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 report shows increase in trade restrictions amidst economic uncertainty
According to the World Trade Organization’s (WTO) latest Trade Monitoring Report WTO members are introducing restrictions at an increased pace, particularly on food, feed and fertilizers. The stockpile of import restrictions in force also continues to grow.
CBSA collected approximately $33 billion in duties and taxes so far this year
The Canada Border Services Agency (CBSA) recently published performance outlines for 2022, from January to October.
Supply chain challenges are a top concern for Canadian exporters
According to the latest Trade Confidence Index (TCI) results from Export Development Canada (EDC), close to one-third (29%) of exporters surveyed cited supply chain challenges as their top concern for growing or maintaining a business outside of Canada.
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: Blanket certificates of origin need to be renewed for 2023
Blanket certificates of origin, whether for CUSMA or for other free trade agreements, are usually set to begin on January 1 and to expire, twelve months later, on December 31.
German parliament ratifies Canada-European Union trade agreement
Germany’s Bundestag, the lower house of parliament, voted last week to approve the ratification of the Canada-European Union (EU) free trade agreement.
Headwinds continue to affect global air cargo demand according to IATA
According to data for the month of October released by the International Air Transport Association (IATA) headwinds continue to affect global air cargo demand.
Canada’s merchandise trade surplus rises to $1.2 billion in October
Statistics Canada announced that the country’s merchandise exports rose 1.5% in October, while imports increased 0.6%.
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.