From labour strikes to bankruptcies to tariffs, it was yet another eventful year in Canadian business.
The TSX soared to new heights and deals were made and lost.
How well do you remember 2025? Take this business quiz to see how up-to-speed you are on some of the year’s biggest headlines.
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1. Which defunct retailer revealed it’s planning to relaunch in Canada next year with stores?
A) Future Shop
B) Home Outfitters
C) Bed Bath & Beyond Canada
D) J. Crew
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2. Which fintech firm secured a banking license this year?
A) Koho
B) Wealthsimple
C) Shopify
D) Questrade
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3. Which brand revealed a cyber breach this year?
A) Canadian Tire
B) Toys “R” Us
C) Nova Scotia Power
D) all of the above
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4. What did the CRTC rule in a contentious decision about wholesale internet in June?
A) Only small, independent providers can access fibre networks owned by bigger companies in order to resell internet service to their customers
B) Canada’s largest telecoms (Bell, Telus and Rogers) can provide internet service to customers using fibre networks built by their rivals, as long as they are doing so outside their core regions
C) Owners of Canada’s fibre internet networks don’t have to let any companies resell service using their infrastructure in recognition of how costly it is to build and maintain those networks
D) All companies can resell fibre internet on each other’s networks across every region in the country in order to boost competition in the telecom sector
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5. Who did Prime Minister Mark Carney appoint as his new AI minister this year?
A) Evan Solomon
B) Aidan Gomez
C) François-Philippe Champagne
D) Geoffrey Hinton
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6. How many times has the federal government tried to order workers back on the job via ministerial directive during a strike or lockout over the past year and a half?
A) Five
B) Two
C) 10
D) Eight
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7. How many years old was Hudson’s Bay when it collapsed under the weight of its debt?
A) 150
B) 300
C) 355
D) 275
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8. What sector had the best performance on the TSX this year?
A) Basic materials
B) Real estate
C) Energy
D) Tech
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9. What didn’t happen to Lululemon this year?
A) Made amends with founder Chip Wilson
B) Announced CEO Calvin McDonald is leaving
C) Trademarked “Lululemon dupes” and sued Costco for selling copycats
D) Partnered with the NFL on a new apparel collection
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10. How many times did the Bank of Canada cut its benchmark interest rate in 2025?
A) 1
B) 2
C) 3
D) 4
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11. Which small lender was NOT sold to another buyer in 2025?
A) Laurentian Bank
B) EQ Bank
C) Canadian Western Bank
D) PC Financial
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12. In the latest inflation data for November from Statistics Canada, which food item posted the higher year-over-year price increase?