Trade News

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 Wednesday's close…

30 October 2008 Analysis: Election imperils US free-trade agenda The following was reported on in the 29 October 2008 edition of “Journal of Commerce”. The future of the United States' free-trade agenda is in big trouble. Consider this train of thought: The global economy is in a tailspin, and…

30 October 2008 Bush Administration Pushes FTAs as Part of Potential Economic Stimulus Package The following is excerpted from the 30 October 2008 edition of “WorldTrade Interactive”. As congressional leaders move closer to holding a post-election session to address the faltering domestic economy…

30 October 2008 Customs mum on 10+2 The following is excerpted from the 30 October 2008 edition of “Journal of Commerce”. Senior officials at Customs and Border Protection now are declining to predict when the agency's new security filing rule, known as 10+2, will be published. The rule has been…

29 October 2008 Canadian Association of Technical Outerwear Manufacturers (Three-Layer Outerwear Fabric), No. TR-2007-005 REPORT TO THE MINISTER OF FINANCE On July 14, 1994, the Canadian International Trade Tribunal (the Tribunal) received terms of reference from the Minister of Finance (the…

29 October 2008 Standard Products Inc. vs CBSA, Appeal No. AP-2007-011 IN THE MATTER OF an appeal heard on May 29 and 30, 2008, under subsection 67(1) of the Customs Act, R.S.C. 1985 (2d Supp.), c. 1; AND IN THE MATTER OF decisions of the President of the Canada Border services Agency, dated May 17…

29 October 2008 CBSA Message: CIG Outbound Messages The following message is from CBSA (EDI08-084). We are currently experiencing problems with the Customs Internet Gateway connections. There is no outbound traffic for all CIG connections. Our IT are investigating. There is no ETA.

29 October 2008 CBSA Message: Update on CIG Outbound Messages The following message is from CBSA (Update EDI08-084). The problems with the Customs Internet Gateway connections are now resolved.

29 October 2008 PKI Maintenance, 7 - 9 November 2008 PKI Maintenance Schedule (EICS Web and EDI): The PKI Certificate Authority is scheduling system maintenance during the weekend 7 - 9 November 2008. The PKI Directory Service will be transferred to a back-up system on Friday, November 7th between…

29 October 2008 CN Message: Genset Schedule Changes - Montreal to VIT Effective Sunday, November 9, 2008, an additional Genset service will be added from Montreal to Vancouver Intermodal. The schedule is available on the CN website at: http://www.cn.ca/documents/Customer-Service/Genset_grid.pdf.

29 October 2008 Enroll in the Certified Customs Specialist Course before deadline! Members are reminded that the deadline for submission of applications for this year’s Certified Customs Specialist (CCS) course is Friday, 31 October 2008. Please ensure that we receive your application by that date…

29 October 2008 CFIA Production Database Backup, 1 November This is a reminder that a full database backup of the production database (PROD) is scheduled for Saturday, November 1, 2008. CFIA in-house systems will be unavailable from 3am to 7am EST. Please note that full database backups of the…

29 October 2008 IMF may need a rescue This article is excerpted from the 29 October 2008 edition of the “Toronto Star”. John Lipsky, first deputy managing director of the International Monetary Fund, told CNBC yesterday the rising need for aid from emerging nations hit by credit crisis may force it…

29 October 2008 [US] Consumers Feel the Next Crisis: Credit Cards This article is excerpted from the 29 October 2008 edition of “The New York Times”. First came the mortgage crisis. Now comes the credit card crisis. After years of flooding Americans with credit card offers and sky-high credit lines…

29 October 2008 [US] Product Safety Initiative to be Pilot Tested under Importer Self-Assessment Program This article is extracted from the 29 October 2008 edition of “WorldTrade Interactive”. Government efforts to ensure the safety of imported consumer goods continued to expand this week when U.S…

29 October 2008 [US] Electronic Certificates of Conformity Allowed for Imported Consumer Products This article is extracted from the 29 October 2008 edition of “WorldTrade Interactive”. The Consumer Product Safety Commission has indicated that importers and manufacturers can provide electronically…

29 October 2008 Information from the US Customs and Border Protection Trade Symposium The CBP Trade Symposium runs from today until Friday, October 31. The speakers’ presentations have been made available on the CBP website at: http://www.customs.gov/xp/cgov/trade/trade_outreach/symposium08/event…

28 October 2008 Weak loonie will save exporters: EDC The following article is excerpted from the 28 October 2008 edition of “globeandmail.com”. A weak Canadian dollar will prevent exporters from drowning in the global financial turmoil next year, albeit barely, a new forecast from Export Development…

28 October 2008 Update to Extension of the B2 pilot project Further to our message yesterday regarding the extension of the B2 pilot project, CBSA has advised that any B2s submitted in Winnipeg will be forwarded by CBSA to the GTA. Although the letter from CBSA gives an address in Toronto where B2s…