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The Peak Daily

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May 17, 2024 • 9min

 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
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May 16, 2024 • 7min

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
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May 15, 2024 • 8min

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
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May 14, 2024 • 8min

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
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May 10, 2024 • 8min

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
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May 9, 2024 • 8min

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
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May 8, 2024 • 8min

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
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May 7, 2024 • 9min

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
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May 2, 2024 • 8min

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
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May 1, 2024 • 8min

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

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