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. Sponsored in part by Canada Post. Get help growing your small business at Canadapost.ca/gr
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
The separatist movement in Québec may be dying down, but in Alberta, the idea of a divorce from Canada is picking up steam. A two-decade-old movie was the second-highest-grossing film in North America this past weekend. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Yesterday marked President Donald Trump's 100th day in office for his second term. A two-decade-old movie was the second-highest-grossing film in North America this past weekend. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
New AI tech promises to make acing interviews or closing sales calls easier. Unfortunately, that convenience may come at the cost of rotting your brain. A massive power outage left much of Spain, as well as Portugal, cloaked in darkness.
Like squirrels storing nuts for the winter, Chinese e-commerce sellers are turning to Canada to hoard goods in response to frosty conditions. Tesla investors are hoping Elon Musk is finally giving his bureaucracy chainsaw a breather. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Election AI slop isn't just flying around on Facebook pages — it's coming for your Kindles. Vancouver restaurants, Victoria breweries, and Tofino beaches might be a tad more crowded this summer. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Catholics — and fans of the Oscar-winning hit Conclave — are awaiting a big decision. When it comes to tech, breaking up with U.S. suppliers is hard to do. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
We are one big step closer to a weight-loss pill that actually works. Social media fitness app Strava isn't able to give great workout advice - but that's about to change. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Amid recession worries, a global trade war, and a softening job market, Canadians aren't buying homes. Just like shoppers at the grocery store, Canada's pension funds are feeling a little uneasy about buying American at the moment. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Farms around the world could lose their go-to weed-fighter any day now. Antitrust regulators want Facebook, Instagram, and WhatsApp to block and unfollow each other. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3T
“Liberation Day” is here — we wish you could see how hard we just rolled our eyes — with the U.S. ready to enact sweeping tariffs. Rogers will spend $11 billion to hold onto one of the country's most cherished pastimes: watching hockey.
In our best Milhouse from The Simpsons voice Remember Napster? It's back! In metaverse form. It may not have a lab coat or indecipherable handwriting, but AI is starting to make waves in the healthcare space. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The game plan for what U.S. President Donald Trump has dubbed “Liberation Day” is being flipped on its head. The maker of 2017's hottest holiday gift is in dire straits.
The campaign to determine who will form the next government (and whether poor Charles Tupper will lose his spot as Canada's shortest-tenured Prime Minister) is officially on. You can add pilots to the list of national shortages Canada needs to solve.
Canadians who swore off U.S. travel in response to tariffs are evidently quite serious about their pledge, and airlines are starting to feel the impact. Drug makers like Aspen Pharmacare, Sandoz Group, and Hikma Pharmaceuticals are racing to put out cheaper, generic versions of popular drugs used for weight loss. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The federal government took the phrase “an eye for an eye” to heart, wasting no time responding to the U.S.'s 25% tariffs on Canadian goods and 10% on Canadian energy. One of Canada's biotech hot spots is hoping a shiny new research hub will help bring more of the [US$2.8 trillion](https://thoughtleadership.rbc.com/canadas-biotech-reboot-how-to-keep-the-vital-life-sciences-sector-strong/#:~:text=Supported by a world-class,growing%2C high-value field.) global life science business to the city. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The NHL's 4 Nations Face-Off hockey tournament begins tonight, with Canada taking on Sweden at Montréal's Bell Centre. Canadian airlines are probably hoping that the “Buy Canadian” movement includes travel.
Just when we thought we were safe, a fresh round of U.S. tariffs is on the way. The third annual AI Action Summit wraps up today in Paris as global leaders and AI industry big-wigs chat about innovation over croissants and cafe au laits.
From switching up groceries to relocating weddings, Canadians are looking to spend their cash outside of the U.S. Like John Hughes in the '80s, Canada's tech industry is writing its own coming-of-age story.
We have good news, and good-ish news: full-bodied California reds are back on LCBO shelves, and President Donald Trump will delay slapping tariffs on Canadian goods until at least March 1. Later this month, Tim Hortons will bring back its iconic Roll up to Win cups after a years-long hiatus.
A possible breakthrough in China could put an end to the AI stock rally that one U.S. analyst called “one of the greatest spending binges in human history.” Vail Resorts, the owner of ski resorts including Whistler Blackcomb, is veering off-piste. Plus an interview with Cisco and the Wiikwemkoong Unceded Territory.
Entrepreneurship in Canada is on the rise if you only look at organized crime. Canada Post projects it will lose $900 million this year, with losses expected to balloon to $1.7 billion by 2029. What's a national postal service to do?
The hammer is finally coming down on federal worker numbers, which ballooned by over 43% from 2015 to hit 367,772 last year. Retailers continue to struggle to offload extra inventory, but the outdoor industry has been especially hard hit.
On his first day in office as U.S. president, Donald Trump signed ~200 actions, memos, and proclamations. The good news is a directive to ignite a trade war with Canada wasn't one of them. The bad news is he says tariffs are coming, and soon. For a brief period after Confederation, cricket was Canada's national sport. It likely won't ever regain that status, but it is still on the come-up.
With TikTok potentially leaving U.S. app stores next week, millions of scrollers and posters are looking for greener — or in this case, redder — pastures. As Los Angeles grapples with one of the costliest natural disasters in U.S. history, insurers in Canada are wrestling with their own severe weather dilemma.
LinkedIn is working with hiring software company Greenhouse to crack down on a rise in so-called ghost jobs. You know how they say that the cream always rises to the top? Well, in the case of Canadian startups, it floats.
If you can't shake the feeling that your grocery bags feel a little lighter than usual, you might actually be onto something. Canadians have a new step they must take before saying 'allo 'allo to Merrie Olde England.
With less than two weeks until he moves back into the White House, Donald Trump is laying the groundwork for a potential trade war with Canada. While the primary use for 3D printers still appears to be arts and crafts, one B.C. company is using them to combat one of the world's fastest-growing diseases. Plus our interview with Randall Bartlett, Deputy Chief Economist at Desjardins!
In the face of abysmal approval ratings and at least two dozen of his colleagues calling on him to step down, the prime minister appears to have finally taken the hint. Scotiabank has a reputation of being the most international Canadian bank, and the only one of the Big Five lenders that's made a serious footprint in South and Central America. However, it's now looking to collect more passport stamps closer to home.
In February, Canadian Paul Krusky was detained in France on drug and money laundering charges related to the encryption software EncroChat. Krusky's lawyer has told the Globe and Mail, “The story that was constructed by the police to get him in jail is cracking.” Oura's smart rings have become one of the most successful gadgets of 2024.
With all eyes glued to the drama on Parliament Hill this week, you may have missed that the feds announced new plans for border security, money laundering, and Chinese tariffs. In Toronto this year, nearly 15% of all shooting incidents were related to the tow truck industry.
We woke up yesterday expecting a simple fall economic statement. Instead, we got chaos. The Canada Post strike, by the numbers: 29 days spent on the picket line, about 15 million parcel deliveries lost, and an estimated $1.6 billion hit to small businesses.
Elon Musk's brain chip company is ready to crack open some Canadian skulls (in a good way). If you've been kicking the tires on a new business idea, now might be the time to take a crack at it.
North Vancouver RCMP revealed it had thwarted an attempted heist of $12,800 worth of cheese at a grocery store. It's the latest in a string of high-profile dairy-based robberies. Nuclear reactors could be the next big Canadian export alongside maple syrup and movie stars named Ryan.
The days of podcasts being an audio-only medium are long gone. And Spotify knows it. Like graphic tees and bucket hats, nuclear power is back as countries look to meet rising energy demand, boost energy independence, and move to low-emission power sources.
For the second time in less than three months, Ottawa is stepping in to stop a pair of potentially catastrophic strikes. Canadian hydro exports are running drier than our mouths after a high-stakes presentation.
As the Wu-Tang Clan once elegantly deduced, “Cash rules everything around me, C.R.E.A.M.” That mantra is also the theme of the UN's COP29 climate summit, which kicked off yesterday as global ministers and climate experts touched down in Baku, Azerbaijan. As cities across Canada grapple with lower ridership, one town in Ontario seems to have found a solution.
Bell is taking a pricey shot at expanding its Canadian dominance south of the border. The feds have put another feather in their carbon-cutting cap.
With wine consumption plummeting to a 27-year low, the industry is trying to make people feel better about indulging in a bottle of vino. The Oracle of Omaha has gazed into his future and seen a lot of cash.
Like the Jack-o'-lantern starting to rot on your porch, the loonie isn't looking too good this morning. As cruise companies continue to rake in record profits, they're setting their sights on what could be the industry's next big play: private islands.
As Kamala Harris and Donald Trump gear up for election day, one factor could decide the race. To quote the legendary political strategist James Carville: “It's the economy, stupid.” After a year of talks, China and Canada have made progress on increasing flights between the two countries as pandemic-era restrictions and political spats fade.
The Canadian e-commerce company that got its start selling snowboards online is expanding beyond mom-and-pop shops. Could the solution to Canada's housing shortage lie in robots picking up the slack?
The only people who hate sick notes more than under-the-weather employees? The family docs who have to sign them. Rain, hail, and sleet might not stop mail couriers from delivering letters, but a strike could.
For the first time in over a decade, Ottawa is planning to reduce the number of new immigrants entering Canada. New numbers from The Weather Network confirm what we already knew to be true: everybody is obsessed with checking the weather. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Swedish EV battery maker Northvolt is — to use a highly technical financial term — in deep doo-doo. The federal government convened 200 leaders from the public and private sectors at Hotel Bonaventure in Montréal this month to share ideas on strengthening the country's workforce. The friendly house hippo that taught Canadians not to trust everything they see on TV has found itself a new gig. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
With the U.S. presidential election less than two weeks away gulp, canvassers are busy going door-to-door to get the word out in… Windsor, Ontario? The Major League Soccer (MLS) playoffs kicked off last night, but the league was already popping champagne after notching the best regular season in its 27-year history. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
There's a (very slight) chance that the next series you binge will be a Chick-fil-A original. Canada is trying to bring the system responsible for collecting $40 billion a year in tax revenue into the 21st century, but a new digital portal is causing confusion for shippers. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Marathons are becoming so popular that race bibs are starting to get resold like they're Oasis reunion tour tickets. Opinion polls may show a tight race between Kamala Harris and Donald Trump, but on upstart prediction markets, Trump has suddenly become a heavy favourite. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The company behind Ski-Doo wants to burn more rubber, shred more pow, and ride fewer waves. The language spoken by over 39,000 Inuit people across Canada has been added to the world's go-to translator. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Canada has been wasting more milk than a toddler refusing to use their sippy cup. Ontario has a new idea to cut down on traffic in case plans to build the world's biggest highway tunnel don't pan out. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
The Sphere, the 366-foot-tall domed venue in Las Vegas with an eye-catching LED exterior, is getting a sister location A growing number of young folks are getting their investment advice from the same place they shop, date, and fawn over videos of baby hippos: the internet. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO