Trade News

13 March 2008 Someone tell commodities there’s a slowdown going on The following is a weekly commentary by Peter G. Hall, Vice-President and Deputy Chief Economist, Export Development Canada. The marketplace is fast realizing that a global economic slowdown is in the works. Everyone seems to be…

13 March 2008 Census ramps up for “imminent” mandatory AES rule The following is excerpted from the 13 March 2008 edition of “American Shipper”. The U.S. Census Bureau’s Foreign Trade Division is ramping up staff and resources to help the export industry comply with the soon-to-be-published rule for…

12 March 2008 Revised Draft - Changes to the Administration of the Release Prior to Payment Program Further to the message sent yesterday (Draft - Changes to the Administration of the Release Prior to Payment Program), the revised draft Customs Notice indicates the implementation date of April 1…

12 March 2008 CN Message: Revised Good Friday Intermodal Gate Hours Please note, the Montreal gate hours have been revised. Intermodal Terminal Hours - (Canada & U.S.) HALIFAX (HIT) Good Friday: 08:00 - 18:00 MONCTON Good Friday: 00:01 - 23:59 MONTREAL (TASCHE) Good Friday: 00:01 – 23:59 BRAMPTON…

The following messages were sent out on 12 March 2008: 1. CANADA BORDER SERVICES AGENCY - Notices and Memos Revised Draft - Changes to the Administration of the Release Prior to Payment Program 2. CANADIAN SOCIETY OF CUSTOMS BROKERS - Members Only In Memoriam 3. RAIL NOTICES CN Message: Revised Good…

12 March 2008 NAFTA trade off in '07 The following was reported on in the 12 March 2008 edition of “The Journal of Commerce”. Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico grew 4.9 percent in 2007, according to the…

12 March 2008 Report says global warming threatens transportation The following is excerpted from the 12 March 2008 edition of “The Journal of Commerce”. A blue-ribbon committee is warning the transportation community that it must begin to factor global warming into its plans or face the…

11 March 2008 BC Region General Meeting The BC regional executive committee is working on fine-tuning details for the upcoming BC Region General Meeting. Until further details are available, please mark your calendars as the meeting will be held on 3 April 2008 at The River Rock Casino. The meeting…

11 March 2008 Yogurt, Ice cream, Cheese, Broiler hatching eggs & chicks Quota Holders’ Lists (2008) The following quota holder’s lists for 2008 are available on the FAITC website: Yogurt: http://www.dfait-maeci.gc.ca/trade/eicb/agric/yogourtQHList08-en.asp Ice Cream: http://www.dfait-maeci.gc.ca…

11 March 2008 Canadians weigh in on NAFTA The following is excerpted from the 11 March 2008 edition of “Toronto Star”. Almost half of all Canadians agree with U.S. Senators Hillary Clinton and Barack Obama and think the North American Free Trade Agreement should be renegotiated, a new poll shows…

11 March 2007 Minister Emerson Expresses Condolences on Death of Simon Reisman The following is excerpted from the 11 March 2008 news release on FAITC. The Honourable David Emerson, Minister of International Trade and Minister for the Pacific Gateway and the Vancouver-Whistler Olympics, today issued…

11 March 2008 Draft - Changes to the Administration of the Release Prior to Payment Program At the February 26 - 27 BCCC meeting, the CBSA circulated a draft Customs Notice regarding changes to the Release Prior to Payment Program. Included in this notice is information relating to the fact that…

The following messages were sent out on 11 March 2008: 1. CANADA BORDER SERVICES AGENCY - Notices and Memos Draft - Changes to the Administration of the Release Prior to Payment Program 2. CANADIAN CUSTOMS ARTICLES Canada cited as one of the most open and liberal economies for trade Canadians weigh…

Draft - Changes to the Administration of the Release Prior to Payment Program At the February 26 - 27 BCCC meeting, the CBSA circulated a draft Customs Notice regarding changes to the Release Prior to Payment Program. Included in this notice is information relating to the fact that customs brokers…

11 March 2008 Government of Canada Announces Technical Changes to the Income Tax Treatment of Gains and Losses on Debt Denominated in a Foreign Currency The following was released on 7 March 2008 on DOF website. The Honourable Jim Flaherty, Minister of Finance, today proposed technical changes to…

11 March 2008 Canada cited as one of the most open and liberal economies for trade The following is excerpted from a news release on Asia-Pacific Economic Cooperation website. Tariff reductions, transparency and non-discriminatory competition policy make Canada an ideal trade partner, reveals a…

11 March 2008 Export ABCs: Payment terms The following was reported on by Frank Reynolds in his column Export ABCs for the “Journal Of Commerce”. The relatively low value of the dollar has encouraged exporters to enter into an increasing number of new relationships. This means establishing…

11 March 2008 Truck Manifest In-Bond Programming Changes Scheduled Implementation April 5, 2008 Please see attachment for changes to ACE EDI truck manifest expanding the capability of ACE participants to arrive in-bonds at destination by container/equipment, export in-bonds that have previously…

10 March 2008 Correction Period for February Softwood Lumber Permits - ENDS TODAY Members are advised that the correction period for February 2008 Softwood Lumber permits ends today at 20:00 EST Monday 10 March 2008. EICS reminds you of the importance of submitting correct information on permits as…