The Peak Daily
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The Peak Daily
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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📈 No more side quests — Shopify wants to lend you money, OpenAI shuts down side quests
Canada’s most valuable company has started cutting the cheques that big banks won’t.
The leading AI labs are narrowing in on the most li...
Memory hole 🧠: RAM Crunch, PE Slump and Canada's Space Race
In today's episode, we explore the global memory chip shortage that's driving up prices for consumer electronics, especially gaming PCs, as AI data ce...
Under the microscope 🔬- Honda posts historic annual loss, Manitoba mulls ban on paying for plasma.
In today's episode, we examine Honda's historic annual loss as the automaker faces billions in costs from its EV retreat, and explore Manitoba's consi...
Let the oil flow 🛢️ - : Iran war sparks historic oil reserve release, Luxury hoodies come to Costco.
In today's episode, we explore the IEA's historic release of 400 million barrels of oil from strategic reserves as the Iran conflict disrupts global s...
Big old jet airliner 🛩️- OpenAI faces civil suit over Tumbler Ridge, Drama at Toronto’s island airport
In today's episode, we explore how AI companies are facing mounting legal pressure following tragic incidents linked to their chatbots. The family of...
Cafe hog ☕- The Yukon is luring miners, Are remote workers ruining cafes?
In today's episode, we explore how remote workers are transforming Canada's cafe culture—and not always for the better. Coffee shops are grappling wit...
Sobering up 🍺- Canadians aren’t drinking, Oil prices set to hit $100 a barrel
In today's episode, we explore how Canadians are cutting back on alcohol consumption amid rising costs and wellness trends—and what that means for res...
Legal eagles 🦅- Canadian legaltech gets some spending cash, AI medical assistant makes a mess.
In today's episode, we explore how Canadian AI legaltech company Spellbook secured a $54.7 million line of credit from RBC to fuel an acquisition spre...
Putting down Roots 🍃- Roots explores a possible sale, Auctions for dinosaur bones are heating up.
In today's Peak Daily, we explore Roots' strategic review as the iconic Canadian brand considers a potential sale amid challenging retail conditions....
When the chips are down 🎰- Ontario sees surge in gambling problems, AI is giving accountants headaches
In today's episode, we explore Ontario's gambling problem as calls to mental health hotlines surge 300% among young men since online gambling was lega...
Edge of escalation 🚀- Iran war escalates across the Middle East, AI gets blamed for more layoffs.
In today's episode, we cover the escalating Iran conflict that's spreading across the Middle East and disrupting global oil markets, Block's massive A...
Whopper wiretap 🍔- American nurses flock to B.C., Burger King tests Big Brother AI assistant.
In today's episode, we explore how American nurses are crossing the border to fill critical healthcare gaps in B.C., with over 1,000 U.S.-trained nurs...
Wake me up inside ⏰- Canada’s IPO market comes back to life, A Canadian billionaire’s grand folly.
In today's episode, we explore Canada's IPO market revival as Apotex plans a $1 billion public offering—the largest in five years. We also dive into L...
Bearish blogging 🐻- Viral Substack post is market mover, TikTok and the MLB join forces.
In today's episode, we explore how a viral Substack post about AI-driven economic disruption sparked a massive market selloff, wiping billions off tec...
Panic in Jalisco 🇲🇽 - Cartel violence hits Mexico after leader’s death, Aritzia revs up U.S. expansion.
In today's episode, we explore the aftermath of cartel leader El Mencho's death and the violent retaliation that erupted across Mexico, impacting trav...
Hot water 🥵 - OpenAI is under fire for Tumbler Ridge shooting, Batteries become very cheap
In today's episode, we cover OpenAI's controversial decision not to alert Canadian authorities about concerning ChatGPT conversations with the alleged...
Tamago sando 🥪 - 7-Eleven plans Canadian reinvention, AI might finally be impacting productivity.
In today's episode, we explore 7-Eleven Canada's ambitious expansion plans, including the arrival of the cult-favorite tamago sando from Japan as part...
Criss-cross 🚷 - Another Conservative MP crosses the aisle, Hollywood bites back at ByteDance.
In today's episode, we explore the shifting political landscape as Conservative MP Matt Jeneroux becomes the third Tory to cross the floor and join th...
Persistence pays off 😵 - Warner Bros. will hear out Paramount’s offer, Canada pitches nuclear to Poland.
In today's episode, we explore the latest developments in a Hollywood bidding war as Warner Bros. Discovery reopens negotiations with Paramount, givin...
Up in arms 💪 - Carney plans new trade block, Canada is getting armed.
In today's episode, Canada is charting a bold new course on the global stage. Prime Minister Mark Carney is pushing to unite the EU and Indo-Pacific t...
Market trend of the year 📉 - AI scare trades dominate the market, Toronto transit prepares for the World Cup
In today's episode, we explore how AI-driven fear is reshaping markets in 2026, with commercial real estate and wealth management stocks taking major...
Arctic education 🎓 - Canada's Arctic is getting its first Inuit university, Trump might want out of CUSMA.
In today's episode, we explore Canada's historic step toward educational equity with the announcement of Inuit Nunangat University, set to open in Arv...
Brought to you by 📺 - Targeted advertising comes to sports bars, A $42 billion bitcoin blunder.
In today's episode, we explore how Canadian startup Taiv is revolutionizing sports bar advertising with targeted commercials that replace live TV ads,...
The Depart-eh’d 🇨🇦 - Ontario police are under the microscope, GM bets on EV battery breakthrough.
In this episode, we dive into Ontario's sweeping police corruption probe following the arrest of seven Toronto officers on charges ranging from drug t...
Private property 🏠 - Indigenous group challenges private land ownership, Ottawa courts Chinese EV makers
In this episode of Peak Daily, Jay Rosenthal flies solo to bring you the top stories in Canadian and global business. First, we dive into the Dzawada'...
EVolution 🚗 - Ottawa re-jigs its EV strategy, Spotify gets bookish.
Ottawa shakes up its electric vehicle strategy by bringing back EV rebates while ditching the 2035 sales mandate in favor of stricter emissions standa...
Sell sell sell 💸- AI agents spark software sell-off, Ottawa and Washington talk critical minerals.
AI agents are making it a hard time to be a software provider.
The White House is suddenly preaching peachy collaboration with its allies...
Let the games begin ❄️- The Winter Olympics kick off in Italy, Netflix goes to Washington.
The days may be short, the sidewalks in constant need of shovelling, but at least we finally have the Olympics to carry us through the rest of winter....
C-suite scapegoat 🐐- AI isn’t taking as many jobs as it seems, Science looks for a road salt alternative.
The promise of AI has become every C-suite’s favourite cost-cutting scapegoat.
Salt is famously the only rock we eat, but is it the only...
📈 AI’s only
AI agents now have their own group chats to make fun of our ridiculous requests, and they’re not pulling any punches.
How many renminbi y...
📈 Separate ways
In today's episode, we explore how Alberta separatist groups have been secretly meeting with Trump administration officials, seeking massive financial...
📈 Beep beep
Neil Young offering free archive access to Greenlanders amid U.S. political tensions. Keep on rocking in a free world. Plus, Toronto-based Waabi secur...
📈 Can't get started
In this episode of Peak Daily, Jay discusses Canada's $210 billion opportunity from eliminating internal trade barriers, explore why Canadian tech sta...
📈 Peak Food
In this episode, Jay covers Ottawa's new food inflation rebate providing up to $1,890 for families through an enhanced GST tax credit, along with conc...
Deep freeze 🥶 - Canada-U.S. relations get icy, Youth sports are turning into big business.
It wasn’t just large swaths of the country getting snowed in this weekend — the relationship between Ottawa and the White House also went back into de...
Keep scrolling 🤳- TikTok and the the U.S. are making a deal, A Chinese automaker eyes Canada.
For a company repeatedly branded a national security threat, TikTok has emerged from its U.S. standoff in remarkably good shape
Chinese E...
Pick me ✋- Submarine suitors woo Ottawa, Social media algorithms are going on trial.
Like the final two contestants on a Bachelorette season, Hanwha Ocean and ThyssenKrupp Marine Systems (TKMS) are pulling out all the stops to win Otta...
RIP global order 🪦- Carney gives blunt speech at Davos, Heated Rivalry heats up NHL ticket sales.
We’re guessing it was a pretty awkward afternoon at Davos for the White House delegation.
Shane Hollander and Ilya Rozanov aren’t real-li...
Cold hard cash 🏦- Arctic defence startup nets big funding round, Speeding up drug approval times.
With anxiety over Arctic sovereignty at an all-time high, a Canadian startup is pitching itself as Ottawa’s solution.
Like a student who’...
Rising tensions 🎢- Trump sets his sights on Canada, Surgeons start working remotely
Like a nasty gossip, it’s basically never good news when the U.S. president starts bringing you up in conversations.
Remote work has evol...