Trade News

7 July 2009 Lessons from the Great Recession The following is excerpted from the 6 July 2009 edition of "globeandmail.com". For 17 years, Canada's economy had been in expansion mode – an uninterrupted streak of growth, vanishing deficits, prosperity and wealth creation on a huge scale, especially in…

7 July 2009 Eyeballing Canada's post-manufacturing economy The following is excerpted from today's edition of "globeandmail.com". It was written by Gwyn Morgan, the retired founding CEO of Encana Corp. Canadians marked our national birthday last week firm in the conviction that there's no better…

6 July 2009 Regulations Amending the Health of Animals Regulations Bluetongue is a non-contagious, insect-borne disease that affects ruminant animals. Changes to Canada’s import policy on February 1, 2007, eliminated bluetongue-related control measures (testing requirements) for all ruminant animals…

6 July 2009 Correction Period Softwood Lumber Permits, June 09 Brokers are advised that the correction period for June 2009 Softwood Lumber permits ends Thursday, 09 July 2009, at 17:00 ET. We remind you of the importance of submitting correct information on permits as this is imperative to the…

6 July 2009 Update to CFIA AIRS website a) Chapter 23 was published to streamline the requirements for the following HS codes from the US and to modify the recommendation for the following HS codes for Animal Feed 23.09.90.1565 Other - Dog or cat food, commercially cooked, canned 23.08.00.6318…

6 July 2009 G8 leaders set sights on economic fix The following is extracted from today's edition of “The Star”. … [T]he G8 leaders… [are] unnerved by an ongoing global credit crisis, rising protectionist sentiment in pivotal economies like the United States and China, and instability in regions…

6 July 2009 [Cornwall] Border solution possible The following is excerpted from the 5 July 2009 edition of the “Cornwall Standard Freeholder”. Canada Border Services Agency (CBSA) senior executives have contacted Cornwall municipal officials about the possibility of creating a temporary customs…

6 July 2009 Canada's economic bounce will be short-lived, Merrill Lynch says The following is extracted from today's edition of “globeandmail.com”. The new chief economist for Merrill Lynch Canada has finally landed and published a forecast that is significantly more optimistic about the Canadian…

6 July 2009 Calls grow to supplant dollar as global currency The following is excerpted from today's edition of “globeandmail.com”. The call to find an alternative to the U.S dollar as the global reserve currency is gaining momentum as France joined calls by China, India and Russia for a review of…

6 July 2009 What makes border guards so mean? The following is extracted from the 4 July 2009 edition of “globeandmail.com”. …. The greater emphasis on security has changed the border-crossing experience. In turn, the U.S. border officer has become the stern symbol of post-9/11 America. The…

6 July 20009 Inter-agency Forum on Coordinated Border Management The following are the concluding remarks by Kunio Mikuriya, WCO Secretary General, after the WCO Inter-agency Forum on Coordinated Border Management last week in Brussels. CSCB President Carol West attended this event, in conjunction…

6 July 2009 Gurria Sees Improvement in Trade Financing The following is excerpted from today's edition of “The Journal of Commerce”. Although trade financing is becoming easier for exporters to access, many major transactions are still frozen because of financing trouble, said Angel Gurria…

3 July 2009 AMPS Statistics CBSA has released statistics related to the monitoring of the AMPS program. These statistics will be released twice each year, and the first of these national statistics, from the calendar years 2006 - 2008 are provided in this message. These statistics do not include…

3 July 2009 Ministers Day and Ritz Pleased with Russia’s Decision to Lift Import Bans on Canadian Meat Products The following is excerpted from today’s news release by DFAIT. The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, and the Honourable…

3 July 2009 Update to CFIA AIRS website a) Chapter 07 was published to add new OGD extensions. 07.09.70.3031.01 - Spinach - Chinese or Asian - Amaranthus spp.(fresh or chilled) 07.09.70.3031.02 - Spinach - Chinese or Asian - Ipomoea spp., Basella spp.(fresh or chilled) b) Chapter 12 was published to…

3 July 2009 Dazed by the Dollar The following is written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. What’s gotten into the loonie? Months of calm were shattered in late April as the dollar soared by 12 cents in 29 days. The swift increase would be shocking at…

3 July 2009 Shipments Index Grows for Second Straight Month The following appeared in the 2 July 2009 edition of "The Journal of Commerce". The Cass Freight Index of domestic U.S. shipping fell 20 percent in June compared to the last year, but the closely watched measure also showed signs of…

3 July 2009 WTO Report Urges Action on Trade Financing The following is excerpted from the 2 July 2009 edition of "The Journal of Commerce". Many exporters are still struggling to get the loans they need to ship their goods, World Trade Organization director-general Pascal Lamy said in a new report…

2 July 2009 Update to Meat Hygiene Directives The following meat hygiene directives are now available in HTML and PDF versions at: http://www.inspection.gc.ca/english/fssa/meavia/man/direct/directe.shtml. MHD 2009-29 Chapter 11 - Section 11.7.3 - Mongolia The PDF version of directives should be used…

2 July 2009 NAFTA Trade Plunge Accelerated in April The following is excerpted from the 1 July 2009 edition of "The Journal of Commerce". The surface transportation trade between the United States and its North American Free Trade Agreement partners Canada and Mexico declined 33.1 percent in April…