Recent Trade News
Statement On The Passing Of Glen Todd
Mar 29, 2022
General Strike At Port Of Montreal Set To Begin Next Week
Apr 23, 2021 CSCB
Regulation Update To Pet Foods From The US
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Reminder: Importing food into Canada with a Safe Food for Canadians licence
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Safe Food For Canadians Licence Renewals
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Statement By Minister Ng On Canada’s Request For CUSMA Dispute Settlement Consultations With United States On Canadian Solar Products
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Canada Announces Steps To Ensure Stability For Canada-United Kingdom Trade In Goods
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Minister Ng Introduces Legislation In House Of Commons To Implement Canada-United Kingdom Trade Continuity Agreement
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Implementation Of Chapters Of The Animal Products Import Policy Framework
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Canada Successfully Concludes Talks On Transitional Trade Continuity Agreement With The United Kingdom
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Updated Requirements For Importing Organic Fresh Fruits And Vegetables
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New And Temporary Import Requirements On Romaine Lettuce
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U.S. Backs Down On Aluminum Tariffs
Sep 16, 2020 Pacific Customs Brokers
Canadian Tariffs On U.S. Products Coming Within Days
Sep 15, 2020 CSCB
Additional Organic Produce Import Requirements
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Longshoremen Return To Work At The Port Of Montreal As Negotiations Continue
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Port Of Montreal Labour Disruption – Vessel Options
Aug 19, 2020
72-Hour Strike From July 27 to 31 At Port Of Montreal
Aug 10, 2020
Canada Retaliates With New Surtaxes Imposed On Goods Imported From The U.S.
Aug 07, 2020
U.S. Imposes A 10% Duty On Canadian Aluminium Effective August 16th, 2020
Aug 06, 2020 Pacific Customs Brokers
Reduced Inspection Frequencies For Meat Imported From Australia And New Zealand
Aug 04, 2020 CFIA
Reminder On SFCR Requirements For The Manufactured Food Sector
Jul 10, 2020 Pacific Customs Brokers
Safe Food For Canadians Regulations (SFCR) Requirement For The Manufactured Food Commodities
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U.S. Lumber Futures Surge 4 Percent As Trade Deal with Canada Expires
By Michael Hirtzer, Reuters Oct 13, 2015
Oct 12 U.S. lumber futures jumped 4 percent to their highest levels in a month on Monday as inventories of the building material ran low and a nearly decade-old trade deal with Canada expired, traders and analysts said.
Investors and wood users who bet on lower lumber prices following the expiration this week of the 2006 Softwood Lumber Agreement between the United States and Canada have been covering their short positions - in both physical supplies and futures.
The trade deal, known as SLA, taxed lumber exported from western Canada into the United States. The exports were taxed at escalating rates as cash timber prices declined, making the Canadian wood more competitive with pricier supplies produced by U.S. saw mills.
As the deal neared its expiration and the Canadian dollar lost value against the greenback, traders bet that prices would decline as cheaper wood flooded across the border in what one analyst called a "wall of wood."
It is too early to say whether that influx of lumber will materialize. However, U.S. imports of Canadian timber in October were on pace to be the smallest monthly volumes in at least two years, Canadian government data showed.
Read Full Article on Reuters »