The Peak Daily

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.

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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.

Travel companies are preparing for a busy season since the pandemic began, in response to Canada shedding pre-travel COVID tests for fully-vaccinated visitors. Don’t feel like returning to the office just yet? Try telling your manager you’re working from home to save the world from an energy crisis. That’s just one of ten recommendations made by the International Energy Agency (IEA) to encourage people and governments to curb oil consumption as Russia’s war in Ukraine reduces the global energy supply. And did you know? Just like anyone with full-time work, every two weeks, its payday for inmates across Canada’s federal prisons. We dig into how prisoners get paid - and for what.

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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.

No, it’s not all in your head… Statistics Canada reported that food prices rose 7.4% from last February, with Canadians paying more for common items like beef, milk, chicken, and fruits. Russian tech entrepreneurs are launching an Instagram dupe–called Rossgram–to help fill the void left by this week’s block on the Meta-owned picture-sharing app*.* Canadian Pacific Railway has threatened to lockout over 3,000 employees from work this Sunday, at a time when Canada’s resources need a more efficient transportation system than ever.

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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.

Russia failed to pay its dollar bonds yesterday, kicking off a process that will see the country default on its debt if it doesn't make the payments within 30 days. Vancouver-based miner Alpha Lithium is suspending a deal to sell a stake in its lithium mine to a company owned by Russia’s state nuclear energy corporation, per The Logic. The U.S. Senate unanimously voted to pass the Sunshine Protection Act, a bill that would make daylight time permanent. If approved by the House of Representatives, it could motivate Canada to do the same.

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.

You think it would make sense for the largest producer of plant-based protein (Canada) and the country with the most vegetarians (India) to be two peas in a pod when it comes to trade. Yet, a comprehensive trade agreement between the two nations has never been signed. That could change as Canada and India have announced that they are resuming talks to reach a new trade agreement. A federal government program aimed at helping businesses go digital is under fire from critics who claim it amounts to a giveaway for US tech giants. This week, Canada’s defence chief said that protecting the country’s north is a key priority tied to economic and security interests, as Moscow moves to reoccupy Cold War military bases in nearby Arctic regions.

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.

Russian prosecutors threatened several major companies with arrests and asset seizures in response to Western sanctions. Signs of a COVID outbreak across number of cities in China have sent tens of millions of people into lockdown and caused a major Apple supplier to halt operations in the southmost city of Shenzhen, which analysts believe may worsen inflation. As gas prices reach unprecedented heights, so has the demand for electric cars in Canada, a recent survey found that 62% of dealerships’ EV wait times exceed 3 months.

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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 economy added 337,000 new jobs in February—blowing past analyst expectations and driving the unemployment rate down to its pre-COVID 19 levels for the first time. Canada’s legalization of single-game sports betting back in August has opened the door for the NHL to sign its first-ever sports betting partner in Canada: sportsbook ProLine+. Hermeus raises $100 million in search of the future of aviation.

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.

Amazon is following the recent lead of Tesla and Google by executing a 20-to-1 stock split. What’s happening to nickel prices right now is so outrageous that experts are comparing it to the “meme stocks” craze back in early 2021. The British Government has stepped up with UK banks shutting out Russian oligarchs, including seizing Chelsea from owner Roman Abramovich and limiting the team’s revenue streams. 

How do you regulate something that was designed to be unregulated? The US government intends to find out as President Biden signs an executive order for the government to devise new regulations for cryptocurrencies. Canadian banks are announcing a collection of new initiatives to help them get to net-zero carbon emissions by 2050. We dig into what that means for you. Match Group-owned Tinder is rolling out background checks through its in-app safety centre—so you can put on your little detective hat and start swiping (while trying to avoid the next Tinder Swindler.)

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

Canadians can expect to see higher prices at the pump with the U.S announcing a ban on the importation of Russia oil, further rattling energy markets. Google is putting in an all-cash offer of US$5 billion to purchase cybersecurity company Mandiant—and make up lost ground in the cloud computing space against competitors. The hotly anticipated Apple Peek Performance Event showcased a list of new features for the latest models of iPads, iPhones and Macs, but a powerful new M1 Ultra chip and Mac Studio desktop were the stars of the show!

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