The Peak Daily

The federal government raised its carbon tax yesterday by $10, meaning that large-scale emitters like corporations and the oil and gas sector will have to pay more for emitting greenhouse gasses (primarily CO2). After missing a self-imposed deadline for proposing online harm legislation back in February, the federal government has decided to form an expert panel that will meet regularly over the next two months to inform what should be in the new bill. In a massive win for organized labour in the US, workers at an Amazon warehouse on Staten Island have voted in favour of unionizing.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

President Biden announced a massive release of the US’s Strategic Petroleum Reserve as the administration tries to combat soaring prices at the pump. One month after Western nations smacked Russia with unprecedented sanctions that put pressure on the country’s financial system and reduced the ruble’s value to an [all-time low](https://www.reuters.com/markets/europe/russian-rouble-slips-past-100-vs-dollar-banks-hunt-fx-2022-03-02/#:~:text=NEW YORK%2C March 2 (Reuters,over the invasion of Ukraine.), the currency has almost fully recovered. Just in time for International Fact-Checking Day on April 2 (the day you circle on your calendar every year...), Google is introducing a feature that tags news stories with a label that measures the reliability of sources.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

This week, Meta, the company formerly known as Facebook, announced its building an engineering hub in downtown Toronto and will look to hire 2,500 skilled workers to build technology for the metaverse. Remember when things at the dollar store were actually $1? That hasn’t been the case at Canada’s largest dollar store chain since early 2009. We explore why. After slow but steady declines in recent months (and years) Canadian cannabis companies are seeing a surge as the US House of Representatives votes tomorrow on a bill that would declassify marijuana as a controlled substance on a federal level and potentially open the market for Canadian cannabis companies.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

Canada has announced a new emissions plan outlining how it will absolutely, positively meet its net-zero commitments by 2050. Eleven of Canada’s most prominent crypto and Web3 companies including Wealthsimple and Dapper Labs formed an industry council to help grow the Canadian Web3 space and collaborate with the government on creating a unified national strategy for blockchain regulation. According to the Canadian Security Intelligence Service (CSIS), Canadian organizations are the victims of thousands of cyberattacks every...single...day, this, according to the Financial Post.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

The Group of Seven - not the Canadian painters... but France, Germany, Italy, Japan, the US, the UK and Canada, have rejected Moscow’s demands to pay for Russia’s gas exports with rubles Postmedia, which owns more than 120 media outlets across Canada, closed a $16.1 million deal to acquire media publisher Brunswick News, a move to expand its reach to the Atlantic region…and help grow its parcel delivery service. Oat-milk maker Oat Canada struck a $4.1 million deal with French food processor Roquette to develop new ingredients, as part of a Canada government project that aims to grow the country’s plant-based protein industry to $25 billion by 2035.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

The EU is passing the Digital Markets Act (DMA) a landmark deal that will curb the powers of tech giants, like Google, Facebook, Apple, Amazon, and Microsoft. According to the Canadian Anti-Fraud Centre (CAFC), Romance scams are leaving Canadians heartbroken and broke, totaling $64.6 million in losses last year. Canada and the UK have begun negotiations on a new and improved free trade agreement that would encourage even more trade with Canada’s third-largest trading partner and lessen dependence on both countries’ larger neighbours.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

Canada’s Natural Resources Minister Jonathan Wilkinson announced yesterday that Canada could increase its oil and gas exports by up to 300,000 barrels per day to help European allies replace Russian oil and gas. Maple Leaf Sports & Entertainment (MLSE) chairman Larry Tanenbaum has submitted an offer to buy the Premier League soccer (or football, if that’s your persuasion) club Chelsea joining several other bidders in the chase. Higher interest rates could trigger a “severe correction” and “topple” Canada’s housing market, according to a new report from economic researchers.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

The Fast Identity Online Alliance (FIDO), an association of tech companies including Apple and Alphabet, are one step closer to making a password-less world a reality, announcing a new development in their technology. Following a victory against organized labour last year, Amazon is facing more union votes this week at a number of their US warehouses. Netflix is hosting The Queen’s Ball, which the company bills as a 90-minute long “Bridgerton experience,” will welcome fans in Montreal, Chicago, Los Angeles, and Washington starting today.

Gala Link: https://hopin.com/events/the-peak-s-emerging-leaders-gala

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

The federal NDP Party struck a deal with the governing Liberal Party that would see the Liberals remain in power until 2025 in exchange for “progress” on a number of NDP priorities, including pharmacare and a dental care program. Nike’s quarterly results tied up its laces and sprinted past analysts’ expectations in Q3, which is a win not just for the company, but for the viability of the direct-to-consumer (D2C) model it has created. Okta, a user authentication company used by organizations including Sonos, Peloton, and the American FCC is investigating an alleged breach by a hacker collective known as Lapsus$, with cybersecurity experts telling Reuters that the threat is serious and Okta customers should be, “very vigilant right now."

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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

Germany has agreed to a long-term agreement with Qatar for the supply of liquefied natural gas (LNG), hastening the process of Germany cutting ties from Russian energy. Los Angeles restaurateur Andy Nguyen is looking to demonstrate how the power of NFTs can translate into building a real-life brand by opening the first NFT-centred restaurant. Two Canadian biopharma companies (the confusingly named) Arbutus and Acuitas, are embroiled in a legal battle regarding the patent rights to a key delivery method in Pfizer and Moderna’s mRNA COVID vaccines.

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

Celebrating something? Let us know for a shoutout here: https://thepeak.typeform.com/to/GuHjLDoa

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