August 1, 2015

Category: Media Reporting on Sherry

Yedlin: Harsh economic realities becoming more clear

That wasn’t supposed to happen given our exports are now more competitive. What’s different this time, says economist Sherry Cooper, is that auto manufacturers — significant contributors to the Canadian economy who benefited from the veil of competitiveness provided by a low loonie in past recessions — are not the important economic contributors they once…

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July 31, 2015

Category: Media Reporting on Sherry

‘The quarter is looking ugly’: What economists are saying about Canada’s shrinking economy

Dr. Sherry Cooper, chief economist, Dominion Lending Centres “What is particularly troubling about this one is that the main culprit for the decline in May GDP was manufacturing, a sector that was supposed to be boosted by the weak Canadian dollar. This portends badly for the expected recovery in the current quarter as manufacturing exports…

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July 30, 2015

Category: Media Reporting on Sherry

Economist Sherry Cooper on her best (and worst) predictions

If Canada has a celebrity economist, it’s Sherry Cooper, whose high profile forecasts for BMO were required reading throughout the 1990s and 2000s. The Baltimore native began her career at the Federal Reserve Board and Fannie Mae in the U.S., before moving to Canada in 1983 to work for the brokerage firm Burns Fry (later…

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July 24, 2015

Category: Media Reporting on Sherry

Current economic environment drawing a certain type of client?

With the Canadian dollar taking a beating, one leading economist believes foreign investors will flock to the Canadian real estate market to take advantage. “Certainly. The price of Canadian real estate has fallen in U.S. dollar terms and in terms of many other currencies as well,” Dr. Sherry Cooper, chief economist with Dominion Lending Centres…

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July 16, 2015

Category: Media Reporting on Sherry

Banks fail to pass on full interest rate cut to tackle recession

The move by the Bank of Canada to cut its key interest rate will help consumers out a little, but experts say with rates already near record lows, it won’t mean much for individual borrowers. Canada’s big banks trimmed their prime rates by 0.15 percentage points to 2.7 per cent in the wake of the…

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July 15, 2015

Category: Media Reporting on Sherry

As a lousy economy tips Ottawa into deficit, will politicians face up to that fact?

He chopped the key overnight interest rate by 25 basis points to 0.5% in the hope it will stimulate Canada’s contracting economy. But that’s the only thing the bank can do to stimulate an economy in recession. Poloz may quibble about using that term, but I’m with most experts who will call this spade a…

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April 24, 2015

Category: Media Reporting on Sherry

PRESS RELEASE: Dominion Lending Centres Chief Economist Comments on Bank Of Canada Rate Hold

Dr. Sherry Cooper, Chief Economist for Dominion Lending Centres (DLC) was expecting the Bank of Canada to leave interest rates unchanged today in the wake of the surprising rate cut in late January.

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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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