Increased possibility of high duties: How SIMA can affect your import costs
What is SIMA? One of the functions of the Canada Border Services Agency (CBSA) is to help protect Canadian producers from unfair foreign competition. In this spirit, the Special Import Measures Act (SIMA) helps protect Canadian industry from the unfair subsidizing and dumping of imported goods. CBSA and the Canadian.
Cargo Insurance: Is it worth it?
Shippers are more concerned than ever about protecting themselves against potential risks to their goods along the supply chain. You may be asking: Is it worth it to get cargo insurance? What does cargo insurance protect me against?
You and your customs broker: It takes two
Finding the right customs broker is like hiring anyone else to work for your company: you need to ask the right questions to make sure you're teaming up with the right person. There are many customs brokerages willing to work for you. It's up to you to identify the one that will be the best fit – who will work as your.
Incoterms – Providing clarity in International Trade
What are Incoterms? Incoterms (full name: international commercial terms) are standard sets of terms and conditions designed to assist traders when goods are sold and transported. Published by the International Chamber of Commerce, they are intended to clearly communicate the costs and risks associated with the.
A golden opportunity for U.S. importers: Importer Self-Assessment
What is it? Importer Self-Assessment is a U.S. Customs and Border Protection (CBP) program that offers qualified U.S. importers exemptions from certain security inspections and comprehensive audits, as well as expedited cargo release services. Started in 2002, the ISA program is based on the premise that importers.
Importing Wooden Products into Canada
The Canadian government regulates the import of all wooden products and wood-containing products into Canada. And, because these items can carry and introduce harmful pests, their import is tightly controlled. The Canada Border Services Agency (CBSA) works closely with the Canadian Food Inspection Agency (CFIA) to.
Take charge of the shipping process to improve your success rate at the border and beyond
We hear concerns from importers and exporters every day. Concerns such as… "My carrier had to wait at the border, causing delays for not just my shipment but all the shipments on the truck." "My air shipment arrived and was not accepted by CBSA so it didn’t clear until the next day. I might as well have sent it by.
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.
