investor clinicTest your personal-finance smarts with The Globe’s 2022 cash and investing quiz

1 Barring a significant year-end rally, the S&P/TSX Composite Index is poised to complete 2022 within the purple. Assuming it does, what number of instances up to now 20 years, together with 2022, will Canada’s benchmark index have posted an annual loss (excluding dividends)?

2 In 2022, the Financial institution of Canada raised its key coverage rate of interest, often known as the goal for the in a single day price, ______ instances, for a complete enhance of ______ share factors. The in a single day price now stands at ______ per cent.

3 Which of the next corporations didn’t increase its dividend in 2022?

4 As of Jan. 1, the annual contribution restrict for tax-free financial savings accounts will:

5 In 2021, Mrs. Claus maxed out her house fairness line of credit score to spend money on Shopify. With the inventory down 75 per cent from her buy worth, she desires to promote her shares and declare a tax loss. The final day she will promote her shares to say a loss for 2022 is:

6 In August, Santa withdrew $50,000 from his tax-free financial savings account to improve his toy workshop. A month later, he misplaced the remaining $150,000 in his TFSA on a penny mining inventory really helpful by his good friend, Yukon Cornelius. Assuming Santa contributed the utmost to his TFSA every year since 2009 and this was his first withdrawal, as of Dec. 31 he can contribute ______ to his TFSA.

7 As of Dec. 16, the worst-performing inventory on the S&P/TSX Composite Index was Dye & Durham Ltd., with a year-to-date decline of about 73 per cent. In what sector does Dye & Durham function?

8 Which of the next corporations isn’t ranked among the many high 5 in Canada based mostly on market capitalization?

9 Rudolph’s Reindeer Burgers Ltd. trades at $84 a share and pays a quarterly dividend of fifty cents. If the inventory’s price-to-earnings a number of is 21 (based mostly on the present 12 months’s earnings estimates), the corporate’s dividend payout ratio could be:

10 For the 2022 tax 12 months, a 70-year-old amassing Outdated Age Safety pension advantages would begin getting her OAS clawed again at earnings of ______ and her advantages could be fully eradicated when earnings reaches ______.

11 How the mighty have fallen. Rank the next based mostly on their 2022 returns by means of Dec. 16, from worst to finest. (Trace: the returns are unfavourable 78 per cent, unfavourable 64 per cent, unfavourable 57 per cent and unfavourable 52 per cent.)

12 Hermey the misfit elf purchased 500 shares of Dentalcorp Holdings in September at $8 a share. He purchased one other 1,000 shares in November at $6, earlier than promoting 850 shares in December at $8.50. Hermey’s complete capital achieve on the sale could be about ______ and the adjusted value base per share of his remaining 650 shares could be ______.

13 Cindy Lou Who holds an exchange-traded fund in her tax-free financial savings account (TFSA) and seen that the ETF distributed a big sum of return of capital (ROC) in 2022. For tax functions, she is required to:

14 As of Dec. 16, the yield on five-year Authorities of Canada bonds was about:

15 In December, many ETFs declare a year-end reinvested or “phantom” distribution. These non-cash quantities usually include ______ and in nonregistered accounts needs to be ______ the investor’s adjusted value base.