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Changes to import notification requirements

16 September 2009 Changes to import notification requirements The following letter is from Alison Pinsent, Acting Director, Imported and Manufactured Food Division, Food Safety and Consumer Protection Directorate, Canadian Food Inspection Agency. As part of the Government of Canada’s ongoing…

PM prepares to lobby U.S. Congress

16 September 2009 PM prepares to lobby U.S. Congress The following is excerpted from today's edition of "globeandmail.com". Prime Minister Stephen Harper will have only minutes to talk trade with U.S. President Barack Obama, but a set of unusual meetings with congressional leaders tomorrow matters…

CP notice: Ruling Allowing Containers Containing..

16 September 2009 U.S. Customs and Border Protection, Department of Homeland Security, Modifies Ruling Allowing Containers Containing Residual Chemicals to Be Entered as Empty Containers This is further to the CP Customer Bulletins of July 24 and August 13. U.S. Customs and Border Protection (USCBP)…

New tobacco excise stamp on cigarette packages

16 September 2009 New tobacco excise stamp on cigarette packages The following is excerpted from the 14 September 2009 news release by CRA. The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food), is pleased to announce that the Canada…

CRA Interest rates for the fourth calendar quarter

16 September 2009 CRA Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) 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…

Jobless rate to hit 10%, OECD says

16 September 2009 Jobless rate to hit 10%, OECD says The following is excerpted from today's edition of "globeandmail.com". The Harper government's stimulus package should have a big impact on stemming job losses but unemployment in Canada will still reach almost 10 per cent by next year, the OECD…

Bloc, NDP to save PM

16 September 2009 Bloc, NDP to save PM The following is excerpted from the 15 September 2009 edition of "cbc.ca". Prime Minister Stephen Harper says his political opponents lack the will to defeat his government and force an election. He was reacting to word that the minority Conservatives will…

U.S. Chamber: Trade Policy Risks 500,000 Jobs

16 September 2009 U.S. Chamber: Trade Policy Risks 500,000 Jobs The following is excerpted from the 15 September 2009 edition of “The Journal of Commerce”. Half a million U.S. jobs are at risk because of national trade policy, according to a study by the U.S. Chamber of Commerce. U.S. failure to…

Freight Transportation Services Index Rose 1.6 %..

16 September 2009 Freight Transportation Services Index (TSI) Rose 1.6 Percent in July from June The following is excerpted from the 10 September 2009 news release by the US Bureau of Transportation Statistics. The Freight Transportation Services Index (TSI) rose 1.6 percent in July from its June…

U.S. growth back on, if just barely: Bernanke

16 September 2009 U.S. growth back on, if just barely: Bernanke The following is excerpted from the 15 September 2009 edition of "cbc.ca". The U.S. recession is probably over, the chairman of the Federal Reserve said Tuesday. However, Ben Bernanke added, growth may not be strong enough to create…

It will take a village

15 September 2009 It will take a village This note is excerpted from the September 2009 edition of Ernst&Young’s “Commodity Tax News”. Now that Ontario and British Columbia have announced that they will implement a harmonized sales tax (HST) effective July 1, 2010, and with rumours that the…

Economy to dominate Harper's meeting with Obama

15 September 2009 Economy to dominate Harper's meeting with Obama This article is excerpted from the 15 September 2009 edition of “globeandmail.com”. …. The economy, the inevitable No. 1 issue for both leaders, will dominate the hour-long meeting [between Prime Minister Harper and President Obama on…

Why Dennis Gartman likes the Canadian dollar

15 September 2009 Why Dennis Gartman likes the Canadian dollar The following is extracted from the 15 September 2009 edition of “globeandmail.com”. The Canadian dollar … opened lower Tuesday, down 0.11 of a cent at 92.18 cents (U.S.). This followed Monday's dip of 0.42 of a cent. Still, long-time…

Strong loonie poses risk, bank warns

15 September 2009 Strong loonie poses risk, bank warns The following is excerpted from the 15 September 2009 edition of “The Star”. The Bank of Canada is again warning about the Canadian dollar's persistent strength. Deputy governor John Murray says the Canadian economic recovery may not be smooth…

Why next economic crisis will be worse

15 September 2009 Why next economic crisis will be worse The following is excerpted from the 15 September 2009 edition of “The Star”. Barack Obama had some strong words yesterday for the Wall Street miscreants who very nearly brought about a second Great Depression. "We will not go back to the days…

China-U.S. Trade Dispute Has Broad Implications

15 September 2009 China-U.S. Trade Dispute Has Broad Implications This article is extracted from the 15 September 2009 edition of “The New York Times”. An increasingly acrimonious trade dispute between China and the United States over the past three days is officially about tires, chickens and cars…

CBP expands outreach efforts

15 September 2009 CBP expands outreach efforts The following is excerpted from the 15 September 2009 edition of “American Shipper”. U.S. Customs and Border Protection will hold its annual Trade Symposium Dec. 8-10 at the Washington Convention Center, Kimberly Marsho, who heads the Office of Trade…