The Peak Daily

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, driven by housing costs that have far outpaced income growth. Then, we look at Ontario’s plan to greenlight what could become the world’s largest nuclear power plant, and what it signals about Canada’s energy future as demand surges. Plus, a prediction-market giant raises a massive round, and one big number on how concentrated stock market gains have become.

The Peak Daily is produced in partnership with reframevid.com

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 already-wobbly auto sector. Then, we look at the surprisingly hot new retro tech trend: screen-free, Wi‑Fi-enabled “landlines” for kids. Plus, Samsung joins the trillion-dollar club and new research suggests AI could help improve ER diagnosis accuracy.

The Peak Daily is produced in partnership with reframevid.com

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 officials. Then, Meta’s latest approach to age verification raises eyebrows, using AI to estimate age from photos and videos by analyzing clues like height and bone structure.

Also, Mark Carney naming Louise Arbour as Canada’s next governor general, new details on the Alto high-speed rail route, and a rare warning about possible human-to-human hantavirus transmission.

The Peak Daily is produced in partnership with reframevid.com 

We break down the first Canadian-dollar-backed stablecoin, CADD, and what a loonie-pegged token could mean for crypto adoption and Canadian financial sovereignty. Then, Canada’s cattle producers push back on a potential Mercosur trade deal they fear could flood the market with cheaper beef from Brazil and Argentina. Plus Ottawa’s new tariff-relief support for manufacturers, Alberta’s separatist petition for an independence referendum, and renewed conflict around shipping through the Strait of Hormuz.

The Peak Daily is produced in partnership with reframevid.com

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 American giants like Ford, GM, and Stellantis. Then, we break down a quiet Canadian tax change that could make it easier for business owners to sell to employees through Employee Ownership Trusts — potentially reshaping who owns the country’s small businesses.

The Peak Daily is produced in partnership with reframevid.com

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 of its latest model: ChatGPT’s sudden obsession with goblins. Plus, Alberta separatists’ access to private voter data, Bombardier’s best cash-flow quarter in decades, Polymarket’s new insider-trading detection tools, and more.

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 elevator shortage and sky-high costs could get even worse. Then, we look at Canada’s selection as host of a new multinational defence bank designed to unlock cheaper, long-term funding for military projects, and what it could mean for Canadian defence manufacturing. Plus, in The Big Picture: the Bank of Canada and the U.S. Fed hold rates steady, families of Tumbler Ridge victims sue OpenAI, and Uber pushes deeper into travel.

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 revenue and user-growth targets — raising fresh questions about whether the AI boom is outpacing sustainable business models.

Then, we look at why Canada is pushing to get serious about robots, as a new committee aims to unlock more funding and accelerate automation adoption to help tackle productivity challenges and labour shortages.

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 could mean for everyday Canadians and big infrastructure projects. Then, we look at Spotify’s latest push beyond music as it teams up with Peloton to offer workouts and exclusive fitness content to premium subscribers.

Plus, in the big picture: Rogers offers buyouts amid cooling telecom growth, OpenAI and Microsoft reshape their partnership, and Letterboxd’s owner explores a sale.

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 infrastructure project in Canada’s national interest? It may be worth sending Energy Minister Tim Hodgson your pitch, because he’s shopping.