Trade News

8 April 2008 Credit crisis losses to near US$1-trillion: IMF This article is excerpted from the 8 April 2008 edition of “National Post”. The International Monetary Fund said financial losses stemming from the U.S. mortgage crisis may approach US$1-trillion, citing a "collective failure' to predict…

8 April 2008 Making payment terms work This article is excerpted from Frank Reynolds’ 8 April 2008 column in “The Journal of Commerce”. In March we covered the terms of payment commonly used in international trade. There’s more to this than meets the eye, so let’s look behind the scenes at the…

7 April 2008 CP Intermodal Web Applications Please be advised that our routine maintenance is complete and service has been restored to the following Intermodal web applications: Marine Container Bookings Intermodal Access Express Intermodal Access For specific shipment problem resolution inquiries…

7 April 2008 Customs Notice 08-015, Changes to the Canada Border Services Agency's Procedures for Importing Restricted Feeder Cattle From the United States This notice cancels and replaces Customs Notice 07-015 dated May 31, 2007. It is based on legislation passed on October 22, 1997, that allows…

7 April 2008 SIMA Index for April, 2008 The SIMA index was updated on 26 March 2008, and is available on the CBSA web site at: http://www.cbsa-asfc.gc.ca/sima-lmsi/monthly-eng.html

7 April 2008 Our free trade priorities needn't include Mexico The following article is excerpted from the 7 April 2008 edition of “globeandmail.com”. The author is Derek Burney, former Canadian ambassador to the United States and a visiting professor and senior distinguished fellow at Carleton…

7 April 2008 Trade Actions Database Anti-dumping and Countervailing Actions Reported by WTO Members BACKGROUND The Canadian International Trade Tribunal (the Tribunal) is an independent authority, operating in Canada’s trade remedies system, which conducts injury inquiries. In these inquiries, the…

7 April 2008 Russian Audit of Canada’s Fish Inspection Program Information concerning the Russian audit of Canada's Fish Inspection Program is available on the CFIA web site at: http://www.inspection.gc.ca/english/anima/fispoi/commun/20080404e.shtml

7 April 2008 Use of AIRS Tool The Automated Import Reference System (AIRS) is an important part of the CFIA/ACROSS interface. The system also allows users to quickly determine the additional data (codes) that must be included in the EDI release message. For CFIA, pest and disease risk is based on…

7 April 2008 Future Strategies You Need Right Now The following article is excerpted from the 5 April 2008 edition of “globeandmail.com”; it is written by George Stalk, author of “ Five Future Strategies You Need Right Now”. The Five Strategies There are always important business issues forming like…

4 April 2008 Egg Products Quota Holders’ Lists, 2008 The egg products quota holders’ lists for 2008 are available on the FAITC website at: http://www.dfait-maeci.gc.ca/trade/eicb/agric/EggProductsQHList2008-en…

4 April 2008 Changes to the Administration of the Release Prior to Payment Program - Update The CBSA has responded to some of the questions raised by the CSCB regarding changes to the administration of the GST letter. Until more information is available with respect to the payment and collection…

4 April 2008 Employment Report The following is an economic update from the Canadian Chamber of Commerce. Employment in March edged higher (+14,600), however, a surge of new entrants into the labour market pushed the unemployment rate up to 6.0% from 5.8% the previous month. Over the past 12 months…

4 April 2008 U.S, EU point to progress on trusted trader recognition The following was reported on in the 4 April 2008 edition of the “American Shipper”. U.S. and European Union officials formally agreed last week on a roadmap for achieving mutual recognition of their respective supply chain…

4 April 2008 US DOT says surface trade with Canada, Mexico up more than 7% in January The following was reported on in the 3 April 2008 edition of “Canadian Transportation & Logistics”. Trade using surface transportation between the US and its North American Free Trade Agreement (NAFTA) partners…

4 April 2008 Japan on shaky ground The following was written by Peter G. Hall, Vice-President and Deputy Chief Economist, Export Development Canada The Japanese economy is at it again. Economy-watchers expected a poor showing in the final quarter of 2007, but in a repeat of the fall 2006 experience…

3 April 2008 Revisions to Directives: D-94-22, D-96-15 D-94-22 Members are advised that Appendix 1 "List of pine shoot beetle infested areas in Canada and the United States" of Directive D-94-22 "Plant Protection Requirements on Pine Plants and Pine Materials to Prevent the Entry and Spread of Pine…

3 April 2008 Update to “Fish List” Members are advised that the "List of Canadian Acceptable Common Names for Fish and Seafood" has been updated (Peprilus medius, Parapenaeopsis hardwickii, Chelidonichthys spinosus, Protachypene precipua added; Xiphopenaeus riveti changed to Xiphopenaeus kroyeri)…

3 April 2008 CP Message: REMINDER - TRIEX implementation in Vancouver, BC April 12th and 13th, 2008 CP is in the process of implementing TRIEX (Truck, Rail, Intermodal EXcellence), an end-to-end shipment management solution that will utilize new processes and technology to enhance our Intermodal…