Trade News

22 December 2008 CBSA Message: Scheduled CIG Outage, 23 December The following message is from CBSA (EDI08-106). Please note that on Tuesday, December 23, 2008 at 1:00 am (Eastern Time), for maintenance purposes, there will be a 20-minute interruption in processing inbound and outbound data over the…

22 December 2008 Softwood Lumber Quota, January 2009 Softwood Lumber interim quota allocations for January 2009 are now available in EICS. Please be advised that the volume available currently represents 80% of the actual January allocation.

22 December 2008 Meat Hygiene Directives Revised The following meat hygiene directives have been revised and are now available on the CFIA website at: http://www.inspection.gc.ca/english/fssa/meavia/man/direct/directe.shtml. MHD 2008-46 Chapter 11- Section 11.7.3 – Ukraine http://www.inspection.gc…

22 December 2008 Clarification on PIH/TIH charges Further to the CP message sent on December 19 ( PIH/TIH: $1000 per car per day Demurrage on Inland Customs Holds – login required), the following clarifies the PIH/TIH charges. Currently and until January 31, 2009 a car loaded with PIH / TIH that is…

22 December 2008 CFIA Scheduled Outage, 3 January This is a reminder that a full database backup of the production database (PROD) is scheduled for Saturday, January 3, 2009. CFIA systems will be unavailable from 3am to 7am EST. Please note that full database backups of the production database (PROD…

22 December 2008 A Keynes insight into free markets This article is excerpted from the 21 December 2008 edition of the “Toronto Star”. "When the facts change, I change my mind," John Maynard Keynes once famously quipped. Perhaps that helps account for the resurrection of the long-dead British…

22 December 2008 Auto bailout had to happen This article is excerpted from the 22 December 2008 edition of the “Toronto Star”. It went against his ideological grain and public opinion (especially outside Ontario), but Prime Minister Stephen Harper really had no choice but to bail out General Motors…

22 December 2008 Employers, ILWU resume contract talks at Vancouver This article is extracted from the 19 December 2008 edition of “The Journal of Commerce”. Employers and foremen represented by the International Longshore and Warehouse Union returned to contract negotiations Friday in Vancouver…

22 December 2008 Consumer confidence lowest in a quarter century The following article is extracted from the 22 December 2008 edition of “globeandmail.com”. Consumer confidence has sunk for the third consecutive month, with Canadians fretting about the economy, their personal financial situations…

22 December 2008 Obama Names Former Dallas Mayor as U.S. Trade Representative This article is excerpted from the 22 December 2008 edition of ‘WorldTrade Interactive”. President-elect Barack Obama has selected former Dallas mayor Ron Kirk to be U.S. trade representative in his administration…

22 December 2008 Japan recession deepens, China cuts rates This article is excerpted from the 22 December 2008 edition of “globeandmail.com”. China cut its benchmark lending and deposit rates on Monday and Japan warned it was sliding deeper into a recession that is encroaching on the global economy…

19 December 2008 Aluminum Extrusions, NQ-2008-003; Determination on Classes of Goods On October 17, 2008, the Canadian International Trade Tribunal (the Tribunal) determined that there was evidence that disclosed a reasonable indication that the dumping and subsidizing of the subject goods had…

19 December 2008 Environmental Assessments of two FTAs The Government of Canada will undertake a Strategic Environmental Assessment (EA) of the negotiations for a Canada-Dominican Republic Free Trade Agreement (FTA). For details, please visit: http://www.international.gc.ca/consultations/active…

19 December 2008 Environmental Assessment Reports of two FTAs Canada-CARICOM Free Trade Agreement (FTA) Initial Environmental Assessment of the Canada-CARICOM FTA negotiations has been conducted. The report on the Initial Environmental Assessment is now released for a 60 day public consultation…

19 December 2008 PIH/TIH: $1000 per car per day Demurrage on Inland Customs Holds The following notice is from Canadian Pacific Railway. For cars loaded with a Poison Inhalation Hazard (PIH) or a Toxic Inhalation Hazard (TIH) that are put on Hold due to a Customs Issue that is attributable to the…

19 December 2008 Flaherty gives banks deadline to lend more The following is excerpted from the 19 December 2008 edition of “globeandmail.com”. Finance Minister Jim Flaherty delivered the banks a deadline of just a few weeks to get more loans out into the sagging economy, prompting the banks to…

19 December 2008 Flaherty picks team to help shape budget The following is excerpted from the 19 December 2008 edition of “globeandmail.com”. Finance Minister Jim Flaherty has reached out beyond his usual coterie of advisers to get help in crafting the crucial January budget that will spell out how…

19 December 2008 Harper says deficit could hit $30 billion The following is excerpted from the 19 December 2008 edition of “Toronto Star”. Prime Minister Stephen Harper plans a major stimulus package to rescue the economy that will drive the federal budget deficit to between $20 billion and $30…

19 December 2008 Canadian aid could reach more than $4-billion The following is excerpted from the 19 December 2008 edition of “globeandmail”. Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty will unveil details Saturday of an auto aid package expected to reach into the billions of…

19 December 2008 Too Big to Fail? The following article was written by Mr. Michael Burt, Associate Director, Industrial Outlook, Trade & Investment, Conference Board of Canada. There is certainly one business activity that has been spurred as a result of the global financial crisis and resultant…