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Financial Post: Canada's high oil price 'conundrum'

Karl Schamotta, chief market strategist with Corpay Cross-Border Solutions, talks about why the Canadian dollar is weaker than you might expect.

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By Cross-Border
Jun 9, 2026
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Corpay to become Global Foreign Exchange Partner of Cirque du Soleil
Cross-BorderGlobal paymentsRisk management

Corpay to become Global Foreign Exchange Partner of Cirque du Soleil

Corpay to become Global Foreign Exchange Partner of Cirque du Soleil Corpay to enter into Official Marketing Partnership with Cirque du Soleil focused on currency risk management solutions

Bank of Canada not at 'mission accomplished' yet
Cross-Border

Bank of Canada not at 'mission accomplished' yet

Karl Schamotta, Chief Market Strategist at Corpay, talks with Financial Post’s Larysa Harapyn about how The Bank of Canada is not at ‘mission accomplished’ yet.

Wall Street Journal: Bank of Canada expected to keep rates steady on dour growth outlook
Cross-Border

Wall Street Journal: Bank of Canada expected to keep rates steady on dour growth outlook

“Core measures remain well above the central bank’s target range of 1% to 3%, “leaving policy makers with little choice but to retain language in its policy statement that keeps additional rate hikes in play,” said Karl Schamotta

Bank of Canada to leave rates on hold as economy stalls, analysts say
Cross-Border

Bank of Canada to leave rates on hold as economy stalls, analysts say

“All the signs across the Canadian economy right now are pointing to a prolonged slowdown” - Corpay’s Karl Schamotta

Fed officials could become more nuance in their 'higher for longer' communication amid higher yields
Cross-Border

Fed officials could become more nuance in their 'higher for longer' communication amid higher yields

Kristina Hooper, chief global market strategist at Invesco, and Karl Schamotta, chief market strategist at Corpay, join BNN Bloomberg to discuss the selloff in the bond market intensifying.

Inflation is cooling. The cost of living crisis is not
Cross-Border

Inflation is cooling. The cost of living crisis is not

"It wouldn't be entirely surprising if the wisdom of the crowds proved more accurate. As George Orwell put it, 'Some ideas are so stupid that only intellectuals believe them,'"

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