Trade News

5 May 2008 Corporate tax harmonization will save Ontario business up to $190 million a year The following news release was issued by the Canada Revenue Agency on 2 May 2008. The Honourable Gordon O'Connor, Minister of National Revenue, and the Honourable Monique Smith, Ontario Minister of Revenue…

5 May 2008 Inflation worries will drive interest rates higher: Rubin The following article is excerpted from the 5 May 2008 edition of “globeandmail.com? Unrelenting upward pressure on food and energy prices will force the Bank of Canada to reverse course and start raising interest rates to combat…

5 May 2008 U.S. sock makers wage war on Gildan imports The following article is excerpted from the 5 May 2008 edition of “globeandmail.com”. Just two years after launching an ambitious plan to become a major player in the North American hosiery business, Gildan Activewear Inc. finds itself caught up…

5 May 2008 Semiannual Regulatory Agendas Include Rules Affecting Trade This article is extracted from the 5 May 2008 edition of “World\Trade Interactive”. The May 5 issue of the Federal Register will include the semiannual regulatory agendas of a number of federal agencies. These agendas include…

2 May 2008 D Series Checklist Updated The D0 series checklist of memoranda is available on the CBSA web site, at: http://www.cbsa-asfc.gc.ca/publications/dm-md/d0/d0-200804.pdf

2 May 2008 Pilot Certification Program for Heat-Treated/Dehydrated Shredded or Chopped Forage Products Of or Containing Hessian Fly Host Material Produced in Canada for Export to Japan Establishments involved with the exportation of forage products composed of or containing heat treated/dehydrated…

2 May 2008 Penalty Waiver The following message is from CBSA. Members are advised that CBSA will be looking at the numbers on Monday to determine if penalties should be waived for today, May 2, as well. Penalties incurred as a result of the systems problems experienced on Thursday May 1st, 2008 will…

2 May 2008 Connection Problems, 2 May 2008 Message EDI08-036 (Update) All systems are functioning normally, however we are currently experiencing a 1-hour delay in processing outbound messages for clients over the Customs Internet Gateway. Also, please note a 12-hour delay in processing outbound…

2 May 2008 Update to Directive D-08-01, "Pilot Certification Program for Heat-Treated/Dehydrated Shredded or Chopped Forage Products Of or Containing Hessian Fly Host Material Produced in Canada for Export to Japan" Directive D-08-01, "Pilot Certification Program for Heat-Treated/Dehydrated Shredded…

2 May 2008 Revision to Update for CFIA Participant Information Document (PID) Further to the message sent to members on 30 April 2008 concerning the recently updated CFIA Participant Information Document ( http://www.cscb.ca/m00/m50/rs_prev_e.cfm?ID=17755 ), members may wish to access the updated…

2 May 2008 Update to CFIA AIRS Web Site a) Chapter 06 was published to modify the requirements for the following HS codes for the Continental United States. 06.02.10.0009.20 - Hawthorn - Unrooted plants 06.02.10.0011.07 - Larch - Unrooted plants 06.02.10.0011.63 - Golden larch and other species of…

2 May 2008 Government of Canada Welcomes the Design Proposal for the Windsor-Essex Parkway The following is a news release issued by Transport Canada on 1 May 2008. The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, today welcomed the proposal from the Detroit…

2 May 2008 Credit crunch handcuffs banks, Carney says The following article is excerpted from the 1 May 2008 edition of “globeandmail.com”. In an unusual move, Bank of Canada Governor Mark Carney mounted a defence of his ability to set the tone for the economy, saying mortgage rates and other…

2 May 2008 Two-speed global economy explains a lot The following article is excerpted from the 1 May 2008 edition of “Canadian Transportation & Logistics”. The world economy today is a study in contrasts –slow growth here, overly rapid growth there, inflation pressures and rising interest rates in…

2 May 2008 Ports set new freight record The following article is extracted from the 2 May 2008 edition of the “Toronto Star”. A new study says Canadian ports handled record-breaking levels of freight for the fourth straight year in 2005, as international cargo hit another high. Statistics Canada…

2 May 2008 More Delays in Doha Round Negotiations The following article is excerpted from the 2 May 2008 edition of “World\Trade Interactive”. Press reports indicate that plans for a meeting where trade ministers could work out a preliminary Doha Round agreement are slipping again due to continued…

1 May 2008 NAFTA surface trade soars in February The following article is excerpted from the 30 April 2008 edition of “Canadian Transportation & Logistics”. Amid speculation about the future of NAFTA, the latest surface trade figures were released today, showing a 16.3% jump compared to the same…

1 May 2008 CP Intermodal Web Applications April 30, 2008 Please note that due to technical issues experienced in the last couple of days, shipment information contained in CP's Intermodal web applications could be outdated, including on-line tracing and any automated reports sent out April 30th. CP…

1 May 2008 Appeals An updated list of CITT appeals is available on their web site, at: http://www.citt-tcce.gc.ca/hearing/hearing_e.asp#1

1 May 2008 CBSA Systems Update The following is a message from CBSA regarding the outage. Members are requested to provide specific information as to the impact of the outage, including the costs, on their businesses. The CSCB will continue communicating with senior management of CBSA regarding this…