679 episodes
The Peak Daily The Peak
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- News
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4.2 • 5 Ratings
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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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Hollywood treatment 🎥 — Amazon launches an NHL show. Regulators planning AI crackdown.
In the days leading up to the Stanley Cup Final, ****Prime Video has announced it’s launching a new NHL docuseries.
With company values skyrocketing and their CEOs acting like rock stars, U.S. regulators are ready to rein in the AI giants.
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Taking off 🚀– Boeing sends a capsule to space, Gordie Howe Bridge nears completion.
After years of hard work and numerous setbacks, Boeing has sent astronauts into space — and without any windshield cracks or doors blowing off.
After nearly six years of construction, the biggest bridge to ever connect Canada and the U.S. is now just 11 metres away from completion.
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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.
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