Spread the wealth 🏦 - Canada gets a sovereign wealth fund, Spotify and Peloton team up.

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.

What is The Peak Daily?

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.