Friday's Canadian Market Movers

Friday's Canadian Market Movers

Assessment

Interactive Video

Business, Architecture, Biology

University

Hard

Created by

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FREE Resource

The province plans to compensate utilities with $1.1 billion over 14 years for phasing out coal plants by 2030, as part of a transition to cleaner energy. Gold prices rebounded after a decline due to a strong US dollar, marking the first gain in four days. Ithaca Energy's shares fell after delaying production at its North Sea field due to facility repairs, presenting a buying opportunity according to analysts.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total compensation amount the province agreed to pay for phasing out coal plants?

$3 billion

$1.1 billion

$2.5 billion

$500 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year are the coal-fired plants expected to be closed?

2025

2030

2040

2022

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What caused the recent recovery in gold producers' shares?

Increase in oil prices

US dollar's rally halting

Decrease in coal prices

Rise in stock market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact on Ithaca Energy's shares due to the production delay?

Shares doubled

Shares increased

Shares remained stable

Shares tumbled

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did analysts suggest about the plunge in Ithaca Energy's shares?

It was a risky investment

It was a holding opportunity

It was a buying opportunity

It was a selling opportunity