The Peak Daily The Peak
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- News
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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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Streamer tax 💵 – Interest rate decision day is here, Streamers ordered to fund Canadian content
With inflation stabilizing below 3% and the economy slowing, Bank of Canada (BoC) Governor Tiff “Big Mack” Macklem is expected to finally cut its policy rate today from 5% to 4.75%.
Paw Patrol has been doing a great job carrying the Canadian film industry on its back lately, but Ottawa is keen on bringing in some reinforcements.
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Second wind 💨– An Olympics competitor sprints to the front. A second wind for Canadian power.
In track and field, nothing inspires elite athletes more than the chance at eternal glory… though $150,000 could prove even more inspiring.
Hydro-Québec should start calling itself Hydro-and-Wind-Québec — on account of all the dang windmills it’s planning to build.
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Hanging up 📞 – **“Alberta is calling” may have backfired. Banks earnings season comes to a close.**
With the promise of cheap housing and good jobs filling subway and billboard ads across the country, herds of young people have moved to Alberta’s comparatively cheaper pastures.
Canadian lenders are still feeling the effects of high interest rates on earnings, but more deal-making helped offset losses — even as the mean ol’ Bank of Canada waits to cut rates.
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Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.
This past weekend, Canadian and U.S. box office numbers were down 40% compared to last year, after disappointing new releases by both Furiosa and Garfield. In fact, it was one of the weakest Memorial Day weekends seen at the movies since the early 1980s.
As cities across Canada grapple with high office vacancy rates, Windsor has rolled out a $3.2 million plan to lure people back into its desolate business district.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO -
Movie hangover 🎥– Barbenheimer box office hangover, Windsor’s plan to save its downtown.
This past weekend, Canadian and U.S. box office numbers were down 40% compared to last year, after disappointing new releases by both Furiosa and Garfield. In fact, it was one of the weakest Memorial Day weekends seen at the movies since the early 1980s.
As cities across Canada grapple with high office vacancy rates, Windsor has rolled out a $3.2 million plan to lure people back into its desolate business district.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO -
No baggage ✈️ – WestJet rolls out cheap seats, Shein and Temu imports are overwhelming.
Air travel is starting to feel more and more like building a Chipotle bowl: If you want the good stuff, it’s going to cost you.
Online bargain bin giants like Shein and Temu have benefitted from long-standing tax breaks forgoing duties on foreign packages under a certain price threshold, but that might soon end.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO
Customer Reviews
Great Podcast
I love this podcast. Great content delivered in fun lighthearted manner.
Keep 2 hosts!
I like this podcast because of the back and forth between the two hosts! Great job filling in Alex! They do cover key topics in a short time span which I like.
Bad audio
Can’t stand the audio quality over the last couple months. Sound cuts out. Will unsubscribe from the pod until this is fixed.