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 13, 2021 • 10min
Everything must go 💸 — Execs are selling their shares. Inflation continues to climb. And NASA's launching a new telescope.
Top executives and founders are selling shares in their companies at levels never before seen. U.S. data showed inflation reaching the highest level in almost 40 years. NASA launched an X-ray telescope into space last week to study black holes.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 10, 2021 • 9min
High priced veggies 🥦 — CPPIB gets into houses. Food is getting more expensive. Evergrande is in default.
Canada Pension Plan Investment Board (CPPIB) struck a US-$1 billion deal to invest in single-family homes in the U.S, the pension fund's first entry into the market. A recent report found that the average grocery bill for a family of four will jump by $966 in 2022. Credit rating firm Fitch Ratings declared Evergrande is in default after it missed deadlines for coupon payments, or the interest it owes on bonds.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 9, 2021 • 9min
Ring of Fire 🔥 — The Ontario Government wants to build a road. Amazon Web Services went down. And Cryptocurrency execs went to D.C.
The Ontario government is proposing changes to how it consults with Indigenous groups in the North to accelerate building a road to the Ring of Fire. Amazon Web Services (AWS) suffered an outage earlier this week, taking down thousands of Amazon's own services and other websites. Cryptocurrency executives testified before Congress yesterday.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 8, 2021 • 10min
Plant based vaccine 💉 — Canada’s trade surplus jumped in October. Quebec’s Medicago has developed Canada’s first home grown COVID vaccine. Canada’s federal vaccine mandate is expanding.
Canada's trade surplus jumped to $2.09 billion in October, the biggest jump since 2011. Quebec-based Medicago's COVID-19 vaccine showed promising results in its tests. Canada is expanding its federal vaccine mandates to more businesses next year.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 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.
