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.
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Stablecoin FOMO 💰- Ottawa opens up to stablecoins, Powerful Alzheimer’s drug gets green light.
Ottawa doesn’t want to miss the boat on a potential Blockbuster-to-Netflix moment in the way people spend their money.
A newly approved A...
Dupe defence 👬- International travel gets invasive, Lululemon trademarks its dupes
Get ready to strike a pose and say “cheese” if you’re heading to the U.S., because any visits to our southern neighbour will soon come with a photo op...
Let’s go Blue Jays 🐦- Businesses cash in on Jays run, Alberta needs more juice for data centres
Blue Jays fans aren’t just ponying up $2,500 for nosebleed seats — they've been on a citywide spending spree.
Alberta’s ambitions to beco...
On ice 🧊- NNHL signs Polymarket licensing pact, Canada could get its first whale sanctuary.
Hockey is the home of league-sanctioned fist fights, toothless athletes, and now, grey-area gambling.
North America’s first-ever whale sa...
Don’t dream it’s over 💤- Another Ontario EV plant ceases operations, The NYT TikTok-ifies the news.
Just a week after Stellantis announced it was halting Jeep production in Brampton, another southern Ontario EV auto plant is on the outs.
...
Longest trial ever ⚖️- Canada’s longest trial rattles B.C. landowners, Ottawa cracks down on fraud.
The ripple effects of the longest trial in Canadian history are starting to rattle some B.C. landowners.
Ottawa is overhauling how it com...
Secondhand status 👐 - Tariffs take a bite out of U.S. auto sector, Luxury brands lose sales to themselves
The U.S. wants to turn the North American auto industry into just the American auto industry — but it might cripple the whole sector in the process.
Call and answer 🤙 - Toronto’s tech talent is luring companies, Canadian Tire brings back HBC blankets.
Canada’s largest city is building its reputation as the Silicon Valley of the North. Who knows, maybe it’ll even get its own HBO sitcom.
...
Next exit 🚘 - Stellantis moves Canadian Jeep production, Netflix dips its toes into podcasting.
Canada’s auto industry just got rear-ended by one of the world’s biggest carmakers.
Netflix signed a deal with Spotify to bring a slate o...
Reach for the stars 💫 - Michelin wants to rank everything, Mejuri sees potential in abandoned gold mines
The French tire company that accidentally became the authority on the world’s best food is setting its sights beyond the dining room.
A t...
Fly me to the moon 🌚 - Canada looks to power the moon, Strava is ready to go public
Canada isn’t content just being an energy superpower on Earth. It wants to run the show in space, too.
Soon, sharing your latest jog on S...
Come aboard 🚉 - Vancouver might have figured out public transit, Strava sues Garmin.
Vancouver seems to have solved part of the puzzle for one of the world’s great frustrations: rush hour traffic.
The running community is...
Feeling drained 😴 - Google rolls out new shopping tool, big money moves
Just as we’ve started thinking about all of the autumnal looks we’d like to show off, Google released a tool to ensure that any sweaters or corduroy p...
Getting serious 🤬 - Ottawa hands out temporary foreign worker fines, How to lobby the feds.
The feds have added some serious teeth to their temporary foreign labour rules.
Being a wingman for domestic companies looking to woo the...
Economic espionage 🕵️ - Landmark Canadian spy trial begins, Regulator looks into FIFA ticket scheme
Spies aren’t all suave operators wearing bespoke suits and driving invisible cars (excuse us, we just rewatched Die Another Day). Sometimes they’re ju...
Caffeine crisis ☕ - AI boom drives up electricity bills, Coffee prices keep on climbing
The impact of the energy-hungry facilities on electricity bills could soon turn them into a political lightning rod.
The five million Tim...
Cracking up 🧨 - B.C. pipeline proposal sows disagreement, Bell to launch satellite cell service.
Remember a few months ago when virtually all of Canada’s political leaders voiced support for big infrastructure projects in the face of U.S. trade th...
Spilled milk 🥛 - Dairy on the negotiating table with U.S., Meta monetizes its AI.
Canada’s iconic milk bag could soon face more competition from the American carton.
To the surprise of absolutely no one, Meta will soo...
What’s next? ➡️ - Alberta’s travelling town halls conclude, A Ponzi scheme in cottage country.
After hitting 10 stops over three months, Alberta’s travelling roadshow of participative democracy is wrapping up.
Telus just turned a Qu...
Movie tax 🍿 - Trump wants tariffs on foreign movies, Telus opens all-Canadian AI data centre.
Canada’s film industry could be the next sector to face tariff disruptions.
Telus just turned a Québec fishing hub into one of Canada’s A...
Power play 🔌 - Rogers eyes standalone sports biz, Old school tech drives a market rally
As the Toronto Blue Jays clinched their division yesterday, their owner was plotting how they’re gonna create one of the largest sports empires in the...
Best of Free Lunch: What The Heck Is Productivity, Anyway?
Peak Pals! We're re-airing some of our favourite episode of the Free Lunch podcast. today we're talking about productivity with William Huggins, a lec...
Best of Free Lunch: A Disturbing conversation about AI
Hey Peak Pals , we've decided to start dropping old episodes of Free Lunch into the feed on weekend. We don't air that podcast anymore, but there are...
Is Canada Post toast? 📬 - Ottawa tells Canada Post to end home delivery, Spotify goes after AI slop.
If you’ve got a dog that loves barking at the mailman, it’s time to sit them down and deliver some difficult news.
The U.S.’s creep towar...
Hasta-la-Visa 👋- U.S. adds $100,000 fee for visas, Canadians are bullish on entrepreneurship
The visa program that’s brought some of Silicon Valley’s best and brightest to the U.S. just got a ~1,900% price increase.
Worried about...
Tragic mushrooms 🍄- Canada’s mushroom industry gets probed, White House eyes Canadian miner.
Canada’s (legal) mushroom industry is booming, and the U.S. is starting to get a little jealous.
The U.S.’s creep towards state-owned com...
Such great heights 🆙- Canadian stocks are on a tear, Here comes the self-driving truck boom.
No doubt some Canadian investors were happily eyeing their portfolios yesterday.
Truck stops should swap potato chips for microchips to a...
Start me up 🏁- Startup studio bags new funding, U.S. offers Argentina an economic lifeboat.
A Toronto startup studio has some new ideas on how to build the next Shopify.
Say what you will about the Trump administration, they’re t...
CanCon, can do 🇨🇦 - The CRTC plots new content rules, Canada won’t reach its carbon cutting target.
Big Tech companies will spend the next week arguing why they shouldn’t have to bankroll Canada’s music industry.
A new rep...
Clock’s ticking ⏰ - CUSMA’s days are officially numbered, Qatar invests in Canadian miner.
Canada’s negotiating team is going to need to brush up on The Art of the Deal.
Canadian miners need more money to cash in o...
Escape hatch ⚜️ - Québec secularism law heads to the Supreme Court, Meta’s new smart glasses.
Québec’s favourite constitutional escape hatch could be sealed shut.
The metaverse might be dead, but Meta’s still betting that people wa...
Halved or quartered? ➗ - The push to end quarterly earnings reports, Private sector eyes Ottawa’s chip lab
Call it financial climate change: we could one day see fewer earnings seasons.
The federal government might be quietly sitting on an AI g...
Home sweet home 🏠 - Ottawa launches homebuilding agency, Greenwashing probes reach Bay Street
The feds are giving Canada’s housing sector a $13 billion shot in the arm.
Investing with purpose? You might need to watch what you say.
Playing dirty 🧼 - Telus files a complaint against Rogers, Lululemon is on a losing streak.
Telus has accused Rogers of playing dirty and wants Canada’s telecoms regulator to send it to the penalty box.
It’s gonna take more than...
Buy now, worry later 🛍️ - BNPL takes over Wall Street, Canada could have a copper problem
A Swedish fintech has managed to build a US$20 billion business by letting people procrastinate their buyer's remorse.
It’s not a rare mi...
Air time 📱-Canadian companies take on scammers, Apple rolls out iPhone Air.
Some of Canada’s biggest companies are building the Avengers equivalent of a fraud-fighting team.
At this rate, the 2027 iPhone lineup w...
Liquid loonie 💲- National Bank bets on Canadian stablecoin, Alternative sports leagues rake in cash
We could soon have a new loonie that can’t get lost in the couch cushions.
If you’ve been hoarding a brilliant idea for a...
Hollywood gamers 🎮 - The big screen embraces games, Canada’s EV mandate on life support
Hollywood wants to give video games a big screen update.
Hook up that IV and get out Tylenol because Canada’s EV mandate isn’t looking al...
Protein Craze 🍗 - Starbucks gets in on the protein trend, Trade talks inch forward.
All those fitness influencers telling everyone to eat protein may have more influence than you think.
Sometimes even small...
The slump continues 📉 - Canadian labour productivity falls, Top illegal sports streamer shut down.
If you thought Canada’s economy couldn’t get any worse, then you haven’t seen the latest labour productivity numbers.
The NFL season kick...