The Peak Daily

Russia’s decision to mobilize military reserves for the first time since WWII has triggered a crisis, as protests erupt and men flee to neighbouring countries.

Block is rolling out out BNPL options on its point-of-sale platform, Square.

Canada has joined a new US-led alliance aimed at strengthening ties with Indo-Pacific nations—which include Australia, New Zealand, and dozens of Asian countries bordering the Pacific Ocean, although notably not China or Taiwan.

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Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canada Jetlines flew its inaugural flight yesterday carrying passengers from Toronto Pearson to Calgary International Airport.

The unexpected casualty of Quebec’s new language laws: OtterBoxes.

For our last story, Forget maple syrup and Tim’s franchises, the two Canadian exports everyone is clamouring for are critical minerals and natural gas. South Korea is the latest country to express interest.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Congratulations to anyone with a US bank account, because the currency is on a tear.

Meet Flippy, Sippy, and Chippy. No, they aren’t knockoff versions of Snap, Crackle, and Pop. They’re a trio of service robots, and they could soon be preparing your fast food order.

TikTok is banning accounts for politicians, parties, and governments from asking for donations and from using monetary features like tipping, gifting, and e-commerce.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Canadian consumer prices fell 0.3% last month, the biggest monthly drop in two years.

Spotify launched its long-awaited audiobooks feature in the US and will eventually roll it out in all of its markets as it strives to become the one-stop-shop for everything audio.

Russian-installed leaders in the occupied Eastern Ukrainian provinces of Luhansk, Donetsk, Kherson, and Zaporizhzhia have announced planned referendums on joining Russia.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Toronto-based video site Rumble, which bills itself as a free speech alternative to sites like YouTube, went public after a successful SPAC merger valuing the company at US$2 billion.

While Ukraine’s war efforts have garnered positive results in recent weeks, its economic prospects are looking increasingly bleak as it continues to seek outside help.

Porsche, owned by Volkswagen Group, will debut on the Frankfurt Stock Exchange later this month, selling ~25% of its shares with hopes of fetching a valuation of US$75 billion.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

If you’ve been on the internet this week, there’s a good chance you already know that the Michelin guide awarded its first Canadian stars to 13 restaurants.

Offices are back up and running, but employers are having trouble actually filling them with employees… who remain perfectly fine at home thank you very much.

Uber confirmed its internal systems suffered a breach perpetrated by someone alleging to be an 18-year-old.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Patagonia founder Yvon Chouinard, along with his family, gave away control of the ~US$3 billion company to a trust and a nonprofit organization tackling environmental issues.

Adobe agreed to buy design software company Figma for US$20 billion in what will be the largest acquisition ever of a private software company if it gets approved.

Walmart has launched its Be Your Own Model tool, which uses a user’s full-body photo to simulate the dressing room experience with Walmart fashion finds.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Ethereum, a blockchain platform supporting over 50% of the total value of the decentralized finance industry, is shifting to a less energy-intensive way of validating transactions.

Shopify restaffed most of its leadership team during the pandemic, and now the top brass of what was once Canada’s most valuable company isn’t looking very Canadian.

European energy executives are doing a little too well these days.

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

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Join us for a live recording of The Peak Daily at the Bet on Canada Summit on November 8th. Buy tickets here: https://readthepeak.com/events/bet-on-canada-2022

As we await the start of Twitter v. Elon Musk (October 17 if you want to mark your calendar) the final pieces are falling into place for the tech trial of the century.

The federal government gave small businesses $49 billion in pandemic loans but forgot one crucial part of doling out tonnes of cash: A plan to get it back.

Higher-than-expected US inflation numbers have cleared the runway for the Federal Reserve to deliver another big rate hike—a realization that has sent markets into shock.

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

In 2021, 50 million people across the globe were in some form of modern slavery, including 28 million working under forced labour conditions, per a new UN report.

If you’re kicking yourself over a bad stock pick recently, we’re here to tell you that even the safest investments are losing money this year. That’s right, a key index tracking global bonds has dropped 16.8% since January.

Climate Proof, a coalition led by the Insurance Bureau of Canada, published an open letter calling the federal government’s new climate goals ‘‘vague and distant”.

The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.