Trade News

Clients Affected: Importers and brokers Recent monitoring of overdue releases by the CBSA reported a high volume of transaction numbers in an overdue status. This indicates that some clients with release prior to payment privileges have submitted an interim accounting to obtain release of their…

Will you obtain 20 CCS points or 10 CTCS credits by July 15, 2019? Then you qualify for a chance to win one of two trips to the CSCB National Conference in Whistler, BC on October 27-29, 2019! Here is what you need to know prior to registering for the draw: To participate, you must: Obtain 20 CCS…

The WTO has issued has issued its panel reports concerning the disputes filed by Canada, Mexico and the USA concerning duties being applied to steel and aluminum products. On 23 May and 28 May respectively the parties notified the WTO that they had reached a mutually agreed solution to their…

Notice received: Friday 2019-07-12 10:57 AM ET CLIENTS AFFECTED: All importers, brokers and services providers who receive accounting statements via electronic data interchange (EDI). Daily Notices (DN) were sent out late today due to a technical issue. The Daily Notices have been resent. If you…

Le texte français suit le texte anglais. The CSCB is pleased to announce that this summer three scholarships will be awarded to students pursuing post-secondary education. The CSCB National and the CSCB Guy Graveline scholarships are for those that are just beginning their post secondary education…

The following was published in Part II of the Canada Gazette on July 10, 2019. Duty Free Shop Regulations — Regulations Amending - Customs Act SOR/2019-259 25/06/19 Excise Duties on Cannabis Regulations — Regulations Amending - Excise Act, 2001 SOR/2019-264 25/06/19 Exit Information Regulations -…

On the face of it, Bank of Canada governor Stephen Poloz and his deputy Carolyn Wilkins had some excellent news about the Canadian economy in yesterday's Monetary Policy Report. The happy story included falling mortgage rates, continued employment strength and growing business investment that have…

A) Chapter 10 was published to: i) change the release recommendation from "Approved” to “Refer to CFIA-NISC" for the following HS codes with the end uses "Livestock feed” and “Further Processing”, originating from Lao Peoples Democratic Republic. 10.05.90 - Maize (corn): Other 10.06.10.0102 - Cereal…

The Canadian Food Inspection Agency (CFIA) launched a targeted surveillance strategy in 2018 to verify if honey samples were authentic and not adulterated with foreign sugars. A report summarizing the findings has been posted. Report: Enhanced honey authenticity surveillance (2018 to 2019) Of the…

The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts. The decision Wednesday kept the interest rate at 1.75 per cent for a sixth-straight meeting, as Canada rebounds…

CBSA has revised Customs Notice 18-16. This notice provides information on the introduction and application of the United States Surtax Remission Order, 2018-1272, which is intended to minimize the negative effects of the surtaxes on Canadian companies and the economy by providing relief in…

Chapter 08 was published to: i) streamline the requirements for the following HS codes. 08.08.30.4003.01 - Asian pears (other than Ya pears), Sand pear, Twentieth century pears, Chinese pears, Japanese pears, Nashi pears, Oriental pears, Korean pears, Golden pears and Shingo pears (fresh). 08.08.30…

Several African heads of state gathered in Niger's capital Sunday to launch a continent-wide free trade area that represents an estimated market of $3.4 trillion US. The African Continental Free Trade Area aims to create a single unified market for the continent's 1.3 billion people and to boost…

1. The Canada Border Services Agency (CBSA) will eliminate the paper reporting process Export Declaration form (B13A) and implement mandatory electronic reporting for exporters. 2. As of June 30, 2020, the CBSA will no longer accept B13As. Exporters, or their customs service providers, will be…

This memorandum outlines and explains the Canada Border Services Agency's classification of front-mount mowers. This memorandum has been updated to reflect changes made in the Customs Tariff. Other editing revisions made in this memorandum do not affect or change any of the existing policies or…

Canada's merchandise trade balance with the world was in a surplus position in May for the second time since December 2016. The $762 million surplus in May followed a $1.1 billion deficit in April. Exports rose 4.6% in May, in part due to an increase in exports of motor vehicles. Imports were up 1.0…