews were turning the corner in the battle to contain the blazes. Big Tech may not have any interest in complying with Canada’s recent attempts to regulate them, but the European Union is having more luck. Yesterday, Spain beat England 1-0 in the FIFA Women’s World Cup final, topping off a tournament that has continued to break records. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/21/20238 minutes, 10 seconds
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Gamifying sobriety 🍻 — Cities are feeling the pinch. Gamifying sobriety shows. One year of subsidy wars.

Someone call Ramit Sethi from Netflix’s How To Get Rich, because Canadian cities need financial rescuing. Looking to cut back on drinking? There’s an app for that. It’s been about a year since a pair of US laws triggered a flood of incentives for investments in clean energy production and semiconductor manufacturing. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/18/202324 minutes, 15 seconds
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German cannabis 💨 — Canadian cannabis eyes Germany. Google is turning Bard into a life coach. Tinder wants you to pay up for better matches.

More Germans could soon be putting down the stein of pilsner in favour of der marihuana-zigarette as the country approaches recreational weed legalization. You’re probably already letting AI autocomplete your sentences or choose what you watch next on Netflix… but would you lean on a chatbot to give you life advice? Are you a lonely heart? Do you have some serious cash burning a hole in your pocket but aren’t famous enough to get on Raya? Well, now you’re in luck. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/17/20237 minutes, 26 seconds
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Budget cutting ✂️ — Six weeks to cut $15 billion. Dental bills sharpen their teeth. You’ve heard of Mambo No. 5, but what about Indictment No. 4?

With a new mandate to cut billions in federal spending, cabinet members might have to skip the icebreakers and head straight to the whiteboard at their team retreat next week. You can now add ‘higher prices’ to the list of reasons to put off your next visit to the dentist, alongside ‘awkward small talk’ and ‘pointy tools.’ We regret to inform you that it’s finally time to talk about Donald Trump’s legal troubles. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/16/20237 minutes, 19 seconds
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Student housing 🏠 — New AI rules on the way in Canada. Stepping up for the student housing crisis. Why are Nova Scotian waters glowing pink?

Nearly nine months after the release of ChatGPT, Canada is progressing toward increasing safety and transparency around generative AI. With rents hitting record highs and the school year incoming, start-ups are helping students find rooms where they can live, study, and hang posters of Quentin Tarantino movies. Waters in Nova Scotia were glowing pink last Thursday, and no, it wasn’t a viral marketing stunt for Pepto-Bismol or an alien menace that crash-landed into the sea. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/15/20238 minutes, 46 seconds
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AI love ❤️ — AI is trying to win your heart. The question vexing economists: Why did inflation fall? The record-breaking business of Guinness World Records

Nothing quite says romance in the year 2023 like sending sweet nothings to an AI chatbot. In the past month, Canadians have broken Guinness World Records for the deepest underwater model photoshoot (6.4 metres), most pancakes served in eight hours (17,182 flapjacks) and, most impressively, the largest dinosaur costume dance party (1,187 costumed dinos). The US is stepping up its effort to cripple China’s advanced high-tech sectors. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/14/20239 minutes, 21 seconds
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Hunt for T-Swift tickets 🎤 — My kingdom for a T-Swift ticket. Hacking contest aims to fix holes in AI models. US escalates tech war with China.

Good luck, indeed. As we enter the final day of ticket sales for Taylor Swift’s Eras Tour shows in Toronto, we wish luck to anyone trying to snag a ticket… but also caution you not to get your hopes up. What happens in Vegas stays in Vegas… unless it's at this weekend’s AI hacking competition in the City of Sin. The US is stepping up its effort to cripple China’s advanced high-tech sectors. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/11/20238 minutes, 42 seconds
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AI music 🎶 — A pipeline’s debt debacle. Record labels seek deal on AI-generated music. China’s topsy-turvy pricing problem.

Whom amongst us hasn’t spent a little too much on something we really wanted? The federal government certainly has on its newest pipeline. If you’ve ever wanted to hear Iron Maiden sing Taylor Swift’s “Shake it off,” you may soon be in luck. While here in Canada we contend with eye-popping price increases, on the other side of the world, people in China are facing a different pricing problem: Deflation. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/10/20237 minutes, 33 seconds
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New energy source 🔌 — Are big sporting events worth it? Workcations are booming. A major energy breakthrough.

With one year to go until the 2024 Paris Olympics, the event’s budget has already ballooned to €8.3 billion, up from an estimated €6.8 billion in initial costs. Thinking of extending the long weekend without taking time off work? You’re not alone. There’s nothing like waking up after a long weekend to learn that while you were busy throwing small bean bags onto a wooden board for points, scientists were making history. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/9/20239 minutes, 5 seconds
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New energy source 🔌 — Are big sporting events worth it? Workcations are booming. A major energy breakthrough.

With one year to go until the 2024 Paris Olympics, the event’s budget has already ballooned to €8.3 billion, up from an estimated €6.8 billion in initial costs. Thinking of extending the long weekend without taking time off work? You’re not alone. There’s nothing like waking up after a long weekend to learn that while you were busy throwing small bean bags onto a wooden board for points, scientists were making history. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/8/20238 minutes, 35 seconds
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E-commerce battle 🛍️ — Alberta pauses on renewables. An e-commerce turf war is brewing. Ozempic vs. berberine.

Wind and solar are the [fastest-growing sources](https://www.cnbc.com/2023/04/12/wind-and-solar-generated-a-record-amount-of-global-power-in-2022.html#:~:text=Solar was the fastest-growing,electricity demand of South Africa.) of electricity in the world. Too fast, if you ask Alberta. Many contests over the years have been dubbed the “Fight of the Century,” but Walmart vs. Amazon might live up to that hyperbole, at least on the e-commerce front. TikTokers (who else?) have found a “natural” alternative to Ozempic in berberine, a chemical found in plants like barberry and goldenseal. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/4/20237 minutes, 38 seconds
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New space station 🛰 — US credit is no longer #1. Hope you like chatbots. The race to replace the ISS.

Fitch Ratings has downgraded America's credit rating from the highest-possible “AAA” to a meagre “AA+”... just like its northern neighbour. “Four-score and seven years ago, I snagged a great deal on Marketplace!” In space, no one can hear you scream… about how great your business venture is going! Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/3/20237 minutes, 50 seconds
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Economics of aliens 👽 — Saudi Arabia eyes the mining game. Canada wants tech-savvy immigrants. The (hypothetical) economics of alien contact

Saudi Arabia may have been snubbed by soccer superstar Kylian Mbappé, but it can keep its head up knowing that its foray into mining is taking off. Is your ‘type’ an accomplished tech professional with a six-figure salary? Then you might have to battle it out with Canada’s immigration office. Aliens: Terrifying threat from beyond the stars… or untapped economic opportunity? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/2/20238 minutes, 6 seconds
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Economics of aliens 👽 — Saudi Arabia eyes the mining game. Canada wants tech-savvy immigrants. The (hypothetical) economics of alien contact.

Saudi Arabia may have been snubbed by soccer superstar Kylian Mbappé, but it can keep its head up knowing that its foray into mining is taking off. Is your ‘type’ an accomplished tech professional with a six-figure salary? Then you might have to battle it out with Canada’s immigration office. Aliens: Terrifying threat from beyond the stars… or untapped economic opportunity? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8/1/20239 minutes, 20 seconds
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New trains 🚊 — Your pension fund’s next investment: Transit. OpenAI’s deal with AP comes with a catch. El Salvador’s gang crackdown.

A new train system launching today in Montreal is set to reshape how people get around the city—and could become a proof of concept for a new way of building infrastructure elsewhere in the country. The Associated Press might’ve been the first news outlet to cut an AI licensing deal, but they made sure they weren’t giving OpenAI an early-bird discount. In Central America, El Salvador’s president has become more popular than the Pope—and no, it’s not because he decided to make Bitcoin legal tender. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/31/20239 minutes, 9 seconds
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Random range 🚗 — All hail resale. Is the West done raising rates? Tesla hasn’t got the range.

Canada’s top high-end winterwear brand (that’s named after an aggressive northern waterfowl) is tapping into the growing consumer desire to get thrifty. Inflation is cooling across the Western world, but don’t grab your party hats just yet. Like a friend who tells you their birthday bash is going to be the wildest party ever, Tesla is facing accusations of over-exaggeration. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/28/20237 minutes, 26 seconds
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Cabinet shuffle 🏛️ — Canada’s Cabinet kerfuffle. The cost of the immigration boom. The dynamic price is right.

Almost 80% of Canada’s ministers are new or in a new role… all with the hopes of making a dent in the country’s most pressing issues ahead of the next election. According to a new TD Economics report, Canada's historic population growth risks exacerbating the country’s biggest problem areas. As the demand for experiences like travel, movie passes, and concert tickets soars, companies are taking advantage by leaning into ‘dynamic pricing.’ Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/27/20237 minutes, 15 seconds
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Twitter is now X 🐦 — The race to build a super-app is on. Why Vancouver’s proposed zoning law matters. What in the Worldcoin?

In one of the most significant rebrand in the history of rebrands, Twitter is now X. Like baggy clothes and country music, zoning laws are having a moment this year. Since time immemorial, our eyes have had one use: To see things. Now, they finally have a higher purpose… generating crypto tokens! Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/26/20238 minutes, 45 seconds
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Soccer domination ⚽️ — The cruise business is back. Private nursing is booming. Saudi Arabia’s plan for world soccer domination.

Riding the comeback wave this year are cargo pants, vinyl records and… cruises? To keep emergency rooms open, hospitals are dropping stacks on private nurses. Forget crypto, the new get-rich-quick strategy is playing pro soccer in Saudi Arabia. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/25/20238 minutes, 30 seconds
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Declining wine 🍷 — El Niño could mean higher food prices. Fine wine’s value takes a hit. The race is on to make flying cleaner.

Get ready to cross some more squares off your extreme weather bingo card, because El Niño is here. If you followed in Jay Z’s footsteps and locked up some expensive bottles of wine as a retirement investment, you might be looking for a refund right about now. In addition to adding oat milk and Aperol Spritzes to their in-flight menu, Air Canada is making moves to add more sustainable aviation fuel (SAF). We don’t really do clickbait here, but… click to watch 488 good dogs. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/24/20237 minutes, 55 seconds
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Barbenheimer 👚 — It’s a Barbenheimer world. Google showcases its new robo-reporter. FBI of the North

Two of the year’s biggest films, Oppenheimer (about the father of the atomic bomb) and Barbie (about, well, Barbie), are out in theatres and making for an unlikely double feature. Google is taking a break from its fight with Canadian publishers to showcase its brand-new toy for journalists: An AI helper. The Mounties appear on the verge of a major shakeup—and no, it doesn’t involve ditching the iconic Red Serge jackets and campaign hats. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/21/20239 minutes, 42 seconds
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New tax now  🤑 — Canada wants its new tax now. Bosses want to boss from home. Alberta’s open for business.

At the age of 156, Canada is going through a rebellious phase. Who’s leading the return-to-office resistance? It’s not ‘entitled’ millennials, but their bosses. The world’s biggest rodeo isn’t all barrel racing and politicians flipping pancakes but an opportunity for Calgary to lure residents and investors to the city. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/20/20238 minutes, 27 seconds
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Open door 🇨🇦 — Meta opens up its AI. Inflation rate falls to 2.8%. Canada wants US tech workers. Meta just took a big swing to prevent itself from becoming an AI also-ran.

Temperatures are still hot, but at least inflation is cooling. After years of losing talent to the US (also known as ‘brain drain’), Canada is now looking to lure back some of those workers. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/19/20238 minutes, 48 seconds
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More fires 🔥 — Millions across North America under air quality advisory. Little relief for big global debt. Nike cuts ties with Hockey Canada.

As Canadian wildfires place millions of Americans under air quality advisories again this week, get ready for our southern neighbours to get mad at us all over again. If you ask US Treasury Secretary Janet Yellen, the debt problems facing low-income countries are a problem for the global economy. Nike is calling it quits on a 20-year relationship with Hockey Canada. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/18/20238 minutes, 12 seconds
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Private jets 🛩️ — The new 9-to-5 may be here to stay. Private is the only way to go (if you’re a CEO). Canada and Australia are two peas in a pod.

Somewhere Dolly Parton must be celebrating because the 9-to-5 could be history, new data suggests. Companies may be cutting back on employee perks, but top executives have been a notable exception. Don your Kangol hat, crack open a Foster’s, and prepare to say “g’day mate,” because Australian leaders are coming to Canada. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/17/20238 minutes, 9 seconds
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Strike over 🪧 — Port strike coming to an end. Blame the Hollywood strike on AI. Canadian car costs are soaring.

After nearly two weeks of striking, the union representing BC port workers reached a tentative four-year deal with employers to re-open Canada’s westernmost ports. For the first time in 63 years, Hollywood actors and writers are striking at the same time. It’s an almost unheard-of event driven by the unprecedented advances of AI and streaming. Looking to buy a car? With prices like these, we’d recommend walking. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/14/20237 minutes, 57 seconds
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Bank for sale 🏦 — What’s next after the latest rate hike. Laurentian throws up the “For Sale” sign. Canadian watchdog launches probe into Nike.

Tiff Macklem and the Bank of Canada (BoC) did what everyone expected and raised Canada’s overnight interest rate by 0.25% up to 5%—the highest since 2001. On this season of The Canadian Bank Bachelorette, 177-year-old Laurentian is looking for that perfect deep-pocketed suitor to give it the final rose. Canada has reportedly launched one of the first-ever probes into Nike’s alleged use of forced labour abroad. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/13/20238 minutes, 44 seconds
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Hiking season 🥾 — To hike or not to hike? The atmosphere is getting too crowded. New epoch just dropped.

Another rate decision brings T-Mack back into the hot seat. What do Earth’s lower atmosphere and Canada’s major highways have in common? Humanity could soon enter a new geological epoch, and it all starts in Canada. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/12/20239 minutes, 9 seconds
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Fire money 🔥 — Postmedia and Nordstar call things off. The US shatters Ukraine’s NATO dreams. The economic cost of wildfires piles up

Like an uncertain bride and groom, Canada’s two biggest newspaper publishers got cold feet and have off called their wedding. The economic costs of Canada’s wildfires are starting to pile up. Today marks the start of a two-day NATO summit where leaders will discuss the day’s most pressing issue: ~~Barbie vs. Oppenheimer … I mean~~ … Ukraine’s odds of joining the alliance. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/11/20238 minutes, 21 seconds
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Cannonball 🏊‍♀️ — Mercedes joins Tesla charging network. Vision Pro arriving next year—if you don’t mind Apple scanning your face. Canada’s lifeguard industry needs saving.

Tesla’s grip on EV charging is tightening, with Mercedes-Benz reaching a deal to access Tesla’s Supercharger network and adapt its vehicles to its charging standard. Apple’s mixed-reality Vision Pro headset is coming next year, but getting your hands on one will be a bit more complicated than picking up a new iPhone. Somebody should reboot Baywatch, because we need something, anything to motivate people to become lifeguards. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/10/20237 minutes, 53 seconds
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Emoji law 👍 — Stellantis stalemate comes to a close. Threads takes off. Emoji law.

Getting ahead in the green transition doesn’t come cheap… just ask the government. Meta’s new Twitter competitor, Threads, debuted yesterday and… it’s a hit A Saskatchewan court ruled that a [thumbs-up emoji](https://www.bnnbloomberg.ca/thumbs-up-emoji-can-represent-contract-acceptance-sask-court-finds-1.1941866#:~:text=court finds,-Ben Cousins%2C BNN&text=A “thumbs up” emoji can,of King's Bench for Saskatchewan.) (👍) can be a valid confirmation of a contractual agreement after finding a farmer liable for breach of contract. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/7/20239 minutes, 30 seconds
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Twister 🌪️ — Meta launches a Twitter rival. Tornadoes put Canada in the spin cycle. CEOs are putting in the work.

Mark Zuckerburg is ready to rumble… and no, we’re not talking about the cage flight that may or may not happen against Elon Musk. After only the US, Canada sees more tornadoes than [anywhere else on Earth](https://www.publicsafety.gc.ca/cnt/mrgnc-mngmnt/ntrl-hzrds/trnd-en.aspx#:~:text=Canada probably gets more tornadoes,at any time of year.)… and they might be getting stronger. More and more CEOs are taking notes from the show Undercover Boss as they shed their suits and experience, first-hand, what it’s like working for the companies they manage Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/6/20238 minutes, 55 seconds
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Twister 🌪️ — Meta launches a Twitter rival. Tornadoes put Canada in the spin cycle. CEOs are putting in the work.

Mark Zuckerburg is ready to rumble… and no, we’re not talking about the cage flight that may or may not happen against Elon Musk. After only the US, Canada sees more tornadoes than [anywhere else on Earth](https://www.publicsafety.gc.ca/cnt/mrgnc-mngmnt/ntrl-hzrds/trnd-en.aspx#:~:text=Canada probably gets more tornadoes,at any time of year.)… and they might be getting stronger. More and more CEOs are taking notes from the show Undercover Boss as they shed their suits and experience, first-hand, what it’s like working for the companies they manage Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/5/20238 minutes, 1 second
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Port strike ⛴️ — BC port strike enters fourth day. Wanted: Construction workers. The low-down on Canada’s new clean fuel rules.

A union representing BC port workers has extended their long weekend until further notice. Hey, want to build houses? Asking for our friends in the construction industry. While you were busy firing up the grill on Saturday, new clean fuel rules quietly came into effect. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7/4/20237 minutes, 39 seconds
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No more news 📰 — Google bans the news. Cyberattacks come with a high price. It’s all about AI at Collision.

Canada is learning the hard way that when a tech giant makes a threat, you best believe ‘em. A cyberattack on Suncor has left the company and its customers looking for answers. The biggest artificial intelligen…sorry, technology event in Canada has drawn to a close. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/30/20237 minutes, 57 seconds
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Crypto comeback 🪙 — FTX is plotting a comeback. Job ads show a wage growth slowdown. Meta rolls out new social media safeguards

In what would be the most shocking comeback since Michael Jordan returned to the NBA (pick either time that it happened), bankrupt crypto exchange FTX wants a fresh start. Wage growth in Canada has been flying high this year, to the point where it has actually outpaced inflation. But new data from Indeed suggests it could be coming down to Earth. Can you name anything scarier to Meta than the EU right now? We’ll wait. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/29/20238 minutes, 18 seconds
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Collision conference 👩‍💻 — Inflation slows, but still has a way to go. Collision conference arrives in Canada. Canada’s grocery sector needs more competition.

A new round of inflation data shows that rate hikes are slowing down the economy, but it’s too soon to start celebrating just yet. Canada’s marquee tech conference is descending on downtown Toronto this week, and we were there live to cover it. The most-anticipated release of the summer just dropped: The Competition Bureau’s report on Canadian grocers. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/28/20237 minutes, 57 seconds
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Expensive roofs 🏠 — Construction costs are sky-high. You’re telling me a robot made these drugs? Adidas wins patent fight with Nike… this time.

The cost of raising a roof is going through the roof. Have you heard about INS018_055? No, it’s not the name of Grimes and Elon Musk’s newest child. It’s a potentially groundbreaking AI-designed drug. While “supreme court decision” might sound like a pretty big deal for most people, it’s just another day in the life of the world’s biggest footwear brands. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/27/20236 minutes, 43 seconds
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Putin’s chaotic weekend 📅 — Vladimir Putin had a chaotic weekend. India's secret weapon for dealing with red tape: AI chatbots. Canada’s accounting shake-up.

When your colleagues ask what you got up to this weekend, you can say “Much more chill than Vladimir Putin’s, that’s for sure.” You thought Loblaws selling 37$ chicken breasts was bad? Canada Bread is kindly asking you to hold its beer. Most of us use AI chatbots for mundane, daily tasks like drafting memos or meal planning. But in India, they’re giving the nation’s poorest populations a leg up. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/26/20237 minutes, 56 seconds
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Musk vs. Zuck 🥊 — The fight of the century: Musk vs. Zuck. Bread price fixing. And fake meat isn’t meeting expectations.

Elon Musk and Mark Zuckerberg have agreed to a cage fight. No, this is not a story from an abandoned April Fool’s edition. You thought Loblaws selling 37$ chicken breasts was bad? Canada Bread is kindly asking you to hold its beer. Even though it’s making headlines, lab-grown chicken is the least of the plant-based meat industry’s concerns right now. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/23/20238 minutes, 31 seconds
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Sub search 🌊 — Sub search turns up empty. The IMF has some advice for Canada. A sweet tooth, in this economy?

With its air supply gone, the worst-case scenario has likely been realized for the five people aboard the missing Titan submersible. The UN’s top financial body just finished up a trip to Canada and has some friendly advice on how to handle green investments. Today in not-so-sweet news, the price of your favourite grocery impulse buy is on its way up. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/22/20238 minutes, 49 seconds
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Movie woes 🎞️ — Publishers want Big Tech to pay up. Ozempic ads are here, there, and everywhere. Are moviegoers tired of Pixar and superheroes?

Big Tech is learning (the hard way) that the internet isn’t one big free for all. You’ve probably heard of Ozempic—the diabetes drug that has become a fave of celebs and border-hopping Americans for its weight loss capabilities—because it’s literally everywhere. Twin box office flops this past weekend involving pillars of modern moviegoing—Pixar and superheroes—paint a concerning picture for studio execs trying to get butts in theatre seats. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/21/202310 minutes, 9 seconds
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Plane sale ✈️ — Canada has a housing market twin. Paris Air Show takes off. What will central banks do next?

New Zealand’s housing prices have crashed harder than a toddler after a sugar rush. Paris’ other headline-grabbing show—the Paris Air Show—begins this week. Only in this event, guests are leaving with 500 Airbus jets instead of Louis Vuitton’s summer collection. About a year into their bare-knuckle brawl against inflation, the world’s central banks have found themselves playing the least fun game of ‘would you rather’ ever. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/20/20238 minutes, 20 seconds
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Maple syrup bust 🍁 — A $150 million maple syrup meth bust. As rates rise, Canadians’ debt gets riskier. Canadian grocers face potential windfall tax

According to the UN’s 2022 World Drug Report, seizures of methamphetamines are on the rise. The latest of these huge meth busts comes with a rather ridiculous Canadian twist. If someone owes you a fat stack of cash, now might be a good time to check if they’re still good for it… especially if you happen to be a Canadian financial institution. If you were disappointed by the new grocer “[code of conduct](https://www.cbc.ca/news/business/grocery-code-of-conduct-1.6832120#:~:text=The code is intended to,of the proposed code reads.)” for being light on details around how the new rules would actually be enforced, this might be some welcome news. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/19/20237 minutes, 40 seconds
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Maple syrup bust 🍁 — A $150 million maple syrup meth bust. As rates rise, Canadians’ debt gets riskier. Canadian grocers face potential windfall tax

According to the UN’s 2022 World Drug Report, seizures of methamphetamines are on the rise. The latest of these huge meth busts comes with a rather ridiculous Canadian twist. If someone owes you a fat stack of cash, now might be a good time to check if they’re still good for it… especially if you happen to be a Canadian financial institution. If you were disappointed by the new grocer “[code of conduct](https://www.cbc.ca/news/business/grocery-code-of-conduct-1.6832120#:~:text=The code is intended to,of the proposed code reads.)” for being light on details around how the new rules would actually be enforced, this might be some welcome news. We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: **https://tinyurl.com/TPDTS** Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/16/20238 minutes, 5 seconds
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Bey-flation 🎤 — Beyonce inflation. Regulation is knocking on AI’s door. Toyota EVs aim to go farther

Sweden’s annual core inflation rate fell just 0.2% last month, a notably smaller drop than analysts expected. Experts now have one irreplaceable theory for why this happened. Right now, AI research and development is kind of like the Wild West, but a hotshot sheriff named the EU just rode into town to lay down the law. Just six months after Toyota’s CEO expressed he was, let’s say, less gung-ho for electric vehicles than other carmakers, the company has entered the scene in a big way. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO - We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS
6/15/20238 minutes, 31 seconds
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Streaming sports 🎾 — Western ports hit choppy waters. IKEA’s AI future. Netflix gets creative with sports streaming

One of the world’s least efficient cargo ports is now facing the unimaginable: Becoming even less efficient. Everyone and their mother has an AI chatbot these days, and everyone's favourite provider of reasonably-priced middle-tier furniture is no different. Love is Blind fans may never forgive Netflix for the outage that spoiled the live reunion, but the company is ready to venture back into live programming… only this time, with sports. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO - We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS
6/14/20238 minutes, 55 seconds
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Swoop no more 🛬 —  Reddit fades to black. Canada joins the US corn crusade. Swoop…and it’s gone.

Reddit is facing a revolt from some of its most popular subreddits. In the biggest cornfield contest since Field of Dreams, Canada is joining the US in a trade complaint against Mexico over the country’s restrictions on genetically modified corn imports. A pilot [pay bump](https://www.reuters.com/business/aerospace-defense/westjet-pilots-tentative-deal-24-hourly-raise-over-4-years-document-shows-2023-05-26/#:~:text=World at Work-,WestJet%2C pilots in tentative deal for 24%25 hourly raise,over 4 years%2C document shows&text=MONTREAL%2C May 26 (Reuters),seen by Reuters on Friday.) that was supposed to solve WestJet’s labour retention issues and stabilize operations has resulted in the company shutting down its budget airline, Swoop. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/13/20238 minutes, 3 seconds
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Zuck’s plan 🥽 —  US regulators push crypto to the brink. Zuck’s plan. Do energy drinks have too much energy?

The cryptocurrency sector is facing an existential crisis courtesy of Uncle Sam. Apple may have its Vision Pro, but Meta CEO Mark Zuckerberg has a vision of his own. (That is the one and only time we will use that joke—promise!) Today in news that you will not find shocking, a drink called Hype Sauce may not be a totally healthy beverage choice.. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/12/20238 minutes, 55 seconds
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We sold The Peak 📈 — The Peak sells to Moses Znaimer’s ZoomerMedia. Uber wants you to share. Meet the Chinese e-commerce app dominating the App Store charts.

The Peak has agreed to sell to ZoomerMedia for an aggregate purchase price of $5 million, the companies announced yesterday.  Few experiences are more nightmarish than booking a rental car. Long lines, endless paperwork, and ending up in a 2004 PT Cruiser despite asking for a 2018 Honda Civic.  A Chinese e-commerce app that promises to let you “shop like a billionaire” has rocketed up to #3 on Canada’s App Store charts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/9/20237 minutes, 11 seconds
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Car theft crisis 🚗 —  Car thefts in Canada are a “national crisis”. How much AI is too much AI? Meta’s biggest attack yet on Canada’s online news act.

Missy Elliott once asked, “Beep beep, who got the keys to the Jeep?” These days, the answer to that question is too often, “sophisticated international crime syndicates.” While it’s pretty amazing we’ve got to the point where artificial intelligence can think critically and come up with solutions out of thin air, it can also be a pain in the behind. There are few guarantees in life: Death, taxes, and your relatives angrily sharing news articles on Facebook. And even that last one might soon disappear. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO - We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTS
6/8/20238 minutes, 52 seconds
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Golf merger ⛳️ —  The SEC comes for crypto’s biggest names. The PGA and LIV Golf link up. Office vacancies are trending up.

Like the Blue Jays in 92/93, the US Securities and Exchange Commission (SEC) has gone back-to-back. Back-to-back with crypto lawsuits, that is. The Canadian Open kicks off tomorrow at the scenic Oakdale Country Club in Toronto. However, the competition is taking a backseat to some much bigger golf news. Looking for office space? Well, you’re in luck. There’s a lot of it on the market right now. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/7/20238 minutes, 12 seconds
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Vision Pro 🥽 —  Apple meets the AR moment. The UN’s plastic problem. I’m an AI, and I endorse this message.

Apple unveiled its long-awaited augmented reality (AR) headset at its Worldwide Developer’s Conference yesterday—the Vision Pro—a sleek pair of goggles with a battery pack that looks like something a cyberpunk hacker would wear while hitting the slopes. Last year, the UN agreed on an ambitious goal to devise a treaty by 2024 aimed at ending plastic pollution. But like any group project, there are some major differences of opinion. Separating fact from fiction in an election campaign is difficult enough already. Now throw artificial intelligence into the mix, and it’s about to get a lot tougher. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/6/20238 minutes, 29 seconds
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Wildfire tech 🔥 — Big city landlords have a cash flow problem. Tech takes on wildfires. Charging station shortage poses EV roadblock.

Rents in Canada’s big cities are through the roof, and somehow many landlords are still losing money on their rental properties. It’s just another day in our wild, wild housing market. Wildfires have turned into a fact of life for millions of Canadians, and a growing cohort of entrepreneurs and investors are developing technology to limit the damage they cause. Around the world, the push is on to get people to drive electric vehicles, but one big hurdle persists even in the most EV-friendly places: There just aren’t enough charging stations. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/5/20238 minutes, 32 seconds
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Greek sun ☀️— Greeks and Albertans team up on solar power. Canadian travellers enjoy their last hurrah. Nova Scotia faces record fires.

New to the list of things Greece is famous for—after (of course) philosophy, souvlaki, and beaches—is solar power. In a new energy deal, Alberta hopes to learn a thing or two. Canadians are booking their summer getaways in record numbers, but the good times may be coming to an end. An out-of-control wildfire in southwest Nova Scotia is now the largest in the province’s history, and still burning out of control. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/2/20238 minutes, 43 seconds
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Class action suit 👨‍⚖️ — Stellantis subsidies could surpass VW’s. Retailers want to replace tags with QR codes. Shopify faces class action suit over severance pay.

Stellantis looked at the subsidies Volkswagen was offered for its Ontario electric vehicle (EV) battery plant—the total could end up hitting $13 billion—and said, “Hold my beer.” Someone has figured out a use for QR codes that isn’t totally frustrating (looking at you, restaurants with digital-only menus). Shopify employees were once known for their loyalty and reverence for the company, but that was before people started getting fired. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6/1/20238 minutes, 34 seconds
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Car thief 🚗 — Your Kia is (kind of) safe in Canada. Canada’s ketamine supplies are running low. A small province tackles big problems.

A year after the “Kia challenge”—the “challenge” is to steal a Kia—emerged on TikTok, software fixes haven’t stopped thieves from continuing to make off with stolen cars. You may know ketamine by its use as an animal sedative or status as a Schedule 1 drug, but the demand for it as a treatment for anxiety and depression is also booming. Canada’s smallest province is getting bigger. Prince Edward Island (PEI) will be home to 200,000 people by 2030, according to projections released by its provincial government.. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/31/20238 minutes, 44 seconds
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Busy parks 🏞️ — Canada’s national parks are selling out fast. A tale of two job markets complicates labour shortage story. And Quebéc gets stricter on immigration.

Ahhh, spring. If you ask us, there’s no better time to take advantage of the great Canadian outdoors… that is, if you can snag a reservation. We’ve all heard plenty about Canada’s labour shortage by now, but a new StatsCan report shows that understanding the state of the job market is way more complicated than counting the number of “help wanted” signs. *If you don’t know your j’ai fini from your [je suis finis](https://www.bbc.co.uk/languages/yoursay/lost_for_words/french/deadly_food.shtml#:~:text=Je suis finis.,simply%3A J'ai fini.),* you might have a hard time migrating to Québec in the coming years. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/30/20238 minutes, 18 seconds
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Hard to sell 🌿 — Don’t believe everything you see. Weed is too hard to sell. And Albertans go to the polls.

It’s time to update the old warning, “Don’t believe everything you read,” to “Don’t believe everything you see.” Here’s an only-in-Canada story for you: Government officials are worried that it’s too difficult to sell people weed right now. Voters in Alberta will decide on their next premier today in a close election that’s being watched around the country. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO - Loblaw purchase announcement: https://www.loblaw.ca/en/In-a-canadian-first-loblaw-to-purchase-electricity-in-alberta-that-is-generated-by-wind-sun-and-water-helping-to-cut-its-nationwide-operating-carbon-emissions-by-17-per-cent/ Loblaw ESG report: https://www.loblaw.ca/en/responsibility/
5/29/202314 minutes
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Critical minerals 🪨 — Canadian banks hurt by weak earnings. Falling behind on critical minerals mining. The era of easy returns is over.

Our high-level bank earnings summary: “Not great, but things could be worse.” How do you mine critical minerals in Canada? Very slowly, according to one of the largest miners in Ontario’s Ring of Fire. The days of no-questioned-asked returns are numbered, as retailers crack down on one of their biggest profit suckers in a worsening economic climate. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/26/20238 minutes, 28 seconds
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AI podcasts 🎤 — We’re number one (in debt). AI comes for the podcasters. Why cities can’t have nice things anymore.

Sometimes being number one isn’t anything to brag about—take Canada’s household debt situation, for example. There are a lot of podcasts. About 4 million, to be exact. From old roommates to distant relatives to yours truly, starting a podcast has become a right of passage into adulthood. We regret to inform you that city budgets across the country have gotten so tight (relatable) that they’re starting to take away the fun stuff. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/25/20238 minutes, 17 seconds
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Post-plastic 🥤 — Ontario clears path for foreign trained engineers. Welcome to your (sort-of) post-plastic future. And no public inquiry needed.

Becoming an engineer in Ontario just got easier (you know, aside from all the math). By the end of this year, plastic straws are set to officially become a relic of the past. After taking a look into allegations of China’s interference in Canadian politics, former governor general (and current “special rapporteur”) David Johnston has decided the whole thing represents an “increasing threat to our democratic system” but has not called for a public inquiry into the matter. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/24/20238 minutes, 42 seconds
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Trucker tax 🚛 – The CRA is looking into a trucking scam. Who’s paying for the EV transition. And no such thing as a free TV.

A group representing Canadian truckers is sounding the alarm about a scam it thinks has reached a “crisis level.” And unlike a novelty mudflap, it’s no laughing matter. Everyone wants to be a big EV player… as long as someone else pays for it. A startup called Telly has dominated the news headlines after offering a smart TV with a market value of $1,000 for free. The catch? To subsidize your free TV, the screen comes with a small display attached to the bottom that will run advertisements as you watch. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/18/20239 minutes, 13 seconds
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Regulating AI 🤖— Altman testifies to Congress. Inflation is going the wrong way. And WestJet pilots are threatening to walk.

If anything can bring two sides of the aisle together, it’s regulating artificial intelligence. Some surprises are good, like a b-day party or finding a $20 bill in your coat. Others are less good, like a cancelled reservation or a blister. Recent inflation data is one of those surprises. If you thought long weekend travel couldn’t possibly get any more chaotic, think again. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/17/20238 minutes, 51 seconds
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Troubling wildfires 🔥— Vice is selling. Western Canada is suffering from wildfires. And Hollywood disapproves of Canadian content laws.

Vice, which started out as a tiny punk zine in Montréal before becoming the bad boy idol of new media brands, filed for bankruptcy protection. A group of its creditors put in a US$225 million bid to buy the company, an amount that would be covered by existing loans. Western Canada has seen more than 600 wildfires so far this year, but officials say the season is just getting started. The Motion Picture Association (MPA)—a trade group made up of major Hollywood studios, including Disney and Netflix—published a report claiming that Canada’s system for defining homegrown content is unusually narrow and out of step with the rest of the world. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/16/20238 minutes, 52 seconds
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TikTok trouble 🎥 — Former TikTok engineer could discredit the company’s position. Used cars tell us lots about inflation. And middle market struggles

A new lawsuit against TikTok owner ByteDance could discredit the company’s primary defence against efforts by some Western lawmakers to ban the app. The Bank of Canada is determined to crush inflation, but that doesn’t mean prices are going back to pre-pandemic levels. For proof, look no further than the used car market. The last year has been tough if you’re a middle-of-the-pack consumer or retailer. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/15/20237 minutes, 14 seconds
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Private stations 🛰️ — Softbank loses big. Private companies are getting in the space station game. And Canada looks for health care workers.

Only Softbank Group would lose US$7.2 billion and give itself a little pat on the back. Space startup Vast partnered with Elon Musk’s SpaceX to launch a school bus-sized space station into orbit by 2025, as more private companies race to capture low-orbit real estate. Canada’s search for health care workers continues! Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/12/20238 minutes, 49 seconds
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New passports 🛂 — Google is deepening their AI search integration. Canada has newly designed passports. And Canada wants in AUKUS.

After Google’s developer’s conference yesterday, online search might never be the same. Yesterday, Canada unveiled a new passport design that’s sure to draw some double-takes during your next international trip. A new report co-authored by former national security advisor Vincent Rigby found that not only did Canada’s allies leave it out of the AUKUS security pact, they never sent an invite. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/11/20238 minutes, 10 seconds
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Shellfish 🦞 — BRICS coming up with new currency. Problems with Canadian shellfishing. And an update on the debt ceiling.

Developing countries are teaming up to take on the global monetary order as we know it. A pricing dispute in Canada’s crustacean heartland has crabby fishers calling out seafood processors for their shellfishness. It’s once again time to check in on the US debt ceiling debacle. Spoiler alert: Joe Biden and GOP lawmakers are no closer to reaching a resolution on raising the debt ceiling after the president met with Congressional leaders yesterday. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/10/20239 minutes, 2 seconds
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Digital coins 🪙 — The BoC wants to issue a digital currency. Europe is regulating AI. And Lululemon is combatting fakes.

The Bank of Canada (BoC) wants to know how you’d feel about swapping those cold hard coins for a less tangible alternative. When it comes to tech regulation, Europe is like the friend who sucks it up and calls the Uber when everyone pretends to stare off into space. Cracking down on AI is no exception. Want to get a free pair of Lululemon leggings? You just have to buy a fake pair first. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/9/20238 minutes, 19 seconds
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Coronation 👑 — We have a new King. The future of AI and jobs. And the Alberta wildfires.

In case you weren’t up at 4 a.m. on Saturday waiting with bated breath and a full English breakfast, King Charles III’s coronation was this morning, generating fawning and furor. From the role of AI in the writers' strike to IBM’s hiring freeze, it’s time to talk about how we plan to defend jobs against the robots. Wildfire season has arrived early in Alberta this year, forcing the province to declare a state of emergency over the weekend and expand evacuation efforts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/8/20238 minutes, 34 seconds
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Shopify layoffs 🛍️ — Shopify makes cuts. TD loses a deal. And a new grocery code of conduct. For our first story, Like our goal of reading 100 books, Shopify started the year with an unattainable dream.

After weeks of speculation about the fate of a takeover deal that would make TD Bank the sixth-largest lender in America, the offer is officially off the table. The grocery code of conduct that would govern the actions of Canada’s grocers and their suppliers is in its final draft, but it’s still leaving top grocery critics hungry for more. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO - Loblaw purchase announcement: https://www.loblaw.ca/en/In-a-canadian-first-loblaw-to-purchase-electricity-in-alberta-that-is-generated-by-wind-sun-and-water-helping-to-cut-its-nationwide-operating-carbon-emissions-by-17-per-cent/ Loblaw ESG report: https://www.loblaw.ca/en/responsibility/
5/5/202312 minutes, 54 seconds
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New Airbnbs 🏨 — Bed, Bath and Beyond locations are being bought up. Changes coming to Airbnb. And tension in the banking system.

If you’re been looking to gift that special someone a lightly used retail outlet, act fast: nearly half of the now-emptying 65 Bed Bath & Beyond stores in Canada have been snapped up. These days, it’s easy to find yourself in the midst of planning your dream vacation only to checks bank account realize, you know what, a weekend camping trip is actually just fine. While bankers no doubt rejoiced after the US Federal Reserve signalled it would move to pause rate hikes, the sector is still full of more tension than the final season of Succession. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/4/20238 minutes, 13 seconds
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Writers strike ✍️ — Screenwriters are going on strike. A Canadian NHL team is for sale. And Blackberry is back in the news.

The Writers Guild of America (WGA)—the union representing 11,500 scribes behind American film and TV—is on strike after failing to reach a new deal with the Alliance of Motion Picture and Television Producers, AKA, the suits that sign their cheques. It’s not every day an NHL team goes up for sale, so interest in buying the Sens is booming. Just in time for the movie about its dramatic rise and fall, BlackBerry is back in the news. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/3/20238 minutes, 49 seconds
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Strike over 🪧 — The public sector strike is over. Adidas is re-evaluating. And more AI concerns.

After 12 days of picketing, most striking federal government worker strikes are back on the job. After realizing it couldn’t make a fashion line in partnership with freakin’ Beyonce marketable, Adidas is stepping back to reassess its entire business. British-Canadian computer scientist and University of Toronto professor Geoffrey Hinton—known as one of the three “Godfathers of AI”—stepped down from his role at Google’s AI division so he could freely talk about the dangers AI currently poses. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/2/202310 minutes, 1 second
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Housing shortage 🏠 — CMHC says housing shortages are going down. There’s a new Twitter alternative. And new rules for airlines.

If you thought there already weren’t enough homes to go around, the Canada Mortgage and Housing Corp. (CMHC) wants you to know you ain’t seen nothing yet. Faced with a litany of annoying bugs and bewildering product changes, many Twitter users are looking for an alternative—the question has always been, what would that alternative be? The federal government is making it easier for you to win arguments with airlines’ customer service departments. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
5/1/20238 minutes, 22 seconds
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Overload 🔌 — Regional banks are in trouble. Hydro-Quebec is overloaded. And commercial real estate is in hot water.

Since the collapse of Silicon Valley Bank (SVB), it’s been tough sledding for US regional banks… and investors worry that First Republic could be the next to fall. Like a university student with a full course load, Hydro-Québec has taken on too much and is running low on energy… literally. Is commercial real estate the next domino to fall in our creaking global economy? A growing number of signs point to very possibly. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/28/20238 minutes, 58 seconds
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Gaming risk 🎮 — The Microsoft acquisition of Activision is at risk. Amazon and UOttawa partnership off the table. And Ikea is working to keep their furniture affordable.

Microsoft’s proposed US$69 billion acquisition of Activision Blizzard is in jeopardy after the UK’s competition regulator delivered, to put it in gamer parlance, a 360 no-scope kill shot. What do Amazon and your ex have in common? Both face accusations of being way too controlling. The company synonymous with “affordable furniture” is working hard to keep it that way. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/27/20237 minutes, 42 seconds
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Online streaming bill 📺 — Canadian railcars are going south. AI dominates earnings. And the latest on the online streaming bill.

On Alphabet and Microsoft’s earning day, let’s unpack the results… Pizza Pizza isn’t the only Canadian entity heading to Mexico. Soon, Canadian railcars will be making like us on Spring Break and taking trips down south. The contentious Bill C-11, or The Online Streaming Act, is set to pass in the Senate any day now. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/26/20238 minutes, 13 seconds
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Mexican-Canadian pizza 🇲🇽 — Pizza Pizza goes to Mexico. The federal strike is causing headaches. And the Port of Vancouver expands.  

Pizza Pizza opened its first international location in Guadalajara, Mexico, as Canada’s largest pizza chain looks to expand its horizons beyond its provincial borders. If you’re looking to renew your passport, apply for Canadian citizenship, or send a 40-foot shipping container’s worth of stuff anywhere, this might not be your week. The Port of Vancouver is planning a serious update to its operations, but updating a port isn’t as easy as updating your phone’s operating system or your LinkedIn headshot. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/25/20238 minutes, 53 seconds
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Bed Bath and Gone 🛀 — Bed Bath and Beyond is officially dead. Don’t pick up if Apple calls. And fashion houses are under scrutiny.

Bed Bath & Beyond, the home goods retailer known for sky-high merch displays and really bright lighting, has finally thrown in the towel and filed for bankruptcy. Apple is expanding its push into the realm of mental health products with a new pre-downloaded app (codenamed Jurassic) that will utilize iPhone usage data to make suggestions for what to jot down If we learned anything from House of Gucci, it’s that the fashion biz isn’t always pretty. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/24/20238 minutes, 48 seconds
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/NATO bill 💵 — Canada isn’t following through on NATO commitments. Federal worker strike could have a big impact. And Buzzfeed pulls the plug on news.

Every friend group has that one buddy that’s happy to have all the fun but let someone else foot the bill. In NATO, Canada might be that guy. As Public Service Alliance of Canada (PSAC) workers hit the picket line, their fight for higher wages could disrupt more than just your spring travel plans. After over ten years in operation, BuzzFeed has pulled the plug on its news division. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/21/20237 minutes, 27 seconds
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Private Moon 🌝—New Snap features. Private companies going to Moon. Big strike among public sector employees.

This year for Snap: Flying selfie drones are out, and everything augmented is still very in. Top travel destinations for 2023: Venice, Maui, Seoul, and… the Moon? In what’ll be the single-most newsworthy strike since Shohei Ohtani’s final pitch at the World Baseball Classic, Canada’s federal workers are hitting the picket line. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/20/20239 minutes, 25 seconds
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CEO Switch 👨‍💼— Loblaws has a new CEO. AI musicians are putting out tracks. And Canadian companies IPO-ing elsewhere.

President’s Choice spokesman and Loblaw President Galen Weston will step back from the day-to-day operations of Canada’s biggest grocer after two years at the helm. In the last few days, a new song featuring Drake and the Weeknd racked up over 600,000 Spotify streams and 15 million views on TikTok. The only problem? The artists didn’t make it. There are many reasons to be proud to be Canadian, but some Canuck companies are feeling a lot less patriotic when it comes to going public these days. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/19/20239 minutes, 1 second
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New Samsung Search 📱— Samsung is thinking about swapping Bing for Google. Hockey Canada gets its funding back. And remote workers get a tough report.

It’s not often that Google's parent company Alphabet takes an L, but yesterday, shares dropped after news of a potential disaster on the AI chatbot front broke. After ten months of withholding funding, the feds are hoping the black sheep of Canadian sports has turned a new leaf. Fair warning to all the hard-working remote workers (we include ourselves in that mix), this new set of remote work data might hurt a bit. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/18/20239 minutes, 29 seconds
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Carplay Collision 🚗 — GM is moving on from Carplay. Vertical farming taking off in BC. And gifts for customer service reps.

Your car dashboard is shaping up to be the next front in the fight to own the screens we look at all day. When you think of a warehouse, you probably think of rusted shipping containers or movie fights scenes, not a bountiful harvest. Vertical farming may change that perception. Companies are using the “Santa Claus” method to win over customer service reps, i.e. showering them with practical gifts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/17/20238 minutes, 35 seconds
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Billion dollar weather business 🌡️— Teck and Glencore tussle. Foxconn could come to Canada. And a new weather business hits the market.

Like a pitcher waving off his catcher’s pitch…Canada’s largest diversified miner is repeatedly fending off the advances of an unwanted suitor. The federal government wants a shiny new battery supply chain for electric vehicles (EVs). Capitalizing on Foxconn’s move away from China might be one way to nab it. “How’s the weather out there today?” might be a simple question to ask, but coming up with an answer is a multi-billion dollar industry. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/14/20238 minutes, 14 seconds
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Day trading tax 📈 — Interest rates stay flat. Canadian tax courts cracking down on TFSA. And canola oil is getting big into fuels.

Tiff Macklem is nothing if not a man of his word. Despite mounting pressures, the Bank of Canada (BoC) kept its promise and continued to hold steady on interest rates. Canadian tax courts are cracking down on TFSA day trading, taking aim at investors that are doing so well that their trades could be classified as a business activity… well, kind of.  Big Canola is betting that canola oil will be used to deep fry potatoes and power vehicles. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/13/20239 minutes, 9 seconds
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Review hijack 🛍️ — Interest rates are looking down. Big fine for review hijacking. And return to office incentives.

High interest rates are hurting wallets, but there may be an end in sight. Supplement-maker The Bountiful Company will pay a US$600,000 fine to the US Federal Trade Commission (FTC) in a first-of-its-kind ruling against “review hijacking” on Amazon. Companies across the country are trotting out all sorts of new incentives to entice workers to trade in their sweatpants and mid-day naps for office life, per The Globe and Mail. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/12/20238 minutes, 31 seconds
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Sleep deals 💤 — Sleep Country makes another deal. And the courts are looking to scrap Mr. Big.

If you thought tax season couldn’t get any more stressful, the people responsible for getting your returns back are out of office for the foreseeable future. While you were counting sheep, Sleep Country has been busy counting dollars. Something called “The Mr. Big” tactic has a 95% success rate in jailing criminals, but critics want it banned. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/11/20236 minutes, 36 seconds
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Infested mansion 🏠— Apple moves some manufacturing to India. 24 Sussex is in trouble. And Google can’t fire Germans.

Apple’s first-ever retail store in India is set to open any day now, but that’s hardly the only move the biggest tech giant is making into the world’s fastest-growing major economy. When 24 Sussex Drive, the Prime Minister’s official residence since 1951, was shut down over health concerns last year, we thought, “How bad could things possibly be?” The answer: mountains of dead rodents bad. Europe’s strict labour laws are slowing down the international leg of the tech layoff tour. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/10/20238 minutes, 26 seconds
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The Big Short 💸— Investors are betting against TD. Friendshoring has challenges. And new doctor rules.

Don’t freak out, but global investors are staking a lot of money on one of Canada’s biggest banks hitting some seriously choppy waters. To paraphrase The Beatles, we can always get by with a little help from our friends… but maybe we shouldn’t rely on them too much. It will soon be easier than ever for Ontarians to find a doctor with a charming accent. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/6/20238 minutes, 33 seconds
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Quiet cities 🏢 — Finland is in NATO. Twitter is pushing pay-to-play. And Canadian downtown cores are quiet.

The happiest people on earth have joined the West’s most important military alliance. Today in news we wish was an April Fool’s joke, Twitter is **all in on pay-to-play. Canada’s downtown cores aren’t quite ghost towns, but their office buildings are eerily quiet. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/5/20238 minutes, 46 seconds
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Fighting acquisition 🥊 — WWE is bought. A Canadian astronaut is going to space. And Aritzia has a new law suit.

Hot off of WrestleMania, the world’s largest pro wrestling promotion is linking up with the world’s biggest mixed martial arts brand to bodyslam their way to bigger broadcast deals. For Ontario’s Jeremy Hansen, the sky is not the limit. NASA is sending him to [deep space](https://exploredeepspace.com/deep-space-mission-3/what-is-deep-space/#:~:text=Deep space%3A Beyond the Moon,Earth is 3%2C100%2C000 miles away.). Canadian clothier Aritzia is having a moment in the sun, but some clouds are coming in the form of a copyright infringement lawsuit against its viral storefront sculptures. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/4/20238 minutes, 45 seconds
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Mobile deal finalized 📱 — Rogers-Shaw is over. Sea-Doos and Ski-Doos are still popular. And there’s a subsidy war brewing.

The federal government approved Rogers’ ~$26 billion takeover of Telus, and slapped down 21 conditions to ensure the deal benefits Canadians. Bombardier Recreational Products (BRP) reported over $3 billion in revenue last quarter, breaking its record set in the previous quarter of $2.7 billion. Minister of Natural Resources Jonathan Wilkinson warned of a brewing “subsidy war” between the US and its allies in the clean energy space. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
4/3/20237 minutes, 49 seconds
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Loan sharks 🦈 — AI is taking jobs. China bails out countries. And loan sharks get new rules.

We’ve got good news and bad news. Good news: Advances in artificial intelligence (AI) promise to boost productivity and global GDP! Bad news: it could cost you your job. Think bailing out banks seems tricky? China’s been bailing out entire countries, according to a new study. With interest rates and the cost of living way up, at least one important number is going down—the maximum interest rate on loans. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/31/20238 minutes, 35 seconds
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AI worries 👾 — Technologists are concerned about the pace of AI. Google is rolling out new heat wave alerts. And the feds are introducing new taxes.

Kind of like us at an all-you-can-eat sushi restaurant, AI is doing too much way too fast. With warmer weather ahead, Google wants to make sure you don’t get too hot this year. From a green energy push to expanded dental care, the feds put forward ambitious but pricy goals in this year’s budget. They also made it clear who would help pay for it all. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/30/20238 minutes, 6 seconds
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Twitter for you blues 🐦 — We do a federal budget recap. Elon wants you to pay for Twitter Blue. And Disney rejects the metaverse.

Strap on a fancy new pair of shoes and step into The Peak’s 2023 federal budget analysis. Like a used car salesman covered in flop sweat in an ill-fitting suit, Twitter is desperately trying to get you to buy what it’s selling. The metaverse might be the next digital media frontier, but Disney has decided to stay put in its Magic Kingdom for now. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/29/20238 minutes, 28 seconds
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New budget 💸— Uber Eats cracks down on virtual kitchens. Central bankers are warning of a credit crunch. And there’s a new federal budget.

Do you ever scroll Uber Eats, looking for a well-deserved treat, and stumble upon fake-sounding restaurants you’ve never heard of? Well, they are fake… kind of. Officials at the US Federal Reserve and European Central Bank are warning about a potential lending squeeze resulting from turmoil in the banking sector. If you’ve been anxious about your household budget lately, take heart: The federal budget very likely involved some truly stomach-churning decisions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/28/20238 minutes, 14 seconds
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Hockey sweater 🏒— New hockey apparel provider. Air Miles is bought. And questions over Chinese interference.

Hockey history is full of iconic rivalries, and the newest one is currently underway: fans vs. the official provider of NHL merchandise. In case bank executives didn’t have enough to worry about these days (read: near-collapse of Credit Suisse), the Bank of Montréal is also trying to stave off a run against Air Miles. The latest Chinese interference drama has offered us a very valuable lesson: always confirm any hot goss you get before spreading it around. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/27/20237 minutes, 29 seconds
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TikTok Trial 📱 — Canada’s GDP per capita goes down. Self-storage is taking off in Canada. And TikTok is on trial in front of Congress.

Folks, it’s time to talk about Canada’s gross domestic profit as it relates to you. It turns out, the next “big space” is literally just more space. Yesterday, Congress had its first opportunity to grill TikTok CEO Shou Chew about the company’s relationship with its Chinese owner, ByteDance, its handling of US user data, and the risks it may pose to teens. And, well, we knew we were in for some spicy questions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/24/20237 minutes, 28 seconds
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Biden in Canada 🇺🇸 — Biden is in Ottawa. AI DJs are taking over radio. And private investments are going public.

Today, Joe Biden makes his first official visit to Canada since taking office. He’s set to partake in 24 hours of pure, uncut diplomacy, including an address to Parliament. Next time you tune in to The Bear, The Cougar, The Falcon, the Squirrel, The Yeti, or whatever your local radio station is called, don’t be alarmed if the DJ sounds a little bit off. Let’s take a peek behind the curtain and into the exclusive world of private investments. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/23/20238 minutes, 18 seconds
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White Claw Vodka 🍸 — White Claw is going into vodka. Hollywood North is back. And more bailouts on the way.

With everyone from Mountain Dew to Sunny D now slinging hard seltzers, the leader of this overcrowded market is looking to diversify and capitalize on new trends. Ryan Reynolds isn’t the only producer setting up shop in Canada—camera crews are flocking here in droves. After its “don’t call it a bailout” bailout for Silicon Valley Bank and Signature Bank depositors, the US government is doubling down on its no depositor left behind mindset. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/22/20237 minutes, 56 seconds
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Book Napster 📕 — Banking system is at risk. Closing the Napster of libraries. And the new Starbucks CEO.

A coalition of central banks, including Canada, the US, the EU, England, Japan, and Switzerland, came together to keep US dollars circulating through an achy-breaky banking system. Book publishers are trying to shut down the Napster of libraries. Starbucks is welcoming a new CEO two weeks ahead of schedule. Laxman Narasimhan will unseat the coffee chain’s founder and three-time CEO Howard Schultz, who returned to the company last year—earning a $1 salary—to help right the ship and mentor his successor. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/21/20239 minutes, 4 seconds
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LNG L ⛽️ — Tax authorities using AI. Slow LNG exports from Canada. And Couche-Tard takes Europe.

Welcome to the future, where staying out of trouble depends on how well you can impress the government’s artificial intelligence (AI) tools. It’s been a minute since we’ve discussed Canada’s ambitions to become a leader in liquefied natural gas (LNG) exports. How are things going? Honestly, not great. Though we're still upset about Couche-Tard killing off Mac's Milk, we admit its recent big money moves are impressive. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/20/20237 minutes, 53 seconds
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Big beer 🍺 — Fighting a new beer tax hike. Microsoft launches new AI tools. And “Alberta is Calling” moves east.

It’s not a Happy St. Patty’s for everyone. On the year’s premier drinking day, Big Beer is ramping up a fight with the federal government over a looming tax hike on the sudsy stuff. After Google unveiled some sweet AI Workspace features, Microsoft reasserted its pole position in the AI arms race with a product it claims will “transform work as we know it.” Wide open spaces. Majestic mountains. Cheap housing. Alberta is marketing itself as the new land of opportunity to east coasters. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/17/20239 minutes, 26 seconds
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Swiss banking 🇨🇭 — Credit Suisse is in trouble. Airline fines are piling up. And fake moon photos.

Despite bank stocks enjoying a slight but promising rebound on Tuesday, news of a potential funding crunch faced by Credit Suisse quickly put the good news times to an end. Canada’s air travel regulator has been handing out fines left and right, at 10,000 feet and on the ground, amid a surge in customer complaints. In the biggest moon-related conspiracy since “NASA faked the moon landing,” one Reddit user claims that Samsung is faking its moon photos. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/16/20239 minutes, 2 seconds
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Tap water chemicals 💦 — No more toxins in tap water. Canada is watching SVB closely. And long COVID is a huge problem.

Good news for all you tapwater fans, the US and Canada are moving towards making drinking water free of toxic chemicals. Canada’s banking regulator wants to be kept in the loop as Silicon Valley’s financial crisis ripples out. Canada’s chief science advisor released a report on long COVID, claiming the illness could be a “mass-disabling event” with the potential to ravage healthcare and the labour market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/15/20238 minutes, 57 seconds
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Lab grown milk 🥛 — SVB part 2. Lab grown dairy. And an update on the Senate.

Imagine this: Before you settle in for today’s Silicon Valley Bank (SVB) coverage, you should listen to yesterday’s episode to get caught up. Like any bingeable show these days, you gotta start at the first episode. Does the idea of lab-grown meat weird you out a little? Well, scientists hope the rise in lab-grown dairy could at least help you warm up to the idea. We’re taking it back to Grade 9 civics class and giving you an update on the Senate. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/14/20239 minutes, 49 seconds
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Silicon Valley Bank Explained 🏦 —SVB fails. A confusing labour market. And people are still using floppy disks.

We explain the collapse of Silicon Valley Bank. Headlines announcing layoffs continue to crowd our feeds, and yet there are very few signs of cracks in the Canadian and US labour markets… so, what gives? Remember floppy discs? You might not! Used to store data way before the cloud and USBs, they haven't been commonly used since the 90s. But they're still kicking. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/13/20238 minutes, 28 seconds
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Supercharger 🔋 —New type of battery. Scammers are getting smarter. And money can buy happiness.

Imagine this: A future where your phone battery is so good that you never have to get through the day on a 10% charge again. Online purchase scams were the leading type of scams in Canada last year, per the Better Business Bureau, but a more dangerous contender is now coming for the crown. An acclaimed researcher has adjusted his happiness hypothesis with inflation, and then some. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/10/20239 minutes, 9 seconds
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You’re fired 🧑‍💻 — New gun legislation in Alberta. Evidence on who blew up Nordstream. And more Twitter drama.

Alberta has introduced new legislation to give itself more power over gun control. Who blew up the Nord Stream pipelines? US officials say they have new clues. We regret to inform you that Twitter drama has reached unfathomably silly new levels. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/9/20238 minutes, 34 seconds
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Big plastic 🥤— Global birth rates are down. Big plastic striking back. And new paywall on TikTok.

Global birth rates are on the decline, but one Japanese town has cracked the baby-making code. Lawyers for the plastics industry are fighting to make sure your kitchen cupboard stuffed with plastic bags stays well-stocked. Even as it deals with that pesky little issue of a potential ban in North America and the EU, TikTok is keeping on and looking for new ways to bolster its domination of Gen Z's eyeballs. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/8/20238 minutes, 20 seconds
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Personality test 👩‍💼 — Employers are using personality tests. Tesla prices are down. And Binance on the brink.

Waiting on a promotion? Well, there are two big names you’ll likely have to impress first: Myers and Briggs. Everything must go: Prices on some Teslas are down ~20% since January. From trading hiccups to stablecoin woes, the world’s largest crypto platform has had a rough 2023. And now, after a new report, regulators are circling like sharks before a feeding frenzy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/7/20238 minutes, 17 seconds
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Junk food crisis 📏 — Canadian semiconductors get a bit less Canadian. The obesity crisis is worsening. And new TikTok AI trend.

As the global semiconductors arms race gets hotter than a ten-year-old laptop trying to run a browser with multiple tabs open, one Canadian chip leader just got a lot less Canadian. Now might be a good time to buy Planet Fitness stock, because over half the world’s population will be either overweight or obese by 2035 if trends hold, according to a new report by the World Obesity Federation. The newest trend sweeping TikTok is yet another example of why you can't trust everything you see online. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/6/20237 minutes, 58 seconds
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Ransom 💰— Public inquiry on electoral interference. Searching for UFOs. And Indigo refuses to pay ransom.

A parliamentary committee voted to call on the Prime Minister to open an independent public inquiry into foreign interference in the 2019 and 2021 elections. The Chief Science Advisor of Canada wants to get to the bottom of this UFO business. If you’ve been waiting to order a copy of Prince Harry’s memoir or various home goods of questionable usefulness from Indigo, you’re gonna have to keep waiting. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/3/20238 minutes, 37 seconds
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Break up 🇨🇳— US companies are breaking up with China. Netflix is going to Broadway. And Shopify introduces a new comp structure.

GoerTek, a major Apple supplier, invested millions into a new production plant in Vietnam and is weighing an Indian expansion as it looks to [leave China](https://www.bnnbloomberg.ca/apple-suppliers-are-racing-to-exit-china-airpods-maker-says-1.1889086#:~:text=(Bloomberg) -- Apple Inc.,US company's most important partners.). Netflix’s first stage play will premiere later this year in London’s famous West End. Shopify is revamping its compensation structure to reward individual contributors with the same financial incentives that benefit those in management positions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/2/20237 minutes, 59 seconds
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Less rewarding ☕️— Rewards programs are cutting back. Stem cells powering computers. And provincial budget season.

We have some terrible, no-good news: rewards programs are getting less rewarding. A new paper in Frontiers in Science details one research group’s case for organoid intelligence—the practice of using tiny clumps of human stem cells to power computers. Provincial budget season is in full swing after Alberta and BC unveiled their #spendinggoals. In case you weren’t watching with popcorn in hand like we were, here’s the lowdown. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
3/1/20237 minutes, 47 seconds
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War startups 🔫— VCs are funding defence startups. Twitter makes more layoffs. And charities call on Canada to step-up.

Venture capitalist (VC) money might be drying up—dropping by a third globally last year—but startups are still fetching billion-dollar valuations by tapping into something that never goes out of style: Matters of national security. Twitter laid off another 200 employees—or about 10% of its remaining workforce—bringing the company’s headcount to less than 2,000 from about 7,500 when Elon Musk officially took over the company in October of last year. Big charities like Oxfam, Unicef, and World Vision are calling on Canada to step up their foreign aid game. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/28/20238 minutes, 24 seconds
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Plane ID ✈️ — Air Canada wants you to use your face to board. Inflation is looking sticky. And songwriters are cashing out.

Air Canada is piloting (and not the in-the-air kind) facial recognition tech for passengers boarding certain flights from Vancouver to Winnipeg. Canada’s inflation rate is cooling, but might prove to be sticky. You may have never heard of Tobias Jesso Jr., but he’s a shining, homegrown example of just how lucrative being a songwriter can be in the age of music royalty sales. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/27/20238 minutes, 30 seconds
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No news 📰 — Norway wants a new Northern Air Force. Google is blocking some news. And JP Morgan bans ChatGPT.

The head of the Royal Norwegian Air Force has a vision for Arctic security that involves Canada, the US, Finland, Sweden, and (of course) 250 ultra-modern fighter jets. Google is testing ways to block Canadian users from seeing news content on Search, as part of a spat with the feds over the idea that tech giants should pay up for linking articles. JPMorgan has told ChatGPT to clear its desk and head on home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/24/20237 minutes, 38 seconds
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More Canadians 🇨🇦 — Canadian newcomers are underserved. China’s Foreign Minsiter visits Russia. And a government agency decides against TikTok.

Canada plans to bring 1.5 million newcomers aboard over the next three years, over 50% of whom will be economic immigrants. But they will face an uphill battle to reach their full potential. A federal agency has very quietly decided that the government shouldn’t be using TikTok. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/23/20238 minutes, 54 seconds
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4-Day Work Week 📅 — Home Depot employees are getting a raise. Canadian naval ships are off the coast of Haiti. And the Four Day Work Week could become a reality.

Despite a lacklustre earnings report marred by slowing sales, Home Depot will commit US$1 billion towards wage increases for its hourly workers in Canada and the US, with handy hardware helpers set to receive pay bumps later this month. Canada will deploy two naval vessels to the coasts of Haiti that will be tasked with monitoring the waters around the capital city of Port-au-Prince. Data from the largest-ever 4-day work week pilot shows that the 61 UK organizations participating in the six-month study, 92% said they would stick with the shorter week. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/22/20238 minutes, 28 seconds
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Golden visa 🏅 — Portugal gets rid of their golden visa program. Chinese interference in our election. And big red boots are the new fashion trend.

Portugal will stop offering so-called golden visas—which grant non-EU nationals residency permits in exchange for investments into the country starting at ~$500,000—in an attempt to tackle a lack of affordable housing. You can now add electoral influence to your list of “things the West and China are fighting about” along with spy balloons, research funding, and real estate investing. If you’ve been on social media, you’ve probably come across a pair of red boots that look stolen off the feet of a claymation clown and wondered to yourself: “What are these things?” Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/21/20238 minutes, 17 seconds
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Equality ⚽️ — New World Bank Chief coming. CPG prices are way up. And Canadian Women’s Soccer Team are fighting for equality.

World Bank chief David Malpass will step down over a year before his tenure ends, giving the Biden administration a coveted opening to fill by June of next year. Nestlé, the world’s biggest food maker, saw its real internal growth (a measure of sales and consumer product choices) fall by 2.6% last quarter as the company raised prices by 10.1%, its steepest price hikes in decades per Financial Times. The Canadian women’s national soccer team is playing the US tonight in their first game of the SheBelieves Cup. However, their biggest match-up is happening off the pitch. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/17/20238 minutes, 20 seconds
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Search engine convos 🔎 — Bing is talking to searchers. Developers want the Bank of Canada to quit it. And the US migration crisis comes north.

Tired of having needless arguments that don’t go anywhere with your friends, family, and co-workers? Now you can have them with your search engine instead! If there was a list of groups hoping the Bank of Canada keeps its promise to stop hiking interest rates this year, housing developers would be at the very top. Last year, over 40,000 migrants crossed into Canada through an unofficial border crossing into Québec. In the last six months, the feds have relocated over 5,300 to other provinces. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/16/20238 minutes, 52 seconds
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Electric union 🚘 — The EU is going electric. Lab grown diamonds are taking off. And Canada wants to be a leader in AI.

The EU has effectively banned the sale of new gas-powered vehicles after 2035, after approving a law that will force carmakers to achieve a 100% cut in emissions by that time. Lab-grown diamonds are pretty darn close to the real deal. Complete global dominance of the maple syrup market isn’t enough. Canada wants to be a leader in artificial intelligence (AI) too. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/15/20238 minutes, 37 seconds
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AI valentine ❤️ — Bed Bath and Beyond is over in Canada. Real estate developers are skeptical of the foreign buyers ban. And AI is the new catfishing choice du jour.

After 15 years of Bed Bath & Beyond (BB&B), Canadians will have to start looking elsewhere for avocado slicers, onion choppers, and any other bizarre kitchen gadgets under the sun. Real estate developers say new rules aimed at boosting the housing supply may actually have the reverse effect. Technology has come a long way since the phrase catfish entered the cultural lexicon over a decade ago, and now cybersecurity and fraud experts are warning that new and advanced AI tech might have the potential to revolutionize romance scams. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/14/20238 minutes, 36 seconds
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Marketing bowl 🏈 — The biggest event in marketing. A great jobs report comes out. And daycare is becoming a big business.

Fox is expected to rake in ~US$600 million after selling out of its Super Bowl ad slots. The average cost of a 30-second spot was pegged at US$6.5 million, and some ended up going for over $7 million. Canada added 150,000 jobs in January, obliterating analyst expectations which projected a measly gain of only 15,000 jobs. Delivery apps and financial tech are out. For some investors, daycare is in. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/13/20238 minutes, 10 seconds
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Disney cuts 🎥 — Disney lays off. Right to fix laws are changing. And Bombardier is doubling down on jets.

Layoffs. They’re not just plaguing Big Tech anymore. Disney plans to lay off 7,000 workers and restructure its organization as it looks to boost profits and cut costs by US$5.5 billion. Tech companies are making their phones and computers a lil’ bit easier to fix, but consumer advocates want lawmakers to push them further. Thousands of travellers probably wished they owned a private jet after a disastrous holiday travel season. If they could afford one, Bombardier would be happy to help them out. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/10/20239 minutes, 29 seconds
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Search wars 🔎 — Microsoft is taking the search fight to Google. Hydrogen could be the future of energy. And great Uber earnings.

Leafs vs. Habs. Pepsi vs. Coke. Dudes who wear shorts year-round vs. Canadian winters. Then, there’s Google vs. Microsoft. And a new front has opened up in their ongoing war. Canada’s ready to add some more green to its energy mix. While most of the tech industry saw quarterly earnings reports that ranged from “disappointing” to “AHHH!!!”, Uber is looking at its latest numbers with a big, toothy grin. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/9/20238 minutes, 36 seconds
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Geothermal energy 🥵 — The PM and Premiers meet to discuss healthcare. The Bank of Canada is opening up to Canadians. And geothermal power could be a huge energy breakthrough.

Justin Trudeau met yesterday with the nation’s premiers, offering them $196.1 billion in healthcare funding to put towards healthcare over the next decade, including $46.2 billion in completely new funding. In exchange, provinces and territories must improve how they collect and share health data and report on how they spend the money they receive. The Bank of Canada (BoC) is trying to open up. But unlike your typical therapy session, it’s the Canadian public with the trust issues. Tired of hearing about wind, solar, and hydrogen energy? You’re in luck. There’s a hot new renewable energy source on the scene that is literally so hot. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/8/20239 minutes, 10 seconds
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Cashless country 🇨🇭 — Switzerland is voting on going cashless. Employers are tracking you. And a Quebecer tricks Tripadvisor.

Switzerland is going to have a referendum about whether the country should be allowed to go completely cashless. As workers hang on to work-from-home for dear life, employers are turning to tracking software (aka bossware or tattleware) to ensure workers aren’t busy napping or doing laundry. Tripadvisor took down the listing for Le Nouveau Duluth, the platform’s top-ranked Montréal restaurant, after a CBC investigation found that the eatery didn’t exist. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/7/20239 minutes, 4 seconds
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Magic 🍄 — Tech companies are missing expectations. Online arguments about food prices. And the future for Magic Mushrooms in Canada.

The triple A of Big Tech—Apple, Amazon, and Alphabet—all dropped earnings reports for the final quarter of 2022, each with its own specific points of concern. Arguing on social media: It’s not just for cranky relatives you only see once a year. Major Canadian grocery chains can get in on the fun, too. Magic mushroom shops are springing up across the country, not unlike the spree of black market pot shops that populated urban areas in the runup to legalization in 2018. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/6/20238 minutes, 25 seconds
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At-home farming 🌾 — Gautam Adani is no longer the third richest person. Canadians are farming at home. And Tim Hortons reached a settlement.

Indian billionaire Gautam Adani was the world’s third-richest person just a week ago. He’s now (as of writing) down at 17th place… Grocery bills are set to get even higher as grocers begin to process a backlog of requests from suppliers to increase prices. Tim Hortons has reached a half-baked settlement under some pretty stale privacy laws. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/3/20238 minutes, 45 seconds
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Inflation is down 📉 — Social media earnings day. Rate hike in the US . And inflation is coming down

Recent earnings reports give us a glimpse into how old-world social media platforms are adapting to a scary new world where ad revenue continues to fall. Stop me if you’ve heard this before: A central bank chair walks into a conference hall and delivers an interest rate hike… Inflation is coming down, and the reason may lie in what’s happening in housing. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/2/20238 minutes, 25 seconds
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New airline just dropped 🛫 — Porter expands service. Drugs get decriminalized in BC. And TD is targeting new Canadians.

As Canada’s aviation industry continues to do damage control after a disastrous holiday season, one airline is looking to assert itself as a major player amidst the turmoil. A rule change decriminalized possession of small amounts of drugs like cocaine and methamphetamine in British Columbia this week, and the government will be watching carefully to see how it all plays out. Toronto-Dominion Bank has sealed an exclusive advertising deal with the most popular immigration website you’ve never heard of. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
2/1/20238 minutes, 3 seconds
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Back to work 👩‍⚖️ — A new EV alliance. Parliament is back. And there’s a surge in AI investment. The corporate world of legacy carmakers is embracing the future of electric vehicles (EV).

Think your Sunday Scaries are bad? Members of Parliament returned to Ottawa after a six-week winter break with enough on their plates to keep yours truly hiding in bed. Now that artificial intelligence (AI) can pass MBA exams and create workout plans, investors just can’t pull out their chequebooks fast enough. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/31/20239 minutes, 10 seconds
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Flight tracking 🛩️ — Buzzfeed is turning to AI. Flight tracking could be coming to an end. And your employee health insurance may change.

It feels like we’ve suddenly been transported back to 2013, because everyone is talking about BuzzFeed. But the reason they’re talking about it is very 2023. Remember last year, when we were all gleefully shaming Taylor Swift and Kylie Jenner for their exorbitant flying habits? That was fun, right? You may soon be able to get a lot more than a massage and 75% off your next physio appointment with your workplace health insurance. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/30/20237 minutes, 1 second
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Dealmaking down 📉 — Big Supreme Court Ruling. Canadian deal making is down this year. And climartarians are surging.

The country’s top court is deciding whether pretend people can help defend real crimes. Canadian dealmaking fell ~40% in 2022 and is currently down ~50% from the same last year. Despite this, workers at the country’s top investment banks can sleep easy knowing their jobs are not in imminent danger. The food industry wants to appeal to a growing number of “climatarians” and “regenivores”. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/27/20238 minutes, 14 seconds
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Expensive food 🥓 — Food prices are set to rise. Layoffs in Canadian media. And employers are calling workers back to work.

$37 chicken, $14 yogurts, and $8 cabbage? Apparently, we haven’t seen the worst of it, as groceries are set to become even more expensive in the coming months. Not to be outdone by Big Tech, the media sector is also battling a series of shocking layoffs. Work From Home is definitely here to stay, but unfortunately, not for everyone. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/26/20238 minutes, 33 seconds
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Employee owned 👩‍🔧 — A new group is pushing employee ownership. Facial recognition is blowing up in China. And Ukraine is reorienting.

A new lobby group wants Canada to embrace the idea of employee-owned businesses. China’s manufacturing sector may be slowing, but its facial recognition industry is booming. As Ukraine gears up for what’s been called a pivotal moment in its war with Russia, President Volodymyr Zelenskyy is suddenly dealing with newfound problems at home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/25/20238 minutes, 37 seconds
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India bound 🇮🇳 — Manufacturers are moving production to India. Citadel is the best performing hedge fund ever. And laptop companies are trying something new.

Offshoring your manufacturing to China is so yesterday. Right now, it’s all about India. Ken griffin’s Citadel has replaced Ray Dalio’s Bridgewater as the most successful hedge fund of all time—the MOAT, if you will—after generating US$16 billion for investors last year. With laptop sales on the decline, the companies that make them are trying to come up with new bells and whistles to keep consumers coming back. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/24/20237 minutes, 55 seconds
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Google layoffs 👩‍💻 — Google lays-off 12,000. Canadian healthcare is being reformed. And we need more pilots.

When it rains, it pours. At least when it comes to tech layoffs, with Google-parent Alphabet becoming the most recent name to announce a headcount reduction. Amid a flurry of recent announcements, it’s clear that efforts to help a healthcare industry in crisis are kicking into high gear. Somebody needs to make Top Gun, but for airline pilots, because the profession is facing a shortage and could really use a shiny new recruitment tool. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/23/20237 minutes, 39 seconds
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Polite hackers 💻 — The US debt ceiling is approaching. Hackers are getting more professional. And TikTok is opening up to the gov.

The US reached the max amount of debt that it’s allowed to take on (aka the debt ceiling) yesterday, causing the US Treasury to begin taking special measures to ensure the government can continue paying its debt. Hacking group Lockbit has earned the title of “most prolific ransomware gang in the world”, carrying out ~25% of all known ransomware attacks last year and taking responsibility for breaches of over 40 organizations across the globe this month alone. TikTok is prepared to open its algorithms to regulators, in a move that could permanently change the relationship between governments and social media giants. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/20/20239 minutes, 24 seconds
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Turbulent takeoff 🛫 — Air Canada and WestJet are in hot water. Premium dating apps are getting expensive. And Canada is caught in the crossfire on tanks.

Air Canada and WestJet have been cutting domestic flight routes in recent months, a move that one business group thinks is fishier than an in-flight meal. If it wasn’t bad enough that the cost of dating (read: rising restaurant prices) has skyrocketed, now the cost of landing a date is also on its way up. Russia is thought to be preparing for a major offensive in the war with Ukraine. Ukraine’s top general, Valery Zaluzhny, wants 300 Western tanks and 600 vehicles to help fend it off. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/19/20237 minutes, 12 seconds
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Alcohol labels 🍷 — Should Canada apply warning labels to alcohol? China’s growth is slowing. And Elon Musk is heading to court (again)

If you’re doing dry January, maybe just keep at it for a while—at least that’s what new national guidelines on alcohol intake would recommend. China’s GDP grew [only 3% last year](https://www.cnn.com/2023/01/16/business/china-gdp-2022-hnk-intl/index.html#:~:text=China's economy expanded by just,downturn in the property market.), well below government targets and the country’s slowest growth rate since 1976 (aside from 2020, because of you know what). And somehow, that’s not even the worst news China got yesterday. It feels like we write this every few months, but here we go again: Elon Musk is heading to court. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/18/20238 minutes, 54 seconds
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New start 🧑‍💻 — Michele Romanow is out at Clearco. Employees are getting ahead of layoffs. And AI is making it harder for teachers.

As layoffs spread across the tech and finance landscapes like a bad rash, workers are trying to get ahead by securing new jobs before the corporate axe comes a-chopping. Life is a fickle thing. Just ask Michele Romanow. One day you’re the face of a Heineken advertising campaign. The next you’re stepping down as the CEO of your company. The days of take-home and open-book essays are over, as a new wave of generative artificial intelligence (AI) puts a full stop on traditional classroom learning as we know it. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/17/20238 minutes, 15 seconds
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Cheap eggs 🥚 — Eggs are getting cheaper. BMO has a new tech fund for consumers. Some gyms are using electrodes to help people get fit.

Whether you like them scrambled, poached, or raw like Rocky Balboa, one yolky grocery staple is about to get cheaper. Though not as cheap as they could be. BMO is linking up with financier Georgian to bring down the wall between investors and privately held technology companies. Almost 30% of Canadians say their New Year’s resolution is to get in better shape. Some gyms are advocating for one trick that could help: Electrocution. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/16/20237 minutes, 8 seconds
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Climate tech 🔌 — New climate tech. A trade dispute goes our way. And an update on Chinese real estate.

The world’s climate goals are banking on the success of carbon capture technology. One start-up has potentially kick-started the industry after a major breakthrough. Like all good friends, Canada, the US, and Mexico sometimes get into squabbles. Luckily, they have a panel of unbiased trade experts on-hand to help resolve them. The Chinese government has been trying to take some of the air out of an inflated real estate market, but it’s not going to be a soft landing. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/13/20238 minutes, 6 seconds
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Empty offices 🏢 — White collar workers are hardest hit this recession. Office spaces are going empty. And business are for sale.

Data from past recessions shows us that blue-collar workers usually bear the brunt of the impact. This time around, the trend is on track to flip into reverse. In the market for a sublet? How about a seven-floor, 348,100-square-foot office space that was supposed to be inhabited by a Canadian tech giant? Many people have a dream of owning a small business. However, it might make more sense just to take over an existing business, as there will soon be plenty of them hitting the market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/12/20237 minutes, 41 seconds
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Mexican investment 🇲🇽 — Canada is investing in Mexico. Last minute produce is getting popular. And rethinking Bell Let’s Talk.

In recent years, Canadian companies have been pouring money into Mexico. If you’re looking to save some money on groceries (and who isn’t), some startups are hoping you’ll drop coupon clipping in favour of scouring apps to score bags of half-off produce. The days of tweeting #BellLetsTalk (and giving yourself a little pat on the back for it) have come to an end as the telecom giant revamps its famous mental health campaign. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/11/20237 minutes, 42 seconds
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Fine dining 🍴 — One of the world’s best restaurants is shutting down. Stats Canada is tracking the data around gig work. Canada bought new fighter jets.

If paying upwards of $670 to eat reindeer brain custard at the world’s best restaurant is on your bucket list, you have until 2024 to secure a reservation (so start calling in favours). In what’s basically a rite of passage for any sector of the economy looking to be taken seriously, Stats Canada is now officially tracking the hard data around gig work. After watching the new Top Gun, we’ve realized that fighter jets are super cool. We also suspect the timing of the government’s first jet order in three decades is no coincidence. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/10/20238 minutes, 1 second
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Job gains 💪 — Americans are flocking north for a diabetes drug. New jobs report in Canada. And there’s a new crop of AI startups.

Canadians have long headed to the US to shop, but the trend is reversing as Americans flock north to get their hands on a diabetes drug that’s gone viral for its weight loss effects. Like a beefy bro at the gym, Canada’s seeing some serious gains. Job gains from last month, that is. As attention shifts away from the absolutely ancient fad of crypto, AI startups are now taking centre stage. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/9/20237 minutes, 6 seconds
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Housing prices 📉 — Canadian housing prices are in decline. Energy companies are decarbonizing. And CES is here.

Home sales in Toronto and Vancouver, the country’s largest housing markets, fell by ~50% last month compared to the year before, while average selling prices fell by 9% to ~$1,050,000 and 3% to $1,114,000, respectively, in the same time frame. As Canada ramps up efforts to meet its lofty decarbonization goals, the country’s oil sands are scrambling to keep up. CES, the world’s biggest tech trade show, kicked off yesterday in sunny and sinful Las Vegas with tech companies big and small ready to show off new gizmos, gadgets, and gimmicks. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/6/20238 minutes, 32 seconds
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Untrained 🔨 — Canadian workers need new training. European inflation is breaking. And Ukraine’s using new tech.

What comes after a surge in employee turnover? A surge of untrained employees. Things have been stormy in the eurozone the past few months, but the clouds are starting to break as peak inflation is now behind Europe thanks to sliding natural gas prices. On New Year’s Day, Ukraine carried out a hugely successful strike on a Russian military site. Russia claims Ukraine pulled it off by locating soldiers who were using cell phones—a sign of Ukraine’s ongoing technological prowess in the warzone. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
1/5/20238 minutes
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Not guilty 👩‍⚖️ — Some countries want to play Robin Hood. Canada's manufacturing sector is slowing down. And SBF pleads not guilty.

Some Western countries are looking to play Robin Hood by taking Russia’s money and giving it to Ukraine, but it’s not as simple as swooping in with a crossbow and green tights.Changes by Apple to limit how companies track iPhone users has created an opportunity for Shopify to turn its advertising business into a growth engine this year, president Harley Finkelstein told the Financial Times. Activity in Canada’s manufacturing sector is seeing its longest slowdown in seven years thanks to a drop in output, new orders, and purchasing activity, per Reuters. Former FTX CEO and ex-“Next Warren Buffet” Sam Bankman-Friend (aka SBF) went to court yesterday to maintain his innocence in the face of charges that could land him up to 115 years in the big house. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
1/4/20237 minutes, 49 seconds
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Welcome back 🎉 — What you missed over the holidays. Shopify’s getting in the ads business. And some predictions from us.

If you’ve been avoiding the news for the past ten days, don’t stress—that’s what the holidays are for. We’re here to get you caught up on the big stories you might have missed while spending your time on more festive matters. Changes by Apple to limit how companies track iPhone users has created an opportunity for Shopify to turn its advertising business into a growth engine this year, president Harley Finkelstein told the Financial Times. We thought we would end off our special first episode of the year with some predictions from The Peak team. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
1/3/20238 minutes, 30 seconds
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Password protected 🔐 — Netflix is banning password sharing. Winter storms hitting the country. And a ban on foreign buyers.

The company that once tweeted “love is sharing a password” is now rolling out plans to target over 100 million people who watch the service using borrowed passwords. With most of the country affected by an extreme cold or winter storm alert—or both—the biggest travel weekend of the year is sure to be an eventful one. The federal government unveiled the details of a two-year ban on foreign home buyers set to kick in on January 1st (and as last-minute Christmas shoppers, we really get leaving the announcement to the very last minute). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/23/20227 minutes, 49 seconds
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Inflation at Work 🚧 — Inflation is still high. Canadian investors are still trading. And more Quadriga funds go missing.

Many of us may be powering down for some holiday R&R, but inflation is still hard at work, making our lives even more expensive. If you thought seeing stock markets freefall for the last year would have scared off investors, let us introduce you to the incoming wave of do-it-yourself Canadian traders. $2.4 million worth of bitcoins were mysteriously transferred from virtual wallets linked to QuadrigaCX, the bankrupt Canadian crypto exchange that was revealed to be a Ponzi scheme. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/22/20228 minutes, 7 seconds
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Forever chemicals 🧪 — 3M is ending forever chemicals. Dance recitals are getting more expensive And it’s the end of single use plastics in Canada.

3M will stop making and using “forever chemicals” by the end of 2025, amid growing concern from governments and the public that the substances can cause serious health problems. This month, parents across the country have been attending various year-end recitals, but the privilege of seeing their little ones scamper in the spotlight is pricier than ever. A nationwide ban on the production and import of some single-use plastic items, including grocery bags, cutlery, straws (remember those?), and takeout containers is now in effect. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/21/20227 minutes, 37 seconds
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Gaming settlement 👾 — Elon might leave Twitter. Epic pays a huge settlement. And Toyota is hedging on electric.

Elon Musk asked Twitter users via poll—his preferred decision-making method as of late—if he should step down as the head of Twitter. Of over 17.5 million responses, 57.5% said yes. Epic Games, maker of the popular video game Fortnite, has agreed to pay US$520 million to resolve two US Federal Trade Commission (FTC) complaints. It seems like most carmakers are aboard the electric vehicle (EV) bandwagon these days… But not according to Toyota President, Akio Toyoda. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/20/20228 minutes, 3 seconds
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Net-zero flights 🛫 — Shopify is having a rough year. Flights are going carbon neutral. And Elon causing more havoc.

Shopify has had a stunningly bad year, but then again, so have most tech giants. Wouldn’t you love to fly across the world knowing you weren’t also contributing to the perils of climate change? Well, soon that dream could become a reality. As Elon Musk’s Twitter faces increasing backlash, the billionaire has shown he’s not afraid to rule the platform with an iron fist. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/19/20227 minutes, 26 seconds
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Beer deal 🍻 — Carlsberg is buying Waterloo Brewing. TikTok is damaging our youth. And stock scammers are under fire.

Danish beer titan Carlsberg is buying Canadian brewery Waterloo Brewing for a cool, crisp, and hoppy $144 million in the largest deal ever for a Canadian brewery. The US Justice Department and Securities Exchange Commission (SEC) charged eight finance influencers with defrauding investors of US$114 million through “pump and dump” schemes, in which they encouraged followers to sink money into penny stocks to artificially inflate their prices and then sold their shares of to earn a tidy (and illicit) profit. The Center for Countering Digital Hate set up new TikTok accounts with an age setting of 13 and monitored the first 30 minutes of content delivered on the platform’s algorithmically personalized “For You” page. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/16/20229 minutes, 2 seconds
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Changed COVID 🦠 — Central Banks are taking a new approach. Google isn’t worried about ChatGPT. And COVID Zero is no more.

Like many of us, the world’s central banks are ready for a re-brand in 2023: Out with the inflation-fighting fun-sucking and in with a cooler and more laid-back approach to rate hikes. Google heard all the clamour about ChatGPT (OpenAI’s AI chatbot that’s been heralded as a huge leap forward in the field) and how it could one day take on Google Search. In response, the company is telling everyone to take a serious chill pill. China is rolling back their COVID Zero policy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/15/20229 minutes
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Dreary data 📉 — Update on Rogers-Shaw. The Trust and Safety Council at Twitter has been disbanded. And new exclusively polling data.

Today is the final day of the hearing that will decide the fate of the Rogers-Shaw merger, a deal that has wide-ranging implications for competition in Canada’s telecoms industry. Please, stop us if you’ve heard this one before, but Elon Musk’s Twitter just made a big change involving safety and moderation leaving a whole bunch of people on bad terms. Feeling gloomy about the state of Canada’s economy these days? You aren’t alone. New polling by Crestview Strategy shared exclusively with The Peak shows that a large majority of Canadians think our economy is getting worse. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/14/20229 minutes, 27 seconds
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Pickleball 🏸 — Pickleball is trying to make it big. More bad news in crypto. Canadian household debt isn’t looking good.

Could the sport that finally breaks the ranks of the Big Four North American Leagues really be one that’s named after a briny, preserved vegetable? If you thought things couldn’t get worse for the crypto world, this week may force you to think again. Seven interest rate hikes later, personal finances have seen better days. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/13/20229 minutes, 16 seconds
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Slow slopes ⛷️ — Bitcoin miners are leaving Canada. The slopes are going to be busy this year. And retailers want you to spend.

Québec became a destination for crypto mining, a practice often criticized for its high energy use, by boasting some of North America’s cheapest energy prices. But now, Hydro-Québec has asked the province for permission to reallocate energy to other projects, per *The Wall Street Journal.* According to Deloitte Canada, the average household will spend $1,520 this year on the holidays, 17% less than in 2021, as Canadians brace for economic headwinds. Important news for skiiers and snowboarders: If you’re planning to shred some pow’ over the holidays, chances are you’ll have a lot of company. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/12/20228 minutes, 43 seconds
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Giving less 🎁 — Canadians are giving less. Developing countries face a debt crisis. And the government is changing foreign investment rules.

The holiday season has always been a time for opening our hearts and wallets to charity, but this year, more Canadians are cutting giving out of the budget as they try to conserve cash. A dozen developing countries might spin into a debt crisis within the next year, spelling financial trouble for some of the world’s most vulnerable people, per The New York Times. The government is looking to implement new rules under the Investment Canada Act that would require foreign actors to give advanced notice of investments in sectors deemed as “sensitive” and subject those investments to conditions from Canada’s industry minister. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/9/20227 minutes, 52 seconds
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Vertical farm 🌾 — BoC hikes rates again. GoodLeaf aims big in vertical farming. And Canada is hoping for more critical minerals.

We’ve come a long way since the 8.1% inflation rate seen in June (a near four-decade high), but if you ask the Bank of Canada (BoC), the economy still has some way to go. GoodLeaf, a Guelph-based indoor farm, raised $150 million from McCain and the investing arm of Quebec insurer Power Corp to expand its greens into a national brand. Canada has invested billions into the critical minerals mining sector this year with grand ambitions to become a major player in the global supply chain for electric vehicle (EV) batteries. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/8/20228 minutes, 44 seconds
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New league ⚽️ — Big departures at Salesforce. There’s a new women’s soccer league coming to Canada. And COP15 kicks off.

A corporate one-two punch has left the executive bench at Salesforce looking a bit empty. After the Canadian men flamed out of the World Cup, a new group is trying to keep soccer fever alive and well with a focus on Canada’s (historically way better) women players. The UN’s COP15 biodiversity conference commences today in Montreal with over 10,000 participants set to discuss how to protect and increase the world’s plant and animal life. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/7/20229 minutes, 3 seconds
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Yield curve ↪️ — Circle isn’t IPO-ing. Canada has an inverted yield curve. And rental car customers were getting arrested.

Stablecoin group Circle has abandoned its plans to go public, one of the first signs that the fall of crypto exchange FTX is starting to hit even digital assets regarded as the least risky. Folks, Canada’s got a serious case of the ol’ [“inverted yield curve.”](https://www.bnnbloomberg.ca/yield-curve-inversion-hits-widest-in-canada-since-early-1990s-1.1854997#:~:text=The yield on Canada's benchmark,Toronto time.) Former meme stock darling Hertz doled out US$168 million to settle 364 claims that it falsely reported rental cars as stolen when they just weren’t returned on time. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/6/20229 minutes, 16 seconds
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Writing bot ✍️ — There’s a new AI writing tool. Xi Jinping acknowledges protests. Volkswagen looks for EV battery manufacturing site.

OpenAI (the lab behind the AI-powered DALL-E image generator) launched its new AI chatbot ChatGPT to the public as part of its beta test. China’s President Xi Jinping has publicly acknowledged the protests that have erupted across the country in response to the government’s strict anti-Covid measures. Volkswagen is setting its sights on Canada for a new electric vehicle (EV) battery factory after a recently signed agreement effectively added the country to a shortlist of potential locations for its North American expansion. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/5/20228 minutes, 17 seconds
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Brain chips 💻 — Chips for your brain. The banks are doing well. And LinkedIn has new features.

Elon Musk took a quick break from social media stardom to shift back to mad scientist mode, claiming that chips will start being implanted into human brains in as little as six months. You won’t be surprised to hear that Canada’s big banks are raking in cash during a positive earnings season, but some are doing unusually well and have higher interest rates to thank. These days you can’t answer your phone or open your email without being bombarded by scams, but LinkedIn is determined to make sure you can still confidently accept that invitation to join your colleague’s professional network without the same concerns. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/2/20228 minutes, 8 seconds
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Spotify wrapped 🎶 — Streamers are looking to theatres for help. Mexicans are moving to Canada. And workers are going back into the office.

Happy Spotify Wrapped Day to all who celebrate! And apologies to all who don’t (hey there, Apple Music users) because your Insta stories are about to give you some major FOMO. Tough economic times mean that consumers have to take a good, hard look at what they buy, limiting purchases to only the essentials like groceries, rent, and… snowmobiles? Financial responsibility is becoming more attractive as cheap dates are the latest dating trend. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
12/1/202210 minutes, 11 seconds
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Bank buyer 🏦 — RBC buys HSBC. Nestlé is rethinking its drug plans. And the police are using 23andMe to solve crimes.

RBC is already the country’s largest bank by assets ($1.71T), but just because you’re the biggest doesn’t mean you can’t get even bigger by buying HSBC. Nestlé isn’t the first company that comes to mind when you think of Big Pharma. And considering how their rollout of a new allergy drug is going, it’ll probably stay that way. While you’re using DNA testing services to explore your neanderthal ancestry, the police are using the same data to solve crimes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/30/20229 minutes, 7 seconds
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To the movies 🎥 — Streamers are looking to theatres for help. Mexicans are moving to Canada. And workers are going back into the office.

It’s been an up-and-down year for streamers as they struggle to diversify revenue streams. Now a radical, unprecedented idea has come to the fore: Playing movies in movie theatres. In the face of rising crime rates in Mexico, more Mexicans are looking to pack their bags and head north of the border… aaaand north of that border. Workers may want to stay remote, but employers want them in the office—and more job postings insist on just that, making fully remote (and sought after) gigs harder to come by. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/29/20228 minutes, 48 seconds
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Public inquiry 👩‍⚖️ — The Inquiry into the use of the Emergencies Act ends. Flipping homes will get taxed differently. And insurers are having headaches over art vandals.

The public inquiry into the use of the Emergencies Act to break up convoy protests earlier this year has officially come to a close. Starting in January, profits from sales of homes occupied for less than a year will be 100% taxable as income—barring exceptions like death or work relocation. When insurance giants listed “climate change” as their biggest concern in a recent survey, they probably didn’t expect the headache that protests against climate change would bring. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/28/20228 minutes
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Black Friday 🛍 — This Black Friday might not be the same. Dentalcorp is up for sale. Canada’s healthcare system is critically ill.

Canadians are projected to spend 13% less on gift-giving this year as they save money for essentials, but that doesn’t necessarily mean Black Friday will be a total bust for retailers. Dentalcorp, Canada’s largest consolidator of dental clinics, has launched a review of its business to determine how to best “unlock shareholder value,” to which one answer could be “just sell the thing.” Canada is projected to be short 44,000 physicians by 2028, with family doctors accounting for 72% of the deficit, per a recent report by RBC Economics. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/25/20227 minutes, 4 seconds
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Controversy ⚽️ — More controversy surrounds the World Cup. Interest rates are becoming a big problem for mortgage holders. And Mercedes has a new subscription product.

Just a few days into the 2022 World Cup, feats of athleticism from the world’s best soccer players have been largely overshadowed by controversies and bold acts of defiance. The pain of rising interest rates is starting to spread across the housing market, and more people may soon find themselves facing larger monthly mortgage payments. Mercedes is now charging a US$1,200 annual subscription fee for drivers of its EQ models to gain access to faster acceleration and better performance capabilities, a feature that the vehicle already comes fully equipped with. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/24/20229 minutes, 14 seconds
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Sick days 🤒 — Meta’s Oversight Board made their first big ruling. We don’t know what’s going on with the National Housing Strategy. And Canada’s private sector unions are looking for a raise.

Meta’s Oversight Board, an independent body that judges the company’s most high-stakes content moderation cases, just made a decision that could change how the company moderates content. In 2017, the government launched its National Housing Strategy to create more affordable housing, which includes a sub-plan aimed at cutting chronic homelessness in half by 2028. Canada’s biggest private unions are looking for some of the largest pay gains seen in a generation to make up for the damage inflation has inflicted on consumer purchasing power. Five years in, are the feds any closer to this goal? The short answer: No one knows. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/23/20228 minutes, 55 seconds
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Lost a leap ⏱ — We’re losing a leap second.There’s a new sick day law. And a controversial weight loss drug is about to hit the market.

The International Bureau of Weights and Measures (BIPM)-the group that quite literally decides what time it is-voted to [abolish the leap second](https://www.nytimes.com/2022/11/19/science/time-leap-second-bipm.html#:~:text=It was devised as a,allow Earth to catch up.). On December 1, a new law comes into effect guaranteeing ten paid sick days a year for employees in federally-regulated industries like banking, telecoms, and air transport. Several major biotech players are moving fast to develop obesity drugs to snag their share of a market that analysts say could be worth US$50B annually by 2030. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/22/202210 minutes, 9 seconds
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Taylor v. Ticketmaster 🎟 — Twitter is the Titanic? Qatar is spending a lot on the WC. And Taylor is battling Ticketmaster.

If you log onto Twitter these days, the vibe is akin to what we imagine being on the deck of the Titanic was like, you know, riiiight after it hit the iceberg. Qatar spent ~US$300 billion (roughly 6.8 Twitters) on World Cup 2022, making it the most expensive FIFA contest ever. A disastrous presale of tickets for Taylor Swift’s upcoming tour has landed Ticketmaster (and its parent company Live Nation) in hot water with an army of Swifties—and (only a slightly more powerful force) the US Justice Department. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/21/20227 minutes, 52 seconds
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Worse than Enron 🔌 — Insolvency expert says FTX is the worst he’s seen in his career. Canada may join the OPEC for nickel. Rain is causing wheat headaches.

According to a guy that’s seen the darkest side of the corporate world, the fallen crypto exchange FTX is the worst of it all. Last month Indonesia floated the idea of a so-called “OPEC for nickel”. Now, it’s shopping around for partners to make this cockamamie dream a reality. At the top of its list? Canada. You probably know that it rains a lot in Vancouver. What you might not know is that Canada’s grain supply chain essentially comes to a screeching halt every time the skies open up there. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/18/20228 minutes, 4 seconds
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Robot writing ✍️ — Is it the end of the housing downturn? Notion is adding AI writing. And Canada needs to bolster our presence in the arctic.

Is it the beginning of the end of Canada’s real estate downturn? RBC thinks so. Cult-favourite note-taking platform Notion launched a private alpha test for its newest product, Notion AI, which can generate written content with a single prompt. Canada is ill-equipped to detect ships in its Arctic waters, and the country’s Auditor-General is pointing fingers at the federal government for not doing enough to address the problem. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/17/20227 minutes, 8 seconds
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Retail revival 🛍 — The Bank of Canada is losing money. US retailers are posting better numbers than expected. And Hydro Quebec has a spy scandal.

The Bank of Canada (BoC) is on track to give “monetary tightening” a whole new meaning by losing between $5 billion and $6 billion over the next few years. As Black Friday rears its head, the world’s largest retailer is showing signs that the doom and gloom facing the retail sector this year may have been (at least a little) overhyped. A former researcher who worked in its electric batteries unit at Hydro-Quebec has been accused of collecting trade secrets and passing them on to China. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/16/20228 minutes, 2 seconds
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Electric delay 🚗 — Electric vehicles are delayed. The Sens are for sale. And Amazon is cutting jobs.

More Canadians than ever want to get behind the wheel of an electric vehicle (EV), but most won’t be able to plant their butt in a driver’s seat anytime soon. Still have some spare CERB money kicking around? Why not bring together your closest billionaire friends and buy a professional hockey team? Not long after warning of a slowdown around what is usually a busy holiday season, Amazon has become the latest company to cut jobs to brace for a potential economic downturn. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/15/20229 minutes, 20 seconds
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Bankruptcy 🪙 — Amazon is taking loses. Twitter is chaotic and FTX is bankrupt.

After becoming the first company to lose US$1 trillion in market value (yes, ever), Amazon is taking a long, hard look at its business, because something ain’t right. Elon Musk held his first meeting as the company's CEO, fielding questions from staffers and dropping several off-side comments, like saying “there’s a good chance” Twitter will not survive the economic downturn. After scrambling to drum up money to fix a cash shortfall of US$8 billion, FTX filed for what will be the biggest US bankruptcy this year. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/14/20228 minutes, 6 seconds
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Office cuts 🏢 — WeWork is pulling back. Canva is introducing AI. And NASA is launching a new climate satellite.

Cost-cutting is the name of the corporate game these days, and WeWork is no exception. Just a few months ago, text-to-image AI seemed like super-futuristic tech reserved solely for hardcore researchers. Now, it’s available for free on one of the most popular design apps. In the wee hours of Thursday morning, NASA launched JPSS-2—its newest satellite, which joins a global observation system analyzing the Earth’s weather patterns. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/11/20227 minutes, 39 seconds
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Non-alcoholic 🍺 — There’s a new gen of non-alcoholic drinks. What if you could date using a Love is Blind app? And Meta has a big layoff.

Keurig Dr. Pepper invested US$50 million for a minority stake in Athletic Brewing, a leader in the booming non-alcoholic craft beer market. Picture this: The reality TV show “Love is Blind,” but for your personal dating life. The Big Tech carnage continued as Meta laid off 13% of its workforce (~11,000 workers), in the largest staff reduction in the tech industry this year. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/10/20228 minutes, 31 seconds
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Live pod 🎙 — Retirees are going back to work. The feds want to fund health care. And FTX is over.

Live from The Peak’s Bet on Canada Summit in Toronto! Retirees used to spend their time sunning in Florida. These days, they’re going back to work. The federal government will dish out money to fix provincial healthcare—hooray! And just like that, one of the world’s most valuable cryptocurrency exchanges has fallen. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/9/20228 minutes, 47 seconds
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Cleaning fees 🧹 — Airbnb is building cleaning fees into the prices. Canada’s proposed online streaming bill is making creators sweat. And Americans head to the polls today!

Executives at Airbnb want you to know they have, in fact, read all your angry tweets about out-of-control cleaning fees, and that they’re listening and learning. Canada’s proposed Online Streaming Bill Canadian is starting to make creators sweat. Americans head to the polls today, which means that by tomorrow there will be a crop of kooky new congresspeople that may or may not keep you awake at night. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/8/20228 minutes, 54 seconds
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Four day workweek 4️⃣ — You’re not getting enough sleep. Unilever is experimenting with the four-day workweek. And Xi is trying to cool down nuclear tensions.

In exchange for not seeing the sun after work until spring, you’re now getting an extra hour of sleep—and the odds are, that’s something you desperately need. Unilever, the multinational giant that owns brands like Ben and Jerry’s and Dove, is the biggest corporation yet to give a big thumbs up to the four-day workweek. China’s president Xi Jinping has gone from having “concerns” over the war in Ukraine to telling Russia to knock it off with the nuclear threats. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/7/20228 minutes, 33 seconds
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Strike 🪧 — CUPE education workers are going on strike. The Fall Economic Statement is out. And you may start controlling your phone with your brain.

Over 55,000 Ontario education workers, including early childhood educators, educational assistants and custodians, are set to walk off the job today. The government served up its annual Fall Economic Statement, including a declining deficit as the main, and risks around Canada entering into a recession as a side. As the world becomes increasingly like a sci-fi novel, new devices are letting the human body do things that once seemed impossible. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/4/202210 minutes, 15 seconds
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Musk makes his mark 🐦 — The Fed hikes interest rates again. Musk makes his mark at Twitter. And Google is using AI to predict natural disasters.

The US Federal Reserve raised interest rates by 75 percentage points, bringing its benchmark rate range to 3.75%-4% and effectively making any type of debt (mortgages, credit cards, auto) a little bit pricier. Less than a week into his tenure as “Chief Twit” turned “Twitter Complaint Hotline Operator,” Elon Musk is moving quickly to make his mark on Twitter by revamping its business model. The latest version of the Google wildfire warning system will introduce machine learning models trained on satellite data to improve fire tracking and detection in real-time and better predict how they spread. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/3/20228 minutes, 18 seconds
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Death of Yeezys 👟 — The sneaker market is in a spiral. TouchBistro raises a big round. And Canada has a new immigration plan.

The Adidas-Kanye West split meant the death of Yeezy: The immensely popular and influential line of shoes the controversy-mongering rapper designed for the company. That’s potentially bad news for the sneaker resale market (projected to be a US$30 billion industry by 2030) and for those touting sweet kicks as a burgeoning asset class. Toronto-based TouchBistro, a software provider for restaurants, is breezing though a market downtown that has left venture capitalists holding their dollars close to their chest. The feds just flicked on a big, bright, buzzing “OPEN” sign with a new three-year immigration plan aimed at getting skilled workers into the country to address the ongoing labour crunch. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/2/20229 minutes, 48 seconds
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Zero COVID 😷 — China is still struggling with COVID. Canadians are starting to feel the crunch of inflation. And Campari is buying a bourbon maker.

From squashing presidential term limits to picking fights with Taiwan, a lot is going on in China these days... so much so that we almost forgot about the zero-COVID crackdowns. Canadians are starting to feel the economic crunch as the Bank of Canada continues to try and combat inflation that’s more stubborn than a toddler before naptime. Italian alcohol giant Campari paid US$600 million for a 75% stake in bourbon-whiskey maker Wilderness Trail to expand its reach in the booming whisky market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
11/1/20228 minutes, 57 seconds
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Free the bird 🐦 — The Great Resignation isn’t happening. Elon takes over Twitter. The US Dollar is crushing other currencies.

First came “The Great Resignation”. Then there was “quiet quitting” (and the reaction, “quiet firing”). Countless stories about workers checking out from their job over the past year—either literally, or just mentally—painted a bleak picture of the modern workplace, but one that new data suggests bears little relationship to reality. After what felt like thousands of years (but was really just a few months) Elon Musk, finally, officially, and with no-take-backs, owns Twitter... now here comes the fun part. A supercharged US dollar (USD) is beating up weaker global currencies like a schoolyard bully and leaving central banks scrambling to find a solution. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/31/20228 minutes, 59 seconds
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Household wealth 🏡 — Canada’s nurses are heading south. YouTube is certifying health accounts. And household wealth took a major hit.

In the midst of a healthcare workers shortage, Canada's nurses are heading south of the border. From exercising organs to “hacking” menstrual cycles, there’s a ton of terrible medical advice on the internet… which is why YouTube is moving to certify channels of licensed professionals like doctors, nurses, or therapists who produce health-related content. Household wealth in Canada dropped by ~$900 billion in Q2 of this year according to RBC economists-the largest quarterly drop on record-driven mainly by a tumbling housing market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/28/202210 minutes, 15 seconds
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50 basis points 📈 — Another rate hike from the BoC. Deepfakes are getting into ads. NASA is going deep on aliens.

The Bank of Canada surprised markets with a smaller-than-expected interest rate hike of 0.5 percentage points yesterday (bringing its policy rate to 3.75%), below the 0.75 percentage point hike most economists had forecast. Deepfakes are growing in popularity with small brands to generate buzzy content featuring celebs without having to shell out endorsement money, per The WSJ. On Monday, NASA’s new team dedicated to researching unidentified aerial phenomena (UAPs, formerly known as UFOs) will begin its sci-fi-sounding work. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/27/202210 minutes, 55 seconds
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Swimming in gas 🛢 — The European gas situation is improving. Canopy is buying US cannabis companies. And Microsoft and Alphabet are showing how soft tech markets are.

Remember when Europe faced those “unprecedented risks” to its natural gas supply earlier this month? That was then. Now, the continent is basically swimming in it. Canadian pot grower Canopy (+23.5%) has purchased three pot companies south of the border (Acreage, Wanna, and Jetty’s) to form a brand new American business arm. Tech giants Microsoft and Alphabet are kicking off a week packed with earnings, during which investors are sitting tight for indicators about the state of the broader economy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/26/20229 minutes, 33 seconds
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Davos in the desert 🌴 — The Future Investment Initiative kicks off. You might start getting paid for your blood. Ontario’s EQAO scores are bad.

Saudi Arabia’s [Future Investment Initiative](https://www.bnnbloomberg.ca/wall-street-is-heading-to-saudi-arabia-as-us-oil-spat-simmers-1.1836247#:~:text=An escalating dispute over an,the US and Saudi Arabia.) (FII) kicks off today, with the who’s who of international finance meeting in Riyadh to talk shop, despite the icy chill hanging over Western relations. As Canada Blood Services (CBS) deals with decade-low donation levels, the nation’s blood supply administrator hopes paying people to get jabbed will get more veins through the door. About half of Ontario students are not meeting the provincial math standards of a B grade, according to the province’s Education Quality and Accountability Office (EQAO). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/25/202210 minutes, 24 seconds
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Android auto 🤖 — Snap stock is spooky. The G7 price cap on Russian oil might not work. And Apple and Android are fighting over your car.

If Snap’s earnings are any indication of how social media companies are faring right now, the answer is: Not well, not well at all. The G7 price cap on Russian oil imports set to start December 5 has been touted as the biggest step yet in defunding the Russian war machine. But experts aren’t so sure. The battle between blue and green bubbles is about to get a whole lot uglier as cars evolve into drivable devices. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/24/20228 minutes, 41 seconds
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Liz out 👩‍💼 — Liz Truss is out as PM. Via is adding buffer cars. And the Women’s World Cup TV rights are back up for sale.

After six weeks in office (the shortest tenure for a British prime minister), Truss was forced to resign in the wake of economic turmoil caused by her disastrous “mini-budget”. In today’s normal, nothing-to-see-here news: VIA Rail is adding ‘buffer cars’ to its oldest passenger trains to absorb impact in the event of a crash. Tomorrow’s draw for the 2023 Women’s World Cup will decide the tourney’s first-round matches, but what remains undecided is who’s going to broadcast them. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022 The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
10/21/202210 minutes, 23 seconds