The Peak Daily
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.
Latest episodes
Sep 4, 2024 • 7min
Table for one 🍴 — Restaurants react to solo dining, China goes after Canadian canola
Eating by yourself at a restaurant used to be a shameful experience that let all the other diners know you were a friendless social pariah. Nowadays, it’s a totally normal thing to do.In the latest round of Chinese-Canadian trade warfare, China is hitting Canada where it really hurts: its 20 million acres of canola fields.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Aug 19, 2024 • 23min
Power hungry 💻 — Alberta wants to host Big Tech’s data centers .More than half of Fortune 500 companies say AI poses a risk to their business
With data centers expected to soon use as much power as all of Japan, Alberta is pitching itself as the perfect home for the energy-intensive setups.Like a nervous teenager before a first date, big companies are more scared than excited about the impact of AI on their business.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Aug 13, 2024 • 8min
Baguette bags 🥖— Scotiabank moves into the U.S., A retail play by fast food brands.
Scotiabank should grab some sunscreen and an RV, as it’s the latest of Canada’s big banks to act like a snowbird.Filipino fast food chain Jollibee has launched a new merch line complete with everything from mascot T-shirts to dog accessories.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Aug 7, 2024 • 8min
Off the rails 🚞 — Railway workers’ strike could be a runaway train. Bidding war for healthcare workers heats up.
When it comes to averting a strike, Canada’s two largest railway operators are running out of steam.The worker shortage in Canada’s healthcare system has gotten so dire that rural towns are now shelling out NHL draft-level signing bonuses to try and bring in doctors.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Aug 1, 2024 • 8min
Missing bars 🍫 — Disappearing Melona bars, BYD eyes Canadian market
Melona bars successfully went from cult fave to grocery freezer mainstay. But why have the cool and creamy Korean desserts been so hard to find in stores over the past month?As the feds weigh slapping steep tariffs on EVs made in China, BYD has decided to set its sights on the Canadian market anyway.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 30, 2024 • 7min
Treaty settlements 💵 — Ottawa could owe $126B, New movies make millions. “Deadpool & Wolverine” reverses the movie summer slump
A landmark Supreme Court ruling could set a new bar for the costs of economic reconciliation in Canada.Less than a year after releasing The Marvels, the worst-performing film in Marvel’s history, the superhero studio has landed the best opening box office weekend of 2024.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 25, 2024 • 7min
Tech tumbles 📉 — Technology stocks take a tumble. Bank of Canada cuts rates again.
In the 2003 hit movie Freaky Friday, a mother and daughter played by Jamie Lee Curtis and Lindsay Lohan wake up one morning and find their lives have been switched.In March 2022, Bank of Canada Governor Tiff Macklem said aggressive rate hikes were needed to quickly tamp down inflation, but that they’d only be temporary.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 24, 2024 • 7min
A record setting raise 💸 — Investors dust off their chequebooks. Greenwashing needs a clearer definition.
Here’s something to celebrate: After a year of penny-pinching tied to high interest rates and economic uncertainty, money is flowing into Canadian technology companies again.Not sure what “greenwashing” is? Canadian companies are right there with you.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 23, 2024 • 6min
Big ZZZs 💤 — A deal to buy Sleep Country, Airlines aren’t making money.
Sleep Country is putting its run as a public company to bed.The Farnborough International Airshow, one of the world’s largest aviation trade shows, kicked off yesterday amid some industry turbulence.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 19, 2024 • 7min
Potayto, potahto 🗑️ — Ford chooses pick-ups over EVs.
Like a legacy rock band trying to cater to their audience, Ford is sticking to the hits at the expense of the new stuff.Alberta may be known mostly for its mountains, big steaks, and rodeos, but these days, it’s found itself a new claim to fame: potatoes.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
