The Peak Daily

The newest wedge driving Canada and the U.S. apart? Skimmed milk powder, apparently. Like a straight-A high schooler whose grades drop at university, Health Canada is struggling with an increased workload.

We now spend over 15 minutes a day using AI as our meal planner, personal assistant, and deeply unqualified therapist. Canadian beef is back on the menu Down Under.

DoorDash is fighting for its right to charge you $25 to have a $12 burger delivered to your door. Newly published research has the beekeeping world abuzz — but not in a good way.

With the worst productivity crisis in the G7, Canada is banking on AI to turn things around. So far, it hasn't gone to plan. More Canadian travellers are content to roam at home.

Ottawa wants to bring together the best and brightest from around the world to tackle one of Canada's most pressing challenges. The favourite mall store of 14-year-olds in 2009 is popping off thanks to one of Hollywood's brightest young stars — call it the “Sydney Sweeney Effect.”

The framework for potential U.S. trade deals is starting to shape up. The retail investing craze that inspired a predictably mediocre Hollywood movie is vying for a sequel.

Many Canadians are happy to swap their California Cabernet for a Niagara Pinot Noir, but when it comes to their portfolios, they're not bailing on the U.S. Microsoft may have accidentally left a hacker-sized door open to hundreds of thousands of organizations.

It's high noon for Canada's national postal service. Having already mastered the arts of furniture building and meatball making, Ikea has set its sights on a new chapter.

Airlines are turning to AI to figure out just how much we're willing to splurge on our summer vacations. Look out Norway and Saudi Arabia — Alberta is back in the sovereign wealth fund game.

After nearly a year of getting ghosted by 7-Eleven, Canada's convenience store king has gotten the message that it's time to start seeing other people. Flying saucer research is no longer just the domain of the tin-foil hat crowd, as the federal government could soon be watching the skies.

Canada's biggest tech company is helping ChatGPT fire the starting gun on a new era of online shopping. It's rare that a company files for an IPO in Canada these days, let alone an American company. And yet…

This might upset our real red-blooded Italian readers, but Canada will soon get more Olive Gardens. Banks have found a new junior analyst who's always on time, doesn't take vacation, and will never complain about a lack of work-life balance.

New research has found yet another way the pandemic left our collective health worse off. The prime minister is going to need a spreadsheet to keep track of all the CEOs he's not allowed to talk to.

Ruoming Pang recently accepted a pay package of more than US$200 million over several years. He's not an athlete, or a movie star, but a new member of Meta's “superintelligence” team. Facing the prospect of a 300% property tax hike, a small town just outside of Timmins, Ontario, is throwing in the towel.

We knew that limiting international student visas would be bad for post-secondary schools, but we couldn't have known it would cause one of the largest mass layoffs the sector has ever seen. The performance of mutual funds might be falling, but that isn't stopping salespeople at Canada's largest banks from selling them to customers.

A Canadian company seems to have found a way to use AI in Hollywood without getting anyone sued. An ideologically motivated violent plot that had been in the making for at least four years was shut down by a series of arrests this week.

AI is being given the tall order of deciphering what exactly happens in those long meetings on Parliament Hill. As the price of copper rises, so has the number of thieves snipping it from power lines.

The Calgary Stampede is the only place in the world where you'll catch business leaders flipping pancakes in the morning and chasing deals into the evening. It has probably never been more important to make a deal with the U.S., and it has probably never been more difficult either

Uber drivers in Victoria are forming Canada's first rideshare union. The feds want more electric cars. Automakers want more people to actually buy them. Right now, neither side is getting what it wants.

It turns out Gen Z's anti-alcohol reputation might have been overblown. China is beginning to do to the AI industry what it has done in nearly every other major area of the global economy

Yesterday was Canada Day, which this year was also the federal government's promised deadline for achieving internal free trade. Saunas are steamy, Ice baths are freezy. Combine the two, and you've got a business that's dreamy.

Ever loan a friend some cash just to see them splurge on some questionable purchases a week later? The federal government has found itself in a similarly awkward situation. We knew that the growth in Canadian youth unemployment was bad, but we didn't realize it was ‘worst among the world's biggest economies' bad.

Being inside with no air conditioning during a heat wave sucks. The world's top central bankers are warning everyone that stable coins are not-so-stable. 

Buy Canada has come for scrolling and posting. You wouldn't think the financial meltdown of a U.K. utility would inflict billions in losses for some of the largest Canadian investors, but that's exactly what the demise of Thames Water is doing.

Canada's competition watchdog wants to fly in some international reinforcements to shake up the country's airline duopoly. Critics are worried that Canada's newest law will lay an egg.

Podcasting is so last year. These days, anyone who's anyone has their own phone company. Like a restaurant with a fresh Michelin star, Canada is suddenly tough to get into.

Investors are betting big that autonomous vehicles are here to stay. Hate to break it to you, Dolly Parton, but these days you're lucky to be working a 9 to 5.

A new automaker is looking to bring a splash of French panache to Canada's EV market. You know the economy's in a weird place when Beyonce tickets and late-night DoorDash orders are getting financed like mortgages.

A tragic plane crash in India has cast a dark shadow over the aviation world. The Supreme Court of Canada is about to decide if clicking “I agree” actually means you read or understood a single word of the terms and conditions.

The world's two biggest economies have managed to hash out their trade differences… for now. Why have a macchiato when you can have a jacked-iato?

If one of Canada's biggest developers gets his way, it might not be long until every new house on your block is assembled in three days like a giant Lego set. For over a decade, news publishers have basically built their business models around generating traffic on Google Search. Turns out, this may have been shortsighted.

Mark Carney rode promises to unify and grow Canada's economy all the way to the prime minister's office. Now comes the difficult part: actually doing it. One of the rising stars of Canada's startup scene has slowly burned out.

With a $2 trillion succession tsunami on the horizon in Canada, Indigenous entrepreneurs are getting their chance to take the reins of mom-and-pop shops across the country. Amazon's newest parcel carriers won't be interested in any small talk when they drop off your package. In fact, they won't even be capable of it.

One of the world's most storied newsrooms is opening its doors to anyone with an opinion and a laptop. B.C. now stands for Building infrastruCture. (Okay, that was a stretch, but you get the gist.) 

Buckle your proverbial seatbelts, because the global economy is heading for a rough patch, and Canada is set to get rocked. The fashion world's hottest trend? Getting hacked.

Meta is close to handing the reins of its ~US$160 billion ad business to the robots. Once a rite of passage and revenue lifeline for musicians, touring is becoming more of a financial coin flip than a guaranteed payday.

With his global tariff agenda in legal jeopardy, Donald Trump is doubling down on some of his original trade targets. After a 355-year run, Hudson's Bay Company is closed for business.

A series of court rulings has thrown Donald Trump's global trade war into legal limbo. The guiding philosophy of the new Liberal government's approach to infrastructure projects is the same one as Larry the Cable Guy's: “Git-r-done.”

With landlines collecting dust and cable TV hanging by a thread, Bell is betting big on its next act: powering AI models. Bitcoin is back on the menu for Big Business.

Constant air traffic outages at Newark Liberty International Airport might be making all the headlines these days, but the situation at home is also raising tempers. The hangover from Canada's decades-long debt party is starting to hit — and it's a rough one.

Foreign investors have pulled back from Canada's stock market like they put their hand on a hot stovetop. Chinese automaker BYD is leaving Tesla in the dust in yet another major car market.

Chronic online shoppers, beware: your budget hauls could get a lot more expensive. The fate of 300-odd ostriches in B.C. has become a cause célèbre for animal rights activists

Welcome to the unofficial Canadian summer job program. The first (and only) step: getting ghosted by every prospective employer. A B.C.-founded company was one of the stock market's biggest winners yesterday as it promises to do the near-impossible: deliver non-hypothetical uses for quantum computing.

Canada Post looks like it's entering its angsty teen phase: confused, broke, and in the middle of a serious identity crisis. Not only is Canada's Armed Forces struggling to get recruits in the door, but many of those who do give military life a whirl are deciding it's not for them.

What makes a TV show Canadian? Answering that is more confusing than you might think. What do you get when you mix natural gas, Indigenous equity, and a $400 million loan guarantee? A surprisingly feel-good pipeline story.

Canada's uphill battle to meet NATO's defence spending target looks like it's about to get a lot steeper.  Robinhood is looking to assemble a merry band of Canadian crypto traders. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Mark Carney put his stamp on his new government with a cabinet made up mostly of new faces. The wheels are starting to come off Canada's $57 billion EV bet. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

In the strongest showing of American-British solidarity since the Spice Girls posed with the stars and stripes, the U.S. and the U.K. have squashed their burgeoning trade war. Canadian school boards have learned the first lesson of cyber warfare: Never trust the word of a hacker that's extorting you. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Only time will tell if today's meeting between Canada's PM and America's prez was the start of a beautiful friendship. With record players, film cameras, and vintage video games all back in style, a struggling staple of Canadian malls is hoping that a dose of nostalgia can turn things around. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Lights, camera… confusing tariff action! On the precipice of an ugly boardroom battle, one of Canada's largest retailers is trying to pull off an 11th-hour deal. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO

Your dad's favourite store is looking to scoop up the scraps of Canada's oldest company. Canada's biggest city will be a testing ground for a new type of delivery driver. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO