Source: Canada US Link: The CBSA Announces New LVS Threshold for Post NAFTA 2.0 Shipments On April 4, 2020, the Canada Border Services Agency (“CBSA”) published Customs Notice 20-15 “Increase to the Low Value Shipment (LVS) Threshold for Goods Imported into Canada” in which it confirmed that the LVS threshold would increase
Source: Canada US Link: Importing Food into Canada During the COVID-19 Crisis The reliability and safety of Canada’s food supply chain has become increasingly important during these challenging times. Designed to protect Canadians from COVID-19 while minimizing disruptions in the supply of essential goods, Canada has imposed temporary b
Source: Canada US Link: Federal Court of Appeal Determines that CBSA Must Provide Reasons For Decisions in Attorney General of Canada v. Honey Fashions Ltd The Canadian Federal Court of Appeal determined in the decision of Attorney General of Canada and Honey Fashions Ltd [Honey Fashions] that the CBSA acted unreasonably by denying a name-change re
Source: Tax Law Link: Time Value of Money “Time is money”. Money has no monetary value except when it is put in the context of time. Stated alternatively: “A dollar today is worth more than a dollar tomorrow”. The value is the effect of time on invested money. This is the most basic principle of finance. Interest is the rent
Source: Canada US Link: Canada has published important information about the tariff classification of COVID-19 PPE On March 30, 2020, the Canada Border Services Agency (“CBSA”) published Customs Notice 20-12 “COVID-19: Tariff Classification and Other Information to Import Medical Supplies”. This is welcomed and I for one am
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