Trade News

The following is excerpted from the 18 April 2013 article by CBC News. The government's recently announced tariff cuts on sports equipment won't cover hockey helmets, the NDP's consumer affairs critic [Glenn Thibeault] says — and in fact the cost may increase as the government raises tariffs on…

The following is excerpted from the 18 April 2013 press release by Deloitte Almost two thirds (63%) of respondents to a new survey from Deloitte identified risk in the extended value chain – comprising vendors and customers and where they have less control - as their greatest concern with regards to…

The following is excerpted from today’s article by Buffalo News. The federal government is considering imposing a fee on passenger vehicles and pedestrians crossing the Canadian and Mexican borders. The Department of Homeland Security suggested studying the imposition of such a fee in its fiscal…

The following article was written by Jim Flaherty for the Globe and Mail. A lot has changed since the 1970s in the global economy. So why would we continue to administer – virtually unchanged – a foreign aid subsidy program based on the state of the global economy of the 1970s? We shouldn’t. In the…

Statistics Canada reports today that the wholesale sales remained unchanged at $48.8 billion in February, after rising 0.5% in January. There were decreases in five of the seven subsectors, especially machinery, equipment and supplies. These declines were mostly offset by higher sales in the motor…

Looking for the latest news about CBSA policies and procedures? Register today for the CSCB Atlantic Region Annual Conference, featuring a business program specifically designed for customs brokers. This year’s event will take place May 25 at the Casino New-Brunswick Hotel in Moncton. Come and hear…

With rapidly shifting trade patterns and continuing globalization of supply chains, importers, customs brokers and other service providers are facing increasingly demanding responsibilities to ensure that their practices meet multiple and sometimes conflicting objectives and expectations. This…

Valuation of imported goods and its compliance implications have been recognized by the CSCB and CBSA as a priority for education and training. As previously announced, Montreal will be the site of the first CBSA/CSCB joint seminar on valuation on April 30, 2013. Presenters and participants will…

The following lists the summary of proposed [US] AESTIR (affected documents only) changes as they relate to the current revisions to the FTR. The AESTIR changes will become final upon publication of the FTR final rule. However, due to the Automated Export System (AES) upgrade, changes to the AESTIR…

The following is excerpted from the 17 April 2013 article by the Journal of Commerce. U.S. Customs and Border Protection will test allowing customs brokers to pre-certify importers for participation in the Importer Self-Assessment program. The primary goal of the Broker Importer Self-Assessment Pre…

The following is excerpted from 17 Apr 2013 article by Reuters Canada. The Bank of Canada chopped its economic growth forecasts and welcomed signs of a cooler housing market on Wednesday as it left its benchmark lending rate unchanged and said it still expects its next move on interest rates to be…

The following is excerpted from the 16 April 2013 news release by Agriculture Canada. Canadian canola producers and exporters will have expanded access to the lucrative Chinese market, Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast announced today. China has approved an…