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Trade News

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World Shipping: Presaging Trade's Ill-Fated Voyage?

Members may be interested in the following commentary by Peter G. Hall of Export Development Canada. Worried that international trade is about to run aground? There’s one indicator that suggests we should be. Other leading indicators are actually moving upward, but the Baltic Dry Index – a measure of bulk shipping costs, and normally a bellwether of global trade – is in the abyss. Are we headed for yet another slowdown in global commerce, or has this predictor somehow lost its way? This commentary is available in its entirety at:

Bank of Canada maintains overnight rate target at 1 per cent

The following is excerpted from a 17 April 2012 news release by the Bank of Canada. The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

Harper looks to deepen trade with longtime South American ally Chile

The following is excerpted from the 16 April 2012 edition of Global News. Prime Minister Stephen Harper is hoping to use one of Canada's deepest friendships in Latin America to help secure entry into a very attractive Pacific free-trade zone. The Trans-Pacific Partnership (TPP) was one of the key items on the agenda Monday as Harper met Chilean President Sebastian Pinera, the silver-haired leader that many Canadians might remember from his presence during the dramatic mining rescue of 2010. This article is available in its entirety at:

US-Colombia FTA Set to Take Effect Next Month

The following is from the 16 April 2012 edition of the Journal of Commerce. Free trade agreement expected to boost bilateral trade U.S. exporters and importers will be able to better tap the growing Colombian economy starting May 15 when the free trade agreement between the two countries takes effect.

Air transport agreements with Colombia, Honduras, Nicaragua, Curaçao and Sint Maarten

The following is excerpted from a 13 April 2012 news release by the Office of the Prime Minister. The Government of Canada is committed to providing Canadian businesses with the tools they need to excel in the Americas and beyond. The air transport agreements announced today will generate economic growth and employment in Canada and the Americas by providing businesses, travellers and shippers with more flight options and routes to the following destinations: This release is available in its entirety at:

Thompson, Ahern International celebrates 100 years!

This year, Thompson, Ahern International proudly celebrates one hundred years of excellence in service and dedication. “We like to think of it as our initial Century of Excellence in Crossing Borders,” said President and General Manager, Rod Kyle.
MEMBERS ONLY

Amendment 11 to the Energy Efficiency Regulations - Update

The CSCB has asked NRCan for clarification regarding regulated goods included on Amendment 11 to the Energy Efficiency Regulations. Our questions, and NRCan’s responses, follow. NRCan has advised that FAQ documents on EPS (External Power Supplies) and Standby Power Products will be available on their website shortly. These documents will provide additional information regarding end-use products. Questions and comments can be sent to the CSCB at [email protected]

Update to CFIA AIRS Website

Chapter 07 was published to delete two OGD extensions. 07.01.90.3000.01 - Potatoes, round type (fresh or chilled) 07.01.90.3000.02 - Potatoes, long type (fresh or chilled) This created requirement version changes for the following HS code. 07.01.90.3000 - Potato - tuber (fresh) Please check your version number before submitting through EDI. If you have any questions, please contact your Import Service Centre. _________________________________________________

Update to CFIA AIRS Website

a) Chapter 05 was published to streamline the import conditions for the following HS Code for the United States. 05.11.99.1995.03 - Bovine dried, bulk, blood or plasma This created requirement version changes for the following HS Code for the United States. 05.11.99.1995.02 - Bovine blood meal b) Chapter 23 was published to streamline the import conditions for the following HS Code for the United States. 23.01.10.1995.03 - Bovine dried, bulk, blood or plasma

Prime Minister Harper meets with President Ollanta Humala of Peru

The following is a 14 April 2012 news release from the Canada News Centre: Prime Minister Harper met today with Ollanta Humala, President of Peru, on the margins of the Americas CEOs Summit, a private sector event parallel to the Summit of the Americas. Both leaders were speakers at a panel on "Economic Growth and Natural Resources".

PM announces support to enhance security in the Americas

The following is a 15 April 2012 release from the Canada News Centre: Prime Minister Stephen Harper today announced an important new initiative that will bolster Canada’s efforts to address security challenges in Central America.

Canada Gazette Notices and Proposed Regulations

Members may be interested in the following, published on 14 April 2012 in Part I of the Canada Gazette. 1. Canadian International Trade Tribunal finding on mattress innerspring units.

Quebec Regional Committee Meeting, 20 March

Members are advised that minutes of the Quebec Regional Committee meeting held on 20 March 2012 are now available on the Quebec Region page of the CSCB members site. To access, please go to our website log in to our website, and look under “Regional Activity”.

Union warns of border delays and more porn

The following is excerpted from the 13 April 2012 edition of The Montreal Gazette. Union claims that some 1,350 border job cuts will result in longer wait times and more child porn, weapons, drugs and terrorists entering the country are false, according to public safety officials who chalk it up to bitterness over a $1-million cut to union boss salaries.

Changes to the Import Requirements for Non-restricted Firearms

The following is excerpted from a 13 April 2012 notice from CBSA. The purpose of this notice is to advise you of changes affecting the importation of non-restricted firearms, as a result of Bill C-19 Ending the Long-gun Registry Act, which came into force on April 5, 2012.