

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

Apr 25, 2023 • 9min
Mexican-Canadian pizza 🇲🇽 — Pizza Pizza goes to Mexico. The federal strike is causing headaches. And the Port of Vancouver expands.
Pizza Pizza opened its first international location in Guadalajara, Mexico, as Canada’s largest pizza chain looks to expand its horizons beyond its provincial borders.If you’re looking to renew your passport, apply for Canadian citizenship, or send a 40-foot shipping container’s worth of stuff anywhere, this might not be your week.The Port of Vancouver is planning a serious update to its operations, but updating a port isn’t as easy as updating your phone’s operating system or your LinkedIn headshot.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 24, 2023 • 9min
Bed Bath and Gone 🛀 — Bed Bath and Beyond is officially dead. Don’t pick up if Apple calls. And fashion houses are under scrutiny.
Bed Bath & Beyond, the home goods retailer known for sky-high merch displays and really bright lighting, has finally thrown in the towel and filed for bankruptcy.Apple is expanding its push into the realm of mental health products with a new pre-downloaded app (codenamed Jurassic) that will utilize iPhone usage data to make suggestions for what to jot downIf we learned anything from House of Gucci, it’s that the fashion biz isn’t always pretty.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 21, 2023 • 8min
/NATO bill 💵 — Canada isn’t following through on NATO commitments. Federal worker strike could have a big impact. And Buzzfeed pulls the plug on news.
Every friend group has that one buddy that’s happy to have all the fun but let someone else foot the bill. In NATO, Canada might be that guy.As Public Service Alliance of Canada (PSAC) workers hit the picket line, their fight for higher wages could disrupt more than just your spring travel plans.After over ten years in operation, BuzzFeed has pulled the plug on its news division.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 20, 2023 • 10min
Private Moon 🌝—New Snap features. Private companies going to Moon. Big strike among public sector employees.
This year for Snap: Flying selfie drones are out, and everything augmented is still very in.Top travel destinations for 2023: Venice, Maui, Seoul, and… the Moon?In what’ll be the single-most newsworthy strike since Shohei Ohtani’s final pitch at the World Baseball Classic, Canada’s federal workers are hitting the picket line.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 19, 2023 • 10min
CEO Switch 👨💼— Loblaws has a new CEO. AI musicians are putting out tracks. And Canadian companies IPO-ing elsewhere.
President’s Choice spokesman and Loblaw President Galen Weston will step back from the day-to-day operations of Canada’s biggest grocer after two years at the helm.In the last few days, a new song featuring Drake and the Weeknd racked up over 600,000 Spotify streams and 15 million views on TikTok. The only problem? The artists didn’t make it.There are many reasons to be proud to be Canadian, but some Canuck companies are feeling a lot less patriotic when it comes to going public these days.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 18, 2023 • 9min
New Samsung Search 📱— Samsung is thinking about swapping Bing for Google. Hockey Canada gets its funding back. And remote workers get a tough report.
It’s not often that Google's parent company Alphabet takes an L, but yesterday, shares dropped after news of a potential disaster on the AI chatbot front broke.After ten months of withholding funding, the feds are hoping the black sheep of Canadian sports has turned a new leaf.Fair warning to all the hard-working remote workers (we include ourselves in that mix), this new set of remote work data might hurt a bit.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 17, 2023 • 9min
Carplay Collision 🚗 — GM is moving on from Carplay. Vertical farming taking off in BC. And gifts for customer service reps.
Your car dashboard is shaping up to be the next front in the fight to own the screens we look at all day.When you think of a warehouse, you probably think of rusted shipping containers or movie fights scenes, not a bountiful harvest. Vertical farming may change that perception.Companies are using the “Santa Claus” method to win over customer service reps, i.e. showering them with practical gifts.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 14, 2023 • 9min
Billion dollar weather business 🌡️— Teck and Glencore tussle. Foxconn could come to Canada. And a new weather business hits the market.
Like a pitcher waving off his catcher’s pitch…Canada’s largest diversified miner is repeatedly fending off the advances of an unwanted suitor.The federal government wants a shiny new battery supply chain for electric vehicles (EVs). Capitalizing on Foxconn’s move away from China might be one way to nab it.“How’s the weather out there today?” might be a simple question to ask, but coming up with an answer is a multi-billion dollar industry.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 13, 2023 • 10min
Day trading tax 📈 — Interest rates stay flat. Canadian tax courts cracking down on TFSA. And canola oil is getting big into fuels.
Tiff Macklem is nothing if not a man of his word. Despite mounting pressures, the Bank of Canada (BoC) kept its promise and continued to hold steady on interest rates.Canadian tax courts are cracking down on TFSA day trading, taking aim at investors that are doing so well that their trades could be classified as a business activity… well, kind of. Big Canola is betting that canola oil will be used to deep fry potatoes and power vehicles.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 12, 2023 • 9min
Review hijack 🛍️ — Interest rates are looking down. Big fine for review hijacking. And return to office incentives.
High interest rates are hurting wallets, but there may be an end in sight.Supplement-maker The Bountiful Company will pay a US$600,000 fine to the US Federal Trade Commission (FTC) in a first-of-its-kind ruling against “review hijacking” on Amazon.Companies across the country are trotting out all sorts of new incentives to entice workers to trade in their sweatpants and mid-day naps for office life, per The Globe and Mail.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO


