The Bank of Canada (BoC) is on track to give “monetary tightening” a whole new meaning by losing between $5 billion and $6 billion over the next few years.
As Black Friday rears its head, the world’s largest retailer is showing signs that the doom and gloom facing the retail sector this year may have been (at least a little) overhyped.
A former researcher who worked in its electric batteries unit at Hydro-Quebec has been accused of collecting trade secrets and passing them on to China.
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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Slow build 🏡 — Canada continues China crackdown, Amazon gets into budget groceries.
Degree return 🎓 — Returns on some degrees is shrinking, Torontonians lose to fake taxis.
Suspicious cargo ✈️ — New rules on European cargo, Rexall has a new owner.
Table for one 🍴 — Restaurants react to solo dining, China goes after Canadian canola
Power hungry 💻 — Alberta wants to host Big Tech’s data centers .More than half of Fortune 500 companies say AI poses a risk to their business
Baguette bags 🥖— Scotiabank moves into the U.S., A retail play by fast food brands.
Off the rails 🚞 — Railway workers’ strike could be a runaway train. Bidding war for healthcare workers heats up.
Missing bars 🍫 — Disappearing Melona bars, BYD eyes Canadian market
Treaty settlements 💵 — Ottawa could owe $126B, New movies make millions. “Deadpool & Wolverine” reverses the movie summer slump
Tech tumbles 📉 — Technology stocks take a tumble. Bank of Canada cuts rates again.
A record setting raise 💸 — Investors dust off their chequebooks. Greenwashing needs a clearer definition.
Big ZZZs 💤 — A deal to buy Sleep Country, Airlines aren’t making money.
Potayto, potahto 🗑️ — Ford chooses pick-ups over EVs.
Waste-less 🗑️ — Home construction slows, Grocery giants tackle food waste.
Weekend getaway 🚢 — Speeding up digital payments, New cruise ship focuses on weekend energy.
Target practice 🎯 — Canada promises to hit NATO defence target, AI goals are fuelling layoffs.
Where’s my charge 🚗 — New chargers coming. Etsy pivots away from rivals in e-commerce race.
On the nose 👃 — Walmart introduces sensory-friendly hours.
No wheels 🚗 — Uber wants you to give up your ride. Canadian space tech developer lands $1 billion funding.
Bus business 🚌 — Risky bus-iness. Canada must step up to realize its green hydrogen dreams.
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