Trade News

16 April 2009 A Simple, Modern and Efficient Value-Added Tax System in Canada—Column by the Minister of Finance The following text by Jim Flaherty, Minister of Finance, was submitted to Montréal's La Presse and The Gazette newspapers for inclusion in their April 15 editions. "You have likely read a…

16 April 2009 Stockwell Day toughens Canadian stance on meat dispute The following is excerpted from today's "Financial Post". International Trade Minister Stockwell Day suggested Thursday Canada's patience with Washington is running thin over a U.S. meat-labelling law that is "dissuading" the…

16 April 2009 Clues from the US Leading Indicator The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. 'Up' has crept back into US economy-talk in recent days. A quick rally in equity markets, modest commodity-price gains and what seems like a…

16 April 2009 President Nominates Three More Trade Officials The following was reported on in today's ST&R "WorldTrade Interactive". President Obama announced April 14 that he is nominating the following three individuals to trade-related posts in his administration. Frank J. Sánchez has been named…

16 April 2009 Survey: Protectionism worries on the rise The following is excerpted from 15 April edition of "American Shipper". A new survey of manufacturers’ supply chain managers finds 84 percent concerned that growing protectionism could sink the world into a global depression, while three…

15 April 2009 Customs Self Assessment Program and Eligibility of Goods from Mexico The CSCB has learned that, effective immediately, the Customs Self Assessment (CSA) program will expand to include all eligible goods coming from Mexico going to all industry sectors. A Customs Notice will be issued…

15 April 2009 SME Newsflash The CBSA has provided an update, entitled “SME Newsflash”, to new programs, services and requirements relevant to importers and exporters. This collation is found on the CBSA web site, at: http://www.cbsa-asfc.gc.ca/sme-pme/newsletter-bulletin-eng.html

15 April 2009 Minister Day Launches new Trade Offices in China The following news release was issued by International Trade Canada on 14 April 2009. The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, today launched new Canadian trade offices in…

15 April 2009 Minutes of GTA Commerical Meeting, February 2009 Now Available Minutes of the 20 February 2009 commercial meeting between CSCB and CBSA in the GTA are available on the CSCB web site, at: http://www.cscb.ca/m00/m02/docs/rgto_min_20090220.pdf The CSCB is following up with CBSA…

15 April 2009 Update - Exchanges rates April 14, 2009 Message EDI09-028 The exchange rates for April 14th, 2009 were erroneously changed. As indicated in message EDI09-027, dated April 6, 2009, the rates of exchange appearing on the report generated on the morning of Friday April 10 should have…

15 April 2009 Trade Compliance Verification Presentation from CBSA The Trade Compliance Verification presentation made by the CBSA at the CSCB Toronto Region general meeting on 26 March 2009 is available to members at: http://www.cscb.ca/listinfo/cbsatradecomplianceverification.ppt The CSCB is…

15 April 2009 Customs Notice CN09-004, Expansion of Customs Self Assessment (CSA) to Mexico 1. Please be advised that the Customs Self Assessment (CSA) is amending the definition of eligible goods to include commercial goods that have been shipped directly from the United States or Mexico, and there…

15 April 2009 Update to CFIA AIRS Web Site a) Chapter 06 was published to add the requirements for Oriental Fruit Moth (Grapholita molesta) for the following HS codes for the States of Minnesota and Montana. NO VERSION CHANGE. 06.02.10.0009.01 Apple - Unrooted plants. (Malus spp. ), (Malus pumila)…

15 April 2009 Return of the flinty-eyed banker The following article is excerpted from the 15 April 2009 edition of “globeandmail.com”. If Professor Ian Lee of Carleton University is right, the financial tsunami that has engulfed the world will mean, in many respects, a return to 1970s-style banking…

15 April 2009 Schneider Logistics gives state of the industry overview The following article is excerpted from the 14 April 2009 edition of “Canadian Transportation & Logistics”. Flat truckload rates, 1-3% rate increases for LTL carriers, increased trucking bankruptcies and declining truck sales are…

15 April 2009 Economists see signposts of recovery This article is excerpted from the 14 April 2009 edition of “globeandmail.com”. The prevailing economic news is still overwhelmingly dismal. But, as United States Federal Reserve Board Chairman Ben Bernanke noted Tuesday, at least things do not…

15 April 2009 Travel Advisory for Ports of Entry in Red River Valley Corridor The following advisory was provided by US Customs on 14 April 2009. U.S. Customs and Border Protection is advising the traveling public that numerous roads and highways have been closed due to flooding in the Red River…

15 April 2009 Supply Chain Managers Fear Protectionism This article is extracted from the 15 April 2009 edition of “The Journal of Commerce”. Supply chain managers in North America, Europe and Asia by a wide margin worry that increasing trade protectionism could push the global recession into a…

15 April 2009 Compliance to New International Trade Rules This article is excerpted from the 15 April 2009 edition of “WorldTrade\Interactive”. After the historic presidential and congressional elections last fall it was obvious that U.S. trade policy would change. The question then was how it would…

15 April 2009 US Customs Travel Advisory: Sweetgrass Port Modernization Temporarily Reduces Lanes The following notice was posted by US Customs on 15 April 2009. U.S. Customs and Border Protection is announcing the upgrade of vehicle lanes at the Sweetgrass port of entry crossings this week. The…