The Peak Daily

By The Peak / CuriouscastNews Business News

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Typical duration
7 min
per episode

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The Peak Daily episodes

October 30 Sovereignty bonanza 🇨🇦- Ottawa takes a stake in Cohere, A new national security strategy for Canada.
In today's Peak Daily...first up, Cohere adds Ottawa to its cap table.
Next, Canada gets first new national security strategy in decades.
And in our big picture, Google lost a cool half trillion dollars. EU's president chimes in on Canada's EU associate membership. What Canada's banks think of AI, and more.
7 min
October 29 Return of the mack 📹 —The return of interest rate hikes, YouTube wants Canada to take creators seriously.
The Bank of Canada hikes interest rates for the first time since 2023 amid rising oil prices and inflation concerns.

Plus, YouTube Canada urges Ottawa to support content creators with dedicated BDC business loans.

And in the big picture, the EU drops associate membership status for Canada, Wealthsimple raises $425M, and trade talks stall.

The Peak Daily is produced in partnership with reframevid.com

9 min
October 28 Middle ground 🏗️ — Another turn in the landmark B.C. land dispute, Construction gets autonomous.
Cowichan Tribes present a middle-ground proposal in a landmark B.C. land rights dispute, pitch private property protections.

Plus, construction automation startup Bedrock Robotics raises $600M at a $4.1B valuation.

And in the big picture, Canada and the U.S. eye tariff relief, Ottawa sets deadline for steelmaker, and Apple’s foldable iPhone launch hits screen cracks.

The Peak Daily is produced in partnership with reframevid.com

8 min
October 27 Picking up steam 🚂 — Canada and the U.S. are talking trade deals, Dubai eyes the Port of Churchill.
Canada-U.S. trade negotiations pick up steam as midterms loom.

Plus, Dubai state giant DP World eyes a role in developing the Port of Churchill.

And in the big picture, Microsoft offers voluntary buyouts to 60,000 employees.

The Peak Daily is produced in partnership with reframevid.com

7 min
October 26 A bad habit 🎰 — Ontario has a gambling problem, AI missing much of the economy.
Lawmakers vote this week on gambling ad restrictions as problem gambling and related suicides spike in Ontario.

Plus, new analysis shows AI productivity gains and bottom-line payoffs remain limited outside the tech sector.

And in the big picture, the BC Conservatives win a majority government and White House advisers hint at a US-Canada trade deal.

The Peak Daily is produced in partnership with reframevid.com

8 min
October 23 Turkey shoot 🦃 —Canada gets closer with Turkey, Banks are nervous about AI agents.
Canada and Turkey get serious about trade and defence during Mark Carney’s historic visit to Ankara.

Plus, major banks move to restrict AI agents from accessing customer accounts over rogue spending concerns.

And in the big picture, Ottawa demands Cleveland-Cliffs reverse Stelco layoffs, Canadian diplomats get midterm rules, and 1Password hits $500M ARR.

The Peak Daily is produced in partnership with reframevid.com

7 min
October 21 Failure to launch 🚀 —Trump walks back Bombardier ban threat
Trump backtracks on his Bombardier ban threat as Canadian tariffs emerge as a key issue in U.S. midterm elections.

Plus, financial researchers use Claude AI to design a novel scorpion antivenom in just days.

And in the big picture, internal TikTok documents reveal child safety concerns, Grifols reopens Canadian plasma centers, and RBC considers blocking Meta’s AI.

The Peak Daily is produced in partnership with reframevid.com

8 min
October 20 Who Me? 💸 — AI giants are taking over philanthropy, The NBA is betting on new rules
AI giants like Anthropic, SpaceX, and OpenAI are launching massive philanthropic initiatives to counter public backlash and job displacement concerns.

Plus, the NBA is introducing strict new betting restrictions to curb problematic parlay wagers and protect league integrity.

And in the big picture, Tenstorrent hits a $6.2B valuation, Canadian inflation rises to 3.1%, and news publishers file a copyright lawsuit against Anthropic.

The Peak Daily is produced in partnership with reframevid.com

8 min
October 19 The back nine 9️⃣— Albertans vote on more than independence, Waymo is coming to Canada.
Albertans head to the polls today to vote on potential independence alongside nine other major policy questions.

Plus, Waymo begins testing its autonomous robo-taxis in Toronto, eyeing a service launch by 2028.

And in the big picture, a fatal fire strikes CFB Wainwright in Alberta, violent unrest escalates across France, and Vancouver elects a new mayor.

The Peak Daily is produced in partnership with reframevid.com

6 min
October 16 Blowin’ in the wind 🍃— Cohere makes a big European purchase, Nova Scotia has wind power goals.
Cohere is continuing its European expansion by acquiring Czech cybersecurity firm Aisle to bolster its sovereign AI platform.

Plus, Ottawa is committing $100 million to spur offshore wind power development in Nova Scotia.

And in the big picture, CoreWeave’s credit default risk reaches record highs, Ottawa threatens legal action over Stelco layoffs, and Anthropic partners with non-profit METR to evaluate model safety.

The Peak Daily is produced in partnership with reframevid.com
8 min

About The Peak Daily

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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.