Director Profile

Sherry S. Cooper ICD.D PhD

Chief Economist Dominion Lending Centres

Board Value Proposition: 

A valued and trusted economic advisor who has a strong ability to see the big picture and the trends that will change our lives, and who has successfully contributed to a number of large global companies.

Economic Expert with Foresight

  • In Summer 2008 briefed BMO’s Risk Management Committee of senior executives and the Risk Review Committee of the Board to warn of a potential collapse in the United States and possibly global financial system.
  • First in bank to blow the whistle in August 2008, one month before the bankruptcy of Lehman Brothers.
  • Forecasted a deep US recession and continuing volatility and uncertainty.

Experienced Advisor to Corporate Boards, Governments, and Financial Institutions

  • With responsibility for BMO’s country risk and industry risk analysis, briefed diverse corporate boards such as Walgreen’s, Axzo Nobel, Rio Can, and MDC Partners.
  • Met with central banks on almost all continents to discuss financial and economic issues as they affected Canadian government bonds.
  • Thoughout career, have advised and guided businesses, governments, and institutions in Europe, Asia (especially China and Japan), and the United States and Canada.

Strong Leadership Through Difficult Challenges

  • At Burns Fry, as Chief Economist and Co-head of fixed income, was responsible for research and sales at a time when Canadian interest rates were dramatically above US rates.
  • Oversaw company’s huge Japanese business and clients while Japan fell into a very deep recession.

Author and Well-Known Influencer

  • Authored numerous publications in scholarly journals, a biweekly column in the National Post, and three books, including in 2001, Ride the Wave: Take Control in the Acceleration Age, which warned of the dramatic impact of the Internet, but also risks associated with the dot-com bubble. The New Retirement, published in 2008, was a blockbuster best seller.

Industry Experience: 

  • Banks
  • Diversified Banks
  • Thrifts & Mortgage Finance
  • Diversified Financials
  • Consumer Finance
  • Diversified Capital Markets
  • Investment Banking & Brokerage
  • Specialized Finance
  • Government

International Experience: 

  • United States

Board Experience:

Corporate Boards:

Driftwood Opportunity Fund G.P. (US) 2010 to 2012

Additional Boards:

Sunnybrook Health Sciences Centre Foundation 2002 to 2010
Chair, Audit and Finance Committee
Executive Committee
Ontario Advisory Council for Investment and Trade 2007 to 2009
American Chamber of Commerce in Canada, Advisory Board 2003 to 2007
INNET 1990 to 2007
Founding Member and Chair, Executive Committee


Dominion Lending Centres 2014 to Present
Chief Economist
DeGroote School of Business, McMaster University 2013 to Present
TMX Professor
MDC Partners 2013 to 2015
Chief Economic Advisor to the Board
BMO Financial Group 1994 to 2013
Executive Vice President, Chief Economist
Executive Vice President, Global Economic Strategist
Chief Economist, BMO Nesbitt Burns and BMO Capital Markets
Burns Fry Ltd 1983 to 1994
Chief Economist and Director
Vice Chair
Co-Head, Global Fixed Income
Fannie Mae 1982 to 1983
Director of Financial Economics
The Federal Reserve Board of Governors 1977 to 1982


ICD.D, Institute of Corporate Directors, 2014
Advanced Leadership Program, University of Toronto, Rotman School of Management, 2010
Bond Analysis and Portfolio Management Certificate, University of Illinois, 1989
PhD (Econ.), University of Pittsburgh, 1978
BA (Econ.), Goucher College, 1972