How do SIMA expiry reviews work for Canada imports?
Canada enforces the Special Import Measures Act (SIMA) to help protect local businesses and maintain a fair competitive landscape for Canadian industries. Typically, orders and findings undergo a SIMA expiry review every five years, resulting in potential market changes for Canada’s importers.
Explainer: Importer Security Filing (ISF) for Canadian importers
At Cole International, we believe that the more you know, the better your goods will go. Our Explainer posts provide valuable information from customs compliance consultants that you should know about before you make your next move. We understand that the logistics industry involves complex processes, regulations, and.
How to reduce import taxes and solve problems with online purchases
Online shopping is steadily rising in every corner of the world. Over 2.6 billion people were shopping online by the end of last year – nearly one third of the world’s population. Importers and shoppers can reduce import taxes and solve problems with online shopping by understanding regulations and their rights under.
International Trade Law Canada - a brief primer for importers and exporters
The global trade market provides valuable opportunity for Canadian importers and exporters. Complying with Canada’s international trade law is an inescapable part of successfully leveraging trade relationships that Canada maintains around the globe.
How does transfer pricing impact importers in Canada?
Transfer pricing can be a vital strategic tool for companies that create goods or provide services in multiple countries. A multinational enterprise (MNE) that imports goods from a business group in another country to a related group in Canada can strategically plan the price of these intra-group transaction to.
Exporting guide for Canada – 10 essentials for exporters
Canadian exporters benefit from friendly trade relations with many nations. Exporting in Canada facilitates access to high-value markets across the world, including more than a trillion dollars worth of trade with the United States. Getting the exporting process right is a crucial part of profiting from Canada’s.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
The CPTPP, formerly known as the Trans-Pacific Partnership (TPP), helps to facilitate a variety of opportunities for Canadian importers and exporters. Signed in 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will soon expand to include the United Kingdom, expanding the reach of.
CARM Release 2 Postponed to October 2024
In a news release published on April 19, the Canada Border Services Agency (CBSA) announced that CARM Release 2 will be postponed to October 2024 for Canadian importers and other trade chain partners. However, CARM will still launch as scheduled on May 13 for internal CBSA employees.
Earth Day – importers, shippers and customs brokers can improve environmental sustainability
Earth Day serves as a reminder of our collective responsibility to protect and preserve the health of our planet. Individual actions like recycling and reducing energy use are important, but it's also vital to consider how businesses impact the environment through shipping and importing.
The value of a good customs broker
Successfully navigating through government regulations, compliance requirements, and international trade trends is a top priority for importers. A customs broker serves as a vital source of trade knowledge, providing a high-value service for companies looking to stay ahead of the curve.
