Tag: Duty

Free Trade Talks Could Finally See Canada Raise De Minimis Levels For Duty-Free Online Shopping | CBC News

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One concession Canada seems likely to make in the current round of free trade discussions with the U.S. and Mexico is on the level of duties that Canadians must pay when shopping online — and it’s one where Canadian consumers could end up be happy with the result. Known as the de minimis threshold, it’s the level at which consumers have to pay duties and taxes on imported goods, whether through bringing items back on a trip or ordering them online and having them delivered by mail or courier. In the United…

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Rise In Duty-Free Allowance Could Cost Hundreds Of Thousands Of Jobs: Study – Business – CBC News

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Canada’s retail industry is warning that raising the duty-free allowance for cross-border shipments could lead to hundreds of thousands of job losses and cut billions of dollars from the Canadian economy. The numbers come from a Retail Council of Canada-commissioned PwC study out Friday that shows the potential fallout if Canada agreed to requests from U.S. lawmakers to increase the duty-free allowance from $20 to $800 as part of NAFTA talks. “It has very, very significant implications for not only our sales, but for employment in the industry, for Canadian…

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Liberalizing Cross-Border Online Sales Is One NAFTA Request To Which Canada Should Yield: Neil Macdonald – CBC News | Opinion

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The lobbyist on the other end of the phone laughed. I’d just asked a question about Canada’s so-called de minimis threshold, a subject which, even in wonky Ottawa, provokes glances at heaven and condescending grins. As in: “Oh, that again. When will you understand that no one understands it and nobody cares?” Well, that might be true. Canadian media dislike complex trade issues, and Canadian consumers are largely a supine, uninformed, apathetic bunch, inclined to do whatever they’re told and behave like the milk cows they’re treated as, by government…

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Trump Asked Ottawa To Drop Duties On e-Commerce Under NAFTA. Canadians Should Cheer, Say Experts – National | Globalnews.ca

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Canada has been fretting over U.S. President Donald Trump’s objectives for the upcoming NAFTA renegotiations. The administration published its wish list on Monday, ahead of the Aug. 16 date set for the start of the trade talks. But at least one of those asks should have Canadian consumers cheering. The U.S. requested that Ottawa raise the value of goods that Canadians can buy online without paying import duties and taxes to US$800 (C$1,011 ), up from its current level of C$20. That would be “unambiguously good for consumers,” Daniel Schwanen, vice-president…

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