The Peak Daily

Like a boxer hanging on by a thread, one of China’s biggest real estate developers is being forced to throw in the towel.After 115 years in business, Leon’s Furniture is getting into the house-building game. No word yet on whether homes come fully furnished with brand-new pieces from the showroom.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Formula E is driving EV innovations and gaining popularity with legacy automakers. The US is pausing approvals for new LNG export facilities, impacting the booming natural gas industry. US LNG export capacity is expected to double despite the pause, potentially affecting Europe.

After hitting more speed bumps than a driver in a school zone and going so over budget that it would make the Olympics blush, the completion of the Trans Mountain oil pipeline (TMP) is near.Canada’s relationship with India is getting icier than a car windshield post-snowstorm.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The Bank of Canada’s path to its 2% inflation target seems to be getting a little clearer.Here’s a brain teaser for you. Why are multiple environmental and Indigenous groups rallying against a project that aims to be a key part of Canada’s net-zero transition?Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

After months of pressure to crack down on colleges that have been accused of exploiting international students, Canada is capping study permits at 360,000 students this year.The company that supplies the T-shirts for your work functions is at the centre of a power struggle filled with almost as much corporate drama as a Succession episode.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

If we’re still in a “vibecession,” someone forgot to tell the stock market — over there, things are better than ever.As if supporting Canadian sports teams wasn’t hard enough on its own (please don’t talk to us about the Leafs), broadcasters could soon make it even tougher (and expensive) to tune in to games.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Need a topic for small talk with your pharmacist when they’re refilling your prescription? This story has you covered.Looking to revive the buzz of the early iPhone days, Apple’s hoping its new US$3,499 mixed reality headset will do the trick.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

If your usually chipper barista seems a little on edge, it might be because today is a very stressful day for many small businesses across the country.In a move that sounds like the plot of a Martin Scorsese mafia movie, U.S. sandwich chains Jersey Mike’s and Jimmy John’s are gearing up for a turf war north of the border.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Restaurant Brands International (RBI) — the very fake-sounding Canadian company that is the very real owner of Tim Hortons and Burger King — just ordered 1,000 juicy franchises.An up-and-coming company is giving ‘Big Sugar’ a run for its money with its newest Canadian expansion.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Add ‘school potentially going bankrupt’ to the list of reasons we’re happy we’re not in college anymore, alongside gruelling mid-terms and questionable dining hall food.New year, new power source: Alberta is now dabbling in nuclear power.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO