The Peak Daily

Boeing shares plummeted ~8% yesterday, which was to be expected after one of its planes blew a freakin’ hole in mid-air . Sorry, we still can’t believe that actually happened. Deloitte is taking the expression “time is **money” to heart with its new AI innovation. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

As if the $15 poutine at the chalet wasn’t bad enough, poor snow conditions and high demand have marred this year’s ski season at popular Canadian slopes. Don’t feel too bad for the world’s most valuable company, but the new year is increasingly shaping up to be a challenging one for Apple. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Angola’s oil output might be just a drop in the barrel for OPEC — a group of leading oil-producing countries — but its departure could ripple into much bigger changes. Investors are starting to question the existence of Santa Claus… as far as the guy with the big, white, fluffy beard relates to markets, that is. Tiny towns popping up in the northern Ontario wilderness have come under government sc...

Better late than never: Canada is starting to pour more cash into its defence strategy. A northern Alberta town with a population of 577 people could be the site of a renewable energy breakthrough. Canada is a land of innovation. Look no further than the pizza dip roller or [ketchup chips]( https://www.foodbloggersofcanada.com/canadas-love-for-ketchup-chips/#:~:text=The Canadian Story%3A Hostess K...

Better start baking those welcome cookies now, because you’ve got a million new neighbours to welcome. A new bill is trying to move “fast trains” from a European ideal into a Canadian reality. Is your looming annual performance review getting you down? You aren’t the only one. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

In recent days, the Red Sea has become like the mall during the holidays: A place better kept at a safe distance. Like each and every one of us who got used to working in our pyjamas, Zoom has had a rude post-Covid awakening. Forget champagne fountains or a private DJ set from David Guetta. Your office holiday party this year is more likely to be a not-so-boozy potluck, a pickleball match, or some...

The end of the road for gas-powered vehicles in Canada is fast approaching. Like us trying to figure out what to wear to the company holiday party, H&M is having a bit of a fashion identity crisis. The conflict between Israel and Hamas is spreading to other parts of the Middle East. In Yemen, that could start to muck up global trade routes. Celebrating something? Let us know here: https://thep...

The ringleader of the largest art fraud operation in Canadian history — and, per one investigating officer, in * world* history — was sentenced to 5 years in prison yesterday. Team Canada announced its roster for the 2024 World Junior Championship. But the biggest names joining the team this year aren’t the new players, but returning advertisers. Over a year after a nationwide blackout left 12 mil...

Forget a Justin Bieber collab — as Tim Hortons expands into its newest locale, it should be looking for a stamp of approval from Blackpink or BTS. As if renewing your real passport wasn’t a big enough pain, you may soon need an internet passport to get into your favourite Reddit thread. What goes up must go down. After a record maple syrup harvest last year, Canada’s crop of the brown stuff has co...

When all else fails, try finding answers to today’s problems in the ol’ history textbooks. They say you can’t teach an old newspaper new tricks, but The Grey Lady wants to get with the times and dabble in AI. The UN COP28 Climate Summit in Dubai went into overtime as environment ministers made like us in university and pulled an all-nighter desperately trying to finish a project. Celebrating somet...

It’s starting to look like investors might be happier watching BlackBerry the movie than BlackBerry the company. Canada proposed a new strategy to slash methane emissions by offering cattle farmers incentives if they feed their cows food that will make them burp less. Like a bartender with a generous pour, TikTok creators have been reeling in the tips. Celebrating something? Let us know here: http...

The EU is once again leading the charge on regulating tech, this time with a new set of rules for AI businesses. Look away, Blue Jays fans: Shohei Ohtani just signed the biggest contract in pro sports history, and despite some dedicated flight tracking and internet sleuthing, it’s not with Toronto. Tesla is learning the hard way that the only thing Scandinavians love more than skiing and cured sea...

Not to alarm you, but for some reason, the federal agency managing our seafood has the power to snoop at your phone. Allow us to explain. The newest admissions requirement for foreign students looking to get into a Canadian university has nothing to do with grades or extracurriculars. The world’s biggest fast-food chain is going big in a quest for cold drink supremacy. Celebrating something? Let u...

Who doesn’t love throwin’ up their feet and crackin’ open an ice-cold beer? We love Canada but must admit that other countries are superior in certain areas—things like better sun, tastier cuisine, and, crucially, better access to family doctors. People are used to getting surprises when they sign up for 23andMe, but “some hackers got their hands on your DNA” usually isn’t among them. Celebrating...

If you’re like us, when you studied math in school, you were constantly thinking ‘wow, this is hard.’ Unfortunately, for kids today, it seems that learning math has gotten even harder. The world's largest retailer is banking on a holiday season staple to boost sales: the cheesy holiday rom-com. After persevering through the most destructive year ever for wildfires in Canada, firefighters are in Ot...

Yesterday, Canada joined the U.S. in creating strict methane rules to meet climate goals. Like a gym bro about to tackle leg day, food companies are all in on protein. As actual winter sets in, “crypto winter” seems like it could be coming to an end. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Most of the world’s countries agreed on a significant new renewable energy push at the UN’s COP28 climate summit over the weekend, but scientists warned that overshooting the 1.5°C threshold — beyond which climate disasters will become more frequent and intense — is now almost “inevitable.” If your favourite artist is getting too old to tour, here’s some good news — soon, they could start sending...

The Canadian economy has avoided a technical recession after economists updated the numbers that triggered alarm bells earlier this year. That’s #EconomistMath. With consumers starting to lean into burger options that are less… let’s say, mushy , McDonald’s is revamping its classic road trip staple. As 2024 nears, flying cars and teleporters are no closer to becoming a reality, but countries are h...

Canadians will get to keep (some of) their access to news, now that the government has reached a deal with Google over the controversial  Online News Act . Today marks the one-year anniversary of an event that changed the world forever: The UN bestowing  the baguette  with protected heritage status… just kidding. Move over,  dairy tariff quotas … there’s a new Canada-U.S. trade disagreement in tow...

Bank earnings season started not with a bang, but a whimper—one that could be sustained into 2024. For those of you who are already freaked out by airplanes, we have some fun news: Soon, your plane could be kept in the sky entirely by stuff you’d find in a deep fryer. Windsor’s new electric vehicle (EV) battery plant promised a plethora of jobs for Canadian workers, but that may have been a  tad  ...

Panama’s top court is currently weighing whether or not to block a Canadian mining giant from tapping into the region's copper. Shoppers don’t need to wait for their credit card statements to know how much they splurged this year, with new Shopify data spilling all the details… In this week’s episode of Alberta vs. Feds , Danielle Smith makes what could be her most controversial announcement yet…...

While we, of course, have nothing but fondness for our southern neighbours, we  also  love beating them on the hockey rink, the soccer pitch,  and  in trade dispute court. The days of wondering if those leftovers you’ve had in your fridge for a week are still good or not (before eating them anyway and just hoping for the best) may be coming to an end. Like us on Black Friday weekend, Germany is tu...

The fallout at OpenAI escalated from “spicy corporate drama” to “arbiter of humanity’s fate” real quick. Canada’s historic spy trial wasn’t  quite  as exciting as a James Bond movie — it featured zero cool cars or giant lasers — but it  was  an important test for the judicial system. A hostage deal is expected to bring the first break in the fight between Israel and Hamas. Celebrating something? L...

After a whirlwind five days that included teary breakdowns , a pizza party , and even the launch of a new product , Sam Altman is once again CEO of OpenAI. If you’re worried about Canada’s housing market, just wait until we tell you about the country’s wild pig problem. Hanging out with a fancy group of friends and don’t know what to talk about? As if they prefer Epic or Ikon, and watch the ensuin...

Like us, you may have thought your school days were behind you when you collected your expensive piece of paper at graduation, but with this AI thing apparently not going anywhere, we might all be hitting the books again soon. Are you self-conscious about your spending? Luckily, you don’t have to broadcast it to the entire nation like the federal government will do later today in its fall economic...