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Trade Topics

Canada’s Trade Incentive Programs

Canada has a number of Trade Incentive Programs to allow Canadian companies to remain competitive in the ever increasing global competitive market and to entice foreign investors to invest in Canada. Trade incentives permit companies to waive, postpone or refund some or all of the duties and taxes that would otherwise be payable. Before reviewing the many programs, let's take a look at Canada’s Foreign Trade Zone Program.

November 23, 2018

By

John Doe

12 comments

Canada’s Duty Drawback Program

Canada’s Duty Drawback program is administered by the Canada Border Services Agency (CBSA) and is one of their Trade Incentive Programs which we explained in a previous blog post Canada’s Trade Incentive Program.

November 23, 2018

By

John Doe

12 comments

The CBSA Voluntary Disclosure Program

CBSA has a program whereby commercial clients can correct inaccurate or incomplete information or disclose previously unreported information. When this is done voluntarily CBSA may grant monetary relief to the client. This program is known as the Voluntary Disclosure Program.

November 23, 2018

By

John Doe

12 comments

Have You Left Your CARM Account Dormant?

The delay of the Canada Border Services Agency Assessment and Revenue Management (CARM) Release 2 came with a sigh of relief from many Canadian importers that had not yet gone through the process of setting up a CARM Client Portal. However, for those proactive users who did, this delay presented an annoying challenge of having their GC Key deactivated for lack of use. In this blog we will explore why this is happening and how to avoid it whilst still being prepared for CARM in 2023.

November 23, 2018

By

John Doe

12 comments