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Documents vital to the shipment of billions of dollars of goods across borders have traditionally been handled through manual, paper-based entries and emailed as attachments, creating extreme complexity for importers, exporters and freight forwarders trying to manage hundreds of shipments simultaneously ,” said Sam Tyagi, KlearNow.AI
The Prime Minister announced that Canada is expanding the Commonwealth Caribbean Countries Tariff program (CCCT), which gives countries in the region duty-free trade access to the Canadian market for the vast majority of goods, to include textiles and apparel.
Fast-track the flow of global trade documentation between companies. In the example of bills of lading (BL or BoL), blockchain document transaction systems are now available which enable exporters to tokenize, encrypt, and transfer bills of lading, along with any additional documents needed for the trade processes.
Apparel retailer Frank and Oak says it is closing nine stores across Quebec, Ontario and British Columbia by May 7. Court documents show the Montreal-based company has 150 employees, but when asked about how many will lose their job as a result of the closures, spokesperson Elisabeth de Gramont said she did not have that information yet.
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