Trade News

20 May 2009 Canada to match U.S. car fuel rules The following article is extracted from the 19 May 2009 edition of “globeandmail.com”. Canada will match tough new U.S. vehicle emission standards that President Barack Obama said Tuesday will force the auto industry to develop more fuel-efficient cars…

20 May 2009 Bank of Canada breaks from the pack This article is excerpted from the 20 May 2009 edition of “globeandmail.com”. Bank of Canada Governor Mark Carney's options were quickly running out. The economy was still in deep decline, interest rates were already at their lowest ever and he couldn…

20 May 2009 Inflation hits 15-year low The following is excerpted from today's edition of “The Star”. Ontario, Alberta and Saskatchewan led the country in falling consumer prices as Canada's annual inflation rate fell to its lowest level in almost 15 years, dropping to 0.4 per cent in April…

20 May 2009 Leading economic indicators reverse decline The following is excerpted from today's edition of “The Star”. The rate of decline in the leading indicators' five-month average slowed to 1.1 per cent in April from 1.5 per cent in March. Statistics Canada reports both financial components…

20 May 2009 Lawmakers Propose “Last Mile” Funding This article is excerpted from the 19 May 2009 edition of “The Journal of Commerce”. New House legislation would more than triple the Harbor Maintenance Tax to create a fund to enhance goods movement within 40 miles of a U.S. port. The National Goods…

20 May 2009 Obama Nominates Utah Governor to be Ambassador to China This article is excerpted from the 20 May 2009 edition of “WorldTrade\Interactive”. President Obama announced May 16 that he will nominate Jon Huntsman, the Republican governor of Utah, to be ambassador to China. “This…

20 May 2009 World Trade Volume Falls 11.3 Percent The following is excerpted from today's edition of “The Journal of Commerce”. World trade volume during the first quarter of 2009 fell 11.3 percent below the fourth quarter of 2008, according to an independent research institute. CPB Netherlands…

19 May 2009 Ottawa lags in trade row The following is excerpted from the 18 May 2009 edition of “The Star”. While the "Buy America" clauses in the U.S. stimulus package are beginning to take effect and freeze Canadian companies out of infrastructure projects south of the border, our national leaders…

19 May 2009 Product Inspection of Imported Fish Members are advised the "Product Inspection of Imported Fish" has been updated and is available on the CFIA website at: http://www.inspection.gc.ca/english/fssa/fispoi/import/pol/procprode.sh…. Section 5 was added to version 2.

19 May 2009 Environmental Assessment of Canada-Tunisia / Canada-Bahrain FIPA Canada-Tunisia Foreign Investment Promotion and Protection Agreement (FIPA) This report outlines the results of the Initial Environmental Assessment (EA) of the Canada-Tunisia FIPA negotiations: http://www.international.gc…

19 May 2009 Release Requests Received, April 2009 The release requests received report for April 2009 is available on the CSCB website at: http://cscb.ca/listinfo/ReleaseRequestsReceived_Apr09.xls.

19 May 2009 Update to CFIA AIRS website Chapter 30 was published to add a new OGD extension. 30.02.90.0190 Human blood This addition created a change of version to the following HS codes. 30.01.20.1674.03 Extracts of glands or organs or secretions. - Human origin. 30.01.90.1673.09 Dried glands and…

19 May 2009 No credit-card fee relief in sight The following is extracted from the 16 May 2009 edition of “The Star”. Canadians have a love-hate relationship with our banks. We love that they've remained financially strong during an historic global credit storm, earning worldwide praise and ensuring…

19 May 2009 CAW seeking limit on imports The following is extracted from today's edition of “The Star”. The Canadian Auto Workers union says Ottawa must make sure General Motors of Canada doesn't import any more vehicles from offshore countries if the government wants to protect jobs here and assure…

19 May 2009 Minister Jean Pierre Blackburn makes changes to the Agency's call centres The following is excerpted from today’s news release by Canada Revenue Agency. The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food), today announced…

19 May 2009 Recession a Window of Opportunity for India The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. In the economic heyday of the past few years, India was a paragon of prosperity in the new era of globalisation. India’s long-term…

19 May 2009 Will China Still Bankroll Us? The following is excerpted from the 13 May 2009 edition of “The New York Times”. … In the five months since Barack Obama introduced him as the next Treasury secretary, Geithner has already run through what seems to be a career’s worth of images: the…

19 May 2009 Senate Bill Seeks Remedy for Taxes on Exports The following is extracted from the 15 May 2009 edition of “The Journal of Commerce”. U.S. Senator Lindsey Graham, R-S.C., introduced legislation Thursday that would require the United States Trade Representative to negotiate a remedy for the…

19 May 2009 Washington walks fine line with free trade The following is excerpted from today's edition of “globeandmail.com”. The Obama administration is vowing to be a much tougher global cop on trade as it battles mounting economic insecurities and protectionist sentiment at home. U.S. Trade…

19 May 2009 Setting Priorities at DHS The following is excerpted from the 17 May 2009 edition of Susan Kohn Ross’s “Roundtable” blog in “The Journal of Commerce”. From the outset, Secretary Napolitano has stated the priorities of Homeland Security are: 1) Law enforcement 2) Disaster recovery 3)…