News

CBSA Message: TCC20-106 - Fourth Quarter Interest Rate 2020 / Taux d'intérêt du quatrième trimestre 2020

August 25, 2020

Clients Affected: All clients and service providers who transmit trade data using EDI and Portal.

The annual interest rate for the fourth quarter of 2020 (October 1st to December 31st, 2020) will be 0.1827.


Taux d'intérêt du quatrième trimestre 2020

Chapters 24 & 26 of the ECCRD Now Available / Maintenant disponible chapitres 24 et 26 du DECCE

August 25, 2020

The CBSA Assessment and Revenue Management (CARM) initiative will modernize CBSA commercial accounting processes and introduce a new Commercial Accounting Declaration (CAD) to replace current B3-3 (Canada Customs coding) and B2 (Request for adjustment) processes, as well as introduce new and revised financial statements, requiring system changes from the trade chain community.

Canada to adopt new approach in managing U.S. relationship: sources

August 21, 2020

The Prime Minister's Office is adopting a new approach to managing its most important economic, security and bilateral relationship, according to two sources with direct knowledge of the situation. 

More ministers will now be dealing directly with their U.S. counterparts as Ottawa takes a step back from its rigidly controlled approach to dealing with the Trump administration. 

Tariff relief consultation: section 82: wheels

August 21, 2020

The Department of Finance is currently reviewing a request for the removal of customs duties on imports of “wheels, whether or not fitted with axles, used in the manufacture of wheel and axle combinations”, and which are classified under Tariff Item No.

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