Reporting on Sherry

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.

“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…

What does a Liberal majority and the promise of deficit spending by the Trudeau government mean for the average homeowner? According to Sherry Cooper, the chief economist at Dominion Lending Centres, you might want to re-assess your mortgage. “Particularly so because running deficits means issuing more debt and increasing the supply of government bonds means…

The majority win by Justin Trudeau’s federal Liberal Party in last night’s (October 19) election pushes Trudeau’s campaign promises of an overhaul of Canada’s tax system and increased infrastructure spending to the forefront, according to a TD Economics note to investors released October 20. Sherry Cooper, chief economist for Dominion Lending Centres, said the unexpected…

From Business News Network (BNN): Sherry Cooper, Chief Economist, Dominion Lending Centres says she’s optimistic about the Canadian economy following the Liberal majority victory in the election. She adds that a “very positive attitude” is now in place and the time is right for ramped-up fiscal stimulus to stimulate the economy.

From Business News Network (BNN): Bank of Canada kept interest rates unchanged Wednesday, in line with economist expectations. Sherry Cooper, Chief Economist, Dominion Lending Centres says although Canada’s economy is currently a mixed bag, there are some signs that it is on its way to gradual growth.

The Bank of Canada kept its key interest rate on hold at 0.5 per cent on Wednesday and said the country’s resource sector continues to adjust to lower prices for oil and other commodities. The decision by the central bank was in line with economists’ expectations. Sherry Cooper, chief economist of the Dominion Lending Centres,…

Fears of a housing bubble. The Shanghai stock market crash. Disappointing economic data on exports and plunging auto sales. And now this. A few years ago, China’s move to devalue its currency would likely have been seen as a positive development. The International Monetary Fund (IMF) welcomed the August 11 news that China had made…

Like finding Waldo, a lot depends on who’s doing the looking and what they’re looking for. Some can see “red” across the board. For others, nothing seems to jump out and catch their eye — game over. Since the start of 2015, Canada’s economy has been in a “now-you-see it, now-maybe-you-don’t” recession pattern, with seemingly contradictory…

Any hope Saudi Arabia would reconsider its oil production strategy and begin to decrease production evaporated this week when the kingdom’s leaders said they will issue $27 billion US in government bonds by the end of the year. So much for throwing in the towel and going back to being the swing producer. Adding fuel…