Canada's merchandise exports declined 1.4% in March, while imports edged up 0.4%. As a result, Canada's trade surplus with the world narrowed from $847 million in February to $79 million in March.
Exports declined to $42.7 billion, with prices down 2.0% and volumes up 0.7%. Energy products were the main contributor to the overall decline in exports.
The third regular Beyond the Border Action Plan news update is now available. These are being sent periodically to provide information on work to advance the Action Plan.
The spring 2014 edition of the Canada-U.S. Regulatory Cooperation Council (RCC) news update is now available. These newsletters are prepared periodically to provide you with information on RCC plans, progress being made and other items of interest.
Further to our message of May 5, 2014, Customs Tariff Update – T2014-1, the following is available on the CBSA website:
Customs Notice 14-011 – Amendments to the Departmental Consolidation of the Customs Tariff
Subscribers may be interested in the following, published on 3 May 2014 in Part I of the Canada Gazette.
Canada Border Services Agency
Special Import Measures Act
