Your Broker Knows

Posts Tagged ‘compliance’

  • Is Your Company Trade Compliant?

    Nov 8, 11 • Your Broker KnowsNo Comments
    Is Your Company Trade Compliant?

    As the Importer of Record for transactions made with the Canada Border Services Agency, CBSA, it is extremely important that your company is aware of their obligations regarding compliance with Customs regulations. Of the myriad regulations that you face as an Importer, three very important regulations to be aware of are the “Administrative Monetary Penalty ...

  • AMPS – How Would This Affect Your Bottom Line?

    Sep 20, 11 • Your Broker KnowsNo Comments
    AMPS – How Would This Affect Your Bottom Line?

    What does AMPS mean to you? If you are importer and exporter of goods into Canada, it’s in your best interest to know what AMPS are.   Administrative Monetary Penalty System(AMPS) are monetary penalties issued by Canada Border Services Agency (CBSA) to ensure customs compliance. Both imports and exports of goods are subject to AMPS. ...

  • Are You Importing From Countries with Invasive Pests?

    Jan 25, 11 • AgricultureNo Comments
    Are You Importing From Countries with Invasive Pests?

    In order to import a product from another country into Canada, you or your customs broker must research the import requirements. Some import requirements may regulate an invasive pest (s) that is in the country of origin or the product being imported. The importance of these requirements is to ensure the safety of Canadian ecology ...

  • U.S. and Canadian Wood Packaging Materials – Informed Compliance Enforcement

    U.S. and Canadian Wood Packaging Materials – Informed Compliance Enforcement

    In 2005, Canada and the United States implemented, but did not enforce, wood packaging materials movement requirements.   Since that time, all U.S. and Canadian manufactured wood packaging materials, such as pallets, crates, dunnage etc., have been able to move freely through the shared border of both countries without having to prove pest control treatment ...

  • How to Complete a NAFTA Certificate of Origin

    Jan 7, 11 • FormsNo Comments
    How to Complete a NAFTA Certificate of Origin

    In January 1994, Canada, the United States and Mexico launched the North American Free Trade Agreement (NAFTA) and formed the world’s largest free trade area. It”s intent was to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace. In order for commodities produced in one of the ...