10.2 C
Cañada
Monday, March 2, 2026
HomeInvestingWhich Canadian product is Trump threatening to tariff next? Take our business...

Which Canadian product is Trump threatening to tariff next? Take our business and investing news quiz

Published on

Staying informed about the business and investing world is crucial for those who are involved in it as well as those who are simply interested. Our weekly quiz aims to test your knowledge in a fun and interactive way. “Which Canadian product is Trump threatening to tariff next? Take our business and investing news quiz” and let’s see how much you know about the latest happenings in the business and investing universe.

A Week in Business and Investing

This week, there were major announcements and important policy implementations that made headlines. From tech giants investing billions in Canada to Australia enacting a unique policy, the world of business and investing has been quite dynamic. So, let’s start the quiz and test your knowledge.

Question 1: Tech Giant’s Investment in Canada

This week, a leading tech giant announced that it intends to invest a whopping $7.5-billion in Canada over the next two years. The options are: Anthropic, Alphabet, Meta, and Microsoft. The correct answer is Microsoft. The tech behemoth is planning a major data-centre expansion in Canada and has committed to keeping data within Canadian borders, reaffirming the nation’s “digital sovereignty”.

Question 2: Australia’s Unique Policy

Australia recently became the first country to implement a particular policy. The options are: a 2% tax on the wealthy’s net worth, kicking kids off social media, banning cellphones from schools, and barring the use of “they/them” pronouns in business correspondence. The answer is kicking kids off social media. Australia is now blocking access to platforms such as TikTok, YouTube, Instagram, and Facebook for those under 16.

Question 3: Record High Commodity

Which of the following commodities hit a record high this week: gold, silver, copper, or coffee? The answer is silver. The price of silver has more than doubled this year, exceeding US$60 an ounce for the first time.

Question 4: Trump’s Tariff Threat

U.S. President Donald Trump has once again threatened to impose “very severe” tariffs on a Canadian product. The options are: maple syrup, eggs, fertilizer, and copper. The answer is fertilizer. Mr. Trump aims to use the tariff money to help U.S. farmers who have been affected by trade-war uncertainty.

Question 5: Growth of Physicians in Canada

Since 1976, Canada’s population has grown by about 75%. In the same period, the number of physicians has increased by 200 per cent. Despite a common perception of a doctor shortage, the number of doctors in Canada has grown faster than the population as a whole.

Question 6: Taxpayer Objections to CRA Decisions

The number of objections submitted by taxpayers to the Canada Revenue Agency is now nearly double what it was immediately before the pandemic. According to data provided to The Globe and Mail by the CRA, the number of taxpayer objections grew from about 68,000 in 2018-19 to around 128,000 in 2024-25.

Question 7: Changes in Credit Card Spending

Credit card data from Royal Bank of Canada reveals Canadians have doubled their credit-card spending on entertainment since 2018. This increase in spending was observed despite the economic slowdown.

Question 8: Potential New Buyer for Warner Bros. Discovery

Netflix appeared to have struck a deal to buy Hollywood powerhouse Warner Bros. Discovery. However, another bidder stormed onto the scene – Paramount. Paramount has launched a hostile bid worth US$108.4-billion for Warner Bros.

Question 9: U.S. Federal Reserve’s Interest Rates

The U.S. Federal Reserve cut interest rates by a quarter percentage point this week. However, the shocker was the degree of dissent in the organization. Three Fed officials dissented from the move, signalling deep divisions on the committee.

Question 10: Upcoming Initial Public Offerings in 2026

SpaceX, OpenAI, and Anthropic – all of these gigantic private companies – are planning initial public offerings in 2026. These could potentially be massive deals.

Question 11: Tech Giant’s Slump

Despite rising sales and earnings, tech giant Oracle slumped this week. The company’s shares fell nearly 11 per cent after its quarterly earnings report disappointed analysts.

Conclusion

That concludes our business and investing news quiz for the week. How well did you do? If you didn’t get all the answers right, don’t worry! We’ll be back next Friday with another quiz to help you stay on top of the business and investing world. Subscribe to our weekday Business Brief newsletter to prepare for the next quiz.

author avatar
Ethan Radcliffe
Ethan Radcliffe is a senior reporter and digital editor at The Toronto Insider, specializing in Canadian federal policy, GTA urban development, and national economic trends. With over a decade of experience in North American journalism, Ethan focuses on translating complex legislative and economic developments into clear, accessible reporting for Canadian readers. Ethan’s work emphasizes policy analysis, government accountability, and data-driven reporting, with a strong focus on how federal and provincial decisions impact communities across the Greater Toronto Area and beyond. He has covered infrastructure planning, housing policy, fiscal strategy, and regulatory changes affecting Canadian households and businesses. A graduate of Toronto Metropolitan University’s School of Journalism, Ethan brings expertise in investigative reporting, long-form analysis, editorial standards, and digital publishing best practices. His reporting is guided by verifiable sources, public records, and transparent sourcing. In addition to reporting, Ethan has experience in newsroom editing, fact-checking workflows, SEO-informed journalism, and audience analytics, ensuring stories meet both editorial integrity standards and modern digital discoverability requirements. Ethan is committed to objective, fact-driven journalism and adheres to established ethical guidelines, prioritizing accuracy, clarity, and public trust in all reporting.

Latest articles

China EV deal puts Canada’s entire auto sector at risk, industry leaders say

Industry leaders have expressed deep concern that a recent electric vehicle (EV) deal with...

Health minister announces funding extension for national suicide crisis helpline

OTTAWA - In a recent announcement, the Canadian Health Minister declared that the federal...

Toronto Blue Jays’ struggling slugger could be last hope after Bichette leaving

As the Toronto Blue Jays gear up for the 2026 season, the team's need...

U.S. investigations into Canadian mushroom imports to move ahead

U.S. investigations into Canadian mushroom imports are set to progress as the U.S. International...

More like this

Wall Street banks prepare for round-the-clock stock trading, reluctantly 

Wall Street banks prepare for round-the-clock stock trading, reluctantly. Despite the fast-approaching era of 24-hour...

U.S. private-equity giant KKR sees opportunity in Canada’s infrastructure push

U.S. private-equity giant KKR sees opportunity in Canada’s infrastructure push. The firm, which manages...

U.S. jobs reports expected to signal weakening labour market

Recent reports on the U.S. job market suggest a weakening labour environment. This perspective,...

BREAKING NEWS ALERTS

Get the top stories delivered to your inbox every morning

You may unsubscribe at any time. By signing up, you agree to our Terms of Use and Privacy Policy.