{"id":46381,"date":"2026-05-15T10:01:05","date_gmt":"2026-05-15T10:01:05","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/46381\/"},"modified":"2026-05-15T10:01:05","modified_gmt":"2026-05-15T10:01:05","slug":"which-company-just-completed-the-largest-corporate-bond-offering-in-canadian-history-take-our-business-and-investing-news-quiz-for-the-week-ending-may-15","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/46381\/","title":{"rendered":"Which company just completed the largest corporate bond offering in Canadian history? Take our business and investing news quiz for the week ending May 15"},"content":{"rendered":"

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

Which company just completed the largest corporate bond offering in Canadian history? Take our business and investing news quiz.Nathan Denette\/The Canadian Press<\/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: Kevin Warsh was confirmed this week as the new chair of the U.S. Federal Reserve and how much higher were U.S. prices in April compared with a year earlier? Take our quiz and find out.<\/p>\n

1This was a week of big deals. For starters, which company just completed the largest corporate bond offering in Canadian history?<\/p>\n

a. OpenAI<\/p>\n

b. Alphabet<\/p>\n

c. Canadian Natural Resources<\/p>\n

d. TC Energy<\/p>\n

b. Google parent Alphabet raised $8.5-billion by selling a four-part bond<\/a> with maturity dates ranging from five to 30 years. It was not only the largest maple bond the market has ever seen \u2013 maples being the Bay Street term for loonie-denominated bonds issued by non-Canadian companies \u2013 but also the largest corporate bond issue in the country\u2019s history. <\/p>\n

2More big deals: Which Vancouver-based resource company just launched a $7-billion takeover offer that would make it Canada\u2019s second-largest gold miner?<\/p>\n

a. Equinox Gold<\/p>\n

b. Orla Mining<\/p>\n

c. Lundin Mining<\/p>\n

d. B2 Gold<\/p>\n

a. Equinox is seeking to join the ranks of North America\u2019s largest gold producers with its all-stock offer<\/a> for Orla Mining, which owns gold properties in Ontario, Nevada, Mexico and Panama. If the bid goes through, Equinox would become Canada\u2019s second-largest gold producer, behind Agnico Eagle Mines.\n <\/p>\n

3And one last deal: Jesta Group of Montreal plans to spend half-a-billion dollars to buy up which of these unloved assets?<\/p>\n

a. Coal mines<\/p>\n

b. Toronto condos<\/p>\n

c. U.S. liquor<\/p>\n

d. World Cup tickets<\/p>\n

b. Jesta, which manages rental properties and other commercial properties, plans to spend $500-million<\/a> to buy more than 1,000 newly built Toronto condos and turn them into rentals. It is counting on a turnaround in the city\u2019s depressed real estate market. Developers are sitting on heaps of unsold condo inventory today, but some forecasters estimate that by 2030 the market will once again be feeling a shortage. <\/p>\n

4Ten weeks after the start of the U.S.-Iran war, inflation readings are getting scary, especially in the United States. How much higher were U.S. prices in April compared with a year earlier?<\/p>\n

a. 3 per cent<\/p>\n

b. 3.4 per cent<\/p>\n

c. 3.8 per cent<\/p>\n

d. 4 per cent<\/p>\n

c. The U.S. Labour Department reported this week that its consumer price index rose 3.8 per cent in April from a year earlier, boosted by higher gasoline prices as a result of the war in Iran. It was the biggest jump in prices in three years<\/a>. <\/p>\n

5Kevin Warsh was confirmed this week as the new chair of the U.S. Federal Reserve. What has he promised not to be?<\/p>\n

a. “An empty suit”<\/p>\n

b. “A hard-hearted central banker”<\/p>\n

c. “A sock puppet”<\/p>\n

d. “A data-driven inflation enabler”<\/p>\n

c. Mr. Warsh is a favourite of U.S. President Donald Trump\u2019s<\/a> but, during his confirmation hearing, he promised not to be Mr. Trump\u2019s sock puppet when it comes to enabling the President\u2019s desire for lower interest rates. We will soon see how far Mr. Warsh\u2019s independence goes. The surge in inflation that is apparent in the latest data suggests that lower interest rates are the last thing the economy needs right now. <\/p>\n

6Gerry Schwartz became a Canadian business legend after founding Onex Corp., a pioneer in private equity deals, more than four decades ago. What did the 84-year-old billionaire do this week?<\/p>\n

a. He began a new five-year stint as chief executive<\/p>\n

b. He stepped down as chair<\/p>\n

c. He sold the company to Berkshire Hathaway<\/p>\n

d. He relinquished voting control of the company<\/p>\n

d. Mr. Schwartz gave up control of Onex through a planned shift in voting power. The shift ends the dual-class share structure that had given Mr. Schwartz unquestioned authority<\/a> over the company for years. Onex will now have a single class of voting shares, with one vote per share, that will elect 80 per cent of the company\u2019s board of directors. <\/p>\n

7More than 37,000 Canadians filed for insolvency during the first three months of this year. That was the highest number of insolvency filings in a quarter since when?<\/p>\n

a. 2020<\/p>\n

b. 2015<\/p>\n

c. 2009<\/p>\n

d. 2000<\/p>\n

8Oh, the things that investment bankers will say! Which Canadian bank recently raised eyebrows by expressing support for GameStop\u2019s long-shot bid for eBay?<\/p>\n

a. Toronto-Dominion Bank<\/p>\n

b. Royal Bank of Canada<\/p>\n

c. Bank of Nova Scotia<\/p>\n

d. National Bank of Canada<\/p>\n

a. “TD Securities is highly confident that funded debt of up to US$20-billion could be raised” by GameStop, Larry Wieseneck, head of corporate and investment banking at TD Securities, wrote in a May 1 letter<\/a> to GameStop chief executive Ryan Cohen. Um, right. GameStop\u2019s bid has been described as “neither credible nor attractive” by eBay, while other observers have expressed even more pungent opinions, calling the bid “delusional,” among other things. <\/p>\n

9Oh, the things politicians will do! Nigel Farage, leader of Reform UK, the upstart anti-immigrant party that is shaking up British politics, is under fire for not disclosing a \u00a35-million ($9.3-million) gift he received from:<\/p>\n

a. A cryptocurrency billionaire<\/p>\n

b. A Saudi sheik<\/p>\n

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

d. A Canadian arms merchant<\/p>\n

a. Mr. Farage, whose party scored huge gains in recent local elections, received the gift<\/a> from the crypto billionaire Christopher Harborne. The crypto industry has also been a major contributor to U.S. politicians. <\/p>\n

10QScale, a Quebec-based developer of data centres, sold a majority stake to a deep-pocketed investor this week. Who was the buyer?<\/p>\n

a. Canada Pension Plan Investment Board<\/p>\n

b. Goldman Sachs<\/p>\n

c. The Norwegian state investment fund<\/p>\n

d. BlackRock<\/p>\n

b. Goldman Sachs\u2019s Alternatives arm is buying a majority stake<\/a> in QScale for an undisclosed sum. QScale\u2019s main data centre campus is in L\u00e9vis, Que., and the company says it will now move forward with construction of a new building on the site, representing an additional investment of $700-million. It is also planning to construct an even larger data centre in Ontario.\n <\/p>\n

11Ottawa is in the final stages of deciding whether South Korea or Germany will win a multi-billion-dollar contract to build 12 new submarines for Canada\u2019s navy. The choice is not just about the here and now. Subs last a long time. How long will Canada\u2019s partnership with the successful bidder be expected to run?<\/p>\n

a. 40 years<\/p>\n

b. 50 years<\/p>\n

c. 60 years<\/p>\n

d. 70 years<\/p>\n

d. The long life cycle of the subs will create a long-term partnership<\/a> with the winning country spanning close to 70 years. <\/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: Which company just completed the largest corporate bond offering in Canadian history? Take…\n","protected":false},"author":2,"featured_media":46382,"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-46381","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\/46381","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=46381"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/46381\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/46382"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=46381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=46381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=46381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}