Canadian government is taking required steps to prevent aluminium and steel from entering Canada illegally as a way to circumvent trade measures. Effective Sept. 1, certain aluminium products will be added to the Import Control List (ICL) under the Export and Import Permits Act.
Under this act, importers will have to submit details of the imported aluminium products to the Canada Border Services Agency. Any inaccurate and falsified filings will be subject to penalties.
{alcircleadd}Ottawa is also modifying anti-dumping regulations in order to apply appropriate duties on products entering Canada and to give CBSA flexibility to compare import prices with the prices charged by the exporters to other countries.
The developments took place before a proposed meeting between Prime Minister Justin Trudeau and U.S. President Donald Trump at the G7 summit in France. Canada and the U.S. agreed in May on measures to prevent transhipments of steel and aluminium and monitor their trade between the two countries.
"These additions to the ICL will allow the government to track and monitor imports of aluminium and help ensure that Canada does not become an entry point for transshipment or circumvention of Canadian or U.S. trade measures," said Jean Simard, CEO of the Aluminum Association of Canada, in a statement.
Lauren Wilk, Vice President for Policy at the Aluminum Association also applauded Canada’s decision to add certain aluminium products to its Import Control List (ICL).
“Strong trade enforcement is absolutely essential to a fair, rules-based global trading system,” said Wilk. “Including aluminium products in Canada’s import monitoring system will help government officials and the industry to identify trends in trade flows and address aluminium misclassification, transshipment and evasion of duties,” he added.
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