Researchers at some of Canada’s top universities will continue to partner with Huawei even after the federal government banned the telecoms giant from the country’s 5G networks.
In its annual Financial System Review, the Bank of Canada warned that high levels of household debt and record-high home prices are the top vulnerabilities that could lead to big problems for the country’s financial system*.*
The world is running low on semiconductor chips and the most advanced chip manufacturers say they could see shortages running into 2024.
The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.
Mountain Views ⛰️ — Alberta’s plan to save the view, SpaceX catches a rocket
Looking Up 🌌 — The northern lights economy is booming. TD hit with record money laundering penalty.
Breaking up 💻 — Regulators want Google to split. Couche-Tard bumps up its 7-Eleven bid.
Roaming over 📱 — Regulator cracks down on $16-a-day roaming fees. Algorithms are the new boss.
Island paradise 🏝️ — An affordable island home isn’t a pipe dream. U.S. Indigenous group claims rights to B.C. land.
Gimme shelter 🏠 — Toronto hospital’s radical housing experiment, Starbucks protects its coffee future.
Raising the roof ✈️ — Koho wants to become a real bank. VTOLs take off.
Presidential first 👩⚖️ — Mexico gets its first female president, Senators look for doctor shortage solution
Belly-up 🏢 — Canada’s biggest purpose-built concert venue, Businesses are dropping like flies.
Big tunnel 🛣️ — Ontario could be getting a giant traffic tunnel. Canada works to secure vaccine independence.
Basement ban 🌊 — Montréal has a basement problem, Qualcomm flirts with Intel takeover.
Wage gains 💵 — Border smuggles take to TikTok, Get ready for some wage gains.
Sporty and rich 🏒 — Rogers now owns men’s sports, VC investments lose their shine.
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave.
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave.
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
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