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

Trudeau Urged to Strengthen Canada-Mexico Relations

With the upcoming arrival of President-elect Trump in the White House, accompanied with his desire to renegotiate or simply remove the United States from international trade deals; leading experts in U.S.- Canada relations are urging Prime minister Trudeau to strengthen Canada's ties with Mexico. Laura Dawson, director of the Canada Institute at the Woodrow Wilson Centre in Washington, mentioned in front of the Senate foreigh-affairs committee...

In-transit Freight Pilot Program Looking to Expand

For the past year, Canadian and American Customs officials have been observing a pilot program effectively allowing for in-transit shipments through the U.S. By in-transit, the project affects freight that has both a point of origin and destination in Canada but that passes through the United States en route to its final destination. The program started in late May 2016 and was scheduled to wrap up on November 27 of the current year. Plans are...

Canadian Businesses’ Not Always Keen about International Trade Deals

Recent research conducted by Livingston shows that only 31 per cent of Canadian small businesses believe that they can gain something out of existing free trade agreements (FTA) regulation that apply to importing and exporting goods. With the recent signing of the Comprehensive Economic Trade Agreement (CETA) between Canada and the EU, Canadian businesses might not jump on-board the band wagon as fast as expected. For Ottawa, CETA is being pus...

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...

CETA Back on Track

What seemed like a doomed deal just a few short few days ago is now going through a certain revival as a tentative deal has been reached between the Belgian government and the regional government of Wallonia. The small region which almost ruined the deal for all the other 27 members of the EU which have opted in favor of CETA, had raised concerns in regards to the dispute court mechanism proposed in the agreement. They vetoed the ratification on ...