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Clearit.ca's Blog on Customs Brokerage and News Updates

Low Loonie Equals Opportunities

The heydays of a high Canadian dollar seem so far way; just a few years back, our Loonie was able to creep up to par with its American counterpart. But those days are gone. With yet another week with a golden loon soaring not so high at 75 cents U.S.D., it may not be optimal for buying within Canada but exporters are taking advantage of a lower Canadian dollar. Low exchange rates equals to lower prices and interesting opportunities for U.S. compa...

Top 5 Most Common Mistakes on the NAFTA Certificate of Origin

Information sharing with various government agencies and regulators is part of the import-export business, it's something many businesses feel like they can do with a blindfold on; include some shipping or invoicing data here, throw in the name of the shipper there and the consignee here and then send off the forms. It seems pretty easy and for businesses that do it on a regular basis it truly is routine, but what about the North American Free Tr...

Major Canadian Trade Developments in 2016

Although it seems like 2017 is just around the corner, it’s important to keep in mind that there are a few months still left in 2016 and that so much can happen, in so little time. There are major trade developments that have and will influence Canadian businesses that import or export goods and services. Many of these are the results on discussions and negotiations that have been going on for years and may well be in the implementation and rat...

How to Import Your Dream Car from the U.S. to Canada

So you've finally found the car of your dreams: the curves, the power, and just the perfect color. But there's one small problem, the seller is located in the U.S. which means you'll need to bring the car into Canada, which might sound easy...but it's a bit more challenging than that. Importing a vehicle into Canada is regulated by several different government agencies. Transport Canada itself has quite an exhaustive definition for what exactl...

Canada at Risk of Tech Shut Out

In early May 2015, Jim Balsillie, co-founder of Research in Motion (now BlackBerry Ltd.), published an editorial in the Globe and Mail in which he said: “Canada’s terrible record of commercializing its ideas won’t change until we build proper infrastructure to help our entrepreneurs succeed on the global stage, where the real money is made.” Balsillie‘s main reproach was that policies required for the innovation economy in Canada are...