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News / Regulatory Updates

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Canadian Customs (CBSA) Announces Trade Compliance Verification Priorities

The CBSA manages trade compliance with the Tariff Classification, Valuation, and Origin programs using the following two post-release verification processes: (1.) Random verifications and, (2.) Verification priorities.

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New Harmonized System standards to enter into force on 1 January 2017

The new version of the HS includes 234 sets of amendments. Environmental and social issues are a major feature of these amendments, due to the importance of the HS as a global tool for collecting trade statistics and monitoring trade.

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Trusted Trader Program

US Customs and Border Protection (CBP) announced a plan to unify the Customs-Trade Partnership Against Terrorism (“C-TPAT”) and Importer Self-Assessment (“ISA”) programs under a new test program called the “Trusted Trader Program.” 

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