Trade News

15 September 2008 Asian, European stock markets shudder This article is excerpted from the 15 September 2008 edition of the “Toronto Star”. Asian and European stock markets were down sharply Monday amid growing alarm over the world's financial system after a seismic shake-up on Wall Street, with…

15 September 2008 Possible Contamination of Infant Formula Manufactured in China This article is excerpted from the 15 September 2008 edition of “WorldTrade Interactive”. The [US] Food and Drug Administration issued a health information advisory Sept. 12 in response to reports that milk-based infant…

15 September 2008 Guidelines Provide Insight on Duty-Free Apparel Import Policy This article is excerpted from the 15 September 2008 edition of “WorldTrade Interactive”. The [US] Department of Commerce has issued a notice outlining the procedures for using a new program that allows duty-free imports…

15 September 2008 A fundamental gap in C-TPAT This article is written by James Giermanski, chairman of Powers International Inc. and director of the Center for Global Commerce at Belmont Abbey College. It appeared in the 12 September 2008 edition of “The Journal of Commerce”. Customs and Border…

15 September 2008 Wall Street shaken by Lehman failure, Merrill sale This article is excerpted from the 15 September 2008 edition of “globeandmail.com”. Global markets plummeted on Monday after investment bank Lehman Brothers Holdings Inc. filed for bankruptcy protection, rival Merrill Lynch agreed…

15 September 2008 China appeals car-parts ruling This article is excerpted from the 15 September 2008 edition of “The Journal of Commerce”. China appealed a World Trade Organization ruling that its tariffs for imports of auto parts violates global rules. The Geneva-based trade body ruled on July 18…

12 September 2008 CFIA Import Requirements on Pomegranate Juice The following notice is from CFIA. On August 1st, 2007, the Canadian Food Inspection Agency (CFIA) sent a Communiqué to inform all customs brokers and importer’s associations of the amended import requirements on Pomegranate Juice from…

12 September 2008 CN Message: Tariff 6800, Unfit Equipment The following message is from CN Intermodal. To ensure the continued safety of our employees, our customers, and of the communities along our network, CN reserves the right to refuse containers or intermodal equipment deemed unfit for…

12 September 2008 Centralization of Toronto Customs Transactions The following message is from Canadian Pacific. In the ongoing effort to improve Canadian Pacific’s Intermodal Operations service, we will be adding the Toronto Customs desk to the International COG desk. International COG will now…

12 September 2008 CN Message: Update to Tariff 6800, Unfit Equipment The following message is from CN Intermodal. RE: Tariff 6800 – Item 1000, point O. Further to the notice sent earlier today, CN wishes to clarify that the 15 years age restriction does not apply to marine containers.

12 September 2008 Amended Chapters, Tariff Amendment (T2008-5) TN-35 Further to our message from 10 September ( Tariff Amendment (T2008-5) TN-35, login required), the amended chapters concerning Amendment Package T2008-5 are now available on the CBSA website at: http://www.cbsa.gc.ca/trade-commerce…

12 September 2008 [US] Trade deficit swells The following is excerpted from the 11 September 2008 edition of the “Journal Of Commerce”. The U.S. trade deficit grew more than expected in July as average oil prices jumped and crude imports reached a four-year high, the Commerce Department reported on…

11 September 2008 Modernized PIP program The following notice is from the CBSA PIP team. As you know, the modernized PIP program was successfully launched on June 30th, 2008, following the signing of a mutual recognition arrangement between the PIP and C-TPAT programs. All legacy members must submit…

11 September 2008 ENDS TODAY, Correction Period for August Softwood Lumber Permits Members are advised that the correction period for August 2008 Softwood Lumber permits ends TODAY Thursday 11 Sept 2008, at 18:00 EST. Members are reminded of the importance of submitting correct information on…

11 September 2008 1068827 Ontario Inc. O/A Grace Motors vs. CRA IN THE MATTER OF an appeal heard on July 3, 2008, under section 81.19 of the Excise Tax Act, R.S.C. 1985, c. E-15; AND IN THE MATTER OF a decision of the Minister of National Revenue, dated October 25, 2007, with regard to a notice of…

11 September 2008 CBSA Message: Scheduled Maintenance Outage The following message is from CBSA (EDI08-076). EDI Mailbox outage: Please be advised that due to scheduled maintenance, the mailboxes between ACROSS and CCS/CADEX will be down on Saturday, September 13th, 2008 from 5:00 am to 5:30 am…

11 September 2008 Update to CFIA AIRS website A) Chapter 01 was published to change the release recommendation from "Refuse entry" to "Refer to CFIA - veterinary inspection" for the following HS code for the USA for all end uses. 01.06.19.2061 Cervidae B) Chapter 01 was published to change the…

11 September 2008 Canada ranks 8th in ease of doing business The following is excerpted from the 10 September 2008 edition of "globeandmail.com". The World Bank ranked Singapore as the easiest country to do business, followed by New Zealand and the U.S. for the third year in a row. The top eight…

11 September 2008 Sharing Brazil’s Success The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. No discussion of the world’s potential economic powerhouses is complete without mention of Brazil. Recent exciting changes are enabling Brazil to…

10 September 2008 D20-1-1, Export Reporting This memorandum outlines and explains the policy and procedures respecting the report of goods exported from Canada by an exporter. Air, highway, marine and rail carriers should refer to D3-1-8, Cargo – Export Movements for the policy and procedures…