Canadian railways’ total freight volume was down 12.9% in February
Statistics Canada reports that the volume of cargo carried by Canadian railways reached 26.7 million tonnes in February, down 12.9% from February 2024, the steepest year-over-year decline in three years.
Global air cargo demand increased by 4.4 percent in March
According to data for March released by the International Air Transport Association (IATA) global air cargo total demand, measured in cargo tonne-kilometers, increased by 4.4% compared to March 2024 levels (+5.5% for international operations), a historic peak for March.
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.
Tribunal begins injury inquiry on dumping of certain steel sheet from Türkiye
The Canadian International Trade Tribunal initiated an inquiry to determine whether the dumping of corrosion-resistant steel sheet originating in or exported from Türkiye, by Borçelik Çelik Sanayi Ticaret A.S., has caused injury or retardation or is threatening to cause injury to Canadian industry.
CBSA initiates dumping investigation on carbon and alloy steel wire from several countries
The Canada Border Services Agency (CBSA) announced that initiated an investigation to determine whether certain carbon and alloy steel wire originating in or exported from China, the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu, India, Italy, Malaysia, Portugal, Spain, Thailand, Türkiye, and Vietnam is being sold at unfair prices in Canada.
CBSA issues information on new United States Surtax Remission Order
The Government of Canada recently announced new measures to help Canadian businesses and entities affected by the tariff dispute between Canada and the United States.
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.
Tribunal will not conduct public interest inquiry on anti-dumping duty on wire rod
In November 2024, the Canadian International Trade Tribunal (CITT) received a properly documented request for a public interest inquiry from the Ministry of Trade and Industry, Egypt (Government of Egypt), regarding the Tribunal’s injury finding in NQ-2024-001 imposing anti-dumping duty on certain wire rod from Egypt (as well as from China and Vietnam).
CBSA finds no circumvention in investigation on container chassis from Vietnam
The Canada Border Services Agency (CBSA) initiated an investigation on November 25, 2024, under the Special Import Measures Act, respecting the alleged circumvention from Vietnam of the Canadian International Trade Tribunal’s (CITT) finding issued in February 2022 respecting the dumping and subsidizing of container chassis from China.
New support measures for Canadian businesses affected by U.S. tariffs
Canada’s Minister of Finance, François-Philippe Champagne, announced three new measures for Canadian businesses and entities affected by the tariff dispute between Canada and the United States.