EPISODE · Jun 4, 2026 · 8 MIN
Bidding war ↖️ - The battle to sell Canada new submarines, A short selling scheme blows up.
from The Peak Daily · host The Peak / Curiouscast
Canada’s coming submarine super-deal turns into a full-on bidding war as South Korea dangles “Project Beaver” — a massive hydrogen-trucking investment — to win a 12-sub contract potentially worth $120B over 70 years. Plus, famous short seller Andrew Left is found guilty of securities fraud in a “short-and-distort” scheme, raising fresh questions about market manipulation in the social media era. In The Big Picture: a proposed new U.S. tariff on Canada tied to forced-labour imports, Ottawa backs off its Cancon streamer rules, and Meta launches an AI agent for businesses.The Peak Daily is produced in partnership with reframevid.com
What this episode covers
Canada’s coming submarine super-deal turns into a full-on bidding war as South Korea dangles “Project Beaver” — a massive hydrogen-trucking investment — to win a 12-sub contract potentially worth $120B over 70 years. Plus, famous short seller Andrew Left is found guilty of securities fraud in a “short-and-distort” scheme, raising fresh questions about market manipulation in the social media era. In The Big Picture: a proposed new U.S. tariff on Canada tied to forced-labour imports, Ottawa backs off its Cancon streamer rules, and Meta launches an AI agent for businesses.The Peak Daily is produced in partnership with reframevid.com
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Bidding war ↖️ - The battle to sell Canada new submarines, A short selling scheme blows up.
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