August 15, 2017

Category: About Sherry Articles Media Reporting on Sherry

Housing Market Weakens Further in July, But Drag From GTA Dissipates

This morning’s release of the Canadian Real Estate Association (CREA) data for July confirmed that key housing markets in Canada continued to slow, led by the Greater Golden Horseshoe (GGH) region surrounding Toronto. This region’s marked slowdown began in late April with the announcement of a 15% foreign tax credit and a sixteen-point program to…

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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 14, 2017

Category: Media Reporting on Sherry Video

Balance sheet selloff to have ‘significant impact’ on fixed income

From Business News Network (BNN): As the U.S. Fed raises its key benchmark interest rate, Sherry Cooper, chief economist at Dominion Lending Centres, joins BNN to discuss the Fed’s plan to unwind the balance sheet and how it will impact markets.

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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 23, 2017

Category: Media Reporting on Sherry Video

Budget prudent in wake of uncertainty over U.S. trade policy: Economist

From Business News Network (BNN): Sherry Cooper, chief economist, Dominion Lending Centres talks to BNN about why the federal budget’s wait-and-see approach is prudent in light of uncertainty over Canada’s trade relationship with the U.S.

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September 21, 2016

Category: Media Reporting on Sherry Video

Fed preview: It’s all about the language

From Business News Network (BNN): Sherry Cooper, Chief Economist, Dominion Lending Centres offers her expectations of Wednesday’s Federal Reserve announcement, why the market will be digging deep into the accompanying statement and what it may mean for the direction of the markets.

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June 3, 2016

Category: Media Reporting on Sherry Video

Panic buying in residential real estate

From Business News Network (BNN): The hottest real estate markets in Canada continue to defy gravity with home sales in Toronto last month reaching a record level and prices jumping 16 per cent. Sherry Cooper, Chief Economist, Dominion Lending Centres, has not used the word “bubble” to describe conditions in Toronto or Vancouver, but says…

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May 9, 2016

Category: Media Reporting on Sherry Video

Canada loses 2,100 jobs in April, unemployment rate steady

From Business News Network (BNN): Sherry Cooper, Chief Economist at Dominion Lending Centres joins BNN to break down the April jobs numbers for Canada and the U.S.

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January 11, 2016

Category: Media Reporting on Sherry Video

Commodity price rout being felt outside the oil patch: BoC

From Business News Network (BNN): The impact of collapsing crude prices is putting a damper on Canadian business sentiment far beyond the oil patch, the Bank of Canada said in its quarterly business outlook survey. BNN speaks to Sherry Cooper, Chief Economist, Dominion Lending Centres for reaction.

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November 12, 2015

Category: Media Reporting on Sherry

Starbucks Canada targets youth unemployment with program to hire at-risk young people

“There’s a crisis on youth unemployment and there’s a crisis on the hope that you can achieve, that you can get started,” Luisa Girotto, Starbucks Canada’s vice ­president of public affairs, said. “It’s not enough to say we’ll hire five, we’ll hire ten. It’s not about making a little dent.” Canada’s national youth unemployment rate was 13.5…

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