It’s been a year of big takeovers, dramatic headlines and unexpected events that markets couldn’t predict. So, do you remember everything that happened?

Test your business knowledge and see if you can you ace BNN’s 2016 news quiz. Good luck!

 

1. What was the largest M&A transaction for a Canadian company this year?

a. Enbridge’s acquisition of Spectra Energy

b. TransCanada’s acquisition of Columbia Pipeline Group

c. PotashCorp’s merger with Agrium

d. BCE’s acquisition of Manitoba Telecom Services

ANSWER

 

2. Which BlackBerry device did CEO and Executive Chairman John Chen tell BNN that he has never used?

a. Curve

b. Priv

c. Playbook

d. Torch

ANSWER

 

3. The Canadian dollar fell as low as 68.07 cents against the U.S. dollar early in the year. Along the way, it had its longest-ever losing streak against its U.S. counterpart.  How many days did it last?

a. 12

b. 13

c. 14

d. 15

ANSWER

 

4. As of 2016, what was the Tax-Free Savings Account’s (TFSA) total cumulative contribution room since its inception?

a. $41,000

b. $5,500

c. $46,500

d. There is no limit

ANSWER

 

5. Which of these people was not CEO of Valeant Pharmaceuticals during 2016?

a. Michael Pearson

b. Robert Ingram

c. Howard Schiller

d. Joseph Papa

ANSWER

 

6. Canadian Oil Sands was taken over in a $6.6-billion all-stock deal in January. Which company was the buyer?

a. TransCanada

b. Enbridge

c. Cenovus Energy

d. Suncor Energy

ANSWER

 

7. Which Canadian bank CEO told BNN that he was “concerned” about Vancouver and Toronto’s housing prices, and called on the federal government to raise down payment rules again?

a. Toronto-Dominion Bank CEO Bharat Masrani

b, Royal Bank of Canada CEO David McKay

c. Bank of Nova Scotia CEO Brian Porter

d. Canadian Imperial Bank of Commerce CEO Victor Dodig

ANSWER

 

8. Which U.S. railroad did Canada Pacific Railway attempt to merge with earlier this year?

a. Kansas City Southern Railway

b. BNSF Railway

c. Norfolk Southern

d. Union Pacific Railroad

ANSWER

 

9. How many times did the Bank of Canada change its benchmark interest rate in 2016?

a. Once

b. Twice

c. Three times

d. Zero times

ANSWER

 

10. How many grocery stores are now authorized to sell alcohol in Ontario?

a. 67

b. 50

c. 14

d. 133

ANSWER

 

11. Which video streaming service announced it was shutting down in Canada this year?

a. Amazon Prime Video

b. Rogers and Shaw’s Shomi

c. Sony's Crackle

d. Videotron’s Club Illico

ANSWER

 

Full answer key: 1 – a, 2 – c, 3 – a, 4 – c, 5 – b, 6 – d, 7 – c, 8 – c, 9 – d, 10 – a, 11 - b.