The Peak Daily

Holiday splurge 🛍️ -  Canadians nab Black Friday deals, Honda’s space ambitions are taking off.

Dec 1, 2025
Canadians are splurging this Black Friday, spending 6% more compared to last year, raising concerns for their budgets. The rise of Buy Now, Pay Later options is doubling, which could lead to unexpected fees. Meanwhile, Honda is making waves in the aerospace sector with its reusable rocket technology. This success could link to advancements in satellite operations and autonomous vehicles, paving the way for smart infrastructure.
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ANECDOTE

Local Hockey Tournament Win

  • Jay Rosenthal shared that his son's U12 Parkdale Flames Select Red went 4-0 and won a weekend tournament in Bradford.
  • He used the local tournament win to banter about suburban teams and celebrate gritty hockey.
INSIGHT

Spending Rose, Discounts Didn't

  • Canadians spent 6% more on Black Friday year-over-year despite similar discount levels.
  • Rising BNPL use suggests many shoppers stretched budgets rather than finding deeper bargains.
ADVICE

Be Cautious With Buy Now, Pay Later

  • Avoid using BNPL as a default: it can lead to late penalties and overdraft fees down the road.
  • Consider waiting for deals but ensure you can afford payments without financing gimmicks.
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