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Local delegation headed to Ottawa

11 June 2009 Local delegation headed to Ottawa The following is excerpted from the 10 June 2009 edition of the “Cornwall Standard Freeholder”. There's a potential bright spot peeking through the darkening clouds of the bridge closure. Cornwall Mayor Bob Kilger told the Standard-Freeholder he has a…

Scuppered Projects Resurfacing

11 June 2009 Scuppered Projects Resurfacing The following is written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Booming commodity prices led to announcements of sizable mineral investment projects in recent years. The commodity bust saw many immediate project…

[US] Business, Foreign Governments Raising...

11 June 2009 [US] Business, Foreign Governments Raising Concern on “Buy American” Requirements The following appeared in today's edition of ST&R's "WorldTrade Interactive." Domestic business groups and foreign governments are cautioning the U.S. against the proliferation of “Buy American” provisions…

Ottawa to seek biometric data on visitors

11 June 2009 Ottawa to seek biometric data on visitors The following is excerpted from today's edition of "globeandmail.com" . A top U.S. executive in the biometrics industry says Canadians need to be vigilant as Ottawa embraces fingerprint and face recognition technology at its borders and in…

IMF Ups 2010 Growth View

11 June 2009 IMF Ups 2010 Growth View The following is excerpted from today's edition of the "New York Times". The International Monetary Fund has revised its 2010 growth forecast sharply upwards, a source said on Thursday, and surging Chinese investment in May fuelled hopes of a global recovery…

CBSA Message: Tariff Update in CADEX Later Today

10 June 2009 CBSA Message: Tariff Update in CADEX Later Today The following message is from CBSA (EDI09-050). Please be advised the changes outlined in Tariff Amendment package T2009-4 will be updated in the Customs Commercial System (CCS) by end of day today, June 10, 2009. For your information…

Canada and World Bank Finalize US$200 Million....

10 June 2009 Canada and World Bank Finalize US$200 Million to Support Global Trade Finance The following is excerpted from the 9 June 2009 news release by Finance Canada. The Honourable Jim Flaherty, Minister of Finance, and Robert B. Zoellick, World Bank Group President, today signed an agreement…

Team Canada storms U.S. in war on 'Buy American'

10 June 2009 Team Canada storms U.S. in war on 'Buy American' The following is excerpted from today's edition of “The Star”. As Canadian diplomats storm Washington in a bid to "contain the contagion" of Buy American protectionism, they are finding friends among Stateside groups anxious to keep trade…

Canadian ports refute U.S. subsidy allegations

10 June 2009 Canadian ports refute U.S. subsidy allegations The following is excerpted from today's edition of “The Star”. Canada's port operators are scratching their heads at allegations coming from south of the border that they are receiving government subsidies that may contravene international…

Colombia to ask MPs to ratify free trade

10 June 2009 Colombia to ask MPs to ratify free trade The following is excerpted from today's edition of “globeandmail.com”. Colombian President Alvaro Uribe will press Canadian MPs today to ratify a free-trade deal with his country, but his target is Michael Ignatieff's Liberal Opposition, not the…

Canada’s Trade Balance slips to deficit

10 June 2009 Canada’s Trade Balance slips to deficit The following is extracted from today's edition of “globeandmail.com”. Canada's trade balanced dropped back into a deficit position in April, as exports slid steeply and imports dropped slightly. Economists had been expecting a $1-billion surplus…

Trade Community Expresses Concerns on

10 June 2009 Trade Community Expresses Concerns on Importer Security Filing Requirement The following is excerpted from today's edition of “WorldTrade Interactive”. Businesses, trade associations, foreign governments and multilateral organizations have registered a number of concerns regarding U.S…

DOT May Allow Canadian Motor Carriers to Use...

10 June 2009 DOT May Allow Canadian Motor Carriers to Use Canadian Insurance The following is excerpted from today's edition of “WorldTrade Interactive”. The [US] Department of Transportation’s Federal Motor Carrier Safety Administration is proposing to allow Canada-domiciled carriers to maintain…

WTO Head Sees Doha Trade Deal by 2010

10 June 2009 WTO Head Sees Doha Trade Deal by 2010 The following is excerpted from today's edition of “The Journal of Commerce”. World Trade Organization head Pascal Lamy said Tuesday that senior U.S. and Indian trade representatives agreed to "reset" the long-delayed Doha Round of trade talks…

Russia Changes Its WTO Strategy

10 June 2009 Russia Changes Its WTO Strategy The following is excerpted from the 10 June 2009 edition of “The Wall Street Journal”. Russian Prime Minister Vladimir Putin said Moscow will pull its long-delayed application to join the World Trade Organization and reapply as part of a bloc with…

U.S. Trade Deficit Widens as Exports Fall Again

10 June 2009 U.S. Trade Deficit Widens as Exports Fall Again The following is extracted from the 10 June 2009 edition of “The New York Times”. As oil prices march higher, the United States trade deficit is again widening as consumers spend more on gasoline, the government reported on [10 June]. The…

Softwood Lumber Permits Correction Period, May 09

9 June 2009 Softwood Lumber Permits Correction Period, May 2009 Brokers are advised that the correction period for May 2009 Softwood Lumber permits ends Tuesday, 09 June 2009, at 18:00 ET. We remind you of the importance of submitting correct information on permits as this is imperative to the…