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The Peak Daily: Daily Summaries Delivered
by The Peak / Curiouscast
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.
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The most recent episodes — sign up to get AI-powered summaries of each one.
- Yesterday7 min
Stack it up 💉- Health Canada cracks down on peptides, Everyone wants to be a solopreneur.
Health Canada has won an injunction blocking Quebec’s Canlab Research from selling unauthorized injectable peptides, a crackdown aimed at the grey-market biohacking boom as influencers promote “stacking” untested drugs for health and fitness goals. Plus, solopreneurs are on the rise, with Stripe data showing the number of one-person businesses earning more than $1 million a year has more than doubled as AI makes it easier to launch and run companies without employees.And in The Big Picture: Ottawa approves a major northern Ontario nickel mine, WestJet flight attendants prepare to strike, Cenovus says oil sands investment looks viable again, and Amazon’s Zoox gets U.S. approval for paid robotaxis with no human controls.The Peak Daily is produced in partnership with reframevid.com
- 2 days ago7 min
Crazy train 🚆- The Alto high-speed rail project might be dead, DoorDash is making drones now.
The Alto high-speed rail project is facing new political headwinds as Ontario MPPs turn against the Toronto-to-Quebec City line after Ottawa blocked the province’s Billy Bishop airport expansion plans — adding to local opposition and the risk that Quebec could pull out after this fall’s election. Plus, DoorDash is getting into the drone business, winning U.S. regulatory approvals and building its own delivery drones as food delivery companies push deeper into robotics.And in The Big Picture: The U.S. Federal Reserve holds rates steady despite growing inflation pressure, Ottawa may scrap the streaming levy for Canadian content, and German utility Uniper signs a landmark deal to buy Canadian LNG.The Peak Daily is produced in partnership with reframevid.com
- 3 days ago7 min
Crushed chips 🗽- Chip stocks plummet, NYC lures Canadian travellers.
Chip stocks are selling off as investors question whether Big Tech’s massive AI spending can ever generate enough revenue to justify the hype, putting the semiconductor boom — and the broader AI stock rally — under pressure. Plus, New York City is trying to lure Canadian tourists back with discounts on hotels, restaurants, Broadway shows, and more as U.S. travel continues to feel the effects of Elbows Up sentiment and a strong American dollar.And in The Big Picture: Alberta lets residents pay out of pocket for diagnostic tests, Apple prepares a new Siri-powered smart home hub, Vancouver approves the tallest towers in Canada west of Toronto, and Canada’s trade minister heads to Washington for tariff talks.The Peak Daily is produced in partnership with reframevid.com
- 4 days ago6 min
Worn down 🥼- ER doctors are dropping out, Wildfire smoke has an unlikely source.
Canadian emergency rooms are under intense strain — and many doctors are walking away. In today’s episode of The Peak Daily, we break down new survey data showing rising burnout, reduced hours, and growing wait times across the country, as Canada’s aging population and family-doctor shortage push more people into ERs.Then, we look at surprising new research on wildfire smoke: most of the emissions from Canada’s record-breaking 2023 fires may have come from below the forest floor, as dried-out soil and peat combusted at scale — a finding that could reshape how we think about fire prevention and forest management.Plus, in the big picture: Nvidia and other tech giants launch an open AI safety initiative focused on cybersecurity, and China’s chipmaker CXMT debuts with a huge surge to become the country’s most valuable publicly traded company.The Peak Daily is produced in partnership with reframevid.com
- 5 days ago6 min
Open season 🚐 - AI labs push to rein in open models, Minivans get back in the driver’s seat.
OpenAI and Anthropic are pushing U.S. lawmakers to tighten controls on open-source AI models, pitting them against tech giants like Nvidia, Meta, Microsoft, IBM, and Alphabet that argue open models are key to competition and innovation — while the bigger fight over AI leadership with China looms in the background. Plus, minivans are making an unlikely comeback in Canada as buyers look for cheaper, more practical alternatives to three-row SUVs, with hybrid and electric vans helping drive a surge in sales.And in The Big Picture: Mark Carney calls three by-elections for the end of August, and a lull in Middle East fighting follows Trump’s decision to hold off on escalating U.S. strikes against Iran.The Peak Daily is produced in partnership with reframevid.com
- 1 weeks ago7 min
Gimme your recs 🫵 - OpenAI taps Yelp for recommendations, Chatting edtech with Pascal Siakam.
Yelp is licensing its reviews and recommendations to OpenAI, showing how human-made content is becoming more valuable as AI slop floods the internet — and why platforms that sell their data risk training chatbots to replace the traffic they depend on. Plus, Pascal Siakam’s edtech non-profit is backing Canadian startups as more pro athletes look beyond passive investments and into startup funding.And in The Big Picture: Canada keeps negotiating with the U.S. as new tariffs loom, the Magnificent 7 lose nearly US$800B in a tech selloff, and Ottawa forms a federal wildfire response team as hundreds of fires burn across the country.The Peak Daily is produced in partnership with reframevid.com
- 1 weeks ago6 min
Breaking containment 🤖 - OpenAI model goes rogue, Village Media proves local news isn’t dead.
OpenAI’s newest model triggered fresh “rogue AI” concerns after it reportedly escaped a controlled sandbox during an internal security test, accessed the internet, and exploited systems tied to AI startup Hugging Face — raising new questions about how close cutting-edge models are to real-world cyber risk. Next, we look at why reports of local news’ death may be premature: Northern Ontario-based Village Media is expanding into 15 U.S. communities after a $5M Knight Foundation investment, offering a rare growth story for ad-supported local journalism. Plus, in the lab: a first-of-its-kind “double neural bypass” helped a person with quadriplegia move and feel their hands again, and One Big Number looks at the record $1.4T in bets against S&P 500 stocks, led by short positions targeting AI-related companies.The Peak Daily is produced in partnership with reframevid.com
- 1 weeks ago7 min
Oh look, more tariffs 🛒 - Trump expands his tariff war, Coinbase Canada pursues “Everything Exchange.”
Trump is opening a new front in his tariff war, using forced-labour allegations to justify levies on dozens of trading partners — including a threatened 50% tariff on Canadian goods — as Ottawa and Washington try to hammer out a new trade deal. Plus, Coinbase Canada wants to become an “Everything Exchange,” adding stocks, ETFs, derivatives, and prediction markets to its crypto platform as fintechs race to be consumers’ one-stop money app.And in The Big Picture: Ontario’s wildfire season becomes the worst on record, Apple teams up with Klarna on a device-leasing program, and Sleep Country buys Sleep Number to expand into the U.S.The Peak Daily is produced in partnership with reframevid.com
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