The Peak Daily

“Liberation Day” is here — we wish you could see how hard we just rolled our eyes — with the U.S. ready to enact sweeping tariffs. Rogers will spend $11 billion to hold onto one of the country’s most cherished pastimes: watching hockey.

In our best Milhouse from The Simpsons voice Remember Napster? It’s back! In metaverse form. It may not have a lab coat or indecipherable handwriting, but AI is starting to make waves in the healthcare space. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The game plan for what U.S. President Donald Trump has dubbed “Liberation Day” is being flipped on its head. The maker of 2017’s hottest holiday gift is in dire straits. 

The campaign to determine who will form the next government (and whether poor Charles Tupper will lose his spot as Canada’s shortest-tenured Prime Minister) is officially on. You can add pilots to the list of national shortages Canada needs to solve.

Canadians who swore off U.S. travel in response to tariffs are evidently quite serious about their pledge, and airlines are starting to feel the impact. Drug makers like Aspen Pharmacare , Sandoz Group , and Hikma Pharmaceuticals are racing to put out cheaper, generic versions of popular drugs used for weight loss. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The federal government took the phrase “an eye for an eye” to heart, wasting no time responding to the U.S.’s 25% tariffs on Canadian goods and 10% on Canadian energy. One of Canada’s biotech hot spots is hoping a shiny new research hub will help bring more of the [US$2.8 trillion]( https://thoughtleadership.rbc.com/canadas-biotech-reboot-how-to-keep-the-vital-life-sciences-sector-strong/#:~:text=...

The NHL's  4 Nations Face-Off  hockey tournament begins tonight, with Canada taking on Sweden at Montréal’s Bell Centre.  Canadian airlines are probably hoping that the “ Buy Canadian ” movement includes travel. 

Just when we thought we were safe, a fresh round of U.S. tariffs is on the way.  The third annual AI Action Summit wraps up today in Paris as global leaders and AI industry big-wigs chat about innovation over croissants and cafe au laits.  

From switching up groceries to relocating weddings, Canadians are looking to spend their cash outside of the U.S.  Like John Hughes in the ’80s, Canada’s tech industry is writing its own coming-of-age story. 

We have good news, and good-ish news: full-bodied California reds  are back  on LCBO shelves, and President Donald Trump will delay slapping tariffs on Canadian goods until at least March 1.  Later this month, Tim Hortons will bring back its iconic Roll up to Win cups after a years-long hiatus. 

A possible breakthrough in China could put an end to the AI stock rally that one U.S. analyst  called  “one of the greatest spending binges in human history.”  Vail Resorts, the owner of ski resorts including Whistler Blackcomb, is veering off-piste.  Plus an interview with Cisco and the Wiikwemkoong Unceded Territory.

Entrepreneurship in Canada is on the rise if you only look at organized crime. Canada Post projects it will lose $900 million this year, with losses expected to balloon to $1.7 billion by 2029. What’s a national postal service to do?

The hammer is finally coming down on federal worker numbers, which ballooned by over  43%  from 2015 to hit 367,772 last year. Retailers continue to struggle to offload extra inventory, but the outdoor industry has been especially hard hit. 

On his first day in office as U.S. president, Donald Trump signed ~200 actions , memos, and proclamations. The good news is a directive to ignite a trade war with Canada wasn’t one of them. The bad news is he says tariffs are coming, and soon. For a brief period after Confederation, cricket was Canada’s national sport . It likely won’t ever regain that status, but it is still on the come-up. 

With TikTok potentially leaving U.S. app stores  next week , millions of scrollers and posters are looking for greener — or in this case, redder — pastures. As Los Angeles grapples with one of the costliest natural disasters in  U.S. history , insurers in Canada are wrestling with their own severe weather dilemma.

LinkedIn is working with hiring software company Greenhouse to crack down on a rise in so-called ghost jobs.  You know how they say that the cream always rises to the top? Well, in the case of Canadian startups, it floats. 

If you can’t shake the feeling that your grocery bags feel a little lighter than usual, you might actually be onto something.  Canadians have a new step they must take before saying ’allo ’allo to Merrie Olde England. 

With less than two weeks until he moves back into the White House, Donald Trump is laying the groundwork for a potential trade war with Canada.  While the primary use for 3D printers still appears to be arts and crafts, one B.C. company is using them to combat one of the world’s  fastest-growing diseases .  Plus our interview with Randall Bartlett, Deputy Chief Economist at Desjardins!

In the face of abysmal approval ratings and at least  two dozen  of his colleagues calling on him to step down, the prime minister appears to have finally taken the hint. Scotiabank has a reputation of being the  most international  Canadian bank, and the only one of the Big Five lenders that’s made a serious footprint in South and Central America. However, it’s now looking to collect more passpor...

In February, Canadian Paul Krusky was  detained in France  on drug and money laundering charges related to the encryption software EncroChat. Krusky’s lawyer has told the  Globe and Mail , “The story that was constructed by the police to get him in jail is cracking.”  Oura’s smart rings have become one of the most successful  gadgets of 2024 . 

With all eyes glued to the drama on Parliament Hill this week, you may have missed that the feds announced new plans for border security, money laundering, and Chinese tariffs.  In Toronto this year, nearly 15% of all shooting incidents were related to the tow truck industry . 

We woke up yesterday expecting a simple fall economic statement. Instead, we got chaos.  The Canada Post strike, by the numbers: 29 days spent on the picket line, about 15 million parcel deliveries lost, and an estimated $1.6 billion hit to small businesses. 

Elon Musk’s brain chip company is ready to crack open some Canadian skulls (in a good way).  If you’ve been kicking the tires on a new business idea, now might be the time to take a crack at it. 

North Vancouver RCMP revealed it had thwarted an attempted heist of $12,800 worth of cheese at a grocery store. It’s the latest in a string of high-profile dairy-based robberies.    Nuclear reactors could be the next big Canadian export alongside maple syrup and movie stars named Ryan. 

The days of podcasts being an audio-only medium are long gone. And Spotify knows it.  Like graphic tees and bucket hats, nuclear power is back as countries look to meet rising energy demand, boost energy independence, and move to low-emission power sources.