The Peak Daily

Whether you like them scrambled, poached, or raw like Rocky Balboa, one yolky grocery staple is about to get cheaper. Though not as cheap as they could be.BMO is linking up with financier Georgian to bring down the wall between investors and privately held technology companies.Almost 30% of Canadians say their New Year’s resolution is to get in better shape. Some gyms are advocating for one trick that could help: Electrocution.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The world’s climate goals are banking on the success of carbon capture technology. One start-up has potentially kick-started the industry after a major breakthrough.Like all good friends, Canada, the US, and Mexico sometimes get into squabbles. Luckily, they have a panel of unbiased trade experts on-hand to help resolve them.The Chinese government has been trying to take some of the air out of an inflated real estate market, but it’s not going to be a soft landing.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Data from past recessions shows us that blue-collar workers usually bear the brunt of the impact. This time around, the trend is on track to flip into reverse.In the market for a sublet? How about a seven-floor, 348,100-square-foot office space that was supposed to be inhabited by a Canadian tech giant?Many people have a dream of owning a small business. However, it might make more sense just to take over an existing business, as there will soon be plenty of them hitting the market.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

In recent years, Canadian companies have been pouring money into Mexico.If you’re looking to save some money on groceries (and who isn’t), some startups are hoping you’ll drop coupon clipping in favour of scouring apps to score bags of half-off produce.The days of tweeting #BellLetsTalk (and giving yourself a little pat on the back for it) have come to an end as the telecom giant revamps its famous mental health campaign.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

If paying upwards of $670 to eat reindeer brain custard at the world’s best restaurant is on your bucket list, you have until 2024 to secure a reservation (so start calling in favours).In what’s basically a rite of passage for any sector of the economy looking to be taken seriously, Stats Canada is now officially tracking the hard data around gig work.After watching the new Top Gun, we’ve realized that fighter jets are super cool. We also suspect the timing of the government’s first jet order in three decades is no coincidence.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Canadians have long headed to the US to shop, but the trend is reversing as Americans flock north to get their hands on a diabetes drug that’s gone viral for its weight loss effects.Like a beefy bro at the gym, Canada’s seeing some serious gains. Job gains from last month, that is.As attention shifts away from the absolutely ancient fad of crypto, AI startups are now taking centre stage.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Home sales in Toronto and Vancouver, the country’s largest housing markets, fell by ~50% last month compared to the year before, while average selling prices fell by 9% to ~$1,050,000 and 3% to $1,114,000, respectively, in the same time frame.As Canada ramps up efforts to meet its lofty decarbonization goals, the country’s oil sands are scrambling to keep up.CES, the world’s biggest tech trade show, kicked off yesterday in sunny and sinful Las Vegas with tech companies big and small ready to show off new gizmos, gadgets, and gimmicks.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

What comes after a surge in employee turnover? A surge of untrained employees.Things have been stormy in the eurozone the past few months, but the clouds are starting to break as peak inflation is now behind Europe thanks to sliding natural gas prices.On New Year’s Day, Ukraine carried out a hugely successful strike on a Russian military site. Russia claims Ukraine pulled it off by locating soldiers who were using cell phones—a sign of Ukraine’s ongoing technological prowess in the warzone.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Some Western countries are looking to play Robin Hood by taking Russia’s money and giving it to Ukraine, but it’s not as simple as swooping in with a crossbow and green tights.Changes by Apple to limit how companies track iPhone users has created an opportunity for Shopify to turn its advertising business into a growth engine this year, president Harley Finkelstein told the Financial Times.Activity in Canada’s manufacturing sector is seeing its longest slowdown in seven years thanks to a drop in output, new orders, and purchasing activity, per Reuters.Former FTX CEO and ex-“Next Warren Buffet” Sam Bankman-Friend (aka SBF) went to court yesterday to maintain his innocence in the face of charges that could land him up to 115 years in the big house.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

If you’ve been avoiding the news for the past ten days, don’t stress—that’s what the holidays are for. We’re here to get you caught up on the big stories you might have missed while spending your time on more festive matters.Changes by Apple to limit how companies track iPhone users has created an opportunity for Shopify to turn its advertising business into a growth engine this year, president Harley Finkelstein told the Financial Times.We thought we would end off our special first episode of the year with some predictions from The Peak team.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.