What importers need to know about the CBSA and CRA
Importing goods into Canada can be a complex endeavor that requires an understanding of key regulations and procedures. Mandatory import processes and the collection of import duties and taxes are managed by the Canada Border Services Agency (CBSA) and the Canada Revenue Agency (CRA) – a pair of agencies among a.
Bi-weekly Freight Updates - July: latest news and updates on the worldwide supply chain
The worldwide supply chain is constantly changing. As we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, logistic delays, and port congestion persist. We provide you with freight updates that include some of the latest industry news, helping to.
How does the SIMA expedited expiry review process work?
The expiry review process performs a critical function under the Special Import Measures Act (SIMA), helping to protect Canadian industries against unfair business practices. An expedited expiry review streamlines the process of determining if SIMA anti-dumping and countervailing duties will apply to an imported good.
Explainer: What is a customs entry?
At Cole International, we believe that the more you know, the better your goods will go. Our Explainer posts provide valuable information from customs compliance consultants that you should know about before you make your next move. We understand that the logistics industry involves complex processes, regulations, and.
How does a circular supply chain improve business sustainability?
Incorporating sustainable practices into your business is not only good for the planet, it can also boost your bottom line. More than ever before, consumers consider sustainability when choosing how they spend their money. According to a Nielsen report, 66% of consumers surveyed are willing to pay a premium for.
Join us and celebrate National Logistics Day - June 28, 2024
Logistics are an indispensable part of modern supply chain economies. National Logistics Day, celebrated annually on June 28, recognizes the essential work of logistics professionals, ranging from truck drivers and stevedores to supply chain planners and warehouse specialists. Modern logistics support business growth.
Cargo vs. freight insurance - choosing the right coverage for importers
Lost or damaged cargo is an unfortunate part of operating as an importer. In fact, up to 1,382 shipping containers are lost at sea each year with an estimated annual loss of more than $4 trillion. You can protect against losses if you have the right insurance for lost or damaged shipments.
How do SIMA expiry reviews work for Canada imports?
Canada enforces the Special Import Measures Act (SIMA) to help protect local businesses and maintain a fair competitive landscape for Canadian industries. Typically, orders and findings undergo a SIMA expiry review every five years, resulting in potential market changes for Canada’s importers.
Explainer: Importer Security Filing (ISF) for Canadian importers
At Cole International, we believe that the more you know, the better your goods will go. Our Explainer posts provide valuable information from customs compliance consultants that you should know about before you make your next move. We understand that the logistics industry involves complex processes, regulations, and.
How to reduce import taxes and solve problems with online purchases
Online shopping is steadily rising in every corner of the world. Over 2.6 billion people were shopping online by the end of last year – nearly one third of the world’s population. Importers and shoppers can reduce import taxes and solve problems with online shopping by understanding regulations and their rights under.
