August 25, 2015

Category: Articles

Market losses present dilemma for parties’ economic plans

The issue for Canada and many other Western nations is that they have not yet paid off the debt that was incurred during the last round of deficit-financed stimulus spending. Still, Canada’s federal debt is low by international standards. Economist Sherry Cooper of Dominion Lending Centres is among those who are calling for a new…

Read More

August 25, 2015

Category: Articles

Yedlin: Market meltdown a warning for Alberta government

The question is how to look at what took place Monday in the context of previous market meltdowns — think 1987, 1997, 2000 and 2008. Having witnessed all of those events, Sherry Cooper has a particularly good vantage point on the current situation. Cooper, the former chief economist for BMO Capital Markets who’s now with…

Read More

August 17, 2015

Category: Media Reporting on Sherry

China’s currency crunch hits Canadian exports

Fears of a housing bubble. The Shanghai stock market crash. Disappointing economic data on exports and plunging auto sales. And now this. A few years ago, China’s move to devalue its currency would likely have been seen as a positive development. The International Monetary Fund (IMF) welcomed the August 11 news that China had made…

Read More

August 13, 2015

Category: Media Reporting on Sherry

Canada’s economy gives, and takes away

Like finding Waldo, a lot depends on who’s doing the looking and what they’re looking for. Some can see “red” across the board. For others, nothing seems to jump out and catch their eye — game over. Since the start of 2015, Canada’s economy has been in a “now-you-see it, now-maybe-you-don’t” recession pattern, with seemingly contradictory…

Read More

August 12, 2015

Category: Media Reporting on Sherry

Yedlin: Oil price outlook grows more dire

Any hope Saudi Arabia would reconsider its oil production strategy and begin to decrease production evaporated this week when the kingdom’s leaders said they will issue $27 billion US in government bonds by the end of the year. So much for throwing in the towel and going back to being the swing producer. Adding fuel…

Read More

August 12, 2015

Category: Media Reporting on Sherry

Cooper: No widespread fraud in Canada’s mortgage industry

From Business News Network (BNN): Sherry Cooper, Chief Economist, Dominion Lending Centres, says there are no signs of widespread fraud in Canada’s mortgage industry. She joins BNN to discuss the role of regulators and financial institutions in preventing fraud.

Read More

August 11, 2015

Category: Media Reporting on Sherry

China’s surprise currency move is more bad news for Canadian commodities

China’s surprise move to devalue its currency will likely mean more pain for the battered Canadian economy. Stock markets in Canada and the United States fell sharply on the news that China had allowed the yuan to drop 2%. China made the unexpected decision for two reasons, said Sherry Cooper, chief economist at Dominion Lending…

Read More

August 11, 2015

Category: Media Reporting on Sherry

Oil hits new low, dragging Canadian dollar close to 76 cents

The Canadian dollar took a double hit on Tuesday from devaluation of the Chinese currency and a fresh six-month low for oil, which slipped below $43. The loonie was at 76.13 cents US at mid-afternoon, down three quarters of a cent from Monday. It hit a low of 76.08 earlier in the day. But the…

Read More

August 11, 2015

Category: Articles

China Rattles Markets with Currency Devaluation

In another desperate move to boost a flagging economy, China devalued its currency by 2 percent overnight. The Canadian dollar nose-dived on the news following what had been a week-long recovery. The US dollar strengthened as capital flowed into the safe haven of the greenback. The surprise move sent shock waves through global markets, driving…

Read More

August 7, 2015

Category: Media Reporting on Sherry

Job growth steady and ‘close to consensus’ in Canada and U.S., but recession debate continues

“The debate over whether Canada is in a full-fledged recession will continue,” said Sherry Cooper, chief economist at Dominion Lending Centres. That leaves Bank of Canada governor Stephen Poloz in a wait-and-see pattern on future interest rate adjustments, following two cuts since the start of this year as the impact of the oil-price plunge began…

Read More
Page 1 of 212
  • Sign up to Newsletter

    Newsletter

    Sign up to regular newsletters from Dr Sherry Cooper