The Peak Daily The Peak
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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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No wheels 🚗 — Uber wants you to give up your ride. Canadian space tech developer lands $1 billion funding.
NASA’s next moon mission will be getting a (literal) hand from a Canadian company.
Kind of like when John Lennon asked us to imagine life without possessions, Uber is asking Canadians to imagine life without a car.
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Bus business 🚌 — Risky bus-iness. Canada must step up to realize its green hydrogen dreams.
The wheels on the bus go round and round… as long as the bus operator can stay in business.
Canada wants to be a top-three global green hydrogen producer by mid-century, but like your buddy training to run a marathon this year, a lot of work still needs to be done.
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Temporary residents 🇨🇦 — Has Canada reached peak immigration?
Canadian employers are planning to hand out fewer promotions this year than in 2023, leaving less opportunity for a new crop of entry-level employees to get their foot in the door.
Canada’s surge in temporary residents might be, well, temporary.
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Bus business 🚌 — Risky bus-iness. Canada must step up to realize its green hydrogen dreams.
The wheels on the bus go round and round… as long as the bus operator can stay in business.
Canada wants to be a top-three global green hydrogen producer by mid-century, but like your buddy training to run a marathon this year, a lot of work still needs to be done.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO -
Money bags 💰 — Canadian households got richer last quarter.
With foreign fast food brands like Shake Shack, Pret A Manger, and Jersey Mike’s entering the Canadian market in recent months, the battle for your lunch money is getting heated.
Western countries are taking the ‘if you can’t beat ’em, tax ’em’ approach to Chinese electric vehicle competition.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO -
Peak oil 🛢️ — How to stop Chinese EVs. Stopping the Chinese EV takeover.
A new report paints a future where oil will be less like ‘black gold’ and more like ‘black tin’ — still valuable, but not that valuable.
Western countries are taking the ‘if you can’t beat ’em, tax ’em’ approach to Chinese electric vehicle competition.
Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO