IBM 2004 – Specialized Freight Services

Instructor: Gus Lazopoulos

Assignment

Due Date: April 12th, 2022

Submitted by :-

Manpreet Singh 0777335

Tanuj Kumar 0774386

Vishakha Aggarwal 0760108

Jaspreet kaur 0774541

Satwinder Singh 0765545

Que1: What are the three reasons that customs regulations and tariffs exist?

Ans: The three reasons that customs and regulations and tariffs exist are:

 To protect Canadian industry and Canadian jobs

 To protect Canadian agriculture, including domestic animals and wildlife
 To protect the health and well-being of Canadian citizens

Que2: What should a customs broker make their client aware of and what should they
advise their clients of, during the course of their daily business?

Ans: A customs broker is expected to advise their clients of any duty relief programs,
and changes within customs that may affect their business as well as of the need to
maintain compliance, and of the consequences under the AMPS program.

Que 3: What is the WTO?

Ans The World Trade Organization (WTO) is a multilateral corporation that governs and
enables world trade. The institution is used by governments to create, modify, and
impose trade restrictions. It went into effect on January 1, 1995, as a result of the 1994
Marrakesh Agreement, which replaced the 1948 General Agreement on Tariffs and
Trade. The WTO is the largest and most potent financial institution, with 164 member
countries representing over 98% of global economy and global GDP.

Que 4: What is the WCO?

Ans The World Customs Organization (WCO) is a non-profit organisation based in

Brussels, Belgium. The WCO works on border control issues such as commodity
categorization, pricing, laws of origin, customs collection of taxes, supply chain safety,
global trade cooperation, customs regulation activities, fraud and theft in support of
Intellectual Property Rights (IPR), illegal drug policing, counterfeiting of
pharmaceuticals, and illegal weapons tampering.

Que 5:What standardized international customs procedure, used by over 100 countries,
has the WCO developed and introduced?

Ans 5) In the export of commodities, the Harmonized System (HS) codes are frequently
employed. The Harmonized System is a standardised numeric classification system for
traded goods. That is adopted by customs officials all over the world to find a product
and collect statistics when assessing duties and taxes. The World Customs
Organization (WCO) manages the HS, which is revised every 5 years. It acts as the
cornerstone for the United States' and many economic ties' import and export
categorization systems.

Que6: What Canadian government agency is responsible for customs, and what are
some of their responsibilities?

Ans: The CBSA (The Canadian Border Services Agency) is the Canadian government
agency is responsible for customs.

It is responsible for:

 Processing all commercial shipments that reach at our borders.

 Ensuring that all applicable duties and taxes are paid.
 Ensuring that trade statistics is accurate.
 Ensuring food safety and plant and animal health is protected.
 Detaining people or goods that may pose a threat to Canada.
 Assisting in the war against money laundering.
 Removal of people who have been determined inadmissible.
 Admitting people who are complaining with Canadian laws and regulations.

Que 7 :What federal government department was created in 2003, to strengthen the
safety and security of our people, communities, and our country? (3 Marks)

Ans PSEPC - (The department of public safety & emergency preparedness)

Ques 8.What other Canadian government agencies also belong to PSEPC?

Ans. Public Safety Canada (PSC; Sécurité publique Canada, SPC; PSP), formally
known as the Agency of Public Safety and Emergency Preparedness (PSEPC), is the
Canadian government's department in responsibility of (most) public safety, emergency
management, national security, and emergency preparedness.

The public safety minister (Marco Mendicino) and the minister of emergency preparation
must account to Parliament (Bill Blair). Prior to 1988, the agency in charge of the "public
safety" portfolio was named Emergency Preparedness Canada, and it was founded
under the auspices of the Department of National Defence. The Department of Public
Safety and Emergency Preparedness was created by the Emergency Preparedness Act
of 1988.

The Department of Public Safety and Emergency Preparedness was founded in

December 2003 as part of a federal government reorganisation with the purpose of
having a single department responsible for preserving Canadian public safety. In many
ways, the department, which was founded as a direct result of the lessons gained from
the September 11, 2001 attacks on the United States, is comparable to the United
States.

It lacks general jurisdiction over immigration and does not cover maritime sovereignty
protection (which is handled by the Canadian Forces, Transport Canada, and Fisheries
and Oceans Canada) (it took over immigration enforcement functions most visibly at
borders and ports of landing, but the separate department Immigration, Refugees and
Citizenship Canada manages application and screening, settlement services, and
naturalization).