2021

OECD’s economic indicators continue to expand steadily

 Expansion continues at a steady pace in the United States, Japan, Canada and in the euro area The Organisation for Economic Co-operation and Development (OECD) announced that its composite leading indicators (CLIs) continue to expand steadily in the OECD area…

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Canada posted a trade deficit in May as imports rose and exports fell

The country’s merchandise imports increased 2.1% in May, while exports fell 1.6% Statistics Canada announced that the country’s merchandise imports increased 2.1% in May, while exports fell 1.6%. As a result, Canada’s merchandise trade balance moved from a surplus of…

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CBSA starts dumping investigation on oil country tubular goods from Austria

Trade Tribunal will first determine whether the imports are harming Canadian producers The Canada Border Services Agency (CBSA) announced that it is launching an investigation to determine whether certain oil country tubular goods from Austria are being sold at unfair…

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More time needed in investigation of dumping of small power transformers from three countries

Circumstances make it unusually difficult for CBSA to make a preliminary determination within ninety days Due to the existence of circumstances that make it unusually difficult to make a preliminary determination regarding the alleged injurious dumping of certain small power…

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Tribunal finds dumping of concrete reinforcing bar from Oman and Russia threatens Canadian industry

Trade Tribunal will first determine whether the imports are harming Canadian producers The Canadian International Trade Tribunal announced its finding that the dumping of concrete reinforcing bar originating in or exported from Oman and Russia has not caused injury but…

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Tribunal finds dumping of concrete reinforcing bar from Oman and Russia threatens Canadian industry

 Anti-dumping duties will be collected by the CBSA on importations of these goods The Canadian International Trade Tribunal announced its finding that the dumping of concrete reinforcing bar originating in or exported from Oman and Russia has not caused injury…

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Canada requests WTO panel review of China’s canola seed measures

China imposed suspensions and enhanced import procedures on Canadian canola seed exporters Canada submitted its first request for the establishment of a World Trade Organization (WTO) dispute panel to examine two sets of measures affecting the importation into China of…

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Canadian railways total freight volume up 6.7% in April

 Loadings from American railways rose 17.2% in April compared with the same month last year Statistics Canada reports that Canadian railways carried 31.7 million tonnes of freight in April. This was up 6.7% from 29.7 million tonnes in April 2020…

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EU prolongs safeguard measure on steel for three years

A duty of 25% will continue to apply when the level of traditional trade flows is reached The European Union (EU) announced that it is prolonging for three additional years the safeguard measure currently in place on imports of certain…

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WTO says trade policy restraint prevented a destructive acceleration of protectionism

The past several months saw international cooperation and coordination increase among nations According to the World Trade Organization’s (WTO) latest Trade Monitoring Report, trade policy restraint by G20 economies, as well as WTO members more broadly, prevented a destructive acceleration…

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