Trade News

22 January 2009 D14-1-2, Disclosure of Normal Values, Export Prices, and Amounts of Subsidy Established Under the Special Import Measures Act to Importers This memorandum outlines and explains the policy respecting the release of normal values, export prices and amounts of subsidy to importers…

22 January 2009 CITT Appeals, Decisions Pending Appeal No., Appeal Name, Act AP-2005-043, Dynamic Furniture Corp., Customs Act AP-2006-063, Fenwick Automotive Products Limited, Customs Act AP-2007-007, A & G Inc. dba Alstyle Apparel, Customs Act AP-2007-009, Sigvaris Corporation, Customs Act AP-2007…

22 January 2009 EICS Interruption TODAY at 20:00 EST The following is a bulletin from EICS issued on 22 January 2009. DFAIT will be making an emergency technical adjustment to the EICS system between 20:00 and 21:00 EST TODAY. The system will be unavailable during this period, and any active…

22 January 2009 Softwood Lumber Quota Allocations, February 2009 Softwood Lumber interim quota allocations for February 2009 are now available in EICS. Please be advised that the volume available currently represents 80% of the actual February allocation.

22 January 2009 Low debt load will help us weather recession The following is excerpted from the 22 January 2009 edition of “globeandmail.com”. It can't save us from recession, but it will certainly reduce the pain. Canada's low debt burden - among governments, businesses and households alike -…

22 January 2009 Don’t Disregard Demography The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Concerns about the current path of the world economy have analysts and strategists transfixed on the latest monthly data releases, and with just cause…

22 January 2009 China says economic slowdown worsening The following is excerpted from the 21 January 2009 edition of “globeandmail.com”. China's economic slump deepened in the final quarter of 2008 as the impact of the global financial crisis worsened, adding to the threat of more heavy job losses…

22 January 2009 EU Issues Plan to Boost Maritime Transport The following was reported on in the 21 January 2009 edition of “New York Times”. The European Commission has announced a plan to boost employment and save euro 2.4 billion ($3.1 billion) by cutting red tape in the EU maritime transport…

22 January 2009 Trade boosts optimism of small business: UPS survey The following was reported on in the 21 January 2009 edition of “Journal of Commerce”. A large majority of small-business owners remain optimistic about their company’s financial future despite the current economic crisis, according…

22 January 2009 White House order may delay 10+2 import rule The following is excerpted from the 22 January 2009 edition of “Journal of Commerce”. A White House order to federal agencies to halt work on pending regulations may affect the timing of Customs and Border Protection's Importer Security…

21 January 2009 Notice of Extension, Laminate Flooring On October 23, 2008, the CBSA initiated a re-investigation of the normal values and export prices respecting laminate flooring in thickness ranging from 5.5mm to 13mm (other than laminate hardwood flooring where the hardwood component exceeds…

21 January 2009 What he means for us This article, written by Michael Kergin and Allan Gotlieb, senior advisers to the law firm Bennett Jones LLP, and former Canadian ambassadors to the United States, appears in the 21 January 2009 edition of “globeandmail.com”. Expectations for the Obama presidency…

21 January 2009 Update to CFIA AIRS website Chapter 07 was published to add new OGD extensions. 07.09.51.3027 - Cultivated mushroom 07.09.51.3028 - Wild mushroom This created requirement version changes for the following HS Codes. 07.09.59.0000.00 - Mushrooms and truffles : Other 07.09.59.3024 -…

21 January 2009 Update to CFIA AIRS website Chapter 01 was published to change the recommendation from "Refer to CFIA - veterinary inspection" to "CBSA Inspection" for the following HS codes and end use "Canadian or American horse returning to Canada" with the miscellaneous: "Single level trailer"…

21 January 2009 Outlook dims as rates fall to record low The following article is extracted from the 21 January 2009 edition of “globeandmail.com”. The Bank of Canada has cut its key interest rate to a record low, warning of a deepening recession that is hitting the country on many fronts – a bleak…

21 January 2009 Canada and India vow to deepen ties This article is excerpted from the 21 January 2009 edition of “globeandmail.com”. Canada and India have agreed to launch talks aimed at negotiating a free-trade agreement as the two countries seek to warm up a bilateral relationship that has…

21 January 2009 Wholesale trade declines on falling demand for exports This article is excerpted from the 21 January 2009 edition of “globeandmail.com”. Canadian wholesale trade declined by 1.6 per cent in November from October on lower demand for exports and weaker sales in Canada… . The drop – the…