The Peak Daily

Canada’ busiest airport and airlines are calling on the federal government to drop the requirement for an arrival test for vaccinated air travellers. Major brands, such as Coca-Cola and Walmart, signed a joint statement that calls for the formation of a global pact to cut down plastic waste. Stripe is helping Ford scale its e-commerce strategy, signing a five-year deal to strengthen the carmaker’s online payment process. 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.

What goes up must come down, unless we’re talking about Canadian housing prices. At least that’s the conclusion we’re reached after reviewing new reports on our overheated housing market that predict rising prices well into 2022. Zara’s billionaire owner Amancio Ortega is buying Toronto skyscraper Royal Bank Plaza for over CA$1 billion. Bausch & Lomb, the Quebec-based maker of contact lenses and other eye health products filed to go public on the New York and Toronto stock exchanges.

The Canadian government extended the deadline for small businesses to pay back emergency loans—one of the most widely used pandemic programs for businesses. Insurers will pay over CA$2 billion to settle climate-related claims from last year. TikTok star, Charli D’Amelio makes more than top CEOs, according to Forbes’ ranking. 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.

US oil prices peaked to $81 a barrel for the first time in two months, reflecting stronger consumption than many observers had expected. Saskatoon-based Vendasta Technologies announced its second acquisition since the software company dropped plans to go public in favour of financing, per The Globe and Mail. Canada’s annual pace of inflation has been hanging at around 5% in recent months, levels not seen 2003, with RBC’s CEO Dave McKay telling Bloomberg that the Bank of Canada needs to take quick action by hiking interest rates. 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 and Taiwan have begun trade talks in an attempt to reduce both countries’ economic dependence on China. It all started with a butt-dial... Rogers officially named Tony Staffieri CEO after a six-month interim stint in the role. Cryptocurrency exchanges that are playing by the rules are upset that Singapore-based Crypto.com is advertising in Canada, despite not being registered here. 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.

BMO is tapping into pension funds for its Bank of West takeover, the largest acquisition deal led by a Canadian bank. Gaming company Take Two Interactive is buying FarmVille maker Zynga for US$12.7 billion in one of the world’s biggest gaming mergers. Taco Bell said its piloting a subscription service to order one taco a day for $10 a month. 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.

PM Justin Trudeau is proceeding with a vaccine mandate for truckers entering Canada, a requirement that some say will drive up prices of certain goods. Disney’s upcoming Pixar flick Turning Red will premiere on Disney Plus, instead of theatres, on March 11th. Vinyl sales overtook CD sales for the first time last year since 1991. 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.

Our housing market is heating up: Toronto and Vancouver home sales shot up 7% and 28%, respectively. The New York Times (NYT) has agreed to buy subscription-based sports site The Athletic for $550 million, helping expand the NYT’s digital offerings. France hit Google and Facebook with over $216 million in fines for flouting privacy rules. 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.

The world’s biggest NFT marketplace OpenSea raised $300 million to a $13.3 billion valuation. Staffing shortages from Omicron are straining supply chains across Canada. 2021 was a strong run for the oil and gas bulls. And looking ahead to 2022, some of the sector’s biggest backers are already happy with what they’re seeing. 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.

Apple became the first $3 trillion company on Monday. Canada took an L in the first ever ruling by a USMCA panel. Volkswagen, GM, and Mercedes are drawing up plans to compete with Tesla. 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.