Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making headlines. Our business reporters come up with the questions, and you can show us what you know.

This week: For a second quarter, Canada’s population growth has settled into a pattern that is raising concerns domestically. But south of the border, the expansion of one Canadian commodity has the U.S. on the offensive with an anti-dumping probe launched this week. Which product is it? Take our quiz and find out.

1Toronto-based Constellation Software held a conference call this week to address mounting concerns over which issue?

a. Tariffs

b. Accounting

c. Artificial intelligence

d. Crypto currency

c. Artificial intelligence. Constellation Software Inc. held a rare conference call to answer investors’ questions about the impact of AI on its business. Constellation has a stellar track record as a serial acquirer of software companies in niche sectors, but its share price has slid in recent weeks because of worries that AI may undermine its business model.

2What should Ottawa step in to regulate, according to Wealthsimple and Questrade?

a. Mutual fund fees

b. Transfers of RRSP and TFSAs from one financial institution to another

c. Accreditation for financial advisers

d. Misleading names for some exchange traded funds

b. Transfers of RRSP and TFSAs from one financial institution to another. Online brokers such as Wealthsimple and Questrade want Ottawa to set standards for transferring such accounts between financial institutions. Transfer fees, also known as exit fees, for registered accounts have roughly doubled since the 2010s, with many banks and investment dealers now charging $150 per account, Wealthsimple said in a recent federal budget submission.

3What did U.S. President Donald Trump call a “con job” in his speech to the United Nations this week?

a. Vaccines

b. Late-night television

c. Immigration

d. Climate change

d. Climate change. In an odd and combative speech lasting nearly an hour, Mr. Trump described the scientific consensus on climate change as a “con job.” He also said European countries were “going to hell” because of migration and accused countries such as Canada of giving a “reward” to Hamas by recognizing a Palestinian state.

4Which financially troubled country did Mr. Trump vow to help this week?

a. Argentina

b. Ukraine

c. India

d. Mexico

a. Argentina. The U.S. president has stopped short of promising a full bailout for the country, but he is rushing to support President Javier Milei, a close ally of his who won office in 2023 with promises to slash government spending, cut red tape and throttle inflation. Mr. Milei’s austerity measures and libertarian policies have failed to bring prosperity to Argentina and he is now facing a growing wave of popular discontent.

5What does Mr. Trump want to charge US$100,000 for?

a. U.S. landed immigrant status

b. U.S. work visas

c. U.S. jobs

d. U.S. citizenship

6What would be “deadly” for France, according to Bernard Arnault, France’s wealthiest man?

a. Relying on Chinese-made electric vehicles

b. A possible Socialist government

c. Relying on U.S. natural gas

d. A proposed wealth tax

d. A proposed wealth tax. Mr. Arnault, the founder of luxury behemoth LVMH, has come out swinging against France’s proposed wealth tax, saying it would kill the French economy. Mr. Arnault, who has a net worth of more than US$150-billion, would be a prime target of the proposed tax, which would require the superwealthy to pay at least 2 per cent of their wealth every year.

7How much did chip-maker Nvidia agree this week to invest in artificial intelligence pioneer OpenAI?

a. US$1-billion

b. US$10-billion

c. US$100-billion

d. US$1-trillion

c. US$100-billion. Nvidia agreed to invest up to US$100-billion into OpenAI at the same time it plans to supply millions of its market-leading artificial intelligence chips to the ChatGPT creator. The mammoth deal has little precedent in the tech industry.

8The United States just opened an anti-dumping investigation into Canadian producers of which of these commodities?

a. Mushrooms

b. Blueberries

c. Cannabis

d. Christmas trees

a. Mushrooms. The U.S. International Trade Commission launched an anti-dumping investigation after U.S. fungi producers alleged that Canadian imports are undercutting them because of big subsidies. The Canadian mushroom industry denies the claim and says its growing exports to the U.S. simply reflect its investment in modernized facilities and new technology.

9What happened to Canada’s population between April 1 and July 1 of this year?

a. It grew vigorously

b. It flatlined

c. It shrunk

d. It stopped being reported because of budget cuts

b. It flatlined. Canada’s population barely grew in the second quarter, continuing a trend of near-zero growth as Ottawa moves to curb immigration. Outflows of non-permanent residents were a major factor behind the slow growth.

10What words did U.S. Federal Reserve chair Jerome Powell use to describe U.S. stocks in a speech this week?

a. “Fairly highly valued”

b. “A potential bargain”

c. “In line with a strong economy”

d. “High risk”

a. “Fairly highly valued.” Interpret Mr. Powell’s comment as you will. Wall Street’s big gains in recent months have fed concerns that the market has gone too far, too fast and is now overvalued.

11Why did the share price of Vancouver-based Lithium Americas jump this week?

a. A mineral discovery in Guatemala

b. Reports of Chinese interest in the company

c. Reports the Trump administration wants a piece of the business

d. Growing evidence that a new low-cost extraction method is working

c. Reports the Trump administration wants a piece of the business. U.S.-listed shares of Lithium Americas jumped after reports that the Trump administration is seeking up to a 10 per cent stake in the miner. Washington has recently been intervening in industries it considers critical to national security.

12Which fast-food giant announced this week it was closing stores and cutting hundreds of corporate jobs?

a. McDonalds

b. Chipotle

c. Tim Hortons

d. Starbucks

How well did you do?

Answer all of the questions to see your result

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