Doing business with a down dollar in B.C.

“The [U.S. Federal Reserve] is clearly the biggest force here,” said Karl Schamotta, chief market strategist at Corpay (Fleetcor Technologies Inc.). “The fact that inflation in the U.S. is running higher and at a more persistent level than markets had expected has meant that the Fed is tightening policy to the point that it is breaking things throughout the global economy.”  Read the Business in Vancouver.