

The Peak Daily
The Peak / Curiouscast
Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.
Episodes
Mentioned books

Jun 28, 2022 • 11min
Long haul 🚛 — The G7 is setting new prices on Russian oil. Canadian berries are at risk. Amazon can now mimic real voices, even dead ones.
On Sunday, G7 nations said they were standing with Ukraine for “as long as it takes” in their fight against Russia. On Monday, they translated those words into action with a plan to cap the price of Russian oil, depriving Vladimir Putin of a key revenue source.
We’ve all heard calls to save the bees and now we might be hearing calls to save the berries too as declining bee populations mean Canadian fruit crops aren’t getting the pollination they need.
The Amazon smart speaker will eventually be able to mimic real people’s voices, including those who are dead
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 27, 2022 • 10min
Ad supported streaming 📺 — Netflix is adding an advertising-supported account tier. Some CEOs are moving away from remote work. And there’s a new Gamestop-style meme stock.
The rumour about Netflix’s next big move is true and, no, it’s not the one you heard about them bringing back your fave cancelled show (#GLOWSeason4Now): Ads are officially coming to the platform.
Hybrid work may seem like a nice compromise between employers who want workers in seats and employees who’d rather not spend hours commuting every week but CEOs are starting to disagree.
Mover over GameStop, there’s a new meme stock on the block: Revlon, the once-iconic cosmetics brand, has seen its share price soar more than 600% from all-time lows last week. Oh, and did we mention the company is in bankruptcy?
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 24, 2022 • 10min
Robot revolution 🤖 — Amazon’s moving to Robots. Canadian travellers might get refunds. And the CMHC thinks we need to build way more houses.
Amazon has introduced its first fully-autonomous mobile robot designed to safely and easily lift and move large carts around its warehouses, part of a larger effort to automate its sprawling fulfillment centres.
Canadian airlines will soon need to offer customers a refund for cancelled or delayed flights, even if the reason for the disruption is beyond the airline's control thanks to changes to Canada’s Air Passenger Protection Regulations.
Grab a hammer and nails, we’ve got work to do: according to a new report from the Canada Mortgage and Housing Corp (CMHC), Canada needs to build 5.8 million homes by 2030 to make housing affordable again.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 23, 2022 • 11min
Party like it’s 1983 👾 — Loblaws wants to get your groceries delivered faster. Shopify is rolling outa bunch of new products. And inflation is at another all time high.
Loblaws has partnered with DoorDash to launch a new rapid grocery delivery service that promises to get customers their fave foodstuffs in 30 minutes or less, available in 12 Canadian cities by the end of August.
Shopify is rolling out over 100 new products and features as the company looks to get a leg-up on its biggest threat, a scrappy young upstart called Amazon.
Inflation jumped to 7.7% last month, up from 6.8% in April and significantly overshooting analyst predictions.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 22, 2022 • 11min
Oracle 🔮 — TikTok is monitoring data from China. Canada’s healthcare system is on the brink. And Cinplex is adding a booking fee.
TikTok announced that Oracle’s cloud servers will be the new home of US users’ data, but a new report from Buzzfeed detailing how state-side user data was repeatedly accessed from China.
Canada’s healthcare system is teetering on the brink of crisis and governments must act swiftly to avoid a full-blown meltdown, according to a growing chorus of top doctors and medical leaders.
Canadian moviegoers checking out the latest blockbuster at Cineplex locations might have another expenditure to contend with besides overpriced concessions as the country’s largest theatre chain introduced a $1.50 booking fee for tickets purchased online.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 21, 2022 • 10min
Banned straws 🧃 — Single use plastics will be banned. Camp councillors are in short supply. Europe is burning more coal.
Get your metal straws and tote bags ready, because the age of single-use plastic items is coming to an end in Canada as the federal government rolls out its long-anticipated plan to ban disposable plastic items like bags, cutlery, and containers.
Canadian summer camps are struggling to find enough camp counsellors to meet the end-of-school-year rush.
Running low on natural gas imported from Russia, European countries are turning to coal in a bid to lower energy prices and avoid shortages.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 20, 2022 • 9min
Goal ⚽️ — New federal legislation is cracking down on companies who track you. Canada’s rental prices are surging. And Toronto and Vancouver are hosting the 2026 World Cup.
JOIN US AT OUR PEAK DEBATE ON JUNE 27th IN TORONTO: https://readthepeak.com/debates/billionaires-media-democracy
While we’re still reeling from Tim Hortons’ app scandal, unsure if we can ever trust a mobile fast food ordering platform again, the federal government has introduced new laws to crack down on the sort of privacy invasions and data mishandling that landed Tims in hot water.
Canada’s rental housing market is at it again, and by “it” we mean getting much more expensive, and fast— since last year average rents nationwide have spiked by more than 10% to $1,888 per month
FIFA announced that Toronto and Vancouver have been chosen as host cities for the 2026 World Cup in North America, a privilege that could give local economies a big boost.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 17, 2022 • 11min
Snow washing ❄️ — Criminals are cleaning lots of dirty money in BC. New Canadian streaming legislation is going to be held up in the Senate. And Twitter employees heard from Elon.
A new government report on money laundering in BC revealed that billions of dollars of criminal funds have flowed through casinos, real estate and luxury goods every year
As the government attempts to very quickly pass laws that force digital streamers to follow Canadian content rules, the Senate has made it clear they’re going to take their sweet time reviewing them.
Twitter employees got their first taste of what life might be like once Elon Musk is in charge, as the platform’s prospective new owner joined a staff all-hands meeting yesterday.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 16, 2022 • 9min
Streaming soccer ⚽️ — It’s looking like a 75 basis point rate hike in Canada. MLS is coming to Apple TV+. And unions are negotiating higher wages.
Following a 0.75 percentage point interest rate rise from the US Federal Reserve yesterday (its largest since 1994), Bay street is now putting the probability of an identical hike coming out of the Bank of Canada’s July decision at 80%
Streaming platform Apple TV+ reaches a ten-year, US$2.5 billion deal with Major League Soccer (MLS) to become the exclusive home of all matches.
Unions are leveraging Canada’s record-low unemployment numbers and unprecedented job vacancies to negotiate higher wages (while they can).
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Jun 15, 2022 • 11min
Get cybersecure 🔒 — What’s up with gas prices. There’s new cybersecurity legislation. And the COVID app is gone!
We break down why gas prices across the country have hit record highs.
With over four in five businesses impacted by cyberattacks staying quiet last year, the federal government has introduced a new security bill complete with a new set of reporting requirements for the telecoms, finance, energy, and transport sectors.
Canada is shutting down the national COVID contact tracing app we love to hate after changes to PCR testing regulations rendered it largely useless.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.