Trade News

24 January 2008 Reminder - Production Database Backup, 2 February 2008 This is a reminder that a full database backup of the production database (PROD) is scheduled for Saturday, February 2, 2008. CFIA systems will be unavailable from 3am to 7am EST. Please note that full database backups of the…

24 January 2008 Can Canada Escape a Recession? The following article is excerpted from the 24 January 2008 edition of “globeandmail.com”. A week or two ago, the notion of Canada falling into a recession seemed far-fetched. Domestic demand was strong, commodity prices were soaring and the rest of the…

24 January 2008 B.C. port study rocks the boat The following article is excerpted from the 24 January 2008 edition of “globeandmail.com”. Taking aim at the labour woes and bottlenecks that have plagued West Coast ports, a trio of private-sector advisers have come up with a slew of recommendations to…

24 January 2008 Strategis.gc.ca has merged with Industry Canada (ic.gc.ca) The following message is from Industry Canada. We have merged Strategis.gc.ca with ic.gc.ca to provide a single point of entry to Industry Canada’s programs and services at http://www.ic.gc.ca

24 January 2008 Western Hemisphere Travel Initiative - Land and Sea Documentation The following message is from Laurel Smith, Director of the Public Outreach Division of US Customs and Border Protection. The U.S. Department of Homeland Security reminds travelers that beginning January 31, 2008…

24 January 2008 Customs proposes change in valuation rule This article is excerpted from the 24 January 2008 edition of “The Journal of Commerce”. A proposed change in rules by Customs and Border Protection could result in importers paying higher duties for goods they purchase through multi-sale…

24 January 2008 COAC meets in Tucson This article is excerpted from the 24 January 2008 edition of “The Journal of Commerce”. The first 2008 meeting of COAC, the Departmental Advisory Committee on Commercial Operations of Customs and Border Protection and Related Agencies, will be Feb. 13 in Tucson…

24 January 2008 Bonner tells trade to back DHS security strategy This article is extracted from the 24 January 2008 edition of “American Shipper”. The import-export industry shares some blame for last year’s law mandating every ocean container be scanned overseas by 2012, but still has a chance to…

23 January 2008 Initial Environmental Assessment of the Canada-Andean Community Free Trade Agreements Closing date: February 21, 2008 In keeping with the 2001 Framework for Conducting Environmental Assessment of Trade Negotiations, an Initial Environmental Assessment of the Canada-Andean Community…

23 January 2008 Notice of Intent to Conduct a Strategic Environmental Assessment of the Canada-Kuwait Foreign Investment Promotion and Protection Agreement (FIPA) Closing date: February 15, 2008 The Government of Canada will undertake a Strategic Environmental Assessment (EA) of the negotiations for…

23 January 2008 Penalty Waiver re 22 January 2008 Outage The following is a message to all Electronic Commerce Clients from the Canada Border Services Agency (CBSA). Penalties incurred as a result of the systems problems experienced January 22, 2008 will be waived without clients needing to formally…

23 January 2008 Deeper interest rate cuts forecast The following article is excerpted from the 23 January 2008 edition of the “Toronto Star”. Central banks on both sides of the border slashed interest rates yesterday in a bid to juice flagging economies and calm gyrating financial markets, but…

23 January 2008 Bond insurance crisis looms on Wall Street This article is extracted from the 22 January 2008 edition of “globeandmail.com”. Ben Bernanke may have temporarily halted a crippling nosedive in global stock markets, but bankers aren't convinced the U.S. Federal Reserve's surprise rate…

23 January 2008 Compromise reached on mandatory AES rule This article is excerpted from the 23 January 2008 edition of “American Shipper”. The U.S. Census Bureau and Department of Homeland Security finally have resolved their 30-month standoff over proposed rules requiring electronic filing of…

23 January 2008 Customs Update: 10+2 = Part Deux This article is extracted from Susan Kohn Ross’s column “Customs Update”, in the 23 January 2008 edition of “The Journal of Commerce”. Nearly a year ago, we examined Customs and Border Protection's 10 + 2 security filing rule. Earlier this month, the…

22 January 2008 Customs Notice 08-001 -- Changes and Updates to Form D120 – Customs Bond Revisions have been made to form D120, Customs Bond, the multi-purpose bond used to provide security for a variety of CBSA programs. Existing customs bonds using previous versions of form D120 remain valid and…

22 January 2008 BC Company Fined for Illegal Export The following news release was issued by the CFIA on 21 January 2008. On December 11, 2007, Timber Baron Contracting Ltd. entered a guilty plea in the Provincial Court of British Columbia, at Terrace, to one count of violating Section 55.(2) of the…

22 January 2008 CBSA -- System Problems Please note that CBSA is having problems with their system. Until further notice, please present paper. At this time we are unable to determine when service will be restored however we will keep you informed as information becomes available. We apologize for…

22 January 2008 Import Permits Unavailable CBSA has advised that they are unable to receive import permit data until further notice. You may continue to submit permit applications - the permits will be queued for transmission to CBSA as soon as it becomes available.

22 January 2008 Canadian Pacific Customer Bulletin: Update on negotiations with the CAW representing our mechanical services employees CP remains optimistic that a negotiated settlement will soon be reached with this union which represents employees who perform inspections and repair services on…