Trade News

The following is excerpted from the 12 September 2011 edition of The Journal of Commerce. Export growth expected to slow in coming months

The following is excerpted from the 10 September 2011 edition of CBC News.

You’ll have a chance to learn and express views about the latest in Customs news. … plus the highlight of our conference, our 90th anniversary!

The following is excerpted from a 9 September 2011 news release by Foreign Affairs and International Trade Canada.

The following is excerpted from an 8 September 2011 report by the World Customs Organization.

The International Chamber of Commerce (ICC) has launched a much-anticipated revised version of its Rules of arbitration with the aim of better serving the existing and future needs of businesses and governments engaged in international commerce and investment.

Following is a 12 September 2011 news release by the Atlantic Canada Opportunities Agency.

Canada calls for rules-based trade rooted in sound science - Successful international agriculture trade ministerial meeting concludes The following is excerpted from a 9 September 2011 news release by Agriculture and Agri-Food Canada.

The following is excerpted from the 12 September 2011 edition of Reuters Canada.

The following is excerpted from the 9 September 2011 edition of Reuters Canada.

Protecting Canada's border

Further to the message sent earlier this morning, EICS connectivity has been restored. __________________________________________________

Connectivity to EICS is down due to technical problems. An investigation is underway, and further information will be provided as it becomes available. __________________________________________________

CBSA has provided AMPS statistics for the period July 2008 to June 2011. Members may be particularly interested in the following facts:

IN THE MATTER OF an appeal heard on June 14, 2011, pursuant to subsection 67(1) of the Customs Act, R.S.C. 1985 (2d Supp.), c. 1; AND IN THE MATTER OF four decisions of the President of the Canada Border Services Agency, dated September 30, 2010, with respect to a request for re-determination pursuant to subsection 60(4) of the Customs Act. BETWEEN TYCO SAFETY PRODUCTS CANADA, LTD. (FORMERLY DIGITAL SECURITY CONTROLS LTD.), Appellant AND THE PRESIDENT OF THE CANADA BORDER SERVICES AGENCY, Respondent DECISION

Canadians, it would appear, have developed quite a perceptive view of their southern neighbour. For the longest time, they displayed a mixture of moral superiority and inferiority toward the United States. No longer – at least not to the same extent. Canadians now understand that the U.S. remains an indispensable trading partner, but it no longer offers a model for economic development. As for the U.S. political system, Canadians are horrified at what they see – with good reason.

The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates are calculated quarterly in accordance with applicable legislation and will be in effect from October 1, 2011 to December 31, 2011. The rates are available at: http://www.cra-arc.gc.ca/nwsrm/rlss/2011/m09/nr110909-eng.html?=eml2011…

If you're frustrated with paying more than Americans for the same products, take heart: the Senate Finance Committee is looking into it.... Many products – including books, magazines and clothes – cost less in the U.S. Consumers who dealt with a much lower dollar for years have been voicing frustration over the continued difference... "Part of it is just making sure the participants in the retail economy come clean about how they price." The study won't start for at least another few weeks, however, since Parliament doesn't resume until Sept. 19.

The Canadian dollar firmed slightly against its U.S. counterpart on Thursday after U.S. jobless claims rose unexpectedly and Canadian trade and housing data came in mostly stronger than expected. The Canadian currency strengthened briefly to C$0.9840 to the U.S. dollar, or $1.0162, before easing back to a pre-data value of C$0.9853, or $1.0149... This article is available in its entirety at: http://ca.reuters.com/article/businessNews/idCATRE7872ZS20110908

The following report is from Tina Kremmidas, Chief Economist at the Canadian Chamber of Commerce. Statistics Canada reported this morning that 5,500 net jobs were lost in August, a weaker than expected reading. The unemployment rate ticked up a notch to 7.3% as more people entered the labour force. The details of the report were on the soft side. Private sector employment fell (-20,600). The number of self employed dipped (-6,900) while public sector employment edged higher (+22,000).