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
Jul 24, 2023 • 8min
Declining wine 🍷 — El Niño could mean higher food prices. Fine wine’s value takes a hit. The race is on to make flying cleaner.
Get ready to cross some more squares off your extreme weather bingo card, because El Niño is here.If you followed in Jay Z’s footsteps and locked up some expensive bottles of wine as a retirement investment, you might be looking for a refund right about now.In addition to adding oat milk and Aperol Spritzes to their in-flight menu, Air Canada is making moves to add more sustainable aviation fuel (SAF).We don’t really do clickbait here, but… click to watch 488 good dogs.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 21, 2023 • 10min
Barbenheimer 👚 — It’s a Barbenheimer world. Google showcases its new robo-reporter. FBI of the North
Two of the year’s biggest films, Oppenheimer (about the father of the atomic bomb) and Barbie (about, well, Barbie), are out in theatres and making for an unlikely double feature.Google is taking a break from its fight with Canadian publishers to showcase its brand-new toy for journalists: An AI helper.The Mounties appear on the verge of a major shakeup—and no, it doesn’t involve ditching the iconic Red Serge jackets and campaign hats.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 20, 2023 • 9min
New tax now 🤑 — Canada wants its new tax now. Bosses want to boss from home. Alberta’s open for business.
At the age of 156, Canada is going through a rebellious phase.Who’s leading the return-to-office resistance? It’s not ‘entitled’ millennials, but their bosses.The world’s biggest rodeo isn’t all barrel racing and politicians flipping pancakes but an opportunity for Calgary to lure residents and investors to the city.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 19, 2023 • 9min
Open door 🇨🇦 — Meta opens up its AI. Inflation rate falls to 2.8%. Canada wants US tech workers. Meta just took a big swing to prevent itself from becoming an AI also-ran.
Temperatures are still hot, but at least inflation is cooling.After years of losing talent to the US (also known as ‘brain drain’), Canada is now looking to lure back some of those workers.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 18, 2023 • 9min
More fires 🔥 — Millions across North America under air quality advisory. Little relief for big global debt. Nike cuts ties with Hockey Canada.
As Canadian wildfires place millions of Americans under air quality advisories again this week, get ready for our southern neighbours to get mad at us all over again.If you ask US Treasury Secretary Janet Yellen, the debt problems facing low-income countries are a problem for the global economy.Nike is calling it quits on a 20-year relationship with Hockey Canada.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 17, 2023 • 9min
Private jets 🛩️ — The new 9-to-5 may be here to stay. Private is the only way to go (if you’re a CEO). Canada and Australia are two peas in a pod.
Somewhere Dolly Parton must be celebrating because the 9-to-5 could be history, new data suggests.Companies may be cutting back on employee perks, but top executives have been a notable exception.Don your Kangol hat, crack open a Foster’s, and prepare to say “g’day mate,” because Australian leaders are coming to Canada.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 14, 2023 • 8min
Strike over 🪧 — Port strike coming to an end. Blame the Hollywood strike on AI. Canadian car costs are soaring.
After nearly two weeks of striking, the union representing BC port workers reached a tentative four-year deal with employers to re-open Canada’s westernmost ports.For the first time in 63 years, Hollywood actors and writers are striking at the same time. It’s an almost unheard-of event driven by the unprecedented advances of AI and streaming.Looking to buy a car? With prices like these, we’d recommend walking.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 13, 2023 • 9min
Bank for sale 🏦 — What’s next after the latest rate hike. Laurentian throws up the “For Sale” sign. Canadian watchdog launches probe into Nike.
Tiff Macklem and the Bank of Canada (BoC) did what everyone expected and raised Canada’s overnight interest rate by 0.25% up to 5%—the highest since 2001.On this season of The Canadian Bank Bachelorette, 177-year-old Laurentian is looking for that perfect deep-pocketed suitor to give it the final rose.Canada has reportedly launched one of the first-ever probes into Nike’s alleged use of forced labour abroad.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 12, 2023 • 10min
Hiking season 🥾 — To hike or not to hike? The atmosphere is getting too crowded. New epoch just dropped.
Another rate decision brings T-Mack back into the hot seat.What do Earth’s lower atmosphere and Canada’s major highways have in common?Humanity could soon enter a new geological epoch, and it all starts in Canada.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Jul 11, 2023 • 9min
Fire money 🔥 — Postmedia and Nordstar call things off. The US shatters Ukraine’s NATO dreams. The economic cost of wildfires piles up
Like an uncertain bride and groom, Canada’s two biggest newspaper publishers got cold feet and have off called their wedding.The economic costs of Canada’s wildfires are starting to pile up.Today marks the start of a two-day NATO summit where leaders will discuss the day’s most pressing issue: ~~Barbie vs. Oppenheimer … I mean~~ … Ukraine’s odds of joining the alliance.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
