The Peak Daily

The Peak Daily

By The Peak / CuriouscastNewsBusiness News
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  • Typical duration

    8 min

    per episode

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The Peak Daily episodes

  • Dollar store 🪙 — Canadians are shopping at budget stores. Expect more Canadians. And a new golf league.

    As the consumer price index rises to 7.6% (compared with a year ago) shoppers are flocking to discount retailers… and investors are following closely behind.

    Get ready for a future where your commute is more crowded and the morning Tim’s line is even longer because Canada is going to have a lot more people.

    Golfers Tiger Woods and Rory McIlroy have formed TMRW Sports, a new venture partnering with the PGA Tour to drag an old-fashioned game kicking and screaming into the future.

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

    8 min
  • Quiet quitting 🤫 — Central bankers are meeting in Jackson Hole. Gen Zs are quiet quitting. And coffee might get more expensive.

    It’s been a rough week for markets as we wait for a vibe check on the economy coming out of the Federal Reserve’s annual policy symposium, kicking off in Jackson Hole today.

    There’s a new trend gaining traction online amongst hoards of disaffected workers: Quiet quitting. And no, it doesn’t mean silently walking out of the office one day, never to return

    Poor harvests in Brazil may start hitting your wallet where it hurts most: Your daily cup of joe.

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

    9 min
  • Copycat 🐱 — Europe is facing economic uncertainty. Instagram is copying BeReal. And hydrogen is all the rage.

    European economists and business leaders are growing increasingly worried that economic slowdowns in the region’s leading economies could send the eurozone into a difficult recession.

    After garnering flack earlier this year for trying too hard to be TikTok, Instagram has now set its sights on wanting to be exactly like BeReal, another popular app amongst the Gen Zs.

    Yesterday, Canada inked a deal to supply green hydrogen fuel to Germany. Sounds great for everyone, right? But what exactly is hydrogen fuel? We break it down.

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

    10 min
  • Willkommen 🇩🇪 — The German chancellor comes to Canada. There’s a huge book merger on the horizon. And who’s responsible when a self driving car crashes?

    Germany’s chancellor Olaf Scholz has touched down in Canada and is ready to make an energy deal that absolutely does not include Russia.

    Because arts graduates didn’t have it hard enough already, a proposed merger between publishers may spell trouble for up-and-coming Canadian authors.

    The UK will deem vehicle manufacturers responsible for the vehicle’s actions while driving, meaning the human co-driver will be free from liability in a crash.

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

    8 min
  • Bed, bath and crash 🛁 — Another meme stock come and goes. Insurers aren’t covering cyberattacks anymore. And there are new crypto regs.

    Just five months after activist investor Ryan Cohen took on a ~10% position in Bed Bath & Beyond (BBBY), his sudden exit has sent shares spiralling by ~40%.

    Canada’s top financial regulator has introduced its first-ever framework to **limit the exposure of federally regulated financial institutions, like banks and insurers, to crypto assets (nice!).

    Starting next year, Lloyd’s of London insurers (which includes Lloyd’s Canada) will no longer offer coverage for state-backed cyberattacks in their policies.

    The demand for natural gas has soared this year, but producers in Alberta have been unable to capitalize on higher prices (and are seeing billions lost in revenue).

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

    9 min
  • Gaz guzzlers ⛽️ — Alberta can’t capture the natural gas upside. Homeowners in China are boycotting rent payments. And Canadian VC dollars are coming back to earth.

    The demand for natural gas has soared this year, but producers in Alberta have been unable to capitalize on higher prices (and are seeing billions lost in revenue).

    Hundreds of thousands of homeowners across 100 cities are banding together and refusing to repay loans on unfinished apartments

    After a high ride throughout the pandemic, venture capital (VC) funding for Canadian companies has finally come down to Earth.

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

    9 min
  • 1 year 🎉 — The Peak Daily is one year old. Zellers is coming back. Airbnb is rolling out anti-party technology.

    Almost a decade after Zellers left suburban malls across the country sitting empty, Hudson’s Bay Company (HBC) is looking to launch its Canadian discount chain back into relevance.

    Airbnb is introducing a new weapon in its war against fun and will soon roll out “anti-party technology” on its platform in Canada and the US.

    Canada’s largest unions are now clapping back at the Bank of Canada, advocating for workers’ bargaining power at a time (they say) they need to make gains.

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

    9 min
  • Lab diamonds 💍 — Inflation is down. Pandora is rolling out lab grown diamonds. And US mining dollars might be coming to Canada.

    Inflation may have peaked, but still remains “far too high” according to a new op-ed penned by the Bank of Canada (BoC) Governor Tiff Macklem.

    Pandora announced the launch of its first collection featuring lab-grown diamonds later this month throughout Canada and the US.

    Canadian officials are pointing to a document recently posted on the White House website that explicitly calls for Canada to be a domestic source for critical minerals as a sign that Canada could see some of the money from President Biden’s landmark climate bill coming it's way.

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

    10 min
  • WeLive 🏠 – An update on China. Adam Neumann is back. And Bytedance gives up their algo.

    Five US lawmakers decided to visit Taiwan just 12 days after the same trip by US House Speaker Nancy Pelosi prompted China to launch days of military drills around the self-governing island, which Beijing considers its territory

    WeWork’s Adam Neumann is back with a new company and he just raised $350 million in fundraising from venture capital fund Andressen Horowitz.

    Some of China’s biggest tech companies including ByteDance and Alibaba disclosed to the government the inner workings of their algorithms—an unprecedented move in the tech world.

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

    11 min
  • More workers 👩‍🏭 — Employers are taking advantage of the Temporary Foreign Worker Program. Weddings are getting more expensive. And Nunavut is facing a food crisis.

    As Canadian employers face the lowest unemployment rate in decades, they’re moving to fill roles with temporary foreign workers (or TFW, for short)

    As the post-pandemic wedding boom picks up in Canada, so are bachelor and bachelorette festivities. The only problem? They’ve become more expensive than ever (thanks, inflation).

    The global food crisis wreaking havoc on the world’s poorest nations is also taking its toll on Canada’s most remote northern communities.

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

    8 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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