Trade News

16 June 2009 Provinces have only themselves to blame for Buy American woes The following is extracted from the 16 June 2009 edition of “globeandmail.com”. It should have been a historic moment: Ten provinces and Ottawa united in wanting a sweeping reciprocal agreement with the United States to open…

16 June 2009 Certain waterproof footwear, Statement of reasons STATEMENT OF REASONS concerning the making of preliminary determinations with respect to the dumping of certain waterproof footwear originating in or exported from the People's Republic of China and Vietnam. DECISION Pursuant to…

16 June 2009 Damage to local economy 'unfortunate': Van Loan The following is excerpted from the 15 June 2009 edition of the “Cornwall Standard Freeholder”. The local economy takes a backseat to public safety for Peter Van Loan when it comes to finding a solution to re-open the Seaway International…

16 June 2009 Carney assails Canadian banks' cash hoard The following is excerpted from the 16 June 2009 edition of “globeandmail.com”. Bank of Canada Governor Mark Carney has argued for months that investors are needlessly forcing banks to maintain outsized capital buffers. Now he has some harder…

16 June 2009 Ontario wilting but poised to bloom Again The following is extracted from the 16 June 2009 edition of “The Star”. Ontario's economy sank even deeper into recession than expected this year, but a turnaround is on the horizon, the Royal Bank of Canada said in its latest economic report…

16 June 2009 ‘We have a plan' to return to surplus: Flaherty The following is excerpted from the 16 June 2009 edition of “globeandmail.com”. Finance Minister Jim Flaherty insisted he has a viable plan to return the federal government to surplus, stressing that much of his recession-fighting spending…

16 June 2009 Keep Aldergrove [BC] crossing open The following is excertped from today's edition of "The Province". Is there no limit to bureaucratic irrationality? Or, as Greater Langley Chamber of Commerce executive-director Lynn Whitehouse so aptly puts it: "Have you ever heard of such a bone…

16 June 2009 Study Highlights Need to Modernize Freight Transportation System The following is excerpted from today's edition of ST&R's “WorldTrade Interactive”. The RAND Corporation released recently a study finding that the long-term efficiency and effectiveness of the U.S. freight transportation…

16 June 2009 Emerging Economic Powers Meet in Russia The following is extracted from today's edition of “The New York Times”. Leaders of some of the world’s most powerful economies gathered Tuesday to discuss how they can exert more control over the global financial system as it takes its first…

16 June 2009 Blogging Security The following blog post is by William B. Cassidy, and appears in the 15 June 2009 edition of “The Journal of Commerce”. Not to be outdone by the Department of Transportation, the Department of Homeland Security now has its own blog. The Blog @ Homeland promises "an…

16 June 2009 Citigroup, World Bank Partner to Boost Trade The following is excerpted from the 16 June 2009 edition of “The Journal of Commerce”. Citigroup and the World Bank have launched a $1.25 billion funding facility that will help banks in emerging markets extend financing to local importers…

16 June 2009 A new role as 'risk regulator' could reshape U.S. Fed The following is excerpted from the 16 June 2009 edition of “globeandmail.com”. The Obama administration's plan to revamp regulation and prevent any more crashes like those that felled AIG and Lehman Brothers includes a bold new idea…

16 June 2009 China Warns of Slow Recovery The following is excerpted from the 16 June 2009 edition of “The Journal of Commerce”. Sounding a note of caution about prospects for a rapid economic recovery, Vice President Li Keqiang said Tuesday that China will maintain its relatively loose monetary…

16 June 2009 U.S., Mexico seek common customs form The following is excerpted from the 16 June 2009 edition of “American Shipper”. The United States and Mexico committed … to expand collaborative efforts to increase security along the border while easing the flow of legitimate travel and trade…

16 June 2009 Trade is Tonic for Troubled Economy, UPS Chief Says The following is excerpted from the 16 June 2009 edition of “The Journal of Commerce”. Only global trade will pull the economy out of recession, but the framework for global trade will have to change, says the chairman and CEO of…

15 June 2009 Harper should appeal to Obama, exporters say The following is extracted from the 15 June 2009 edition of “globeandmail.com”. Prime Minister Stephen Harper is coming under pressure to appeal directly to President Barack Obama to exclude Canada from his economic stimulus program's Buy…

15 June 2009 Canada must shift gears eastward The following article, by Rana Sarkar, president and executive director of the Canada-India Business Institute, is excerpted from the 15 June 2009 edition of “globeandmail.com”. It is a truth universally acknowledged that the global economic centre of…

15 June 2009 CBSA Message: CBSA System Outage, 13-14 June 2009 The following message is from CBSA (EDI09-054). Please be advised that the outage of CBSA commercial automated systems that occurred on June 13 and 14, 2009 was caused by an electrical problem in one of our buildings. Access to ACROSS…

15 June 2009 Chicken & Chicken Products TRQ, Quota Holders Lists Tariff Rate Quota (TRQ) utilization tables for 2009 and the Chicken Quota Holders Lists are available on the DFAIT website at: http://www.international.gc.ca/controls-controles/prod/agri/chicken-pou….

15 June 2009 Minister Day Promotes Canada’s Asia-Pacific Gateway The following is excerpted from the 12 June 2009 news release by DFAIT. The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, today launched an international advertising campaign…