Hosted in conjunction with the Canadian Institute of Chartered Accountants, IE Canada’s intensive three-day Customs Duty and International Trade Course is a practical tool providing importers and exporters with up-to-date knowledge to navigate and succeed in the global trade arena. A team of top trade and customs experts will outline the main rules that govern the [...]
Hosted in conjunction with the Canadian Institute of Chartered Accountants, IE Canada’s intensive three-day Customs Duty and International Trade Course is a practical tool providing importers and exporters with up-to-date knowledge to navigate and succeed in the global trade arena. A team of top trade and customs experts will outline the main rules that govern the international trade of goods and services and what you need to do to ensure your business is compliant, as well as address the key programs used by importers and exporters.
Why attend?
- experience a comprehensive program that combines examination, analysis and interpretation of legislation and compliance rules
- learn practical applications – tested and illustrated processes to effectively deal with everyday trade logistics issues
- obtain valuable insight and practical advice on organizational processes and administrative issues relating to CRA and CBSA
- develop the capability to assess the risks and exploit the opportunities in international trade agreements, including NAFTA and the WTO, thus strengthening your organization’s strategic decision making processes
- extend your own in-house or in-firm training initiatives
- network with other customs and international trade professionals from across North America
- leave with comprehensive course reference materials, including technical notations, cross references to legislation and publications, and many practical examples
Topics covered:
- Canada Customs Act, Customs Tariff and Regulations
- Tariff Classification
- Value for Duty
- Rules of Origin (foucs on NAFTA)
- Exports
- Role of Other Government Departments (OGDs)
- eManifest, Customs Self Assessment (CSA), Free and Secure Trade (FAST)
- Accounting and Recordkeeping
- Adjustments, Corrections and Audits
- Customs Enforcement, Audits, Penalties and Appeals
- Trade Remedies, e.g. anti-dumping and countervailing duties
- Export Regulations and Documentation
- Import and Export Controls and Trade Embargos
- U.S. Customs Basics
- International Trade and Investment Agreements
Facilitators:
Robert Sacco, CCS, P. Log- Special Advisor to the President I.E.Canada
Jaime Seidner, CCS, Sr. Consultant, Fraser Milner Casgrain LLP
John W. Boscariol, Partner, McCarthy Tetrault LLP
Date: Tuesday, May 7 – Thursday May 9, 2013
Location: Delta Edmonton South Hotel & Conference Centre
Download course brochure, pricing and hotel accomodation information.
Note: 10 CCS and/or CTCS points will be awarded for this course.
I.E.Canada’s Food Forum brings together an elite panel of Canadian and U.S. regulators and food safety experts covering the issues most relevant to Canadian food manufacturers, exporters and importers. Some of the topics that will be covered at this year’s Food Forum include: details of the new licensing requirements under CFIA’s mandatory importer licensing regulation; [...]
I.E.Canada’s Food Forum brings together an elite panel of Canadian and U.S. regulators and food safety experts covering the issues most relevant to Canadian food manufacturers, exporters and importers.
Some of the topics that will be covered at this year’s Food Forum include: details of the new licensing requirements under CFIA’s mandatory importer licensing regulation; new CFIA food regulations resulting from passing of Safe Food for Canadians Act; draft regulations for U.S. Food Safety Modernization Act – released in 2013; and the CFIA/CBSA single window initiative. Click here for the conference agenda.
Save the date and be sure to attend. Meet the policy makers, learn about the latest compliance requirements and changes to Canadian and U.S. food policy and regulations and network with your colleagues.
Date: Tuesday March 26, 2013
Time: 8:00 AM – 5:00 PM
Location: Courtyard by Marriot | Brampton, ON
Price: $395 (IE Canada Members) | $595 (Non-Members)
I.E.Canada, in partnership with LSCI Inc., introduces its Trusted Trader Webinar Series. Our 3 ninety minute sessions will delve into and demystify the Canada Border Services Agency’s (CBSA) Customs Self Assessment (CSA) Program. Gain the knowledge and tools needed to determine how this Trusted Trader program can benefit your company in addressing the increasing demands [...]
I.E.Canada, in partnership with LSCI Inc., introduces its Trusted Trader Webinar Series. Our 3 ninety minute sessions will delve into and demystify the Canada Border Services Agency’s (CBSA) Customs Self Assessment (CSA) Program. Gain the knowledge and tools needed to determine how this Trusted Trader program can benefit your company in addressing the increasing demands of an ever changing Canadian import landscape, where mandatory importer Advanced Trade Data requirements for all modes of transport loom in 2014 under eManifest (the third phase of CBSA’s Advance Commercial Information program), delays grow at the border and the potential for audits and penalties for non-compliance increases. Our member experts from industry, the CBSA and the service provider community will share their unique perspectives, experiences, as well as the cost and time-saving advantages of having successfully integrated CSA into their businesses’ logistics and trade compliance strategies. It is easier to adopt than you think!
The sessions are:
Trade Compliance Program Overview: What’s Available & How to Maximize It
February 27, 2013 1:00pm – 2:30pm EST
Speakers: Michelle Bunbury, Senior Manager, Trade Management Services, UPS-SCS
Hear an overview of Partners in Protection (PIP), Customs Self Assessment (CSA) and Trade Benefits (formerly the CBSA Partners in Compliance pilot) as an alternative to Advance Commercial Information (ACI), including eManifest requirements and mandatory importer Advanced Trade Data (ATD) in all transport modes for July 2014. There will also be a case study presentation on How CSA fits into my compliance program.
Customs Self-Assessment (CSA) Program: It’s Easier to Apply for Than You Think and Applying for CSA- What to Expect
March 6, 2013 1:00pm – 2:30pm EST
Speakers: Natalie Rochon, Senior Program Officer, CSA/FAST Importer Compliance, CBSA; Susan Subryan, Customs Compliance Coordinator, L.V. Lomas Limited
A presentation and case study dispelling the myths of the CSA application process as well as the costs associated with adopting this Trusted Trader program.
CSA, Modernizing and Automating Your Importation Environment, Let’s Get Started!
March 13, 2013 1:00pm – 2:30pm EST
Speakers: Louis Sauvé, IT Director, LSCI Inc.; Ruheda Karim, Manager, Customs and Compliance, Deeley Harley-Davidson Canada
A presentation on the nuts & bolts of transitioning systems to CSA followed by a case study: Soup-to-Nuts, the Path I Followed
I.E. Canada Member Registration Rate: FREE
Non-Member Registration Rate: $75 per session
Webinar login information will be sent prior to each session. Click here to register.
Further to the Economic Action Plan 2012 commitment to review Canada’s preferential tariff regime for developing countries, the Government of Canada is seeking views on proposed changes to the General Preferential Tariff (GPT). Duty-free or preferential status was introduced in 1974 under the GPT (General Preferential Tariff) to assist 175 developing nations. The global economic [...]
Further to the Economic Action Plan 2012 commitment to review Canada’s preferential tariff regime for developing countries, the Government of Canada is seeking views on proposed changes to the General Preferential Tariff (GPT).
Duty-free or preferential status was introduced in 1974 under the GPT (General Preferential Tariff) to assist 175 developing nations.
The global economic landscape has changed considerably since 1974, including significant shifts in the income levels and trade competitiveness of certain developing countries. To respond to these changes in the global economic landscape and to ensure that this form of development assistance is aligned with Canada’s development policy objectives, Economic Action Plan 2012 announced that the Government was undertaking a comprehensive review of the GPT.
Guided by the objectives of the review outlined in Economic Action Plan 2012, as well as the original policy intent of the GPT to encourage imports from developing countries as a means to promote their economic growth and export earnings, the Government is seeking views on proposed changes to the various elements of the GPT.
Canada’s Department of Finance is proposing that preferential duty status be taken away from goods shipped direct to Canada from 72 countries (e.g., China, India, Brazil, etc.) effective July 1, 2014. Click here to view the proposed changes listed in the Canada Gazette.
I.E. Canada is seeking comments from its members regarding the impact that removing GPT will have on their business. Members should submit comments in writing to Amanda Neadow, Director Committees at aneadow@iecanada.com before close of business Friday February 8th 2013.
Interested parties wishing to comment directly to the Department of Finance on the proposed changes to the GPT amendments should submit their views in writing by February 15, 2013 to the following address:
General Preferential Tariff Consultations
Department of Finance | International Trade Policy Division
L’Esplanade Laurier, East Tower, 14th Floor
140 O’Connor Street
Ottawa, Ontario K1A 0G5
Fax: 613-992-6761
Email: Tariff-Tarif@fin.gc.ca
General inquiries can be directed to Tariff and Trade Policy, Department of Finance (Tariff-Tarif@fin.gc.ca).
On December 12, 2012, I.E.Canada submitted comments to U.S. Customs and Border Protection in response to their request for stakeholder feedback on the U.S. CBP National Customs Automation Program Test Concerning Manifesting and Entry of Residue Found in Instruments of International Traffic (IITs) Draft Federal Register Notice, also known as the “Residue Manifesting and Entry [...]
On December 12, 2012, I.E.Canada submitted comments to U.S. Customs and Border Protection in response to their request for stakeholder feedback on the U.S. CBP National Customs Automation Program Test Concerning Manifesting and Entry of Residue Found in Instruments of International Traffic (IITs) Draft Federal Register Notice, also known as the “Residue Manifesting and Entry Test”.
This follows the fall 2012 cancellation of CBP’s enforcement of modified HQ H026715 ruling on instruments of international traffic containing residue, that was to require advance electronic manifesting and entry filing to address CBP concerns of officer safety and cargo security for residue returning to the United States. Industry does not believe filing entry for residual amounts of returning cargo will adequately address CBP’s concerns. Enforcement will certainly create unnecessary costs, an onerous administrative burden, and potential compliance liabilities for affected importers and exporters.
CBP advised they will compile all submitted comments on this draft Federal Register Notice and address the trade community in early 2013. I.E.Canada remains involved in consultations in this matter and will further update members as developments are available.
Click here to review a copy of the submission.
If you are buying products from Mexico or the U.S. and are not getting NAFTA benefits, you should ask why. Tariff re-engineering is a new approach to costing, where more expensive domestic components may, in the long run, make the final product cheaper. The NAFTA Certificate is a complex document that is not easy to [...]
If you are buying products from Mexico or the U.S. and are not getting NAFTA benefits, you should ask why. Tariff re-engineering is a new approach to costing, where more expensive domestic components may, in the long run, make the final product cheaper. The NAFTA Certificate is a complex document that is not easy to navigate, but with some patience and understanding it can help make your product cheaper and more appealing to your customers.
I.E. Canada’s NAFTA webinar will provide not only the basics on NAFTA, but will also investigate some of the more complex parts of the agreement. And a deeper understanding of NAFTA will assist you in making the strategic decisions that can help your business thrive.
Date: December 11, 2012 1:00 pm – 2:30 pm EDT
Cost: $150 (IE Canada Members) | $200 (Non-Members)
Please note that registration for this session will close on December 10th at 7:00 pm EDT.
I.E. Canada’s 4th Annual CATIE Awards Program is now accepting nominations and applications. This is your opportunity to recognize your personal achievements and those of your colleagues who demonstrate Trade Compliance Leadership. Are you aware of companies that are actively making improvements in compliance programs and should celebrate their Best Practices in Trade Compliance Processes? [...]
I.E. Canada’s 4th Annual CATIE Awards Program is now accepting nominations and applications.
This is your opportunity to recognize your personal achievements and those of your colleagues who demonstrate Trade Compliance Leadership. Are you aware of companies that are actively making improvements in compliance programs and should celebrate their Best Practices in Trade Compliance Processes? Does your company have excellent programs that support the Greening of the Supply Chain? Do you know an I.E. Canada member who qualifies as a candidate for the Beth Travis Memorial Member of the Year Award?
Nomination forms and details of the 2012 CATIE Awards can be found here.
Don’t delay, submit your applications now!
I.E.Canada’s 2nd Annual Ontario Regional Conference aims to provide participants with the knowledge and skills needed to succeed in today’s rapidly changing global trade environment. On Day 2 of the conference (May 15), GHY’s Executive Vice President Reynold Martens will present a session entitled “Integrated Trade Compliance Strategies: 7 Best Practices of Leading Traders.” In [...]
I.E.Canada’s 2nd Annual Ontario Regional Conference aims to provide participants with the knowledge and skills needed to succeed in today’s rapidly changing global trade environment.
On Day 2 of the conference (May 15), GHY’s Executive Vice President Reynold Martens will present a session entitled “Integrated Trade Compliance Strategies: 7 Best Practices of Leading Traders.”
In a world of increasingly complex international supply chains, trade compliance expectations placed on Canadian importers and exporters have never been higher. Companies that integrate effective compliance remediation mechanisms into their processes of governance, business operations, sourcing and sales, will benefit from reduced regulatory risk and enjoy competitive advantage. This presentation unpacks the essential elements required to make it happen.
Starting on April 22, 2012, I.E. Canada – The Association of Canadian Importers and Exporters – and the Canadian Professional Logistics Institute will launch the first of five Joint Executive Leadership Program deliveries leading to professional certification in Supply Chain Logistics & Customs and Trade. Agenda This Joint Executive Program is about strategic leadership. It places participants [...]
Starting on April 22, 2012, I.E. Canada – The Association of Canadian Importers and Exporters – and the Canadian Professional Logistics Institute will launch the first of five Joint Executive Leadership Program deliveries leading to professional certification in Supply Chain Logistics & Customs and Trade.
Agenda
This Joint Executive Program is about strategic leadership. It places participants onto a C-Level competency-based career path to become a leader. The Program will cover:
• Leadership
In-residence at an executive centre where leaders talk to leaders about issues they face in their current role. Tap into shared insights and the collective wisdom of peers.
• Transformation
A six-stage journey on a VisionPath from Discovery to Strategy, through Innovation, Integration and finally Communication. What keeps us awake at night? How do we handle it?
• Global Business
Delivering value, handling complexity, managing risk, balancing customs and trade issues that impact business. How do we sustain successful relations among diverse players, along complex supply chains in global trade environments?
• Recognition
The P.Log [Professional Logistician] and CTP [Customs and Trade Professional] designations are individual statements of trust and credibility, commitments to lifelong learning. You earn the P.Log and CTP as a life choice enhanced by the careers you create for yourself.
• Personal Development
Are you prepared to be part of an internationally mobile workforce which is competent, credible and worthy of worldwide recognition for the globally competitive market?
Invitation
Admission to this Joint Executive Program is open to logistics and international trade practitioners with a minimum of 8 years work experience. To support efforts to build professionalism in the logistics and international trade communities, we also invite individuals on executive development career paths with a minimum of 5 years work experience.
Discounts
Members of both I.E. Canada and the Logistics Institute are entitled to special discounts. These include P.Log professional members of the Logistics Institute, who wish to meet professional maintenance requirements and also earn the CTP designation, and employees of corporate members of each organization, who wish to earn both designations at the same time.
Registration
Participation in this Joint Executive Program is restricted to a maximum of 24. You are invited to select two delivery options that fit your 2012 schedule and indicate the order of preference for your first and second choice. If your first preference is filled by the time your admission into the Program is approved, you will automatically be registered in your second choice.
For more information and to register, please contact Jasmine at the Logistics Institute at 416-363-3005, ext 13, or jgill@loginstitute.ca. A complete outline of the program and registration information can be found here.
I.E.Canada will host its 7th Annual Food Forum on February 16, 2012. This much-anticipated event is a rare opportunity for those involved in the food industry to network and learn from government and industry leaders in an open and interactive forum. Thursday February 16, 2012 8:00 AM – 5:00 PM Location: Marriott Toronto Airport Hotel, [...]
I.E.Canada will host its 7th Annual Food Forum on February 16, 2012. This much-anticipated event is a rare opportunity for those involved in the food industry to network and learn from government and industry leaders in an open and interactive forum.
Thursday February 16, 2012
8:00 AM – 5:00 PM
Location: Marriott Toronto Airport Hotel, 901 Dixon Road, Toronto
In what has become an occurrence unique to I.E.Canada’s Food Forum, senior representatives from the U.S. Food and Drug Administration (FDA), Canadian Food Inspection Agency (CFIA), Health Canada, the Canada Border Services Agency (CBSA) and U.S. Customs and Border Protection (CBP) come together to speak on:
• recent Health Canada initiatives
• the continued implementation of CFIA’s Food Safety Importer Licensing initiative
• changes and developments to the U.S. Food Safety Modernization Act;
• CFIA’s soon-to-be implemented Inspection Modernization initiative
The Forum will also feature session focusing on the new Product Identification System. Representatives from the U.S. Department of Agriculture, CBSA, CBP and industry will discuss the impact of this system.
Speakers:
• Dr. Samuel Godefroy, Director General, Food Directorate, Health Canada & Vice Chair, Codex Alimentarius
• Mark Burgham, Director, Imported & Manufactured Food Division, Canadian Food Inspection Agency
• David Elder, Director, Regional Operations, U.S. Food & Drug Administration
• Paul Glover, Assistant Deputy Minister, Health Canada
• Jessica Wasserman, President, Wasserman & Associates
• Doug Bailey, Chief Information Officer, Agricultural Marketing Service, U.S. Department of Agriculture
• Franco Germano, Director, Projects Division, Canada Border Services Agency
• Cindy Allen, Executive Director, ACE Business Office, U.S. Customs & Border Protection
Register here.
Member Registration Rate: $305 (includes reception)
Non-Member Rate: $505 (includes reception)
Questions? Please contact Paulette Niedermier at pniedermier@iecanada.com
I.E. Canada (Canadian Association of Importers and Exporters) and the Canadian Professional Logistics Institute have announced they will now deliver a joint Executive Leadership Program in 2012 combining a customs and international trade designation with the P.Log. “Trade is becoming more complex and the skills required by those responsible for trade regulations and compliance continue [...]
I.E. Canada (Canadian Association of Importers and Exporters) and the Canadian Professional Logistics Institute have announced they will now deliver a joint Executive Leadership Program in 2012 combining a customs and international trade designation with the P.Log.
“Trade is becoming more complex and the skills required by those responsible for trade regulations and compliance continue to grow,” says Joy Nott, President of I.E. Canada. “This joint program will set a new benchmark in the logistics community by positioning import and export trade as integral to competitive success in global markets. The time has come to recognize publicly the skills of importers and exporters that are essential to lead in international markets.”
This new Executive Leadership Program will build an international trade focus onto the six-day inresidence program currently delivered annually by the Logistics Institute. This highly respected program will now include a trade stream that will focus on customs compliance and international trade issues. Program participants will have the opportunity to earn a designation matching their area of expertise in logistics and trade.
“Expertise in international trade is a much needed addition to the Executive Leadership Program,” said Victor Deyglio, Founding President of the Logistics Institute. “Today, supply chains and logistics are global by nature. Without a thorough familiarity with international trade issues, such as customs, individuals cannot provide the leadership needed in today’s complex world of business. Public recognition of such expertise in the form of a professional designation is an idea whose time has come. The P.Log is enhanced greatly by this joint approach.”
The joint Executive Leadership Program will feature sessions on leadership, professionalism and ethics, supply chain strategies, and international trade issues, including customs compliance. In the interactive format characteristic of this Program, break-out sessions will deal with issues that are unique to supply chain logistics and international trade with a specific focus on world customs. At the end of the week-long Program, participants will earn designations appropriate to the specific expertise they practice as professionals.
The first joint I.E.-Logistics Institute Executive Leadership Program is scheduled for delivery at the Ivey Spencer Leadership Centre, University of Western Ontario, London, Ontario, from April 22 to 27, 2012.
For further information, go to www.iecanada.com and/or www.loginstitute.ca.
HS Amendments 2012 & NAFTA Update Seminar Winnipeg, MB | December 5, 2011 (Click here for other dates/locations across Canada)
HS Amendments 2012 & NAFTA Update Seminar
Winnipeg, MB | December 5, 2011
(Click here for other dates/locations across Canada) Continue reading »
I.E.Canada and the Canadian German Chamber of Industry and Commerce Inc. cordially invite you to the jointly organized Breakfast Seminar: Recent Legislative Changes to Product Liability Laws Where: Boardroom of Miller Thomson LLP, 840 Howe Street (Robson Court), 11th floor, Vancouver, BC and per video conference to the Boardroom of Miller Thomson, 700 – 9th [...]
I.E.Canada and the Canadian German Chamber of Industry and Commerce Inc. cordially invite you to the jointly organized Breakfast Seminar: Recent Legislative Changes to Product Liability Laws
Where: Boardroom of Miller Thomson LLP, 840 Howe Street (Robson Court), 11th floor, Vancouver, BC
and per video conference to the Boardroom of Miller Thomson, 700 – 9th av. SW, Calgary, AB
When: Vancouver: Wednesday, November 30, 2011 from 8 am to 9 am, breakfast and registration as of 7.30 am
Fee: $25 (+ tax) for members of I.E.Canada or the Canadian German Chamber, $30 (+ tax) for non-members
The New Canada Consumer Product Safety Act: What You Need To Know!
New legislation has been introduced in Canada in response to a growing public awareness of consumer product safety issues. The Canada Consumer Product Safety Act makes several significant changes to Canada’s consumer product safety legislation. Compliance managers acting for manufactures, importers, distributors and retailers of consumer products should be aware of these significant changes, and implement a compliance program to address these changes that concern:
• Product Testing and Record Keeping
• Requirements to report incidents
• Recalls
• Information Disclosure
• Enforcement and Penalties
More details, and registration can be found here.
November 3, 2011, 8:00a.m. – Deerfoot Inn – Calgary, Alberta Learn from experts as they present: • How to Classify for Canadian Export Controls – reporting and classification considerations – Export Control List (ECL) & Area Control List (ACL) – Best practices – The Matrix • Export Control Laws and Regulations – Moving beyond Basics [...]
November 3, 2011, 8:00a.m. – Deerfoot Inn – Calgary, Alberta
Learn from experts as they present:
• How to Classify for Canadian Export Controls
- reporting and classification considerations
- Export Control List (ECL) & Area Control List (ACL)
- Best practices – The Matrix
• Export Control Laws and Regulations – Moving beyond Basics
- where to find the rules & substantive differences – Canada vs. U.S.
- latest changes in licensing and export authorization
- practical steps for export compliance
• Economic Sanctions: Canada’s New Compliance Minefield
- overview of Canada’s economic sanctions measures
- focus on sanctions “hotspots” – Libya, Iran and Cuba
- designing, implementing and maintaining an effective compliance system
• U.S. Export Controls Classification Workshop
- breakdown of Export Administration Regulations (EAR) sections
- how to classify using Export Control Classification Number (ECCN)
- how to use the country chart
- overview of various lists, e.g. denied parties
- overview of International Traffic in Arms Regulations (ITAR) and the U.S. Munitions List (USML)
Cost: $495.00 (non-members of IE Canada)
Questions? For further information please contact Linda Bott at lbott@iecanada.com
or 416-595-5333, ext. 28 or toll free at 1-866-616-2243, ext. 28
Updates on AMPS penalties proposed changes
The Canada Border Services Agency (CBSA) has issued a notice to the Border Commercial Consultative Committee (BCCC)’s AMPS subcommittee regarding an update on the proposed changes to the failure to correct accounting trade penalties (C080, C081, C082, C083, C350, C351, C352 and C353) that were discussed at the last AMPS subcommittee meeting on September 27th, 2010.
The following update has been provided:
Designer Remission Order Extended
The Department of Finance has announced that on the recommendation of the Honourable James M. Flaherty, Minister of Finance, the Governor in Council approved Order in Council P.C. 2010-1414, which extends the Designer Remission Order, 2001 until December 31, 2014. The Order will be published in Part II of the Canada Gazette on December 8, 2010.
If you have any questions or comments, please feel free to contact us.
Amesika Baëta
Committee Director
I.E.Canada, Canadian Association of Importers and Exporters Inc.
160 Eglinton Avenue East, Suite 300
Toronto, Ontario M4P 3B5 416-595-5333 ext. 41
1-866-616-2243
Fax: 416-595-8226
abaeta@iecanada.com
http://www.iecanada.com
As a member of IE Canada we are pleased to share with you the following event that is coming to western Canada later this month, please read on for an outline of the event and registration information. Speakers for this event include Joy Nott, President of IE Canada, and Susan McDonald of Perseus Trade Solutions Inc.
Understanding Incoterms® 2010 & NAFTA Audit Workshops
IE Canada Incoterms 2010 & NAFTA Audit workshop Western Canada Series Brochure
As a member of IE Canada we are pleased to share with you the following event that is coming to western Canada later this month, please read on for an outline of the event and registration information. Speakers for this event include Joy Nott, President of IE Canada, and Susan McDonald of Perseus Trade Solutions Inc.
To raise your awareness before this event, Click here to watch a short video on these new Incoterms.
Sessions scheduled for the following dates and cities:
• November 15, 2010 – Winnipeg
• November 16 – Calgary
• November 18 – Vancouver
AM Session:
Effective January 1, 2011, Incoterms® 2000 will be replaced by Incoterms® 2010.
Incoterms® serve to allocate costs and responsibilities between buyer and seller and their use is expected to increase in drafting both international as well as wholly domestic contracts for the sale of goods. Incoterms® are considered by customs and tax authorities in conducting customs and tax audits and therefore a clear understanding of Incoterms and the implications of their use is critical by in-house counsel, CFOs, buyers, as well as those involved in customs, transportation and logistics functions. The changes from Incoterms® 2000 are intended to clarify the terms and the obligations they impose on the vendor and purchaser in each case and to expand the use of the terms for use in domestic transactions not involving any import/export of goods. Certain terms have been eliminated and new terms added. There are better distinctions between the terms, and cargo security obligations have been incorporated into the terms, among other changes. This workshop will: review the Incoterms® rules; review the changes; discuss best practices in using Incoterms® on contract negotiation and drafting; identify potential pitfalls; and discuss the interpretation of Incoterms® in Canadian law
PM Session:
Most importers and exporters are eager to take advantage of the duty relief granted under the North American Free Trade Agreement (NAFTA), but remain unaware of the risks and liabilities associated with claiming the NAFTA tariff treatment. Many still do not know that more than 50% of NAFTA Certificates of Origin either contain errors which render them invalid or are not supported with the necessary documentary evidence. With NAFTA origin audit activity on the rise, more importers are being shocked by assessments of financial penalties and/or retroactive duty and GST, while some Canadian manufacturers and exporters are losing their competitive advantage in the North American market. In this down to earth, easy to understand session, we’ll cover the following:
- What importers and exporters should expect during a NAFTA audit conducted by either the Canada or U.S. Customs Agencies.
- Learn from the mistakes of others – Common errors made on Certificates / Statements of Origin, and during NAFTA audits.
- Sharing NAFTA strategies used by manufacturers, exporters and importers.
- Do you really know how your Customs Broker is handling this issue? Are you at greater risk than you thought?
Registration Options:
Sessions scheduled for the following dates and cities:
• November 15, 2010 – Winnipeg
• November 16 – Calgary
• November 18 – Vancouver
Online: www.iecanada.com
By Phone: 416-595-5333 x 37 or 1-866-616-2243 x 37
By Fax: 416-595-8226 (attention: Jesse Arsenault)
By Mail: 160 Eglinton Ave. E, Suite 300, Toronto, ON, M4P 3B5 (attention: Jesse Arsenault)
