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PODCAST

The Peak Daily

The Peak / Curiouscast

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.

news business news

All Episodes

9:01

CEO Switch 👨‍💼— Loblaws has a new CEO. AI musicians...

The Peak Daily ·

2023/04/19

President’s Choice spokesman and Loblaw President Galen Weston will step back from the day-to-day operations of Canada’s biggest grocer after two years at the helm. In the last few days, a new song featuring Drake and the Weeknd racked up over 600,000 Spotify streams and 15 million views on TikTok. The only problem? The artists didn’t make it. There are many reasons to be proud to be Canadian, but some Canuck companies are feeling a lot less patriotic when it comes to going public these

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9:29

New Samsung Search 📱— Samsung is thinking about...

The Peak Daily ·

2023/04/18

It’s not often that Google's parent company Alphabet takes an L, but yesterday, shares dropped after news of a potential disaster on the AI chatbot front broke. After ten months of withholding funding, the feds are hoping the black sheep of Canadian sports has turned a new leaf. Fair warning to all the hard-working remote workers (we include ourselves in that mix), this new set of remote work data might hurt a bit. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:35

Carplay Collision 🚗 — GM is moving on from Carplay....

The Peak Daily ·

2023/04/17

Your car dashboard is shaping up to be the next front in the fight to own the screens we look at all day. When you think of a warehouse, you probably think of rusted shipping containers or movie fights scenes, not a bountiful harvest. Vertical farming may change that perception. Companies are using the “Santa Claus” method to win over customer service reps, i.e. showering them with practical gifts. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:14

Billion dollar weather business 🌡️— Teck and Glencore...

The Peak Daily ·

2023/04/14

Like a pitcher waving off his catcher’s pitch…Canada’s largest diversified miner is repeatedly fending off the advances of an unwanted suitor. The federal government wants a shiny new battery supply chain for electric vehicles (EVs). Capitalizing on Foxconn’s move away from China might be one way to nab it. “How’s the weather out there today?” might be a simple question to ask, but coming up with an answer is a multi-billion dollar industry. Celebrating something? Let us know here:

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9:09

Day trading tax 📈 — Interest rates stay flat....

The Peak Daily ·

2023/04/13

Tiff Macklem is nothing if not a man of his word. Despite mounting pressures, the Bank of Canada (BoC) kept its promise and continued to hold steady on interest rates. Canadian tax courts are cracking down on TFSA day trading, taking aim at investors that are doing so well that their trades could be classified as a business activity… well, kind of. Big Canola is betting that canola oil will be used to deep fry potatoes and power vehicles. Celebrating something? Let us know here:

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8:31

Review hijack 🛍️ — Interest rates are looking down....

The Peak Daily ·

2023/04/12

High interest rates are hurting wallets, but there may be an end in sight. Supplement-maker The Bountiful Company will pay a US$600,000 fine to the US Federal Trade Commission (FTC) in a first-of-its-kind ruling against “review hijacking” on Amazon. Companies across the country are trotting out all sorts of new incentives to entice workers to trade in their sweatpants and mid-day naps for office life, per The Globe and Mail. Celebrating something? Let us know here:

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6:36

Sleep deals 💤 — Sleep Country makes another deal. And...

The Peak Daily ·

2023/04/11

If you thought tax season couldn’t get any more stressful, the people responsible for getting your returns back are out of office for the foreseeable future. While you were counting sheep, Sleep Country has been busy counting dollars. Something called “The Mr. Big” tactic has a 95% success rate in jailing criminals, but critics want it banned. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:26

Infested mansion 🏠— Apple moves some manufacturing to...

The Peak Daily ·

2023/04/10

Apple’s first-ever retail store in India is set to open any day now, but that’s hardly the only move the biggest tech giant is making into the world’s fastest-growing major economy. When 24 Sussex Drive, the Prime Minister’s official residence since 1951, was shut down over health concerns last year, we thought, “How bad could things possibly be?” The answer: mountains of dead rodents bad. Europe’s strict labour laws are slowing down the international leg of the tech layoff tour. Celebrating

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8:33

The Big Short 💸— Investors are betting against TD....

The Peak Daily ·

2023/04/06

Don’t freak out, but global investors are staking a lot of money on one of Canada’s biggest banks hitting some seriously choppy waters. To paraphrase The Beatles, we can always get by with a little help from our friends… but maybe we shouldn’t rely on them too much. It will soon be easier than ever for Ontarians to find a doctor with a charming accent. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:46

Quiet cities 🏢 — Finland is in NATO. Twitter is...

The Peak Daily ·

2023/04/05

The happiest people on earth have joined the West’s most important military alliance. Today in news we wish was an April Fool’s joke, Twitter is **all in on pay-to-play. Canada’s downtown cores aren’t quite ghost towns, but their office buildings are eerily quiet. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:45

Fighting acquisition 🥊 — WWE is bought. A Canadian...

The Peak Daily ·

2023/04/04

Hot off of WrestleMania, the world’s largest pro wrestling promotion is linking up with the world’s biggest mixed martial arts brand to bodyslam their way to bigger broadcast deals. For Ontario’s Jeremy Hansen, the sky is not the limit. NASA is sending him to [deep space](https://exploredeepspace.com/deep-space-mission-3/what-is-deep-space/#:~:text=Deep space%3A Beyond the Moon,Earth is 3%2C100%2C000 miles away.). Canadian clothier Aritzia is having a moment in the sun, but some clouds are coming in

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7:49

Mobile deal finalized 📱 — Rogers-Shaw is over....

The Peak Daily ·

2023/04/03

The federal government approved Rogers’ ~$26 billion takeover of Telus, and slapped down 21 conditions to ensure the deal benefits Canadians. Bombardier Recreational Products (BRP) reported over $3 billion in revenue last quarter, breaking its record set in the previous quarter of $2.7 billion. Minister of Natural Resources Jonathan Wilkinson warned of a brewing “subsidy war” between the US and its allies in the clean energy space. Celebrating something? Let us know here:

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8:35

Loan sharks 🦈 — AI is taking jobs. China bails out...

The Peak Daily ·

2023/03/31

We’ve got good news and bad news. Good news: Advances in artificial intelligence (AI) promise to boost productivity and global GDP! Bad news: it could cost you your job. Think bailing out banks seems tricky? China’s been bailing out entire countries, according to a new study. With interest rates and the cost of living way up, at least one important number is going down—the maximum interest rate on loans. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:06

AI worries 👾 — Technologists are concerned about the...

The Peak Daily ·

2023/03/30

Kind of like us at an all-you-can-eat sushi restaurant, AI is doing too much way too fast. With warmer weather ahead, Google wants to make sure you don’t get too hot this year. From a green energy push to expanded dental care, the feds put forward ambitious but pricy goals in this year’s budget. They also made it clear who would help pay for it all. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:28

Twitter for you blues 🐦 — We do a federal budget...

The Peak Daily ·

2023/03/29

Strap on a fancy new pair of shoes and step into The Peak’s 2023 federal budget analysis. Like a used car salesman covered in flop sweat in an ill-fitting suit, Twitter is desperately trying to get you to buy what it’s selling. The metaverse might be the next digital media frontier, but Disney has decided to stay put in its Magic Kingdom for now. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:14

New budget 💸— Uber Eats cracks down on virtual...

The Peak Daily ·

2023/03/28

Do you ever scroll Uber Eats, looking for a well-deserved treat, and stumble upon fake-sounding restaurants you’ve never heard of? Well, they are fake… kind of. Officials at the US Federal Reserve and European Central Bank are warning about a potential lending squeeze resulting from turmoil in the banking sector. If you’ve been anxious about your household budget lately, take heart: The federal budget very likely involved some truly stomach-churning decisions. Celebrating something? Let us know

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7:29

Hockey sweater 🏒— New hockey apparel provider. Air...

The Peak Daily ·

2023/03/27

Hockey history is full of iconic rivalries, and the newest one is currently underway: fans vs. the official provider of NHL merchandise. In case bank executives didn’t have enough to worry about these days (read: near-collapse of Credit Suisse), the Bank of Montréal is also trying to stave off a run against Air Miles. The latest Chinese interference drama has offered us a very valuable lesson: always confirm any hot goss you get before spreading it around. Celebrating something? Let us know here:

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7:28

TikTok Trial 📱 — Canada’s GDP per capita goes down....

The Peak Daily ·

2023/03/24

Folks, it’s time to talk about Canada’s gross domestic profit as it relates to you. It turns out, the next “big space” is literally just more space. Yesterday, Congress had its first opportunity to grill TikTok CEO Shou Chew about the company’s relationship with its Chinese owner, ByteDance, its handling of US user data, and the risks it may pose to teens. And, well, we knew we were in for some spicy questions. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:18

Biden in Canada 🇺🇸 — Biden is in Ottawa. AI DJs are...

The Peak Daily ·

2023/03/23

Today, Joe Biden makes his first official visit to Canada since taking office. He’s set to partake in 24 hours of pure, uncut diplomacy, including an address to Parliament. Next time you tune in to The Bear, The Cougar, The Falcon, the Squirrel, The Yeti, or whatever your local radio station is called, don’t be alarmed if the DJ sounds a little bit off. Let’s take a peek behind the curtain and into the exclusive world of private investments. Celebrating something? Let us know here:

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7:56

White Claw Vodka 🍸 — White Claw is going into vodka....

The Peak Daily ·

2023/03/22

With everyone from Mountain Dew to Sunny D now slinging hard seltzers, the leader of this overcrowded market is looking to diversify and capitalize on new trends. Ryan Reynolds isn’t the only producer setting up shop in Canada—camera crews are flocking here in droves. After its “don’t call it a bailout” bailout for Silicon Valley Bank and Signature Bank depositors, the US government is doubling down on its no depositor left behind mindset. Celebrating something? Let us know here:

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