The Peak Daily

The Peak / Curiouscast
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Mar 28, 2023 • 9min

New budget 💸— Uber Eats cracks down on virtual kitchens. Central bankers are warning of a credit crunch. And there’s a new federal budget.

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
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Mar 27, 2023 • 8min

Hockey sweater 🏒— New hockey apparel provider. Air Miles is bought. And questions over Chinese interference.

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
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Mar 24, 2023 • 8min

TikTok Trial 📱 — Canada’s GDP per capita goes down. Self-storage is taking off in Canada. And TikTok is on trial in front of Congress.

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
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Mar 23, 2023 • 9min

Biden in Canada 🇺🇸 — Biden is in Ottawa. AI DJs are taking over radio. And private investments are going public.

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
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Mar 22, 2023 • 8min

White Claw Vodka 🍸 — White Claw is going into vodka. Hollywood North is back. And more bailouts on the way.

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
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Mar 21, 2023 • 10min

Book Napster 📕 — Banking system is at risk. Closing the Napster of libraries. And the new Starbucks CEO.

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
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Mar 20, 2023 • 8min

LNG L ⛽️ — Tax authorities using AI. Slow LNG exports from Canada. And Couche-Tard takes Europe.

Welcome to the future, where staying out of trouble depends on how well you can impress the government’s artificial intelligence (AI) tools.It’s been a minute since we’ve discussed Canada’s ambitions to become a leader in liquefied natural gas (LNG) exports. How are things going? Honestly, not great.Though we're still upset about Couche-Tard killing off Mac's Milk, we admit its recent big money moves are impressive.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 17, 2023 • 10min

Big beer 🍺 — Fighting a new beer tax hike. Microsoft launches new AI tools. And “Alberta is Calling” moves east.

It’s not a Happy St. Patty’s for everyone. On the year’s premier drinking day, Big Beer is ramping up a fight with the federal government over a looming tax hike on the sudsy stuff.After Google unveiled some sweet AI Workspace features, Microsoft reasserted its pole position in the AI arms race with a product it claims will “transform work as we know it.”Wide open spaces. Majestic mountains. Cheap housing. Alberta is marketing itself as the new land of opportunity to east coasters.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 16, 2023 • 10min

Swiss banking 🇨🇭 — Credit Suisse is in trouble. Airline fines are piling up. And fake moon photos.

Despite bank stocks enjoying a slight but promising rebound on Tuesday, news of a potential funding crunch faced by Credit Suisse quickly put the good news times to an end.Canada’s air travel regulator has been handing out fines left and right, at 10,000 feet and on the ground, amid a surge in customer complaints.In the biggest moon-related conspiracy since “NASA faked the moon landing,” one Reddit user claims that Samsung is faking its moon photos.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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Mar 15, 2023 • 9min

Tap water chemicals 💦 — No more toxins in tap water. Canada is watching SVB closely. And long COVID is a huge problem.

Good news for all you tapwater fans, the US and Canada are moving towards making drinking water free of toxic chemicals.Canada’s banking regulator wants to be kept in the loop as Silicon Valley’s financial crisis ripples out.Canada’s chief science advisor released a report on long COVID, claiming the illness could be a “mass-disabling event” with the potential to ravage healthcare and the labour market.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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