Trade News

14 March 2008 AMPS Statistics, 2002/03 - 2007/08 CBSA has released statistics on penalties under AMPS since its implementation. These statistics show the top 10 contraventions, according to value and according to volume, as well as contraventions issued according to party that was penalized. The…

CN08-010, Highway Sufferance Warehouse Closure (New Glasgow, Nova Scotia) The purpose of this notice is to advise that, effective March 31, 2008, Hoyt's Moving and Storage Ltd., located at 6264 South Foord Street, Stellarton, Nova Scotia, will be surrendering their highway sufferance warehouse…

14 March 2008 Doha trade worth $120B The following was reported on in the 13 March 2008 edition of “Journal of Commerce”. Deregulated trade under consideration in the current round of World Trade Organization talks could bring benefits worth an estimated $120 billion a year to the global economy…

13 March 2008 PKI Certificate Authority Unavailable 16 March 2008 Members are advised that maintenance will be conducted on Internal Credential Management (ICM) Services during the scheduled maintenance window Sunday, March 16, 2008 between the hours of 05:00 and 09:00 ET. ICM services will be…

13 March 2008 Someone tell commodities there’s a slowdown going on The following is a weekly commentary by Peter G. Hall, Vice-President and Deputy Chief Economist, Export Development Canada. The marketplace is fast realizing that a global economic slowdown is in the works. Everyone seems to be…

13 March 2008 Census ramps up for “imminent” mandatory AES rule The following is excerpted from the 13 March 2008 edition of “American Shipper”. The U.S. Census Bureau’s Foreign Trade Division is ramping up staff and resources to help the export industry comply with the soon-to-be-published rule for…

12 March 2008 Revised Draft - Changes to the Administration of the Release Prior to Payment Program Further to the message sent yesterday (Draft - Changes to the Administration of the Release Prior to Payment Program), the revised draft Customs Notice indicates the implementation date of April 1…

12 March 2008 CN Message: Revised Good Friday Intermodal Gate Hours Please note, the Montreal gate hours have been revised. Intermodal Terminal Hours - (Canada & U.S.) HALIFAX (HIT) Good Friday: 08:00 - 18:00 MONCTON Good Friday: 00:01 - 23:59 MONTREAL (TASCHE) Good Friday: 00:01 – 23:59 BRAMPTON…

The following messages were sent out on 12 March 2008: 1. CANADA BORDER SERVICES AGENCY - Notices and Memos Revised Draft - Changes to the Administration of the Release Prior to Payment Program 2. CANADIAN SOCIETY OF CUSTOMS BROKERS - Members Only In Memoriam 3. RAIL NOTICES CN Message: Revised Good…

12 March 2008 NAFTA trade off in '07 The following was reported on in the 12 March 2008 edition of “The Journal of Commerce”. Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico grew 4.9 percent in 2007, according to the…

12 March 2008 Report says global warming threatens transportation The following is excerpted from the 12 March 2008 edition of “The Journal of Commerce”. A blue-ribbon committee is warning the transportation community that it must begin to factor global warming into its plans or face the…

11 March 2008 BC Region General Meeting The BC regional executive committee is working on fine-tuning details for the upcoming BC Region General Meeting. Until further details are available, please mark your calendars as the meeting will be held on 3 April 2008 at The River Rock Casino. The meeting…

11 March 2008 Yogurt, Ice cream, Cheese, Broiler hatching eggs & chicks Quota Holders’ Lists (2008) The following quota holder’s lists for 2008 are available on the FAITC website: Yogurt: http://www.dfait-maeci.gc.ca/trade/eicb/agric/yogourtQHList08-en.asp Ice Cream: http://www.dfait-maeci.gc.ca…

11 March 2008 Canadians weigh in on NAFTA The following is excerpted from the 11 March 2008 edition of “Toronto Star”. Almost half of all Canadians agree with U.S. Senators Hillary Clinton and Barack Obama and think the North American Free Trade Agreement should be renegotiated, a new poll shows…

11 March 2007 Minister Emerson Expresses Condolences on Death of Simon Reisman The following is excerpted from the 11 March 2008 news release on FAITC. The Honourable David Emerson, Minister of International Trade and Minister for the Pacific Gateway and the Vancouver-Whistler Olympics, today issued…

11 March 2008 Draft - Changes to the Administration of the Release Prior to Payment Program At the February 26 - 27 BCCC meeting, the CBSA circulated a draft Customs Notice regarding changes to the Release Prior to Payment Program. Included in this notice is information relating to the fact that…

The following messages were sent out on 11 March 2008: 1. CANADA BORDER SERVICES AGENCY - Notices and Memos Draft - Changes to the Administration of the Release Prior to Payment Program 2. CANADIAN CUSTOMS ARTICLES Canada cited as one of the most open and liberal economies for trade Canadians weigh…

Draft - Changes to the Administration of the Release Prior to Payment Program At the February 26 - 27 BCCC meeting, the CBSA circulated a draft Customs Notice regarding changes to the Release Prior to Payment Program. Included in this notice is information relating to the fact that customs brokers…

11 March 2008 Government of Canada Announces Technical Changes to the Income Tax Treatment of Gains and Losses on Debt Denominated in a Foreign Currency The following was released on 7 March 2008 on DOF website. The Honourable Jim Flaherty, Minister of Finance, today proposed technical changes to…