Trade News

12 August 2009 Update to CFIA AIRS website a) Chapter 44 was published to change the release recommendation from "Approved" to "Refer to CFIA-ISC" for the following HS codes from California and Oregon. 44.01.21.0121.98 - Other forest species than tropical, none regulated tree species - conifer -…

12 August 2009 It’s All About Inflation Again The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Kudos to everyone! Consumer prices have tumbled rapidly, and are declining in most large countries – but hardly anyone is talking deflation. That’s…

12 August 2009 U.S. trade deficit widens slightly The following is excerpted from today's edition of "globeandmail.com". The U.S. trade deficit edged up slightly in June as imports rose for the first time in 11 months, another sign that the worst recession since the Second World War is beginning to…

12 August 2009 Tide of 'Buy American' sweeping across U.S. The following is excerpted from today's edition of "The Star". Eugene Delgaudio wants to get a few things out of the way before he begins to say anything about bilateral trade. Delgaudio, a member of the board of supervisors of Loudoun…

11 August 2009 Obama downplays trade rift The following is excerpted from the 11 August 2009 edition of “The Star”. Barack Obama says he is willing to work with Canada to reduce the damage from protectionist U.S. trade policies, but says the so-called Buy American policy should not ruin strong…

11 August 2009 Harper in Panama to sign free-trade deal The following is extracted from the 11 August 2009 edition of “globeandmail.com”. Agreement part of effort to forge deeper ties in Central and South America Prime Minister Stephen Harper has detoured from his trip home following the Three…

11 August 2009 CRA Form B256, Application for Refund/Deduction Members can access CRA’s updated form B256, Application for Refund/Deduction on the CRA website at: http://www.cra-arc.gc.ca/E/pbg/ef/b256/b256-09e.pdf

11 August 2009 [US] Export Control Bill Seeks to Improve AES, Tighten Enforcement The following is excerpted from the 11 August 2009 edition of “WorldTrade Interactive”. Rep. Brad Sherman, D-Calif., introduced recently the Export Control Improvements Act (H.R. 3515), a bill similar to but different…

11 August 2009 For Asia, Data Shows a Slow Climb Out of Recession The following is extracted from the 11 August 2009 edition of “The New York Times”. Has Asia’s economic recovery reached a turning point? Recent economic data, some unexpectedly good results from companies around the region, early…

10 August 2009 "Three Amigos" Mexico Summit to Focus on Trade The following is excerpted from the 9 August 2009 edition of “The New York Times”. Leaders of the United States, Mexico and Canada … begin a summit on Sunday in Mexico to talk about simmering trade issues and the threat of drug gangs…. At…

10 August 2009 Update to CFIA AIRS website a) Chapter 06 was published to add the following condition to the phytosanitary certificate: "This shipment has been pre-cleared and conforms to the requirements of the Netherlands Dormant Perennials and Flower Bulbs Pre-Clearance Program Workplan" for the…

10 August 2009 Canada plays catch-up in race for trade with China The following is excerpted from today's edition of “globeandmail.com”. When the world's biggest import market crashed last year and economists advised Canadian exporters to chase growth in emerging markets, Winnipeg plastics…

10 August 2009 Continental divide will overshadow summit The following is excerpted from the 8 August 2009 edition of “The Star”. Conspiracy theories die so hard that the one about secret plans to unify the continent may survive the North American summit ...in Mexico. With the real agenda on life…

10 August 2009 Tobacco Stamping Regime to Deter Contraband Tobacco The following background information was issued by Finance Canada on 6 August 2009. Under the current federal tobacco stamping regime, stamps or tear tapes (i.e., a coloured ribbon that is wrapped around a cigarette package) are…

10 August 2009 Flaherty urges China to cash in with Canada This article is excerpted from the 10 August 2009 edition of the “Toronto Star”. Canada's banks are on display in China this week as Finance Minister Jim Flaherty tries to woo officials there. Flaherty told reporters from Beijing he hopes…

10 August 2009 Obama, Calderon and Harper say they will work to promote global competitiveness The following article is excerpted from the 10 August 2009 edition of “blog.Cleveland.com”. Targeting the long and painful recession, President Barack Obama said Monday that he and the leaders of Mexico…

10 August 2009 [US] Customs Reauthorization Bill Emphasizes Customs Facilitation, Trade Enforcement The following is extracted from the 10 August 2009 edition of ST&R's “WorldTrade Interactive”. Senate Finance Committee Chairman Max Baucus, D-Mont., and Ranking Member Charles Grassley, R-Iowa…

10 August 2009 Bersin in line for top CBP post The following is excerpted from the 7 August 2009 edition of “American Shipper”. The White House, at the recommendation of Homeland Security Secretary Janet Napolitano, is expected within days to recommend that President Barack Obama nominate Alan…

10 August 2009 Fed to stand pat on rates This article is excerpted from the 10 August 2009 edition of the “Toronto Star”. With the [US] economy strengthening but still fragile, Federal Reserve policymakers are expected to hold a key lending rate at a record low this week and will weigh whether to…

7 August 2009 Update to SIMA Monthly Index The SIMA Monthly Index has been updated, and is available on the CBSA website at: http://www.cbsa-asfc.gc.ca/sima-lmsi/mi-im-eng.html.