

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 9, 2023 • 8min
We sold The Peak 📈 — The Peak sells to Moses Znaimer’s ZoomerMedia. Uber wants you to share. Meet the Chinese e-commerce app dominating the App Store charts.
The Peak has agreed to sell to ZoomerMedia for an aggregate purchase price of $5 million, the companies announced yesterday. Few experiences are more nightmarish than booking a rental car. Long lines, endless paperwork, and ending up in a 2004 PT Cruiser despite asking for a 2018 Honda Civic. A Chinese e-commerce app that promises to let you “shop like a billionaire” has rocketed up to #3 on Canada’s App Store charts.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 8, 2023 • 9min
Car theft crisis 🚗 — Car thefts in Canada are a “national crisis”. How much AI is too much AI? Meta’s biggest attack yet on Canada’s online news act.
Missy Elliott once asked, “Beep beep, who got the keys to the Jeep?” These days, the answer to that question is too often, “sophisticated international crime syndicates.”While it’s pretty amazing we’ve got to the point where artificial intelligence can think critically and come up with solutions out of thin air, it can also be a pain in the behind.There are few guarantees in life: Death, taxes, and your relatives angrily sharing news articles on Facebook. And even that last one might soon disappear.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 7, 2023 • 9min
Golf merger ⛳️ — The SEC comes for crypto’s biggest names. The PGA and LIV Golf link up. Office vacancies are trending up.
Like the Blue Jays in 92/93, the US Securities and Exchange Commission (SEC) has gone back-to-back. Back-to-back with crypto lawsuits, that is.The Canadian Open kicks off tomorrow at the scenic Oakdale Country Club in Toronto. However, the competition is taking a backseat to some much bigger golf news.Looking for office space? Well, you’re in luck. There’s a lot of it on the market right now.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 6, 2023 • 9min
Vision Pro 🥽 — Apple meets the AR moment. The UN’s plastic problem. I’m an AI, and I endorse this message.
Apple unveiled its long-awaited augmented reality (AR) headset at its Worldwide Developer’s Conference yesterday—the Vision Pro—a sleek pair of goggles with a battery pack that looks like something a cyberpunk hacker would wear while hitting the slopes.Last year, the UN agreed on an ambitious goal to devise a treaty by 2024 aimed at ending plastic pollution. But like any group project, there are some major differences of opinion.Separating fact from fiction in an election campaign is difficult enough already. Now throw artificial intelligence into the mix, and it’s about to get a lot tougher.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 5, 2023 • 9min
Wildfire tech 🔥 — Big city landlords have a cash flow problem. Tech takes on wildfires. Charging station shortage poses EV roadblock.
Rents in Canada’s big cities are through the roof, and somehow many landlords are still losing money on their rental properties. It’s just another day in our wild, wild housing market.Wildfires have turned into a fact of life for millions of Canadians, and a growing cohort of entrepreneurs and investors are developing technology to limit the damage they cause.Around the world, the push is on to get people to drive electric vehicles, but one big hurdle persists even in the most EV-friendly places: There just aren’t enough charging stations.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 2, 2023 • 9min
Greek sun ☀️— Greeks and Albertans team up on solar power. Canadian travellers enjoy their last hurrah. Nova Scotia faces record fires.
New to the list of things Greece is famous for—after (of course) philosophy, souvlaki, and beaches—is solar power. In a new energy deal, Alberta hopes to learn a thing or two.Canadians are booking their summer getaways in record numbers, but the good times may be coming to an end.An out-of-control wildfire in southwest Nova Scotia is now the largest in the province’s history, and still burning out of control.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

Jun 1, 2023 • 9min
Class action suit 👨⚖️ — Stellantis subsidies could surpass VW’s. Retailers want to replace tags with QR codes. Shopify faces class action suit over severance pay.
Stellantis looked at the subsidies Volkswagen was offered for its Ontario electric vehicle (EV) battery plant—the total could end up hitting $13 billion—and said, “Hold my beer.”Someone has figured out a use for QR codes that isn’t totally frustrating (looking at you, restaurants with digital-only menus).Shopify employees were once known for their loyalty and reverence for the company, but that was before people started getting fired.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

May 31, 2023 • 9min
Car thief 🚗 — Your Kia is (kind of) safe in Canada. Canada’s ketamine supplies are running low. A small province tackles big problems.
A year after the “Kia challenge”—the “challenge” is to steal a Kia—emerged on TikTok, software fixes haven’t stopped thieves from continuing to make off with stolen cars.You may know ketamine by its use as an animal sedative or status as a Schedule 1 drug, but the demand for it as a treatment for anxiety and depression is also booming.Canada’s smallest province is getting bigger. Prince Edward Island (PEI) will be home to 200,000 people by 2030, according to projections released by its provincial government..Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

May 30, 2023 • 9min
Busy parks 🏞️ — Canada’s national parks are selling out fast. A tale of two job markets complicates labour shortage story. And Quebéc gets stricter on immigration.
Ahhh, spring. If you ask us, there’s no better time to take advantage of the great Canadian outdoors… that is, if you can snag a reservation.We’ve all heard plenty about Canada’s labour shortage by now, but a new StatsCan report shows that understanding the state of the job market is way more complicated than counting the number of “help wanted” signs.*If you don’t know your j’ai fini from your [je suis finis](https://www.bbc.co.uk/languages/yoursay/lost_for_words/french/deadly_food.shtml#:~:text=Je suis finis.,simply%3A J'ai fini.),* you might have a hard time migrating to Québec in the coming years.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-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/TPDTS

May 29, 2023 • 15min
Hard to sell 🌿 — Don’t believe everything you see. Weed is too hard to sell. And Albertans go to the polls.
It’s time to update the old warning, “Don’t believe everything you read,” to “Don’t believe everything you see.”Here’s an only-in-Canada story for you: Government officials are worried that it’s too difficult to sell people weed right now.Voters in Alberta will decide on their next premier today in a close election that’s being watched around the country.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO-Loblaw purchase announcement:https://www.loblaw.ca/en/In-a-canadian-first-loblaw-to-purchase-electricity-in-alberta-that-is-generated-by-wind-sun-and-water-helping-to-cut-its-nationwide-operating-carbon-emissions-by-17-per-cent/Loblaw ESG report:https://www.loblaw.ca/en/responsibility/-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/TPDTS


