CUSMA/USMCA Blanket “Certifications”

As the approaching July 1st, 2020 implementation of the Canada-US-Mexico free trade agreement (CUSMA, which goes by the acronym USMCA in the US), Canadian importers should be well advised that “blanket” NAFTA certificates of origin will no longer be valid when CUSMA/USMCA comes into effect. Current indications include a no “phasing out” period. Instead, the…

Canadian Low Value Shipment (LVS) Threshold Increasing Under CUSMA

Canada Border Services Agency (CBSA), through Notice CN20-15, has confirmed a future increase to the estimated value for duty threshold for Low Value Shipments (LVS) transactions entering Canada. Upon the effective date of the pending Canada-U.S.-Mexico Agreement (CUSMA), the threshold for LVS imports will increase to CAD$3,300. This new LVS threshold will apply to all…

Canada-United States-Mexico Agreement (CUSMA)

The text of the long-awaited Canada-United States-Mexico Free trade Agreement is now available on the Government of Canada Website. Although no implementation date has been set, the agreement is expected to take effect sometime in 2019. Rules of origins remain largely unchanged, however the certification process is significantly different from the current NAFTA process, with…