{"id":75724,"date":"2026-06-05T09:48:12","date_gmt":"2026-06-05T09:48:12","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/75724\/"},"modified":"2026-06-05T09:48:12","modified_gmt":"2026-06-05T09:48:12","slug":"which-major-canadian-and-u-s-companies-could-ipo-take-our-business-and-investing-news-quiz-for-the-week-ending-june-5","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/75724\/","title":{"rendered":"Which major Canadian and U.S. companies could IPO? Take our business and investing news quiz for the week ending June 5"},"content":{"rendered":"

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

Which major Canadian and U.S. companies could IPO?Aaron Vincent Elkaim\/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: It seems there\u2019s a race for the elusive IPO and there\u2019s new development on the tariffs. Take our quiz and find out what happened.<\/p>\n

1This was a week where trade negotiations were front and centre. Start in Washington, where Canada\u2019s Intergovernmental Affairs Minister Dominic LeBlanc was attempting to hammer out a new North American free trade deal. How long of an agreement was he seeking?<\/p>\n

a. Four years<\/p>\n

b. Eight years<\/p>\n

c. 12 years<\/p>\n

d. 16 years<\/p>\n

2Free trade isn\u2019t gaining much ground closer to home either. Last July, nine provinces and one territory signed a memorandum of understanding in which they promised to allow consumers to buy directly from alcohol producers in other provinces by the end of May, 2026. The agreement sounded like great news on the interprovincial trade front, but as the deadline blew past this week, how many provinces are actually letting their residents buy booze directly from other parts of the country?<\/p>\n

a. Zero<\/p>\n

b. Two<\/p>\n

c. Four<\/p>\n

d. Six<\/p>\n

b. The supposed leaders of Canada\u2019s provinces have been vowing for decades to demolish interprovincial trade barriers, but nothing ever seems to change. Premiers are adept at dragging their feet, as demonstrated by their ability to slow walk the issue of direct-to-consumer alcohol sales. Despite the supposed agreement last year on knocking down trade barriers to booze, only two provinces<\/a> \u2013 New Brunswick and Manitoba \u2013 currently allow their residents to freely buy any type of alcohol directly from other parts of the country.<\/p>\n

3Just to add to trade frictions, Washington is seeking to impose a new round of tariffs on its trading partners \u2013 Canada included \u2013 to make up for the ones that were struck down earlier this year by the U.S. Supreme Court. Washington is attempting to justify its new tariffs by saying the levies:<\/p>\n

a. Will help offset environmental damage<\/p>\n

b. Will help pay for the cost of the war on Iraq<\/p>\n

c. Are part of a crackdown on products made with forced labour<\/p>\n

d. Target countries that don\u2019t respect intellectual property<\/p>\n

c. The Office of the U.S. Trade Representative said the tariffs are being imposed<\/a> because of other countries\u2019 failure to crack down on imports of products made with forced labour. Canada and other U.S. trade partners consider that allegation to be absurd.<\/p>\n

4Is Canada in a recession? Critics say it is because:<\/p>\n

a. The unemployment rate is up two percentage points<\/p>\n

b. Home prices have fallen more than 10 per cent<\/p>\n

c. Economic output has declined for two straight quarters<\/p>\n

d. Consumer sentiment is falling<\/p>\n

c. The r-word is scary stuff and it nearly certainly exaggerates the current situation. What is true is that Canada\u2019s gross domestic product has shrunk for two quarters in a row<\/a> and some people consider that a loose definition of a recession. But the two-quarter rule of thumb has no official standing. Economists look for broader signs of distress before they call a recession and those signals are lacking, at least so far. Yes, Canada\u2019s GDP shrank in the first quarter of 2026 but it did so by only 0.036 per cent \u2013 an amount so small that Statistics Canada says GDP was \u201cunchanged.\u201d What\u2019s more, GDP per person actually went up because Canada\u2019s population declined over that period.<\/p>\n

5Google parent Alphabet did something unusual this week. It announced it is going to:<\/p>\n

a. Raise billions by selling shares<\/p>\n

b. Lay off thousands of employees<\/p>\n

c. Scale back its AI ambitions<\/p>\n

d. Sue the European Union<\/p>\n

a. Alphabet said it will sell US$80-billion in shares<\/a> to help fund its costly expansion into AI infrastructure. The company\u2019s announcement is noteworthy because it suggests that even highly profitable, cash-rich tech giants are finding it difficult to keep up with the staggering pace of investment required to build data centres and other AI necessities.<\/p>\n

6The U.S. stock market will be reshaped in months to come through initial public offerings of some huge companies. Which company filed this week to go public in a deal that is expected to value the entire business at close to US$1-trillion?<\/p>\n

a. SpaceX<\/p>\n

b. OpenAI<\/p>\n

c. Cerebras Systems<\/p>\n

d. Anthropic<\/p>\n

d. AI giant Anthropic has confidentially filed for a U.S. initial public offering<\/a>, edging ahead of rival OpenAI in a closely watched race to reach public markets. Anthropic\u2019s filing follows on the heels of last month\u2019s IPO announcement by SpaceX. The arrival of so many trillion-dollar-IPOs in such a short time will test the limits of investor appetite for artificial intelligence and related technology.<\/p>\n

7Widely followed investor Andrew Left was found guilty of securities fraud this week. What is Mr. Left best known for?<\/p>\n

a. Recommending cannabis stocks<\/p>\n

b. Denouncing companies he considered overvalued<\/p>\n

c. Whipping up enthusiasm around meme stocks<\/p>\n

d. Pushing cryptocurrencies<\/p>\n

b. Mr. Left, a Los Angeles-based short seller, was found guilty of fraud for manipulating markets<\/a>. The decision has stoked controversy and for good reason. Say what you will about Mr. Left\u2019s tactics, but he did reveal real problems at several companies \u2013 including Valeant Pharmaceuticals, which back in 2015 had become the most valuable company on the Toronto Stock Exchange, before Mr. Left pointed out its issues. It seems odd that Mr. Left may be going to jail while promoters of dubious get-rich-quick schemes are allowed to go about their business.<\/p>\n

8The Toronto Stock Exchange is bracing for its largest initial public offering in five years. Which company is going public?<\/p>\n

a. Definity<\/p>\n

b. Xanadu Quantum<\/p>\n

c. Apotex Health<\/p>\n

d. PCL Construction<\/p>\n

c. Canada\u2019s largest drug manufacturer, Apotex Health, is planning to raise about $1-billion through a share offering<\/a> that will value the entire company at about $5-billion, according to new securities filings. If the IPO goes ahead, it will be the largest by value on the Toronto Stock Exchange since Definity Financial went public in 2021 and the largest ever in life sciences.<\/p>\n

9Researchers at the University of Toronto say they have discovered a new cyberthreat. What is it?<\/p>\n

a. Self-modifying computer \u201cworms\u201d<\/p>\n

b. Faulty computer chips<\/p>\n

c. A vulnerability in e-mail systems<\/p>\n

d. Chatbots\u2019 ability to fish for key information<\/p>\n

a. Computer worms are forms of malware that spread from machine to machine without human intervention, copying themselves onto every device they touch. Until now, worms have followed scripts generated by humans. They have failed if they have hit a defence they weren\u2019t designed to crack. But the U of T researchers demonstrated that AI can make worms more dangerous<\/a> by allowing them to adapt on the fly, generating attack strategies that are specifically tailored to each machine that they interact with.<\/p>\n

10Greg Abel, the Canadian who has taken over the helm at Berkshire Hathaway following the retirement of Warren Buffett, just completed his first big deal. What did he buy?<\/p>\n

a. A software company<\/p>\n

b. A home builder<\/p>\n

c. A Japanese trading company<\/p>\n

d. An oil producer<\/p>\n

11Ottawa unveiled its long-awaited \u201cAI for all\u201d strategy this week. Meanwhile, a handful of Canadian MPs and senators have joined Control AI, a campaign that started in the U.K., to:<\/p>\n

a. Defund AI research<\/p>\n

b. Prevent job losses from AI<\/p>\n

c. Block data centre construction<\/p>\n

d. Prevent the development of superintelligent AI<\/p>\n

12Toronto police say they have busted a major counterfeiting operation. What was it counterfeiting?<\/p>\n

a. Soccer jerseys<\/p>\n

b. Concert tickets<\/p>\n

c. Art<\/p>\n

d. Parking permits<\/p>\n

a. Toronto police called their bust, which came just before the start of the FIFA World Cup, the largest seizure of counterfeit soccer jerseys in Canadian history. They said they arrested two men<\/a> in connection with the counterfeit sports merchandise operation worth more than $3.5-million. Police alleged that proceeds from the fraudulent products were used to fund organized crime.<\/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 major Canadian and U.S. companies could IPO?Aaron Vincent Elkaim\/The Canadian Press Welcome…\n","protected":false},"author":2,"featured_media":75725,"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-75724","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\/75724","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=75724"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/75724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/75725"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=75724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=75724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=75724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}