If you are new to importing, you may be wondering how duties and taxes are paid to CBSA. In this blog we will walk you through the process as well as a few must-knows.

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Trade Regulation Updates

As Of Aug 19, 2022 - Canada Puts Temporary Handgun Import Ban In Place

August 9, 2022

Notice to Industry: Restriction on Imports of Live Birds, Bird Products and By-Products From States Affected by Highly Pathogenic Avian Influenza in the United States

July 21, 2022

Fall 2022 Import Requirements for Romaine Lettuce

July 21, 2022

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September 28, 2022

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September 28, 2022

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Your Broker Knows Blog

Small Business Importing 101: Paying Duties And Taxes

If you are new to importing, you may be wondering how duties and taxes are paid to CBSA. In this blog we will walk you through the process as well as a few must-knows.

Summer Cross-Border Recreation Travel

The sun is out and so are our plans to see the world! If you are someone who likes to adventure north of the border and explore all the wilderness adventures Canada has to offer, you may wonder what you can and cannot bring with you. Do you need to formally import anything? Are any things I want to bring prohibited? Do I require specific documentation? In this blog, we will review common items that are packed up and brought along with you on your journey through Canada.

How To Import A Live Horse Into Canada

Over the years, live horse import has become highly regulated. Canada and the US have regulations governing the movement of horses across their shared border. This has led to importers being required to prepare well in advance of their trip.

The Emergence Of Digital Economy Agreements

The pandemic has highlighted the significance of the digital economy and its impact globally. It has precipitated the importance of including new digital trade chapters in trade agreements as well as standalone digital trade agreements like the Digital Economy Partnership Agreement. (DEPA).

What's The State Of Canadian Trade In 2022?

The Covid-19 pandemic continues to affect the global trade flows and economic growth throughout 2022 and likely through to 2023. The third year of Covid-19 and the Ukraine/Russia crisis has caused intensified geopolitical uncertainty that could hinder global economic recovery. The World Trade Organization (WTO) expects merchandise trade volume growth of 3% in 2022 which is down from a previous forecast of 4.7% and 3.4% in 2023. The most immediate economic impact of the Russia/Ukraine crisis has been a rise in commodity prices. Russia and Ukraine are large suppliers of essential goods that include food, energy and fertilizers. This has impacted many countries around the world but particularly low-income countries where food accounts for a large part of a household income. Another concern is lockdowns in China to prevent the spread of Covid-19 which has again disrupted supply chains.

FAQ About Importer Record Keeping Responsibilities In Canada

Importers who import commercial goods into Canada must maintain books and records as prescribed by the Customs Act and Regulations. Importers must be prepared to provide access to and copies of to Canada Border Services Agency (CBSA) for trade audit purposes. In this blog, we will explore the dos and don’ts of importer record keeping responsibilities for Customs.

BN and RM Numbers | What Do They Have To Do With Importing Into Canada?

What is Step 1 when importing commercially into Canada? Well, the answer is obtaining a Business Number (BN). In this blog we will explore what it is, why importers need one and how it’s different from an Import/Export (RM) number.

Customs Referrals, Detention and Demurrage

Many importers wonder why their shipment may have been referred by Customs for examination. Additionally, importers who import via a seaport may be presented with charges such as demurrage and detention and not be clear on what these charges relate to. Let’s take a closer look at these terms to gain some understanding.