Trade News

18 December 2008 Update to CFIA AIRS website (2) Chapter 05 was published to add new conditions to the following HS codes from United Kingdom, France, The Netherlands, Portugal, Republic of Ireland, Switzerland and Germany. 05.11.99.1293.07 - Frozen semen caprine (goat) This modification created a…

18 December 2008 Canada’s Finance Ministers Discuss Budget Priorities The following is excerpted from the 17 December 2008 news release by Finance Canada. The Honourable Jim Flaherty, Minister of Finance, issued the following statement today at the conclusion of meetings in Saskatoon to discuss…

18 December 2008 Surprise of the Year: Keynesianism Revived The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. Choosing a key surprise for 2008 is no small feat. Rumblings in economic and financial markets earlier in the year culminated in the…

18 December 2008 Federal Partnership Delivers Key Infrastructure for New Border Crossing in New Brunswick The following is excerpted from the 15 December 2008 news release by Transport Canada. The Honourable Greg Thompson, Minister of Veterans Affairs, the Honourable Shawn Graham, Premier of New…

18 December 2008 B278-1, Softwood Lumber Products Export Charge Supplementary Information Third Country Adjustment The B278-1, Softwood Lumber Products Export Charge Supplementary Information Third Country Adjustment is now available on the CRA website at: http://www.cra-arc.gc.ca/E/pbg/tf/b278-1…

17 December 2008 Update to SIMA Monthly Index The SIMA Monthly Index has been updated, and is available on the CBSA website at: http://www.cbsa-asfc.gc.ca/sima-lmsi/monthly-eng.html.

17 December 2008 CN Message: Dangerous goods or hazardous materials originating from or destined to Canada Transport Canada's Transportation of Dangerous Goods Regulations (TDG) requires the actual consignor of the shipment in Canada to be cited on the shipping documents, e.g. rail bill of lading…

17 December 2008 Release Requests Received, November 2008 The release requests received report for November 2008 is available on the CSCB website at: www.cscb.ca/listinfo/ReleaseRequestsReceived_Nov08.xls.

17 December 2008 Auto bailout tab pegged at $25-billion The following article is excerpted from the 17 December 2008 edition of “globeandmail.com”. Canadian governments could be staring at an auto bailout bill of between $15-billion (U.S.) and $25-billion, based on one estimate of the cost of…

17 December 2008 Cut tax or risk jobs, banks say The following article is excerpted from the 17 December 2008 edition of the “Toronto Star”. Canada's banks have issued a veiled warning to the government of Ontario – cut corporate taxes or risk losing high-paying financial sector jobs to other…

17 December 2008 A Canada-U.S. Border Vision The Canadian Chamber of Commerce has released a paper titled: “A Canada-U.S. Border Vision” discussing opportunities for improvement of North American security and competitiveness with the new leadership in the U.S. The paper identifies five border…

17 December 2008 Canadian cities in rapid decline: CIBC The following article is excerpted from the 17 December 2008 edition of “globeandmail.com”. Canadian cities are losing their economic momentum, and the slowdown is intensifying, the Canadian Imperial Bank of Commerce said Wednesday. Falling…

17 December 2008 Carney urges banks to lend more The following article is excerpted from the 17 December 2008 edition of “globeandmail.com”. Canada's banks should take full advantage of their relatively healthy status by expanding their lending, and resist the competitive pressure to build up…

17 December 2008 [US] Fed Cuts Key Rate to a Record Low This article is extracted from the 17 December 2008 edition of “The New York Times”. The [US] Federal Reserve entered a new era on Tuesday, lowering its benchmark interest rate virtually to zero and declaring that it would now fight the…

17 December 2008 UN Adopts New Rules on Contracts for International Carriage of Goods This article is excerpted from the 17 December 2008 edition of “WorldTrade\Interactive”. The United Nations General Assembly adopted Dec. 11 a new convention on the transportation of goods across borders. A UN…

17 December 2008 CBP User Fee Contingency Plan - January 1-31, 2009 The following notice was issued on 16 December 2008 by CBP. The CBP has approved a contingency plan to allow conveyances that normally pay annual user fees to be cleared by CBP without a per crossing/arrival payment from January 1…

17 December 2008 New CBP Requirement for Canadian Firewood, Commercial/Personal Shipments The following is excerpted from the 16 December 2008 news release by CBP. U.S. Customs and Border Protection continually inspects loads of firewood coming from Canada into the United States to prevent the entry…

17 December 2008 60th Session of the WCO Policy Commission, Summary of Outcomes The World Customs Organization (WCO) has published the "Summary of Outcomes" from the Policy Commission meetings held in Buenos Aires, Argentina earlier this month. This document outlines the outcomes of the Commission's…

16 December 2008 CBSA Message: Barley Products The following message is from CBSA (EDI08-104). In reference to Notice, serial No. 743, which was prepared and distributed by Foreign Affairs and International Trade Canada, please be advised that the barley products tariff rate quota (TRQ) will be…

16 December 2008 Minister Day Welcomes WTO Appeal Ruling in China Auto Parts Case The following is excerpted from the 15 December 2008 news release by DFAIT. The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, today welcomed a ruling by the World…