A new report argues that increased consolidation in Canada’s sector is both stifling innovation and risking massive consequences if a trade war with the U.S. begins. That story is coming up in Hour 4. Meantime, PETA has proposed replacing Punxsutawney Phil with a ‘weather reveal’ cake, pushing for a more animal-friendly alternative to a long-standing tradition. Is it time to retire the real-life groundhog? CTV’s Matt Skube shares his two cents. And finally, we deliver the latest breaking news, right here on CFRA’s Ottawa Now.