Blog Posts

What does Donald Trump mean to NAFTA?

Posted by U.S. Customs Dept. - Cole International on Feb 22, 2017 9:00:00 AM
Trump doesn’t like NAFTA
 
During the debates ahead of the U.S. election, Mr. Trump called NAFTA “the worst trade deal … ever signed in this country,” and has promised to take action on the agreement early on in his tenure as president.
 
Trump has repeatedly blamed NAFTA for taking U.S. manufacturing jobs and has indicated he may introduce border taxes on large auto companies, as one example, who continue to produce goods in Mexico.
 
Trump is now talking about either renegotiating the deal or withdrawing U.S. participation – recognizing the need to observe a legally-required 90-day consultation period that would have to precede a U.S. exit.
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Expand Your International Trade Opportunities

Posted by CDN Customs Consulting Dept. - Cole International on Feb 21, 2017 9:00:00 AM
The Canada-EU Comprehensive Economic and Trade Agreement
 
February 2017 update
 
We published an article about this agreement between Canada and the European Union back in November, shortly after it was signed. See our previous blog on CETA for a refresher.
 
The latest development is that, as anticipated, the European Parliament has now approved the deal. 
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Canada-U.S. trade in uncertain times

Posted by CDN Customs Consulting Dept. - Cole International on Feb 15, 2017 8:30:00 AM
Are you wondering how the political changes underway in the U.S. will affect your cross-border trade? If you are concerned that you may not continue to enjoy smoothborder crossings… We don’t blame you!
 
Given the uncertain direction of U.S. international trade – but knowing that things are not likely to get easier for U.S. trading partners – now is an excellent time to do what you can to solidify your position and reputation as a solid and trusted trade partner.
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A piece of shipping history returns to Canada’s East Coast

Posted by Freight Forwarding Dept. - Cole International on Feb 8, 2017 8:30:00 AM
This summer, Cole International had the pleasure of coordinating the transport of a piece of Canadian maritime history. The 800-pound hand-carved wooden figurehead was built to grace the bow of a sailing ship with a story that began over 140 years ago in a small port town in New Brunswick.
 
The Prince Victor, a classic three-masted sailing schooner, was built by Vail and Moran Shipbuilders in St. Martins, New Brunswick in 1870. The ship sailed around the world and changed ownership several times over 17 years of service on the seas.
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Conditional Relief – Accurately Declaring the End Use of Your Imports Can Save You Duty

Posted by CDN Customs Consulting Dept. - Cole International on Feb 1, 2017 8:15:00 AM
Here is another important piece of information for importers of goods into Canada: Certain dutiable goods can be brought into the country duty-free when the importer supplies attestations that the goods are being imported for specific end-uses. A certificate or record detailing the end use of the good must be furnished if requested. The normal record keeping requirements must be met.
 
Because the actual use of imported goods is often not realized until after importation, importers may file for duty refund once a qualifying end-use is determined. 
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Duty exemption: Don't pay if you don't have to!

Posted by CDN Customs Consulting Dept. - Cole International on Jan 25, 2017 9:00:00 AM
Paying duty on imported goods is a fact of life. Or is it?
 
You may already be aware of duty exemptions under Free Trade Agreements or Most Favoured Nation status among WTO countries, but duty breaks don't end there. There are actually more opportunities for duty exemption than many importers realize. Oftentimes, declaring the end-use of your imported goods will qualify goods that are normally dutiable for duty relief.
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Duty Drawback: A savings opportunity not to be missed

Posted by CDN Customs Consulting Dept. - Cole International on Jan 18, 2017 8:30:00 AM
 
What is Duty Drawback?
 
It’s a CBSA program that offers relief to Canadian businesses from payment of duties on imported goods that that meet certain criteria. 
Duty Drawback is an incentive program for Canadian manufacturers who produce goods for export purposes using imported components. 
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Supply chain security – be part of the solution

Posted by CDN Customs Consulting Dept. - Cole International on Jan 11, 2017 8:30:00 AM
Border agencies have been on high alert since the terrorist activities of September 11, 2001. The twin challenges they now face are to ensure security at the border whilecontinuing to enable the legitimate flow of people and goods, vital to the well being of businesses and the economy.
 
The Canadian and U.S. governments have each introduced a voluntary program in order to strengthen the international supply chain and improve border security.
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This one’s for importers: Know your customs responsibilities

Posted by CDN Customs Consulting Dept. - Cole International on Jan 4, 2017 8:30:00 AM
Canadian customs laws and regulations are complex and ever-changing, and importers large and small appreciate the challenges inherent in navigating such a system.
 
Non-compliance with customs requirements carries a range of penalties, the severity of which varies with the nature of the infraction. And while the monetary penalties may not be catastrophic, the non-monetary impact to a company’s reputation can be damaging and long- lasting.
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eManifest – How Recent Regulatory Changes Impact the Role of the Freight Forwarder

Posted by Freight Forwarding Dept. - Cole International on Dec 22, 2016 9:00:00 AM
The CBSA defines a freight forwarder as “An agent who arranges for the transportation of goods and who may provide other services such as grouping and consolidating shipments, de-stuffing containers, Customs brokerage, and warehousing.”
 
In June, 2013, the Canada Border Services Agency introduced new systems to allow freight forwarders to electronically transmit advance house bill data to the CBSA. This “eManifest” capability is part of an ongoing CBSA initiative to modernize and improve cross-border commercial processes, enabling CBSA to target high-risk imports before they reach Canada, while speeding up the clearance process for low-risk importers.
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