Luxury tax 🛩 — Uber strikes a deal with a Canadian union. The luxury tax is cancelling private jet and yacht orders. Apple’s rolling out a new point of sale solution.

Uber has struck a deal with Canada’s largest services sector union to represent the ride-hailing company’s Canadian 100,000 drivers and delivery workers. Canadian high-end car, plane and boat makers are bracing for cancelled orders under the Liberal government’s luxury tax, per The Globe and Mail. Apple will soon roll out a feature that turns iPhones into payment terminals, eliminating the need for extra hardware, per Bloomberg.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.