The Peak Daily

By The Peak / CuriouscastNews Business News

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The Peak Daily episodes

July 25, 2024 Tech tumbles 📉 — Technology stocks take a tumble. Bank of Canada cuts rates again.
In the 2003 hit movie Freaky Friday, a mother and daughter played by Jamie Lee Curtis and Lindsay Lohan wake up one morning and find their lives have been switched.
In March 2022, Bank of Canada Governor Tiff Macklem said aggressive rate hikes were needed to quickly tamp down inflation, but that they’d only be temporary.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6 min
July 24, 2024 A record setting raise 💸 — Investors dust off their chequebooks. Greenwashing needs a clearer definition.
Here’s something to celebrate: After a year of penny-pinching tied to high interest rates and economic uncertainty, money is flowing into Canadian technology companies again.
Not sure what “greenwashing” is? Canadian companies are right there with you.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6 min
July 23, 2024 Big ZZZs 💤 — A deal to buy Sleep Country, Airlines aren’t making money.
Sleep Country is putting its run as a public company to bed.
The Farnborough International Airshow, one of the world’s largest aviation trade shows, kicked off yesterday amid some industry turbulence.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6 min
July 19, 2024 Potayto, potahto 🗑️ — Ford chooses pick-ups over EVs.
Like a legacy rock band trying to cater to their audience, Ford is sticking to the hits at the expense of the new stuff.
Alberta may be known mostly for its mountains, big steaks, and rodeos, but these days, it’s found itself a new claim to fame: potatoes.
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6 min
July 17, 2024 Waste-less 🗑️ — Home construction slows, Grocery giants tackle food waste.
Nearly every government in Canada — at all levels and all political stripes — say they want more houses built. New data from the Canada Mortgage and Housing Corporation (CMHC) shows the opposite is happening.
More grocery stores in your neighbourhood could soon be offering you oddly shaped tomatoes and soon-to-be-expired cartons of yogurt for cheap.
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6 min
July 16, 2024 Weekend getaway 🚢 — Speeding up digital payments, New cruise ship focuses on weekend energy.
Canada is the only G20 country without an updated digital payments system. Interac’s new CEO wants to change that ASAP.
The world’s second-largest cruise ship will make its maiden voyage this week, but it won’t be a long one.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
7 min
July 12, 2024 Target practice 🎯 — Canada promises to hit NATO defence target, AI goals are fuelling layoffs.
After being the NATO punching bag this week in D.C., Canada has finally given its allies what they wanted… sort of.
AI really is taking away jobs, just not in the way you might think.
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21 min
July 11, 2024 Where’s my charge 🚗 — New chargers coming. Etsy pivots away from rivals in e-commerce race.
A plan for a continental electric vehicle charging network is bringing together big names like it’s a Team USA basketball roster.
The go-to site to buy quirky Christmas gifts for your friends and family is leaning back into its homemade, one-of-one vibe.
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22 min
July 09, 2024 On the nose 👃 — Walmart introduces sensory-friendly hours.
Will future generations know the unrivalled thrill of getting a crisp $50 bill from your grandma on your birthday? We’re not so sure.
Walmart has made itself more attractive to shoppers who hate bright fluorescents and buzzing PA systems.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
8 min
June 28, 2024 No wheels 🚗 — Uber wants you to give up your ride. Canadian space tech developer lands $1 billion funding.
NASA’s next moon mission will be getting a (literal) hand from a Canadian company.
Kind of like when John Lennon asked us to imagine life without possessions, Uber is asking Canadians to imagine life without a car.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
6 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.