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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.

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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.

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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.

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Duty over 200% - How did that happen?

It can be a challenge to keep track of all the rules and costs associated with the import of goods into Canada. And sometimes, just when you thought you knew what the duty rate was, you get surprised with an unexpectedly high rate of over 200 percent! In this blog, we'll try to inject some clarity into the matter of.

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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.

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What are the new SOLAS Requirements for Verified Gross Mass?

This summer, the International Maritime Organization adopted amendments to the Safety of Life at Sea Convention (SOLAS) aimed at enhancing maritime safety and reducing risks in ocean freight transport. Included in these amendments are new rules pertaining to the verification of the weight of packed shipping containers.

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Tariff Classification – Do your homework and get it right the first time.

“Quality is never an accident. It is always the result of an intelligent effort.” - John Ruskin, Art Critic and Writer Proper tariff classification is the foundation of import and export trade compliance. The Harmonized Commodity Description and Coding System (also known as the Harmonized System, or HS) is the.

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The Comprehensive Economic and Trade Agreement (CETA) has been signed!

October 30, 2016, marked an auspicious day for the future of trade between Canada and the European Union (EU). That day, leaders on both sides signed the Comprehensive Economic and Trade Agreement (CETA).

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My shipment isn’t that valuable. Should I bother to insure it?

Yes! A lot of people don’t purchase freight insurance because they think it’s unnecessary: their cargo is indestructible, it’s not attractive to thieves, or it’s not valuable enough to warrant the protection offered by insurance. But… Insuring your shipment is always advised. Even if your goods aren’t worth a great.

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Certificate of Origin: An important component of importing under Canada’s Free Trade Agreements

A certificate of origin is a legal document that certifies a shipment’s country of origin. In the context of free trade agreements (FTAs), certificates of origin are required in order to qualify for a reduced duty rate. The rules around certificates of origin and associated duty relief are specific to each FTA.

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