2020
The steepest declines were recorded in Europe and North America while Asia was relatively less affected The World Trade Organization (WTO) announced that global merchandise trade volumes declined by 14.3% in the second quarter of 2020 compared to the previous…
Read MoreTrade between Canada and the EU has increased by 27% for goods and 47% for services Governments in Canada and the European Union (EU) welcomed the third anniversary of the provisional entry into force of the EU-Canada Comprehensive Economic and…
Read MoreThe border closure does not apply to freight and to certain essential travel Canada and the United States have announced that they are extending by another month the border restrictions put in place at the end of March. Canadian and U.S. officials…
Read MoreTribunal will first determine whether the imports are harming Canadian producers The Canada Border Services Agency (CBSA) launched an investigation into whether or not certain concrete reinforcing bar from Algeria, Egypt, Indonesia, Italy, Malaysia, Singapore and Vietnam are being sold…
Read MoreThe new CERS Portal must be used to electronically submit export declarations As announced earlier this year the Canadian Government eliminated the possibility of declaring exports on a paper form as of June 30, 2020, and exporters have to report…
Read MoreStatistics Canada reports reports that loadings of fuel oils and crude petroleum saw the largest decline in July Statistics Canada announced that railway carloadings remained below pre-pandemic levels in July, despite the rebound in trade with the United States. Canadian…
Read MoreLoss of available belly cargo space remains an issue as passenger aircraft stay parked The International Air Transport Association (IATA) released data for global air freight markets in August showing that improvement remains slow while insufficient capacity remains a major…
Read MoreThe Appellate Body cannot hear appeals as the U.S. refuses the appointment of new judges The United States notified the World Trade Organization’s (WTO) Dispute Settlement Body of its decision to appeal the report of the panel that found that…
Read MoreStep by step information on the obligations of exporters in regard to Canadian laws and regulations The Canada Border Services Agency re-issued its Guide to exporting commercial goods from Canada. Electronic export declarations are required in almost every instance and…
Read MoreStrong trade performance in June and July have brought some signs of optimism for global trade World Trade Organization (WTO) economists announced that global trade shows signs of bouncing back from a deep COVID-19 induced slump, but they caution that…
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