3 reasons why you shouldn’t buy local
The idea of supporting local businesses is inherently appealing, but “buy local” campaigns may hurt the same businesses they’re designed to support.
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The idea of supporting local businesses is inherently appealing, but “buy local” campaigns may hurt the same businesses they’re designed to support.
As your supply base expands into the global trade arena, sellers and buyers need to be acutely aware of how this may impact purchases under the FCA Incoterm.
Since October 2015, I have been working on one of the biggest projects of my logistics career – to relocate my career, home and life from Ottawa, ON to beautiful Victoria, BC.
Facing a global economic slump and a sharply devaluating loonie, the government of Canada has strategically turned its attention on growing international markets with the goal of tapping into the economic benefits of global trade including seeking a free trade deal with China.
A Global Trade Enthusiasts Meetup group is an ideal place for import export professionals to get together and learn from each other’s experiences, to network, and to share common interests for business growth and development.
Many international partnerships are set up to fail because of incorrect assumptions. If we take key lessons from 17th century trading ships, we can see how best to plan ahead and strengthen partnerships to survive any import export situation.
It has been a unique privilege to be nominated as a delegate for Canada to the B20 Task Force on Financing Growth, and thereafter, to receive an invitation from the organizers to attend the final summit meeting, including a joint session with Heads of State for an even smaller group of participants.
Successful companies know that an effective international distributor may be the most vital relationship in the global supply chain.
As members of this constantly growing international trade community, you’ve probably seen a lot of things happening at FITT over this past year. We’re so grateful for your crucial role in making all of those things happen, because without you, none of it would have been possible.
For Canada, the agreement will likely result in an increase in both imports and exports, including products such as machinery, canola, beef, pork, minerals and seafood. Canadian companies will gain a competitive advantage over exporters from non-TPP countries who must still face the existing tariffs, while the same will be true for organizations importing goods to Canada.
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