Prime Minister Mark Carney makes an announcement at CAE Inc., in Montreal, on Tuesday, Feb. 17, 2026.Christinne Muschi/The Canadian Press
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.
This week: Mark Carney’s Liberals have announced big plans to further Canada’s job growth, while one prominent Canadian is ruffling feathers with an interview with a U.S. publication. Who is it? Take our quiz and find out.
b. The parent of the Toronto Stock Exchange is doing its best to thwart a proposal from aspiring equity marketplace CIX Trading to bring extended stock trading hours to Canada. TMX Group says the upstart’s plan to offer trading from 7 a.m. ET to 8 p.m. ET poses a threat to the stability and integrity of the country’s capital markets. Um, right.
c. Ottawa’s new Defence Industrial Strategy aims to direct more of Canada’s ballooning defence budget to Canadian businesses. It hopes to double Canada’s defence exports and create 125,000 new jobs over the next 10 years.
a. Mark Carney appointed Ms. Charette, a former Privy Council Clerk and high commissioner to the United Kingdom, as chief trade negotiator with the U.S. Ms. Charette will serve as a senior adviser to the Prime Minister and will also work closely with Mark Wiseman, Canada’s new ambassador to the U.S.
d. Does Conservative MP Jamil Jivani realize how irritating he is? He took it upon himself to visit Washington, where he met with Vice-President JD Vance – his old college buddy – and told Breitbart News that Canadians would be “shooting ourselves in the foot if we continue this anti-America hissy-fit.” Conservative Leader Pierre Poilievre quickly tried to distance himself from Mr. Jivani’s remarks.
a. Hollywood loves multipart thrillers and these days it can’t get enough of the never-ending talks between studio giant Warner Bros. and its two suitors. Warner Bros. said this week it is briefly reopening takeover talks with Paramount to hear the company’s “best and final” offer. For now, Warner Bros. continues to back the deal it has already struck with Netflix. Expect more plot twists ahead.
b. Mr. Hassett, the director of the White House’s National Economic Council, said Fed researchers should be disciplined for writing a paper that concludes the costs of Mr. Trump’s tariffs are being borne nearly entirely by Americans, not foreigners as the White House likes to assert. Mr. Hassett said the paper was a shoddy piece of work. Unfortunately for Mr. Hassett, the paper’s conclusions are echoed in another recent report from the Congressional Budget Office and are supported by economists in general.
c. The Wall Street Journal reports that the investment giant is preparing to remove race, gender identity, sexual orientation and other diversity factors from the criteria its board will consider when identifying potential candidates. Goldman’s decision followed a behind-the-scenes request from the conservative activist non-profit National Legal and Policy Center, which owns a small stake in the bank.
d. Sherritt International has been forced to scale back operations at its Moa nickel mine in Cuba in response to the oil blockade imposed by the United States a month ago. The Toronto-based miner, which has operated in Cuba for decades, says it will soon be forced to halt mining operations in the country because of a lack of fuel.
c. See what you can find second-hand? Five years ago, Etsy paid US$1.6-billion for Depop, a marketplace for used fashion items. This week, eBay bought Depop from Etsy for US$1.2-billion. That’s a sweet discount and the deal will be even sweeter if Depop can help eBay attract younger shoppers.
b. Beauty filters allow people to change their look in pictures on Instagram and have been condemned for encouraging body-image problems in teenage girls. Mr. Zuckerberg told the jury that he overruled concerns about teen well-being from staff and 18 experts to lift a ban on Instagram beauty filters because he was concerned about “free expression.”
a. Nestle says it is in talks to sell its remaining ice cream businesses in Canada and elsewhere as it strives to streamline its operations. It plans to focus on its coffee, pet care, nutrition and food and snacks units.
d. The federal government wants to make it easier for high-skilled military recruits to enter the country. This week, it announced new categories for selecting immigrants via Express Entry, a points-based system that is the main entryway for skilled workers seeking permanent residency. Among the new categories are “highly skilled foreign military applicants” recruited by the Canadian Armed Forces in roles such as military doctors, nurses and pilots.