Sal Guatieri said the changes might make it easier for the Bank of Canada to slash interest rates further without adding much more fuel to the housing market. The new measures will almost certainly slow down the growth of mortgage lending, said Dominion Lending Centres chief economist Sherry Cooper.
Date: Oct 03, 2016
Source: Google
What's been said about Brexit vote by financial experts, politicians
"For now, the most immediate impact will be lower interest rates... The Bank of Canada will wait and see what happens... If anything, continued very low interest rates could further boost already hot Toronto and Vancouver housing markets." Sherry Cooper, chief economist at Dominion Lending Centres.
Date: Jun 24, 2016
Source: Google
BoC projects contraction as Canada's economy feels effects of wildfires
Clearly, the bank is concerned about the debt burden of home buyers, said Sherry Cooper, chief economist at Dominion Lending Centres. The Bank of Canada has been whistling this tune for years now, but the continued frenzy in the hottest housing markets have further accentuated concern.
Date: May 25, 2016
Source: Google
Canada to probe foreigners buying homes in hot housing markets
"Hopefully, governments at all levels will refrain from discouraging foreign investment in housing in a misplaced effort to create more affordable housing," Sherry Cooper, chief economic adviser at Dominion Lending Centres, said in a statement.
Date: Mar 22, 2016
Source: Google
Bank of Canada holds rates as it awaits stimulus budget
I feel like the economic forecasters at the Bank of Canada are living in a parallel universe where things are a lot rosier than here on planet Earth, said Sherry Cooper, chief economist at Dominion Lending Centres.
"Until Germany is willing to foot the bill for much of the eurozone restructuring and acknowledge that monetary union implies further integration towards a fiscal, political and banking union, the crisis will continue," Sherry Cooper, the chief economist at BMO Financial Group said.
Date: Jun 18, 2012
Source: Google
More Americans Than Projected Filed Jobless Claims Last Week
The recent initial claims data have been disappointing onthe heels of the softer-than-expected March employment report,Sherry Cooper, chief economist at BMO Capital Markets inToronto, said before the report. Markets are gettingincreasingly worried that the U.S. economy is hitting anotherspee
ag down the sector as the contagion spread. There is risk in the banks that are holding these bonds and thats why weve seen this concern about France because the French banks are large owners of these individual country bonds, said Sherry Cooper, chief economist at Bank of Montreal.
Date: Aug 12, 2011
Category: Business
Source: Google
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