Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
July updates to the verification priority targets of the Canada Border Services Agency
The Canada Border Services Agency (CBSA) posted on its website an updated page with the list of goods which are currently subject to its verification priorities.
WTO publishes the 2025 edition of World Tariff Profiles
The World Trade Organization (WTO) issued the 2025 edition of World Tariff Profiles.
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
WTO’s trade barometer rose as imports surged in first quarter ahead of expected tariff hikes
According to the World Trade Organization’s (WTO) latest Goods Trade Barometer, global goods trade posted a strong uptick in early 2025 driven by importers frontloading purchases ahead of anticipated higher tariffs; however, weakening export orders suggest that this momentum may not be sustained. The latest WTO Goods Trade Barometer rose to 103.5 – up from […]
Global air cargo demand increased by 2.2 percent in May
According to data for May released by the International Air Transport Association (IATA), global air cargo total demand measured in cargo tonne-kilometers increased by 2.2% compared to May 2024 levels (+3.0% for international operations).
Canada’s merchandise trade deficit narrows to $5.9 billion in May
Statistics Canada announced that Canada’s merchandise merchandise exports were up 1.1% in May, while imports fell 1.6%. As a result, Canada’s merchandise trade deficit with the world narrowed from a record $7.6 billion in April to $5.9 billion in May.
Canada’s 50% surtax on certain steel goods exceeding import quotas comes into effect
Following last week’s announcement of new measures to protect Canadian steel and aluminum industries, the Canadian Government announced the implementation of tariff rate quotas (TRQs) on imports of steel mill products from non-free trade agreement (FTA) partners, effective June 27, 2025.
Selected Government Memorandums, Notices and Decisions
Here is a selection of relevant memorandums, notices, and decisions published this week. If you have any questions, be sure to contact your Axxess specialist.
Several federal departments and agencies regulate imports into Canada
From the Competition Bureau to Environment Canada, from the Canadian Food Inspection Agency to Transport Canada, many government departments and agencies are involved in the importation of goods into Canada.
