

The Peak Daily
The Peak / Curiouscast
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.
Episodes
Mentioned books

Jun 29, 2023 • 8min
Crypto comeback 🪙 — FTX is plotting a comeback. Job ads show a wage growth slowdown. Meta rolls out new social media safeguards
In what would be the most shocking comeback since Michael Jordan returned to the NBA (pick either time that it happened), bankrupt crypto exchange FTX wants a fresh start.Wage growth in Canada has been flying high this year, to the point where it has actually outpaced inflation. But new data from Indeed suggests it could be coming down to Earth.Can you name anything scarier to Meta than the EU right now? We’ll wait.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 28, 2023 • 8min
Collision conference 👩💻 — Inflation slows, but still has a way to go. Collision conference arrives in Canada. Canada’s grocery sector needs more competition.
A new round of inflation data shows that rate hikes are slowing down the economy, but it’s too soon to start celebrating just yet.Canada’s marquee tech conference is descending on downtown Toronto this week, and we were there live to cover it.The most-anticipated release of the summer just dropped: The Competition Bureau’s report on Canadian grocers.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 27, 2023 • 7min
Expensive roofs 🏠 — Construction costs are sky-high. You’re telling me a robot made these drugs? Adidas wins patent fight with Nike… this time.
The cost of raising a roof is going through the roof.Have you heard about INS018_055? No, it’s not the name of Grimes and Elon Musk’s newest child. It’s a potentially groundbreaking AI-designed drug.While “supreme court decision” might sound like a pretty big deal for most people, it’s just another day in the life of the world’s biggest footwear brands.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 26, 2023 • 8min
Putin’s chaotic weekend 📅 — Vladimir Putin had a chaotic weekend. India's secret weapon for dealing with red tape: AI chatbots. Canada’s accounting shake-up.
When your colleagues ask what you got up to this weekend, you can say “Much more chill than Vladimir Putin’s, that’s for sure.”You thought Loblaws selling 37$ chicken breasts was bad? Canada Bread is kindly asking you to hold its beer.Most of us use AI chatbots for mundane, daily tasks like drafting memos or meal planning. But in India, they’re giving the nation’s poorest populations a leg up.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 23, 2023 • 9min
Musk vs. Zuck 🥊 — The fight of the century: Musk vs. Zuck. Bread price fixing. And fake meat isn’t meeting expectations.
Elon Musk and Mark Zuckerberg have agreed to a cage fight. No, this is not a story from an abandoned April Fool’s edition.You thought Loblaws selling 37$ chicken breasts was bad? Canada Bread is kindly asking you to hold its beer.Even though it’s making headlines, lab-grown chicken is the least of the plant-based meat industry’s concerns right now.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 22, 2023 • 9min
Sub search 🌊 — Sub search turns up empty. The IMF has some advice for Canada. A sweet tooth, in this economy?
With its air supply gone, the worst-case scenario has likely been realized for the five people aboard the missing Titan submersible.The UN’s top financial body just finished up a trip to Canada and has some friendly advice on how to handle green investments.Today in not-so-sweet news, the price of your favourite grocery impulse buy is on its way up.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 21, 2023 • 10min
Movie woes 🎞️ — Publishers want Big Tech to pay up. Ozempic ads are here, there, and everywhere. Are moviegoers tired of Pixar and superheroes?
Big Tech is learning (the hard way) that the internet isn’t one big free for all.You’ve probably heard of Ozempic—the diabetes drug that has become a fave of celebs and border-hopping Americans for its weight loss capabilities—because it’s literally everywhere.Twin box office flops this past weekend involving pillars of modern moviegoing—Pixar and superheroes—paint a concerning picture for studio execs trying to get butts in theatre seats.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 20, 2023 • 8min
Plane sale ✈️ — Canada has a housing market twin. Paris Air Show takes off. What will central banks do next?
New Zealand’s housing prices have crashed harder than a toddler after a sugar rush.Paris’ other headline-grabbing show—the Paris Air Show—begins this week. Only in this event, guests are leaving with 500 Airbus jets instead of Louis Vuitton’s summer collection.About a year into their bare-knuckle brawl against inflation, the world’s central banks have found themselves playing the least fun game of ‘would you rather’ ever.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 19, 2023 • 8min
Uninsurable 🔥 — Cancer rates surge among young people. Canada spurns global arms build-up. Will Canada become uninsurable?
Cancer rates among people aged 25 to 29 have increased faster than any other age group over the past three decades, a new analysis by the Financial Times showed.The world may be ramping up defence spending, but Canada is in no rush to dole out more cash for the military.Besides displacing thousands of people, polluting the air, and making New Yorkers mad at us, Canadian wildfires could also start driving up our insurance premiums.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 16, 2023 • 8min
Maple syrup bust 🍁 — A $150 million maple syrup meth bust. As rates rise, Canadians’ debt gets riskier. Canadian grocers face potential windfall tax
According to the UN’s 2022 World Drug Report, seizures of methamphetamines are on the rise. The latest of these huge meth busts comes with a rather ridiculous Canadian twist.If someone owes you a fat stack of cash, now might be a good time to check if they’re still good for it… especially if you happen to be a Canadian financial institution.If you were disappointed by the new grocer “[code of conduct](https://www.cbc.ca/news/business/grocery-code-of-conduct-1.6832120#:~:text=The code is intended to,of the proposed code reads.)” for being light on details around how the new rules would actually be enforced, this might be some welcome news.We're looking to learn more about YOU! Please click the link below to take part in a short survey and get entered into a draw to win a $50 Visa Gift Card: https://tinyurl.com/TPDTSCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO