Trade News

The following is from the 1 March 2013 edition of American Shipper. The Canadian Trucking Alliance is preparing for "massive" disruption to Canadian businesses due to impending U.S. government spending cuts, known as sequestration, which are expected to take effect today. The association said…

The following is excerpted from a 1 March 2013 news release by Foreign Affairs and International Trade Canada. Gerald Keddy, Parliamentary Secretary to the Minister of International Trade, for the Atlantic Canada Opportunities Agency and for the Atlantic Gateway, today addressed foreign policy and…

The following is excerpted from a 2 March 2013 advisory from CBP. 1. How is CBP communicating information to stakeholders about the effects of the sequestration? Response: CBP port management will be reaching out to advise stakeholders of any changes in port operations, including procedures for…

The following is excerpted from the 1 March 2013 edition of Reuters Canada. Canadian Finance Minister Jim Flaherty expressed rare public frustration with the United States on Friday, saying it was regrettable that Canada's main trading partner kept lurching from crisis to crisis. Political deadlock…

The following is excerpted from a 1 March 2013 news release by Canada Border Services Agency. The Canada Border Services Agency (CBSA) today announced the opening of an additional NEXUS lane at the Peace Bridge border crossing located at Fort Erie, Ontario and Buffalo, New York, providing more…

The following is excerpted from a 2 March 2013 advisory by CBP. Using lessons learned from the impact of previous trade disruptions, U.S. Customs and Border Protection and trade stakeholders strive to improve our business resilience strategy to secure the supply chain and facilitate legitimate trade…

CBP has released a list of frequently asked questions regarding Impacts to Travel and Trade during Sequestration. It is available on the CBP website at: http://www.cbp.gov/xp/cgov/newsroom/advisories/seq_faq.xml

Canada Revenue Agency has updated Supplementary Form N15-1, used to request a refund of tax paid on exported vehicles. It is available on the CRA website at: http://www.cra-arc.gc.ca/E/pbg/ef/n15-1/README.html

The following is excerpted from a 1 March 2013 news release by Industry Canada. The Honourable Christian Paradis, Minister of Industry, and the Honourable Vic Toews, Minister of Public Safety, today introduced the Combating Counterfeit Products Act. This new legislation will protect Canadian…

Members may be interested in the following, published on 2 March 2013 in Part I of the Canada Gazette. 1. Canadian International Trade Tribunal, Expiry of Order regarding Structural Tubing. http://www.gazette.gc.ca/rp-pr/p1/2013/2013-03-02/html/commis-eng.html#… 2. Department of the Environment…

The following is excerpted from the 1 March 2013 edition of CBC News. A set of leaked documents obtained by The Canadian Press show Canada and the European Union are still far apart in deciding how much power investors should have under their pending free-trade agreement. A Feb. 7 draft of the…

The Canada Revenue Agency has released the following publication: NEWS87, Excise and GST/HST News – Winter 2013. It is available on the CRA website at: http://www.cra-arc.gc.ca/E/pub/gr/news87/news87-e.html

This is a reminder that two exemptions in the Perfluorooctane Sulfonate and its Salts and Certain Other Compounds Regulations (PFOS Regulations) will expire on May 29, 2013, affecting the metal plating and firefighting sectors: 1. The use, sale and import of a PFOS-based fume suppressant will be…

The following is excerpted from the 1 March 2013 edition of The Montreal Gazette. Canadians who were promised a speedier crossing at the U.S. border could discover in the coming months that the lineups have only grown longer. As the clock ticked down to a political showdown in Washington on Friday…

The following is excerpted from the 27 February 2013 edition of The Windsor Star. Local businesses that rely on cross-border trade are anxiously awaiting the outcome of the sequestration tussle in the U.S. that could lead to 5,000 border guards losing their jobs, and lengthy border delays. “I can…

The following is excerpted from a 28 February 2013 commentary by Peter G. Hall of EDC. Normally, this column is forward-looking, but occasionally, it pays to reflect on recent events. Annual merchandise trade data for 2012 are hot off the press, and analysts are still dissecting the details. Here…

The following is excerpted from a 27 February 2013 news release by Agriculture and Agri-Food Canada. Three new reports released today by Agriculture and Agri-Food Canada are showing a positive outlook for farmers in 2013. “The forecast for 2012 reflects that farm incomes are once again at an all…

The following is excerpted from the 28 February 2013 edition of CBC News. A leaked draft of part of the Canada-Europe trade talks shows that Canada's vaunted banking system is on the negotiating table. The Canadian Press has obtained the Feb. 1 version of the services chapter of the Canada-Europe…

The following is from the 26 February 2013 edition of American Shipper. A trade facilitation agreement by the World Trade Organization would benefit the supply chain by reducing trade blockages at borders, according to the Global Air Cargo Advisory Group. Customs procedures are at the heart of such…