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

Today on The Peak Daily, we break down Airbnb's biggest overhaul yet and what it means as travel apps race to become “super-apps.” Then, we look at why more young Canadians are skipping shoebox condos and eyeing cottages as a first step into homeownership, and the financial trade-offs that come with it. Plus, in The Big Picture: Meta cuts 10% of its workforce, Canada's largest drug bust in Manitoba history, and OpenAI and SpaceX inch closer to IPOs.The Peak Daily is produced in partnership with reframevid.com

Cohere is making a bold move into biotech with the acquisition of Montreal's Reliant AI, aiming to bring agent-powered tools to drugmakers. Plus, Canada's army is planning a major reorganization that could add new divisions, drones, and long-range firepower. In The Big Picture, we break down the latest inflation numbers, Nissan's reported plans to ship Chinese-made EVs into Canada, and Google's shift toward a chatbot-style search experience.The Peak Daily is produced in partnership with reframevid.com

On today's episode of The Peak Daily, we look at why recent grads are turning on AI — and what that backlash says about a brutal entry-level job market. Then, we break down the proxy fight brewing at Lululemon as founder Chip Wilson tries to steer the company back to its premium roots. Plus, in the Big Picture: a $420B utility mega-merger powered by data-centre demand, Elon Musk's OpenAI case gets tossed, Canada confirms its first case of the Andes strain of hantavirus, and more.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down Ottawa's new plan to double Canada's electricity generation by 2050, and why it could reshape costs, climate policy, and the grid as demand surges from data centres, EVs, and defence production. Then, we look at a Canadian startup taking pre-orders for a $20 custom hearing aid, and what ultra-low-cost devices could mean for accessibility. Plus, Honda's brutal EV year and the pause on its Ontario plant, Canada's push to restrict social media and potentially AI chatbots for minors, a scorching AI IPO debut, and more.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we're breaking down Ottawa and Alberta's industrial carbon pricing deal and what it means for a proposed new west coast pipeline. Then, we look at why top MBA programs are slashing tuition as enrolment drops and employers prioritize AI fluency over traditional credentials. Plus, in the Big Picture: Anthropic pulls ahead of OpenAI in corporate adoption, Trump and China's leaders open high-stakes talks in Beijing, and Ottawa's AI spending tab crosses $800M.The Peak Daily is produced in partnership with reframevid.com

In today's Peak Daily, the rise of “tokenmaxxing,” as Amazon workers allegedly pad AI tool usage to look more productive, and what it says about how companies are measuring performance in the AI era. Plus, Dunkin' is officially coming back to Canada with plans for hundreds of locations, setting up a fresh fight in an already crowded coffee market. Finally, Ottawa names the first recipients of its AI Compute Access Fund, TikTok wants to become your travel booking app, and eBay swats away a massive GameStop bid.The Peak Daily is produced in partnership with reframevid.com

A Toronto Police corruption scandal is forcing prosecutors to review dozens of federal cases, raising the risk that some charges could be thrown out. We also look at a new TD report warning food inflation could pick up as fertilizer supplies are disrupted through the Strait of Hormuz. Plus: OpenAI's new DeployCo consulting unit, federal support for Telus's B.C. data-centre expansion, Disney's box-office momentum, and more.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down the backlash to Kevin O'Leary's massive “Stratos” data centre project in Utah, and what the politics of power, land, and water could mean for the AI boom. Then we look at why today's AI models still struggle to pick winning stocks, and how overconfidence can push investors into making worse trades.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we unpack the rise of the “boomerang generation” as more Canadians in their late 20s and 30s move back in with their parents, driven by housing costs that have far outpaced income growth. Then, we look at Ontario's plan to greenlight what could become the world's largest nuclear power plant, and what it signals about Canada's energy future as demand surges. Plus, a prediction-market giant raises a massive round, and one big number on how concentrated stock market gains have become.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down Honda's reported decision to shelve its planned $15B EV complex in Ontario, and what that signals for Canada's already-wobbly auto sector. Then, we look at the surprisingly hot new retro tech trend: screen-free, Wi‑Fi-enabled “landlines” for kids. Plus, Samsung joins the trillion-dollar club and new research suggests AI could help improve ER diagnosis accuracy.The Peak Daily is produced in partnership with reframevid.com

The U.S. signals a possible pivot toward AI oversight, with talk of government reviews for new models and Big Tech sharing early versions with federal officials. Then, Meta's latest approach to age verification raises eyebrows, using AI to estimate age from photos and videos by analyzing clues like height and bone structure.Also, Mark Carney naming Louise Arbour as Canada's next governor general, new details on the Alto high-speed rail route, and a rare warning about possible human-to-human hantavirus transmission.The Peak Daily is produced in partnership with reframevid.com

We break down the first Canadian-dollar-backed stablecoin, CADD, and what a loonie-pegged token could mean for crypto adoption and Canadian financial sovereignty. Then, Canada's cattle producers push back on a potential Mercosur trade deal they fear could flood the market with cheaper beef from Brazil and Argentina. Plus Ottawa's new tariff-relief support for manufacturers, Alberta's separatist petition for an independence referendum, and renewed conflict around shipping through the Strait of Hormuz.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we're heading to Beijing's massive auto show to see why China's EV makers are pulling ahead, and what it could mean for North American giants like Ford, GM, and Stellantis. Then, we break down a quiet Canadian tax change that could make it easier for business owners to sell to employees through Employee Ownership Trusts — potentially reshaping who owns the country's small businesses.The Peak Daily is produced in partnership with reframevid.com

Canada is getting serious about fighting white-collar crime with a new Financial Crime Agency, and OpenAI is trying to rein in a strange side effect of its latest model: ChatGPT's sudden obsession with goblins. Plus, Alberta separatists' access to private voter data, Bombardier's best cash-flow quarter in decades, Polymarket's new insider-trading detection tools, and more.

Today on The Peak Daily, we break down a proposed mega-merger that could reshape the already concentrated elevator industry — and why Canada's chronic elevator shortage and sky-high costs could get even worse. Then, we look at Canada's selection as host of a new multinational defence bank designed to unlock cheaper, long-term funding for military projects, and what it could mean for Canadian defence manufacturing. Plus, in The Big Picture: the Bank of Canada and the U.S. Fed hold rates steady, families of Tumbler Ridge victims sue OpenAI, and Uber pushes deeper into travel.

In today's episode of The Peak Daily, we dig into the warning signs behind OpenAI's massive spending spree as the company reportedly misses key revenue and user-growth targets — raising fresh questions about whether the AI boom is outpacing sustainable business models.Then, we look at why Canada is pushing to get serious about robots, as a new committee aims to unlock more funding and accelerate automation adoption to help tackle productivity challenges and labour shortages.

In today's episode of The Peak Daily, we break down Ottawa's new Canada Strong Fund — the country's first-ever sovereign wealth fund — and what it could mean for everyday Canadians and big infrastructure projects. Then, we look at Spotify's latest push beyond music as it teams up with Peloton to offer workouts and exclusive fitness content to premium subscribers.Plus, in the big picture: Rogers offers buyouts amid cooling telecom growth, OpenAI and Microsoft reshape their partnership, and Letterboxd's owner explores a sale.

Kids in Manitoba are about to find out what it was like growing up in a world without TikTok or ChatGPT. Got a great idea for a large-scale infrastructure project in Canada's national interest? It may be worth sending Energy Minister Tim Hodgson your pitch, because he's shopping.

In today's episode of The Peak Daily, we break down why foreign investors are returning to Canada — including a planned $1B bet on infrastructure and energy — and what it could mean for growth. We also look at Chinese smartphone brand Honor's early push toward a Canadian launch, plus the big picture headlines you need: the U.S. moves to reclassify marijuana, investors react to Lululemon's new CEO, and Meta cuts jobs to fund its AI ambitions.

We break down Meta's latest push toward AI agents — and what it could mean for human jobs — plus the growing fight over how Ottawa should deploy $750M to support Canadian startups. Then, in In The Lab, promising new data on a pancreatic cancer treatment, and one big number on the surge in Americans seeking Irish citizenship.

In today's episode of The Peak Daily, we unpack a viral (and likely AI-generated) YouTube network pushing the idea of Alberta becoming the 51st U.S. state — and why foreign influence campaigns can shape real political momentum. Then, we look at how Silicon Valley is building a new, tech-friendly media ecosystem, from VC-backed livestream news to founder-safe podcasts, and what it means for who controls the narrative. Plus: Canada's new Canada–U.S. trade advisory committee, proposed rules for domestic rocket launches, and CATL's lightning-fast EV battery recharge breakthrough.The Peak Daily is produced in partnership with reframevid.com

In today's episode of The Peak Daily, we look at how a Toronto biotech is using AI to rescue promising drug candidates that Big Pharma left behind — and what that could mean for the cost and speed of new treatments. Plus, Canada's Armed Forces hit recruitment targets again as pay boosts and expanded eligibility bring more people (including permanent residents) into the ranks. Then in The Big Picture: Tim Cook's CEO succession at Apple, gas-driven inflation, and Alberta moving to year-round daylight time.

In today's episode, we break down why beef prices are still climbing — and why Canadians may need to swap burgers for hot dogs this summer. Then we look at Sam Altman's World ID as it rolls out human-verification tools across apps like Zoom and DocuSign, raising fresh questions about biometric data and trust. Plus, a quick look at rising geopolitical risk and what higher energy prices could mean for inflation.The Peak Daily is produced in partnership with reframevid.com

Canada's biggest movie theatre chain, Cineplex, is exploring a potential sale or merger — a move that could put much of Canada's box office in foreign hands. Plus, Toronto wellness darling Nutbar heads to New York as the green-juice boom keeps booming. In the big picture: Xanadu's stock volatility, OpenAI's new drug discovery model, and a major $9B Canadian real estate deal.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down how a “boardroom playbook” is reshaping pro sports decisions in Toronto, why Anthropic may have surged ahead in the AI race. Plus Live Nation's monopoly ruling, Uber's robotaxi push, and LIV Golf's uncertain future.And tune in after for a special interview with Cristin Gooderham, Area Vice President, Canada Enterprise - Sales at ServiceNow about how Canadian companies are deploying AI to improve the customer experience. The Peak Daily is produced in partnership with reframevid.com

Canada's financial watchdog ramps up a crackdown on crypto-fraud money services businesses, while luxury automakers like Rolls-Royce cash in on the booming market for bespoke, one-of-a-kind cars. Plus Ottawa temporarily suspends the federal gas tax, Amazon makes a blockbuster satellite buy to challenge Starlink, and Canadian officials meet with Anthropic over the cybersecurity risks of its new model.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down Waymo's push to bring robotaxis to Toronto, and why it could be a turning point for autonomous ride-hailing in Canada. Plus, we look at Canada's grocery giants racing to open more discount stores as shoppers prioritize value amid stubbornly high food costs. Finally, we run through the big headlines: the Liberals' new working majority, a PFAS probe into Lululemon, and Meta's bid to overtake Google in ad revenue.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down the U.S. move to blockade the Strait of Hormuz and what it could mean for global shipping, oil prices, and markets. Then, we dig into the booming “annoyance economy” — the hidden fees, endless hold times, and cancellation hurdles that cost consumers billions, and how AI is making it worse. Plus, Viktor Orbán's surprise defeat in Hungary, floor-crossing talk in Ottawa, Quebec's new premier, and more.The Peak Daily is produced in partnership with reframevid.com

Today, we're breaking down how BlackBerry is back in the black thanks to its QNX vehicle software business, and why the company's pivot to “computers on wheels” could power its next chapter. We also cover the BDC's new $150M life sciences fund, and what it could mean for Canadian startups trying to turn world-class research into real companies. Plus, in the big picture: Trump's pressure campaign on NATO allies, a major Quebec port expansion getting underway, and why Canadian rents just hit their steepest year-over-year drop in nearly five years.'The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we look at why Anthropic is keeping its powerful new AI model, Mythos, under wraps amid hacking fears, and what that could mean for the next wave of cyber threats. Then, dig into Air Canada's pilot project to fast-track passenger complaints with a new third-party arbitration process as the CTA backlog balloons. Plus, a hopeful note from the lab: an Oxford-built AI tool that can spot heart-failure risk years early.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily: why Bill Ackman wants to take a swing at Universal Music Group, and what a potential US$64B deal could mean for the future of streaming, music rights, and AI disruption. Toronto's Rosedale to unpack a proposal for Canada's first “virtual gated community,” powered by Flock's AI license-plate surveillance, and the privacy and policing concerns that come with it. Plus, the big picture: OpenAI, Anthropic, and Google reportedly coordinate to curb model-copying, Toronto home sales tick up for the first time in months, and more stories on the radar.The Peak Daily is produced in partnership with reframevid.com

Today we break down why Alberta's separatist referendum push could get derailed in court, as the Sturgeon Lake Cree Nation argues the petition violates treaty rights and the Constitution. Then, they look at the rise of phone-free bars, restaurants, and cafes that are betting customers will pay for a few hours of real-world focus and conversation.In The Big Picture: Iran rejects a proposed ceasefire as U.S. threats escalate, Canadian immigration officials warn that AI-generated fabrications are clogging asylum and immigration systems, and NASA's Artemis II crew sets a new human distance record on a lunar flyby.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down the mounting tension between the U.S. and NATO as President Trump floats an exit that could shake global security and force allies like Canada to rethink their defence readiness. Then, we look at the rapid rise of nicotine pouches in tech workplaces, Ottawa's crackdown, and why regulators worry a new generation is getting hooked. Plus: SpaceX's blockbuster IPO filing, Stellantis' talks to build Chinese EVs in Canada, and a high-powered Canadian delegation heads to Beijing.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we're breaking down a new wave of “digital arrest” scams that use fake police-station sets and video calls to intimidate victims into sending money — and what Canada may do next to curb fraud. Then, we look at the rough patch hitting the video game industry as Eidos Montréal cuts staff and cancels a long-running project, and what the downturn means for Canada's gaming economy. Plus, OpenAI's massive new funding round, signs Trump may be ready to wind down the Iran conflict, and a major change that will let more Canadians see nurse practitioners without paying out of pocket.The Peak Daily is produced in partnership with reframevid.com

Today on The Peak Daily, we break down NASA's Artemis II mission as it prepares to send four astronauts, including Canadian Jeremy Hansen around the moon. Then, we look at why the closure of the Strait of Hormuz is pushing parts of Asia toward emergency energy cuts and could send prices soaring worldwide. Plus Air Canada's CEO plans to step down, Canada moves to slash development fees to spur homebuilding, and Meta tests a new premium subscription for Instagram.The Peak Daily is produced in partnership with reframevid.com

In today's Peak Daily: Canada hits NATO's 2% defence spending target for the first time, committing $84B over five years as Ottawa rethinks reliance on the U.S. Then, a blistering new report finds major gaps in the federal Indigenous procurement strategy, raising concerns about oversight and shell companies. Plus, quantum computing standout Xanadu goes public, the Liberals table election-law reforms to curb foreign interference and deepfakes, and Canada's competition watchdog reviews a potential Paramount–Warner Bros. merger.The Peak Daily is produced in partnership with reframevid.com

In today's Peak Daily: Canada hits NATO's 2% defence spending target for the first time, committing $84B over five years as Ottawa rethinks reliance on the U.S. Then, a blistering new report finds major gaps in the federal Indigenous procurement strategy, raising concerns about oversight and shell companies. Plus, quantum computing standout Xanadu goes public, the Liberals table election-law reforms to curb foreign interference and deepfakes, and Canada's competition watchdog reviews a potential Paramount–Warner Bros. merger.The Peak Daily is produced in partnership with reframevid.com

Canada is getting its first mainstream prediction markets, with Wealthsimple clearing a key regulatory hurdle and raising fresh questions about oversight and insider trading. Plus, OpenAI shuts down Sora and its splashy Disney partnership, underscoring the steep costs and shaky demand for AI-generated video. In the big picture: Ontario expands its new-home tax rebate, YouTube and Meta are found guilty in a social media addiction trial, and Iran rejects a U.S. ceasefire proposal.

In today's episode, we explore how Canada's independent bookstores are banding together through Booksellers.ca, a new digital marketplace that pools inventory from 160 indie sellers to compete with Amazon and Indigo. Then, we dive into the turmoil at Cricket Canada, where constitutional violations, match-fixing investigations, and leadership controversies are threatening to derail one of the country's fastest-growing sports. Plus, Apple tests a chatbot-style Siri, Alberta's oil pipeline deal faces delays, BMO launches blockchain tokenization, and more Canadian business news.The Peak Daily is produced in partnership with reframevid.com

In today's episode, we explore how AI agents are becoming workplace assistants, with Mark Zuckerberg building his own personal AI to help run Meta. We also dive into the alarming 400% surge in staged car crashes across Canada and what's driving this insurance fraud epidemic. Plus, we cover the tragic Air Canada crash at LaGuardia Airport, the Auditor General's findings on foreign student admissions, and Trump's delayed strikes on Iran after diplomatic talks. The Peak Daily is produced in partnership with reframevid.com

In today's episode, we examine how the war in Iran threatens to derail the AI boom through rising energy costs and supply chain disruptions. We also explore whether Banff National Park's record 4.5 million visitors signals an overtourism crisis. Plus, Trump's 48-hour ultimatum to Iran, OpenAI's aggressive hiring plans, Cuba's latest power grid collapse, and more in our Big Picture segment.

Death, taxes, and Finland ranking as the happiest country in the world are all certainties in this world. But Canada's place among the world's cheeriest nations is no longer a sure thing. Less than a week out from a new MLB season, the league is entering the gambling industry's most controversial corner.

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 likely viable business model: selling their tools to businesses.

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 centers consume the majority of RAM production. We also examine how Canadian pension funds are facing disappointing returns from their private equity investments amid a sector-wide downturn. Plus, we cover Canada's inflation cooling to 1.8%, Bell's Saskatchewan data centre project, and Ottawa's ~$200 million investment in Nova Scotia's first domestic satellite launch pad. The Peak Daily is produced in partnership with reframevid.com

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 consideration of banning paid plasma collection following two donor deaths at Grifols facilities. We also cover the global oil supply crisis as Iran continues blocking the Strait of Hormuz, Ottawa's revised crime bill on telecom data access, and Uber's launch of its premium Elite service. The Peak Daily is produced in partnership with reframevid.com

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 supply chains, plus Costco Canada's surprising drop of heavily discounted Off-White luxury hoodies that sold out instantly. We also cover Canada's meaningful housing supply gains in 2025, new banking fee limits saving Canadians millions, and MDA Space's upcoming NYSE IPO. Additional highlights include Tesla and xAI's "Macrohard" collaboration tool, McDonald's new budget meal deals, and OpenAI's plans to integrate Sora into ChatGPT. The Peak Daily is produced in partnership with reframevid.com

In today's episode, we explore how AI companies are facing mounting legal pressure following tragic incidents linked to their chatbots. The family of a Tumbler Ridge shooting victim has filed a lawsuit against OpenAI, alleging the company failed to report the shooter's violent ChatGPT conversations to authorities despite internal warnings. We also cover Ontario Premier Doug Ford's plan to take control of Toronto's Billy Bishop airport to push through a controversial expansion that would allow jet landings. Plus, the latest on the Iran conflict, TikTok's return to Canada after agreeing to new privacy concessions, and the shooting at the U.S. consulate in Toronto being investigated as a potential national security incident. The Peak Daily is produced in partnership with reframevid.com

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 with laptop-toting customers who camp out all day on a single purchase, forcing owners to get creative with policies like purchase-per-hour requirements and designated work zones. Then, we head north to the Yukon, where the government is streamlining mining regulations to attract investment in critical minerals like tungsten—a move that could give Canada leverage in upcoming trade negotiations with the U.S. Plus Trump declares the Iran conflict nearly over, Canada commits nearly $1 billion to domestic defence innovation, and Live Nation settles its antitrust case with major concessions. The Peak Daily is produced in partnership with reframevid.com

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 restaurants that depend on booze sales. We also break down why gas prices are surging as oil nears $100 a barrel, driven by Middle East tensions and supply disruptions. Plus Prime Minister Carney calls crucial byelections that could secure a Liberal majority, Iran prepares to name a new Supreme Leader as the war escalates, and OpenAI's robotics chief resigns over the company's Pentagon deal. The Peak Daily is produced in partnership with reframevid.com

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 spree, positioning itself as a leader in Canada's thriving legaltech sector. Then, we examine troubling failures in AI-powered healthcare systems, including a Utah prescription tool that was easily manipulated into dangerous recommendations. Plus,OpenAI's upcoming "extreme reasoning" mode, a historic Canada-Australia pension investment deal, Ottawa's AI-powered immigrant settlement tool, and more updates from the world of business and tech. The Peak Daily is produced in partnership with reframevid.com

In today's Peak Daily, we explore Roots' strategic review as the iconic Canadian brand considers a potential sale amid challenging retail conditions. Then, we dive into the booming market for dinosaur fossils, where billionaires are paying millions for prehistoric treasures. Plus, Canada's new critical minerals funding, Middle East evacuation plans, Wealthsimple's SWIFT entrance, and more. The Peak Daily is produced in partnership with reframevid.com