Customs and industry representatives said recently that they are still working to find a viable way to ensure that imported goods aren’t unnecessarily held up at U.S. borders due to concerns about intellectual property rights infringement. The two sides have abandoned efforts to use the Global Shipment Identification Number and are instead examining the use of CBP’s Document Imaging System.
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D13-3-11, Valuation of Goods Imported Into Canada to be Used in the Assembly, Construction, or Fabrication of a Facility or a Machine Sold on an Installed Contract Basis
The following has been updated and is available on the CBSA website:
Memorandum D13-3-11, Valuation of Goods Imported Into Canada to be Used in the Assembly, Construction, or Fabrication of a Facility or a Machine Sold on an Installed Contract Basis
Business Barometer: Small business optimism highest since beginning of 2013
November shaped up to be a reasonably positive month for Canadian small businesses. CFIB's Business Barometer® Index gained almost a full point, posting a 65.9 this month over October's 65.0. It is also the second highest reading of 2013 after February's 66.2
Canada’s current account deficit drops $500M in third quarter
Statistics Canada says the country’s seasonally adjusted current account deficit fell $500 million to $15.5 billion in the third quarter. The agency says the change largely reflected reduced deficits on trade in goods and services as well as on investment income flows...
John Manley and Lloyd Axworthy weigh in on Conservative ‘economic diplomacy
The federal Conservative government says it is harnessing the entirety of Canada’s diplomatic power to advance the country’s trade interests.
The move, formally announced Wednesday, is being billed as a historic shift in this country’s approach to the world, and is already being applauded by some of the country’s largest business groups.