Imports

CIBC Report Indicates Ontario Needs to Shift Export Focus to Booming Economies like India

A report from Toronto-based CIBC World Markets Inc.

Information summarized from:  Canadian News Wire

CBSA Investigates the Dumping and Subsidizing of Certain Oil Country Tubular Goods from China

Canada Border Services Agency (CBSA) announced that it is initiating investigations into the alleged injurious dumping and subsidizing of certain oil country tubular goods originating in or exported from China. The complainants allege that the dumping and subsidizing of these goods are harming Canadian production by causing the following: lost sales, price erosion, price suppression, lost revenues, reduced gross margins, reduced profitability, loss of market share, loss of employment, reduced returns on investment and underutilization of capacity.
Information summarized from:  Canada Border Services Agency

Canada's Trade with the World, by Region

Canada enjoyed total trade growth of 11% with the world in 2010. Exports to the Latin America region increased 19%, while imports rose by almost 29%.  Canada’s total trade with Latin America saw the biggest increase of 26% in 2010. Canada’s total trade growth with the United States, Canada’s top trading partner, saw an increase of 10%. Of notable interest was the decline in Canada’s exports to the Other region (Middle East and Africa), at a decline of 12% is the only region that saw a decline in exports in 2010. Canada’s imports from Latin America and the Other region (the Middle East and Africa), increased by 29% and 26% respectively, the biggest increase in imports in 2010. Canada’s trade with the Asia Pacific region has remain relatively stable over the years and in 2010, the region has a total trade growth of slightly higher than the United States, at 10.9%. However, the dominance of the United States in Canada’s trade patterns is clear, as even a small percentage change in magnitude is much larger in dollar terms than double-digit percentage changes in other markets.

Canada’s Trade with the World, by Region 2010
(C$ millions)
 Exports% ChangeImports% ChangeTrade% Change
US278,94911.1203,1528.8482,10110.1
Asia/Oceania38,15412.983,57110.0121,72510.9
Europe38,00618.858,4892.696,4958.4
Latin America11,37619.338,09128.849,46626.5
Other7,147-12.419,99026.427,13713.2
       
Total373,63111.7403,29310.4776,92411.0

Source: Trade Data Online. Industry Canada. 15 March 2011. http://www.ic.gc.ca/eic/site/tdo-dcd.nsf/eng/Home
Reproduced with the permission of the Minister of Public Works and Government Services Canada.

 

Canada enjoyed total trade growth of 11% with the world in 2010.

Chinese Toys May Not be Safe - But They Are No Less Safe Than Others

Author(s): Asia Pacific Foundation of Canada

 in Canada-Asia Agenda   (2 pages)

Abstract

While the backlash against toys made in China continues to grow, Canadian researchers have found that Chinese-made toys face no more recalls, in proportion to their market share, than toys imported from other countries.

CSBA Begins Investigation into Dumping and Subsidizing of Oil and Gas Well Casing from China

The Canada Border Services Agency (CSBA) initiated investigations on August 13, 2007, under the Special Import Measures Act, into the alleged injurious dumping and subsidizing of certain seamless carbon or alloy steel oil and gas well casing from China. The investigations follow a complaint filed by Calgary-based TenarisAlgomaTubes Inc. CSBA will make a decision by November 9, 2007.
Information summarized from:  Canada Border Services Agency

CBSA Starts Dumping and Subsidy Investigation into Copper Pipe Fittings from China and South Korea

The Canada Border Services Agency (CBSA) announced that it has started an investigation into the alleged dumping of certain copper pipe fittings originating in or exported from the US, South Korea and China. CBSA has also initiated an investigation into the alleged subsidizing of certain copper pipe fittings from China. The Canadian International Trade Tribunal will now begin a preliminary inquiry to determine whether the imports are harming Canadian producers and will issue a decision by August 8, 2006.
Information summarized from:  Canada Border Services Agency Press Release

Government of Canada Releases International Policy Statement

The Government of Canada tabled in Parliament Canada’s ‘International Policy Statement - A Role of Pride and Influence in the World’, the country’s plan designed to strengthen Canada’s role in the world. The Statement assesses the need for Canada to invest in its defence and security, international commitments and foreign aid in order to support a strong international role. It outlines an approach that will enable Canada to focus its efforts in order to be more effective and influential.
Information summarized from:  Foreign Affairs Canada Press Release

EnWave to Market Apple Chips Produced in China

EnWave Corporation has signed a Memorandum of Understanding (MoU) to import and distribute in Canada and the US zero-fat apple chips produced in China. Under the terms of the MoU, an agency relationship will be established between EnWave and the manufacturer in China, leading to a possible joint venture relationship in the future, which would involve the joint development of products using the vacuum microwave (VM) technology. Vancouver-based EnWave is a research and development company developing commercial applications of VM technology using specially designed VM processing equipment.
Information summarized from:  EnWave Corporation Press Release

Canadian Exporters Showcase in Vancouver

Hosted by Canadian Manufacturers & Exporters, Gateway to Asia (a federally funded project through Western Economic Diversification), and S.U.C.C.E.S.S., the 3rd Annual Canadian Exporters Showcase will take place March 5, 2005 in Vancouver. The Showcase links Canadian businesses who want to export their products into China, Hong Kong, Taiwan, Korea and India with local and international Asian traders interested in importing Canadian goods and services into growing markets.
Information summarized from:  Trade Team BC Press Release

Canada Lifts Quotas for Vietnam's Garments

Vietnam’s Ministry of Trade (MOT) announced that Canada will eliminate all quotas for Vietnam’s garments and textile starting January 1 of next year. All shipments bound for Canada will not require visas. Application of MOT’s export and Canada’s import licences are still mandatory, including products that are temporarily imported into Canada. Vietnam’s export of textile and garments, up until December 7, reached 93.74% of the total quota issued by the Canadian government so far this year.
Information summarized from:  The Saigon Times Daily

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