On August 15, 2017, the Fraser Institute released a Report entitled “The Fate of NAFTA: Possible Scenarios and their Implications for Canada”. It is an important document to review.
Canada Releases List of NAFTA Modernization “Core Objectives”
On August 14, 2017, Canada’s Foreign Affairs Minister, Chrystia Freeland delivered Canada’s list of NAFTA Modernization (note, not “renegotiation”) “core objectives”. Minister Freeland stresses that Canada’s mission is a modern and progressive free trade agreement. She stressed that “Trade is about people” and jobs in Canada and Canada’s NAFTA partners. Canada’s approach will be to
What is in a Name?
Originally published by the Journal of Commerce in August 2017.
We are now a few months (almost 7) into Mr. Trump’s Presidency and it is still not clear – what is the Administration’s trade policy? The general press is rife with stories about the warring factions within the Administration – those who xenophobically want to
Gamblers Are Often Stopped By The CBSA Who Ask Questions If Winnings Are Proceeds Of Crime
If you are a Canadian citizen or Canadian resident and have been lucky in Las Vegas, Atlantic City, Paradise Island, Macau or other gambling destinations, be prepared to be asked questions by the Canada Border Services Agency (“CBSA”) when you return to Canada with your winnings. The CBSA sees a large amount of money and
Do You Know The Canadian Marking And Labelling Rules For Importing Textile Products Into Canada?
Canada
There are several pieces of Canadian legislation that prescribe marking and labelling requirements for textile products that are imported into Canada. While it is difficult to provide specific requirements without detailed information about the product, and certain exemptions may be available, the manufacturer, importer, target market, etc, the following marking/labelling requirements may apply:
1)
Canada-EU CETA Will Eliminate Duties On Medical Devices
Canada
Let the sales begin! On September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (“Canada-EU CETA”) will come into provisional effect. The tariff elimination and tariff reductions commitments will come into effect, including the duty-free treatment for medical devices. Canada has advanced medical device technology, as does the EU.
This means that,
Exporters May Be Required To Complete An Export Declaration Even If The Goods Do Not Require An Export Permit
Many Canadian companies do not know that exporters (or their freight forwarder) must complete an export declaration (Form B 13A) for any export of goods and/or technology to any country (except the United States & Puerto Rico and the U.S. Virgin Islands) valued over at $CDN 2000 or more (subject to regulated exceptions).
Trading with China – New Reasons To Be Wary!
Yesterday, August 2, 2017, President Trump signed into law H.R. 3364, the “Countering America’s Adversaries Through Sanctions Act”. The general press is covering this story by writing about Russia’s initial retaliation taking the form of cutting the staff authorized at the U.S. embassy in Moscow and the seizure of certain U.S. diplomatic property within Russia.
August Civic Holiday: Survival Guide For Canada-US Cross Border Travel
The August Civic Holiday long week-end will be here soon. Canadians travel outside Canada to visit friends and family and to shop. The Canada Border Services Agency (“CBSA”) is on the lookout for contraventions of the Customs Act and other border laws.
Here is our survival guide to make sure the CBSA is happy with
How To Start A Trade Compliance Program? Who, What, When, Where, How Questions To Ask
Canada
The trade landscape is changing for many Canadian companies. Canada is involved in the renegotiation of NAFTA. The Canada-Ukraine Free Trade Agreement comes into effect on August 1, 2017. The Canada-EU CETA enters into provisional effect on September 21, 2017. The Government of Canada is updating export controls and economic sanctions laws and Global