CARM: What all importers need to know about CARM

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Trade talks between Canada and China called off

Formal talks on a comprehensive trade agreement between Canada and China have been cancelled after the negotiators were unable to resolve several significant issues.  Canadian Prime Minister Justin Trudeau said both sides are willing to continue exploratory talks. 

For more information, contact Brian Rowe, Director – Customs Compliance & Regulatory Affairs.

Quick Tip #14
Don’t just insure the value of the goods

When insuring your freight, you are fully entitled to value your goods at a price above the base cost. Valuation of goods may include all freight charges, related costs, plus 10% (or more) to cover the administrative burden of processing a claim and to cover the insured’s profit. Since duty is still payable on damaged goods, make sure you insure the amount of duty as well.

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