The Peak Daily

Fox is expected to rake in ~US$600 million after selling out of its Super Bowl ad slots. The average cost of a 30-second spot was pegged at US$6.5 million, and some ended up going for over $7 million.Canada added 150,000 jobs in January, obliterating analyst expectations which projected a measly gain of only 15,000 jobs.Delivery apps and financial tech are out. For some investors, daycare is in.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Layoffs. They’re not just plaguing Big Tech anymore. Disney plans to lay off 7,000 workers and restructure its organization as it looks to boost profits and cut costs by US$5.5 billion.Tech companies are making their phones and computers a lil’ bit easier to fix, but consumer advocates want lawmakers to push them further.Thousands of travellers probably wished they owned a private jet after a disastrous holiday travel season. If they could afford one, Bombardier would be happy to help them out.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Leafs vs. Habs. Pepsi vs. Coke. Dudes who wear shorts year-round vs. Canadian winters. Then, there’s Google vs. Microsoft. And a new front has opened up in their ongoing war.Canada’s ready to add some more green to its energy mix.While most of the tech industry saw quarterly earnings reports that ranged from “disappointing” to “AHHH!!!”, Uber is looking at its latest numbers with a big, toothy grin.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Justin Trudeau met yesterday with the nation’s premiers, offering them $196.1 billion in healthcare funding to put towards healthcare over the next decade, including $46.2 billion in completely new funding. In exchange, provinces and territories must improve how they collect and share health data and report on how they spend the money they receive.The Bank of Canada (BoC) is trying to open up. But unlike your typical therapy session, it’s the Canadian public with the trust issues.Tired of hearing about wind, solar, and hydrogen energy? You’re in luck. There’s a hot new renewable energy source on the scene that is literally so hot.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Switzerland is going to have a referendum about whether the country should be allowed to go completely cashless.As workers hang on to work-from-home for dear life, employers are turning to tracking software (aka bossware or tattleware) to ensure workers aren’t busy napping or doing laundry.Tripadvisor took down the listing for Le Nouveau Duluth, the platform’s top-ranked Montréal restaurant, after a CBC investigation found that the eatery didn’t exist.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The triple A of Big Tech—Apple, Amazon, and Alphabet—all dropped earnings reports for the final quarter of 2022, each with its own specific points of concern.Arguing on social media: It’s not just for cranky relatives you only see once a year. Major Canadian grocery chains can get in on the fun, too.Magic mushroom shops are springing up across the country, not unlike the spree of black market pot shops that populated urban areas in the runup to legalization in 2018.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Indian billionaire Gautam Adani was the world’s third-richest person just a week ago. He’s now (as of writing) down at 17th place…Grocery bills are set to get even higher as grocers begin to process a backlog of requests from suppliers to increase prices.Tim Hortons has reached a half-baked settlement under some pretty stale privacy laws.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Recent earnings reports give us a glimpse into how old-world social media platforms are adapting to a scary new world where ad revenue continues to fall.Stop me if you’ve heard this before: A central bank chair walks into a conference hall and delivers an interest rate hike…Inflation is coming down, and the reason may lie in what’s happening in housing.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Porter Airlines expands amidst industry challenges. British Columbia decriminalizes drug possession. TD Bank partners with immigration website for advertising. Aviation, drug policy, and banking news in Canada.

Think your Sunday Scaries are bad? Members of Parliament returned to Ottawa after a six-week winter break with enough on their plates to keep yours truly hiding in bed.Now that artificial intelligence (AI) can pass MBA exams and create workout plans, investors just can’t pull out their chequebooks fast enough.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO