Trade News

8 April 2009 10 Ways to Reduce the Cost and Risk of Global Trade Management This article, by Melissa Irmen, vice president for products and strategy at Integration Point Inc., is extracted from the 8 April 2009 edition of “The Journal of Commerce”. In today’s uncertain times, one thing remains…

8 April 2009 D15-2-53, Certain thermoelectric coolers and warmers originating in or exported from the People's Republic of China Application of anti-dumping and countervailing duties This memorandum refers to the application of anti-dumping and countervailing duty to importations of thermoelectric…

8 April 2009 Banks press accounting body to adopt U.S. rules This article is excerpted from the 8 April 2009 edition of “globeandmail.com”. Canada's big banks are pushing the country's accounting czars to adopt U.S.-style reforms that would make it easier for financial institutions to avoid taking…

8 April 2009 Which road do we follow? The following article is excerpted from the 8 April 2009 edition of the “Toronto Star”. As Canadians hunker down and wait out the recession, economists are already sifting through the avalanche of bad news for early glimmers of hope. Some are looking for signs…

8 April 2009 Canada Disputes U.S. Import Tax on Lumber This article is excerpted from the 7 April 2009 edition of “The Journal of Commerce”. Canada is disputing the 10 percent duty slapped on some United States imports of Canadian lumber, said Trade Minister Stockwell Day only hours after the…

8 April 2009 “10+2” filings late 70% of time This article is excerpted from the 7 April 2009 edition of “American Shipper”. U.S. importers and their agents are required to electronically file detailed data about cargo shipments 24 hours prior to vessel loading in a foreign port, but less than one…

8 April 2009 OECD Says Advanced Developing Countries Need “Second Generation” Trade Reforms This article is extracted from the 8 April 2009 edition of “WorldTrade Interactive”. A recent policy brief from the Organization for Economic Cooperation and Development posits that trade reforms have aided…

7 April 2009 CP prepares for further line closures in southern Manitoba Significant flooding has caused the closure of CP's lines from Emerson to Winnipeg, MB. Traffic has been embargoed around the border crossing at Noyes/Emerson with traffic being rerouted over the Portal gateway. The Manitoba…

7 April 2009 Export Certification Requirements for Denmark The export certification requirements for Denmark (EU) are now available on the CFIA website at: http://www.inspection.gc.ca/english/fssa/fispoi/export/cert10/dendane.s…. Please note, separate certificates are required for cooked and raw…

7 April 2009 The Anti-Counterfeiting Trade Agreement DFAIT has published overview information regarding Anti-Counterfeiting Trade Agreement (ACTA). The following describes the objectives of ACTA and border measures under discussion. The ACTA initiative aims to establish international standards for…

7 April 2009 'Recent rulings' on CBSA website In addition to the recent website navigation improvements, the CBSA also added a ‘Recent rulings’ section to its Advance Rulings for Tariff Classification page at: http://cbsa-asfc.gc.ca/import/ar-da/menu-eng.html. The five most recent rulings are posted…

7 April 2009 Canada and U.S. to Renew Joint Clearance Talks The following is excerpted from today's "Journal of Commerce". The U.S. and Canada will take another look at stationing customs officers in each other’s country to clear goods before they arrive at the border. The Obama administration made…

7 April 2009 In Search of Tax Excellence: CFIB Report The Canadian Federation of Independent Business (CFIB) has produced an index to gauge the competitiveness level of provincial tax systems. The unique aspect of CFIB’s research is that it examines elements of the provincial tax system through the…

7 April 2009 CRA forms: Softwood Lumber Products Export Charge Return Members are advised the B275, Softwood Lumber Products Export Charge Return form is now available on the CRA website as follows: English: http://www.cra-arc.gc.ca/E/pbg/tf/b275/b275-09e.pdf Francais: http://www.cra-arc.gc.ca/F/pbg…

7 April 2009 Can We Trust the G-20? Maybe. The following was written by Paul Taylor, a Reuters columnist, for 6 April 2009 edition of "New York Times". Promises, promises. The last time world leaders pledged not to take protectionist measures during the financial crisis, 17 of the 20 signatory…

7 April 2009 New ACE Features to Facilitate Information-Sharing Nationwide The following news release was issued on 6 April 2009 by CBP. Enhancing efficiency ACE portal importer account holders will have the option to receive and respond to CBP Forms 28, 29 and 4647 electronically through the ACE…

7 April 2009 Canadian Offer to Remedy Lumber Pact Violation Rejected The following was reported on in today's ST&R's "World Trade Interactive". U.S. Trade Representative Ron Kirk announced that the U.S. will not accept an offer by Canada that seeks to remedy a violation of the 2006 Softwood Lumber…

6 April 2009 EICS: Easter Holiday, 10-13 April 2009 Friday, 10 April and Monday, 13 April are designated government holidays, and the Bureau's offices will be closed (no officers or Help Desk staff will be available). The EICS system will be available Friday 04:00 - 24:00; Saturday from 04:00 to 20…

6 April 2009 Canada Pledges WTO Action if EU Bans Seal Products The following is excerpted from the 3 April news release by DFAIT. The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, said today that the Government of Canada will launch a World…