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
Dec 7, 2021 • 11min
Bye bye Beijing 🇨🇳 — Ambassador Barton is stepping down. Canadians don't trust our central bank. And Tesla's in trouble again.
Canada's ambassador to China, Dominic Barton, is stepping down from his role at the end of December. Over 60% of Canadians don't think our central bank can tame inflation. And the SEC is investigating Tesla over claims that their solar panels are defective.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 6, 2021 • 10min
Jobs, jobs, jobs 👷♀️ — Stats Canada says the job market is booming. Chinese ridesharing app DiDi is de-listing. And the Weston Family is selling Selfridges.
Statistics Canada's employment data for November says the economy is heating up and jobs are plentiful. Shares in Chinese ride-hailing business Didi plunged by nearly 20% on the news that they would delist from the New York Stock Exchange and instead list on Hong Kong's exchange. Canada's Weston Family, the owners of Loblaws, is selling British department store Selfridges to a Thailand-based corporation.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 3, 2021 • 10min
Goose Union 🦆 — Textbook makers are suing Shopify. The MLB is officially locked out. And some Canada Goose workers are unionizing.
Textbook publishers sued Shopify yesterday over the sale of pirated education materials. Major League Baseball is in a lockout after failing to agree on a new labour agreement. And Canada Goose workers in Winnipeg voted to unionize.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 2, 2021 • 10min
Shaken/stirred 🍸 — The CRTC is trying to crackdown on phone scammers. General Fusion raised huge bucks. And Tiger attacks Klue.
Canada's telecom regulator said its introducing new tech to reduce spoofing. BC-based General Fusion, one of the world's leading nuclear fusion companies, raised US-$130 million. Vancouver-based Klue raised US-$62 million from investors, including Tiger Global.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 1, 2021 • 9min
Giphy or jify 🥜 — Canada's GDP is up. UK regulators shut down Meta's acquisition of Giphy. Vancouver's Spare raised $18 million.
Canada's GDP grew at an annual rate of 5.4% last quarter. UK regulators are demading Facebook parent company Meta to sell Giphy. Vancouver-based software startup Spare raised $18 million to build out their micro-mobility software.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 30, 2021 • 9min
Goodbye Jack 🐦 — Canada is teaming up with Mexico to fight unfair free trade rules. Jack Dorsey is stepping down as CEO of Twitter. And Nissan is getting serious about
Canada is teaming up with Mexico to challenge the U.S.' rules to determine where car parts are made. Twitter CEO Jack Dorsey is stepping down and appointing Parag Agarwal as his successor. And Nissan is launching a US-$18 billion electric vehicle initiative.
Nov 29, 2021 • 9min
Omicron 🧬 — A new COVID variant of concern just dropped. Canada Goose is still under fire in China. Buy Now, Pay Later is taking off.
The word of the day is: Omicron. That's the name assigned by the World Health Organization to a new COVID "variant of concern." Canada Goose, the Toronto based premium winter jacket brand, was the number one trending topic on Chinese social media this week with posts about the brand garnering more than 240 million views. Customers are getting more comfortable with new buy now, pay later (BNPL) solutions as vendors saw a huge spike in usage on Black Friday.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 26, 2021 • 8min
Yelling timber 🪵 — The US is hiking tariffs. CP and CN restart operations. There's a million job vacancies in Canada.
The US is doubling duty rates on Canadian softwood lumber producers. Canadian Pacific and Canadian National have restarted operations in BC, but delays to shipments could last for months. Canada's labour market has over 1 million job vacancies as businesses struggle to scale up after COVID.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 25, 2021 • 9min
On trial 👩⚖️ — Elizabeth Holmes testifies. The Bank of Canada has 'discovered' that investors are driving housing prices. And Mangrove Lithium is trying to make batteries cheaper to make.
Elizabeth Holmes testified yesterday during her trial. The Bank of Canada believes investors are adding to price gains in the housing market. Vancouver-based Mangrove Lithium raised $12.6 million from investors, including Bill Gates.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 24, 2021 • 9min
Pipeline problems 🛢 — TC Energy is suing the U.S. Government. NASA and SpaceX are moving an astroid. Rhino raised big.
TC Energy Corp, the developer of the Keystone Pipeline XL, not to be confused with Keystone Pipeline Medium wants $15 billion from the U.S. government. NASA and SpaceX will try to redirect an asteroid tomorrow. Vancouver-based Rhino Ventures announced a new $120 million fund to invest in Canadian companies.Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoaThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
