The Peak Daily

Canada is rallying middle powers and developing countries around a new coalition aimed at strengthening cooperation on security, trade, AI, and global challenges — the latest step in Mark Carney’s push to build alliances that don’t revolve around Washington.

Plus, Greek discount retailer Jumbo is opening its first Canadian store in Vaughan, joining a wave of international bargain chains betting that cost-conscious shoppers are hungry for more budget-friendly options.

And in The Big Picture: Ottawa moves to fast-track major projects, B.C. sues OpenAI over its handling of violent ChatGPT conversations, Canada’s military taps domestic AI companies, U.S. states clear a hurdle for the Paramount–Warner Bros. Discovery merger, and more.

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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.