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

Bike on 🚲 — Dorel sells their bike division. TSMC and Sony are building a new plant. And Magic Leap raises big money.
2021/10/13

Montreal-based Dorel sounds a pack of iconic bike brands to a Dutch holding company. Sony and Taiwan

Nobel prize 🥇 — A Canadian David Card co-wins the Nobel Prize in Economics. Netflix and Walmart are teaming up to sell merch. Notion raised a ton of money.
2021/10/12

Canadian David Card co-wins the Nobel Prize in Economics for his natural experiments in the study of

Mirror 🪞 — Lululemon is bringing Mirror to Canada. Freshbooks is buying FastBill. And Rent The Runway is going public.
2021/10/8

Lululemon is bringing their Mirror product to Canadian stores. Freshbooks is buying German FastBill

Hacked 👾 — Twitch got hacked. Regulators are trying to tame stablecoins. And Canada's not meeting its climate goals.
2021/10/7

Hackers released Twitch's source code, security info, and creator earnings, making for an uncomforta

Robot influencer 🤖 — Dapper buys Brud. Coconut Software raises $28 million. And Squid Games is a surprise success.
2021/10/6

Dapper Labs buys Brud to acquire software to help them launch their first Decentralized Autonomous O

Down 📉 — Facebook has a rough day. Rich people are evading taxes. And Volvo is going public.
2021/10/5

Facebook was down for a full day and we still don't know why. The Pandora Papers expose how the supe

Caller ID 📞 — Phone fraud is up in Canada. Ozy Media is no more. And Tesla continues to cruise.
2021/10/4

A Globe report found that phone number fraud attacks have increased between 2019-2020. US media comp

Battery powered 🔋 — A Chinese company wants to buy a lithium mine operator. Investors are going Fanatic over trading cards. And Lightspeed could slow down.
2021/10/1

China-based Contemporary Amperex wants to buy a Canadian lithium reserve to capture the growing dema

Still lonely 🙁 — CPPIB is going to sea. The US might run out of money. And Amazon's releasing a home robot.
2021/9/30

The CPPIB is spending $4 billion on a US port operator to capture shipping mania. The US may run out

Overheating 🔥 — CMHC says Canada's housing market is overheated and overvalued. CDPQ is going green. And Stripe is coming to Canada.
2021/9/29

CMHC says the Canadian housing market is currently both overheated and overvalued. CDPQ announced pl

Instagram is not for kids 🤳 — Instagram is delaying the launch of their kids product. China has an electricity shortage. And Copperleaf goes public.
2021/9/28

Facebook is pausing the launch of their Instagram for Kids product after pushback from lawmakers. Ch

Welcome home 🇨🇦 — The Michaels return to Canada. China bans Bitcoin. And the EU is consolidating ports.
2021/9/27

The Michaels are back home in Canada after two years in Chinese jail. China releases comprehensive c

Busted 🚔 — SNC-Lavalin is again in hot water. D2L is going to D2-the-TSX. And StandUp Ventures is standing up taller.
2021/9/24

SNC-Lavalin is in the spotlight (for all the wrong reasons). Waterloo-based edtech startup is lookin

UKUSCMA 🇬🇧 — Federal employees are getting a new payroll system. The UK wants in on the USMCA. And Dapper raises another huge round.
2021/9/23

The federal government announced a switch from their troubled Phoenix payroll system to Ceridian. Th

Chicken little 🐓 — Drake invests in Dave's Hot Chicken. We're (still) on Evergrande watch. And another company is complaining about Shaw and Rogers.
2021/9/21

Drake invests in Dave's Hot Chicken to expand his ever-growing business empire. Investors are still

Drill baby drill 🪛 — Suncor announces partnership. SpaceX sends a bunch of amateurs to space. And Gogoro goes public.
2021/9/17

Suncor announces partnership with indigenous communities to buy stake in Northern Courier Pipeline.

Inflation nation 📈 — Inflation is at record highs. Neo Financial raised a huge round. And is Evergrande the Chinese Lehman Brothers?
2021/9/16

Noticed things are getting more expensive? You're not alone. The latest Consumer Price Index has inf

Erin O'Toole's favourite album 💿— Update your iPhones. Bell is fighting the Rogers and Shaw merger. And Gary Gensler talks crypto to Congress.
2021/9/15

We interview Erin O'Toole, the leader of Canada's Conservatives. Update your iPhones because a team