Trade News

14 July 2008 CN cuts Halifax port trains The following article is from the 14 July 2008 edition of “The Journal of Commerce”. Canadian National Railway has reduced the number of daily trains serving the Port of Halifax from two to one due to weaker container traffic at the port…. The eastern Canada…

14 July 2008 Exports outpace imports as US trade deficit shrinks This article is excerpted from the 11 July 2008 edition of “The Journal of Commerce”. The United States narrowed its trade deficit by 1.2 percent in May to $59.8 billion, compared with a revised figure of $60.5 billion in April, the…

14 July 2008 U.S. container imports slowly climbing This article is excerpted from the 11 July 2008 edition of “American Shipper”. Container imports at the main U.S. ports are slowly climbing but are expected to remain below last year’s levels for most of 2008, according to the latest monthly Port…

14 July 2008 Trade Groups, Lawmakers Moving to Influence Trade Policy in 2009 This article is extracted from the 14 July 2008 edition of “World\Trade Interactive”. Although the window for congressional action on trade this year is rapidly closing ahead of this fall’s election campaigns, trade groups…

11 July 2008 Government of Canada extends border services at Moncton, Fredericton and Charlottetown airports The following is excerpted from the news release issued by Public Safety Canada on 11 July 2008. The Minister of Public Safety, the Honourable Stockwell Day, today announced that effective…

11 July 2008 Determination of the Safety of Monsanto Canada Inc.'s Corn (Zea mays L.) Event MON 89034 This Decision Document has been prepared to explain the regulatory decision reached under Directive 94-08 (Dir94-08), entitled "Assessment Criteria for Determining Environmental Safety of Plants…

11 July 2008 CITT Appeals Decisions Pending The latest list of CITT Decisions Pending is available on the CITT website at: http://www.citt-tcce.gc.ca/appeals/pending/index_e.asp.

11 July 2008 Container Testing and Ventilation The following message is from CBSA. We understand there has been a subsequent message issued. We are following up with CBSA to obtain that message. The purpose of this message is to outline the situation of fumigant / solvent testing of marine…

11 July 2008 CBSA Message: Scheduled Maintenance Outage General EDI Outage: For maintenance purposes, the Customs EDI system will be unavailable from 7:00 am until 7:30 am (ET) on Saturday July 12th, 2008. This will impact all EDI applications including: ER, RNS, CUSDEC, CADEX, ACI Marine, ACI Air…

11 July 2008 Ontario hardest hit as unemployment rises The following is excerpted from the 11 July 2008 edition of Toronto Star. Canada's ability to churn out jobs in the face of slowing growth came abruptly to an end in June as the economy shed 5,000 jobs during the month, pumping up the…

11 July 2008 Canada's trade surplus expands The following was reported on in the 11 July 2008 edition of “globeandmail.com” Canada's trade surplus expanded to $5.5-billion in May, from a revised $4.8-billion in April, as exports to countries other than the United States reached their highest level…

10 July 2008 CBSA Message: Declaration Accepted Messages CBSA PROBLEM PROCESSING OUTBOUND DECLARATION ACCEPTED MESSAGES ON PARS RELEASES This is to advise you that the problems CBSA was experiencing since mid-June in sending Declaration Accepted messages for certain transactions using an air or…

10 July 2008 Minister Day officially opens the new Port of Andover border-crossing facility The following is excerpted from the news release published on CBSA website on 10 July 2008. The Honourable Stockwell Day, Minister of Public Safety, joined by Mike Allen, Member of Parliament for Tobique–…

10 July 2008 Update to CFIA AIRS website A) Chapter 06 was published to modify the requirements for the following HS codes for the Continental United States; 06.02.10.0011.03 Elm - Unrooted plants 06.02.90.0023.05 Elm - rooted plants B) Chapter 06 was published to modify the requirements for the…

10 July 2008 Housing not just a US problem The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Almost two years old and counting, the US housing market crash is still grabbing headlines. It’s no wonder, given the dramatic plunge, its secondary…

10 July 2008 Ottawa tightens mortgage rules to avoid 'bubble' The following is excerpted from the 10 July 2008 edition of “globeandmail.com”. The federal government is cracking down on the mortgage industry in a move that could help protect against a U.S.-style housing bubble, but will also make it…

10 July 2008 Ministers of Finance weigh in on Michigan Business Tax issue The following is excerpted from the 9 July 2008 edition of “Canadian Transportation and Logistics”. ..[T]he Federal Government and the Government of Ontario are standing up for international businesses such as trucking…

10 July 2008 U.S. looking abroad to ensure import safety The following was reported on in the 9 July 2008 edition of “Journal of Commerce”. Import safety is becoming a proxy war for two opposing philosophies of world trade, Health and Human Services Secretary Michael O. Leavitt told the Import…

10 July 2008 ICC issues whistleblowing guidelines The following is excerpted from the 9 July 2008 news release on “International Chamber of Commerce” website. ICC today issued guidelines on whistleblowing, the first world business organization of its kind to establish a global standard for…

10 July 2008 WTO: New blueprints on farm and non-farm trade issued for 'crucial' talks The latest revisions of two papers including what could become the formulas for cutting tariffs and trade-distorting agricultural subsidies in a final deal were issued on 10 July 2008. They are the outcome of the…