Month: April 2020
April 15, 2020
Category: About Sherry Articles Media Reporting on Sherry
Bank of Canada Puts The Economy on Life Support
Bank of Canada Stands Ready To Do Whatever It Takes On the heels of a devastating decline in the Canadian economy, the Bank of Canada is taking unprecedented actions. With record job losses, plunging confidence and a shutdown of most businesses, this month’s newly released Monetary Policy Report (MPR) is a portrait of extreme financial stress…
April 15, 2020
Category: About Sherry Articles Media Reporting on Sherry
Home Sales and Listings Plunge in March as the Bank of Canada Steps Up Economic Support
Housing Market Another Victim of the Virus Data released this morning from the Canadian Real Estate Association (CREA) showed national home sales fell 14.3% on a month-over-month (m-o-m) basis in March, the first national indication of the early impact of social isolation. The economic disruption and massive layoffs caused both buyers and sellers to increasingly…
April 9, 2020
Category: About Sherry Articles Media Reporting on Sherry
Record Job Losses, Yet Loonie and Stock Market Rally
Canada Loses Over a Million Jobs in March Employment in Canada collapsed in March, with over one million jobs lost, wiping away over three years of job creation in a single month and highlighting the economic pain the coronavirus pandemic has swiftly delivered. The decline in jobs in Canada, on a proportional basis, was steeper…
April 6, 2020
Category: About Sherry Articles Media Reporting on Sherry
It’s All About the Economics
Dr. Sherry Cooper in this year’s CMP Top 75 Brokers edition of the Canadian Mortgage Professional! Read it here now or click the image below.