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Trade News

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You may search all CSCB articles here. Please note, articles with a dark blue background and the MEMBERS ONLY indicator are accessible only to logged-in employees of corporate member firms. Please click on the title link to access the article.

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Minister Fast Concludes First Stop in Italy on European Trade Mission

January 22, 2015
The Honourable Ed Fast, Minister of International Trade, today concluded his second trade mission to Italy, promoting a deeper bilateral trade and investment relationship between the two countries... Minister Fast met with government representatives...to discuss the growing Canada-Italy bilateral…

Canada and Israel improve transportation links

January 22, 2015
The Honourable Lisa Raitt, Canada’s Minister of Transport, was in Israel today to sign an Air Transport Agreement, a Declaration of Intent on Aviation Security, and a Memorandum of Understanding on transportation with Mr. Yisrael Katz, Israel’s Minister of Transport and Road Safety. ...the agreement…

CBSA Message (TCC15-013) - Reminder to clients

January 22, 2015
*Reminder* Duplicate Cargo Control Numbers If you receive a reject message on your release transaction for “invalid status of request/cargo control number” or “ccn in history” (error code 464 and T36) there is no need to contact the EDI hotline during the day or after business hours. These reject…
MEMBERS ONLY

Stale-dated Refund Cheques

January 21, 2015
One of our members recently received some information from CBSA that he kindly shared with the CSCB. This message advises the process to follow when significant time has passed between receiving a refund cheque and depositing same. If you are concerned whether a refund cheque remains still valid…
MEMBERS ONLY

Non-resident Importers

January 21, 2015
The CSCB has been advised of recent instances in the GTA where CBSA questioned why an importer on a release request was a non-resident. A meeting is taking place in Toronto to discuss this issue, and we have been asked to see if other members have experienced this. If so, it would be appreciated if…

Bank of Canada shocks markets with cut in key interest rate

January 21, 2015
The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices... The overnight rate, which moves down to 0.75 per cent, had been at one per cent since September 2010. The cut will result…

CFIA AIRS Updates, 21 January

January 21, 2015
a) Chapter 01 was published to change the release recommendation from "CBSA Inspection" to "Refer to CFIA-NISC" for the following HS codes originating from the states of Washington and Oregon. 01.05 - Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and…

CETA negotiations with Ottawa suspended over fisheries fund, N.L. says

January 20, 2015
Newfoundland and Labrador is suspending support for CETA and all trade agreements currently being negotiated with the federal government. Darin King, the province's business minister, said the province's dispute with Ottawa over CETA — the Comprehensive Economic and Trade Agreement — is still…

Canadian Importers May Now Seek Import Duty Refunds

January 20, 2015
Since the introduction of the Transaction Value System of customs valuation by Canada on January 1, 1985, the Canada Border Services Agency (CBSA) has maintained a stated policy of denying refund claims of related party importers who seek to amend declared values for duty to account for adjustments…

[US] Export Controls on Crude Oil and Petroleum Products Outlined

January 20, 2015
The [US] Bureau of Industry and Security posted to its Web site recently the following information regarding U.S. controls on exports of crude oil and petroleum products. Crude oil is defined in the Section 754.2(a) of the EAR as “a mixture of hydrocarbons that existed in liquid phase in underground…

Mexico Implements Import Licensing Requirement for Footwear

January 20, 2015
...the Mexican government issued a decree on August 29, 2014, announcing a new set of measures aimed at preventing the undervaluation of imported footwear and enhancing the productivity and competitiveness of domestic footwear manufacturers. Among other things, the decree authorizes the Ministry of…

Canada targeted by more claims than U.S., Mexico under NAFTA

January 20, 2015
Canada has been the target of more claims in the North American Free Trade Agreement (NAFTA) than its Mexican and American partners, a new study has found. As a result, Canada has been forced to shell out more than $150 million in damages and tens of millions more in legal fees since the trade deal…

Ottawa threatens to use rare law in Buy America dispute in B.C.

January 20, 2015
The federal government is threatening to throw a wrench into Alaska’s plans to build on Canadian turf exclusively with American steel and iron. International Trade Minister Ed Fast said Canada took a rare step when it signed a legal order to block the state of Alaska from imposing the protectionist…
MEMBERS ONLY

In Memoriam - Andrew Scheve

January 20, 2015
The CSCB was saddened to learn of the passing of Andrew Scheve, a long-time employee of Schenker of Canada. Andrew started at Schenker in 1978 in a warehouse as a picker/packer/fork lift driver and worked his way up to National Customs Project Manager. He was an accomplished chef who loved to BBQ…

Canada Gazette - Notices and Proposed Regulations

January 20, 2015
Subscribers may be interested in the following, published on 17 January 2015 in Part I of the Canada Gazette. Canadian International Trade Tribunal Finding - Concrete reinforcing bar Order - Certain fasteners Environment, Dept. of the, and Dept. of Health Canadian Environmental Protection Act, 1999…