Trade News

6 October 2009 Canada, India near new era of trade This article is excerpted from the 6 October 2009 edition of “globendmail.com”. India and Canada are moving to jolt stagnant trade ties, concluding a series of trade-related deals, including opening nuclear commerce and starting the first phase…

6 October 2009 Workers, employers face EI premium hikes: report This article is excerpted from the 6 October 2009 edition of “globeandmail.com”. Canadian workers could see their employment insurance premiums rise by $632 over four years while employers may face even bigger hikes if the government is…

6 October 2009 [US] Commerce Secretary Seeks to Eliminate Some Export Licenses, Streamline Others The following was reported on in today's edition of ST&R's "WorldTrade Interactive". In a recent speech to the export community, Commerce Secretary Gary Locke proposed two reforms that aim to modernize…

6 October 2009 [US] Retailers Forecast Lower Holiday Sales This article is extracted from the 6 October 2009 edition of “The Journal of Commerce”. The National Retail Federation on Tuesday forecast holiday retail industry sales will decline one percent this year to $437.6 billion. The drop is not as…

5 October 2009 PIP Newsletter CBSA has released its first newsletter addressing Partners in Protection, usually called PIP. This newsletter was circulated to PIP members, including the CSCB (Associate Member). The newsletter includes statistics on PIP participants, as well as an update on mutual…

5 October 2009 Laminate Flooring, Expiry No. LE-2009-001 IN THE MATTER OF a notice of expiry, pursuant to subsection 76.03(2) of the Special Import Measures Act, of the finding made by the Canadian International Trade Tribunal, on June 16, 2005, in Inquiry No. NQ-2004-006, concerning: LAMINATE…

5 October 2009 Individuals and businesses can now pay their taxes online The following is excerpted from the 2 October 2009 news release by CRA. The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food), announced the launch of a new online…

5 October 2009 Canadian businesses should get used to foreign exchange volatility, Carney warns The following article is extracted from the 4 October 2009 edition of “globeandmail.com”. Bank of Canada Governor Mark Carney expressed concern with the level of volatility in foreign exchange markets…

5 October 2009 H1N1 Flu - Is your company ready? It is likely that a second wave of the H1N1 Influenza Pandemic will arrive in Canada sometime during the upcoming fall and winter of 2009-10 and the Government of Canada is making resources available to ensure Canadians are prepared. While many…

5 October 2009 Push for bank regulation goes too far: Scotiabank CEO This article is extracted from the 5 October 2009 edition of “globeandmail.com”. Bank of Nova Scotia's chief executive officer added his voice to the chorus of bankers speaking out against the push for tighter financial regulations…

5 October 2009 A bear's 'bad feeling:' Is the recovery faltering? This article is excerpted from the 5 October 2009 edition of “globeandmail.com”. Paul Krugman sheepishly admits that he missed the strong stock market rebound of that past six months. But it's understandable, given the celebrated…

5 October 2009 Fear of jobless U.S. recovery fuels calls for more aid This article is extracted from the 3 October 2009 edition of “globeandmail.com”. U.S. President Barack Obama is being urged by economists to return to the stimulus well yet again after the American economy shed even more jobs than…

5 October 2009 Re-regulating U.S. banks a no-brainer This article is extracted from the 4 October 2009 edition of the “Toronto Star’. It can be fairly argued that the way to prevent another worldwide financial crisis and the global recession it triggered is, quite simply, to go back to regulating…

5 October 2009 U.S. dollar sinks after G7 meeting The following article is excerpted from the 5 October 2009 edition of “globeandmail.com”. The U.S. dollar weakened against most other major global currencies Monday after Group of Seven officials failed to take measures to curb the greenback's…

2 October 2009 CBSA Message: FEDEX direct connect The following message is from CBSA (EDI09-089). We are currently experiencing problems processing inbound and outbound data for clients using the FEDEX direct connect. There is no ETA.

2 October 2009 D8-3-6, Tariff Item 9905.00.00 and the Passover Products Remission Order This memorandum outlines the conditions under which certain products imported for use during the Passover holidays qualify for customs duty-free entry and Goods and Services Tax/Harmonized Sales Tax (GST/HST)…

2 October 2009 D8-1-1, Amendments to Temporary Importation (Tariff Item no. 9993.00.00) Regulations This memorandum outlines the conditions under which goods may qualify for duty-free entry under tariff item No. 9993.00.00. It also identifies those circumstances where temporarily imported goods are…

2 October 2009 CBSA Message: FEDEX direct connect issues resolved The following message is from CBSA (EDI09-089 Update). The problems with the FEDEX direct connect are now RESOLVED.