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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

Slow build 🏡 — Canada continues China crackdown, Amazon gets into budget groceries.

According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Sep 11, 20247 min

Degree return 🎓 — Returns on some degrees is shrinking, Torontonians lose to fake taxis.

According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Sep 10, 20248 min

Suspicious cargo ✈️ — New rules on European cargo, Rexall has a new owner.

According to Transport Canada, there’s something fishy about the air cargo shipments coming from Europe lately. And no, we’re not talking about crates of Italian sardines. For many years, Rexall has been living in Shoppers Drug Mart's shadow, but the chain’s new ownership could help revitalize its position in the Canadian market. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Sep 06, 20246 min

Table for one 🍴 — Restaurants react to solo dining, China goes after Canadian canola

Eating by yourself at a restaurant used to be a shameful experience that let all the other diners know you were a friendless social pariah. Nowadays, it’s a totally normal thing to do. In the latest round of Chinese-Canadian trade warfare, China is hitting Canada where it really hurts: its 20 million acres of canola fields. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Sep 04, 20247 min

Power hungry 💻 — Alberta wants to host Big Tech’s data centers .More than half of Fortune 500 companies say AI poses a risk to their business

With data centers expected to soon use as much power as all of Japan, Alberta is pitching itself as the perfect home for the energy-intensive setups. Like a nervous teenager before a first date, big companies are more scared than excited about the impact of AI on their business. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Aug 19, 202423 min

Missing bars 🍫 — Disappearing Melona bars, BYD eyes Canadian market

Melona bars successfully went from cult fave to grocery freezer mainstay. But why have the cool and creamy Korean desserts been so hard to find in stores over the past month? As the feds weigh slapping steep tariffs on EVs made in China, BYD has decided to set its sights on the Canadian market anyway. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Aug 01, 20248 min

Treaty settlements 💵 — Ottawa could owe $126B, New movies make millions. “Deadpool & Wolverine” reverses the movie summer slump

A landmark Supreme Court ruling could set a new bar for the costs of economic reconciliation in Canada. Less than a year after releasing The Marvels, the worst-performing film in Marvel’s history, the superhero studio has landed the best opening box office weekend of 2024. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jul 30, 20247 min

Tech tumbles 📉 — Technology stocks take a tumble. Bank of Canada cuts rates again.

In the 2003 hit movie Freaky Friday, a mother and daughter played by Jamie Lee Curtis and Lindsay Lohan wake up one morning and find their lives have been switched. In March 2022, Bank of Canada Governor Tiff Macklem said aggressive rate hikes were needed to quickly tamp down inflation, but that they’d only be temporary. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jul 25, 20247 min

Potayto, potahto 🗑️ — Ford chooses pick-ups over EVs.

Like a legacy rock band trying to cater to their audience, Ford is sticking to the hits at the expense of the new stuff. Alberta may be known mostly for its mountains, big steaks, and rodeos, but these days, it’s found itself a new claim to fame: potatoes. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jul 19, 20247 min

Waste-less 🗑️ — Home construction slows, Grocery giants tackle food waste.

Nearly every government in Canada — at all levels and all political stripes — say they want more houses built. New data from the Canada Mortgage and Housing Corporation (CMHC) shows the opposite is happening. More grocery stores in your neighbourhood could soon be offering you oddly shaped tomatoes and soon-to-be-expired cartons of yogurt for cheap. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jul 17, 20247 min

On the nose 👃 — Walmart introduces sensory-friendly hours.

Will future generations know the unrivalled thrill of getting a crisp $50 bill from your grandma on your birthday? We’re not so sure. Walmart has made itself more attractive to shoppers who hate bright fluorescents and buzzing PA systems. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jul 09, 20248 min

Temporary residents 🇨🇦 — Has Canada reached peak immigration?

Canadian employers are planning to hand out fewer promotions this year than in 2023, leaving less opportunity for a new crop of entry-level employees to get their foot in the door. Canada’s surge in temporary residents might be, well, temporary. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 20, 20247 min

Money bags 💰 — Canadian households got richer last quarter.

With foreign fast food brands like Shake Shack, Pret A Manger, and Jersey Mike’s entering the Canadian market in recent months, the battle for your lunch money is getting heated. Western countries are taking the ‘if you can’t beat ’em, tax ’em’ approach to Chinese electric vehicle competition. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 14, 20245 min

Peak oil 🛢️ — How to stop Chinese EVs. Stopping the Chinese EV takeover.

A new report paints a future where oil will be less like ‘black gold’ and more like ‘black tin’ — still valuable, but not that valuable. Western countries are taking the ‘if you can’t beat ’em, tax ’em’ approach to Chinese electric vehicle competition. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Jun 13, 20248 min
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