Most industries and workplaces – not to mention sports and pastimes – have their own jargon, which often includes a whole vocabulary of acronyms. The shipping and logistics industry is no exception. Even if you’re properly familiar with an industry, there are probably some that still give you pause – or seem downright foreign.
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Blog Posts
In today’s world of fast-paced global trade, the work of the humble trucker is still very much in demand. And despite the proliferation of cargo ships, trains and jet planes taking our goods from A to B, trucks remain an essential part of the supply chain for many consumer goods.
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Inspections at marine ports of entry can cause major headaches for importers. They are supposed to be quick and efficient… weed out the bad apples and let the rest get on with business, right? So why were your goods stalled for so long – at great expense to you?
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If you’re a regular reader of our blog, you might remember an earlier entry on importing wood items into Canada. This one seemed to strike a chord, so we’re reposting some of the key information. If you’re one of many with lingering uncertainty about the requirements around importing wood items, read on.
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Canada’s trade remedy system provides a legal way to prevent unfair competition from foreign producers. Recent changes to this system affect regulations under both SIMA (the Special Import Measures Act) and CITT (the Canadian International Trade Tribunal Act) and have implications for Canadian importers and exporters.
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As a commercial importer, you know all about your obligations to pay GST on the goods you bring into the country.
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Compliance
Customs compliance is an essential part of every import business. Being compliant means being aware of – and abiding by – the laws and policies regulating imports and exports. Savvy importers adopt comprehensive company-wide compliance practices and keep on top of regulatory changes to adapt as necessary.
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A certificate of origin is a legal document that certifies a product’s country of origin. Certificates of origin (COs) are needed to assess the correct duty and to qualify imported products for reduced duty under free trade agreements (FTAs).
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Canada, the U.S. and Mexico – neighbours who trade more than $1 trillion per year among them – have been negotiating since August to rework the North American Free Trade Agreement.
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