Trade News

3 November 2008 WTO meets on trade finance This article is excerpted from the 3 November 2008 edition of “The Journal of Commerce”. The World Trade Organization will bring together senior executives of leading global banks on Nov. 12 to discuss new ways to finance global trade of goods and services…

3 November 2008 NAFTA update possible with right approach, Mexican official says This article is excerpted from the 3 November 2008 edition of “American Shipper”. Mexico is open to collaborating with Canada and the United States to improve the North American Free Trade Agreement, but any attempt to…

3 November 2008 CBP makes late push for "10+2," rejects pilot concept This article is excerpted from the 3 November 2008 edition of “American Shipper”. U.S. Customs and Border Protection officials believe they still have a narrow window to release a rule requiring advance international shipment data…

3 November 2008 Lame Duck Summit This article is excerpted from the 3 November 2008 edition of “The New York Times”. President Bush will be the lamest of ducks by Nov. 15, when leaders of 20 nations meet in Washington to discuss the global financial crisis. With only two months left in office, he…

31 October 2008 Correction Period for October Softwood Lumber Permits Members are advised that the correction period for October 2008 Softwood Lumber permits ends Monday, 10 November 2008 at 18:00 EST. We remind you of the importance of submitting correct information on permits as this is imperative…

31 October 2008 CFIA Network Maintenance, November 9 Due to network upgrades and maintenance, the CFIA wide area network will be intermittently available on Sunday, 9 November 2008 between 02:00 - 08:00 EST. This will affect access to all CFIA systems and Internet services.

30 October 2008 Update to CFIA AIRS website a) Chapter 03 was published to add a new end use to the following HS code for all countries. 03.06.24.8915.01 Crabs - Live New end use : Resale as pet animal - Code 85 b) Chapter 05 was published to add a new OGD to the following HS codes for all countries…

31 October 2008 Update to CFIA AIRS website (2) Chapter 07 was published to add a new OGD extension. NO VERSION CHANGE 07.14.90.0006.06 - Yam (tuber) (frozen)

31 October 2008 Economy shrinks 0.3 per cent The following was reported on in the 31 October 2008 edition of “globeandmail.com”. Canada's economy shrank 0.3 per cent in August, hit by declining activity in wholesale trade, manufacturing and the energy sector, Statistics Canada says. Economists had…

31 October 2008 U.S. tariffs ordered returned to Canadian Wheat Board The following is excerpted from the 30 October 2008 edition of “globeandmail.com”. The Canadian Wheat Board has scored another court victory that it says sets an important precedent for anyone exporting south of the border. The U…

31 October 2008 "10+2" rule faces obstacles, call for interim prototype The following is excerpted from the 30 October 2008 edition of “American Shipper”. The likelihood is increasing that the government's "10+2" proposal requiring advance ocean shipment data for security screening will not see the…

31 October 2008 Strategy Will Guide CBP's Efforts to Facilitate Trade The following is excerpted from the 30 October 2008 news release on CBP. U.S. Customs and Border Protection Commissioner W. Ralph Basham today announced the publication of the CBP Trade Strategy at the annual CBP Trade Symposium…

30 October 2008 D2-6-7, Persons' Goods/Currency and Monetary Instruments Detained at the Canada Border Services Agency or Abandoned to the Crown – Use of Form K24, Non-monetary General Receipt This memorandum outlines the policies and procedures relating to persons’ goods/currency and monetary…

30 October 2008 D5-1-1, Canada Border Services Agency International Mail Processing System This memorandum outlines and explains the legislation authorizing the examination of international mail and the obligations of the importing public to pay the duties and taxes owing. It also provides an…

30 October 2008 D5-2-2, International Mail Destined for Canadian Forces Post Offices This memorandum outlines and explains the movement and processing of international mail destined for Canadian Forces post offices (CFPOs). Revisions This memorandum has been updated to reflect Canada Border Services…

30 October 2008 CBSA Message: Maintenance Outage and Time Change The following message is from CBSA (EDI08-086). On Saturday, November 1, 2008 there will be an outage between 12:00am and 1:30am AND between 5:00am and 6:30am (Eastern Time). During that time period we will be unable to process data…

30 October 2008 Loonie soars as U.S. dollar falls The following was reported on the 30 October 2008 edition of “globeandmail.com”. The Canadian dollar continued its trek skywards in overseas trading Thursday. The loonie was trading overseas at 83.86 cents (U.S.), up more than two full cents from…

30 October 2008 Weathering the Weather The following article was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Looking out the window isn’t much fun these days. It’s mighty stormy in the global economy, and every day seems a bit wilder. Getting a read on…

30 October 2008 GST/HST filing: quick and easy The following is a tax tip from CRA. Did you know that you can file your goods and services tax/harmonized sales tax (GST/HST) return electronically from your home or office? Eligible registrants can use the access code from their personalized return to…