Statistics Canada reports a merchandise trade surplus of $153 million in September
Statistics Canada announced that Canada’s merchandise exports increased 6.3% in September, while imports were down 4.1%. Because of these strong opposing movements, Canada’s merchandise trade deficit with the world went from a deficit of $6.4 billion in August to a slight surplus of $153 million in September.
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.
CBSA issues final dumping determinations on carbon and alloy steel wire from several countries
The Canada Border Services Agency (CBSA) made a final determination of dumping respecting certain carbon and alloy steel wire originating in or exported from China, Chinese Taipei, India, Italy, Malaysia, Portugal, Spain, Thailand, Türkiye, and Vietnam.
Canada intends to launch free trade negotiations with Thailand
Canada’s trade minister, Maninder Sidhu, notified the House of Commons of the government’s intent to initiate negotiations toward a Canada-Thailand Free Trade Agreement (FTA).
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.
Canada and India set to start free trade negotiations
Prime Minister, Mark Carney, met with the Prime Minister of India, Narendra Modi, on the margins of the G20 Leaders’ Summit in Johannesburg, South Africa.
Update on the Saint-Bernard-de-Lacolle border crossing upgrade project
The Canada Border Services Agency (CBSA) issued an update on the ongoing work to modernize the Saint-Bernard-de-Lacolle border crossing.
Canada announces additional measures to protect steel industry
Prime Minister Mark Carney announced this week some additional measures to protect the Canadian steel industry, reinforcing the current measures.
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.
Reminder: CBSA annual review of importers’ financial security requirement for RPP
An importer’s posted Financial Security for Release Prior to Payment (RPP) is reviewed yearly by the Canada Border Services Agency (CBSA).