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Dr. Sherry Cooper

Dr. Sherry Cooper

Dr. Cooper is Chief Economist of Dominion Lending Centres, Canada’s leading mortgage and leasing company with more than 2,600 members offering free expert advice across the country. In this role, Dr. Cooper helps Canadians understand the issues surrounding their most important financial decision— buying a home. Named “the megawatt celebrity economist” by Canada’s national newspaper—and repeatedly cited as one of the most influential women in Canada, Dr. Cooper served as Chief Economist and Executive Vice-President of BMO Financial Group where she was responsible for global economic and financial forecasting as well as country-risk and industry-risk analysis. She joined BMO Financial Group in 1994 when it acquired Burns Fry, where she had been Chief Economist, Co-Head of Fixed Income and the first female director of a Bay Street investment firm. Dr. Cooper has an M.A. and Ph.D. in Economics from the University of Pittsburgh. She began her career at the Federal Reserve Board in Washington, D.C. where she worked very closely with then-Chairman, Paul Volcker and subsequently joined the Federal National Mortgage Association (Fannie Mae) as Director of Financial Economics.
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Dr. Cooper is Chief Economist of Dominion Lending Centres, Canada’s leading mortgage and leasing company with more than 2,600 members offering free expert advice across the country. In this role, Dr. Cooper helps Canadians understand the issues surrounding their most important financial decision— buying a home. Named “the megawatt celebrity economist” by Canada’s national newspaper—and repeatedly cited as one of the most influential women in Canada, Dr. Cooper served as Chief Economist and Executive Vice-President of BMO Financial Group where she was responsible for global economic and financial forecasting as well as country-risk and industry-risk analysis. She joined BMO Financial Group in 1994 when it acquired Burns Fry, where she had been Chief Economist, Co-Head of Fixed Income and the first female director of a Bay Street investment firm. Dr. Cooper has an M.A. and Ph.D. in Economics from the University of Pittsburgh. She began her career at the Federal Reserve Board in Washington, D.C. where she worked very closely with then-Chairman, Paul Volcker and subsequently joined the Federal National Mortgage Association (Fannie Mae) as Director of Financial Economics.

Bank of Canada responds to weak Q2 economy—holding policy steady

The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25%. The Bank is maintaining its extraordinary forward guidance on...

Canada’s economy unexpectedly contracted in Q2

The surprising weakness in the Q2 Canadian economy reflected weaker home sales and exports. Housing dampened economy in Q2 This morning’s Statistics Canada release showed...

Canadian inflation hits highest reading in two decades

Annual inflation hits 3.7% in Canada—a new election issue. This morning’s Statistics Canada release showed that the July CPI surged to a 3.7% year-over-year pace,...

The slowdown in Canadian housing continued in July

Existing home sales fell 3.5% on a month-over-month basis in July, marking the smallest of the four consecutive declines since March. Today the Canadian Real...

Bank of Canada tapers bond-buying again

The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25%. It tapered its quantitative easing bond-buying program for the...

Canada’s jobs recovery resumed in June as lockdown began to ease

This morning, Statistics Canada released the June 2021 Labour Force Survey showing employment rose 230,700 (1.2%) in June, rebounding from a cumulative decline over the...

Bank Of Canada Holds Overnight Rate Steady

Bank of Canada holds rates and QE steady—asserting that both the upside in inflation and the downside in GDP is temporary The Bank of Canada...

Housing is Driving The Canadian Economy

Housing drove economic expansion in Q1 This morning’s Statistics Canada release showed that the economy grew at a 5.6% annualized rate in the first quarter,...

Another Weak Canadian Jobs Report For May

Canada’s jobs recovery derailed by third-wave restrictions This morning, Statistics Canada released the May 2021 Labour Force Survey showing another contraction in employment, albeit not...

Pandemic containment measures in Canada caused job losses and a rise in the unemployment rate in Apr

Weak April Jobs Report Reflects Canadian Lockdown Canada’s jobs recovery impaired by third-wave virus restrictions This morning, Statistics Canada released the April 2021 Labour Force...

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