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Trade News

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WTO cuts world trade growth forecasts from 4.7% to 3.1% for 2014

October 3, 2014
The World Trade Organisation said the trade in global goods trade will grow less than hoped this year and next as regional conflicts and the Ebola outbreak slow down economies. A 3.1% year-on-year increase in trade in goods is expected in 2014, much less than the 4.7% the WTO forecast in April, said…

NAFTA Freight Flows Down Again in July

October 3, 2014
Monthly freight flows between the U.S. and its NAFTA partners fell 1.8 percent in July to $101.1 billion, according to statistics released Sept. 25 by the Department of Transportation. However, these data show that the value of total U.S. trade with Canada and Mexico rose 8.5 percent from July 2013…

Canada plunges to unexpected trade deficit

October 3, 2014
Canada posted an unexpected trade deficit of $610-million in August, snapping a string of strong trade numbers, as imports surged while exports took a breather. Statistics Canada reported that imports jumped 3.9 per cent from July, to a record $44.8-billion, led by mining and energy products…

Health Canada bans drug ingredients from 3 factories in India

October 2, 2014
Six months after the U.S. Food and Drug Administration sounded a warning on generic drug maker Apotex’s quality standards, Health Canada has moved to ban the import of all drugs and drug ingredients from three factories in India, two of them associated with Apotex. Minister Rona Ambrose announced…
MEMBERS ONLY

CSCB Customs Quick Facts

October 2, 2014
This is a reminder to CSCB members to visit the CSCB Customs Quick Facts regularly for a list of Customs-related questions we’ve received from members across the country and answers we’ve received from the many CBSA contacts with whom we maintain relationships. We believe this list is of benefit to…

Small Exporters and Diversification

October 2, 2014
Exporting. Globalization. Diversification. These are big terms, and we usually associate them with big business. We can even go as far as to think that in a great, big, new, trading world, small business really doesn't fit the model, doesn't really belong in the game - that you really need size and…
MEMBERS ONLY

How to receive important CSCB emails instantly!

October 2, 2014
The CSCB would like to remind members that in addition to the CSCB end-of-day email, entitled CSCB Daily Articles, members can chose to receive emails from specific categories, as soon as they are sent. To subscribe to specific categories, please log in to your CSCB account, select Email Preferences…
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Customs Tariff – Update

October 1, 2014
The CSCB has been in touch with CBSA several times today regarding issues associated with the most recent tariff update. At this time, CBSA is unable to provide a timeline in which CADEX will be updated. We have requested that penalties be waived for late accounting due to the errors in the tariff…

Third CCS Quiz for 2014 starts tomorrow!

October 1, 2014
The third quiz for CCS designates will be available between 2 October and 23 October. As always, the quiz is worth ten professional development points toward maintenance of the CCS designation, and is FREE of charge. For other CCS points approved activities, please visit our website at: http://cscb…
MEMBERS ONLY

Recent Tariff Update

October 1, 2014
Members have advised the CSCB of duty rate errors in certain items of heading 9506. The duty rates shown in the most recent version of the tariff for these items are not the reduced rates which came into effect in 2013. We have contacted CBSA and they have advised they are working on amending these…

ACROSS Rejects

October 1, 2014
The CSCB has been advised by its members of release requests that are being rejected entries due to the use of expired tariff items. As well as adding the Honduras tariff treatment, other changes were made in the tariff and there was no prior notice regarding these other changes. The CSCB has…

Update to CFIA AIRS Website

October 1, 2014
a) Chapter 07 was published to; i) change the release recommendation from "Approved" to "Refuse entry" for the following HS codes originating from India. 07.02.00.0001 - Tomatoes, field (fresh or chilled). (Lycopersicon esculentum) 07.02.00.0002 - Tomatoes, greenhouse (fresh or chilled).…