{"id":703268,"date":"2026-05-30T07:13:36","date_gmt":"2026-05-30T07:13:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/703268\/"},"modified":"2026-05-30T07:13:36","modified_gmt":"2026-05-30T07:13:36","slug":"which-provinces-saw-their-mortgage-delinquency-rates-fall-in-the-first-quarter-of-this-year-take-our-business-and-investing-news-quiz-for-the-week-ending-may-29","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/703268\/","title":{"rendered":"Which provinces saw their mortgage delinquency rates fall in the first quarter of this year? Take our business and investing news quiz for the week ending May 29"},"content":{"rendered":"

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

Which provinces saw their mortgage delinquency rates fall in the first quarter of this year? Take our business and investing news quiz.DARRYL DYCK\/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: Jonathan Andic, vice-chair of Spanish fashion group Mango, is stepping down temporarily and a giant oil company abruptly fired its new chairman. Take our quiz and find out what happened.<\/p>\n

1This was the week when a proposal to export liquefied natural gas from northwest British Columbia took a major step forward. Backers of the yet-to-be-built Ksi Lisims LNG project signed an agreement with a state-owned utility in:<\/p>\n

a. Malaysia<\/p>\n

b. Italy<\/p>\n

c. Germany<\/p>\n

d. China<\/p>\n

c. Investors in the Ksi Lisims proposal say they are moving closer to making a decision on the project after signing a deal with Germany\u2019s state-owned utility SEFE. The arrangement would allow SEFE, short for Securing Energy for Europe, to buy one million tonnes<\/a> of LNG annually beginning in the early 2030s. <\/p>\n

2This was also the week when Pope Leo issued a thunderous declaration against a potential \u201cinstrument of domination, exclusion and death.\u201d What was the target of the Pope’s ire?<\/p>\n

a. Drone warfare<\/p>\n

b. Artificial intelligence<\/p>\n

c. Tariff barriers<\/p>\n

d. Anti-immigrant politics<\/p>\n

b. The first U.S.-born pope called for robust regulation of artificial intelligence. He urged its developers to work for the common good rather than for profit. Pope Leo\u2019s sweeping manifesto<\/a> on safeguarding humankind from AI puts him at odds with the Trump administration, which is seeking to aggressively deregulate development of the new technology.<\/p>\n

3This is welcome news! What has Tim Hortons finally pledged to cut back on?<\/p>\n

a. Sugar in its doughnuts<\/p>\n

b. Endless celebrity promotions<\/p>\n

c. Traffic snarls around its stores<\/p>\n

d. Hiring of temporary foreign workers<\/p>\n

d. In a stark reversal of its previous strategy, Tims says it will dial back its use of Ottawa\u2019s Temporary Foreign Worker program and begin hiring more workers locally. For years, the fast-food chain was one of the biggest users of the TFW program, a controversial immigration stream<\/a> that epitomized some of the failings of the Trudeau-era immigration strategy. <\/p>\n

4Why is Jonathan Andic, vice-chair of Spanish fashion group Mango, stepping down temporarily?<\/p>\n

a. He wrote a tell-all novel, under an alias, about European high society<\/p>\n

b. He has been named as a suspect in a murder investigation<\/p>\n

c. He was alleged to have made homophobic statements<\/p>\n

d. Chinese intelligence services have named him as a source<\/p>\n

b. A Spanish court last week named Mr. Andic as a suspect in the death of his father, Mango founder Isak Andic, who died in December, 2024<\/a>, after falling more than 100 metres from a cliff while the two were hiking together in the mountains outside Barcelona.<\/p>\n

5Which provinces saw their mortgage delinquency rates fall in the first quarter of this year?<\/p>\n

Check all that applies<\/p>\n

a. Quebec<\/p>\n

b. Ontario<\/p>\n

c. Alberta<\/p>\n

d. British Columbia<\/p>\n

a, c. Mortgage delinquency rates fell in Alberta and Quebec during the first quarter. The situation was less benign in Ontario and British Columbia, where increasing numbers of homeowners missed their mortgage payments<\/a> as higher interest rates made it harder for them to service their debt.<\/p>\n

6The Hiive Company, a Vancouver-based upstart, is being sued for patent infringement by a U.S. rival. What does Hiive do?<\/p>\n

a. It runs a securities exchange<\/p>\n

b. It runs a forum for AI developers<\/p>\n

c. It develops longevity drugs<\/p>\n

d. It operates a dating service<\/p>\n

a. Hiive operates an exchange that allows clients to swap shares of privately held companies. It is being sued<\/a> by Nasdaq Private Market, which runs a similar operation. Both exchanges cater to employees and investors in \u201cpre-IPO\u201d startups who want to sell their equity, but have limited opportunities to do so.<\/p>\n

7Which giant oil company abruptly fired its new chairman this week?<\/p>\n

a. Shell<\/p>\n

b. ExxonMobil<\/p>\n

c. Chevron<\/p>\n

d. BP<\/p>\n

d. BP, the London-based oil \u201csupermajor,\u201d fired its new chairman Albert Manifold<\/a> over what it called serious concerns related to \u201cimportant governance standards, oversight and conduct.\u201d According to the BBC, the firing was prompted by concerns that included \u201cbullying\u201d and \u201coverbearing\u201d behaviour by Mr. Manifold, who had been in his job less than a year.\n <\/p>\n

8Canada\u2019s anti-money-laundering watchdog says this summer\u2019s World Cup men\u2019s soccer tournament is likely to spur an increase in:<\/p>\n

a. Fake credit cards<\/p>\n

b. Human trafficking<\/p>\n

c. Online scams<\/p>\n

d. Gun crimes<\/p>\n

b. The Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) issued guidance<\/a> this week to help companies identify financial transactions that could be linked to human trafficking for the World Cup, either for forced labour or for sexual exploitation. The massive tournament starts June 11 and will spread its games across Canada, the U.S. and Mexico. Canada will host 13 matches in Toronto and Vancouver.<\/p>\n

9Uh-oh. What key number for the U.S. economy surged to a three-year high in April, according to figures published this week?<\/p>\n

a. Consumer inflation<\/p>\n

b. Producer inflation<\/p>\n

c. Consumer bankruptcies<\/p>\n

d. Mortgage rates<\/p>\n

a. The U.S. personal consumption expenditures index increased at its fastest pace<\/a> in three years in April, driven by higher energy prices amid the war with Iran. PCE inflation jumped 3.8 per cent in the 12 months through April, the largest rise since May, 2023, the Commerce Department\u2019s Bureau of Economic Analysis said.<\/p>\n

10The Ontario Securities Commission, Canada\u2019s largest market watchdog, is squaring off in court with money manager Purpose Investments over the OSC\u2019s contention that Purpose made misleading statements about which aspect of its operations?<\/p>\n

a. Investment returns<\/p>\n

b. Canadian content<\/p>\n

c. Its focus on female leaders<\/p>\n

d. Its commitment to environmental and social goals<\/p>\n

d. The Ontario Securities Commission alleges that Purpose misled customers regarding its commitment to investing in projects that met environmental, social and governmental (ESG) criteria. The case is expected to take months and will centre on allegations of \u201cgreenwashing\u201d<\/a>, a practice in which managers make inflated claims about their environmental and social awareness. Purpose denies the allegations.<\/p>\n

11Ottawa said this week that it intends to name a select few companies as \u201cchampions\u201d and will work closely with them to help develop which sector?<\/p>\n

a. Artificial intelligence<\/p>\n

b. Geothermal energy<\/p>\n

c. Defence<\/p>\n

d. Medical research<\/p>\n

c. The federal government says it is working to create Canadian defence \u201cchampions\u201d to help rebuild the domestic industry<\/a>. However, the timeline for when those champions will be announced is still unclear.<\/p>\n

12Which luxury car maker raised eyebrows this week by introducing its first all-electric vehicle, a five-seater that will sell for more than $500,000?<\/p>\n

a. Mercedes-Maybach<\/p>\n

b. Rolls-Royce<\/p>\n

c. Ferrari<\/p>\n

d. Porsche<\/p>\n

c. Ferrari just pulled the cover off Luce, its first fully electric car<\/a>. The new vehicle is one of the biggest gambles in the Italian company\u2019s history and arrives amid a string of missed targets and expensive promises by luxury carmakers to go electric.\n <\/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 provinces saw their mortgage delinquency rates fall in the first quarter of…\n","protected":false},"author":2,"featured_media":694504,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1397,10456,10457,9335,81687,45,49,48,46,81686,79216,2922,1400,2785],"class_list":["post-703268","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-appwebview","tag-aud-growth","tag-aud-headline","tag-aud-url","tag-bizquiz","tag-business","tag-ca","tag-canada","tag-economy","tag-hidenewsletterblock","tag-noapplenews","tag-noastack","tag-yespop","tag-yessnap"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/703268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=703268"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/703268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/694504"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=703268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=703268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=703268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}