Trade News

12 March 2009 Certain Stainless Steel Wires, Expiry Review No.: RR-2008-004 On November 12, 2008, the Canadian International Trade Tribunal (Tribunal), pursuant to subsection 76.03(3) of the Special Import Measures Act (SIMA), initiated an expiry review of its findings made July 30, 2004, in Inquiry…

12 March 2009 CBSA Message: CFIA HS Codes Update The following message is from CBSA (EDI09-021 Amendment). Please disregard the previous email relating to the changes to the list of HS codes subject to CFIA requirements. As a result, the ACROSS system and CBSA website will NOT be updated Friday…

12 March 2009 Update to CFIA AIRS website Chapter 07 was published to add the conditions for "soil and without soil" for the following HS Codes from the Continental USA. 07.05.11.3027 - Iceberg lettuce 07.05.19.3025 - Asian lettuce (fresh or chilled) 07.05.19.3028 - Other: Romaine lettuce, red leaf…

12 March 2009 Paying For All the Stimulus The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. “In the long run we are all dead”. In that short quip, John Maynard Keynes famously criticised the hands-off attitude of policy-makers in the 1930s…

12 March 2009 Canada feeling U.S. downturn, RBC says The following is excerpted from today's edition of "Financial Post". The sharp decline of the U.S. economy is taking a toll on Canadian businesses and consumers, a new report released Thursday says, but growth is expected to resume through the…

12 March Chinese group warns of trade backlash The following is excerpted from today's edition of "globeandmail.com". A Chinese industry group is warning of a trade backlash against Canada's exporters after Ottawa imposed anti-dumping duties against Chinese aluminum products. In a letter to Canada's…

12 March 2009 Certain backed aluminium foil – Request to eliminate duty The Department of Finance is currently reviewing a request for the removal of the customs duties on imports of backed aluminium foil of a thickness of less than 0.127 mm, not printed and not embossed, which is classified under…

12 March 2009 Certain yarn for use in manufacture of fabrics for high temperature emission hoses for the automotive market - Request to eliminate duty The Department of Finance is currently reviewing a request to eliminate the duty on certain yarn for use in the manufacture of fabrics for high…

12 March Trade facilitation -- time for change On second thought... The following was written by Jost Dietmar for March 11th edition of "American Shipper". Trade facilitation has become a rich men’s club! Common sense tells us trade facilitation measures should aim to lower the cost for industry to…

11 March 2009 2009 Turkey & Turkey Products Quota Holders' List The turkey & turkey products quota holders' list for 2009 is now available on the EICS website at: http://www.international.gc.ca/controls-controles/prod/agri/turkey-dind….

11 March 2009 Update to CFIA AIRS website Chapter 24 was published to change the release recommendation from "Refer to CFIA-ISC" to "Approved" for the following HS Codes with the end use of "Canadian goods returning to Canada". 24.01.10.0001 - Tobacco, not stemmed or not stripped (i.e. whole plant…

11 March 2009 Despite assurances, Buy American lives This article is excerpted from the 11 March 2009 edition of “globeandmail.com”. Buried deep in the Water Quality Investment Act of 2009 – a proposed piece of U.S. legislation that would grant billions to state and local governments – Buy American…

11 March 2009 How to slay the ‘Great Recession' This article is excerpted from the 11 March 2009 edition of “globeandmail.com”. THE UNITED STATES: For the Americans, the priority is to get credit flowing again. Their Job One is to free up the movement of money - preferably through co-ordinated…

11 March 2009 Brace for sharp slump, IMF warns Canada The following article is extracted from the 11 March 2009 edition of “globeandmail.com”. Canada's economy will likely contract rapidly in the next few months, putting pressure on bank credit, especially in the West, the International Monetary…

11 March 2009 ‘Less than a depression, but greater than a recession,' DBRS sees This article is extracted from the 11 March 2009 edition of “globeandmail.com”. Government stimulus packages are “unlikely to have a perceptible impact this year,” says credit rating agency DBRS. It said Wednesday that…

11 March 2009 Mr. Obama’s Trade Agenda This article is extracted from the 11 March 2009 edition of “The New York Times”. In tough times, there is a strong temptation to turn inward. With so many Americans already out of work, why shouldn’t the country raise trade barriers to protect its workers from…

11 March 2009 [US] House Food Safety Bill Imposes New Requirements on Imports This article is excerpted from the 11 March 2009 edition of “WorldTrade Interactive”. Reps. Adam Putnam, R-Fla., and Jim Costa, D-Calif., introduced March 5 legislation that would establish new food safety requirements for…

11 March 2009 Conflicting Signals About the Chinese Economy This article is excerpted from the 11 March 2009 edition of “The New York Times”. China’s exports plunged by a record 25.7 percent last month but investment spending surged as the country’s stimulus program took hold, Beijing authorities…

11 March 2009 [US] Commission publishes final rule on lead content in children’s products This article is extracted from the 11 March 2009 edition of “The Journal of Commerce”. The [US] Consumer Product Safety Commission published a final rule outlining the steps [US] importers and manufacturers…

11 March 2009 Global recession deepening, Geithner says This article is excerpted from the 11 March 2009 edition of “globeandmail.com”. U.S. Treasury Secretary Timothy Geithner says the global recession is deepening. He called for strong actions by all major countries to combat the economic downturn…