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 2, 2021 β’ 7min
See you in court π©ββοΈ β The Rogers family is taking each other to court. Digital Currency Group raises $700m. And Rogers and Videotron are fighting.
The Rogers family feud is going to the BC Supreme Court as Ed Rogers fights for control. Digital Currency Group raises $700m to become the 'Standard Oil of Crypto'. And Rogers and Videotron are suing each other over breach of contract.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 1, 2021 β’ 7min
Dairy fairy π₯ β The G20 held a meeting over pandemic and climate initiatives. The CDC (no, not that one) says the cost of dairy products will go up. And Microsoft has now beat Apple as the most valuable company in the world.
The G20 met in Rome to discuss pandemic relief and initiatives to fight climate change. The Canadian Dairy Commission recommends that regulators raise dairy rates to account for higher costs on raw materials. And a bad earnings quarter has lost Apple their title as the world's most valuable company.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.
Oct 29, 2021 β’ 7min
Meta π β Shopify missed earnings expectations. Hootsuite's thinking of going public. And Facebook is now Meta.
Shopify missed earnings expectations after a record year. Vancouver's Hootsuite is considering raising $200 million to go public. And Facebook changes their name to Meta to reflect their pivot to a metaverse company.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.
Oct 28, 2021 β’ 6min
Stimulus stymied πΈ β Bank of Canada ends their stimulus program. Fellow raises a huge round. And UofT divests from fossil fuels.
The Bank of Canada announced that they'll be ending their stimulus program and quantitative easing. Ottawa-based Fellow raises $24 million for their meetings SaaS tool. And the University of Toronto announces that their endowment is divesting from fossil fuel investments.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.
Oct 27, 2021 β’ 7min
Bread basket π§Ί β Tim Hortons sales reveal a suburban/urban divide. GM is building 40,000 charging stations in the US and Canada. And George Weston sold their bread division for $1.2 billion.
Tim Hortons latest earnings report shows a drop off of sales in downtown cores while a surge in demand in suburban and rural areas as Canadians continue to work from home. GM is building up 40,000 charging stations in the US and Canada to better compete with Tesla. And George Weston is selling their bread business to FGF Brands for $1.2 billion, marking the end of a bread era.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.
Oct 26, 2021 β’ 7min
REIT street π’ β Cenderel buys Cominar REIT. Faze Clan is going public. And Hertz is going electric.
Quebec-based Cenderel bought Cominar REIT in a sign that commercial real estate is once again on investors' radar. E-sports content creators Faze Clan are going public in a $1 billion deal. And Hertz is modernizing their fleet with a 100,000 Tesla purchase.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.
Oct 25, 2021 β’ 7min
Advertising antics π± β The Rogers family drama continues. Snapchat's earnings were lower than expected. And Q4 is crawling towards their IPO.
Martha Rogers is going public with complaints over her brother Ed Rogers' conduct. Snapchat's underperforming earnings may signal challenges for Facebook and Twitter. And Toronto-based Q4 raised less than anticipated ahead of their IPO.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.
Oct 22, 2021 β’ 6min
Family feud π¨βπ©βπ§βπ¦ β The Rogers family is fighting over the company. Shipping companies are going zero emission. And Roku is accusing Google of anticompetitive practices.
The Rogers family is creating a Canadian version of Succession as they fight over the future of the company. Retailers like Amazon and Ikea have committed to only using zero-emission shipping by 2040. And Roku argues that Google is using anti-competitive practices over its Youtube TV negotiations.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.
Oct 21, 2021 β’ 6min
Inflation nation πΈ β Inflation is at a 10 year high. Surgeons successfully transplanted a pig kidney to a human. And Tether is under scrutiny.
Inflation in Canada hit 4.4% due to the rising costs of housing, transportation and food. Doctors successfully transplanted a pig kidney into a human after genetically modifying it. And investors are looking into whether the stablecoin Tether has enough US dollars in reserve.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.
Oct 20, 2021 β’ 5min
Fast Lane π’ β VTS buys Lane for $200 mil. KKR and Dundee buy 60,000+ songs. And Spin Master's getting into the VC game.
VTS is buying Toronto-based real estate software firm Lane for $200 million as workers start returning to the office. KKR and Dundee Partners buy a catalogue of 62,000 songs including tracks by Lorde and The Weeknd. And Spin Master is launching a $100 million fund to invest in the next big toy.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.
