EICS Bulletin: Correction Period for November Softwood Lumber Permits

December 20, 2013

Brokers are advised that the correction period for November 2013 Softwood Lumber permits ends December 9, 2013 at 17:00 ET.

We remind you of the importance of submitting correct information on permits as this is imperative to the operation of the Softwood Lumber Agreement.

Global trade deal reached after 2 decades

December 19, 2013

A deal to boost global trade has been approved by the World Trade Organization's 159 member economies for the first time in nearly two decades, keeping alive the possibility that a broader agreement to create a level playing field for rich and poor countries can be reached in the future.

Canadian international merchandise trade, October 2013

December 19, 2013

The following is excerpted from a 4 December 2013 release by Statistics Canada.

Canada's merchandise imports declined 1.2% and exports decreased 0.3% in October. As a result, Canada's trade balance with the world went from a deficit of $303 million in September to a surplus of $75 million in October.

Canada's trade sputters, U.S. shows swagger

December 19, 2013

U.S. exports jumped to a record in October, an important sign of life in the global economy that could herald steadier growth in 2014.

Canada and Panama expand air transport relationship

December 19, 2013

The Honourable Lisa Raitt, Minister of Transport and the Honourable Ed Fast, Minister of International Trade, today announced Canada’s successful conclusion of negotiations with Panama resulting in an expanded Air Transport Agreement.