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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

8:28

Silicon Valley Bank Explained 🏦 —SVB fails. A...

The Peak Daily ·

2023/03/13

We explain the collapse of Silicon Valley Bank. Headlines announcing layoffs continue to crowd our feeds, and yet there are very few signs of cracks in the Canadian and US labour markets… so, what gives? Remember floppy discs? You might not! Used to store data way before the cloud and USBs, they haven't been commonly used since the 90s. But they're still kicking. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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9:09

Supercharger 🔋 —New type of battery. Scammers are...

The Peak Daily ·

2023/03/10

Imagine this: A future where your phone battery is so good that you never have to get through the day on a 10% charge again. Online purchase scams were the leading type of scams in Canada last year, per the Better Business Bureau, but a more dangerous contender is now coming for the crown. An acclaimed researcher has adjusted his happiness hypothesis with inflation, and then some. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:34

You’re fired 🧑‍💻 — New gun legislation in Alberta....

The Peak Daily ·

2023/03/09

Alberta has introduced new legislation to give itself more power over gun control. Who blew up the Nord Stream pipelines? US officials say they have new clues. We regret to inform you that Twitter drama has reached unfathomably silly new levels. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:20

Big plastic 🥤— Global birth rates are down. Big...

The Peak Daily ·

2023/03/08

Global birth rates are on the decline, but one Japanese town has cracked the baby-making code. Lawyers for the plastics industry are fighting to make sure your kitchen cupboard stuffed with plastic bags stays well-stocked. Even as it deals with that pesky little issue of a potential ban in North America and the EU, TikTok is keeping on and looking for new ways to bolster its domination of Gen Z's eyeballs. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

en

8:17

Personality test 👩‍💼 — Employers are using...

The Peak Daily ·

2023/03/07

Waiting on a promotion? Well, there are two big names you’ll likely have to impress first: Myers and Briggs. Everything must go: Prices on some Teslas are down ~20% since January. From trading hiccups to stablecoin woes, the world’s largest crypto platform has had a rough 2023. And now, after a new report, regulators are circling like sharks before a feeding frenzy. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

en

7:58

Junk food crisis 📏 — Canadian semiconductors get a...

The Peak Daily ·

2023/03/06

As the global semiconductors arms race gets hotter than a ten-year-old laptop trying to run a browser with multiple tabs open, one Canadian chip leader just got a lot less Canadian. Now might be a good time to buy Planet Fitness stock, because over half the world’s population will be either overweight or obese by 2035 if trends hold, according to a new report by the World Obesity Federation. The newest trend sweeping TikTok is yet another example of why you can't trust everything you see

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8:37

Ransom 💰— Public inquiry on electoral interference....

The Peak Daily ·

2023/03/03

A parliamentary committee voted to call on the Prime Minister to open an independent public inquiry into foreign interference in the 2019 and 2021 elections. The Chief Science Advisor of Canada wants to get to the bottom of this UFO business. If you’ve been waiting to order a copy of Prince Harry’s memoir or various home goods of questionable usefulness from Indigo, you’re gonna have to keep waiting. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

en

7:59

Break up 🇨🇳— US companies are breaking up with China....

The Peak Daily ·

2023/03/02

GoerTek, a major Apple supplier, invested millions into a new production plant in Vietnam and is weighing an Indian expansion as it looks to [leave China](https://www.bnnbloomberg.ca/apple-suppliers-are-racing-to-exit-china-airpods-maker-says-1.1889086#:~:text=(Bloomberg) -- Apple Inc.,US company's most important partners.). Netflix’s first stage play will premiere later this year in London’s famous West End. Shopify is revamping its compensation structure to reward individual contributors with the

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7:47

Less rewarding ☕️— Rewards programs are cutting back....

The Peak Daily ·

2023/03/01

We have some terrible, no-good news: rewards programs are getting less rewarding. A new paper in Frontiers in Science details one research group’s case for organoid intelligence—the practice of using tiny clumps of human stem cells to power computers. Provincial budget season is in full swing after Alberta and BC unveiled their #spendinggoals. In case you weren’t watching with popcorn in hand like we were, here’s the lowdown. Celebrating something? Let us know here:

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8:24

War startups 🔫— VCs are funding defence startups....

The Peak Daily ·

2023/02/28

Venture capitalist (VC) money might be drying up—dropping by a third globally last year—but startups are still fetching billion-dollar valuations by tapping into something that never goes out of style: Matters of national security. Twitter laid off another 200 employees—or about 10% of its remaining workforce—bringing the company’s headcount to less than 2,000 from about 7,500 when Elon Musk officially took over the company in October of last year. Big charities like Oxfam, Unicef, and World Vision

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8:30

Plane ID ✈️ — Air Canada wants you to use your face...

The Peak Daily ·

2023/02/27

Air Canada is piloting (and not the in-the-air kind) facial recognition tech for passengers boarding certain flights from Vancouver to Winnipeg. Canada’s inflation rate is cooling, but might prove to be sticky. You may have never heard of Tobias Jesso Jr., but he’s a shining, homegrown example of just how lucrative being a songwriter can be in the age of music royalty sales. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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7:38

No news 📰 — Norway wants a new Northern Air Force....

The Peak Daily ·

2023/02/24

The head of the Royal Norwegian Air Force has a vision for Arctic security that involves Canada, the US, Finland, Sweden, and (of course) 250 ultra-modern fighter jets. Google is testing ways to block Canadian users from seeing news content on Search, as part of a spat with the feds over the idea that tech giants should pay up for linking articles. JPMorgan has told ChatGPT to clear its desk and head on home. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

en

8:54

More Canadians 🇨🇦 — Canadian newcomers are...

The Peak Daily ·

2023/02/23

Canada plans to bring 1.5 million newcomers aboard over the next three years, over 50% of whom will be economic immigrants. But they will face an uphill battle to reach their full potential. A federal agency has very quietly decided that the government shouldn’t be using TikTok. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

en

8:28

4-Day Work Week 📅 — Home Depot employees are getting...

The Peak Daily ·

2023/02/22

Despite a lacklustre earnings report marred by slowing sales, Home Depot will commit US$1 billion towards wage increases for its hourly workers in Canada and the US, with handy hardware helpers set to receive pay bumps later this month. Canada will deploy two naval vessels to the coasts of Haiti that will be tasked with monitoring the waters around the capital city of Port-au-Prince. Data from the largest-ever 4-day work week pilot shows that the 61 UK organizations participating in the six-month

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8:17

Golden visa 🏅 — Portugal gets rid of their golden...

The Peak Daily ·

2023/02/21

Portugal will stop offering so-called golden visas—which grant non-EU nationals residency permits in exchange for investments into the country starting at ~$500,000—in an attempt to tackle a lack of affordable housing. You can now add electoral influence to your list of “things the West and China are fighting about” along with spy balloons, research funding, and real estate investing. If you’ve been on social media, you’ve probably come across a pair of red boots that look stolen off the feet of a

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8:20

Equality ⚽️ — New World Bank Chief coming. CPG prices...

The Peak Daily ·

2023/02/17

World Bank chief David Malpass will step down over a year before his tenure ends, giving the Biden administration a coveted opening to fill by June of next year. Nestlé, the world’s biggest food maker, saw its real internal growth (a measure of sales and consumer product choices) fall by 2.6% last quarter as the company raised prices by 10.1%, its steepest price hikes in decades per Financial Times. The Canadian women’s national soccer team is playing the US tonight in their first game of the

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8:52

Search engine convos 🔎 — Bing is talking to...

The Peak Daily ·

2023/02/16

Tired of having needless arguments that don’t go anywhere with your friends, family, and co-workers? Now you can have them with your search engine instead! If there was a list of groups hoping the Bank of Canada keeps its promise to stop hiking interest rates this year, housing developers would be at the very top. Last year, over 40,000 migrants crossed into Canada through an unofficial border crossing into Québec. In the last six months, the feds have relocated over 5,300 to other

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8:37

Electric union 🚘 — The EU is going electric. Lab...

The Peak Daily ·

2023/02/15

The EU has effectively banned the sale of new gas-powered vehicles after 2035, after approving a law that will force carmakers to achieve a 100% cut in emissions by that time. Lab-grown diamonds are pretty darn close to the real deal. Complete global dominance of the maple syrup market isn’t enough. Canada wants to be a leader in artificial intelligence (AI) too. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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8:36

AI valentine ❤️ — Bed Bath and Beyond is over in...

The Peak Daily ·

2023/02/14

After 15 years of Bed Bath & Beyond (BB&B), Canadians will have to start looking elsewhere for avocado slicers, onion choppers, and any other bizarre kitchen gadgets under the sun. Real estate developers say new rules aimed at boosting the housing supply may actually have the reverse effect. Technology has come a long way since the phrase catfish entered the cultural lexicon over a decade ago, and now cybersecurity and fraud experts are warning that new and advanced AI tech might have the potential

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8:10

Marketing bowl 🏈 — The biggest event in marketing. A...

The Peak Daily ·

2023/02/13

Fox is expected to rake in ~US$600 million after selling out of its Super Bowl ad slots. The average cost of a 30-second spot was pegged at US$6.5 million, and some ended up going for over $7 million. Canada added 150,000 jobs in January, obliterating analyst expectations which projected a measly gain of only 15,000 jobs. Delivery apps and financial tech are out. For some investors, daycare is in. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

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