{"id":150742,"date":"2026-07-31T10:00:11","date_gmt":"2026-07-31T10:00:11","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/150742\/"},"modified":"2026-07-31T10:00:11","modified_gmt":"2026-07-31T10:00:11","slug":"whats-off-the-table-in-canada-u-s-trade-negotiations-take-our-business-and-investing-news-quiz-for-the-week-ending-july-31","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/150742\/","title":{"rendered":"What\u2019s off the table in Canada-U.S. trade negotiations? Take our business and investing news quiz for the week ending July 31"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

GEOFF ROBINS\/AFP\/Getty Images<\/p>\n

Welcome to The Globe and Mail\u2019s business and investing news quiz<\/a>. 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. <\/p>\n

This week: Trade negotiations between the United States and Canada seem to be in vogue again, the U.S. Fed delivered its interest rate decision and the Major Projects Office has approved a new proposal. Take our quiz and find out what happened in business. <\/p>\n

1Prime Minister Mark Carney likes to say that everything is on the table when it comes to trade negotiations with the United States. But what did he just rule out using as a bargaining chip?<\/p>\n

a. Energy<\/p>\n

b. Dairy quotas<\/p>\n

c. Defence spending<\/p>\n

d. Airline access<\/p>\n

a. Mr. Carney ruled out restricting Canada\u2019s oil and gas supply to the U.S. Mr. Carney\u2019s government is also planning to scrap a tax<\/a> on online streaming services such as Netflix and Amazon Prime, the latest in a series of concessions to U.S. trade demands for which Canada has not received anything in return. <\/p>\n

2U.S. President Donald Trump keeps finding new targets for his tariffs. Which edible Canadian product is now in his sights?<\/p>\n

a. Maple syrup<\/p>\n

b. Lentils<\/p>\n

c. Whey<\/p>\n

d. Venison<\/p>\n

c. The Trump administration says it intends to impose 50-per-cent tariffs on hundreds of Canadian products, including a range of proteins such as whey. The move is all about muscle \u2013 literally. There is a global demand<\/a> for protein, driven by \u201cmanosphere\u201d fitness influencers and the introduction of weight loss drugs. U.S. suppliers of whey are sold out of stocks for the remainder of the year, and prices of high-protein whey have climbed 162 per cent since the start of 2025. <\/p>\n

3Why did shares of Canadian gold miner Allied Gold Corp. plunge this week?<\/p>\n

a. Its chief executive departed<\/p>\n

b. It announced disappointing results at its Mali mine site<\/p>\n

c. It announced a takeover deal<\/p>\n

d. Its proposed takeover deal fell through<\/p>\n

d. Allied Gold shares plunged more than 18 per cent after the company called off its $5.5-billion takeover deal with Zijin Gold International. Allied blamed<\/a> China\u2019s foreign investment regulator for dragging its feet on approving the deal. <\/p>\n

4University of Toronto graduate Ilya Sutskever had a very good week. What did he just do?<\/p>\n

a. Arranged for $5-billion in funding for his new startup<\/p>\n

b. Announced a major new gold discovery<\/p>\n

c. Won the Turing Prize<\/p>\n

d. Was named head of OpenAi<\/p>\n

a. Mr. Sutskever, OpenAI\u2019s former chief scientist, has launched Safe Superintelligence<\/a>, a company devoted to developing machines that can think better than humans. This week, the giant chip maker Nvidia agreed to make a US$5-billion equity investment in his fledgling company. It is an impressive vote of confidence in Mr. Sutskever, who grew up in Canada and earned a PhD in computer science from the University of Toronto. <\/p>\n

5The U.S. Federal Reserve agreed this week to hold interest rates steady. But there was a notable amount of dissension around the central bank\u2019s decision. How many members of the Fed\u2019s 12-person Open Market Committee wanted to hike interest rates?<\/p>\n

a. Two<\/p>\n

b. Three<\/p>\n

c. Four<\/p>\n

d. Five<\/p>\n

b. Three members preferred a quarter-percentage-point hike in interest rates. Their dissent is understandable.<\/a> Inflation in the U.S. continues to exceed the Fed\u2019s 2 per cent target, which would ordinarily suggest that higher rates are needed to cool the economy. The problem is that U.S. President Donald Trump has expressed his strong preference for lower rates. That leaves new Fed Chair Kevin Warsh with a tough call to make. So far, though, he seems mainly to be confusing markets. Yields on U.S. 30-year bonds jumped to a 19-year high following Mr. Warsh\u2019s rather baffling press conference this week.\n <\/p>\n

6FIFA President Gianni Infantino has angered much of the soccer-loving world with his plans to sell off a piece of the World Cup to private investors for US$20-billion. Who is bankrolling the privatization effort?<\/p>\n

a. A Saudi Arabian prince<\/p>\n

b. A Russian oligarch<\/p>\n

c. Mr. Infantino\u2019s son<\/p>\n

d. U.S. President Donald Trump\u2019s son-in-law\u2019s brother<\/p>\n

d. The effort is being bankrolled by Joshua Kushner, the brother of Jared Kushner, Mr. Trump\u2019s son-in-law. A White House link is not a huge surprise<\/a> given that Mr. Infantino has worked hard in recent months to ingratiate himself with the president and his associates. However, the cozy relationship between the FIFA chief and Mr. Trump may not be enough to win approval for the partial privatization of the World Cup, given that a host of international soccer organizations have already expressed their indignation with the idea. Oh, if only we could settle this with penalty kicks. <\/p>\n

7According to a recent TD Bank study, how many Canadians say they want their partner to sign a prenup or cohabitation agreement?<\/p>\n

a. About one in 10<\/p>\n

b. About one in three<\/p>\n

c. About three in four<\/p>\n

d. Nearly everyone<\/p>\n

b. The study found that 31 per cent of Canadians say they want their partner to sign a prenup or cohabitation agreement, but the gap between interest and action is huge<\/a>. Only four per cent of those polled said they had actually signed a prenup.<\/p>\n

8Brookfield Asset Management said this week it raised US$2-billion for a fund that will invest in:<\/p>\n

a. Quantum computing<\/p>\n

b. The Middle East<\/p>\n

c. Canadian space launches<\/p>\n

d. Chinese AI companies<\/p>\n

b. Despite the threat from the U.S.-Iran war, Brookfield is pressing ahead<\/a> with its expansion in the Middle East, raising money for a regional private equity fund and investing in energy infrastructure. <\/p>\n

9Markets are crazy, part one: Which high-flying stock market tumbled more than 10 per cent this week?<\/p>\n

a. The U.S.-based Nasdaq index<\/p>\n

b. The Canada-based S&P\/TSX Index<\/p>\n

c. The Japan-based Nikkei index<\/p>\n

d. The South Korea-based KOSPI<\/p>\n

d. South Korean shares tumbled nearly 11 per cent on Tuesday as a global selloff in \u2060chipmakers<\/a> hammered SK Hynix and Samsung Electronics. The benchmark KOSPI has gone on a tear this year, fuelled by the market\u2019s infatuation with computer chipmakers \u2013 a love affair that now seems to be ending. The Korean benchmark has lost a third of its value since mid-June. Yet it is still up 30 per cent on the year.\n <\/p>\n

10Markets are crazy, part two: Which Chinese company went public this week and promptly soared 466 per cent?<\/p>\n

a. Moonshot<\/p>\n

b. DeepSeek<\/p>\n

c. CXMT<\/p>\n

d. Alibaba<\/p>\n

c. Computer chip maker CXMT is now China\u2019s most valuable listed company<\/a>. Its strong debut provides a gauge of how much investors are willing to pay for a key piece of China\u2019s tech industry. <\/p>\n

11Online trade platform Questrade Financial Group announced plans this week to introduce Canada\u2019s first:<\/p>\n

a. Prediction market for financial events<\/p>\n

b. Quantum computing fund<\/p>\n

c. AI-connected brokerage accounts<\/p>\n

d. AI-managed mutual fund<\/p>\n

c. Questrade Financial Group Inc. is rolling out<\/a> what it says is Canada\u2019s first direct connection between brokerage accounts and popular AI assistants such as Claude and ChatGPT. The Questrade feature will let customers ask AI assistants questions about their portfolios, market conditions and watchlists. <\/p>\n

12Which major project won approval from Ottawa this week?<\/p>\n

a. A northern Ontario nickel mine<\/p>\n

b. An East Coast port<\/p>\n

c. An Alberta-to-Ontario oil pipeline<\/p>\n

d. A B.C. nuclear power plant<\/p>\n

a. The federal government is giving Canada Nickel Co. Inc. the go-ahead to build a new nickel mine in northern Ontario, according to sources. The Crawford mine will be located about 40 kilometres north of Timmins in northeastern Ontario. It is expected to be the biggest nickel mine<\/a> in the Western world once it is built. <\/p>\n

How well did you do?<\/p>\n

Answer all of the questions to see your result<\/p>\n

This wasn\u2019t your week, but that\u2019s okay! We\u2019ll be back next Friday with another business and investing quiz, subscribe to our weekday Business Brief newsletter<\/a> to prepare.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: GEOFF ROBINS\/AFP\/Getty Images Welcome to The Globe and Mail\u2019s business and investing news…\n","protected":false},"author":2,"featured_media":150743,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[136,902,903,904,9054,17,3013,9053,484,8463,906],"class_list":["post-150742","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-appwebview","tag-aud-growth","tag-aud-headline","tag-aud-url","tag-bizquiz","tag-canada","tag-hidenewsletterblock","tag-noapplenews","tag-noastack","tag-yespop","tag-yessnap"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/150742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=150742"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/150742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/150743"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=150742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=150742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=150742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}