The Peak Daily

Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three bigge

Episodes

Total: 738

Go West 🤠 — Amazon Web Services plans to open a new hub in Alberta. COVID booster shots were approved by Health Canada. And Shell will begin construction of a solar farm in Alberta.

2021/11/10

Amazon Web Services will open its second Canadian location in Calgary. Health Canada approved Pfizer

Bolt ⚡️ — Ikea makes a big bet on Toronto-based Bolt. Elon plans to sell a bunch of his Tesla stock. And Helion Energy is trying to make electricity free.

2021/11/9

IKEA invested $115 million in Toronto-based Bolt. Elon Musk held a Twitter poll on whether he should

Empire strikes back 👑 — A BC Supreme Court judge rules in favour of Ed Rogers. Pfizer's COVID pill is found to be super-effective. And Tesla's opening a plant in Canada.

2021/11/8

A BC Supreme Court judge ruled that Edward Rogers can replace five of the independent directors of R

GFANZ 🌎 — A global alliance of financial institutions to fight climate change. Lightspeed is slowing down. And Mark McEwan's restructuring plan was denied.

2021/11/5

Former central banker Mark Carney has built an alliance of 450 companies who pledge to focus their i

Floating 💸 — Float raises a huge round. Compass picks Ontario for its newest mine. And Maine denied Quebec their power lines.

2021/11/4

Toronto-based Float raised $37 million from investors, including Tiger Global. Crypto mining company

So long Ecobee 🌡 — Ecobee gets bought. Buyers bid over Canadian lithium. And Bell wants to kill the Rogers/Shaw merger.

2021/11/3

Generac buys Toronto-based Ecobee for $770 million after the company struggled to compete with Googl

See you in court 👩‍⚖️ — The Rogers family is taking each other to court. Digital Currency Group raises $700m. And Rogers and Videotron are fighting.

2021/11/2

The Rogers family feud is going to the BC Supreme Court as Ed Rogers fights for control. Digital Cur

Dairy fairy 🥛 — The G20 held a meeting over pandemic and climate initiatives. The CDC (no, not that one) says the cost of dairy products will go up. And Microsoft has now beat Apple as the most valuable company in the world.

2021/11/1

The G20 met in Rome to discuss pandemic relief and initiatives to fight climate change. The Canadian

Meta 🌎 — Shopify missed earnings expectations. Hootsuite's thinking of going public. And Facebook is now Meta.

2021/10/29

Shopify missed earnings expectations after a record year. Vancouver's Hootsuite is considering raisi

Stimulus stymied 💸 — Bank of Canada ends their stimulus program. Fellow raises a huge round. And UofT divests from fossil fuels.

2021/10/28

The Bank of Canada announced that they'll be ending their stimulus program and quantitative easing.

Bread basket 🧺 — Tim Hortons sales reveal a suburban/urban divide. GM is building 40,000 charging stations in the US and Canada. And George Weston sold their bread division for $1.2 billion.

2021/10/27

Tim Hortons latest earnings report shows a drop off of sales in downtown cores while a surge in dema

REIT street 🏢 — Cenderel buys Cominar REIT. Faze Clan is going public. And Hertz is going electric.

2021/10/26

Quebec-based Cenderel bought Cominar REIT in a sign that commercial real estate is once again on inv

Advertising antics 📱 — The Rogers family drama continues. Snapchat's earnings were lower than expected. And Q4 is crawling towards their IPO.

2021/10/25

Martha Rogers is going public with complaints over her brother Ed Rogers' conduct. Snapchat's underp

Family feud 👨‍👩‍👧‍👦 — The Rogers family is fighting over the company. Shipping companies are going zero emission. And Roku is accusing Google of anticompetitive practices.

2021/10/22

The Rogers family is creating a Canadian version of Succession as they fight over the future of the

Inflation nation 💸 — Inflation is at a 10 year high. Surgeons successfully transplanted a pig kidney to a human. And Tether is under scrutiny.

2021/10/21

Inflation in Canada hit 4.4% due to the rising costs of housing, transportation and food. Doctors su

Fast Lane 🏢 — VTS buys Lane for $200 mil. KKR and Dundee buy 60,000+ songs. And Spin Master's getting into the VC game.

2021/10/20

VTS is buying Toronto-based real estate software firm Lane for $200 million as workers start returni

Fancy flying ✈️ — Twitter is hiring in Canada. Fights are more expensive than pre-pandemic. And Apple announced some new devices.

2021/10/19

Twitter is looking to grow their engineering team in Canada as they launch new products. Canadians a

Hot housing 🏠 — Canadian home sales are up. A Bitcoin ETF is launching in the US. And Drake's investing in a cannabis company.

2021/10/18

Canadian home sales increased for the first time in six months. A Bitcoin ETF is about to launch in

Edibles 🍭 — Inovia raises a new fund. Canopy Growth Corp gains option to buy Wana edibles. And LinkedIn leaves China.

2021/10/15

Inovia raises a new $334 million fund. Canopy Growth Corp buys to option to buy Wana edibles. And Li

Open borders 🚗 — The US is set to open the land border with Canada. They're also the biggest Bitcoin miner in the world. And Rose Rocket gets kissed by a financial rose.

2021/10/14

After nearly two years of closure, the US is about to reopen the land border to traffic from Canada.