The Peak Daily
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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Vouch for me 👍- LinkedIn rolls out features to fight fake profiles, Cineplex gets a new CEO.
<p>LinkedIn is rolling out new tools to crack down on fake identities, bogus work histories, and invented credentials, including a feature that lets former colleagues and classmates vouch for one another and a way for companies to flag people falsely claiming employment.</p><p>Plus, Cineplex has named Bill Walker as its new CEO and launched a strategic review that could lead to a sale, as a resurgent box office draws interest from foreign theatre chains and puts Canada’s dominant cinema operator in play.</p><p>And in The Big Picture: Canada’s population growth falls to its slow...
High gear ⚙️- BlackBerry runs the auto software game, Helping companies break into defence.
<p>BlackBerry’s comeback is shifting into high gear with a landmark US$100 million-plus deal for its new automotive software, a bet that the former smartphone giant can turn its foothold in connected vehicles into a much bigger business.</p><p>Plus, Canadian defence accelerator Vimy Forge is teaming up with Toronto’s MaRS Discovery District to help startups navigate the costly, complicated process of selling to the military as Ottawa ramps up defence spending.</p><p>And in The Big Picture: B.C. Premier David Eby calls a snap election, Ottawa offers Indigenous groups a stake in the Trans Moun...
Meet me in the middle 📍- Carney pushes his middle powers pitch, Greek discount chain comes to Canada.
<p>Canada is rallying middle powers and developing countries around a new coalition aimed at strengthening cooperation on security, trade, AI, and global challenges — the latest step in Mark Carney’s push to build alliances that don’t revolve around Washington.</p><p>Plus, Greek discount retailer Jumbo is opening its first Canadian store in Vaughan, joining a wave of international bargain chains betting that cost-conscious shoppers are hungry for more budget-friendly options.</p><p>And in The Big Picture: Ottawa moves to fast-track major projects, B.C. sues OpenAI over its handling of violent ChatGPT conversations, Canada’s military taps dom...
Rock and roll 🤘- Newfoundland draws Hollywood productions, Parliament is back in action.
<p>Newfoundland’s film and television industry is booming as Netflix’s Below becomes the latest Hollywood production to shoot in the province, bringing jobs, local spending, and the potential for a major tourism boost.</p><p>Plus, Parliament returns with the Carney government preparing to fast-track major projects and overhaul federal labour laws — ambitious moves that could accelerate investment while provoking pushback from unions, Indigenous groups, environmental advocates, and local communities.</p><p>And in The Big Picture: airport privatization could raise travel costs, Canada and France deepen their space partnership, European intelligence officials warn of a possible Russian attack...
📈 Mr. Carney goes to Strasbourg
<p>Mark Carney lays out a bold vision for a new Canada–EU alliance — from seamless digital trade and critical minerals cooperation to shared AI safety protocols and sovereign compute. We’ll break down what “sovereignty” really means in this context, why Europe seems newly open to deeper partnership, and how Washington could respond.</p><p>Then, daylight saving time edges closer to extinction: Manitoba joins a growing list of provinces and territories moving to permanent time, and with the U.S. debating a similar shift, Ontario and Quebec could be next. We dig into the real reasons DST has stuck arou...
📈 Get it together
<p>Canada’s AI champion Cohere moves to scale up and stake its claim in “sovereign AI” by finalizing merger terms with Germany’s Aleph Alpha — a deal that could reshape the AI landscape. Plus, Salesforce launches an AI shopping agent as “agentic” commerce heats up and brands race to get recommended by chatbots. Also in the Big Picture: talk of Canada becoming the EU’s first “associate member,” the US Fed hikes rates for the first time in three years, and the projected cost of Alberta separation.</p><p><br>The Peak Daily is produced in partnership with reframevid.com</p>
📈 Super → Mega
<p>In today’s episode of The Peak Daily, Jay breaks down Ottawa’s new “Productivity Mega Deduction” and what it could mean for major projects like pipelines, mines, data centres, and infrastructure. Then, Airbnb launches a $250M fund to help stalled multi-family rentals cross the finish line — amid ongoing debate over short-term rentals’ impact on housing affordability.</p><p>Plus, in The Big Picture: Canada’s biggest airports open to private investment, Nvidia and Salesforce introduce a reasoning model built for business tasks, OpenAI explores Canada for future data centre partnerships, and more.</p><p>New episodes daily — business news in under 10...
Appetizers are served 🍤- The Investment Summit Gets Underway, Controlling AI
<p>The first day of Canada’s Investment Summit brought a wave of new commitments from banks, investors, and businesses, offering early signs that Ottawa’s push to unlock as much as $1 trillion in capital may be gaining momentum — even if most of the pledges aren’t binding.</p><p>Plus, Cohere CEO Aidan Gomez and a Chinese state-backed newspaper are pushing back against calls from Silicon Valley’s biggest AI companies to slow development, arguing that safety concerns could be used to entrench dominant firms and constrain their competitors.</p><p>And in The Big Picture: Canada’s annual inflation ra...
Taking it slow 🐢- AI companies hit the pause button, Carney’s investment summit kicks off.
<p>AI’s biggest companies are pledging to slow the development of frontier models and open their systems to independent evaluators, an unprecedented attempt to keep increasingly powerful technology from outrunning the industry’s ability to control it.</p><p>Plus, Mark Carney’s Canada Investment Summit will pitch more than 160 energy and infrastructure projects to hundreds of global investors, testing Ottawa’s plan to unlock up to $1 trillion in capital and kick-start a Canadian investment boom.</p><p>And in The Big Picture: Donald Trump signals a Canada-U.S. trade deal could be close, Sweden’s centre-left bloc wins the parlia...
Order in the court 👩⚖️ - Canada’s courts want to stop throwing out cases, AI doomsday fears grow.
<p>Canada’s Supreme Court is weighing whether judges can use alternative remedies instead of throwing out criminal cases when trials take too long, a change that could prevent thousands of cases from being stayed while still protecting defendants’ Charter rights.</p><p>Plus, Anthropic says it blocked users — including state actors — from using its AI tools to develop weapons, spy on dissidents, and research biological threats, spotlighting the immediate danger of humans misusing today’s models amid growing fears about what future AI could do.</p><p>And in The Big Picture: Mark Carney’s investment summit will pitch more than 16...
