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

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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.

Read More
Page 3 of 3123
  • Sign up to Newsletter

    Newsletter

    Sign up to regular newsletters from Dr Sherry Cooper