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The Peak Daily

The Peak / Curiouscast

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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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In 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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Only 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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The 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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Yesterday 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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Like 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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Election 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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We 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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Amid 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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“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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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/MNdYA3TOBy The Peak / Curiouscast
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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 …
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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-kee…
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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.By The Peak / Curiouscast
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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.…
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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 th…
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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.…
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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, Dep…
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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. How…
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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.…
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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.By The Peak / Curiouscast
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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.By The Peak / Curiouscast
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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.By The Peak / Curiouscast
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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.By The Peak / Curiouscast
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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…
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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.By The Peak / Curiouscast
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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.…
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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…
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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 everythin…
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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 kn…
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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/MN…
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