Trade News

23 May 2008 Canadian company profits to surge: CIBC The following article is extracted from the 23 May 2008 edition of the “Toronto Star”. Companies listed on the Toronto Stock Exchange are positioned to smash through previous profit projections with plenty of help from the resources sector…

23 May 2008 Government, Industry Weigh in on Bill to Reprogram AES, Require Licenses for Filers This article is extracted from the 23 May 2008 edition of “World\Trade Interactive”. At a recent congressional hearing government officials and private sector representatives outlined the pros and cons of…

23 May 2008 USTR, Senators Clash Over Stronger Trade Tools This article is excerpted from the 22 May 2008 edition of “The New York Times”. A bill to strengthen U.S. tools to enforce trade agreements is unnecessary and could invite retaliation against U.S. farm exports to China, a top U.S. trade…

22 May 2008 Worrisome signs begin to show The following article is excerpted from the 22 May 2008 edition of the “Toronto Star”. … Economists warn that the inflation report from Statistics Canada yesterday is an early sign that consumers are starting to be hit by soaring energy costs and rising…

22 May 2008 Agencies paper over AES differences as export rules near fruition This article is excerpted from the 21 May 2008 edition of “American Shipper”. The U.S. Census Bureau could publish by the end of this month new export compliance rules that have sat in limbo for three years, government…

22 May 2008 CIT Says Importer Can Challenge Continued Imposition of Trade Sanctions This article is excerpted from the 22 May 2008 edition of “World\Trade Interactive”. The Court of International Trade recently took up again a case concerning the sanctions the U.S. maintains against the European…

22 May 2008 Export Compliance: Ensuring Safety, Increasing Efficiency The following is testimony from Robert Jacksta, Deputy Assistant Commissioner, Office of Field Operations in CBP, given to the US Congress on 20 May 2008. Chairman Sherman, Ranking Member Royce and Distinguished Subcommittee…

22 May 2008 As economy weakens, necessity reigns The following article is exerpted from the 21 May 2008 edition of “globeandmail.com”. Call it trading down, shopping smarter or just making ends meet. After a long era of conspicuous consumption, Americans are showing uncharacteristic signs of thrift…

22 May 2008 EU mulls maritime future This article is excerpted from the 22 May 2008 edition of “The Journal of Commerce”. The European Commission is preparing a strategic framework for the future of maritime transport in the European Union from 2008-18. The EC said it has convened a think-tank of…

21 May 2008 Driver Safety Orientation Program (CPR) The following notice is from Canadian Pacific Railway. Canadian Pacific's vision is to be the safest and most fluid railway in North America. CP creates long-term value for customers, shareholders and employees by profitably growing a safety…

21 May 2008 World Trade Organization Releases Trade Policy Review for China The WTO’s latest trade policy review for China is found on their web site, at: http://www.wto.org/english/tratop_e/tpr_e/tp299_e.htm Of particular interest is the document outlining “Trade Policies and Practices by Measure”…

21 May 2008 All B.C. Lower Mainland border crossings expecting increased congestion The following article is extracted from the 20 May 2008 edition of “Canadian Transportation & Logistics”. British Columbians travelling to the US via the Peace Arch border crossing at Blaine, Wash., are expected to…

21 May 2008 Factories in Ontario's future The following article is extracted from the 21 May 2008 edition of the “Toronto Star”. Is manufacturing finished in Ontario? With plants closing across the province, the unspoken assumption within government appears to be that it is. … But the unspoken…

21 May 2008 Wilson steps into softwood lumber fray The following article is excerpted from the 21 May 2008 edition of “globeandmail.com”. Michael Wilson, Canada's ambassador to Washington, has complained that the U.S. Congress is trying to do an end-run around a deal that was supposed to resolve the…

21 May 2008 Prince Rupert casts a wary eye on Chicago The following article is extracted from the 21 May 2008 edition of “globeandmail.com”. As Canadian National Railway Co.'s Chicago expansion plans draw new high-profile opposition from the likes of U.S. Democratic presidential hopeful Barack Obama…

21 May 2008 Prime Minister Harper Unveils Labelling Plan to Clearly Identify Canadian Foods The following news release was sent today by the Prime Minster’s Office. Prime Minister Stephen Harper today announced a plan to modernize the federal guidelines governing use of “Product of Canada” and “Made…

21 May 2008 AMPS Review At a recent special BCCC meeting regarding AMPS, revisions to the Voluntary Disclosure Program and the Penalty Reduction Agreement were discussed. A paper regarding waivers of penalties was also circulated. Documents related to these, in both French and English, are available…

21 May 2008 Wholesale inflation slips but core inflation jumps This article is excerpted from the 21 May 2008 edition of “globeandmail.com”. U.S. wholesale inflation slowed in April following a big jump in March but the improvement is likely to be temporary as consumers are battered in coming months…

21 May 2008 PCC takes trade agenda to Washington This article is excerpted from the 20 May 2008 edition of “American Shipper”. A 40-member delegation from the activist Pacific Coast Council of Customs Brokers and Freight Forwarders Associations is in Washington this week pressing its case on a…

20 May 2008 Certain Thermoelectric Coolers and Warmers - Notice of Initiation of Investigations The Canada Border Services Agency initiated investigations on May 15, 2008, under the Special Import Measures Act, respecting the alleged injurious dumping and subsidizing of certain thermoelectric…