What happened to Shopify’s stock that shocked analysts? Take our business quiz for the week of February 16

Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come up with the questions, and you can show us what you know.

This week: Earning season continued. The Canada Pension Plan Investment Board reported that it earned 3.4 per cent in its latest quarter. It ended 2023 with nearly $591-billion in assets, up from $576-billion at the end of the previous quarter. Meanwhile, Toronto-based Restaurant Brands International (RBI) reported on Tuesday that its net income more than doubled in the fourth quarter, to US$726-million compared with US$336-million in the same period the prior year. And Canadian Tire Corp. reported a 67.6-per-cent decline in net income in its fourth quarter.

Also: An audit drew some sharp words, Amazon’s founder drew some raised eyebrows and Lyft drew some (brief) excitement.

1“This audit shows a glaring disregard for basic management and contracting practices.” Who said that this week?

a. Conservative leader Pierre Poilievre

b. Ontario Liberal Leader Bonnie Crombie

c. Prime Minister Justin Trudeau

d. Auditor General of Canada Karen Hogan

d. Auditor General of Canada Karen Hogan. Ms. Hogan lambasted Canada Border Services for its slipshod development of the ArriveCan app during the pandemic. The agency spend just $80,000 to create the initial version of the smartphone app, but allowed the subsequent cost to swell to an estimated $59.5-million as a result of poorly documented contracts with private developers and consultants.

2Shopify, the Canadian e-commerce company, announced earnings this week that blew away analysts’ expectations. What did its stock do?

a. It rose

b. It barely budged

c. It fell a little

d. It plunged

d. It plunged. Shopify stock tumbled 13 per cent despite double-digit revenue growth and impressive profitability. Investors were not impressed by its outlook for the months ahead.

3What is Sun Day Red?

a. Tiger Woods’ new clothing line

b. An album of pop songs from Travis Kelce, the football player who is dating Taylor Swift

c. A new TV series in which China uses a space-mounted mirror to threaten the world with solar annihilation

d. Meta Platforms’ code name for virtual reality software

a. Tiger Woods’ new clothing line. Mr. Woods ended his 27-year partnership with Nike earlier this year. The golfer is teaming up with TaylorMade Golf to develop his new line.

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Which Canadian company was hacked this week? Take The Globe’s business and investing news quiz

Welcome to The Globe and Mail’s business and investing news quiz. Join us each week to test your knowledge of the stories making the headlines. Our business reporters come up with the questions, and you can show us what you know.

This week in business and investing: The former chief executive officer of a noted Canadian company came out of retirement to retake the reins of a business she started more than three decades ago, after the previous boss quit – just one year into the gig. The last year has been fairly tumultuous for the company, with leadership shakeups, a cyberattack, the exit of half of its board and competitive pressures in the industry.

Meanwhile, a U.S.-based software company also attempted to bring back former staffers – this time, employees that were part of mass layoffs. The business offered relatively plush perks, as part of its pitch to ex-staffers to return. Elsewhere, borrowing costs remain sky-high, and a Canadian province wants to separate – from the federal pension program, that is.

Do you remember these stories? Take our quiz below to test your recall for the week ending Sept. 21.

1‘If you want to bring in the ______ CEOs and whip them with wet noodles, you can do that,’ Prof. Christopher Ragan said about executives from which industry?

a. Grocery

b. Bank

c. Entertainment

d. Oil and gas

a. Grocery. Prof. Ragan was referring to the move by the federal government to summon grocery chain executives to Ottawa to testify over food inflation (still far above most other components CPI data).

2Founder and former CEO ____ announced she’s coming out of retirement to retake the helm of _____, the company she founded 30 years ago.

a. Arlene Dickinson, Indigo

b. Heather Reisman, Indigo

c. Margaret Atwood, Indigo

d. Arlene Dickinson, Chapters

b. Heather Reisman. It’s the latest in a year of leadership shakeups at the bookseller; in early September, Indigo announced the departure of its CEO and president after just one year in the job.

3The Walt Disney Company said it would be doubling its capital expenditure into its parks division as Disney+ continues to see losses. How much will they invest in parks in the next 10 years?

a. US$33-billion

b. US$100-billion

c. US$60-billion

d. US$50-billion

4Yet another Canadian company was the victim of cyberattacks this week. Which company announced

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