The Peak / Curiouscast
The Peak Daily
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.
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Episodes
Big tunnel 🛣️ — Ontario could be getting a giant traffic tunnel. Canada works to secure vaccine independence. 26.09.2024 16:57
Ontario is kicking the tires on an infrastructure project that will make the province's $16.8 billion GO train expansion look like a cute side project. Like a well-prepared bartender on a Saturday morning, Canada is taking steps to ensure that it won’t run out of shots.
Basement ban 🌊 — Montréal has a basement problem, Qualcomm flirts with Intel takeover. 25.09.2024 10:31
Basements are great for pool tables, wine cellars and mini-stick rinks, but renting them out as apartments could soon be a thing of the past. They say it’s always darkest before the dawn — or in beleaguered chipmaker Intel’s case, before the buy-out offer.
Wage gains 💵 — Border smuggles take to TikTok, Get ready for some wage gains. 20.09.2024 5:41
You can buy anything on TikTok these days: galaxy projectors, novelty egg cookers, and detailed instructions on how to illegally enter another country. As wages grow, Canadians could find themselves with a bit more money in the new year.
Sporty and rich 🏒 — Rogers now owns men’s sports, VC investments lose their shine. 19.09.2024 5:20
Friends, family, and loved ones, we’re gathered here today to pay our respects to the work-from-home era. Today in predictable news: A province’s decision to let more than 4,000 convenience stores start selling alcohol continues to stir up controversy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave. 17.09.2024 4:42
OpenAI’s top-secret AI model (weirdly code-named Strawberry ) is finally seeing the light of day. Lululemon says it wants to keep its headquarters in Canada but is keen on continuing to recruit talent from elsewhere. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave. 13.09.2024 5:11
OpenAI’s top-secret AI model (weirdly code-named Strawberry ) is finally seeing the light of day. Lululemon says it wants to keep its headquarters in Canada but is keen on continuing to recruit talent from elsewhere. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Slow build 🏡 — Canada continues China crackdown, Amazon gets into budget groceries. 11.09.2024 5:17
According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.co...
Degree return 🎓 — Returns on some degrees is shrinking, Torontonians lose to fake taxis. 10.09.2024 6:35
According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.co...
Suspicious cargo ✈️ — New rules on European cargo, Rexall has a new owner. 06.09.2024 4:35
According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.co...
Table for one 🍴 — Restaurants react to solo dining, China goes after Canadian canola 04.09.2024 5:54
Eating by yourself at a restaurant used to be a shameful experience that let all the other diners know you were a friendless social pariah. Nowadays, it’s a totally normal thing to do. In the latest round of Chinese-Canadian trade warfare, China is hitting Canada where it really hurts: its 20 million acres of canola fields. Celebrating something? Let us know here: https://thepeak.typeform.com/to/M...
Power hungry 💻 — Alberta wants to host Big Tech’s data centers .More than half of Fortune 500 companies say AI poses a risk to their business 19.08.2024 21:46
With data centers expected to soon use as much power as all of Japan , Alberta is pitching itself as the perfect home for the energy-intensive setups. Like a nervous teenager before a first date, big companies are more scared than excited about the impact of AI on their business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Baguette bags 🥖— Scotiabank moves into the U.S., A retail play by fast food brands. 13.08.2024 6:23
Scotiabank should grab some sunscreen and an RV, as it’s the latest of Canada’s big banks to act like a snowbird. Filipino fast food chain Jollibee has launched a new merch line complete with everything from mascot T-shirts to dog accessories. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Off the rails 🚞 — Railway workers’ strike could be a runaway train. Bidding war for healthcare workers heats up. 07.08.2024 6:17
When it comes to averting a strike, Canada’s two largest railway operators are running out of steam. The worker shortage in Canada’s healthcare system has gotten so dire that rural towns are now shelling out NHL draft-level signing bonuses to try and bring in doctors. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Missing bars 🍫 — Disappearing Melona bars, BYD eyes Canadian market 01.08.2024 6:16
Melona bars successfully went from cult fave to grocery freezer mainstay. But why have the cool and creamy Korean desserts been so hard to find in stores over the past month? As the feds weigh slapping steep tariffs on EVs made in China, BYD has decided to set its sights on the Canadian market anyway. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Treaty settlements 💵 — Ottawa could owe $126B, New movies make millions. “Deadpool & Wolverine” reverses the movie summer slump 30.07.2024 5:50
A landmark Supreme Court ruling could set a new bar for the costs of economic reconciliation in Canada. Less than a year after releasing The Marvels , the worst-performing film in Marvel’s history, the superhero studio has landed the best opening box office weekend of 2024. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Tech tumbles 📉 — Technology stocks take a tumble. Bank of Canada cuts rates again. 25.07.2024 5:56
In the 2003 hit movie Freaky Friday , a mother and daughter played by Jamie Lee Curtis and Lindsay Lohan wake up one morning and find their lives have been switched. In March 2022, Bank of Canada Governor Tiff Macklem said aggressive rate hikes were needed to quickly tamp down inflation, but that they’d only be temporary. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MN...
A record setting raise 💸 — Investors dust off their chequebooks. Greenwashing needs a clearer definition. 24.07.2024 5:32
Here’s something to celebrate: After a year of penny-pinching tied to high interest rates and economic uncertainty, money is flowing into Canadian technology companies again. Not sure what “greenwashing” is? Canadian companies are right there with you. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Big ZZZs 💤 — A deal to buy Sleep Country, Airlines aren’t making money. 23.07.2024 5:09
Sleep Country is putting its run as a public company to bed. The Farnborough International Airshow, one of the world’s largest aviation trade shows, kicked off yesterday amid some industry turbulence . Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Potayto, potahto 🗑️ — Ford chooses pick-ups over EVs. 19.07.2024 5:20
Like a legacy rock band trying to cater to their audience, Ford is sticking to the hits at the expense of the new stuff. Alberta may be known mostly for its mountains, big steaks, and rodeos, but these days, it’s found itself a new claim to fame: potatoes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Waste-less 🗑️ — Home construction slows, Grocery giants tackle food waste. 17.07.2024 5:43
Nearly every government in Canada — at all levels and all political stripes — say they want more houses built. New data from the Canada Mortgage and Housing Corporation (CMHC) shows the opposite is happening. More grocery stores in your neighbourhood could soon be offering you oddly shaped tomatoes and soon-to-be-expired cartons of yogurt for cheap. Celebrating something? Let us know here: https:/...
Weekend getaway 🚢 — Speeding up digital payments, New cruise ship focuses on weekend energy. 16.07.2024 6:11
Canada is the only G20 country without an updated digital payments system. Interac’s new CEO wants to change that ASAP. The world’s second-largest cruise ship will make its maiden voyage this week, but it won’t be a long one. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Target practice 🎯 — Canada promises to hit NATO defence target, AI goals are fuelling layoffs. 12.07.2024 20:45
After being the NATO punching bag this week in D.C., Canada has finally given its allies what they wanted… sort of. AI really is taking away jobs, just not in the way you might think. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Where’s my charge 🚗 — New chargers coming. Etsy pivots away from rivals in e-commerce race. 11.07.2024 21:57
A plan for a continental electric vehicle charging network is bringing together big names like it’s a Team USA basketball roster. The go-to site to buy quirky Christmas gifts for your friends and family is leaning back into its homemade, one-of-one vibe. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
On the nose 👃 — Walmart introduces sensory-friendly hours. 09.07.2024 7:09
Will future generations know the unrivalled thrill of getting a crisp $50 bill from your grandma on your birthday? We’re not so sure. Walmart has made itself more attractive to shoppers who hate bright fluorescents and buzzing PA systems. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
No wheels 🚗 — Uber wants you to give up your ride. Canadian space tech developer lands $1 billion funding. 28.06.2024 5:33
NASA’s next moon mission will be getting a (literal) hand from a Canadian company. Kind of like when John Lennon asked us to imagine life without possessions , Uber is asking Canadians to imagine life without a car. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
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