July 12, 2017

Category: About Sherry Articles Media

Bank of Canada Turns the Tide

For the first time in seven years, the Bank of Canada announced today that it was hiking its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has staged a broadly based economic expansion this year. In a break from tradition, the Bank has taken…

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July 7, 2017

Category: About Sherry Articles Media Reporting on Sherry

Continued Strength in Canadian Employment Report For June

The June jobs data blew past expectations, all but insuring that the Bank of Canada will hike interest rates by a quarter point next week–the first rate hike in seven years. Market rates have already risen in expectation and the Royal Bank has boosted interest rates on its two-year, three-year and five-year fixed-term mortgage rates…

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June 15, 2017

Category: About Sherry Articles Media

GTA Sales Down Sharply as New Listings Surge In May

This morning’s release of the Canadian Real Estate Association (CREA) data for May confirmed earlier data from the Toronto Real Estate Board (TREB) pointing to a marked slowdown in housing activity in the Greater Toronto Area (GTA) since the late April announcement of the 15% foreign tax credit and the sixteen point program to enhance…

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June 9, 2017

Category: About Sherry Articles Media

May’s employment growth builds on gains since July 2016

Another Sign Of A Economic Strength Statistics Canada just released the Labour Force Survey for May, adding to the stream of positive economic indicators. While the jobless rate edged up 6.6% from a cycle-low 6.5%, it was the result of more optimism about job prospects as more people participated in the labour market. The jobless…

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May 24, 2017

Category: About Sherry Articles Media Reporting on Sherry

Bank of Canada Maintains Current Policy Stance

The Bank of Canada has once again held the overnight rate steady at 0.50 per cent pointing to continued low inflation and subdued wage growth, which the Bank judges to be consistent with continuing excess capacity in the economy. In a very terse press release, the Bank suggests that the U.S. and global economies will…

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March 18, 2016

Category: About Sherry Articles

Glass ceilings are no match for financial maven Sherry Cooper

A happy accident marked the beginning of a stellar career for Sherry Cooper. Then a student at Goucher College in Baltimore, she took her first economics class because she needed to fill a slot in her study schedule. That choice opened the door to Sherry’s future as a leader in the field of finance. “It…

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February 23, 2015

Category: About Sherry

Veteran economist Sherry Cooper back on Bay Street: ‘I’m returning to my roots’

Sherry Cooper, a former high-profile Bay Street economist, is making something of a comeback, joining the private Vancouver-based mortgage and lending group, Dominion Lending Centres (DLC). Ms. Cooper, born in Baltimore, has been a fixture on the Northern American scene for decades — working at the U.S. Federal Reserve and later with the Federal National…

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January 24, 2013

Category: About Sherry Media

BMO chief economist Sherry Cooper on retirement (and the bad boys of Bay Street)

A star was born 30 years ago, when a petite young U.S. economist moved to Toronto to join brokerage firm Burns Fry. Smart, stylish and tough, Sherry Cooper became the belle of Bay Street. Burns Fry was acquired by Bank of Montreal in 1994, and Cooper rose to become the bank’s chief economist in 2006….

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December 10, 2012

Category: About Sherry Media

Bank of Montreal Chief Economist Sherry Cooper to Retire

Bank of Montreal, the country’s fourth-largest bank by assets, said chief economist Sherry Cooper will retire from the bank in January after a 30-year career. Cooper, 62, a member of the 12-economist Economic Advisory Committee of the American Bankers Association, will retire Jan. 30, the Toronto-based bank said today in a statement. A replacement will…

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December 10, 2012

Category: About Sherry Media

BMO’s Sherry Cooper to retire Jan. 30

Bank of Montreal chief economist Sherry Cooper is retiring after a 30-year career at BMO Financial Group. Cooper, an executive vice-president, plans to step down effective Jan. 30, the bank announced Monday. “Sherry has built a reputation throughout North America for her straightforward, engaging style,” president and CEO Bill Downe said. “She brings clarity to…

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