Trans-Pacific Partnership members held their sixth meeting in Singapore
Canada’s Minister of International Trade, Mary Ng, participated in the sixth meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission hosted by Singapore.
Canada-Indonesia and Canada-ASEAN free trade talks are still progressing
Canada’s Minister of International Trade, Mary Ng, concluded a visit to Indonesia during which she met with a number of Indonesian government officials to strengthen bilateral trade talks. Minister Ng also met with Association of Southeast Asian Nations (ASEAN) officials to reinforce Canada-ASEAN relations.
CBSA issues final determinations on certain mattresses from China
The Canada Border Services Agency (CBSA) announced that it terminated the dumping investigation in respect of mattresses from China by Jiaxing Taien Springs Co., Ltd. and Xianghe Kaneman Furniture Ltd. as they have not been dumped.
CBSA can help Canadian rights holders to fight counterfeit imports
Since most counterfeit goods are produced abroad, the Canada Border Services Agency (CBSA) has established a process under which intellectual property rights holders/owners can ask the Agency to temporarily detain suspected counterfeit and/or pirated goods encountered at the border while the rights holders/owners seek legal redress.
WTO expects global trade growth to slow sharply in 2023
According to the World Trade Organization (WTO) global trade is expected to lose momentum in the second half of 2022 and remain subdued in 2023 as multiple shocks weigh on the global economy.
Global air cargo demand shows resilience in August
According to data for the month of August released by the International Air Transport Association (IATA) global air cargo markets demonstrated the industry’s resilience amid economic uncertainties.
Canada’s trade surplus drops to $1.5 billion in August
Statistics Canada announced that the country’s merchandise exports decreased 2.9% in August, while imports fell 1.7%.
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.
St. Lawrence Seaway cargo shipping expected to rise through end of season
The Chamber of Marine Commerce reports that 3.46 million tons of cargo moved through the Great Lakes-St. Lawrence Seaway system during the month of August, bringing the year-to-date total to nearly 19.2 million tons shipped.
Canadian railways’ total freight volume was up 5.6% im July
Statistics Canada reports that the volume of cargo carried by Canadian railways reached 30.2 million tonnes in July, up 5.6% from July 2021 levels. Higher carloadings of energy products and potash helped contribute to this third consecutive month of year-over-year growth.