Trade News

8 October 2008 Certain stainless steel wire Notice of Conclusion of Re-investigation This notice advises that, on October 8, 2008, the Canada Border Services Agency (CBSA) concluded its re-investigation of the normal values and export prices of certain stainless steel wire originating in or exported…

8 October 2008 Major central banks slash rates in extraordinary move to ease crisis The following is excerpted from the 8 October 2008 edition of “globeandmail.com”. Major central banks took the extraordinary step of deeply cutting interest rates in an emergency co-ordinated move Wednesday, a…

8 October 2008 Fed trolls Canada to rescue U.S. banks The following is excerpted from the 7 October 2008 edition of the “Financial Post”. In a desperate bid to help U.S. banks recapitalize, Washington is dropping its inhibitions and reaching out to Canadian financial institutions to gauge their…

8 October 2008 International supply chain management experts meet in Alberta The following was reported on in the 7 October 2008 edition of the “Canadian Transportation & Logistics”. Supply chain management (SCM) experts from 13 countries will be attending the Sixth Annual International Symposium in…

8 October 2008 Statement by the Minister of Finance on the Upcoming G7 Meeting The following was released by Finance Canada on 8 October 2008. The Honourable Jim Flaherty, Minister of Finance, today issued the following statement: "Yesterday the Prime Minister and I met to discuss international co…

8 October 2008 Changes in manifest filings coming Jan. 1 in China The following is excerpted from the 8 October 2008 edtion of “American Shipper”. Chinese Customs is making changes to advanced manifest requirements beginning Jan. 1, changes that will require shippers and carriers to file manifests a…

7 October 2008 New Import Requirements for Food Products from China Containing Milk or Milk-derived Ingredients The Canadian Food Inspection Agency (CFIA) is advising all importers of food products from China containing milk or milk-derived ingredients that the Agency will require documentation…

7 October 2008 D1-7-1, Posting security for transacting bonded operations This memorandum outlines and explains general policies and procedures relating to the posting of security for participating in Canada Border Services Agency (CBSA) bonded transactions. A request to participate in a bondable…

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

7 October 2008 CP Message: Winnipeg, Edmonton Facility Hours Members are advised of the following changes to operating hours at our Winnipeg and Edmonton terminals: Effective October 25, 2008 - Winnipeg Intermodal Facility gates will be closed to all truck traffic from 15:30pm to 23:59pm on…

7 October 2008 EICS: Thanksgiving Holiday Monday 13 October is a civic holiday, and the Bureau's offices will be closed (no officers or Help Desk staff will be available). The EICS system will be available during normal hours. The Help Desk email will be monitored between 08:00 - 16:00 (EST) for…

7 October 2008 Update to CFIA AIRS website Chapters 04, 12, 17, 18, 19, 21 and 22 were published to change the release recommendation from "Approved" to "Refer to CFIA-ISC" for the following HS codes for Afghanistan, Bangladesh, Brunei Darussalam, Cambodia, Hong Kong, Indonesia, Korea (Democratic…

7 October 2008 Ontario could slide into deficit, Duncan says The following article is excerpted from the 7 October 2008 edition of the “Toronto Star”. Ontarians should brace themselves for a provincial budget deficit because of the global finance crisis, warns Finance Minister Dwight Duncan. In his…

7 October 2008 Economic experts at ATA deliver dire warnings and some glimmers of hope The following article is excerpted from the 6 October 2008 edition of “Canadian Transportation & Logistics”. US trucking executives attending the American Trucking Associations' popular All Eyes on the Economy…

7 October 2008 Statement by the Minister of Finance on the Unfolding Global Market Turmoil The following is excerpted from a news release issued by the Honourable Jim Flaherty, Minister of Finance, on 6 October 2008. "Tumultuous shocks to the global credit system, beginning in the United States and…

7 October 2008 Financial Crises Spread in Europe This article is excerpted from the 7 October 2008 edition of “The New York Times”. European nations scrambled on Sunday night to prevent a growing credit crisis from bringing down major banks and alarming savers as troubles in financial markets spread…

7 October 2008 Ocean lines likely to trim capacity after slack season This article is excerpted from the 6 October 2008 edition of “The Journal of Commerce”. Shipping lines are reducing their capacity in the trans-Pacific trade by about 15 percent during the slack season, but don’t expect the…

7 October 2008 Delayed Enforcement of Mandatory AES Filing Requirement The following article is excerpted from the 6 October 2008 edition of “WorldTrade Interactive”. According to sources, enforcement of the requirement for export data to be filed through the Automated Export System is being delayed…

7 October 2008 'A lengthy recession' This article is excerpted from the 6 October 2008 edition of “globeandmail.com”. Global leaders faced stark divisions over how to tackle the spiralling financial crisis yesterday as their governments tried to come to grips with another worldwide stock market…

7 October 2008 [US] Fed to buy up commercial paper This article is excerpted from the 7 October 2008 edition of “globeandmail.com”. The [US] Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is…