Trade News

31 August 2009 Canada's trade deficit first since 1976 The following is extracted from the 29 August 2009 edition of “globeandmail.com”. The value of Canadian imports exceeded that of exports for the first time in more than 30 years in the second quarter, a humbling blow for a trading nation that…

31 August 2009 Bridge construction [in Cornwall] could begin in 2010 The following is extracted from the 30 August 2009 edition of the “Cornwall Standard Freeholder”. Despite the ongoing uncertainty surrounding the local customs facility, Mayor Bob Kilger remains optimistic that construction of the…

31 August 2009 Great Recession: nasty, but short The following is excerpted from today's edition of “globeandmail.com”. Canada's version of the Great Global Recession may have seemed brutish, but — if economists are right about new output numbers being released Monday — it will also have turned out…

31 August 2009 Economy's growth first in year The following is extracted from today's edition of “The Star”. Statistics Canada says the economy grew by 0.1 per cent in June, the first monthly increase since July 2008 as housing and car sales rebounded. The increase was below private-sector…

31 August 2009 Reading the tea leaves The following is extracted from the 28 August 2009 edition of “globeandmail.com”. THE GOOD: A 7.9-per-cent growth rate is the envy of the West; stockpiling and infrastructure have driven the global rebound in commodity prices THE BAD: Who's buying? Empty wallets…

31 August 2009 Trusted Traders Affected by Enforcement Emphasis The following is excerpted from 26 August 2009 edition of the Entrepreneur magazine. It is written by Tom Travis. … The U.S. Customs and Border Protection agency has engaged in an unprecedented effort over the past eight years to…

31 August 2009 Low greenback is best thing for weak U.S. economy The following is extracted from today's edition of “globeandmail.com”. The U.S. dollar has lost about one-third of its value against six of the world's major currencies including the Canadian dollar since the beginning of the decade…

31 August 2009 China backs down over auto part import levies The following is excerpted from today's edition of "American Shipper". U.S. Trade Representative Ron Kirk’s office on Friday said it expects China to eliminate discriminatory charges imposed on imported auto parts, effective Sept. 1. China…

31 August 2009 [US] Economists Are Split on Inflation The following is excerpted from the 31 August 2009 edition of the “Wall Street Journal”. Business economists are split on whether the [US] Federal Reserve's massive infusion of credit into the economy will lead to inflation in the next couple of…

28 August 2009 Updated CFIA Participants Information Document (PID) The following are updates to the CFIA PID: -Contact information page 2 & 4 has been changed. -The form (Request For Release Form 5272) has changed to (Request for documentation review Form 5272). - Appendices changes: o Appendix “C”…

28 August 2009 The CBSA SME Newsflash, September 2009 The SME Newsflash provides information and links to new programs, services and requirements relevant to importers and exporters. The September 2009 edition is now available on the CBSA website at: http://www.cbsa-asfc.gc.ca/sme-pme/newsletter…

28 August 2009 Minister Cannon Completes Successful Visit to Egypt The following is excerpted from the 27 August 2009 news release by DFAIT. The Honourable Lawrence Cannon, Minister of Foreign Affairs, today completed a visit to Egypt where he took part in comprehensive talks with Egypt’s Foreign…

28 August 2009 CBSA Message: CFIA Connection Problems The following message is from CBSA (EDI09-074). We are currently experiencing communication problems between ACROSS and the CFIA EDI System. There is no ETA as to when this problem will be resolved. For urgent requests, please present paper.

28 August 2009 CBSA Message: CFIA Connection Problems Resolved The following message is from CBSA (EDI09-074 Update). The communication problems between ACROSS and the CFIA EDI System are now RESOLVED.

28 August 2009 Trade deficit hits record The following is excerpted from today's edition of "globeandmail.com". Canada's current account deficit, which measures international transactions in goods, services and investment income, is forecast to reach a record high. Even with a boost in commodity…

28 August 2009 NDP Premier Doer next U.S. ambassador The following is excerpted from today's edition of "The Star". Gary Doer is Canada's next ambassador to the United States - the announcement coming a day after he stepped down in Manitoba as Canada's longest-serving premier. Doer, a lifelong New…

28 August 2009 Global Trade Volume Grew 2.5 Percent in June The following appeared in the 27 August 2009 edition of "Journal of Commerce". World trade volume rose 2.5 percent in June from the previous month following a revised 1.4 percent decline in May, CPB Netherlands Bureau for Economic Policy…

28 August 2009 USDA introduces global trade database The following is excerpted from the 27 August 2009 edition of "American Shipper". The U.S. Department of Agriculture's Foreign Agricultural Service has introduced an enhanced searchable U.S. trade database for businesses and federal agencies. The…

28 August 2009 U.S. Unveils New Rules on Border Searches Of Laptops The following appeared today's edition of the "New York Times". The Obama administration unveiled new rules on Thursday for searching computers and other electronic devices when people enter the United States, attempting to address…

27 August 2009 Update to CFIA AIRS website a) Chapter 05 was published to add a new OGD extension. 05.11.99.1301.08 - Animal urine, other than used in the preparation of pharmaceutical products, including baits and lures; other animal body fluids not elsewhere specified or included. - Porcine (swine…