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Northern Diversions

For Canadian exporters, the world’s longest undefended border is beginning to feel increasingly fortified.

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By Cross-Border
May 9, 2025
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CNBC: Dollar lowest since 2021 against euro, gains on yen

CNBC: Dollar lowest since 2021 against euro, gains on yen

Investors "are choosing to interpret Fed Chair Jerome Powell's Congressional testimony to mean that the central bank is laying the groundwork for an early-autumn rate cut," said Karl Schamotta, chief market strategist at Corpay in Toronto.

Financial Post: Headwinds could still topple Canadian dollar

Financial Post: Headwinds could still topple Canadian dollar

Loonie at risk of losing [some of its] 2025 gains: Corpay chief market strategist Karl Schamotta talks with the Financial Post’s Larysa Harapyn about the trajectories of the Canadian dollar and the U.S. greenback

NPR Marketplace: Why the dollar has taken a beating in 2025

NPR Marketplace: Why the dollar has taken a beating in 2025

“Businesses are looking at that decline since the beginning of the year, and they're thinking, ‘If this continues, I don't want to be paid in dollars, because that'll mean that I have less purchasing power domestically,’” said Karl Schamotta.

BNN Bloomberg: The US Economy Has Underperformed

BNN Bloomberg: The US Economy Has Underperformed

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss markets ahead of the U.S. Fed rate decision and the outlook for the Canadian economy.

BPO vs Fully-Managed AP Automation Software: How One Scales and One Stalls
Payments AutomationRisk management

BPO vs Fully-Managed AP Automation Software: How One Scales and One Stalls

Compare BPO and fully-managed AP automation software to find the right fit for your business. Explore pros, cons, and key differences, plus when each model makes sense.

Corpay Cross-Border Extends Exclusive Partnership with West Ham United

Corpay Cross-Border Extends Exclusive Partnership with West Ham United

Under this multi-year extension, the London based Premier League club, along with their network of corporate business partners will continue to benefit from access to Corpay Cross-Border’s innovative global payments and currency risk management solutions.

Smarter payments. Stronger growth. Keep business moving.

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