Statistics Canada's employment data for November says the economy is heating up and jobs are plentiful. Shares in Chinese ride-hailing business Didi plunged by nearly 20% on the news that they would delist from the New York Stock Exchange and instead list on Hong Kong's exchange. Canada's Weston Family, the owners of Loblaws, is selling British department store Selfridges to a Thailand-based corporation. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHj...
Dec 06, 2021•11 min
Textbook publishers sued Shopify yesterday over the sale of pirated education materials. Major League Baseball is in a lockout after failing to agree on a new labour agreement. And Canada Goose workers in Winnipeg voted to unionize. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 03, 2021•11 min
Canada's telecom regulator said its introducing new tech to reduce spoofing. BC-based General Fusion, one of the world's leading nuclear fusion companies, raised US-$130 million. Vancouver-based Klue raised US-$62 million from investors, including Tiger Global. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 02, 2021•11 min
Canada's GDP grew at an annual rate of 5.4% last quarter. UK regulators are demading Facebook parent company Meta to sell Giphy. Vancouver-based software startup Spare raised $18 million to build out their micro-mobility software. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Dec 01, 2021•10 min
Canada is teaming up with Mexico to challenge the U.S.' rules to determine where car parts are made. Twitter CEO Jack Dorsey is stepping down and appointing Parag Agarwal as his successor. And Nissan is launching a US-$18 billion electric vehicle initiative.
Nov 30, 2021•8 min
The word of the day is: Omicron. That's the name assigned by the World Health Organization to a new COVID "variant of concern." Canada Goose, the Toronto based premium winter jacket brand, was the number one trending topic on Chinese social media this week with posts about the brand garnering more than 240 million views. Customers are getting more comfortable with new buy now, pay later (BNPL) solutions as vendors saw a huge spike in usage on Black Friday. Celebrating something? Let us know for ...
Nov 29, 2021•9 min
The US is doubling duty rates on Canadian softwood lumber producers. Canadian Pacific and Canadian National have restarted operations in BC, but delays to shipments could last for months. Canada's labour market has over 1 million job vacancies as businesses struggle to scale up after COVID. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 26, 2021•8 min
Elizabeth Holmes testified yesterday during her trial. The Bank of Canada believes investors are adding to price gains in the housing market. Vancouver-based Mangrove Lithium raised $12.6 million from investors, including Bill Gates. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 25, 2021•9 min
TC Energy Corp, the developer of the Keystone Pipeline XL, not to be confused with Keystone Pipeline Medium wants $15 billion from the U.S. government. NASA and SpaceX will try to redirect an asteroid tomorrow. Vancouver-based Rhino Ventures announced a new $120 million fund to invest in Canadian companies. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 24, 2021•9 min
Uber Eats entered the cannabis market for the first time in its history in Ontario yesterday. The Biden administration nominated Fed chair Jerome Powell for a 2nd term. Rogers may sell part of its stake in the Toronto Blue Jays and the Rogers Centre. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 23, 2021•9 min
The aftermath of the worst flooding in decades in B.C. is causing major troubles across the province. Air Canada is spreading its wings to fly out of the government's nest once again, announcing Friday it won’t continue to draw on the fed’s airline bailout program. The Women's Tennis Association is threatening to pull out of China if missing tennis star Peng Shuai is not located. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is pr...
Nov 22, 2021•7 min
Live from the Bet On Canada Summit. Yesterday PM Justin Trudeau met in person with President Joe Biden and Andrés Lopez Obrador for the first time since the pandemic. Toronto-based HiMama raised $70 million in a Series B round. A group of people have created a decentralized autonomous organization to bid on a rare copy of the U.S. constitution. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hos...
Nov 19, 2021•10 min
Rogers' board removed their CEO Joe Natale in the midst of a regulatory review of their takeover of Shaw. Quebecor is moving ahead with its plans to launch a national wireless service which should give customers more options. Apple will begin allowing customers in the U.S. to repair their own devices. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 18, 2021•7 min
Floods in BC may cause delays at the Port of Vancouver, Canada's largest port, which could spell big trouble for our supply chain. Ontario-based Clutch raised $100 million in new funding to grow their used car business. A Russian weapons test created 1,500 pieces of space junk that's now threatening astronauts in the International Space Station. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Ho...
Nov 17, 2021•8 min
Oil giant Shell is moving its headquarters from the Netherlands to the U.K. in a move to shake up its business structure. IBM released its largest quantum computing processor ever as they gear up to launch their first quantum computer in 2023. A private equity firm is buying mattress company Casper to try and turn the brand around. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett ...
Nov 16, 2021•7 min
Pressure is ramping up on top execs of Quebec companies to get a better grasp on both official languages. World leaders signed a new climate agreement at the COP26 summit, which wrapped up over the weekend. Taylor Swift released her re-recoded album, Red, as she battles with private equity firms to regain control over her music. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Cha...
Nov 15, 2021•8 min
Ontario-based Telesat plans to go public in Canada to support their Low Earth Orbit expansion plans. A union for thousands of workers at Cargill, a beef plant in Alberta, said they plan to strike next month. EV maker Rivian's valuation jumped to US-$86 billion in its public debut yesterday. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 12, 2021•6 min
U.S. inflation hit 6.2% in October compared to year before, the fastest increase in 30 years. Ontario-based generic drugmaker Apotex is considering a sale. And Evergrande's grace period to pay interest payments to overseas bond holders expired yesterday, meaning the second largest developer in China is now in default. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay ...
Nov 11, 2021•6 min
Amazon Web Services will open its second Canadian location in Calgary. Health Canada approved Pfizer's booster shot paving the way for province's to begin administering to the whole population. Shell will begin constructing a solar farm in Alberta next year to power its new refinery. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 10, 2021•7 min
IKEA invested $115 million in Toronto-based Bolt. Elon Musk held a Twitter poll on whether he should sell $20 billion in Tesla stock. Helion Energy raised US-$2.2 billion to commercialize its fusion energy technology. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 09, 2021•7 min
A BC Supreme Court judge ruled that Edward Rogers can replace five of the independent directors of Rogers, which gives Ed, the son of founder Ted Rogers, full control of the company. Pfizer announced that its pill to treat COVID-19 had been found in clinic trials to be highly effective.Tesla is opening a battery equipment plant in Ontario, its first Canadian site. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Me...
Nov 08, 2021•7 min
Former central banker Mark Carney has built an alliance of 450 companies who pledge to focus their investments on achieving net zero carbon emissions. Montreal-based tech darling Lightspeed POS is struggling as its stock tanks 30% after the company released a poor revenue forecast. And a judge has denied Canadian celebrity-chef Mark McEwan’s restructuring plans for his restaurant, grocery and events business Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/...
Nov 05, 2021•8 min
Toronto-based Float raised $37 million from investors, including Tiger Global. Crypto mining company Compass is opening a new mining operation in Ontario. Voters in Maine have rejected a proposal for a new power corridor which would carry Quebec hydroelectricity to New England. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 04, 2021•7 min
Generac buys Toronto-based Ecobee for $770 million after the company struggled to compete with Google and Amazon. Two companies are vying for a potential acquisition of Vancouver-based Millennial Lithium Corp. And consumer groups and Bell are urging Canada's telecom regulator to hold off on an upcoming hearing of the Rogers-Shaw merger. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by B...
Nov 03, 2021•7 min
The Rogers family feud is going to the BC Supreme Court as Ed Rogers fights for control. Digital Currency Group raises $700m to become the 'Standard Oil of Crypto'. And Rogers and Videotron are suing each other over breach of contract. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 02, 2021•7 min
The G20 met in Rome to discuss pandemic relief and initiatives to fight climate change. The Canadian Dairy Commission recommends that regulators raise dairy rates to account for higher costs on raw materials. And a bad earnings quarter has lost Apple their title as the world's most valuable company. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Nov 01, 2021•7 min
Shopify missed earnings expectations after a record year. Vancouver's Hootsuite is considering raising $200 million to go public. And Facebook changes their name to Meta to reflect their pivot to a metaverse company. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Oct 29, 2021•7 min
The Bank of Canada announced that they'll be ending their stimulus program and quantitative easing. Ottawa-based Fellow raises $24 million for their meetings SaaS tool. And the University of Toronto announces that their endowment is divesting from fossil fuel investments. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Oct 28, 2021•6 min
Tim Hortons latest earnings report shows a drop off of sales in downtown cores while a surge in demand in suburban and rural areas as Canadians continue to work from home. GM is building up 40,000 charging stations in the US and Canada to better compete with Tesla. And George Weston is selling their bread business to FGF Brands for $1.2 billion, marking the end of a bread era. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produ...
Oct 27, 2021•6 min
Quebec-based Cenderel bought Cominar REIT in a sign that commercial real estate is once again on investors' radar. E-sports content creators Faze Clan are going public in a $1 billion deal. And Hertz is modernizing their fleet with a 100,000 Tesla purchase. Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Oct 26, 2021•6 min
