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Economic Research
Dr. Sherry Cooper's Quarterly Webcast
for October 1, 2008
BMO Financial Group Economics
is now
BMO Capital Markets Economics.
Regular readers can click here to find their documents.
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The Week Ahead
Tue., January 6

Cdn. Industrial Product Price Index

Cdn. Raw Materials Price Index

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Fri., January 9

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Mon., January 12

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WHAT'S NEW
Tuesday, January 6
Monday, January 5
Central Bank Dates

Central Bank Dates for January 2009 [PDF]
Friday, January 2
Focus

January 2, 2009 [PDF]
ECONOFACTS
Dec. 24 '08
And So It Begins…: Canadian real GDP fell 0.1% in October, better than expected, but likely still marking the start of recession... more [PDF]
Dec. 23 '08
U.S. Home Sales: How The Grinch Really Stole Christmas: U.S. existing home sales fell a much larger-than-expected 8.6% in November, with sales of single-family homes sliding to an 11-year low... more [PDF]
BOTTOM LINE
Dec. 18 '08
One Major Lesson: One major lesson learned in 2008 is that financial losses spill quickly into the real economy... more [PDF]
SPECIAL FEATURE
Dec. 22 '08
2009 Outlook: A World of Challenges: With most major economies staggering into a downturn, and global leading indicators still pointing deeply lower, it seems almost a foregone conclusion that recessionary forces will dominate the landscape in 2009... more [PDF]
Aug. 19 '08
Auto Industry Monitor: U.S. vehicle sales very weak; Canadian sales buoyant: Combined light vehicle sales in Canada and the United States have plunged in 2008, running in July at their lowest levels in fifteen years... more [PDF]
Jul. 22 '08
Waterloo Region and Guelph: Economic Update: The Waterloo Region and Guelph have endured a couple of challenging years... more [PDF]
RATES SCENARIO
Dec. 1 '08
Rates Scenario for December 2008: A deepening U.S. recession and still-dysfunctional credit markets point to a 50 bp Fed rate cut in December... more [PDF]
FOCUS
Jan. 2 '09
2008: Record (or Near-Record) Losses in Stocks and Commodities…
…Central Banks Take Overnight Rates to Record Lows…
…CAD Suffers Biggest Annual Drop Ever
2009: Welcomed with Cautious Hopes Riding on Fiscal Actions
U.S. Automakers Await Bail-Out Funds
Crude Oil Falls below $42 Despite Geopolitical Risks
more [PDF]
PROVINCIAL UPDATE
Dec. 9 '08
Newfoundland & Labrador Lifts Surplus: The Province of Newfoundland & Labrador lifted its surplus estimate for the current fiscal year as higher-than-expected oil prices (despite the recent plunge) and stronger income tax receipts boost revenue... more [PDF]
BUDGETS
Nov. 27 '08
It’s the End of the Surplus as We Know It…(but Ottawa Feels Fine): Finance Minister Flaherty’s Economic and Fiscal Statement doggedly sticks to the view that Ottawa can maintain a small budget surplus in coming years, despite the howling economic winds... more [PDF]
GLOBAL EQUITY WEEKLY
Dec. 12 '08
2008 Review: Now That’s a Bear Market: Call it what you will—the crash of 2008, the great recession, credit crunch, credit crisis or depression-lite—what’s certain is that this year will go down as one of the worst bear markets in history... more [PDF]
THE GOODS
Dec. 19 '08
Commodity Slide Continues: The BMO Capital Markets Commodity Price Index suffered another double-digit decline in November... more [PDF]
NORTH AMERICAN OUTLOOK
Nov. 4 '08
No Credit, No Growth:
The North American economy is likely in a recession that will last until the summer
Aggressive monetary easing will support a sluggish recovery next year as consumers deleverage
Central banks are likely to ease further
more [PDF]
PROVINCIAL MONITOR
Summer 2008
Regional Disparity Continues: The disparity in Canadian regional economic performance continues unabated... more [PDF]
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