The Peak Daily

The company that once tweeted “love is sharing a password” is now rolling out plans to target over 100 million people who watch the service using borrowed passwords.With most of the country affected by an extreme cold or winter storm alert—or both—the biggest travel weekend of the year is sure to be an eventful one.The federal government unveiled the details of a two-year ban on foreign home buyers set to kick in on January 1st (and as last-minute Christmas shoppers, we really get leaving the announcement to the very last minute).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.

Many of us may be powering down for some holiday R&R, but inflation is still hard at work, making our lives even more expensive.If you thought seeing stock markets freefall for the last year would have scared off investors, let us introduce you to the incoming wave of do-it-yourself Canadian traders.$2.4 million worth of bitcoins were mysteriously transferred from virtual wallets linked to QuadrigaCX, the bankrupt Canadian crypto exchange that was revealed to be a Ponzi scheme.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.

3M will stop making and using “forever chemicals” by the end of 2025, amid growing concern from governments and the public that the substances can cause serious health problems.This month, parents across the country have been attending various year-end recitals, but the privilege of seeing their little ones scamper in the spotlight is pricier than ever.A nationwide ban on the production and import of some single-use plastic items, including grocery bags, cutlery, straws (remember those?), and takeout containers is now in effect.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.

Elon Musk asked Twitter users via poll—his preferred decision-making method as of late—if he should step down as the head of Twitter. Of over 17.5 million responses, 57.5% said yes.Epic Games, maker of the popular video game Fortnite, has agreed to pay US$520 million to resolve two US Federal Trade Commission (FTC) complaints.It seems like most carmakers are aboard the electric vehicle (EV) bandwagon these days…But not according to Toyota President, Akio Toyoda.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.

Shopify has had a stunningly bad year, but then again, so have most tech giants.Wouldn’t you love to fly across the world knowing you weren’t also contributing to the perils of climate change? Well, soon that dream could become a reality.As Elon Musk’s Twitter faces increasing backlash, the billionaire has shown he’s not afraid to rule the platform with an iron fist.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.

Danish beer titan Carlsberg is buying Canadian brewery Waterloo Brewing for a cool, crisp, and hoppy $144 million in the largest deal ever for a Canadian brewery.The US Justice Department and Securities Exchange Commission (SEC) charged eight finance influencers with defrauding investors of US$114 million through “pump and dump” schemes, in which they encouraged followers to sink money into penny stocks to artificially inflate their prices and then sold their shares of to earn a tidy (and illicit) profit.The Center for Countering Digital Hate set up new TikTok accounts with an age setting of 13 and monitored the first 30 minutes of content delivered on the platform’s algorithmically personalized “For You” page.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.

Like many of us, the world’s central banks are ready for a re-brand in 2023: Out with the inflation-fighting fun-sucking and in with a cooler and more laid-back approach to rate hikes.Google heard all the clamour about ChatGPT (OpenAI’s AI chatbot that’s been heralded as a huge leap forward in the field) and how it could one day take on Google Search.In response, the company is telling everyone to take a serious chill pill.China is rolling back their COVID Zero policy.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.

Today is the final day of the hearing that will decide the fate of the Rogers-Shaw merger, a deal that has wide-ranging implications for competition in Canada’s telecoms industry.Please, stop us if you’ve heard this one before, but Elon Musk’s Twitter just made a big change involving safety and moderation leaving a whole bunch of people on bad terms.Feeling gloomy about the state of Canada’s economy these days? You aren’t alone. New polling by Crestview Strategy shared exclusively with The Peak shows that a large majority of Canadians think our economy is getting worse.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.

Could the sport that finally breaks the ranks of the Big Four North American Leagues really be one that’s named after a briny, preserved vegetable?If you thought things couldn’t get worse for the crypto world, this week may force you to think again.Seven interest rate hikes later, personal finances have seen better days.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.

Québec became a destination for crypto mining, a practice often criticized for its high energy use, by boasting some of North America’s cheapest energy prices. But now, Hydro-Québec has asked the province for permission to reallocate energy to other projects, per *The Wall Street Journal.*According to Deloitte Canada, the average household will spend $1,520 this year on the holidays, 17% less than in 2021, as Canadians brace for economic headwinds.Important news for skiiers and snowboarders: If you’re planning to shred some pow’ over the holidays, chances are you’ll have a lot of company.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.