September 30, 2015

Category: Articles

Good News For Harper And The Canadian Economy

Real gross domestic product (GDP) for July was posted at an better-than-expected 0.3 percent, confirming that the economy rebounded in the third quarter from the contraction in the first half of the year. Although oil prices remain depressed and commodity prices in general have fallen, the economy has been bolstered by the fall in the…

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September 23, 2015

Category: Articles

China Weakness Could Postpone Fed Rate Hike

A significant slide in a preliminary measure of China’s factory activity for September is getting more attention than usual because Janet Yellen mentioned concern about China’s economic outlook as a reason for Fed caution. This reduces the odds of a rate hike in October. Data released in China last night showed that companies are struggling…

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September 17, 2015

Category: Presentations

Canada Rebounds

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September 17, 2015

Category: Articles

Fed Postpones Rate Hike

The Fed kept the overnight rate unchanged today, choosing to delay an increase owing to stubbornly low inflation, an uncertain outlook for global growth and recent financial market volatility. It appears that recent losses in China’s equity markets reflect deeper worries over growth prospects for the world’s second largest economy. Slowing growth in China has…

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September 9, 2015

Category: Media Reporting on Sherry Video

Economy to continue gradual growth as Bank of Canada holds interest rates

From Business News Network (BNN): Bank of Canada kept interest rates unchanged Wednesday, in line with economist expectations. Sherry Cooper, Chief Economist, Dominion Lending Centres says although Canada’s economy is currently a mixed bag, there are some signs that it is on its way to gradual growth.

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September 9, 2015

Category: Media Reporting on Sherry

Bank of Canada keeps key rate on hold at 0.5 per cent

The Bank of Canada kept its key interest rate on hold at 0.5 per cent on Wednesday and said the country’s resource sector continues to adjust to lower prices for oil and other commodities. The decision by the central bank was in line with economists’ expectations. Sherry Cooper, chief economist of the Dominion Lending Centres,…

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September 9, 2015

Category: Articles

No Surprises From the Bank of Canada

As expected, the Bank of Canada refrained from cutting interest rates at today’s policy meeting. The recent economic news has shown a marked improvement, precluding the Bank from following on the previous two rate cuts this year. The key policy overnight rate is only 50 basis points (one-half of one percentage points) and another 25 basis…

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