Source: Canada US Link: CUSMA/USMCA and the Automotive Industry: Rising Regional Value Content Requirements for Vehicles and Auto Parts CUSMA/USMCA will come into force on July 1, 2020, at which time increased and more complex Regional Value Content (RVC) requirements for both vehicles and automotive parts will be effect
Source: Canada US Link: CUSMA/USMCA : U.S. issues Updated Interim Implementing Instructions: Automotive The Canada-United States-Mexico Agreement (CUSMA or USMCA) will introduce new and complex requirements for the automotive industry. Not only will vehicle producers face increased Regional Value Content requirements starting July 1, 2020, but th
Source: Canada US Link: Are you ready for the July 1 implementation of the CANADA-UNITED STATES-MEXICO AGREEMENT (CUSMA/USMCA)? The Canada-United States-Mexico Agreement (CUSMA), also referred to as the United States-Canada-Mexico Agreement (USMCA), comes into effect on July 1, 2020. Are you ready? The full CUSMA Agreement was signed in November
Source: Canada US Link: Seasonal Residents Entering Canada Must Prepare a List of Personal Effects Prior to Crossing On May 20, 2020, Prince Edward Island’s Premier, Dennis King, announced that the province will begin the approval process for seasonal residents starting on June 1, 2020. In order to be approved, seasonal residents must show that t
Source: Canada US Link: CBSA Extends Trade Compliance Suspension Until Further Notice On March 26, 2020, the Canada Border Services Agency (“CBSA”) notified certain importers under verification that the CBSA was temporarily suspending trade compliance activities due to COVID-19 – see The CBSA Temporarily Suspends Trade Compliance
Source: Canada US Link: Canada-U.S. Border to remain closed to non-essential travel until June 21, 2020 Canada has indicated that the Canada-U.S. border will remain closed to non-essential travel until June 21, 2020. “Non-essential” travel includes travel that is considered as tourism or recreational in nature. The restrictions may be extende
Source: Canada US Link: Unnamed Persons Requirement May Be Used To Obtain Names of Potential Tax Cheats The Canadian Minister of National Revenue (“Minister”) may, under subsection 231.2(3) of the Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.) and subsection 289(3) of the Excise Tax Act, R.S.C. 1985, c. E-15, seek information from third
Source: Canada US Link: Imports of Chinese Goods Made by Uyghurs in Detention Camps Should be Prohibited by Canada It is unclear whether the import prohibition set out in the Customs Tariff as Tariff Code Item 9897 prohibits goods made in China’s detention camps. Tariff item 9897 prohibits the importation of a number of goods, including
Source: Canada US Link: Refer to the CBSA’s New CUSMA Page for Implementation News The Canada Border Services Agency (“CBSA”) has created a new dedicated Canada-United States-Mexico Agreement (“CUMSA”) web-page on which implementation information will be posted to assist importers and exporters. CUSMA / USMCA / NAFTA 2.0 i
Source: Canada US Link: Remission Order Allows for the Relief of Customs Duty for Eligible PPE & Medical Goods On May 6, 2020, the Canada Border Services Agency (“CBSA”) published Customs Notice 20-19 to provide information for Certain Goods Remission Order (COVID-19), SOR-2020-101 (“Remission Order”) under the Customs Tariff. In o