Jul 4, 2017

Duty Rate Reductions for Canada-EFTA While CETA Faces Further Delays

Industry Updates

Effective July 1, 2017, duty rate reductions will be applied to specific commodities when imported under the Canada-European Free Trade Association (EFTA) Free Trade Agreement. Countries falling under the Canada-EFTA are Iceland, Norway, Switzerland and Liechtenstein. Tariffs reduced: The following reductions in duty rates for specific products under the Most Favoured Nation (MFN) and General Preferential Tariff

Jun 29, 2017

CBSA Increasing Compliance Audits on Importers

Industry Updates

As a result of the 2017 Spring Auditor General’s Report, Canada Border Services Agency (CBSA) is stepping up their border enforcement measures and increasing compliance audits on Importers. Recommendations to the CBSA from the Auditor General include: Collecting proper descriptions of imported goods at the time of entry; Increasing the amount of monetary penalties; Reducing

Apr 25, 2017

How will CETA Influence the Importation of Vessels into Canada?

Industry Updates

The Prime Minister of Canada is hoping to have C-30, the Comprehensive Economic Trade Agreement (CETA), implemented by July 1, 2017. CETA still has to be ratified by all 28 European Union (EU) countries and 10 regional legislatures. Not all tariffs will enjoy duty free status. Commodities are broken down into seven Staging Categories identified