Canada's Department of Finance is introducing additional changes to determine that imports of aluminum and steel into Canada do not increase beyond historical levels.
Beginning 1 September 2019, certain aluminum products face additional monitoring, as a result of being added to the Import Control List under the Export and Import Permits Act.
At the same time, the government is adding new reporting and recordkeeping requirements for steel importers and excluding a handful of steel products from existing safeguard measures, following recommendations from the Canadian International Trade Tribunal. Canada will also be remitting safeguard surtaxes that have been paid on imports of these products since October 2018.
Finance previously announced amendments to allow the Canada Border Services Agency (CBSA) to address price distortions when calculating margins of steel and aluminum dumping, along with new policy changes to help monitor anti-dumping levels. These measures were in addition to recent changes that allow Canada to re-impose surtaxes on steel imports if required, following announcements by Canada and the United States that they would eliminate their respective trade tariffs on steel and aluminum, effective 20 May 2019.
Aluminum and steel import monitoring
Effective 1 September 2019, aluminum import shipments into Canada must cite a certain permit (i.e., a General Import Permit) on CBSA import declarations. This change is intended to alert Canada as to whether a global oversupply of aluminum is making its way into the country.
Also, Finance stated certain steel importers will be asked to submit detailed reports on their imports, to help identify possible errors or inconsistencies in import data.
Finance added that it is clarifying its documentation requirements for importers, to improve how it tracks imports and import patterns so that it may better identify whether a trade remedy action is required (and so that it can better track imports once such a trade remedy is in place).
Exclusions from steel safeguards
The government stated it is excluding certain specific products from its safeguard measures for heavy plate and stainless steel wire. Finance said its decision to exclude seven products for heavy plate and one product for stainless steel wire follows recommendations made by the Canadian International Trade Tribunal in an "exclusion inquiry" that concluded in mid-July 2019. The government said it will also remit safeguard surtaxes paid on imports of the excluded products since October 2018. Details of the additional exclusions can be found in revised Customs Notice 19-08.
Read an August 2019 report prepared by the KPMG member firm in Canada
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