IE Staff
It’s once again time for Investment Executive’s annual Yearend Quiz.
Have you been keeping up to date on the latest industry developments? If you’re reading this, chances are you have. But you’re about to find out how closely you’ve been paying attention.
Rabid IE fans should have no problem cruising through this 10-question quiz. You definitely know your stuff if you get at least seven questions right. If you get fewer than five correct answers, we can just chalk that up to holiday excitement.
So show us what you’ve got — take IE’s Yearend Quiz now. Good luck, and thanks for reading!
IE Yearend Quiz 2019
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IE Yearend Quiz 2019
Question 1
Effective April 2022, new applicants for FP Canada’s CFP certification must have: a) A valid passport b) A post-secondary degree c) Proof of vaccination d) Access to a reliable vehicleAuthor: IE Staff Source: liravega258/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: B
Effective April 2022, new applicants for FP Canada’s CFP certification must have a post-secondary degree.Author: IE Staff Source: liravega258/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 2
What is the TFSA contribution limit for 2020? a) $5,500 b) There is no limit c) $6,000 d) $6,500Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: C
The TFSA contribution limit for 2020 is $6,000.Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 3
In a landmark October ruling, the Ontario Securities Commission approved an investment fund devoted to: a) Cryptocurrency b) Robo-advisors c) Fintech d) BitcoinAuthor: IE Staff Source: ferli/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: D
In October, the OSC approved an investment fund devoted to Bitcoin.Author: IE Staff Source: ferli/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 4
Horizons ETFs Management (Canada) Inc. recently reorganized how many ETFs as corporate-class funds? a) 45 b) 46 c) 44 d) 47Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: C
Horizons recently reorganized 44 ETFs as corporate-class funds.Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 5
The Canadians Securities Administrators are moving ahead to ban deferred sales charges in every province except: a) The Western provinces b) Prince Edward Island c) The Maritimes d) OntarioAuthor: IE Staff Source: corund/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: D
The Canadians Securities Administrators are banning DSCs everywhere except Ontario.Author: IE Staff Source: corund/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 6
This stock model, seen frequently in IE stories, is the subject of many internet memes. He is known to his adoring fans as: a) Hold the Ham Harvey b) Hope for Help Horace c) Hide the Pain Harold d) FelixAuthor: IE Staff Source: nyul/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: C
This stock model is known to his adoring fans as Hide the Pain Harold.Author: IE Staff Source: nyul/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 7
How many records did the CRA share with the IRS in 2017? a) More than 170,000 b) The CRA shares everything with the IRS c) More than 700,000 d) More than 500,000Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: A
The CRA shared more than 170,000 records with the IRS in 2017.Author: IE Staff Source: 123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 8
At the end of November, Canadian ETF assets under management surpassed: a) All expectations b) $250 billion c) $300 billion d) $200 billionAuthor: IE Staff Source: nexusplexus/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: D
At the end of November, Canadian ETF assets under management surpassed $200 billion.Author: IE Staff Source: nexusplexus/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 9
In December, lawyers representing clients who lost millions on the QuadrigaCX cryptocurrency exchange asked the RCMP to: a) Get to the bottom of things b) Exhume the remains of QuadrigaCX’s founder c) Lay criminal charges d) Refund their moneyAuthor: IE Staff Source: andreypopov/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: B
Lawyers asked the RCMP to exhume the remains of QuadrigaCX’s founder.Author: IE Staff Source: andreypopov/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Question 10
What does FPAC stand for? a) Finnish Philanthropic Association of Canada b) Financial Planners Against Corporate Taxation c) Financial Planning Association of Canada d) Financial Planners Association of CanadaAuthor: IE Staff Source: andreypopov/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Answer: C
The FPAC is the Financial Planning Association of Canada.Author: IE Staff Source: andreypopov/123RF Copyright: Investment Executive -
IE Yearend Quiz 2019
Thank you!
Thank you for taking our 2019 Yearend Quiz. We’ll see you again next year!Author: IE Staff Source: lisafx/123RF Copyright: Investment Executive