2021

Canada’s trade deficit drops to to $1.7 billion in December

Merchandise exports increased 1.5 percent, while imports fell 2.3 percent Statistics Canada announced that the country’s merchandise exports increased 1.5% in December, with energy product exports posting the largest increase. Imports fell 2.3%, mainly because of lower imports of consumer…

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CBSA issues dumping determination on certain concrete reinforcing bar from 7 countries

Provisional duties at rates ranging from 3.7% to 28.4% will now be payable on the subject goods The Canada Border Services Agency (CBSA) made a preliminary determination of dumping respecting certain concrete reinforcing bar from Algeria, Egypt, Indonesia, Italy, Malaysia,…

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Tribunal finds dumping of steel plate from Chinese Taipei and Germany injures Canadian industry

Anti-dumping duties will be collected by the CBSA on importations of these goods The Canadian International Trade Tribunal announced on February 5, 2021 its finding that the dumping of certain heavy plate, originating in or exported from Chinese Taipei and…

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Duty on certain carbon steel grating from China could expire in March

Tribunal is seeking opinions on whether it should let the finding expire or conduct an expiry review The Canadian International Trade Tribunal’s finding concerning the dumping and subsidizing of certain steel grating from China is scheduled to expire on April…

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Canada and the EU agree on rules for CETA investment court

Rules will apply once the parliaments of all 27 EU Member States have approved CETA Canada and the European Union (EU) adopted four decisions putting in place the Investment Court System provisions agreed in the EU-Canada Comprehensive Economic and Trade…

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Global air cargo demand decreased by over 10 percent in 2020

IATA says capacity shrank by 23.3 percent due to loss of available belly cargo space as passenger aircraft stay parked The International Air Transport Association (IATA) released data for global air freight markets showing that demand for air cargo decreased…

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OECD’s indicators continue to recover from the COVID-19 crisis lows

 Economic indicators continue to recover from the COVID-19 crisis lows in most major economies The Organisation for Economic Co-operation and Development (OECD) announced that its composite leading indicators (CLIs) continue to recover from the COVID-19 crisis lows in most major…

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Conditional tariff relief: diversions must be reported promptly

Duty relief provisions are under the strict condition that imported goods be used in a specific way The Government of Canada has issued over the years several conditional relief tariff items to reduce or eliminate the rates of duty that…

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EU will retaliate against countries that do not comply to WTO rulings

The European Union will use countermeasures in trade disputes when arbitration is blocked The European Parliament adopted new rules allowing the European Union (EU) to use countermeasures in trade disputes when arbitration is blocked. The strengthening of the enforcement regulation…

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

Provisional duties could soon apply to concrete reinforcing bar from Oman and Russia After conducting a preliminary injury inquiry the Canadian International Trade Tribunal announced that it found a reasonable indication that the dumping of concrete reinforcing bar originating in…

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