Canadians are not feeling great about the economy

Feeling gloomy about the economy? You’re not alone. Exclusive polling data, shared with The Peak by Crestview Strategy, shows most Canadians think the economy is worsening.

Twitter disbands its Trust and Safety council

Elon Musk’s Twitter is making some changes (again) around safety and moderation. 

Rogers is still going for Shaw

The Competition Tribunal (a court-like body that rules on competition laws) will hear the final arguments around a certain telecoms merger that’s been taking up all the headlines lately. 

Crunch time for crypto

If you thought things couldn’t get worse for the crypto world, think again. 

The fast climb of Canadian debt

Seven interest rate hikes later, personal finances have seen better days.

Let’s play pickleball

One racket sport named after a salty, preserved vegetable has broken into the big leagues.

Income-boosting side hustles could lead to burnout

It seems like everyone’s picking up a side gig these days. Whether driving for a ride-share app or going back to babysitting, people are picking up extra gigs to cope with the increasingly high price of everyday life. 

Solar is taking over

Solar power will overtake coal as the world’s largest source of electricity by 2027, according to a new International Energy Agency (IEA) report.

Why it matters: The rapid growth of solar power as a part of the world’s energy mix (it accounted for less than 1% of power capacity in 2010) is revolutionizing how the world generates its electricity. 

Scientists make fusion breakthrough

The promise of abundant, clean, and cheap energy has been a staple of sci-fi forever, but a breakthrough by scientists at a US laboratory could make that dream a reality. 

What happened: A team of researchers at California’s Lawrence Livermore National Laboratory generated a net energy gain in recent fusion experiments, per the Financial Times

More Canadians are hitting the slopes

If you’re planning to shred some pow’ over the holidays, chances are you’ll have a lot of company.

Why holiday shopping just isn’t the same

All that retailers want for Christmas is for you to spend, spend, spend.

Provinces exit crypto mining

Just as miners headed to Canada in 1896 to cash in on the gold rush, crypto miners found their way up north in recent years for a different kind of gold rush — one involving Bitcoin.  

But given the ongoing meltdown in the sector, the loot may be drying up.

Canada beefs up its foreign investment rules

The government is looking to implement new rules under the Investment Canada Act that would require foreign actors to give advanced notice of investments in sectors deemed as “sensitive” and subject those investments to conditions from Canada’s industry minister.

Another debt crisis looms

A dozen developing countries might spin into a debt crisis within the next year, spelling financial trouble for some of the world’s most vulnerable people, per The New York Times. 

Charities feel the sting of inflation

The holiday season has always been a time for opening our hearts and wallets to charity, but this year, more Canadians are cutting giving out of the budget as they try to conserve cash.  

Happiness isn’t capped at a $75k salary

You may have heard of that widely-cited study from 2010 which theorized that happiness caps at US$75,000 (US$102,500 today), with each dollar earned past that mark making little impact on the earner's well-being—well, turns out that may not be true, after all.

Canada’s overhyping critical minerals

Canada has dreams of becoming a key player in the electric vehicle (EV) battery supply chain and has invested billions into domestic critical minerals mining to help make it a reality. 

But a new report from the University of Calgary highlights that Canada’s ambitions might be far-fetched. With less than 5% of proven critical mineral reserves needed for the global energy transition, regions like South America, Africa, and China might take centre stage. 

The future of farming is vertical

GoodLeaf, a Guelph-based indoor farm, raised $150 million from McCain and the investing arm of Québec insurer Power Corp to expand its greens into a national brand, per the FP.

Bank of Canada hints at pause on rate hikes

We’ve come a long way since the 8.1% inflation rate seen in June (a near four-decade high), but if you ask the Bank of Canada (BoC), the economy still has some way to go.