Trade News

The following is excerpted from the 7 March 2013 edition of The Globe and Mail. The U.S. trade deficit in January widened more than expected as fuel oil exports slumped and crude oil imports rose, a U.S. government report showed on Thursday. The monthly trade gap totaled $44.4-billion (U.S.), higher…

The following is excerpted from the 7 March 2013 edition of CBC News. Negotiators from the federal and provincial governments are spending a second week in Brussels for intensive negotiations toward a Canada-European Union Free Trade Agreement. The Canada-EU talks were originally supposed to wrap up…

The following is from the 6 March 2013 edition of Journal of Commerce. Supply chains will soon feel the federal budget sequestration’s impact on Customs and Border Protection, a trade attorney warned the JOC’s 13th annual TPM Conference. Without a permanent Customs commissioner, the agency is unable…

CBSA has provided the following eManifest information sheets, in english and french, for carriers and US exporters: Things Highway Carriers Need to Know About eManifest Dix choses que les transporteurs routiers doivent savoir sur le Manifeste électronique Information for U.S. Shippers - eManifest…

The following has been updated on the Foreign Affairs and International Trade Canada website: List of Notices to Importers/Exporters http://www.international.gc.ca/controls-controles/notices_avis/exp/list…

The following is a CBSA Message regarding eManifest rail carriers. As you are aware, the Canada Border Services Agency (CBSA) deployed electronic systems for rail carriers to transmit cargo and conveyance data in May 2012. Please be advised that eManifest requirements for rail carriers will be…

The following is a CBSA Message regarding eManifest highway carriers. I am writing to you today to confirm that the Canada Border Services Agency (CBSA) is extending the eManifest informed compliance period for highway carriers as a result of the timelines associated with the regulatory process…

The following is excerpted from a 6 March 2013 news release by The Conference Board of Canada. China and Brazil will shine, Europe and Japan will lose ground, and growth in the United States will remain hostage to political confrontations, according to The Conference Board of Canada’s World Outlook…

The following is excerpted from a 6 March 2013 news release by the Bank of Canada. The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic…

The following is from the 6 March 2013 edition of Canadian Transportation and Logistics Magazine. Canada could become a leader in terms of building a North American Gateway, said a new report released today by the Asia Pacific Foundation of Canada (APF Canada). The report, “Seizing the Continent…

The following is from the 5 March 2013 edition of American Shipper. U.S. Customs is using plans for how to resume business in the wake of a natural or man-made disaster as a guideline for dealing with the forced budget cuts that went into effect March 1, the agency said in a memo over the weekend…

Brokers are advised that the correction period for February 2013 Softwood Lumber permits ends March 11, 2013, at 17:00 ET. We remind you of the importance of submitting correct information on permits as this is imperative to the operation of the Softwood Lumber Agreement. Please submit permit…

The following is excerpted from the 4 March 2013 edition of The Journal of Commerce. Merchandise trade showed “moderate growth” in the major economies during the fourth quarter of 2012, according to the Organisation for Economic Co-operation and Development’s International Trade Statistics report…

The following is excerpted from a 4 March 2013 news release by Foreign Affairs and International Trade Canada. The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the conclusion of foreign investment promotion and protection agreement…

The following has been updated and is now available on the CBSA Web site: Memorandum D1-4-1, CBSA Invoice Requirements In Brief The increase in the Low Value Shipment (LVS) threshold has been reflected. The name of the issuing office has been updated. This memorandum explains the CBSA invoice…

The following is excerpted from a 4 March 2013 news release by Canada Border Services Agency. The Minister of Public Safety, the Honourable Vic Toews, today announced that the Ambassador of Canada to the European Union (EU), David Plunkett, Ireland's Permanent Representative to the European Union…

Dumping case number: AD/1399 Dumping file number: 4214-38 Subsidy case number: CV/135 Subsidy file number: 4218-36 The Canada Border Services Agency (CBSA) initiated investigations on March 4, 2013, under the Special Import Measures Act, respecting the alleged injurious dumping and subsidizing of…

The Department of Finance announced today that Canada’s official international reserves increased by an amount equivalent to US$468 million during February to US$69,358 million. This release is available in its entirety at: http://www.fin.gc.ca/n13/13-030-eng.asp

The following is excerpted from a 4 March 2013 news release by Canada Border Services Agency. The Canada Border Services Agency (CBSA) announced today that it is initiating investigations into the alleged injurious dumping and subsidizing of certain unitized wall modules originating in or exported…

The following meat hygiene directives are now available in HTML and PDF versions at: http://www.inspection.gc.ca/eng/1331330793114/1331330868647 MHD 2013-19 Chapter 11 - Section 11.7.3 - European Union (2013-02-25) MHD 2013-18 Chapter 11 - Section 11.7.3 - Albania (2013-02-22) The PDF version of…