Blog Posts

CBSA’s New Accounting System: Let’s understand this a little better

Posted by Customs Brokerage Department - Cole International on Jul 26, 2017 8:13:00 AM
 
CARM
 
The Canada Border Services Agency (CBSA)’s Assessment and Revenue Management project (CARM) is a large, multi-year project focused on transforming how the CBSA assesses, collects, manages and reports on import revenue and trade information. Among its goals is the simplification of accounting systems with the agency’s commercial trade partners.
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Has the new 2017 Customs Tariff impacted you?

Posted by Canadian Customs Dept. - Cole International on Jul 19, 2017 9:57:00 AM
 
HS system
 
The Harmonized Commodity Description and Coding System (HS) is the internationally recognized system for coding and describing products for trade. The HS was developed and is maintained by the World Customs Organization (WCO).
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Canada-Ukraine Free Trade Agreement

Posted by NAFTA & Free Trade Dept. - Cole International on Jul 14, 2017 11:26:35 AM
 
Canadian importers and exporters can now count Ukraine among the nations with which they can engage in duty-free trade.
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CETA finally has an implementation date.

Posted by CDN Customs Consulting Dept. - Cole International on Jul 10, 2017 10:13:34 AM
The Canada-EU Comprehensive Economic and Trade Agreement (CETA) finally has an implementation date. 
 
Prime Minister Justin Trudeau and European Commission president Jean-Claude Juncker made a joint statement on the weekend [July 8] announcing that the provisional application of the massive deal will come into effect on September 21. Trudeau and Juncker were among dozens of world leaders gathered for the G20 summit meeting in Hamburg, Germany last week.
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Get with the times! Boost supply chain efficiency through best use of technology

Posted by Canadian Customs Dept. - Cole International on Jul 5, 2017 9:00:00 AM
 
Businesses large and small depend on digital information transfer to facilitate commercial transactions all along the supply chain – from handling inquiries to placing orders to electronic payment and shipping.
 
The internet has become an enabler of commercial global enterprise – organizations can now move information faster than products because doing so can give them a competitive edge.
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Your NAFTA Certificate of Origin: Taking a closer look

Posted by NAFTA & Free Trade Dept. - Cole International on Jun 28, 2017 9:00:00 AM
 
Does it frustrate you when you receive an incomplete NAFTA certificate from your supplier?
 
Do you often wish there was an easier way to check if your NAFTA certificates are valid?
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How to apply for an Advance Ruling

Posted by CDN Customs Consulting Dept. - Cole International on Jun 21, 2017 9:00:00 AM
 
What is it?
 
An advance ruling is a legally binding designation of the classification of goods for the purpose of assigning tariffs. Advance rulings are issued by CBSA under the Customs Act and serve to provide clarity by confirming a good’s tariff classification number under the Canadian Customs Tariff.
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Going global – Is it time to take the leap?

Posted by CDN Customs Consulting Dept. - Cole International on Jun 14, 2017 9:00:00 AM
 
According to the latest analysis, of Canada’s one million small- and medium-sized businesses, only about 40,000 are exporters - and just 10,000 of those export outside the U.S.
 
Sure, our big neighbour to the south is our closest and largest trading partner but, given the current climate of uncertainty there – not to mention the massive untapped potential of overseas markets – now may be an ideal time to broaden your customer base.
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Is your Canadian customs broker offshoring?

Posted by Customs Brokerage Department - Cole International on Jun 7, 2017 9:00:00 AM
 

Did you know that some Canadian customs brokers “offshore” specific customs processes to third parties?
 
Are you wondering if your information is being viewed and accessed by a third party in another country?
 
Do you want some information on what this could mean for you?
 
Then read on!
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Attention importers! Auditor General’s Report on Customs Duties may affect you

Posted by CDN Customs Consulting Dept. - Cole International on Jun 5, 2017 9:00:00 AM
A report by the Auditor General of Canada on Canadian customs duties is likely to result in changes to the customs compliance and enforcement regime.
 
Released in March, the report considered the roles of three federal agencies – the Department of Finance Canada, Global Affairs Canada, and the Canada Border Services Agency – and whether they adequately managed customs duties according to their roles and responsibilities.
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