The Peak Daily

The federal government approved Rogers’ ~$26 billion takeover of Telus, and slapped down 21 conditions to ensure the deal benefits Canadians.Bombardier Recreational Products (BRP) reported over $3 billion in revenue last quarter, breaking its record set in the previous quarter of $2.7 billion.Minister of Natural Resources Jonathan Wilkinson warned of a brewing “subsidy war” between the US and its allies in the clean energy space.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

We’ve got good news and bad news. Good news: Advances in artificial intelligence (AI) promise to boost productivity and global GDP! Bad news: it could cost you your job.Think bailing out banks seems tricky? China’s been bailing out entire countries, according to a new study.With interest rates and the cost of living way up, at least one important number is going down—the maximum interest rate on loans.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Kind of like us at an all-you-can-eat sushi restaurant, AI is doing too much way too fast.With warmer weather ahead, Google wants to make sure you don’t get too hot this year.From a green energy push to expanded dental care, the feds put forward ambitious but pricy goals in this year’s budget. They also made it clear who would help pay for it all.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Strap on a fancy new pair of shoes and step into The Peak’s 2023 federal budget analysis.Like a used car salesman covered in flop sweat in an ill-fitting suit, Twitter is desperately trying to get you to buy what it’s selling.The metaverse might be the next digital media frontier, but Disney has decided to stay put in its Magic Kingdom for now.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Do you ever scroll Uber Eats, looking for a well-deserved treat, and stumble upon fake-sounding restaurants you’ve never heard of? Well, they are fake… kind of.Officials at the US Federal Reserve and European Central Bank are warning about a potential lending squeeze resulting from turmoil in the banking sector.If you’ve been anxious about your household budget lately, take heart: The federal budget very likely involved some truly stomach-churning decisions.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Hockey history is full of iconic rivalries, and the newest one is currently underway: fans vs. the official provider of NHL merchandise.In case bank executives didn’t have enough to worry about these days (read: near-collapse of Credit Suisse), the Bank of Montréal is also trying to stave off a run against Air Miles.The latest Chinese interference drama has offered us a very valuable lesson: always confirm any hot goss you get before spreading it around.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Folks, it’s time to talk about Canada’s gross domestic profit as it relates to you.It turns out, the next “big space” is literally just more space.Yesterday, Congress had its first opportunity to grill TikTok CEO Shou Chew about the company’s relationship with its Chinese owner, ByteDance, its handling of US user data, and the risks it may pose to teens. And, well, we knew we were in for some spicy questions.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Today, Joe Biden makes his first official visit to Canada since taking office. He’s set to partake in 24 hours of pure, uncut diplomacy, including an address to Parliament.Next time you tune in to The Bear, The Cougar, The Falcon, the Squirrel, The Yeti, or whatever your local radio station is called, don’t be alarmed if the DJ sounds a little bit off.Let’s take a peek behind the curtain and into the exclusive world of private investments.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

With everyone from Mountain Dew to Sunny D now slinging hard seltzers, the leader of this overcrowded market is looking to diversify and capitalize on new trends.Ryan Reynolds isn’t the only producer setting up shop in Canada—camera crews are flocking here in droves.After its “don’t call it a bailout” bailout for Silicon Valley Bank and Signature Bank depositors, the US government is doubling down on its no depositor left behind mindset.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

A coalition of central banks, including Canada, the US, the EU, England, Japan, and Switzerland, came together to keep US dollars circulating through an achy-breaky banking system.Book publishers are trying to shut down the Napster of libraries.Starbucks is welcoming a new CEO two weeks ahead of schedule. Laxman Narasimhan will unseat the coffee chain’s founder and three-time CEO Howard Schultz, who returned to the company last year—earning a $1 salary—to help right the ship and mentor his successor.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO