Transport Canada announced last week (Dec. 18) new regulations requiring the adoption of two new technologies by commercial trucks and buses and their drivers. These new regulations mirror similar road safety regulations already in place in the U.S.
Auditor General report – March 2017
As previously reported in this space, the Auditor General of Canada completed a review of Canadian customs duties last March. In response to that report’s recommendations, the Canada Border Services Agency (CBSA) will be making changes to its compliance and enforcement regime over the next two or so years.
Customs compliance… It sounds important, doesn’t it? Well, it sure is!
You’ve certainly heard of customs compliance, but do you fully understand what’s involved?
The U.S. government regulates the import of all wood and wood-containing products into the U.S. And, because these items can carry and introduce harmful pests, their import is tightly monitored. Material made of wood that is used as packaging (such as crates, pallets, dunnage, etc.) is also subject to import regulations.
The matter of trade was front and centre in Trump’s 2016 presidential campaign. Since gaining office, he has repeatedly threatened to terminate NAFTA if Canada and Mexico don’t go along with the major changes he’s after – changes that, naturally, favour the U.S. and align with his protectionist ideals.
Every shipment of goods imported into the U.S. is subject to a Merchandise Processing Fee (MPF). The MPF has been in place for thirty years and its impact should be taken into account when considering all the costs of importing goods to the U.S.
U.S. Customs and Border Protection (CBP) announced in a recent Federal Register notice that the MPF will be increased to account for inflation, with the new rates taking effect January 1, 2018.