dr sherry cooper

Bank of Canada Cuts Overnight Rate by 25 BPS to 2.25%

Written by : Dr. Sherry Cooper & Associates Bank of Canada Lowers Policy Rate to 2.25% Today, the Bank of Canada lowered the overnight policy rate by 25 bps to 2.25% as was widely expected. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor […]

The Bank of Canada Lowers the Policy Rate by 25 Basis Points to 2.5%

Written by: Dr. Sherry Cooper & Associates Bank of Canada Lowers Policy Rate to 2.5% Today, the Bank of Canada lowered the overnight policy rate by 25 bps to 2.5% as was widely expected. Following yesterday’s better-than-expected inflation report, the Bank believes that underlying inflation was 2.5% year-over-year. Through the recent period of tariff turmoil, […]

Bigger Than Expected Drop in Canadian GDP in Q2

Written by: Sherry Cooper & Associates Tariff Turmoil Takes Its Toll Statistics Canada released Q2 GDP data, showing a weaker-than-expected -1.6% seasonally adjusted annual rate, in line with the Bank of Canada’s forecast, but a larger dip than the consensus forecast. The contraction primarily reflected a sharp decline in exports, down 26.8%, which reduced headline GDP growth […]

Bank of Canada Holds Rates Steady as Tariff Clouds Linger

Written by: Dr. Sherry Cooper Bank of Canada Holds Rates Steady As Tariff Turmoil Continues As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the third consecutive rate hold since the Bank cut overnight rates seven times in the past year. The Governing Council noted that the […]

Canadian Housing Might Be Turning a Corner as Sales Picked Up in June and Prices Flattened

Written by: Dr. Sherry Cooper Home Sales Rose As Prices Stabilized–Housing Market is Turning a Corner The number of home sales recorded over Canadian MLS® Systems rose 2.8% on a month-over-month basis in June 2025, building on the 3.5% gain recorded in May. Over the past two months, the recovery in sales activity has been […]

Bank of Canada Cuts Rates for Seventh Time

Written by: Dr. Sherry Cooper & Associates Bank of Canada Cuts Rates by 25 BPS on Tariff Concerns The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 2.75%, within the neutral range of 2.25%—2.75%. Tariff tremors have already led to a decline in […]

Tariffs – Trump Did It

Written by: Dr. Sherry Cooper & Associates Trump Did It – Trade War Starts Today Trump has imposed tariffs of 25% on goods coming from Mexico and Canada, 10% on Canadian energy, and an additional  10% on goods from China. He justified these actions by claiming they would force Mexico and Canada to address issues […]

Strongest Canadian Employment Report in Nearly Two Years

Written by: Dr. Sherry Cooper & Associates Stronger-Than-Expected Jobs Report in December Today’s Labour Force Survey for December was much stronger than expected, as many thought the Canada Post strike would have a larger impact. Employment rose by 90,900 net new jobs last month, and the employment rate—the proportion of the population aged 15 and older who […]

Canadian Headline Inflation was 1.9% Y/Y with Monthly Inflation Unchanged

Written by: Dr. Sherry Cooper & Associates Good News On The Inflation Front The Consumer Price Index (CPI) rose 1.9% year-over-year (y/y) in November, down from a 2.0% increase in October. Slower price growth was broad-based, with prices for travel tours and the mortgage interest cost index contributing the most to the deceleration. Excluding gasoline, the […]

Canadian Inflation Increased to 2.0% Y/Y in October – Up from 1.6% in September

Written by: Dr. Sherry Cooper & Associates October Inflation Rose to 2.0% as Gasoline Prices Declines Were More Muted   The Consumer Price Index (CPI) rose 2.0% year-over-year in October, up from a 1.6% increase in September. Gasoline prices fell to a lesser extent in October (-4.0%) compared with September (-10.7%). The all-items CPI, excluding gasoline, […]