CANADA

The ORCA food waste management technology was developed in Toronto, Canada almost a decade ago. The system has since been operating in North America and other locations around the globe. Over the past three years the company has been making inroads into the Hong Kong, mainland and Asian markets from its base in the SAR and executives at ORCA Asia believe that now the time is ripe for new growth on the back of the GBA initiative. More

Canada is allowing businesses to defer customs duty payments and Goods and Services Tax/Harmonized Sales Tax (GST/HST) until 30 June 2020 as part of efforts to provide relief from the adverse economic impacts of the COVID-19 pandemic. More

On January 29 2020, US President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) into law, completing the ratification procedure within the US. Under the new free trade agreement, products will generally face more demanding compliance requirements for duty-free treatment. To cope with the more stringent origin rules and limit on the use of foreign components, Hong Kong businesses should ensure they are aware of the new deal’s key changes and impacts on their exports. More

The Senate approved on 16 January by an 89-10 vote legislation to implement the U.S.-Mexico-Canada Agreement updating NAFTA. President Trump said he plans to sign the bill, which the House of Representatives previously passed by a 385-41 vote, during the week of 20 January. More