Customs verifications (a.k.a. audits) are serious matters, and their impact on a business can be significant. You never know if or when Customs will come calling, but you can conduct your business to be prepared to weather an audit with minimal disruption.
Canada, the U.S. and Mexico, neighbours who trade more than $1 trillion annually, have been negotiating since August to rework this 24-year-old trade deal between them.
But NAFTA talks are moving slowly as Canada and Mexico seek to address a series of radical U.S. demands for change.
We all know about NAFTA… It’s undergoing its own renegotiation at this very moment, and the trade community needs to continue to keep an eye on what’s happening with NAFTA.
The Canada Border Services Agency (CBSA) carries out regular verifications (audits) of import activities in order to ensure compliance with requirements for tariff classification, product valuation and country of origin.
Scrap metal recycling involves the recovery of metal scrap from the manufacturing industries and from metal products that have reached the end of their useful life.
The scrap metal industry is an important and well-established one that offers both environmental benefits – diverting many tons of material from landfills every year to provide raw material for new products – and economic ones, offering many business opportunities along a complex supply chain.