Trade News

16 November 2009 Dollar parity imminent, Royal Bank says This article is excerpted from the 16 November 2009 edition of “globeandmail.com” Canada's strong housing market recovery “is providing Canadian dollar bulls with more fodder to retest parity,” Royal Bank currency strategist Matthew Strauss…

16 November 2009 [US] Legislative Update: Short Deadlines for Input on MTB, Preference Programs This article is excerpted from the 16 November 2009 edition of “WorldTrade\Interactive”. Members of the trade community have just a few weeks to provide input into two processes that could have a…

16 November 2009 World Out of Balance This article is by Paul Krugman, and appeared in the 16 November 2009 edition of “The New York Times”. …. Nobody expects President Obama to come back from China with major new agreements, on economic policy or anything else. But let’s hope that when the cameras…

16 November 2009 Two is the loneliest number This article is extracted from the 16 November 2009 edition of “globeandmail.com”. U.S. President Barack Obama's first visit to China this week will get people talking about how what the world really needs is a Group of Two. Sure, the Group of 20 was only…

13 November 2009 Canadian exports rebound sharply The following is excerpted from today's "globeandmail.com". Canadian exports jumped 3.5 per cent in September, cutting the country's trade deficit in half, Statistics Canada reported Friday. The third gain in international shipments in four months…

13 November 2009 Chicken and Chicken Products and Turkey and Turkey Products - Supplementary Imports, Items 96 To 113 This Notice sets out the Minister’s policies and practices respecting supplementary imports for chicken and chicken products and for turkey and turkey products.... Coverage This…

13 November 2009 Industry Minister Clement to Explore Improved Trade Relations During Visit to Israel The following is excerpted from today’s news release by Industry Canada. The Honourable Tony Clement, Minister of Industry, will arrive in Tel Aviv tomorrow to begin five days of meetings that will…

13 November 2009 U.S. Meat Shipments at the Border Effective January 4, 2010, the CFIA intends to discontinue the practice of providing advance notification of the examination of meat shipments from the U.S. Drivers will be advised by CBSA at the PIL if meat shipments they are carrying have been…

13 November 2009 CBSA Message: Update to Scheduled Maintenance Outage The following message is from CBSA (EDI09-102 Update). Content in bold text indicates new or updated information. Saturday, November 14, 2009 EDI Mailbox Outage: Please be advised that due to scheduled maintenance, the mailboxes…

13 November 2009 H1N1 economic hit likely mild: TD The following is excerpted from today's edition of "globeandmail.com". For all the misery the H1N1 pandemic is causing people felled by the flu bug, the outbreak is unlikely to reach the point where it depresses overall economic activity in Canada…

13 November 2009 Canadians cry foul as Buy American policy hits home The following is excerpted from today's edition of "The Star". As the poster boy for Buy American, steel industry executive Dan DiMicco is a leader in the campaign that is keeping Canadian companies from bidding on highly valuable…

13 November 2009 Job losses sharper but shorter in this recession The following is excerpted from today's edition of "CBC News". Jobs disappeared much faster at the beginning of the latest recession than at the start of the slumps of 1981 and 1990, Statistics Canada reported Thursday. The study also…

The following messages were sent on 13 November: 1. CANADA BORDER SERVICES AGENCY - ELECTRONIC COMMERCE CBSA Message: Update to Scheduled Maintenance Outage 2. CANADIAN CUSTOMS ARTICLES Canadian exports rebound sharply Canadians cry foul as Buy American policy hits home Job losses sharper but…

13 November 2009 U.S. Trade Gap Widens 18.2 Percent In September The following is excerpted from today's edition of "New York Times". The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the largest increase in more than 10 years, as oil prices rose for the seventh…

12 November 2009 Certain copper pipe fittings, Notice of Re-investigation Dumping file #: 4214-12 Dumping case #: AD/1358 The Canada Border Services Agency (CBSA) has initiated a re-investigation of the normal values and export prices of certain copper pipe fittings originating in or exported from…

CCS designates are advised that this year only, the CSCB will offer a fourth CCS Designate Quiz. It will be available on 23 November and must be submitted by 2 p.m. EST on 23 December. If you pass the fourth quiz, points will be awarded for 2009.

12 November 2009 CBSA Message: Scheduled Maintenance Outage The following message is from CBSA (EDI09-102). Sunday, November 15, 2009 General EDI Outage: For maintenance purposes, the Customs EDI system will be unavailable from 5:00 am until 8:00 am (ET) on Sunday, November 15th, 2009. This will…

12 November 2009 Path to Recovery Challenging for Canada's Regions The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. This year has already made history. As far back as the records go, Canadian exporters have not seen a worse year than 2009 –…

12 November 2009 Bubble trouble: Policy makers strike warning note The following is excerpted from today's edition of "globeandmail.com". The once-distant warning bells of new financial bubbles in the making in Asia and elsewhere are getting louder. The International Monetary Fund, the World Bank…

11 November 2009 New Security Under SIMA CBSA intends to begin accepting new forms of security to guarantee the payment of provisional duty under SIMA. CBSA has also proposed a revision to the format for SIMA bonds issued by financial institutions or bonding companies. The new bond will be an easy…