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Trade News

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You may search all CSCB articles here. Please note, articles with a dark blue background and the MEMBERS ONLY indicator are accessible only to logged-in employees of corporate member firms. Please click on the title link to access the article.

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Expectations lowered ahead of G20 summit

30 March 2009 Expectations lowered ahead of G20 summit This article is excerpted from the 30 March 2009 edition of the “Toronto Star”. Britain, which once portrayed the London summit as a chance to save the global economy, is dampening expectations and papering over divisions among the G20 nations…

Mexican Truck Legislation Due in April

30 March 2009 Mexican Truck Legislation Due in April This article is excerpted from the 30 March 2009 edition of “The Journal of Commerce”. The [US] Department of Transportation should have legislation drafted to allow Mexican trucks to operate in the United States by the time President Obama visits…

A.T. Kearney Forecasts Chinese Surplus to Drop

30 March 2009 A.T. Kearney Forecasts Chinese Surplus to Drop This article is excerpted from the 26 March 2009 edition of “The Journal of Commerce”. China's trade surplus will continue to decline despite the Chinese government's various initiatives to bolster its exports, the chairman of global…

Tariff Update, Zipped MS Access File

27 March 2009 Tariff Update, Zipped MS Access File We have been advised by CBSA that the revised tariff schedule pertaining to January 2009 Budget is now available in MS Access. Please note, these changes come into effect on Wednesday, April 1, 2009. The zipped MS Access file is available on our…
MEMBERS ONLY

Industry Cash Compensation and Benefits Survey

27 March 2009 Industry Cash Compensation and Benefits Survey As one of our many service offerings to members, the CSCB periodically sponsors a cash compensation and benefits survey of our corporate member firms. In 2008, we engaged Morneau Sobeco, one of Canada’s largest consulting firms specializing in pay and compensation issues, to collect and analyse our industry's data.

Update to CFIA AIRS website

27 March 2009 Update to CFIA AIRS website Chapter 30 was published to add a new OGD extension. NO REQUIREMENT VERSION CHANGE 30.02.90.0189 - Microorganisms - Non plant pathogenic nematodes

EDI Shipments Requiring Multiple Drops...

27 March 2009 EDI Shipments Requiring Multiple Drops - List of Delivery Address Needed The following message is from Import Systems Unit, CFIA. This is a reminder that ALL EDI shipments requiring multiple delivery drops must indicate the full delivery address for each drop location. If there is not…

2009 Ontario Budget Highlights

27 March 2009 2009 Ontario Budget Highlights Yesterday, Ontario Finance Minister Dwight Duncan delivered the province’s 2009 budget. The budget anticipates a deficit of $3.9 billion in 2008-09 and $14.1 billion in 2009-10. As expected, this budget proposes to harmonize Ontario’s provincial sales tax…

Ottawa ready to revise budget forecasts: Harper

27 March 2009 Ottawa ready to revise budget forecasts: Harper The following is excerpted from March 26th edition of "Financial Post". Due to the rapidly changing economy, Prime Minister Stephen Harper said Thursday his government will consider revising the economic forecasts and plans that were in…

Ottawa plans reform of financial oversight

27 March 2009 Ottawa plans reform of financial oversight The following is excerpted from today's edition of "globeandmail.com". The Harper government is planning a broad overhaul of Canada's system of financial oversight, the centrepiece of which would be the creation of a high-powered committee to…

U.S. unveils plan to fix 'unstable' financial...

27 March 2009 U.S. unveils plan to fix 'unstable' financial system The following is excerpted from today's edition of "Toronto Star". The Obama administration yesterday unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds…

How to Ensure Credit During the Financial Crisis?

27 March 2009 Trade Finance: How to Ensure Credit During the Financial Crisis? The following news release was issued by the World Trade Organization. One of the side effects of the current financial crisis is its impact on trade finance. This very secure form of credit has become more expensive or…

WCO engages G20 on the Global Financial Crisis

27 March 2009 WCO engages G20 on the Global Financial Crisis The World Customs Organization has issued a Communication on the Global Financial Crisis to the G20 in advance of its meeting on 2 April 2009 in London. In recognizing that fiscal policy, monetary policy and the regulation of financial…

CBP: Implementation of Lacey Act Declaration

27 March 2009 CBP: Implementation of Lacey Act Declaration The Lacey Act as amended makes it unlawful to import, export, transport, sell, receive, acquire, or purchase in interstate or foreign commerce any plant, with some limited exceptions, taken or traded in violation of the laws of the United…

Obama's message: Glory days of open border are ..

26 March 2009 Obama's message: Glory days of open border are gone The following is excerpted from today's edition of "globeandmail.com". Janet Napolitano has a message for Canadians: It's a border. Get used to it. The new Homeland Security Secretary had only stern comments yesterday about the state…

Legislation to Implement Colombia and Peru FTAs

26 March 2009 Minister Day Introduces Legislation to Implement Colombia and Peru Free Trade Agreements 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, today announced that…
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Border Study - Questionnaire

26 March 2009 Border Study - Questionnaire CSCB President, Carol West was contacted a couple of months ago and asked to participate in a border study sponsored by the Canadian Embassy in Washington, D.C. This study is focused on the costs associated with Canadian and U.S. border and trade related compliance. Further to that request, an interview was conducted in Ottawa.

Update to CFIA AIRS website

26 March 2009 Update to CFIA AIRS website a) Chapter 15 was published to streamline the requirements for the following HS Codes. 15.18.00.1422 - Vegetable fats and oils and their fractions 15.22.00.1442 - Degras or residues from vegetable fats or waxes This generated a requirement version change for…