For those who worry about the world's wealth and wellbeing, the term "economic shock" has a special meaning.
As defined by people like the Bank of Canada's governor Stephen Poloz, while economies are always in a state of flux, occasionally an outside force, usually unforeseeable, or at least unexpected, will sweep in and put everything awry.
The CBSA is pleased to announce that Trade Chain Partners can now use the SWI IID Regulated Commodities Data Element Matching Criteria to identify commodities regulated by a particular Participating Government Department or Agency (PGA) program.
The new Canada-United States-Mexico Agreement (CUSMA, also known as USMCA or T-MEC) modernizes NAFTA and includes rules for de minimis – something not included in NAFTA.
The following form has been updated on the CBSA website:
B2G - CBSA Informal Adjustment Request
Canada's merchandise exports rose 1.9% in December, mostly on higher crude oil exports, while imports edged up 0.2%. As a result, Canada's merchandise trade deficit with the world narrowed from $1.2 billion in November to $370 million in December.
