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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Proper chuffed 😊 - The U.S. and the U.K. strike a tariff deal, Why you shouldn’t pay hackers.
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7:11In the strongest showing of American-British solidarity since the Spice Girls posed with the stars and stripes, the U.S. and the U.K. have squashed their burgeoning trade war. Canadian school boards have learned the first lesson of cyber warfare: Never trust the word of a hacker that’s extorting you. Celebrating something? Let us know here: https:/…
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When Carney met Trump 🤝 The PM visits the White House for talks, EB Games returns from the dead.
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7:12
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7:12Only time will tell if today's meeting between Canada's PM and America's prez was the start of a beautiful friendship. With record players, film cameras, and vintage video games all back in style, a struggling staple of Canadian malls is hoping that a dose of nostalgia can turn things around. Celebrating something? Let us know here: https://thepeak…
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Shot on location 🎥 - The U.S. could implement a movie tariff, A sneaky $9 billion sale.
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14:24Lights, camera… confusing tariff action! On the precipice of an ugly boardroom battle, one of Canada’s largest retailers is trying to pull off an 11th-hour deal. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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New ownership 💲- Canada Tire could buy The Bay, Delivery gets autonomous.
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6:58
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6:58Your dad’s favourite store is looking to scoop up the scraps of Canada’s oldest company. Canada’s biggest city will be a testing ground for a new type of delivery driver. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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Wexit strategy 👋- Alberta flirts with separatism, Canadian deep-sea miner seeks approval
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20:05The separatist movement in Québec may be dying down, but in Alberta, the idea of a divorce from Canada is picking up steam. A two-decade-old movie was the second-highest-grossing film in North America this past weekend. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO…
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100 long days 💯 - Trump spats with Amazon at 100-day mark, Old movies do new business.
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6:58Yesterday marked President Donald Trump’s 100th day in office for his second term. A two-decade-old movie was the second-highest-grossing film in North America this past weekend. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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Cheat at everything 🤞- Can AI really help you cheat at life?, Blackout in Europe
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6:33New AI tech promises to make acing interviews or closing sales calls easier. Unfortunately, that convenience may come at the cost of rotting your brain. A massive power outage left much of Spain, as well as Portugal, cloaked in darkness.By The Peak / Curiouscast
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Secret stash 🤫 — Canada plays safe haven for Chinese goods, Tesla has an Elon Musk dilemma
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7:01Like squirrels storing nuts for the winter, Chinese e-commerce sellers are turning to Canada to hoard goods in response to frosty conditions. Tesla investors are hoping Elon Musk is finally giving his bureaucracy chainsaw a breather. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO…
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Not-the-best seller 📚- Amazon flooded with AI-generated politics books, B.C. foresees tourism boom.
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8:11Election AI slop isn’t just flying around on Facebook pages — it’s coming for your Kindles. Vancouver restaurants, Victoria breweries, and Tofino beaches might be a tad more crowded this summer. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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Conclave incoming 👏 — Who will be the next pope?, Buy Canada is tough for Big Tech.
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8:47
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8:47Catholics — and fans of the Oscar-winning hit Conclave — are awaiting a big decision. When it comes to tech, breaking up with U.S. suppliers is hard to do. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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Holy grail 🙌 — Eli Lilly closes in on weight-loss pill, Strava acquires upstart competitor.
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7:41We are one big step closer to a weight-loss pill that actually works. Social media fitness app Strava isn’t able to give great workout advice - but that’s about to change. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOBy The Peak / Curiouscast
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Still for sale 🏘️ — Home sales slow, Canadian pension funds turn on the US
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8:09
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8:09Amid recession worries, a global trade war, and a softening job market, Canadians aren’t buying homes. Just like shoppers at the grocery store, Canada’s pension funds are feeling a little uneasy about buying American at the moment. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO…
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Breaking up is hard to do 💔 — Farmers have a weed problem, Meta changes relationship status
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8:12Farms around the world could lose their go-to weed-fighter any day now. Antitrust regulators want Facebook, Instagram, and WhatsApp to block and unfollow each other. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TBy The Peak / Curiouscast
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Liberation Day 🇺🇸 — The world prepares for Trump’s tariffs. Rogers is all in on sports.
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7:47
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7:47“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.By The Peak / Curiouscast
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Zombie brands 🧟♀️ — Napster sale is a blast from the past, AI flexes its medical talents.
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7:00In 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/MNdYA3TOBy The Peak / Curiouscast
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100% bankrupt 💵 — Canada won’t be let off the tariff hook, 23andMe files for bankruptcy.
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6:41
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6:41The 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.By The Peak / Curiouscast
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The race is on 🗳️ — Carney calls an election, WestJet searches for pilots.
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5:16The 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.By The Peak / Curiouscast
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Staying put 🇨🇦 — Canadians don’t want to fly to the U.S., Generic Ozempic is coming.
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8:34
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8:34Canadians 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 …
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Retaliation 🥊 — Canada responds to U.S. tariffs, Montréal looks to boost biotech biz.
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7:43
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7:43The 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-kee…
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NHL goes global 🏒 — The NHL returns to the global stage. Airlines bet on summer in Canada.
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6:32The 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.By The Peak / Curiouscast
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Deregulation 🤖 — Tariffs come for Canadian steel. AI shifts from regulation to innovation.
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6:40Just 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.By The Peak / Curiouscast
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Buy Canadian 🇨🇦 — Savvy shoppers look for alternatives, Canadian tech startups grow up.
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15:36
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15:36From 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.By The Peak / Curiouscast
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Tariffs averted (for now) 🏭 — Tariffs delayed until March 1. Tims brings back classic Roll Up to Win cups.
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5:51
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5:51We 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.By The Peak / Curiouscast
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Down 16.86% 📉 — AI stock rally takes a turn. The ski business is on thin ice.
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25:19
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25:19A 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.…
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Postal dis-service 📬 — Canada has a drug problem. Canada Post needs a helping hand.
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5:19
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5:19Entrepreneurship 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?By The Peak / Curiouscast
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Dr. Internet 👩⚕️ — Public sector lay-offs are on their way. MEC is back on the market.
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6:47
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6:47The 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.By The Peak / Curiouscast
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Not today 💸 — Trump puts a pause on tariffs, Cricket goes mainstream in Canada.
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6:06
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6:06On 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 th…
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Jumping ship 🚢 — TikTok users flock to a new home. Natural disasters spike insurance prices.
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6:58
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6:58With 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.…
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Still friends 🇺🇸 — Ghost listings flood LinkedIn. Float is floating higher after its latest raise.
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10:12LinkedIn 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.By The Peak / Curiouscast
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Where’s the beef? 🛒 — Canadian grocers caught overcharging for meat. Canadians face new U.K. travel rules
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6:28
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6:28If 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.By The Peak / Curiouscast
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Tit-for-tat 🇺🇸 — Trump gears up for tariff war. The B.C. startup fighting diabetes with 3D printers
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26:46With 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, Dep…
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Tru-done 👨💼 — Trudeau calls it quits, Scotiabank says adios to Latin America.
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6:52
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6:52In 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. How…
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Lord of the ring 💍 — Canadian caught up in encryption crimes. Oura ends banner year with a bang.
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6:25
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6:25In 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.…
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Money, crime, tariffs 💵 — What you missed in the economic update, Tow truck turf wars spark violent crime.
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6:42
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6:42With 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.By The Peak / Curiouscast
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Freeland resigns 👩⚖️ — What’s next for the Liberal party, Canada Post gets back to work.
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6:46
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6:46We 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.By The Peak / Curiouscast
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Brain chips 🧠 — Neuralink comes to Canada, Small businesses get a boost.
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6:08Elon 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.By The Peak / Curiouscast
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Cheese heist 🧀 — Thieves keep stealing cheese, Canada and Romania’s nuclear deal.
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5:47
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5:47North 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.By The Peak / Curiouscast
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Uranium money ☢️ — Spotify takes on video content, Canada’s mega-rich in uranium.
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6:17The 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.By The Peak / Curiouscast
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Ports in a storm 🚢 — Ottawa puts an end to port strikes. Canada’s hydro exports are drying up.
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5:53
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5:53For 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.By The Peak / Curiouscast
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Climate funds ☀️ — This climate summit is all about the money. Free public transit picks up traction.
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6:36
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6:36As 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…
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Bell’s new buy 📞 — Bell buys its way into the U.S. Big Oil could get an emissions cap.
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11:43
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11:43Bell 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.By The Peak / Curiouscast
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Bottoms up 🍷 — Winemakers push back on teetotalling. Buffett is stacking his cash.
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17:58
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17:58With 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.By The Peak / Curiouscast
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Loonie lunacy 💵 — The loonie hits a four-year low, Cruise lines invest in private islands.
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5:21Like 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.By The Peak / Curiouscast
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Up in the air 🛫 — U.S. economy stays strong ahead election. Canada welcomes back Chinese flights.
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11:20As 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.…
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Big fish 🐠 — Shopify is trawling for bigger fish. Robots may help Canada's housing crisis.
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6:41The 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?By The Peak / Curiouscast
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Sick day 🤒 — Doctors are sick of sick notes, Canada Post strike
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8:41The 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.By The Peak / Curiouscast
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Doors Closed 🚪 — Ottawa slows its roll on immigration, Everybody wants to know about the weather
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8:01
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8:01For 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…
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Québec vs. Goldman ⚜️ — A fight over Northvolt money, The return of the house hippo.
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7:33Swedish 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 everythin…
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Deciding factor 🗳️ — Democrats campaign in Canada, Soccer fandom goes international.
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7:48
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7:48With 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 kn…
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Edible Content 🍗 — Restaurants get into streaming and digital duties.
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19:24
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19:24There’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/MN…
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