Trade Talk
We know the complex business of importing and exporting goods and we’re here to make it simple for you with our Trade Talk Blog.
Forced Labour – New Reporting Requirements FAQs
Canada is leading the fight against forced labour through new mandates for corporate transparency in global supply chains—learn more about the pivotal steps being taken and the frequently asked questions arising from recent groundbreaking reporting requirements.
One Border One Broker™: Unveiling the Hidden Similarities of Cross-Border Trade
Dive into GHY's 'One Border One Broker™' philosophy and promise, embodying our dedication to unified customs solutions across the Canada-USA border. Read on to explore how our expertise can streamline your cross-border operations.
Uncovering Tariff Misclassification – A Case Study on Duty Recovery
Jump into this success story and discover how we turned a $150,000 duty burden into significant savings for a manufacturing and importing business. Read on to learn how our expertise can potentially benefit your cross-border operations too!
Labeling Requirements for U.S. Imports
Do you know how labels should be applied to meet U.S. regulations when bringing/importing goods into the country? Read on because this post will dive into the information that must appear on items entering the United States and other important label considerations. We'll also provide insight into any special requirements concerning specific types of imported goods.
8 Benefits of CUSMA for Small Businesses
As a small business owner, the uncertainty of trading across borders can be overwhelming. But if you want to expand your operations in North America, CUSMA will be your next best friend. Here are 8 benefits this trade agreement offers to small businesses.
Canada Imports: Prohibited and Restricted Goods
As an importer, you want to ensure that all of your goods are compliant with the regulations set out by government organizations. Find out everything you need to know about what exactly constitutes as prohibited and restricted goods upon entering Canada, as well as the CBSA standards and procedures related to these types of imports.
An Importer’s Guide to Customs Valuation
When importing goods into Canada, understanding customs valuation is essential to ensure compliance with Canadian law. Read on to learn about customs valuation and the 6 methods for the valuation of your imported goods.
Vape Tax: What You Need to Know
Looking to import into and/or manufacture vaping devices/substances in Canada? Read on to get up-to-date information so you can make sure your importation process runs smoothly.
How Transfer Pricing Affects your Imported Goods
Transfer pricing is an important concept in international business and finance. Transfer pricing allows companies to allocate taxable income across different countries, which can help with tax planning strategies. Find out everything you need to know about Transfer Pricing.
10 Tips for Importers To Stay Afloat During Inflation
With inflation rising in many parts of the world, staying afloat can be difficult. Many factors can affect your operations, from dealing with higher direct costs to less disposable incomes. Here are 10 tips to help you sustain your business during these uncertain times.
How the New Luxury Tax Affects Vehicle Importers
The new luxury tax could significantly impact your bottom line as a vehicle importer. With the tax levied on top of GST and PST, your taxes can add up quickly if not managed properly. Read on to find out more about this new tax and its implications.
An Importer’s Guide to HTS Codes
As an importer, a lack of knowledge or familiarity with HTS codes can have very real consequences for you. This guide will cover everything related to HTS code to arm you with the information necessary for successful importing!
10 Tips for Managing Time-Sensitive Imports
Managing imports can be challenging, especially when it comes to time-sensitive shipments. We've put together 10 helpful tips to help you overcome the obstacles likely to get in the way of successfully importing your time-sensitive goods. Read on to learn more.
Certificate of Origin: What it is and Why it’s Important
As an importer, staying organized and on top of compliance regulations is essential to guarantee the successful import of your goods. One way to do this is by obtaining a Certificate of Origin (CO). Read on to learn why and when you need one and how it is key for ensuring a smooth importation process.
Import Tax and Customs Duty: 10 Mistakes You Want to Avoid
Are you importing goods into the U.S.? Read on because this post will dive into 10 common duty and tax mistakes you can avoid — ensuring your import process happens without a hitch.
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