The Peak Daily

First came “The Great Resignation”. Then there was “quiet quitting” (and the reaction, “quiet firing”). Countless stories about workers checking out from their job over the past year—either literally, or just mentally—painted a bleak picture of the modern workplace, but one that new data suggests bears little relationship to reality.After what felt like thousands of years (but was really just a few months) Elon Musk, finally, officially, and with no-take-backs, owns Twitter... now here comes the fun part.A supercharged US dollar (USD) is beating up weaker global currencies like a schoolyard bully and leaving central banks scrambling to find a solution.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.

In the midst of a healthcare workers shortage, Canada's nurses are heading south of the border.From exercising organs to “hacking” menstrual cycles, there’s a ton of terrible medical advice on the internet… which is why YouTube is moving to certify channels of licensed professionals like doctors, nurses, or therapists who produce health-related content.Household wealth in Canada dropped by ~$900 billion in Q2 of this year according to RBC economists-the largest quarterly drop on record-driven mainly by a tumbling housing market.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 Bank of Canada surprised markets with a smaller-than-expected interest rate hike of 0.5 percentage points yesterday (bringing its policy rate to 3.75%), below the 0.75 percentage point hike most economists had forecast.Deepfakes are growing in popularity with small brands to generate buzzy content featuring celebs without having to shell out endorsement money, per The WSJ.On Monday, NASA’s new team dedicated to researching unidentified aerial phenomena (UAPs, formerly known as UFOs) will begin its sci-fi-sounding work.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.

Remember when Europe faced those “unprecedented risks” to its natural gas supply earlier this month? That was then. Now, the continent is basically swimming in it.Canadian pot grower Canopy (+23.5%) has purchased three pot companies south of the border (Acreage, Wanna, and Jetty’s) to form a brand new American business arm.Tech giants Microsoft and Alphabet are kicking off a week packed with earnings, during which investors are sitting tight for indicators about the state of the broader economy.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.

Saudi Arabia’s [Future Investment Initiative](https://www.bnnbloomberg.ca/wall-street-is-heading-to-saudi-arabia-as-us-oil-spat-simmers-1.1836247#:~:text=An escalating dispute over an,the US and Saudi Arabia.) (FII) kicks off today, with the who’s who of international finance meeting in Riyadh to talk shop, despite the icy chill hanging over Western relations.As Canada Blood Services (CBS) deals with decade-low donation levels, the nation’s blood supply administrator hopes paying people to get jabbed will get more veins through the door.About half of Ontario students are not meeting the provincial math standards of a B grade, according to the province’s Education Quality and Accountability Office (EQAO).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.

If Snap’s earnings are any indication of how social media companies are faring right now, the answer is: Not well, not well at all.The G7 price cap on Russian oil imports set to start December 5 has been touted as the biggest step yet in defunding the Russian war machine. But experts aren’t so sure.The battle between blue and green bubbles is about to get a whole lot uglier as cars evolve into drivable devices.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.

After six weeks in office (the shortest tenure for a British prime minister), Truss was forced to resign in the wake of economic turmoil caused by her disastrous “mini-budget”.In today’s normal, nothing-to-see-here news: VIA Rail is adding ‘buffer cars’ to its oldest passenger trains to absorb impact in the event of a crash.Tomorrow’s draw for the 2023 Women’s World Cup will decide the tourney’s first-round matches, but what remains undecided is who’s going to broadcast them.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.

After a rocky year of subscriber losses and investor doubt, Netflix is back with ambitions bigger than a season premiere of Stranger Things.The annual inflation rate slowed to 6.9%, down from 7% last month, mostly thanks to falling gas prices, but is still above what most experts expected. The core inflation rate (which excludes energy and food prices) actually rose to 5.4% from 5.3%.In the global race for top talent, governments are bending over backwards to attract the world’s most-desirable ex-pats with fancy new super visas and generous tax incentives.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.

Friendshoring is on the rise as Western countries start shifting trade to friendly partners to cut dependence on totalitarian regimes, most notably China and Russia.Goldman Sachs, one of the world’s most important financial institutions, is restructuring its business to streamline work and improve its digital offerings.Meta is selling Giphy after UK regulators ruled that its ownership of the popular GIF platform restricts consumer choice and hurts competition both in the ad and social media markets.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’s biggest grocer announced it is freezing prices on all of its No Name products (over 1,500 items) until the end of January 2023, per The Globe and Mail.When the NHL kicked off its season last week, fans were quick to notice the addition of digitally enhanced dasherboards (DEDs) on rink boards, with some taking to social media to air their grievances around the “hard-to-watch” animations.There’s a new app you need to know about so you don’t feel hopelessly out of touch next time you’re around teens: It’s called Gas, and it’s rocketing up the download charts despite only being available in a few US states right now, per The Wall Street Journal.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.