Welcome to The Globe and Mail’s business and investing news quiz. 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. Which food’s price has risen by more than 20 per cent this year? Take our business and investing news quiz.
This week: A Canadian fast-food giant is looking to expand with a Chinese partner, and a key ingredient to their success has gotten more expensive than ever. You might have already noticed it on your grocery receipt, but which food is it? Take our quiz and find out.
a. Expand Burger King in China. Restaurant Brands International signed a joint venture deal with Chinese alternative asset manager CPE to help grow Burger King in China. CPE will invest US$350-million in the joint venture.
c. Forestry. Quebec Premier François Legault is warning that 30,000 forestry jobs could be lost in the province – half of the industry’s total employment. His comments have set off alarm bells in Quebec logging towns.
d. Nvidia. SoftBank’s sale of its entire stake in the chipmaker jolted stock markets. It stoked fears that the frenzy around artificial intelligence may have peaked.
b. Atlético de Madrid. Apollo is acquiring a majority stake in the Spanish soccer club. The deal, which values Atlético at about US$2.5-billion, is the latest push into European soccer by deep-pocketed U.S. investors.
c. Billionaire U.S. investor Warren Buffett is finally taking a step back at the age of 95. He said he will be “going quiet” after he steps down as chief of Berkshire Hathaway at the end of this year. But don’t write him off just yet. He will continue to deliver an annual Thanksgiving message. He also plans to “step up” his philanthropy, giving away the US$149-billion in Berkshire Hathaway stock he continues to hold.
d. Short-term rentals. The company, founded in Montreal in 2014, promised the comfort of an Airbnb unit with the consistency and polish of a hotel. Sonder reached a valuation of nearly US$2-billion when it went public in 2022, but it has struggled since.
a. An experimental quantum computing chip. IBM says the Loon is a significant step toward making useful quantum computers before the end of the decade. If technical issues can be solved, quantum computers could some day solve problems in hours that would take today’s computers thousands of years.
c. Beef prices have climbed 23 per cent above their five-year average. The sky-high meat prices are hitting both Canadian and U.S. consumers. Last month, U.S. President Donald Trump told American ranchers to drop prices and threatened to quadruple Argentine imports.
b. Production of the one-cent coin. The U.S. Mint has made its last penny. Production costs for the one-cent coin had grown to nearly four times its face value.
a. Issuing debt at a record pace. It’s an all-out corporate debt binge. During the first nine months of 2025, Canadian businesses issued more than $76-billion in corporate bonds, putting the market on track to surpass already lofty 2024 levels.
b. A bank for defence projects. Canada is in the running to headquarter a new multinational bank dedicated specifically to financing defence projects. The Defence, Security and Resilience Bank, or DSRB, is a multilateral lending institution that is being established by a collective of countries including NATO members and their Indo-Pacific allies.
d. Down 30 per cent from last year. Canadians continued to steer clear of the United States in October, with the month marking yet another major drop in year-over-year visitors. The number of Canadian residents who returned by car from the U.S. fell to 1.4 million in October, a 30.5-per-cent drop from the same period in 2024, according to preliminary data from Statistics Canada.