Trade News

27 May 2008 Transport Minister Tables Amendments to the Transportation of Dangerous Goods Act, 1992 in Parliament The following news release was issued by Transport Canada on 26 May 2008. The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today tabled amendments…

27 May 2008 Request for Removal of Customs Duty on Importations of Oak Barrels The Department of Finance is currently reviewing a request for the removal of the customs duty on importations of oak barrels used for the fermentation and aging of wine. These oak barrels are classified under tariff item…

27 May 2008 Greater access for business owners The following tax tip is from the Canada Revenue Agency. Did you know… That you can access even more of your tax information from the convenience of your desktop computer? Recent enhancements to My Business Account make tax time easier for sole…

27 May 2008 High oil prices will hurt trade, report says The following article is excerpted from the 27 May 2008 edition of “globeandmail.com”. The rising price of oil is making international trade of heavy cargo prohibitively expensive, and acting as an incentive for importers to find products such…

27 May 2008 Passive payment terms This article is by Frank Reynolds, president of International Projects, Inc., and appears in today’s edition of “The Journal of Commerce”. When our payment term series began in March, we briefly mentioned the standby letter of credit and demand guarantee. While…

27 May 2008 Economist: "No recession, no recovery" for U.S. economy This article is excerpted from the 27 May 2008 edition of “American Shipper”. The state of the U.S. economy can be summed up as "no recession, no recovery," with growth averaging about 1 percent through the first half of 2009…

27 May 2008 Inquiry Finds Port Security Lacking This article is excerpted from the 27 May 2008 edition of “The New York Times”. The attacks of Sept. 11 transformed ports of entry into points of anxiety, but the job itself didn’t get any easier — just as illegal drugs slipped through loopholes, so…

26 May 2008 Proposed Amendments to Seeds Regulations Published The following news release was issued by the CFIA on 24 May 2008. The Canadian Food Inspection Agency (CFIA) today announced proposed amendments to the Seeds Regulations to remove the kernel visual distinguishability (KVD) requirements…

26 May 2008 Questions and Answers regarding Proposed Amendments to Seeds Regulations A Q&A fact sheet regarding the proposed amendments to the Seeds Regulations is available on the CFIA web site, at: http://www.inspection.gc.ca/english/plaveg/seesem/visqueste.shtml

26 May 2008 CFIA Meat Directives The following meat hygiene directives are now available in HTML and PDF versions at: http://www.inspection.gc.ca/english/anima/meavia/mmopmmhv/direct/direct… MHD 2008-25 Chapter 11 - Section 11.6.4 - Introduction MHD 2008-21 Chapter 11 - Section 11.7.3 - Mexico…

26 May 2008 CBSA Message: Connection Problems The following is a message from CBSA. Message EDI08-040 There is no inbound or outbound traffic for the following Direct Connect lines: FEDEX TRANSENTRIC FLAGSHIP TRAXONASIA UNISYS SITA SWISSPORT CRIMSON UNISYS2 RAILINC UPS OOCL KLEINSCHMIDT Our IT are…

26 May 2008 CBSA Message: Connection Problems - Update Message EDI08-040 (Update) The issue has been resolved. All systems are functioning normally.

26 May 2008 Reminder - Production Database Backup, 7 June 2008 This is a reminder that a full database backup of the production database(PROD) is scheduled for Saturday, June 7, 2008. CFIA systems will be unavailable from 3am to 7am EST. Please note that full database backups of the production…

26 May 2008 Use of ATA Carnets for the Beijing Olympics The following announcement is from the World Customs Organization. The Government of the People's Republic of China has approved the use of ATA carnets during the Summer Olympic and Paralympic Games. Detailed guidance, in particular concerning…

26 May 2007 Study from Statistics Canada: Outsourcing and offshoring in Canada, 1961 to 2003 The following news release was issued on 23 May 2008 by Statistics Canada. Canadian industries steadily increased their levels of both "outsourcing" and "offshoring" from 1961 to 2003, according to a new…

26 May 2008 CBP Key Officials Testify on Dedicated Front Line Personnel The following comments are excepted from testimony given to the US Congress by officials of US Customs on 22 May. Testimony of David Aguilar, Thomas Winkowski, Michael Kostelnik. U.S Customs and Border Protection, Department of…

26 May 2008 Latest Volume of Customs and Border Protection News The latest volume of the CBP Bulletin, issue 22, is found on the CBP web site, at: http://www.customs.gov/xp/cgov/trade/legal/bulletins_decisions/bulletin…

26 May 2008 Loss of ACE Portal Access After 45 Days This notice was published on the US Customs web site on 23 May 2008. On May 16, 2007, U.S. Customs and Border Protection (CBP) published a Federal Register Notice setting forth the terms and conditions that must be followed as a condition for…

26 May 2008 Inflation takes over as public enemy No. 1 The following article is excerpted from the 26 May 2008 edition off the “Toronto Star”. Somewhere between the implosion of Wall Street firm Bear Stearns in March and today's $130-plus oil, inflation supplanted the credit crunch as North America…

26 May 2008 Changes Proposed for Eligibility to Take Broker License Exam. U.S. The following article is excerpted from the 26 May 2008 edition of “World\Trade Interactive”. [US] Customs and Border Protection is seeking comments by June 28 on a proposed rule … [to] amend the requirements that an…