The Canada Border Services Agency updates its verification targets
The Canada Border Services Agency (CBSA) posted on its website a few additions to the list of goods which are currently subject to its verification priorities. Through verifications the Agency assesses importers' compliance with CBSA administered legislation, determines compliance within industry sectors and assesses.
Oops! Mistakes happen
Have you ever worried that you might have missed something when filling out your customs paperwork? As an importer, you know how important it is to accurately declare your goods and back everything up with the correct documentation.
Company Compliance Programs: An essential part of your business
Because importers… not their brokers, not their suppliers… are ultimately responsible for customs compliance, sound compliance practices need to be woven into the culture of any company that moves goods across the border.
Blockchain technology and the container shipping industry
What is blockchain? Blockchain technology is a computer-based open-source system for undertaking and tracking transactions. With an agreed-to network of interconnected participants, a blockchain eliminates the need for third party oversight traditionally provided by a bank or online tracking portal.
Importing printed material? New potential opportunities!
We all know that different types of goods mean different rates of duty at the border. What’s not as intuitive is understanding the distinction between similar items and knowing what classification category an item belongs to for the purpose of assigning duty.
Heads up! CBSA is serious about compliance.
We all know that an audit – or Trade Compliance Verification – by the Canada Border Services Agency (CBSA) is a looming possibility for anyone involved in cross-border trade. And recently it seems that audits are becoming more frequent.
CETA finally has an implementation date.
The Canada-EU Comprehensive Economic and Trade Agreement (CETA) finally has an implementation date. Prime Minister Justin Trudeau and European Commission president Jean-Claude Juncker made a joint statement on the weekend [July 8] announcing that the provisional application of the massive deal will come into effect on.
How to apply for an Advance Ruling
What is it? An advance ruling is a legally binding designation of the classification of goods for the purpose of assigning tariffs. Advance rulings are issued by CBSA under the Customs Act and serve to provide clarity by confirming a good’s tariff classification number under the Canadian Customs Tariff.
Going global – Is it time to take the leap?
According to the latest analysis, of Canada’s one million small- and medium-sized businesses, only about 40,000 are exporters - and just 10,000 of those export outside the U.S. Sure, our big neighbour to the south is our closest and largest trading partner but, given the current climate of uncertainty there – not to.
Attention importers! Auditor General’s Report on Customs Duties may affect you
A report by the Auditor General of Canada on Canadian customs duties is likely to result in changes to the customs compliance and enforcement regime. Released in March 2017, the report considered the roles of three federal agencies – the Department of Finance Canada, Global Affairs Canada, and the Canada Border.
