The Peak Daily
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The Peak Daily
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.
Recent Episodes
1001 episodesThat’s so retro 🍕 - Pizza Hut is cashing in on the ‘90s nostalgia wave, There’s a fight brewing over Canada’s streaming rules
In today’s episode, we dig into Pizza Hut’s retro restaurant revamp and why ’90s nostalgia is proving to be a powerful sales strategy. Then, we break...
Always watching 👀 - Disney gets dinged for theme park surveillance, PEI potatoes are under attack
Today on The Peak Daily, we break down what it means when theme parks start using facial recognition and AI cameras, as Disney faces a lawsuit over pr...
Big air 💨 - Airbnb unveils big overhaul, Cottages are the new starter homes.
Today on The Peak Daily, we break down Airbnb’s biggest overhaul yet and what it means as travel apps race to become “super-apps.” Then, we look at wh...
Fighting shape 🥊 - Cohere breaks into the biotech biz, Canada’s army is getting a makeover.
Cohere is making a bold move into biotech with the acquisition of Montreal’s Reliant AI, aiming to bring agent-powered tools to drugmakers. Plus, Cana...
Boo birds 🐦 - Young people are turning on AI, The proxy battle for Lululemon heats up.
On today’s episode of The Peak Daily, we look at why recent grads are turning on AI — and what that backlash says about a brutal entry-level job marke...
Electric feel ⚡ - New plan to double Canada’s electricity generation, A $20 hearing aid is for sale
Today on The Peak Daily, we break down Ottawa’s new plan to double Canada’s electricity generation by 2050, and why it could reshape costs, climate po...
Dude, where’s my carbon price? 🏭 - Alberta carbon pricing deal clears for new pipeline, MBAs are on sale.
Today on The Peak Daily, we’re breaking down Ottawa and Alberta’s industrial carbon pricing deal and what it means for a proposed new west coast pipel...
Tokenmaxxing 🪙 - Amazon employees fudge AI tool usage, Dunkin’ returns to Canada.
In today’s Peak Daily, the rise of “tokenmaxxing,” as Amazon workers allegedly pad AI tool usage to look more productive, and what it says about how c...
Case (un)closed 🚓- Police corruption threatens to derail prosecutions, Fertilizer shortages are stoking food inflation.
A Toronto Police corruption scandal is forcing prosecutors to review dozens of federal cases, raising the risk that some charges could be thrown out....
Out of stocks 📊 - Can AI pick stocks? And people are very upset about Kevin O’Leary’s giant data centre.
Today on The Peak Daily, we break down the backlash to Kevin O’Leary’s massive “Stratos” data centre project in Utah, and what the politics of power,...
Boomerang generation 🪃 - Young adults aren’t leaving the nest, Ontario preps for big nuclear plant.
Today on The Peak Daily, we unpack the rise of the “boomerang generation” as more Canadians in their late 20s and 30s move back in with their parents,...
Another Canadian EV plant bites the dust, Landlines make comeback for kids.
Today on The Peak Daily, we break down Honda’s reported decision to shelve its planned $15B EV complex in Ontario, and what that signals for Canada’s...
Regulators, mount up 🙅♂️ - The U.S. wants to regulate AI after all, Meta turns to facial scans for age checks.
The U.S. signals a possible pivot toward AI oversight, with talk of government reviews for new models and Big Tech sharing early versions with federal...
Stable condition 🪙 - A loonie-pegged stablecoin has arrived, Canadian cattle ranchers got beef
We break down the first Canadian-dollar-backed stablecoin, CADD, and what a loonie-pegged token could mean for crypto adoption and Canadian financial...
Big Flex 🚘 - North American automakers left behind at world’s largest auto show, a tax change that could change business ownership in Canada
Today on The Peak Daily, we’re heading to Beijing’s massive auto show to see why China’s EV makers are pulling ahead, and what it could mean for North...
Goblin mode 👺- Canada takes on financial crime, ChatGPT won’t shut up about goblins.
Canada is getting serious about fighting white-collar crime with a new Financial Crime Agency, and OpenAI is trying to rein in a strange side effect o...
Elevator pitch 🛗- Proposed merger rattles the elevator industry, Canada banks on defence.
Today on The Peak Daily, we break down a proposed mega-merger that could reshape the already concentrated elevator industry — and why Canada’s chronic...
Do the robot 🤖 - OpenAI misses revenue targets, Canada needs to get serious about robots
In today’s episode of The Peak Daily, we dig into the warning signs behind OpenAI’s massive spending spree as the company reportedly misses key revenu...
Spread the wealth 🏦 - Canada gets a sovereign wealth fund, Spotify and Peloton team up.
In today’s episode of The Peak Daily, we break down Ottawa’s new Canada Strong Fund — the country’s first-ever sovereign wealth fund — and what it cou...
Slow your scroll 🖱️ - Manitoba rolls out youth social media ban, Ottawa is on the hunt for infrastructure projects
Kids in Manitoba are about to find out what it was like growing up in a world without TikTok or ChatGPT.
Got a great idea for a large-scale inf...
It’s all coming back to me now 🤑 - Foreign cash returns to Canada, Chinese phonemaker wants a piece of the action.
In today’s episode of The Peak Daily, we break down why foreign investors are returning to Canada — including a planned $1B bet on infrastructure and...
We’ll take it from here 🤖 - Meta workers are training their AI replacements, A new Canadian startup lobby.
We break down Meta’s latest push toward AI agents — and what it could mean for human jobs — plus the growing fight over how Ottawa should deploy $750M...
Running interference 🖥️ - YouTubers push U.S. annexation, Silicon Valley builds its own media sphere.
In today’s episode of The Peak Daily, we unpack a viral (and likely AI-generated) YouTube network pushing the idea of Alberta becoming the 51st U.S. s...
One man’s trash 🗑️- Canadian startup scoops Big Pharma rejects, Canada’s military gets recruit boost.
In today’s episode of The Peak Daily, we look at how a Toronto biotech is using AI to rescue promising drug candidates that Big Pharma left behind — a...
Where’s the beef? 🥩- Beef prices are soaring, Sam Altman’s human ID startup gains traction
In today’s episode, we break down why beef prices are still climbing — and why Canadians may need to swap burgers for hot dogs this summer. Then we lo...
Feature presentation 📽️- Cineplex is for sale, Canadian health food spot expands across the border.
Canada’s biggest movie theatre chain, Cineplex, is exploring a potential sale or merger — a move that could put much of Canada’s box office in foreign...
New playbook 📖 - The boardroom playbook comes for pro sports, Anthropic laps OpenAI.
Today on The Peak Daily, we break down how a “boardroom playbook” is reshaping pro sports decisions in Toronto, why Anthropic may have surged ahead in...
Custom cars 🚘 - Canada cracks down on crypto fraud, Rolls-Royce rolls out one-of-a-kind EVs.
Canada’s financial watchdog ramps up a crackdown on crypto-fraud money services businesses, while luxury automakers like Rolls-Royce cash in on the bo...
Take the wheel 🛞- Waymo eyes Toronto expansion, Discount grocery stores are multiplying.
Today on The Peak Daily, we break down Waymo’s push to bring robotaxis to Toronto, and why it could be a turning point for autonomous ride-hailing in...
Not So Straight 🚢- US blockades Hormuz , annoyance economy is costing you
Today on The Peak Daily, we break down the U.S. move to blockade the Strait of Hormuz and what it could mean for global shipping, oil prices, and mark...
We’re so back-berry 🫐- BlackBerry is profitable again, BDC puts the life back into life sciences.
Today, we’re breaking down how BlackBerry is back in the black thanks to its QNX vehicle software business, and why the company’s pivot to “computers...
The Robot, The Myth 🤖 - Anthropic holds back model release, Air Canada's new dispute
Today on The Peak Daily, we look at why Anthropic is keeping its powerful new AI model, Mythos, under wraps amid hacking fears, and what that could me...
Flock together 🎼- Bill Ackman pursues Universal Music, Canada’s first virtual gated community.
Today on The Peak Daily: why Bill Ackman wants to take a swing at Universal Music Group, and what a potential US$64B deal could mean for the future of...
Time to unplug 🔌- Alberta’s separatist movement hits a snag, Bars and cafes get patrons off their phones
Today we break down why Alberta’s separatist referendum push could get derailed in court, as the Sturgeon Lake Cree Nation argues the petition violate...
Long goodbye 👋 - The U.S. considers leaving NATO, Nicotine pouches are everywhere.
Today on The Peak Daily, we break down the mounting tension between the U.S. and NATO as President Trump floats an exit that could shake global securi...
Game over 🕹️ - Sophisticated new scam causes panic, Montreal video game company cuts staff.
Today on The Peak Daily, we’re breaking down a new wave of “digital arrest” scams that use fake police-station sets and video calls to intimidate vict...
One small step for man 🌑 - NASA readies for lunar launch, The energy crisis is about to get worse.
Today on The Peak Daily, we break down NASA’s Artemis II mission as it prepares to send four astronauts, including Canadian Jeremy Hansen around the m...
Left turn ⬅️ -The NDP elects a new leader, Chatbots are fuelling our delusions.
In today’s Peak Daily: Canada hits NATO’s 2% defence spending target for the first time, committing $84B over five years as Ottawa rethinks reliance o...
Hitting the mark 🎯 - Canada reaches its defence spending goal, Indigenous procurement is under fire.
In today’s Peak Daily: Canada hits NATO’s 2% defence spending target for the first time, committing $84B over five years as Ottawa rethinks reliance o...
Predict this 🎰 - Wealthsimple wants in on prediction markets, OpenAI’s Disney deal blows up.
Canada is getting its first mainstream prediction markets, with Wealthsimple clearing a key regulatory hurdle and raising fresh questions about oversi...