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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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Corpay Cross-Border Named the Official FX Partner of SK Slavia Praha

Corpay Cross-Border Named the Official FX Partner of SK Slavia Praha

Providing access to currency risk management and cross-border payments solutions

Financial Post: Canada would suffer smallest hit in reciprocal tariffs scenario, Yale study suggests

Financial Post: Canada would suffer smallest hit in reciprocal tariffs scenario, Yale study suggests

“Reciprocal tariffs could be absurdly difficult to put into practice — some estimates indicate that the government would need to manage 2.6 million individual tariff rates

Wall Street Journal: Resilience of Mexican Peso, Canadian Dollar Point to Higher Prices for U.S. Consumers

Wall Street Journal: Resilience of Mexican Peso, Canadian Dollar Point to Higher Prices for U.S. Consumers

Karl Schamotta, strategist at Corpay, a foreign-exchange and global payments company, warned that this unexpected stability in these notoriously volatile markets may not last

Reuters: Canadian dollar hits one-month low as tariff deadline confirmed

Reuters: Canadian dollar hits one-month low as tariff deadline confirmed

"As recently as an hour ago, markets had assumed that tariffs would not be imposed, or that they would be dramatically watered down," Karl Schamotta, chief market strategist at Corpay said in a note.

CNBC: Euro rises to four-month high on optimism about Germany's infrastructure fund

CNBC: Euro rises to four-month high on optimism about Germany's infrastructure fund

"By launching a 500-billion euro investment fund and working to reform the country's overly-restrictive debt brake, German leaders are taking steps that could reinvigorate growth at the core of the euro project

DOGE Federal Government Commercial Card Spending Limits Explained
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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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