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.
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.
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.
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,.
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.
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..
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.
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.
Many exporters are asking: “Why – in spite of our dollar trending so much lower from the days of parity – have we not seen a significant increase in Canadian exports?” There is a widely held perception that a weaker Canadian dollar should make the country’s exports cheaper to foreign buyers, leading to greater.
Antidumping and countervailing duties (AD/CVD) are customs charges aimed at counteracting artificially low prices on foreign goods by eliminating unfair price advantages. Antidumping duties combat the practice of dumping – when imported goods are priced so low as to intentionally lose money and out-compete.