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Trade News

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Leading Indicator of Industry Profitability: June 2012

The following is excerpted from a June 2012 report by The Conference Board of Canada. The monthly Leading Indicator of Industry Profitability is constructed from high frequency data series. The indicators are designed to be predictive of movements in corporate profitability six months hence. An industry leading index is created for the economy as a whole, as well as for 49 individual sectors within the economy, thus providing coverage for most of the private business activity that takes place in Canada. This report is available in its entirety at:

Jordan trade bill expected to pass before summer - but not Panama

The following is excerpted from the 13 June 2012 edition of Embassy Magazine. The Harper government is hoping to ratify Canada's first trade deal with an Arab country before Parliament rises for the summer break, but another bill to ratify a trade deal with Panama likely won't get a chance to pass until the fall.

Harper mum on campaign for second bridge to Detroit

The following is excerpted from the 12 June 2012 edition of The Globe and Mail. Canada has reached an accord with Michigan’s governor to build a second bridge between Windsor and Detroit, sources say – another step forward in a decade-long battle by Ottawa to broaden the biggest conduit for two-way trade with the United States. About 25 per cent of the goods Canada and the U.S. sell to each other in any given year cross over the existing Ambassador Bridge between Ontario and Michigan.

Government of Canada Restores Market Access for Canadian Beef to Peru

The following is excerpted from an 11 June 2012 news release by Agriculture and Agri-Food Canada. Canadian beef producers will benefit from newly restored market access to Peru, Agriculture Minister Gerry Ritz and International Trade Minister Ed Fast announced today. Effective immediately, the Peruvian market has been reopened for Canadian bone-in beef under 30 months of age, boneless beef of all ages, and offal.

Canada-EU trade deal: It’s time to make the hard choices

The following is excerpted from the 12 June 2012 edition of The Globe and Mail. The first big test for Prime Minister Harper’s ambitious trade negotiations agenda will come late this year with the expected climax of the negotiations between Canada and the EU. The outcome will determine the credibility of the government’s trade agenda. EU negotiators were in Ottawa last week to tackle some of the remaining issues and we are fast approaching the time for hard choices about its final content.

Ritz: 'disconnect' between Obama administration and US 'trade bureaucrats' on Trans-Pacific talks

The following is excerpted from the 13 June 2012 edition of Embassy Magazine. Agriculture Minister Gerry Ritz says there appears to be a "disconnect" within the United States government on Canada's possible entry into the Trans-Pacific Partnership trade talks. About seven months after the Harper government said it wanted to join the TPP, Canada's top agriculture official says he is still waiting for the US, along with Australia and New Zealand, to officially accept Canada's bid. This article is available in its entirety at:

Update to CFIA AIRS Website

Chapter 44 was published to streamline the conditions for the following HS Codes. 44.08 - Sheets for veneering (including those obtained by slicing laminated wood), for plywood or for similar laminated wood and other wood, sawn legthwise, sliced or peeled, whether or not planed, sanded, spliced or end-jointed, of a thickness not exceeding 6 mm

Second CCS Quiz for 2012 available on 14 June!

The second quiz for CCS designates will be available between 14 June and 5 July. As always, the quiz is worth ten professional development points toward maintenance of the CCS designation, and is FREE of charge. Mark your calendar! Don't miss out on this opportunity to obtain ten points! The third quiz of 2012 will be available on the following dates: Available Due Quiz 3 September 27 October 18

Contech Holdings Canada Inc. vs CBSA, Appeal Nos. AP-2010-033 and AP-2010-042

Decision and reasons issued Thursday, May 17, 2012 IN THE MATTER OF appeals heard on December 1, 2011, pursuant to subsection 67(1) of the Customs Act, R.S.C. 1985 (2d Supp.), c. 1; AND IN THE MATTER OF 17 decisions of the President of the Canada Border Services Agency, dated May 12 and 28, 2010, with respect to requests for further re-determinations, pursuant to subsection 60(4) of the Customs Act. BETWEEN CONTECH HOLDINGS CANADA INC. Appellant AND THE PRESIDENT OF THE CANADA BORDER SERVICES AGENCY Respondent

Levelor Home Fashions Canada vs CBSA, Appeal No. AP-2011-015

Decision and reasons issued Tuesday, May 22, 2012 Corrigendum issued Thursday, June 7, 2012 IN THE MATTER OF an appeal heard on January 24, 2012, pursuant to subsection 61(1) of the Special Import Measures Act, R.S.C. 1985, c. S-15; AND IN THE MATTER OF a decision of the President of the Canada Border Services Agency, dated March 21, 2011, pursuant to section 59 of the Special Import Measures Act with respect to requests for re-determination under section 58. BETWEEN LEVOLOR HOME FASHIONS CANADA Appellant AND

'We will not negotiate to destroy any one sector:' Moroccan foreign minister

The following is excerpted from the 12 June 2012 edition of Embassy Magazine. Heading into a third round of talks toward a free trade deal with Canada, Morocco’s foreign minister says he’s happy with the progress so far and “will not negotiate to destroy any one sector.” Both economies should benefit, says Saad Dine El Otmani. This article is available in its entirety at:

Canada and the United States establish joint port operations committees at eight Canadian airports

The following is excerpted from a 10 June 2012 news release by Public Safety Canada. As part of their commitment under the Beyond the Border Action Plan for Perimeter Security and Economic Competitiveness, Canada and the United States announce the establishment of Binational Port Operations Committees at eight Canadian airports that provide a U.S. preclearance service. This will facilitate legitimate cross-border trade and travel and promote collaboration on overall port management, and also facilitate the existing 20 committees established at land border ports.

Changes to Import Notification Requirements for Products in the Non-Federally Registered Food Sector - Ninth Phase: Amendments to Annex 1

The Canadian Food Inspection Agency (CFIA) is continuing to implement changes to import notification requirements for commodities that fall under its jurisdiction. This initiative should improve the availability of the information the CFIA uses to identify and track food products when food safety issues occur. It will not have an effect on the trade of safe food products. The changes will be implemented in about 10 phases over two years. Approximately 1500 commodities will be affected. Effective June 25, 2012, phase 9 of this initiative will come into effect.

Register now for the CBSA/CSCB joint seminar on HS Classification

If you haven’t registered yet for the CBSA/CSCB joint seminar on HS Classification, there is still time. Registration was initially limited to one person per corporate firm with an office in the CSCB QC region but we are now opening up registration to everyone as a first come first serve basis.