The Peak Daily - podcast cover

The Peak Daily

The Peak / Curiouscastanchor.fm
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.
Last refreshed:
Follow this podcast in the Metacast mobile app to refresh it and see new episodes.
Download Metacast podcast app
Podcasts are better in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

Hard cap 👩‍🎓 — Feds ponder international student cap, Olympics get 0% beer sponsor.

The federal government will look at capping the number of international students admitted to Canada in the coming months, Immigration Minister Marc Miller told reporters, saying the system “has gotten out of control.” The world’s biggest brewer is hoping that their newest sponsorship deal will capture sports fans who may be considering extending their Dry January’s. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jan 15, 20248 min

Five stars ⭐️ — Amazon’s illegal best-sellers. Chinese mines in Canada.

Amazon has rightfully earned the title of “the everything store.” Unfortunately, everything happens to include illegal weapons. A year after Canada — Playing the role of the protective dad— told Chinethe Canadian government is deciding who are acceptable suitors for the country’s top mining companies. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jan 12, 20249 min

Red sea tensions 🚢 — Red Sea tensions escalate, Canada’s first at-home HPV test.

Rebel attacks on cargo ships in the Red Sea have been mucking up global trade for weeks, and Western powers have officially had enough. You can work from home, take classes at home, and even exercise at home. And now, in B.C., you can even do your routine medical tests from home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jan 11, 20248 min

Trouble in the air 🛬 — Boeing 737 woes. Deloitte workers face the bots.

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

Jan 10, 20249 min

Trouble in the air 🛬 — Boeing 737 woes. Deloitte workers face the bots.

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

Jan 09, 20249 min

Slippery slopes — Skiing hits a new tax bracket, Apple faces bumpy road ahead.

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

Jan 08, 20248 min

What’s the Santa Claus Rally? 🎅 — Why investors are worried about markets.

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 scrutiny, but their pioneer-like inhabitants insist they just want cheaper housing. Celebrating someth...

Dec 22, 20238 min

$2.5B drone investment ✈️ — A town powered by thermal energy, Ottawa delays innovation funding.

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 Ketchup,chips on his mother's stove.)! Unfortunately, innovation funding continues to be a serious cha...

Dec 21, 20238 min

Cancelled holiday parties🎉 — Shipping attacks disrupt trade, Zoom gets booted off the Nasdaq.

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 virtual trivia. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Dec 19, 20239 min

Motor mandate 🚗 — Canada sets 2035 EV target, Why H&M is moving up-market. There’s panic in the Red Sea.

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://thepeak.typeform.com/to/MNdYA3TO

Dec 18, 20238 min

Canada’s biggest art fraud 🎨 — Hockey Canada sponsors are back, Rogers to roll out satellite access.

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 million Canadians without reception, Rogers is making amends by bringing cell service to the deepest cor...

Dec 15, 20238 min

Double down 🇰🇷 — Tim Hortons goes to Seoul, Woldcoin links with Reddit, Trouble in maple syrup

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 come crashing down like a stack of flapjacks that was piled too high. Celebrating something? Let us kn...

Dec 14, 20238 min

Building homes 🏠 — A wartime housing effort, AI enters newsrooms, Controversy at COP28.

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 something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Dec 13, 20237 min

Jammed 🐄 — BlackBerry’s new strategy, Cow burp credit plans, TikTok hits spending milestone.

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: https://thepeak.typeform.com/to/MNdYA3TO

Dec 12, 20239 min

Sho close ⚾️ — EU passes landmark AI regs, Shohei nabs record-setting contract. Tesla fights a scandi-insurgency.

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 seafood is the right to collective bargaining agreements. Celebrating something? Let us know here: http...

Dec 11, 20238 min

McMakeover 🍟 — Governments play iSpy, International student rules, McDonald’s has a new cafe.

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 us know here: https://thepeak.typeform.com/to/MNdYA3TO

Dec 08, 20239 min

Do better 🏥 — Beer biz is going flat, Canadian healthcare lags, A year of cyberattacks.

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 something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Dec 07, 202315 min

Rom-commerce 🛍️ — Math scores are falling, Walmart’s shoppable show, A plan for 2024 wildfires.

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 Ottawa trying to get more assistance before the next wildfire season. Celebrating something? Let us kn...

Dec 06, 202315 min

Hit the gas ⛽️ — New methane rules, A new era of food, Crypto bounces back.

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

Dec 05, 20237 min

Carbon capture 🏭 — Carbon removal now critical to hitting climate goals, scientists tell COP28. KISS avatars herald weird new digital age for music industry. Foreign actors drive the digital divide.

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 a digital proxy to perform for them. Foreign bad actors have been studying our culture and have come...

Dec 04, 20238 min

McDonalds makeover 🍔 — Dropping your living standards. McDonald’s moneymaker gets a makeover. Dissecting the digital dollar debate.

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 hard at work devising digital currencies. Celebrating something? Let us know here: https://thepeak.typ...

Dec 01, 20238 min

Media saved 📰 — A new news deal. A year of Chat GPT. Digital tax spat.

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 town. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Nov 30, 20237 min

Flying cooking oil ✈️ — Scotiabank earnings don’t bode well. Virgin flight lifts off powered by cooking oil. The Windsor’s battery plant drama

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 overhyped. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Nov 29, 20238 min

Mining crisis ⛏️ — Panama’s mining crisis, explained. Consumers go big on Black Friday. Alberta flexes its sovereignty.

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… Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Nov 28, 20239 min

Dairy victory 🐮 — Canada wins diary dispute with US. Scientists develop electronic nose to prevent food poisoning. The limit does not exist for Germany’s spending.

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 turning a blind eye to its credit limit and hoping everything turns out okay in the end. Celebrating somet...

Nov 27, 20238 min

Spy trial 🕵️‍♀️ — OpenAI and the case of the mystery letter. Canada’s momentous spy trial comes to a close. A truce between Israel-Hamas starts today.

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? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Nov 24, 20237 min

Ski subscribers 🎿 — Sam Altman is the once and future CEO of OpenAI. Wild pigs are taking over. Ski resorts turn to subscriptions.

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 ensuing debate light up the room. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MN...

Nov 23, 20239 min

Battery breakthrough 🔋— C ya, CZ. Québec just bowled a turkey, ‘cause it’s got three straight strikes. Northvolt makes EV battery breakthrough.

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 update. The Formula 1 Las Vegas Grand Prix happened last week on the Las Vegas Strip. It was F1’s g...

Nov 22, 20238 min

Fall update 💸 — The Las Vegas grand disappointment. Amazon wants you to go back to (AI) school. An update on the fall economic update.

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 update. The Formula 1 Las Vegas Grand Prix happened last week on the Las Vegas Strip. It was F1’s g...

Nov 21, 20239 min
For the best experience, listen in Metacast app for iOS or Android