Corpay

Resources

Tax Implications of Foreign Exchange Transactions: Key considerations for multinational corporates

Foreign exchange (FX) transactions are an integral part of operations for multinational corporations. However, managing FX risk isn’t the only concern: the tax implications of these transactions are equally crucial.

Read more
By Cross-Border
Sep 19, 2024
Sidelong view of sets of escalators.jpg

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers

Canada' job numbers blew past expectations in April, but that wasn't the only surprise

Job market held strong in April, providing little relief to Bank of Canada

Job market held strong in April, providing little relief to Bank of Canada

Meanwhile, Karl Schamotta, chief market strategist at foreign exchange firm Corpay says the implications of the latest jobs data for interest rates are “unambiguous.”

C$ climbs to 2-week high as BoC rate cut bets ease

C$ climbs to 2-week high as BoC rate cut bets ease

"Another blockbuster Canadian jobs number," said Karl Schamotta, chief market strategist at Corpay.

Why King Charles won't be on Canada's banknotes anytime soon

Why King Charles won't be on Canada's banknotes anytime soon

Watch: Corpay's Karl Schamotta on the process to replace banknotes after King Charles' coronation

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes

Karl Schamotta joins BNN Bloomberg to discuss the upcoming moves of regional and central banks following the current trend of collapsing banks, continuous rate hikes by the U.S. Fed and of course, the looming threat of further inflation.

ausbiz: Banking sector worries weigh on markets

ausbiz: Banking sector worries weigh on markets

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, says the AUD spiked after the 'surprise' RBA rate hike, but offshore developments have seen the AUD give back a lot of its gains. 

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together