Canada’s Free Trade Agreements

Canada’s Free Trade Agreements Did you know? Canada’s total trade is worth more than two-thirds of its GDP ($1.7 trillion USD) and approximately 75% of this value occurs between countries that have entered in a Free Trade Agreement? Canada’s Free Trade Agreements gives Canadian companies preferred access to international markets by removing trade barriers like

Canada Customs Trade Compliance Audit Targets

Canada Customs Trade Compliance Audit Targets As an importer or exporter you are ultimately responsible for ensuring that your shipments and declarations made to the Canada Border Services Agency (CBSA) comply with import and export laws and regulations. CBSA manages trade compliance by performing audits either randomly or through compliance verification priorities. Each year, in

What are Incoterms®? Introducing Incoterms® 2020

What are Incoterms® & Incoterms® 2020? On January 1, 2020, the International Chamber of Commerce (ICC) released the latest edition of its International Commercial Terms, Incoterms® 2020. Incoterms® are a set of globally recognized standards or rules that define the responsibilities of sellers and buyers in the transportation and delivery of goods. First published in