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DOGE Federal Government Commercial Card Spending Limits Explained

Learn how DOGE put its $1 spending limit on federal employees, why they have credit cards, and best practices for placing spending controls on company cards.

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Mar 5, 2025
DOGE Federal Government Commercial Card Spending Limits Explained

Security of Client Funds

Security of Client Funds

Corpay understands that the security of our customers’ funds is a vital component of our relationship with every customer, as well as our regulators. We meet the applicable regulatory standards in protecting any money you have entrusted us with.

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

Weaker-Than-Forecast 1% Growth to Keep Bank of Canada Cutting

“The Canadian dollar is pushing lower, but is again running into strong support below the C$1.40 threshold,”

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

Yahoo Finance: Canada's economy flatlined in August, supporting expectations for another 50bp cut from the Bank of Canada

"Corpay chief market strategist Karl Schamotta wrote in a note that third quarter growth that is on track to be below the Bank's forecasts is "keeping hopes for a half-point rate cut in December alive.""

The clear (and covert) advantages of paying in local currency
Cross-BorderGlobal paymentsRisk management

The clear (and covert) advantages of paying in local currency

Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.

Currency outlook ahead of U.S. election

Currency outlook ahead of U.S. election

Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg for a closer look at Canada's economy and offers his view on the markets.

Canadian dollar could fall below 70 cents if Trump wins

Canadian dollar could fall below 70 cents if Trump wins

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about the impact on the Canadian dollar from the U.S. election and Bank of Canada rate cuts.

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