[QUIZ] Test your personal finance knowledge to start the year off right

In 2022, finance and real estate have often made the headlines. Test your knowledge with this quiz.

The passing mark is six correct answers. Google is allowed!

Quiz

Question #1

How many times has the Bank of Canada raised its key rate in 2022?

Question #2

Due to inflation, consumers have to spend more. What increased the most in 2022, compared to the previous year?

Housing

The grocery store

Gasoline

Question #3

At the end of 2022, Quebecers received a check from the Legault government. How much was that help?

From $1000

Between $400 and $600

Between $200 and $400

Question #4

At what age can you retire in Quebec?

From 65 years old

From 60 years old

From 55 years old

Issue #5

As of January 1, 2023, Quebec retirees will see their QPP payment increased. What is the percentage increase?

Issue #6

Up to what age can you contribute to your RRSP?

Until he was 71

Until his 65th birthday

Until we retire

You can contribute as long as you want

Question #7

What is the minimum down payment needed to buy a home, without the need for mortgage insurance like CMHC?

Question #8

In its 2022 budget, the federal government announced the creation of a new savings tool to help citizens acquire a first property. What’s her name?

Rap

The GIC

The RESP

The CELIAPP

Question #9

You received a $100 gift card at Christmas. What is its validity period?

There is no expiration date

One year from purchase

One year from the time you use it

Question #10

The minimum payout percentage on credit cards increased in August 2022. How much is it now?


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