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The Peak πŸ“ˆ

@readthepeak

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Canada's never-boring business newsletter. Fast, smart, entertainingβ€”all in 5 minutes every morning. Join 125,000+ readers:

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Joined July 2020
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@readthepeak
The Peak πŸ“ˆ
4 months
πŸŽ‰ The Bet On Canada Summit is back in Calgary & Toronto this fall! Join us to connect with top minds in business, tech, & finance. Early bird tickets are liveβ€”only 50 per city! πŸ“… Calgary: Sep 17, 2024 πŸ“… Toronto: Nov 5, 2024 Get your tickets now at
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@readthepeak
The Peak πŸ“ˆ
3 years
In 2000, @mohamadfakih8 arrived in Canada from Lebanon and took a job at Tim Hortons. 21 years later, he's grown his chain of Lebanese restaurants to 73 locations and is one of the most generous philanthropists in Canada. He embodies the Canadian spirit. Time for a thread πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
3 years
🚨Giveaway alert: to celebrate summer β˜€οΈ The Peak is giving one lucky reader a free trip for two (almost) anywhere in the world. 🌎 Get the details and enter now for a chance to win.
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@readthepeak
The Peak πŸ“ˆ
2 years
Prince Harry and Meghan Markle's Canadian connection explained. πŸ‡¨πŸ‡¦
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@readthepeak
The Peak πŸ“ˆ
2 years
With what he spent on Twitter, Elon could have bought a detached house in Toronto AND Vancouver.
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@readthepeak
The Peak πŸ“ˆ
2 years
"So all you get with wind and solar is a duplication of your power system [...] You need to have enough fossil fuels on your system to meet 100% of peak demand" On Free Lunch by The Peak @Dr_Keefer argues that wind and solar alone can't power a transition to clean energy.
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@readthepeak
The Peak πŸ“ˆ
3 years
In 2015, a Syrian refugee arrived in Canada forced to start a new life. Today, he's built one of the largest chocolate manufacturers in Canada. This is the tale of how a refugee family who arrived with nothing made it in Canada. Who's up for a story? πŸ‘‡πŸ‘‡πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
2 years
The Peak's 2023 list of Emerging Leaders is live! We're proud to celebrate a strong community of bold, young Canadian leaders shaping the course of their industry. A special thanks to our partners at @cibc for their support in making ambitions real.
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@readthepeak
The Peak πŸ“ˆ
3 years
Our 2022 Emerging Leaders list is here! Meet this year's group of impressive young Canadians shaping the future of our economy, technology, and society.
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@readthepeak
The Peak πŸ“ˆ
2 years
"Nuclear comes in right above solar as the second safest source of electricity. Safer than wind." Hear @Dr_Keefer talk nuclear safety and much more on the latest episode of Free Lunch.
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@readthepeak
The Peak πŸ“ˆ
3 years
10/ @mohamadfakih8 's story is an embodiment of the Canadian spirit. An immigrant to our country who not only built an incredible business but gave back while doing it. So if you ever see Mohamad at your local Paramount, make sure to tip your hat to his incredible story.
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@readthepeak
The Peak πŸ“ˆ
2 years
Some, as they say, personal news: The Peak now has 100,000 subscribers! πŸŽ‰ Thank you to everyone who starts your day with us. We know how valuable your time is and truly appreciate you sharing some of it with us. πŸ™
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@readthepeak
The Peak πŸ“ˆ
3 years
8/ But even cooler than his business success is Mohamad's philanthropic spirit. β€”Β When a gunman attacked a mosque in Quebec, Mohamad paid for the funerals for the victims β€” Mohamad hired over 150 Syrian refugees during the 2011 crisis
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@readthepeak
The Peak πŸ“ˆ
2 years
⚑ On today's episode of Free Lunch, we chat with @Dr_Keefer about the case for nuclear power. ⚑
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@readthepeak
The Peak πŸ“ˆ
3 years
11/ If you enjoyed this thread, you should: 1. Follow us; we tweet cool stories like this every day. 2. Subscribe to our free daily newsletter, where we breakdown the biggest Canadian and global business stories in a fun and informative email.
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@readthepeak
The Peak πŸ“ˆ
2 years
Canada's housing shortage: "It's not even an economic thing, it's just a math thing" β€” @MikePMoffatt Listen to the full interview:
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@readthepeak
The Peak πŸ“ˆ
7 months
πŸš€ The wait is over! Celebrate with us as we unveil the 2024 Emerging Leaders list. These under-40 Canadians are driving BIG change in business, finance, tech, and more. Check out the full list here:
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@readthepeak
The Peak πŸ“ˆ
4 years
Excited to announce that we've closed a $350k round backed by @the_logic , @TechTO and top Canadian business leaders. Why did we raise? β€” Help more Canadians understand what's going on in business β€” Get to profitability faster + bring in strategic partners
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@readthepeak
The Peak πŸ“ˆ
2 years
Malcolm Gladwell: If you don't go into the office your life is empty and sad. The office:
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@readthepeak
The Peak πŸ“ˆ
4 years
Recommend listening to @harleyf on @tferriss . One of the best bits was hearing Harley list his most formative books: β€”High Output Management by Grove β€”Hard Things About Hard Things by @bhorowitz β€”Antifragile by @nntaleb β€”The Alchemist by Coelho β€”Four Hour Work Week by Ferriss
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@readthepeak
The Peak πŸ“ˆ
10 months
NEW POD: Adin Wener from Henderson Brewing Company joins us to explain the ins-and-outs of the craft beer business, from supply to chains to hardware innovation to product development. We cover... 3:10 - What is Henderson Brewing and how did it grow? 7:11 - Why craft beer
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@readthepeak
The Peak πŸ“ˆ
3 years
7/ And how does he recruit and retain such a great team? He treats them like family and showers them with benefits, like family trips to Great Wolf Lodge or a flight over Niagara Falls. In short, he cares.
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@readthepeak
The Peak πŸ“ˆ
3 years
9/ The pandemic has been tough on Paramount but Mohamad's kept a positive attitude throughout. And in true Mohamad spirit, when restaurants were closed, Paramount was busy preparing food for frontline workers.
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@readthepeak
The Peak πŸ“ˆ
3 years
6/ Mohamad has grown paramount to: β€” 70+ locations β€”Β $20 million+ in annual revenue β€”Β employing over 1,000 people His secret? Hiring great people. Mohamad recruited the best team possible to build his vision for Paramount.
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@readthepeak
The Peak πŸ“ˆ
3 years
🚨🚨🚨GIG ALERT🚨🚨🚨 We’re looking for freelance writers to work with on some exciting new projects. If you’re a Canada-based freelance writer interested in working with The Peak, slide into our DMs and we’ll send you more details.
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@readthepeak
The Peak πŸ“ˆ
3 years
1/ Mohamad was born in Lebanon in 1971. In Lebanon, Mohamad was a practicing gemologist and moved to Canada in search of a better life. He arrived with $1,500 to his name and took a job at Tim Horton's to pay the bills.
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@readthepeak
The Peak πŸ“ˆ
4 years
Still reading boring business news? GET THAT GAHBAGE OUT OF HERE. We got friend of The Peak and Toronto Raptors commentator Jack Armstrong to convince you to spend your mornings with us. Subscribe today:
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@readthepeak
The Peak πŸ“ˆ
4 years
@JustinTrudeau We’re ready.
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@readthepeak
The Peak πŸ“ˆ
3 years
4/ Mohamad developed a relationship with the owner and learned the business was on the brink of bankruptcy. The restaurant's employees had their visas tied to the restaurant so if it closed, many would have to return home. So Mohamad loaned the owner $250,000
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@readthepeak
The Peak πŸ“ˆ
3 years
5/The owner mismanaged the loan and Revenue Canada froze the bakery's accounts. To repay Mohamad, the owner agreed to sell him the shop. In short order, Mohamad turned the struggling baker around and quadrupled their sales. 2 years later, he opened the flagship Yonge location
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@readthepeak
The Peak πŸ“ˆ
3 years
The Peak is coming to airwaves near you! Starting Monday, January 17, The Peak Daily Minute will air on the Corus ( @CorusPR ) networkβ€”catch Brett and Jay with the news you need to know on all Global News Radio stations across the country 🎢.
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@readthepeak
The Peak πŸ“ˆ
1 year
"At best, [Canada's immigration points system] is predicting earnings 10 years into the future after people arrive with about 20% accuracy." @mikalskuterud explains how Canada's Comprehensive Ranking System for newcomers fails to predict future earnings.
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@readthepeak
The Peak πŸ“ˆ
4 years
Toronto D2C pizza brand @ga_pizza_ just closed a $13mil Series A. That's a lot of πŸ•. Congrats to @tatread and the team.
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@readthepeak
The Peak πŸ“ˆ
2 years
If you ever end up on the cover of Forbes, it's time to worry.
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@readthepeak
The Peak πŸ“ˆ
2 years
Is this our housing future? 😨 Hear the full interview with @daniel_foch :
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@readthepeak
The Peak πŸ“ˆ
3 years
2/ As a born hustler, he put his background to use and talked his way into a job role at a jewelry store. Eventually a watch company approached him for an exec position. He agreed but said, "I’d only be with them two or three years since I wanted to open my own business."
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@readthepeak
The Peak πŸ“ˆ
2 years
#ICYMI - The Peak’s 2023 list of Emerging Leaders is live! The list celebrates notable Canadian leaders under-40 who are making waves within their industry. Check out the complete list here: Presented by @CIBC .
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@readthepeak
The Peak πŸ“ˆ
3 years
Canadian golden child’s (aka @Shopify ) Q1 earnings are out today. Check out $SHOP Q1 earnings from over the years πŸš€ 2014: $18.8 M 2015: $37.4 M 2016: $72.7 M 2017: $127.4 M 2018: $214.3 M 2019: $320.5 M 2020: $470 M 2021: $988.6 M
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@readthepeak
The Peak πŸ“ˆ
3 years
3/ That time came in 2006 when his wife sent him to get baklava for a dinner party. Mohamad found a "mom and pop" shop in Mississauga. He loved the food but the shop had seen better days...
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@readthepeak
The Peak πŸ“ˆ
1 month
The Bet On Canada Summit returns to Calgary & Toronto this fall. Join the best in Canadian business, tech, and finance. Get your tickets now! πŸŽ‰ #BetOnCanada #BuyTickets
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@readthepeak
The Peak πŸ“ˆ
3 years
4/ But resettling in Canada wasn't easy. The Hadhad's had lost everything and were forced to start from scratch. So... they went back to what they knew best: chocolate making. That's when they started @Peacebychoco .
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@readthepeak
The Peak πŸ“ˆ
3 years
9/ Last year, Tareq and his family became Canadian citizens. He expressed his deep pride as a Canadian and thanked our country for giving him and his family a home. But Tareq's story is uniquely Canadian and we couldn't be prouder of him. So from Canada: Thank you, Tareq.
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@readthepeak
The Peak πŸ“ˆ
2 years
Some personal news: We've got a new podcast for you to check out. 🎧 Free Lunch by The Peak features deep-dive interviews with people (way) smarter than us on the biggest topics in Canadian business, tech, and economics. Our first guests were:
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@readthepeak
The Peak πŸ“ˆ
2 years
"Ultimately, it's allowing housing completions to keep up with population growth" Listen to the full episode on Canada's housing crisis with @MikePMoffatt
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@readthepeak
The Peak πŸ“ˆ
3 years
"I don't read The Peak" 🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩🚩
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@readthepeak
The Peak πŸ“ˆ
3 years
πŸ’‰ BREAKING VACCINE NEWS πŸ’‰ Vaccines available for all adults in Ontario starting the week of May 24th. Vaccines available for all adults in Quebec starting May 14th. Summer is saved?
@CBCLorenda
Lorenda Reddekopp
3 years
BREAKING: The Ontario vaccination timeline is speeding up, with more vaccines coming into the province. #Covid19 . Anyone 30+ can book starting the week of May 17. 18+: week of May 24.
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@readthepeak
The Peak πŸ“ˆ
4 years
Canadian media does a bad job at celebrating the wins of young leaders. We wanted to use our platform to feature our best and brightest and give them the recognition they deserve. So we created our 2021 Emerging Leaders listβ€”join us in celebrating them:
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@readthepeak
The Peak πŸ“ˆ
3 years
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@readthepeak
The Peak πŸ“ˆ
3 years
Deep Dive with @MohamadFakih8 , CEO of @ParamountFoods is now live! Mohamad is chatting with @BChang , CEO of The Peak, about his experience growing Paramount from a failing business into the fastest-growing Middle Eastern halal food chain in NA!
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@readthepeak
The Peak πŸ“ˆ
4 years
When The Peak doesn’t arrive right at 6 AM.
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@readthepeak
The Peak πŸ“ˆ
4 years
1/ @Eirene is disrupting the CAN death industry ($22b NA market). The industry is notoriously offline and they use the complexity of their offerings to profit off of grief. Eirene is building an online platform to streamline services. Here's the business:
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@readthepeak
The Peak πŸ“ˆ
4 years
Big congrats to @get_aboard on winning the 2021 Peak Pitch Competition. Aboard is a great Canadian company and we’re pumped to see them continue growing!
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@readthepeak
The Peak πŸ“ˆ
2 years
Great panel on disrupting a boring industry with Emma Stern from @felixhealthca @MalloryJGreene from @Eirene , @JesseAbrams from @hihomewise , and @talbschwartz . Canadian founders are on the frontlines of old industry disruptionβ€”another reason to Bet on Canada.
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@readthepeak
The Peak πŸ“ˆ
2 years
Joined by @shawnqanun from @floatcard , Jonathan Siadat from @Shopify , @zaidiafatima from @inc_quill , and @jzien from @connectedio to chat about how to level up your sales game.
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@readthepeak
The Peak πŸ“ˆ
4 years
how it started how it's going
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@readthepeak
The Peak πŸ“ˆ
4 years
🚨 Good Job Alert 🚨 Good pay, good work, good people. Come write with us and help build a new type of business media.
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@readthepeak
The Peak πŸ“ˆ
3 years
Ontario’s great, but it gets enough attention in the business world, doesn’t it? Today we’re launching our Out Of Ontario virtual cross country tour, profiling great businesses and business leaders in parts of the country that are, well, not Ontario.
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@readthepeak
The Peak πŸ“ˆ
4 years
The Peak team grew up watching Dragon's Den so this is... huge. Thanks for the support @bruce_croxon !
@bruce_croxon
Bruce Croxon
4 years
On the topic of supporting home grown journalism ..Check out @readthepeak . I read it ( almost ) every morning to get up to speed on Canadian business and tech news.
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@readthepeak
The Peak πŸ“ˆ
2 years
How much are Canadians actually earning? πŸ‡¨πŸ‡¦πŸ’Έ
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@readthepeak
The Peak πŸ“ˆ
4 years
some personal news
@vindhya_kolluru
Vindhya
4 years
Some exciting professional news: I’m now a writer @readthepeak , where I’ll be breaking down the day’s biggest Canadian tech, business, and finance headlines. Grateful and excited for this new adventure! πŸ“ˆ
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The Peak πŸ“ˆ
2 years
Us when we have a broken link in the newsletter
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@readthepeak
The Peak πŸ“ˆ
2 years
Must be inflation day in the US.
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@readthepeak
The Peak πŸ“ˆ
3 years
8/ Tareq's story is quintessentially Canadian and received praise from @justintrudeau . The PM loves Peace by Chocolate so much that he gifted a basket to House Speaker Nancy Pelosi.
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@readthepeak
The Peak πŸ“ˆ
4 years
You know you're in a *n o r m a l* housing market when this is news
@globeandmail
The Globe and Mail
4 years
One-bedroom west Vancouver condo sells at asking price
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@readthepeak
The Peak πŸ“ˆ
3 years
Our much-awaited Talent & Culture Panel with @ClarityRecruits is live now! Kasia Malz @NextHydrogen , @LauraKMiller @Uber_Canada , and Ibiyemi Balogun @RyersonU are chatting with Joe Diubaldo about the latest trends in tech hiring! Tune in here:
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@readthepeak
The Peak πŸ“ˆ
2 years
Where are Canadian housing prices headed? @daniel_foch gives his take. Hear the full interview:
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@readthepeak
The Peak πŸ“ˆ
2 years
Executives from Canada’s largest grocery store chains will testify at a House of Commons committee investigating food price inflation this week. A recent report from the Agri-Food Analytics Lab at @DalhousieU revealed grocers made above-average profits this year.
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@readthepeak
The Peak πŸ“ˆ
3 months
The unemployment rate for Canadians aged 15-24 rose toΒ 13.5%Β last month, the highest rate seen since 2014 β€” not counting the pandemic. The employment rate among university students looking for summer jobs is currently the lowest since 1998. Not only has the economy slowed in
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@readthepeak
The Peak πŸ“ˆ
4 years
What's one Canadian company you’d like to read about more often in The Peak? Tag them below. πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
2 years
Has anyone tried turning the stock market off and turning it back on again?
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@readthepeak
The Peak πŸ“ˆ
4 years
Have you head the news? The Avengers of investing has formed and they're called @backboneangels . Congrats to the whole team on a huge announcement and let us know if there's anyway we can support your portfolio companies!
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@readthepeak
The Peak πŸ“ˆ
2 years
Should taxes be built into price tags in Canada?
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@readthepeak
The Peak πŸ“ˆ
3 years
Here's a sneak peek (Peak?) into the schedule for #BetonCanada this Thursday! Make sure to get your tickets ASAP (if you haven't already) for the chance to hear from some of Canada's top entrepreneurs! πŸ”—
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@readthepeak
The Peak πŸ“ˆ
1 year
Don't miss the 2023 Bet on Canada Summit Tour! This year, we're taking Bet on Canada on the road, cruising through Vancouver, Calgary and Toronto. Only 50 Early Bird tickets, priced at $50 a ticket, are available per city. Get em’ while they’re hot. πŸ”₯
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@readthepeak
The Peak πŸ“ˆ
4 years
For what it's worth, Canadians can still trade AMC and GME on @Wealthsimple .
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@readthepeak
The Peak πŸ“ˆ
2 years
Elon Musk ( @elonmusk ) is Canadian. πŸ‡¨πŸ‡¦
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@readthepeak
The Peak πŸ“ˆ
3 years
The state of the world has democratic nations on edge (and all eyes on China and Russia) πŸ‘€ Which could be why Canada and India are resuming trade talks after a 5-year hiatus. Here's a breakdown πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
3 years
Congratulations to Toronto’s @StandUpVentures and leader @michellemcbane for raising $30-million to back women-led Canadian startups! πŸŽ‰ πŸ‘€ Click here for the full story and to see the startups StandUp has previously backed (like our friends @gobridgit !):
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@readthepeak
The Peak πŸ“ˆ
3 years
Philip Cutler @pacutler is the Co-Founder and CEO of @PAPERlearning , an award-winning 24/7 online tutoring platform that partners with school districts to support over 1 million students in 200 subjects. Come hear from Philip at #BetonCanada on Nov 18!
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@readthepeak
The Peak πŸ“ˆ
3 years
πŸ”Š 1/ The Peak Daily is our new podcast hosted by @bchang and @jaymrosenthal that brings you 3 of the top Canadian and global business stories every morning. Listen on your morning commute (or the walk to your WFH setup). Here's what we talked about today! πŸ‘‡πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
2 years
TONIGHT: At The Paradise Theatre in Toronto, join us for the first Peak Debate on billionaires, media, and democracy.
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@readthepeak
The Peak πŸ“ˆ
3 years
3/ The Hadhad's describe their three years in the Lebanese refugee camp as without hope and opportunity. That was until they were sponsored to come to Canada. In 2016, they arrived in their new home of Antigonish, Nova Scotia and greeted by locals ready to welcome the newcomers
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@readthepeak
The Peak πŸ“ˆ
2 years
Planning our next Eurotrip 🀩
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@readthepeak
The Peak πŸ“ˆ
3 years
Step aside, Silicon Valley, the next big tech hub is right here in Canada. πŸ’β€β™€οΈπŸ‡¨πŸ‡¦ *Grabs blue-light blockers and hover board* According to @nytimes , Toronto is the third-largest tech hub in North America (behind New York and the Silicon Valley).
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@readthepeak
The Peak πŸ“ˆ
1 year
Take advantage of your opportunity to connect with the best and brightest at the Bet on Canada Summit Tour! πŸ‡¨πŸ‡¦ Join us in: - Calgary on Oct. 23 - Vancouver on Oct. 25 - Toronto on Nov.2 Snag your ticket here:
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@readthepeak
The Peak πŸ“ˆ
4 years
1/ Victoria-based @WeCommerce_co is having a pretty good first week of trading... Here’s what they do:
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@readthepeak
The Peak πŸ“ˆ
10 months
Do you know someone crushing it in their field? Nominate them (or yourself) for the 2024 Emerging Leaders list! πŸš€ Under 40? Achieving greatness in Food, Media, Politics, Healthcare, Tech, AI, or beyond? It takes just a few minutes. Nominate your standout candidate today:
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@readthepeak
The Peak πŸ“ˆ
2 years
Oh what the heck
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@readthepeak
The Peak πŸ“ˆ
2 years
This is how modern AI started in Canada. πŸ‡¨πŸ‡¦
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@readthepeak
The Peak πŸ“ˆ
2 years
New early retirement plan just dropped
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@readthepeak
The Peak πŸ“ˆ
4 years
@SimonOstler
Simon Ostler
4 years
BREAKING: 4th vaccine approved in Canada: Canada to announce approval of Johnson & Johnson’s 1-shot COVID-19 vaccine
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@readthepeak
The Peak πŸ“ˆ
3 years
@mohamadfakih8 @ParamountFoods @bchang A quote from @MohamadFakih8 on why it's so important to him to give back to his community: "It feels the best when you give another human being a chance. People have given me a chance - and as long as I'm building businesses I will always give people a chance."
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@readthepeak
The Peak πŸ“ˆ
3 years
πŸ₯ Announcing The Peak’s Virtual Bet on Canada Summit taking place on November 18th, sponsored by @RBCx ! Tune in for a day-long virtual event where you’ll hear from some of Canada’s greatest entrepreneurs and innovators! πŸ‡¨πŸ‡¦ Get your free ticket today! ✍️
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@readthepeak
The Peak πŸ“ˆ
3 years
We’re super excited to announce that @sarahbartnicka is joining the Peak team as our first Editor. πŸ™Œ She’s an expert storyteller who will help make The Peak smarter, more insightful, and more entertaining every day. πŸ‘
@sarahbartnicka
Sarah Bartnicka
3 years
Excited to share that I’m the new Editor at @ReadThePeak ! Pretty cool, right?
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@readthepeak
The Peak πŸ“ˆ
3 years
We're thrilled to announce that @MohamadFakih8 will be speaking at The Peak's Bet on Canada Summit on Nov 18! Mohamad is the President & CEO of @ParamountFoods , one of North America's fastest-growing Middle-Eastern food chains. Get your ticket now! ✍️
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@readthepeak
The Peak πŸ“ˆ
3 years
6/ In 2018, @sobeys signed a national distribution deal with the company which helped the company to quickly scale up: Today, Peace by Chocolate employs 50 people and Tareq hopes to double that in the next few years.
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@readthepeak
The Peak πŸ“ˆ
4 years
Lizzo’s biggest fan is retiring as CEO of Amazon.
@JeffBezos
Jeff Bezos
5 years
I just took a DNA test, turns out I’m 100% @lizzo ’s biggest fan. #SBLIV
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@readthepeak
The Peak πŸ“ˆ
4 years
The plan?
@indithot
Elise
4 years
i think we all know who was behind this
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@readthepeak
The Peak πŸ“ˆ
4 years
From today’s newsletter...
@bchang
Brett Chang
4 years
In today’s @readthepeak I wrote about Farm Boy, a Cornwall, ON grocer that was bought by Sobey’s for nearly a billion dollars. Here’s a thread about their incredible rise πŸ‘‡πŸ‘‡πŸ‘‡
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@readthepeak
The Peak πŸ“ˆ
1 year
Will Toronto's new rules legalizing multiplexes fix the housing shortage? Toronto-based developer and real estate investor @ChrisSpoke has some doubts. He joins us on the latest episode of Free Lunch to explain why.
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@readthepeak
The Peak πŸ“ˆ
4 years
I think we can all get behind PaaS 🀀 via @BetaKit @tron
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