BIV News Quiz, January 22, 2016

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1/10 Questions

The prices in what consumer sector fell in December, according to Statistics Canada's latest inflation data?
- Food
- Gas
- Autos
- Alcohol

About This Quiz

How well have you been paying attention to this week's local business news? Test your knowledge with the BIV weekly quiz!

2.

Why did De Beers lower the price of its diamonds at its first sale of 2016?
- Decreases in the cost of labour
- Weakening demand
- Decreasing diamond quality
- Poor timing for the sale
Correct Answer

A. Weakening demand

Explanation

Learn more about the dip in the price of this gem here: http://ow.ly/XpU5S

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3.

According to Veterinarian Nick Shaw, the president of the College of Veterinarians of British Columbia, a drop in pet ownership in Canada between 2010 and 2014 could be attributed to:
- A rise in the number of people living in condominiums and smaller homes
- Decrease in pet population due to spaying and neutering
- Decrease in pet populations due to climate change
- Rising preference among children for robotic pets as opposed to live animals
Correct Answer

A. A rise in the number of people living in condominiums and smaller homes

Explanation

Read more about the strengthening vet industry here: http://ow.ly/XpPDN

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4.

What factor helped drive strong retail sales in Canada in November?
- A large winter storm in Ontario
- A jump in the price of gas
- The introduction of several new tech products into the marketplace
- Black Friday promotions
Correct Answer

A. Black Friday promotions

Explanation

Read more about Canada's strong retail sales in November here: http://ow.ly/XpVgg

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5.

What was the province’s average unemployment rate in 2015?
- 2.6%
- 5%
- 6.2%
- 9%
Correct Answer

A. 6.2%

Explanation

Read more about the labour market in Canada and B.C. here: http://ow.ly/XpRQJ

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6.

What is not included in B.C.’s newly unveiled technology strategy?
- $100 million venture capital fund
- Coding classes for B.C.’s 600,000 K-12 students
- Streamlined process for B.C.’s Provincial Nominee Program
- Tax incentives for highly skilled foreign workers
Correct Answer

A. Tax incentives for highly skilled foreign workers

Explanation

What is included in B.C.'s tech strategy? Find out here: http://ow.ly/XpPWu

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7.

What organization is accusing Apple, Sony and Samsung of using child labour?
- Greenpeace
- Free the Children
- Amnesty International
- United Nations
Correct Answer

A. Amnesty International

Explanation

Find out more about these controversial allegations here: http://ow.ly/XpSo4

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8.

What will the City of Vancouver’s new green and digital demonstration program offer to entrepreneurs?
- Access to City of Vancouver assets for demonstration purposes
- Special licences for protesters demonstrating against new green and digital tech real estate developments
- Pitch sessions in front of potential investors for green and digital technologies
- Subsidies for greentech startups
Correct Answer

A. Access to City of Vancouver assets for demonstration purposes

Explanation

Vancouver plans to let tech entrepreneurs use city property to demonstrate innovations. Find out more here: http://ow.ly/XpQoU

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9.

How many film and TV tax credit applications did Creative BC process in 2014-15?
- 153
- 287
- 3,225
- 10,072
Correct Answer

A. 287

Explanation

Find out more about this and B.C. film and TV's blockbuster year here: http://ow.ly/XpRbp

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10.

How much additional funding has been earmarked by the provincial government to teach coding to K-12 students in B.C.?
- $0
- $500,000
- $600,000
- $4.5 million
Correct Answer

A. $0

Explanation

Read more about this initiative here: http://ow.ly/XpRy9

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Jan 22, 2016

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Jan 22, 2016

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Biv News Quiz, January 22, 2016

The prices in what consumer sector fell in December, according to Statistics Canada's latest inflation data?

Quiz Preview

Why did De Beers lower the price of its diamonds at its first sale of 2016?

According to Veterinarian Nick Shaw, the president of the College of Veterinarians of British Columbia, a drop in pet ownership in Canada between 2010 and 2014 could be attributed to:

What factor helped drive strong retail sales in Canada in November?

What was the province’s average unemployment rate in 2015?

What is not included in B.C.’s newly unveiled technology strategy?

What organization is accusing Apple, Sony and Samsung of using child labour?

What will the City of Vancouver’s new green and digital demonstration program offer to entrepreneurs?

How many film and TV tax credit applications did Creative BC process in 2014-15?

How much additional funding has been earmarked by the provincial government to teach coding to K-12 students in B.C.?