Trade News

5 September 2007 APEC talks to take on food safety standards This article is excerpted from the 5 September 2007 edition of the “Toronto Star”. Asia-Pacific countries will try to develop a more robust approach to strengthening food and product safety standards in the region, according to a draft…

5 September 2007 CP Rail to buy largest U.S. regional railway This article is excerpted from the 5 September 2007 edition of “globeandmail.com”. Canadian Pacific Railway Ltd. [CP-T] said it planned to buy the Dakota, Minnesota & Eastern Railroad Corp for at least $1.48-billion (U.S.) to expand its…

5 September 2007 Bank of Canada Rate Announcement The following is excerpted from the Canadian Chamber of Commerce’s news release today. The Bank of Canada had a tough decision to make on September 5th (its scheduled date for announcing the overnight rate target). Economic growth for the second…

5 September 2007 China Steps Up Efforts to Cleanse Reputation This article is excerpted from the 4 September 2007 edition of “The New York Times”. In recent weeks, Beijing has begun its most concerted global public relations offensive since the outbreak of SARS, the severe acute respiratory syndrome…

5 September 2007 CBP makes strides on trade facilitation This article is excerpted from the 5 September 2007 edition of “American Shipper”. In an effort to reduce regulatory burdens on highly compliant U.S. importers, [US] Customs authorities have pledged to change their procedures to allow textile…

4 September 2007 Room Block Release Date, Approaching! CSCB conference delegates will be gathering in Montreal for the 2007 national conference. We strongly encourage you to book your accommodation immediately. Rooms are available now but might not be after September 10, 2007. Don’t delay and risk…

4 September 2007 Correction Period for August Softwood Lumber Permits Members are advised that the correction period for August Softwood Lumber permits ends at 20:00 EST Monday, 10 September 2007.

4 September 2007 Armed border officers deployed at the Pacific Highway border crossing The following is excerpted from the 31 August 2007 news release on CBSA website Today, Mark Warawa, Member of Parliament for Langley, on behalf of the Honourable Stockwell Day, Minister of Public Safety, announced…

4 September 2007 Armed border officers deployed at the Peace Bridge The following is excerpted from the 31 August 2007 news release on CBSA website Today, the Honourable Rob Nicholson, Minister of Justice and Attorney General of Canada, on behalf of the Honourable Stockwell Day, Minister of Public…

4 September 2007 September 2007 SIMA Index The SIMA index for September 2007 is available on the CBSA website at http://www.cbsa-asfc.gc.ca/sima/monthly-eng.html.

4 September 2007 Update to CFIA AIRS website Chapter 05 was published to change the requirement ID for the following HS codes: This applies to the United Kingdom only. 05.11.99.1295.02 Animal embryos - micromanipulated - Bison/Buffalo 05.11.99.1295.03 Animal embryos - micromanipulated - Bovine…

4 September 2007 The pain of getting across the border This article is excerpted from the 4 September 2007 edition of “globeandmail.com”. With so much prosperity at risk, it is frustrating to observe how slowly Washington and Ottawa are preparing for the imposition of a U.S. requirement for…

4 September 2007 Canada's pitch for open borders This article is excerpted from the 2 September 2007 edition of the “Toronto Star”. Since the 9/11 terror attacks, Canadians have worked hard helping anxious Americans bolster their security. To that end, Ottawa has spent $10 billion terror-proofing…

4 September 2007 Pundits change their call on rates This article is excerpted from the 4 September 2007 edition of the “Toronto Star”. The Bank of Canada is widely expected to leave its key overnight rate unchanged at 4.5 per cent at its scheduled rate announcement tomorrow – a big change from…

4 September 2007 CRA Interest Rates for 4th Quarter The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates are calculated quarterly in accordance…

4 September 2007 America’s Trade Deficit: Still worrisome after all these years? This article, by Stephen S. Poloz, Senior Vice President, Corporate Affairs and Chief Economist, Export Development Canada, appeared in the 31 August 2007 edition of “Canadian Transportation & Logistics”. Probably the…

4 September 2007 Teamsters, Others sue to stop US/Mexico truck plan This article is excerpted from the 31 August 2007 edition of “American Shipper”. With a Bush Administration plan to allow Mexican-domiciled trucks entry deep into the United States ready to start as soon as Saturday, five groups…

4 September 2007 Account Services Desk Prepares for New Users, New Capabilities The following was posted on the CBP website on 29 August 2007. With the September 2007 deployment of new Automated Commercial Environment (ACE) entry summary, accounts, and revenue capabilities fast approaching, the U.S…

4 September 2007 India trade gap soars The following is excerpted from the 4 September 2007 edition of “Journal of Commerce”. India's trade deficit soared to $5 billion in July from $4 billion a year ago, as the strengthening rupee continued to affect export growth, according to data released by the…

31 August 2007 31 August 07 - Help Desk NOT Available The EICS/EXCOL Telephone Help Desk is not available today, Friday, 31 August 2007. The E-Mail Help Desk will continue to be monitored until 16:00 EST. [email protected] [email protected]