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

Tricks and Tips To Maximize your Trade Benefits with NAFTA

Considering getting your NAFTA Certificates of Origins (NCO) updated? While setting up your review for your blanket certificates - here are some best practices you should consider: Tip 1: Be sure certificates are accurately completed Ensuring that at face value, the certificates have proper coding and are fully completed is one of the first thing companies reviewing NCOs for their North American vendors will do. It may seem like good sense but ...

Looser Sanctions with Iran Opens Doors to Business

In early February, the Canadian government eased restrictions on trade with Iran. The amendments to the economic sanctions were brought into force following Iran’s promise to comply with imposed restrictions regarding its nuclear proliferation activities under the Joint Comprehensive Plan of Action presented by the P5+1 countries. In addition, the UN Security Council also eased its sanctions and many countries including the United States and th...

Transport Preclearance Agreement Set for Spring 2016

What seemed to be a rumour only a few days ago as Prime Minister Trudeau was about to embark on his trip to Washington has now been announced officially: Canada intends to introduce legislation in Spring 2016 to implement the Canada-U.S. Agreement on Land, Rail, Marine and Air Transport Preclearance. At a recent forum hosted by the website Politico and the Canadian American Business Council, Alan Bersin, assistant secretary for international a...

No safeguards in TPP: unlevel playing field for Canadian exporters

Now signed but still not ratified, the TPP isn’t budging much with the public as observed by a recent Leger poll where 53 per cent of Canadians mention they’re not very or not at all familiar with the international trade agreement but yet just under one-half of them are in support of the TPP. Still, Minister of International Trade, Chrystia Freeland, continues to emphasize that signing the TPP wasn’t an automatic ratification and that the g...

Free-Trade Deal Between Canada and South Korea Raises Red Flags About TPP

Figures related to Canada’s 2015 trade numbers were published in early February by Statistics Canada: imports are up while exports are going through a gloomier period. As non-energy exports are showing a promising growth, the numbers don’t cancel out the reduced energy exports in addition to the loss of 0.6 per cent in total merchandise exports. But on the other side, imports have gone up 4.5 per cent, creating what experts are now calling th...