The Peak Daily

You think it would make sense for the largest producer of plant-based protein (Canada) and the country with the most vegetarians (India) to be two peas in a pod when it comes to trade. Yet, a comprehensive trade agreement between the two nations has never been signed. That could change as Canada and India have announced that they are resuming talks to reach a new trade agreement. A federal government program aimed at helping businesses go digital is under fire from critics who claim it amounts to a giveaway for US tech giants. This week, Canada’s defence chief said that protecting the country’s north is a key priority tied to economic and security interests, as Moscow moves to reoccupy Cold War military bases in nearby Arctic regions. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Russian prosecutors threatened several major companies with arrests and asset seizures in response to Western sanctions. Signs of a COVID outbreak across number of cities in China have sent tens of millions of people into lockdown and caused a major Apple supplier to halt operations in the southmost city of Shenzhen, which analysts believe may worsen inflation. As gas prices reach unprecedented heights, so has the demand for electric cars in Canada, a recent survey found that 62% of dealerships’ EV wait times exceed 3 months. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada’s economy added 337,000 new jobs in February—blowing past analyst expectations and driving the unemployment rate down to its pre-COVID 19 levels for the first time. Canada’s legalization of single-game sports betting back in August has opened the door for the NHL to sign its first-ever sports betting partner in Canada: sportsbook ProLine+. Hermeus raises $100 million in search of the future of aviation. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Amazon is following the recent lead of Tesla and Google by executing a 20-to-1 stock split. What’s happening to nickel prices right now is so outrageous that experts are comparing it to the “meme stocks” craze back in early 2021. The British Government has stepped up with UK banks shutting out Russian oligarchs, including seizing Chelsea from owner Roman Abramovich and limiting the team’s revenue streams. 

How do you regulate something that was designed to be unregulated? The US government intends to find out as President Biden signs an executive order for the government to devise new regulations for cryptocurrencies. Canadian banks are announcing a collection of new initiatives to help them get to net-zero carbon emissions by 2050. We dig into what that means for you. Match Group-owned Tinder is rolling out background checks through its in-app safety centre—so you can put on your little detective hat and start swiping (while trying to avoid the next Tinder Swindler.) Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canadians can expect to see higher prices at the pump with the U.S announcing a ban on the importation of Russia oil, further rattling energy markets. Google is putting in an all-cash offer of US$5 billion to purchase cybersecurity company Mandiant—and make up lost ground in the cloud computing space against competitors. The hotly anticipated Apple Peek Performance Event showcased a list of new features for the latest models of iPads, iPhones and Macs, but a powerful new M1 Ultra chip and Mac Studio desktop were the stars of the show! Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

As the war in Ukraine escalates, women are playing a growing role in the country’s defence—on the front lines, in parliament, and beyond. The most recent data released in the World Economic Forum’s Global Gender Gap Report shows that it will take the US and Canada 61.5 years to close the gender gap. The federal government pitched its $27 billion childcare plan as a way to save families money and make it easier for parents to stay in the workforce while raising kids, something that would benefit mothers, in particular. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

There’s not much Canada can do to bring down soaring energy prices in the short term because our export capacity is maxed out at least that’s according to Canada’s Environment Minister Steven Guilbeault. The Biden administration has finalized a new ‘Buy American’ rule—an initiative aimed at boosting American manufacturing that could hurt Canadian businesses. As remote work shifts to hybrid models, a new commuter has emerged… the type that works from hotels. Which is leaving key players in the travel industry to rethink their business model. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

New day, new economic penalties against Russia: Canada is imposing a 35% tariff on goods imported from Russia and its ally Belarus as the feds look for new ways to respond to the invasion of Ukraine. Canada’s transportation regulator has launched an investigation into Edmonton-based Flair Airlines, surrounding potential issues around foreign control. Frito-Lay's standoff with Loblaw has left an (unsuspected) third-party winner standing… Ontario chips and salsa maker Neal Brothers

The Bank of Canada raised its benchmark interest rate by 0.25 basis points to 0.5% yesterday. And if that sentence isn’t dull enough to put you back to sleep, we want some of whatever coffee you’re brewing. A growing number of Canadian and international companies, including Apple and Canada Goose are suspending operations in Russia over its invasion of Ukraine*.* Major League Baseball (MLB) has cancelled the first games of its season, set to begin on March 31, over a labour dispute. More bad news for the downtown Toronto hospitality scene. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.