Trade News

24 October 2008 Canada teeters on brink of recession The following article is excerpted from the 24 October 2008 edition of “globeandmail.com”. Canada's economy is within spitting distance of a recession, with every single engine of activity either sputtering or stalling out completely, the Bank of…

24 October 2008 Canada teeters on brink of recession The following article is excerpted from the 24 October 2008 edition of “globeandmail.com”. Canada's economy is within spitting distance of a recession, with every single engine of activity either sputtering or stalling out completely, the Bank of…

24 October 2008 Restoring Confidence is Key The following article was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. News media must be ecstatic. In recent weeks, hardly a day has gone by but some major new event has hit the street. Bailouts, bankruptcies…

23 October 2008 Canada to Resume Beef Trade Negotiations with Korea The following is excerpted from the 22 October 2008 news release by CFIA. The Government of Canada is … pursuing technical negotiations with Korea on issues related to exports of Canadian beef. Korea banned imports of Canadian beef…

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

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

23 October 2008 TQR for Yogurt The purposes of this Notice are: To inform importers of the Minister’s policies and practices respecting the administration of the 332,000 kilogram tariff rate quota (TRQ) for yogurt. It should be read with the Import Allocation Regulations and the Import Permit…

23 October 2008 TQR for Yogurt The purposes of this Notice are: To inform importers of the Minister’s policies and practices respecting the administration of the 332,000 kilogram tariff rate quota (TRQ) for yogurt. It should be read with the Import Allocation Regulations and the Import Permit…

23 October 2008 CBSA Message: Scheduled Maintenance Outage The following is a message from CBSA (EDI08-083). For maintenance purposes, we will be unable to process all inbound and outbound traffic over the CADEX line between 3:00am to 4:00am and 7:00am to 8:00am (Eastern Time) on Saturday October…

23 October 2008 Flaherty to unveil more support for banks on Thursday The following article is excerpted from the 22 October 2008 edition of “globeandmail.com”. Finance Minister Jim Flaherty will announce further steps to help Canada's banks weather the financial crisis Thursday, a package that's…

23 October 2008 More services to simplify your business taxes The following is a tax tip from CRA. Did you know that you now have additional options to help manage your business taxes through our My Business Account service? Business owners can now use this secure online service to: - check the…

23 October 2008 Bush Calls 20 Nations to Summit on Markets The following article is excerpted from the 22 October 2008 edition of “The New York Times”. President Bush will convene leaders of 20 nations in Washington on Nov. 15 for an emergency summit meeting to discuss the economic crisis, the White…

23 October 2008 Wal-Mart sets new rules for China-based suppliers The following article is excerpted from the 23 October 2008 edition of “globeandmail.com”. Wal-Mart Stores Inc. said yesterday it will set new quality standards for its suppliers, following scandals involving Chinese-made products…

23 October 2008 New [US] Safety Certification Requirement Will Affect Reimported Goods Too The following is excerpted from the 23 October 2008 edition of “WorldTrade Interactive”. Do you source consumer goods from a global wholesaler? Do you export products from the U.S. for warehousing in Canada…

23 October 2008 IATA e-freight initiative takes off in U.S. The following was reported on in the 23 October 2008 edition of “American Shipper”. The International Air Transport Association said Wednesday its e-freight initiative has gone live at John F. Kennedy International Airport in New York, the…

22 October 2008 Notices to Importers The following notices to importers have been posted on the EICB web site: Item 125 -- Products of Natural Milk Constituents http://www.dfait-maeci.gc.ca/trade/eicb/notices/ser740-en.asp Item 134 -- Ice Cream and Ice Cream Novelties http://www.dfait-maeci.gc.ca…

22 October 2008 Update to CFIA AIRS Web Site Chapter 06 was published to modify the requirements for the following HS codes for the Continental United States; 06.02.10.0009.01 Apple - Unrooted plants. (Malus spp. ), (Malus pumila) 06.02.10.0009.02 Crabapple - Unrooted plants. (Malus spp.) 06.02.20…

22 October 2008 Central bank gives alert on economy The following article is excerpted from the 22 October 2008 edition of “globeandmail.com”. Canada faces a long period of economic stagnation caused by a potent mix of global forces that lie largely beyond Canadian policy makers' control, the Bank…

22 October 2008 Loonie falls almost two cents The following article is excerpted from the 21 October 2008 edition of “globeandmail.com”. The Canadian dollar fell nearly two cents Tuesday after the Bank of Canada cut its benchmark interest rate. And currency specialists generally think the loonie…

22 October 2008 Banks pare prime lending rates The following article is excerpted from the 22 October 2008 edition of the “Toronto Star”. Canada's big banks passed on the full value of the Bank of Canada's quarter percentage point interest rate cut yesterday…. The rate cut announcement and the bank…