The Peak Daily

The U.S. is pursuing another measure that makes it seem like it no longer cares about international tourism as a GDP contributor. Canadians might be feeling pinched, but a steady diet of live entertainment seems to be a non-negotiable.

The U.S. is pursuing another measure that makes it seem like it no longer cares about international tourism as a GDP contributor. Canadians might be feeling pinched, but a steady diet of live entertainment seems to be a non-negotiable.

Like all of us this time of year, Canada is looking for ways to buy new stuff for less. There are going to be some extremely irritable Australian kids this morning. Spare a thought for their parents.

The world’s biggest ice cream company, Magnum, makes its market debut amid mixed investor reactions. Concerns grow over the future of ice cream due to health trends and climate impacts. In Canada, a new initiative invites foreign-trained doctors to fill critical healthcare gaps, addressing the doctor shortage affecting millions. Plus, a bidding war brews as Paramount makes a blockbuster bid for Warner, while hosts discuss tech deals and transit issues. Sweet treats and serious matters collide in this engaging discussion!

Travel plans are getting tangled as Air Transit suspends flights amid a looming pilot strike during peak holiday season. Listeners receive crucial advice on passenger rights for rebookings. Meanwhile, the podcast highlights a staggering rise in objections to CRA assessments, nearly doubling in recent years. Discussions cover the effects of budget boosts, increased audits, and staffing drops at the CRA that impact service quality. Also, intriguing global news bites include Netflix's ambitions and a pilot security program in St. John.

Lunch bowls are losing their appeal, especially among young diners who are turned off by their hefty price tags. As Chipotle faces revenue warnings, the hosts explore how this trend reflects Gen Z's financial strain. Meanwhile, Hims & Hers makes waves by entering the Canadian market with plans to offer generic semaglutide, just as patent issues loom over major players. Big changes are afoot as affordability and healthcare options collide, making for an engaging discussion on current consumer habits.

Big banks in Canada are cutting chequing account fees, offering $4/month options and free accounts for vulnerable customers. Meanwhile, Switzerland voters have surprisingly rejected a significant boost to inheritance taxes. The migration of millionaires is trending upwards, prompting discussions about the economic effects of welcoming the ultra-rich. Additionally, Canada has seen a surprising rise in labour productivity, against expectations, highlighting a potentially shifting economic landscape.

OpenAI is in a frenzy after launching a Code Red to boost ChatGPT's competitiveness against Google's Gemini 3. As the AI arms race heats up, the struggle for market dominance intensifies. Meanwhile, Scholastic is making headlines by selling its Manhattan headquarters amid financial woes and a pivot towards digital. The company grapples with declining sales and shifts its focus towards streaming to engage the next generation. Tune in for insights on tech rivalries and the future of children's literature.

Kathy Lee, Vice President of Small Business Banking at EQ Bank, shares insights from a survey on solopreneurs highlighting their overlooked needs and financial anxieties. She discusses how traditional banks often frustrate these entrepreneurs with unnecessary fees and features. Kathy introduces EQ Bank’s offerings specifically designed for one-person businesses, emphasizing zero monthly fees and competitive interest rates. She encourages solopreneurs to take charge of their financial well-being while sharing her personal journey in the banking world.

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.