Trade News

Good morning. The second CCS quiz for this year is available now, until 2:00 pm EDT on 3 July 2008, on the CSCB web site. The quiz is worth ten points towards maintenance of the CCS designation in 2008. To access the quiz, go to the CSCB web site ( www.cscb.ca ) and click on the "CSCB Designates -…

10 June 2008 Bank of Canada Rate Decision The following message is from the Canadian Chamber of Commerce. This morning, the Bank of Canada announced it is maintaining its target for the overnight rate at 3.0%. The overnight rate is the interest rate at which major financial institutions borrow and…

10 June 2008 All-scan review slated This article is excerpted from the 9 June 2008 edition of “The Journal of Commerce”. The University of Le Havre, France, will present an analysis of the U.S.-backed 100-percent scanning law during a two-day conference hosted by the World Customs Organization. The…

9 June 08 Albion Fisheries Limited Fined For Unlawful Movement of Fish On April 24, 08, Albion Fisheries Ltd. entered a guilty plea at the Provincial Court, in Vancouver, B.C. to one count of violating s6(2.2) of the Fish Inspection Regulations. The company was fined $00 for the unlawful movement of…

9 June 08 The alternative to free trade is a severe recession The following article is excerpted from the 8 June 08 edition of “globeandmail.com”. If the Democrats win the coming U.S. election and set about dismantling the North American free-trade agreement (NAFTA), as they have proposed, will that…

9 June 2008 EICS / EXCOL Bulletin - 09 June 2008 The EICS/EXCOL Telephone Help Desk is not available today Monday 09 June, 2008. The E-Mail Help Desk will continue to be monitored until 16:00 EST. [email protected] [email protected]

9 June 2008 Correction Period for May Softwood Lumber Permits Members are advised that the correction period for May 2008 Softwood Lumber permits ends tomorrow, Tuesday 10 June 2008, at 20:00 EST. We remind you of the importance of submitting correct information on permits as this is imperative to…

9 June 2008 Correction to Correction Period for May Softwood Lumber Permits The following message is a corrected version of the message sent by EICB a few minutes ago. Please note the corrections are for the month of May, not March, as provided in the EICB’s first message. Members are advised that…

9 June 2008 ACROSS Problems Message EDI08-043 There is a 2.5 hour delay in processing ACROSS transactions. The problem should be fixed by 11 pm tonight. For urgent requests, please present paper.

9 June 08 Balancing act tests Bank of Canada The following article is extracted from the 9 June 08 edition of the “Toronto Star”. All eyes will be on the Bank of Canada tomorrow as it tackles a conundrum that is confounding central banks around the world. After chopping its key lending rate by 1.5…

9 June 08 Canada reaches free trade deal with Colombia The following article is excerpted from the 7 June 08 edition of the “Toronto Star”. Canada has completed negotiations with Colombia that will establish a free trade agreement between the two countries, the federal government announced Saturday…

9 June 08 Bush Administration Sets Deadline for Finalizing Regulatory Actions The following article is excerpted from the 9 June 2008 edition of “World\Trade Interactive”. The White House has set a Nov. 1 deadline for federal agencies to finalize pending regulatory actions. This step could have the…

9 June 2008 New U.S. president will follow pro-trade policies, expert says This article is excerpted from the 9 June 2008 edition of “American Shipper”. U.S. trade policy will differ little in a Barack Obama or John McCain administration, according to a trade attorney who until recently helped…

6 June 2008 Item 117.1 – Specialty Creams Serial No. 729 Date: June 6, 2008 1.0 Purpose 1.1 The purposes of this Notice are: a) to inform importers of the Minister’s policies and practices respecting the administration of the 394,000 kilogram tariff rate quota (TRQ) for specialty creams. It should…

6 June 2008 Item 125.1 - Powdered Whey Serial No. 728 Date: June 6, 2008 1.0 Purpose 1.1 The purpose of this Notice are: a) to inform importers of the Minister’s policies and practices respecting the administration of the 3,198,000 kilogram tariff rate quota (TRQ) for powdered whey. It should be…

6 June 2008 Cancellation of Customs Notice 512 The following Customs Notice was cancelled by CBSA on 5 June 2008: CN512, Treatment of Discounts in determining the Transaction Value (Customs Act, Section 18) and the Value for Duty Code

6 June 2008 BC Carbon Tax Surcharge from CPR In response to the Government of British Columbia’s introduction of a carbon tax on a wide variety of fossil fuels, Canadian Pacific is introducing a new BC Carbon Tax Surcharge effective July 7th 2008. CP is focused on being a leader in environmental…

6 June 2008 Further Information regarding Cancellation of Customs Notice 512 With regard to the cancellation of Customs Notice 512, the CSCB notes that customs notices are generally cancelled when the information contained in a notice has been moved to a D memo; in this case, the memo is D13-4-10…

6 June 2008 France/EU shellfish export lists Members are advised that the following item has been updated: "List of Canadian Exporters of Live Shellfish, Live Tunicates, Live Echinoderms or Live Gastropods that Meet the Same or Equivalent Conditions to those Required in the European Union" at: http…

6 June 2008 Bill would put brakes on U.S., Canada trucks in Ontario The following article is excerpted from the 5 June 2008 edition of “The Journal of Commerce”. A representative of Canadian motor carriers wants all trucks operating in Ontario equipped with technology to limit their top speed to 65…