Why did Goeasy shares drop? Take our business and investing news quiz for the week ending March 13

b. The record release of oil is less impressive than you may think. According to the IEA, about 20 million barrels of oil a day passed through the strait in 2025. So the 400 million barrels being released makes up for only about 20 days of typical supply.

a. The relatively low cost of the Iranian drones creates a financial disparity on the battlefield. While the United States and Israel possess extremely advanced anti-missile systems, experts say these systems are too expensive to continuously deploy against Iran’s far cheaper weapons.

d. Goeasy shocked investors by announcing a big jump in loan losses and suspending its dividend, sending its shares tumbling 57 per cent. The company made its name by lending to lower-quality borrowers during a credit boom fuelled by ultra-low interest rates. Lately, though, there have been growing concerns about the quality of Goeasy’s loans.

c. The Financial Crimes Enforcement Network, a branch of the U.S. Treasury Department, hit the U.S. division of Toronto-based Canaccord Genuity with a record $100-million fine for violating the U.S. Bank Secrecy Act. Among other failings, Canaccord conducted trades for scammers and a Russian oligarch’s financial fixer, FinCEN said in a consent order.

c. The Conservatives are proposing a private member’s bill to enable Canada Post to ship alcohol directly to consumers across the country – an idea that Internal Trade Minister Dominic LeBlanc says he is open to. As things now stand, it is illegal for Canada Post to deliver Canadian alcohol to Canadian consumers in six of 10 provinces. The four that allow it are British Columbia, Saskatchewan, Manitoba and Nova Scotia.

b. The Canadian Association of Retired Persons alleges that the Big Five banks are harming customers with anti-competitive sales practices that favour each bank’s own mutual funds and other financial products over more suitable products from outside providers.

d. Anthropic filed a lawsuit to block the Pentagon from placing it on a national security blacklist. The artificial-intelligence pioneer and the Pentagon have been feuding for months after Anthropic refused to remove guardrails that prevented the military from using its AI technology for autonomous weapons or domestic surveillance.

a. Mr. Dobson received the controversial $1.6-million payout to compensate him for unused vacation time over multiple years – although such a payout was at odds with CAAT’s internal policy. He was placed on administrative leave last month after the plan’s chief investment officer, chief financial officer and chief pension officer wrote a letter to the plan’s board urging trustees to investigate several concerns they had about Mr. Dobson’s leadership.

d. Teachers’ earned a 6.7-per-cent return in 2025, missing its internal benchmark for performance by five percentage points. The shortfall was equivalent to $12-billion of potential investment income. Despite a sizzling year for the Toronto Stock Exchange and many other stock exchanges, the plan was dragged down by losses in its private equity portfolio and real estate holdings.

b. Mr. Péladeau, the chief executive of Quebecor Inc., was rebuffed in his attempt to take control of the airline operator’s board. Mr. Péladeau, who controls 9.5 per cent of Transat AT, had nominated three directors to the board, including himself, and proposed cutting the number of directors to six. However, shareholders turned thumbs down on the changes.

c. Honda said it expects its first annual loss since going public in the 1950s. The loss is largely the result of a US$15.7-billion writedown on its electric-vehicle strategy. The company said it has decided to cancel the launches of some new vehicles in response to a slowdown in the North American market.

a. The Port of Vancouver set a record high in 2025 for cargo handled, bolstered by increased trade between Canada and China. Canada’s largest port processed 170.4 million tonnes of cargo, well above the 158.4 million tonnes it handled in 2024.