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
Nov 16, 2021 • 8min
Not so Royal 🇳🇱 — Shell leaves the Netherlands. IBM releases their latest quantum computing processor. And Casper goes private.
Oil giant Shell is moving its headquarters from the Netherlands to the U.K. in a move to shake up its business structure. IBM released its largest quantum computing processor ever as they gear up to launch their first quantum computer in 2023. A private equity firm is buying mattress company Casper to try and turn the brand around.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 15, 2021 • 8min
Français, SVP 🗣 — Air Canada CEO is in the hot seat. COP26 concludes. And Taylor Swift takes on private equity.
Pressure is ramping up on top execs of Quebec companies to get a better grasp on both official languages. World leaders signed a new climate agreement at the COP26 summit, which wrapped up over the weekend. Taylor Swift released her re-recoded album, Red, as she battles with private equity firms to regain control over her music.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 12, 2021 • 7min
To the stars 🛰 — Telesat is going public. Alberta beef workers may strike. And Rivian had quite the debut.
Ontario-based Telesat plans to go public in Canada to support their Low Earth Orbit expansion plans. A union for thousands of workers at Cargill, a beef plant in Alberta, said they plan to strike next month. EV maker Rivian's valuation jumped to US-$86 billion in its public debut 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.
Nov 11, 2021 • 7min
Never ending 🏢 — Inflation is continuing to hit record highs. Apotex is looking to sell. And Evergrande still might go bankrupt.
U.S. inflation hit 6.2% in October compared to year before, the fastest increase in 30 years. Ontario-based generic drugmaker Apotex is considering a sale. And Evergrande's grace period to pay interest payments to overseas bond holders expired yesterday, meaning the second largest developer in China is now in default.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 10, 2021 • 8min
Go West 🤠 — Amazon Web Services plans to open a new hub in Alberta. COVID booster shots were approved by Health Canada. And Shell will begin construction of a solar farm in Alberta.
Amazon Web Services will open its second Canadian location in Calgary. Health Canada approved Pfizer's booster shot paving the way for province's to begin administering to the whole population. Shell will begin constructing a solar farm in Alberta next year to power its new refinery.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 9, 2021 • 8min
Bolt ⚡️ — Ikea makes a big bet on Toronto-based Bolt. Elon plans to sell a bunch of his Tesla stock. And Helion Energy is trying to make electricity free.
IKEA invested $115 million in Toronto-based Bolt. Elon Musk held a Twitter poll on whether he should sell $20 billion in Tesla stock. Helion Energy raised US-$2.2 billion to commercialize its fusion energy technology.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 8, 2021 • 7min
Empire strikes back 👑 — A BC Supreme Court judge rules in favour of Ed Rogers. Pfizer's COVID pill is found to be super-effective. And Tesla's opening a plant in Canada.
A BC Supreme Court judge ruled that Edward Rogers can replace five of the independent directors of Rogers, which gives Ed, the son of founder Ted Rogers, full control of the company. Pfizer announced that its pill to treat COVID-19 had been found in clinic trials to be highly effective.Tesla is opening a battery equipment plant in Ontario, its first Canadian site.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 5, 2021 • 8min
GFANZ 🌎 — A global alliance of financial institutions to fight climate change. Lightspeed is slowing down. And Mark McEwan's restructuring plan was denied.
Former central banker Mark Carney has built an alliance of 450 companies who pledge to focus their investments on achieving net zero carbon emissions. Montreal-based tech darling Lightspeed POS is struggling as its stock tanks 30% after the company released a poor revenue forecast. And a judge has denied Canadian celebrity-chef Mark McEwan’s restructuring plans for his restaurant, grocery and events businessCelebrating 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 4, 2021 • 8min
Floating 💸 — Float raises a huge round. Compass picks Ontario for its newest mine. And Maine denied Quebec their power lines.
Toronto-based Float raised $37 million from investors, including Tiger Global. Crypto mining company Compass is opening a new mining operation in Ontario. Voters in Maine have rejected a proposal for a new power corridor which would carry Quebec hydroelectricity to New England.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 3, 2021 • 7min
So long Ecobee 🌡 — Ecobee gets bought. Buyers bid over Canadian lithium. And Bell wants to kill the Rogers/Shaw merger.
Generac buys Toronto-based Ecobee for $770 million after the company struggled to compete with Google and Amazon. Two companies are vying for a potential acquisition of Vancouver-based Millennial Lithium Corp. And consumer groups and Bell are urging Canada's telecom regulator to hold off on an upcoming hearing of the Rogers-Shaw merger.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.
