Export restrictions are increasing within the G20 during economic challenges
According to the 28th World Trade Organization’s (WTO) Trade Monitoring Report on G20 trade measures, the G20 economies have introduced export restrictions at an increased pace, particularly on food and fertilizer between mid-May and mid-October 2022.
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.
Global air cargo demand softens in September
According to data for the month of September released by the International Air Transport Association (IATA), global air cargo demand has softened.
OECD leading indicators still point to slowing growth in most major economies
According to the latest Organisation for Economic Co-operation and Development (OECD) Composite Leading Indicators (CLIs), growth continues to slow in the OECD area as a whole.
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.
Dumping and subsidizing of mattresses from China injure Canadian industry according to CITT
The Canadian International Trade Tribunal (CITT) found that the dumping and subsidizing of certain mattresses originating in or exported from China (excluding those goods exported to Canada by the exporters mentioned in the finding) have caused injury to the domestic industry.
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 the European Union sign mutual trusted traders recognition arrangement
The Canada Border Services Agency (CBSA) announced the signing of a Mutual Recognition Agreement with the European Union’s (EU) Taxation and Customs Union (TAXUD) to honour each other’s Trusted Trader programs.
Canada’s merchandise trade surplus with the world widened in September
Statistics Canada announced that the country’s merchandise exports rose 1.3% in September, while imports increased 0.4%.
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.