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 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.
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Low risk 📊— Troubling times for Lululemon, Pension plans are lowering risk.
Tariffs recently announced by the U.S. on a slew of Chinese imports have forced Canada to answer some tough questions about its climate plans.
Western Canada has seen an early start to the wildfire season, but some new high-tech cameras are proving to be a powerful weapon for fighting the flames.
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Trade tribulations 🚙— Canada has a tariff dilemma. AI cameras notch assist in wildfire fight.
Tariffs recently announced by the U.S. on a slew of Chinese imports have forced Canada to answer some tough questions about its climate plans.
Western Canada has seen an early start to the wildfire season, but some new high-tech cameras are proving to be a powerful weapon for fighting the flames.
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Up in flames 🔥 — Phoenix is burning cash, Via Rail ridership is up.
Jumping on the train might seem like a nice alternative to a traffic jam… until you realize your train is also sitting in a traffic jam.
Unlike the mythological bird of the same name, the federal government’s Phoenix payroll system is not going to rise from the ashes.
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High fashion 🧥 — Canada Goose gets creative. Netflix gets into the NFL.
Canada Goose — the iconic Canadian brand that began by making jackets for park rangers before pivoting to making status symbols for Bay Street traders — is getting even bougier.
The value of global sports TV contracts is set to reach US$62.4 billion this year. The NFL alone accounts for ~20% of that total.
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Northern lights 🌌 — Solar storm exposes risks for farmers. Ontario will start banning car thieves from driving.
A powerful solar storm over the weekend created more than a brilliant light show for people across the country — it also caused technological headaches for farmers.
To curb rising auto theft in the province, the Ontario government is taking a page out of our parents’ playbook and threatening to take away driving privileges: A new law will introduce driver's licence suspensions of at least 10 years for some convicted car thieves.
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