Newsroom | Corpay

Newsroom | Corpay

Industry News

Financial Post: Canadian dollar gets 'temporary reprieve' as Trump holds off on tariff threat

January 20, 2025 - “Trump’s history suggests that no ‘moment of clarity’ is coming, meaning that uncertainty levels — particularly on the trade front

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Industry News

Yahoo Finance: Canada's sinking loonie could see modest rebound in 2025: Analysts

January 20, 2025 - Karl Schamotta, chief market strategist at Corpay says the loonie was already facing strong headwinds prior to recent political drama.

Industry News

Financial Post: So long 'new normal.' The 'old normal' is back and that means higher interest rates

January 17, 2025 - The term "new normal" became popular to describe the economic conditions after the Global Financial Crisis, but Karl Schamotta, chief market strategist at Corpay thinks that era is over and the "old normal" is reasserting itself.

Industry News

CNBC: Dollar hits new one-month high as data weighs on rate cut hopes

January 16, 2025 - "If we look at this morning's retail sales report, that points to growth on virtually every possible level and across every aggregate within the consumer spending sphere,"

Industry News

Financial Post: The U.S. dollar is 'the only game in town'

January 14, 2025 - Currency expert Karl Schamotta talks about the Canadian dollar and greenback under Donald Trump

Industry News

Bloomberg: Canada Job Surge Spurs Traders to Pare Rate-Cut Bets

January 10, 2025 - 'The data suggest the Canadian economy is beginning to find its footing, Karl Schamotta, chief market strategist at Corpay, said in a report to investors.

Industry News

Globe and Mail: Charting the Canadian economy for 2025

January 10, 2025

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