A piece of shipping history returns to Canada’s East Coast
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. A Historic New Brunswick.
Conditional Relief – Accurately Declaring the End Use of Your Imports Can Save You Duty
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.
Duty Drawback: A savings opportunity not to be missed
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.
Supply chain security – be part of the solution
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 while continuing to enable the legitimate flow of people and goods, vital to the well-being of businesses and the economy. International Supply Chain.
This one’s for importers: Know your customs responsibilities
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.
eManifest – How Recent Regulatory Changes Impact the Role of the Freight Forwarder
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.” Because agents are regulated, there are certain things they must comply with..
Canadian dollar: Devaluation = Increase in exports?
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 demand.
Exporting to the U.S.? What you need to know about antidumping and countervailing duties.
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.
Looking to reduce the costs of doing business? Who isn’t?
Companies ship their products down the street and around the world every day. In fact, shipping can be one of the more substantial expenses for a business – small or large. And in today’s competitive global marketplace, you need to keep on top of your expenses and be on the lookout for creative ways to reduce the.
Should I maintain my own HS Classification database?
We defer to experts for all kinds of things: maintaining our cars, fixing our computers, filing our taxes. It takes the guesswork out of these specialized jobs and gives us peace of mind that someone knowledgeable is taking care of us. But, whether you are a big or small business, you’re also looking for ways to save.
