The Peak Daily

Ottawa is struggling to put tens of billions in foreign investment to work, as a lack of shovel-ready infrastructure projects leaves the UAE’s promised capital sitting on the sidelines and raises questions about whether Canada can actually deliver on its major-projects ambitions. Plus, Nestlé is rethinking snack flavours for the GLP-1 era, as weight-loss drugs reshape how millions of consumers experience taste and push food giants toward spicier, higher-protein, and more fibre-focused products.

And in The Big Picture: B.C. prepares to sue OpenAI over the Tumbler Ridge shooting, a jailed Indian gang leader is charged in the Nijjar killing, and NATO eyes Canadian-made Bombardier jets for its next surveillance aircraft order.

The Peak Daily is produced in partnership with reframevid.com

Ottawa has selected Germany’s TKMS as its preferred bidder for Canada’s massive new submarine contract, a generational defence purchase that could be worth up to $120B and signals a deeper bet on European and NATO ties. Plus, Rogers is buying the remaining stake in MLSE, giving it control of nearly every major Toronto sports property and raising fresh questions about what consolidation — and possible private equity investment — could mean for fans.

And in The Big Picture: Ontario and Alberta are pitching a new cross-country oil pipeline, Reddit is using AI to fight AI-generated marketing spam, and Alberta is issuing drilling permits at the fastest pace in more than a decade.

The Peak Daily is produced in partnership with reframevid.com

Canadians are reading again, with young people leading a surprising rebound in books as a screen-time antidote and helping drive growth in print sales, indie bookstores, and audiobook demand. Plus, new spending data suggests Toronto and Vancouver’s World Cup hosting duties may not have delivered the economic boost boosters promised, raising fresh questions about the real cost of mega-events.

And in The Big Picture: The Gordie Howe bridge opening remains caught in political drama, Canadian ETFs are nearing $1 trillion in assets, and Air Canada is cutting back U.S. routes as cross-border travel keeps falling.

Plus, an exclusive interview with Rizwan Khalfan, EVP and Vice Chair, Strategic Growth, Innovation and Partnerships at TD about TD's Canadian mobile app winning #1 for Mobile App Experience for Banking Customer Satisfaction in Canada by JD Power

The Peak Daily is produced in partnership with reframevid.com

StubHub is facing a proposed class action lawsuit after thousands of FIFA World Cup ticket buyers allege the resale giant never delivered their tickets — a messy case that’s putting “speculative ticketing” and last-minute seller cancellations back under the spotlight. Plus, Pokémon cards are exploding into a $15B+ collectibles economy, as Millennials and Gen Z turn childhood nostalgia into a high-risk investment frenzy that’s driving six-figure sales (and even real-world thefts).

And in The Big Picture: Ottawa and B.C. strike a “generational” deal to uphold the North Coast tanker ban, OpenAI reportedly floats the idea of giving the U.S. government a stake, and SpaceX previews an xAI-integrated device concept for investors.

The Peak Daily is produced in partnership with reframevid.com

Canadian carbon removal startup Deep Sky has delivered North America’s first direct air capture carbon credits, a small but important milestone for a technology that companies and governments are increasingly betting on to offset emissions from AI, energy, and industrial projects. Plus, the Magnificent Seven stocks are losing steam as investors start questioning whether Big Tech’s massive AI spending spree will actually translate into profits.

And in The Big Picture: Ottawa is relaunching a home retrofit program, Comcast is spinning off NBCUniversal and Sky into a new public company, and TIDAL is cracking down on AI-generated music by cutting off monetization.

The Peak Daily is produced in partnership with reframevid.com

Chinese automakers are rapidly gaining ground in Europe, forcing German giants like Volkswagen, BMW, and Mercedes into cost-cutting mode — and offering a warning of what could happen if Chinese-made EVs break into North America through Canada. Plus, China’s new open-source AI model GLM 5.2 is climbing the rankings and impressing developers, raising the stakes for businesses weighing cheaper open-source tools against the top closed models from U.S. labs.

And in The Lookout: Canada, the U.S., and Mexico head into the first tri-lateral CUSMA review, Alberta prepares to pitch a major new west coast oil pipeline, and fresh GDP numbers could help settle whether Canada’s economy is actually bouncing back.

The Peak Daily is produced in partnership with reframevid.com

South Korea’s new “dopamine sites” are letting people get the thrill of online shopping and food delivery without actually buying anything — a bizarre trend that highlights how much of the dopamine hit comes from anticipation, not consumption, especially when money is tight. Plus, Canada’s new pesticide legislation is raising alarms after giving Ottawa more power to authorize pesticide use even against Health Canada warnings, a shift that could widen the gap with stricter EU rules and create new trade headaches.

And in The Big Picture: Ottawa and B.C. are buying up thousands of unsold Vancouver condos to convert into affordable housing, OpenAI is testing its first-ever in-house chip, and a minimalist US$25K electric pickup is racking up massive early reservations.

The Peak Daily is produced in partnership with reframevid.com 

Global markets are getting rattled by yet another AI-linked tech sell-off — with South Korea’s high-flying Kospi taking one of the biggest hits as chip stocks slide and overvaluation fears flare up. Plus, Meta is reportedly building a prediction markets app that could push “betting on everything” into the mainstream for billions of users.

Plus, in Big Picture: Ontario First Nations secure a landmark equity stake in the Darlington nuclear expansion, Meta unveils a cheaper new pair of smart glasses, and police identify the alleged perpetrator in the Montreal shooting.

The Peak Daily is produced in partnership with reframevid.com

Ottawa’s high-speed rail project is exploring a route change that could add a Kingston stop — a move that might broaden support, but also complicate the line’s speed and politics. Plus, Google is reportedly investing $75M in indie studio A24 to build AI film tools, putting the “creative-first” brand in a tricky spot as Hollywood weighs cost savings against reputational risk and job losses.

Plus, an exclusive interview with Erin Bury, CEO of Willful!

The Peak Daily is produced in partnership with reframevid.com