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U.S. auto tariffs could cut Canada's car output by nearly 1 million, CIBC says
July 4, 2018
Canada produces just over 2 million new vehicles a year, according to StatsCan The number of cars made in Canada could fall by almost 900,000 units a year if the U.S. hits this country with a 25 per cent auto tariff, according to a recent report by CIBC. Royce Mendes, senior economist at CIBC…
MEMBERS ONLY
Surtax and Drawback
July 4, 2018
The CSCB has received clarification regarding drawback on goods subject to surtax. Our question to CBSA was: Goods which originate under NAFTA are imported into Canada duty-free and subject to the surtax. These goods are further manufactured or incorporated into goods which are then exported to the…
Retaliatory Tariffs – Helpful Links
July 4, 2018
Further to a message posted on June 29, CSCB members may be interested in the following easily accessible list of links to information about the retaliatory tariffs. The first link includes the affected goods and their 8-digit tariff items. Countermeasures in Response to Unjustified Tariffs on…
Early bird pricing for 2018 national conference ends Friday – Register today!
July 4, 2018
Register today for the 2018 CSCB National Conference on Mexico’s Pacific Coast in the beautiful Westin Resort & Spa Puerto Vallarta! This year’s conference theme is “A North American Perspective for Customs Brokers: Turning Expertise and Experience into Profit.” The challenges of trade within North…
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Will you consider becoming a CSCB Director?
July 4, 2018
The Expression of Interest deadline is 6 July 2018 Each year, we look for volunteers to join our hard-working Board of Directors where they can have the opportunity to directly influence the work of the CSCB which for the coming year is likely to focus on: CBSA’s CARM consultations and the role of…
MEMBERS ONLY
Retaliatory Tariffs – Some Clarification
July 4, 2018
The CSCB has had a conference call with CBSA to clarify certain aspects of the retaliatory tariffs and this clarification follows. Members with questions are encouraged to send them to the attention of Michelle Criger at the CSCB. PIRO and CIRO Good released under these remission orders are subject…
Largest U.S. business group attacks Trump on tariffs
July 3, 2018
The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies. With some of America's tightest trading partners imposing retaliatory measures…
These are the places most vulnerable to U.S. tariffs
July 3, 2018
As Canada's retaliatory tariffs on billions of dollars worth of American goods come into play, the immediate effect of the escalating trade dispute on the Canadian economy is expected to be small, economists say. "About 0.8 per cent of annual Canadian output is affected by these [U.S.] tariffs,"…
EU warns Trump of $300B in retaliation if he puts tariffs on autos
July 3, 2018
The European Union is slamming the Trump administration for considering tariffs on auto imports, saying they could lead to global retaliation against some $300 billion in U.S. goods. European Commission spokesman Margaritis Schinas said Monday the U.S. investigation into the possibility of auto…
D18-2-1, Imported Tobacco Products and the Return of Canadian Manufactured Tobacco Products
July 3, 2018
This memorandum describes the packaging, stamping and labelling requirements and procedures for weighing imported tobacco products when determining customs duties. It also outlines the procedures to be followed for the return of Canadian manufactured tobacco products. In Brief Changes were made only…
Election of new Mexican president adds uncertainty to future of NAFTA talks
July 3, 2018
The future of the North American Free Trade Agreement negotiations was injected with a new dose of uncertainty with the election of a new president in Mexico on Sunday. Following his overwhelming majority win, Mexico's president-elect Andres Manuel Lopez Obrador said he supports reaching a deal on…
D16-1-1, Information pertaining to the application, collection, and adjustment of a surtax
July 3, 2018
This memorandum provides information concerning the administration and enforcement of surtax orders under sections 53, 55(1), 60, 63, 68(1), or 78 of the Customs Tariff. In Brief This memorandum has been updated to reflect amendments to the Customs Tariff and the Customs Act, and to reflect a change…
System Council No. 11 of the IBEW ratify three-year agreement with CP
July 3, 2018
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) and System Council No. 11 of the International Brotherhood of Electrical Workers (IBEW) today announced they have ratified a new three-year agreement. "We are grateful for the collaborative effort with union leadership that led to a successful…
Update to the "List of establishments approved to export live or raw molluscan shellfish from Ireland to Canada"
July 3, 2018
Please be advised that the Canadian Food Inspection Agency (CFIA) has updated the "List of establishments approved to export live or raw molluscan shellfish from Ireland to Canada". The following establishment has been added to the list: "Ocean Well Limited" The updated list is available at http:/…
Questions re the 2018 national annual conference? We’ve got answers.
July 3, 2018
1. How does this year’s conference compare with last year’s on a cost-basis? A recent check of airfares from Vancouver, Toronto and Montreal showed many options beginning at around $500. We don’t know exactly what each delegate paid for airfare and car rental or shuttle last year but we are pretty…
Tariffs 101: How Canada's counter-tariffs on U.S. goods work, and what they'll do
June 29, 2018
A lot of things are going to get more expensive — and that's the best-case scenario In response to U.S. tariffs on steel and aluminum, Canada is poised to fight back with its own dollar-for-dollar tariffs set to come into effect on July 1. Steel and aluminum are on the list of products targeted for…
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Customs Notice 18-08 – Clarification (2)
June 29, 2018
CBSA has responded to our question regarding retaliatory tariffs and goods warehouse with the following: Although the surtax orders will not apply to U.S. goods that are in transit to Canada prior to July 1, 2018, the surtax will apply on goods released from a Customs Bonded Warehouse or a…
MEMBERS ONLY
Customs Notice 18-08 – Clarification
June 29, 2018
The CSCB has contacted CBSA regarding CN 18-08 and questions that have been asked by members. Following are the responses we have received. Q1. Does the surtax apply to goods imported under the Postal Imports Remission Order and the Courier Imports Remission Order? A1. It does. After receiving this…
CBSA Message (TCC18-077) - Surtaxes Imposed on Certain Products Originating in the United States
June 29, 2018
Clients Affected: All importers and brokers who use EDI to transmit their trade data. Further to Customs Notice CN18-08 pertaining to Surtaxes Imposed on Certain Products Originating in the United States https://www.cbsa-asfc.gc.ca/publications/cn-ad/cn18-08-eng.html please note the following for…
Global Affairs Canada re: Steel and Aluminum Workers and Industry
June 29, 2018
Canada’s steel and aluminum industries have made North American steel and aluminum more competitive around the world. It is inconceivable and completely unacceptable to view any trade with Canada as a national security threat to the United States. The U.S. has a US $2 billion annual trade surplus on…