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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.
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Episodes

Budget day 💸  —  Happy Budget Day, one and all. Canada says 'bienvenue' to Francophone immigrants.

It’s Budget Day 2024, and the theme for this year is "generational fairness.” While that’s not as exciting a theme as “year of efficiency” or “murder mystery,” it does sound like a nice idea. Everybody knows that Canada needs more healthcare workers, more homebuilders, and… more French speakers? Driving Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 16, 20247 min

Crabby 🦀 —  Feds pledge billions for AI. It’s a good day to be a crab.

Crab fishers in Newfoundland and Labrador are sick and tired of being pinched — not by crabs, but by what they feel are unfair industry pricing practices. The federal government sees your $20 per month ChatGPT subscription and raises it by a couple billion dollars. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 10, 20249 min

Firepower 🇨🇦 —  Canada ups defence dollars. New RBC CFO.

After catching flack for not spending enough on defence, the feds fished around their proverbial couch cushions and came up with a hefty chunk of change. While RBC has been focused on formalizing its new relationship with HSBC, a secret relationship among the bank’s highest ranks has shaken up the executive team. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 10, 20249 min

Throwing shade 🌑 —  The solar eclipse economy is booming. Construction is getting entrepreneurial.

Total Solar Eclipse 2024: A once-in-a-lifetime chance to witness the celestial event, and a great excuse to stick an Oreo on a doughnut and charge extra for it. With Canada rushing to build housing, it should be no surprise that some entrepreneurial minds feel like it’s a business worth getting into. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Apr 05, 202410 min

Light speed 🛫 — Trump’s trade tax. Supersonic travel could be back soon.

A drastic Donald Trump campaign promise has got the feds in a frenzy (and no, it’s not about building a really big border wall). We’re one step closer to being able to fly from Vancouver to Tokyo in 6 hours — barely enough time to get through two in-flight movies (or one recent Scorcese flick). Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 25, 20248 min

LinkedIn’s next play 🎮 — LinkedIn is getting into games. Selling energy to Germany.

Attention all you jobseekers and headhunters out there: invest in a headset, a gaming chair, and a whole bunch of Mountain Dew Code Red — because LinkedIn is for gamers now. Canada is buddying up with its pilsner-drinking, schnitzel-eating allies to kick-start a new clean energy trade market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 19, 20249 min

Measles is back 💉 — Canada’s got a measles problem, Boeing delays set to hurt travellers.

File this story under “diseases you thought you could stop worrying about”: Experts are worried that a recent surge in measles cases could soon get worse as kids return from the March break holidays. The odds that Boeing’s quality control issues will impact you directly — say, by a panel blowing off your plane mid-flight — are still low. The odds that they’ll impact you indirectly through pricier airfare, however, are quite high. Celebrating something? Let us know here: https://thepeak.typeform....

Mar 18, 20248 min

Canadian pensions love India 🇮🇳 — Why pensions love India, Tax incentives for trades.

Canadian-Indian relations might be, shall we say, testy right now. But you wouldn’t know it from looking at the investments Canadian pension funds are making. While Alberta formally ended its “Alberta is Calling” advertising campaign last year meant to attract workers to the province, the province is still singing a siren’s song. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 14, 20249 min

American meat 🐄 — As Telegram ponders IPO, experts worry about its dark side. American meat labelling rules puts Canada in crosshairs.

Encrypted messaging app Telegram is mulling a U.S.-listed IPO, its owner Pavel Durov told the Financial Times, after surpassing 900 million monthly active users and projecting it will hit profitability within the next year thanks to newfound ad dollars. Some new ground rules from our southern neighbour are putting Canadian cattle at risk of losing their honourary dual citizenship. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 13, 202410 min

How open banking works 🏦 — Canada warms up to open banking. Canada’s missing Chinese tourists.

In next month’s federal budget, the feds are poised to put forward a framework legislation to bring open banking to the financial system. What is that, exactly? We’re glad you asked. Niagara Falls, the CN Tower, and even the world’s largest coffee pot aren’t enough to lure Chinese tourists back to Canada. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 12, 20249 min

Gold rush 🏅 — Gold hits new highs and may not be done yet. Surge pricing could be coming to restaurants despite Wendy’s backlash.

Sure, it’s easy to poke fun at cheesy cash-for-gold infomercials, but maybe the Russell Olivers of the world knew something we didn’t about where gold prices were heading. The plan to bring the excitement of day trading to the experience of buying a Baconator didn’t pan out for Wendy’s, but the concept could be coming to more restaurants soon. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 11, 20248 min

Where are all the IPOs? 💵 — Canada’s military is unprepared. IPO drought on Bay Street.

Like a student taking a final exam despite skipping every lecture, the Canadian Armed Forces are unprepared. The last time the IPO market in Canada was this bad, the sitcom Friends debuted, Forrest Gump hit theatres, and a guy named Jeff Bezos launched a little book shop called Amazon. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 08, 202410 min

Can you force Canadian investment 📈 — Should there be more investment in Canadian business? How to invest in viral songs.

If there’s one thing we all can agree on, it’s that in Canadian business, publishing an open letter to your enemies in a newspaper is one of the most dramatic things you can do. Here's one way to really make your TFSA returns sing: Invest in Beyoncé’s next hit song. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 07, 202410 min

A $70,000 pistachio heist 🥜 — Pistachio heist sparks larger cargo theft fears. Canada’s sports bodies are begging for more cash.

A pistachio heist in Ontario hasn't just raised the eyebrows of people thinking, “Surely, no one could eat that many nuts,” but put businesses on high alert about food cargo thefts. With the Paris Olympics less than five months away, Canada’s sports bodies have put out a plea for more cash. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mar 06, 20248 min

Card games 🃏 — Alberta says “no” to rampant renewables. Sports cards reel in big bucks.

After lifting a seven-month ban on new renewable energy projects, Alberta has introduced rules restricting where future developments can set up shop in order to keep prime agricultural lands for farmers and preserve the province’s “pristine viewscapes.” Sure, trading stocks is cool and all, but have you tried trading your old sports cards? Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Feb 29, 20249 min
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