The Peak Daily

The Peak Daily

By The Peak / CuriouscastNewsBusiness News
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    per episode

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The Peak Daily episodes

  • Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**

    With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures.

    Canadian lenders are still feeling the effects of high interest rates on earnings, but more deal-making helped offset losses — even as the mean ol’ Bank of Canada waits to cut rates.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    8 min
  • Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.

    This past weekend, Canadian and U.S. box office numbers were down 40% compared to last year, after disappointing new releases by both Furiosa and Garfield. In fact, it was one of the weakest Memorial Day weekends seen at the movies since the early 1980s.

    As cities across Canada grapple with high office vacancy rates, Windsor has rolled out a $3.2 million plan to lure people back into its desolate business district.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    7 min
  • Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.

    This past weekend, Canadian and U.S. box office numbers were down 40% compared to last year, after disappointing new releases by both Furiosa and Garfield. In fact, it was one of the weakest Memorial Day weekends seen at the movies since the early 1980s.

    As cities across Canada grapple with high office vacancy rates, Windsor has rolled out a $3.2 million plan to lure people back into its desolate business district.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    7 min
  • No baggage ✈️ – WestJet rolls out cheap seats, Shein and Temu imports are overwhelming.

    Air travel is starting to feel more and more like building a Chipotle bowl: If you want the good stuff, it’s going to cost you.

    Online bargain bin giants like Shein and Temu have benefitted from long-standing tax breaks forgoing duties on foreign packages under a certain price threshold, but that might soon end.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    6 min
  • Low risk 📊— Troubling times for Lululemon, Pension plans are lowering risk.

    Tariffs recently announced by the U.S. on a slew of Chinese imports have forced Canada to answer some tough questions about its climate plans.

    Western Canada has seen an early start to the wildfire season, but some new high-tech cameras are proving to be a powerful weapon for fighting the flames.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    7 min
  • Up in flames 🔥 — Phoenix is burning cash, Via Rail ridership is up.

    Jumping on the train might seem like a nice alternative to a traffic jam… until you realize your train is also sitting in a traffic jam.

    Unlike the mythological bird of the same name, the federal government’s Phoenix payroll system is not going to rise from the ashes.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    8 min
  • High fashion 🧥  — Canada Goose gets creative. Netflix gets into the NFL.

    Canada Goose — the iconic Canadian brand that began by making jackets for park rangers before pivoting to making status symbols for Bay Street traders — is getting even bougier.

    The value of global sports TV contracts is set to reach US$62.4 billion this year. The NFL alone accounts for ~20% of that total.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    6 min
  • Northern lights 🌌 — Solar storm exposes risks for farmers. Ontario will start banning car thieves from driving.

    A powerful solar storm over the weekend created more than a brilliant light show for people across the country — it also caused technological headaches for farmers.

    To curb rising auto theft in the province, the Ontario government is taking a page out of our parents’ playbook and threatening to take away driving privileges: A new law will introduce driver's licence suspensions of at least 10 years for some convicted car thieves.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    7 min
  • Encoure 📈 — Meme stocks vie for an encore. Cineplex leans into premium experiences.

    GameStop shares surged ~72% yesterday after Keith Gill, the man best known for driving the meme stock mania of 2021 under the name “Roaring Kitty,” came back onto social media after a three-year hiatus. As of writing, the X post has attracted more than 16 million views.

    Movie theatres hope that adding a few bells and whistles will distract you from the fact that they’re not playing anything you actually want to see.

    Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

    7 min

About The Peak Daily

From the publisher's feed

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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