News

Advances under the Beef and Veal Tariff Rate Quota (TRQ)

December 25, 2015

Message to Industry and to Brokers

In order to ensure an orderly transition between quota years, allocation holders who had an allocation under the previous year’s Beef and Veal TRQ are normally issued advances up to a maximum of 30% of their previous year’s import allocations.

D8-2-14, Tariff Item 9936.00.00 Apparel Samples

December 21, 2015

This memorandum outlines the conditions under which apparel samples qualify for customs duty-free entry under tariff item 9936.00.00.

Revisions to this memorandum update the terms of tariff item 9936.00.00 and the definition of "apparel".

D11-12-1, NAFTA Harmonized Laboratory Methods

December 21, 2015

This memorandum lists the laboratory methods which have been jointly accepted by the customs laboratories of Canada, Mexico, and the United States to achieve inter-laboratory consistency in the analysis of goods for customs purposes. Additional methods will be added to the list as agreement is reached by the laboratories of the three countries.

Bumpy Ride to Shangri-La?

December 21, 2015

"The great fall of China,” the title of an article in The Economist, sums up recent market sentiment toward China. To point, there’s a lot of falling going on. Equity markets crashed hard. The Chinese yuan was devalued, sparking fears of a currency war. Some speculate that China’s massive debt bomb is about to explode. To top it off, economic growth is sputtering and there are recession fears.

Weak Canada jobs, trade data discouraging for Q4 growth

December 21, 2015

Canada shed more jobs than expected in November, while exports tumbled in October, suggesting the economy was off to a weak start in the final quarter of 2015 after just recently emerging from a mild recession.

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