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Global News: Could Canada’s energy sector help offset impacts from the Iran conflict?

“With the Strait of Hormuz effectively shut down, investors are selling currencies from regions that import most of their energy needs,” says Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, in a written note to Global News.

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By Cross-Border
Mar 5, 2026
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Corpay Renews Partnership with the Djurgarden Football Club (Djurgårdens IF Fotboll)

Corpay Renews Partnership with the Djurgarden Football Club (Djurgårdens IF Fotboll)

Corpay will continue as the exclusive FX partner for Djurgarden Football

Corpay and Phonexa Announce Partnership to Make Global Commission Payments Safe and Simple for Affiliate Marketing Industry

Corpay and Phonexa Announce Partnership to Make Global Commission Payments Safe and Simple for Affiliate Marketing Industry

Corpay, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay's Cross-Border business has entered into a partnership with Phonexa.

 Corpay Named “Best B2B Payments Company” in 2023 FinTech Breakthrough Awards Program

Corpay Named “Best B2B Payments Company” in 2023 FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies

Reactions: SVB-focused Fed hikes rates 25 bp, suggests one more on horizon

Reactions: SVB-focused Fed hikes rates 25 bp, suggests one more on horizon

“I think the Fed did take the path of least resistance here, hiking but also providing a relatively dovish outlook on rates over the year ahead. That essentially gives markets what they were looking for.”

Federal Reserve decision LIVE: Banking system is 'sound and resilient'

Federal Reserve decision LIVE: Banking system is 'sound and resilient'

“If recent history is any indication, the market response could flip between the statement release and the press conference, with reversals likely to occur throughout the question-and-answer period,” said Karl Schamotta.

Banks are in turmoil. Here's how Canadians might be affected

Banks are in turmoil. Here's how Canadians might be affected

"Things are far more regulated today," Schamotta said, though there are concerns about a slowdown in economic growth.

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