Trade News

22 December 2008 Consumer confidence lowest in a quarter century The following article is extracted from the 22 December 2008 edition of “globeandmail.com”. Consumer confidence has sunk for the third consecutive month, with Canadians fretting about the economy, their personal financial situations…

22 December 2008 Obama Names Former Dallas Mayor as U.S. Trade Representative This article is excerpted from the 22 December 2008 edition of ‘WorldTrade Interactive”. President-elect Barack Obama has selected former Dallas mayor Ron Kirk to be U.S. trade representative in his administration…

22 December 2008 Japan recession deepens, China cuts rates This article is excerpted from the 22 December 2008 edition of “globeandmail.com”. China cut its benchmark lending and deposit rates on Monday and Japan warned it was sliding deeper into a recession that is encroaching on the global economy…

19 December 2008 Aluminum Extrusions, NQ-2008-003; Determination on Classes of Goods On October 17, 2008, the Canadian International Trade Tribunal (the Tribunal) determined that there was evidence that disclosed a reasonable indication that the dumping and subsidizing of the subject goods had…

19 December 2008 Environmental Assessments of two FTAs The Government of Canada will undertake a Strategic Environmental Assessment (EA) of the negotiations for a Canada-Dominican Republic Free Trade Agreement (FTA). For details, please visit: http://www.international.gc.ca/consultations/active…

19 December 2008 Environmental Assessment Reports of two FTAs Canada-CARICOM Free Trade Agreement (FTA) Initial Environmental Assessment of the Canada-CARICOM FTA negotiations has been conducted. The report on the Initial Environmental Assessment is now released for a 60 day public consultation…

19 December 2008 PIH/TIH: $1000 per car per day Demurrage on Inland Customs Holds The following notice is from Canadian Pacific Railway. For cars loaded with a Poison Inhalation Hazard (PIH) or a Toxic Inhalation Hazard (TIH) that are put on Hold due to a Customs Issue that is attributable to the…

19 December 2008 Flaherty gives banks deadline to lend more The following is excerpted from the 19 December 2008 edition of “globeandmail.com”. Finance Minister Jim Flaherty delivered the banks a deadline of just a few weeks to get more loans out into the sagging economy, prompting the banks to…

19 December 2008 Flaherty picks team to help shape budget The following is excerpted from the 19 December 2008 edition of “globeandmail.com”. Finance Minister Jim Flaherty has reached out beyond his usual coterie of advisers to get help in crafting the crucial January budget that will spell out how…

19 December 2008 Harper says deficit could hit $30 billion The following is excerpted from the 19 December 2008 edition of “Toronto Star”. Prime Minister Stephen Harper plans a major stimulus package to rescue the economy that will drive the federal budget deficit to between $20 billion and $30…

19 December 2008 Canadian aid could reach more than $4-billion The following is excerpted from the 19 December 2008 edition of “globeandmail”. Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty will unveil details Saturday of an auto aid package expected to reach into the billions of…

19 December 2008 Too Big to Fail? The following article was written by Mr. Michael Burt, Associate Director, Industrial Outlook, Trade & Investment, Conference Board of Canada. There is certainly one business activity that has been spurred as a result of the global financial crisis and resultant…

19 December 2008 Basham to remain CBP chief through spring The following is excerpted from the 18 December 2008 edition of “American Shipper”. Ralph Basham has decided to postpone retirement for several months and stay on the job as commissioner of U.S. Customs and Border Protection at the request…

19 December 2008 U.S. unveils $17.4-billion in emergency auto rescue package The following is excerpted from the 18 December 2008 edition of “globeandmail”. Citing danger to the national economy, the Bush administration approved an emergency bailout of the U.S. auto industry Friday, offering $17.4…

19 December 2008 Trade and investment as environment protectors The following article was written by the ICC Secretary General Guy Sebban for Warsaw Business Journal upon conclusion of the UN Climate Change Conference in Poznan, Poland. The United Nations climate change conference in Poznan came at…

18 December 2008 Update on Export of Fish Products to the Russian Federation Further to the Industry Notice " Update on the ongoing negotiations with the Russian authorities regarding exportation of fish products from Canada to the Russian Federation" of December 3, 2008, please be advised that the…

18 December 2008 Update on Export of Fish Products to the Russian Federation Further to the Industry Notice " Update on the ongoing negotiations with the Russian authorities regarding exportation of fish products from Canada to the Russian Federation" of December 3, 2008, please be advised that the…

18 December 2008 CN Message: Temporary Schedule Change due to Intense Cold The following message is from CN Intermodal. Due to continuing severe cold weather in Western Canada, CN will temporarily increase transit schedules for Intermodal traffic moving to Ports in British Columbia. Transit time has…

18 December 2008 Update to CFIA AIRS website Chapter 06 was published to add New Brunswick and Nova Scotia to requirement number 41487 for the following HS code: 06.02.90.0023.06 - Pine - rooted plants. (Pinus spp.)

18 December 2008 CFIA HS Code Filter List Update Numerous recent changes to the CFIA HS Code Filter List have resulted in overwhelming problems for the Importing Community. In an effort to restore some normalcy, on December 12, 2008 CFIA requested CBSA revert back to the filter list that was in…