Canadians and their federal government would save money by raising tenfold the amount consumers can spend on cross-border purchases before having to pay taxes and tariffs, a new report says.
Trade Info You Can Trust
In The News
The Federal Government Making Air Travel More Convenient for Trusted Travellers
January 3, 2015
The Honourable Lisa Raitt, Minister of Transport along with Roxanne James, Parliamentary Secretary to the Minister of Public Safety and Emergency Preparedness, announced new initiatives aimed at making air travel to the United States even easier for NEXUS members and other low-risk Trusted Travellers who have undergone extensive background checks.
Canada and Israel Begin Third Round of Trade Expansion Talks
December 24, 2014
The Honourable Ed Fast, Minister of International Trade, ...announced the start of the third round of negotiations to expand and modernize the Canada-Israel Free Trade Agreement (CIFTA). The negotiations are taking place in Jerusalem from December 7 to 11, 2014, and will cover a range of issues.
CETA: NL premier reconsidering support of massive trade deal
December 24, 2014
Premier Paul Davis cast Newfoundland and Labrador’s support for a European free trade deal in doubt over an escalating fishery dispute with the federal government.
Davis said he’ll reconsider backing the Comprehensive Economic and Trade Agreement (CETA) if Ottawa insists on adding what he said are new conditions to a promised fishery fund for his province.
Price gap help could be cancelled out with higher tariffs
December 24, 2014
Canadians could soon be paying more for a range of products, despite a move Tuesday by the Conservative government to lessen the gap between the prices paid by Canadians and Americans for the same goods.
A 2013 federal budget decision to raise tariffs on items from 72 countries takes effect Jan. 1, 2015, and is expected to net $300 to $350 million for the federal government.