Trade News

31 March 2009 Goods and services tax/harmonized sales tax filing: quick and easy The following tax tip is from CRA. Did you know... That you can file your goods and services tax/harmonized sales tax (GST/HST) return electronically from your home or office? Eligible registrants can use the access…

31 March 2009 1930s-style collapse averted, OECD says The following is excerpted from today's edition of "Toronto Star". Haunted perhaps by the ghost of former U.S. President Herbert Hoover, global leaders have steered the world away from a 1930s-style Great Depression by a "very, very, high level…

31 March 2009 World Bank to create $50 billion trade fund The following is excerpted from today's edition of "Financial Post". The World Bank announced a $50 billion program on Tuesday to counter a decline in global trade and Britain called on G20 leaders to supply "the oxygen of confidence" to save…

31 March 2009 China to Raise Export Tax Rebates The following was reported on in the March 29th edition of "The Journal of Commerce". Beginning April 1, the Chinese government will increase tax rebate rates on selected exports. The change should make China’s massive economic stimulus plan more…

31 March 2009 Lacey Act Declaration Enforcement Delayed, Filing Procedures Clarified The following was reported on in today's edition of ST&R's "World Trade Interactive". The Department of Agriculture has issued a notice updating the trade community on the implementation of the import declaration…

30 March 2009 Canadian manufacturers, exporters gain optimism The following article is excerpted from the 27 March 2009 edition of “Canadian Transportation & Logistics”. The most recent Business Conditions Survey conducted by the Canadian Manufacturers and Exporters indicates there’s growing…

30 March 2009 Certain Stainless Steel Wire, RR-2008-004, Statement of Reasons Concerning a determination under paragraph 76.03(7)(a) of the Special Import Measures Act regarding CERTAIN STAINLESS STEEL WIRE ORIGINATING IN OR EXPORTED FROM INDIA, THE REPUBLIC OF KOREA, SWITZERLAND AND THE UNITED…

30 March 2009 Tariff Update in French, Zipped MS Access Files Further to message on Friday, the tariff amendment containing statistical amendements is now available in French. The zipped MS Access file is available at: http://www.cscb.ca/listinfo/01-99FRE.zip. Please note, these changes come into…

30 March 2009 Government of Canada moves to expand publicly funded border services at airports The following news release was issued today by Public Safety Canada. The Honourable Peter Van Loan, Minister of Public Safety, today announced that the Government of Canada is investing money in expanding…

30 March 2009 Certain softwood lumber products from Canada The following notice was posted in the 28 March 2009 edition of “The Canada Gazette”, Part I. Notice is hereby given, pursuant to subrule 78(b) of the NAFTA Article 1904 Panel Rules, that the binational panel review of the final results of…

30 March 2009 Report exposes lax storage of drugs, firearms seized at border This article is excerpted from the 30 March 2009 edition of “globeandmail.com”. Illegal drugs seized at the border - including hashish, methadone and steroids - are winding up in landfills because Canada's border guards don…

30 March 2009 Harper sells Canada's strong banks as example for the world The following article is excerpted from the 30 March 2009 edition of “globeandmail..com”. Prime Minister Stephen Harper says the G20 should see Canada as one of the healthiest economies in the world - where citizens won't face…

30 March 2009 Canada vulnerable to outbreaks, bioterrorism: Report The following article is extracted from the 29 March 2009 edition of the “Toronto Star”. A retired food inspector is warning lax meat import rules leave Canada vulnerable to bioterrorism and outbreaks of dangerous bacteria such as…

30 March 2009 Bill C-52 vs. Proposed Canada Consumer Product Safety Act The following information was provided by Health Canada. On January 29, 2009, the government has tabled Bill C-6 (the Proposed Canada Consumer Product Safety Act). The full text and status of Bill C-6 can be found at: http://www…

30 March 2009 Carney urges system-wide banking reform This article is excerpted from the 30 March 2009 edition of “globeandmail.com”. The G20 powers meeting in London this week should take an approach to financial regulation reform that looks at the system as a whole and the interaction between…

30 March 2009 CBP to Withdraw Proposal to Amend Duty Provisions for Foreign Repairs, Alterations or Processing This article is extracted from the 30 March 2009 edition of “WorldTrade Interactive”. In a notice to be published in the Federal Register on Mar. 30, U.S. Customs and Border Protection will…

30 March 2009 OECD to slash growth forecast This article is extracted from the 30 March 2009 edition of the “Toronto Star”. The global financial crisis will hit economies hard, with growth faltering more than expected and unemployment set to reach double digits in many developing and advanced…

30 March 2009 Expectations lowered ahead of G20 summit This article is excerpted from the 30 March 2009 edition of the “Toronto Star”. Britain, which once portrayed the London summit as a chance to save the global economy, is dampening expectations and papering over divisions among the G20 nations…

30 March 2009 Mexican Truck Legislation Due in April This article is excerpted from the 30 March 2009 edition of “The Journal of Commerce”. The [US] Department of Transportation should have legislation drafted to allow Mexican trucks to operate in the United States by the time President Obama visits…

30 March 2009 A.T. Kearney Forecasts Chinese Surplus to Drop This article is excerpted from the 26 March 2009 edition of “The Journal of Commerce”. China's trade surplus will continue to decline despite the Chinese government's various initiatives to bolster its exports, the chairman of global…