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Travelling Abroad: Duty on Alcohol and Tobacco into Canada

How much alcohol can I bring back to Canada? If you are a Canadian citizen and have been outside of the country for at least 48 hours, you are duty and tax exempt for the following amounts when bringing alcohol into Canada: 1.14 L (40 oz.) of liquor; or 1.5 L of wine (53 oz.); or 24 X 355 ml (12 oz.) containers of beer. How much tobacco can I bring back to Canada? If you are a Canadian citizen and have been outside of the country fo...

Canadian Exports and Imports: Cars, Oil, and Maple

Canada is a trading nation; our total trade is worth more than 66% of our GDP, the second highest in the G7 after Germany. We’re the 12th largest export economy in the world, and at just over 35 million people, that’s an accomplishment to be proud of! Understanding our import and export markets is key to understanding the Canadian economy. What does Canada import and what do we export? What does Canada Export? The bulk of Canadian export...

Ethical Importing: The Power of Sustainable Supply Chains

Supply chains around the world have evolved from simple procurement and payment relationships to tangled, complex webs. Over 820,000 Canadians are employed in supply-chain-related activities overseeing thousands of trade transactions at every step of the line. Managing supply chains is costly; supply chain costs are 79% of petroleum sales, 67% of vehicle sales, and aren’t much lower for anyone else. Adding additional costs and considerations...

Are you taking advantage of Canada’s free trade agreements?

Free trade agreements (FTAs) are made between nations that want to ease the flow of goods between countries by reducing fees and duties. Canada is regularly referred to as an open trade country. Canada has 12 active free trade agreements with the US, Mexico, Israel, South Korea and others, with 8 others currently in negotiations. As a Canadian business that imports and exports goods, you should be taking advantage of any available active agree...

Changes to NAFTA are coming. What effect will it have?

What is NAFTA? The North American Free Trade Agreement is a trilateral trade agreement between Canada, the USA, and Mexico. It has facilitated the flow of goods and labour between the participating nations and has contributed to the economic stability of the continent since 1994. The politics surrounding free trade have done a total 180 since NAFTA’s enactment. North American governments have been relatively pro free trade in the la...