Trade News

26 November 2008 Nova Scotia Vying to Be Prime Stop on Suez–Atlantic Trade Route The following was written by Prince Owusu, a Senior Economist at Conference Board of Canada. Sure, the global economy is slowing down and container traffic is getting thin in the near term. Will the current downturn in…

26 November 2008 Developed Economies Vow to Support Trade Financing The following article is extracted from the 26 November 2008 edition of “WorldTrade Interactive”. Twenty-nine members of the 30-nation Organization for Economic Cooperation and Development, the European Community and six emerging…

26 November 2008 China cuts rates by 1.08 percentage points This article is excerpted from the 26 November 2008 edition of “globeandmail.com”. China lowered interest rates on Wednesday for the fourth time since mid-September, stepping up the pace of monetary easing to help cushion the blow of the…

26 November 2008 Giant Stimulus Plan Proposed for Europe This article is extracted from the 26 November 2008 edition of “The New York Times”. Seeking to revive the region’s rapidly deteriorating economy, the European Commission on Wednesday proposed a stimulus package totaling 200 billion euros, or…

25 November 2008 Food Safety Regulation of Fish Products, Inspection Manual The following have been added/updated on the CFIA website: Food Safety Regulation of Novel Fish and Fish Products, Information Sheet: http://www.inspection.gc.ca/english/fssa/fispoi/product/novbroche.shtml Fish Products…

25 November 2008 Electronic Transmission of Certificates As a result of a discussion at the November 4 - 5 BCCC meetings, CBSA has asked that we remind members of Customs Notice 07-027. It is available at: http://www.cscb.ca/listinfo/cn07-027.pdf (en/fr). This notice provides information on how any…

25 November 2008 Certain thermoelectric coolers and warmers Statement of Reasons Concerning the making of final determinations with respect to the dumping and subsidizing of CERTAIN THERMOELECTRIC COOLERS AND WARMERS ORIGINATING IN OR EXPORTED FROM THE PEOPLE'S REPUBLIC OF CHINA. Decision On…

25 November 2008 Plant Protection Policy Directives Updates Members are advised that the following directives have been revised: D-96-15 "Phytosanitary Requirements to Prevent the Spread of Japanese Beetle, Popillia japonica, in Canada and the United States" has been revised and is available at http…

25 November 2008 Update to CFIA AIRS website Chapter 12 was published to change the release recommendation from "Refuse Entry" to "Refer to CFIA-ISC" for the following HS Code for the Continental United States with the end uses of Cleaning (for) and Screenings. 12.09.29.0073.02 - Sorghum (seed) This…

25 November 2008 Canada bides time The following article is extracted from the 25 November 2008 edition of “globeandmail.com”. Canadians will have to wait until the next federal budget before Ottawa delivers what Prime Minister Stephen Harper said could be an "unprecedented" fiscal stimulus package…

25 November 2008 Crunch leaves shipping high and dry This article is excerpted from the 25 November 2008 edition of “globeandmail.com”. Shipping companies around the world are poised to delay their orders for new vessels, renegotiate contract terms and even cancel deliveries as the global financial…

25 November 2008 This is a job for ... the Bank of Canada The following article, by William Robson, President and CEO of the C.D. Howe Institute, is extracted from the 25 November 2008 edition of “globeandmail.com”. Even if the most acute phase of the credit crisis has passed, another jarring drop…

25 November 2008 Job cuts loom at Canadian firms: poll The following article is excerpted from the 24 November 2008 edition of “globeandmail.com”. More than one-fifth of Canadian employers plan to reduce their headcount in the coming year as the financial crisis forces companies to cut costs, a…

25 November 2008 OECD forecasts 0.5-per-cent Canadian contraction This article is extracted from the 25 November 2008 edition of “globeandmail.com”. Next year will be a harsh one for Canada's economy, the Organization for Economic Co-operation and Development says in its latest forecast. Canada's…

25 November 2008 New security chief for U.S. likely to ease border rules This article is excerpted from the 25 November 2008 edition of the “Toronto Star”. As Barack Obama moves to flesh out his cabinet in the coming days, Canadians will be watching for signals from a 50-year-old New York-born…

25 November 2008 NAM: 10+2 rule 'improved' This article is extracted from the 24 November 2008 edition of “The Journal of Commerce”. The [US] National Association of Manufacturers welcomed changes in Customs and Border Protection's proposed import filing rule. Ten months after original publication…

25 November 2008 Office of US Customs Trade Relations Contact Numbers This news release was issued by US Customs on 24 November 2008. For questions regarding importing, exporting or the status of your shipment, please contact the local service port. Also, you may take advantage of CBP’s Questions…

25 November 2008 DHS announces new requirements for maritime cargo carriers and importers The following news release was issued on 24 November 2008 by U.S. Department of Homeland Security. The U.S. Department of Homeland Security announced today new information requirements on maritime cargo…

25 November 2008 Importer Security Filing, Federal Registrar Further to this morning's message, DHS announces new requirements for maritime cargo carriers and importers, the following is a link to the Federal Registrar’s final rule on Importer Security Filing and Additional Carrier Requirements…

25 November 2008 Importer Security Filing, Federal Registrar Further to this morning's message, DHS announces new requirements for maritime cargo carriers and importers, the following is a link to the Federal Registrar’s interim final rule on Importer Security Filing and Additional Carrier…