Newspaper article The Canadian Press

How Much Do You Remember about the Big Business Stories of This Year?

Newspaper article The Canadian Press

How Much Do You Remember about the Big Business Stories of This Year?

Article excerpt

Test your knowledge with CP business quiz

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Think you know business? Test your knowledge of the year that was in finance, economics and more with this CP quiz.

1.) In its spring budget, the federal government projected a deficit for the 2015-16 fiscal year of $5.4 billion. What did the books show when the dust settled and the final tallies were made?

A) $1 billion surplus

B) $1 billion deficit

C) $2.5 billion deficit

D) $5.4 billion deficit

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2.) Wildfires in Alberta forced the evacuation of Fort McMurray, destroyed parts of the city and shut down production in the oilsands. The Insurance Bureau of Canada called it the costliest insured natural disaster in Canada. How much did they estimate in insured property damage?

A) $2.35 billion

B) $3.58 billion

C) $4.62 billion

D) $5.21 billion

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3.) Marijuana stocks have been a big story in 2016. Canadian marijuana company Canopy Growth Corp. scored a big name celebrity partnership. Who was it with?

A) Actor Woody Harrelson

B) Country music singer Willie Nelson

C) Comedian and musician Tommy Chong

D) Rapper Snoop Dogg

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4.) Bombardier's CSeries project has missed deadlines and blown past its budget, but the company finally delivered its first such aircraft to a commercial airline this year. Which airline was the first carrier to fly the new plane?

A) China Eastern Airlines

B) Air Canada

C) Swiss International Air Lines

D) Lufthansa

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5.) All insured mortgages must now undergo stress tests under changes introduced by Ottawa this year. When applying for a mortgage, which interest rate must homebuyers with insured mortgages now qualify for?

A) The prime rate.

B) The posted five-year fixed rate.

C) The rate they will actually pay.

D) The Bank of Canada's overnight rate target.

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6.) What was the highest closing price for the Canadian dollar this year?

A) 80.08 cents US

B) 78.97 cents US

C) 77.75 cents US

D) 79. …

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