The Peak Daily

For the second time in less than three months, Ottawa is stepping in to stop a pair of potentially catastrophic strikes.  Canadian hydro exports are running drier than our mouths after a high-stakes presentation. 

As the Wu-Tang Clan once elegantly deduced, “Cash rules everything around me, C.R.E.A.M.” That mantra is also the theme of the UN’s  COP29 climate summit , which kicked off yesterday as global ministers and climate experts touched down in Baku, Azerbaijan.  As cities across Canada grapple with  lower ridership , one town in Ontario seems to have found a solution. 

Bell is taking a pricey shot at expanding its Canadian dominance south of the border.  The feds have put another feather in their carbon-cutting cap. 

With wine consumption plummeting to a 27-year low, the industry is trying to make people feel better about indulging in a bottle of vino. The Oracle of Omaha has gazed into his future and seen  a lot  of cash.

Like the Jack-o’-lantern starting to rot on your porch, the loonie isn’t looking too good this morning. As cruise companies continue to rake in record profits , they’re setting their sights on what could be the industry’s next big play: private islands.

As Kamala Harris and Donald Trump gear up for election day, one factor could decide the race. To quote the legendary political strategist James Carville: “ It's the economy, stupid. ” After a year of  talks , China and Canada have made progress on increasing flights between the two countries as pandemic-era restrictions and political spats fade. 

The Canadian e-commerce company that got its start selling snowboards online is expanding beyond mom-and-pop shops.   Could the solution to Canada’s housing shortage lie in robots picking up the slack?

The only people who hate sick notes more than under-the-weather employees? The family docs who have to sign them.  Rain, hail, and sleet might not stop mail couriers from delivering letters, but a strike could.

For the first time in over a decade , Ottawa is planning to reduce the number of new immigrants entering Canada. New numbers from The Weather Network confirm what we already knew to be true: everybody is obsessed with checking the weather. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Swedish EV battery maker Northvolt is — to use a highly technical financial term — in deep doo-doo. The federal government convened 200 leaders from the public and private sectors at Hotel Bonaventure in Montréal this month to share ideas on strengthening the country’s workforce. The friendly house hippo that taught Canadians not to trust everything they see on TV has found itself a new gig. Celeb...

With the U.S. presidential election less than two weeks away gulp , canvassers are busy going door-to-door to get the word out in… Windsor, Ontario? The Major League Soccer (MLS) playoffs kicked off last night, but the league was already popping champagne after notching the best regular season in its 27-year history. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

There’s a (very slight) chance that the next series you binge will be a Chick-fil-A original. Canada is trying to bring the system responsible for collecting $40 billion a year in tax revenue into the 21st century, but a new digital portal is causing confusion for shippers. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Marathons are becoming so popular that race bibs are starting to get resold like they’re Oasis reunion tour tickets. Opinion polls may show a tight race between Kamala Harris and Donald Trump, but on upstart prediction markets, Trump has suddenly become a heavy favourite. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The company behind Ski-Doo wants to burn more rubber, shred more pow, and ride fewer waves. The language spoken by over 39,000 Inuit people across Canada has been added to the world’s go-to translator. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Canada has been wasting more milk than a toddler refusing to use their sippy cup. Ontario has a new idea to cut down on traffic in case plans to build the world's biggest highway tunnel don’t pan out. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

The Sphere, the 366-foot-tall domed venue in Las Vegas with an eye-catching LED exterior, is getting a sister location A growing number of young folks are getting their investment advice from the same place they shop, date, and fawn over videos of baby hippos: the internet. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Alberta is hatching a plan to preserve their mountain views at the cost of renewable energy. SpaceX flexes it’s muscles, catching a rocket. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

More people are trading in Disney World vacations and Caribbean cruises for a chance to see the dancing green and purple skies in some of Canada’s most remote communities.  TD Bank Group is facing the largest money laundering penalty handed to a bank in U.S. history. 

Good morning.  We’re hosting a competition at the Bet on Canada Summit in Toronto on November 5 to narrow down the companies where people actually like working. With bonus season around the corner, we can’t think of a better way to get in your boss’s good books.  Submit your pitch here .  If U.S. regulators have their way, Google Chrome could become just Chrome. One of Canada’s most valuable retai...

Canada’s telecoms regulator wants to end the reality of alarming phone bills after a weekend trip to the States.  Kissing up to your boss in the months leading up to bonus season might become a thing of the past as algorithms increasingly take over compensation decisions. 

An Indigenous group in Washington state is looking for a cut of the profits made on land in southern B.C. The  Toronto Islands  neighbourhood is one of Canada’s most sought-after communities. Securing a home there isn’t easy, but you now have the  slightest  chance of doing so. 

One of Canada’s largest hospital networks is launching a radical experiment in housing the homeless. The world’s biggest coffee chain is trying to innovate its way around erratic weather. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Like Pinocchio wishing upon a star to become a real boy, Koho is wishing upon a cash infusion to become a real bank. The once far-fetched future of flying cars has gotten a major vote of confidence from an industry giant. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

North America just got its first-ever elected woman head of state (apologies to former Canadian prime minister Kim Campbell, who was neither elected nor head of state). With 6.5 million Canadians living without a family doctor, a group of senators are hoping international med school grads can help fill the gap. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Concert industry leviathan Live Nation is constructing Canada’s largest purpose-built concert venue. Canadian businesses are shutting their doors at a rate the country hasn’t seen since the start of the pandemic.