Valuation of goods for Non-Resident Importers (NRIs)
Valuation of goods is a snarly topic at the best of times. It’s challenging territory to navigate and worth reading more about.
Compliance Verification Trends - September 2021
Canada Border Services Agency (CBSA) prioritizes certain industries and products for verifications to ensure ongoing compliance. The Agency keeps its verification priority list current on their website. Cole’s Audit Response Team also keeps track of trends we see in CBSA Verifications, which we share with you.
Freight update September 2021: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest freight news, so we can keep you abreast of the situation.
Single Window Initiative (SWI) - Survival Guide for ECCC Vehicle and Engine Emissions Program
The new SWI landscape The Single Window Initiative means several changes for importers:
Special Import Measures Act (SIMA): 2021 updates
What is SIMA? One of CBSA’s roles is to protect Canadian producers from unfair foreign competition. The Special Import Measures Act (SIMA) is part of that effort, specifically addressing the subsidizing and dumping of imported goods.
Incoterms: an importers guide
The Incoterms or International Commercial Terms are a series of trading terms and conditions designed to assist companies when goods are sold and transported. When both a buyer and seller agree to an Incoterm, it then allows both the buyer and seller to identify clearly where lies the responsibility of each party.
Freight update July 2021: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest freight forwarding news, so we can keep you abreast of the situation.
CARM: Cole's latest updates for importers
CARM Release 1 has rolled out and importers and customs brokers alike have begun to register and use the CARM Client Portal (CCP).
CBSA Verification Priorities: July 2021
Are your goods on it? The Canada Border Services Agency (CBSA) targets specific industries and products for extra attention at the border to ensure importers are compliant with requirements for tariff classification, product valuation and country of origin.