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What to this weekend

Our picks for what to eat, read, watch, and listen to this weekend.
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Brendon Bernard on Canada’s labour market

On this week’s episode of Free Lunch by The Peak, we sat down with Brendon Bedard, Senior Economist at Indeed, to talk about the weakening labour market, and what it means.
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NFTs are dead, long live NFTs

If you were kicking yourself last year for not getting in on the NFT craze, we’ve got good news... but if you have a stockpile of Bored Apes collecting digital dust, maybe skip to the Saturday crossword. 

Driving the news: A new report from crypto company dappGambl found that ~95% of all NFTs are now essentially worthless, with ~23 million people holding onto these “assets.”
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TikTok plays matchmaker for its employees

Do NOT show your HR manager this: In China, companies are adding “helping you find your one true love” to their benefits packages, alongside dental coverage and vacation time.  

Driving the news: Forbes unveiled that TikTok parent company ByteDance has an internal channel on its shared work tool called Meet Cute. It lets employees post photos of friends, family, and acquaintances and advertise them as potential romantic partners to co-workers.
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Alberta wants to ditch the CPP

Like Zayn Malik leaving One Direction, Alberta wants to break away from Canada’s national pension plan.

What happened: Alberta is looking to leave the Canadian Pension Plan (CPP) and establish its own provincial pension fund after a long-awaited report claimed the province would be entitled to a $334 billion asset transfer if it left in 2027 — over half of the CPP’s entire assets.
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Zelenskyy touches down in Canada

While you were asleep, Ukrainian President Volodymyr Zelensky landed in Canada. 

What happened: After hitting up a UN Security Council meeting in New York City this week, Zelenskyy is set to deliver an address to Parliament today, aiming to bring attention back to the war in Ukraine. He’ll then head to Toronto, home to 11% of all Ukrainian-Canadians.
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Young Canadians can’t afford younger Canadians

Young people hoping to start a family in Canada are taking one look at their grocery bill and saying “maaaaybe a dog?”

Driving the news: The rising cost of living in Canada has created a quality of life crisis for young people, leading many of them to not have kids, per a new StatCan report. Over a third of young adults don’t think they can afford to have a child in the next three years.
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Who needs a passport when you’ve got your face?

Physical passports and boarding passes could go the way of smoking sections on airplanes thanks to biometric technology. 

What happened: Next year, Singapore’s Changi Airport — ranked among the world’s best — will roll out a biometric system that lets travellers take off without having to flash their passports. The change will streamline operations as the airport welcomes more jet setters.
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India escalates beef with Canada

Remember the good ol’ days of Canadian and Indian leaders forging economic ties and posing for extremely cringey photos? We sure do — but that time is behind us now. 

What happened: India hit Canada with a travel advisory yesterday, making it awkward for the scores of Indian nationals who call Canada home and ~319,000 Indian international students, now advised to exercise extreme caution amidst “growing anti-India activities.” 
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Toronto ponders EV mandate for Ubers, taxis

Ride-sharing in Toronto could soon become an eco-friendly way to travel, which might make you feel a little better about all those Uber charges. 

Driving the news: Following the lead of cities like Amsterdam and New York, Toronto is considering requiring vehicles-for-hire — like taxis, Ubers, and Lyfts — to be zero emission by 2031, under a new recommendation by the Municipal Licensing and Standards division. 
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