The Peak Daily

Starting today, you might see a new surcharge on your receipt when you tap your plastic. Businesses in Canada are now allowed to pass credit card processing fees onto customers.OPEC+, the Middle Eastern energy cartel that accounts for 40% of the world’s oil supply, agreed to cut its collective output by 2 million barrels a day or roughly 2% of global output.Wannabe McKinsey consultants and Bay Street executives are starting to realize that in today’s red-hot labour market, an MBA might be nothing more than a nice-to-have.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Phil Collins and Genesis no longer have publishing rights to their recordings. But they aren’t throwing it all away. They’re the most recent musicians to receive a hefty sum for them.HSBC has launched a review into its Canadian business that could end in a US$9B sale, as the bank faces pressure to ditch less profitable markets to focus on Asia and Europe.After all the bot disputes. The whistleblowing. The texts to Joe Rogan. The poop emoji. After all that drama… Elon Musk might actually end up buying Twitter. For realsies this time.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Francois Legault will stay in power as Quebec’s premier as his centre-right nationalist CAQ party secured a majority government in a cakewalk.Credit Suisse saw a gauge of its credit risk rise to a record high while its stock hit record lows, raising doubts about its financial stability.From Nike, to Walmart, to Canadian Tire, retailers and brands have more merch than they know what to do with as inventories bulge while consumers cut down on their spending.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada Post has expanded its MyMoney loan program in partnership with TD Bank to locations across Canada, offering loans between $1000 and $30,000, with approval in as little as 10 minutes.Text messages made public as part of Elon Musk’s court fight with Twitter (along with being highly entertaining) shed insight into his early motivations for buying the business and show how Silicon Valley heavyweights rallied to his cause.Meta—the parent company of Facebook, Instagram, and WhatsApp—plans to reduce its headcount and cut budgets across most teams.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Google announced at its Search On conference that it’s testing updates to Search and Maps that will push its flagship tools in a “visual-forward” direction.An ownership group including NBA superstar LeBron James bought a professional pickleball team that will join Major League Pickleball (MLP) for its upcoming season.Russia will annex four regions in Ukraine today after tightly controlled “referendums” that Kremlin officials claim resulted in 99% of locals voting to join RussiaCelebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Employers have come up with a novel idea to retain and sustain their workforce during these trying times. You may have heard of it. It’s called ‘paying people more.’IT giant Cloudflare introduced a new breed of CAPTCHA test called Turnstile that promises to reduce the average test time from 32 seconds to one second.A new drug slowed the rate of cognitive decline in Alzheimer’s patients in large-scale clinical trials, according to its developers Biogen and Eisai.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Vancouver-based International Battery Metals claims to have developed a first-of-its-kind mobile lithium mining plant that can extract and process lithium with minimal environmental impact.There’s buyer’s remorse over that late-night Amazon purchase, and then there’s real buyer’s remorse (to the tune of $1 trillion)—the latter is what China is experiencing right now as it tries to salvage its troubled Belt and Road infrastructure initiative.Sweden reported two leaks in the Nord Stream 1 pipeline close to the Danish island of Bornholm, mere hours after Denmark reported a separate leak in the Nord Stream 2 pipeline in the same area.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

The International Telecommunications Union (ITU), the UN body responsible for setting global communications standards, will elect its new leader this week—a decision that could shape the future of the internet.The British economy is experiencing some serious turbulence—or an omnishambles, they might say across the pond—as investors give a big thumbs down to the UK government’s new fiscal plan.Sales of plant-based meats have declined over the past year while negative perceptions of the product have increased, per a new Deloite report.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Russia’s decision to mobilize military reserves for the first time since WWII has triggered a crisis, as protests erupt and men flee to neighbouring countries.Block is rolling out out BNPL options on its point-of-sale platform, Square.Canada has joined a new US-led alliance aimed at strengthening ties with Indo-Pacific nations—which include Australia, New Zealand, and dozens of Asian countries bordering the Pacific Ocean, although notably not China or Taiwan.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada Jetlines flew its inaugural flight yesterday carrying passengers from Toronto Pearson to Calgary International Airport.The unexpected casualty of Quebec’s new language laws: OtterBoxes.For our last story, Forget maple syrup and Tim’s franchises, the two Canadian exports everyone is clamouring for are critical minerals and natural gas. South Korea is the latest country to express interest.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOJoin us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.