Trade News

16 October 2008 Mengniu Strawberry Flavour Sour Milk Beverage May Contain Melamine The following notice is excerpted from the 15 October 2008 news release by CFIA. The Canadian Food Inspection Agency (CFIA) and Haofine International Trading Inc. are warning the public not to consume the Mengniu…

16 October 2008 Update to CFIA AIRS website Chapter 06 was published to modify the requirements for the following HS codes for the Continental United States: 06.02.10.0009.18 Grape - Unrooted plants (Other Vitis spp. than Vitis vinifera). 06.02.1000.09.69 Grape - Unrooted plants. (Vitis vinifera) 06…

16 October 2008 New Vehicle Platforms Buffer Hard Times The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. In any economic slowdown, big-ticket purchases are the first target of penny-pinching consumers. Auto producers know this well, and are…

16 October 2008 PM Gives Update on Economic Action Plan The following was reported by the PMO on 16 October 2008. Prime Minister Stephen Harper today reiterated that protecting the Canadian economy is his top priority, and detailed further action being taken by the Government in response to the…

16 October 2008 Merchandise imports see largest drop in nearly 17 years: StatsCan The following was reported on in the 16 October 2008 edition of “Canadian Transportation & Logistics”. Canada's merchandise imports declined 5.8% to $37.3 billion in August, the first decrease since March 2008, due to…

15 October 2008 Register now for the CSCB national conference! Register now for the CSCB national conference next week in Vancouver! You’ll have a chance to learn and express views about: - CBSA’s Business Simplification Initiative - ACI and eManifest - Compliance and AMPS … and to hear from our…

15 October 2008 Mutual, pension funds to get backstop The following article is excerpted from the 14 October 2008 edition of “globeandmail.com”. The Bank of Canada is planning a safety net for money market mutual funds and the Finance Department is moving toward guaranteeing loans between banks as…

15 October 2008 Seaway strike averted The following article is excerpted from the 14 October 2008 edition of “The Journal of Commerce”. A strike that threatened to shut down the St. Lawrence Seaway to international traffic has been averted after 445 employees of the Canadian part of the system…

15 October 2008 Stocks stagger lower on fear of U.S. recession The following article is excerpted from the 15 October 2008 edition of “globeandmail.com”. North American stock markets traded lower Wednesday, as weak retail sales data in the United States reminded investors that the world's biggest…

15 October 2008 Stocks stagger lower on fear of U.S. recession The following article is excerpted from the 15 October 2008 edition of “globeandmail.com”. North American stock markets traded lower Wednesday, as weak retail sales data in the United States reminded investors that the world's biggest…

15 October 2008 No recession for Canada: Conference Board The following article is extracted from the 15 October 2008 edition of “globeandmail.com”. Canada's economy faces some tough challenges as exports are further affected by a prolonged global slowdown and domestic demand weakens, the Conference…

15 October 2008 It's in China's own interest to extend a helping hand This article is excerpted from the 15 October 2008 edition of “globeandmail.com”. As the world confronts its gravest financial crisis since the 1930s, attention is turning to China, whose rapidly growing economy now holds $1.81…

15 October 2008 Bleak Numbers Stoke Fears of Recession in Europe This article is extracted from the 15 October 2008 edition of “The New York Times”. If there is a bright spot amid the chaos in the financial markets, it is that it helps to settle a debate among economists about the outlook for the…

15 October 2008 Tougher credit terms likely for maritime operations This article is excerpted from the 14 October 2008 edition of “The Journal of Commerce”. Ocean Intelligence, a maritime credit risk assessment group, says the worldwide credit crunch likely will make operational credit terms tougher…

15 October 2008 Chertoff stands ground on 100% scanning This article is excerpted from the 15 October 2008 edition of “American Shipper”. U.S. Homeland Secretary Michael Chertoff remains unapologetic about his department's targeted approach towards implementing a mandate for overseas scanning of all…

15 October 2008 Economic crisis could help re-start Doha trade talks This article is excerpted from the 15 October 2008 edition of “The Journal of Commerce”. British Prime Minister Gordon Brown today called on leaders to use the global economic crisis as an opportunity to reform the world’s…

14 October 2008 D17-1-2, Reporting and Accounting for Low Value Commercial Goods (Under CAN$1,600) Goods eligible for Release Under the Courier Imports Remission Order This memorandum outlines the documentation requirements for the cargo reporting, release, and accounting of commercial shipments…

14 October D1-4-1, CBSA Invoice Requirements; CI1 Revised This memorandum explains the CBSA invoice requirements for commercial goods imported into Canada. Revisions This memorandum is revised as a result of the Paper Burden Reduction Initiative, the revisions are aimed at eliminating obsolete and…

14 October 2008 Revised CBSA Froms The following CBSA forms have been revised: E571, Late Accounting Penalties Application for Waiver, Cancellation http://www.cbsa-asfc.gc.ca/publications/forms-formulaires/e571.pdf L55, Application for Customs Brokers Examination http://www.cbsa-asfc.gc.ca…

14 October 2008 CITT Public Interest Inquiry regarding Carbon Steel Welded Pipe, PB-2008-001 Commentary to the CITT from the Canadian Fence Industry Association and Protin Import Ltd regarding the public enquiry PB-2008-001 is available on the CITT website at: http://www.citt-tcce.gc.ca/doc/english…