Today on The Peak Daily, we break down a proposed mega-merger that could reshape the already concentrated elevator industry — and why Canada’s chronic elevator shortage and sky-high costs could get even worse. Then, we look at Canada’s selection as host of a new multinational defence bank designed to unlock cheaper, long-term funding for military projects, and what it could mean for Canadian defence manufacturing. Plus, in The Big Picture: the Bank of Canada and the U.S. Fed hold rates steady, families of Tumbler Ridge victims sue OpenAI, and Uber pushes deeper into travel.

In today’s episode of The Peak Daily, we dig into the warning signs behind OpenAI’s massive spending spree as the company reportedly misses key revenue and user-growth targets — raising fresh questions about whether the AI boom is outpacing sustainable business models.

Then, we look at why Canada is pushing to get serious about robots, as a new committee aims to unlock more funding and accelerate automation adoption to help tackle productivity challenges and labour shortages.

In today’s episode of The Peak Daily, we break down Ottawa’s new Canada Strong Fund — the country’s first-ever sovereign wealth fund — and what it could mean for everyday Canadians and big infrastructure projects. Then, we look at Spotify’s latest push beyond music as it teams up with Peloton to offer workouts and exclusive fitness content to premium subscribers.

Plus, in the big picture: Rogers offers buyouts amid cooling telecom growth, OpenAI and Microsoft reshape their partnership, and Letterboxd’s owner explores a sale.

Kids in Manitoba are about to find out what it was like growing up in a world without TikTok or ChatGPT.

Got a great idea for a large-scale infrastructure project in Canada’s national interest? It may be worth sending Energy Minister Tim Hodgson your pitch, because he’s shopping.

In today’s episode of The Peak Daily, we break down why foreign investors are returning to Canada — including a planned $1B bet on infrastructure and energy — and what it could mean for growth. We also look at Chinese smartphone brand Honor’s early push toward a Canadian launch, plus the big picture headlines you need: the U.S. moves to reclassify marijuana, investors react to Lululemon’s new CEO, and Meta cuts jobs to fund its AI ambitions.

We break down Meta’s latest push toward AI agents — and what it could mean for human jobs — plus the growing fight over how Ottawa should deploy $750M to support Canadian startups. Then, in In The Lab, promising new data on a pancreatic cancer treatment, and one big number on the surge in Americans seeking Irish citizenship.

In today’s episode of The Peak Daily, we unpack a viral (and likely AI-generated) YouTube network pushing the idea of Alberta becoming the 51st U.S. state — and why foreign influence campaigns can shape real political momentum. Then, we look at how Silicon Valley is building a new, tech-friendly media ecosystem, from VC-backed livestream news to founder-safe podcasts, and what it means for who controls the narrative. Plus: Canada’s new Canada–U.S. trade advisory committee, proposed rules for domestic rocket launches, and CATL’s lightning-fast EV battery recharge breakthrough.

The Peak Daily is produced in partnership with reframevid.com

In today’s episode of The Peak Daily, we look at how a Toronto biotech is using AI to rescue promising drug candidates that Big Pharma left behind — and what that could mean for the cost and speed of new treatments. Plus, Canada’s Armed Forces hit recruitment targets again as pay boosts and expanded eligibility bring more people (including permanent residents) into the ranks. Then in The Big Picture: Tim Cook’s CEO succession at Apple, gas-driven inflation, and Alberta moving to year-round daylight time.