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

In a concerted effort to improve the nation-to-nation relationship between the federal government and the Aboriginal Canadians, the government will be offering an impressive investment of $500 million dollars for the First Nation education infrastructure as well as equitable funding for family and child services and will eliminate the two percent funding cap for the First Nations programs. Doug George-Kanentiio, an Akwesasne Mohawk journalist,...

    The Internet has changed the business landscape forever. There is no going back, and this is especially true for retailers who have ventured into e-commerce. A small retailer may turn into a global giant in a matter of months, thanks to the online business model. E-commerce business is easily scalable, and many companies find fast growth online. Just as many companies also struggle to flourish online. While the potential fo...

Kunio Mikuriya, the Secretary-General of the World Customs Organization (WCO), has announced that 2016 will be a year for promoting efforts to digitize all Customs processes and has coined the slogan “Digital Customs: Progressive Engagement.” This concerted effort will enable all WCO members to highlight and promote the facilitation of Information and Communication Technologies. Digital Customs represents the use of any automated or electr...

Each and every year the international trade markets change. 2016 will certainly be no different. Canadian businesses can expect a whirlwind of changes if they import or export goods. These developments cover a wide range of topics and years of implementation and negotiation. To ensure your importing or exporting business continues to run smoothly, you'll want to educate yourself on the forthcoming changes. Here are seven major international tr...

Small and medium-sized firms often find it is cheaper and easier to pay customs duties, instead of complying with the Rules of Origin (ROO) requirements could give them preferential tariffs under trade agreements. A new report, "Making Free Trade Deals Work for Small Business: A Proposal for Reform of Rules of Origin" was released that outlines a proposal using "presumption of origin" to improve SME access to the FTA preferential tariffs. Dan Ciu...

According to economists, the recent interest rate cut by the Bank of Canada may not benefit small- and medium-sized businesses as presumed. With the new rate cut, the Canadian dollar also dropped in value and now has the potential to harm a significant number of businesses. When the rate was cut by 25 basis points to 0.5 %, the loonie also dropped more than one cent. This is a six-year low and in American dollars translates to 77.40 cents. ...

Intensive negotiations began on Tuesday in Hawaii as trade ministers met from 12 Pacific Rim countries to discuss the Trans-Pacific Partnership. The Trans-Pacific Partnership, or TPP, has been called one of the biggest trade deals of all time. Yet, the effects on Canada and its citizens remain to be seen. What Is TPP? Before we discuss how the deal will influence Canadian companies and citizens, an understanding of the deal is needed. The TPP i...

Any businessperson or shop owner who moves product and cargo through shipping lines must have an understanding of gross weight and net weight. Operating your business without a firm grasp of what these terms mean could lead to a needless waste in spending. Consumers would also benefit from knowledge of these concepts, as some disingenuous companies deliberately hide a paltry amount of product behind the promise of a heavy gross weight. Tare Weig...

When having goods shipped to Canada, unless shipped by courier, you will require the services of a Customs broker. While it is not mandatory to use a Customs Broker to transact with the Canada Border Services Agency (CBSA), it is highly recommended to do so as even the smallest of errors can lead to heavy penalties. For a small fee, a Customs Broker will ensure that your commercial goods are entering the country legally, are properly documented a...

The customs release of a shipment can take anywhere from 20 minutes to several days depending on circumstances. Once your Customs Broker has completed your entry for customs and transmits the data, it takes about 20 minutes for the Canada Border Services Agency (CBSA) to receive it. Now that your entry has been received by the CBSA, it is now up to an officer to review the entry and either accept or reject the shipment – This step of course can...