Trade News

30 June 2008 U.S. government confirms 1% 1st quarter GDP This article is excerpted from the 27 June 2008 edition of “American Shipper”. The U.S. economy grew at a 1 percent rate in the first quarter, according to final Commerce Department statistics…. Real Gross Domestic Product was 0.6 percent in…

30 June 2008 [US] Senate Committee Approves Measure to Combat Illegal Seafood Imports This article is excerpted from the 30 June 2008 edition of “World\Trade Interactive”. The Senate Commerce, Science and Transportation Committee approved June 24 legislation (S. 2904) that aims to prevent illegal…

30 June 2008 World Customs Organization elects new Secretary General The following news release was issued by the World Customs Organization (WCO) on 30 June 2008. Customs Directors General representing the 173 Members of the World Customs Organization elected their new Secretary General, Kunio…

30 June 2008 Latest Edition of US Customs and Border Protection Bulletin Available The latest US CBP Bulletin, dated 27 June 2008, is now available on the Customs and Border Protection website at: http://www.customs.gov/xp/cgov/trade/legal/bulletins_decisions/bulletin…

27 June 2008 Zuniga elected chairman of international brokers This article is excerpted from the 26 June 2008 edition of “The Journal of Commerce”. The CSCB is the secretariat for the International Federation of Customs Brokers Associations. Federico “Kiko” Zuniga has been elected chairman of the…

27 June 2008 Automatic Firearms Country Control List – Amendment The Export and Import Permits Act places very strict controls on the export of prohibited firearms, prohibited weapons and prohibited devices (as defined in the Criminal Code of Canada). Export permit applications for these items are…

27 June 2008 Initial Environmental Assessment of the Canada-Jordan Free Trade Agreement The Government of Canada will undertake a Strategic Environmental Assessment (EA) of the negotiations for a Canada-Jordan FTA. Comments on any likely and significant environmental impacts of the negotiations on…

27 June 2008 Update to CFIA AIRS website Chapter 08 was published to change the release recommendation from "Refer to CFIA-ISC" to "Approved" for the following HS code for Mexico. 08.07.19.0001.02 - Cantaloupe (fresh) Please check your version numbers before submitting through EDI.

27 June 2008 While Ontario sleeps The following article is excerpted from the 27 June 2008 edition of the “Toronto Star”; it was written by Livio Di Matteo, a professor of economics at Lakehead University in Thunder Bay. Reports that Ontario may soon qualify for equalization payments have awakened…

27 June 2008 Plenty of incentive to speculate The following was written by Peter G. Hall, Vice-President and Chief Economist, Export Development Canada. One of the marvels of recent economic developments is the surge in commodity prices. It wasn’t anticipated, but it has persisted, and the debate…

27 June 2008 Wall St. reels on grim outlook for U.S. banks The following article is excerpted from the 27 June 2008 edition of “globeandmail.com”. … Citigroup Inc. and Merrill Lynch & Co., two of the biggest names in the U.S. financial sector, were hammered in the markets on Thursday after analysts…

27 June 2008 Business still optimistic on Doha trade agreement The following was reported on in the 27 June 2008 edition of “Journal of Commerce”. In a joint statement, the U.S.-based National Association of Manufacturers and other groups said the World Trade Organization talks are at a crucial…

26 June 2008 EICS / EXCOL Bulletin - Canada Day Holiday 2008 Tuesday 01 July is a statutory holiday, and the Bureau's offices will be closed (no officers or Help Desk staff will be available). The EICS system will be available during normal hours. Please note that the Help Desk email ONLY will be…

26 June 2008 Potash boom lifts Prince Rupert port The following article is excerpted from the 26 June 2008 edition of “globeandmail.com”. The potash boom touched down in Prince Rupert, B.C., Wednesday as Canpotex Ltd. said it would build a new export terminal to boost Asian shipments of the high…

26 June 2008 Bush to lift trade sanctions against North Korea This article is excerpted from the 26 June 2008 edition of “The Globe and Mail”. North Korea handed over a long-delayed account of its nuclear activities on Thursday, a step that will bring the North relief from U.S. sanctions but still…

26 June 2008 Another W.T.O. Push for a New Trade Deal This article is excerpted from the 26 June 2008 edition of “The New York Times”. Pascal Lamy, the director general of the World Trade Organization, has called a week-long meeting of ministers next month aimed at reaching a breakthrough deal on…

26 June 2008 CBP Commissioner Says No Further Action on First Sale Rule at Finance Committee Hearing This article is excerpted from the 26 June 2008 edition of “World\Trade Interactive”. At a June 24 hearing before the Senate Finance Committee, U.S. Customs and Border Protection Commissioner Ralph…

26 June 2008 Central bank stands pat on interest rates as risks of damage to growth take a downward turn The following article is excerpted from the 26 June 2008 edition of the “Toronto Star”. The United States Federal Reserve is leaving a key interest rate unchanged for fear of inflation. The…

25 June 2008 Single Window Framework The CBSA has provided a document entitled "Single Window Framework", available for your review at: http://www.cscb.ca/listinfo/080613_SingleWindowBackground.pdf. In this document, the CBSA provides an overview, including the benefits of the OGD Single Window…

25 June 2008 Feeling the pinch, and exporting it The following article is excerpted from the 25 June 2008 edition of “globeandmail.com”. When Miranda Goeltom, a senior official with Indonesia's central bank, addressed a Calgary conference on commodities and the economy last week, she outlined an…