TRADING WITHCANADA
2Trading with Canada
Country Overview
COUNTRY PROFILE
Capital Ottawa
Population 34.8 million
Largest City: Toronto
Area 9,984,670 sq km
Currency 1 Canadian dollar (CAD) = 100 cent
Main business languages English, French (predominant in Quebec)
DHL
FACTS
Locations 95
Gateways into the Country 8
Number of Service Centres 12
DHL Delivery Zone 7
Vehicle Fleet 243
4Trading with Canada
Canada’s Economy
Largely self-sufficient and
independent from the US economy
Competitive in innovation:
ICT, clean energy, life sciences
One of the world’s most advanced
and stable economies
ECONOMIC FORECAST
2.5 per cent GDP growth
anticipated for 2015
Source: Royal Bank of Canada
33% of UK SMEs who
are currently exporting
trade with Canada
Source: Barclays Business, 2014
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Trade Data
Trading with Canada
US$ 458.7 billion (2013 est.)
Top Export Destinations
EXPORTS FROM CANADA
US$ 471 billion (2013 est.)
Top Import Origins
IMPORTS INTO CANADA
Source: DHL, CIA World Factbook
No. 1 No. 1USA
Italy
China
India
Belgium
UK
France
Taiwan
Germany
Japan
Germany
USA
Italy
China
UK
France
Hong Kong
Mexico
8Trading with Canada
Canada / UK Trade Relations
• Strong cultural and historical ties
• The UK is Canada’s second-biggest trading partner behind
the USA, with £15.1 billion in bilateral trade in 2012
• 2016: The Canada / EU Comprehensive Economic and
Trade Agreement (CETA) will come into place
• CETA is projected to
- Remove about 99 per cent of all tariffs between the two
economies
- Benefit British businesses, especially in the automobile,
wine, pharmaceutical, dairy and poultry sectors
- Inject £1.3 billion into the UK economy
- Boost British exports to Canada by 29 per cent
9
Customs & Export Guidance
Trading with Canada
Exporting to Canada is straightforward for British businesses.
Duties only apply to shipments sent to Canada if they are valued CAN $20 and above.
To send goods to Canada, DHL Customs Brokerage needs to have on file the following
documents to clear the shipments.
For shipments sent under Incoterm Delivery Duty Paid (DDP), the sender needs to provide a:
• Signed Canadian Power of Attorney authorisation
• Registered non-resident Business Number (BN) for their company with the Canada Revenue Agency
http://www.cra-arc.gc.ca/bn/
DHL Canada can apply for a Business Number on behalf of customers.
For shipments sent under Incoterm DDU (Delivery Duty Unpaid), the sender needs to provide Power of
Attorney from the importer to allow DHL to clear the products through Customs.
Detailed information is available on the DHL Guide and through our dedicated DHL Customs Experts.
10Trading with Canada
Support when trading with Canada
FACT SHEET
TAS TOOL
To calculate
landed costs
DESTINATION GUIDE
Canada Customs Video
11
Canada Customs Video
Trading with Canada
CUSTOMS
ADVICE VIDEO
12
To find out more about how DHL can help you trade internationally contact:
Let us help you get started
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VISIT: www.DHLGuide.co.uk
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