Corpay

Topic: Cross-Border

The Rise of Nearshoring: What it may mean for Financial Planning and Analysis teams, Treasury teams, and CFOs

Nearshoring—moving manufacturing and supply chains closer to home—has been on the rise. Rising labour costs, supply chain disruption, and COVID lockdowns accelerated this shift. There are positives, but also challenges, for financial professionals.

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By Cross-Border
Mar 15, 2024
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Low-flying loonie making Bank of Canada’s fight against inflation even harder

Low-flying loonie making Bank of Canada’s fight against inflation even harder

In recent decades, a 10 per cent drop in the Canadian dollar has translated into a short-lived half per cent upward shock in the annualized headline inflation reading, according to Karl Schamotta, chief market strategist at Corpay.

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the Canadian economy and currency following OPEC+ recommendation regarding oil production cuts.

Canadian dollar headed toward 70 cents

Canadian dollar headed toward 70 cents

Karl Schamotta, chief market strategist at Corpay Cross Border Payments, speaks to the Financial Post's Larysa Harapyn about the outlook for the Canadian dollar and what factors are impacting price fluctuations.

Dollar Falls as U.S. Yields Ease; Euro Rallies

Dollar Falls as U.S. Yields Ease; Euro Rallies

"We're seeing a drop in interest rate expectations across the financial markets on the basis of Reserve Bank of Australia's surprise smaller-than-expected hike," said Karl Schamotta, chief market strategist at Corpay in Toronto.

The currencies of Mexico and Brazil resist the fall of global markets

The currencies of Mexico and Brazil resist the fall of global markets

"I don't think it's primarily because they're better run economies," says Karthik Sankaran of Corpay, "it's just that the circumstances have been better for these two countries than for most other countries." the other emerging ones”.

Stay a step ahead: Squashing cyberthreats in the workplace

Stay a step ahead: Squashing cyberthreats in the workplace

Listen as we discuss emerging cyber security trends, threats, vulnerabilities, and various ways to stay vigilant – both in business and privately.

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