Canada's merchandise exports advanced 3.5% and imports grew 1.6% in May. As a result, Canada's trade deficit with the world narrowed from $961 million in April to $152 million in May.
Exports increased to $44.2 billion, the second highest value on record, led by motor vehicles and parts. Overall, volumes were up 4.2% and prices declined 0.7%.
For the week of July 2 to July 8, 2014, the amount of TRQ available for re-allocation is: 76,856 kg.
The FATDC department will accept applications for the available quota on a first come first served basis starting at 1:00 p.m. eastern standard time on July 2, 2014, and until 4:00 p.m. on the same day.
Please note the following have been posted on CFIA’s website:
1. Update to "China- Export Information, Certification Requirements" web page at:
http://www.inspection.gc.ca/eng/1373555071317/1373555185449
Please be advised that the following has been updated on the CFIA website:
Canada’s shipping industry appears to have dodged a threatened U.S. cargo tax.
The push for a tax on cargo from Canada and Mexico was excluded from the new Water Resources Reform and Development Act, signed into law June 10...
